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Property, Plant and Equipment
 12 Months Ended
Aug. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consists of the following (in millions):
 August 31, 2024
August 31, 2023(1)
Land and improvements$108 $107 
Buildings1,451 1,281 
Leasehold improvements681 676 
Machinery and equipment4,278 4,362 
Furniture, fixtures and office equipment218 229 
Computer hardware and software824 840 
Transportation equipment7 7 
Construction in progress193 147 
Property, plant and equipment7,760 7,649 
Less accumulated depreciation and amortization4,736 4,512 
Property, plant and equipment, net$3,024 $3,137 
(1)Excludes $724 million of property, plant and equipment, net classified as held for sale. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
Depreciation and maintenance and repair expenses were as follows for the periods indicated (in millions):
 Fiscal Year Ended August 31,
 202420232022
Depreciation expense$656 $891 $891 
Maintenance and repair expense$335 $431 $395 
As of August 31, 2024, and 2023, the Company had $122 million and $357 million, respectively, included in accounts payable for the acquisition of property, plant, and equipment, which is considered a non-cash investing activity in the Consolidated Statements of Cash Flows.