JABIL INC, 10-K filed on 10/17/2025
Annual Report
v3.25.3
Cover - USD ($)
$ in Billions
 12 Months Ended
Aug. 31, 2025
Oct. 10, 2025
Feb. 28, 2025
Cover [Abstract]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Aug. 31, 2025    
Current Fiscal Year End Date --08-31    
Document Transition Report false    
Entity File Number 001-14063    
Entity Registrant Name JABIL INC    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 38-1886260    
Entity Address, Address Line One 10800 Roosevelt Boulevard North    
Entity Address, City or Town St. Petersburg    
Entity Address, State or Province FL    
Entity Address, Postal Zip Code 33716    
City Area Code 727    
Local Phone Number 577-9749    
Title of 12(b) Security Common Stock, $0.001 par value per share    
Trading Symbol JBL    
Security Exchange Name NYSE    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 14.4
Entity Common Stock, Shares Outstanding   106,837,337  
Documents Incorporated by Reference
DOCUMENTS INCORPORATED BY REFERENCE
We have incorporated by reference portions of our Proxy Statement for our annual meeting of shareholders expected to be held on January 22, 2026, into Part III hereof, to the extent indicated herein.
    
Amendment Flag false    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Central Index Key 0000898293    
v3.25.3
Audit Information
 12 Months Ended
Aug. 31, 2025
Auditor Information [Abstract]  
Auditor Name Ernst & Young LLP
Auditor Location Tampa, Florida
Auditor Firm ID 42
v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,933 $ 2,201
Accounts receivable, net of allowance for credit losses 4,039 3,533
Contract assets 1,057 1,071
Inventories, net of reserve for excess and obsolete inventory 4,681 4,276
Prepaid expenses and other current assets 2,010 1,710
Total current assets 13,720 12,791
Property, plant and equipment, net of accumulated depreciation 2,847 3,024
Operating lease right-of-use assets 462 360
Goodwill 841 661
Intangible assets, net of accumulated amortization 273 143
Deferred income taxes 141 96
Other assets 259 276
Total assets 18,543 17,351
Current liabilities:    
Current installments of notes payable and long-term debt 499 0
Accounts payable 7,937 6,190
Accrued expenses 5,185 5,499
Current operating lease liabilities 93 93
Total current liabilities 13,714 11,782
Notes payable and long-term debt, less current installments 2,386 2,880
Other liabilities 345 416
Non-current operating lease liabilities 388 284
Income tax liabilities 113 109
Deferred income taxes 80 143
Total liabilities 17,026 15,614
Commitments and contingencies
Jabil Inc. stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value, authorized 500,000,000 shares; 278,092,060 and 276,381,151 shares issued and 107,480,895 and 113,744,167 shares outstanding at August 31, 2025 and August 31, 2024, respectively 0 0
Additional paid-in capital 3,047 2,841
Retained earnings 6,382 5,760
Accumulated other comprehensive loss (17) (46)
Treasury stock at cost, 170,611,165 and 162,636,984 shares as of August 31, 2025 and August 31, 2024, respectively (7,899) (6,818)
Total Jabil Inc. stockholders’ equity 1,513 1,737
Noncontrolling interests 4 0
Total equity 1,517 1,737
Total liabilities and equity $ 18,543 $ 17,351
v3.25.3
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Aug. 31, 2025
Aug. 31, 2024
Statement of Financial Position [Abstract]    
Preferred stock, par value (in usd per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 10,000,000 10,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in usd per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, shares issued (in shares) 278,092,060 276,381,151
Common stock, shares outstanding (in shares) 107,480,895 113,744,167
Treasury stock at cost, shares (in shares) 170,611,165 162,636,984
v3.25.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Income Statement [Abstract]      
Net revenue $ 29,802 $ 28,883 $ 34,702
Cost of revenue 27,156 26,207 31,835
Gross profit 2,646 2,676 2,867
Operating expenses:      
Selling, general and administrative 1,122 1,160 1,206
Research and development 26 39 34
Amortization of intangibles 62 40 33
Restructuring, severance and related charges 181 296 57
Loss (gain) from the divestiture of businesses 53 (942) 0
Acquisition and divestiture related charges 20 70 0
Operating income 1,182 2,013 1,537
Loss on securities 46 0 0
Other expense 97 89 69
Interest expense, net 147 173 206
Income before income tax 892 1,751 1,262
Income tax expense 235 363 444
Net income 657 1,388 818
Net income attributable to noncontrolling interests, net of tax 0 0 0
Net income attributable to Jabil Inc. $ 657 $ 1,388 $ 818
Earnings per share attributable to the stockholders of Jabil Inc.:      
Basic (in usd per share) $ 6.00 $ 11.34 $ 6.15
Diluted (in usd per share) $ 5.92 $ 11.17 $ 6.02
Weighted average shares outstanding:      
Basic (in shares) 109.5 122.4 133.0
Diluted (in shares) 110.9 124.3 135.9
v3.25.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income $ 657 $ 1,388 $ 818
Other comprehensive income (loss):      
Change in foreign currency translation 16 (5) 25
Change in derivative instruments 19 (2) 17
Actuarial loss (11) (17) (19)
Prior service credit (cost) 5 (5) 2
Total other comprehensive income (loss) 29 (29) 25
Comprehensive income 686 1,359 843
Comprehensive income attributable to noncontrolling interests 0 0 0
Comprehensive income attributable to Jabil Inc. $ 686 $ 1,359 $ 843
v3.25.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common stock:
Additional paid-in capital:
Retained earnings:
Accumulated other comprehensive loss:
Treasury stock:
Noncontrolling interests:
Beginning balance at Aug. 31, 2022 $ 2,452   $ 2,655 $ 3,638 $ (42) $ (3,800) $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued under employee stock purchase plan     51        
Treasury shares purchased (487)         (487)  
Recognition of stock-based compensation     89        
Declared dividends       (44)      
Net income attributable to Jabil Inc. 818     818      
Total other comprehensive income (loss) 25       25    
Purchases of treasury stock under employee stock plans           (36)  
Excise taxes related to treasury shares purchased           (1)  
Ending balance at Aug. 31, 2023 2,867 $ 0 2,795 4,412 (17) (4,324) 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued under employee stock purchase plan     58        
Disposition (purchase) of noncontrolling interest     (2)        
Treasury shares purchased (1,445)   (96)     (2,404)  
Recognition of stock-based compensation     86        
Declared dividends       (40)      
Net income attributable to Jabil Inc. 1,388     1,388      
Total other comprehensive income (loss) (29)       (29)    
Purchases of treasury stock under employee stock plans           (68)  
Excise taxes related to treasury shares purchased           (22)  
Purchase of noncontrolling interest             (1)
Ending balance at Aug. 31, 2024 1,737 0 2,841 5,760 (46) (6,818) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued under employee stock purchase plan     62        
Disposition (purchase) of noncontrolling interest     2        
Treasury shares purchased (377)   30     (1,030)  
Recognition of stock-based compensation     104        
Reclassification of liability award     4        
Provision for common stock warrant     4        
Declared dividends       (35)      
Net income attributable to Jabil Inc. 657     657      
Total other comprehensive income (loss) 29       29    
Purchases of treasury stock under employee stock plans           (42)  
Excise taxes related to treasury shares purchased           (9)  
Capital contribution of noncontrolling interest             4
Ending balance at Aug. 31, 2025 $ 1,517 $ 0 $ 3,047 $ 6,382 $ (17) $ (7,899) $ 4
v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Cash flows provided by operating activities:      
Net income $ 657 $ 1,388 $ 818
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 674 696 924
Restructuring and related charges 88 95 5
Recognition of stock-based compensation expense and related charges 107 89 95
Deferred income taxes (124) (64) 85
Loss (gain) from the divestiture of businesses 53 (942) 0
Other, net (2) (18) 13
Change in operating assets and liabilities, exclusive of net assets acquired:      
Accounts receivable (504) (200) 267
Contract assets 22 (32) 171
Inventories (431) 1,179 370
Prepaid expenses and other current assets (310) (587) (214)
Other assets (16) 6 53
Accounts payable, accrued expenses and other liabilities 1,426 106 (853)
Net cash provided by operating activities 1,640 1,716 1,734
Cash flows (used in) provided by investing activities:      
Acquisition of property, plant and equipment (468) (784) (1,030)
Proceeds and advances from sale of property, plant and equipment 146 123 322
Cash paid for business and intangible asset acquisitions, net of cash (392) (90) (29)
Proceeds from the divestiture of businesses, net of cash 7 2,108 50
Other, net (7) (6) (36)
Net cash (used in) provided by investing activities (714) 1,351 (723)
Cash flows used in financing activities:      
Borrowings under debt agreements 1,844 1,992 4,047
Payments toward debt agreements (1,986) (2,103) (4,204)
Payments to acquire treasury stock (1,000) (2,500) (487)
Dividends paid to stockholders (36) (42) (45)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 62 58 51
Treasury stock minimum tax withholding related to vesting of restricted stock (42) (68) (36)
Other, net (46) (5) (6)
Net cash used in financing activities (1,204) (2,668) (680)
Effect of exchange rate changes on cash and cash equivalents 10 (2) (5)
Net (decrease) increase in cash and cash equivalents (268) 397 326
Cash and cash equivalents at beginning of period 2,201 1,804 1,478
Cash and cash equivalents at end of period 1,933 2,201 1,804
Supplemental disclosure information:      
Interest paid, net of capitalized interest 162 167 211
Income taxes paid, net of refunds received $ 330 $ 502 $ 319
v3.25.3
Description of Business and Summary of Significant Accounting Policies
 12 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
Description of Business and Summary of Significant Accounting Policies Description of Business and Summary of Significant Accounting Policies
Jabil Inc. (together with its subsidiaries, herein referred to as the “Company”) is one of the leading providers of manufacturing services and solutions. The Company provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. The Company’s services combine a highly automated, continuous flow manufacturing approach with advanced electronic design and design for manufacturability technologies. The Company is headquartered in St. Petersburg, Florida and has manufacturing operations principally in the Americas, Europe, and Asia.
Significant accounting policies followed by the Company are as follows:
Principles of Consolidation and Basis of Presentation
The consolidated financial statements include the accounts and operations of the Company, and its wholly owned and majority-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in preparing the consolidated financial statements. The Company has made certain reclassification adjustments to conform prior periods’ Consolidated Financial Statements and Notes to the Consolidated Financial Statements to the current presentation.
Use of Accounting Estimates
Management is required to make estimates and assumptions during the preparation of the consolidated financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from these estimates and assumptions.
Assets Held for Sale
The Company classifies assets and related liabilities as held for sale when: (i) management has committed to a plan to sell the net assets, (ii) the net assets are available for immediate sale, (iii) there is an active program to locate a buyer, (iv) the sale and transfer of the net assets is probable within one year, (v) the net assets are being actively marketed for sale at price that is reasonable in relation to its current fair value, and (vi) it is unlikely that significant changes will be made to the plan to sell the net assets. Assets and liabilities held for sale are presented separately on our consolidated balance sheets at the lower of cost or fair value, less costs to sell. Depreciation and amortization expense for long-lived assets are not recorded while these assets are classified as held for sale. For each period that assets are classified as being held for sale, they are tested for recoverability. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
Cash and Cash Equivalents
Cash equivalents consist of investments that are readily convertible to cash with original maturities of 90 days or less.
Accounts Receivable
Accounts receivable consist of trade receivables and other miscellaneous receivables. The Company maintains an allowance for credit losses based on historical losses, the age of past due receivables, credit quality of our customers, current economic conditions, and other factors that may affect our ability to collect from customers. Bad debts are charged to this allowance after all attempts to collect the balance are exhausted. As the financial condition and circumstances of the Company’s customers change, adjustments to the allowance for credit losses are made as necessary.
Contract Balances
Timing of revenue recognition may differ from the timing of invoicing to customers. The Company records an asset when revenue is recognized prior to invoicing a customer (“contract assets”) while a liability is recognized when a customer provides consideration prior to the Company transferring control of the goods or services (“contract liabilities”). Amounts recognized as contract assets are generally transferred to receivables in the succeeding quarter due to the short-term nature of the manufacturing cycle. Contract assets are classified separately on the Consolidated Balance Sheets and transferred to receivables when right to payment becomes unconditional.
The Company maintains an allowance for credit losses related to contract assets based on historical losses, credit quality of our customers, current economic conditions, and other factors that may affect our ability to collect from our customers.
Inventories
Inventories are stated at the lower of cost (on a first in, first out (FIFO) basis) and net realizable value. Inventory is valued based on current and forecasted usage, customer inventory-related contractual obligations and other lower of cost and net realizable value considerations. If actual market conditions or customer product demands are less favorable than those projected, additional valuation adjustments may be necessary.
Fulfillment Costs    
The Company capitalizes costs incurred to fulfill its contracts that i) relate directly to the contract or anticipated contracts, ii) are expected to generate or enhance the Company’s resources that will be used to satisfy the performance obligation under the contract, and iii) are expected to be recovered through revenue generated from the contract. Capitalized fulfillment costs are amortized to cost of revenue as the Company satisfies the related performance obligations under the contract with approximate lives ranging from 1 year to 3 years. These costs, which are included in prepaid expenses and other current assets and other assets on the Consolidated Balance Sheets, generally represent upfront costs incurred to prepare for manufacturing activities.
The Company assesses the capitalized fulfillment costs for impairment at the end of each reporting period. The Company will recognize an impairment loss to the extent the carrying amount of the capitalized costs exceeds the recoverable amount. Recoverability is assessed by considering the capitalized fulfillment costs in relation to the forecasted profitability of the related manufacturing performance obligations.
As of August 31, 2025, and 2024, capitalized costs to fulfill were $98 million and $141 million, respectively. Amortization of fulfillment costs were $62 million, $80 million, and $91 million during the fiscal years ended August 31, 2025, 2024, and 2023, respectively. Immaterial impairments for fulfillment costs were recognized during the fiscal years ended August 31, 2025, 2024, and 2023, respectively.
Property, Plant and Equipment, net
Property, plant and equipment is capitalized at cost and depreciated using the straight-line depreciation method over the estimated useful lives of the respective assets. Estimated useful lives for major classes of depreciable assets are as follows:
Asset ClassEstimated Useful Life
Buildings
Up to 35 years
Leasehold improvementsShorter of lease term or useful life of the improvement
Machinery and equipment
2 to 15 years
Furniture, fixtures and office equipment5 years
Computer hardware and software
3 to 7 years
Transportation equipment3 years
Maintenance and repairs are expensed as incurred. The cost and related accumulated depreciation of assets sold or retired is removed from the accounts and any resulting gain or loss is reflected in the Consolidated Statements of Operations as a component of operating income.
Leases
The Company primarily has leases for buildings, machinery, and equipment with lease terms ranging from 1 year to 31 years. Leases for other classes of assets are not significant. For any leases with an initial term in excess of 12 months, the Company determines whether an arrangement is a lease at contract inception by evaluating if the contract conveys the right to use and control the specific property or equipment. Certain lease agreements contain purchase or renewal options. These options are included in the lease term when it is reasonably certain that the Company will exercise that option. Generally, the Company’s lease agreements do not contain material restrictive covenants.
Right-of-use assets represent the right to use an underlying asset for the lease term and lease liabilities represent an obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized based on the present value of future lease payments over the lease term at the lease commencement date. When determining the present value of future payment, the Company uses the incremental borrowing rate when the implicit rate is not readily determinable. Any payment deemed probable under residual value guarantees is included in lease payments. Any variable payments, other than those that depend on an index or rate, are excluded from right-of-use assets and lease liabilities.
Leases with an initial term of 12 months or less are not recorded as right-of-use assets and lease liabilities in the Consolidated Balance Sheets. Lease expense for these leases is recognized on a straight-line basis over the lease term. The Company has elected the practical expedient to combine lease and non-lease components for building and real estate leases.
Certain equipment and buildings held under finance leases are classified as property, plant and equipment and the related obligation is recorded as accrued expenses and other liabilities on the Consolidated Balance Sheets.
Goodwill and Other Intangible Assets
The Company accounts for goodwill in a business combination as the excess of the cost over the fair value of net assets acquired and is assigned to the reporting unit in which the acquired business will operate. The Company tests goodwill and indefinite-lived intangible assets for impairment during the fourth quarter of each fiscal year or whenever events or changes in circumstances indicate the carrying amount may not be recoverable.
The recoverability of goodwill is measured at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair value of the reporting unit. The Company may elect to perform a qualitative assessment to determine whether it is more likely than not that a reporting unit is impaired. If the qualitative assessment is not performed or if the Company determines that it is not more likely than not that the fair value of the reporting unit exceeds the carrying value, the Company determines the fair value of its reporting units based on an average weighting of both projected discounted future results and the use of comparative market multiples. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a loss recognized in the amount equal to that excess.
The recoverability of indefinite-lived intangible assets is measured by comparing the carrying amount to the fair value. The Company may elect to perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible is impaired. If the qualitative assessment is not performed or if the Company determines that it is not more likely than not that the fair value of an indefinite-lived intangible exceeds the carrying value, the Company determines the fair value principally based on a variation of the income approach, known as the relief from royalty method. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, the indefinite-lived intangible asset is considered impaired.
Business combinations can also result in other intangible assets being recognized. Finite-lived intangible assets are amortized on either a straight-line or accelerated basis over their estimated useful life and include contractual agreements and customer relationships, tradenames and intellectual property. No significant residual values are estimated for the amortizable intangible assets.
Long-lived Assets
Long-lived assets, such as property, plant, and equipment, and finite-lived intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. Recoverability of the asset or asset group is measured by comparing its carrying amount to the undiscounted future net cash flows the asset is expected to generate. If the carrying amount of an asset or asset group is not recoverable, the Company recognizes an impairment loss based on the excess of the carrying amount of the long-lived asset or asset group over its respective fair value, which is generally determined as the present value of estimated future cash flows or as the appraised value.
Derivative Instruments
All derivative instruments are recorded gross on the Consolidated Balance Sheets at their respective fair values. The accounting for changes in the fair value of a derivative instrument depends on the intended use and designation of the derivative instrument.
For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative and the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized immediately in current earnings. For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative instrument is initially reported as a component of AOCI, net of tax, and is subsequently reclassified into the line item within the Consolidated Statements of Operations in which the hedged items are recorded in the same period in which the hedged item affects earnings. The ineffective and excluded portions of the gain or loss is recognized immediately in current earnings. For derivative instruments that are designated and qualify as a net investment hedge, the effective portion of the gain or loss on the derivative instrument is included in change in foreign currency translation in OCI to offset the change in the carrying value of the net investment being hedged until the complete or substantially complete liquidation of the hedged foreign operation. The ineffective and excluded portions of the gain or loss is recognized immediately in current earnings. For derivative instruments that are not designated as hedging instruments, gains and losses from changes in fair values are recognized immediately in current earnings. Cash receipts and cash payments related to derivative instruments are recorded in the same category as the cash flows from the items being hedged on the Consolidated Statements of Cash Flows.
See Note 11 – “Derivative Financial Instruments and Hedging Activities” for additional information.
Foreign Currency Transactions
For the Company’s foreign subsidiaries that use a currency other than the U.S. dollar as their functional currency, the assets and liabilities are translated at exchange rates in effect at the balance sheet date, and revenues and expenses are translated at the average exchange rate for the period. The effects of these translation adjustments are reported in accumulated other comprehensive income. Gains and losses arising from transactions denominated in a currency other than the functional currency of the entity involved are included in operating income.
Revenue Recognition
The Company provides comprehensive electronics design, production and product management services to companies in various industries and end markets. The Company derives substantially all of its revenue from production and product management services (collectively referred to as “manufacturing services”), which encompasses the act of producing tangible products that are built to customer specifications, which are then provided to the customer.
The Company generally enters into manufacturing service contracts with its customers that provide the framework under which business will be conducted and customer purchase orders will be received for specific quantities and with predominantly fixed pricing. As a result, the Company considers its contract with a customer to be the combination of the manufacturing service contract and the purchase order, or any agreements or other similar documents.
The majority of the Company's manufacturing service contracts relate to manufactured products which have no alternative use and for which the Company has an enforceable right to payment for the work completed to date. As a result, revenue is recognized over time when or as the Company transfers control of the promised products or services (known as performance obligations) to its customers. For certain other contracts with customers that do not meet the over time revenue recognition criteria, transfer of control occurs at a point in time which generally occurs upon delivery and transfer of risk and title to the customer.
Most of the Company's contracts have a single performance obligation as the promise to transfer the individual manufactured product or service is capable of being distinct and is distinct within the context of the contract. For the majority of customers, performance obligations are satisfied over time based on the continuous transfer of control as manufacturing services are performed and are generally completed in less than one year.
The Company also derives revenue to a lesser extent from electronic design services to certain customers. Revenue from electronic design services is generally recognized over time as the services are performed.
For the Company’s over time customers, it believes the measure of progress which best depicts the transfer of control is based on costs incurred to date, relative to total estimated cost at completion (i.e., an input method). This method is a faithful depiction of the transfer of goods or services because it results in the recognition of revenue on the basis of the Company's to-date efforts in the satisfaction of a performance obligation relative to the total expected efforts in the satisfaction of the performance obligation. The transaction price of each performance obligation is generally based upon the contractual standalone selling price of the product or service.
Certain contracts with customers include variable consideration, such as periodic cost of materials adjustments, rebates, discounts, or returns. The Company recognizes estimates of this variable consideration that are not expected to result in a significant revenue reversal in the future, primarily based on the most likely level of consideration to be paid to the customer under the specific terms of the underlying programs.
The Company is responsible for procuring certain components for the manufacturing of finished goods at the direction of certain customers. If the Company does not obtain control of these components before they are transferred to the customer, the Company accounts for revenue and cost of revenue associated with such components on a net basis. Revenue and cost of revenue associated with components procured directly from customers is accounted for on a net basis if the components do not constitute a distinct good or service from the customer. As of August 31, 2025, and 2024, the Company had $1.1 billion and $734 million, respectively, of components included in prepaid expenses and other current assets in the Company’s Consolidated Balance Sheets, related to purchases made to procure components for customers whereby the associated revenue is expected to be accounted for on a net basis once transferred to the customer.
Taxes collected from the Company’s customers and remitted to governmental authorities are presented within the Company’s Consolidated Statements of Operations on a net basis and are excluded from the transaction price. The Company has elected to account for shipping and handling activities related to contracts with customers as costs to fulfill the promise to transfer the goods. Accordingly, the Company records customer payments of shipping and handling costs as a component of net revenue and classifies such costs as a component of cost of revenue.
The Company accounts for the warrant issued to Amazon.com NV Investment Holdings LLC as an equity instrument within additional paid-in-capital at its estimated fair value on the Consolidated Balance Sheets, and the provision for the warrant is recorded as a reduction to revenue on the Consolidated Statements of Operations. To estimate the fair value of the warrant, the Company used the Black-Scholes option pricing model, which is based on assumptions that require management to use judgement. Based on the estimated fair value, the Company determined the amount of provision for common stock warrant, which is amortized ratably as a reduction to revenue based on the Company’s estimate of revenue over the warrant term. Refer to Note 13 – “Stockholders’ Equity” to the Consolidated Financial Statements for further details.
Stock-Based Compensation
The Company recognizes stock-based compensation expense, reduced for estimated forfeitures, on a straight-line basis over the requisite service period of the award, which is generally the vesting period for outstanding stock awards.
The stock-based compensation expense for time-based and performance-based restricted stock unit awards (“restricted stock units”) is measured at fair value on the date of grant based on the number of shares expected to vest and the quoted market price of the Company’s common stock. For restricted stock units with performance conditions, stock-based compensation expense is originally based on the number of shares that would vest if the Company achieved 100% of the performance goal, which is the intended outcome at the grant date. Throughout the requisite service period, management monitors the probability of achievement of the performance condition. If it becomes probable, based on the Company’s performance, that more or less than the current estimate of the awarded shares will vest, an adjustment to stock-based compensation expense will be recognized as a change in accounting estimate in the period that such probability changes.
The stock-based compensation expense for market-based restricted stock units is measured at fair value on the date of grant. The market conditions are considered in the grant date fair value using a Monte Carlo valuation model, which utilizes multiple input variables to determine the probability of the Company achieving the specified market conditions. Stock-based compensation expense related to an award with a market condition will be recognized over the requisite service period regardless of whether the market condition is satisfied, provided that the requisite service period has been completed.
The Company currently expects to satisfy share-based awards with registered shares available to be issued.
See Note 13 – “Stockholders’ Equity” for further discussion of stock-based compensation expense.
Income Taxes
Deferred tax assets (“DTAs”) and liabilities (“DTLs”) are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. DTAs and DTLs are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on DTAs and DTLs of a change in the tax rate is recognized in income in the period that includes the enactment date of the rate change. The Company records a valuation allowance to reduce its DTAs to the amount that is more likely than not to be realized. The Company considers future taxable income and ongoing feasible tax planning strategies in assessing the need for the valuation allowance.
The Company records the effects of the Global Intangible Low-Taxed Income (“GILTI”) as a period cost and applies the incremental cash tax savings approach when analyzing the impact GILTI could have on its U.S. valuation allowance.  The incremental cash tax savings approach considers the realizable benefit of a net operating loss and deferred tax assets by comparing the incremental cash taxes in the calculation of GILTI with and without the net operating loss and other DTAs.
Earnings Per Share
The Company calculates its basic earnings per share by dividing net income attributable to Jabil Inc. by the weighted average number of shares of common stock outstanding during the period. The Company’s diluted earnings per share is calculated in a similar manner but includes the effect of dilutive securities. The difference between the weighted average number of basic shares outstanding and the weighted average number of diluted shares outstanding is primarily due to dilutive unvested restricted stock units.
Potential shares of common stock are excluded from the computation of diluted earnings per share when their effect would be antidilutive. Performance-based restricted stock units are considered dilutive when the related performance criterion have been met assuming the end of the reporting period represents the end of the performance period. Market-based restricted stock units are considered dilutive when the related market criterion have been met assuming the end of the reporting period represents the end of the performance period. All potential shares of common stock are antidilutive in periods of net loss. Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):
 Fiscal Year Ended August 31,
 202520242023
Restricted stock units202.6 343.6 383.1 
Fair Value of Financial Instruments
Fair value is categorized in one of three levels based on the lowest level of significant input used. Level 1 – quoted market prices in active markets for identical assets and liabilities; Level 2 – inputs other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 – unobservable inputs for the asset or liability.
v3.25.3
Trade Accounts Receivable Sale Programs
 12 Months Ended
Aug. 31, 2025
Transfers and Servicing [Abstract]  
Trade Accounts Receivable Sale Programs Trade Accounts Receivable Sale Programs
The Company regularly sells designated pools of high credit quality trade accounts receivable under uncommitted trade accounts receivable sale programs to unaffiliated financial institutions without recourse. As these accounts receivable are sold without recourse, the Company does not retain the associated risks following the transfer of such accounts receivable to the respective financial institutions. The Company continues servicing the receivables sold and in exchange receives an immaterial servicing fee under each of the trade accounts receivable sale programs. The Company does not record a servicing asset or liability on the Consolidated Balance Sheets as the Company estimates that the fee it receives to service these receivables approximates the fair market compensation to provide the servicing activities.
In conjunction with the trade accounts receivable sale programs, the Company is required to remit amounts collected as a servicer under the trade accounts receivable sale programs to the unaffiliated financial institutions that purchased the receivables. The outstanding balance of receivables sold and not yet collected on accounts where the Company has continuing involvement was approximately $927 million and $367 million as of August 31, 2025, and 2024, respectively. Transfers of the receivables under the trade accounts receivable sale programs are accounted for as sales and, accordingly, net receivables sold
under the trade accounts receivable sale programs are excluded from accounts receivable on the Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Consolidated Statements of Cash Flows.
