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Trade Accounts Receivable Sale Programs (Tables)
12 Months Ended
Aug. 31, 2023
Transfers and Servicing [Abstract]  
Schedule of Trade Accounts Receivable Sale Programs Key Terms
The following is a summary of the trade accounts receivable sale programs with unaffiliated financial institutions where the Company may elect to sell receivables and the unaffiliated financial institution may elect to purchase, at a discount, on an ongoing basis (in millions):
Program
Maximum
Amount
(1)
Type of
Facility
Expiration
Date
A
$ 700 
Uncommitted
December 5, 2025(2)
B
$ 120 
Uncommitted
(2)
C
400 
CNY
Uncommitted
August 31, 2023(2)
D
$ 150 
Uncommitted
May 4, 2028(2)
E
$ 150 
Uncommitted
(3)
F
$ 50 
Uncommitted
(3)
G
$ 100 
Uncommitted
(2)
H
$ 600 
Uncommitted
December 5, 2024(2)
I
$ 135 
Uncommitted
April 11, 2025(2)
J
100 
CHF
Uncommitted
December 5, 2025(2)
K
8,100 
INR
Uncommitted
(2)
(1)Maximum amount of trade accounts receivable that may be sold under a facility at any one time.
(2)Any party may elect to terminate the agreement upon 30 days prior notice.
(3)Any party may elect to terminate the agreement upon 15 days prior notice.
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):
Fiscal Year Ended August 31,
2023 2022 2021
Trade accounts receivable sold $ 10,784  $ 8,513  $ 4,654 
Cash proceeds received $ 10,748  $ 8,504  $ 4,651 
Pre-tax losses on sale of receivables(1)
$ 36  $ $
(1)Recorded to other expense within the Consolidated Statements of Operations.