Trade Accounts Receivable Sale Programs (Tables)

3 Months Ended

Nov. 30, 2021

Transfers and Servicing [Abstract]

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):

	Three months ended
	November 30, 2021		November 30, 2020
Trade accounts receivable sold(1)	$	1,968	$	1,256
Cash proceeds received	$	1,967	$	1,255
Pre-tax losses on sale of receivables(2)	$	1	$	1

(1)Receivables sold are excluded from accounts receivable on the Condensed Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows.

(2)Recorded to other expense within the Condensed Consolidated Statement of Operations.