v3.24.3
Goodwill and other intangible assets (Tables)
 12 Months Ended
Aug. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Changes in the carrying amount of goodwill by reportable segment consist of the following activity (in millions):
Goodwill roll forward:U.S. Retail Pharmacy
International 1
U.S. HealthcareWalgreens Boots Alliance, Inc.
August 31, 2022$10,947 $1,293 $10,040 $22,280 
Acquisitions 2
— — 5,588 5,588 
Measurement period adjustments— — 252 252 
Currency translation adjustments and other— 85 (18)67 
August 31, 2023$10,947 $1,378 $15,863 $28,187 
Measurement period adjustments— — 19 19 
Impairments— — (12,701)(12,701)
Currency translation adjustments and other— 9 (8)1 
August 31, 2024$10,947 $1,388 $3,173 $15,506 

1.As of fiscal 2022, prior period goodwill impairment charges of $1.7 billion were recognized in the International Segment.
2.In fiscal 2023, additions to goodwill primarily relate to VillageMD’s acquisition of Summit.
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:August 31, 2024August 31, 2023
Gross amortizable intangible assets  
Customer relationships and loyalty card holders 1
$4,868 $4,658 
Provider networks2,957 3,202 
Trade names and trademarks2,294 2,300 
Developed technology469 469 
Others156 137 
Total gross amortizable intangible assets$10,745 $10,767 
Accumulated amortization 
Customer relationships and loyalty card holders 1
$2,127 $1,784 
Provider networks411 233 
Trade names and trademarks558 401 
Developed technology221 143 
Others62 48 
Total accumulated amortization3,379 2,609 
Total amortizable intangible assets, net$7,367 $8,158 
Indefinite-lived intangible assets  
Trade names and trademarks$4,759 $4,650 
Pharmacy licenses848 828 
Total indefinite-lived intangible assets$5,607 $5,477 
Total intangible assets, net$12,973 $13,635 

1Includes purchased prescription files.
Schedule of finite-lived intangible assets, future amortization expense
Estimated future annual amortization expense for the next five fiscal years for intangible assets recorded at August 31, 2024 is as follows (in millions):
 20252026202720282029
Estimated annual amortization expense$974 $930 $840 $756 $688 
Schedule of Indefinite-Lived Intangible Assets
The carrying amount and accumulated amortization of intangible assets consist of the following (in millions):
Intangible assets:August 31, 2024August 31, 2023
Gross amortizable intangible assets  
Customer relationships and loyalty card holders 1
$4,868 $4,658 
Provider networks2,957 3,202 
Trade names and trademarks2,294 2,300 
Developed technology469 469 
Others156 137 
Total gross amortizable intangible assets$10,745 $10,767 
Accumulated amortization 
Customer relationships and loyalty card holders 1
$2,127 $1,784 
Provider networks411 233 
Trade names and trademarks558 401 
Developed technology221 143 
Others62 48 
Total accumulated amortization3,379 2,609 
Total amortizable intangible assets, net$7,367 $8,158 
Indefinite-lived intangible assets  
Trade names and trademarks$4,759 $4,650 
Pharmacy licenses848 828 
Total indefinite-lived intangible assets$5,607 $5,477 
Total intangible assets, net$12,973 $13,635 

1Includes purchased prescription files.