XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.24.3

Stockholders' Deficit (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
Schedule of Information Regarding Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax, by Component | Information regarding changes in accumulated other comprehensive loss, including noncontrolling interests, by components for the three months ended September 30, 2024 and 2023 was as follows:
| Foreign Currency Translation Adjustments |  |  |  |  |  |
(In millions) | Foreign Currency Translation Adjustments, Net of Tax (1) |  | Unrealized Losses on Net Investment Hedges, Net of Tax (2) |  | Unrealized Gains (Losses) on Cash Flow and Other Hedges, Net of Tax (3) |  | Unrealized Losses and Other Components of Benefit Plans, Net of Tax |  | Total Accumulated Other Comprehensive Loss
Balance, June 30, 2024 | $ | (892) |  |  | $ | (7) |  |  | $ | 3 |  |  | $ | (17) |  |  | $ | (913) |
Other comprehensive income (loss) before reclassifications | 49 |  |  | (15) |  |  | (9) |  |  | (1) |  |  | 24 |
Amounts reclassified to earnings and other | — |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Other comprehensive income (loss) | 49 |  |  | (15) |  |  | (9) |  |  | (2) |  |  | 23 |
Less: amounts attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other comprehensive income (loss) attributable to McKesson | 49 |  |  | (15) |  |  | (9) |  |  | (2) |  |  | 23 |
Balance, September 30, 2024 | $ | (843) |  |  | $ | (22) |  |  | $ | (6) |  |  | $ | (19) |  |  | $ | (890) |
(1)Primarily results from the conversion of non-U.S. dollar financial statements of the Company’s operations in Canada and Norway into the Company’s reporting currency, U.S. dollars. (2)Amounts recorded for the three months ended September 30, 2024 include losses of $20 million related to net investment hedges from cross-currency swaps, which are net of income tax benefit of $5 million. (3)Amounts recorded for the three months ended September 30, 2024 include losses of $14 million related to cash flow and other hedges from cross-currency swaps and gains of $2 million related to cash flow hedges from foreign currency forwards. These amounts are net of income tax benefit of $3 million.
| Foreign Currency Translation Adjustments |  |  |  |  |  |
(In millions) | Foreign Currency Translation Adjustments, Net of Tax (1) |  | Unrealized Gains (Losses) on Net Investment Hedges, Net of Tax (2) |  | Unrealized Gains (Losses) on Cash Flow and Other Hedges, Net of Tax (3) |  | Unrealized Gains (Losses) and Other Components of Benefit Plans, Net of Tax |  | Total Accumulated Other Comprehensive Loss
Balance, June 30, 2023 | $ | (780) |  |  | $ | (29) |  |  | $ | (29) |  |  | $ | (10) |  |  | $ | (848) |
Other comprehensive income (loss) before reclassifications | (84) |  |  | 20 |  |  | 25 |  |  | 1 |  |  | (38) |
Amounts reclassified to earnings and other | — |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Other comprehensive income (loss) | (84) |  |  | 20 |  |  | 25 |  |  | — |  |  | (39) |
Less: amounts attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other comprehensive income (loss) attributable to McKesson | (84) |  |  | 20 |  |  | 25 |  |  | — |  |  | (39) |
Balance, September 30, 2023 | $ | (864) |  |  | $ | (9) |  |  | $ | (4) |  |  | $ | (10) |  |  | $ | (887) |
(1)Primarily results from the conversion of non-U.S. dollar financial statements of the Company’s operations in Canada and Norway into the Company’s reporting currency, U.S. dollars. (2)Amounts recorded for the three months ended September 30, 2023 include gains of $27 million related to net investment hedges from cross-currency swaps, which are net of income tax expense of $7 million. (3)Amounts recorded for the three months ended September 30, 2023 include gains of $33 million related to cash flow and other hedges from cross-currency swaps, which are net of income tax expense of $8 million. Information regarding changes in accumulated other comprehensive loss, including noncontrolling interests, by components for the six months ended September 30, 2024 and 2023 was as follows:
| Foreign Currency Translation Adjustments |  |  |  |  |  |
(In millions) | Foreign Currency Translation Adjustments, Net of Tax (1) |  | Unrealized Losses on Net Investment Hedges, Net of Tax (2) |  | Unrealized Gains (Losses) on Cash Flow and Other Hedges, Net of Tax (3) |  | Unrealized Losses and Other Components of Benefit Plans, Net of Tax |  | Total Accumulated Other Comprehensive Loss
Balance, March 31, 2024 | $ | (856) |  |  | $ | (12) |  |  | $ | 3 |  |  | $ | (16) |  |  | $ | (881) |
Other comprehensive income (loss) before reclassifications | 13 |  |  | (10) |  |  | (9) |  |  | (2) |  |  | (8) |
Amounts reclassified to earnings and other | — |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Other comprehensive income (loss) | 13 |  |  | (10) |  |  | (9) |  |  | (3) |  |  | (9) |
Less: amounts attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other comprehensive income (loss) attributable to McKesson | 13 |  |  | (10) |  |  | (9) |  |  | (3) |  |  | (9) |
Balance, September 30, 2024 | $ | (843) |  |  | $ | (22) |  |  | $ | (6) |  |  | $ | (19) |  |  | $ | (890) |
(1)Primarily results from the conversion of non-U.S. dollar financial statements of the Company’s operations in Canada and Europe into the Company’s reporting currency, U.S. dollars. (2)Amounts recorded for the six months ended September 30, 2024 include losses of $13 million related to net investment hedges from cross-currency swaps, which are net of income tax benefit of $3 million. (3)Amounts recorded for the six months ended September 30, 2024 include losses of $14 million related to cash flow and other hedges from cross-currency swaps and gains of $2 million related to cash flow hedges from foreign currency forwards. These amounts are net of income tax benefit of $3 million.
| Foreign Currency Translation Adjustments |  |  |  |  |  |
(In millions) | Foreign Currency Translation Adjustments, Net of Tax (1) |  | Unrealized Gains (Losses) on Net Investment Hedges, Net of Tax (2) |  | Unrealized Gains (Losses) on Cash Flow and Other Hedges, Net of Tax (3) |  | Unrealized Losses and Other Components of Benefit Plans, Net of Tax |  | Total Accumulated Other Comprehensive Loss
Balance, March 31, 2023 | $ | (847) |  |  | $ | (14) |  |  | $ | (36) |  |  | $ | (8) |  |  | $ | (905) |
Other comprehensive income (loss) before reclassifications | (17) |  |  | 5 |  |  | 32 |  |  | (1) |  |  | 19 |
Amounts reclassified to earnings and other | — |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Other comprehensive income (loss) | (17) |  |  | 5 |  |  | 32 |  |  | (2) |  |  | 18 |
Less: amounts attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other comprehensive income (loss) attributable to McKesson | (17) |  |  | 5 |  |  | 32 |  |  | (2) |  |  | 18 |
Balance, September 30, 2023 | $ | (864) |  |  | $ | (9) |  |  | $ | (4) |  |  | $ | (10) |  |  | $ | (887) |
(1)Primarily results from the conversion of non-U.S. dollar financial statements of the Company’s operations in Canada and Norway into the Company’s reporting currency, U.S. dollars. (2)Amounts recorded for the six months ended September 30, 2023 include gains of $7 million related to net investment hedges from cross-currency swaps, which are net of income tax expense of $2 million. (3)Amounts recorded for the six months ended September 30, 2023 include gains of $27 million related to cash flow and other hedges from cross-currency swaps and gains of $16 million related to cash flow hedges from fixed interest rate swaps. These amounts are net of income tax expense of $11 million.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration