XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.25.2

Segments of Business (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Information | Financial information relating to the Company’s reportable operating segments and reconciliations to the condensed consolidated totals was as follows:
| Three Months Ended June 30, |  |
(In millions) | 2025 |  | 2024 |  |  |  |
Segment revenues (1) |  |  |  |  |  |  |
U.S. Pharmaceutical | $ | 89,954 |  |  | $ | 71,715 |  |  |  |  |
Prescription Technology Solutions | 1,434 |  |  | 1,241 |  |  |  |  |
Medical-Surgical Solutions | 2,701 |  |  | 2,636 |  |  |  |  |
International | 3,738 |  |  | 3,691 |  |  |  |  |
Total revenues | $ | 97,827 |  |  | $ | 79,283 |  |  |  |  |
Other segment expense, net (2) |  |  |  |  |  |  |
U.S. Pharmaceutical (3) | $ | 89,227 |  |  | $ | 70,934 |  |  |  |  |
Prescription Technology Solutions | 1,181 |  |  | 1,038 |  |  |  |  |
Medical-Surgical Solutions | 2,480 |  |  | 2,448 |  |  |  |  |
International | 3,646 |  |  | 3,601 |  |  |  |  |
Total other segment expense, net | $ | 96,534 |  |  | $ | 78,021 |  |  |  |  |
Segment operating profit |  |  |  |  |  |  |
U.S. Pharmaceutical | $ | 727 |  |  | $ | 781 |  |  |  |  |
Prescription Technology Solutions | 253 |  |  | 203 |  |  |  |  |
Medical-Surgical Solutions | 221 |  |  | 188 |  |  |  |  |
International | 92 |  |  | 90 |  |  |  |  |
Subtotal | 1,293 |  |  | 1,262 |  |  |  |  |
Corporate expenses, net (4) | (193) |  |  | (103) |  |  |  |  |
Interest expense | (49) |  |  | (75) |  |  |  |  |
Income before income taxes | $ | 1,051 |  |  | $ | 1,084 |  |  |  |  |
Segment depreciation and amortization (5) |  |  |  |  |  |  |
U.S. Pharmaceutical | $ | 63 |  |  | $ | 60 |  |  |  |  |
Prescription Technology Solutions | 21 |  |  | 21 |  |  |  |  |
Medical-Surgical Solutions | 22 |  |  | 23 |  |  |  |  |
International | 14 |  |  | 30 |  |  |  |  |
Corporate | 37 |  |  | 35 |  |  |  |  |
Total segment depreciation and amortization | $ | 157 |  |  | $ | 169 |  |  |  |  |
Segment expenditures for long-lived assets (6) |  |  |  |  |  |  |
U.S. Pharmaceutical | $ | 73 |  |  | $ | 28 |  |  |  |  |
Prescription Technology Solutions | 1 |  |  | 4 |  |  |  |  |
Medical-Surgical Solutions | 25 |  |  | 51 |  |  |  |  |
International | 13 |  |  | 25 |  |  |  |  |
Corporate | 77 |  |  | 59 |  |  |  |  |
Total segment expenditures for long-lived assets | $ | 189 |  |  | $ | 167 |  |  |  |  |
(1)Revenues from services on a disaggregated basis represent approximately 1% of the U.S. Pharmaceutical segment’s total revenues, approximately 38% of the RxTS segment’s total revenues, less than 1% of the Medical-Surgical Solutions segment’s total revenues, and less than 1% of the International segment’s total revenues. The International segment reflects foreign revenues. Revenues for the remaining three reportable segments are derived in the U.S. (2)Other segment expense, net includes cost of sales, total operating expenses, as well as other income, net, for the Company’s reportable segments. (3)The Company’s U.S. Pharmaceutical other segment expense, net includes the following: •a provision for bad debts of $189 million for the three months ended June 30, 2025 related to the bankruptcy of the Company’s customer Rite Aid Corporation (including certain of its subsidiaries, “Rite Aid”). This charge was recorded within “Selling, distribution, general, and administrative expenses” in the Company’s Condensed Consolidated Statements of Operations; •cash receipts for the Company’s share of antitrust legal settlements of $8 million and $90 million for the three months ended June 30, 2025 and 2024, respectively. These gains were recorded within “Cost of sales” in the Company’s Condensed Consolidated Statements of Operations; •a credit of $7 million and $2 million related to the last-in, first-out method of accounting for inventories for the three months ended June 30, 2025 and 2024, respectively. These amounts were recorded within “Cost of sales” in the Company’s Condensed Consolidated Statements of Operations; •a charge of $57 million for the three months ended June 30, 2024 related to the estimated liability for opioid-related claims, as discussed in Financial Note 11, “Commitments and Contingent Liabilities,” and •a loss of $43 million for the three months ended June 30, 2024 related to one of the Company’s equity method investments, which was recorded within “Other income, net” in the Company’s Condensed Consolidated Statement of Operations. (4)Corporate expenses, net includes the following: •a net gain of $110 million for the three months ended June 30, 2024 related to the Company’s investments in equity securities of certain U.S. growth stage companies in the healthcare industry, as discussed in Financial Note 10, “Fair Value Measurements;” •a net charge of $55 million for the three months ended June 30, 2024 related to the estimated liability for opioid-related claims, as discussed in Financial Note 11, “Commitments and Contingent Liabilities;” and •restructuring charges of $29 million and $1 million for the three months ended June 30, 2025 and 2024, respectively, for restructuring initiatives as discussed in Financial Note 3, “Restructuring, Impairment, and Related Charges, Net.” (5)Amounts primarily consist of amortization of acquired intangible assets purchased in connection with business acquisitions and capitalized software for internal use as well as depreciation and amortization of property, plant, and equipment, net. (6)Long-lived assets consist of property, plant, and equipment, net and capitalized software.
Schedule of Long-lived Assets By Geographic Areas | Long-lived assets by geographic areas were as follows:
(In millions) | June 30, 2025 |  | March 31, 2025
Long-lived assets |  |  |
United States | $ | 2,952 |  |  | $ | 2,877 |
Foreign | 330 |  |  | 306 |
Total long-lived assets | $ | 3,282 |  |  | $ | 3,183 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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