XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
May 31, 2023
May 31, 2022
Cash flows from operating activities:    
Net (loss) earnings $ (3,320) $ 4,566
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Depreciation and amortization 1,652 1,502
Deferred income taxes (2,098) (168)
Stock compensation expense 348 266
Earnings from equity method investments (206) (359)
Loss on early extinguishment of debt 0 4
Gain on previously held investment interests 0 (2,576)
Gain on sale of equity method investments (1,691) (421)
Gain on sale-leaseback transactions (825) (410)
Impairment of intangible assets 431 0
Impairment of equity method investments and investments in debt and equity securities 16 233
Other 269 211
Changes in operating assets and liabilities:    
Accounts receivable, net (411) 725
Inventories 326 (510)
Other current assets (184) (58)
Trade accounts payable 627 767
Accrued expenses and other liabilities (588) (362)
Income taxes 216 82
Accrued litigation obligations 6,835 0
Other non-current assets and liabilities (179) 320
Net cash provided by operating activities 1,219 3,813
Cash flows from investing activities:    
Additions to property, plant and equipment (1,633) (1,241)
Proceeds from sale-leaseback transactions 1,549 809
Proceeds from sale of other assets 3,798 976
Business, investment and asset acquisitions, net of cash acquired (7,072) (2,040)
Other 110 233
Net cash used for investing activities (3,249) (1,262)
Cash flows from financing activities:    
Net change in short-term debt with maturities of 3 months or less 147 (10)
Proceeds from debt 5,240 11,944
Payments of debt (5,232) (7,350)
Acquisition of non-controlling interests (1,316) (2,108)
Proceeds from issuance of non-controlling interests 2,735 0
Proceeds from variable prepaid forward 644 0
Stock purchases (150) (187)
Proceeds related to employee stock plans, net 34 13
Cash dividends paid (1,244) (1,251)
Early debt extinguishment 0 (458)
Other (286) 160
Net cash provided by financing activities 573 753
Effect of exchange rate changes on cash, cash equivalents, marketable securities and restricted cash 17 (33)
Changes in cash, cash equivalents, marketable securities and restricted cash:    
Net (decrease) increase in cash, cash equivalents, marketable securities and restricted cash (1,441) 3,270
Cash, cash equivalents, marketable securities and restricted cash at beginning of period 2,558 1,270
Cash, cash equivalents, marketable securities and restricted cash at end of period $ 1,117 $ 4,541