Debt (Tables)

12 Months Ended

Aug. 31, 2024

Debt Disclosure [Abstract]

Schedule of short-term borrowings

Debt consists of the following (all amounts are presented in millions of U.S. dollars and debt issuances are denominated in U.S. dollars, unless otherwise noted):

	August 31, 2024		August 31, 2023
Short-term debt
Credit facilities 1
November 2021 DDTL due November 2024	$	290	$	—
$850 million note issuance 1
0.9500% unsecured notes due 2023	—		850
$8 billion note issuance 1
3.800% unsecured notes due 2024	1,157		—
Other 2	58		68
Total short-term debt	$	1,505	$	917

Schedule of Long-term Debt Instruments

Long-term debt
Credit facilities 1
November 2021 DDTL due November 2024	$	—	$	289
December 2022 DDTL due January 2026	1,000		999
August 2023 DDTL due November 2026	1,000		—
$1.5 billion note issuance 1
3.200% unsecured notes due 2030	498		498
4.100% unsecured notes due 2050	635		793
$6 billion note issuance 1
3.450% unsecured notes due 2026	1,445		1,444
4.650% unsecured notes due 2046	295		318
$8 billion note issuance 1
3.800% unsecured notes due 2024	—		1,156
4.500% unsecured notes due 2034	301		301
4.800% unsecured notes due 2044	657		869
£700 million note issuance 1
3.600% unsecured Pound Sterling notes due 2025	391		381
€750 million note issuance 1
2.125% unsecured Euro notes due 2026	833		814
$4 billion note issuance 3
4.400% unsecured notes due 2042	236		263
$750 million note issuance 1
8.125% unsecured notes due 2029	740		—
Other 2	13		20
Total long-term debt, less current portion	$	8,044	$	8,145

1.Notes, borrowings under credit facilities and commercial paper are unsecured debt obligations of the Company and rank equally in right of payment with all other unsecured and unsubordinated indebtedness of the Company from time to time outstanding.

2.Other debt represents a mix of fixed and variable rate debt with various maturities and working capital facilities denominated in various currencies.

3.Notes are senior debt obligations of Walgreen Co.

Schedule of future maturities of long-term debt

At August 31, 2024, the future maturities of short-term and long-term debt, excluding debt discounts, issuance costs and finance lease obligations (See Note 4. Leases, for further information on the future lease payments), consisted of the following (in millions):

	Amount
2025	$	1,505
2026	2,838
2027	1,835
2028	1
2029	751
Later	2,651
Total estimated future maturities	$	9,581