XML 35 R8.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
Cash flows from operating activities:      
Net earnings (loss) $ (3,528) $ 4,065 $ 2,512
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation and amortization 2,257 1,990 1,973
Deferred income taxes (2,371) (366) 233
Stock compensation expense 385 391 155
(Earnings) loss from equity method investments (286) (468) 498
Impairment of intangibles and long-lived assets 1,293 1,214 248
Loss on early extinguishment of debt 0 6 414
Gain on previously held investment interests 0 (2,576) 0
Gain on sale of equity method investments (1,855) (559) (321)
Gain on sale-leaseback transactions (925) (619) (367)
Other (157) 326 (218)
Changes in operating assets and liabilities:      
Accounts receivable, net 72 808 (1,451)
Inventories 287 (433) 165
Other current assets (188) (72) (46)
Trade accounts payable 1,243 244 842
Accrued expenses and other liabilities (561) (138) 1,046
Income taxes 441 (51) 160
Accrued litigation obligations 6,378 0 0
Other non-current assets and liabilities (228) 137 (288)
Net cash provided by operating activities 2,258 3,899 5,555
Cash flows from investing activities:      
Additions to property, plant and equipment (2,117) (1,734) (1,379)
Proceeds from sale-leaseback transactions 1,767 1,308 856
Proceeds from sale of business, net of cash disposed 0 0 5,527
Proceeds from sale of other assets 4,495 1,334 453
Business, investment and asset acquisitions, net of cash acquired (7,313) (2,189) (1,431)
Other 75 216 46
Net cash (used for) provided by investing activities (3,094) (1,064) 4,072
Cash flows from financing activities:      
Net change in short-term debt with maturities of 3 months or less (1) (11) (909)
Proceeds from debt 6,276 11,958 12,726
Payments of debt (8,978) (8,360) (15,257)
Acquisition of non-controlling interests (1,316) (2,108) 0
Proceeds from issuance of non-controlling interests 2,725 0 0
Proceeds from variable prepaid forward 2,568 0 0
Treasury stock purchases (150) (187) (110)
Proceeds related to employee stock plans, net 45 27 59
Cash dividends paid (1,659) (1,659) (1,617)
Early debt extinguishment 0 (1,591) (3,687)
Other (396) 432 (241)
Net cash used for financing activities (887) (1,499) (9,036)
Effect of exchange rate changes on cash, cash equivalents, marketable securities and restricted cash 20 (47) (66)
Changes in cash, cash equivalents, marketable securities and restricted cash      
Net (decrease) increase in cash, cash equivalents, marketable securities and restricted cash (1,702) 1,288 525
Cash, cash equivalents, marketable securities and restricted cash at beginning of period 2,558 1,270 746
Cash, cash equivalents, marketable securities and restricted cash at end of period $ 856 $ 2,558 $ 1,270