CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2022	Aug. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,217	$ 1,478
Accounts receivable, net of allowance for credit losses	4,498	3,995
Contract assets	1,282	1,196
Inventories, net	6,429	6,128
Prepaid expenses and other current assets	1,252	1,111
Total current assets	14,678	13,908
Property, plant and equipment, net of accumulated depreciation of $5,812 as of November 30, 2022 and $5,624 as of August 31, 2022	3,928	3,954
Operating lease right-of-use asset	524	500
Goodwill	708	704
Intangible assets, net of accumulated amortization of $480 as of November 30, 2022 and $471 as of August 31, 2022	150	158
Deferred income taxes	208	199
Other assets	310	294
Total assets	20,506	19,717
Current liabilities:
Current installments of notes payable and long-term debt	300	300
Accounts payable	8,042	8,006
Accrued expenses	5,901	5,272
Current operating lease liabilities	129	119
Total current liabilities	14,372	13,697
Notes payable and long-term debt, less current installments	2,576	2,575
Other liabilities	292	272
Non-current operating lease liabilities	421	417
Income tax liabilities	196	182
Deferred income taxes	119	122
Total liabilities	17,976	17,265
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; 272,753,393 and 270,891,715 shares issued and 134,231,300 and 135,493,980 shares outstanding as of November 30, 2022 and August 31, 2022, respectively	0	0
Additional paid-in capital	2,696	2,655
Retained earnings	3,849	3,638
Accumulated other comprehensive loss	(22)	(42)
Treasury stock at cost, 138,522,093 and 135,397,735 shares as of November 30, 2022 and August 31, 2022, respectively	(3,994)	(3,800)
Total Jabil Inc. stockholders’ equity	2,529	2,451
Noncontrolling interests	1	1
Total equity	2,530	2,452
Total liabilities and equity	$ 20,506	$ 19,717