Accrued Expenses (Tables)

3 Months Ended

Nov. 30, 2022

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Expenses

Accrued expenses consist of the following (in millions):

	November 30, 2022		August 31, 2022
Inventory deposits	$	1,690	$	1,586
Contract liabilities(1)	1,070		796
Accrued compensation and employee benefits	798		806
Other accrued expenses	2,343		2,084
Accrued expenses	$	5,901	$	5,272

(1)Revenue recognized during the three months ended November 30, 2022 and 2021 that was included in the contract liability balance as of August 31, 2022 and 2021 was $139 million and $98 million, respectively.