Equity method investments (Tables)

3 Months Ended

Nov. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Equity method investments as of November 30, 2020 and August 31, 2020, were as follows (in millions, except percentages):

	November 30, 2020			August 31, 2020
	Carrying value		Ownership percentage	Carrying value		Ownership percentage
AmerisourceBergen	$	4,030	28%	$	5,446	28%
Others	1,989		8% - 50%	1,892		8% - 50%
Total	$	6,019		$	7,338

Summarized Financial Information of Equity Method Investments

Summarized financial information for the Company’s equity method investments in aggregate is as follows:

Statements of earnings (loss) (in millions)

	Three months ended November 30,
	2020		2019
Sales	$	56,548	$	51,581
Gross profit	2,472		7,733
Net earnings (loss)	(4,798)		1,528
Share of earnings (loss) from equity method investments	(1,350)		4