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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2017
Aug. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,301 $ 9,807
Accounts receivable, net 6,528 6,260
Inventories 8,899 8,956
Other current assets 1,025 860
Total current assets 19,753 25,883
Non-current assets:    
Property, plant and equipment, net 13,642 14,335
Goodwill 15,632 15,527
Intangible assets, net 10,156 10,302
Equity method investments (see note 5) 6,320 6,174
Other non-current assets 506 467
Total non-current assets 46,256 46,805
Total assets 66,009 72,688
Current liabilities:    
Short-term borrowings 251 323
Trade accounts payable (see note 18) 12,494 11,000
Accrued expenses and other liabilities 5,473 5,484
Income taxes 329 206
Total current liabilities 18,547 17,013
Non-current liabilities:    
Long-term debt 12,684 18,705
Deferred income taxes 2,281 2,644
Other non-current liabilities 4,223 4,045
Total non-current liabilities 19,188 25,394
Commitments and contingencies (see note 11)
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 August 31, 2017 and 2016 12 12
Paid-in capital 10,339 10,111
Employee stock loan receivable 0 (1)
Retained earnings 30,137 27,684
Accumulated other comprehensive loss (3,051) (2,992)
Treasury stock, at cost; 148,664,548 shares at August 31, 2017 and 89,527,027 at August 31, 2016 (9,971) (4,934)
Total Walgreens Boots Alliance, Inc. shareholders’ equity 27,466 29,880
Noncontrolling interests 808 401
Total equity 28,274 30,281
Total liabilities and equity $ 66,009 $ 72,688