XML 43 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and other intangible assets (Tables)
 9 Months Ended
May 31, 2020
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 USARetail Pharmacy InternationalPharmaceutical WholesaleWalgreens Boots Alliance, Inc.
August 31, 2019$10,491  $3,179  $2,890  $16,560  
Acquisitions63  —  —  63  
Impairment1
—  (1,675) —  (1,675) 
Currency translation adjustments—  (9) 9  —  
May 31, 2020$10,554  $1,495  $2,900  $14,948  

1 Recorded within Selling, general and administrative expenses.
Schedule of Finite-Lived Intangible Assets by Major Class
The carrying amount and accumulated amortization of intangible assets consist of the following (in millions):

 May 31, 2020August 31, 2019
Gross amortizable intangible assets  
Customer relationships and loyalty card holders$4,252  $4,290  
Favorable lease interests and non-compete agreements1
59  654  
Trade names and trademarks436  461  
Purchasing and payer contracts341  382  
Total gross amortizable intangible assets5,088  5,787  
Accumulated amortization  
Customer relationships and loyalty card holders$1,405  $1,262  
Favorable lease interests and non-compete agreements1
26  410  
Trade names and trademarks248  250  
Purchasing and payer contracts108  99  
Total accumulated amortization1,787  2,021  
Total amortizable intangible assets, net$3,301  $3,766  
Indefinite-lived intangible assets  
Trade names and trademarks$4,997  $5,232  
Pharmacy licenses1,886  1,878  
Total indefinite-lived intangible assets$6,883  $7,110  
Total intangible assets, net$10,183  $10,876  
1Transferred favorable lease interest to right-of-use assets upon the adoption of ASC 842. Refer to note 17, new accounting pronouncements for additional information.
Schedule of Future Amortization Expense
Estimated future annual amortization expense for the next five fiscal years for intangible assets recorded at May 31, 2020 is as follows (in millions):
 20212022202320242025
Estimated annual amortization expense$428  $410  $376  $357  $326