Restructuring, Severance and Related Charges (Tables)

12 Months Ended

Aug. 31, 2021

Restructuring and Related Activities [Abstract]

Summary of Restructuring and Related Charges

Following is a summary of the Company’s restructuring, severance and related charges (in millions):

	Fiscal Year Ended August 31,
	2021(1)		2020(1)		2019(2)
Employee severance and benefit costs	$	5	$	94	$	16
Lease costs	(1)		8		—
Asset write-off costs	5		33		(4)
Other costs	1		22		14
Total restructuring, severance and related charges(3)	$	10	$	157	$	26

(1)As the Company continued to optimize its cost structure and improve operational efficiencies, $57 million of employee severance and benefit costs was incurred in connection with a reduction in the worldwide workforce during the fiscal year ended August 31, 2020. The remaining amount primarily relates to the 2020 Restructuring Plan, which was complete as of August 31, 2021.

(2)Primarily relates to the 2017 Restructuring Plan, which was complete as of August 31, 2019.

(3)Includes $0 million, $62 million and $21 million recorded in the EMS segment, $9 million, $76 million and $3 million recorded in the DMS segment and $1 million, $19 million and $2 million of non-allocated charges for the fiscal years ended August 31, 2021, 2020 and 2019, respectively. Except for asset write-off costs, all restructuring, severance and related charges are cash costs.

Summary of Liability Activity Associated with Restructuring Plan

The tables below summarizes the Company’s liability activity (in millions):

	Employee Severance and Benefit Costs		Lease Costs		Asset Write-off Costs		Other Related Costs		Total
Balance as of August 31, 2019(1)	$	3	$	2	$	—	$	1	$	6
Restructuring related charges	37		8		33		1		79
Asset write-off charge and other non-cash activity	(1)		(6)		(33)		—		(40)
Cash payments	(31)		(2)		—		(1)		(34)
Balance as of August 31, 2020(2)	8		2		—		1		11
Restructuring related charges	4		(1)		5		1		9
Asset write-off charge and other non-cash activity	—		1		(5)		—		(4)
Cash payments	(8)		—		—		(1)		(9)
Balance as of August 31, 2021(2)	$	4	$	2	$	—	$	1	$	7

(1)Balance as of August 31, 2019 primarily relates to the 2017 Restructuring Plan.

(2)Balance as of August 31, 2020 and 2021 primarily relates to the 2020 Restructuring Plan.