The following is a summary of the Company’s uncommitted trade accounts receivable sale programs with unaffiliated financial institutions where the Company may elect to sell receivables and the unaffiliated financial institution may elect to purchase, at a discount, on an ongoing basis (in millions):
Program
Maximum Amount(1)(2)
A
$350 
B
$100 
C
1,900 
CNY
D
$230 
E
$170 
F
$75 
G
$100 
H
$2,000 
I
$250 
J
$250 
(1)Maximum amount of trade accounts receivable that may be sold under a facility at any one time.
(2)The trade accounts receivable sale programs either expire on various dates through 2028 or do not have expiration dates and may be terminated upon election of the Company or the unaffiliated financial institutions.
In connection with the trade accounts receivable sale programs, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$11,358 $8,214 $10,784 
Cash proceeds received$11,300 $8,170 $10,748 
Pre-tax losses on sale of receivables(1)
$58 $44 $36 
(1)Recorded to other expense within the Consolidated Statements of Operations.
Asset-Backed Securitization Program
Certain Jabil entities participating in the global asset-backed securitization program continuously sell designated pools of trade accounts receivable to a special purpose entity, which in turn sells certain of the receivables at a discount to conduits administered by an unaffiliated financial institution on a monthly basis. In addition, the foreign entity participating in the global asset-backed securitization program sells certain receivables at a discount to conduits administered by an unaffiliated financial institution on a daily basis. As these accounts receivable are sold without recourse, the Company does not retain the associated risks following the transfer of such accounts receivable to the respective financial institutions.
The Company continues servicing the receivables sold and in exchange receives an immaterial servicing fee under the global asset-backed securitization program. In conjunction with the global asset-backed securitization program, the Company is required to remit amounts collected as a servicer under the global asset-backed securitization program to a special purpose
entity. The Company does not record a servicing asset or liability on the Consolidated Balance Sheets as the Company estimates that the fee it receives to service these receivables approximates the fair market compensation to provide the servicing activities.
The special purpose entity in the global asset-backed securitization program is a wholly-owned subsidiary of the Company and is included in the Company’s Consolidated Financial Statements. Certain unsold receivables covering up to the maximum amount of net cash proceeds available under the domestic, or U.S., portion of the global asset-backed securitization program are pledged as collateral to the unaffiliated financial institution as of August 31, 2025.
Effective January 23, 2025, the terms of the global asset-backed securitization program were amended to extend the termination date from January 2025 to January 2028. The maximum amount of net cash proceeds available at any one time is $700 million.
The outstanding balance of receivables sold and not yet collected on accounts where the Company has continuing involvement was approximately $372 million and $338 million as of August 31, 2025, and 2024, respectively. Transfers of the receivables under the asset-backed securitization program are accounted for as sales and, accordingly, net receivables sold under the asset-backed securitization program are excluded from accounts receivable on the Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Consolidated Statements of Cash Flows.
In connection with the asset-backed securitization program, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$4,152 $4,000 $4,101 
Cash proceeds received(1)
$4,111 $3,953 $4,061 
Pre-tax losses on sale of receivables(2)
$41 $47 $40 
(1)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.
(2)Recorded to other expense within the Consolidated Statements of Operations.
The global asset-backed securitization program requires compliance with several covenants including compliance with the interest ratio and debt to EBITDA ratio of the Revolving Credit Facility. As of August 31, 2025, 2024, and 2023, the Company was in compliance with all covenants under the global asset-backed securitization program.
v3.25.3
Inventories
 12 Months Ended
Aug. 31, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following (in millions):
August 31, 2025August 31, 2024
Raw materials$3,905 $3,903 
Work in process335 190 
Finished goods508 246 
Reserve for excess and obsolete inventory(67)(63)
Inventories, net$4,681 $4,276 
v3.25.3
Property, Plant and Equipment
 12 Months Ended
Aug. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consists of the following (in millions):
 August 31, 2025August 31, 2024
Land and improvements$95 $108 
Buildings1,486 1,451 
Leasehold improvements714 681 
Machinery and equipment4,122 4,125 
Furniture, fixtures and office equipment219 218 
Computer hardware and software800 824 
Transportation equipment25 7 
Construction in progress(1)
356 346 
Property, plant and equipment7,817 7,760 
Less accumulated depreciation and amortization4,970 4,736 
Property, plant and equipment, net$2,847 $3,024 
(1)    Amount includes short-term and long-term fixed asset costs that are expected to be placed into service.
Depreciation and maintenance and repair expenses were as follows for the periods indicated (in millions):
 Fiscal Year Ended August 31,
 202520242023
Depreciation expense$612 $656 $891 
Maintenance and repair expense$271 $335 $431 
As of August 31, 2025, and 2024, the Company had $55 million and $122 million, respectively, included in accounts payable for the acquisition of property, plant, and equipment, which is considered a non-cash investing activity in the Consolidated Statements of Cash Flows.
v3.25.3
Leases
 12 Months Ended
Aug. 31, 2025
Leases [Abstract]  
Leases Leases
The following table sets forth the amount of lease assets and lease liabilities included on the Company's Consolidated Balance Sheets, as of the periods indicated (in millions):
Financial Statement Line ItemAugust 31, 2025August 31, 2024
Assets
Operating lease assetsOperating lease right-of-use assets$462 $360 
Finance lease assets(1)
Property, plant and equipment, net391 378 
Total lease assets$853 $738 
Liabilities
Current
Operating lease liabilitiesCurrent operating lease liabilities$93 $93 
Finance lease liabilitiesAccrued expenses199 119 
Non-current
Operating lease liabilitiesNon-current operating lease liabilities388 284 
Finance lease liabilitiesOther liabilities166 235 
Total lease liabilities$846 $731 
(1)    Net of accumulated amortization of $136 million and $162 million as of August 31, 2025 and 2024, respectively.
The following table is a summary of expenses related to leases included on the Company's Consolidated Statements of Operations, for the periods indicated (in millions):
Fiscal Year Ended August 31,
 20252024
Operating lease cost$119 $118 
Finance lease cost
Amortization of leased assets42 50 
Interest on lease liabilities11 10 
Net lease cost(1)(2)
$172 $178 
(1)Lease costs are primarily recognized in cost of revenue.
(2)Excludes immaterial amounts of short term leases, variable lease costs and sublease income.
The following table is a summary of the weighted-average remaining lease terms and weighted-average discount rates of the Company's leases, as of the periods indicated:
August 31, 2025August 31, 2024
Weighted-average remaining lease termWeighted-average discount rateWeighted-average remaining lease termWeighted-average discount rate
Operating leases7.7 years4.39 %5.7 years3.80 %
Finance leases6.5 years3.57 %5.2 years4.23 %
The following table sets forth other supplemental information related to the Company's lease portfolio (in millions):
Fiscal Year Ended August 31,
 20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases(1)
$104 $116 
Operating cash flows for finance leases(1)
$11 $10 
Financing activities for finance leases(2)
$142 $111 
Non-cash right-of-use assets obtained in exchange for lease liabilities:
Operating leases$208 $109 
Finance leases$136 $163 
(1)Included in accounts payable, accrued expenses and other liabilities in Operating Activities of the Company's Consolidated Statements of Cash Flows.
(2)Included in payments toward debt agreements in Financing Activities of the Company's Consolidated Statements of Cash Flows.
The following table sets forth a maturity analysis of operating and finance lease liabilities as of August 31, 2025 (in millions):
Fiscal Year Ended August 31,
Operating Leases(1)
Finance Leases(1)(2)(3)
Total
2026
$112 $208 $320 
2027
91 43 134 
2028
74 22 96 
2029
67 16 83 
2030
51 14 65 
Thereafter199 119 318 
Total lease payments$594 $422 $1,016 
Less: Imputed interest(113)(57)(170)
Present value of lease liabilities$481 $365 $846 
(1)Excludes $176 million of payments related to leases signed but not yet commenced. Additionally, certain leases signed but not yet commenced contain residual value guarantees and purchase options not deemed probable.
(2)Includes a $101 million lease liability related to a lease with a variable interest entity (“VIE”), for which the Company is not the primary beneficiary. The Company’s maximum exposure to loss related to the VIE is $144 million.
(3)Excludes $280 million of residual value guarantees that could potentially come due in future periods. The Company does not believe it is probable that any amounts will be owed under these guarantees. Therefore, no amounts related to the residual value guarantees are included in the lease payments used to measure the right-of-use assets and lease liabilities.
Leases Leases
The following table sets forth the amount of lease assets and lease liabilities included on the Company's Consolidated Balance Sheets, as of the periods indicated (in millions):
Financial Statement Line ItemAugust 31, 2025August 31, 2024
Assets
Operating lease assetsOperating lease right-of-use assets$462 $360 
Finance lease assets(1)
Property, plant and equipment, net391 378 
Total lease assets$853 $738 
Liabilities
Current
Operating lease liabilitiesCurrent operating lease liabilities$93 $93 
Finance lease liabilitiesAccrued expenses199 119 
Non-current
Operating lease liabilitiesNon-current operating lease liabilities388 284 
Finance lease liabilitiesOther liabilities166 235 
Total lease liabilities$846 $731 
(1)    Net of accumulated amortization of $136 million and $162 million as of August 31, 2025 and 2024, respectively.
The following table is a summary of expenses related to leases included on the Company's Consolidated Statements of Operations, for the periods indicated (in millions):
Fiscal Year Ended August 31,
 20252024
Operating lease cost$119 $118 
Finance lease cost
Amortization of leased assets42 50 
Interest on lease liabilities11 10 
Net lease cost(1)(2)
$172 $178 
(1)Lease costs are primarily recognized in cost of revenue.
(2)Excludes immaterial amounts of short term leases, variable lease costs and sublease income.
The following table is a summary of the weighted-average remaining lease terms and weighted-average discount rates of the Company's leases, as of the periods indicated:
August 31, 2025August 31, 2024
Weighted-average remaining lease termWeighted-average discount rateWeighted-average remaining lease termWeighted-average discount rate
Operating leases7.7 years4.39 %5.7 years3.80 %
Finance leases6.5 years3.57 %5.2 years4.23 %
The following table sets forth other supplemental information related to the Company's lease portfolio (in millions):
Fiscal Year Ended August 31,
 20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases(1)
$104 $116 
Operating cash flows for finance leases(1)
$11 $10 
Financing activities for finance leases(2)
$142 $111 
Non-cash right-of-use assets obtained in exchange for lease liabilities:
Operating leases$208 $109 
Finance leases$136 $163 
(1)Included in accounts payable, accrued expenses and other liabilities in Operating Activities of the Company's Consolidated Statements of Cash Flows.
(2)Included in payments toward debt agreements in Financing Activities of the Company's Consolidated Statements of Cash Flows.
The following table sets forth a maturity analysis of operating and finance lease liabilities as of August 31, 2025 (in millions):
Fiscal Year Ended August 31,
Operating Leases(1)
Finance Leases(1)(2)(3)
Total
2026
$112 $208 $320 
2027
91 43 134 
2028
74 22 96 
2029
67 16 83 
2030
51 14 65 
Thereafter199 119 318 
Total lease payments$594 $422 $1,016 
Less: Imputed interest(113)(57)(170)
Present value of lease liabilities$481 $365 $846 
(1)Excludes $176 million of payments related to leases signed but not yet commenced. Additionally, certain leases signed but not yet commenced contain residual value guarantees and purchase options not deemed probable.
(2)Includes a $101 million lease liability related to a lease with a variable interest entity (“VIE”), for which the Company is not the primary beneficiary. The Company’s maximum exposure to loss related to the VIE is $144 million.
(3)Excludes $280 million of residual value guarantees that could potentially come due in future periods. The Company does not believe it is probable that any amounts will be owed under these guarantees. Therefore, no amounts related to the residual value guarantees are included in the lease payments used to measure the right-of-use assets and lease liabilities.
v3.25.3
Goodwill and Other Intangible Assets
 12 Months Ended
Aug. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Beginning September 1, 2024, the Company reorganized its internal structure to focus on speed, precision, and solutions, and as a result of the organizational realignment, the Company’s operating segments now consist of three segments – Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce, which are also the Company’s reportable segments. See Note 14 – “Concentration of Risk and Segment Data” to the Consolidated Financial Statements for additional information.
The Company performs a goodwill impairment analysis on an annual basis and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. As a result of the change in reportable segments, the Company’s reporting units also changed. In connection with the preparation of the Company’s financial statements for the quarter ended November 30, 2024, the Company tested goodwill for impairment immediately before and after the reorganization. As a result of these analyses, the Company determined that goodwill was not impaired before or after the reorganization.
The Company completed its annual impairment analysis for goodwill during the fourth quarter of fiscal year 2025. A quantitative or qualitative assessment was performed, and the Company determined that the fair values of the reporting units exceeded the carrying values and that no impairment existed as of the date of the impairment analysis.
The following table presents the changes in goodwill allocated to the Company’s reportable segments during the fiscal years ended August 31, 2025 and 2024 (in millions):
Regulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotal
Balance as of August 31, 2023
$447 $69 $105 $621 
Acquisitions and adjustments38 — (4)34 
Change in foreign currency exchange rates5 — 1 6 
Balance as of August 31, 2024
490 69 102 661 
Acquisitions and adjustments(1)
178 7 (12)173 
Change in foreign currency exchange rates5 — 2 7 
Balance as of August 31, 2025
$673 $76 $92 $841 
(1)Primarily in connection with the acquisitions of Pharmaceutics International, Inc. (“Pii”) and Mikros Technologies LLC (“Mikros Technologies”) during the fiscal year ended August 31, 2025. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated (in millions):
 August 31, 2025August 31, 2024
Gross
Carrying
Amount		Accumulated
Impairment		Gross
Carrying
Amount		Accumulated
Impairment
Goodwill$1,861 $1,020 $1,681 $1,020 
The following table presents the Company’s total purchased intangible assets as of August 31, 2025, and 2024 (in millions):
 Weighted
Average
Amortization
Period
(in years)
August 31, 2025(1)
August 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Contractual agreements and customer relationships
11$494 $(292)$202 $361 $(270)$91 
Intellectual property8240 (182)58 198 (181)17 
Finite-lived trade names2132 (119)13 130 (95)35 
Total intangible assets10$866 $(593)$273 $689 $(546)$143 
(1)In connection with the acquisition of Pii, the Company acquired $149 million of intangible assets, including $109 million assigned to contractual agreements and customer relationships and $38 million assigned to intellectual property. In connection with the acquisition of Mikros Technologies, the Company acquired $40 million of intangible assets, including $31 million assigned to contractual agreements and customer relationships. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
Intangible asset amortization for fiscal years 2025, 2024, and 2023 was approximately $62 million, $40 million, and $33 million, respectively. The estimated future amortization expense is as follows (in millions):
Fiscal Year Ended August 31,
2026
$50 
2027
41 
2028
37 
2029
30 
2030
28 
Thereafter87 
Total$273 
v3.25.3
Notes Payable and Long-Term Debt
 12 Months Ended
Aug. 31, 2025
Debt Disclosure [Abstract]  
Notes Payable and Long-Term Debt Notes Payable and Long-Term Debt
Notes payable and long-term debt outstanding as of August 31, 2025, and 2024 are summarized below (in millions):
Maturity DateAugust 31, 2025August 31, 2024
3.950% Senior Notes(1)(2)
Jan 12, 2028$499 $498 
3.600% Senior Notes(1)(2)
Jan 15, 2030498 497 
3.000% Senior Notes(1)(2)
Jan 15, 2031595 594 
1.700% Senior Notes(1)(2)
Apr 15, 2026499 499 
4.250% Senior Notes(1)(2)
May 15, 2027497 496 
5.450% Senior Notes(1)(2)
Feb 1, 2029297 296 
Borrowings under credit facilities(3)(4)
Jun 18, 2030— — 
Total notes payable and long-term debt2,885 2,880 
Less current installments of notes payable and long-term debt
499 — 
Notes payable and long-term debt, less current installments
$2,386 $2,880 
(1)The notes are carried at the principal amount of each note, less any unamortized discount and unamortized debt issuance costs.
(2)The Senior Notes are the Company’s senior unsecured obligations and rank equally with all other existing and future senior unsecured debt obligations.
(3)On June 18, 2025, the Company entered into a senior unsecured credit agreement (the “Agreement”). The Agreement provides for a five-year revolving credit facility in the initial amount of $3.2 billion (the “Revolving Credit Facility”), which may, subject to the lender’s discretion, potentially be increased by up to an aggregate amount of $1.0 billion. The Revolving Credit Facility expires on June 18, 2030, subject to unlimited successive one-year extension options (subject to the lenders’ discretion), provided that the tenor of the Revolving Credit Facility shall at no time exceed five-years. Interest and fees on advances under the Revolving Credit Facility are based on the Company’s non-credit enhanced long-term senior unsecured debt rating as determined by S&P Global Ratings, Moody’s Ratings and Fitch Ratings. In
connection with the Company’s entry into the Agreement, the Company terminated its $3.2 billion credit agreement dated January 22, 2020.
Interest for borrowings under the Revolving Credit Facility is charged at a rate equal to either 0.00% to 0.45% above the base rate or 0.90% to 1.45% above the benchmark rate, as applicable, based on the Company’s credit ratings. The base rate represents the greatest of: (i) Citibank, N.A.’s prime rate, (ii) 0.50% above the federal funds rate, and (iii) 1.0% above one-month Term SOFR, but not less than zero. The benchmark rate represents Term SOFR, EURIBOR, TIBOR or Daily Simple SOFR, as applicable, for the applicable interest period, but not less than zero. Fees include a facility fee based on the revolving credit commitments of the lenders and a letter of credit fee based on the amount of outstanding letters of credit.
(4)As of August 31, 2025, the Company had $4.0 billion in available unused borrowing capacity under its existing revolving credit facilities, of which $3.2 billion was available under the Revolving Credit Facility. The Revolving Credit Facility acts as the back-up facility for commercial paper outstanding, if any. The Company has a borrowing capacity of up to $3.2 billion under its commercial paper program.
In the ordinary course of business, the Company has letters of credit and surety bonds with banks and insurance companies outstanding of $92 million as of August 31, 2025. Unused letters of credit were $67 million as of August 31, 2025. Letters of credit and surety bonds are generally available for draw down in the event the Company does not perform.
Debt Maturities
Debt maturities as of August 31, 2025 are as follows (in millions):
Fiscal Year Ended August 31,
2026
$499 
2027
497 
2028
499 
2029
297 
2030
498 
Thereafter595 
Total$2,885 
Debt Covenants
Borrowings under the Company’s debt agreements are subject to various covenants that limit the Company’s ability to: incur additional indebtedness, sell assets, effect mergers and certain transactions, and effect certain transactions with subsidiaries and affiliates. In addition, the revolving credit facilities contain debt leverage and interest coverage covenants. The Company is also subject to certain covenants requiring the Company to offer to repurchase the 3.950%, 3.600%, 3.000%, 1.700%, 4.250% or 5.450% Senior Notes upon a change of control. As of August 31, 2025, and 2024, the Company was in compliance with its debt covenants.
Fair Value
Refer to Note 18 – “Fair Value Measurements” for the estimated fair values of the Company’s notes payable and long-term debt.
v3.25.3
Asset-Backed Securitization Programs
 12 Months Ended
Aug. 31, 2025
Transfers and Servicing [Abstract]  
Asset-Backed Securitization Programs Trade Accounts Receivable Sale Programs
The Company regularly sells designated pools of high credit quality trade accounts receivable under uncommitted trade accounts receivable sale programs to unaffiliated financial institutions without recourse. As these accounts receivable are sold without recourse, the Company does not retain the associated risks following the transfer of such accounts receivable to the respective financial institutions. The Company continues servicing the receivables sold and in exchange receives an immaterial servicing fee under each of the trade accounts receivable sale programs. The Company does not record a servicing asset or liability on the Consolidated Balance Sheets as the Company estimates that the fee it receives to service these receivables approximates the fair market compensation to provide the servicing activities.
In conjunction with the trade accounts receivable sale programs, the Company is required to remit amounts collected as a servicer under the trade accounts receivable sale programs to the unaffiliated financial institutions that purchased the receivables. The outstanding balance of receivables sold and not yet collected on accounts where the Company has continuing involvement was approximately $927 million and $367 million as of August 31, 2025, and 2024, respectively. Transfers of the receivables under the trade accounts receivable sale programs are accounted for as sales and, accordingly, net receivables sold
under the trade accounts receivable sale programs are excluded from accounts receivable on the Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Consolidated Statements of Cash Flows.
The following is a summary of the Company’s uncommitted trade accounts receivable sale programs with unaffiliated financial institutions where the Company may elect to sell receivables and the unaffiliated financial institution may elect to purchase, at a discount, on an ongoing basis (in millions):
Program
Maximum Amount(1)(2)
A
$350 
B
$100 
C
1,900 
CNY
D
$230 
E
$170 
F
$75 
G
$100 
H
$2,000 
I
$250 
J
$250 
(1)Maximum amount of trade accounts receivable that may be sold under a facility at any one time.
(2)The trade accounts receivable sale programs either expire on various dates through 2028 or do not have expiration dates and may be terminated upon election of the Company or the unaffiliated financial institutions.
In connection with the trade accounts receivable sale programs, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$11,358 $8,214 $10,784 
Cash proceeds received$11,300 $8,170 $10,748 
Pre-tax losses on sale of receivables(1)
$58 $44 $36 
(1)Recorded to other expense within the Consolidated Statements of Operations.
Asset-Backed Securitization Program
Certain Jabil entities participating in the global asset-backed securitization program continuously sell designated pools of trade accounts receivable to a special purpose entity, which in turn sells certain of the receivables at a discount to conduits administered by an unaffiliated financial institution on a monthly basis. In addition, the foreign entity participating in the global asset-backed securitization program sells certain receivables at a discount to conduits administered by an unaffiliated financial institution on a daily basis. As these accounts receivable are sold without recourse, the Company does not retain the associated risks following the transfer of such accounts receivable to the respective financial institutions.
The Company continues servicing the receivables sold and in exchange receives an immaterial servicing fee under the global asset-backed securitization program. In conjunction with the global asset-backed securitization program, the Company is required to remit amounts collected as a servicer under the global asset-backed securitization program to a special purpose
entity. The Company does not record a servicing asset or liability on the Consolidated Balance Sheets as the Company estimates that the fee it receives to service these receivables approximates the fair market compensation to provide the servicing activities.
The special purpose entity in the global asset-backed securitization program is a wholly-owned subsidiary of the Company and is included in the Company’s Consolidated Financial Statements. Certain unsold receivables covering up to the maximum amount of net cash proceeds available under the domestic, or U.S., portion of the global asset-backed securitization program are pledged as collateral to the unaffiliated financial institution as of August 31, 2025.
Effective January 23, 2025, the terms of the global asset-backed securitization program were amended to extend the termination date from January 2025 to January 2028. The maximum amount of net cash proceeds available at any one time is $700 million.
The outstanding balance of receivables sold and not yet collected on accounts where the Company has continuing involvement was approximately $372 million and $338 million as of August 31, 2025, and 2024, respectively. Transfers of the receivables under the asset-backed securitization program are accounted for as sales and, accordingly, net receivables sold under the asset-backed securitization program are excluded from accounts receivable on the Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Consolidated Statements of Cash Flows.
In connection with the asset-backed securitization program, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$4,152 $4,000 $4,101 
Cash proceeds received(1)
$4,111 $3,953 $4,061 
Pre-tax losses on sale of receivables(2)
$41 $47 $40 
(1)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.
(2)Recorded to other expense within the Consolidated Statements of Operations.
The global asset-backed securitization program requires compliance with several covenants including compliance with the interest ratio and debt to EBITDA ratio of the Revolving Credit Facility. As of August 31, 2025, 2024, and 2023, the Company was in compliance with all covenants under the global asset-backed securitization program.
v3.25.3
Accrued Expenses
 12 Months Ended
Aug. 31, 2025
Accrued Liabilities, Current [Abstract]  
Accrued Expenses Accrued Expenses
Accrued expenses consist of the following (in millions):
August 31, 2025August 31, 2024
Inventory deposits$1,205 $1,582 
Contract liabilities(1)
1,016 1,017 
Accrued compensation and employee benefits756 699 
Other accrued expenses2,208 2,201 
Accrued expenses$5,185 $5,499 
(1)Revenue recognized during the fiscal years ended August 31, 2025 and 2024 that was included in the contract liability balance as of August 31, 2024, and 2023 was $592 million and $507 million, respectively.
v3.25.3
Postretirement and Other Employee Benefits
 12 Months Ended
Aug. 31, 2025
Retirement Benefits [Abstract]  
Postretirement and Other Employee Benefits Postretirement and Other Employee Benefits
Postretirement Benefits
The Company has a qualified defined benefit pension plan for employees of Jabil Circuit UK Limited (the “UK plan”). The UK plan, which is closed to new participants, provides benefits based on average employee earnings over a three-year service period preceding retirement and length of employee service. The Company’s policy is to contribute amounts sufficient to meet minimum funding requirements as set forth in UK employee benefit and tax laws plus such additional amounts as are deemed appropriate by the Company.
The Company also has a qualified defined benefit pension plan for employees in Switzerland (the “Switzerland plan”). The Switzerland plan provides benefits based on average employee earnings over an approximately eight-year service period preceding retirement and length of employee service. The Company’s policy is to contribute amounts sufficient to meet minimum funding requirements as set forth in Switzerland employee benefit and tax laws plus such additional amounts as are deemed appropriate by the Company.
Additionally, as a result of acquiring various other operations in Europe, Asia and Mexico the Company assumed both qualified and unfunded nonqualified retirement benefits covering eligible employees who meet age and service requirements (the “other plans”).
The UK plan, Switzerland plan, and other plans are collectively referred to herein as the “plans.”
Benefit Obligation and Plan Assets
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
 Fiscal Year Ended August 31,
 20252024
Change in PBO
Beginning PBO$513 $461 
Service cost23 21 
Interest cost11 12 
Actuarial loss
5 32 
Settlements paid from plan assets(1)
(47)(43)
Total benefits paid(10)(10)
Plan participants’ contributions13 13 
Plan amendments— 11 
Effect of conversion to U.S. dollars29 16 
Ending PBO$537 $513 
Change in plan assets
Beginning fair value of plan assets524 486 
Actual return on plan assets21 41 
Settlements paid from plan assets(1)
(47)(43)
Employer contributions16 17 
Benefits paid from plan assets(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars29 20 
Ending fair value of plan assets$548 $524 
Funded status$11 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$13 $13 
Accumulated other comprehensive loss(2)
Actuarial gain, before tax
$(47)$(54)
Prior service cost, before tax
$18 $23 
(1)The settlements recognized during fiscal years 2025 and 2024 relate primarily to the Switzerland plan.
(2)The Company anticipates amortizing $1 million and $6 million, before tax, of net actuarial gain and prior service cost balances, respectively, to net periodic cost in fiscal year 2026.
Accumulated Benefit Obligation
The following table summarizes the total accumulated benefit obligations (“ABO”), the ABO and fair value of plan assets for defined benefit pension plans with ABO in excess of plan assets, and the PBO and fair value of plan assets for defined benefit pension plans with PBO in excess of plan assets for fiscal years 2025 and 2024 (in millions):
 August 31, 2025August 31, 2024
ABO$518 $495 
Plans with ABO in excess of plan assets
ABO$42 $41 
Fair value of plan assets$14 $14 
Plans with PBO in excess of plan assets
PBO$51 $50 
Fair value of plan assets$14 $14 
Net Periodic Benefit Cost
The following table provides information about the net periodic benefit cost for the plans for fiscal years 2025, 2024 and 2023 (in millions):
 Fiscal Year Ended August 31,
 202520242023
Service cost(1)
$23 $21 $18 
Interest cost(2)
11 12 12 
Expected long-term return on plan assets(2)
(18)(17)(17)
Recognized actuarial gain(2)
(6)(7)(7)
Amortization of actuarial gains(2)(3)
(2)(3)(7)
Amortization of prior service costs(2)
5 5 4 
Net periodic benefit cost
$13 $11 $3 
(1)Service cost is recognized in cost of revenue in the Consolidated Statements of Operations.
(2)Components are recognized in other expense in the Consolidated Statements of Operations.
(3)Actuarial gains and losses are amortized using a corridor approach. The gain/loss corridor is equal to 10 percent of the greater of the projected benefit obligation and the fair value of plan assets. Gains and losses in excess of the corridor are generally amortized over the average future working lifetime of the plan participants.
Assumptions
Weighted-average actuarial assumptions used to determine net periodic benefit cost and PBO for the plans for the fiscal years 2025, 2024, and 2023 were as follows:
 Fiscal Year Ended August 31,
 202520242023
Net periodic benefit cost:
       Expected long-term return on plan assets(1)
3.7 %3.7 %3.6 %
Rate of compensation increase1.8 %1.9 %2.1 %
Discount rate2.1 %2.8 %2.6 %
PBO:
Expected long-term return on plan assets3.3 %3.7 %3.7 %
Rate of compensation increase1.1 %1.8 %1.9 %
       Discount rate(2)
2.2 %2.1 %2.8 %
(1)The expected return on plan assets assumption used in calculating net periodic benefit cost is based on historical return experience and estimates of future long-term performance with consideration to the expected investment mix of the plan.
(2)The discount rate is used to state expected cash flows relating to future benefits at a present value on the measurement date. This rate represents the market rate for high-quality fixed income investments whose timing would match the cash outflow of retirement benefits. Other assumptions include demographic factors such as retirement, mortality and turnover.
Plan Assets
The Company has adopted an investment policy for a majority of plan assets, which was set by plan trustees who have the responsibility for making investment decisions related to the plan assets. The plan trustees oversee the investment allocation,
including selecting professional investment managers and setting strategic targets. The investment objectives for the assets are (1) to acquire suitable assets that hold the appropriate liquidity in order to generate income and capital growth that, along with new contributions, will meet the cost of current and future benefits under the plan, (2) to limit the risk of the plan assets from failing to meet the plan liabilities over the long-term, and (3) to minimize the long-term costs under the plan by maximizing the return on the plan assets.
Investment policies and strategies governing the assets of the plans are designed to achieve investment objectives with prudent risk parameters. Risk management practices include the use of external investment managers; the maintenance of a portfolio diversified by asset class, investment approach and security holdings; and the maintenance of sufficient liquidity to meet benefit obligations as they come due. Within the equity securities class, the investment policy provides for investments in a broad range of publicly traded securities including both domestic and international stocks. Within the debt securities class, the investment policy provides for investments in corporate bonds as well as fixed and variable interest debt instruments. The Company currently expects to achieve a target mix of 40% equity and 60% debt securities in fiscal year 2026.
Fair Value
The fair values of the plan assets held by the Company by asset category are as follows (in millions):
  August 31, 2025August 31, 2024
 Fair Value
Hierarchy		Fair ValueAsset
Allocation		Fair ValueAsset
Allocation
Asset Category
Cash and cash equivalents(1)
Level 1$16 3 %$12 2 %
Equity Securities:
Global equity securities(2)(3)
Level 2249 46 %235 45 %
Debt Securities:
Corporate bonds(3)
Level 2232 42 %223 43 %
Government bonds(3)
Level 240 7 %43 8 %
Other Investments:
Insurance contracts(4)
Level 311 2 %11 2 %
Fair value of plan assets
$548 100 %$524 100 %
 
