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Stockholders' Equity | 3 Months Ended
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Nov. 30, 2021
Share-based Payment Arrangement [Abstract] |
Stockholders' Equity | Stockholders’ Equity The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in millions):
|  |  | Three months ended
|  |  |  |  | November 30, 2021 |  | November 30, 2020
Restricted stock units |  |  |  |  | $ | 32 |  |  | $ | 32 |
Employee stock purchase plan |  |  |  |  | 3 |  |  | 2 |
Total |  |  |  |  | $ | 35 |  |  | $ | 34 |
As of November 30, 2021, the shares available to be issued under the 2021 Equity Incentive Plan w ere 9,852,269. Restricted Stock Units Certain key employees have been granted time-based, performance-based and market-based restricted stock unit awards (“restricted stock units”). The time-based restricted stock units generally vest on a graded vesting schedule over three years. T he performance-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 150%, depending on the specified performance condition and the level of achievement obtained. The performance-based restricted stock units have a vesting condition that is based upon the Company’s cumulative adjusted core earnings per share during the performance period. The market-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 200%, depending on the specified performance condition and the level of achievement obtained. The market-based restricted stock units ha ve a vesting condition that is tied to the Company’s total shareholder return based on the Company’s stock performance in relation to the companies in the Standard and Poor’s (S&P) Super Composite Technology Hardware and Equipment Index excluding the Company. During the three months ended November 30, 2021 and 2020, the Company awarded approximately 0.7 million and 1.1 million time-based restricted stock units, respectively, 0.2 million and 0.3 million performance-based restricted stock units, respectively, and 0.2 million and 0.3 million market-based restricted stock units, respectively. The following represents the stock-based compensation information as of the period indicated (in millions):
| November 30, 2021
Unrecognized stock-based compensation expense—restricted stock units | $ | 67 |
Remaining weighted-average period for restricted stock units expense | 1.5 years
Common Stock Outstanding The following represents the common stock outstanding for the periods indicated:
|  |  | Three months ended
|  |  |  |  | November 30, 2021 |  | November 30, 2020
Common stock outstanding: |  |  |  |  |  |  |
Beginning balances |  |  |  |  | 144,496,077 |  |  | 150,330,358 |
Vesting of restricted stock |  |  |  |  | 2,425,472 |  |  | 2,217,082 |
Purchases of treasury stock under employee stock plans |  |  |  |  | (690,555) |  |  | (601,406) |
Treasury shares purchased(1) |  |  |  |  | (2,064,985) |  |  | (1,474,464) |
Ending balances |  |  |  |  | 144,166,009 |  |  | 150,471,570 |
(1)In July 2021, the Board of Directors approved an authorization for the repurchase of up to $1.0 billion of the Company’s common stock (“the 2022 Share Repurchase Program”). As of November 30, 2021, 2.8 million shares had been repurchased for $169 million and $831 million remains available under the 2022 Share Repurchase Program.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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