Accrued Expenses (Tables)

9 Months Ended

May 31, 2021

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Expenses

Accrued expenses consist of the following (in thousands):

	May 31, 2021		August 31, 2020
Contract liabilities(1)	$	512,131	$	496,219
Accrued compensation and employee benefits	762,551		703,250
Other accrued expenses	2,215,798		2,012,059
Accrued expenses	$	3,490,480	$	3,211,528

(1)Revenue recognized during the nine months ended May 31, 2021 and 2020 that was included in the contract liability balance as of August 31, 2020 and 2019 was $306.0 million and $260.9 million, respectively.