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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income $ 365 $ 560
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 227 242
Loss from equity method investment in Change Healthcare 120 0
Deferred taxes 85 31
Charges associated with last-in-first-out inventory method 26 47
Loss (gain) from sale of businesses (1) 113
Other non-cash items 8 29
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (363) (300)
Inventories (59) (121)
Drafts and accounts payable 463 1,549
Deferred revenue (73) (113)
Taxes (18) 95
Other (39) (273)
Net cash provided by operating activities 741 1,859
Investing Activities    
Payments for property, plant and equipment (75) (76)
Capitalized software expenditures (43) (38)
Acquisitions, net of cash and cash equivalents acquired (1,485) (1,819)
Proceeds from/(payments for) sale of businesses, net 3  
Proceeds from/(payments for) sale of businesses, net   (101)
Restricted cash for acquisitions 1,469 935
Other 2 (55)
Net cash used in investing activities (129) (1,154)
Financing Activities    
Proceeds from short-term borrowings 2,282 7
Repayments of short-term borrowings (2,463) (14)
Repayments of long-term debt (541) (1)
Common stock transactions:    
Issuances 27 36
Share repurchases, including shares surrendered for tax withholding (300) (58)
Dividends paid (62) (66)
Other (74) 14
Net cash used in financing activities (1,131) (82)
Effect of exchange rate changes on cash and cash equivalents 75 (12)
Net increase (decrease) in cash and cash equivalents (444) 611
Cash and cash equivalents at beginning of period 2,783 4,048
Cash and cash equivalents at end of period $ 2,339 $ 4,659