McKesson 2016 Annual Report Download - page 40

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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) 2016 2015 2014 2013 2012
Operating Results
Revenues $190,884 $179,045 $137,392 $122,196 $122,453
Percent change 6.6% 30.3% 12.4% (0.2)% 9.5%
Gross profit $ 11,416 $ 11,411 $ 8,352 $ 6,881 $ 6,435
Income from continuing operations before income taxes 3,250 2,657 2,171 1,950 1,915
Income (loss) after income taxes
Continuing operations 2,342 1,842 1,414 1,363 1,394
Discontinued operations (32) (299) (156) (25) 9
Net income 2,310 1,543 1,258 1,338 1,403
Net (income) loss attributable to noncontrolling
interests (1) (52) (67) 5 — —
Net income attributable to McKesson Corporation 2,258 1,476 1,263 1,338 1,403
Financial Position
Working capital $ 3,366 $ 3,173 $ 3,221 $ 1,813 $ 1,917
Days sales outstanding for: (2)
Customer receivables 28 26 29 26 24
Inventories 32 31 33 33 31
Drafts and accounts payable 59 54 54 51 49
Total assets $ 56,563 $ 53,870 $ 51,759 $ 34,786 $ 33,093
Total debt, including capital lease obligations 8,154 9,844 10,594 4,873 3,980
Total McKesson stockholders’ equity (3) 8,924 8,001 8,522 7,070 6,831
Payments for property, plant and equipment 488 376 278 241 221
Acquisitions, net of cash and cash equivalents acquired 40 170 4,634 1,873 1,051
Common Share Information
Common shares outstanding at year-end 225 232 231 227 235
Shares on which earnings per common share were based
Diluted 233 235 233 239 251
Basic 230 232 229 235 246
Diluted earnings (loss) per common share attributable to
McKesson Corporation (4)
Continuing operations $ 9.84 $ 7.54 $ 6.08 $ 5.69 $ 5.56
Discontinued operations (0.14) (1.27) (0.67) (0.10) 0.04
Total 9.70 6.27 5.41 5.59 5.60
Cash dividends declared 249 226 214 192 202
Cash dividends declared per common share 1.08 0.96 0.92 0.80 0.80
Book value per common share (4) (5) 39.66 34.49 36.89 31.15 29.07
Market value per common share—year-end 157.25 226.20 176.57 107.96 87.77
Supplemental Data
Debt to capital ratio (6) 43.7% 50.3% 55.4% 40.6% 36.8%
Average McKesson stockholders’ equity (7) $ 8,688 $ 8,703 $ 7,803 $ 7,294 $ 7,108
Return on McKesson stockholders’ equity (8) 26.0% 17.0% 16.2% 18.3% 19.7%
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