XML 42 R46.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Reporting (Tables)
 12 Months Ended
Aug. 31, 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
 
For the Year Ended August 31, 2015          
Sales to external customers
 
$
80,974
  
$
8,657
  
$
13,813
  
$
-
  
$
103,444
 
Intersegment sales
  
-
   
124
   
1,514
   
(1,638
)
  
-
 
Total Sales
 
$
80,974
  
$
8,781
  
$
15,327
  
$
(1,638
)
 
$
103,444
 
                     
Adjusted Operating Income
 
$
5,098
  
$
616
  
$
450
  
$
(7
)
 
$
6,157
 
                     
Depreciation and amortization
 
$
1,217
  
$
393
  
$
120
  
$
12
  
$
1,742
 
Additions to property, plant and equipment
  
951
   
249
   
51
   
-
   
1,251
 
                     
For the Year Ended August 31, 2014                    
Sales to external customers
 
$
76,392
  
$
-
  
$
-
  
$
-
  
$
76,392
 
Intersegment sales
  
-
   
-
   
-
   
-
   
-
 
Total Sales
  
76,392
   
-
   
-
   
-
   
76,392
 
                     
Adjusted Operating Income
 
$
4,866
  
$
-
  
$
-
  
$
-
  
$
4,866
 
                     
Depreciation and amortization
 
$
1,316
  
$
-
  
$
-
  
$
-
  
$
1,316
 
Additions to property, plant and equipment
  
1,106
   
-
   
-
   
-
   
1,106
 
                     
For the Year Ended August 31, 2013                    
Sales to external customers
 
$
72,217
  
$
-
  
$
-
  
$
-
  
$
72,217
 
Intersegment sales
  
-
   
-
   
-
   
-
   
-
 
Total Sales
  
72,217
   
-
   
-
   
-
   
72,217
 
                     
Adjusted Operating Income
 
$
4,828
  
$
-
  
$
-
  
$
-
  
$
4,828
 
                     
Depreciation and amortization
 
$
1,283
  
$
-
  
$
-
  
$
-
  
$
1,283
 
Additions to property, plant and equipment
  
1,212
   
-
   
-
   
-
   
1,212
 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table reconciles adjusted operating income to operating income (in millions):
 
  
Retail Pharmacy
       
  
USA
  
International
  
Pharmaceutical
Wholesale
  
Eliminations
and
Unallocated
Items
  
Consolidated
 
For the Year Ended August 31, 2015
 
  
  
  
  
 
Adjusted Operating Income
 
$
5,098
  
$
616
  
$
450
  
$
(7
)
 
$
6,157
 
Cost transformation
                  
(542
)
Acquisition-related amortization
                  
(515
)
LIFO provision
                  
(285
)
Asset impairment
                  
(110
)
Acquisition-related costs
                  
(87
)
Store closures and other optimization costs
                  
(56
)
Loss on sale of business
                  
(17
)
Increase in fair market value of warrants
                  
123
 
Operating Income
                 
$
4,668
 
                     
For the Year Ended August 31, 2014
                    
Adjusted Operating Income
 
$
4,866
  
$
-
  
$
-
  
$
-
  
$
4,866
 
Acquisition-related amortization
                  
(364
)
LIFO provision
                  
(132
)
Store closure and other optimization costs
                  
(271
)
Acquisition-related costs
                  
(82
)
Increase in fair market value of warrants
                  
168
 
Gain on sale of business
                  
9
 
Operating Income
                 
$
4,194
 
                     
For the Year Ended August 31, 2013
                    
Adjusted Operating Income
 
$
4,828
  
$
-
  
$
-
  
$
-
  
$
4,828
 
Acquisition-related amortization
                  
(394
)
LIFO provision
                  
(239
)
Acquisition-related costs
                  
(96
)
Hurricane Sandy costs
                  
(39
)
DEA settlement costs
                  
(28
)
Distributor transition costs
                  
(13
)
Gain on sale of business
                  
20
 
Increase in fair market value of warrants
                  
53
 
Operating Income
                 
$
4,092
 
Geographic Data for Net Sales
Geographic data for net sales is as follows (in millions):

  
2015
  
2014
  
2013
 
United States
 
$
80,974
  
$
76,392
  
$
72,217
 
United Kingdom
  
9,235
   
-
   
-
 
Europe (excluding the United Kingdom)
  
11,402
   
-
   
-
 
Other
  
1,833
   
-
   
-
 
Net sales
 
$
103,444
  
$
76,392
  
$
72,217
 
Geographic Data for Long-Lived Assets
Geographic data for long-lived assets, defined as property, plant and equipment is as follows (in millions):

  
2015
  
2014
 
United States
 
$
11,327
  
$
12,257
 
United Kingdom
  
2,835
   
-
 
Europe (excluding the United Kingdom)
  
725
   
-
 
Other
  
181
   
-
 
Total long-lived assets
 
$
15,068
  
$
12,257