McKesson 2015 Annual Report Download - page 37

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McKESSON CORPORATION
Item 6. Selected Financial Data.
FIVE-YEAR HIGHLIGHTS
As of and for the Years Ended March 31,
(In millions, except per share data and ratios) 2015 2014 2013 2012 2011
Operating Results
Revenues $179,045 $137,392 $122,196 $122,453 $111,804
Percent change 30.3% 12.4% (0.2)% 9.5% 3.1%
Gross profit $ 11,411 $ 8,352 $ 6,881 $ 6,435 $ 5,828
Income from continuing operations before income taxes 2,657 2,171 1,950 1,915 1,600
Income (loss) after income taxes
Continuing operations 1,842 1,414 1,363 1,394 1,097
Discontinued operations (299) (156) (25) 9 105
Net income 1,543 1,258 1,338 1,403 1,202
Net loss (income) attributable to noncontrolling
interests (1) (67) 5 — — —
Net income attributable to McKesson Corporation 1,476 1,263 1,338 1,403 1,202
Financial Position
Working capital $ 3,173 $ 3,221 $ 1,813 $ 1,917 $ 3,631
Days sales outstanding for: (2)
Customer receivables 26 29 26 24 25
Inventories 31 33 33 31 31
Drafts and accounts payable 54 54 51 49 47
Total assets $ 53,870 $ 51,759 $ 34,786 $ 33,093 $ 30,886
Total debt, including capital lease obligations 9,844 10,594 4,873 3,980 4,004
Total McKesson stockholders’ equity (3) 8,001 8,522 7,070 6,831 7,220
Property acquisitions 376 278 241 221 233
Acquisitions, net of cash and cash equivalents acquired 170 4,634 1,873 1,051 292
Common Share Information
Common shares outstanding at year-end 232 231 227 235 252
Shares on which earnings per common share were based
Diluted 235 233 239 251 263
Basic 232 229 235 246 258
Diluted earnings (loss) per common share attributable to
McKesson Corporation (4)
Continuing operations $ 7.54 $ 6.08 $ 5.69 $ 5.56 $ 4.17
Discontinued operations (1.27) (0.67) (0.10) 0.04 0.40
Total 6.27 5.41 5.59 5.60 4.57
Cash dividends declared 226 214 192 202 188
Cash dividends declared per common share 0.96 0.92 0.80 0.80 0.72
Book value per common share (4) (5) 34.49 36.89 31.15 29.07 28.65
Market value per common share—year-end 226.20 176.57 107.96 87.77 79.05
Supplemental Data
Capital employed (6) $ 17,845 $ 19,116 $ 11,943 $ 10,811 $ 11,224
Debt to capital ratio (7) 55.2% 55.4% 40.8% 36.8% 35.7%
Net debt to net capital employed (8) 36.0% 42.9% 25.5% 10.8% 5.1%
Average McKesson stockholders’ equity (9) $ 8,703 $ 7,803 $ 7,294 $ 7,108 $ 7,105
Return on McKesson stockholders’ equity (10) 17.0% 16.2% 18.3% 19.7% 16.9%
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