Arsenal have won the Community Shield 5-4 on penalties following a 1-1 draw after 90 minutes at Wembley.
The Gunners took the lead in the first half with an amazing goal from Pierre-Emerick Aubameyang, who curled a wonderful shot past Alisson.
Liverpool equalised through Takumi Minamino in the 73rd minute to take the game to penalties, and after the first four were converted, Rhian Brewster miss ended up being the difference between the two sides.
Aubameyang scored the decisive spot-kick to give Arsenal and manager Mikel Arteta their second trophy at Wembley this month.
Arsenal have won nine of their last 11 penalty shootouts, including two in the Community Shield.
Liverpool have lost three of their last five shootouts, including two in the Community Shield.