Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 31, 2024

Accounting Policies [Abstract]

Schedule of Estimated Useful Lives for Major Classes of Depreciable Assets

Estimated useful lives for major classes of depreciable assets are as follows:

Asset Class	Estimated Useful Life
Buildings	Up to 35 years
Leasehold improvements	Shorter of lease term or useful life of the improvement
Machinery and equipment	2 to 10 years
Furniture, fixtures and office equipment	5 years
Computer hardware and software	3 to 7 years
Transportation equipment	3 years

Property, plant and equipment consists of the following (in millions):

	August 31, 2024		August 31, 2023(1)
Land and improvements	$	108	$	107
Buildings	1,451		1,281
Leasehold improvements	681		676
Machinery and equipment	4,278		4,362
Furniture, fixtures and office equipment	218		229
Computer hardware and software	824		840
Transportation equipment	7		7
Construction in progress	193		147
Property, plant and equipment	7,760		7,649
Less accumulated depreciation and amortization	4,736		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.

Schedule of Potential Shares of Common Stock not included in the Computation of Earnings Per Share

Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):

	Fiscal Year Ended August 31,
	2024	2023	2022
Restricted stock units	343.6	383.1	209.4