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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
Cash flows from operating activities:      
Net earnings $ 4,101 $ 4,191 $ 4,279
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,654 1,718 1,742
Change in fair value of warrants and related amortization 0 516 (779)
Gain on previously held equity interest 0 0 (563)
Deferred income taxes (434) (442) (32)
Stock compensation expense 91 115 109
Equity earnings from equity method investments (143) (81) (339)
Other 364 148 752
Changes in operating assets and liabilities:      
Accounts receivable, net (153) 115 (338)
Inventories 98 (644) 719
Other current assets 0 66 22
Trade accounts payable 1,690 1,572 268
Accrued expenses and other liabilities (128) 313 170
Income taxes 44 202 (335)
Other non-current assets and liabilities 67 58 (11)
Net cash provided by operating activities 7,251 7,847 5,664
Cash flows from investing activities:      
Additions to property, plant and equipment (1,351) (1,325) (1,251)
Proceeds from sale leaseback transactions 444 60 867
Proceeds from sale of businesses 0 74 814
Proceeds from sale of other assets 59 155 184
Alliance Boots acquisition, net of cash acquired 0 0 (4,461)
Business and intangible asset acquisitions, net of cash acquired (88) (126) (371)
Investment in AmerisourceBergen 0 (2,360) 0
Other 93 5 (58)
Net cash used for investing activities (843) (3,517) (4,276)
Cash flows from financing activities:      
Proceeds and payments of short-term borrowings, net 33 29 (226)
Proceeds from issuance of long-term debt 0 5,991 12,285
Payments of long-term debt (6,196) (791) (10,472)
Stock purchases (5,220) (1,152) (1,226)
Proceeds related to employee stock plans 217 235 503
Cash dividends paid (1,723) (1,563) (1,384)
Other (45) (143) (395)
Net cash (used for) provided by financing activities (12,934) 2,606 (915)
Effect of exchange rate changes on cash and cash equivalents 20 (129) (119)
Changes in cash and cash equivalents:      
Net (decrease) increase in cash and cash equivalents (6,506) 6,807 354
Cash and cash equivalents at beginning of period 9,807 3,000 2,646
Cash and cash equivalents at end of period $ 3,301 $ 9,807 $ 3,000