CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2024	Aug. 31, 2024
Current assets:
Cash and cash equivalents	$ 2,058	$ 2,201
Accounts receivable, net of allowance for credit losses	3,718	3,533
Contract assets	1,103	1,071
Inventories, net of reserve for excess and obsolete inventory	4,320	4,276
Prepaid expenses and other current assets	2,029	1,710
Total current assets	13,228	12,791
Property, plant and equipment, net of accumulated depreciation of $4,763 as of November 30, 2024 and $4,736 as of August 31, 2024	2,915	3,024
Operating lease right-of-use assets	385	360
Goodwill	670	661
Intangible assets, net of accumulated amortization of $556 as of November 30, 2024 and $547 as of August 31, 2024	168	143
Deferred income taxes	125	96
Other assets	280	276
Total assets	17,771	17,351
Current liabilities:
Current installments of notes payable and long-term debt	0	0
Accounts payable	6,875	6,190
Accrued expenses	5,466	5,499
Current operating lease liabilities	93	93
Total current liabilities	12,434	11,782
Notes payable and long-term debt, less current installments	2,882	2,880
Other liabilities	327	416
Non-current operating lease liabilities	304	284
Income tax liabilities	92	109
Deferred income taxes	139	143
Total liabilities	16,178	15,614
Commitments and contingencies
Jabil Inc. stockholders’ equity:
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding	0	0
Common stock, $0.001 par value, authorized 500,000,000 shares; 277,463,763 and 276,381,151 shares issued and 111,693,059 and 113,744,167 shares outstanding as of November 30, 2024 and August 31, 2024, respectively	0	0
Additional paid-in capital	3,002	2,841
Retained earnings	5,851	5,760
Accumulated other comprehensive loss	(52)	(46)
Treasury stock at cost, 165,770,704 and 162,636,984 shares as of November 30, 2024 and August 31, 2024, respectively	(7,208)	(6,818)
Total Jabil Inc. stockholders’ equity	1,593	1,737
Noncontrolling interests	0	0
Total equity	1,593	1,737
Total liabilities and equity	$ 17,771	$ 17,351