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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 30, 2023
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,550 $ 1,804
Accounts receivable, net of allowance for credit losses 3,693 3,647
Contract assets 1,090 1,035
Inventories, net of reserve for excess and obsolete inventory 5,124 5,206
Prepaid expenses and other current assets 1,235 1,109
Assets held for sale 1,962 1,929
Total current assets 14,654 14,730
Property, plant and equipment, net of accumulated depreciation of $4,612 as of November 30, 2023 and $4,512 as of August 31, 2023 3,134 3,137
Operating lease right-of-use asset 354 367
Goodwill 661 621
Intangible assets, net of accumulated amortization 177 142
Deferred income taxes 155 159
Other assets 279 268
Total assets 19,414 19,424
Current liabilities:    
Current installments of notes payable and long-term debt 0 0
Accounts payable 5,630 5,679
Accrued expenses 5,840 5,515
Current operating lease liabilities 96 104
Liabilities held for sale 1,464 1,397
Total current liabilities 13,030 12,695
Notes payable and long-term debt, less current installments 2,876 2,875
Other liabilities 342 319
Non-current operating lease liabilities 269 269
Income tax liabilities 118 131
Deferred income taxes 243 268
Total liabilities 16,878 16,557
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; 275,716,586 and 273,949,811 shares issued and 128,647,431 and 131,294,422 shares outstanding as of November 30, 2023 and August 31, 2023, respectively 0 0
Additional paid-in capital 2,827 2,795
Retained earnings 4,595 4,412
Accumulated other comprehensive loss (6) (17)
Treasury stock at cost, 147,069,155 and 142,655,389 shares as of November 30, 2023 and August 31, 2023, respectively (4,881) (4,324)
Total Jabil Inc. stockholders’ equity 2,535 2,866
Noncontrolling interests 1 1
Total equity 2,536 2,867
Total liabilities and equity $ 19,414 $ 19,424