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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2023
Aug. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,200 $ 1,478
Accounts receivable, net of allowance for credit losses 3,715 3,995
Contract assets 1,175 1,196
Inventories, net 6,519 6,128
Prepaid expenses and other current assets 1,172 1,111
Total current assets 13,781 13,908
Property, plant and equipment, net of accumulated depreciation of $5,963 as of February 28, 2023 and $5,624 as of August 31, 2022 3,903 3,954
Operating lease right-of-use asset 501 500
Goodwill 710 704
Intangible assets, net of accumulated amortization of $489 as of February 28, 2023 and $471 as of August 31, 2022 142 158
Deferred income taxes 217 199
Other assets 313 294
Total assets 19,567 19,717
Current liabilities:    
Current installments of notes payable and long-term debt 323 300
Accounts payable 6,965 8,006
Accrued expenses 5,866 5,272
Current operating lease liabilities 128 119
Total current liabilities 13,282 13,697
Notes payable and long-term debt, less current installments 2,577 2,575
Other liabilities 297 272
Non-current operating lease liabilities 405 417
Income tax liabilities 206 182
Deferred income taxes 126 122
Total liabilities 16,893 17,265
Commitments and contingencies
Jabil Inc. stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding 0 0
Common stock, $0.001 par value, authorized 500,000,000 shares; 273,531,447 and 270,891,715 shares issued and 133,238,368 and 135,493,980 shares outstanding as of February 28, 2023 and August 31, 2022, respectively 0 0
Additional paid-in capital 2,742 2,655
Retained earnings 4,046 3,638
Accumulated other comprehensive income (loss) 9 (42)
Treasury stock at cost, 140,293,079 and 135,397,735 shares as of February 28, 2023 and August 31, 2022, respectively (4,124) (3,800)
Total Jabil Inc. stockholders’ equity 2,673 2,451
Noncontrolling interests 1 1
Total equity 2,674 2,452
Total liabilities and equity $ 19,567 $ 19,717