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Stockholders' Equity (Tables)
 6 Months Ended
Sep. 30, 2017
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 September 30,
 
Six Months Ended September 30,
 (In millions)
2017
 
2016
 
2017
 
2016
Foreign currency translation adjustments (1)
 
 
 
 
 
 
 
Foreign currency translation adjustments arising during period, net of income tax expense (benefit) of nil, $11, nil and ($1) (2) (3)
$
303

 
$
(109
)
 
$
685

 
$
(384
)
Reclassified to income statement, net of income tax expense of nil, nil, nil and nil (4)
—

 
—

 
—

 
20

 
303

 
(109
)
 
685

 
(364
)
Unrealized gains (losses) on net investment hedges (5)
 
 
 
 
 
 
 
Unrealized gains (losses) on net investment hedges arising during period, net of income tax benefit of $25, nil, $69 and nil
(38
)
 
—

 
(108
)
 
—

Reclassified to income statement, net of income tax expense of nil, nil, nil and nil
—

 
—

 
—

 
—

 
(38
)
 
—

 
(108
)
 
—

Unrealized gains (losses) on cash flow hedges
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedges arising during period, net of income tax expense of nil, nil, nil and nil
(3
)
 
(6
)
 
11

 
(6
)
 
 
 
 
 
 
 
 
Changes in retirement-related benefit plans (6)
 
 
 
 
 
 
 
Net actuarial loss and prior service cost arising during the period, net of income tax benefit of nil, nil, nil and nil
—

 
—

 
—

 
—

Amortization of actuarial loss and prior service costs, net of income tax expense of nil, $1, nil and $2 (7)
1

 
1

 
2

 
4

Foreign currency translation adjustments and other, net of income tax expense of nil, nil, nil and nil
(4
)
 
—

 
(10
)
 
8

 
(3
)
 
1

 
(8
)
 
12

 
 
 
 
 
 
 
 
Other comprehensive income (loss), net of tax
$
259

 
$
(114
)
 
$
580

 
$
(358
)
(1)
Foreign currency translation adjustments primarily result from the conversion of non-U.S. dollar financial statements of our foreign subsidiaries into the Company’s reporting currency, U.S. dollars.
(2)
The net foreign currency translation gains during the second quarter and first six months of 2018 were primarily due to the strengthening of the Euro, Canadian dollar and British pound sterling against the U.S. dollar from April 1, 2017 to September 30, 2017. During the second quarter and first six months of 2017, the currency translation losses were primarily due to the weakening of the British pound sterling against the U.S. dollar from April 1, 2016 to September 30, 2016.
(3)
The second quarter and first six months of 2018 includes net foreign currency translation gains of $33 million and $148 million and the second quarter and first six months of 2017 include net foreign currency translation gains of $1 million and losses of $66 million attributable to redeemable noncontrolling interests.
(4)
The first six months 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 second quarter and first six months of 2018 includes foreign currency losses of $63 million and $177 million on the net investment hedges from the €1.2 billion Euro-denominated notes and £450 million British pound sterling-denominated notes.
(6)
The second quarter and first six months of 2018 include net actuarial losses of nil and $1 million and the second quarter and first six months of 2017 include net actuarial losses of nil and $1 million, which are attributable to redeemable noncontrolling interests.
(7)
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 second quarter and first six months of 2018 is as follows:
(In millions)
Foreign Currency Translation Adjustments, Net of Tax
 
Unrealized Losses on Net Investment Hedges,
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 June 30, 2017
$
(1,606
)
 
$
(78
)
 
$
(17
)
 
$
(235
)
 
(1,936
)
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
303

 
(38
)
 
(3
)
 
(4
)
 
258

Amounts reclassified to earnings and other
—

 
—

 
—

 
1

 
1

Other comprehensive income (loss)
303

 
(38
)
 
(3
)
 
(3
)
 
259

Less: amounts attributable to noncontrolling and redeemable noncontrolling interests
33

 
—

 
—

 
—

 
33

Other comprehensive income (loss) attributable to McKesson
270

 
(38
)
 
(3
)
 
(3
)
 
226

Balance at September 30, 2017
$
(1,336
)
 
$
(116
)
 
$
(20
)
 
$
(238
)
 
$
(1,710
)

(In millions)
Foreign Currency Translation Adjustments, Net of Tax
 
Unrealized Losses on Net Investment Hedges,
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, 2017
$
(1,873
)
 
$
(8
)
 
$
(31
)
 
$
(229
)
 
(2,141
)
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
685

 
(108
)
 
11

 
(10
)
 
578

Amounts reclassified to earnings and other
—

 
—

 
—

 
2

 
2

Other comprehensive income (loss)
685

 
(108
)
 
11

 
(8
)
 
580

Less: amounts attributable to noncontrolling and redeemable noncontrolling interests
148

 
—

 
—

 
1

 
149

Other comprehensive income (loss) attributable to McKesson
537

 
(108
)
 
11

 
(9
)
 
431

Balance at September 30, 2017
$
(1,336
)
 
$
(116
)
 
$
(20
)
 
$
(238
)
 
$
(1,710
)