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Inventories (Tables)
9 Months Ended
May 31, 2022
Inventory Disclosure [Abstract]  
Components of Inventories The following table summarizes the Company’s inventory balance:

(in millions)

 

May 31,
2022

 

 

August 31,
2021

 

Manufacturing supplies and raw materials

 

$

561.3

 

 

$

352.8

 

Work-in-process

 

 

149.9

 

 

 

167.3

 

Finished goods

 

 

84.2

 

 

 

73.4

 

Excess and obsolete adjustment

 

 

(13.7

)

 

 

(19.9

)

 

 

$

781.7

 

 

$

573.6