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Stockholders' Equity (Tables)
3 Months Ended
Nov. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Recognized Stock-based Compensation Expense
The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in millions):
 Three months ended
 November 30, 2025November 30, 2024
Restricted stock units$58 $40 
Employee stock purchase plan
Total$63 $44 
Schedule of Share-based Compensation Information
The following represents the stock-based compensation information as of the period indicated (in millions):
 November 30, 2025
Unrecognized stock-based compensation expense – restricted stock units$100 
Remaining weighted-average period for restricted stock units expense1.5 years
Schedule of Common Stock Outstanding
The following represents the common stock outstanding for the periods indicated:
Three months ended
November 30, 2025November 30, 2024
Common stock outstanding:
Beginning balances
107,480,895 113,744,167 
Shares issued under employee stock purchase plan
21 — 
Vesting of restricted stock
1,088,648 1,082,612 
Purchases of treasury stock under employee stock plans
(314,236)(323,000)
Treasury shares purchased(1,432,368)(2,810,720)
Ending balances
106,822,960 111,693,059 
Schedule Of Warrants Activity
The following table summarizes the Warrant activity for the three months ended November 30, 2025:
Warrant Shares
Outstanding as of August 31, 2025
1,098,957 
Changes during the period
Shares granted— 
Shares vested— 
Outstanding as of November 30, 2025
1,098,957 
Exercisable as of November 30, 2025
59,582 
Schedule of Repurchase of Common Stock under Share Repurchase Program and Common Stock Repurchased through Open Market
The Company repurchases shares of its common stock under share repurchase programs authorized by the Company’s Board of Directors. The following Board approved share repurchase programs were executed through a combination of accelerated share repurchase (“ASR”) agreements and open market transactions (in millions):
Board Approval DateAmount AuthorizedShares RepurchasedTotal Cash UtilizedRemaining AuthorizationAuthorization Completion Date
Amended 2023 Share Repurchase ProgramQ1 FY 2024$2,500 20.4$2,500 $— Q1 FY 2025
2025 Share Repurchase ProgramQ1 FY 2025$1,000 6.6$1,000 $— Q4 FY 2025
2026 Share Repurchase Program(1)
Q4 FY 2025$1,000 2.7$600 $400 
(1)As of November 30, 2025, 1.4 million shares had been repurchased for $300 million and $700 million remained available under the 2026 Share Repurchase Program. As of January 2, 2026, 2.7 million shares had been repurchased for $600 million and $400 million remained available under the 2026 Share Repurchase Program.
In addition, the Company repurchased shares of its common stock through the open market as follows (in millions):
Three months ended
November 30, 2025November 30, 2024
SharesCostSharesCost
Open market share repurchases(1)
1.2$255 1.8$232 
(1)As of January 2, 2026, 1.7 million shares had been repurchased for $355 million through open market transactions under the 2026 Share Repurchase Program.
Schedule of Accelerated Share Repurchases Agreement
The terms of ASR agreements, structured as outlined above, were as follows (in millions, except average price):
Agreement Execution DateAgreement Settlement DateAgreement AmountInitial Shares DeliveredAdditional Shares DeliveredTotal Shares DeliveredAverage Price Paid Per Share
Q4 FY 2024Q1 FY 2025$555 4.21.05.2$107.08 
Q2 FY 2025Q3 FY 2025$310 1.80.22.0$154.44 
Q3 FY 2025Q4 FY 2025$309 1.80.01.8$171.91 
Q1 FY 2026Q2 FY 2026(1)$45 0.20.00.2$209.67 
Q2 FY 2026Q3 FY 2026$200 0.8(2)(2)$226.62 
(1)In October 2025, the Company entered into ASR agreements to repurchase $45 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the Company made payments of $45 million to participating financial institutions and received an initial delivery of shares of common stock. In December 2025, the ASR transaction was completed and the final receipt of shares were delivered.
(2)In December 2025, the Company entered into ASR agreements to repurchase $200 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the Company made payments of $200 million to participating financial institutions and received an initial delivery of shares of common stock. The delivery of any remaining shares will occur at the final settlement of the transactions under the ASR agreements.