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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Mar. 31, 2023
Current assets    
Cash and cash equivalents $ 4,583 $ 4,678
Receivables, net 21,622 19,410
Inventories, net 21,139 19,691
Prepaid expenses and other 626 513
Total current assets 47,970 44,292
Property, plant, and equipment, net 2,316 2,177
Operating lease right-of-use assets 1,729 1,635
Goodwill 10,132 9,947
Intangible assets, net 2,110 2,277
Other non-current assets 3,186 1,992
Total assets 67,443 62,320
Current liabilities    
Drafts and accounts payable 47,097 42,490
Current portion of long-term debt 50 968
Current portion of operating lease liabilities 295 299
Other accrued liabilities 4,915 4,200
Total current liabilities 52,357 47,957
Long-term debt 5,579 4,626
Long-term deferred tax liabilities 917 1,387
Long-term operating lease liabilities 1,466 1,402
Long-term litigation liabilities 6,113 6,625
Other non-current liabilities 2,610 1,813
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, 278 and 277 shares issued at March 31, 2024 and 2023, respectively 3 3
Additional paid-in capital 8,048 7,747
Retained earnings 14,978 12,295
Accumulated other comprehensive loss (881) (905)
Treasury shares, at cost, 148 and 141 shares at March 31, 2024 and 2023, respectively (24,119) (20,997)
Total McKesson Corporation stockholders’ deficit (1,971) (1,857)
Noncontrolling interests 372 367
Total deficit (1,599) (1,490)
Total liabilities and deficit $ 67,443 $ 62,320