(1)Carrying value approximates fair value.
(2)Investments in equity securities by companies incorporated, listed or domiciled in developed and/or emerging market countries.
(3)Investments in global equity securities, corporate bonds, government securities and government bonds are valued using the quoted prices of securities with similar characteristics.
(4)Consist of an insurance contract that guarantees the payment of the funded pension entitlements, as well as provides a profit share to the Company. The profit share in this contract is not based on actual investments, but, instead on a notional investment portfolio that is expected to return a pre-defined rate. Insurance contract assets are recorded at fair value and is determined based on the cash surrender value of the insured benefits which is the present value of the guaranteed funded benefits. Insurance contracts are valued using unobservable inputs (Level 3 inputs), primarily by discounting expected future cash flows relating to benefits paid from a notional investment portfolio in order to determine the cash surrender value of the policy. The unobservable inputs consist of estimated future benefits to be paid throughout the duration of the policy and estimated discount rates, which both have an immaterial impact on the fair value estimate of the contract.
Cash Flows
The Company expects to make cash contributions between $26 million and $32 million to its funded pension plans during fiscal year 2026. The estimated future benefit payments, which reflect expected future service, are as follows (in millions):
Fiscal Year Ended August 31,Amount
2026
$30 
2027
$31 
2028
$31 
2029
$32 
2030
$34 
2031 through 2035
$173 
Profit Sharing, 401(k) Plan and Defined Contribution Plans
The Company provides retirement benefits to its domestic employees who have completed a 30-day period of service through a 401(k) plan that provides a matching contribution by the Company. The Company also has defined contribution benefit plans for certain of its international employees. The Company contributed approximately $80 million, $78 million and $74 million for defined contribution plans for the fiscal years ended August 31, 2025, 2024, and 2023, respectively.
v3.25.3
Derivative Financial Instruments and Hedging Activities
 12 Months Ended
Aug. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments and Hedging Activities Derivative Financial Instruments and Hedging Activities
The Company is directly and indirectly affected by changes in certain market conditions. These changes in market conditions may adversely impact the Company’s financial performance and are referred to as market risks. The Company, where deemed appropriate, uses derivatives as risk management tools to mitigate the potential impact of certain market risks. The primary market risks managed by the Company through the use of derivative instruments are foreign currency risk and interest rate risk.
All derivative instruments are recorded gross on the Consolidated Balance Sheets at their respective fair values. Changes in fair value of derivative instruments are recorded in the Consolidated Statements of Operations, or as a component of AOCI in the Consolidated Balance Sheets, as discussed below.
Foreign Currency Risk Management
The Company enters into forward foreign exchange contracts to manage the foreign currency risk associated with the anticipated foreign currency denominated revenues and expenses.
Cash Flow Hedges
The Company enters into forward foreign exchange contracts to effectively lock in the value of anticipated foreign currency denominated revenues and expenses against foreign currency fluctuations. The related forward foreign exchange contracts have been designated as hedging instruments and are accounted for as cash flow hedges. The effective portion of the gain or loss on cash flow hedges is initially reported as a component of AOCI, net of tax, and is subsequently reclassified into the line item within the Consolidated Statements of Operations in which the hedged items are recorded, in the same period in which the hedged item affects earnings. The gains and losses recognized in earnings due to hedge ineffectiveness and the amount excluded from effectiveness testing are included as components of net revenue, cost of revenue and selling, general and administrative expense, which are the same line items in which the hedged items are recorded. The aggregate notional amount of these outstanding contracts as of August 31, 2025, and 2024, was $433 million and $353 million, respectively. The anticipated foreign currency denominated revenues and expenses being hedged are expected to occur between September 1, 2025, and August 31, 2026.
Net Investment Hedges
In addition, the Company has entered into forward foreign exchange contracts to hedge a portion of its net investment in foreign currency denominated operations, which are designated as net investment hedges. The effective portion of the gain or loss is included in change in foreign currency translation in OCI to offset the change in the carrying value of the net investment being hedged until the complete or substantially complete liquidation of the hedged foreign operation. The gains and losses recognized in earnings due to hedge ineffectiveness and the amounts excluded from effectiveness testing are included in interest expense, net. The maturity dates and aggregate notional amount of these outstanding contracts are as follows (in millions):
Maturity dateAugust 31, 2025August 31, 2024
October 2024$— $140 
January 2025— 106 
July 2025— 55 
October 2025103 — 
January 2026200 106 
April 202642 — 
July 202645 — 
Total$390 $407 
Non-Designated Derivatives
In addition to derivatives that are designated as hedging instruments and qualify for hedge accounting, the Company also enters into forward foreign exchange contracts to economically hedge transactional exposure associated with commitments arising from trade accounts receivable, trade accounts payable, fixed purchase obligations and intercompany transactions denominated in a currency other than the functional currency of the respective operating entity. The gains and losses from changes in fair values are recognized immediately in current earnings. The aggregate notional amount of these outstanding contracts as of August 31, 2025, and 2024, was $3.2 billion and $2.6 billion, respectively.
The Effect of Derivative Instruments on AOCI and the Consolidated Statements of Operations
The following table sets forth the gains and losses of the Company's derivative instruments designated as cash flow hedges and net investment hedges in OCI, and not designated as hedging instruments in the Consolidated Statements of Operations for the periods presented (in millions):
Fiscal Year Ended August 31,
Financial Statement Line Item202520242023
Derivative instruments designated as cash flow hedges:
Gains (losses) recognized in OCI(1)
$14 $(21)$(25)
Losses (gains) reclassified from AOCI into earnings(1)(2)
Forward foreign exchange contractsCost of revenue$8 $22 $44 
Interest rate contractsInterest expense, net$(3)$(3)$(2)
Derivative instruments designated as net investment hedges:
Losses recognized in OCI(1)
$(18)$(16)$(4)
Gains reclassified from AOCI into earnings(1)
Gain from the divestiture of businesses$— $(4)$— 
Derivative instruments not designated as hedging instruments:
(Losses) gains recognized in earnings from forward foreign exchange contractsCost of revenue$(36)$16 $(111)
(Losses) gains recognized in earnings from changes in foreign currencyCost of revenue$(6)$(52)$58 
(1)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2025, 2024, and 2023.
(2)The Company expects to reclassify $15 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue.
The gains and losses recognized in earnings due to amounts excluded from effectiveness testing were not material for all periods presented.
Refer to Note 18 – “Fair Value Measurements” for the fair values and classification of the Company’s derivative instruments.
Interest Rate Risk Management
The Company periodically enters into interest rate swaps to manage interest rate risk associated with the Company’s borrowings or anticipated debt issuances.
In March 2025, the Company entered into forward interest rate swap transactions to hedge the fixed interest rate payments for an anticipated debt issuance or the contractually specified SOFR interest rates for anticipated term loan borrowings. The forward interest rate swaps have an aggregate notional amount of $100 million and have been designated as hedging instruments and accounted for as cash flow hedges. The forward interest rate swaps are scheduled to expire on July 31, 2026. If the anticipated debt issuance or term loan borrowings occurs before July 31, 2026, the contracts will be terminated simultaneously with the debt issuance or term loan borrowings. The contracts will be settled with the respective counterparties on a net basis at the time of termination or expiration. Changes in the fair value of the forward interest rate swap transactions are recorded on the Consolidated Balance Sheets as a component of AOCI.
Contemporaneously with the issuance of the 5.450% Senior Notes in April 2023, the Company settled cash flow hedges with an aggregate notional amount of $150 million and $100 million, with effective dates of May 2021 and August 2022, respectively. The cash received for the cash flow hedges at settlement was $15 million. The settled cash flow hedges are recorded in the Consolidated Balance Sheets as a component of AOCI and are amortized to interest expense, net in the Consolidated Statements of Operations.
Contemporaneously with the issuance of the 4.250% Senior Notes in April 2022, the Company settled cash flow hedges with an aggregate notional amount of $250 million and $170 million, with effective dates of November 2020 and March 2022, respectively. The cash received for the cash flow hedges at settlement was $46 million. The settled cash flow hedges are recorded in the Consolidated Balance Sheets as a component of AOCI and are amortized to interest expense, net in the Statements of Operations.
v3.25.3
Accumulated Other Comprehensive Income
 12 Months Ended
Aug. 31, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The following table sets forth the changes in AOCI, net of tax, by component during the fiscal year ended August 31, 2025 (in millions):
Foreign Currency
Translation Adjustment		Net Investment HedgesDerivative
Instruments		Actuarial Gain (Loss)Prior Service (Cost) CreditTotal
Balance as of August 31, 2024
$(44)$(24)$12 $29 $(19)$(46)
Other comprehensive income (loss) before reclassifications34 (18)

14 (4)— 26 
Amounts reclassified from AOCI— — 

5 (7)

5 3 
Other comprehensive income (loss)(1)
34 (18)19 (11)5 29 
Balance as of August 31, 2025
$(10)$(42)$31 $18 $(14)$(17)
(1)Amounts are net of tax, which are immaterial.
The following table sets forth the amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in millions):
Fiscal Year Ended August 31,(1)
Comprehensive Income ComponentsFinancial Statement Line Item202520242023
Realized gains on foreign currency translationGain from the divestiture of businesses$— $(2)$— 
Realized (gains) losses on pension and postretirement plans:
Actuarial gains
(2)
(7)(8)(14)
Prior service costs
(2)
5 4 4 
(1)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2025, 2024 and 2023.
(2)Amounts are included in the computation of net periodic benefit cost. Refer to Note 10 – “Postretirement and Other Employee Benefits” for additional information.
Refer to Note 11 – “Derivative Financial Instruments and Hedging Activities” for the location of gains and losses on the Company’s derivative instruments that were reclassified from AOCI into the Consolidated Statements of Operations.
v3.25.3
Stockholders' Equity
 12 Months Ended
Aug. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Stockholders' Equity Stockholders’ Equity
The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in millions):
 Fiscal Year Ended August 31,
 202520242023
Restricted stock units$89 $70 $81 
Employee stock purchase plan18 19 14 
Total$107 $89 $95 
Equity Compensation Plan
The 2021 Equity Incentive Plan (the “2021 EIP”) provides for the grant of restricted stock awards, restricted stock unit awards and other stock-based awards. The maximum aggregate number of shares that are available for issuance under the 2021 EIP is 11,000,000.
Following is a reconciliation of the shares available to be issued under the 2021 EIP as of August 31, 2025:
 Shares Available for Grant
Balance as of August 31, 2024
8,038,332 
Restricted stock units granted, net of forfeitures(1)
(903,162)
Balance as of August 31, 2025
7,135,170 
 
(1)Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria.
Restricted Stock Units
Certain key employees have been granted time-based, performance-based and market-based restricted stock units. The time-based restricted stock units granted generally vest on a graded vesting schedule over three years. The performance-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 200%, depending on the specified performance condition and the level of achievement obtained. The performance-based restricted stock units have a vesting condition that is based upon the Company’s cumulative adjusted core earnings per share during the performance period. The market-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 200%, depending on the specified performance condition and the level of achievement obtained. The market-based restricted stock units have a vesting condition that is tied to the Company’s total shareholder return based on the Company’s stock performance in relation to the companies in the Standard and Poor’s (S&P) Super Composite Technology Hardware and Equipment Index excluding the Company.
The following table summarizes restricted stock units activity from August 31, 2024 through August 31, 2025:
SharesWeighted-Average
Grant-Date
Fair Value
Outstanding as of August 31, 2024
2,531,774 $91.51 
Changes during the period
Shares granted(1)
1,020,580 $135.21 
Shares vested(1,117,182)$81.03 
Shares forfeited(117,418)$106.13 
Outstanding as of August 31, 2025
2,317,754 $115.06 
(1)For those shares granted that are based on the achievement of certain performance criteria, the amount represents the maximum number of shares that can vest. During the fiscal year ended August 31, 2025, the Company awarded
approximately 0.6 million time-based restricted stock units, 0.1 million performance-based restricted stock units and 0.1 million market-based restricted stock units based on target performance criteria.
The following table represents the restricted stock units stock-based compensation information for the periods indicated (in millions):
 Fiscal Year Ended August 31,
 202520242023
Fair value of restricted stock units vested$91 $85 $93 
Tax benefit for stock compensation expense(1)
$2 $3 $2 
Unrecognized stock-based compensation expense – restricted stock units$60 
Remaining weighted-average period for restricted stock units expense1.4 years
 
(1)Classified as income tax expense within the Consolidated Statements of Operations.
Employee Stock Purchase Plan
The maximum aggregate number of shares available for issuance under the 2011 Employee Stock Purchase Plan (the “ESPP”) is 23,000,000.
Employees are eligible to participate in the ESPP after 90 days of employment with the Company. The ESPP permits eligible employees to purchase common stock through payroll deductions, which may not exceed 10% of an employee’s compensation, as defined in the ESPP, at a price equal to 85% of the fair value of the common stock at the beginning or end of the offering period, whichever is lower. The ESPP is intended to qualify under Section 423 of the Internal Revenue Code. As of August 31, 2025, 8,765,309 shares remained available for issue under the 2011 ESPP.
The fair value of shares issued under the ESPP was estimated on the commencement date of each offering period using the Black-Scholes option pricing model. The following weighted-average assumptions were used in the model for each respective period:
 Fiscal Year Ended August 31,
 202520242023
Expected dividend yield0.1 %0.1 %0.3 %
Risk-free interest rate4.9 %5.4 %3.4 %
Expected volatility(1)
39.1 %34.1 %37.4 %
Expected life0.5 years0.5 years0.5 years
(1)The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
Dividends
The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders during fiscal years 2025 and 2024:
(in millions, except for per share data)Dividend
Declaration Date		Dividend
per Share		Total of Cash
Dividends
Declared		Date of Record for
Dividend Payment		Dividend Cash
Payment Date
Fiscal Year 2025
October 17, 2024$0.08 $9 November 15, 2024December 3, 2024
January 23, 2025$0.08 $8 February 18, 2025March 4, 2025
April 16, 2025$0.08 $9 May 15, 2025June 3, 2025
July 17, 2025$0.08 $9 August 15, 2025September 3, 2025
Fiscal Year 2024
October 19, 2023$0.08 $11 November 15, 2023December 4, 2023
January 25, 2024$0.08 $10 February 15, 2024March 4, 2024
April 17, 2024$0.08 $9 May 15, 2024June 4, 2024
July 18, 2024$0.08 $10 August 15, 2024September 4, 2024
Common Stock Outstanding
The following represents the common stock outstanding for the fiscal year ended:
Fiscal Year Ended August 31,
202520242023
Common stock outstanding:
Beginning balances
113,744,167 131,294,422 135,493,980 
Shares issued under employee stock purchase plan
593,727 628,960 1,043,294 
Vesting of restricted stock
1,117,182 1,802,380 2,014,802 
Purchases of treasury stock under employee stock plans
(330,256)(537,318)(571,606)
Treasury shares purchased(7,643,925)(19,444,277)(6,686,048)
Ending balances
107,480,895 113,744,167 131,294,422 
Treasury Shares Purchased
The Company repurchases shares of its common stock under share repurchase programs authorized by the Company’s Board of Directors. The following Board approved share repurchase programs were executed through a combination of open market transactions and accelerated share repurchase (“ASR”) agreements (in millions):
Board Approval DateAmount AuthorizedShares RepurchasedTotal Cash UtilizedRemaining AuthorizationAuthorization Completion Date
2022 Share Repurchase ProgramQ4 FY 2021$1,000 16.5$1,000 $— Q2 FY 2023
2023 Share Repurchase ProgramQ1 FY 2023$1,000 2.7$224 
(1)
Q4 FY 2023
Amended 2023 Share Repurchase ProgramQ1 FY 2024$2,500 20.4$2,500 $— Q1 FY 2025
2025 Share Repurchase ProgramQ1 FY 2025$1,000 6.6$1,000 $— Q4 FY 2025
2026 Share Repurchase Program(2)
Q4 FY 2025$1,000 0.6$135 $865 
(1)In September 2023, the Board of Directors amended and increased the 2023 Share Repurchase Program to allow for the repurchase of up to $2.5 billion of the Company’s common stock.
(2)As of October 10, 2025, 0.6 million shares had been repurchased for $135 million and $865 million remains available under the 2026 Share Repurchase Program.
Under ASR agreements, the Company makes payments to the participating financial institutions and receives an initial delivery of shares of common stock. The final number of shares delivered upon settlement of the ASR agreements is determined based on a discount to the volume weighted average price of the Company’s common stock during the term of the agreements. At the time the shares are received by the Company, the initial delivery and the final receipt of shares upon settlement of the ASR agreements results in an immediate reduction of the outstanding shares used to calculate the weighted-average common shares outstanding for basic and diluted earnings per share.
The terms of ASR agreements, structured as outlined above, were as follows (in millions, except average price):
Agreement Execution DateAgreement Settlement DateAgreement AmountInitial Shares DeliveredAdditional Shares DeliveredTotal Shares DeliveredAverage Price Paid Per Share
Q1 FY 2024Q1 FY 2024$500 3.30.63.9$128.61 
Q4 FY 2024Q1 FY 2025(1)$555 4.21.05.2$107.08 
Q2 FY 2025Q3 FY 2025(2)$310 1.80.22.0$154.44 
Q3 FY 2025Q4 FY 2025(3)$309 1.80.01.8$171.91 
(1)In September 2024, as part of the amended 2023 Share Repurchase Program, an ASR transaction was completed, and 1.0 million additional shares were delivered under the Q4 FY 2024 ASR agreements.
(2)In December 2024, as part of the 2025 Share Repurchase Program, the Company entered into ASR agreements to repurchase $310 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the Company made payments of $310 million to participating financial institutions and received an initial delivery of shares of common stock. In March 2025, the ASR transaction was completed, and 0.2 million additional shares were delivered under the Q2 FY 2025 ASR agreements.
(3)In March 2025, as part of the 2025 Share Repurchase Program, the Company entered into ASR agreements to repurchase $309 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the
Company made payments of $309 million to participating financial institutions and received an initial delivery of shares of common stock. In July 2025, the ASR transaction was completed and no additional shares were delivered under the Q3 FY 2025 ASR agreements.

In addition, the Company repurchased shares of its common stock through the open market as follows (in millions):
Fiscal Year Ended August 31,
202520242023
SharesCostSharesCostSharesCost
Open market share repurchases(1)
2.8$377 11.3$1,445 6.7$487 
(1)As of October 10, 2025, 0.6 million shares had been repurchased for $135 million through open market transactions under the 2026 Share Repurchase Program.

Warrants
On December 27, 2024, the Company issued a warrant (the “Warrant”) to Amazon.com NV Investment Holdings LLC (“Warrantholder”) to acquire up to 1,158,539 ordinary shares of the Company (“Warrant Shares”) at an initial exercise price of $137.7671 per share, which is the preceding 30 trading day VWAP. The Warrant allows for cashless exercise and expires December 27, 2031. The Warrant Shares are subject to vesting for payments for purchased products and services over the seven-year Warrant term, with 59,582 of the Warrant Shares having vested upon issuance.
Upon the consummation of an acquisition transaction (as defined in the Warrant), subject to certain exceptions, the unvested portion of the Warrant will vest in full. So long as the Warrant is unexercised, the Warrant does not entitle the Warrantholder to any voting rights or any other common stockholder rights. The exercise price and the number of Warrant Shares are subject to customary anti-dilution adjustments.
The estimated fair value of the Warrant was determined as of the issuance date, using the Black-Scholes option pricing model. The following assumptions were used in the model:
December 27, 2024
Stock price$145.92
Exercise price$137.77
Expected life7.0 years
Expected volatility(1)
34.4 %
Risk-free interest rate4.5 %
(1)The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
The following table summarizes the Warrant activity for the fiscal year ended August 31, 2025:
Warrant Shares
Outstanding as of August 31, 2024
— 
Changes during the period
Shares granted1,158,539 
Shares vested(59,582)
Outstanding as of August 31, 2025
1,098,957 
Exercisable as of August 31, 2025
59,582 
v3.25.3
Concentration of Risk and Segment Data
 12 Months Ended
Aug. 31, 2025
Segment Reporting [Abstract]  
Concentration of Risk and Segment Data Concentration of Risk and Segment Data
Concentration of Risk
Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents and trade receivables. The Company maintains cash and cash equivalents with various domestic and foreign financial institutions. Deposits held with the financial institutions may exceed the amount of insurance provided on such deposits but may generally be redeemed upon demand. The Company performs periodic evaluations of the relative credit standing of the financial institutions and attempts to limit exposure with any one institution. For trade receivables, the Company
performs ongoing credit evaluations of its customers and generally does not require collateral. The Company maintains an allowance for expected credit losses on trade receivables.
Sales of the Company’s products are concentrated among specific customers. For fiscal year 2025, the Company’s five largest customers accounted for approximately 36% of its net revenue and 87 customers accounted for approximately 90% of its net revenue. As the Company is a provider of manufacturing services and solutions and products are built based on customer specifications, it is impracticable to provide revenues from external customers for each product and service. 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,
 20252024202320252024
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.
The Company procures components from a broad group of suppliers. Some of the products manufactured by the Company require one or more components that are available from only a single source.
Segment Data
Operating segments are defined as components of an enterprise that engage in business activities from which they may earn revenues and incur expenses; for which separate financial information is available; and whose operating results are regularly reviewed by the chief operating decision maker (“CODM”), our Chief Executive Officer. The CODM regularly reviews net revenue by segment, segment income, and segment income margin, including prior period comparison and forecasted segment results, to assess the performance of the individual segments and make decisions about resources to be allocated to the segments.
The Company derives its revenue from providing comprehensive electronics design, production and product management services. Prior to the first quarter of fiscal year ended August 31, 2025, the Company’s operating segments consisted of two segments – Electronics Manufacturing Services (“EMS”) and Diversified Manufacturing Services (“DMS”). Beginning September 1, 2024, the Company reorganized its internal structure to focus on speed, precision, and solutions and, as a result of the organizational realignment, the Company’s operating segments now consist of three segments – Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce, which are also the Company’s reportable segments. All prior period disclosures presented have been recast to reflect this change.
The Regulated Industries segment is focused on regulated markets and includes revenues from customers primarily in the automotive and transportation, healthcare and packaging, and renewable energy infrastructure industries. The Intelligent Infrastructure segment is focused on the modern digital ecosystem including artificial intelligence (“AI”) infrastructure and includes revenues from customers primarily in the capital equipment, cloud and data center infrastructure, and networking and communications industries. The Connected Living and Digital Commerce segment is focused on digitalization and automation, including warehouse automation and robotics, and includes revenues from customers primarily in the connected living and digital commerce industries. The segments are organized based on the economic profiles of the services performed, including manufacturing capabilities, market strategy, margins, return on capital, and risk profiles.
Net revenue for the operating segments is attributed to the segment in which the service is performed. An operating segment’s performance is evaluated based on its pre-tax operating contribution, or segment income. Segment income is defined as net revenue less segment expenses, which includes cost of revenue, segment selling, general and administrative expenses, segment research and development expenses and an allocation of corporate manufacturing expenses and selling, general and administrative expenses. Segment income does not include amortization of intangibles, stock-based compensation expense and related charges, restructuring, severance and related charges, distressed customer charges, loss on disposal of subsidiaries, settlement of receivables and related charges, impairment of notes receivable and related charges, goodwill impairment charges, business interruption and impairment charges, net, (gain) loss from the divestiture of businesses, acquisition and divestiture related charges, loss on debt extinguishment, (gain) loss on securities, income (loss) from discontinued operations, gain (loss) on sale of discontinued operations, other expense (excluding certain components of net periodic benefit cost), interest expense,
net, income tax expense, or adjustment for net income (loss) attributable to noncontrolling interests. Segment income margin is defined as segment income divided by net revenue.
Total segment assets are defined as accounts receivable, contract assets, inventories, net, customer-related property, plant and equipment, intangible assets net of accumulated amortization, and goodwill. All other non-segment assets are reviewed on a global basis by management. Transactions between operating segments are generally recorded at amounts that approximate those at which we would transact with third parties.
The following tables set forth operating segment information (in millions):
Fiscal Year Ended August 31,
August 31, 2025August 31, 2024August 31, 2023
Regulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotal
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 time11,402 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 margin5.4 %5.4 %5.6 %5.4 %5.3 %5.1 %6.2 %5.5 %5.0 %5.0 %5.0 %5.0 %

 Fiscal Year Ended August 31,
 202520242023
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.
August 31, 2025August 31, 2024
Total assets:
Regulated Industries$6,262 $5,855 
Intelligent Infrastructure3,739 2,624 
Connected Living and Digital Commerce2,199 2,297 
Other non-allocated assets6,343 6,575 
Total$18,543 $17,351 
The Company operates in approximately 30 countries worldwide. For geographical reporting, sales to unaffiliated customers are attributed to the Company location that maintains the customer relationship and transacts the external sale. Long-lived assets consist of property, plant and equipment, net and right-of-use assets and are attributed to the Company location in which they are located. 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,
 202520242023
Net RevenueLong-Lived AssetsNet RevenueLong-Lived AssetsNet RevenueLong-Lived Assets
Mexico
$5,689 $514 $5,872 $647 $6,083 $670 
China
4,196 635 4,810 736 5,868 865 
Malaysia3,644 358 *352 **
Singapore(1)
**4,486 *7,385 *
Other
8,829 1,170 8,668 1,074 10,431 1,338 
Total Foreign22,358 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.
v3.25.3
Restructuring, Severance and Related Charges
 12 Months Ended
Aug. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring, Severance and Related Charges Restructuring, Severance and Related Charges
Following is a summary of the Company’s restructuring, severance and related charges (in millions):
 Fiscal Year Ended August 31,
 
2025(1)
2024(2)
2023(3)
Employee severance and benefit costs$58 $177 $48 
Lease costs6 2 — 
Asset write-off costs53 79 5 
Other costs64 38 4 
Total restructuring, severance and related charges(4)
$181 $296 $57 
(1)Primarily relates to the 2025 Restructuring Plan.
(2)Primarily relates to the 2024 Restructuring Plan.
(3)Primarily relates to headcount reduction to further optimize the Company's business activities.
(4)Except for asset write-off costs, all restructuring, severance and related charges are cash costs.
The following table presents the Company’s restructuring, severance, and related charges disaggregated by segment (in millions):
Fiscal Year Ended August 31,
 202520242023
Total restructuring, severance and related charges:
Regulated Industries$80 $75 $11 
Intelligent Infrastructure34 69 10 
Connected Living and Digital Commerce21 84 24 
Non-allocated charges46 68 12 
Total$181 $296 $57 
See Note 14 – “Concentration of Risk and Segment Data” to the Consolidated Financial Statements for further details on the change in reportable segments.
2025 Restructuring Plan
On September 24, 2024, the Company’s Board of Directors approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across our Selling, General, and Administrative (“SG&A”) and manufacturing cost base and capacity realignment (the “2025 Restructuring Plan”). The 2025 Restructuring Plan reflects the Company’s intention only and restructuring decisions, and the timing of such decisions, at certain locations are still subject to consultation with the Company’s employees and their representatives.
The Company expects to recognize approximately $200 million in pre-tax restructuring and other related costs related to the 2025 Restructuring Plan. The restructuring and other related charges are expected to include $60 million to $70 million of employee severance and benefit costs; $65 million to $70 million of asset write-off costs; and $55 million to $65 million of contract termination costs and other related costs. The amount and timing of the actual charges may vary due to a variety of factors, including the finalization of timetables for the transition of functions, consultation with employees and their representatives, as well as the impact of jurisdictional statutory severance requirements. The Company’s estimates for the charges discussed above exclude any potential income tax effects.
The table below summarizes the Company’s liability activity, primarily associated with the 2025 Restructuring Plan (in millions):
Employee Severance
and Benefit Costs		Lease CostsAsset Write-off CostsOther Related CostsTotal
Balance as of August 31, 2024
$— $— $— $— $— 
Restructuring related charges61 6 43 58 168 
Asset write-off charge and other non-cash activity— — (43)(33)(76)
Cash payments(54)(6)— (10)(70)
Balance as of August 31, 2025
$7 $— $— $15 $22 
2024 Restructuring Plan
On September 26, 2023, the Company’s Board of Directors approved a restructuring plan to (i) realign the Company’s cost base for stranded costs associated with the Company’s sale and realignment of the Mobility Business and (ii) optimize the Company’s global footprint. This action includes headcount reductions across our SG&A cost base and capacity realignment (the “2024 Restructuring Plan”).
The 2024 Restructuring Plan, totaling approximately $300 million in pre-tax restructuring and other related costs, was substantially complete as of August 31, 2024.
The table below summarizes the Company’s liability activity, primarily associated with the 2024 Restructuring Plan (in millions):
Employee 
Severance
and Benefit Costs		Lease CostsAsset Write-off CostsOther Related CostsTotal
Balance as of August 31, 2024
$66 $1 $— $5 $72 
Restructuring related charges(3)— 10 6 13 
Asset write-off charge and other non-cash activity— — (10)(2)(12)
Cash payments(54)(1)— (7)(62)
Balance as of August 31, 2025
$9 $— $— $2 $11 
v3.25.3
Income Taxes
 12 Months Ended
Aug. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Provision for Income Taxes
Income (loss) before income tax expense is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Domestic$(255)$(366)$(315)
Foreign1,147 2,117 1,577 
Total$892 $1,751 $1,262 

Income tax expense (benefit) is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Current:
Domestic – federal
$(16)$— $1 
Domestic – state
15 5 2 
Foreign356 442 350 
Total current355 447 353 
Deferred:
Domestic – federal
(15)12 (2)
Domestic – state
(5)(2)4 
Foreign
(100)(94)89 
Total deferred(120)(84)91 
Total income tax expense$235 $363 $444 
 
