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Asset-Backed Securitization Program (Tables)
 9 Months Ended
May 31, 2024
Transfers and Servicing [Abstract]  
Schedule of Asset-backed Securitization Programs Amounts Recognized
In connection with the asset-backed securitization program, the Company recognized the following (in millions):
Three months endedNine months ended
May 31, 2024May 31, 2023May 31, 2024May 31, 2023
Trade accounts receivable sold(1)
$1,006 $1,007 $2,965 $3,071 
Cash proceeds received(2)
$994 $996 $2,931 $3,043 
Pre-tax losses on sale of receivables(3)
$12 $11 $34 $28 
(1)Receivables sold are excluded from accounts receivable on the Condensed Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows.
(2)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.
(3)Recorded to other expense within the Condensed Consolidated Statements of Operations.