McKesson 2016 Annual Report Download - page 101
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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
The computations for basic and diluted earnings per common share are as follows:
Years Ended March 31,
(In millions, except per share amounts) 2016 2015 2014
Income from continuing operations $2,342 $1,842 $1,414
Net (income) loss attributable to noncontrolling interests (52) (67) 5
Income from continuing operations attributable to McKesson 2,290 1,775 1,419
Loss from discontinued operations, net of tax (32) (299) (156)
Net income attributable to McKesson $2,258 $1,476 $1,263
Weighted average common shares outstanding:
Basic 230 232 229
Effect of dilutive securities:
Options to purchase common stock 1 1 1
Restricted stock units 2 2 3
Diluted 233 235 233
Earnings (loss) per common share attributable to McKesson: (1)
Diluted
Continuing operations $ 9.84 $ 7.54 $ 6.08
Discontinued operations (0.14) (1.27) (0.67)
Total $ 9.70 $ 6.27 $ 5.41
Basic
Continuing operations $ 9.96 $ 7.66 $ 6.19
Discontinued operations (0.14) (1.29) (0.68)
Total $ 9.82 $ 6.37 $ 5.51
(1) Certain computations may reflect rounding adjustments.
Potentially dilutive securities include outstanding stock options, restricted stock units, and performance-
based and other restricted stock units. Approximately 2 million, 1 million and 2 million of potentially dilutive
securities were excluded from the computations of diluted net earnings per common share in 2016, 2015 and
2014, as they were anti-dilutive.
12. Receivables, Net
March 31,
(In millions) 2016 2015
Customer accounts $14,519 $13,117
Other 3,711 2,965
Total 18,230 16,082
Allowances (250) (168)
Net $17,980 $15,914
95