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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows provided by operating activities:    
Net income $ 353,361 $ 38,133
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 420,416 402,347
Restructuring and related charges 3,036 33,061
Recognition of stock-based compensation expense and related charges 57,354 45,332
Deferred income taxes (8,330) 3,087
Provision for allowance for doubtful accounts 5,313 10,185
Other, net 15,489 13,838
Change in operating assets and liabilities, exclusive of net assets acquired:    
Accounts receivable (200,130) 424,971
Contract assets 123,258 (63,302)
Inventories (421,255) (279,664)
Prepaid expenses and other current assets (31,279) (62,881)
Other assets (20,688) (8,438)
Accounts payable, accrued expenses and other liabilities (210,600) (472,503)
Net cash provided by operating activities 85,945 84,166
Cash flows used in investing activities:    
Acquisition of property, plant and equipment (661,153) (448,765)
Proceeds and advances from sale of property, plant and equipment 266,725 36,624
Cash paid for business and intangible asset acquisitions, net of cash (49,394) (141,195)
Other, net (3,367) (2,013)
Net cash used in investing activities (447,189) (555,349)
Cash flows (used in) provided by financing activities:    
Borrowings under debt agreements 379,111 5,063,358
Payments toward debt agreements (392,878) (4,835,697)
Payments to acquire treasury stock (131,995) (168,660)
Dividends paid to stockholders (25,879) (26,280)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 20,354 16,179
Treasury stock minimum tax withholding related to vesting of restricted stock (21,969) (23,010)
Other, net (15,999) (11,617)
Net cash (used in) provided by financing activities (189,255) 14,273
Effect of exchange rate changes on cash and cash equivalents (4,959) (9,688)
Net decrease in cash and cash equivalents (555,458) (466,598)
Cash and cash equivalents at beginning of period 1,393,557 1,163,343
Cash and cash equivalents at end of period $ 838,099 $ 696,745