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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Cash flows provided by operating activities:    
Net income $ 194 $ 223
Depreciation, amortization, and other, net 206 263
Change in operating assets and liabilities, exclusive of net assets acquired 48 (320)
Net cash provided by operating activities 448 166
Cash flows used in investing activities:    
Acquisition of property, plant and equipment (288) (314)
Proceeds and advances from sale of property, plant and equipment 13 150
Cash paid for business and intangible asset acquisitions, net of cash (59) 0
Proceeds from the divestiture of businesses 258 0
Other, net 1 (12)
Net cash used in investing activities (75) (176)
Cash flows used in financing activities:    
Borrowings under debt agreements 395 1,026
Payments toward debt agreements (436) (1,061)
Payments to acquire treasury stock (500) (161)
Dividends paid to stockholders (12) (12)
Treasury stock minimum tax withholding related to vesting of restricted stock (67) (33)
Net cash used in financing activities (620) (241)
Effect of exchange rate changes on cash and cash equivalents (7) (10)
Net decrease in cash and cash equivalents (254) (261)
Cash and cash equivalents at beginning of period 1,804 1,478
Cash and cash equivalents at end of period $ 1,550 $ 1,217