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CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
May 31, 2016
Aug. 31, 2015
Current Assets:    
Cash and cash equivalents $ 3,291 $ 3,000
Accounts receivable, net 6,508 6,849
Inventories 8,931 8,678
Other current assets 983 1,130
Total Current Assets 19,713 19,657
Non-Current Assets:    
Property, plant and equipment, at cost, less accumulated depreciation and amortization 14,493 15,068
Goodwill 16,102 16,372
Intangible assets 11,556 12,351
Other non-current assets 5,469 5,334
Total Non-Current Assets 47,620 49,125
Total Assets 67,333 68,782
Current Liabilities:    
Short-term borrowings 374 1,068
Trade accounts payable 10,337 10,088
Accrued expenses and other liabilities 4,852 5,225
Income taxes 248 176
Total Current Liabilities 15,811 16,557
Non-Current Liabilities:    
Long-term debt [1] 13,151 13,315
Deferred income taxes 3,058 3,538
Other non-current liabilities 3,999 4,072
Total Non-Current Liabilities 20,208 20,925
Commitments and Contingencies (see Note 12)
Equity:    
Preferred stock $.01 par value; authorized 32 million shares, none issued 0 0
Common stock $.01 par value; authorized 3.2 billion shares; issued 1,172,513,618 at May 31, 2016 and August 31, 2015 12 12
Paid-in capital 10,061 9,953
Employee stock loan receivable (1) (2)
Retained earnings 27,061 25,089
Accumulated other comprehensive loss (1,277) (214)
Treasury stock, at cost; 90,712,025 shares at May 31, 2016 and 82,603,274 at August 31, 2015 (4,975) (3,977)
Total Walgreens Boots Alliance, Inc. Shareholders' Equity 30,881 30,861
Noncontrolling interests 433 439
Total Equity 31,314 31,300
Total Liabilities and Equity $ 67,333 $ 68,782
[1] All notes are presented net of unamortized discount and debt issuance costs, where applicable.