v3.20.4

GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Feb. 28, 2021

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						February 28, 2021
North America			$	4,604,441					$	302,958					$	3,274					$	4,910,673
Europe			2,138,088						521,312						70,042						2,729,442
Growth Markets			967,291						114,456						30,257						1,112,004
Total			$	7,709,820					$	938,726					$	103,573					$	8,752,119

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Our definite-lived intangible assets by major asset class are as follows:

						August 31, 2020																		February 28, 2021
Intangible Asset Class						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Customer-related						$	1,319,332					$	(495,367)					$	823,965					$	1,558,933					$	(569,634)					$	989,299
Technology						150,765						(55,543)						95,222						178,902						(61,564)						117,338
Patents						129,295						(66,954)						62,341						128,464						(69,173)						59,291
Other						82,676						(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

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated future amortization related to intangible assets held as of February 28, 2021 is as follows:

Fiscal Year						Estimated Amortization
Remainder of 2021						$	128,893
2022						225,974
2023						205,077
2024						183,308
2025						162,815
Thereafter						302,479
Total						$	1,208,546

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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