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Concentration of Risk and Segment Data (Tables) | 12 Months Ended
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Aug. 31, 2025
Segment Reporting [Abstract] |
Schedules of Concentration of Risk, by Risk Factor | Sales to the following customers that accounted for 10% or more of the Company’s net revenues, expressed as a percentage of consolidated net revenue, and the percentage of accounts receivable for the customers, were as follows:
|  | Percentage of Net Revenue Fiscal Year Ended August 31, |  | Percentage of Accounts Receivable as of August 31,
|  | 2025 |  | 2024 |  | 2023 |  | 2025 |  | 2024
Customer A (1) |  | 16 | % |  | * |  | * |  | 24 | % |  | 17 | %
Customer B (2) |  | * |  | 11 | % |  | 17 | % |  | * |  | *
* Amount was less than 10% of total. (1)Sales to this customer were reported primarily in the Intelligent Infrastructure segment. (2)Sales to this customer were reported in the Connected Living and Digital Commerce segment.
Schedule of Segment Reporting Information, by Segment | The following tables set forth operating segment information (in millions):
| Fiscal Year Ended August 31,
| August 31, 2025 |  | August 31, 2024 |  | August 31, 2023
| Regulated Industries |  | Intelligent infrastructure |  | Connected Living and Digital Commerce |  | Total |  | Regulated Industries |  | Intelligent infrastructure |  | Connected Living and Digital Commerce |  | Total |  | Regulated Industries |  | Intelligent infrastructure |  | Connected Living and Digital Commerce |  | Total
Point in time | $ | 477 |  |  | $ | 6,299 |  |  | $ | 1,727 |  |  | $ | 8,503 |  |  | $ | 553 |  |  | $ | 4,464 |  |  | $ | 3,393 |  |  | $ | 8,410 |  |  | $ | 419 |  |  | $ | 5,005 |  |  | $ | 6,123 |  |  | $ | 11,547 |
Over time | 11,402 |  |  | 6,018 |  |  | 3,879 |  |  | 21,299 |  |  | 11,708 |  |  | 4,733 |  |  | 4,032 |  |  | 20,473 |  |  | 12,620 |  |  | 6,067 |  |  | 4,468 |  |  | 23,155 |
Net revenue | $ | 11,879 |  |  | $ | 12,317 |  |  | $ | 5,606 |  |  | $ | 29,802 |  |  | $ | 12,261 |  |  | $ | 9,197 |  |  | $ | 7,425 |  |  | $ | 28,883 |  |  | $ | 13,039 |  |  | $ | 11,072 |  |  | $ | 10,591 |  |  | $ | 34,702 |
Segment expenses | $ | 11,236 |  |  | $ | 11,653 |  |  | $ | 5,293 |  |  | $ | 28,182 |  |  | $ | 11,606 |  |  | $ | 8,728 |  |  | $ | 6,961 |  |  | $ | 27,295 |  |  | $ | 12,392 |  |  | $ | 10,520 |  |  | $ | 10,057 |  |  | $ | 32,969 |
Segment income | $ | 643 |  |  | $ | 664 |  |  | $ | 313 |  |  | $ | 1,620 |  |  | $ | 655 |  |  | $ | 469 |  |  | $ | 464 |  |  | $ | 1,588 |  |  | $ | 647 |  |  | $ | 552 |  |  | $ | 534 |  |  | $ | 1,733 |
Segment income margin | 5.4 | % |  | 5.4 | % |  | 5.6 | % |  | 5.4 | % |  | 5.3 | % |  | 5.1 | % |  | 6.2 | % |  | 5.5 | % |  | 5.0 | % |  | 5.0 | % |  | 5.0 | % |  | 5.0 | %
Schedule of Segment Income and Reconciliation of Income Before Income Tax |
|  | Fiscal Year Ended August 31,
|  | 2025 |  | 2024 |  | 2023
Segment income |  | $ | 1,620 |  |  | $ | 1,588 |  |  | $ | 1,733 |
Reconciling items: |  |  |  |  |  |
Amortization of intangibles |  | (62) |  |  | (40) |  |  | (33) |
Stock-based compensation expense and related charges |  | (107) |  |  | (89) |  |  | (95) |
Restructuring, severance and related charges(1) |  | (181) |  |  | (296) |  |  | (57) |
Business interruption and impairment charges, net(2) |  | (8) |  |  | (16) |  |  | — |
(Loss) gain from the divestiture of businesses(3) |  | (53) |  |  | 942 |  |  | — |
