Segment Reporting (Tables)

6 Months Ended

Feb. 28, 2015

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following table reflects results of operations of the Company's reportable segments (in millions):

	Retail Pharmacy
	USA		International		Pharmaceutical Wholesale		Eliminations and Unallocated Items			Consolidated
Three Months Ended February 28, 2015
Sales to external customers	$	21,048	$	2,017	$	3,508	$	-		$	26,573
Intersegment sales		-		30		357		(387	)		-
Total Sales		21,048		2,047		3,865		(387	)		26,573
Cost of sales		15,302		1,294		3,478		(383	)		19,691
Gross Profit		5,746		753		387		(4	)		6,882
Selling, general and administrative expenses		4,555		745		306		-			5,606
Equity earnings in Alliance Boots		101		-		-		-			101
Operating Income	$	1,292	$	8	$	81	$	(4	)	$	1,377
Three Months Ended February 28, 2014
Sales to external customers	$	19,605	$	-	$	-	$	-		$	19,605
Intersegment sales		-		-		-		-			-
Total Sales		19,605		-		-		-			19,605
Cost of sales		13,955		-		-		-			13,995
Gross Profit		5,650		-		-		-			5,650
Selling, general and administrative expenses		4,569		-		-		-			4,569
Equity earnings in Alliance Boots		136		-		-		-			136
Operating Income	$	1,217	$	-	$	-	$	-		$	1,217

	Retail Pharmacy
	USA		International		Pharmaceutical Wholesale		Eliminations and Unallocated Items			Consolidated
Six Months Ended February 28, 2015
Sales to external customers	$	40,602	$	2,017	$	3,508	$	-		$	46,127
Intersegment sales		-		30		357		(387	)		-
Total Sales		40,602		2,047		3,865		(387	)		46,127
Cost of sales		29,560		1,294		3,478		(383	)		33,949
Gross Profit		11,042		753		387		(4	)		12,178
Selling, general and administrative expenses		9,011		745		306		-			10,062
Equity earnings in Alliance Boots		315		-		-		-			315
Operating Income	$	2,346	$	8	$	81	$	(4	)	$	2,431
Six Months Ended February 28, 2014
Sales to external customers	$	37,934	$	-	$	-	$	-		$	37,934
Intersegment sales		-		-		-		-			-
Total Sales		37,934		-		-		-			37,934
Cost of sales		27,132		-		-		-			27,132
Gross Profit		10,802		-		-		-			10,802
Selling, general and administrative expenses		8,948		-		-		-			8,948
Equity earnings in Alliance Boots		330		-		-		-			330
Operating Income	$	2,184	$	-	$	-	$	-		$	2,184
Total assets:
February 28, 2015	$	77,466	$	22,131	$	13,706	$	(41,946	)	$	71,357
August 31, 2014		44,275		-		-		(7,005	)		37,270

Schedule of Earnings Before Interest and Income Tax Provision

The following table reconciles the operating income from each reportable segment to earnings before interest and income tax provision (in millions):

	For the Three Months Ended						For the Six Months Ended
	February 28, 2015			February 28, 2014			February 28, 2015			February 28, 2014
Operating income:
Retail Pharmacy USA	$	1,292		$	1,217		$	2,346		$	2,184
Retail Pharmacy International		8			-			8			-
Pharmaceutical Wholesale		81			-			81			-
Eliminations/Other		(4	)		-			(4	)		-
Gain on previously held equity interest		706			-			706			-
Other (expense) income		504			(59	)		703			166
Earnings Before Interest and Tax provision (EBIT)	$	2,587		$	1,158		$	3,840		$	2,350