Discontinued operations (Tables)

6 Months Ended

Feb. 28, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedules of Discontinued Operations

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

	Three months ended February 28, 2021		Six months ended February 28, 2021
Sales	$	5,243	$	10,570
Cost of sales	4,713		9,530
Gross profit	530		1,039
Selling, general and administrative expense	401		816
Operating income from discontinued operations	129		223
Other expense	(9)		(15)
Earnings before income tax – discontinued operations	120		208
Income tax provision	16		24
Post tax earnings from other equity method investments	3		10
Net earnings from discontinued operations	$	107	$	194

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

	Three months ended February 28, 2021		Six months ended February 28, 2021
Sales	$	456	$	914

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

	Six months ended February 28, 2021
Cash used for operating activities - discontinued operations	$	(138)
Cash used for investing activities - discontinued operations	$	(31)