Inventories (Tables)

12 Months Ended

Aug. 31, 2023

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consist of the following (in millions):

	August 31, 2023(1)		August 31, 2022
Raw materials	$	4,804	$	4,918
Work in process	217		687
Finished goods	243		605
Reserve for excess and obsolete inventory	(58)		(82)
Inventories, net	$	5,206	$	6,128

(1)Excludes $559 million of inventories, net classified as held for sale. See Note 16 – “Business Acquisitions and Divestitures” for additional information.