XML 121 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Revenues $ 231,051 $ 214,319 $ 208,357
Cost of Sales (219,028) (202,565) (197,173)
Gross Profit 12,023 11,754 11,184
Operating Expenses      
Selling, distribution and administrative expenses (9,168) (8,403) (8,138)
Research and development (96) (71) (125)
Goodwill impairment charges (2) (1,797) (1,738)
Restructuring, impairment and related charges (268) (597) (567)
Gains from sales of business and on healthcare technology net asset exchange, net 0 0 37
Total Operating Expenses (9,534) (10,868) (10,422)
Operating Income 2,489 886 762
Other Income, Net 12 182 130
Equity Earnings and Charges from Investment in Change Healthcare Joint Venture (1,108) (194) (248)
Loss on Debt Extinguishment 0 0 (122)
Interest Expense (249) (264) (283)
Income from Continuing Operations Before Income Taxes 1,144 610 239
Income Tax (Expense) Benefit (18) (356) 53
Income from Continuing Operations 1,126 254 292
Income (Loss) from Discontinued Operations, Net of Tax (6) 1 5
Net Income 1,120 255 297
Net Income Attributable to Noncontrolling Interests (220) (221) (230)
Net Income Attributable to McKesson Corporation $ 900 $ 34 $ 67
Diluted      
Continuing operations (in dollars per share) $ 4.99 $ 0.17 $ 0.30
Discontinued operations (in dollars per share) (0.04) 0 0.02
Total (in dollars per share) 4.95 0.17 0.32
Basic      
Continuing operations (in dollars per share) 5.01 0.17 0.30
Discontinued operations (in dollars per share) (0.03) 0 0.02
Total (in dollars per share) $ 4.98 $ 0.17 $ 0.32
Weighted Average Common Shares      
Diluted (in shares) 182 197 209
Basic (in shares) 181 196 208
Businesses      
Operating Expenses      
Gains from sales of business and on healthcare technology net asset exchange, net $ 0 $ 0 $ 109
Healthcare Technology Net Asset Exchange      
Operating Expenses      
Gains from sales of business and on healthcare technology net asset exchange, net $ 0 $ 0 $ 37