Accrued Expenses (Tables)
 6 Months Ended
Feb. 28, 2022
Accrued Liabilities, Current [Abstract]  
Schedule of Accrued Expenses
Accrued expenses consist of the following (in millions):
February 28, 2022 August 31, 2021
Contract liabilities(1)
 $ 690  $ 559 
Accrued compensation and employee benefits 648  827 
Inventory deposits 1,161  711 
Other accrued expenses 1,732  1,637 
Accrued expenses $ 4,231  $ 3,734 
(1)Revenue recognized during the six months ended February 28, 2022 and 2021 that was included in the contract liability balance as of August 31, 2021 and 2020 was $196 million and $233 million, respectively.