Current Assets Cash and cash equivalents Receivables, net Inventories, net Assets held for sale Prepaid expenses and other Total current assets Mckesson Corp. Historicle Balance Sheets As of March 31, 2022, March 31, 2021, March 31, 2020 Ss in Millions Property, plant, and equipment, net Operating lease right-of-use assets Goodwill Intangible assets, net Other non-current assets Total assets Current liabilities Drafts and accounts payable Current portion of long-term debt Current portion of operating lease liabilities Liabilities held for sale Other accrued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Long-term operating lease liabilities Long-term litigation liabilities Other non-current liabilities Total Non-Current Liabilities Redeemable noncontrolling interests McKesson Corporation stockholders' deficit Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding Common stock, $0.01 par value, 800 shares authorized, 275 and 273 shares issued at March 31, 2022 and 2021, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss Treasury shares, at cost, 130 and 115 shares at March 31, 2022 and 2021, respectively Total McKesson Corporation stockholders' deficit Noncontrolling interests Total equity (deficit) Total liabilities, redeemable noncontrolling interests, and equity 12 Months Ended Mar. 31, 2022 Mar. 31,2021 Mar. 31, 2020 $3.532 18,583 18,702 4,516 898 46,231 2,092 1,548 9,451 2,059 1,917 63,298 38,086 799 297 4,741 4,543 48,466 5,080 1,418 1,366 7,220 1,540 16,624 0 0 2 7,275 9,030 (1,534) (17,045) (2,272) 480 (1,792) $63,298 $ 6,278 19,181 19,246 12 665 45,382 2,581 2,100 9,493 2,878 2,581 65,015 38,975 742 390 9 3,987 44,103 6,406 1,411 1,867 8,067 1,715 19,466 1,271 0 2 6,925 8,202 (1,480) (13,670) (21) 196 175 $ 65,015 $ 4,015 19,950 16,734 906 617 42,222 2,365 1,886 9,360 3,156 2,258 19,025 37,195 1,052 354 683 3,340 42,624 6,335 2,255 1,660 0 1,662 11,912 1,402 0 2 6,663 13,022 (1,703) (12,892) 5,092 217 5,309 $ 61,247

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 12P
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using the photos, calculate the return on stockholders equity, long-term equity ratio, and inventory turnover ratio

Current Assets
Cash and cash equivalents
Receivables, net
Inventories, net
Assets held for sale
Prepaid expenses and other
Total current assets
Mckesson Corp.
Historicle Balance Sheets
As of March 31, 2022, March 31, 2021, March 31, 2020
$s in Millions
Property, plant, and equipment, net
Operating lease right-of-use assets
Goodwill
Intangible assets, net
Other non-current assets
Total assets
Current liabilities
Drafts and accounts payable
Current portion of long-term debt
Current portion of operating lease liabilities
Liabilities held for sale
Other accrued liabilities
Total current liabilities
Long-term debt
Long-term deferred tax liabilities
Long-term operating lease liabilities
Long-term litigation liabilities
Other non-current liabilities
Total Non-Current Liabilities
Redeemable noncontrolling interests
McKesson Corporation stockholders' deficit
Preferred stock, $0.01 par value, 100 shares authorized, no shares
issued or outstanding
Common stock, $0.01 par value, 800 shares authorized, 275 and 273
shares issued at March 31, 2022 and 2021, respectively
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury shares, at cost, 130 and 115 shares at March 31, 2022 and
2021, respectively
Total McKesson Corporation stockholders' deficit
Noncontrolling interests
Total equity (deficit)
Total liabilities, redeemable noncontrolling interests, and equity
Fields Using Formulas
12 Months Ended
Mar. 31, 2022 Mar. 31,2021 Mar. 31, 2020
$3,532
18,583
18,702
4,516
898
46,231
2,092
1,548
9,451
2,059
1,917
63,298
38,086
799
297
4,741
4,543
48,466
5,080
1,418
1,366
7,220
1,540
16,624
0
0
2
7,275
9.030
(1,534)
(17,045)
(2,272)
480
(1,792)
$ 63,298
$ 6,278
19,181
19,246
12
665
45,382
2,581
2,100
9,493
2,878
2,581
65,015
38,975
742
390
9
3.987
44,103
6,406
1,411
1,867
8,067
1,715
19,466
1,271
0
2
6,925
8,202
(1,480)
(13,670)
(21)
196
175
$ 65,015
$ 4.015
19,950
16,734
906
617
42,222
2,365
1,886
9,360
3,156
2.258
19,025
37,195
1,052
354
683
3,340
42,624
6,335
2,255
1,660
0
1,662
11.912
1,402
0
2
6,663
13,022
(1,703)
(12,892)
5,092
217
5,309
$ 61,247
