XML 129 R34.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Segments of Business | 12 Months Ended
--- | ---
Mar. 31, 2015
Segment Reporting [Abstract] |
Segments of Business | Segments of Business We report our operations in two operating segments: McKesson Distribution Solutions and McKesson Technology Solutions. The factors for determining the reportable segments included the manner in which management evaluates the performance of the Company combined with the nature of the individual business activities. We evaluate the performance of our operating segments on a number of measures, including operating profit before interest expense, income taxes and results from discontinued operations. The McKesson Distribution Solutions segment distributes ethical and proprietary drugs and equipment and health and beauty care products throughout North America and internationally. This segment includes our International pharmaceutical distribution and services business which reflects the results of operations of Celesio, which we acquired in February 2014. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers, and practice management, technology, clinical support and business solutions to oncology and other specialty practices operating in the community setting. This segment also provides medical-surgical supply distribution, equipment, logistics and other services to healthcare providers through a network of distribution centers within the U.S. In addition, this segment sells financial, operational and clinical solutions for pharmacies (retail, hospital, alternate site) and provides consulting, outsourcing and other services. In September 2013, we sold our 49% interest in Nadro, S.A. de C.V. (“Nadro”), a pharmaceutical distributor in Mexico. Prior to the sale, financial results for Nadro were included in this segment. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, strategic management software solutions, as well as connectivity, outsourcing and other services, including remote hosting and managed services, to healthcare organizations. This segment’s customers include hospitals, physicians, homecare providers, retail pharmacies and payers primarily from North America. Corporate includes expenses associated with Corporate functions and projects and the results of certain equity investments. Corporate expenses are allocated to the operating segments to the extent that these items can be directly attributable to the segment. Financial information relating to our reportable operating segments and reconciliations to the consolidated totals is as follows:
| Years Ended March 31,
(In millions) | 2015 |  | 2014 |  | 2013
Revenues |  |  |  |  |
Distribution Solutions (1) |  |  |  |  |
North America pharmaceutical distribution and services | $ | 143,711 |  |  | $ | 123,929 |  |  | $ | 115,443 |
International pharmaceutical distribution and services | 26,358 |  |  | 4,485 |  |  | — |
Medical-Surgical distribution & services | 5,907 |  |  | 5,648 |  |  | 3,603 |
Total Distribution Solutions | 175,976 |  |  | 134,062 |  |  | 119,046 |
Technology Solutions - products and services | 3,069 |  |  | 3,330 |  |  | 3,150 |
Total Revenues | $ | 179,045 |  |  | $ | 137,392 |  |  | $ | 122,196 |
Operating profit |  |  |  |  |
Distribution Solutions | $ | 3,047 |  |  | $ | 2,472 |  |  | $ | 2,195 |
Technology Solutions | 438 |  |  | 448 |  |  | 330 |
Total | 3,485 |  |  | 2,920 |  |  | 2,525 |
Corporate Expenses, Net | (454 | ) |  | (449 | ) |  | (335 | )
Interest Expense | (374 | ) |  | (300 | ) |  | (240 | )
Income From Continuing Operations Before Income Taxes | $ | 2,657 |  |  | $ | 2,171 |  |  | $ | 1,950 |
Depreciation and amortization (2) |  |  |  |  |
Distribution Solutions | $ | 750 |  |  | $ | 446 |  |  | $ | 267 |
Technology Solutions | 156 |  |  | 169 |  |  | 194 |
Corporate | 111 |  |  | 120 |  |  | 120 |
Total | $ | 1,017 |  |  | $ | 735 |  |  | $ | 581 |
Expenditures for long-lived assets (3) |  |  |  |  |
Distribution Solutions | $ | 301 |  |  | $ | 179 |  |  | $ | 163 |
Technology Solutions | 27 |  |  | 47 |  |  | 37 |
Corporate | 48 |  |  | 52 |  |  | 41 |
Total | $ | 376 |  |  | $ | 278 |  |  | $ | 241 |
Revenues, net by geographic area (4) |  |  |  |  |
United States | $ | 142,810 |  |  | $ | 122,426 |  |  | $ | 112,102 |
Foreign | 36,235 |  |  | 14,966 |  |  | 10,094 |
Total | $ | 179,045 |  |  | $ | 137,392 |  |  | $ | 122,196 |
(1) | Revenues derived from services represent less than 2% of this segment’s total revenues.
(2) | Amounts primarily include amortization of acquired intangible assets purchased in connection with acquisitions, capitalized software held for sale and capitalized software for internal use.
(3) | Long-lived assets consist of property, plant and equipment.
(4) | Net revenues were attributed to geographic areas based on the customers’ shipment locations.
Segment assets and property, plant and equipment, net by geographic areas were as follows:
| March 31,
(In millions) | 2015 |  | 2014
Segment assets |  |  |
Distribution Solutions | $ | 43,982 |  |  | $ | 42,496 |
Technology Solutions | 3,281 |  |  | 3,573 |
Total | 47,263 |  |  | 46,069 |
Corporate |  |  |
Cash and cash equivalents | 5,341 |  |  | 4,193 |
Other | 1,266 |  |  | 1,497 |
Total | $ | 53,870 |  |  | $ | 51,759 |
Property, plant and equipment, net |  |  |  |  |
United States | $ | 1,273 |  |  | $ | 1,246 |
Foreign | 772 |  |  | 950 |
Total | $ | 2,045 |  |  | $ | 2,196 |

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration