Discontinued operations (Tables)

3 Months Ended

Nov. 30, 2021

Discontinued Operations and Disposal Groups [Abstract]

Schedules of Discontinued Operations

Results of discontinued operations were as follows (in millions):

	Three months ended November 30, 2020
Sales	$	5,327
Cost of sales	4,818
Gross profit	509
Selling, general and administrative expense	415
Operating income from discontinued operations	94
Other expense	(2)
Interest expense, net	(4)
Earnings before income tax – discontinued operations	88
Income tax provision	8
Post tax earnings from other equity method investments	7
Net earnings from discontinued operations	$	87

Sales from the Disposal Group to the Company's continuing operations are not eliminated and aggregate to (in millions):

	Three months ended November 30, 2020
Sales	$	458

Cash flows from operating and investing activities for discontinued operations are (in millions):

	Three months ended November 30, 2020
Cash used in operating activities - discontinued operations	$	(45)
Cash used for investing activities - discontinued operations	(19)