CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2020	Aug. 31, 2019
Current assets:
Cash and cash equivalents	$ 763,337	$ 1,163,343
Accounts receivable, net of allowance for doubtful accounts of $32,239 as of May 31, 2020 and $17,221 as of August 31, 2019	2,579,803	2,745,226
Contract assets	1,086,035	911,940
Inventories, net	3,283,701	3,023,003
Prepaid expenses and other current assets	553,416	501,573
Total current assets	8,266,292	8,345,085
Property, plant and equipment, net of accumulated depreciation of $4,452,228 as of May 31, 2020 and $4,110,496 as of August 31, 2019	3,485,669	3,333,750
Operating lease right-of-use asset	377,540
Goodwill	700,735	622,255
Intangible assets, net of accumulated amortization of $380,850 as of May 31, 2020 and $337,841 as of August 31, 2019	221,510	256,853
Deferred income taxes	173,008	198,827
Other assets	166,122	213,705
Total assets	13,390,876	12,970,475
Current liabilities:
Current installments of notes payable and long-term debt	399,737	375,181
Accounts payable	5,019,286	5,166,780
Accrued expenses	3,246,977	2,990,144
Current operating lease liabilities	102,284
Total current liabilities	8,768,284	8,532,105
Notes payable and long-term debt, less current installments	2,087,593	2,121,284
Other liabilities	321,065	163,821
Non-current operating lease liabilities	311,939
Income tax liabilities	143,368	136,689
Deferred income taxes	113,323	115,818
Total liabilities	11,745,572	11,069,717
Commitments and contingencies
Jabil Inc. stockholders’ equity:
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding	0	0
Common stock, $0.001 par value, authorized 500,000,000 shares; 263,312,358 and 260,406,796 shares issued and 150,574,036 and 153,520,380 shares outstanding as of May 31, 2020 and August 31, 2019, respectively	263	260
Additional paid-in capital	2,380,094	2,304,552
Retained earnings	1,985,546	2,037,037
Accumulated other comprehensive loss	(149,403)	(82,794)
Treasury stock at cost, 112,738,322 and 106,886,416 shares as of May 31, 2020 and August 31, 2019, respectively	(2,584,198)	(2,371,612)
Total Jabil Inc. stockholders’ equity	1,632,302	1,887,443
Noncontrolling interests	13,002	13,315
Total equity	1,645,304	1,900,758
Total liabilities and equity	$ 13,390,876	$ 12,970,475