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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
May 31, 2023
May 31, 2022
May 31, 2023
May 31, 2022
Income Statement [Abstract]        
Net revenue $ 8,475 $ 8,328 $ 26,244 $ 24,448
Cost of revenue 7,778 7,709 24,143 22,545
Gross profit 697 619 2,101 1,903
Operating expenses:        
Selling, general and administrative 307 282 911 870
Research and development 8 8 25 25
Amortization of intangibles 7 8 24 24
Restructuring, severance and related charges 0 0 45 0
Operating income 375 321 1,096 984
Loss on debt extinguishment 0 4 0 4
Other expense (income) 18 1 50 (2)
Interest income (32) (1) (62) (2)
Interest expense 83 39 216 105
Income before income tax 306 278 892 879
Income tax expense 73 60 229 198
Net income 233 218 663 681
Net income attributable to noncontrolling interests, net of tax 0 0 0 0
Net income attributable to Jabil Inc. $ 233 $ 218 $ 663 $ 681
Earnings per share attributable to the stockholders of Jabil Inc.:        
Basic (in usd per share) $ 1.76 $ 1.55 $ 4.96 $ 4.77
Diluted (in usd per share) $ 1.72 $ 1.52 $ 4.86 $ 4.67
Weighted average shares outstanding:        
Basic (in shares) 132.3 140.4 133.6 142.6
Diluted (in shares) 135.1 143.3 136.4 145.8