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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Income Statement [Abstract]        
Net revenue $ 8,328 $ 7,215 $ 24,448 $ 21,876
Cost of revenue 7,709 6,647 22,545 20,104
Gross profit 619 568 1,903 1,772
Operating expenses:        
Selling, general and administrative 282 305 870 914
Research and development 8 10 25 27
Amortization of intangibles 8 12 24 35
Restructuring, severance and related charges 0 1 0 6
Operating income 321 240 984 790
Loss on debt extinguishment 4 0 4 0
Gain on securities 0 (2) 0 (2)
Other expense (income) 1 (4) (2) (7)
Interest income (1) (1) (2) (5)
Interest expense 39 34 105 97
Income before income tax 278 213 879 707
Income tax expense 60 43 198 184
Net income 218 170 681 523
Net income attributable to noncontrolling interests, net of tax 0 1 0 2
Net income attributable to Jabil Inc. $ 218 $ 169 $ 681 $ 521
Earnings per share attributable to the stockholders of Jabil Inc.:        
Basic (in usd per share) $ 1.55 $ 1.14 $ 4.77 $ 3.49
Diluted (in usd per share) $ 1.52 $ 1.12 $ 4.67 $ 3.41
Weighted average shares outstanding:        
Basic (in shares) 140.4 148.1 142.6 149.5
Diluted (in shares) 143.3 152.0 145.8 152.8