Earnings (Loss) Per Common Share (Tables)

9 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of computations for basic and diluted earnings per common share

The computations for basic and diluted earnings (loss) per common share were as follows:

	Three Months Ended December 31,				Nine Months Ended December 31,
(In millions, except per share amounts)	2023		2022		2023		2022
Income from continuing operations	$	630	$	1,119	$	2,330	$	2,899
Net income attributable to noncontrolling interests	(41)		(41)		(119)		(123)
Income from continuing operations attributable to McKesson Corporation	589		1,078		2,211		2,776
Income (loss) from discontinued operations, net of tax	—		1		—		(3)
Net income attributable to McKesson Corporation	$	589	$	1,079	$	2,211	$	2,773
Weighted-average common shares outstanding:
Basic	132.5		139.9		134.0		142.5
Effect of dilutive securities:
Stock options	0.1		0.2		0.2		0.3
Restricted stock units (1)	0.7		0.9		0.7		0.9
Diluted	133.3		141.0		134.9		143.7
Earnings (loss) per common share attributable to McKesson Corporation: (2)
Diluted
Continuing operations	$	4.42	$	7.65	$	16.39	$	19.32
Discontinued operations	—		0.01		—		(0.02)
Total	$	4.42	$	7.66	$	16.39	$	19.30
Basic
Continuing operations	$	4.45	$	7.70	$	16.49	$	19.48
Discontinued operations	—		0.01		—		(0.02)
Total	$	4.45	$	7.71	$	16.49	$	19.46

(1)Includes dilutive effect from restricted stock units and performance-based restricted stock units.

(2)Certain computations may reflect rounding adjustments.