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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Cash flows from operating activities:      
Net earnings $ 424 $ 3,962 $ 5,031
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,927 2,038 1,770
Gain on previously held equity interest 0 0 (337)
Deferred income taxes (43) 100 (322)
Stock compensation expense 137 119 130
Equity earnings from equity method investments (382) (187) (244)
Goodwill and intangible asset impairment 2,016 0 0
Other 464 302 296
Changes in operating assets and liabilities:      
Accounts receivable, net 163 (789) (391)
Inventories 63 141 331
Other current assets (31) (112) (22)
Trade accounts payable (25) 954 1,352
Accrued expenses and other liabilities 1,008 (374) 287
Income taxes (221) (406) 694
Other non-current assets and liabilities (16) (154) (311)
Net cash provided by operating activities 5,484 5,594 8,263
Cash flows from investing activities:      
Additions to property, plant and equipment (1,374) (1,702) (1,367)
Proceeds from sale leaseback transactions 724 3 0
Proceeds from sale of other assets 90 117 655
Business, investment and asset acquisitions, net of cash acquired (718) (741) (4,793)
Other (19) 16 4
Net cash used for investing activities (1,297) (2,307) (5,501)
Cash flows from financing activities:      
Net change in short-term debt with maturities of 3 months or less (161) 536 586
Proceeds from debt 20,367 12,433 5,900
Payments of debt (21,414) (10,461) (4,890)
Stock purchases (1,589) (4,160) (5,228)
Proceeds related to employee stock plans 55 174 174
Cash dividends paid (1,747) (1,643) (1,739)
Other (157) 75 (98)
Net cash used for financing activities (4,647) (3,047) (5,295)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1) (9) 11
Changes in cash, cash equivalents and restricted cash      
Net increase (decrease) in cash, cash equivalents, and restricted cash (460) 232 (2,522)
Cash, cash equivalents and restricted cash at beginning of period 1,207 975 3,496
Cash, cash equivalents and restricted cash at end of period $ 746 $ 1,207 $ 975