Acquisition and divestiture related charges |  | (20) |  |  | (70) |  |  | — |
Loss on securities(4) |  | (46) |  |  | — |  |  | — |
Other expense (net of periodic benefit cost) |  | (104) |  |  | (95) |  |  | (80) |
Interest expense, net |  | (147) |  |  | (173) |  |  | (206) |
Income before income tax |  | $ | 892 |  |  | $ | 1,751 |  |  | $ | 1,262 |
(1)Charges recorded during the fiscal year ended August 31, 2025 and 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively. 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 ended August 31, 2025, relate primarily to costs associated with damage from Hurricanes Helene and Milton, which impacted our operations in St. Petersburg, Florida, and Asheville and Hendersonville, North Carolina. Charges recorded during the fiscal year ended August 31, 2024, related to costs associated with product quality liabilities. Charges recorded during the fiscal years ended August 31, 2025, and 2024, are classified as a component of cost of revenue and selling, general and administrative expenses in the Consolidated Statements of Operations. (3)Charges recorded during the fiscal year ended August 31, 2025, relate primarily to a pre-tax loss of $97 million recognized for the divestiture of the Company’s operations in Italy. The Company completed the divestiture of the Mobility Business and recorded a pre-tax gain of $942 million during the fiscal year ended August 31, 2024. Certain post-closing adjustments were realized in March 2025, which resulted in the recognition of a $54 million pre-tax gain during the fiscal year ended August 31, 2025. (4)Charges recorded during the fiscal year ended August 31, 2025, relate to an impairment of an investment in Preferred Stock.
Schedule of Segment Assets |
|  | August 31, 2025 |  | August 31, 2024
Total assets: |  |  |  |
Regulated Industries |  | $ | 6,262 |  |  | $ | 5,855 |
Intelligent Infrastructure |  | 3,739 |  |  | 2,624 |
Connected Living and Digital Commerce |  | 2,199 |  |  | 2,297 |
Other non-allocated assets |  | 6,343 |  |  | 6,575 |
Total |  | $ | 18,543 |  |  | $ | 17,351 |
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,
| 2025 |  | 2024 |  | 2023
| Net Revenue |  | Long-Lived Assets |  | Net Revenue |  | Long-Lived Assets |  | Net Revenue |  | Long-Lived Assets
Mexico | $ | 5,689 |  |  | $ | 514 |  |  | $ | 5,872 |  |  | $ | 647 |  |  | $ | 6,083 |  |  | $ | 670 |
China | 4,196 |  |  | 635 |  |  | 4,810 |  |  | 736 |  |  | 5,868 |  |  | 865 |
Malaysia | 3,644 |  |  | 358 |  |  | * |  | 352 |  |  | * |  | *
Singapore(1) | * |  | * |  | 4,486 |  |  | * |  | 7,385 |  |  | *
Other | 8,829 |  |  | 1,170 |  |  | 8,668 |  |  | 1,074 |  |  | 10,431 |  |  | 1,338 |
Total Foreign | 22,358 |  |  | 2,677 |  |  | 23,836 |  |  | 2,809 |  |  | 29,767 |  |  | 2,873 |
U.S.(2) | 7,444 |  |  | 632 |  |  | 5,047 |  |  | 575 |  |  | 4,935 |  |  | 631 |
Total | $ | 29,802 |  |  | $ | 3,309 |  |  | $ | 28,883 |  |  | $ | 3,384 |  |  | $ | 34,702 |  |  | $ | 3,504 |
* Amount was less than 10% of total. (1)Decrease in net revenue from prior periods is primarily driven by the divestiture of the Mobility Business during the fiscal year ended August 31, 2024. (2)Increase in net revenue from prior periods is primarily driven by domestic revenue growth in our Intelligent Infrastructure segment during the fiscal year ended August 31, 2025.

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