Goodwill and other intangible assets (Tables)

6 Months Ended

Feb. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill by reportable segment are as follows (in millions):

Goodwill roll forward:	U.S. Retail Pharmacy		International		U.S. Healthcare		Walgreens Boots Alliance, Inc.
August 31, 2023	$	10,947	$	1,378	$	15,863	$	28,187
Adjustments 1	—		—		22		22
Impairments	—		—		(12,369)		(12,369)
Cumulative translation adjustments and other	—		(18)		(8)		(26)
February 29, 2024	$	10,947	$	1,360	$	3,508	$	15,814

1Includes measurement period adjustments related to VillageMD's fiscal 2023 acquisitions. 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 29, 2024		August 31, 2023
Gross amortizable intangible assets
Customer relationships and loyalty card holders 1	$	4,671	$	4,658
Provider networks	2,966		3,202
Trade names and trademarks	2,298		2,300
Developed technology	469		469
Others	113		137
Total gross amortizable intangible assets	$	10,518	$	10,767
Accumulated amortization
Customer relationships and loyalty card holders 1	$	1,920	$	1,784
Provider networks	325		233
Trade names and trademarks	482		401
Developed technology	182		143
Others	55		48
Total accumulated amortization	2,964		2,609
Total amortizable intangible assets, net	$	7,554	$	8,158
Indefinite-lived intangible assets
Trade names and trademarks	$	4,609	$	4,650
Pharmacy licenses	821		828
Total indefinite-lived intangible assets	$	5,430	$	5,477
Total intangible assets, net	$	12,984	$	13,635

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 29, 2024 is as follows (in millions):

	2024 (Remaining period)		2025		2026		2027		2028		2029
Estimated annual amortization expense	$	468	$	904	$	865	$	782	$	705	$	652