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Accrued Expenses (Tables)
6 Months Ended
Feb. 28, 2023
Accrued Liabilities, Current [Abstract]  
Schedule of Accrued Expenses
Accrued expenses consist of the following (in millions):
February 28, 2023 August 31, 2022
Inventory deposits $ 1,975  $ 1,586 
Contract liabilities(1)
1,128  796 
Accrued compensation and employee benefits 653  806 
Other accrued expenses 2,110  2,084 
Accrued expenses $ 5,866  $ 5,272 
(1)Revenue recognized during the six months ended February 28, 2023 and 2022 that was included in the contract liability balance as of August 31, 2022 and 2021 was $254 million and $196 million, respectively.