McKesson 2016 Annual Report Download - page 132
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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
Segment assets and property, plant and equipment, net by geographic areas were as follows:
March 31,
(In millions) 2016 2015
Segment assets
Distribution Solutions $47,088 $43,982
Technology Solutions 3,072 3,281
Total 50,160 47,263
Corporate
Cash and cash equivalents 4,048 5,341
Other 2,355 1,266
Total $56,563 $53,870
Property, plant and equipment, net
United States $ 1,500 $ 1,273
Foreign 778 772
Total $ 2,278 $ 2,045
28. Quarterly Financial Information (Unaudited)
The quarterly results of operations are not necessarily indicative of the results that may be expected for the
entire year. Selected quarterly financial information for the last two years is as follows:
(In millions, except per share amounts)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Fiscal 2016
Revenues $47,546 $48,761 $47,899 $46,678
Gross profit (1) (2) (3) 2,848 2,844 2,872 2,852
Income after income taxes:
Continuing operations (1) (3) (4) $ 599 $ 636 $ 642 $ 465
Discontinued operations (10) (6) 5 (21)
Net income $ 589 $ 630 $ 647 $ 444
Net income attributable to McKesson $ 576 $ 617 $ 634 $ 431
Earnings (loss) per common share attributable to McKesson (5)
Diluted
Continuing operations $ 2.50 $ 2.65 $ 2.71 $ 1.97
Discontinued operations (0.05) (0.02) 0.02 (0.09)
Total $ 2.45 $ 2.63 $ 2.73 $ 1.88
Basic
Continuing operations $ 2.53 $ 2.68 $ 2.74 $ 1.99
Discontinued operations (0.04) (0.02) 0.02 (0.09)
Total $ 2.49 $ 2.66 $ 2.76 $ 1.90
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