Reconciliation of the U.S. federal statutory income tax rate to the Company’s effective income tax rate is summarized below:
 Fiscal Year Ended August 31,
 202520242023
U.S. federal statutory income tax rate21.0 %21.0 %21.0 %
State income taxes, net of federal tax benefit0.6 (0.3)0.2 
Impact of foreign tax rates(1)
(2.0)0.1 (1.8)
Permanent differences(0.3)0.5 (0.5)
Income tax credits(1)
(1.7)(0.7)(0.5)
Valuation allowance(2)
1.0 3.5 1.1 
Equity compensation1.1 (0.4)0.5 
Impact of intercompany charges and dividends1.9 (0.7)2.4 
Global Intangible Low-Taxed Income1.4 1.9 0.8 
Change in indefinite reinvestment assertion(3)
0.3 0.4 11.7 
Divestiture of businesses(4)
2.3 (5.9)— 
Other, net0.8 1.3 0.3 
Effective income tax rate26.4 %20.7 %35.2 %
(1)The Company has been granted tax incentives for various subsidiaries in Malaysia, Singapore, Vietnam, Brazil, and Israel, which primarily expire at various dates through fiscal year 2030 and are subject to certain conditions with which the Company expects to comply. Tax incentives resulted in a tax benefit of approximately $75 million ($0.68 per basic weighted average shares outstanding), $54 million ($0.44 per basic weighted average shares outstanding) and $74 million ($0.56 per basic weighted average shares outstanding) during the fiscal years ended August 31, 2025, 2024, and 2023, respectively.
(2)For the fiscal year ended August 31, 2025, the valuation allowance change was primarily due to the change in deferred tax assets for sites with existing valuation allowances.
(3)As a result of certain operations being classified as held for sale, the Company made a change to its indefinite reinvestment assertions for the fiscal year ended August 31, 2023.
(4)For the fiscal year ended August 31, 2025, the divestiture of businesses is primarily related to the divestiture of the Italy operations. For the fiscal year ended August 31, 2024, the divestiture of businesses was related to the sale of the Mobility Business.
Deferred Tax Assets and Liabilities
Significant components of the deferred tax assets and liabilities are summarized below (in millions):
 August 31, 2025August 31, 2024
Deferred tax assets:
Net operating loss carryforwards$227 $183 
Inventories28 18 
Compensated absences16 14 
Accrued expenses131 109 
Property, plant and equipment34 2 
Domestic tax credits22 45 
Foreign jurisdiction tax credits5 9 
Equity compensation8 11 
Domestic interest carryforwards11 19 
Capital loss carryforwards32 26 
Revenue recognition49 27 
Operating and finance lease liabilities35 40 
Other45 39 
Total deferred tax assets before valuation allowances643 542 
Less valuation allowances(400)(368)
Net deferred tax assets$243 $174 
Deferred tax liabilities:
Unremitted earnings of foreign subsidiaries$38 $83 
Intangible assets49 29 
Operating lease assets91 81 
Other4 28 
Total deferred tax liabilities$182 $221 
Net deferred tax assets (liabilities)$61 $(47)
Based on the Company’s historical operating income, projection of future taxable income, scheduled reversal of taxable temporary differences, and tax planning strategies, management believes it is more likely than not that the Company will realize the benefit of its deferred tax assets, net of valuation allowances recorded.
As of August 31, 2025, the Company intends to indefinitely reinvest the remaining earnings from its foreign subsidiaries for which a deferred tax liability has not already been recorded. The accumulated earnings are the most significant component of the basis difference which is indefinitely reinvested. As of August 31, 2025, the indefinitely reinvested earnings in foreign subsidiaries upon which taxes had not been provided were approximately $1.2 billion. The estimated amount of the unrecognized deferred tax liability on these reinvested earnings was approximately $0.1 billion.
Tax Carryforwards
The amount and expiration dates of income tax net operating loss carryforwards, tax credit carryforwards, and tax capital loss carryforwards, which are available to reduce future taxes, if any, as of August 31, 2025, are as follows (in millions):
Last Fiscal Year of ExpirationAmount
Income tax net operating loss carryforwards:(1)
Domestic - federal2037 or indefinite$169 
Domestic – state
2045 or indefinite$60 
Foreign2035 or indefinite$680 
Tax credit carryforwards:(1)
Domestic – federal
2035$18 
Domestic – state
2039 or indefinite$4 
Foreign(2)
2027$5 
Tax capital loss carryforwards:
Domestic – federal
2030$127 
(1)Net of unrecognized tax benefits.
(2)Calculated based on the deferral method and includes foreign investment tax credits.
Unrecognized Tax Benefits
Reconciliation of the unrecognized tax benefits is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Beginning balance$168 $257 $253 
Additions for tax positions of prior years8 19 1 
Reductions for tax positions of prior years(4)(21)(7)
Additions for tax positions related to current year(1)
14 22 23 
Additions related to acquired entities5 — — 
Divestiture of businesses— (49)— 
Reductions from lapses in statutes of limitations(2)
(36)(2)(8)
Settlements(3)
(13)(58)(5)
Ending balance$142 $168 $257 
Unrecognized tax benefits that would affect the effective tax rate (if recognized)
$89 $94 $150 
(1)The additions for the fiscal years ended August 31, 2025, 2024 and 2023 are primarily related to taxation of certain intercompany transactions.
(2)The reductions from lapses in statutes of limitations for the fiscal year ended August 31, 2025, are primarily related to intercompany transactions and entitlement to tax credits.
(3)Settlements for the fiscal year ended August 31, 2024, primarily relates to the settlement of a U.S. audit.
The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense. The Company’s accrued interest and penalties were approximately $24 million and $17 million as of August 31, 2025, and 2024, respectively. The Company recognized interest and penalties of approximately $2 million, ($14 million) and $3 million during the fiscal years ended August 31, 2025, 2024, and 2023, respectively.
It is reasonably possible that the August 31, 2025, unrecognized tax benefits could decrease during the next 12 months by $16 million, primarily related to lapses in statutes of limitations associated with intercompany transactions.
The Company is no longer subject to U.S. federal tax examinations for fiscal years before August 31, 2022. In major non-U.S. and state jurisdictions, the Company is no longer subject to income tax examinations for fiscal years before August 31, 2015, and August 31, 2009, respectively.
v3.25.3
Business Acquisitions and Divestitures
 12 Months Ended
Aug. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Acquisitions and Divestitures Business Acquisitions and Divestitures
Acquisitions
Fiscal Year 2026
On September 1, 2025, the Company completed the acquisition of Rebound Technologies Group Holdings Limited (“Rebound Technologies”) for cash consideration transferred of $134 million. Rebound Technologies is a global supply chain service provider headquartered in the United Kingdom offering end-to-end solutions including global sourcing, data driven analytics, proactive shortage management and obsolescence strategies. The final purchase price is subject to adjustment based on conditions within the purchase agreement.
Fiscal Year 2025
On February 3, 2025, the Company completed the acquisition of Pharmaceutics International, Inc. (“Pii”) for cash consideration transferred of $309 million. The final purchase price is subject to adjustment based on certain customary conditions as outlined in the purchase agreement. Pii is a contract development and manufacturing organization specializing in early stage, clinical, and commercial volume aseptic filling, lyophilization, and oral solid dose manufacturing. The acquisition is expected to enhance the Company’s existing Regulated Industries service offerings, which includes the development and commercial production of auto-injectors, pen injectors, inhalers, and on-body pumps.
The acquisition of Pii was accounted for as a business combination using the acquisition method of accounting. Assets acquired of $357 million, including $149 million in intangible assets and $142 million in goodwill, and liabilities assumed of $48 million were recorded at their estimated fair values as of the acquisition date. The preliminary estimates and measurements are subject to change during the measurement period for assets acquired, liabilities assumed, and tax adjustments. The excess of the purchase price over the fair value of the acquired assets and assumed liabilities was recorded to goodwill and was fully allocated to the Regulated Industries segment. Goodwill is primarily attributable to expected synergies enabling comprehensive support for customers in drug development, clinical trials, and product commercialization at scale. The majority of the goodwill is currently not expected to be deductible for income tax purposes. The results of operations were included in the Company’s consolidated financial results beginning on February 3, 2025. Pro forma information has not been provided as the acquisition of Pii is not deemed to be significant.
On October 1, 2024, the Company completed the acquisition of Mikros Technologies LLC (“Mikros Technologies”) for consideration transferred of $63 million. Mikros Technologies is a leader in the engineering and manufacturing of liquid cooling solutions for thermal management. The final purchase price is subject to adjustment based on certain customary conditions as outlined in the purchase agreement.
The acquisition of Mikros Technologies was accounted for as a business combination using the acquisition method of accounting. Assets acquired of $63 million, including $40 million in intangible assets and $17 million in goodwill, were recorded at their estimated fair values as of the acquisition date. The preliminary estimates and measurements are subject to change during the measurement period for assets acquired, liabilities assumed, and tax adjustments. The excess of the purchase price over the fair value of the acquired assets and assumed liabilities was recorded to goodwill and was fully allocated to the Intelligent Infrastructure segment. The majority of the goodwill is currently expected to be deductible for income tax purposes. The results of operations were included in the Company’s consolidated financial results beginning on October 1, 2024. Pro forma information has not been provided as the acquisition of Mikros Technologies is not deemed to be significant.
Fiscal Year 2024
On November 1, 2023, the Company completed the acquisition of ProcureAbility Inc. (“ProcureAbility”) for approximately $60 million in cash. ProcureAbility is a procurement services provider specializing in technology-enabled advisory, managed services, digital, staffing, and recruiting solutions.
The acquisition of ProcureAbility was accounted for as a business combination using the acquisition method of accounting. Assets acquired of $87 million, including $40 million in intangible assets and $38 million in goodwill, and liabilities assumed of $26 million were recorded at their estimated fair values as of the acquisition date. The excess of the purchase price over the fair value of the acquired assets and assumed liabilities was recorded to goodwill and was fully allocated to the Regulated Industries segment. The majority of the goodwill is currently not expected to be deductible for income tax purposes. The results of operations were included in the Company’s consolidated financial results beginning on November 1, 2023. Pro forma information has not been provided as the acquisition of ProcureAbility is not deemed to be significant.
Divestitures
Fiscal Year 2025
On August 1, 2025, through its indirect subsidiary, Jabil Circuit Italia S.r.l. (“JCI”), the Company divested its operations in Italy. As a result of the transaction, the Company derecognized net assets of approximately $36 million and recorded a pre-tax loss of $97 million during the fiscal year ended August 31, 2025, subject to post-closing adjustments that are still being finalized. As part of the terms of the agreement, the Company also paid cash consideration of $63 million to the buyer. The operating results of this business were immaterial to the Company's consolidated results of operations.
Fiscal Year 2024
The Company announced on September 26, 2023, that, through its indirect subsidiary, Jabil Circuit (Singapore) Pte. Ltd., a Singapore private limited company (“Singapore Seller”), we agreed to sell to an affiliate of BYD Electronic (International) Co. Ltd., a Hong Kong limited liability company (“Purchaser” or “BYDE”), the Singapore Seller’s product manufacturing business in Chengdu, including its supporting component manufacturing in Wuxi, (the “Mobility Business”), for cash consideration of approximately $2.2 billion, subject to certain customary purchase price adjustments.
As of August 31, 2023, the Company determined the Mobility Business met the criteria to be classified as held for sale. Assets and liabilities classified as held for sale had a carrying value less than the estimated fair value less cost to sell and, thus, no adjustment to the carrying value of the disposal group was necessary. Depreciation and amortization expense for long-lived assets was not recorded for the period in which these assets were classified as held for sale. The divestiture did not meet the criteria to be reported as discontinued operations, and the Company continued to report the operating results for the Mobility Business in the Company’s Consolidated Statement of Operations in the DMS segment until December 29, 2023 (the “Closing Date”).
On the Closing Date, the Company completed the sale of the Mobility Business. As a result of the transaction, the Company derecognized net assets of approximately $1.2 billion, and recorded a pre-tax gain of $942 million in 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. In addition, the Company agreed to indemnify BYDE from certain liabilities that may arise post-close that relate to periods prior to the Closing Date. The Company incurred transaction and disposal costs in connection with the sale of approximately $67 million during the fiscal year ended August 31, 2024, which are included in continuing operations in the Company’s Consolidated Statements of Operations.
v3.25.3
Fair Value Measurements
 12 Months Ended
Aug. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Fair Value Measurements on a Recurring Basis
The following table presents the fair value of the Company's financial assets and liabilities measured at fair value by hierarchy level on a recurring basis as of the periods indicated (in millions):
Fair Value HierarchyAugust 31, 2025August 31, 2024
Assets:
Cash and cash equivalents:
Cash equivalentsLevel 1
(1)
$392 $303 
Prepaid expenses and other current assets:
Short-term investmentsLevel 127 27 
Forward foreign exchange contracts:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
19 11 
Derivatives not designated as hedging instruments (Note 11)
Level 2
(2)
26 25 
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
1 — 
Liabilities:
Accrued expenses:
Forward foreign exchange contracts:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
$— $28 
Derivatives not designated as hedging instruments (Note 11)
Level 2
(2)
9 22 
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
13 6 
Forward interest rate swaps:
Derivatives designated as hedging instruments (Note 11)
Level 2
(3)
1 — 
Other liabilities:
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
— 5 
(1)Consist of investments that are readily convertible to cash with original maturities of 90 days or less.
(2)The Company’s forward foreign exchange contracts, including cash flow hedges and net investment hedges are measured on a recurring basis at fair value, based on foreign currency spot rates and forward rates quoted by banks or foreign currency dealers.
(3)Fair value measurements are based on the contractual terms of the derivatives and use observable market-based inputs. The interest rate swaps are valued using a discounted cash flow analysis on the expected cash flows of each derivative using observable inputs including interest rate curves and credit spreads.
Fair Value of Financial Instruments
The carrying amounts of cash and cash equivalents, trade accounts receivable, prepaid expenses and other current assets, accounts payable and accrued expenses approximate fair value because of the short-term nature of these financial instruments. The carrying amounts of borrowings under credit facilities and under loans approximates fair value as interest rates on these instruments approximates current market rates.
Notes payable and long-term debt is carried at amortized cost; however, the Company estimates the fair value of notes payable and long-term debt for disclosure purposes. The following table presents the carrying amounts and fair values of the Company's notes payable and long-term debt, by hierarchy level as of the periods indicated (in millions):
August 31, 2025August 31, 2024
Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Notes payable and long-term debt: (Note 7)
3.950% Senior Notes
Level 2
(1)
$499 $496 $498 $487 
3.600% Senior Notes
Level 2
(1)
$498 $480 $497 $468 
3.000% Senior Notes
Level 2
(1)
$595 $551 $594 $529 
1.700% Senior Notes
Level 2
(1)
$499 $492 $499 $476 
4.250% Senior Notes
Level 2
(1)
$497 $500 $496 $495 
5.450% Senior Notes
Level 2
(1)
$297 $308 $296 $306 
(1)The fair value estimates are based upon observable market data.
Refer to Note 10 – “Postretirement and Other Employee Benefits” for disclosure surrounding the fair value of the Company’s pension plan assets.
v3.25.3
Commitments and Contingencies
 12 Months Ended
Aug. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Legal Proceedings
The Company is party to certain lawsuits in the ordinary course of business. The Company does not believe that these proceedings, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations, or cash flows.
v3.25.3
New Accounting Guidance
 12 Months Ended
Aug. 31, 2025
Accounting Standards Update and Change in Accounting Principle [Abstract]  
New Accounting Guidance New Accounting Guidance
New accounting guidance adopted during the period did not have a material impact to the Company.
Recently issued accounting guidance is not applicable or did not have, or is not expected to have, a material impact to the Company.
v3.25.3
Related Party Transactions
 12 Months Ended
Aug. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
During the three months ended May 31, 2025, James Siminoff, a member of the Company’s Board of Directors since January 2024, returned to Amazon.com, Inc (“Amazon”) as a Vice President overseeing Amazon’s home security business. During fiscal year 2025, the Company provided manufacturing services to Amazon’s home security business. Transactions between the Company and Amazon for businesses under Mr. Siminoff’s oversight are considered related party transactions. These related party transactions were not material to the Company individually or in the aggregate and no disclosure is required with respect to such transactions for the fiscal year ended August 31, 2025.
v3.25.3
Schedule of Valuation and Qualifying Accounts
 12 Months Ended
Aug. 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule of Valuation and Qualifying Accounts
SCHEDULE II
JABIL INC. AND SUBSIDIARIES
SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS
(in millions)
 
Balance at
Beginning
of Period		Additions and
Adjustments
Charged to Costs
and Expenses
Additions/
(Reductions)
Charged
to Other Accounts(1)
Write-offsBalance at
End of Period
Reserve for excess and obsolete inventory:
Fiscal year ended August 31, 2025$63 $26 $— $(22)$67 
Fiscal year ended August 31, 2024$58 $40 $— $(35)$63 
Fiscal year ended August 31, 2023$82 $34 $(27)$(31)$58 
(1)During the fiscal year ended August 31, 2023 the reductions charged to other accounts relates to inventory reserves for excess and obsolete inventory classified as held for sale.

