Property, Plant, and Equipment (Tables)

12 Months Ended

Aug. 31, 2024

Property, Plant and Equipment [Abstract]

Depreciation of property and equipment is computed using the straight-line method on the cost of the assets, less allowance for salvage value where appropriate, at rates based upon their estimated service lives as follows:


Asset Class			Asset Life
Buildings and improvements			8-30 years
Machinery and equipment			3-10 years
Software			3-10 years
Transportation equipment			5-6 years

Property, plant, and equipment is stated at cost, net of accumulated depreciation and consists of the following:


(in millions)	August 31, 2024		August 26, 2023
Land	$	14.6	$	14.6
Buildings and building improvements	279.3		247.3
Machinery and equipment	171.8		159.3
Software	72.0		52.7
Transportation	7.8		7.2
Construction in progress	24.5		49.3
Property, plant, and equipment, gross	570.0		530.4
Less: Accumulated depreciation	231.1		203.1
Property, plant, and equipment, net	$	338.9	$	327.3