CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 31, 2022	Aug. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,070	$ 1,567
Accounts receivable, net of allowance for doubtful accounts	3,193	3,141
Contract assets	1,276	998
Inventories, net	5,981	4,414
Prepaid expenses and other current assets	952	757
Total current assets	12,472	10,877
#REF!	3,894	4,075
Operating lease right-of-use asset	481	390
Goodwill	711	715
#REF!	167	182
Deferred income taxes	174	176
Other assets	272	239
Total assets	18,171	16,654
Current liabilities:
Current installments of notes payable and long-term debt	1	0
Accounts payable	7,082	6,841
Accrued expenses	4,744	3,734
Current operating lease liabilities	115	108
Total current liabilities	11,942	10,683
Notes payable and long-term debt, less current installments	2,874	2,878
Other liabilities	289	334
Non-current operating lease liabilities	405	333
Income tax liabilities	190	178
Deferred income taxes	114	111
Total liabilities	15,814	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
#REF!	0	0
Additional paid-in capital	2,622	2,533
Retained earnings	3,333	2,688
Accumulated other comprehensive loss	(20)	(25)
#REF!	(3,579)	(3,060)
Total Jabil Inc. stockholders’ equity	2,356	2,136
Noncontrolling interests	1	1
Total equity	2,357	2,137
Total liabilities and equity	$ 18,171	$ 16,654