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Concentration of Risk and Segment Data (Tables)
12 Months Ended
Aug. 31, 2026
Segment Reporting [Abstract]  
Schedule of Concentration of Risk, by Risk Factor Sales to the following customers that accounted for 10% or more of the Company’s net revenues, expressed as a percentage of consolidated net revenue, and the percentage of accounts receivable for the customers, were as follows:
Percentage of Net Revenue
Fiscal Year Ended August 31,
Percentage of Accounts Receivable
as of August 31,
20262025202420262025
Customer A (1)
20 %16 %*33 %24 %
Customer B (2)
**11 %**
*    Amount was less than 10% of total.
(1)Sales to this customer were reported primarily in the Intelligent Infrastructure segment.
(2)Sales to this customer were reported in the Connected Living and Digital Commerce segment.
Schedule of Segment Reporting
The following tables set forth operating segment information (in millions):
Fiscal Year Ended August 31,
202620252024
Regulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotal
Point in time$530 $10,054 $1,964 $12,548 $477 $6,299 $1,727 $8,503 $553 $4,464 $3,393 $8,410 
Over time12,164 7,818 3,424 23,406 11,402 6,018 3,879 21,299 11,708 4,733 4,032 20,473 
Net revenue$12,694 $17,872 $5,388 $35,954 $11,879 $12,317 $5,606 $29,802 $12,261 $9,197 $7,425 $28,883 
Segment expenses$11,995 $16,803 $5,087 $33,885 $11,236 $11,653 $5,293 $28,182 $11,606 $8,728 $6,961 $27,295 
Segment income$699 $1,069 $301 $2,069 $643 $664 $313 $1,620 $655 $469 $464 $1,588 
Segment income margin5.5 %6.0 %5.6 %5.8 %5.4 %5.4 %5.6 %5.4 %5.3 %5.1 %6.2 %5.5 %
Schedule of Segment Income and Reconciliation of Income Before Income Tax
Fiscal Year Ended August 31,
202620252024
Segment income$2,069 $1,620 $1,588 
Reconciling items:
Amortization of intangibles(89)(62)(40)
Stock-based compensation expense and related charges(140)(107)(89)
Restructuring, severance and related charges(1)
(97)(181)(296)
Business interruption and impairment charges, net(2)
— (8)(16)
(Loss) gain from the divestiture of businesses(3)
(1)(53)942 
Acquisition and divestiture related charges(4)
(34)(20)(70)
Loss on securities(5)
— (46)— 
Other expense (net of periodic benefit cost)(119)(104)(95)
Interest expense, net(181)(147)(173)
Income before income tax$1,408 $892 $1,751 
(1)Charges recorded during the fiscal year ended August 31, 2026, relate to the targeted restructuring activities to optimize the Company’s cost structure and improve operational efficiencies. Charges recorded during the fiscal years ended August 31, 2025 and 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
(2)Charges recorded during the fiscal year ended August 31, 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 recorded during the fiscal year ended August 31, 2024, related to costs associated with product quality liabilities. Charges recorded during the fiscal years ended August 31, 2025, and 2024, are classified as a component of cost of revenue and selling, general and administrative expenses in the Consolidated Statements of Operations.
(3)Charges recorded during the fiscal year ended August 31, 2025, related primarily to a pre-tax loss of $97 million recognized for the divestiture of the Company’s operations in Italy. The Company completed the divestiture of the Mobility Business and recorded a pre-tax gain of $942 million during the fiscal year ended August 31, 2024. Certain post-closing adjustments were realized in March 2025, which resulted in the recognition of a $54 million pre-tax gain during the fiscal year ended August 31, 2025.
(4)Charges recorded during the fiscal year ended August 31, 2026, include $8 million of gains on forward foreign exchange contracts in connection with the acquisition of Hanley.
(5)Charges recorded during the fiscal year ended August 31, 2025, related to an impairment of an investment in Preferred Stock.
Schedule of Revenue from External Customers by Geographic Areas The following tables set forth net revenue and long-lived asset information where individual countries accounted for 10% or more of the total, for the periods indicated (in millions):
At and For the Fiscal Year Ended August 31,
202620252024
Net RevenueLong-Lived AssetsNet RevenueLong-Lived AssetsNet RevenueLong-Lived Assets
Mexico
$7,205 $488 $5,689 $514 $5,872 $647 
Malaysia4,376 431 3,644 358 *352 
China
4,082 544 4,196 635 4,810 736 
Singapore
****4,486 *
Other
10,617 1,405 8,829 1,170 8,668 1,074 
Total Foreign26,280 2,868 22,358 2,677 23,836 2,809 
U.S.
9,674 751 7,444 632 5,047 575 
Total$35,954 $3,619 $29,802 $3,309 $28,883 $3,384 
*    Amount was less than 10% of total.