2021 Q2 Form 10-Q Financial Statement

#000092765321000065 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $62.67B $55.68B
YoY Change 12.56% -0.09%
Cost Of Revenue $59.64B $52.98B
YoY Change 12.58% 0.07%
Gross Profit $3.032B $2.700B
YoY Change 12.3% -3.12%
Gross Profit Margin 4.84% 4.85%
Selling, General & Admin $2.232B $2.097B
YoY Change 6.44%
% of Gross Profit 73.61% 77.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $80.00M $75.00M
YoY Change 6.67% -67.25%
% of Gross Profit 2.64% 2.78%
Operating Expenses $2.464B $2.022B
YoY Change 21.86% -6.08%
Operating Profit $568.0M $678.0M
YoY Change -16.22% 6.94%
Interest Expense $49.00M -$60.00M
YoY Change -181.67% 140.0%
% of Operating Profit 8.63% -8.85%
Other Income/Expense, Net $43.00M $27.00M
YoY Change 59.26% -27.03%
Pretax Income $562.0M $645.0M
YoY Change -12.87% 4.2%
Income Tax $26.00M $150.0M
% Of Pretax Income 4.63% 23.26%
Net Earnings $486.0M $444.0M
YoY Change 9.46% 4.96%
Net Earnings / Revenue 0.78% 0.8%
Basic Earnings Per Share $3.11 $2.74
Diluted Earnings Per Share $3.07 $2.72
COMMON SHARES
Basic Shares Outstanding 156.2M shares 162.0M shares
Diluted Shares Outstanding 158.1M shares 163.2M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.423B $2.613B
YoY Change -7.27% 34.21%
Cash & Equivalents $2.423B $2.613B
Short-Term Investments
Other Short-Term Assets $713.0M $1.694B
YoY Change -57.91% 187.12%
Inventory $20.02B $16.61B
Prepaid Expenses
Receivables $20.20B $17.77B
Other Receivables $0.00 $0.00
Total Short-Term Assets $43.35B $38.68B
YoY Change 12.07% 0.66%
LONG-TERM ASSETS
Property, Plant & Equipment $2.549B $2.392B
YoY Change 6.56% -3.0%
Goodwill $9.520B $9.419B
YoY Change 1.07% -0.23%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.607B $2.226B
YoY Change 17.12% 6.15%
Total Long-Term Assets $19.54B $18.98B
YoY Change 2.95% -18.36%
TOTAL ASSETS
Total Short-Term Assets $43.35B $38.68B
Total Long-Term Assets $19.54B $18.98B
Total Assets $62.89B $57.67B
YoY Change 9.07% -6.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.39B $33.21B
YoY Change 15.6% -2.39%
Accrued Expenses $4.297B $3.471B
YoY Change 23.8% 6.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $752.0M $1.053B
YoY Change -28.58% 239.68%
Total Short-Term Liabilities $43.84B $38.60B
YoY Change 13.56% 1.71%
LONG-TERM LIABILITIES
Long-Term Debt $6.424B $6.395B
YoY Change 0.45% -13.37%
Other Long-Term Liabilities $1.748B $1.703B
YoY Change 2.64% -15.53%
Total Long-Term Liabilities $1.748B $8.098B
YoY Change -78.41% -13.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.84B $38.60B
Total Long-Term Liabilities $1.748B $8.098B
Total Liabilities $45.58B $46.70B
YoY Change -2.39% -1.38%
SHAREHOLDERS EQUITY
Retained Earnings $8.618B $13.38B
YoY Change -35.61% 4.81%
Common Stock $2.000M $2.000M
YoY Change 0.0% -33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $14.58B $12.92B
YoY Change 12.88% 34.5%
Treasury Stock Shares 119.0M shares 110.0M shares
Shareholders Equity -$529.0M $5.446B
YoY Change
Total Liabilities & Shareholders Equity $62.89B $57.67B
YoY Change 9.07% -6.51%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $486.0M $444.0M
YoY Change 9.46% 4.96%
Depreciation, Depletion And Amortization $80.00M $75.00M
YoY Change 6.67% -67.25%
Cash From Operating Activities -$1.622B -$1.062B
YoY Change 52.73% 1982.35%
INVESTING ACTIVITIES
Capital Expenditures $93.00M $72.00M
YoY Change 29.17% -17.24%
Acquisitions $1.000M $4.000M
YoY Change -75.0% -91.3%
Other Investing Activities $22.00M $16.00M
YoY Change 37.5% -159.26%
Cash From Investing Activities -$99.00M -$130.0M
YoY Change -23.85% 0.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.008B $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $2.000M $2.000M
YoY Change 0.0% 0.0%
Cash From Financing Activities -$2.151B $61.00M
YoY Change -3626.23% -107.0%
NET CHANGE
Cash From Operating Activities -$1.622B -$1.062B
Cash From Investing Activities -$99.00M -$130.0M
Cash From Financing Activities -$2.151B $61.00M
Net Change In Cash -$3.861B -$1.159B
YoY Change 233.13% 12.09%
FREE CASH FLOW
Cash From Operating Activities -$1.622B -$1.062B
Capital Expenditures $93.00M $72.00M
Free Cash Flow -$1.715B -$1.134B
YoY Change 51.23% 721.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000927653
CY2021Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2021Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2021Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q2 dei Amendment Flag
AmendmentFlag
false
CY2021Q2 dei Document Type
DocumentType
10-Q
CY2021Q2 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q2 dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
CY2021Q2 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q2 dei Entity File Number
EntityFileNumber
1-13252
CY2021Q2 dei Entity Registrant Name
EntityRegistrantName
McKESSON CORPORATION
CY2021Q2 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q2 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
94-3207296
CY2021Q2 dei Entity Address Address Line1
EntityAddressAddressLine1
6555 State Hwy 161
CY2021Q2 dei Entity Address City Or Town
EntityAddressCityOrTown
Irving
CY2021Q2 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2021Q2 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
75039
CY2021Q2 dei City Area Code
CityAreaCode
972
CY2021Q2 dei Local Phone Number
LocalPhoneNumber
446-4800
CY2021Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q2 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021Q2 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q2 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q2 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
154674571 shares
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62674000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55679000000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
59642000000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
52979000000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
3032000000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
2700000000 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2232000000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2097000000 USD
CY2021Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-74000000 USD
CY2020Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
