Restructuring, Severance and Related Charges (Tables)

12 Months Ended

Aug. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring, Severance and Related Charges and Liability Activity

Following is a summary of the Company’s restructuring, severance and related charges (in millions):

	Fiscal Year Ended August 31,
	2025(1)		2024(2)		2023(3)
Employee severance and benefit costs	$	58	$	177	$	48
Lease costs	6		2		—
Asset write-off costs	53		79		5
Other costs	64		38		4
Total restructuring, severance and related charges(4)	$	181	$	296	$	57

(1)Primarily relates to the 2025 Restructuring Plan.

(2)Primarily relates to the 2024 Restructuring Plan.

(3)Primarily relates to headcount reduction to further optimize the Company's business activities.

(4)Except for asset write-off costs, all restructuring, severance and related charges are cash costs.

The following table presents the Company’s restructuring, severance, and related charges disaggregated by segment (in millions):

	Fiscal Year Ended August 31,
	2025		2024		2023
Total restructuring, severance and related charges:
Regulated Industries	$	80	$	75	$	11
Intelligent Infrastructure	34		69		10
Connected Living and Digital Commerce	21		84		24
Non-allocated charges	46		68		12
Total	$	181	$	296	$	57

The table below summarizes the Company’s liability activity, primarily associated with the 2025 Restructuring Plan (in millions):

	Employee Severance and Benefit Costs		Lease Costs		Asset Write-off Costs		Other Related Costs		Total
Balance as of August 31, 2024	$	—	$	—	$	—	$	—	$	—
Restructuring related charges	61		6		43		58		168
Asset write-off charge and other non-cash activity	—		—		(43)		(33)		(76)
Cash payments	(54)		(6)		—		(10)		(70)
Balance as of August 31, 2025	$	7	$	—	$	—	$	15	$	22

The table below summarizes the Company’s liability activity, primarily associated with the 2024 Restructuring Plan (in millions):

	Employee  Severance and Benefit Costs		Lease Costs		Asset Write-off Costs		Other Related Costs		Total
Balance as of August 31, 2024	$	66	$	1	$	—	$	5	$	72
Restructuring related charges	(3)		—		10		6		13
Asset write-off charge and other non-cash activity	—		—		(10)		(2)		(12)
Cash payments	(54)		(1)		—		(7)		(62)
Balance as of August 31, 2025	$	9	$	—	$	—	$	2	$	11