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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Operating Activities      
Net income $ 255 $ 297 $ 5,153
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation 317 303 324
Amortization 632 648 586
Gain on Healthcare Technology Net Asset Exchange, net 0 (109) 0
Goodwill and other asset impairment charges 2,079 2,217 290
Deferred taxes 189 (868) 882
Credits associated with last-in, first-out inventory method (210) (99) (7)
Loss (gain) from sales of businesses and investments (86) (169) 94
Other non-cash items 52 67 203
Changes in assets and liabilities, net of acquisitions:      
Receivables (967) 1,175 (762)
Inventories (368) (458) 320
Drafts and accounts payable 1,976 271 2,070
Taxes (95) 671 146
Other 68 79 (458)
Settlement payment 0 0 (150)
Net cash provided by operating activities 4,036 4,345 4,744
Investing Activities      
Payments for property, plant and equipment (426) (405) (404)
Capitalized software expenditures (131) (175) (158)
Acquisitions, net of cash, cash equivalents and restricted cash acquired (905) (2,893) (4,212)
Proceeds from sale of businesses and investments, net and Payments received on Healthcare Technology Net Asset Exchange, net 101 374 206
Other (20) (20) 73
Net cash used in investing activities (1,381) (2,993) (3,269)
Financing Activities      
Proceeds from short-term borrowings 37,265 20,542 8,294
Repayments of short-term borrowings (37,268) (20,725) (8,124)
Proceeds from issuances of long-term debt 1,099 1,522 1,824
Repayments of long-term debt (1,112) (2,287) (1,601)
Payments for debt extinguishments 0 (112) 0
Common stock transactions:      
Issuances 75 132 120
Share repurchases, including shares surrendered for tax withholding (1,639) (1,709) (2,311)
Dividends paid (292) (262) (253)
Other (355) (185) (18)
Net cash used in financing activities (2,227) (3,084) (2,069)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (119) 150 (144)
Net increase (decrease) in cash, cash equivalents and restricted cash 309 (1,582) (738)
Cash, cash equivalents and restricted cash at beginning of year 2,672 4,254 4,992
Cash, cash equivalents and restricted cash at end of year 2,981 2,672 4,254
Cash paid for:      
Interest 383 298 315
Income taxes, net of refunds 262 144 587
Healthcare Technology Net Asset Exchange      
Adjustments to reconcile to net cash provided by operating activities:      
Gain on Healthcare Technology Net Asset Exchange, net 0 (37) (3,947)
Investing Activities      
Proceeds from sale of businesses and investments, net and Payments received on Healthcare Technology Net Asset Exchange, net 0 126 1,226
Change Healthcare      
Adjustments to reconcile to net cash provided by operating activities:      
Loss from equity method investment in Change Healthcare $ 194 $ 248 $ 0