Asset-Backed Securitization Program (Tables)

3 Months Ended

Nov. 30, 2024

Transfers and Servicing [Abstract]

Schedule of Asset-backed Securitization Programs Amounts Recognized

In connection with the asset-backed securitization program, the Company recognized the following (in millions):

	Three months ended
	November 30, 2024		November 30, 2023
Trade accounts receivable sold	$	1,067	$	989
Cash proceeds received(1)	$	1,055	$	979
Pre-tax losses on sale of receivables(2)	$	12	$	10

(1)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.

(2)Recorded to other expense within the Condensed Consolidated Statements of Operations.