Goodwill and other intangible assets (Tables)

6 Months Ended

Feb. 28, 2023

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):

Goodwill roll forward:	U.S. Retail Pharmacy		International		U.S. Healthcare		Walgreens Boots Alliance, Inc.
August 31, 2022	$	10,947	$	1,293	$	10,040	$	22,280
Acquisitions	—		—		5,735		5,735
Adjustments 1	—		—		252		252
Currency translation adjustments	—		76		—		76
February 28, 2023	$	10,947	$	1,369	$	16,027	$	28,343

1Includes measurement period adjustments related to acquisition of VillageMD, Shields and CareCentrix. See Note 2. Acquisitions and other investments for further information.

Schedule of Finite-Lived Intangible Assets by Major Class

The carrying amount and accumulated amortization of intangible assets consist of the following (in millions):

Intangible assets:	February 28, 2023		August 31, 2022
Gross amortizable intangible assets
Customer relationships and loyalty card holders 1	$	4,466	$	4,619
Provider networks	3,099		1,247
Trade names and trademarks	2,271		760
Developed technology	442		436
Others	95		93
Total gross amortizable intangible assets	$	10,373	$	7,155
Accumulated amortization
Customer relationships and loyalty card holders 1	$	1,574	$	1,548
Provider networks	126		64
Trade names and trademarks	301		246
Developed technology	92		56
Others	43		39
Total accumulated amortization	2,136		1,953
Total amortizable intangible assets, net	$	8,237	$	5,202
Indefinite-lived intangible assets
Trade names and trademarks	$	4,397	$	4,319
Pharmacy licenses	1,231		1,209
Total indefinite-lived intangible assets	$	5,628	$	5,528
Total intangible assets, net	$	13,864	$	10,730

1Includes purchased prescription files.

Schedule of Future Amortization Expense

Estimated future annual amortization expense for the next five fiscal years for intangible assets recorded at February 28, 2023 is as follows (in millions):

	2023 (Remaining period)		2024		2025		2026		2027		2028
Estimated annual amortization expense	$	431	$	846	$	814	$	796	$	733	$	674