Short-Term Borrowings and Long-Term Debt (Tables)

3 Months Ended

Nov. 30, 2015

Short-Term Borrowings and Long-Term Debt [Abstract]

Short-Term Borrowings

Short-term borrowings and long-term debt consist of the following (all amounts are presented in millions of U.S. dollars and debt issuances are denominated in U.S. dollars, unless otherwise noted):

	November 30, 2015		August 31, 2015
Short-Term Borrowings(1)
Unsecured variable rate notes due 2016	$	749	$	747
Other(2)		334		321
Total short-term borrowings	$	1,083	$	1,068

⁽¹⁾ All notes are presented net of unamortized discount and debt issuance costs, where applicable.

⁽²⁾ Other short-term borrowings represent a mix of fixed and variable rate borrowings with various maturities and working capital facilities denominated in various foreign currencies including bank overdrafts.

⁽³⁾ Pound Sterling denominated notes are translated at the November 30, 2015 spot rate of $1.50 to one British Pound Sterling.

⁽⁴⁾ Also includes interest rate swap fair market value adjustments. See Note 12, Fair Value Measurements for additional fair value disclosures.

⁽⁵⁾ Euro denominated notes are translated at the November 30, 2015 spot rate of $1.06 to one Euro.

⁽⁶⁾ Other long-term debt represents a mix of fixed and variable rate borrowings in various foreign currencies with various maturities.

Long-Term Debt

Long-Term Debt(1)
Unsecured Pound Sterling variable rate term loan due 2019(3)	$	2,178	$	2,229
1.750% unsecured notes due 2017		746		746
5.250% unsecured notes due 2019(4)		251		250
2.700% unsecured notes due 2019		1,243		1,243
2.875% unsecured Pound Sterling notes due 2020(3)		598		612
3.300% unsecured notes due 2021		1,241		1,241
3.100% unsecured notes due 2022		1,193		1,193
3.800% unsecured notes due 2024		1,985		1,985
3.600% unsecured Pound Sterling notes due 2025(3)		449		459
2.125% unsecured Euro notes due 2026(5)		788		836
4.500% unsecured notes due 2034		494		494
4.400% unsecured notes due 2042		492		492
4.800% unsecured notes due 2044		1,491		1,491
Other(6)		45		44
Total long-term debt	$	13,194	$	13,315

⁽¹⁾ All notes are presented net of unamortized discount and debt issuance costs, where applicable.

⁽²⁾ Other short-term borrowings represent a mix of fixed and variable rate borrowings with various maturities and working capital facilities denominated in various foreign currencies including bank overdrafts.

⁽³⁾ Pound Sterling denominated notes are translated at the November 30, 2015 spot rate of $1.50 to one British Pound Sterling.

⁽⁴⁾ Also includes interest rate swap fair market value adjustments. See Note 12, Fair Value Measurements for additional fair value disclosures.

⁽⁵⁾ Euro denominated notes are translated at the November 30, 2015 spot rate of $1.06 to one Euro.

⁽⁶⁾ Other long-term debt represents a mix of fixed and variable rate borrowings in various foreign currencies with various maturities.

Total $8.0 Billion Debt Issuance [Member]

Debt Instrument [Line Items]

Details of Each Tranche of Notes Issued

The following table summarizes each tranche of notes issued:

Notes Issued (in millions)		Maturity Date	Interest Rate	Interest Payment Dates
$	750	May 18, 2016	Variable; three-month U.S. dollar LIBOR, reset quarterly, plus 45 basis points	February 18, May 18, August 18, and November 18; commencing on February 18, 2015
	750	November 17, 2017	Fixed 1.750%	May 17 and November 17; commencing on May 17, 2015
	1,250	November 18, 2019	Fixed 2.700%	May 18 and November 18; commencing on May 18, 2015
	1,250	November 18, 2021	Fixed 3.300%	May 18 and November 18; commencing on May 18, 2015
	2,000	November 18, 2024	Fixed 3.800%	May 18 and November 18; commencing on May 18, 2015
	500	November 18, 2034	Fixed 4.500%	May 18 and November 18; commencing on May 18, 2015
	1,500	November 18, 2044	Fixed 4.800%	May 18 and November 18; commencing on May 18, 2015
$	8,000

Euro and Pound Sterling Notes [Member]

Debt Instrument [Line Items]

Details of Each Tranche of Notes Issued

The following table details each tranche of Euro and Pound Sterling notes issued:

Notes Issued (in millions)			Maturity Date	Interest Rate
Euro Notes:
	€	750	November 20, 2026	Fixed 2.125%
Pound Sterling Notes:
	£	400	November 20, 2020	Fixed 2.875%
		300	November 20, 2025	Fixed 3.600%
	£	700

Total $4.0 Billion Debt Issuance [Member]

Debt Instrument [Line Items]

Details of Each Tranche of Notes Issued

The following table details each tranche of outstanding notes as of November 30, 2015:

Notes Issued (in millions)		Maturity Date	Interest Rate	Interest Payment Dates
$	1,200	September 15, 2022	Fixed 3.100%	March 15 and September 15; commencing on March 15, 2013
	500	September 15, 2042	Fixed 4.400%	March 15 and September 15; commencing on March 15, 2013
$	1,700