Property, Plant and Equipment

12 Months Ended

Aug. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and EquipmentProperty, plant and equipment consists of the following (in millions):


	August 31, 2022		August 31, 2021
Land and improvements	$	108	$	143
Buildings	1,191		1,216
Leasehold improvements	1,362		1,249
Machinery and equipment	5,627		5,216
Furniture, fixtures and office equipment	241		234
Computer hardware and software	860		819
Transportation equipment	10		9
Construction in progress	179		222
Property, plant and equipment	9,578		9,108
Less accumulated depreciation and amortization	5,624		5,033
Property, plant and equipment, net	$	3,954	$	4,075

Depreciation and maintenance and repair expenses were as follows for the periods indicated (in millions):


	Fiscal Year Ended August 31,
	2022		2021		2020
Depreciation expense	$	891	$	828	$	739
Maintenance and repair expense	$	395	$	381	$	334

As of August 31, 2022 and 2021, the Company had $472 million and $703 million, respectively, included in accounts payable for the acquisition of property, plant and equipment, which is considered a non-cash investing activity in the Consolidated Statements of Cash Flows.