Balance at
Beginning
of Period		Additions
Charged to
Costs and
Expenses		Additions/
(Reductions)
Charged
to Other Accounts		Reductions
Charged to
Costs and
Expenses		Balance at
End of Period
Valuation allowance for deferred taxes:
Fiscal year ended August 31, 2025$368 $30 $23 $(21)$400 
Fiscal year ended August 31, 2024$303 $96 $3 $(34)$368 
Fiscal year ended August 31, 2023$281 $28 $9 $(15)$303 
v3.25.3
Insider Trading Arrangements
 3 Months Ended
Aug. 31, 2025
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Michael Dastoor [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On June 27, 2025, Michael Dastoor, Jabil’s Chief Executive Officer and a director on Jabil’s board, entered into a Rule 10b5-1 plan with a duration of approximately twelve months, for the sale of up to 54,381 shares of Jabil common stock. On July 7, 2025, Mr. Dastoor terminated this plan. On July 8, 2025, Mr. Dastoor entered into a new Rule 10b5-1 plan with a duration of twelve months, unless earlier terminated pursuant to the terms of the trading arrangement, for the sale of up to 54,381 shares of Jabil common stock.
Gregory Hebard [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement On June 26, 2025, Gregory Hebard, Chief Financial Officer, entered into a Rule 10b5-1 trading plan with a duration of six months, unless earlier terminated pursuant to the terms of the trading arrangement, for the sale of up to 8,944 shares of the Company’s common stock.
Name Gregory Hebard
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 26, 2025
Arrangement Duration 6 months
Aggregate Available 8,944
Michael Dastoor June 2025 Plan [Member] | Michael Dastoor [Member]  
Trading Arrangements, by Individual  
Name Michael Dastoor
Title Jabil’s Chief Executive Officer and a director on Jabil’s board
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 27, 2025
Rule 10b5-1 Arrangement Terminated true
Termination Date July 7, 2025
Arrangement Duration 12 months
Aggregate Available 54,381
Michael Dastoor July 2025 Plan [Member] | Michael Dastoor [Member]  
Trading Arrangements, by Individual  
Name Michael Dastoor
Title Jabil’s Chief Executive Officer and a director on Jabil’s board
Rule 10b5-1 Arrangement Adopted true
Adoption Date July 8, 2025
Arrangement Duration 12 months
Aggregate Available 54,381
v3.25.3
Insider Trading Policies and Procedures
 12 Months Ended
Aug. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.25.3
Cybersecurity Risk Management and Strategy Disclosure
 12 Months Ended
Aug. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
We are committed to reducing the risk of cybersecurity compromise, either intentional or unintentional, to our customers, employees, and company proprietary information resources.
Our cybersecurity risk management program is integrated into our global enterprise risk management framework, which is designed to help identify, monitor, and mitigate key strategic risks. Our enterprise risk assessment, which includes data protection and cybersecurity, is developed annually to provide insight into the risks with the greatest potential to impact Jabil’s strategy and our financial goals. Key components of our cybersecurity risk management program include the following:
•Cybersecurity policies. We leverage cybersecurity industry-standard frameworks and insights from internal assessments to develop policies to guide the use of our information assets (for example, business information and information resources such as mobile phones, computers, and workstations), access to specific intellectual property or technologies, deployment of AI within the Company, and protection of personal information. The Company has also established written policies and procedures to help ensure that cybersecurity incidents are quickly assessed and addressed.
•Risk assessment. The Company uses risk assessment processes to identify and prioritize cybersecurity risks, employ operational controls to mitigate risks, report incidents, and analyze trends, and employ a corrective action process to address nonconformities. Key risk indicators are used across all business functions to monitor and measure our cybersecurity risk exposure. Through this cross-functional approach, management identifies potential operational and strategic risks which could impact our strategy and financial goals.
•System safeguards. We implement industry-standard technical safeguards that are designed to protect our information systems, operations, and sensitive information from cybersecurity threats. By collaborating with internal stakeholders across the company, we integrate foundational cybersecurity principles throughout our organization, including multiple layers of cybersecurity defenses and restricted access based on business need. We frequently conduct vulnerability assessments to identify new risks and periodically test the efficacy of our safeguards through both internal and external penetration tests.
•Security Awareness and Training. Cybersecurity education contributes to the safety of the Company, customer data, and employee sensitive data and assets. Our employees undergo regular training on information security, cybersecurity awareness, and the protection of confidential information. This training is designed to promote an understanding of the behaviors and technical requirements needed to safeguard Company data. Additionally, we provide ongoing education to help employees recognize and report suspicious activity. In addition, higher risk employees undergo routine anti-phishing testing and training.
•Assessments. We periodically assess and test our cybersecurity policies, standards, processes, and practices that are designed to address threats. This includes monthly metrics review, threat modeling, vulnerability testing, and other exercises to evaluate our cybersecurity effectiveness. We regularly engage third parties to assist with our assessments and testing. Where appropriate, we adjust our cybersecurity policies, standards, processes, and practices accordingly based on internal and external assessment and testing results.
•Engagement of third-party service providers. The Company utilizes third-party cybersecurity experts to assess the Company’s cybersecurity risks and conduct penetration testing to measure our cybersecurity risk management program relative to industry-standard frameworks. The Company has established a standardized process for assessing and managing potential risks associated with the engagement of third-party service providers that request access to the Company’s information systems.
•Incident response. The Cybersecurity Incident Response Team (“CIRT”), deploys, maintains, and monitors various tools and processes designed to safeguard against and detect cybersecurity incidents that may occur. As part of our incident response program, members of management are informed about and monitor the prevention, detection, mitigation, and remediation of cybersecurity incidents. In accordance with established written policies and procedures, escalation protocols are used to provide information to, and engage with, executive management, the Cybersecurity Committee and the Board, throughout the incident response process. The CIRT reviews these controls regularly, and makes enhancements as needed to incorporate lessons learned, updated industry standards, and any new or revised legal requirements.
As of the date of this report, we are not aware of any risks from cybersecurity threats, including as a result of any cybersecurity incidents, which have materially affected us during fiscal year 2025 or are reasonably likely to materially affect us in the near term, including our business strategy, results of operations, or financial condition. Additional information about our cybersecurity risks is discussed in “Disruptions to our information systems, including security breaches, losses of data or outages, and other security issues, have and could in the future adversely affect our operations” in Item 1A. Risk Factors, which should be read in conjunction with the information above.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block] Our cybersecurity risk management program is integrated into our global enterprise risk management framework, which is designed to help identify, monitor, and mitigate key strategic risks. Our enterprise risk assessment, which includes data protection and cybersecurity, is developed annually to provide insight into the risks with the greatest potential to impact Jabil’s strategy and our financial goals.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block] The Board oversees risk management directly and through its committees. Generally, the Board oversees risks that may affect the business of Jabil as a whole, including operational matters. The Cybersecurity Committee (“the Committee”) assists the Board in fulfilling its oversight responsibilities with regard to the Company’s cybersecurity programs and risks, including the cybersecurity practices, procedures, and controls management uses to identify, assess, and manage the Company’s key cybersecurity programs and risks, to protect the confidential intellectual property information and data of the Company and its customers and to comply with applicable data protection laws and regulations.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] The Cybersecurity Committee (“the Committee”) assists the Board in fulfilling its oversight responsibilities with regard to the Company’s cybersecurity programs and risks, including the cybersecurity practices, procedures, and controls management uses to identify, assess, and manage the Company’s key cybersecurity programs and risks, to protect the confidential intellectual property information and data of the Company and its customers and to comply with applicable data protection laws and regulations.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]
The Committee of the Board meets quarterly. At each meeting, it receives reports from the Chief Information Security Officer (“CISO”).
As part of its role in overseeing risk management, the Committee periodically reports to the Board regarding briefings provided by management and advisors as well as the Committees’ own analysis and conclusions regarding cybersecurity risks faced by the Company. The Committee will review with management and the Board, and advise them regarding the following matters, as necessary:
•Management’s implementation of cybersecurity programs, policies, and procedures and management’s actions to safeguard their effectiveness;
•The effectiveness of the Company’s cybersecurity programs and its practices for identifying, assessing, and mitigating cybersecurity risks across all business functions;
•The Company’s controls to prevent, detect and respond to cyber-attacks or information or data breaches involving the Company;
•Cyber crisis preparedness, incident response plans, and disaster recovery capabilities;
•Reports and presentations received from management and the Company’s advisors regarding the management of cybersecurity programs and risks, including protection of confidential intellectual property, information, and data.
Cybersecurity Risk Role of Management [Text Block]
The Committee of the Board meets quarterly. At each meeting, it receives reports from the Chief Information Security Officer (“CISO”).
As part of its role in overseeing risk management, the Committee periodically reports to the Board regarding briefings provided by management and advisors as well as the Committees’ own analysis and conclusions regarding cybersecurity risks faced by the Company. The Committee will review with management and the Board, and advise them regarding the following matters, as necessary:
•Management’s implementation of cybersecurity programs, policies, and procedures and management’s actions to safeguard their effectiveness;
•The effectiveness of the Company’s cybersecurity programs and its practices for identifying, assessing, and mitigating cybersecurity risks across all business functions;
•The Company’s controls to prevent, detect and respond to cyber-attacks or information or data breaches involving the Company;
•Cyber crisis preparedness, incident response plans, and disaster recovery capabilities;
•Reports and presentations received from management and the Company’s advisors regarding the management of cybersecurity programs and risks, including protection of confidential intellectual property, information, and data.
The CISO leads the Corporate Information Security organization which oversees the security posture of Jabil’s data, networks, and resources. The CISO is responsible for notifying and providing updates on cybersecurity incidents to the Chief Information Officer (“CIO”). The CIO is responsible for overseeing global IT operations and digital transformation across the Company and leads the strategic direction on IT polices to safeguard company and client assets against cybersecurity threats.
The CISO has over 39 years of experience working in cybersecurity, risk management, and infrastructure technology and network architecture. Our CISO holds industry-recognized cybersecurity certifications, including Certified Information Systems Security Professional (CISSP) certification. The CIO has over 33 years of experience focused on corporate strategy formulation and implementation, IT management including cybersecurity, and business and process transformation.
Effective September 1, 2025, the Company transitioned cybersecurity responsibilities to a new CISO. The new CISO has over 20 years of experience leading large-scale security programs protecting critical infrastructure and sensitive data, modernizing digital identity systems, and driving cultural transformation within security teams in the federal, healthcare, and global manufacturing sectors.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]
The CISO leads the Corporate Information Security organization which oversees the security posture of Jabil’s data, networks, and resources. The CISO is responsible for notifying and providing updates on cybersecurity incidents to the Chief Information Officer (“CIO”). The CIO is responsible for overseeing global IT operations and digital transformation across the Company and leads the strategic direction on IT polices to safeguard company and client assets against cybersecurity threats.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]
The CISO has over 39 years of experience working in cybersecurity, risk management, and infrastructure technology and network architecture. Our CISO holds industry-recognized cybersecurity certifications, including Certified Information Systems Security Professional (CISSP) certification. The CIO has over 33 years of experience focused on corporate strategy formulation and implementation, IT management including cybersecurity, and business and process transformation.
The new CISO has over 20 years of experience leading large-scale security programs protecting critical infrastructure and sensitive data, modernizing digital identity systems, and driving cultural transformation within security teams in the federal, healthcare, and global manufacturing sectors.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] The CISO is responsible for notifying and providing updates on cybersecurity incidents to the Chief Information Officer (“CIO”).
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.3
Description of Business and Summary of Significant Accounting Policies (Policies)
 12 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
Principles of Consolidation and Basis of Presentation
Principles of Consolidation and Basis of Presentation
The consolidated financial statements include the accounts and operations of the Company, and its wholly owned and majority-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in preparing the consolidated financial statements. The Company has made certain reclassification adjustments to conform prior periods’ Consolidated Financial Statements and Notes to the Consolidated Financial Statements to the current presentation.
Use of Accounting Estimates
Use of Accounting Estimates
Management is required to make estimates and assumptions during the preparation of the consolidated financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from these estimates and assumptions.
Assets Held for Sale
Assets Held for Sale
The Company classifies assets and related liabilities as held for sale when: (i) management has committed to a plan to sell the net assets, (ii) the net assets are available for immediate sale, (iii) there is an active program to locate a buyer, (iv) the sale and transfer of the net assets is probable within one year, (v) the net assets are being actively marketed for sale at price that is reasonable in relation to its current fair value, and (vi) it is unlikely that significant changes will be made to the plan to sell the net assets. Assets and liabilities held for sale are presented separately on our consolidated balance sheets at the lower of cost or fair value, less costs to sell. Depreciation and amortization expense for long-lived assets are not recorded while these assets are classified as held for sale. For each period that assets are classified as being held for sale, they are tested for recoverability.
Cash and Cash Equivalents
Cash and Cash Equivalents
Cash equivalents consist of investments that are readily convertible to cash with original maturities of 90 days or less.
Accounts Receivable
Accounts Receivable
Accounts receivable consist of trade receivables and other miscellaneous receivables. The Company maintains an allowance for credit losses based on historical losses, the age of past due receivables, credit quality of our customers, current economic conditions, and other factors that may affect our ability to collect from customers. Bad debts are charged to this allowance after all attempts to collect the balance are exhausted. As the financial condition and circumstances of the Company’s customers change, adjustments to the allowance for credit losses are made as necessary.
Contract Balances and Revenue Recognition
Contract Balances
Timing of revenue recognition may differ from the timing of invoicing to customers. The Company records an asset when revenue is recognized prior to invoicing a customer (“contract assets”) while a liability is recognized when a customer provides consideration prior to the Company transferring control of the goods or services (“contract liabilities”). Amounts recognized as contract assets are generally transferred to receivables in the succeeding quarter due to the short-term nature of the manufacturing cycle. Contract assets are classified separately on the Consolidated Balance Sheets and transferred to receivables when right to payment becomes unconditional.
The Company maintains an allowance for credit losses related to contract assets based on historical losses, credit quality of our customers, current economic conditions, and other factors that may affect our ability to collect from our customers.
Revenue Recognition
The Company provides comprehensive electronics design, production and product management services to companies in various industries and end markets. The Company derives substantially all of its revenue from production and product management services (collectively referred to as “manufacturing services”), which encompasses the act of producing tangible products that are built to customer specifications, which are then provided to the customer.
The Company generally enters into manufacturing service contracts with its customers that provide the framework under which business will be conducted and customer purchase orders will be received for specific quantities and with predominantly fixed pricing. As a result, the Company considers its contract with a customer to be the combination of the manufacturing service contract and the purchase order, or any agreements or other similar documents.
The majority of the Company's manufacturing service contracts relate to manufactured products which have no alternative use and for which the Company has an enforceable right to payment for the work completed to date. As a result, revenue is recognized over time when or as the Company transfers control of the promised products or services (known as performance obligations) to its customers. For certain other contracts with customers that do not meet the over time revenue recognition criteria, transfer of control occurs at a point in time which generally occurs upon delivery and transfer of risk and title to the customer.
Most of the Company's contracts have a single performance obligation as the promise to transfer the individual manufactured product or service is capable of being distinct and is distinct within the context of the contract. For the majority of customers, performance obligations are satisfied over time based on the continuous transfer of control as manufacturing services are performed and are generally completed in less than one year.
The Company also derives revenue to a lesser extent from electronic design services to certain customers. Revenue from electronic design services is generally recognized over time as the services are performed.
For the Company’s over time customers, it believes the measure of progress which best depicts the transfer of control is based on costs incurred to date, relative to total estimated cost at completion (i.e., an input method). This method is a faithful depiction of the transfer of goods or services because it results in the recognition of revenue on the basis of the Company's to-date efforts in the satisfaction of a performance obligation relative to the total expected efforts in the satisfaction of the performance obligation. The transaction price of each performance obligation is generally based upon the contractual standalone selling price of the product or service.
Certain contracts with customers include variable consideration, such as periodic cost of materials adjustments, rebates, discounts, or returns. The Company recognizes estimates of this variable consideration that are not expected to result in a significant revenue reversal in the future, primarily based on the most likely level of consideration to be paid to the customer under the specific terms of the underlying programs.
The Company is responsible for procuring certain components for the manufacturing of finished goods at the direction of certain customers. If the Company does not obtain control of these components before they are transferred to the customer, the Company accounts for revenue and cost of revenue associated with such components on a net basis. Revenue and cost of revenue associated with components procured directly from customers is accounted for on a net basis if the components do not constitute a distinct good or service from the customer. As of August 31, 2025, and 2024, the Company had $1.1 billion and $734 million, respectively, of components included in prepaid expenses and other current assets in the Company’s Consolidated Balance Sheets, related to purchases made to procure components for customers whereby the associated revenue is expected to be accounted for on a net basis once transferred to the customer.
Taxes collected from the Company’s customers and remitted to governmental authorities are presented within the Company’s Consolidated Statements of Operations on a net basis and are excluded from the transaction price. The Company has elected to account for shipping and handling activities related to contracts with customers as costs to fulfill the promise to transfer the goods. Accordingly, the Company records customer payments of shipping and handling costs as a component of net revenue and classifies such costs as a component of cost of revenue.
The Company accounts for the warrant issued to Amazon.com NV Investment Holdings LLC as an equity instrument within additional paid-in-capital at its estimated fair value on the Consolidated Balance Sheets, and the provision for the warrant is recorded as a reduction to revenue on the Consolidated Statements of Operations. To estimate the fair value of the warrant, the Company used the Black-Scholes option pricing model, which is based on assumptions that require management to use judgement. Based on the estimated fair value, the Company determined the amount of provision for common stock warrant, which is amortized ratably as a reduction to revenue based on the Company’s estimate of revenue over the warrant term. Refer to Note 13 – “Stockholders’ Equity” to the Consolidated Financial Statements for further details.
Inventories
Inventories
Inventories are stated at the lower of cost (on a first in, first out (FIFO) basis) and net realizable value. Inventory is valued based on current and forecasted usage, customer inventory-related contractual obligations and other lower of cost and net realizable value considerations. If actual market conditions or customer product demands are less favorable than those projected, additional valuation adjustments may be necessary.
Fulfillment Costs
Fulfillment Costs    
The Company capitalizes costs incurred to fulfill its contracts that i) relate directly to the contract or anticipated contracts, ii) are expected to generate or enhance the Company’s resources that will be used to satisfy the performance obligation under the contract, and iii) are expected to be recovered through revenue generated from the contract. Capitalized fulfillment costs are amortized to cost of revenue as the Company satisfies the related performance obligations under the contract with approximate lives ranging from 1 year to 3 years. These costs, which are included in prepaid expenses and other current assets and other assets on the Consolidated Balance Sheets, generally represent upfront costs incurred to prepare for manufacturing activities.
The Company assesses the capitalized fulfillment costs for impairment at the end of each reporting period. The Company will recognize an impairment loss to the extent the carrying amount of the capitalized costs exceeds the recoverable amount. Recoverability is assessed by considering the capitalized fulfillment costs in relation to the forecasted profitability of the related manufacturing performance obligations.
Property, Plant and Equipment, net
Property, Plant and Equipment, net
Property, plant and equipment is capitalized at cost and depreciated using the straight-line depreciation method over the estimated useful lives of the respective assets. Estimated useful lives for major classes of depreciable assets are as follows:
Asset ClassEstimated Useful Life
Buildings
Up to 35 years
Leasehold improvementsShorter of lease term or useful life of the improvement
Machinery and equipment
2 to 15 years
Furniture, fixtures and office equipment5 years
Computer hardware and software
3 to 7 years
Transportation equipment3 years
Maintenance and repairs are expensed as incurred. The cost and related accumulated depreciation of assets sold or retired is removed from the accounts and any resulting gain or loss is reflected in the Consolidated Statements of Operations as a component of operating income.
Leases
Leases
The Company primarily has leases for buildings, machinery, and equipment with lease terms ranging from 1 year to 31 years. Leases for other classes of assets are not significant. For any leases with an initial term in excess of 12 months, the Company determines whether an arrangement is a lease at contract inception by evaluating if the contract conveys the right to use and control the specific property or equipment. Certain lease agreements contain purchase or renewal options. These options are included in the lease term when it is reasonably certain that the Company will exercise that option. Generally, the Company’s lease agreements do not contain material restrictive covenants.
Right-of-use assets represent the right to use an underlying asset for the lease term and lease liabilities represent an obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized based on the present value of future lease payments over the lease term at the lease commencement date. When determining the present value of future payment, the Company uses the incremental borrowing rate when the implicit rate is not readily determinable. Any payment deemed probable under residual value guarantees is included in lease payments. Any variable payments, other than those that depend on an index or rate, are excluded from right-of-use assets and lease liabilities.
Leases with an initial term of 12 months or less are not recorded as right-of-use assets and lease liabilities in the Consolidated Balance Sheets. Lease expense for these leases is recognized on a straight-line basis over the lease term. The Company has elected the practical expedient to combine lease and non-lease components for building and real estate leases.
Certain equipment and buildings held under finance leases are classified as property, plant and equipment and the related obligation is recorded as accrued expenses and other liabilities on the Consolidated Balance Sheets.
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The Company accounts for goodwill in a business combination as the excess of the cost over the fair value of net assets acquired and is assigned to the reporting unit in which the acquired business will operate. The Company tests goodwill and indefinite-lived intangible assets for impairment during the fourth quarter of each fiscal year or whenever events or changes in circumstances indicate the carrying amount may not be recoverable.
The recoverability of goodwill is measured at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair value of the reporting unit. The Company may elect to perform a qualitative assessment to determine whether it is more likely than not that a reporting unit is impaired. If the qualitative assessment is not performed or if the Company determines that it is not more likely than not that the fair value of the reporting unit exceeds the carrying value, the Company determines the fair value of its reporting units based on an average weighting of both projected discounted future results and the use of comparative market multiples. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a loss recognized in the amount equal to that excess.
The recoverability of indefinite-lived intangible assets is measured by comparing the carrying amount to the fair value. The Company may elect to perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible is impaired. If the qualitative assessment is not performed or if the Company determines that it is not more likely than not that the fair value of an indefinite-lived intangible exceeds the carrying value, the Company determines the fair value principally based on a variation of the income approach, known as the relief from royalty method. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, the indefinite-lived intangible asset is considered impaired.
Business combinations can also result in other intangible assets being recognized. Finite-lived intangible assets are amortized on either a straight-line or accelerated basis over their estimated useful life and include contractual agreements and customer relationships, tradenames and intellectual property. No significant residual values are estimated for the amortizable intangible assets.
Long-lived Assets
Long-lived Assets
Long-lived assets, such as property, plant, and equipment, and finite-lived intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. Recoverability of the asset or asset group is measured by comparing its carrying amount to the undiscounted future net cash flows the asset is expected to generate. If the carrying amount of an asset or asset group is not recoverable, the Company recognizes an impairment loss based on the excess of the carrying amount of the long-lived asset or asset group over its respective fair value, which is generally determined as the present value of estimated future cash flows or as the appraised value.
Derivative Instruments
Derivative Instruments
All derivative instruments are recorded gross on the Consolidated Balance Sheets at their respective fair values. The accounting for changes in the fair value of a derivative instrument depends on the intended use and designation of the derivative instrument.
For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative and the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized immediately in current earnings. For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative instrument is initially reported as a component of AOCI, net of tax, and is subsequently reclassified into the line item within the Consolidated Statements of Operations in which the hedged items are recorded in the same period in which the hedged item affects earnings. The ineffective and excluded portions of the gain or loss is recognized immediately in current earnings. For derivative instruments that are designated and qualify as a net investment hedge, the effective portion of the gain or loss on the derivative instrument is included in change in foreign currency translation in OCI to offset the change in the carrying value of the net investment being hedged until the complete or substantially complete liquidation of the hedged foreign operation. The ineffective and excluded portions of the gain or loss is recognized immediately in current earnings. For derivative instruments that are not designated as hedging instruments, gains and losses from changes in fair values are recognized immediately in current earnings. Cash receipts and cash payments related to derivative instruments are recorded in the same category as the cash flows from the items being hedged on the Consolidated Statements of Cash Flows.
Foreign Currency Transactions
Foreign Currency Transactions
For the Company’s foreign subsidiaries that use a currency other than the U.S. dollar as their functional currency, the assets and liabilities are translated at exchange rates in effect at the balance sheet date, and revenues and expenses are translated at the average exchange rate for the period. The effects of these translation adjustments are reported in accumulated other comprehensive income. Gains and losses arising from transactions denominated in a currency other than the functional currency of the entity involved are included in operating income.
Stock-Based Compensation
Stock-Based Compensation
The Company recognizes stock-based compensation expense, reduced for estimated forfeitures, on a straight-line basis over the requisite service period of the award, which is generally the vesting period for outstanding stock awards.
The stock-based compensation expense for time-based and performance-based restricted stock unit awards (“restricted stock units”) is measured at fair value on the date of grant based on the number of shares expected to vest and the quoted market price of the Company’s common stock. For restricted stock units with performance conditions, stock-based compensation expense is originally based on the number of shares that would vest if the Company achieved 100% of the performance goal, which is the intended outcome at the grant date. Throughout the requisite service period, management monitors the probability of achievement of the performance condition. If it becomes probable, based on the Company’s performance, that more or less than the current estimate of the awarded shares will vest, an adjustment to stock-based compensation expense will be recognized as a change in accounting estimate in the period that such probability changes.
The stock-based compensation expense for market-based restricted stock units is measured at fair value on the date of grant. The market conditions are considered in the grant date fair value using a Monte Carlo valuation model, which utilizes multiple input variables to determine the probability of the Company achieving the specified market conditions. Stock-based compensation expense related to an award with a market condition will be recognized over the requisite service period regardless of whether the market condition is satisfied, provided that the requisite service period has been completed.
The Company currently expects to satisfy share-based awards with registered shares available to be issued.
Income Taxes
Income Taxes
Deferred tax assets (“DTAs”) and liabilities (“DTLs”) are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. DTAs and DTLs are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on DTAs and DTLs of a change in the tax rate is recognized in income in the period that includes the enactment date of the rate change. The Company records a valuation allowance to reduce its DTAs to the amount that is more likely than not to be realized. The Company considers future taxable income and ongoing feasible tax planning strategies in assessing the need for the valuation allowance.
The Company records the effects of the Global Intangible Low-Taxed Income (“GILTI”) as a period cost and applies the incremental cash tax savings approach when analyzing the impact GILTI could have on its U.S. valuation allowance.  The incremental cash tax savings approach considers the realizable benefit of a net operating loss and deferred tax assets by comparing the incremental cash taxes in the calculation of GILTI with and without the net operating loss and other DTAs.
Earnings Per Share
Earnings Per Share
The Company calculates its basic earnings per share by dividing net income attributable to Jabil Inc. by the weighted average number of shares of common stock outstanding during the period. The Company’s diluted earnings per share is calculated in a similar manner but includes the effect of dilutive securities. The difference between the weighted average number of basic shares outstanding and the weighted average number of diluted shares outstanding is primarily due to dilutive unvested restricted stock units.
Potential shares of common stock are excluded from the computation of diluted earnings per share when their effect would be antidilutive. Performance-based restricted stock units are considered dilutive when the related performance criterion have been met assuming the end of the reporting period represents the end of the performance period. Market-based restricted stock units are considered dilutive when the related market criterion have been met assuming the end of the reporting period represents the end of the performance period. All potential shares of common stock are antidilutive in periods of net loss.
Fair Value of Financial Instruments
Fair Value of Financial Instruments
Fair value is categorized in one of three levels based on the lowest level of significant input used. Level 1 – quoted market prices in active markets for identical assets and liabilities; Level 2 – inputs other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 – unobservable inputs for the asset or liability.
New Accounting Guidance
New accounting guidance adopted during the period did not have a material impact to the Company.
Recently issued accounting guidance is not applicable or did not have, or is not expected to have, a material impact to the Company.
v3.25.3
Description of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives for Major Classes of Depreciable Assets Estimated useful lives for major classes of depreciable assets are as follows:
Asset ClassEstimated Useful Life
Buildings
Up to 35 years
Leasehold improvementsShorter of lease term or useful life of the improvement
Machinery and equipment
2 to 15 years
Furniture, fixtures and office equipment5 years
Computer hardware and software
3 to 7 years
Transportation equipment3 years
Property, plant and equipment consists of the following (in millions):
 August 31, 2025August 31, 2024
Land and improvements$95 $108 
Buildings1,486 1,451 
Leasehold improvements714 681 
Machinery and equipment4,122 4,125 
Furniture, fixtures and office equipment219 218 
Computer hardware and software800 824 
Transportation equipment25 7 
Construction in progress(1)
356 346 
Property, plant and equipment7,817 7,760 
Less accumulated depreciation and amortization4,970 4,736 
Property, plant and equipment, net$2,847 $3,024 
(1)    Amount includes short-term and long-term fixed asset costs that are expected to be placed into service.
Schedule of Potential Shares of Common Stock not included in the Computation of Earnings Per Share Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):
 Fiscal Year Ended August 31,
 202520242023
Restricted stock units202.6 343.6 383.1 
v3.25.3
Trade Accounts Receivable Sale Programs (Tables)
 12 Months Ended
Aug. 31, 2025
Transfers and Servicing [Abstract]  
Schedule of Trade Accounts Receivable Sale Programs Key Terms
The following is a summary of the Company’s uncommitted trade accounts receivable sale programs with unaffiliated financial institutions where the Company may elect to sell receivables and the unaffiliated financial institution may elect to purchase, at a discount, on an ongoing basis (in millions):
Program
Maximum Amount(1)(2)
A
$350 
B
$100 
C
1,900 
CNY
D
$230 
E
$170 
F
$75 
G
$100 
H
$2,000 
I
$250 
J
$250 
(1)Maximum amount of trade accounts receivable that may be sold under a facility at any one time.
(2)The trade accounts receivable sale programs either expire on various dates through 2028 or do not have expiration dates and may be terminated upon election of the Company or the unaffiliated financial institutions.
Schedule of Trade Accounts Receivable Sale Programs Amounts Recognized
In connection with the trade accounts receivable sale programs, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$11,358 $8,214 $10,784 
Cash proceeds received$11,300 $8,170 $10,748 
Pre-tax losses on sale of receivables(1)
$58 $44 $36 
(1)Recorded to other expense within the Consolidated Statements of Operations.
v3.25.3
Inventories (Tables)
 12 Months Ended
Aug. 31, 2025
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consist of the following (in millions):
August 31, 2025August 31, 2024
Raw materials$3,905 $3,903 
Work in process335 190 
Finished goods508 246 
Reserve for excess and obsolete inventory(67)(63)
Inventories, net$4,681 $4,276 
v3.25.3
Property, Plant and Equipment (Tables)
 12 Months Ended
Aug. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Components of Property, Plant and Equipment Estimated useful lives for major classes of depreciable assets are as follows:
Asset ClassEstimated Useful Life
Buildings
Up to 35 years
Leasehold improvementsShorter of lease term or useful life of the improvement
Machinery and equipment
2 to 15 years
Furniture, fixtures and office equipment5 years
Computer hardware and software
3 to 7 years
Transportation equipment3 years
Property, plant and equipment consists of the following (in millions):
 August 31, 2025August 31, 2024
Land and improvements$95 $108 
Buildings1,486 1,451 
Leasehold improvements714 681 
Machinery and equipment4,122 4,125 
Furniture, fixtures and office equipment219 218 
Computer hardware and software800 824 
Transportation equipment25 7 
Construction in progress(1)
356 346 
Property, plant and equipment7,817 7,760 
Less accumulated depreciation and amortization4,970 4,736 
Property, plant and equipment, net$2,847 $3,024 
(1)    Amount includes short-term and long-term fixed asset costs that are expected to be placed into service.
Schedule of Depreciation and Maintenance and Repair Expenses
Depreciation and maintenance and repair expenses were as follows for the periods indicated (in millions):
 Fiscal Year Ended August 31,
 202520242023
Depreciation expense$612 $656 $891 
Maintenance and repair expense$271 $335 $431 
v3.25.3
Leases (Tables)
 12 Months Ended
Aug. 31, 2025
Leases [Abstract]  
Schedule of Lease Assets and Lease Liabilities included on Consolidated Balance Sheets
The following table sets forth the amount of lease assets and lease liabilities included on the Company's Consolidated Balance Sheets, as of the periods indicated (in millions):
Financial Statement Line ItemAugust 31, 2025August 31, 2024
Assets
Operating lease assetsOperating lease right-of-use assets$462 $360 
Finance lease assets(1)
Property, plant and equipment, net391 378 
Total lease assets$853 $738 
Liabilities
Current
Operating lease liabilitiesCurrent operating lease liabilities$93 $93 
Finance lease liabilitiesAccrued expenses199 119 
Non-current
Operating lease liabilitiesNon-current operating lease liabilities388 284 
Finance lease liabilitiesOther liabilities166 235 
Total lease liabilities$846 $731 
(1)    Net of accumulated amortization of $136 million and $162 million as of August 31, 2025 and 2024, respectively.
Schedule of Expenses related to Leases included on Consolidated Statements of Operations, Lease Term and Discount Rate and Other Supplemental Information related to Lease Portfolio
The following table is a summary of expenses related to leases included on the Company's Consolidated Statements of Operations, for the periods indicated (in millions):
Fiscal Year Ended August 31,
 20252024
Operating lease cost$119 $118 
Finance lease cost
Amortization of leased assets42 50 
Interest on lease liabilities11 10 
Net lease cost(1)(2)
$172 $178 
(1)Lease costs are primarily recognized in cost of revenue.
(2)Excludes immaterial amounts of short term leases, variable lease costs and sublease income.
The following table is a summary of the weighted-average remaining lease terms and weighted-average discount rates of the Company's leases, as of the periods indicated:
August 31, 2025August 31, 2024
Weighted-average remaining lease termWeighted-average discount rateWeighted-average remaining lease termWeighted-average discount rate
Operating leases7.7 years4.39 %5.7 years3.80 %
Finance leases6.5 years3.57 %5.2 years4.23 %
The following table sets forth other supplemental information related to the Company's lease portfolio (in millions):
Fiscal Year Ended August 31,
 20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases(1)
$104 $116 
Operating cash flows for finance leases(1)
$11 $10 
Financing activities for finance leases(2)
$142 $111 
Non-cash right-of-use assets obtained in exchange for lease liabilities:
Operating leases$208 $109 
Finance leases$136 $163 
(1)Included in accounts payable, accrued expenses and other liabilities in Operating Activities of the Company's Consolidated Statements of Cash Flows.
(2)Included in payments toward debt agreements in Financing Activities of the Company's Consolidated Statements of Cash Flows.
Schedule of Future Minimum Lease Payments Under Operating Leases
The following table sets forth a maturity analysis of operating and finance lease liabilities as of August 31, 2025 (in millions):
Fiscal Year Ended August 31,
Operating Leases(1)
Finance Leases(1)(2)(3)
Total
2026
$112 $208 $320 
2027
91 43 134 
2028
74 22 96 
2029
67 16 83 
2030
51 14 65 
Thereafter199 119 318 
Total lease payments$594 $422 $1,016 
Less: Imputed interest(113)(57)(170)
Present value of lease liabilities$481 $365 $846 
(1)Excludes $176 million of payments related to leases signed but not yet commenced. Additionally, certain leases signed but not yet commenced contain residual value guarantees and purchase options not deemed probable.
(2)Includes a $101 million lease liability related to a lease with a variable interest entity (“VIE”), for which the Company is not the primary beneficiary. The Company’s maximum exposure to loss related to the VIE is $144 million.
(3)Excludes $280 million of residual value guarantees that could potentially come due in future periods. The Company does not believe it is probable that any amounts will be owed under these guarantees. Therefore, no amounts related to the residual value guarantees are included in the lease payments used to measure the right-of-use assets and lease liabilities.
Schedule of Future Minimum Lease Payments Under Finance Leases
The following table sets forth a maturity analysis of operating and finance lease liabilities as of August 31, 2025 (in millions):
Fiscal Year Ended August 31,
Operating Leases(1)
Finance Leases(1)(2)(3)
Total
2026
$112 $208 $320 
2027
91 43 134 
2028
74 22 96 
2029
67 16 83 
2030
51 14 65 
Thereafter199 119 318 
Total lease payments$594 $422 $1,016 
Less: Imputed interest(113)(57)(170)
Present value of lease liabilities$481 $365 $846 
(1)Excludes $176 million of payments related to leases signed but not yet commenced. Additionally, certain leases signed but not yet commenced contain residual value guarantees and purchase options not deemed probable.
(2)Includes a $101 million lease liability related to a lease with a variable interest entity (“VIE”), for which the Company is not the primary beneficiary. The Company’s maximum exposure to loss related to the VIE is $144 million.
(3)Excludes $280 million of residual value guarantees that could potentially come due in future periods. The Company does not believe it is probable that any amounts will be owed under these guarantees. Therefore, no amounts related to the residual value guarantees are included in the lease payments used to measure the right-of-use assets and lease liabilities.
v3.25.3
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Aug. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill Allocated to Reportable Segments and Gross Goodwill Balances and Accumulated Impairments
The following table presents the changes in goodwill allocated to the Company’s reportable segments during the fiscal years ended August 31, 2025 and 2024 (in millions):
Regulated IndustriesIntelligent InfrastructureConnected Living and Digital CommerceTotal
Balance as of August 31, 2023
$447 $69 $105 $621 
Acquisitions and adjustments38 — (4)34 
Change in foreign currency exchange rates5 — 1 6 
Balance as of August 31, 2024
490 69 102 661 
Acquisitions and adjustments(1)
178 7 (12)173 
Change in foreign currency exchange rates5 — 2 7 
Balance as of August 31, 2025
$673 $76 $92 $841 
(1)Primarily in connection with the acquisitions of Pharmaceutics International, Inc. (“Pii”) and Mikros Technologies LLC (“Mikros Technologies”) during the fiscal year ended August 31, 2025. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated (in millions):
 August 31, 2025August 31, 2024
Gross
Carrying
Amount		Accumulated
Impairment		Gross
Carrying
Amount		Accumulated
Impairment
Goodwill$1,861 $1,020 $1,681 $1,020 
Schedule of Finite-Lived Intangible Assets
The following table presents the Company’s total purchased intangible assets as of August 31, 2025, and 2024 (in millions):
 Weighted
Average
Amortization
Period
(in years)
August 31, 2025(1)
August 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Contractual agreements and customer relationships
11$494 $(292)$202 $361 $(270)$91 
Intellectual property8240 (182)58 198 (181)17 
Finite-lived trade names2132 (119)13 130 (95)35 
Total intangible assets10$866 $(593)$273 $689 $(546)$143 
(1)In connection with the acquisition of Pii, the Company acquired $149 million of intangible assets, including $109 million assigned to contractual agreements and customer relationships and $38 million assigned to intellectual property. In connection with the acquisition of Mikros Technologies, the Company acquired $40 million of intangible assets, including $31 million assigned to contractual agreements and customer relationships. See Note 17 – “Business Acquisitions and Divestitures” for additional information.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense is as follows (in millions):
Fiscal Year Ended August 31,
2026
$50 
2027
41 
2028
37 
2029
30 
2030
28 
Thereafter87 
Total$273 
v3.25.3
Notes Payable and Long-Term Debt (Tables)
 12 Months Ended
Aug. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Notes Payable and Long-Term Debt
Notes payable and long-term debt outstanding as of August 31, 2025, and 2024 are summarized below (in millions):
Maturity DateAugust 31, 2025August 31, 2024
3.950% Senior Notes(1)(2)
Jan 12, 2028$499 $498 
3.600% Senior Notes(1)(2)
Jan 15, 2030498 497 
3.000% Senior Notes(1)(2)
Jan 15, 2031595 594 
1.700% Senior Notes(1)(2)
Apr 15, 2026499 499 
4.250% Senior Notes(1)(2)
May 15, 2027497 496 
5.450% Senior Notes(1)(2)
Feb 1, 2029297 296 
Borrowings under credit facilities(3)(4)
Jun 18, 2030— — 
Total notes payable and long-term debt2,885 2,880 
Less current installments of notes payable and long-term debt
499 — 
Notes payable and long-term debt, less current installments
$2,386 $2,880 
(1)The notes are carried at the principal amount of each note, less any unamortized discount and unamortized debt issuance costs.
(2)The Senior Notes are the Company’s senior unsecured obligations and rank equally with all other existing and future senior unsecured debt obligations.
(3)On June 18, 2025, the Company entered into a senior unsecured credit agreement (the “Agreement”). The Agreement provides for a five-year revolving credit facility in the initial amount of $3.2 billion (the “Revolving Credit Facility”), which may, subject to the lender’s discretion, potentially be increased by up to an aggregate amount of $1.0 billion. The Revolving Credit Facility expires on June 18, 2030, subject to unlimited successive one-year extension options (subject to the lenders’ discretion), provided that the tenor of the Revolving Credit Facility shall at no time exceed five-years. Interest and fees on advances under the Revolving Credit Facility are based on the Company’s non-credit enhanced long-term senior unsecured debt rating as determined by S&P Global Ratings, Moody’s Ratings and Fitch Ratings. In
connection with the Company’s entry into the Agreement, the Company terminated its $3.2 billion credit agreement dated January 22, 2020.
Interest for borrowings under the Revolving Credit Facility is charged at a rate equal to either 0.00% to 0.45% above the base rate or 0.90% to 1.45% above the benchmark rate, as applicable, based on the Company’s credit ratings. The base rate represents the greatest of: (i) Citibank, N.A.’s prime rate, (ii) 0.50% above the federal funds rate, and (iii) 1.0% above one-month Term SOFR, but not less than zero. The benchmark rate represents Term SOFR, EURIBOR, TIBOR or Daily Simple SOFR, as applicable, for the applicable interest period, but not less than zero. Fees include a facility fee based on the revolving credit commitments of the lenders and a letter of credit fee based on the amount of outstanding letters of credit.
(4)As of August 31, 2025, the Company had $4.0 billion in available unused borrowing capacity under its existing revolving credit facilities, of which $3.2 billion was available under the Revolving Credit Facility. The Revolving Credit Facility acts as the back-up facility for commercial paper outstanding, if any. The Company has a borrowing capacity of up to $3.2 billion under its commercial paper program.
Schedule of Debt Maturities
Debt maturities as of August 31, 2025 are as follows (in millions):
Fiscal Year Ended August 31,
2026
$499 
2027
497 
2028
499 
2029
297 
2030
498 
Thereafter595 
Total$2,885 
v3.25.3
Asset-Backed Securitization Programs (Tables)
 12 Months Ended
Aug. 31, 2025
Transfers and Servicing [Abstract]  
Schedule of Asset-Backed Securitization Programs Amount Recognized
In connection with the asset-backed securitization program, the Company recognized the following (in millions):
Fiscal Year Ended August 31,
202520242023
Trade accounts receivable sold$4,152 $4,000 $4,101 
Cash proceeds received(1)
$4,111 $3,953 $4,061 
Pre-tax losses on sale of receivables(2)
$41 $47 $40 
(1)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.
(2)Recorded to other expense within the Consolidated Statements of Operations.
v3.25.3
Accrued Expenses (Tables)
 12 Months Ended
Aug. 31, 2025
Accrued Liabilities, Current [Abstract]  
Schedule of Accrued Expenses
Accrued expenses consist of the following (in millions):
August 31, 2025August 31, 2024
Inventory deposits$1,205 $1,582 
Contract liabilities(1)
1,016 1,017 
Accrued compensation and employee benefits756 699 
Other accrued expenses2,208 2,201 
Accrued expenses$5,185 $5,499 
(1)Revenue recognized during the fiscal years ended August 31, 2025 and 2024 that was included in the contract liability balance as of August 31, 2024, and 2023 was $592 million and $507 million, respectively.
v3.25.3
Postretirement and Other Employee Benefits (Tables)
 12 Months Ended
Aug. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Reconciliation of Change in Benefit Obligations for Plans
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
 Fiscal Year Ended August 31,
 20252024
Change in PBO
Beginning PBO$513 $461 
Service cost23 21 
Interest cost11 12 
Actuarial loss
5 32 
Settlements paid from plan assets(1)
(47)(43)
Total benefits paid(10)(10)
Plan participants’ contributions13 13 
Plan amendments— 11 
Effect of conversion to U.S. dollars29 16 
Ending PBO$537 $513 
Change in plan assets
Beginning fair value of plan assets524 486 
Actual return on plan assets21 41 
Settlements paid from plan assets(1)
(47)(43)
Employer contributions16 17 
Benefits paid from plan assets(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars29 20 
Ending fair value of plan assets$548 $524 
Funded status$11 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$13 $13 
Accumulated other comprehensive loss(2)
Actuarial gain, before tax
$(47)$(54)
Prior service cost, before tax
$18 $23 
(1)The settlements recognized during fiscal years 2025 and 2024 relate primarily to the Switzerland plan.
(2)The Company anticipates amortizing $1 million and $6 million, before tax, of net actuarial gain and prior service cost balances, respectively, to net periodic cost in fiscal year 2026.
Schedule of Reconciliation of Changes in Pension Plan Assets
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
 Fiscal Year Ended August 31,
 20252024
Change in PBO
Beginning PBO$513 $461 
Service cost23 21 
Interest cost11 12 
Actuarial loss
5 32 
Settlements paid from plan assets(1)
(47)(43)
Total benefits paid(10)(10)
Plan participants’ contributions13 13 
Plan amendments— 11 
Effect of conversion to U.S. dollars29 16 
Ending PBO$537 $513 
Change in plan assets
Beginning fair value of plan assets524 486 
Actual return on plan assets21 41 
Settlements paid from plan assets(1)
(47)(43)
Employer contributions16 17 
Benefits paid from plan assets(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars29 20 
Ending fair value of plan assets$548 $524 
Funded status$11 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$13 $13 
Accumulated other comprehensive loss(2)
Actuarial gain, before tax
$(47)$(54)
Prior service cost, before tax
$18 $23 
(1)The settlements recognized during fiscal years 2025 and 2024 relate primarily to the Switzerland plan.
(2)The Company anticipates amortizing $1 million and $6 million, before tax, of net actuarial gain and prior service cost balances, respectively, to net periodic cost in fiscal year 2026.
Schedule of Amounts Recognized in Balance Sheet
The projected benefit obligations (“PBO”) and plan assets, changes to the PBO and plan assets and the funded status of the plans as of and for the fiscal years ended August 31 are as follows (in millions):
 Fiscal Year Ended August 31,
 20252024
Change in PBO
Beginning PBO$513 $461 
Service cost23 21 
Interest cost11 12 
Actuarial loss
5 32 
Settlements paid from plan assets(1)
(47)(43)
Total benefits paid(10)(10)
Plan participants’ contributions13 13 
Plan amendments— 11 
Effect of conversion to U.S. dollars29 16 
Ending PBO$537 $513 
Change in plan assets
Beginning fair value of plan assets524 486 
Actual return on plan assets21 41 
Settlements paid from plan assets(1)
(47)(43)
Employer contributions16 17 
Benefits paid from plan assets(8)(10)
Plan participants’ contributions13 13 
Effect of conversion to U.S. dollars29 20 
Ending fair value of plan assets$548 $524 
Funded status$11 $11 
Amounts recognized in the Consolidated Balance Sheets
Accrued benefit liability, current$2 $2 
Accrued benefit asset, noncurrent$13 $13 
Accumulated other comprehensive loss(2)
Actuarial gain, before tax
$(47)$(54)
Prior service cost, before tax
$18 $23 
(1)The settlements recognized during fiscal years 2025 and 2024 relate primarily to the Switzerland plan.
(2)The Company anticipates amortizing $1 million and $6 million, before tax, of net actuarial gain and prior service cost balances, respectively, to net periodic cost in fiscal year 2026.
Schedule of Accumulated Benefit Obligations
The following table summarizes the total accumulated benefit obligations (“ABO”), the ABO and fair value of plan assets for defined benefit pension plans with ABO in excess of plan assets, and the PBO and fair value of plan assets for defined benefit pension plans with PBO in excess of plan assets for fiscal years 2025 and 2024 (in millions):
 August 31, 2025August 31, 2024
ABO$518 $495 
Plans with ABO in excess of plan assets
ABO$42 $41 
Fair value of plan assets$14 $14 
Plans with PBO in excess of plan assets
PBO$51 $50 
Fair value of plan assets$14 $14 
Schedule of Information About Net Periodic Benefit Cost for Plans
The following table provides information about the net periodic benefit cost for the plans for fiscal years 2025, 2024 and 2023 (in millions):
 Fiscal Year Ended August 31,
 202520242023
Service cost(1)
$23 $21 $18 
Interest cost(2)
11 12 12 
Expected long-term return on plan assets(2)
(18)(17)(17)
Recognized actuarial gain(2)
(6)(7)(7)
Amortization of actuarial gains(2)(3)
(2)(3)(7)
Amortization of prior service costs(2)
5 5 4 
Net periodic benefit cost
$13 $11 $3 
(1)Service cost is recognized in cost of revenue in the Consolidated Statements of Operations.
(2)Components are recognized in other expense in the Consolidated Statements of Operations.
(3)Actuarial gains and losses are amortized using a corridor approach. The gain/loss corridor is equal to 10 percent of the greater of the projected benefit obligation and the fair value of plan assets. Gains and losses in excess of the corridor are generally amortized over the average future working lifetime of the plan participants.
Schedule of Weighted-Average Actuarial Assumptions
Weighted-average actuarial assumptions used to determine net periodic benefit cost and PBO for the plans for the fiscal years 2025, 2024, and 2023 were as follows:
 Fiscal Year Ended August 31,
 202520242023
Net periodic benefit cost:
       Expected long-term return on plan assets(1)
3.7 %3.7 %3.6 %
Rate of compensation increase1.8 %1.9 %2.1 %
Discount rate2.1 %2.8 %2.6 %
PBO:
Expected long-term return on plan assets3.3 %3.7 %3.7 %
Rate of compensation increase1.1 %1.8 %1.9 %
       Discount rate(2)
2.2 %2.1 %2.8 %
(1)The expected return on plan assets assumption used in calculating net periodic benefit cost is based on historical return experience and estimates of future long-term performance with consideration to the expected investment mix of the plan.
(2)The discount rate is used to state expected cash flows relating to future benefits at a present value on the measurement date. This rate represents the market rate for high-quality fixed income investments whose timing would match the cash outflow of retirement benefits. Other assumptions include demographic factors such as retirement, mortality and turnover.
Schedule of Fair Values of Plan Assets by Asset Category
The fair values of the plan assets held by the Company by asset category are as follows (in millions):
  August 31, 2025August 31, 2024
 Fair Value
Hierarchy		Fair ValueAsset
Allocation		Fair ValueAsset
Allocation
Asset Category
Cash and cash equivalents(1)
Level 1$16 3 %$12 2 %
Equity Securities:
Global equity securities(2)(3)
Level 2249 46 %235 45 %
Debt Securities:
Corporate bonds(3)
Level 2232 42 %223 43 %
Government bonds(3)
Level 240 7 %43 8 %
Other Investments:
Insurance contracts(4)
Level 311 2 %11 2 %
Fair value of plan assets
$548 100 %$524 100 %
 