131000000 USD
CY2021Q2 mck Restructuring Impairmentand Other Related Charges
RestructuringImpairmentandOtherRelatedCharges
158000000 USD
CY2020Q2 mck Restructuring Impairmentand Other Related Charges
RestructuringImpairmentandOtherRelatedCharges
56000000 USD
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
2464000000 USD
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
2022000000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
568000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
678000000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
43000000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27000000 USD
CY2021Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
49000000 USD
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
60000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
562000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
645000000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
150000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
536000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
495000000 USD
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3000000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
533000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
494000000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
47000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
50000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
486000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
444000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.09
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.72
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.07
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.13
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.74
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
158100000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
163200000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156200000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162000000.0 shares
CY2021Q2 us-gaap Profit Loss
ProfitLoss
533000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
494000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
24000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
33000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-5000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
559000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
523000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
50000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
111000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
509000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
412000000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2423000000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6278000000 USD
CY2021Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
20198000000 USD
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
19181000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
20016000000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
19246000000 USD
CY2021Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
7000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2549000000 USD
CY2021Q1 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
12000000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
706000000 USD
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
665000000 USD
CY2021Q2 us-gaap Assets Current
AssetsCurrent
43350000000 USD
CY2021Q1 us-gaap Assets Current
AssetsCurrent
45382000000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2581000000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2071000000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2100000000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
9520000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
9493000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2797000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2878000000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2607000000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2581000000 USD
CY2021Q2 us-gaap Assets
Assets
62894000000 USD
CY2021Q1 us-gaap Assets
Assets
65015000000 USD
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
38389000000 USD
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
38975000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
752000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
742000000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
392000000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
390000000 USD
CY2021Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
5000000 USD
CY2021Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
9000000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4297000000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3987000000 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
43835000000 USD
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
44103000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6424000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6406000000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1441000000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1411000000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1888000000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1867000000 USD
CY2021Q2 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
7596000000 USD
CY2021Q1 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
8067000000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1748000000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1715000000 USD
CY2021Q2 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
7000000 USD
CY2021Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
1271000000 USD
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
800000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
800000000 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
274000000 shares
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
273000000 shares
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
2000000 USD
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
2000000 USD
CY2021Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7057000000 USD
