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Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jun. 30, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of Selected Quarterly Financial Data

The following is selected quarterly financial data for fiscal 2016 and 2015. The sum of the quarters may not equal year-to-date due to rounding.

(in millions, except per common share amounts)	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
Fiscal 2016
Revenue	$	28,055			$	31,445			$	30,662			$	31,384
Gross margin (1)	1,579				1,609				1,689				1,665
Distribution, selling, general and administrative expenses	842				922				914				970
Earnings from continuing operations	384				326				386				335
Earnings from discontinued operations, net of tax	—				—				—				—
Net earnings	384				326				386				335
Less: Net earnings attributable to noncontrolling interests	(1		)		—				—				(2		)
Net earnings attributable to Cardinal Health, Inc.	383				326				386				333
Net earnings from continuing operations attributable to Cardinal Health, Inc. per common share:
Basic	$	1.17			$	0.99			$	1.18			$	1.03
Diluted	1.15				0.98				1.17				1.02

(1) Gross margin is impacted by LIFO benefit/(charges) of ($39) million, ($12) million and $51 million in the second, third and fourth quarter, respectively.

(in millions, except per common share amounts)	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
Fiscal 2015
Revenue	$	24,070			$	25,537			$	25,375			$	27,547
Gross margin	1,341				1,454				1,459				1,458
Distribution, selling, general and administrative expenses	775				815				803				847
Earnings from continuing operations	266				289				365				293
Earnings from discontinued operations, net of tax	—				—				—				2
Net earnings	266				289				365				295
Less: Net earnings attributable to noncontrolling interests	—				—				—				—
Net earnings attributable to Cardinal Health, Inc.	266				289				365				295
Net earnings from continuing operations attributable to Cardinal Health, Inc. per common share:
Basic	$	0.79			$	0.87			$	1.10			$	0.89
Diluted	0.78				0.86				1.09				0.88

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- References

No definition available.

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- Definition

Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)-(j)
-URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306

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