v3.25.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
May 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 nine months ended May 31, 2025 (in millions):
Regulated Industries
Intelligent Infrastructure
Connected Living and Digital Commerce
Total
Balance as of September 1, 2024$490 $69 $102 $661 
Acquisitions and adjustments(1)
171 (12)166 
Change in foreign currency exchange rates— 
Balance as of May 31, 2025
$663 $76 $92 $831 
(1)Primarily in connection with the acquisitions of Pharmaceutics International, Inc. (“Pii”) and Mikros Technologies LLC (“Mikros Technologies”) during the fiscal year 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):
 May 31, 2025August 31, 2024
Gross Carrying
Amount
Accumulated
Impairment
Gross Carrying
Amount
Accumulated
Impairment
Goodwill$1,851 $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 the periods indicated (in millions):
 Weighted
Average
Amortization
Period
(in years)
May 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 relationships11$498 $(288)$210 $361 $(270)$91 
Intellectual property9246 (187)59 198 (181)17 
Finite-lived trade names2134 (115)19 130 (95)35 
Total intangible assets10$878 $(590)$288 $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,
2025$17 
202649 
202740 
202837 
202930 
Thereafter115 
Total$288