Walgreens Boots Alliance, Inc. (WBA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
108 WILMOT ROAD DEERFIELD, IL 60015 |
| State of Incorp. | DE |
| Fiscal Year End | August 31 |
| Industry (SIC) | 5912 - Drug Stores and Proprietary Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 2/29/2024 MRQ | 11/30/2023 MRQ | 8/31/2023 | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 784 | 739 | 2,472 | 1,193 | 516 | 1,023 | |||
| Cash and cash equivalents | 784 | 728 | 1,358 | 1,193 | 516 | 1,023 | |||
| Short-term investments | 11 | 1,114 | |||||||
| Receivables | 5,972 | 5,381 | 5,017 | 5,663 | 7,132 | 7,226 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,454 | 8,257 | 8,353 | 8,159 | 9,451 | 9,333 | |||
| Inventory | 9,454 | 8,257 | 8,353 | 8,159 | 9,451 | 9,333 | |||
| Other current assets | 1,134 | 1,127 | 1,059 | 800 | 974 | 1,118 | |||
| Other undisclosed current assets | 1 | (1) | 1 | (1) | |||||
| Total current assets: | 17,345 | 15,503 | 16,902 | 15,814 | 18,073 | 18,700 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 663 | 678 | 645 | ||||||
| Operating lease, right-of-use asset | 21,708 | 21,667 | 21,259 | 21,893 | 21,724 | ||||
| Property, plant and equipment | (13,100) | 13,478 | |||||||
| Long-term investments and receivables | 3,400 | 3,497 | 5,495 | 6,987 | 7,338 | 6,851 | |||
| Long-term investments | 3,400 | 3,497 | 5,495 | 6,987 | 7,338 | 6,851 | |||
| Intangible assets, net (including goodwill) | 41,462 | 41,822 | 33,010 | 22,357 | 26,021 | 27,436 | |||
| Goodwill | 28,184 | 28,187 | 22,280 | 12,421 | 15,268 | 16,560 | |||
| Intangible assets, net (excluding goodwill) | 13,278 | 13,635 | 10,730 | 9,936 | 10,753 | 10,876 | |||
| Other noncurrent assets | 2,732 | 2,550 | 1,730 | 1,987 | 677 | 1,133 | |||
| Other undisclosed noncurrent assets | 23,613 | 10,911 | 11,083 | 12,247 | 13,341 | 1 | |||
| Total noncurrent assets: | 80,478 | 81,125 | 73,222 | 65,471 | 69,101 | 48,899 | |||
| Other undisclosed assets | (1) | ||||||||
| TOTAL ASSETS: | 97,823 | 96,628 | 90,124 | 81,285 | 87,174 | 67,598 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 21,819 | 21,061 | 19,238 | 18,490 | 21,107 | 20,031 | |||
| Taxes payable | ✕ | ✕ | ✕ | 84 | 94 | 110 | 216 | ||
| Accounts payable | 13,593 | 12,635 | 11,255 | 11,136 | 14,458 | 14,341 | |||
| Accrued liabilities | 8,226 | 8,426 | 7,899 | 7,260 | 6,539 | 5,474 | |||
| Debt | 1,728 | 974 | 1,096 | 1,342 | 3,572 | 5,738 | |||
| Other undisclosed current liabilities | 2,569 | 2,500 | 2,249 | 2,222 | 2,391 | ||||
| Total current liabilities: | 26,116 | 24,535 | 22,583 | 22,054 | 27,070 | 25,769 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,585 | 8,145 | 32,132 | 29,828 | 34,176 | 11,098 | |||
| Long-term debt, excluding current maturities | 7,585 | 8,145 | 10,615 | 7,675 | 12,203 | 11,098 | |||
| Liabilities, other than long-term debt | 36,366 | 35,460 | 5,002 | 5,263 | 4,792 | 6,580 | |||
| Deferred income tax liabilities | 1,279 | 1,318 | 1,442 | 1,850 | 1,498 | 1,785 | |||
| Estimated litigation liability | 6,366 | 6,261 | |||||||
| Other liabilities | 6,589 | 5,757 | 3,560 | 3,413 | 3,294 | 4,795 | |||
| Operating lease, liability | 22,132 | 22,124 | 21,517 | 22,153 | 21,973 | ||||
| Total noncurrent liabilities: | 43,951 | 43,605 | 37,134 | 35,091 | 38,968 | 17,678 | |||
| Other undisclosed liabilities | (1) | (1) | |||||||
| Total liabilities: | 70,066 | 68,140 | 59,717 | 57,145 | 66,038 | 43,446 | |||
| Commitments and contingencies | (1) | (1) | |||||||
| Temporary equity, carrying amount | 169 | 167 | 1,042 | 319 | |||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 19,481 | 20,020 | 25,275 | 23,419 | 20,637 | 23,512 | |||
| Common stock | 12 | 12 | 12 | 12 | |||||
| Treasury stock, value | (20,725) | (20,717) | (20,683) | (20,593) | (20,575) | (19,057) | |||
