v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
May 31, 2025
May 31, 2024
Cash flows from operating activities:    
Net income $ 282.6 $ 303.7
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 86.7 68.5
Share-based payment expense 34.0 34.9
Asset impairments 16.7 0.0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 10.4 42.5
Inventories 5.1 (1.2)
Prepayments and other current assets (31.9) (16.3)
Accounts payable 38.1 40.4
Other operating activities (42.8) (27.4)
Net cash provided by operating activities 398.9 445.1
Cash flows from investing activities:    
Purchases of property, plant, and equipment (43.6) (41.0)
Acquisition of business, net of cash acquired (1,189.4) 0.0
Other investing activities (16.3) (3.6)
Net cash used for investing activities (1,249.3) (44.6)
Cash flows from financing activities:    
Borrowings from term loan 600.0 0.0
Repayments of term loan borrowings 100.0 0.0
Repurchases of common stock (91.3) (88.7)
Proceeds from stock option exercises and other 17.5 12.0
Payments of taxes withheld on net settlement of equity awards (24.0) (10.4)
Dividends paid (15.3) (13.4)
Other financing activities (9.3) 0.0
Net cash provided by (used for) financing activities 377.6 (100.5)
Effect of exchange rate changes on cash and cash equivalents (1.2) 1.1
Net change in cash and cash equivalents (474.0) 301.1
Cash and cash equivalents at beginning of period 845.8 397.9
Cash and cash equivalents at end of period 371.8 699.0
Supplemental cash flow information:    
Income taxes paid during the period 118.3 120.1
Interest paid during the period $ 27.5 $ 18.7