Leases

3 Months Ended

Nov. 30, 2024

Leases [Abstract]

Leases

Leases

During fiscal year 2025, the Company entered into new operating and finance leases. The future minimum lease payments under these new leases as of November 30, 2024, were as follows (in millions):

	Payments due by period
	Total		Less than 1 year		1-3 years		3-5 years		After 5 years
Operating lease obligations(1)	$	58	$	8	$	16	$	11	$	23
Finance lease obligations	$	17	$	12	$	4	$	1	$	—

(1)Excludes $91 million of payments related to leases signed but not yet commenced.

Leases

Leases

During fiscal year 2025, the Company entered into new operating and finance leases. The future minimum lease payments under these new leases as of November 30, 2024, were as follows (in millions):

	Payments due by period
	Total		Less than 1 year		1-3 years		3-5 years		After 5 years
Operating lease obligations(1)	$	58	$	8	$	16	$	11	$	23
Finance lease obligations	$	17	$	12	$	4	$	1	$	—

(1)Excludes $91 million of payments related to leases signed but not yet commenced.