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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Mar. 31, 2020
Current assets    
Cash and cash equivalents $ 3,577 $ 4,015
Receivables, net 18,877 19,950
Inventories, net 19,211 16,734
Assets held for sale 15 906
Prepaid expenses and other 688 617
Total current assets 42,368 42,222
Property, plant, and equipment, net 2,518 2,365
Operating lease right-of-use assets 1,955 1,886
Goodwill 9,511 9,360
Intangible assets, net 2,980 3,156
Other non-current assets 2,513 2,258
Total assets 61,845 61,247
Current liabilities    
Drafts and accounts payable 36,509 37,195
Short-term borrowings 152 0
Current portion of long-term debt 777 1,052
Current portion of operating lease liabilities 384 354
Liabilities held for sale 14 683
Other accrued liabilities 4,094 3,340
Total current liabilities 41,930 42,624
Total long-term debt 6,467 6,335
Long-term deferred tax liabilities 773 2,255
Long-term operating lease liabilities 1,747 1,660
Long-term litigation liabilities 8,067 0
Other non-current liabilities 1,846 1,662
Redeemable noncontrolling interests 1,292 1,402
McKesson Corporation stockholders’ equity (deficit)    
Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 800 shares authorized and 273 and 272 shares issued at December 31, 2020 and March 31, 2020, respectively 2 2
Additional paid-in capital 6,847 6,663
Retained earnings 7,595 13,022
Accumulated other comprehensive loss (1,503) (1,703)
Treasury shares, at cost, 114 and 110 shares at December 31, 2020 and March 31, 2020, respectively (13,418) (12,892)
Total McKesson Corporation stockholders’ equity (deficit) (477) 5,092
Noncontrolling interests 200 217
Total equity (deficit) (277) 5,309
Total liabilities, redeemable noncontrolling interests, and equity (deficit) $ 61,845 $ 61,247