Restructuring, Severance and Related Charges (Tables)

12 Months Ended

Aug. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring, Severance and Related Charges and Liability Activity

Following is a summary of the Company’s restructuring, severance and related charges (in millions):

	Fiscal Year Ended August 31,
	2024(1)		2023(2)		2022(2)
Employee severance and benefit costs	$	177	$	48	$	18
Lease costs	2		—		—
Asset write-off costs	79		5		—
Other costs	38		4		—
Total restructuring, severance and related charges(3)	$	296	$	57	$	18

(1)Primarily relates to the 2024 Restructuring Plan.

(2)Primarily relates to headcount reduction to further optimize the Company's business activities.

(3)Includes $76 million, $10 million and $1 million recorded in the EMS segment, $152 million, $35 million and $10 million recorded in the DMS segment and $68 million, $12 million and $7 million of non-allocated charges for the fiscal years ended August 31, 2024, 2023 and 2022, respectively. Except for asset write-off costs, all restructuring, severance and related charges are cash costs.

The table below summarizes the Company’s liability activity, primarily associated with the 2024 Restructuring Plan (in millions):

	Employee  Severance and Benefit Costs		Lease Costs		Asset Write-off Costs		Other Related Costs		Total
Balance as of August 31, 2023	$	—	$	—	$	—	$	—	$	—
Restructuring related charges	177		2		79		38		296
Asset write-off charge and other non-cash activity	4		—		(79)		(16)		(91)
Cash payments	(115)		(1)		—		(17)		(133)
Balance as of August 31, 2024	$	66	$	1	$	—	$	5	$	72