v3.26.3
Fair Value Measurements (Tables)
 12 Months Ended
Aug. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Carrying Value and Estimated Fair Value of Financial Instruments
The following table summarizes balances and the fair value hierarchy level of our financial instruments recorded at fair value on a recurring basis as of the dates presented (in millions):
August 31,
20262025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash and cash equivalents$636.3 $— $— $636.3 $422.5 $— $— $422.5 
Assets in fair value hierarchy636.3 — — 636.3 422.5 — — 422.5 
Other investments(1)
6.0 5.1 
Total assets at fair value$636.3 $— $— $642.3 $422.5 $— $— $427.6 
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(1)Includes strategic investments in privately-held entities over which we do not exercise significant influence or control and without readily determinable fair values. Amounts are recorded at cost less any impairment adjusted for observable price changes, if any. These amounts are recorded within Other long-term assets on the Consolidated Balance Sheets.
Schedule of Fair Value Measurements, Nonrecurring
The following table summarizes information related to our nonrecurring fair value measurements in fiscal 2026 as of the dates presented (in millions):
Measurement DateFair Value Hierarchy LevelFair Value
Long-lived intangible assetsAugust 31, 2026Level 3$— 
Right-of-use operating lease assetAugust 31, 2026Level 3— 
Total assets at nonrecurring fair value$—