| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net earnings (loss) | ||||||
3,962 | 5,031 | 4,101 | 4,191 | 4,279 | 2,031 | 2,548 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
2,038 | 1,770 | 1,654 | 1,718 | 1,742 | 1,316 | 1,283 |
Change in fair value of warrants and related amortization | ||||||
- | - | - | -516 | 779 | 385 | 120 |
Loss on exercise of call option | ||||||
- | - | - | - | - | 866 | 0 |
Gain on previously held equity interest | ||||||
0 | 337 | 0 | 0 | 563 | 0 | 0 |
Deferred income taxes | ||||||
100 | -322 | -434 | -442 | -32 | 177 | 202 |
Stock compensation expense | ||||||
119 | 130 | 91 | 115 | 109 | 114 | 104 |
Equity (earnings) from equity method investments | ||||||
187 | 244 | 143 | 81 | 339 | 619 | 496 |
Other | ||||||
302 | 296 | 364 | 148 | 752 | 183 | 113 |
Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | ||||||
789 | 391 | 153 | -115 | 338 | 616 | 449 |
Inventories | ||||||
-141 | -331 | -98 | 644 | -719 | -860 | -321 |
Other current assets | ||||||
112 | 22 | 0 | -66 | -22 | 10 | -18 |
Trade accounts payable | ||||||
954 | 1,352 | 1,684 | 1,572 | 268 | -339 | 182 |
Accrued expenses and other liabilities | ||||||
-374 | 287 | -128 | 313 | 170 | 195 | 424 |
Income taxes | ||||||
-406 | 694 | 44 | 202 | -335 | 17 | 103 |
Other non-current assets and liabilities | ||||||
-154 | -311 | 77 | 58 | -11 | 103 | 68 |
Net cash provided by operating activities | ||||||
5,594 | 8,263 | 7,255 | 7,847 | 5,664 | 3,893 | 4,301 |
Cash flows from investing activities: | ||||||
Additions to property, plant and equipment | ||||||
1,702 | 1,367 | 1,351 | 1,325 | 1,251 | 1,106 | 1,212 |
Proceeds from sale-leaseback transactions | ||||||
3 | 0 | 444 | 60 | 867 | 67 | 115 |
Proceeds from sale of businesses | ||||||
- | - | - | 74 | 814 | 93 | 20 |
Proceeds from sale of other assets | ||||||
117 | 655 | 59 | 155 | 184 | 139 | 30 |
Alliance Boots acquisition, net of cash acquired | ||||||
- | - | - | - | 4,461 | 0 | 0 |
Business, investment and asset acquisitions, net of cash acquired | ||||||
-741 | -4,793 | -88 | -126 | -371 | -344 | -630 |
Purchases of short-term investments held to maturity | ||||||
- | - | - | - | - | - | 66 |
Proceeds from short-term investments held to maturity | ||||||
- | - | - | - | - | - | 16 |
Investment in AmerisourceBergen | ||||||
- | - | - | 2,360 | 0 | 493 | 224 |
Other | ||||||
-16 | -4 | -93 | -5 | 58 | 87 | 45 |
Net cash used for investing activities | ||||||
-2,307 | -5,501 | -843 | -3,517 | -4,276 | -1,731 | -1,996 |
Cash flows from financing activities: | ||||||
Net change in short-term debt with maturities of 3 months or less | ||||||
536 | 586 | 33 | 29 | -226 | 0 | 0 |
Proceeds from debt | ||||||
12,433 | 5,900 | 0 | 5,991 | 12,285 | 0 | 4,000 |
Payments of debt | ||||||
10,461 | 4,890 | 6,196 | 791 | 10,472 | 550 | -4,300 |
Proceeds from financing leases | ||||||
- | - | - | - | - | 268 | 0 |
Stock purchases | ||||||
4,160 | 5,228 | 5,220 | 1,152 | 1,226 | 705 | 615 |
Proceeds related to employee stock plans | ||||||
174 | 174 | 217 | 235 | 503 | 612 | 486 |
Cash dividends paid | ||||||
1,643 | 1,739 | 1,723 | 1,563 | 1,384 | 1,199 | 1,040 |
Other | ||||||
75 | -98 | -45 | -143 | -395 | -48 | -27 |
Net cash used for financing activities | ||||||
-3,047 | -5,295 | -12,934 | 2,606 | -915 | -1,622 | -1,496 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
-9 | 11 | 26 | -129 | -119 | 0 | 0 |
Changes in cash, cash equivalents and restricted cash: | ||||||
Net increase (decrease) in cash, cash equivalents, and restricted cash | ||||||
232 | -2,522 | -6,496 | 6,807 | 354 | 540 | 809 |