XML 29 R29.htm IDEA: XBRL DOCUMENT v3.2.0.727
Stockholders' Equity (Tables)
3 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Schedule of 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.
Schedule of 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
)