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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Mar. 31, 2020
Current assets    
Cash and cash equivalents $ 6,278 $ 4,015
Receivables, net 19,181 19,950
Inventories, net 19,246 16,734
Assets held for sale 12 906
Prepaid expenses and other 665 617
Total current assets 45,382 42,222
Property, plant, and equipment, net 2,581 2,365
Operating lease right-of-use assets 2,100 1,886
Goodwill 9,493 9,360
Intangible assets, net 2,878 3,156
Other non-current assets 2,581 2,258
Total assets 65,015 61,247
Current liabilities    
Drafts and accounts payable 38,975 37,195
Current portion of long-term debt 742 1,052
Current portion of operating lease liabilities 390 354
Liabilities held for sale 9 683
Other accrued liabilities 3,987 3,340
Total current liabilities 44,103 42,624
Long-term debt 6,406 6,335
Long-term deferred tax liabilities 1,411 2,255
Long-term operating lease liabilities 1,867 1,660
Long-term litigation liabilities 8,067 0
Other non-current liabilities 1,715 1,662
Commitments and contingent liabilities (Note 19)
Redeemable noncontrolling interests 1,271 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, 273 and 272 shares issued at March 31, 2021 and 2020, respectively 2 2
Additional paid-in capital 6,925 6,663
Retained earnings 8,202 13,022
Accumulated other comprehensive loss (1,480) (1,703)
Treasury shares, at cost, 115 and 110 shares at March 31, 2021 and 2020, respectively (13,670) (12,892)
Total McKesson Corporation stockholders’ equity (deficit) (21) 5,092
Noncontrolling interests 196 217
Total equity 175 5,309
Total liabilities, redeemable noncontrolling interests, and equity $ 65,015 $ 61,247