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Accumulated other comprehensive income (loss) (Tables)
9 Months Ended
May 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of 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 nine months ended May 31, 2019 and May 31, 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 February 28, 2019
$
95

 
$
(40
)
 
$
2

 
$
(2,762
)
 
$
(2,705
)
Other comprehensive income (loss) before reclassification adjustments
1

 
56

 
1

 
(733
)
 
(675
)
Amounts reclassified from AOCI
(4
)
 
1

 

 

 
(2
)
Tax benefit (provision)
1

 
(14
)
 

 
1

 
(12
)
Net change in other comprehensive
income (loss)
(2
)
 
44

 
1

 
(732
)
 
(689
)
Balance at May 31, 2019
$
93

 
$
4

 
$
4

 
$
(3,493
)
 
$
(3,393
)
 
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
1

 
40

 
(1
)
 
(415
)
 
(376
)
Amounts reclassified from AOCI
(12
)
 
4

 

 

 
(8
)
Other

 

 

 

 

Tax benefit (provision)
3

 
(10
)
 

 
(1
)
 
(8
)
Net change in other comprehensive
income (loss)
(8
)
 
33

 
(1
)
 
(416
)
 
(393
)
Balance at May 31, 2019
$
93

 
$
4

 
$
4

 
$
(3,493
)
 
$
(3,393
)

 
Pension/ post-
retirement
obligations

Unrealized
gain (loss) on
hedges

Share of AOCI of
equity method
investments

Cumulative
translation
adjustments
 
Total
Balance at February 28, 2018
$
(141
)
 
$
(32
)
 
$

 
$
(1,990
)
 
$
(2,163
)
Other comprehensive income (loss) before reclassification adjustments

 

 
3

 
(647
)
 
(644
)
Amounts reclassified from AOCI
(2
)
 
1

 
11

 
8

 
18

Tax benefit (provision)

 

 
(3
)
 

 
(3
)
Net change in other comprehensive
income (loss)
(2
)
 
1

 
11

 
(639
)
 
(629
)
Balance at May 31, 2018
$
(143
)
 
$
(31
)
 
$
11

 
$
(2,629
)
 
$
(2,792
)

 
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
)
 

 
7

 
240

 
246

Amounts reclassified from AOCI
(5
)
 
3

 
11

 
8

 
17

Tax benefit (provision)
2

 
(1
)
 
(5
)
 

 
(4
)
Net change in other comprehensive
income (loss)
(4
)
 
2

 
13

 
248

 
259

Balance at May 31, 2018
$
(143
)
 
$
(31
)
 
$
11

 
$
(2,629
)
 
$
(2,792
)