# McKESSON CORPORATION (MCK) FY2025 Annual Statement of Cash Flows

- Company: McKESSON CORPORATION (MCK)
- Period: 2024-04-01 to 2025-03-31
- Filing: FY2025 10-K, filed 2025-05-09, accession number 0000927653-25-000036
- Page: https://plicit.ai/financials/mck/fy2025-annual-cash-flow
- Chart image: https://plicit.ai/charts/mck-fy2025-annual-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2024 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2024**: 4,585,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 6,085,000,000 US dollars. Net cash provided.
- **Loss (gain) from sales of businesses and investments**: 485,000,000 US dollars
- **Deferred taxes**: negative 110,000,000 US dollars
- **Other non-cash items**: 424,000,000 US dollars
- **Long-lived asset impairment charges**: 98,000,000 US dollars
- **Receivables**: negative 3,935,000,000 US dollars
- **Drafts and accounts payable**: 8,301,000,000 US dollars
- **Other**: negative 281,000,000 US dollars
- **Depreciation**: 242,000,000 US dollars
- **Inventories**: negative 2,270,000,000 US dollars
- **Litigation liabilities**: negative 401,000,000 US dollars
- **Charges (credits) associated with last-in, first-out inventory method**: 82,000,000 US dollars
- **Amortization**: 394,000,000 US dollars
- **Net income**: 3,481,000,000 US dollars
- **Non-cash operating lease expense**: 245,000,000 US dollars
- **Taxes**: negative 136,000,000 US dollars
- **Operating lease liabilities**: negative 404,000,000 US dollars
- **Provision for bad debts**: negative 130,000,000 US dollars
- **Investing activities**: negative 733,000,000 US dollars. Net cash used.
- **Capitalized software expenditures**: negative 322,000,000 US dollars
- **Proceeds from sales of businesses and investments, net**: 179,000,000 US dollars
- **Payments for property, plant, and equipment**: negative 537,000,000 US dollars
- **Other**: negative 29,000,000 US dollars
- **Acquisitions, net of cash, cash equivalents, and restricted cash acquired**: negative 24,000,000 US dollars
- **Financing activities**: negative 3,965,000,000 US dollars. Net cash used.
- **Repayments of short-term borrowings**: negative 15,086,000,000 US dollars
- **Share repurchases**: negative 3,146,000,000 US dollars
- **Issuances**: 101,000,000 US dollars
- **Repayments of long-term debt**: negative 519,000,000 US dollars
- **Proceeds from issuances of long-term debt**: 498,000,000 US dollars
- **Dividends paid**: negative 345,000,000 US dollars
- **Other**: negative 554,000,000 US dollars
- **Proceeds from short-term borrowings**: 15,086,000,000 US dollars
- **Purchase of U.S. government obligations for the satisfaction and discharge of long-term debt**: 0 US dollars
- **Operating adjustment reconciliation**: 10,271,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 19,650,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 912,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 16,000,000 US dollars
- **Ending cash on Mar 31, 2025**: 5,956,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 10,670,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,371,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.75×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 6,085,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 537,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 5,548,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.60B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 6,085,000,000 US dollars minus 537,000,000 US dollars equals 5,548,000,000 US dollars.