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Inventories (Tables)
12 Months Ended
Aug. 31, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consist of the following (in millions):
August 31, 2024
August 31, 2023(1)
Raw materials$3,903 $4,804 
Work in process190 217 
Finished goods246 243 
Reserve for excess and obsolete inventory(63)(58)
Inventories, net$4,276 $5,206 
(1)Excludes $559 million of inventories, net classified as held for sale. See Note 17 – “Business Acquisitions and Divestitures” for additional information.