XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Income Statement [Abstract]        
Net revenue $ 6,767 $ 8,134 $ 15,154 $ 17,769
Cost of revenue 6,137 7,473 13,749 16,365
Gross profit 630 661 1,405 1,404
Operating expenses:        
Selling, general and administrative 308 285 622 604
Research and development 10 8 20 17
Amortization of intangibles 9 9 15 17
Restructuring, severance and related charges 70 0 197 45
Gain from the divestiture of businesses (944) 0 (944) 0
Acquisition and divestiture related charges 46 0 61 0
Operating income 1,131 359 1,434 721
Other expense 22 17 43 32
Interest expense, net 47 55 94 103
Income before income tax 1,062 287 1,297 586
Income tax expense 135 80 176 156
Net income 927 207 1,121 430
Net income attributable to noncontrolling interests, net of tax 0 0 0 0
Net income attributable to Jabil Inc. $ 927 $ 207 $ 1,121 $ 430
Earnings per share attributable to the stockholders of Jabil Inc.:        
Basic (in usd per share) $ 7.41 $ 1.55 $ 8.80 $ 3.21
Diluted (in usd per share) $ 7.31 $ 1.52 $ 8.66 $ 3.14
Weighted average shares outstanding:        
Basic (in shares) 125.2 133.6 127.4 134.2
Diluted (in shares) 126.9 136.3 129.5 137.1