v3.20.4
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Nov. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
The changes in the carrying amount of goodwill by reportable operating segment are as follows:
August 31,
2020
Additions/
Adjustments
Foreign
Currency
Translation
November 30,
2020
North America$4,604,441 $225,619 $647 $4,830,707 
Europe2,138,088 120,090 9,356 2,267,534 
Growth Markets967,291 48,909 12,970 1,029,170 
Total$7,709,820 $394,618 $22,973 $8,127,411 
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Our definite-lived intangible assets by major asset class are as follows:
August 31, 2020November 30, 2020
Intangible Asset ClassGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer-related$1,319,332 $(495,367)$823,965 $1,386,214 $(527,370)$858,844 
Technology150,765 (55,543)95,222 170,600 (56,977)113,623 
Patents129,295 (66,954)62,341 128,399 (65,928)62,471 
Other82,676 (34,986)47,690 82,622 (36,575)46,047 
Total$1,682,068 $(652,850)$1,029,218 $1,767,835 $(686,850)$1,080,985 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] Estimated future amortization related to intangible assets held as of November 30, 2020 is as follows:
Fiscal YearEstimated Amortization
Remainder of 2021$179,796 
2022198,541 
2023178,958 
2024158,361 
2025138,373 
Thereafter226,956 
Total$1,080,985