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Item 8. Financial Statements and Supplementary Data Consolidated Statements of Earnings Walgreen Co and Subsidiaries For the years ended August 31, 2014, 2013 and 2012

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Item 8. Financial Statements and Supplementary Data Consolidated Statements of Earnings Walgreen Co and Subsidiaries For the years ended August 31, 2014, 2013 and 2012 In millions, except per share amounts) 2013 $76,392 $72,217 $71,633 54,823 51,098 51.291 21.569 21,119 20.342 17.992 17,543 16,878 2014 2012 Net sales Cost of sales Gross Profit Selling. general and administrative expenses Gain on sale of business Equity earnings in Alliance Boots Operating Income Interest expense, Other (expense) income Earnings Before Income Tax Provision Income tax provision Net Earnings Net earnings attributable to noncontrolling interests Net Earnings Attributable to Walgreen Co. Net earnings per common share attributable to Walgroen Co- basic Net earnings per common share attributable to Walgreen Co-diluted Average shares outstanding Dilutive effect of stock options Average diluted shares 20 617 4.1943,940 3.464 (156 (165) (88) (481) 3,557 3,895 3,376 1,526 1445 249 2031 2450 2.127 99) 1,932 2.450 $ 2,127 S 203 259 $ 243 2.00 256 242 953.1 946.0874.7 12.1 9.2 9652 955.2 880. The accompanying Notes to Consolidated Financial Statements are integral parts of these statements Item 8. Financial Statements and Supplementary Data Consolidated Statements of Earnings Walgreen Co and Subsidiaries For the years ended August 31, 2014, 2013 and 2012 In millions, except per share amounts) 2013 $76,392 $72,217 $71,633 54,823 51,098 51.291 21.569 21,119 20.342 17.992 17,543 16,878 2014 2012 Net sales Cost of sales Gross Profit Selling. general and administrative expenses Gain on sale of business Equity earnings in Alliance Boots Operating Income Interest expense, Other (expense) income Earnings Before Income Tax Provision Income tax provision Net Earnings Net earnings attributable to noncontrolling interests Net Earnings Attributable to Walgreen Co. Net earnings per common share attributable to Walgroen Co- basic Net earnings per common share attributable to Walgreen Co-diluted Average shares outstanding Dilutive effect of stock options Average diluted shares 20 617 4.1943,940 3.464 (156 (165) (88) (481) 3,557 3,895 3,376 1,526 1445 249 2031 2450 2.127 99) 1,932 2.450 $ 2,127 S 203 259 $ 243 2.00 256 242 953.1 946.0874.7 12.1 9.2 9652 955.2 880. The accompanying Notes to Consolidated Financial Statements are integral parts of these statements

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