Statements of Consolidated Financial Position (Unaudited) - USD ($) $ in Millions	Nov. 30, 2017	Aug. 31, 2017
Current Assets:
Cash and cash equivalents (variable interest entity restricted - 2018: $52 and 2017: $94)	$ 3,102	$ 1,856
Trade receivables, net (variable interest entity restricted - 2018: $91 and 2017: $74)	2,115	2,161
Miscellaneous receivables (variable interest entity restricted - 2018: $7 and 2017: $5)	987	827
Inventory, net	4,033	3,340
Assets held for sale	44	199
Other current assets (variable interest entity restricted - 2018: $0 and 2017: $1)	279	268
Total Current Assets	10,560	8,651
Total property, plant and equipment	12,383	12,231
Less accumulated depreciation	6,424	6,301
Property, Plant and Equipment, Net	5,959	5,930
Goodwill	4,082	4,088
Other Intangible Assets, Net	999	1,024
Deferred Tax Assets (variable interest entity restricted - 2018: $11 and 2017: $11)	534	564
Long-Term Receivables, Net	56	121
Other Assets (variable interest entity restricted - 2018: $4 and 2017: $4)	946	955
Total Assets	23,136	21,333
Current Liabilities:
Short-term debt, including current portion of long-term debt	1,168	870
Accounts payable (variable interest entity restricted - 2018: $2 and 2017: $9)	1,194	1,068
Income taxes payable	42	58
Accrued compensation and benefits	268	578
Accrued marketing programs	1,193	1,918
Deferred revenues (variable interest entity restricted - 2018: $2 and 2017: $0)	3,119	727
Grower production accruals	430	59
Dividends payable	0	237
Customer payable	75	106
Restructuring reserves	38	37
Miscellaneous short-term accruals (variable interest entity restricted - 2018: $2 and 2017: $2)	731	740
Total Current Liabilities	8,258	6,398
Long-Term Debt (variable interest entity restricted - 2018: $97 and 2017: $104)	6,949	7,254
Postretirement Liabilities	306	313
Long-Term Deferred Revenue	111	114
Noncurrent Deferred Tax Liabilities	290	192
Long-Term Portion of Environmental and Litigation Liabilities	222	218
Other Liabilities	385	386
Shareowners’ Equity:
Common stock (authorized: 1,500,000,000 shares, par value $0.01) Issued 614,343,272 and 613,219,246 shares, respectively; Outstanding 440,702,218 and 439,578,276 shares, respectively	6	6
Treasury stock 173,641,054 and 173,640,970 shares, respectively, at cost	(15,053)	(15,053)
Additional contributed capital	11,902	11,840
Retained earnings	12,241	12,072
Accumulated other comprehensive loss	(2,495)	(2,427)
Total Monsanto Company Shareowners’ Equity	6,601	6,438
Noncontrolling Interest	14	20
Total Shareowners’ Equity	6,615	6,458
Total Liabilities and Shareowners’ Equity	$ 23,136	$ 21,333

MONSANTO CO /NEW/ 10-Q