Accrued Expenses

3 Months Ended

Nov. 30, 2019

Accrued Liabilities, Current [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	November 30, 2019		August 31, 2019
Contract liabilities(1)	$	488,337	$	511,329
Accrued compensation and employee benefits	650,820		600,907
Other accrued expenses	2,028,794		1,877,908
Accrued expenses	$	3,167,951	$	2,990,144

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Revenue recognized during the three months ended November 30, 2019 that was included in the contract liability balance as of September 1, 2019 was $101.4 million.