Inventories (Tables)

3 Months Ended

Nov. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consist of the following (in millions):

	November 30, 2023		August 31, 2023
Raw materials	$	4,733	$	4,804
Work in process	241		217
Finished goods	205		243
Reserve for excess and obsolete inventory	(55)		(58)
Inventories, net(1)	$	5,124	$	5,206

(1)Excludes $354 million and $559 million of inventories, net classified as held for sale as of November 30, 2023 and August 31, 2023, respectively. See Note 15 – “Business Acquisitions and Divestitures” for additional information.