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6925000000 USD
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8618000000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8202000000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1627000000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1480000000 USD
CY2021Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
119000000 shares
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
115000000 shares
CY2021Q2 us-gaap Treasury Stock Value
TreasuryStockValue
14579000000 USD
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
13670000000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-529000000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-21000000 USD
CY2021Q2 us-gaap Minority Interest
MinorityInterest
484000000 USD
CY2021Q1 us-gaap Minority Interest
MinorityInterest
196000000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-45000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
175000000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
62894000000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
65015000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
175000000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
12000000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33000000 USD
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
39000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
23000000 USD
CY2021Q2 mck Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
525000000 USD
CY2021Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1000000000 USD
CY2021Q2 mck Adjustments To Additional Paid In Capital Exercise Of Put Right
AdjustmentsToAdditionalPaidInCapitalExerciseOfPutRight
8000000 USD
CY2021Q2 mck Reclassification Of Temporary Equity To Noncontrolling Interest
ReclassificationOfTemporaryEquityToNoncontrollingInterest
-287000000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65000000 USD
CY2021Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
4000000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-45000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5309000000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
-3000000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23000000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
43000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-32000000 USD
CY2020Q2 mck Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
483000000 USD
CY2020Q2 mck Adjustments To Additional Paid In Capital Exercise Of Put Right
AdjustmentsToAdditionalPaidInCapitalExerciseOfPutRight
3000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.41
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
67000000 USD
CY2020Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
7000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5653000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
533000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
494000000 USD
CY2021Q2 us-gaap Depreciation
Depreciation
80000000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
75000000 USD
CY2021Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
138000000 USD
CY2020Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
142000000 USD
CY2021Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
104000000 USD
CY2020Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5000000 USD
CY2021Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-36000000 USD
CY2020Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-28000000 USD
CY2021Q2 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-23000000 USD
CY2020Q2 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-52000000 USD
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
90000000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
83000000 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
0 USD
CY2020Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-2000000 USD
CY2021Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-194000000 USD
CY2020Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9000000 USD
CY2021Q2 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1045000000 USD
CY2020Q2 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-2291000000 USD
CY2021Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
901000000 USD
CY2020Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-238000000 USD
CY2021Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-609000000 USD
CY2020Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4214000000 USD
CY2021Q2 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-90000000 USD
CY2020Q2 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-89000000 USD
CY2021Q2 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-54000000 USD
CY2020Q2 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
76000000 USD
CY2021Q2 mck Increase Decrease In Litigation Reserve
IncreaseDecreaseInLitigationReserve
74000000 USD
CY2020Q2 mck Increase Decrease In Litigation Reserve
IncreaseDecreaseInLitigationReserve
0 USD
CY2021Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
149000000 USD
CY2020Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
150000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1622000000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1062000000 USD
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
93000000 USD
CY2020Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
72000000 USD
CY2021Q2 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
66000000 USD
CY2020Q2 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
45000000 USD
CY2021Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000 USD
CY2020Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4000000 USD
CY2021Q2 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
83000000 USD
CY2020Q2 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
7000000 USD
CY2021Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
22000000 USD
CY2020Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
16000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-99000000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-130000000 USD
CY2021Q2 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
CY2020Q2 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
