v3.25.2
Asset-Backed Securitization Program (Tables)
9 Months Ended
May 31, 2025
Transfers and Servicing [Abstract]  
Schedule of Asset-backed Securitization Programs Amounts Recognized
In connection with the asset-backed securitization program, the Company recognized the following (in millions):
Three months endedNine months ended
May 31, 2025May 31, 2024May 31, 2025May 31, 2024
Trade accounts receivable sold$1,214 $1,006 $3,261 $2,965 
Cash proceeds received(1)
$1,204 $994 $3,229 $2,931 
Pre-tax losses on sale of receivables(2)
$10 $12 $32 $34 
(1)The amounts primarily represent proceeds from collections reinvested in revolving-period transfers.
(2)Recorded to other expense within the Condensed Consolidated Statements of Operations.