BORROWINGS AND INDEBTEDNESS (Tables)

12 Months Ended

Aug. 31, 2026

The following is a summary of total outstanding debt as of August 31, 2026 and August 31, 2025, respectively:


	August 31, 2026		August 31, 2025
Current portion of long-term debt and bank borrowings
Commercial paper (1)	$	99,710	$	99,963
Other (2)	13,359		14,521
Total current portion of long-term debt and bank borrowings	$	113,069	$	114,484

Long-term debt
October 2024 Senior Notes
3.90% due 2027	$	1,100,000	$	1,100,000
4.05% due 2029	1,200,000		1,200,000
4.25% due 2031	1,200,000		1,200,000
4.50% due 2034	1,500,000		1,500,000
July 2026 Senior Notes
Floating due 2029 (3)	300,000		—
4.75% due 2029	1,000,000		—
5.00% due 2031	1,500,000		—
5.30% due 2033	1,100,000		—
5.60% due 2036	1,100,000		—
Total principal amount (4)	$	10,000,000	$	5,000,000
Less: unamortized debt discount and issuance costs	(55,719)		(32,774)
Total carrying amount	$	9,944,281	$	4,967,226
Other (2)	54,408		66,943
Total long-term debt	$	9,998,689	$	5,034,169

(1)The carrying amounts of the commercial paper as of August 31, 2026 and August 31, 2025 include the remaining principal outstanding of $100,000 and $100,000, respectively, net of total unamortized discounts of $290 and $37, respectively. The weighted-average effective interest rate for the commercial paper was 3.8% and 4.5% as of August 31, 2026 and August 31, 2025, respectively.

(2)Amounts primarily include finance lease liabilities.

(3)Interest is calculated based on a compounded Secured Overnight Financing Rate (SOFR) benchmark rate, plus 0.70%.

(4)The total estimated fair value of our senior notes was $9.8 billion as of August 31, 2026. The fair value was determined based on quoted prices as of the last trading day of fiscal 2026 and is classified as Level 2 within the fair value hierarchy.

Schedule of Maturities of Long-Term Debt

As of August 31, 2026, future principal payments for total outstanding debt, excluding finance leases, are summarized as follows:


Fiscal Year	Amount
2027	$	100,000
2028	1,100,000
2029	1,300,000
2030	1,200,000
2031	1,500,000
Thereafter	4,900,000
Total	$	10,100,000

Schedule of Borrowing Facilities

As of August 31, 2026, we had the following borrowing facilities:


	Credit Facilities
Syndicated loan facility (1)	$	8,100,000
Separate, uncommitted, unsecured multicurrency revolving credit facilities (2)	2,197,103
Local guaranteed and non-guaranteed lines of credit (3)	306,620
Total	$	10,603,723

(1)On April 22, 2026, we replaced our $5.5 billion syndicated 5-year credit facility with a new $5.925 billion syndicated 5-year credit facility and a new $2.175 billion syndicated 364-day credit facility, maturing on April 22, 2031 and April 21, 2027, respectively, aggregating to $8.1 billion. These facilities provide unsecured, revolving borrowing capacity for general corporate purposes, including the issuance of short-term commercial paper. The 5-year credit facility also provides for the issuance of letters of credit. Borrowings under these facilities will accrue interest at the applicable risk-free rate plus a spread. We are in compliance with relevant covenant terms. The facilities are subject to quarterly facility fees.

(2)We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2026 and 2025, we had no borrowings under these facilities.

(3)We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2026 and 2025, we had no borrowings under these various facilities.