v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
May 31, 2026
May 31, 2025
Cash flows from operating activities    
Net earnings $ 68.7 $ 172.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Deferred income taxes (2.0) 8.7
Depreciation and amortization 96.1 89.3
Net gain on disposition of equipment (36.7) (16.8)
Stock based compensation expense 12.8 13.4
Earnings from unconsolidated affiliates (13.3) (14.6)
Noncontrolling interest adjustments (5.6) 9.1
Other (2.5) 2.6
Decrease (increase) in assets:    
Accounts receivable, net 53.8 15.2
Income tax receivable 26.9 11.4
Inventories 37.0 39.3
Leased railcars for syndication (189.9) (133.5)
Other assets 15.6 15.4
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (70.5) (17.8)
Deferred revenue 17.7 (26.8)
Net cash provided by operating activities 8.1 167.7
Cash flows from investing activities    
Proceeds from sales of assets 170.3 75.4
Capital expenditures (147.2) (209.1)
Other (6.6) 6.2
Net cash provided by (used in) investing activities 16.5 (127.5)
Cash flows from financing activities    
Net change in debt with maturities of 90 days or less 10.0 12.3
Proceeds from debt with maturities longer than 90 days 620.2 97.0
Repayments of debt with maturities longer than 90 days (570.0) (105.7)
Debt issuance costs (9.2) (5.0)
Repurchase of stock (13.3) (21.8)
Dividends (32.0) (29.7)
Cash distribution to joint venture partner (38.8) (10.9)
Tax payments for net share settlement of restricted stock (8.6) (5.6)
Net cash used in financing activities (41.7) (69.4)
Effect of exchange rate changes 13.5 2.6
Decrease in Cash and cash equivalents and Restricted cash (3.6) (26.6)
Cash and cash equivalents and Restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 326.4 368.6
Cash and cash equivalents and restricted cash, Ending balance 322.8 342.0
Balance sheet reconciliation    
Cash and cash equivalents 273.7 296.8
Restricted cash 49.1 45.2
Total Cash and cash equivalents and Restricted cash as presented above 322.8 342.0
Cash paid during the period for    
Interest 61.1 64.2
Income taxes (received) paid, net (9.0) 28.3
Non-cash activity    
Transfer from Leased railcars for syndication and Inventories to Equipment on operating leases, net 37.2 42.5
Capital expenditures accrued in Accounts payable and accrued liabilities 3.4 8.0
Change in Accounts payable and accrued liabilities associated with dividends declared $ 0.9 $ 0.1