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Inventories (Tables)
3 Months Ended
Nov. 30, 2022
Inventory Disclosure [Abstract]  
Components of Inventories The following table summarizes the Company’s inventory balance:

(in millions)

 

November 30,
2022

 

 

August 31,
2022

 

Manufacturing supplies and raw materials

 

$

669.0

 

 

$

570.2

 

Work-in-process

 

 

142.8

 

 

 

183.3

 

Finished goods

 

 

77.9

 

 

 

75.9

 

Excess and obsolete adjustment

 

 

(14.8

)

 

 

(14.1

)

 

 

$

874.9

 

 

$

815.3