CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2021	Aug. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,229	$ 1,567
Accounts receivable, net of allowance for doubtful accounts	3,917	3,141
Contract assets	1,133	998
Inventories, net	4,681	4,414
Prepaid expenses and other current assets	852	757
Total current assets	11,812	10,877
Property, plant and equipment, net of accumulated depreciation of $5,189 as of November 30, 2021 and $5,033 as of August 31, 2021	3,976	4,075
Operating lease right-of-use asset	470	390
Goodwill	713	715
Intangible assets, net of accumulated amortization of $449 as of November 30, 2021 and $442 as of August 31, 2021	173	182
Deferred income taxes	176	176
Other assets	268	239
Total assets	17,588	16,654
Current liabilities:
Current installments of notes payable and long-term debt	500	0
Accounts payable	7,483	6,841
Accrued expenses	3,871	3,734
Current operating lease liabilities	111	108
Total current liabilities	11,965	10,683
Notes payable and long-term debt, less current installments	2,379	2,878
Other liabilities	332	334
Non-current operating lease liabilities	403	333
Income tax liabilities	189	178
Deferred income taxes	113	111
Total liabilities	15,381	14,517
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; 269,843,564 and 267,418,092 shares issued and 144,166,009 and 144,496,077 shares outstanding as of November 30, 2021 and August 31, 2021, respectively	0	0
Additional paid-in capital	2,567	2,533
Retained earnings	2,917	2,688
Accumulated other comprehensive loss	(48)	(25)
Treasury stock at cost, 125,677,555 and 122,922,015 shares as of November 30, 2021 and August 31, 2021, respectively	(3,230)	(3,060)
Total Jabil Inc. stockholders’ equity	2,206	2,136
Noncontrolling interests	1	1
Total equity	2,207	2,137
Total liabilities and equity	$ 17,588	$ 16,654