Concentration of Risk and Segment Data (Tables)

12 Months Ended

Aug. 31, 2024

Segment Reporting [Abstract]

Schedule of Sales to Customers Who Accounted for 10 Percent or More of Net Revenues, Expressed as Percentage of Consolidated Net Revenue and Accounts Receivable for Each Customer

Sales to the following customer accounted for 10% or more of the Company’s net revenues, expressed as a percentage of consolidated net revenue:

	Percentage of Net Revenue Fiscal Year Ended August 31,
	2024		2023		2022
Apple, Inc.(1)	11	%	17	%	19	%

(1)Sales to this customer were reported in the DMS operating segment.

Schedule of Revenues Disaggregated by Segment

The following table presents the Company’s revenues disaggregated by segment (in millions):

	Fiscal Year Ended August 31,
	2024						2023						2022
	EMS		DMS		Total		EMS		DMS		Total		EMS		DMS		Total
Timing of transfer
Point in time	$	4,502	$	3,908	$	8,410	$	5,094	$	6,453	$	11,547	$	6,112	$	6,818	$	12,930
Over time	9,303		11,170		20,473		11,655		11,500		23,155		10,625		9,923		20,548
Total	$	13,805	$	15,078	$	28,883	$	16,749	$	17,953	$	34,702	$	16,737	$	16,741	$	33,478

Schedule of Segment Income and Reconciliation of Income Before Income Tax

The following tables set forth operating segment information (in millions):

	Fiscal Year Ended August 31,
	2024		2023		2022
Segment income and reconciliation of income before income tax
EMS	$	719	$	837	$	727
DMS	869		896		816
Total segment income	$	1,588	$	1,733	$	1,543
Reconciling items:
Amortization of intangibles	(40)		(33)		(34)
Stock-based compensation expense and related charges	(89)		(95)		(81)
Restructuring, severance and related charges(1)	(296)		(57)		(18)
Business interruption and impairment charges, net(2)	(16)		—		—
Gain from the divestiture of businesses(3)	942		—		—
Acquisition and divestiture related charges(3)	(70)		—		—
Loss on debt extinguishment	—		—		(4)
Other expense (net of periodic benefit cost)	(95)		(80)		(29)
Interest expense, net	(173)		(206)		(146)
Income before income tax	$	1,751	$	1,262	$	1,231

(1)Charges recorded during the fiscal year ended August 31, 2024, related to the 2024 Restructuring Plan. Charges recorded during the fiscal year ended August 31, 2023, related to headcount reduction to further optimize the Company’s business activities.

(2)Charges recorded during the fiscal year August 31, 2024, related to costs associated with product quality liabilities, which is classified as a component of cost of revenue and selling, general and administrative expenses in the Consolidated Statements of Operations.

(3)The Company completed the divestiture of its Mobility Business and recorded a pre-tax gain of $942 million, subject to certain post-closing adjustments that are still being finalized. The Company incurred $70 million of acquisition and

divestiture related charges during the fiscal year ended August 31, 2024, primarily related to the divestiture of its Mobility Business.

Schedule of Segment Assets

	August 31, 2024		August 31, 2023
Total assets:
EMS	$	4,384	$	4,859
DMS	6,387		6,802
Assets held for sale(1)	—		1,929
Other non-allocated assets	6,580		5,834
Total	$	17,351	$	19,424

(1)Assets held for sale as of August 31, 2023 were reported in the DMS operating segment.

Schedule of Revenue from External Customers by Geographic Areas

The following tables set forth net revenue and long-lived asset information where individual countries accounted for 10% or more of the total, for the periods indicated (in millions):

	At and For the Fiscal Year Ended August 31,
	2024				2023				2022
	Net Revenue		Long-Lived Assets		Net Revenue		Long-Lived Assets		Net Revenue		Long-Lived Assets
Mexico	$	5,872	$	647	$	6,083	$	670	$	5,630	$	594
China(1)	4,810		736		5,868		865		5,272		1,956
Singapore(2)	4,486		*		7,385		*		7,916		*
Malaysia	*		352		*		*		*		*
Other	8,668		1,074		10,431		1,338		9,271		1,272
Total Foreign	23,836		2,809		29,767		2,873		28,089		3,822
U.S.	5,047		575		4,935		631		5,389		632
Total	$	28,883	$	3,384	$	34,702	$	3,504	$	33,478	$	4,454

*  Amount was less than 10% of total.

(1)Excludes long-lived assets of $836 million classified as held for sale as of August 31, 2023. See Note 17 – “Business Acquisitions and Divestitures” for additional information.

(2)Decrease in net revenue for the fiscal year ended August 31, 2024, is driven by the divestiture of the Mobility Business. See Note 17 – “Business Acquisitions and Divestitures” for additional information.