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Trade Accounts Receivable Sale Programs (Tables) | 3 Months Ended
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Nov. 30, 2021
Transfers and Servicing [Abstract] |
Schedule of Trade Accounts Receivable Sale Programs Amounts Recognized | In connection with the trade accounts receivable sale programs, the Company recognized the following (in millions):
|  |  | Three months ended
|  |  |  |  | November 30, 2021 |  | November 30, 2020
Trade accounts receivable sold(1) |  |  |  |  | $ | 1,968 |  |  | $ | 1,256 |
Cash proceeds received |  |  |  |  | $ | 1,967 |  |  | $ | 1,255 |
Pre-tax losses on sale of receivables(2) |  |  |  |  | $ | 1 |  |  | $ | 1 |
(1)Receivables sold are excluded from accounts receivable on the Condensed Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows. (2)Recorded to other expense within the Condensed Consolidated Statement of Operations.

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