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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
Cash Flows from Operating Activities      
Net Earnings $ 4,191 $ 4,279 $ 2,031
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,718 1,742 1,316
Change in fair value of warrants and related amortization 516 (779) (385)
Loss on exercise of call option 0 0 866
Gain on previously held equity interest 0 (563) 0
Deferred income taxes (442) (32) 177
Stock compensation expense 115 109 114
Equity earnings from equity method investments (81) (339) (619)
Other 148 752 183
Changes in operating assets and liabilities:      
Accounts receivable, net 115 (338) (616)
Inventories (644) 719 860
Other current assets 66 22 (10)
Trade accounts payable 1,572 268 (339)
Accrued expenses and other liabilities 313 170 195
Income taxes 202 (335) 17
Other non-current assets and liabilities 58 (11) 103
Net cash provided by operating activities 7,847 5,664 3,893
Cash Flows from Investing Activities      
Additions to property, plant and equipment (1,325) (1,251) (1,106)
Proceeds from sale leaseback transactions 60 867 67
Proceeds related to the sale of business 74 814 93
Proceeds from sale of other assets 155 184 139
Alliance Boots acquisition, net of cash received 0 (4,461) 0
Other business and intangible asset acquisitions, net of cash acquired (126) (371) (344)
Investment in AmerisourceBergen (2,360) 0 (493)
Other 5 (58) (87)
Net cash used for investing activities (3,517) (4,276) (1,731)
Cash Flows from Financing Activities      
Proceeds and payments of short-term borrowings, net 29 (226) 0
Proceeds from issuance of long-term debt 5,991 12,285 0
Payments of long-term debt (791) (10,472) (550)
Proceeds from financing leases 0 0 268
Stock purchases (1,152) (1,226) (705)
Proceeds related to employee stock plans 235 503 612
Cash dividends paid (1,563) (1,384) (1,199)
Other (143) (395) (48)
Net cash provided by (used for) financing activities 2,606 (915) (1,622)
Effect of exchange rate changes on cash and cash equivalents (129) (119) 0
Changes in Cash and Cash Equivalents:      
Net increase in cash and cash equivalents 6,807 354 540
Cash and cash equivalents at beginning of period 3,000 2,646 2,106
Cash and cash equivalents at end of period $ 9,807 $ 3,000 $ 2,646