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Fair Value Measurements (Tables)
3 Months Ended
Nov. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Notes Payable and Long-term Debt The following table presents the carrying amounts and fair values of the Company's notes payable and long-term debt, by hierarchy level as of the periods indicated (in millions):
November 30, 2025August 31, 2025
Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Notes payable and long-term debt: (Note 6)
3.950% Senior Notes
Level 2
(1)
$499 $499 $499 $496 
3.600% Senior Notes
Level 2
(1)
$498 $483 $498 $480 
3.000% Senior Notes
Level 2
(1)
$595 $558 $595 $551 
1.700% Senior Notes
Level 2
(1)
$500 $495 $499 $492 
4.250% Senior Notes
Level 2
(1)
$498 $501 $497 $500 
5.450% Senior Notes
Level 2
(1)
$297 $309 $297 $308 
(1)The fair value estimates are based upon observable market data.