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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
May 31, 2024
May 31, 2023
Cash flows provided by operating activities:    
Net income $ 1,250 $ 663
Depreciation, amortization, and other, net 557 752
Gain from the divestiture of businesses (944) 0
Change in operating assets and liabilities, exclusive of net assets acquired 318 (367)
Net cash provided by operating activities 1,181 1,048
Cash flows provided by (used in) investing activities:    
Acquisition of property, plant and equipment (660) (860)
Proceeds and advances from sale of property, plant and equipment 115 180
Cash paid for business and intangible asset acquisitions, net of cash (90) (30)
Proceeds from the divestiture of businesses, net of cash 2,108 0
Other, net (6) (28)
Net cash provided by (used in) investing activities 1,467 (738)
Cash flows used in financing activities:    
Borrowings under debt agreements 1,895 3,556
Payments toward debt agreements (1,987) (3,369)
Payments to acquire treasury stock (1,824) (442)
Dividends paid to stockholders (32) (34)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 31 27
Treasury stock minimum tax withholding related to vesting of restricted stock (68) (36)
Other, net (4) (6)
Net cash used in financing activities (1,989) (304)
Effect of exchange rate changes on cash and cash equivalents (6) (4)
Net increase in cash and cash equivalents 653 2
Cash and cash equivalents at beginning of period 1,804 1,478
Cash and cash equivalents at end of period $ 2,457 $ 1,480