Transcribed Image Text:Current Assets Cash and cash equivalents Receivables, net Inventories, net Assets held for sale Prepaid expenses and other Total current assets Mckesson Corp. Historicle Balance Sheets As of March 31, 2022, March 31, 2021, March 31, 2020 $s in Millions Property, plant, and equipment, net Operating lease right-of-use assets Goodwill Intangible assets, net Other non-current assets Total assets Current liabilities Drafts and accounts payable Current portion of long-term debt Current portion of operating lease liabilities Liabilities held for sale Other accrued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Long-term operating lease liabilities Long-term litigation liabilities Other non-current liabilities Total Non-Current Liabilities Redeemable noncontrolling interests McKesson Corporation stockholders' deficit Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding Common stock, $0.01 par value, 800 shares authorized, 275 and 273 shares issued at March 31, 2022 and 2021, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss Treasury shares, at cost, 130 and 115 shares at March 31, 2022 and 2021, respectively Total McKesson Corporation stockholders' deficit Noncontrolling interests Total equity (deficit) Total liabilities, redeemable noncontrolling interests, and equity Fields Using Formulas 12 Months Ended Mar. 31, 2022 Mar. 31,2021 Mar. 31, 2020 $3,532 18,583 18,702 4,516 898 46,231 2,092 1,548 9,451 2,059 1,917 63,298 38,086 799 297 4,741 4,543 48,466 5,080 1,418 1,366 7,220 1,540 16,624 0 0 2 7,275 9.030 (1,534) (17,045) (2,272) 480 (1,792) $ 63,298 $ 6,278 19,181 19,246 12 665 45,382 2,581 2,100 9,493 2,878 2,581 65,015 38,975 742 390 9 3.987 44,103 6,406 1,411 1,867 8,067 1,715 19,466 1,271 0 2 6,925 8,202 (1,480) (13,670) (21) 196 175 $ 65,015 $ 4.015 19,950 16,734 906 617 42,222 2,365 1,886 9,360 3,156 2.258 19,025 37,195 1,052 354 683 3,340 42,624 6,335 2,255 1,660 0 1,662 11.912 1,402 0 2 6,663 13,022 (1,703) (12,892) 5,092 217 5,309 $ 61,247
Income Statement
Saved to this PC
Mckesson Corp.
Historical Income statements
As of March 31, 2022, March 31, 2021, March 31, 2020
$s in Millions
JUST UT SATU
Gross profit
Selling, distribution, general, and administrative expenses
Claims and litigation charges, net
Goodwill impairment charges
Restructuring, impairment, and related charges, net
Total operating expenses
Operating income (loss)
Other income, net
Equity earnings and charges from investment in Change Healthcare
Joint Venture
Loss on debt extinguishment
Interest expense
Income (loss) from continuing operations before income taxes
Income tax benefit (expense)
Income (loss) from continuing operations
Loss from discontinued operations, net of tax
Net income (loss)
Net income attributable to noncontrolling interests
Net income (loss) attributable to McKesson Corporation
Fields Using Formulas
12 Months Ended
Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2020
$263,966
250,836
13,130
-10,537
-274
0
-281
-11,092
2.038
259
$0
(191)
(178)
1,928
(636)
1,292
(5)
1,287
(173)
$1,114
$238.228
226,080
12,148
-8,849
-7936
-69
-334
-17,188
-5,040
223
0
0
(217)
(5,034)
695
(4,339)
(1)
(4,340)
(199)
$ (4,539)
$231,051
219,028
12,023
-9182
-82
-2
-268
-9,534
2,489
12
-1,108
0
(249)
1,144
(18)
1,126
(6)
1,120
(220)
$ 900
Transcribed Image Text:Income Statement Saved to this PC Mckesson Corp. Historical Income statements As of March 31, 2022, March 31, 2021, March 31, 2020 $s in Millions JUST UT SATU Gross profit Selling, distribution, general, and administrative expenses Claims and litigation charges, net Goodwill impairment charges Restructuring, impairment, and related charges, net Total operating expenses Operating income (loss) Other income, net Equity earnings and charges from investment in Change Healthcare Joint Venture Loss on debt extinguishment Interest expense Income (loss) from continuing operations before income taxes Income tax benefit (expense) Income (loss) from continuing operations Loss from discontinued operations, net of tax Net income (loss) Net income attributable to noncontrolling interests Net income (loss) attributable to McKesson Corporation Fields Using Formulas 12 Months Ended Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2020 $263,966 250,836 13,130 -10,537 -274 0 -281 -11,092 2.038 259 $0 (191) (178) 1,928 (636) 1,292 (5) 1,287 (173) $1,114 $238.228 226,080 12,148 -8,849 -7936 -69 -334 -17,188 -5,040 223 0 0 (217) (5,034) 695 (4,339) (1) (4,340) (199) $ (4,539) $231,051 219,028 12,023 -9182 -82 -2 -268 -9,534 2,489 12 -1,108 0 (249) 1,144 (18) 1,126 (6) 1,120 (220) $ 900
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