5303000000 USD
CY2021Q2 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
CY2020Q2 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
5303000000 USD
CY2021Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 USD
CY2020Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 USD
CY2021Q2 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
71000000 USD
CY2020Q2 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
21000000 USD
CY2021Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1008000000 USD
CY2020Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2021Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
69000000 USD
CY2020Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
74000000 USD
CY2021Q2 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
1031000000 USD
CY2020Q2 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
49000000 USD
CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-112000000 USD
CY2020Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
165000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2151000000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
61000000 USD
CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11000000 USD
CY2020Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-28000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3861000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1159000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6396000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4023000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2535000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2864000000 USD
CY2021Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
112000000 USD
CY2020Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
251000000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2423000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2613000000 USD
CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2021Q2 us-gaap Use Of Estimates
UseOfEstimates
To prepare the financial statements in conformity with GAAP, management must make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of these financial statements and income and expenses during the reporting period. Actual amounts may differ from these estimated amounts. The Company continues to evaluate the ongoing impacts, including the economic consequences, of the coronavirus disease 2019 (“COVID-19”) pandemic. As COVID-19 evolves, the Company’s accounting estimates and assumptions may change over time and may change materially in future periods. In the opinion of management, the unaudited condensed consolidated financial statements include all normal recurring adjustments necessary for a fair presentation of the financial position, results of operations, and cash flows of McKesson for the interim periods presented.
CY2021Q2 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
The results of operations for the three months ended June 30, 2021 are not necessarily indicative of the results that may be expected for the entire year. These interim financial statements should be read in conjunction with the annual audited financial statements, accounting policies, and financial notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2021, previously filed with the SEC on May 12, 2021 (“2021 Annual Report”).
CY2021Q2 us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year begins on April 1 and ends on March 31. Unless otherwise noted, all references to a particular year shall mean the Company’s fiscal year.
CY2021Q2 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior year amounts have been reclassified to conform to the current year presentation.
CY2021Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
158000000 USD
CY2020Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
56000000 USD
CY2021Q2 us-gaap Severance Costs1
SeveranceCosts1
14000000 USD
CY2021Q2 us-gaap Business Exit Costs1
BusinessExitCosts1
40000000 USD
CY2021Q2 mck Asset Impairment Charges Including Accelerated Depreciation
AssetImpairmentChargesIncludingAcceleratedDepreciation
104000000 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
158000000 USD
CY2020Q2 us-gaap Severance Costs1
SeveranceCosts1
38000000 USD
CY2020Q2 us-gaap Business Exit Costs1
BusinessExitCosts1
13000000 USD
CY2020Q2 mck Asset Impairment Charges Including Accelerated Depreciation
AssetImpairmentChargesIncludingAcceleratedDepreciation
5000000 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
56000000 USD
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
151000000 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
158000000 USD
CY2021Q2 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
104000000 USD
CY2021Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
21000000 USD
CY2021Q2 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-7000000 USD
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
177000000 USD
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
151000000 USD
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
177000000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
150000000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.046
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.233
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1700000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1300000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
97000000 USD
CY2021Q2 mck Noncontrolling Interests Put Right Exercise Price
NoncontrollingInterestsPutRightExercisePrice
22.99
CY2014Q4 mck Noncontrolling Interests Put Right Exercise Price
NoncontrollingInterestsPutRightExercisePrice
22.99
CY2021Q2 mck Put Right Value Interest Rate Spread
PutRightValueInterestRateSpread
0.05
CY2018Q3 mck Noncontrolling Interests Put Right Exercise Price Increase
NoncontrollingInterestsPutRightExercisePriceIncrease
0.51
CY2018Q3 mck Noncontrolling Interests Put Right Exercise Price
NoncontrollingInterestsPutRightExercisePrice
23.50
CY2021Q2 mck Noncontrolling Interests Put Right Exercise Price
NoncontrollingInterestsPutRightExercisePrice
22.99
CY2014Q4 mck Noncontrolling Interests Put Right Exercise Price
NoncontrollingInterestsPutRightExercisePrice
22.99
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000 shares
