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Equity method investments (Tables)
12 Months Ended
Aug. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Equity method investment Equity method investments as of August 31, 2022 and 2021 were as follows (in millions, except percentages):
 20222021
 Carrying valueOwnership percentageCarrying valueOwnership percentage
AmerisourceBergen$3,916 25%$4,407 28%
Others1,579 
8% - 50%
2,580 
8% - 50%
Total$5,495  $6,987  
Summarized financial information of equity method investees
Summarized financial information for the Company’s equity method investments in aggregate is as follows:

Balance sheet (in millions)
 August 31,
20222021
Current assets$50,985 $49,538 
Non-current assets26,497 27,442 
Current liabilities52,083 48,766 
Non-current liabilities19,712 22,046 
Shareholders’ equity 1
5,687 6,168 

1Shareholders’ equity at August 31, 2022 and 2021 includes $564 million and $646 million, respectively, related to non-controlling interests.
Statements of earnings (in millions)
202220212020
Sales$268,189 $232,719 $208,625 
Gross profit13,248 10,889 8,707 
Net earnings (loss)1,988 (3,475)1,624 
Share of earnings (loss) from equity method investments468 (512)372