CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 28, 2022	Aug. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,093	$ 1,567
Accounts receivable, net of allowance for doubtful accounts	3,229	3,141
Contract assets	1,236	998
Inventories, net	5,395	4,414
Prepaid expenses and other current assets	914	757
Total current assets	11,867	10,877
Property, plant and equipment, net of accumulated depreciation of $5,328 as of February 28, 2022 and $5,033 as of August 31, 2021	3,784	4,075
Operating lease right-of-use asset	470	390
Goodwill	719	715
Intangible assets, net of accumulated amortization of $457 as of February 28, 2022 and $442 as of August 31, 2021	176	182
Deferred income taxes	167	176
Other assets	247	239
Total assets	17,430	16,654
Current liabilities:
Current installments of notes payable and long-term debt	501	0
Accounts payable	6,868	6,841
Accrued expenses	4,231	3,734
Current operating lease liabilities	114	108
Total current liabilities	11,714	10,683
Notes payable and long-term debt, less current installments	2,380	2,878
Other liabilities	302	334
Non-current operating lease liabilities	401	333
Income tax liabilities	176	178
Deferred income taxes	119	111
Total liabilities	15,092	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; 270,392,290 and 267,418,092 shares issued and 142,392,135 and 144,496,077 shares outstanding as of February 28, 2022 and August 31, 2021, respectively	0	0
Additional paid-in capital	2,608	2,533
Retained earnings	3,127	2,688
Accumulated other comprehensive loss	(22)	(25)
Treasury stock at cost, 128,000,155 and 122,922,015 shares as of February 28, 2022 and August 31, 2021, respectively	(3,376)	(3,060)
Total Jabil Inc. stockholders’ equity	2,337	2,136
Noncontrolling interests	1	1
Total equity	2,338	2,137
Total liabilities and equity	$ 17,430	$ 16,654