Equity method investments (Tables)

6 Months Ended

Feb. 28, 2021

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Equity method investments as of February 28, 2021 and August 31, 2020, were as follows (in millions, except percentages):

	February 28, 2021			August 31, 2020
	Carrying value		Ownership percentage	Carrying value		Ownership percentage
AmerisourceBergen	$	4,121	28%	$	5,446	28%
Others	2,081		8% - 50%	1,758		8% - 50%
Total	$	6,202		$	7,204

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				Six months ended
	February 28, 2021		February 29, 2020		February 28, 2021		February 29, 2020
Sales	$	59,425	$	53,482	$	115,527	$	104,610
Gross profit	2,672		2,182		5,089		4,224
Net earnings (loss)	486		249		(4,329)		356
Share of earnings (loss) from equity method investments	94		40		(1,264)		40