XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.22.1

Stockholders' Equity | 6 Months Ended
--- | ---
Feb. 28, 2022
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 |  | Six months ended
| February 28, 2022 |  | February 28, 2021 |  | February 28, 2022 |  | February 28, 2021
Restricted stock units | $ | 12 |  |  | $ | 20 |  |  | $ | 44 |  |  | $ | 52 |
Employee stock purchase plan | 4 |  |  | 3 |  |  | 7 |  |  | 5 |
Total | $ | 16 |  |  | $ | 23 |  |  | $ | 51 |  |  | $ | 57 |
As of February 28, 2022, the shares available to be issued under the 2021 Equity Incentive Plan w ere 9,894,144. 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 six months ended February 28, 2022 and 2021, the Company awarded approximately 0.7 million and 1.2 million time-based restricted stock units, respectively, 0.2 million and 0.4 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):
| February 28, 2022
Unrecognized stock-based compensation expense—restricted stock units | $ | 56 |
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 |  | Six months ended
| February 28, 2022 |  | February 28, 2021 |  | February 28, 2022 |  | February 28, 2021
Common stock outstanding: |  |  |  |  |  |  |
Beginning balances | 144,166,009 |  |  | 150,471,570 |  |  | 144,496,077 |  |  | 150,330,358 |
Shares issued under employee stock purchase plan | 520,483 |  |  | 771,548 |  |  | 520,483 |  |  | 771,548 |
Vesting of restricted stock | 28,243 |  |  | 24,054 |  |  | 2,453,715 |  |  | 2,241,136 |
Purchases of treasury stock under employee stock plans | (9,719) |  |  | (8,873) |  |  | (700,274) |  |  | (610,279) |
Treasury shares purchased(1) | (2,312,881) |  |  | (1,891,798) |  |  | (4,377,866) |  |  | (3,366,262) |
Ending balances | 142,392,135 |  |  | 149,366,501 |  |  | 142,392,135 |  |  | 149,366,501 |
(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 February 28, 2022, 5.1 million shares had been repurchased for $314 million and $686 million remains available under the 2022 Share Repurchase Program.

X
- 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
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration