Property, Plant and Equipment (Tables)

12 Months Ended

Aug. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment

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 Depreciation and Maintenance and Repair Expenses

Depreciation and maintenance and repair expenses were as follows for the periods indicated (in millions):

	Fiscal Year Ended August 31,
	2024		2023		2022
Depreciation expense	$	656	$	891	$	891
Maintenance and repair expense	$	335	$	431	$	395