XML 49 R29.htm IDEA: XBRL DOCUMENT
v3.23.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2023
Income Tax Disclosure [Abstract] |
Schedule of Income Before Income Tax, Domestic and Foreign | The following table summarizes earnings/(loss) before income taxes:
(in millions) | 2023 |  | 2022 |  | 2021
U.S. operations | $ | 291 |  |  | $ | (1,000) |  |  | $ | (47) |
Non-U.S. operations | 347 |  |  | 231 |  |  | 370 |
Earnings/(loss) before income taxes | $ | 638 |  |  | $ | (769) |  |  | $ | 323 |
Schedule of Components of Income Tax Expense (Benefit), Current and Deferred | The following table summarizes the components of provision for/(benefit from) income taxes:
(in millions) | 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
Federal | $ | 254 |  |  | $ | 34 |  |  | $ | (989) |
State and local | 69 |  |  | 29 |  |  | 92 |
Non-U.S. | 84 |  |  | 93 |  |  | 112 |
Total current | $ | 407 |  |  | $ | 156 |  |  | $ | (785) |
Deferred: |  |  |  |  |
Federal | $ | (8) |  |  | $ | 30 |  |  | $ | 539 |
State and local | 13 |  |  | (22) |  |  | (28) |
Non-U.S. | (36) |  |  | (1) |  |  | (15) |
Total deferred | $ | (31) |  |  | $ | 7 |  |  | $ | 496 |
Provision for/(benefit from) income taxes | $ | 376 |  |  | $ | 163 |  |  | $ | (289) |
Schedule of Effective Income Tax Rate Reconciliation | The following table presents a reconciliation of the provision based on the federal statutory income tax rate to our effective income tax rate:
| 2023 |  | 2022 |  | 2021
Provision at Federal statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State and local income taxes, net of federal benefit | 6.6 |  |  | 2.2 |  |  | 3.2 |
Tax effect of foreign operations | (4.2) |  |  | 3.5 |  |  | 0.7 |
Nondeductible/nontaxable items | (1.1) |  |  | 1.2 |  |  | 1.6 |
Impact of Divestitures | — |  |  | (4.9) |  |  | 7.0 |
Withholding Taxes | 1.0 |  |  | (1.1) |  |  | 9.0 |
Change in Valuation Allowances | (5.3) |  |  | 3.5 |  |  | (1.4) |
US Taxes on International Income (2) | (0.7) |  |  | 3.2 |  |  | (6.7) |
Impact of Resolutions with IRS and other related matters | 5.8 |  |  | (0.6) |  |  | (13.6) |
Opioid litigation | 0.1 |  |  | (0.5) |  |  | 17.7 |
Goodwill Impairment | 36.9 |  |  | (49.5) |  |  | — |
Loss Carryback Claims | — |  |  | — |  |  | (129.9) |
Other | (1.2) |  |  | 0.8 |  |  | 1.7 |
Effective income tax rate | 58.9 | % |  | (21.2) | % |  | (89.7) | %
(1) This table reflects fiscal 2023 pretax income with tax expense, fiscal 2022 pretax loss with tax expense and fiscal 2021 pretax income with tax benefit. (2) Includes the tax impact of Global Intangible Low-Taxed Income ("GILTI") tax, the Foreign-Derived Intangible Income deduction and other foreign income that is taxable under the U.S. tax code.
Schedule of Deferred Tax Assets and Liabilities | The following table presents the components of the deferred income tax assets and liabilities at June 30:
(in millions) | 2023 |  | 2022
Deferred income tax assets: |  |  |
Receivable basis difference | $ | 44 |  |  | $ | 41 |
Accrued liabilities | 704 |  |  | 675 |
Share-based compensation | 29 |  |  | 34 |
Loss and tax credit carryforwards | 671 |  |  | 778 |
Deferred tax assets related to uncertain tax positions | 39 |  |  | 33 |
Other | 53 |  |  | 23 |
Total deferred income tax assets | 1,540 |  |  | 1,584 |
Valuation allowance for deferred income tax assets | (421) |  |  | (468) |
Net deferred income tax assets | $ | 1,119 |  |  | $ | 1,116 |
Deferred income tax liabilities: |  |  |
Inventory basis differences | $ | (1,229) |  |  | $ | (1,164) |
Property-related | (336) |  |  | (288) |
Goodwill and other intangibles | (624) |  |  | (683) |
Self-Insurance | (975) |  |  | (975) |
Total deferred income tax liabilities | $ | (3,164) |  |  | $ | (3,110) |
Net deferred income tax liability | $ | (2,045) |  |  | $ | (1,994) |
Schedule of Deferred Tax Assets and Liabilities after Netting by Tax Jurisdiction | Deferred income tax assets and liabilities in the preceding table, after netting by taxing jurisdiction and for uncertain tax positions, are in the following captions in the consolidated balance sheets at June 30:
(in millions) | 2023 |  | 2022
Noncurrent deferred income tax asset (1) | $ | 53 |  |  | $ | 36 |
Noncurrent deferred income tax liability (2) | (2,096) |  |  | (2,030) |
Noncurrent deferred income tax liability transferred to held for sale | (2) |  |  | — |
Net deferred income tax liability | $ | (2,045) |  |  | $ | (1,994) |
(1)Included in other assets in the consolidated balance sheets. (2)Included in deferred income taxes and other liabilities in the consolidated balance sheets.
Schedule of Unrecognized Tax Benefits Roll Forward | The following table presents a reconciliation of the beginning and ending amounts of unrecognized tax benefits:
(in millions) | 2023 |  | 2022 |  | 2021
Balance at beginning of fiscal year | $ | 943 |  |  | $ | 932 |  |  | $ | 998 |
Additions for tax positions of the current year | 25 |  |  | 7 |  |  | 121 |
Additions for tax positions of prior years | 133 |  |  | 39 |  |  | 223 |
Reductions for tax positions of prior years | (16) |  |  | (19) |  |  | (138) |
Settlements with tax authorities | (73) |  |  | (12) |  |  | (271) |
Expiration of the statute of limitations | (2) |  |  | (4) |  |  | (1) |
Balance at end of fiscal year | $ | 1,010 |  |  | $ | 943 |  |  | $ | 932 |

X
- Definition Schedule Of Deferred Tax Assets And Liabilities After Netting By Tax Jurisdiction [Table Text Block] + References No definition available. + Details
Name: | cah_ScheduleOfDeferredTaxAssetsAndLiabilitiesAfterNettingByTaxJurisdictionTableTextBlock
Namespace Prefix: | cah_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration