XML 49 R8.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
May. 31, 2015
May. 31, 2014
Cash Flows from Operating Activities:    
Net earnings $ 4,247 $ 2,218
Adjustments to reconcile net earnings to net cash provided by operating activities -    
Depreciation and amortization 1,264 1,001
Change in fair value of warrants and related amortization (1,313) (290)
Gain on previously held equity interest (706) 0
Deferred income taxes 240 219
Stock compensation expense 86 85
Unrealized gain from fair value adjustments (114) 0
Equity earnings in Alliance Boots (315) (465)
Other 738 129
Changes in operating assets and liabilities -    
Accounts receivable, net (273) (411)
Inventories 679 493
Other current assets 54 12
Trade accounts payable 19 (425)
Accrued expenses and other liabilities (152) (46)
Income taxes (179) (103)
Other non-current assets and liabilities (116) 92
Net cash provided by operating activities 4,159 2,509
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (890) (821)
Proceeds from sale leaseback transactions 867 144
Proceeds related to the sale of business 814 0
Proceeds from sale of other assets 71 29
Alliance Boots acquisition, net of cash received (4,461) 0
Other business and intangible asset acquisitions, net of cash received (112) (323)
Purchases of short-term investments held to maturity (41) (41)
Proceeds from short-term investments held to maturity 42 42
Investment in AmerisourceBergen 0 (493)
Other (174) (82)
Net cash used for investing activities (3,884) (1,545)
Cash Flows from Financing Activities:    
Payments of short-term borrowings, net (251) 0
Proceeds from issuance of long-term debt 12,279 0
Payments of long-term debt (8,582) (550)
Proceeds from financing leases 0 225
Stock purchases (831) (205)
Proceeds related to employee stock plans 400 518
Cash dividends paid (1,013) (898)
Other (380) (34)
Net cash provided by (used for) financing activities 1,622 (944)
Effect of exchange rate changes on cash and cash equivalents (94) 0
Changes in Cash and Cash Equivalents:    
Net increase in cash and cash equivalents 1,803 20
Cash and cash equivalents at beginning of period 2,646 2,106
Cash and cash equivalents at end of period $ 4,449 $ 2,126