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Income Taxes (Reconciliation of Income Tax Rate) (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Income Tax Disclosure [Abstract]      
U.S. federal statutory income tax rate 21.00% 21.00% 25.70%
State income taxes, net of federal tax benefit (2.60%) (1.70%) (1.50%)
Impact of foreign tax rates (0.90%) (9.90%) (19.30%)
Permanent impact of non-deductible cost 3.20% 1.80% 5.90%
Income tax credits (2.50%) (3.10%) (2.80%)
Changes in tax rates on deferred tax assets and liabilities 10.30% 0.20% 4.00%
One-time transition tax related to the Tax Act 0 (0.005) 0.622
Indefinite reinvestment assertion impact 0.00% 0.90% 5.80%
Valuation allowance 16.80% 1.30% (16.40%)
Non-deductible equity compensation 2.20% 1.40% 5.50%
Impact of intercompany charges and dividends 15.00% 10.40% 7.30%
Reclassification of stranded tax effects in AOCI 0.00% 0.00% (4.00%)
Global Intangible Low-Taxed Income 13.70% 10.40% 0.00%
Other, net 2.00% 3.60% 4.20%
Effective income tax rate 78.20% 35.80% 76.60%
Income tax benefit on income from subsidiaries $ 42.6 $ 67.3 $ 52.1
Per basic share income tax benefit on income from subsidiaries (in dollars per share) $ 0.28 $ 0.43 $ 0.30
Income tax expense associated with remeasurement of referred tax assets $ 21.2    
Reversal of valuation allowance   $ 17.5