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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Cash flows provided by operating activities:    
Net income $ 430 $ 463
Depreciation, amortization, and other, net 514 524
Change in operating assets and liabilities, exclusive of net assets acquired (364) (787)
Net cash provided by operating activities 580 200
Cash flows used in investing activities:    
Acquisition of property, plant and equipment (637) (704)
Proceeds and advances from sale of property, plant and equipment 169 430
Cash paid for business and intangible asset acquisitions, net of cash 0 (18)
Other, net (16) 0
Net cash used in investing activities (484) (292)
Cash flows used in financing activities:    
Borrowings under debt agreements 2,021 984
Payments toward debt agreements (2,070) (1,038)
Payments to acquire treasury stock (288) (272)
Dividends paid to stockholders (23) (25)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 27 26
Treasury stock minimum tax withholding related to vesting of restricted stock (36) (44)
Other, net (2) (12)
Net cash used in financing activities (371) (381)
Effect of exchange rate changes on cash and cash equivalents (3) (1)
Net decrease in cash and cash equivalents (278) (474)
Cash and cash equivalents at beginning of period 1,478 1,567
Cash and cash equivalents at end of period $ 1,200 $ 1,093