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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 15 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Nov. 30, 2024
Cash flows provided by operating activities:      
Net income $ 100 $ 194  
Depreciation, amortization, and other, net 182 206  
Change in operating assets and liabilities, exclusive of net assets acquired 30 48  
Net cash provided by operating activities 312 448  
Cash flows used in investing activities:      
Acquisition of property, plant and equipment (97) (288)  
Proceeds and advances from sale of property, plant and equipment 11 13  
Cash paid for business and intangible asset acquisitions, net of cash (63) (59)  
Proceeds from the divestiture of businesses, net of cash 0 258  
Other, net 13 1  
Net cash used in investing activities (136) (75)  
Cash flows used in financing activities:      
Borrowings under debt agreements 100 395  
Payments toward debt agreements (130) (436)  
Payments to acquire treasury stock (232) (500)  
Dividends paid to stockholders (10) (12)  
Treasury stock minimum tax withholding related to vesting of restricted stock (40) (67)  
Net cash used in financing activities (312) (620)  
Effect of exchange rate changes on cash and cash equivalents (7) (7)  
Net decrease in cash and cash equivalents (143) (254)  
Cash and cash equivalents at beginning of period 2,201 1,804 $ 1,804
Cash and cash equivalents at end of period $ 2,058 $ 1,550 $ 2,058