Equity method investments (Tables)

9 Months Ended

May 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

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

	May 31, 2021			August 31, 2020
	Carrying value		Ownership percentage	Carrying value		Ownership percentage
AmerisourceBergen	$	4,193	28%	$	5,446	28%
Others	2,584		8% - 50%	1,758		8% - 50%
Total	$	6,778		$	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 May 31,				Nine months ended May 31,
	2021		2020		2021		2020
Sales	$	55,890	$	52,772	$	171,417	$	157,382
Gross profit	2,558		2,253		7,647		6,476
Net earnings (loss)	489		912		(3,841)		1,268
Share of earnings (loss) from equity method investments	672		249		(591)		289