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Stockholders' Equity (Tables)
 3 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of information regarding other comprehensive income (loss) including noncontrolling and redeemable noncontrolling interests, net of tax, by component
Information regarding other comprehensive income (loss) including redeemable noncontrolling interests, net of tax, by component is as follows:
 
Quarter Ended June 30,
 (In millions)
2016
 
2015
Foreign currency translation adjustments(1)
 
 
 
Foreign currency translation adjustments arising during period, net of income tax benefit of $12 and nil (2) (3)
$
(275
)
 
$
347

Reclassified to income statement, net of income tax expense of nil and nil (4)
20

 
—

 
(255
)
 
347

Unrealized gains on cash flow hedges
 
 
 
Unrealized gains on cash flow hedges arising during period, net of income tax expense of nil and nil
—

 
4

 
 
 
 
Changes in retirement-related benefit plans (5)
 
 
 
Net actuarial loss and prior service cost arising during the period, net of income tax benefit of nil and $8
—

 
(29
)
Amortization of actuarial loss and prior service costs, net of income tax expense of $1 and $4 (6)
3

 
7

Foreign currency translation adjustments and other, net of income tax expense of nil and nil
8

 
(6
)
 
11

 
(28
)
 
 
 
 
Other comprehensive income (loss), net of tax
$
(244
)
 
$
323

(1)
Foreign currency translation adjustments result from the conversion of non-U.S. dollar financial statements of our foreign subsidiaries into the Company’s reporting currency, U.S. dollars, and were primarily related to our foreign subsidiary, Celesio, during the first quarters of 2017 and 2016.
(2)
The net foreign currency translation losses during the first quarter of 2017 were primarily due to the weakening of the Euro and British pound sterling against the U.S. dollar from April 1, 2016 to June 30, 2016. During the first quarter of 2016, the currency translation gains were primarily due to the strengthening of the Euro, British pound sterling and Canadian dollars against the U.S. dollar from April 1, 2015 to June 30, 2015.
(3)
The first quarters of 2017 and 2016 include net foreign currency translation losses of $67 million and net foreign translation gains of $50 million attributable to redeemable noncontrolling interests.
(4)
The first quarter of 2017 includes net foreign currency translation losses of $20 million reclassified from accumulated other comprehensive income (loss) to loss from discontinued operations, net of tax, within our condensed consolidated statements of operations due to the sale of our Brazilian pharmaceutical distribution business.
(5)
The first quarters of 2017 and 2016 include net actuarial losses of $1 million and $6 million attributable to redeemable noncontrolling interests.
(6)
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 information regarding changes in accumulated other comprehensive income (loss), net of tax, by component
Information regarding changes in our accumulated other comprehensive income (loss), net of tax, by component for the first quarter of 2017 is as follows:
(In millions)
Foreign Currency Translation Adjustments, Net of Tax
 
Unrealized Gains (Losses) on Cash Flow Hedges,
Net of Tax
 
Unrealized Net Gains (Losses) and Other Components of Benefit Plans, Net of Tax
 
Total Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2016
$
(1,323
)
 
$
(12
)
 
$
(226
)
 
$
(1,561
)
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(275
)
 
—

 
8

 
(267
)
Amounts reclassified to earnings and other
20

 
—

 
3

 
23

Other comprehensive income (loss)
(255
)
 
—

 
11

 
(244
)
Less: amounts attributable to redeemable noncontrolling interests
(67
)
 
—

 
1

 
(66
)
Other comprehensive income (loss) attributable to McKesson
(188
)
 
—

 
10

 
(178
)
Balance at June 30, 2016
$
(1,511
)
 
$
(12
)
 
$
(216
)
 
$
(1,739
)