XML 46 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Trade Accounts Receivable Sale Programs (Tables)
 12 Months Ended
Aug. 31, 2021
Transfers and Servicing [Abstract]  
Schedule of Trade Accounts Receivable Sale Programs Key Terms The following is a summary of the trade accounts receivable sale programs with unaffiliated financial institutions where the Company may elect to sell receivables and the unaffiliated financial institution may elect to purchase, at a discount, on an
ongoing basis:
Program
Maximum
Amount
(in millions)(1)
 Type of
Facility		 Expiration
Date
A $ 600  Uncommitted December 5, 2021 (2)
B $ 150  Uncommitted November 30, 2021
C 400  CNY Uncommitted August 31, 2023
D $ 150  Uncommitted May 4, 2023 (3)
E $ 150  Uncommitted January 25, 2022 (4)
F $ 50  Uncommitted February 23, 2023 (5)
G $ 100  Uncommitted August 10, 2022 (6)
H $ 100  Uncommitted July 21, 2022 (7)
I $ 550  Uncommitted December 4, 2021 (8)
J $ 135  Uncommitted April 11, 2022 (9)
K 100  CHF Uncommitted December 5, 2021 (2)
L $ 90  Uncommitted January 23, 2022
(1)Maximum amount of trade accounts receivable that may be sold under a facility at any one time.
(2)The program will be automatically extended through December 5, 2025 unless either party provides 30 days notice of termination.
(3)Any party may elect to terminate the agreement upon 30 days prior notice.
(4)The program will be automatically extended through January 25, 2023 unless either party provides 30 days notice of termination.
(5)Any party may elect to terminate the agreement upon 15 days prior notice.
(6)The program will be automatically extended through August 10, 2023 unless either party provides 30 days notice of termination.
(7)The program will be automatically extended through August 21, 2023 unless either party provides 30 days notice of termination.
(8)The program will be automatically extended through December 5, 2024 unless either party provides 30 days notice of termination.
(9)The program will be automatically extended through April 11, 2025 unless either party provides 30 days notice of termination.
Schedule of Trade Accounts Receivable Sale Programs Amounts Recognized
In connection with the trade accounts receivable sale programs, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
2021 2020 2019
Trade accounts receivable sold $ 4,654  $ 8,457  $ 6,751 
Cash proceeds received $ 4,651  $ 8,440  $ 6,723 
Pre-tax losses on sale of receivables(1)
 $ 3  $ 17  $ 28 
(1)Recorded to other expense within the Consolidated Statements of Operations.