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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Mar. 31, 2022
Current assets    
Cash and cash equivalents $ 4,678 $ 3,532
Receivables, net 19,410 18,583
Inventories, net 19,691 18,702
Assets held for sale 17 4,516
Prepaid expenses and other 496 898
Total current assets 44,292 46,231
Property, plant, and equipment, net 2,177 2,092
Operating lease right-of-use assets 1,635 1,548
Goodwill 9,947 9,451
Intangible assets, net 2,277 2,059
Other non-current assets 1,992 1,917
Total assets 62,320 63,298
Current liabilities    
Drafts and accounts payable 42,490 38,086
Current portion of long-term debt 968 799
Current portion of operating lease liabilities 299 297
Liabilities held for sale 5 4,741
Other accrued liabilities 4,195 4,543
Total current liabilities 47,957 48,466
Long-term debt 4,626 5,080
Long-term deferred tax liabilities 1,387 1,418
Long-term operating lease liabilities 1,402 1,366
Long-term litigation liabilities 6,625 7,220
Other non-current liabilities 1,813 1,540
Commitments and contingent liabilities (Note 17)
McKesson Corporation stockholders’ 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, 277 and 275 shares issued at March 31, 2023 and 2022, respectively 3 2
Additional paid-in capital 7,747 7,275
Retained earnings 12,295 9,030
Accumulated other comprehensive loss (905) (1,534)
Treasury shares, at cost, 141 and 130 shares at March 31, 2023 and 2022, respectively (20,997) (17,045)
Total McKesson Corporation stockholders’ deficit (1,857) (2,272)
Noncontrolling interests 367 480
Total deficit (1,490) (1,792)
Total liabilities and deficit $ 62,320 $ 63,298