Accumulated Other Comprehensive Income

12 Months Ended

Aug. 31, 2024

The following table sets forth the changes in AOCI, net of tax, by component during the fiscal year ended August 31, 2024 (in millions):


	Foreign Currency Translation Adjustment		Net Investment Hedges		Derivative Instruments		Actuarial Gain (Loss)		Prior Service (Cost) Credit		Total
Balance as of August 31, 2023	$	(59)	$	(4)	$	14	$	46	$	(14)	$	(17)
Other comprehensive income (loss) before reclassifications	17		(16)		(21)		(9)		(9)		(38)
Amounts reclassified from AOCI	(2)		(4)		19		(8)		4		9
Other comprehensive income (loss)(1)	15		(20)		(2)		(17)		(5)		(29)
Balance as of August 31, 2024	$	(44)	$	(24)	$	12	$	29	$	(19)	$	(46)

(1)Amounts are net of tax, which are immaterial.

The following table sets forth the amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in millions):


		Fiscal Year Ended August 31,(1)
Comprehensive Income Components	Financial Statement Line Item	2024		2023		2022
Realized gains on foreign currency translation	Gain from the divestiture of businesses	$	(2)	$	—	$	—




Realized (gains) losses on pension and postretirement plans:
Actuarial gains	(2)	(8)		(14)		(14)
Prior service costs	(2)	4		4		4

(1)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2024, 2023 and 2022.

(2)Amounts are included in the computation of net periodic benefit cost. Refer to Note 10 – “Postretirement and Other Employee Benefits” for additional information.

Refer to Note 11 – “Derivative Financial Instruments and Hedging Activities” for the location of gains and losses on the Company’s derivative instruments that were reclassified from AOCI into the Consolidated Statements of Operations.