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Concentration of Risk and Segment Data (Tables) | 12 Months Ended
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Aug. 31, 2024
Segment Reporting [Abstract] |
Schedule of Sales to Customers Who Accounted for 10 Percent or More of Net Revenues, Expressed as Percentage of Consolidated Net Revenue and Accounts Receivable for Each Customer | Sales to the following customer accounted for 10% or more of the Company’s net revenues, expressed as a percentage of consolidated net revenue:
|  | Percentage of Net Revenue Fiscal Year Ended August 31, |  |
|  | 2024 |  | 2023 |  | 2022 |  |  |  |
Apple, Inc.(1) |  | 11 | % |  | 17 | % |  | 19 | % |  |  |  |
(1)Sales to this customer were reported in the DMS operating segment.
Schedule of Revenues Disaggregated by Segment | The following table presents the Company’s revenues disaggregated by segment (in millions):
| Fiscal Year Ended August 31,
| 2024 |  | 2023 |  | 2022
| EMS |  | DMS |  | Total |  | EMS |  | DMS |  | Total |  | EMS |  | DMS |  | Total
Timing of transfer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time | $ | 4,502 |  |  | $ | 3,908 |  |  | $ | 8,410 |  |  | $ | 5,094 |  |  | $ | 6,453 |  |  | $ | 11,547 |  |  | $ | 6,112 |  |  | $ | 6,818 |  |  | $ | 12,930 |
Over time | 9,303 |  |  | 11,170 |  |  | 20,473 |  |  | 11,655 |  |  | 11,500 |  |  | 23,155 |  |  | 10,625 |  |  | 9,923 |  |  | 20,548 |
Total | $ | 13,805 |  |  | $ | 15,078 |  |  | $ | 28,883 |  |  | $ | 16,749 |  |  | $ | 17,953 |  |  | $ | 34,702 |  |  | $ | 16,737 |  |  | $ | 16,741 |  |  | $ | 33,478 |
Schedule of Segment Income and Reconciliation of Income Before Income Tax | The following tables set forth operating segment information (in millions):
|  | Fiscal Year Ended August 31,
|  | 2024 |  | 2023 |  | 2022
Segment income and reconciliation of income before income tax |  |  |  |  |  |
EMS |  | $ | 719 |  |  | $ | 837 |  |  | $ | 727 |
DMS |  | 869 |  |  | 896 |  |  | 816 |
Total segment income |  | $ | 1,588 |  |  | $ | 1,733 |  |  | $ | 1,543 |
Reconciling items: |  |  |  |  |  |
Amortization of intangibles |  | (40) |  |  | (33) |  |  | (34) |
Stock-based compensation expense and related charges |  | (89) |  |  | (95) |  |  | (81) |
Restructuring, severance and related charges(1) |  | (296) |  |  | (57) |  |  | (18) |
Business interruption and impairment charges, net(2) |  | (16) |  |  | — |  |  | — |
Gain from the divestiture of businesses(3) |  | 942 |  |  | — |  |  | — |
Acquisition and divestiture related charges(3) |  | (70) |  |  | — |  |  | — |
Loss on debt extinguishment |  | — |  |  | — |  |  | (4) |
Other expense (net of periodic benefit cost) |  | (95) |  |  | (80) |  |  | (29) |
Interest expense, net |  | (173) |  |  | (206) |  |  | (146) |
Income before income tax |  | $ | 1,751 |  |  | $ | 1,262 |  |  | $ | 1,231 |
(1)Charges recorded during the fiscal year ended August 31, 2024, related to the 2024 Restructuring Plan. Charges recorded during the fiscal year ended August 31, 2023, related to headcount reduction to further optimize the Company’s business activities. (2)Charges recorded during the fiscal year August 31, 2024, related to costs associated with product quality liabilities, which is classified as a component of cost of revenue and selling, general and administrative expenses in the Consolidated Statements of Operations. (3)The Company completed the divestiture of its Mobility Business and recorded a pre-tax gain of $942 million, subject to certain post-closing adjustments that are still being finalized. The Company incurred $70 million of acquisition and divestiture related charges during the fiscal year ended August 31, 2024, primarily related to the divestiture of its Mobility Business.
Schedule of Segment Assets |
|  | August 31, 2024 |  | August 31, 2023
Total assets: |  |  |  |
EMS |  | $ | 4,384 |  |  | $ | 4,859 |
DMS |  | 6,387 |  |  | 6,802 |
Assets held for sale(1) |  | — |  |  | 1,929 |
Other non-allocated assets |  | 6,580 |  |  | 5,834 |
Total |  | $ | 17,351 |  |  | $ | 19,424 |
(1)Assets held for sale as of August 31, 2023 were reported in the DMS operating segment.
Schedule of Revenue from External Customers by Geographic Areas | The following tables set forth net revenue and long-lived asset information where individual countries accounted for 10% or more of the total, for the periods indicated (in millions):
| At and For the Fiscal Year Ended August 31,
| 2024 |  | 2023 |  | 2022
| Net Revenue |  | Long-Lived Assets |  | Net Revenue |  | Long-Lived Assets |  | Net Revenue |  | Long-Lived Assets
Mexico | $ | 5,872 |  |  | $ | 647 |  |  | $ | 6,083 |  |  | $ | 670 |  |  | $ | 5,630 |  |  | $ | 594 |
China(1) | 4,810 |  |  | 736 |  |  | 5,868 |  |  | 865 |  |  | 5,272 |  |  | 1,956 |
Singapore(2) | 4,486 |  |  | * |  | 7,385 |  |  | * |  | 7,916 |  |  | *
Malaysia | * |  | 352 |  |  | * |  | * |  | * |  | *
Other | 8,668 |  |  | 1,074 |  |  | 10,431 |  |  | 1,338 |  |  | 9,271 |  |  | 1,272 |
Total Foreign | 23,836 |  |  | 2,809 |  |  | 29,767 |  |  | 2,873 |  |  | 28,089 |  |  | 3,822 |
U.S. | 5,047 |  |  | 575 |  |  | 4,935 |  |  | 631 |  |  | 5,389 |  |  | 632 |
Total | $ | 28,883 |  |  | $ | 3,384 |  |  | $ | 34,702 |  |  | $ | 3,504 |  |  | $ | 33,478 |  |  | $ | 4,454 |
* Amount was less than 10% of total. (1)Excludes long-lived assets of $836 million classified as held for sale as of August 31, 2023. See Note 17 – “Business Acquisitions and Divestitures” for additional information. (2)Decrease in net revenue for the fiscal year ended August 31, 2024, is driven by the divestiture of the Mobility Business. See Note 17 – “Business Acquisitions and Divestitures” for additional information.

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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