v3.26.3
Share-based Payments (Tables)
 12 Months Ended
Aug. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Recognized
Compensation expense recognized related to our share-based payment awards during the periods presented is summarized as follows (in millions):
Year Ended August 31,
202620252024
Restricted stock awards and units$26.8 $24.0 $23.9 
Performance stock units21.3 18.9 18.6 
Stock options— 0.7 2.6 
Director stock units1.4 1.5 1.5 
Total share-based payment expense$49.5 $45.1 $46.6 
Schedule of Restricted Stock Award Activity
Activity related to restricted stock awards during the periods presented was as follows (in millions, except per share data):
Number of
Shares		Weighted Average
Grant Date
Fair Value Per
Share
Outstanding at August 31, 20230.3$159.33 
Granted0.2$168.74 
Vested(0.2)$153.74 
Forfeited—*$154.90 
Outstanding at August 31, 20240.3$167.39 
Granted0.1$295.56 
Vested(0.2)$166.16 
Forfeited—*$204.37 
Outstanding at August 31, 20250.2$229.73 
Granted0.1$363.99 
Vested(0.1)$214.87 
Forfeited—*$284.10 
Outstanding at August 31, 20260.2$302.21 
___________________________
* Represents shares of less than 0.1 million.
Schedule of the Weighted Average Assumptions Used to Estimate Fair Value of Stock Options
202620252024
Dividend yield—%—%—%
Expected volatility34.3%33.1%34.6%
Risk-free interest rate3.5%4.0%4.9%
Fair value of awards$557.79$470.66$241.39
Schedule of Performance Shares Outstanding Activity and Weighted Average Assumptions Used to Estimate Fair Value
Activity related to performance stock units during the periods presented was as follows (in millions, except per share data):
Number of
Shares		Weighted Average
Grant Date
Fair Value Per
Share
Outstanding at August 31, 20230.2$171.01 
Granted0.2$172.98 
Vested(0.1)$91.36 
Outstanding at August 31, 20240.3$186.66 
Granted0.1$321.59 
Vested(0.1)$207.02 
Forfeited—*$178.82 
Outstanding at August 31, 20250.3$214.89 
Granted0.1$392.29 
Vested(0.2)$192.05 
Forfeited—*$277.62 
Outstanding at August 31, 20260.2$276.75 
___________________________
* Represents shares of less than 0.1 million.
Schedule of Stock Option Transactions
Stock option activity during the periods presented was as follows:
OutstandingExercisable
Number of
Options
(in millions)		Weighted Average
Exercise Price		Number of
Options
(in millions)		Weighted Average
Exercise Price
Outstanding at August 31, 20231.0$131.81 0.9$135.91 
Exercised(0.1)$143.92 
Outstanding at August 31, 20240.9$130.74 0.9$132.48 
Exercised(0.1)$195.50 
Outstanding at August 31, 20250.8$119.81 0.8$119.81 
Exercised—*$201.68 
Outstanding at August 31, 20260.8$117.30 0.8$117.30 
Range of option exercise prices:
$100.01 - $160.00 (average life - 3.6 years)
0.8$117.30 0.8$117.30 
___________________________
* Represents amounts of less than 0.1 million.