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Property, Plant and Equipment
 12 Months Ended
Aug. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consists of the following (in millions):
August 31, 2026August 31, 2025
Land and improvements$127 $95 
Buildings1,520 1,486 
Leasehold improvements750 714 
Machinery and equipment4,255 4,122 
Furniture, fixtures and office equipment218 219 
Computer hardware and software839 800 
Transportation equipment41 25 
Construction in progress(1)
432 356 
Property, plant and equipment8,182 7,817 
Less accumulated depreciation and amortization5,177 4,970 
Property, plant and equipment, net$3,005 $2,847 
(1)    Amount includes short-term and long-term fixed asset costs that are expected to be placed into service.
Depreciation expense was $592 million, $612 million, and $656 million, respectively, for the fiscal years ended August 31, 2026, 2025, and 2024.
As of August 31, 2026, and 2025, the Company had $105 million and $55 million, respectively, included in accounts payable for the acquisition of property, plant, and equipment, which is considered a non-cash investing activity in the Consolidated Statements of Cash Flows.