| Additional paid in capital | 10,617 | 10,661 | 10,950 | 10,988 | 10,761 | 10,639 | |||
| Accumulated other comprehensive loss | (2,995) | (2,993) | (2,805) | (2,109) | (3,771) | (3,897) | |||
| Retained earnings | 32,573 | 33,058 | 37,801 | 35,121 | 34,210 | 35,815 | |||
| Other undisclosed equity, attributable to parent | 11 | 11 | |||||||
| Equity, attributable to noncontrolling interest | 8,107 | 8,302 | 4,091 | 402 | 498 | 641 | |||
| Other undisclosed equity | 1 | 1 | (1) | ||||||
| Total equity: | 27,588 | 28,322 | 29,366 | 23,822 | 21,136 | 24,152 | |||
| Other undisclosed liabilities and equity | (1) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 97,823 | 96,628 | 90,124 | 81,285 | 87,174 | 67,598 | |||
Income Statement (P&L) ($ in millions)
| 2/29/2024 TTM | 11/30/2023 TTM | 8/31/2023 | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 142,406 | 139,081 | 132,703 | 132,509 | 139,537 | 136,866 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (115,517) | (112,009) | (104,437) | (104,442) | (111,520) | (106,790) | ||
| Other undisclosed gross profit | 1 | (1) | ||||||
| Gross profit: | 26,890 | 27,072 | 28,265 | 28,067 | 28,017 | 30,076 | ||
| Operating expenses | (30,410) | (43,120) | (29,141) | (25,238) | (27,822) | (25,576) | ||
| Other undisclosed operating income (loss) | 2,750 | 9,166 | 2,263 | (487) | 1,117 | 498 | ||
| Operating income (loss): | (770) | (6,882) | 1,387 | 2,342 | 1,312 | 4,998 | ||
| Nonoperating income (Other Nonoperating income) | 831 | 2,043 | 2,998 | 558 | 70 | 233 | ||
| Interest and debt expense | (568) | (580) | (6) | (414) | (639) | (704) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 6 | 414 | 639 | 704 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (507) | (5,419) | 4,385 | 2,900 | 1,382 | 5,231 | ||
| Other undisclosed loss from continuing operations before income taxes | (1) | (400) | (905) | (639) | (704) | |||
| Income (loss) from continuing operations before income taxes: | (508) | (5,419) | 3,985 | 1,995 | 743 | 4,527 | ||
| Income tax expense (benefit) | 485 | 1,858 | 30 | (667) | (360) | (588) | ||
| Other undisclosed income from continuing operations | 33 | 33 | 50 | 627 | ||||
| Income (loss) from continuing operations: | 10 | (3,528) | 4,065 | 1,955 | 383 | 3,939 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 4,065 | 2,512 | 383 | 3,939 | |
| Income from discontinued operations | 557 | |||||||
| Other undisclosed net income | 41 | 23 | ||||||
| Net income (loss): | 10 | (3,528) | 4,065 | 2,512 | 424 | 3,962 | ||
| Net income attributable to noncontrolling interest | 32 | 20 | ||||||
| Other undisclosed net income attributable to parent | 564 | 448 | 272 | 30 | ||||
| Net income (loss) attributable to parent: | 574 | (3,080) | 4,337 | 2,542 | 456 | 3,982 | ||
| Preferred stock dividends and other adjustments | (442) | (179) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (442) | |||||||
| Net income (loss) available to common stockholders, diluted: | 132 | (3,522) | 4,158 | 2,542 | 456 | 3,982 | ||
Comprehensive Income ($ in millions)
| 2/29/2024 TTM | 11/30/2023 TTM | 8/31/2023 | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 10 | (3,528) | 4,065 | 2,512 | 424 | 3,962 | ||
| Other comprehensive income (loss) | (170) | (176) | (728) | 1,669 | 148 | (909) | ||
| Other undisclosed comprehensive loss | (1) | |||||||
| Comprehensive income (loss): | (161) | (3,704) | 3,337 | 4,181 | 572 | 3,053 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 556 | 435 | 303 | 25 | 10 | 33 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (3) | (1) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 392 | (3,269) | 3,640 | 4,205 | 582 | 3,086 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.