XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 29, 2024
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,566 $ 1,804
Accounts receivable, net of allowance for credit losses 2,648 3,647
Contract assets 1,086 1,035
Inventories, net of reserve for excess and obsolete inventory 4,821 5,206
Prepaid expenses and other current assets 1,349 1,109
Assets held for sale 0 1,929
Total current assets 12,470 14,730
Property, plant and equipment, net of accumulated depreciation of $4,655 as of February 29, 2024 and $4,512 as of August 31, 2023 3,045 3,137
Operating lease right-of-use asset 363 367
Goodwill 656 621
Intangible assets, net of accumulated amortization 167 142
Deferred income taxes 131 159
Other assets 291 268
Total assets 17,123 19,424
Current liabilities:    
Current installments of notes payable and long-term debt 0 0
Accounts payable 5,041 5,679
Accrued expenses 5,548 5,515
Current operating lease liabilities 102 104
Liabilities held for sale 0 1,397
Total current liabilities 10,691 12,695
Notes payable and long-term debt, less current installments 2,878 2,875
Other liabilities 374 319
Non-current operating lease liabilities 272 269
Income tax liabilities 110 131
Deferred income taxes 140 268
Total liabilities 14,465 16,557
Commitments and contingencies
Jabil Inc. stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding 0 0
Common stock, $0.001 par value, authorized 500,000,000 shares; 276,057,643 and 273,949,811 shares issued and 122,440,607 and 131,294,422 shares outstanding as of February 29, 2024 and August 31, 2023, respectively 0 0
Additional paid-in capital 2,877 2,795
Retained earnings 5,512 4,412
Accumulated other comprehensive loss (17) (17)
Treasury stock at cost, 153,617,036 and 142,655,389 shares as of February 29, 2024 and August 31, 2023, respectively (5,714) (4,324)
Total Jabil Inc. stockholders’ equity 2,658 2,866
Noncontrolling interests 0 1
Total equity 2,658 2,867
Total liabilities and equity $ 17,123 $ 19,424