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
536000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
495000000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
47000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
50000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
489000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
445000000 USD
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3000000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
486000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
444000000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156200000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162000000.0 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
158100000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
163200000 shares
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.09
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.72
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.07
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.13
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.74
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2021Q1 us-gaap Goodwill
Goodwill
9493000000 USD
CY2021Q2 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
27000000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
9520000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6677000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3880000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2797000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6646000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3768000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2878000000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
98000000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
106000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
279000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
273000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
261000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
255000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
223000000 USD
CY2021Q2 mck Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
1500000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
270000000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
270000000 USD
CY2021Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7176000000 USD
CY2021Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7148000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
752000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
742000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6424000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6406000000 USD
CY2021Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7200000000 USD
CY2021Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7100000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
752000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
742000000 USD
CY2021Q2 mck Common Stock Voting Rights Numberof Votes Per Common Share
CommonStockVotingRightsNumberofVotesPerCommonShare
1 vote
CY2020Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2021Q1 mck Stock Repurchase Program Additional Amount Authorized To Be Repurchased
StockRepurchaseProgramAdditionalAmountAuthorizedToBeRepurchased
2000000000.0 USD
CY2021Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1800000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0 USD
CY2021Q2 mck Other Comprehensive Income Translation Impact On Pension Plans Tax
OtherComprehensiveIncomeTranslationImpactOnPensionPlansTax
0 USD
CY2020Q2 mck Other Comprehensive Income Translation Impact On Pension Plans Tax
OtherComprehensiveIncomeTranslationImpactOnPensionPlansTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000 USD
CY2021Q2 mck Other Comprehensive Income Loss Defined Benefit Plans Net Unamortized Gain Loss Attributableto Redeemable Noncontrolling Interest Arising During Period Net Of Tax
OtherComprehensiveIncomeLossDefinedBenefitPlansNetUnamortizedGainLossAttributabletoRedeemableNoncontrollingInterestArisingDuringPeriodNetOfTax
0 USD
CY2020Q2 mck Other Comprehensive Income Loss Defined Benefit Plans Net Unamortized Gain Loss Attributableto Redeemable Noncontrolling Interest Arising During Period Net Of Tax
OtherComprehensiveIncomeLossDefinedBenefitPlansNetUnamortizedGainLossAttributabletoRedeemableNoncontrollingInterestArisingDuringPeriodNetOfTax
3000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
12000000 USD
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-14000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
3000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
23000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
27000000 USD
CY2020Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
61000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-32000000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62674000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55679000000 USD
CY2021Q2 mck Corporate Operating Expenseand Other Income Net
CorporateOperatingExpenseandOtherIncomeNet
303000000 USD
CY2020Q2 mck Corporate Operating Expenseand Other Income Net
CorporateOperatingExpenseandOtherIncomeNet
68000000 USD
CY2021Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
49000000 USD
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
60000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
562000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
645000000 USD

Files In Submission

Name View Source Status
0000927653-21-000065-index-headers.html Edgar Link pending
0000927653-21-000065-index.html Edgar Link pending
0000927653-21-000065.txt Edgar Link pending
0000927653-21-000065-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mck-20210630.htm Edgar Link pending
mck-20210630.xsd Edgar Link pending
mck-20210630_cal.xml Edgar Link unprocessable
mck-20210630_def.xml Edgar Link unprocessable
mck-20210630_g1.jpg Edgar Link pending
mck-20210630_htm.xml Edgar Link completed
mck-20210630_lab.xml Edgar Link unprocessable
mck-20210630_pre.xml Edgar Link unprocessable
mck_exhibit311x06302021.htm Edgar Link pending
mck_exhibit312x06302021.htm Edgar Link pending
mck_exhibit32x06302021.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending