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Derivative Instruments (Tables)
3 Months Ended
Nov. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
Notional or Contractual AmountFair Value of
Assets(1)
Liabilities(2)
As of November 30, 2023
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$4,057 $34 $(139)
Cash flow commodity hedges310 25 (2)
Fair value interest rate hedges900 — (101)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
1,860 23 (20)
$82 $(262)
As of August 31, 2023
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$3,873 $16 $(180)
    Cash flow commodity hedges331 45 — 
    Fair value interest rate hedges900 — (100)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
1,839 (17)
$63 $(297)
(1)Included in receivables and other noncurrent assets.
(2)Included in accounts payable and accrued expenses and other noncurrent liabilities.