(1)Carrying value approximates fair value.
(2)Investments in equity securities by companies incorporated, listed or domiciled in developed and/or emerging market countries.
(3)Investments in global equity securities, corporate bonds, government securities and government bonds are valued using the quoted prices of securities with similar characteristics.
(4)Consist of an insurance contract that guarantees the payment of the funded pension entitlements, as well as provides a profit share to the Company. The profit share in this contract is not based on actual investments, but, instead on a notional investment portfolio that is expected to return a pre-defined rate. Insurance contract assets are recorded at fair value and is determined based on the cash surrender value of the insured benefits which is the present value of the guaranteed funded benefits. Insurance contracts are valued using unobservable inputs (Level 3 inputs), primarily by discounting expected future cash flows relating to benefits paid from a notional investment portfolio in order to determine the cash surrender value of the policy. The unobservable inputs consist of estimated future benefits to be paid throughout the duration of the policy and estimated discount rates, which both have an immaterial impact on the fair value estimate of the contract.
Schedule of Estimated Future Benefit Payments
The Company expects to make cash contributions between $26 million and $32 million to its funded pension plans during fiscal year 2026. The estimated future benefit payments, which reflect expected future service, are as follows (in millions):
Fiscal Year Ended August 31,Amount
2026
$30 
2027
$31 
2028
$31 
2029
$32 
2030
$34 
2031 through 2035
$173 
v3.25.3
Derivative Financial Instruments and Hedging Activities (Tables)
 12 Months Ended
Aug. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Maturity Date and Aggregate Notional Amount Outstanding of Net Investment Hedges The maturity dates and aggregate notional amount of these outstanding contracts are as follows (in millions):
Maturity dateAugust 31, 2025August 31, 2024
October 2024$— $140 
January 2025— 106 
July 2025— 55 
October 2025103 — 
January 2026200 106 
April 202642 — 
July 202645 — 
Total$390 $407 
Schedule of Net Gains (Losses) from Forward Contracts Recorded in Consolidated Statements of Operations
The following table sets forth the gains and losses of the Company's derivative instruments designated as cash flow hedges and net investment hedges in OCI, and not designated as hedging instruments in the Consolidated Statements of Operations for the periods presented (in millions):
Fiscal Year Ended August 31,
Financial Statement Line Item202520242023
Derivative instruments designated as cash flow hedges:
Gains (losses) recognized in OCI(1)
$14 $(21)$(25)
Losses (gains) reclassified from AOCI into earnings(1)(2)
Forward foreign exchange contractsCost of revenue$8 $22 $44 
Interest rate contractsInterest expense, net$(3)$(3)$(2)
Derivative instruments designated as net investment hedges:
Losses recognized in OCI(1)
$(18)$(16)$(4)
Gains reclassified from AOCI into earnings(1)
Gain from the divestiture of businesses$— $(4)$— 
Derivative instruments not designated as hedging instruments:
(Losses) gains recognized in earnings from forward foreign exchange contractsCost of revenue$(36)$16 $(111)
(Losses) gains recognized in earnings from changes in foreign currencyCost of revenue$(6)$(52)$58 
(1)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2025, 2024, and 2023.
(2)The Company expects to reclassify $15 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue.
v3.25.3
Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Aug. 31, 2025
Equity [Abstract]  
Schedule of Changes in AOCI
The following table sets forth the changes in AOCI, net of tax, by component during the fiscal year ended August 31, 2025 (in millions):
Foreign Currency
Translation Adjustment		Net Investment HedgesDerivative
Instruments		Actuarial Gain (Loss)Prior Service (Cost) CreditTotal
Balance as of August 31, 2024
$(44)$(24)$12 $29 $(19)$(46)
Other comprehensive income (loss) before reclassifications34 (18)

14 (4)— 26 
Amounts reclassified from AOCI— — 

5 (7)

5 3 
Other comprehensive income (loss)(1)
34 (18)19 (11)5 29 
Balance as of August 31, 2025
$(10)$(42)$31 $18 $(14)$(17)
(1)Amounts are net of tax, which are immaterial.
Schedule of Reclassification from AOCI
The following table sets forth the amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in millions):
Fiscal Year Ended August 31,(1)
Comprehensive Income ComponentsFinancial Statement Line Item202520242023
Realized gains on foreign currency translationGain from the divestiture of businesses$— $(2)$— 
Realized (gains) losses on pension and postretirement plans:
Actuarial gains
(2)
(7)(8)(14)
Prior service costs
(2)
5 4 4 
(1)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2025, 2024 and 2023.
(2)Amounts are included in the computation of net periodic benefit cost. Refer to Note 10 – “Postretirement and Other Employee Benefits” for additional information.
v3.25.3
Stockholders' Equity (Tables)
 12 Months Ended
Aug. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Recognized Stock-Based Compensation
The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in millions):
 Fiscal Year Ended August 31,
 202520242023
Restricted stock units$89 $70 $81 
Employee stock purchase plan18 19 14 
Total$107 $89 $95 
Schedule of Shares Available for Issuance
Following is a reconciliation of the shares available to be issued under the 2021 EIP as of August 31, 2025:
 Shares Available for Grant
Balance as of August 31, 2024
8,038,332 
Restricted stock units granted, net of forfeitures(1)
(903,162)
Balance as of August 31, 2025
7,135,170 
 
(1)Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria.
Schedule of Restricted Stock Activity
The following table summarizes restricted stock units activity from August 31, 2024 through August 31, 2025:
SharesWeighted-Average
Grant-Date
Fair Value
Outstanding as of August 31, 2024
2,531,774 $91.51 
Changes during the period
Shares granted(1)
1,020,580 $135.21 
Shares vested(1,117,182)$81.03 
Shares forfeited(117,418)$106.13 
Outstanding as of August 31, 2025
2,317,754 $115.06 
(1)For those shares granted that are based on the achievement of certain performance criteria, the amount represents the maximum number of shares that can vest. During the fiscal year ended August 31, 2025, the Company awarded
approximately 0.6 million time-based restricted stock units, 0.1 million performance-based restricted stock units and 0.1 million market-based restricted stock units based on target performance criteria.
Schedule of Share-based Compensation Information
The following table represents the restricted stock units stock-based compensation information for the periods indicated (in millions):
 Fiscal Year Ended August 31,
 202520242023
Fair value of restricted stock units vested$91 $85 $93 
Tax benefit for stock compensation expense(1)
$2 $3 $2 
Unrecognized stock-based compensation expense – restricted stock units$60 
Remaining weighted-average period for restricted stock units expense1.4 years
 
(1)Classified as income tax expense within the Consolidated Statements of Operations.
Schedule of Weighted Average Assumptions Used in Black-Scholes Option Pricing Model
The fair value of shares issued under the ESPP was estimated on the commencement date of each offering period using the Black-Scholes option pricing model. The following weighted-average assumptions were used in the model for each respective period:
 Fiscal Year Ended August 31,
 202520242023
Expected dividend yield0.1 %0.1 %0.3 %
Risk-free interest rate4.9 %5.4 %3.4 %
Expected volatility(1)
39.1 %34.1 %37.4 %
Expected life0.5 years0.5 years0.5 years
(1)The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
Schedule of Cash Dividends Declared to Common Stockholders
The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders during fiscal years 2025 and 2024:
(in millions, except for per share data)Dividend
Declaration Date		Dividend
per Share		Total of Cash
Dividends
Declared		Date of Record for
Dividend Payment		Dividend Cash
Payment Date
Fiscal Year 2025
October 17, 2024$0.08 $9 November 15, 2024December 3, 2024
January 23, 2025$0.08 $8 February 18, 2025March 4, 2025
April 16, 2025$0.08 $9 May 15, 2025June 3, 2025
July 17, 2025$0.08 $9 August 15, 2025September 3, 2025
Fiscal Year 2024
October 19, 2023$0.08 $11 November 15, 2023December 4, 2023
January 25, 2024$0.08 $10 February 15, 2024March 4, 2024
April 17, 2024$0.08 $9 May 15, 2024June 4, 2024
July 18, 2024$0.08 $10 August 15, 2024September 4, 2024
Schedule of Common Stock Outstanding
The following represents the common stock outstanding for the fiscal year ended:
Fiscal Year Ended August 31,
202520242023
Common stock outstanding:
Beginning balances
113,744,167 131,294,422 135,493,980 
Shares issued under employee stock purchase plan
593,727 628,960 1,043,294 
Vesting of restricted stock
1,117,182 1,802,380 2,014,802 
Purchases of treasury stock under employee stock plans
(330,256)(537,318)(571,606)
Treasury shares purchased(7,643,925)(19,444,277)(6,686,048)
Ending balances
107,480,895 113,744,167 131,294,422 
Schedule of Repurchase of Common Stock under Share Repurchase Program and Common Stock Repurchased through Open Market
The Company repurchases shares of its common stock under share repurchase programs authorized by the Company’s Board of Directors. The following Board approved share repurchase programs were executed through a combination of open market transactions and accelerated share repurchase (“ASR”) agreements (in millions):
Board Approval DateAmount AuthorizedShares RepurchasedTotal Cash UtilizedRemaining AuthorizationAuthorization Completion Date
2022 Share Repurchase ProgramQ4 FY 2021$1,000 16.5$1,000 $— Q2 FY 2023
2023 Share Repurchase ProgramQ1 FY 2023$1,000 2.7$224 
(1)
Q4 FY 2023
Amended 2023 Share Repurchase ProgramQ1 FY 2024$2,500 20.4$2,500 $— Q1 FY 2025
2025 Share Repurchase ProgramQ1 FY 2025$1,000 6.6$1,000 $— Q4 FY 2025
2026 Share Repurchase Program(2)
Q4 FY 2025$1,000 0.6$135 $865 
(1)In September 2023, the Board of Directors amended and increased the 2023 Share Repurchase Program to allow for the repurchase of up to $2.5 billion of the Company’s common stock.
(2)As of October 10, 2025, 0.6 million shares had been repurchased for $135 million and $865 million remains available under the 2026 Share Repurchase Program.
In addition, the Company repurchased shares of its common stock through the open market as follows (in millions):
Fiscal Year Ended August 31,
202520242023
SharesCostSharesCostSharesCost
Open market share repurchases(1)
2.8$377 11.3$1,445 6.7$487 
(1)As of October 10, 2025, 0.6 million shares had been repurchased for $135 million through open market transactions under the 2026 Share Repurchase Program.
Schedule of Accelerated Share Repurchases Agreement
The terms of ASR agreements, structured as outlined above, were as follows (in millions, except average price):
Agreement Execution DateAgreement Settlement DateAgreement AmountInitial Shares DeliveredAdditional Shares DeliveredTotal Shares DeliveredAverage Price Paid Per Share
Q1 FY 2024Q1 FY 2024$500 3.30.63.9$128.61 
Q4 FY 2024Q1 FY 2025(1)$555 4.21.05.2$107.08 
Q2 FY 2025Q3 FY 2025(2)$310 1.80.22.0$154.44 
Q3 FY 2025Q4 FY 2025(3)$309 1.80.01.8$171.91 
(1)In September 2024, as part of the amended 2023 Share Repurchase Program, an ASR transaction was completed, and 1.0 million additional shares were delivered under the Q4 FY 2024 ASR agreements.
(2)In December 2024, as part of the 2025 Share Repurchase Program, the Company entered into ASR agreements to repurchase $310 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the Company made payments of $310 million to participating financial institutions and received an initial delivery of shares of common stock. In March 2025, the ASR transaction was completed, and 0.2 million additional shares were delivered under the Q2 FY 2025 ASR agreements.
(3)In March 2025, as part of the 2025 Share Repurchase Program, the Company entered into ASR agreements to repurchase $309 million, excluding excise tax, of the Company’s common stock. Under the ASR agreements, the
Company made payments of $309 million to participating financial institutions and received an initial delivery of shares of common stock. In July 2025, the ASR transaction was completed and no additional shares were delivered under the Q3 FY 2025 ASR agreements.
Schedule of Estimated Fair Value of Warrant
The estimated fair value of the Warrant was determined as of the issuance date, using the Black-Scholes option pricing model. The following assumptions were used in the model:
December 27, 2024
Stock price$145.92
Exercise price$137.77
Expected life7.0 years
Expected volatility(1)
34.4 %
Risk-free interest rate4.5 %
(1)The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
Schedule of Warrant Activity
The following table summarizes the Warrant activity for the fiscal year ended August 31, 2025:
Warrant Shares
Outstanding as of August 31, 2024
— 
Changes during the period
Shares granted1,158,539 
Shares vested(59,582)
Outstanding as of August 31, 2025
1,098,957 
Exercisable as of August 31, 2025
59,582 
v3.25.3
Concentration of Risk and Segment Data (Tables)
 12 Months Ended
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,
 20252024202320252024
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, 2025August 31, 2024August 31, 2023
Regulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotalRegulated IndustriesIntelligent infrastructureConnected Living and Digital CommerceTotal
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 time11,402 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 margin5.4 %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,
 202520242023
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, 2025August 31, 2024
Total assets:
Regulated Industries$6,262 $5,855 
Intelligent Infrastructure3,739 2,624 
Connected Living and Digital Commerce2,199 2,297 
Other non-allocated assets6,343 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,
 202520242023
Net RevenueLong-Lived AssetsNet RevenueLong-Lived AssetsNet RevenueLong-Lived Assets
Mexico
$5,689 $514 $5,872 $647 $6,083 $670 
China
4,196 635 4,810 736 5,868 865 
Malaysia3,644 358 *352 **
Singapore(1)
**4,486 *7,385 *
Other
8,829 1,170 8,668 1,074 10,431 1,338 
Total Foreign22,358 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.
v3.25.3
Restructuring, Severance and Related Charges (Tables)
 12 Months Ended
Aug. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring, Severance and Related Charges and Liability Activity
Following is a summary of the Company’s restructuring, severance and related charges (in millions):
 Fiscal Year Ended August 31,
 
