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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2021
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,030 $ 469
Accounts receivable, net 4,878 4,110
Inventories 8,541 7,917
Other current assets 796 598
Assets of discontinued operations - current (see note 2) 10,839 4,979
Total current assets 26,084 18,073
Non-current assets:    
Property, plant and equipment, net 12,588 12,796
Operating lease right-of-use assets 21,908 21,453
Goodwill 12,468 12,013
Intangible assets, net 10,486 10,072
Equity method investments (see note 6) 6,202 7,204
Other non-current assets 1,183 581
Assets of discontinued operations - non-current (see note 2) 0 4,983
Total non-current assets 64,836 69,101
Total assets 90,920 87,174
Current liabilities:    
Short-term debt 5,161 3,265
Trade accounts payable (see note 17) 11,009 10,145
Operating lease obligation 2,360 2,358
Accrued expenses and other liabilities 6,400 5,861
Income taxes 89 95
Liabilities of discontinued operations - current (see note 2) 6,228 5,347
Total current liabilities 31,246 27,070
Non-current liabilities:    
Long-term debt 10,998 12,203
Operating lease obligation 22,134 21,765
Deferred income taxes 1,232 1,367
Other non-current liabilities 3,374 3,222
Liabilities of discontinued operations - non-current (see note 2) 0 412
Total non-current liabilities 37,739 38,968
Commitments and contingencies (see note 11)
Total liabilities 68,985 66,038
Redeemable noncontrolling interest 309 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 February 28, 2021 and August 31, 2020 12 12
Paid-in capital 10,916 10,761
Retained earnings 34,116 34,210
Accumulated other comprehensive loss (3,306) (3,771)
Treasury stock, at cost; 308,119,200 shares at February 28, 2021 and 306,910,099 shares at August 31, 2020 (20,626) (20,575)
Total Walgreens Boots Alliance, Inc. shareholders’ equity 21,112 20,637
Noncontrolling interests 514 498
Total equity 21,625 21,136
Total liabilities, redeemable noncontrolling interest and equity $ 90,920 $ 87,174