McKesson 2014 Annual Report Download - page 112
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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
109
Financial information relating to our reportable operating segments and reconciliations to the consolidated totals is as follows:
Years Ended March 31,
(In millions) 2014 2013 2012
Revenues
Distribution Solutions (1)
North America pharmaceutical distribution and services $ 123,930 $ 115,443 $ 116,279
International pharmaceutical distribution and services 4,848 — —
Medical-Surgical distribution & services 5,648 3,603 3,145
Total Distribution Solutions 134,426 119,046 119,424
Technology Solutions - products and services 3,183 3,023 2,897
Total Revenues $ 137,609 $ 122,069 $ 122,321
Operating profit
Distribution Solutions $ 2,461 $ 2,195 $ 2,219
Technology Solutions 387 308 338
Total 2,848 2,503 2,557
Corporate Expenses, Net (449)(335)(413)
Interest expense (303)(240)(251)
Income From Continuing Operations Before Income Taxes $ 2,096 $ 1,928 $ 1,893
Depreciation and amortization (2)
Distribution Solutions $ 448 $ 265 $ 224
Technology Solutions 136 145 152
Corporate 120 120 117
Total $ 704 $ 530 $ 493
Expenditures for long-lived assets (3)
Distribution Solutions $ 180 $ 163 $ 175
Technology Solutions 42 28 18
Corporate 52 41 28
Total $ 274 $ 232 $ 221
Revenues, net by geographic area (4)
United States $ 122,426 $ 112,109 $ 112,051
Foreign 15,183 9,960 10,270
Total $ 137,609 $ 122,069 $ 122,321
(1) Revenues derived from services represent less than 2% of this segment’s total revenues.
(2) Amounts primarily include amortization of acquired intangible assets purchased in connection with acquisitions, capitalized software held for sale and
capitalized software for internal use.
(3) Long-lived assets consist of property, plant and equipment.
(4) Net revenues were attributed to geographic areas based on the customers’ shipment locations.