Depreciation and Amortization

3 Months Ended

Nov. 30, 2014

Depreciation and Amortization [Abstract]

Note 16. Depreciation and Amortization

The Company has recorded the following depreciation and amortization expense in the Consolidated Condensed Statements of Earnings (In millions):

	Three Months Ended November 30,
	2014		2013
Depreciation expense	$	235	$	235
Amortization expense		63		70
System development costs amortization		21		27
Total depreciation and amortization expense	$	319	$	332

Amortization expense for the quarter ended November 30, 2014 of $22 million, net of tax ($8 million from the step up of certain Alliance Boots assets and $14 million representing the Company’s share of amortization within Alliance Boots operations) is included in equity earnings in Alliance Boots on the Consolidated Condensed Statements of Earnings. This compares to amortization expense of $21 million, net of tax ($8 million from the step up of certain Alliance Boots assets and $13 million representing the Company’s share of amortization within Alliance Boots operations) for the quarter ended November 30, 2013.