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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 28, 2021
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 838,099 $ 1,393,557
Accounts receivable, net of allowance for doubtful accounts of $26,916 as of February 28, 2021 and $25,827 as of August 31, 2020 3,062,742 2,847,743
Contract assets 993,363 1,104,700
Inventories, net 3,558,970 3,131,783
Prepaid expenses and other current assets 690,479 657,102
Total current assets 9,143,653 9,134,885
Property, plant and equipment, net of accumulated depreciation of $4,762,227 as of February 28, 2021 and $4,525,758 as of August 31, 2020 3,696,373 3,665,312
Operating lease right-of-use asset 365,043 362,847
Goodwill 717,660 696,853
Intangible assets, net of accumulated amortization of $418,635 as of February 28, 2021 and $395,074 as of August 31, 2020 206,389 209,870
Deferred income taxes 154,706 165,407
Other assets 210,339 162,242
Total assets 14,494,163 14,397,416
Current liabilities:    
Current installments of notes payable and long-term debt 50,197 50,194
Accounts payable 5,644,359 5,687,038
Accrued expenses 3,037,158 3,211,528
Current operating lease liabilities 110,663 110,723
Total current liabilities 8,842,377 9,059,483
Notes payable and long-term debt, less current installments 2,679,819 2,678,288
Other liabilities 305,410 268,925
Non-current operating lease liabilities 306,044 302,035
Income tax liabilities 161,416 148,629
Deferred income taxes 97,155 114,657
Total liabilities 12,392,221 12,572,017
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; 266,842,954 and 263,830,270 shares issued and 149,366,501 and 150,330,358 shares outstanding as of February 28, 2021 and August 31, 2020, respectively 267 264
Additional paid-in capital 2,488,366 2,413,616
Retained earnings 2,368,012 2,040,922
Accumulated other comprehensive loss (4,270) (34,168)
Treasury stock at cost, 117,476,453 and 113,499,912 shares as of February 28, 2021 and August 31, 2020, respectively (2,763,214) (2,609,250)
Total Jabil Inc. stockholders’ equity 2,089,161 1,811,384
Noncontrolling interests 12,781 14,015
Total equity 2,101,942 1,825,399
Total liabilities and equity $ 14,494,163 $ 14,397,416