Equity method investments (Tables)

12 Months Ended

Aug. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Equity method investments as of August 31, 2018 and 2017 were as follows (in millions, except percentages):



	2018			2017
	Carrying value		Ownership percentage	Carrying value		Ownership percentage
AmerisourceBergen	$	5,138	26%	$	5,024	26%
Others	1,472		8% - 50%	1,296		8% - 50%
Total	$	6,610		$	6,320

Summarized financial information of equity method investees

Summarized financial information for the Company’s equity method investments in aggregate is as follows:

Balance sheet (in millions)



	Year ended August 31,
	2018		2017
Current assets	$	34,493	$	29,707
Non-current assets	14,971		12,999
Current liabilities	34,055		30,559
Non-current liabilities	8,759		7,362
Shareholders’ equity¹	6,650		4,785

Statements of earnings (in millions)



	Year ended August 31,
	2018		2017		2016
Sales	$	179,887	$	164,844	$	55,153
Gross profit	6,875		5,958		2,672
Net earnings	1,315		1,040		534
Share of earnings from equity method investments	245		143		81

The summarized financial information for equity method investments has been included on an aggregated basis for all investments as reported at the end of each fiscal year end.


¹	Shareholders’ equity at August 31, 2018 and 2017 includes $445 million and $204 million, respectively, related to noncontrolling interests.