McKesson 2006 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2006 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 115

  • 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

McKESSON CORPORATION
CONSOLIDATED BALANCE SHEETS
(In millions, except per share amounts)
See Financial Notes
55
March 31,}
2006 2005
ASSETS
Current Assets
Cash and cash equivalents $ 2,142 $1,800
Restricted cash 962 —
Receivables, net 6,370 5,721
Inventories 7,260 7,495
Prepaid expenses and other 185 346
Total 16,919 15,362
Property, Plant and Equipment, Ne
t
671 616
Capitalized Software Held for Sale 139 130
Notes Receivable 83 163
Goodwill 1,718 1,439
Intangible Assets, Net 128 90
Other Assets 1,317 975
Total Assets $ 20,975 $18,775
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Drafts and accounts payable $ 10,055 $ 8,733
Deferred revenue 827 593
Current portion of long-term debt 26 9
Securities Litigation 1,014 1,214
Other 1,593 1,243
Total 13,515 11,792
Postretirement Obligations and Other Noncurrent Liabilities 588 506
Long-Term Debt 965 1,202
Other Commitments and Contingent Liabilities (Note 18)
Stockholders’ Equity
Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding —
—
Common stock, $0.01 par value Shares authorized: 2006 and 2005 – 800 Shares issued: 2006 – 330,
2005 – 306 3 3
Additional paid-in capital 3,238 2,320
Other capital (75)(42)
Retained earnings 3,871 3,194
Accumulated other comprehensive income 55 32
ESOP notes and guarantees (25) (36)
Treasury shares, at cost, 2006 – 26 and 2005
–
7 (1,160)(196)
Total Stockholders’ Equity 5,907 5,275
Total Liabilities and Stockholders’ Equity $ 20,975 $ 18,775