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Other Income, Net
12 Months Ended
Mar. 31, 2012
Other Income, Net [Abstract]  
Other Income, Net

5. Other Income, Net

Years Ended March 31,
(In millions)   2012     2011     2010
Interest income $ 19   $ 18   $ 16
Equity in earnings (loss), net (1)   9     (6 )   6
Reimbursement of post-acquisition interest expense   0     16     0
Gain on sale of investment (1)   0     0     17
Impairment of an investment   (6 )   0     0
Other, net   (1 )   8     4
Total $ 21   $ 36   $ 43

 

(1) Recorded within our Distribution Solutions segment.

     In 2011, other income, net included a credit of $16 million representing the reimbursement of post-acquisition interest expense by the former shareholders of US Oncology, which is recorded in Corporate.

     In 2010, we sold our 50% equity interest in McKesson Logistics Solutions LLC, a Canadian logistics company, for a pre-tax gain of $17 million or $14 million after-tax.

     We evaluate our investments for impairment when events or changes in circumstances indicate that the carrying values of such investments may have experienced an other-than-temporary decline in value.