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CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
May. 31, 2015
Aug. 31, 2014
Current Assets:    
Cash and cash equivalents $ 4,449 $ 2,646
Accounts receivable, net 6,899 3,218
Inventories 8,764 6,076
Other current assets 917 302
Total Current Assets 21,029 12,242
Non-Current Assets:    
Property, plant and equipment, at cost, less accumulated depreciation and amortization 15,241 12,257
Equity investment in Alliance Boots 0 7,336
Goodwill 17,361 2,359
Intangible assets 11,229 1,180
Other non-current assets 5,784 1,876
Total Non-Current Assets 49,615 25,008
Total Assets 70,644 37,250
Current Liabilities:    
Short-term borrowings 1,192 774
Trade accounts payable 9,932 4,315
Accrued expenses and other liabilities 4,849 3,701
Income taxes 184 105
Total Current Liabilities 16,157 8,895
Non-Current Liabilities:    
Long-term debt [1] 15,055 3,716
Deferred income taxes 3,532 1,080
Other non-current liabilities 3,971 2,942
Total Non-Current Liabilities $ 22,558 $ 7,738
Commitments and Contingencies (see Note 12)    
Equity:    
Preferred stock $.01 par value ($.0625 at August 31, 2014); authorized 32 million shares, none issued $ 0 $ 0
Common stock $.01 par value ($.078125 at August 31, 2014); authorized 3.2 billion shares; issued 1,172,513,618 at May 31, 2015 and 1,028,180,150 at August 31, 2014 12 80
Paid-in capital 9,889 1,172
Employee stock loan receivable (3) (5)
Retained earnings 25,460 22,327
Accumulated other comprehensive (loss) income (141) 136
Treasury stock, at cost; 80,545,443 shares at May 31, 2015 and 77,793,261 at August 31, 2014 (3,654) (3,197)
Total Walgreens Boots Alliance, Inc. Shareholders' Equity 31,563 20,513
Noncontrolling interests 366 104
Total Equity 31,929 20,617
Total Liabilities and Equity $ 70,644 $ 37,250
[1] All notes are presented net of unamortized discount and debt issuance costs, where applicable.