Accrued Expenses

12 Months Ended

Aug. 31, 2019

Accrued Liabilities, Current [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	August 31, 2019		August 31, 2018
Contract liabilities	$	511,329	$	—
Deferred income	—		691,365
Accrued compensation and employee benefits	600,907		570,400
Obligation associated with securitization programs	475,251		—
Other accrued expenses	1,402,657		1,000,979
Accrued expenses	$	2,990,144	$	2,262,744