Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Nov. 30, 2016

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 14. Accumulated Other Comprehensive Income (Loss)

The following is a summary of net changes in accumulated other comprehensive income by component and net of tax for the three months ended November 30, 2016 and November 30, 2015 (in millions):

	Pension/ post- retirement obligations			Unrecognized gain (loss) on available-for- sale investments			Unrealized gain (loss) on cash flow hedges			Share of OCI of equity method investments			Currency translation adjustment			Total
Balance at August 31, 2016	$	(212	)	$	2		$	(37	)	$	(1	)	$	(2,744	)	$	(2,992	)
Other comprehensive income (loss)		(11	)		(1	)		1			(1	)		(808	)		(820	)
Tax benefit		2			-			-			-			-			2
Net other comprehensive income (loss)		(9	)		(1	)		1			(1	)		(808	)		(818	)
Balance at November 30, 2016	$	(221	)	$	1		$	(36	)	$	(2	)	$	(3,552	)	$	(3,810	)

	Pension/ post- retirement obligations		Unrecognized gain (loss) on available-for- sale investments			Unrealized gain (loss) on cash flow hedges			Share of OCI of equity method investments		Currency translation adjustment			Total
Balance at August 31, 2015	$	29	$	259		$	(40	)	$	-	$	(462	)	$	(214	)
Other comprehensive income (loss) before reclassification adjustments		3		(5	)		-			-		(449	)		(451	)
Amounts reclassified from accumulated OCI		-		-			1			-		-			1
Tax benefit		-		6			-			-		-			6
Net other comprehensive income (loss)		3		1			1			-		(449	)		(444	)
Balance at November 30, 2015	$	32	$	260		$	(39	)	$	-	$	(911	)	$	(658	)