2025(1)
2024(2)
2023(3)
Employee severance and benefit costs$58 $177 $48 
Lease costs6 2 — 
Asset write-off costs53 79 5 
Other costs64 38 4 
Total restructuring, severance and related charges(4)
$181 $296 $57 
(1)Primarily relates to the 2025 Restructuring Plan.
(2)Primarily relates to the 2024 Restructuring Plan.
(3)Primarily relates to headcount reduction to further optimize the Company's business activities.
(4)Except for asset write-off costs, all restructuring, severance and related charges are cash costs.
The following table presents the Company’s restructuring, severance, and related charges disaggregated by segment (in millions):
Fiscal Year Ended August 31,
 202520242023
Total restructuring, severance and related charges:
Regulated Industries$80 $75 $11 
Intelligent Infrastructure34 69 10 
Connected Living and Digital Commerce21 84 24 
Non-allocated charges46 68 12 
Total$181 $296 $57 
The table below summarizes the Company’s liability activity, primarily associated with the 2025 Restructuring Plan (in millions):
Employee Severance
and Benefit Costs		Lease CostsAsset Write-off CostsOther Related CostsTotal
Balance as of August 31, 2024
$— $— $— $— $— 
Restructuring related charges61 6 43 58 168 
Asset write-off charge and other non-cash activity— — (43)(33)(76)
Cash payments(54)(6)— (10)(70)
Balance as of August 31, 2025
$7 $— $— $15 $22 
The table below summarizes the Company’s liability activity, primarily associated with the 2024 Restructuring Plan (in millions):
Employee 
Severance
and Benefit Costs		Lease CostsAsset Write-off CostsOther Related CostsTotal
Balance as of August 31, 2024
$66 $1 $— $5 $72 
Restructuring related charges(3)— 10 6 13 
Asset write-off charge and other non-cash activity— — (10)(2)(12)
Cash payments(54)(1)— (7)(62)
Balance as of August 31, 2025
$9 $— $— $2 $11 
v3.25.3
Income Taxes (Tables)
 12 Months Ended
Aug. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Income (Loss) Before Income Tax Expense
Income (loss) before income tax expense is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Domestic$(255)$(366)$(315)
Foreign1,147 2,117 1,577 
Total$892 $1,751 $1,262 
Schedule of Income Tax Expense (Benefit)
Income tax expense (benefit) is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Current:
Domestic – federal
$(16)$— $1 
Domestic – state
15 5 2 
Foreign356 442 350 
Total current355 447 353 
Deferred:
Domestic – federal
(15)12 (2)
Domestic – state
(5)(2)4 
Foreign
(100)(94)89 
Total deferred(120)(84)91 
Total income tax expense$235 $363 $444 
Schedule of Reconciliations of Income Tax Expense at U.S. Federal Statutory Income Tax Rate
Reconciliation of the U.S. federal statutory income tax rate to the Company’s effective income tax rate is summarized below:
 Fiscal Year Ended August 31,
 202520242023
U.S. federal statutory income tax rate21.0 %21.0 %21.0 %
State income taxes, net of federal tax benefit0.6 (0.3)0.2 
Impact of foreign tax rates(1)
(2.0)0.1 (1.8)
Permanent differences(0.3)0.5 (0.5)
Income tax credits(1)
(1.7)(0.7)(0.5)
Valuation allowance(2)
1.0 3.5 1.1 
Equity compensation1.1 (0.4)0.5 
Impact of intercompany charges and dividends1.9 (0.7)2.4 
Global Intangible Low-Taxed Income1.4 1.9 0.8 
Change in indefinite reinvestment assertion(3)
0.3 0.4 11.7 
Divestiture of businesses(4)
2.3 (5.9)— 
Other, net0.8 1.3 0.3 
Effective income tax rate26.4 %20.7 %35.2 %
(1)The Company has been granted tax incentives for various subsidiaries in Malaysia, Singapore, Vietnam, Brazil, and Israel, which primarily expire at various dates through fiscal year 2030 and are subject to certain conditions with which the Company expects to comply. Tax incentives resulted in a tax benefit of approximately $75 million ($0.68 per basic weighted average shares outstanding), $54 million ($0.44 per basic weighted average shares outstanding) and $74 million ($0.56 per basic weighted average shares outstanding) during the fiscal years ended August 31, 2025, 2024, and 2023, respectively.
(2)For the fiscal year ended August 31, 2025, the valuation allowance change was primarily due to the change in deferred tax assets for sites with existing valuation allowances.
(3)As a result of certain operations being classified as held for sale, the Company made a change to its indefinite reinvestment assertions for the fiscal year ended August 31, 2023.
(4)For the fiscal year ended August 31, 2025, the divestiture of businesses is primarily related to the divestiture of the Italy operations. For the fiscal year ended August 31, 2024, the divestiture of businesses was related to the sale of the Mobility Business.
Schedule of Deferred Tax Assets and Liabilities
Significant components of the deferred tax assets and liabilities are summarized below (in millions):
 August 31, 2025August 31, 2024
Deferred tax assets:
Net operating loss carryforwards$227 $183 
Inventories28 18 
Compensated absences16 14 
Accrued expenses131 109 
Property, plant and equipment34 2 
Domestic tax credits22 45 
Foreign jurisdiction tax credits5 9 
Equity compensation8 11 
Domestic interest carryforwards11 19 
Capital loss carryforwards32 26 
Revenue recognition49 27 
Operating and finance lease liabilities35 40 
Other45 39 
Total deferred tax assets before valuation allowances643 542 
Less valuation allowances(400)(368)
Net deferred tax assets$243 $174 
Deferred tax liabilities:
Unremitted earnings of foreign subsidiaries$38 $83 
Intangible assets49 29 
Operating lease assets91 81 
Other4 28 
Total deferred tax liabilities$182 $221 
Net deferred tax assets (liabilities)$61 $(47)
Schedule of Tax Carryforwards
The amount and expiration dates of income tax net operating loss carryforwards, tax credit carryforwards, and tax capital loss carryforwards, which are available to reduce future taxes, if any, as of August 31, 2025, are as follows (in millions):
Last Fiscal Year of ExpirationAmount
Income tax net operating loss carryforwards:(1)
Domestic - federal2037 or indefinite$169 
Domestic – state
2045 or indefinite$60 
Foreign2035 or indefinite$680 
Tax credit carryforwards:(1)
Domestic – federal
2035$18 
Domestic – state
2039 or indefinite$4 
Foreign(2)
2027$5 
Tax capital loss carryforwards:
Domestic – federal
2030$127 
(1)Net of unrecognized tax benefits.
(2)Calculated based on the deferral method and includes foreign investment tax credits.
Schedule of Operating Loss Carryforwards
The amount and expiration dates of income tax net operating loss carryforwards, tax credit carryforwards, and tax capital loss carryforwards, which are available to reduce future taxes, if any, as of August 31, 2025, are as follows (in millions):
Last Fiscal Year of ExpirationAmount
Income tax net operating loss carryforwards:(1)
Domestic - federal2037 or indefinite$169 
Domestic – state
2045 or indefinite$60 
Foreign2035 or indefinite$680 
Tax credit carryforwards:(1)
Domestic – federal
2035$18 
Domestic – state
2039 or indefinite$4 
Foreign(2)
2027$5 
Tax capital loss carryforwards:
Domestic – federal
2030$127 
(1)Net of unrecognized tax benefits.
(2)Calculated based on the deferral method and includes foreign investment tax credits.
Schedule of Reconciliations of Unrecognized Tax Benefits
Reconciliation of the unrecognized tax benefits is summarized below (in millions):
 Fiscal Year Ended August 31,
 202520242023
Beginning balance$168 $257 $253 
Additions for tax positions of prior years8 19 1 
Reductions for tax positions of prior years(4)(21)(7)
Additions for tax positions related to current year(1)
14 22 23 
Additions related to acquired entities5 — — 
Divestiture of businesses— (49)— 
Reductions from lapses in statutes of limitations(2)
(36)(2)(8)
Settlements(3)
(13)(58)(5)
Ending balance$142 $168 $257 
Unrecognized tax benefits that would affect the effective tax rate (if recognized)
$89 $94 $150 
(1)The additions for the fiscal years ended August 31, 2025, 2024 and 2023 are primarily related to taxation of certain intercompany transactions.
(2)The reductions from lapses in statutes of limitations for the fiscal year ended August 31, 2025, are primarily related to intercompany transactions and entitlement to tax credits.
(3)Settlements for the fiscal year ended August 31, 2024, primarily relates to the settlement of a U.S. audit.
v3.25.3
Fair Value Measurements (Tables)
 12 Months Ended
Aug. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets and Liabilities Measured at Fair Value
The following table presents the fair value of the Company's financial assets and liabilities measured at fair value by hierarchy level on a recurring basis as of the periods indicated (in millions):
Fair Value HierarchyAugust 31, 2025August 31, 2024
Assets:
Cash and cash equivalents:
Cash equivalentsLevel 1
(1)
$392 $303 
Prepaid expenses and other current assets:
Short-term investmentsLevel 127 27 
Forward foreign exchange contracts:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
19 11 
Derivatives not designated as hedging instruments (Note 11)
Level 2
(2)
26 25 
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
1 — 
Liabilities:
Accrued expenses:
Forward foreign exchange contracts:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
$— $28 
Derivatives not designated as hedging instruments (Note 11)
Level 2
(2)
9 22 
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
13 6 
Forward interest rate swaps:
Derivatives designated as hedging instruments (Note 11)
Level 2
(3)
1 — 
Other liabilities:
Net investment hedges:
Derivatives designated as hedging instruments (Note 11)
Level 2
(2)
— 5 
(1)Consist of investments that are readily convertible to cash with original maturities of 90 days or less.
(2)The Company’s forward foreign exchange contracts, including cash flow hedges and net investment hedges are measured on a recurring basis at fair value, based on foreign currency spot rates and forward rates quoted by banks or foreign currency dealers.
(3)Fair value measurements are based on the contractual terms of the derivatives and use observable market-based inputs. The interest rate swaps are valued using a discounted cash flow analysis on the expected cash flows of each derivative using observable inputs including interest rate curves and credit spreads.
Schedule of Carrying Amounts and Fair Values of Notes Payable and Long-term Debt The following table presents the carrying amounts and fair values of the Company's notes payable and long-term debt, by hierarchy level as of the periods indicated (in millions):
August 31, 2025August 31, 2024
Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Notes payable and long-term debt: (Note 7)
3.950% Senior Notes
Level 2
(1)
$499 $496 $498 $487 
3.600% Senior Notes
Level 2
(1)
$498 $480 $497 $468 
3.000% Senior Notes
Level 2
(1)
$595 $551 $594 $529 
1.700% Senior Notes
Level 2
(1)
$499 $492 $499 $476 
4.250% Senior Notes
Level 2
(1)
$497 $500 $496 $495 
5.450% Senior Notes
Level 2
(1)
$297 $308 $296 $306 
(1)The fair value estimates are based upon observable market data.
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Fulfillment Costs (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Capitalized costs $ 98 $ 141  
Amortization of fulfillment cost $ 62 $ 80 $ 91
Minimum      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Performance obligation, period (in years) 1 year    
Maximum      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Performance obligation, period (in years) 3 years    
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Schedule of Estimated Useful Lives for Major Classes of Depreciable Assets (Details)
Aug. 31, 2025
Buildings  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 35 years
Machinery and equipment | Minimum  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 2 years
Machinery and equipment | Maximum  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 15 years
Furniture, fixtures and office equipment  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 5 years
Computer hardware and software | Minimum  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 3 years
Computer hardware and software | Maximum  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 7 years
Transportation equipment  
Property, Plant and Equipment [Line Items]  
Estimated Useful Life 3 years
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Leases (Details) - Buildings, Real Estate, Machinery and Equipment
Aug. 31, 2025
Minimum  
Lessee, Lease, Description [Line Items]  
Lease term 1 year
Maximum  
Lessee, Lease, Description [Line Items]  
Lease term 31 years
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Revenue Recognition (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Accounting Policies [Abstract]    
Other assets, current, net revenue components $ 1,100 $ 734
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Stock-Based Compensation (Details)
 12 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
Performance goal vesting percentage 100.00%
v3.25.3
Description of Business and Summary of Significant Accounting Policies - Schedule of Potential Shares of Common Stock not included in the Computation of Earnings Per Share (Details) - shares
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Restricted stock units      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Common shares excluded from computation of diluted earnings per share (in shares) 202,600 343,600 383,100
v3.25.3
Trade Accounts Receivable Sale Programs - Additional Information (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Trade Accounts Receivable Sale Programs    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Receivables sold but not yet collected $ 927 $ 367
v3.25.3
Trade Accounts Receivable Sale Programs - Schedule of Trade Accounts Receivable Sale Programs Key Terms (Details) - Aug. 31, 2025
USD ($)
CNY (¥)
A    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount $ 350,000,000  
B    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 100,000,000  
C    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount | ¥   ¥ 1,900,000,000
D    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 230,000,000  
E    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 170,000,000  
F    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 75,000,000  
G    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 100,000,000  
H    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount 2,000,000,000  
I & J    
Trade Accounts Receivable Securitization and Sale Program [Line Items]    
Maximum amount $ 250,000,000  
v3.25.3
Trade Accounts Receivable Sale Programs - Schedule of Trade Accounts Receivable Sale Programs Amounts Recognized (Details) - Trade Accounts Receivable Sale Programs - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Trade Accounts Receivable Securitization and Sale Program [Line Items]      
Trade accounts receivable sold $ 11,358 $ 8,214 $ 10,784
Cash proceeds received 11,300 8,170 10,748
Pre-tax losses on sale of receivables $ 58 $ 44 $ 36
v3.25.3
Inventories (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Inventory Disclosure [Abstract]    
Raw materials $ 3,905 $ 3,903
Work in process 335 190
Finished goods 508 246
Reserve for excess and obsolete inventory (67) (63)
Inventories, net $ 4,681 $ 4,276
v3.25.3
Property, Plant and Equipment - Schedule of Components of Property, Plant and Equipment (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Property, Plant and Equipment [Line Items]    
Property, plant and equipment $ 7,817 $ 7,760
Less accumulated depreciation and amortization 4,970 4,736
Property, plant and equipment, net 2,847 3,024
Land and improvements    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 95 108
Buildings    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 1,486 1,451
Leasehold improvements    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 714 681
Machinery and equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 4,122 4,125
Furniture, fixtures and office equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 219 218
Computer hardware and software    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 800 824
Transportation equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment 25 7
Construction in progress    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment $ 356 $ 346
v3.25.3
Property, Plant and Equipment - Schedule of Depreciation and Maintenance and Repair Expenses (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Property, Plant and Equipment [Abstract]      
Depreciation expense $ 612 $ 656 $ 891
Maintenance and repair expense $ 271 $ 335 $ 431
v3.25.3
Property, Plant and Equipment - Additional Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Property, Plant and Equipment [Abstract]    
Acquisition of property, plant and equipment considered a non-cash investing activity $ 55 $ 122
v3.25.3
Leases - Schedule of Lease Assets and Lease Liabilities included on Consolidated Balance Sheets (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Assets    
Operating lease assets $ 462 $ 360
Finance lease assets 391 378
Total lease assets 853 738
Current    
Operating lease liabilities $ 93 $ 93
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Accrued expenses Accrued expenses
Finance lease liabilities $ 199 $ 119
Non-current    
Operating lease liabilities $ 388 $ 284
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities
Finance lease liabilities $ 166 $ 235
Total lease liabilities 846 731
Finance lease assets, accumulated amortization $ 136 $ 162
v3.25.3
Leases - Schedule of Expenses related to Leases included on Consolidated Statements of Operations (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Leases [Abstract]    
Operating lease cost $ 119 $ 118
Finance lease cost    
Amortization of leased assets 42 50
Interest on lease liabilities 11 10
Net lease cost $ 172 $ 178
v3.25.3
Leases - Schedule of Lease Term and Discount Rate (Details)
Aug. 31, 2025
Aug. 31, 2024
Weighted-average remaining lease term    
Operating leases 7 years 8 months 12 days 5 years 8 months 12 days
Finance leases 6 years 6 months 5 years 2 months 12 days
Weighted-average discount rate    
Operating leases 4.39% 3.80%
Finance leases 3.57% 4.23%
v3.25.3
Leases - Schedule of Other Supplemental Information related to Lease Portfolio (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows for operating leases $ 104 $ 116
Operating cash flows for finance leases 11 10
Financing activities for finance leases 142 111
Non-cash right-of-use assets obtained in exchange for lease liabilities:    
Operating leases 208 109
Finance leases $ 136 $ 163
v3.25.3
Leases - Schedule of Future Minimum Lease Payments under Operating and Finance Leases (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Operating Leases    
2026 $ 112  
2027 91  
2028 74  
2029 67  
2030 51  
Thereafter 199  
Total lease payments 594  
Less: Imputed interest (113)  
Present value of lease liabilities 481  
Finance Leases    
2026 208  
2027 43  
2028 22  
2029 16  
2030 14  
Thereafter 119  
Total lease payments 422  
Less: Imputed interest (57)  
Present value of lease liabilities 365  
Total    
2026 320  
2027 134  
2028 96  
2029 83  
2030 65  
Thereafter 318  
Total lease payments 1,016  
Less: Imputed interest (170)  
Total lease liabilities 846 $ 731
Leases not yet commenced 176  
Variable interest entity, reporting entity involvement, maximum loss exposure, amount 144  
Residual value guarantees 280  
VIE    
Finance Leases    
Present value of lease liabilities $ 101  
v3.25.3
Goodwill and Other Intangible Assets - Additional Information (Details)
 3 Months Ended 12 Months Ended
Sep. 01, 2024
segment
Aug. 31, 2025
USD ($)
Aug. 31, 2025
USD ($)
segment
Aug. 31, 2024
USD ($)
segment
Aug. 31, 2023
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]          
Number of operating segments | segment 3   3 2  
Impairment of indefinite-lived intangible assets   $ 0      
Amortization of intangibles     $ 62,000,000 $ 40,000,000 $ 33,000,000
v3.25.3
Goodwill and Other Intangible Assets - Schedule of Changes in Goodwill Allocated to Reportable Segments (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Goodwill [Roll Forward]    
Beginning balance $ 661 $ 621
Acquisitions and adjustments 173 34
Change in foreign currency exchange rates 7 6
Ending balance 841 661
Regulated Industries    
Goodwill [Roll Forward]    
Beginning balance 490 447
Acquisitions and adjustments 178 38
Change in foreign currency exchange rates 5 5
Ending balance 673 490
Intelligent Infrastructure    
Goodwill [Roll Forward]    
Beginning balance 69 69
Acquisitions and adjustments 7 0
Change in foreign currency exchange rates 0 0
Ending balance 76 69
Connected Living and Digital Commerce    
Goodwill [Roll Forward]    
Beginning balance 102 105
Acquisitions and adjustments (12) (4)
Change in foreign currency exchange rates 2 1
Ending balance $ 92 $ 102
v3.25.3
Goodwill and Other Intangible Assets - Schedule of Gross Goodwill Balances and Accumulated Impairments (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
Gross Carrying Amount $ 1,861 $ 1,681
Accumulated Impairment $ 1,020 $ 1,020
v3.25.3
Goodwill and Other Intangible Assets - Schedule of Purchased Intangible Assets (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Feb. 03, 2025
Oct. 01, 2024
Aug. 31, 2024
Acquired Intangible Assets by Major Class [Line Items]        
Weighted Average Amortization Period (in years) 10 years      
Gross Carrying Amount $ 866     $ 689
Accumulated Amortization (593)     (546)
Net Carrying Amount 273     143
Pharmaceutics International, Inc        
Acquired Intangible Assets by Major Class [Line Items]        
Intangible assets acquired 149 $ 149    
Mikros Technologies LLC        
Acquired Intangible Assets by Major Class [Line Items]        
Intangible assets acquired $ 40   $ 40  
Contractual agreements and customer relationships        
Acquired Intangible Assets by Major Class [Line Items]        
Weighted Average Amortization Period (in years) 11 years      
Gross Carrying Amount $ 494     361
Accumulated Amortization (292)     (270)
Net Carrying Amount 202     91
Contractual agreements and customer relationships | Pharmaceutics International, Inc        
Acquired Intangible Assets by Major Class [Line Items]        
Intangible assets acquired 109      
Contractual agreements and customer relationships | Mikros Technologies LLC        
Acquired Intangible Assets by Major Class [Line Items]        
Intangible assets acquired $ 31      
Intellectual property        
Acquired Intangible Assets by Major Class [Line Items]        
Weighted Average Amortization Period (in years) 8 years      
Gross Carrying Amount $ 240     198
Accumulated Amortization (182)     (181)
Net Carrying Amount 58     17
Intellectual property | Pharmaceutics International, Inc        
Acquired Intangible Assets by Major Class [Line Items]        
Intangible assets acquired $ 38      
Finite-lived trade names        
Acquired Intangible Assets by Major Class [Line Items]        
Weighted Average Amortization Period (in years) 2 years      
Gross Carrying Amount $ 132     130
Accumulated Amortization (119)     (95)
Net Carrying Amount $ 13     $ 35
v3.25.3
Goodwill and Other Intangible Assets - Schedule of Estimated Future Amortization Expense (Details)
$ in Millions
Aug. 31, 2025
USD ($)
Fiscal Year Ended August 31,  
2026 $ 50
2027 41
2028 37
2029 30
2030 28
Thereafter 87
Total $ 273
v3.25.3
Notes Payable and Long-Term Debt - Schedule of Notes Payable and Long-Term Debt (Details) - USD ($)
$ in Millions
Jun. 18, 2025
Aug. 31, 2025
Aug. 31, 2024
Apr. 30, 2023
Apr. 30, 2022
Jan. 22, 2020
Debt Instrument [Line Items]            
Total   $ 2,885 $ 2,880      
Less current installments of notes payable and long-term debt   499 0      
Notes payable and long-term debt, less current installments   $ 2,386 2,880      
Senior Notes | 3.950% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   3.95%        
Total   $ 499 498      
Senior Notes | 3.600% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   3.60%        
Total   $ 498 497      
Senior Notes | 3.000% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   3.00%        
Total   $ 595 594      
Senior Notes | 1.700% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   1.70%        
Total   $ 499 499      
Senior Notes | 4.250% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   4.25%     4.25%  
Total   $ 497 496      
Senior Notes | 5.450% Senior Notes            
Debt Instrument [Line Items]            
Stated interest rate (as a percent)   5.45%   5.45%    
Total   $ 297 296      
Line of Credit | Existing Credit Facility 2020            
Debt Instrument [Line Items]            
Maximum borrowing capacity           $ 3,200
Line of Credit | Revolving Credit Facility            
Debt Instrument [Line Items]            
Total   0 $ 0      
Unused borrowing capacity   4,000        
Line of Credit | Revolving Credit Facility | Federal Funds Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate 0.50%          
Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Basis spread on variable rate 1.00%          
Line of Credit | Revolving Credit Facility | Minimum | Base Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate 0.00%          
Line of Credit | Revolving Credit Facility | Minimum | Benchmark Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate 0.90%          
Line of Credit | Revolving Credit Facility | Maximum | Base Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate 0.45%          
Line of Credit | Revolving Credit Facility | Maximum | Benchmark Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate 1.45%          
Line of Credit | Revolving Credit Facility | Revolving Credit Facility 2025            
Debt Instrument [Line Items]            
Debt instrument, term 5 years          
Maximum borrowing capacity $ 3,200          
Potential extension amount $ 1,000          
Debt instrument, extension term 1 year          
Debt instrument, tenor, maximum 5 years          
Line of Credit | Revolving Credit Facility | The Revolving Credit Facility            
Debt Instrument [Line Items]            
Unused borrowing capacity   3,200        
Line of Credit | Commercial Paper            
Debt Instrument [Line Items]            
Maximum borrowing capacity   $ 3,200        
v3.25.3
Notes Payable and Long-Term Debt - Additional Information (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Apr. 30, 2023
Apr. 30, 2022
Debt Instrument [Line Items]      
Letters of credit and surety bonds $ 92    
Unused letters of credit $ 67    
Senior Notes | 3.950% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 3.95%    
Senior Notes | 3.600% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 3.60%    
Senior Notes | 3.000% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 3.00%    
Senior Notes | 1.700% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 1.70%    
Senior Notes | 4.250% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 4.25%   4.25%
Senior Notes | 5.450% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate (as a percent) 5.45% 5.45%  
v3.25.3
Notes Payable and Long-Term Debt - Schedule of Debt Maturities (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Fiscal Year Ended August 31,    
2026 $ 499  
2027 497  
2028 499  
2029 297  
2030 498  
Thereafter 595  
Total $ 2,885 $ 2,880
v3.25.3
Asset-Backed Securitization Program - Additional Information (Details) - Asset Backed Securitizations - USD ($)
Aug. 31, 2025
Aug. 31, 2024
Asset-Backed Securitization Programs [Line Items]    
Maximum amount of net cash proceeds $ 700,000,000  
Receivables sold but not yet collected $ 372,000,000 $ 338,000,000
v3.25.3
Asset-Backed Securitization Programs - Schedule of Asset-Backed Securitization Programs Amount Recognized (Details) - Asset-Backed Securitization Program - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Trade Accounts Receivable Securitization and Sale Program [Line Items]      
Trade accounts receivable sold $ 4,152 $ 4,000 $ 4,101
Cash proceeds received 4,111 3,953 4,061
Pre-tax losses on sale of receivables $ 41 $ 47 $ 40
v3.25.3
Accrued Expenses (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Accrued Liabilities, Current [Abstract]    
Inventory deposits $ 1,205 $ 1,582
Contract liabilities 1,016 1,017
Accrued compensation and employee benefits 756 699
Other accrued expenses 2,208 2,201
Accrued expenses 5,185 5,499
Revenue recognized during period that was included in contract liability balance $ 592 $ 507
v3.25.3
Postretirement and Other Employee Benefits - Additional Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2026
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Service period 30 days      
Company contributions $ 80 $ 78 $ 74  
Minimum        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Funded pension plans 26      
Maximum        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Funded pension plans $ 32      
Global Equity Securities | Minimum | Expected        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Target allocation percentage       40.00%
Debt Securities | Minimum | Expected        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Target allocation percentage       60.00%
Foreign Plan        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Service period 3 years      
Foreign Plan | Switzerland Plan        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Service period 8 years      
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Benefit Obligations and Plan Assets, Changes in Benefit Obligation and Plan Assets and Funded Status of Plans (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Change in PBO      
Beginning PBO $ 513 $ 461  
Service cost 23 21 $ 18
Interest cost 11 12 12
Actuarial loss 5 32  
Settlements paid from plan assets (47) (43)  
Total benefits paid (10) (10)  
Plan participants’ contributions 13 13  
Plan amendments 0 11  
Effect of conversion to U.S. dollars 29 16  
Ending PBO 537 513 461
Change in plan assets      
Beginning fair value of plan assets 524 486  
Actual return on plan assets 21 41  
Settlements paid from plan assets (47) (43)  
Employer contributions 16 17  
Benefits paid from plan assets (8) (10)  
Plan participants’ contributions 13 13  
Effect of conversion to U.S. dollars 29 20  
Ending fair value of plan assets 548 524 $ 486
Funded status 11 11  
Amounts recognized in the Consolidated Balance Sheets      
Accrued benefit liability, current 2 2  
Accrued benefit asset, noncurrent 13 13  
Accumulated other comprehensive loss      
Actuarial gain, before tax (47) (54)  
Prior service cost, before tax 18 $ 23  
Net actuarial gain expected to be amortized to net period benefit cost in next fiscal year 1    
Prior service cost expected to be amortized to net periodic benefit cost in next fiscal year $ 6    
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Accumulated Benefit Obligation (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Retirement Benefits [Abstract]    
ABO $ 518 $ 495
Plans with ABO in excess of plan assets    
ABO 42 41
Fair value of plan assets 14 14
Plans with PBO in excess of plan assets    
PBO 51 50
Fair value of plan assets $ 14 $ 14
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Information About Net Periodic Benefit Cost for Plans Net Periodic Benefit Cost (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Retirement Benefits [Abstract]      
Service cost $ 23 $ 21 $ 18
Interest cost 11 12 12
Expected long-term return on plan assets (18) (17) (17)
Recognized actuarial gain (6) (7) (7)
Amortization of actuarial gains (2) (3) (7)
Amortization of prior service costs 5 5 4
Net periodic benefit cost $ 13 $ 11 $ 3
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Amortization of Prior Service Cost (Credit), Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
Gain (loss) corridor (as a percent) 10.00% 10.00% 10.00%
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Weighted-Average Actuarial Assumptions (Details)
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Net periodic benefit cost:      
Expected long-term return on plan assets 3.70% 3.70% 3.60%
Rate of compensation increase 1.80% 1.90% 2.10%
Discount rate 2.10% 2.80% 2.60%
PBO:      
Expected long-term return on plan assets 3.30% 3.70% 3.70%
Rate of compensation increase 1.10% 1.80% 1.90%
Discount rate 2.20% 2.10% 2.80%
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Fair Values of Plan Assets by Asset Category (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 548 $ 524 $ 486
Asset Allocation 100.00% 100.00%  
Cash and Cash Equivalents | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 16 $ 12  
Asset Allocation 3.00% 2.00%  
Global Equity Securities | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 249 $ 235  
Asset Allocation 46.00% 45.00%  
Corporate Bonds | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 232 $ 223  
Asset Allocation 42.00% 43.00%  
Government Bonds | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 40 $ 43  
Asset Allocation 7.00% 8.00%  
Insurance Contracts | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value $ 11 $ 11  
Asset Allocation 2.00% 2.00%  
v3.25.3
Postretirement and Other Employee Benefits - Schedule of Estimated Future Benefit Payments (Details)
$ in Millions
Aug. 31, 2025
USD ($)
Fiscal Year Ended August 31,  
2026 $ 30
2027 31
2028 31
2029 32
2030 34
2031 through 2035 $ 173
v3.25.3
Derivative Financial Instruments and Hedging Activities - Additional Information (Details) - USD ($)
 1 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Aug. 31, 2025
Mar. 31, 2025
Aug. 31, 2024
5.450% Senior Notes | Senior Notes          
Derivative [Line Items]          
Stated interest rate (as a percent) 5.45%   5.45%    
4.250% Senior Notes | Senior Notes          
Derivative [Line Items]          
Stated interest rate (as a percent)   4.25% 4.25%    
Cash Flow Hedging          
Derivative [Line Items]          
Cash received at settlement $ 15,000,000 $ 46,000,000      
Forward foreign exchange contracts | Forward Contracts | Cash Flow Hedging | Designated as Hedging Instruments          
Derivative [Line Items]          
Aggregate notional amount     $ 433,000,000   $ 353,000,000
Forward foreign exchange contracts | Forward Contracts | Cash Flow Hedging | Not Designated as Hedging Instruments          
Derivative [Line Items]          
Aggregate notional amount     $ 3,200,000,000   $ 2,600,000,000
Interest rate contracts | Forward Contracts | Cash Flow Hedging | Designated as Hedging Instruments          
Derivative [Line Items]          
Aggregate notional amount       $ 100,000,000  
Settled Cash Flow Hedge Effective Date May2021 | Cash Flow Hedging          
Derivative [Line Items]          
Aggregate notional amount 150,000,000        
Settled Cash Flow Hedge Effective Date August 2022 | Cash Flow Hedging          
Derivative [Line Items]          
Aggregate notional amount $ 100,000,000        
Settled Cash Flow Hedge, Effective Date November 2020 | Cash Flow Hedging          
Derivative [Line Items]          
Aggregate notional amount   250,000,000      
Settled Cash Flow Hedge, Effective Date March 2022 | Cash Flow Hedging          
Derivative [Line Items]          
Aggregate notional amount   $ 170,000,000      
v3.25.3
Derivative Financial Instruments and Hedging Activities - Schedule of Maturity Date and Aggregate Notional Amount Outstanding of Net Investment Hedges (Details) - Net investment hedges: - Forward Contracts - Designated as Hedging Instruments - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
October 2024    
Derivative [Line Items]    
Aggregate notional amount $ 0 $ 140
January 2025    
Derivative [Line Items]    
Aggregate notional amount 0 106
July 2025    
Derivative [Line Items]    
Aggregate notional amount 0 55
October 2025    
Derivative [Line Items]    
Aggregate notional amount 103 0
January 2026    
Derivative [Line Items]    
Aggregate notional amount 200 106
April 2026    
Derivative [Line Items]    
Aggregate notional amount 42 0
July 2026    
Derivative [Line Items]    
Aggregate notional amount 45 0
Forward foreign exchange contracts    
Derivative [Line Items]    
Aggregate notional amount $ 390 $ 407
v3.25.3
Derivative Financial Instruments and Hedging Activities - Schedule of Net (Losses) Gains from Forward Contracts Recorded in Consolidated Statements of Operations (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Derivative instruments designated as cash flow hedges:      
Loss to be reclassified in next 12 months $ 15    
Designated as Hedging Instruments      
Derivative instruments designated as cash flow hedges:      
Gains (losses) recognized in OCI 14 $ (21) $ (25)
Designated as Hedging Instruments | Net investment hedges:      
Derivative instruments designated as net investment hedges:      
Losses recognized in OCI (18) (16) (4)
