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Concentration of Risk and Segment Data (Tables) | 9 Months Ended
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May 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Income | The following table sets forth operating segment information (in millions):
| Three months ended |  | Nine months ended
| May 31, 2024 |  | May 31, 2023 |  | May 31, 2024 |  | May 31, 2023
Segment income and reconciliation of income before income tax |  |  |  |  |  |  |
EMS | $ | 195 |  |  | $ | 226 |  |  | $ | 505 |  |  | $ | 629 |
DMS | 155 |  |  | 178 |  |  | 682 |  |  | 627 |
Total segment income | $ | 350 |  |  | $ | 404 |  |  | $ | 1,187 |  |  | $ | 1,256 |
Reconciling items: |  |  |  |  |  |  |
Amortization of intangibles | (12) |  |  | (7) |  |  | (27) |  |  | (24) |
Stock-based compensation expense and related charges | (3) |  |  | (18) |  |  | (72) |  |  | (80) |
Restructuring, severance and related charges(1) | (55) |  |  | — |  |  | (252) |  |  | (45) |
Business interruption and impairment charges, net(2) | (14) |  |  | — |  |  | (14) |  |  | — |
Gain from the divestiture of businesses(3) | — |  |  | — |  |  | 944 |  |  | — |
Acquisition and divestiture related charges(3) | (3) |  |  | — |  |  | (64) |  |  | — |
Other expense (net of periodic benefit cost) | (24) |  |  | (22) |  |  | (72) |  |  | (61) |
Interest expense, net | (38) |  |  | (51) |  |  | (132) |  |  | (154) |
Income before income tax | $ | 201 |  |  | $ | 306 |  |  | $ | 1,498 |  |  | $ | 892 |
(1)Charges recorded during the three months and nine months ended May 31, 2024, related to the 2024 Restructuring Plan. Charges recorded during the nine months ended May 31, 2023, related to headcount reduction to further optimize the Company’s business activities. (2)Charges recorded during the three months and nine months ended May 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 Condensed Consolidated Statements of Operations. (3)The Company completed the divestiture of its mobility business and recorded a pre-tax gain of $944 million, subject to certain post-closing adjustments that are still being finalized. The Company incurred transaction and disposal costs in connection with the sale of approximately $64 million during the nine months ended May 31, 2024.
Schedule of Revenues Disaggregated by Segment | The following table presents the Company’s revenues disaggregated by segment (in millions):
| Three months ended
| May 31, 2024 |  | May 31, 2023
| EMS |  | DMS |  | Total |  | EMS |  | DMS |  | Total
Timing of transfer |  |  |  |  |  |  |  |  |  |  |
Point in time | $ | 1,172 |  |  | $ | 559 |  |  | $ | 1,731 |  |  | $ | 1,120 |  |  | $ | 1,351 |  |  | $ | 2,471 |
Over time | 2,225 |  |  | 2,809 |  |  | 5,034 |  |  | 3,010 |  |  | 2,994 |  |  | 6,004 |
Total | $ | 3,397 |  |  | $ | 3,368 |  |  | $ | 6,765 |  |  | $ | 4,130 |  |  | $ | 4,345 |  |  | $ | 8,475 |
| Nine months ended
| May 31, 2024 |  | May 31, 2023
| EMS |  | DMS |  | Total |  | EMS |  | DMS |  | Total
Timing of transfer |  |  |  |  |  |  |  |  |  |  |
Point in time | $ | 3,473 |  |  | $ | 3,346 |  |  | $ | 6,819 |  |  | $ | 3,925 |  |  | $ | 5,047 |  |  | $ | 8,972 |
Over time | 6,847 |  |  | 8,253 |  |  | 15,100 |  |  | 8,802 |  |  | 8,470 |  |  | 17,272 |
Total | $ | 10,320 |  |  | $ | 11,599 |  |  | $ | 21,919 |  |  | $ | 12,727 |  |  | $ | 13,517 |  |  | $ | 26,244 |
Schedule of Foreign Source Revenue | The following table sets forth, for the periods indicated, foreign source revenue expressed as a percentage of net revenue:
| Three months ended |  | Nine months ended
| May 31, 2024(1) |  | May 31, 2023 |  | May 31, 2024(1) |  | May 31, 2023
Foreign source revenue | 80.5 | % |  | 86.9 | % |  | 83.4 | % |  | 85.6 | %
(1)Decrease from prior periods is driven by the divestiture of the mobility business during the three months ended February 29, 2024.

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