Acquisitions

9 Months Ended

May 31, 2016

Acquisitions [Abstract]

Acquisitions

Note 7. Acquisitions

The aggregate purchase price of all business and intangible assets acquired, net of cash received, was $115 million for the nine month period ended May 31, 2016. These acquisitions included an international beauty brand and prescription files resulting in an increase of $21 million to goodwill and $88 million to intangible assets. Operating results of the businesses acquired have been included in the Consolidated Condensed Statements of Earnings from their respective acquisition dates forward. Pro forma results of the Company, assuming all of the other acquisitions had occurred at the beginning of each period presented, would not be materially different from the results reported.