XML 23 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Operating Activities      
Net income $ 297 $ 5,153 $ 2,310
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation 303 324 281
Amortization 648 586 604
Goodwill and other asset impairment charges 2,217 290 8
Deferred taxes (868) 882 64
Share-based compensation expense 69 115 123
Charges (credits) associated with last-in-first-out inventory method (99) (7) 244
Loss (gain) from sales of businesses and equity investments (169) 94 (103)
Other non-cash items (2) 88 108
Changes in operating assets and liabilities, net of acquisitions:      
Receivables 1,175 (762) (1,957)
Inventories (458) 320 (1,251)
Drafts and accounts payable 271 2,070 3,302
Deferred revenue (143) (87) (120)
Taxes 671 146 (78)
Settlement payment 0 (150) 0
Other 222 (371) 137
Net cash provided by operating activities 4,345 4,744 3,672
Investing Activities      
Payments for property, plant and equipment (405) (404) (488)
Capitalized software expenditures (175) (158) (189)
Acquisitions, net of cash and cash equivalents acquired (2,893) (4,237) (40)
Restricted cash for acquisitions 1,469 (506) (939)
Other (18) 75 (111)
Net cash used in investing activities (1,522) (3,796) (1,557)
Financing Activities      
Proceeds from short-term borrowings 20,542 8,294 1,561
Repayments of short-term borrowings (20,725) (8,124) (1,688)
Proceeds from issuances of long-term debt 1,522 1,824 0
Repayments of long-term debt (2,287) (1,601) (1,598)
Payments for debt extinguishments (112) 0 0
Common stock transactions:      
Issuances 132 120 123
Share repurchases, including shares surrendered for tax withholding (1,709) (2,311) (1,612)
Dividends paid (262) (253) (244)
Other (185) (18) 5
Net cash used in financing activities (3,084) (2,069) (3,453)
Effect of exchange rate changes on cash and cash equivalents 150 (144) 45
Net decrease in cash and cash equivalents (111) (1,265) (1,293)
Cash and cash equivalents at beginning of year 2,783 4,048 5,341
Cash and cash equivalents at end of year 2,672 2,783 4,048
Cash paid for:      
Interest 298 315 337
Income taxes, net of refunds 144 587 923
EIS, Zee Medical and Nurse Triage Businesses      
Adjustments to reconcile to net cash provided by operating activities:      
Gain on Healthcare Technology Net Asset Exchange, net (109) 0 (103)
Investing Activities      
Proceeds from sale of businesses and other assets, net 374 206 210
Healthcare Technology Net Asset Exchange      
Adjustments to reconcile to net cash provided by operating activities:      
Gain on Healthcare Technology Net Asset Exchange, net (37) (3,947) 0
Investing Activities      
Proceeds from sale of businesses and other assets, net 126 1,228 0
Change Healthcare      
Adjustments to reconcile to net cash provided by operating activities:      
Loss from equity method investment in Change Healthcare $ 248 $ 0 $ 0