Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Nov. 30, 2015

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 18. Accumulated Other Comprehensive Income (Loss)

The following is a summary of net changes in accumulated other comprehensive income by component and net of tax for the three-month periods ended November 30, 2015 and 2014 (in millions):

	Pension/Post- retirement Obligations		Unrecognized Gain (Loss) on Available-for- Sale Investments			Unrealized Gain (Loss) on Cash Flow Hedges			Currency Translation Adjustments			Total
Balance at August 31, 2015	$	29	$	259		$	(40	)	$	(462	)	$	(214	)
Other comprehensive income (loss) before reclassification adjustments		3		(5	)		—			(449	)		(451	)
Amounts reclassified from accumulated OCI		—		—			1			—			1
Tax benefit (provision)		—		6			—			—			6
Net other comprehensive income (loss)		3		1			1			(449	)		(444	)
Balance at November 30, 2015	$	32	$	260		$	(39	)	$	(911	)	$	(658	)

	Pension/Post- retirement Obligations			Unrecognized Gain (Loss) on Available-for- Sale Investments			Unrealized Gain (Loss) on Cash Flow Hedges			Share of OCI of Alliance Boots			Currency Translation Adjustments			Total
Balance at August 31, 2014	$	15		$	107		$	(27	)	$	(113	)	$	154		$	136
Other comprehensive income (loss)		(2	)		157			(20	)		32			(289	)		(122	)
Tax benefit (provision)		1			(58	)		8			(11	)		100			40
Net other comprehensive income (loss)		(1	)		99			(12	)		21			(189	)		(82	)
Balance at November 30, 2014	$	14		$	206		$	(39	)	$	(92	)	$	35		$	54