McKesson 2008 Annual Report Download - page 68

Download and view the complete annual report

Please find page 68 of the 2008 McKesson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 119

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119

McKESSON CORPORATION
See Financial Notes
61
CONSOLIDATED BALANCE SHEETS
(In millions, except per share amounts)
March 31,
2008 2007
ASSETS
Current Assets
Cash and cash equivalents $ 1,362 $ 1,954
Restricted cash for Consolidated Securities Litigation
Action -962
Receivables, net 7,213 6,566
Inventories, net 9,000 8,153
Prepaid expenses and other 211 221
Total 17,786 17,856
Property, Plant and Equipment, Net 775 684
Capitalized Software Held for Sale 199 166
Goodwill 3,345 2,975
Intangible Assets, Net 661 613
Other Assets 1,837 1,649
Total Assets $ 24,603 $ 23,943
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Drafts and accounts payable $ 12,032 $ 10,873
Deferred revenue 1,210 1,027
Current portion of long-term debt 2 155
Consolidated Securities Litigation Action - 962
Other accrued 2,104 2,109
Total 15,348 15,126
Other Noncurrent Liabilities 1,339 741
Long-Term Debt 1,795 1,803
Other Commitments and Contingent Liabilities (Note 17)
Stockholders’ Equity
Preferred stock, $0.01 par value, 100 shares
authorized, no shares issued or outstanding --
Common stock, $0.01 par value
Shares authorized: 2008 and 2007 – 800
Shares issued: 2008 – 351, 2007 – 341 4 3
Additional Paid-in Capital 4,252 3,722
Other Capital (10) (19)
Retained Earnings 5,586 4,712
Accumulated Other Comprehensive Income 152 31
ESOP Notes and Guarantees (3) (14)
Treasury Shares, at Cost, 2008 – 74 and 2007 – 46 (3,860) (2,162)
Total Stockholders’ Equity 6,121 6,273
Total Liabilities and Stockholders’ Equity $ 24,603 $ 23,943