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Stockholders' Equity | 3 Months Ended
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Jun. 30, 2015
Equity [Abstract] |
Stockholders' equity | Stockholders’ Equity Each share of the Company’s outstanding common stock is permitted one vote on proposals presented to stockholders and is entitled to share equally in any dividends declared by the Company’s Board of Directors (the “Board”). The Company currently pays quarterly cash dividends of $0.24 per common share. In July 2015, the Company’s quarterly dividend was raised from $0.24 to $0.28 per common share for dividends declared on or after such date by the Board. The Company anticipates that it will continue to pay quarterly cash dividends in the future. However, the payment and amount of future dividends remain within the discretion of the Board and will depend upon the Company's future earnings, financial condition, capital requirements and other factors. In May 2015, the Board authorized the repurchase of up to $500 million of the Company’s common stock. The total authorization outstanding for repurchases of the Company’s common stock was $500 million at June 30, 2015. Other Comprehensive Income (Loss) Information regarding other comprehensive income (loss) including noncontrolling and redeemable noncontrolling interests, net of tax, by component is as follows:
| Quarter Ended June 30,
(In millions) | 2015 |  | 2014
Foreign currency translation adjustments |  |  |
Foreign currency translation adjustments arising during period, net of income tax expense of nil and nil (1) | $ | 347 |  |  | $ | 98 |
Reclassified to income statement, net of income tax expense of nil and nil | — |  |  | — |
| 347 |  |  | 98 |
Unrealized gains (losses) on cash flow hedges |  |  |
Unrealized gains (losses) on cash flow hedges arising during period, net of income tax expense of nil and nil | 4 |  |  | (2 | )
Changes in retirement-related benefit plans |  |  |
Net actuarial loss and prior service cost arising during the period, net of income tax benefit of $8 and nil (2) | (29 | ) |  | — |
Amortization of actuarial loss and prior service costs, net of income tax expense of $4 and $1 (3) | 7 |  |  | 3 |
Foreign currency translation adjustments, net of income tax expense of nil and nil | (6 | ) |  | (1 | )
| (28 | ) |  | 2 |
Other comprehensive income, net of tax | $ | 323 |  |  | $ | 98 |
(1) | The first quarters of 2016 and 2015 include net foreign currency translation gains of $50 million and net foreign currency translation losses of $12 million attributable to noncontrolling and redeemable noncontrolling interests.
(2) | The first quarter of 2016 includes net actuarial losses of $6 million attributable to redeemable noncontrolling interests.
(3) | Pre-tax amount reclassified into cost of sales and operating expenses in our condensed consolidated statements of operations. The related tax expense was reclassified into income tax expense in our condensed consolidated statements of operations.
Accumulated Other Comprehensive Income (Loss) Information regarding changes in our accumulated other comprehensive income (loss), net of tax, by component is as follows:
(In millions) | Foreign Currency Translation Adjustments, Net of Tax |  | Unrealized Losses on Cash Flow Hedges, Net of Tax |  | Unrealized Net Loss and Other Components of Benefit Plans, Net of Tax |  | Total Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2015 | $ | (1,420 | ) |  | $ | (21 | ) |  | $ | (272 | ) |  | $ | (1,713 | )
Other comprehensive income (loss) before reclassifications | 347 |  |  | 4 |  |  | (29 | ) |  | 322 |
Amounts reclassified to earnings and other | — |  |  | — |  |  | 1 |  |  | 1 |
Other comprehensive income (loss) | 347 |  |  | 4 |  |  | (28 | ) |  | 323 |
Less: amounts attributable to noncontrolling and redeemable noncontrolling interests | 50 |  |  | — |  |  | (6 | ) |  | 44 |
Other comprehensive income (loss) attributable to McKesson | 297 |  |  | 4 |  |  | (22 | ) |  | 279 |
Balance at June 30, 2015 | $ | (1,123 | ) |  | $ | (17 | ) |  | $ | (294 | ) |  | $ | (1,434 | )

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
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