v3.26.1
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
May 31, 2026
Intangible Asset, Goodwill and Other [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, 2026 (in millions):
Regulated Industries
Intelligent Infrastructure
Connected Living and Digital Commerce
Total
Balance as of August 31, 2025
$673 $76 $92 $841 
Acquisitions and adjustments(1)
— 384 — 384 
Change in foreign currency exchange rates4 (1)— 3 
Balance as of May 31, 2026
$677 $459 $92 $1,228 
(1)In connection with the acquisitions of Hanley Energy Group (“Hanley”) and Rebound Technologies Group Holdings Limited (“Rebound Technologies”) during the fiscal year 2026. See Note 15 – “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, 2026August 31, 2025
Gross Carrying
Amount		Accumulated
Impairment		Gross Carrying
Amount		Accumulated
Impairment
Goodwill$2,248 $1,020 $1,861 $1,020 
Intangible Asset, Finite-Lived
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, 2026(1)
August 31, 2025
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Contractual agreements and customer relationships11$752 $(325)$427 $494 $(292)$202 
Intellectual property7347 (198)149 240 (182)58 
Finite-lived trade names6186 (135)51 132 (119)13 
Total intangible assets10$1,285 $(658)$627 $866 $(593)$273 
(1)In connection with the acquisition of Hanley, the Company acquired $369 million of identifiable intangible assets, including $237 million assigned to contractual agreements and customer relationships, $86 million assigned to intellectual property and $46 million assigned to finite-lived trade names. In connection with the acquisition of Rebound Technologies, the Company acquired $48 million of identifiable intangible assets. See Note 15 – “Business Acquisitions and Divestitures” for additional information.
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense The estimated future amortization expense is as follows (in millions):
Fiscal Year Ended August 31,
2026$24 
202795 
202888 
202979 
203078 
Thereafter263 
Total$627