v3.25.2
Accrued Expenses
 9 Months Ended
May 31, 2025
Accrued Liabilities, Current [Abstract]  
Accrued Expenses Accrued Expenses
Accrued expenses consist of the following (in millions):
May 31, 2025August 31, 2024
Inventory deposits$1,184 $1,582 
Contract liabilities(1)
1,026 1,017 
Accrued compensation and employee benefits643 699 
Other accrued expenses2,953 2,201 
Accrued expenses$5,806 $5,499 
(1)Revenue recognized during the three months and nine months ended May 31, 2025 that was included in the contract liability balance as of August 31, 2024, was $185 million and $474 million, respectively. Revenue recognized during the three months and nine months ended May 31, 2024, that was included in the contract liability balance as of August 31, 2023, was $116 million and $391 million, respectively.