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Postretirement and Other Employee Benefits (Tables)
 12 Months Ended
Aug. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Reconciliation of Change in Benefit Obligations for Plans
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
Fiscal Year Ended August 31,
20262025
Change in PBO
Beginning PBO$537 $513 
Service cost25 23 
Interest cost12 11 
Actuarial (gain) loss
(16)5 
Settlements paid from plan assets(1)
(34)(47)
Total benefits paid(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(4)29 
Ending PBO$525 $537 
Change in plan assets
Beginning fair value of plan assets548 524 
Actual return on plan assets35 21 
Settlements paid from plan assets(1)
(34)(47)
Employer contributions17 16 
Benefits paid from plan assets(7)(8)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(5)29 
Ending fair value of plan assets$567 $548 
Funded status$42 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$44 $13 
Accumulated other comprehensive loss
Actuarial gain, before tax
$(72)$(47)
Prior service cost, before tax
$12 $18 
(1)The settlements recognized during fiscal years 2026 and 2025 relate primarily to the Switzerland plan.
Schedule of Reconciliation of Changes in Pension Plan Assets
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
Fiscal Year Ended August 31,
20262025
Change in PBO
Beginning PBO$537 $513 
Service cost25 23 
Interest cost12 11 
Actuarial (gain) loss
(16)5 
Settlements paid from plan assets(1)
(34)(47)
Total benefits paid(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(4)29 
Ending PBO$525 $537 
Change in plan assets
Beginning fair value of plan assets548 524 
Actual return on plan assets35 21 
Settlements paid from plan assets(1)
(34)(47)
Employer contributions17 16 
Benefits paid from plan assets(7)(8)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(5)29 
Ending fair value of plan assets$567 $548 
Funded status$42 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$44 $13 
Accumulated other comprehensive loss
Actuarial gain, before tax
$(72)$(47)
Prior service cost, before tax
$12 $18 
(1)The settlements recognized during fiscal years 2026 and 2025 relate primarily to the Switzerland plan.
Schedule of Amounts Recognized in Balance Sheet
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
Fiscal Year Ended August 31,
20262025
Change in PBO
Beginning PBO$537 $513 
Service cost25 23 
Interest cost12 11 
Actuarial (gain) loss
(16)5 
Settlements paid from plan assets(1)
(34)(47)
Total benefits paid(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(4)29 
Ending PBO$525 $537 
Change in plan assets
Beginning fair value of plan assets548 524 
Actual return on plan assets35 21 
Settlements paid from plan assets(1)
(34)(47)
Employer contributions17 16 
Benefits paid from plan assets(7)(8)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars(5)29 
Ending fair value of plan assets$567 $548 
Funded status$42 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$44 $13 
Accumulated other comprehensive loss
Actuarial gain, before tax
$(72)$(47)
Prior service cost, before tax
$12 $18 
(1)The settlements recognized during fiscal years 2026 and 2025 relate primarily to the Switzerland plan.
Schedule of Accumulated Benefit Obligations
The following table summarizes the total accumulated benefit obligations (“ABO”), the ABO and fair value of plan assets for defined benefit pension plans with ABO in excess of plan assets, and the PBO and fair value of plan assets for defined benefit pension plans with PBO in excess of plan assets for fiscal years 2026 and 2025 (in millions):
August 31, 2026August 31, 2025
ABO$508 $518 
Plans with ABO in excess of plan assets
ABO$37 $42 
Fair value of plan assets$10 $14 
Plans with PBO in excess of plan assets
PBO$50 $51 
Fair value of plan assets$13 $14 
Schedule of Weighted-Average Actuarial Assumptions
Weighted-average actuarial assumptions used to determine net periodic benefit cost and PBO for the plans for the fiscal years 2026, 2025, and 2024 were as follows:
Fiscal Year Ended August 31,
202620252024
Net periodic benefit cost:
       Expected long-term return on plan assets(1)
3.3 %3.7 %3.7 %
Rate of compensation increase1.1 %1.8 %1.9 %
Discount rate2.2 %2.1 %2.8 %
PBO:
Expected long-term return on plan assets3.4 %3.3 %3.7 %
Rate of compensation increase1.1 %1.1 %1.8 %
       Discount rate(2)
2.4 %2.2 %2.1 %
(1)The expected return on plan assets assumption used in calculating net periodic benefit cost is based on historical return experience and estimates of future long-term performance with consideration to the expected investment mix of the plan.
(2)The discount rate is used to state expected cash flows relating to future benefits at a present value on the measurement date. This rate represents the market rate for high-quality fixed income investments whose timing would match the cash outflow of retirement benefits. Other assumptions include demographic factors such as retirement, mortality and turnover.
Schedule of Fair Values of Plan Assets by Asset Category
The fair values of the plan assets held by the Company by asset category are as follows (in millions):
August 31, 2026August 31, 2025
Fair Value
Hierarchy		Fair ValueAsset
Allocation		Fair ValueAsset
Allocation
Asset Category
Cash and cash equivalents(1)
Level 1$25 4 %$16 3 %
Equity Securities:
Global equity securities(2)(3)
Level 2261 47 %249 46 %
Debt Securities:
Corporate bonds(3)
Level 2218 38 %232 42 %
Government bonds(3)
Level 253 9 %40 7 %
Other Investments:
Insurance contracts(4)
Level 310 2 %11 2 %
Fair value of plan assets
$567 100 %$548 100 %
 
(1)Carrying value approximates fair value.
(2)Investments in equity securities by companies incorporated, listed or domiciled in developed and/or emerging market countries.
(3)Investments in global equity securities, corporate bonds, government securities and government bonds are valued using the quoted prices of securities with similar characteristics.
(4)Consist of an insurance contract that guarantees the payment of the funded pension entitlements, as well as provides a profit share to the Company. The profit share in this contract is not based on actual investments, but, instead on a notional investment portfolio that is expected to return a pre-defined rate. Insurance contract assets are recorded at fair value and is determined based on the cash surrender value of the insured benefits which is the present value of the guaranteed funded benefits. Insurance contracts are valued using unobservable inputs (Level 3 inputs), primarily by discounting expected future cash flows relating to benefits paid from a notional investment portfolio in order to determine the cash surrender value of the policy. The unobservable inputs consist of estimated future benefits to be paid throughout the duration of the policy and estimated discount rates, which both have an immaterial impact on the fair value estimate of the contract.
Schedule of Estimated Future Benefit Payments The estimated future benefit payments, which reflect expected future service, are as follows (in millions):
Fiscal Year Ended August 31,Amount
2027
$47 
2028
$39 
2029
$37 
2030
$42 
2031
$40 
2032 through 2036
$202