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Accumulated other comprehensive income (loss)
6 Months Ended
Feb. 28, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
The following is a summary of net changes in accumulated other comprehensive income (loss) ("AOCI") by component and net of tax for the three and six months ended February 28, 2019 and February 28, 2018 (in millions):
 
Pension/ post-
retirement
obligations

Unrealized
gain (loss) on
hedges

Share of AOCI of
equity method
investments

Cumulative
translation
adjustments
 
Total
Balance at November 30, 2018
$
97

 
$
(27
)
 
$
4

 
$
(3,305
)
 
$
(3,231
)
Other comprehensive income (loss) before reclassification adjustments

 
(19
)
 
(2
)
 
537

 
516

Amounts reclassified from AOCI
(4
)
 
2

 

 

 
(2
)
Other

 

 

 
7

 
7

Tax benefit (provision)
2

 
4

 

 
(1
)
 
5

Net change in other comprehensive
income (loss)
(2
)
 
(13
)
 
(2
)
 
543

 
526

Balance at February 28, 2019
$
95

 
$
(40
)
 
$
2

 
$
(2,762
)
 
$
(2,705
)
 
Pension/ post-
retirement
obligations

Unrealized
gain (loss) on
hedges

Share of AOCI of
equity method
investments

Cumulative
translation
adjustments
 
Total
Balance at August 31, 2018
$
101

 
$
(30
)
 
$
3

 
$
(3,076
)
 
$
(3,002
)
Other comprehensive income (loss) before reclassification adjustments

 
(16
)
 
(1
)
 
309

 
292

Amounts reclassified from AOCI
(8
)
 
3

 

 

 
(5
)
Other

 

 

 
7

 
7

Tax benefit (provision)
2

 
3

 

 
(2
)
 
3

Net change in other comprehensive
income (loss)
(6
)
 
(10
)
 
(1
)
 
314

 
297

Balance at February 28, 2019
$
95

 
$
(40
)
 
$
2

 
$
(2,762
)
 
$
(2,705
)

 
Pension/ post-
retirement
obligations

Unrealized
gain (loss) on
hedges

Share of AOCI of
equity method
investments

Cumulative
translation
adjustments
 
Total
Balance at November 30, 2017
$
(139
)
 
$
(33
)
 
$

 
$
(2,371
)
 
$
(2,543
)
Other comprehensive income (loss) before reclassification adjustments

 

 
1

 
381

 
382

Amounts reclassified from AOCI
(3
)
 
1

 

 

 
(2
)
Tax benefit (provision)
1

 

 
(1
)
 

 

Net change in other comprehensive
income (loss)
(2
)
 
1

 

 
381

 
380

Balance at February 28, 2018
$
(141
)
 
$
(32
)
 
$

 
$
(1,990
)
 
$
(2,163
)

 
Pension/ post-
retirement
obligations

Unrealized
gain (loss) on
hedges

Share of AOCI of
equity method
investments

Cumulative
translation
adjustments
 
Total
Balance at August 31, 2017
$
(139
)
 
$
(33
)
 
$
(2
)
 
$
(2,877
)
 
$
(3,051
)
Other comprehensive income (loss) before reclassification adjustments
(1
)
 

 
4

 
887

 
890

Amounts reclassified from AOCI
(3
)
 
2

 

 

 
(1
)
Tax benefit (provision)
2

 
(1
)
 
(2
)
 

 
(1
)
Net change in other comprehensive
income (loss)
(2
)
 
1

 
2

 
887

 
888

Balance at February 28, 2018
$
(141
)
 
$
(32
)
 
$

 
$
(1,990
)
 
$
(2,163
)