v3.20.4
GOODWILL AND INTANGIBLE ASSETS
6 Months Ended
Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure
6. Goodwill and Intangible Assets
Goodwill
The changes in the carrying amount of goodwill by reportable operating segment are as follows:
August 31,
2020
Additions/
Adjustments
Foreign
Currency
Translation
February 28,
2021
North America$4,604,441 $302,958 $3,274 $4,910,673 
Europe2,138,088 521,312 70,042 2,729,442 
Growth Markets967,291 114,456 30,257 1,112,004 
Total$7,709,820 $938,726 $103,573 $8,752,119 
Goodwill includes immaterial adjustments related to prior period acquisitions.
Intangible Assets
Our definite-lived intangible assets by major asset class are as follows:
August 31, 2020February 28, 2021
Intangible Asset ClassGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer-related$1,319,332 $(495,367)$823,965 $1,558,933 $(569,634)$989,299 
Technology150,765 (55,543)95,222 178,902 (61,564)117,338 
Patents129,295 (66,954)62,341 128,464 (69,173)59,291 
Other82,676 (34,986)47,690 78,177 (35,559)42,618 
Total$1,682,068 $(652,850)$1,029,218 $1,944,476 $(735,930)$1,208,546 
Total amortization related to our intangible assets was $73,746 and $140,953 for the three and six months ended February 28, 2021, respectively. Total amortization related to our intangible assets was $55,799 and $109,171 for the three and six months ended February 29, 2020, respectively. Estimated future amortization related to intangible assets held as of February 28, 2021 is as follows:
Fiscal YearEstimated Amortization
Remainder of 2021$128,893 
2022225,974 
2023205,077 
2024183,308 
2025162,815 
Thereafter302,479 
Total$1,208,546