XML 43 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill and other intangible assets (Tables)
6 Months Ended
Feb. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill by reportable segment consist of the following (in millions):
 
Retail
Pharmacy USA
 
Retail
Pharmacy
International
 
Pharmaceutical
Wholesale
 
Walgreens
Boots
Alliance, Inc.
Balance at August 31, 2018
$
10,483

 
$
3,370

 
$
3,061

 
$
16,914

Acquisitions
8

 

 

 
8

Disposals

 
(8
)
 

 
(8
)
Currency translation adjustments

 
59

 
54

 
113

Balance at February 28, 2019
$
10,491

 
$
3,421

 
$
3,115

 
$
17,027

Schedule of Finite-Lived Intangible Assets by Major Class
The carrying amount and accumulated amortization of intangible assets consist of the following (in millions):
 
February 28, 2019
 
August 31, 2018
Gross amortizable intangible assets
 
 
 
Customer relationships and loyalty card holders
$
4,421

 
$
4,235

Favorable lease interests and non-compete agreements
669

 
680

Trade names and trademarks
507

 
489

Purchasing and payer contracts
382

 
390

Total gross amortizable intangible assets
5,979

 
5,794

 
 
 
 
Accumulated amortization
 

 
 

Customer relationships and loyalty card holders
$
1,147

 
$
997

Favorable lease interests and non-compete agreements
386

 
359

Trade names and trademarks
242

 
206

Purchasing and payer contracts
86

 
78

Total accumulated amortization
1,861

 
1,640

Total amortizable intangible assets, net
$
4,118

 
$
4,154

 
 
 
 
Indefinite-lived intangible assets
 

 
 

Trade names and trademarks
$
5,688

 
$
5,557

Pharmacy licenses
2,126

 
2,072

Total indefinite-lived intangible assets
$
7,814

 
$
7,629

 
 
 
 
Total intangible assets, net
$
11,932

 
$
11,783



Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated future annual amortization expense for the next five fiscal years for intangible assets recorded at February 28, 2019 is as follows (in millions):
 
2020
 
2021
 
2022
 
2023
 
2024
Estimated annual amortization expense
$
483

 
$
432

 
$
412

 
$
378

 
$
361