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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2024
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 703 $ 739
Accounts receivable, net 5,949 5,381
Inventories 8,578 8,257
Other current assets 1,107 1,127
Total current assets 16,337 15,503
Non-current assets:    
Property, plant and equipment, net 9,952 11,587
Operating lease right-of-use assets 21,020 21,667
Goodwill 15,821 28,187
Intangible assets, net 12,836 13,635
Equity method investments (see Note 5) 2,961 3,497
Other non-current assets 4,059 2,550
Total non-current assets 66,648 81,125
Total assets 82,985 96,628
Current liabilities:    
Short-term debt 1,506 917
Trade accounts payable (see Note 16) 13,100 12,635
Operating lease obligations 2,384 2,347
Accrued expenses and other liabilities 7,753 8,426
Income taxes 292 209
Total current liabilities 25,034 24,535
Non-current liabilities:    
Long-term debt 7,407 8,145
Operating lease obligations 21,379 22,124
Deferred income taxes 1,221 1,318
Accrued litigation obligations 5,890 6,261
Other non-current liabilities 6,624 5,757
Total non-current liabilities 42,521 43,605
Commitments and contingencies (see Note 10)
Total liabilities 67,555 68,140
Redeemable non-controlling interests 173 167
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 May 31, 2024 and August 31, 2023 12 12
Paid-in capital 10,639 10,661
Retained earnings 26,571 33,058
Accumulated other comprehensive loss (2,894) (2,993)
Treasury stock, at cost; 309,238,581 shares at May 31, 2024 and 308,839,832 shares at August 31, 2023 (20,686) (20,717)
Total Walgreens Boots Alliance, Inc. shareholders’ equity 13,642 20,020
Non-controlling interests 1,615 8,302
Total equity 15,257 28,322
Total liabilities, redeemable non-controlling interests and equity $ 82,985 $ 96,628