CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2024	Aug. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,201	$ 1,804
Accounts receivable, net of allowance for credit losses	3,533	3,647
Contract assets	1,071	1,035
Inventories, net of reserve for excess and obsolete inventory	4,276	5,206
Prepaid expenses and other current assets	1,710	1,109
Assets held for sale	0	1,929
Total current assets	12,791	14,730
Property, plant and equipment, net of accumulated depreciation	3,024	3,137
Operating lease right-of-use assets	360	367
Goodwill	661	621
Intangible assets, net of accumulated amortization	143	142
Deferred income taxes	96	159
Other assets	276	268
Total assets	17,351	19,424
Current liabilities:
Current installments of notes payable and long-term debt	0	0
Accounts payable	6,190	5,679
Accrued expenses	5,499	5,515
Current operating lease liabilities	93	104
Liabilities held for sale	0	1,397
Total current liabilities	11,782	12,695
Notes payable and long-term debt, less current installments	2,880	2,875
Other liabilities	416	319
Non-current operating lease liabilities	284	269
Income tax liabilities	109	131
Deferred income taxes	143	268
Total liabilities	15,614	16,557
Commitments and contingencies
Jabil Inc. stockholders’ equity:
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and outstanding	0	0
Common stock, $0.001 par value, authorized 500,000,000 shares; 276,381,151 and 273,949,811 shares issued and 113,744,167 and 131,294,422 shares outstanding at August 31, 2024 and August 31, 2023, respectively	0	0
Additional paid-in capital	2,841	2,795
Retained earnings	5,760	4,412
Accumulated other comprehensive loss	(46)	(17)
Treasury stock at cost, 162,636,984 and 142,655,389 shares as of August 31, 2024 and August 31, 2023, respectively	(6,818)	(4,324)
Total Jabil Inc. stockholders’ equity	1,737	2,866
Noncontrolling interests	0	1
Total equity	1,737	2,867
Total liabilities and equity	$ 17,351	$ 19,424