McKesson 2016 Annual Report Download - page 50

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McKESSON CORPORATION
FINANCIAL REVIEW (Continued)
Amortization Expenses of Acquired Intangible Assets
Amortization expenses of acquired intangible assets in connection with acquisitions recorded in operating
expenses were $423 million, $483 million and $308 million in 2016, 2015 and 2014. Amortization expenses
decreased in 2016 primarily due to foreign currency effects and intangible assets that were fully amortized.
Amortization expenses increased in 2015 primarily due to our Celesio acquisition.
Amortization expense by segment was as follows:
Years Ended March 31,
(Dollars in millions) 2016 2015 2014
Distribution Solutions $389 $442 $255
Technology Solutions 34 40 52
Corporate —11
Total $423 $483 $308
Other Income, Net:
Years Ended March 31, Change
(Dollars in millions) 2016 2015 2014 2016 2015
Distribution Solutions $41 $48 $28 (15)% 71%
Technology Solutions 2 3 2 (33) 50
Corporate 15 12 2 25 500
Total $58 $63 $32 (8)% 97%
Other income, net in 2016 approximated the prior year and increased in 2015 primarily due to our
acquisition of Celesio which included higher equity investment income. Additionally, 2014 other income, net
included a loss on a foreign exchange option relating to our acquisition of Celesio.
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