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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Mar. 31, 2023
Current assets    
Cash and cash equivalents $ 1,982 $ 4,678
Receivables, net 23,066 19,410
Inventories, net 22,020 19,691
Prepaid expenses and other 572 513
Total current assets 47,640 44,292
Property, plant, and equipment, net 2,201 2,177
Operating lease right-of-use assets 1,679 1,635
Goodwill 9,973 9,947
Intangible assets, net 2,097 2,277
Other non-current assets 2,922 1,992
Total assets 66,512 62,320
Current liabilities    
Drafts and accounts payable 46,699 42,490
Short-term borrowings 218 0
Current portion of long-term debt 48 968
Current portion of operating lease liabilities 296 299
Other accrued liabilities 4,400 4,200
Total current liabilities 51,661 47,957
Long-term debt 5,625 4,626
Long-term deferred tax liabilities 978 1,387
Long-term operating lease liabilities 1,421 1,402
Long-term litigation liabilities 6,128 6,625
Other non-current liabilities 2,381 1,813
McKesson Corporation stockholders’ deficit    
Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 800 shares authorized, 278 and 277 shares issued at December 31, 2023 and March 31, 2023, respectively 3 3
Additional paid-in capital 7,962 7,747
Retained earnings 14,268 12,295
Accumulated other comprehensive loss (812) (905)
Treasury shares, at cost, 147 and 141 shares at December 31, 2023 and March 31, 2023, respectively (23,474) (20,997)
Total McKesson Corporation stockholders’ deficit (2,053) (1,857)
Noncontrolling interests 371 367
Total deficit (1,682) (1,490)
Total liabilities and deficit $ 66,512 $ 62,320