Acquisitions (Tables)

6 Months Ended

Feb. 28, 2018

Schedule of Consideration for the Acquisition

The following table summarizes the consideration for the purchases and the preliminary amounts of identified assets acquired and liabilities assumed as of the six months ended February 28, 2018.



Consideration	$	3,509

Identifiable assets acquired and liabilities assumed
Inventories	$	998
Property, plant and equipment	431
Intangible assets	1,624
Accrued expenses and other liabilities	(41		)
Deferred income taxes	3
Other non-current liabilities	(516		)
Total identifiable net assets	2,499
Goodwill	$	1,010

The following table summarizes the consideration for the acquisition and the amounts of identified assets acquired and liabilities assumed at the date of the transaction (in millions).



Consideration	$	720

Identifiable assets acquired and liabilities assumed
Accounts receivable	$	217
Inventories	149
Property, plant and equipment	11
Intangible assets	331
Trade accounts payable	(90		)
Accrued expenses and other liabilities	(1		)
Total identifiable net assets	617
Goodwill	$	103

Schedule of Definite Lived Intangible Assets

The preliminary identified definite-lived intangible assets were as follows:



Definite-lived intangible assets	Weighted-average useful life (in years)	Amount (in millions)
Customer relationships	12	$	1,463
Favorable lease interests	7	145
Trade names and trademarks	2	16
Total		$	1,624

Schedule of Pro Forma Information

The unaudited condensed pro forma information has been prepared for comparative purposes only and is not intended to be indicative of what the Company’s results would have been had the purchases occurred at the beginning of the periods presented or results which may occur in the future.



	Three months ended February 28,				Six months ended February 28,
(in millions)	2018		2017		2018		2017
Sales	$	34,567	$	31,928	$	67,693	$	62,882

Actual sales from the 1,542 Rite Aid stores acquired for the three and six months ended February 28, 2018 included in the Consolidated Statement of Earnings are as follows:



(in millions)	Three months ended February 28, 2018		Six months ended February 28, 2018
Sales	$	789	$	815