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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 30, 2020
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,111 $ 516
Accounts receivable, net 7,869 7,132
Inventories 11,180 9,451
Other current assets 924 974
Total current assets 21,084 18,073
Non-current assets:    
Property, plant and equipment, net 13,277 13,342
Operating lease right-of-use assets 21,951 21,724
Goodwill 15,299 15,268
Intangible assets, net 10,706 10,753
Equity method investments (see note 5) 6,019 7,338
Other non-current assets 831 677
Total non-current assets 68,083 69,101
Total assets 89,167 87,174
Current liabilities:    
Short-term debt 5,245 3,538
Trade accounts payable (see note 16) 16,212 14,458
Operating lease obligation 2,435 2,426
Accrued expenses and other liabilities 6,320 6,539
Income taxes 167 110
Total current liabilities 30,379 27,070
Non-current liabilities:    
Long-term debt 10,973 12,203
Operating lease obligation 22,166 21,973
Deferred income taxes 1,277 1,498
Other non-current liabilities 3,631 3,294
Total non-current liabilities 38,047 38,968
Commitments and contingencies (see note 10)
Total Liabilities 68,426 66,038
Redeemable noncontrolling interest 178 0
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 November 30, 2020 and August 31, 2020 12 12
Paid-in capital 10,876 10,761
Retained earnings 33,495 34,210
Accumulated other comprehensive loss (3,682) (3,771)
Treasury stock, at cost; 308,611,801 shares at November 30, 2020 and 306,910,099 shares at August 31, 2020 (20,642) (20,575)
Total Walgreens Boots Alliance, Inc. shareholders’ equity 20,059 20,637
Noncontrolling interests 506 498
Total equity 20,563 21,136
Total liabilities, redeemable noncontrolling interest and equity $ 89,167 $ 87,174