Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2014
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Dec. 31, 2013
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Income Statement [Abstract] | ||||||||||
Revenues | $ 47,005us-gaap_SalesRevenueNet | $ 34,336us-gaap_SalesRevenueNet | $ 135,821us-gaap_SalesRevenueNet | $ 99,560us-gaap_SalesRevenueNet | ||||||
Cost of Sales | (44,063)us-gaap_CostOfRevenue | (32,486)us-gaap_CostOfRevenue | (127,159)us-gaap_CostOfRevenue | (93,759)us-gaap_CostOfRevenue | ||||||
Gross Profit | 2,942us-gaap_GrossProfit | 1,850us-gaap_GrossProfit | 8,662us-gaap_GrossProfit | 5,801us-gaap_GrossProfit | ||||||
Operating Expenses | (2,162)mck_OperatingExpensesExcludingCertainOtherCharges | (1,339)mck_OperatingExpensesExcludingCertainOtherCharges | (6,406)mck_OperatingExpensesExcludingCertainOtherCharges | (3,899)mck_OperatingExpensesExcludingCertainOtherCharges | ||||||
Litigation Charges | 0us-gaap_LossContingencyLossInPeriod | (18)us-gaap_LossContingencyLossInPeriod | 0us-gaap_LossContingencyLossInPeriod | (68)us-gaap_LossContingencyLossInPeriod | ||||||
Total Operating Expenses | (2,162)us-gaap_OperatingExpenses | (1,357)us-gaap_OperatingExpenses | (6,406)us-gaap_OperatingExpenses | (3,967)us-gaap_OperatingExpenses | ||||||
Operating Income | 780us-gaap_OperatingIncomeLoss | 493us-gaap_OperatingIncomeLoss | 2,256us-gaap_OperatingIncomeLoss | 1,834us-gaap_OperatingIncomeLoss | ||||||
Other Income (Loss), Net | 13us-gaap_NonoperatingIncomeExpense | (6)us-gaap_NonoperatingIncomeExpense | 57us-gaap_NonoperatingIncomeExpense | 9us-gaap_NonoperatingIncomeExpense | ||||||
Interest Expense | (97)us-gaap_InterestAndDebtExpense | (69)us-gaap_InterestAndDebtExpense | (297)us-gaap_InterestAndDebtExpense | (187)us-gaap_InterestAndDebtExpense | ||||||
Income from Continuing Operations Before Income Taxes | 696us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 418us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 2,016us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 1,656us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | ||||||
Income Tax Expense | (183)us-gaap_IncomeTaxExpenseBenefit | (254)us-gaap_IncomeTaxExpenseBenefit | (587)us-gaap_IncomeTaxExpenseBenefit | (641)us-gaap_IncomeTaxExpenseBenefit | ||||||
Income from Continuing Operations | 513us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | 164us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | 1,429us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | 1,015us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | ||||||
Loss from discontinued operations, net of tax | (2)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax | (99)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax | (30)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax | (122)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax | ||||||
Net Income | 511us-gaap_ProfitLoss | 65us-gaap_ProfitLoss | 1,399us-gaap_ProfitLoss | 893us-gaap_ProfitLoss | ||||||
Net Income Attributable to Noncontrolling Interests | (39)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (55)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | ||||||
Net income attributable to McKesson | $ 472us-gaap_NetIncomeLoss | $ 65us-gaap_NetIncomeLoss | $ 1,344us-gaap_NetIncomeLoss | $ 893us-gaap_NetIncomeLoss | ||||||
Earnings (Loss) Per Common Share Attributable To McKesson (Diluted) | ||||||||||
Continuing operations | $ 2.01us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare | [1] | $ 0.70us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare | [1] | $ 5.84us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare | [1] | $ 4.36us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare | [1] | ||
Discontinued operations | $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare | [1] | $ (0.42)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare | [1] | $ (0.12)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare | [1] | $ (0.53)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare | [1] | ||
Total | $ 2.00us-gaap_EarningsPerShareDiluted | [1] | $ 0.28us-gaap_EarningsPerShareDiluted | [1] | $ 5.72us-gaap_EarningsPerShareDiluted | [1] | $ 3.83us-gaap_EarningsPerShareDiluted | [1] | ||
Earnings (Loss) Per Common Share Attributable To McKesson (Basic) | ||||||||||
Continuing operations | $ 2.04us-gaap_IncomeLossFromContinuingOperationsPerBasicShare | [1] | $ 0.71us-gaap_IncomeLossFromContinuingOperationsPerBasicShare | [1] | $ 5.93us-gaap_IncomeLossFromContinuingOperationsPerBasicShare | [1] | $ 4.43us-gaap_IncomeLossFromContinuingOperationsPerBasicShare | [1] | ||
Discontinued operations | $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare | [1] | $ (0.43)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare | [1] | $ (0.13)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare | [1] | $ (0.53)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare | [1] | ||
Total | $ 2.03us-gaap_EarningsPerShareBasic | [1] | $ 0.28us-gaap_EarningsPerShareBasic | [1] | $ 5.80us-gaap_EarningsPerShareBasic | [1] | $ 3.90us-gaap_EarningsPerShareBasic | [1] | ||
Dividends Declared Per Common Share | $ 0.24us-gaap_CommonStockDividendsPerShareDeclared | $ 0.24us-gaap_CommonStockDividendsPerShareDeclared | $ 0.72us-gaap_CommonStockDividendsPerShareDeclared | $ 0.68us-gaap_CommonStockDividendsPerShareDeclared | ||||||
Weighted Average Common Shares | ||||||||||
Diluted | 236us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 234us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 235us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 233us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | ||||||
Basic | 232us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 230us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 232us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 229us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | ||||||
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X | ||||||||||
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Excludes certain generally non-recurring costs charged against earnings in the period. No definition available.
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of loss pertaining to the specified contingency that was charged against earnings in the period, including the effects of revisions in previously reported estimates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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