Restructuring, Severance and Related Charges (Tables)

12 Months Ended

Aug. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring, Severance and Related Charges

Following is a summary of the Company’s restructuring, severance and related charges (in millions):

	Fiscal Year Ended August 31,
	2023(1)		2022(1)		2021(2)
Employee severance and benefit costs	$	48	$	18	$	5
Lease costs	—		—		(1)
Asset write-off costs	5		—		5
Other costs	4		—		1
Total restructuring, severance and related charges(3)	$	57	$	18	$	10

(1)Primarily relates to headcount reduction to further optimize the Company’s business activities.

(2)The 2020 Restructuring Plan, totaling $86 million in restructuring and other related costs, was complete as of August 31, 2021.

(3)Includes $10 million, $1 million and $0 million recorded in the EMS segment, $35 million, $10 million and $9 million recorded in the DMS segment and $12 million, $7 million and $1 million of non-allocated charges for the fiscal years ended August 31, 2023, 2022 and 2021, respectively. Except for asset write-off costs, all restructuring, severance and related charges are cash costs.