CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2020	Aug. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,393,557	$ 1,163,343
Accounts receivable, net of allowance for doubtful accounts	2,847,743	2,745,226
Contract assets	1,104,700	911,940
Inventories, net of reserve for excess and obsolete inventory	3,131,783	3,023,003
Prepaid expenses and other current assets	657,102	501,573
Total current assets	9,134,885	8,345,085
Property, plant and equipment, net of accumulated depreciation	3,665,312	3,333,750
Operating lease right-of-use asset	362,847
Goodwill	696,853	622,255
Intangible assets, net of accumulated amortization	209,870	256,853
Deferred income taxes	165,407	198,827
Other assets	162,242	213,705
Total assets	14,397,416	12,970,475
Current liabilities:
Current installments of notes payable and long-term debt	50,194	375,181
Accounts payable	5,687,038	5,166,780
Accrued expenses	3,211,528	2,990,144
Current operating lease liabilities	110,723
Total current liabilities	9,059,483	8,532,105
Notes payable and long-term debt, less current installments	2,678,288	2,121,284
Other liabilities	268,925	163,821
Non-current operating lease liabilities	302,035
Income tax liabilities	148,629	136,689
Deferred income taxes	114,657	115,818
Total liabilities	12,572,017	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 outstanding	0	0
Common stock, $0.001 par value, authorized 500,000,000 shares; 263,830,270 and 260,406,796 shares issued and 150,330,358 and 153,520,380 shares outstanding at August 31, 2020 and August 31, 2019, respectively	264	260
Additional paid-in capital	2,413,616	2,304,552
Retained earnings	2,040,922	2,037,037
Accumulated other comprehensive loss	(34,168)	(82,794)
Treasury stock at cost, 113,499,912 and 106,886,416 shares as of August 31, 2020 and August 31, 2019, respectively	(2,609,250)	(2,371,612)
Total Jabil Inc. stockholders’ equity	1,811,384	1,887,443
Noncontrolling interests	14,015	13,315
Total equity	1,825,399	1,900,758
Total liabilities and equity	$ 14,397,416	$ 12,970,475