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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill Allocated to Reportable Segments and Gross Goodwill Balances and Accumulated Impairments
The following table presents the changes in goodwill allocated to the Company’s reportable segments during the three months ended November 30, 2024 (in millions):
Regulated Industries
Intelligent Infrastructure
Connected Living and Digital Commerce
Total
Balance as of September 1, 2024$490 $69 $102 $661 
Acquisitions and adjustments— 15 — 15 
Change in foreign currency exchange rates(5)— (1)(6)
Balance as of November 30, 2024
$485 $84 $101 $670 
The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated (in millions):
 November 30, 2024August 31, 2024
Gross Carrying
Amount
Accumulated
Impairment
Gross Carrying
Amount
Accumulated
Impairment
Goodwill$1,690 $1,020 $1,681 $1,020