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Fair Value Measurements (Tables)
6 Months Ended
Feb. 28, 2026
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):
February 28, 2026August 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 $487 $498 $480 
3.000% Senior Notes
Level 2
(1)
$595 $563 $595 $551 
1.700% Senior Notes
Level 2
(1)
$500 $498 $499 $492 
4.250% Senior Notes
Level 2
(1)
$498 $502 $497 $500 
5.450% Senior Notes
Level 2
(1)
$298 $311 $297 $308 
4.200% Senior Notes
Level 2
(1)
$497 $501 $— $— 
4.750% Senior Notes
Level 2
(1)
$491 $498 $— $— 
(1)The fair value estimates are based upon observable market data.