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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2019
Cash flows from operating activities:      
Net earnings $ 2,512 $ 424 $ 3,962
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,973 1,927 2,038
Deferred income taxes 233 (43) 100
Stock compensation expense 155 137 119
Equity loss (earnings) from equity method investments 498 (382) (187)
Goodwill and intangible impairments 49 2,016 0
Loss on early extinguishment of debt 414 0 0
Gain on sale of business (322) 0 0
Gain on sale of equity method investment (321) 0 0
Other (64) 464 302
Changes in operating assets and liabilities:      
Accounts receivable, net (1,451) 163 (789)
Inventories 165 63 141
Other current assets (46) (31) (112)
Trade accounts payable 842 (25) 954
Accrued expenses and other liabilities 1,046 1,008 (374)
Income taxes 160 (221) (406)
Other non-current assets and liabilities (288) (16) (154)
Net cash provided by operating activities 5,555 5,484 5,594
Cash flows from investing activities:      
Additions to property, plant and equipment (1,379) (1,374) (1,702)
Proceeds from sale-leaseback transactions 856 724 3
Proceeds from sale of business, net of cash disposed 5,527 0 0
Proceeds from sale of other assets 453 90 117
Business, investment and asset acquisitions, net of cash acquired (1,431) (718) (741)
Other 46 (19) 16
Net cash provided by (used for) investing activities 4,072 (1,297) (2,307)
Cash flows from financing activities:      
Net change in short-term debt with maturities of 3 months or less (909) (161) 536
Proceeds from debt 12,726 20,367 12,433
Payments of debt (15,257) (21,414) (10,461)
Stock purchases (110) (1,589) (4,160)
Proceeds related to employee stock plans 59 55 174
Cash dividends paid (1,617) (1,747) (1,643)
Early debt extinguishment (3,687) 0 0
Other (241) (157) 75
Net cash used for financing activities (9,036) (4,647) (3,047)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (66) (1) (9)
Changes in cash, cash equivalents and restricted cash      
Net increase (decrease) in cash, cash equivalents, and restricted cash 525 (460) 232
Cash, cash equivalents and restricted cash at beginning of period 746 1,207 975
Cash, cash equivalents and restricted cash at end of period $ 1,270 $ 746 $ 1,207