Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Nov. 30, 2014

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 15.  Accumulated Other Comprehensive Income (Loss)

The following is a summary of net changes in accumulated other comprehensive income by component and net of tax for the three month periods ended November 30, 2014 and 2013 (In millions):

	Post- retirement Liability			Unrecognized Gains on Available-for- Sale Investments			Unrealized Loss on Cash Flow Hedges			Alliance Boots OCI			Foreign Currency Translation			Total
Balance at August 31, 2014	$	15		$	107		$	(27	)	$	(100	)	$	183		$	178
Other comprehensive income before reclassification adjustments		(2	)		157			(20	)		(16	)		(49	)		70
Amounts reclassified from accumulated OCI		-			-			-			-			-			-
Tax benefit (provision)		1			(58	)		8			6			17			(26	)
Net other comprehensive income (loss)		(1	)		99			(12	)		(10	)		(32	)		44
Balance at November 30, 2014	$	14		$	206		$	(39	)	$	(110	)	$	151		$	222

	Post- retirement Liability			Unrecognized Gains on Available-for- Sale Investments		Unrealized Loss on Cash Flow Hedges		Alliance Boots OCI			Foreign Currency Translation			Total
Balance at August 31, 2013	$	63		$	1	$	-	$	(59	)	$	(103	)	$	(98)
Other comprehensive income before reclassification adjustments		12			84		-		(52	)		95			139
Amounts reclassified from accumulated OCI		-			-		-		-			-			-
Tax benefit (provision)		(4	)		-		-		18			(33	)		(19	)
Net other comprehensive income (loss)		8			84		-		(34	)		62			120
Balance at November 30, 2013	$	71		$	85	$	-	$	(93	)	$	(41	)	$	22