McKesson 2006 Annual Report Download - page 73

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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
The allowances are for uncollectible accounts, discounts, returns, refunds, customer settlements and other adjustments.
Changes in the carrying amount of goodwill were as follows:
Information regarding intangible assets is as follows:
68
8. Receivables, net
March 31,
(In millions) 2006 2005
Customer accounts $5,822 $5,271
Other 716 610
Total 6,538 5,881
Allowances (168) (160)
Net $6,370 $5,721
9. Pro
p
ert
y
, Plant and E
q
ui
p
ment, net
March 31,
(In millions) 2006 2005
Land $ 38 $35
Building, machinery and equipment 1,493 1,372
Total property, plant and equipment 1,531 1,407
Accumulated depreciation (860) (791)
Property, plant and equipment, net $ 671 $616
10. Goodwill and Intan
g
ible Assets, net
Pharmaceutical Medical-Surgical Provider
(In millions) Solutions Solutions Technologies Total
Balance, March 31, 2004 $285 $725 $383 $1,393
Goodwill acquired 24 19 4 47
Sale of business (10) —
—
(10)
Translation adjustments 1 — 8 9
Balance, March 31, 2005 300 744 395 1,439
Goodwill acquired 197 7 71 275
Translation adjustments
—
— 4 4
Balance, March 31, 2006 $497 $751 $470 $1,718
March 31,
(In millions) 2006 2005
Customer lists $ 151 $ 103
Technology 83 71
Trademarks and other 40 33
Gross intangibles 274 207
Accumulated amortization (146)(117)
Intangible assets, net $ 128 $ 90