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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 768 $ 1,023
Accounts receivable, net 6,982 7,226
Inventories 9,563 9,333
Other current assets 1,013 1,118
Total current assets 18,326 18,700
Non-current assets:    
Property, plant and equipment, net 13,071 13,478
Operating lease right-of-use assets 21,609 0
Goodwill 14,948 16,560
Intangible assets, net 10,183 10,876
Equity method investments (see note 5) 7,033 6,851
Other non-current assets 1,274 1,133
Total non-current assets 68,118 48,899
Total assets 86,444 67,598
Current liabilities:    
Short-term debt 4,379 5,738
Trade accounts payable (see note 16) 14,033 14,341
Operating lease obligation 2,288 0
Accrued expenses and other liabilities 5,860 5,474
Income taxes 87 216
Total current liabilities 26,649 25,769
Non-current liabilities:    
Long-term debt 12,111 11,098
Operating lease obligation 21,943 0
Deferred income taxes 1,538 1,785
Other non-current liabilities 2,882 4,795
Total non-current liabilities 38,473 17,678
Commitments and contingencies (see note 10)
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 May 31, 2020 and August 31, 2019 12 12
Paid-in capital 10,726 10,639
Retained earnings 34,244 35,815
Accumulated other comprehensive loss (3,871) (3,897)
Treasury stock, at cost; 302,334,909 shares at May 31, 2020 and 277,126,116 shares at August 31, 2019 (20,375) (19,057)
Total Walgreens Boots Alliance, Inc. shareholders’ equity 20,736 23,512
Noncontrolling interests 586 641
Total equity 21,323 24,152
Total liabilities and equity $ 86,444 $ 67,598