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Concentration of Risk and Segment Data (Tables)
6 Months Ended
Feb. 28, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables set forth operating segment information (in millions):
Three months ended
February 28, 2026February 28, 2025
Regulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotal
Point in time$127 $2,358 $427 $2,912 $133 $1,217 $365 $1,715 
Over time2,899 1,670 801 5,370 2,608 1,430 975 5,013 
Net revenue$3,026 $4,028 $1,228 $8,282 $2,741 $2,647 $1,340 $6,728 
Segment expenses$2,881 $3,797 $1,168 $7,846 $2,609 $2,506 $1,279 $6,394 
Segment income$145 $231 $60 $436 $132 $141 $61 $334 
Segment income margin4.8 %5.7 %4.9 %5.3 %4.8 %5.3 %4.5 %5.0 %
Six months ended
February 28, 2026February 28, 2025
Regulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotal
Point in time$251 $4,683 $952 $5,886 $268 $2,323 $820 $3,411 
Over time5,848 3,198 1,655 10,701 5,430 2,820 2,061 10,311 
Net revenue$6,099 $7,881 $2,607 $16,587 $5,698 $5,143 $2,881 $13,722 
Segment expenses$5,777 $7,448 $2,472 $15,697 $5,428 $4,882 $2,731 $13,041 
Segment income$322 $433 $135 $890 $270 $261 $150 $681 
Segment income margin5.3 %5.5 %5.2 %5.4 %4.7 %5.1 %5.2 %5.0 %
Schedule of Segment Income and Reconciliation of Income Before Income Tax
 Three months endedSix months ended
 February 28, 2026February 28, 2025February 28, 2026February 28, 2025
Segment income$436 $334 $890 $681 
Reconciling items:
Amortization of intangibles(23)(15)(42)(28)
Stock-based compensation expense and related charges(27)(21)(90)(65)
Restructuring, severance and related charges(1)
(5)(45)(81)(128)
Business interruption and impairment charges, net(2)
— — — (9)
Loss from the divestiture of businesses(2)— — — 
Acquisition and divestiture related charges(3)
(6)(8)(21)(8)
Other expense (net of periodic benefit cost)(30)(24)(59)(45)
Interest expense, net(43)(37)(77)(75)
Income before income tax$300 $184 $520 $323 
(1)Charges recorded during the three months and six months ended February 28, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and six months ended February 28, 2025, primarily related to the 2025 Restructuring Plan.
(2)Charges recorded during the six months ended February 28, 2025, related primarily to costs associated with damage from Hurricanes Helene and Milton, which impacted our operations in St. Petersburg, Florida, and Asheville and Hendersonville, North Carolina. Charges are classified as a component of cost of revenue and selling, general and administrative expenses in the Condensed Consolidated Statements of Operations.
(3)Charges recorded during the three months and six months ended February 28, 2026, include $11 million and $8 million, respectively, of gains on forward foreign exchange contracts in connection with the acquisition of Hanley Energy Group.
Schedule of Segment Assets
February 28, 2026August 31, 2025
Total assets:
Regulated Industries$6,590 $6,262 
Intelligent Infrastructure5,007 3,739 
Connected Living and Digital Commerce2,248 2,199 
Other non-allocated assets6,783 6,343 
Total$20,628 $18,543 
Schedules of Concentration of Risk, by Risk Factor The following table sets forth, for the periods indicated, foreign source revenue expressed as a percentage of net revenue:
Three months ended
Six months ended
 
February 28, 2026
February 28, 2025
February 28, 2026
February 28, 2025
Foreign source revenue72.6 %77.0 %72.7 %78.9 %