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Asset Backed Securities (Tables)
9 Months Ended
May 31, 2022
Asset Backed Securities [Abstract]  
Summary of Net Carrying Amount of Assets Transferred and Related Debt

The following table summarizes the Issuer's net carrying amount of the assets transferred and the related debt.

(in millions)

 

May 31, 2022

 

Assets

 

 

 

Restricted cash

 

$

7.0

 

Equipment on operating leases, net

 

 

406.4

 

Liabilities

 

 

 

Notes payable, net

 

$

315.7