Designated as Hedging Instruments | Gain from the divestiture of businesses | Net investment hedges:      
Derivative instruments designated as net investment hedges:      
Gains reclassified from AOCI into earnings 0 (4) 0
Designated as Hedging Instruments | Forward foreign exchange contracts | Cost of revenue      
Derivative instruments designated as cash flow hedges:      
Losses (gains) reclassified from AOCI into earnings 8 22 44
Designated as Hedging Instruments | Interest rate contracts | Interest expense, net      
Derivative instruments designated as cash flow hedges:      
Losses (gains) reclassified from AOCI into earnings (3) (3) (2)
Not Designated as Hedging Instruments | Forward foreign exchange contracts | Cost of revenue      
Derivative instruments not designated as hedging instruments:      
(Losses) gains recognized in earnings from forward foreign exchange contracts (36) 16 (111)
(Losses) gains recognized in earnings from changes in foreign currency $ (6) $ (52) $ 58
v3.25.3
Accumulated Other Comprehensive Income - Schedule of Changes in AOCI (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance $ 1,737 $ 2,867 $ 2,452
Total other comprehensive income (loss) 29 (29) 25
Ending balance 1,517 1,737 2,867
AOCI Attributable to Parent      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (46) (17) (42)
Other comprehensive income (loss) before reclassifications 26    
Amounts reclassified from AOCI 3    
Total other comprehensive income (loss) 29 (29) 25
Ending balance (17) (46) $ (17)
Foreign Currency Translation Adjustment      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (44)    
Other comprehensive income (loss) before reclassifications 34    
Amounts reclassified from AOCI 0    
Total other comprehensive income (loss) 34    
Ending balance (10) (44)  
Net Investment Hedges      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (24)    
Other comprehensive income (loss) before reclassifications (18)    
Amounts reclassified from AOCI 0    
Total other comprehensive income (loss) (18)    
Ending balance (42) (24)  
Derivative Instruments      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance 12    
Other comprehensive income (loss) before reclassifications 14    
Amounts reclassified from AOCI 5    
Total other comprehensive income (loss) 19    
Ending balance 31 12  
Actuarial Gain (Loss)      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance 29    
Other comprehensive income (loss) before reclassifications (4)    
Amounts reclassified from AOCI (7)    
Total other comprehensive income (loss) (11)    
Ending balance 18 29  
Prior Service (Cost) Credit      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (19)    
Other comprehensive income (loss) before reclassifications 0    
Amounts reclassified from AOCI 5    
Total other comprehensive income (loss) 5    
Ending balance $ (14) $ (19)  
v3.25.3
Accumulated Other Comprehensive Income - Schedule of Reclassification from AOCI (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]      
Realized gains on foreign currency translation $ 53 $ (942) $ 0
Realized (gains) losses on pension and postretirement plans: 97 89 69
Reclassification out of AOCI | Foreign Currency Translation Adjustment      
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]      
Realized gains on foreign currency translation 0 (2) 0
Reclassification out of AOCI | Actuarial gains      
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]      
Realized (gains) losses on pension and postretirement plans: (7) (8) (14)
Reclassification out of AOCI | Prior service costs      
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]      
Realized (gains) losses on pension and postretirement plans: $ 5 $ 4 $ 4
v3.25.3
Stockholders' Equity - Schedule of Recognized Stock-Based Compensation (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total $ 107 $ 89 $ 95
Restricted stock units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total 89 70 81
Employee stock purchase plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total $ 18 $ 19 $ 14
v3.25.3
Stockholders' Equity - Additional Information (Details) - $ / shares
 12 Months Ended
Dec. 27, 2024
Aug. 31, 2025
Aug. 31, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting percentage (up to)   100.00%  
Shares available for issuance under share based compensation plan (in shares)   7,135,170 8,038,332
Warrant Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Warrants vested (in shares)   59,582  
Amazon com NV Investment Holdings LLC | Warrant Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of securities called by warrants (in shares) 1,158,539    
Exercise price (in usd per share) $ 137.7671    
Expected life 7 years    
Warrants vested (in shares) 59,582    
Time-Based Restricted Stock Units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period   3 years  
Performance-Based Restricted Stock Units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period   3 years  
Performance-Based Restricted Stock Units | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting percentage (up to)   200.00%  
Market-Based Restricted Stock Units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period   3 years  
Market-Based Restricted Stock Units | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting percentage (up to)   200.00%  
2021 EIP      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Maximum aggregate number of shares authorized (in shares)   11,000,000  
ESPP | Employee stock purchase plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Maximum aggregate number of shares authorized (in shares)   23,000,000  
Eligibility period for employees to participate in ESPP   90 days  
Maximum percentage of an employees salary that can be used to purchase shares under the ESPP   10.00%  
Percentage for fair market value fixed for pricing   85.00%  
Shares available for issuance under share based compensation plan (in shares)   8,765,309  
v3.25.3
Stockholders' Equity - Schedule of Shares Available for Issuance (Details)
 12 Months Ended
Aug. 31, 2025
shares
Reconciliation of Shares Available to be Issued [Roll Forward]  
Balance as of beginning of period (in shares) 8,038,332
Restricted stock units granted, net of forfeitures (in shares) (903,162)
Balance as of end of period (in shares) 7,135,170
v3.25.3
Stockholders' Equity - Schedule of Restricted Stock Activity (Details)
 12 Months Ended
Aug. 31, 2025
$ / shares
shares
Shares  
Outstanding as of beginning of period (in shares) 2,531,774
Changes during the period  
Shares granted (in shares) 1,020,580
Shares vested (in shares) (1,117,182)
Shares forfeited (in shares) (117,418)
Outstanding as of end of period (in shares) 2,317,754
Weighted-Average Grant-Date Fair Value  
Outstanding as of beginning of period (in dollars per share) | $ / shares $ 91.51
Changes during the period  
Shares granted (in dollars per share) | $ / shares 135.21
Shares vested (in dollars per share) | $ / shares 81.03
Shares forfeited (in dollars per share) | $ / shares 106.13
Outstanding as of end of period (in dollars per share) | $ / shares $ 115.06
Time-Based Restricted Stock Units  
Changes during the period  
Restricted stock units awarded (in shares) 600,000
Performance-Based Restricted Stock Units  
Changes during the period  
Restricted stock units awarded (in shares) 100,000
Market-Based Restricted Stock Units  
Changes during the period  
Restricted stock units awarded (in shares) 100,000
v3.25.3
Stockholders' Equity - Schedule of Share-based Compensation Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Share-Based Payment Arrangement [Abstract]      
Fair value of restricted stock units vested $ 91 $ 85 $ 93
Tax benefit for stock compensation expense 2 $ 3 $ 2
Unrecognized stock-based compensation expense – restricted stock units $ 60    
Remaining weighted-average period for restricted stock units expense 1 year 4 months 24 days    
v3.25.3
Stockholders' Equity - Schedule of Weighted Average Assumptions Used in Black-Scholes Option Pricing Model (Details)
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Share-Based Payment Arrangement [Abstract]      
Expected dividend yield 0.10% 0.10% 0.30%
Risk-free interest rate 4.90% 5.40% 3.40%
Expected volatility 39.10% 34.10% 37.40%
Expected life 6 months 6 months 6 months
v3.25.3
Stockholders' Equity - Schedule of Cash Dividends Declared to Common Stockholders (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended
Aug. 31, 2025
May 31, 2025
Feb. 28, 2025
Nov. 30, 2024
Aug. 31, 2024
May 31, 2024
Feb. 29, 2024
Nov. 30, 2023
Share-Based Payment Arrangement [Abstract]                
Dividend per Share (in dollars per share) $ 0.08 $ 0.08 $ 0.08 $ 0.08 $ 0.08 $ 0.08 $ 0.08 $ 0.08
Total of Cash Dividends Declared $ 9 $ 9 $ 8 $ 9 $ 10 $ 9 $ 10 $ 11
v3.25.3
Stockholders' Equity - Schedule of Common Stock Outstanding (Details) - shares
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Common stock outstanding, beginning balances (in shares) 113,744,167    
Treasury shares purchased (in shares) (2,800,000) (11,300,000) (6,700,000)
Common stock outstanding, ending balance (in shares) 107,480,895 113,744,167  
Common stock:      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Common stock outstanding, beginning balances (in shares) 113,744,167 131,294,422 135,493,980
Shares issued under employee stock purchase plan (in shares) 593,727 628,960 1,043,294
Vesting of restricted stock (in shares) 1,117,182 1,802,380 2,014,802
Purchases of treasury stock under employee stock plans (in shares) (330,256) (537,318) (571,606)
Treasury shares purchased (in shares) (7,643,925) (19,444,277) (6,686,048)
Common stock outstanding, ending balance (in shares) 107,480,895 113,744,167 131,294,422
v3.25.3
Stockholders' Equity - Schedule of Repurchase of Common Stock under Share Repurchase Program (Details) - USD ($)
shares in Millions, $ in Millions
 1 Months Ended 12 Months Ended 15 Months Ended 21 Months Ended
Oct. 10, 2025
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Nov. 30, 2024
Feb. 28, 2023
Nov. 30, 2023
Sep. 30, 2023
Nov. 30, 2022
Aug. 31, 2021
Share Repurchase Program [Line Items]                    
Shares Repurchased (in shares)   2.8 11.3 6.7            
Total Cash Utilized   $ 1,000 $ 2,500 $ 487            
2022 Share Repurchase Program                    
Share Repurchase Program [Line Items]                    
Amount Authorized                   $ 1,000
Shares Repurchased (in shares)           16.5        
Total Cash Utilized           $ 1,000        
Remaining Authorization           $ 0        
2023 Share Repurchase Program                    
Share Repurchase Program [Line Items]                    
Amount Authorized               $ 2,500 $ 1,000  
Shares Repurchased (in shares)       2.7            
Total Cash Utilized       $ 224            
Amended 2023 Share Repurchase Program                    
Share Repurchase Program [Line Items]                    
Amount Authorized             $ 2,500      
Shares Repurchased (in shares)         20.4          
Total Cash Utilized         $ 2,500          
Remaining Authorization         0          
2025 Share Repurchase Program                    
Share Repurchase Program [Line Items]                    
Amount Authorized         $ 1,000          
Shares Repurchased (in shares)   6.6                
Total Cash Utilized   $ 1,000                
Remaining Authorization   0                
2026 Share Repurchase Program                    
Share Repurchase Program [Line Items]                    
Amount Authorized   $ 1,000                
2026 Share Repurchase Program | Subsequent Event                    
Share Repurchase Program [Line Items]                    
Shares Repurchased (in shares) 0.6                  
Total Cash Utilized $ 135                  
Remaining Authorization $ 865                  
v3.25.3
Stockholders' Equity - Schedule of Accelerated Share Repurchases Agreement (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Aug. 31, 2025
May 31, 2025
Feb. 28, 2025
Nov. 30, 2024
Aug. 31, 2024
Nov. 30, 2023
Aug. 31, 2025
May 31, 2025
Nov. 30, 2024
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Share Repurchase Program [Line Items]                              
Total Shares Delivered (in shares)                         2.8 11.3 6.7
Payments for repurchase of common stock                         $ 1,000 $ 2,500 $ 487
Accelerated Share Repurchase Program                              
Share Repurchase Program [Line Items]                              
Agreement Amount         $ 309 $ 310   $ 555 $ 500   $ 309     $ 555  
Initial Shares Delivered (in shares)         1.8 1.8   4.2 3.3            
Additional Shares Delivered (in shares) 0.2   1.0 0.0 0.2   1.0   0.6            
Total Shares Delivered (in shares)                 3.9 1.8 2.0 5.2      
Average Price Paid Per Share (in dollars per share)                 $ 128.61 $ 171.91 $ 154.44 $ 107.08      
Value of shares repurchased $ 309 $ 310                          
Payments for repurchase of common stock $ 309 $ 310                          
v3.25.3
Stockholders' Equity - Schedule of Common Stock Repurchased through Open Market (Details) - USD ($)
shares in Millions, $ in Millions
 1 Months Ended 12 Months Ended
Oct. 10, 2025
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Class of Warrant or Right [Line Items]        
Shares Repurchased (in shares)   2.8 11.3 6.7
Cost   $ 377 $ 1,445 $ 487
2026 Share Repurchase Program - Open Market Share Repurchases | Subsequent Event        
Class of Warrant or Right [Line Items]        
Shares Repurchased (in shares) 0.6      
Cost $ 135      
v3.25.3
Stockholders' Equity - Schedule of Estimated Fair Value of Warrant (Details) - Warrant Shares
Dec. 27, 2024
$ / shares
year
Stock price  
Class of Warrant or Right [Line Items]  
Warrants and rights outstanding, measurement input 145.92
Exercise price  
Class of Warrant or Right [Line Items]  
Warrants and rights outstanding, measurement input 137.77
Expected life  
Class of Warrant or Right [Line Items]  
Warrants and rights outstanding, measurement input | year 7
Expected volatility  
Class of Warrant or Right [Line Items]  
Warrants and rights outstanding, measurement input 0.344
Risk-free interest rate  
Class of Warrant or Right [Line Items]  
Warrants and rights outstanding, measurement input 0.045
v3.25.3
Stockholders' Equity - Schedule of Warrant Activity (Details) - Warrant Shares
 12 Months Ended
Aug. 31, 2025
shares
Warrant Shares  
Beginning balance (in shares) 0
Granted (in shares) 1,158,539
Vested (in shares) (59,582)
Ending balance (in shares) 1,098,957
Exercisable (in shares) 59,582
v3.25.3
Concentration of Risk and Segment Data - Additional Information (Details)
 12 Months Ended
Sep. 01, 2024
segment
Aug. 31, 2025
segment
country
Aug. 31, 2024
segment
Revenue, Major Customer [Line Items]      
Number of operating segments | segment 3 3 2
Number of operating countries | country   30  
Five Largest Customers | Revenue from Contract with Customer Benchmark | Customer Concentration      
Revenue, Major Customer [Line Items]      
Concentration of risk percentage   36.00%  
87 Customers | Revenue from Contract with Customer Benchmark | Customer Concentration      
Revenue, Major Customer [Line Items]      
Concentration of risk percentage   90.00%  
v3.25.3
Concentration of Risk and Segment Data - Schedule of Percentage of Consolidated Net Revenue and Accounts Receivable for Customers (Details) - Customer Concentration
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Customer A | Revenue from Contract with Customer Benchmark      
Revenue, Major Customer [Line Items]      
Concentration of risk percentage 16.00%    
Customer A | Accounts Receivable      
Revenue, Major Customer [Line Items]      
Concentration of risk percentage 24.00% 17.00%  
Customer B | Revenue from Contract with Customer Benchmark      
Revenue, Major Customer [Line Items]      
Concentration of risk percentage   11.00% 17.00%
v3.25.3
Concentration of Risk and Segment Data - Schedule of Revenues Disaggregated by Segment (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Disaggregation of Revenue [Line Items]      
Net revenue $ 29,802 $ 28,883 $ 34,702
Segment income 1,182 2,013 1,537
Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 29,802 28,883 34,702
Segment expenses 28,182 27,295 32,969
Segment income $ 1,620 $ 1,588 $ 1,733
Segment income margin 5.40% 5.50% 5.00%
Point in time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue $ 8,503 $ 8,410 $ 11,547
Over time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 21,299 20,473 23,155
Regulated Industries | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 11,879 12,261 13,039
Segment expenses 11,236 11,606 12,392
Segment income $ 643 $ 655 $ 647
Segment income margin 5.40% 5.30% 5.00%
Regulated Industries | Point in time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue $ 477 $ 553 $ 419
Regulated Industries | Over time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 11,402 11,708 12,620
Intelligent Infrastructure | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 12,317 9,197 11,072
Segment expenses 11,653 8,728 10,520
Segment income $ 664 $ 469 $ 552
Segment income margin 5.40% 5.10% 5.00%
Intelligent Infrastructure | Point in time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue $ 6,299 $ 4,464 $ 5,005
Intelligent Infrastructure | Over time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 6,018 4,733 6,067
Connected Living and Digital Commerce | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue 5,606 7,425 10,591
Segment expenses 5,293 6,961 10,057
Segment income $ 313 $ 464 $ 534
Segment income margin 5.60% 6.20% 5.00%
Connected Living and Digital Commerce | Point in time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue $ 1,727 $ 3,393 $ 6,123
Connected Living and Digital Commerce | Over time | Operating Segments      
Disaggregation of Revenue [Line Items]      
Net revenue $ 3,879 $ 4,032 $ 4,468
v3.25.3
Concentration of Risk and Segment Data - Schedule of Segment Income and Reconciliation of Income Before Income Tax (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Segment income $ 1,182 $ 2,013 $ 1,537
Reconciling items:      
Amortization of intangibles (62) (40) (33)
Stock-based compensation expense and related charges (107) (89) (95)
Restructuring, severance and related charges (181) (296) (57)
(Loss) gain from the divestiture of businesses (53) 942 0
Acquisition and divestiture related charges (20) (70) 0
Loss on securities (46) 0 0
Interest expense, net (147) (173) (206)
Income before income tax 892 1,751 1,262
Disposed of Sale | Divested Operations in Italy | Jabil Circuit Italia S.r.l (JCI)      
Reconciling items:      
(Loss) gain from the divestiture of businesses (97)    
Held for Sale | Product Manufacturing Business      
Reconciling items:      
(Loss) gain from the divestiture of businesses 54 942  
Operating Segments      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Segment income 1,620 1,588 1,733
Segment Reconciling Items      
Reconciling items:      
Amortization of intangibles (62) (40) (33)
Stock-based compensation expense and related charges (107) (89) (95)
Restructuring, severance and related charges (181) (296) (57)
Business interruption and impairment charges, net (8) (16) 0
(Loss) gain from the divestiture of businesses (53) 942 0
Acquisition and divestiture related charges (20) (70) 0
Loss on securities (46) 0 0
Other expense (net of periodic benefit cost) (104) (95) (80)
Interest expense, net $ (147) $ (173) $ (206)
v3.25.3
Concentration of Risk and Segment Data - Schedule of Segment Assets (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ 18,543 $ 17,351
Operating Segments | Regulated Industries    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 6,262 5,855
Operating Segments | Intelligent Infrastructure    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 3,739 2,624
Operating Segments | Connected Living and Digital Commerce    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 2,199 2,297
Other non-allocated assets    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ 6,343 $ 6,575
v3.25.3
Concentration of Risk and Segment Data - Schedule of Revenue from External Customers by Geographic Areas (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue $ 29,802 $ 28,883 $ 34,702
Long-Lived Assets 3,309 3,384 3,504
Total Foreign      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 22,358 23,836 29,767
Long-Lived Assets 2,677 2,809 2,873
Mexico      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 5,689 5,872 6,083
Long-Lived Assets 514 647 670
China      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 4,196 4,810 5,868
Long-Lived Assets 635 736 865
Malaysia      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 3,644    
Long-Lived Assets 358 352  
Singapore      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue   4,486 7,385
Other      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 8,829 8,668 10,431
Long-Lived Assets 1,170 1,074 1,338
U.S      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net Revenue 7,444 5,047 4,935
Long-Lived Assets $ 632 $ 575 $ 631
v3.25.3
Restructuring, Severance and Related Charges - Schedule of Restructuring, Severance and Related Charges (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges $ 181 $ 296 $ 57
Operating Segments | Regulated Industries      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 80 75 11
Operating Segments | Intelligent Infrastructure      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 34 69 10
Operating Segments | Connected Living and Digital Commerce      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 21 84 24
Non-allocated charges      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 46 68 12
Employee severance and benefit costs      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 58 177 48
Lease costs      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 6 2 0
Asset write-off costs      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges 53 79 5
Other Related Costs      
Restructuring Cost and Reserve [Line Items]      
Restructuring, severance and related charges $ 64 $ 38 $ 4
v3.25.3
Restructuring, Severance and Related Charges - Additional Information (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
2025 Restructuring Plan    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized $ 200  
2025 Restructuring Plan | Minimum | Employee severance and benefit costs    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized 60  
2025 Restructuring Plan | Minimum | Asset write-off costs    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized 65  
2025 Restructuring Plan | Minimum | Contract Termination    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized 55  
2025 Restructuring Plan | Maximum | Employee severance and benefit costs    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized 70  
2025 Restructuring Plan | Maximum | Asset write-off costs    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized 70  
2025 Restructuring Plan | Maximum | Contract Termination    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized $ 65  
2024 Restructuring Plan    
Restructuring Cost and Reserve [Line Items]    
Total pre-tax restructuring and other related costs expected to be recognized   $ 300
v3.25.3
Restructuring, Severance and Related Charges - Schedule of Liability Activity (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Restructuring Reserve [Roll Forward]      
Restructuring related charges $ 181 $ 296 $ 57
Employee Severance and Benefit Costs      
Restructuring Reserve [Roll Forward]      
Restructuring related charges 58 177 48
Lease Costs      
Restructuring Reserve [Roll Forward]      
Restructuring related charges 6 2 0
Asset Write-off Costs      
Restructuring Reserve [Roll Forward]      
Restructuring related charges 53 79 5
Other Related Costs      
Restructuring Reserve [Roll Forward]      
Restructuring related charges 64 38 $ 4
2025 Restructuring Plan      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 168    
Asset write-off charge and other non-cash activity (76)    
Cash payments (70)    
Ending balance 22 0  
2025 Restructuring Plan | Employee Severance and Benefit Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 61    
Asset write-off charge and other non-cash activity 0    
Cash payments (54)    
Ending balance 7 0  
2025 Restructuring Plan | Lease Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 6    
Asset write-off charge and other non-cash activity 0    
Cash payments (6)    
Ending balance 0 0  
2025 Restructuring Plan | Asset Write-off Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 43    
Asset write-off charge and other non-cash activity (43)    
Cash payments 0    
Ending balance 0 0  
2025 Restructuring Plan | Other Related Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 58    
Asset write-off charge and other non-cash activity (33)    
Cash payments (10)    
Ending balance 15 0  
2024 Restructuring Plan      
Restructuring Reserve [Roll Forward]      
Beginning balance 72    
Restructuring related charges 13    
Asset write-off charge and other non-cash activity (12)    
Cash payments (62)    
Ending balance 11 72  
2024 Restructuring Plan | Employee Severance and Benefit Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 66    
Restructuring related charges (3)    
Asset write-off charge and other non-cash activity 0    
Cash payments (54)    
Ending balance 9 66  
2024 Restructuring Plan | Lease Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 1    
Restructuring related charges 0    
Asset write-off charge and other non-cash activity 0    
Cash payments (1)    
Ending balance 0 1  
2024 Restructuring Plan | Asset Write-off Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 0    
Restructuring related charges 10    
Asset write-off charge and other non-cash activity (10)    
Cash payments 0    
Ending balance 0 0  
2024 Restructuring Plan | Other Related Costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 5    
Restructuring related charges 6    
Asset write-off charge and other non-cash activity (2)    
Cash payments (7)    
Ending balance $ 2 $ 5  
v3.25.3
Income Taxes - Schedule of Income (Loss) Before Income Tax Expense (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Income Tax Disclosure [Abstract]      
Domestic $ (255) $ (366) $ (315)
Foreign 1,147 2,117 1,577
Income before income tax $ 892 $ 1,751 $ 1,262
v3.25.3
Income Taxes - Schedule of Income Tax Expense (Benefit) (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Current:      
Domestic – federal $ (16) $ 0 $ 1
Domestic – state 15 5 2
Foreign 356 442 350
Total current 355 447 353
Deferred:      
Domestic – federal (15) 12 (2)
Domestic – state (5) (2) 4
Foreign (100) (94) 89
Total deferred (120) (84) 91
Total income tax expense $ 235 $ 363 $ 444
v3.25.3
Income Taxes - Schedule of Reconciliations of Income Tax Expense at U.S. Federal Statutory Income Tax Rate (Details) - USD ($)
$ / shares in Units, $ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Operating Loss Carryforwards [Line Items]      
U.S. federal statutory income tax rate 21.00% 21.00% 21.00%
State income taxes, net of federal tax benefit 0.60% (0.30%) 0.20%
Impact of foreign tax rates (2.00%) 0.10% (1.80%)
Permanent differences (0.30%) 0.50% (0.50%)
Income tax credits (1.70%) (0.70%) (0.50%)
Valuation allowance 1.00% 3.50% 1.10%
Equity compensation 1.10% (0.40%) 0.50%
Impact of intercompany charges and dividends 1.90% (0.70%) 2.40%
Global Intangible Low-Taxed Income 1.40% 1.90% 0.80%
Change in indefinite reinvestment assertion 0.30% 0.40% 11.70%
Divestiture of businesses 2.30% (5.90%) 0.00%
Other, net 0.80% 1.30% 0.30%
Effective income tax rate 26.40% 20.70% 35.20%
Income tax benefit on income from subsidiaries $ 75 $ 54 $ 74
Per basic share income tax benefit on income from subsidiaries (in dollars per share) $ 0.68 $ 0.44 $ 0.56
v3.25.3
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Deferred tax assets:    
Net operating loss carryforwards $ 227 $ 183
Inventories 28 18
Compensated absences 16 14
Accrued expenses 131 109
Property, plant and equipment 34 2
Domestic tax credits 22 45
Foreign jurisdiction tax credits 5 9
Equity compensation 8 11
Domestic interest carryforwards 11 19
Capital loss carryforwards 32 26
Revenue recognition 49 27
Operating and finance lease liabilities 35 40
Other 45 39
Total deferred tax assets before valuation allowances 643 542
Less valuation allowances (400) (368)
Net deferred tax assets 243 174
Deferred tax liabilities:    
Unremitted earnings of foreign subsidiaries 38 83
Intangible assets 49 29
Operating lease assets 91 81
Other 4 28
Total deferred tax liabilities 182 221
Net deferred tax assets $ 61  
Net deferred tax liabilities   $ (47)
v3.25.3
Income Taxes - Additional Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Operating Loss Carryforwards [Line Items]      
Undistributed earnings of foreign subsidiaries $ 1,200    
Unrecognized deferred tax liability 100    
Accrued interest and penalties related to unrecognized tax benefits included in income tax provision 24 $ 17  
Recognized (derecognized) tax benefit, accrued interest and penalties 2 $ 14 $ 3
Possible adjustments for transfer pricing and certain inclusions in taxable income $ 16    
v3.25.3
Income Taxes - Schedule of Tax Carryforwards and Operating Loss Carryforwards (Details)
$ in Millions
Aug. 31, 2025
USD ($)
Domestic – federal  
Operating Loss Carryforwards [Line Items]  
Income tax net operating loss carryforwards $ 169
Tax credit carryforwards 18
Domestic – federal | Tax capital loss carryforwards:  
Operating Loss Carryforwards [Line Items]  
Tax credit carryforwards 127
Domestic – state  
Operating Loss Carryforwards [Line Items]  
Income tax net operating loss carryforwards 60
Tax credit carryforwards 4
Foreign  
Operating Loss Carryforwards [Line Items]  
Income tax net operating loss carryforwards 680
Tax credit carryforwards $ 5
v3.25.3
Income Taxes - Schedule of Reconciliations of Unrecognized Tax Benefits (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Reconciliation of Unrecognized Tax Benefits [Roll Forward]      
Beginning balance $ 168 $ 257 $ 253
Additions for tax positions of prior years 8 19 1
Reductions for tax positions of prior years (4) (21) (7)
Additions for tax positions related to current year 14 22 23
Additions related to acquired entities 5 0 0
Divestiture of businesses 0 (49) 0
Reductions from lapses in statutes of limitations (36) (2) (8)
Settlements (13) (58) (5)
Ending balance 142 168 257
Unrecognized tax benefits that would affect the effective tax rate (if recognized) $ 89 $ 94 $ 150
v3.25.3
Business Acquisitions and Divestitures (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 01, 2025
Feb. 03, 2025
Oct. 01, 2024
Nov. 01, 2023
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Aug. 01, 2025
Sep. 26, 2023
Business Combination [Line Items]                  
Goodwill         $ 841 $ 661 $ 621    
Gain (loss) from the divestiture of businesses         (53) 942 $ 0    
Disposed of Sale | Divested Operations in Italy | Jabil Circuit Italia S.r.l (JCI)                  
Business Combination [Line Items]                  
Derecognized net assets               $ 36  
Gain (loss) from the divestiture of businesses         (97)        
Cash paid to buyer               $ 63  
Held for Sale | Product Manufacturing Business                  
Business Combination [Line Items]                  
Derecognized net assets           1,200      
Gain (loss) from the divestiture of businesses         54 942      
Consideration for the sale of a business                 $ 2,200
Transaction, exit and disposal costs           $ 67      
Rebound Technologies Group Holdings Limited | Subsequent Event                  
Business Combination [Line Items]                  
Amount of cash paid for business acquisitions $ 134                
Pharmaceutics International, Inc                  
Business Combination [Line Items]                  
Amount of cash paid for business acquisitions   $ 309              
Assets acquired   357              
Intangible assets acquired   149     149        
Goodwill   142              
Liabilities assumed   $ 48              
Mikros Technologies LLC                  
Business Combination [Line Items]                  
Assets acquired     $ 63            
Intangible assets acquired     40   $ 40        
Goodwill     17            
Consideration transferred     $ 63            
ProcureAbility Inc.                  
Business Combination [Line Items]                  
Amount of cash paid for business acquisitions       $ 60          
Assets acquired       87          
Intangible assets acquired       40          
Goodwill       38          
Liabilities assumed       $ 26          
v3.25.3
Fair Value Measurements - Schedule of Fair Value of Financial Assets and Liabilities Measured at Fair Value (Details) - Recurring - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Level 1    
Assets:    
Cash equivalents $ 392 $ 303
Short-term investments 27 27
Level 2 | Forward foreign exchange contracts | Designated as Hedging Instruments    
Assets:    
Derivative assets $ 19 $ 11
Liabilities:    
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Accrued expenses Accrued expenses
Derivative liability, current $ 0 $ 28
Level 2 | Forward foreign exchange contracts | Not Designated as Hedging Instruments    
Assets:    
Derivative assets $ 26 $ 25
Liabilities:    
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Accrued expenses Accrued expenses
Derivative liability, current $ 9 $ 22
Level 2 | Net investment hedges: | Designated as Hedging Instruments    
Assets:    
Derivative assets $ 1 $ 0
Liabilities:    
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Accrued expenses Accrued expenses
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities
Derivative liability, current $ 13 $ 6
Derivative liability, noncurrent 0 5
Level 2 | Forward interest rate swap: | Designated as Hedging Instruments    
Liabilities:    
Derivative liability, current $ 1 $ 0
v3.25.3
Fair Value Measurements - Schedule of Carrying Amounts and Fair Values of Notes Payable and Long-term Debt (Details) - USD ($)
$ in Millions
Aug. 31, 2025
Aug. 31, 2024
Apr. 30, 2023
Apr. 30, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount $ 2,885 $ 2,880    
3.950% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 3.95%      
Carrying Amount $ 499 498    
3.950% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 499 498    
3.950% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 496 487    
3.600% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 3.60%      
Carrying Amount $ 498 497    
3.600% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 498 497    
3.600% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 480 468    
3.000% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 3.00%      
Carrying Amount $ 595 594    
3.000% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 595 594    
3.000% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 551 529    
1.700% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 1.70%      
Carrying Amount $ 499 499    
1.700% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 499 499    
1.700% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 492 476    
4.250% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 4.25%     4.25%
Carrying Amount $ 497 496    
4.250% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 497 496    
4.250% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 500 495    
5.450% Senior Notes | Senior Notes        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Stated interest rate (as a percent) 5.45%   5.45%  
Carrying Amount $ 297 296    
5.450% Senior Notes | Senior Notes | Level 2 | Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying Amount 297 296    
5.450% Senior Notes | Senior Notes | Level 2 | Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Fair Value $ 308 $ 306    
v3.25.3
Schedule of Valuation and Qualifying Accounts (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Reserve for excess and obsolete inventory      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at Beginning of Period $ 63 $ 58 $ 82
Additions and Adjustments Charged to Costs and Expenses 26 40 34
Additions/ (Reductions) Charged to Other Accounts 0 0 (27)
Write-offs (22) (35) (31)
Balance at End of Period 67 63 58
Valuation allowance for deferred taxes      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at Beginning of Period 368 303 281
Additions and Adjustments Charged to Costs and Expenses 30 96 28
Additions/ (Reductions) Charged to Other Accounts 23 3 9
Write-offs (21) (34) (15)
Balance at End of Period $ 400 $ 368 $ 303