Actually, the Capacitor / Winding Series Circuit will result in no more than 120 VAC across a given element, when the input Voltage is 240 VAC.
Notice the Voltage rating of the Start Capacitor - it is apx. 130 VAC.
It should be more of a curiousity for the Motor running with an input Voltage of ± 120 VAC, since the Start Circuit will have ± 60 VAC across the elements.
Scott35