McKESSON CORPORATION (MCK) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-04-01 to 2024-06-30

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McKESSON CORPORATION cash flow reconciliation, Apr 1, 2024 through Jun 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from sales of businesses and investments, net → investing reconciliation: $90,000,000.00investing reconciliation → Payments for property, plant, and equipment: $106,000,000.00investing reconciliation → Capitalized software expenditures: $61,000,000.00investing reconciliation → Other: $10,000,000.00Proceeds from short-term borrowings → financing reconciliation: $1,361,000,000.00Issuances → financing reconciliation: $22,000,000.00financing reconciliation → Repayments of short-term borrowings: $1,361,000,000.00financing reconciliation → Share repurchases: $527,000,000.00financing reconciliation → Other: $222,000,000.00financing reconciliation → Dividends paid: $82,000,000.00Net cash used in operating activities → operating reconciliation: $1,380,000,000.00Net income → operating reconciliation: $960,000,000.00Drafts and accounts payable → operating reconciliation: $4,616,000,000.00Litigation liabilities → operating reconciliation: $114,000,000.00Amortization → operating reconciliation: $106,000,000.00Other non-cash items → operating reconciliation: $69,000,000.00Depreciation → operating reconciliation: $63,000,000.00Non-cash operating lease expense → operating reconciliation: $57,000,000.00Deferred taxes → operating reconciliation: $28,000,000.00Provision for bad debts → operating reconciliation: $15,000,000.00Long-lived asset impairment charges → operating reconciliation: $3,000,000.00operating reconciliation → Inventories: $4,442,000,000.00operating reconciliation → Receivables: $2,101,000,000.00operating reconciliation → Other: $473,000,000.00operating reconciliation → Taxes: $211,000,000.00operating reconciliation → Operating lease liabilities: $96,000,000.00operating reconciliation → Gain from sales of businesses and investments: $86,000,000.00operating reconciliation → Charges (credits) associated with last-in, first-out inventory method: $2,000,000.00Net cash used in financing activities → financing reconciliation: $809,000,000.00Net cash used in investing activities → investing reconciliation: $87,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $4,585,000,000.00Cash sources and uses → Exchange-rate effect: $5,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,304,000,000.00Cash sources and uses → Net cash used in investing activities: $87,000,000.00Cash sources and uses → Net cash used in financing activities: $809,000,000.00Cash sources and uses → Net cash used in operating activities: $1,380,000,000.00Inventories: -$4,442,000,000.00Inventories−$4.44 BOther non-cash items: $69,000,000.00Other non-cash items+$69.00 MGain from sales of businesses and investments: -$86,000,000.00Other asset gain & loss−$86.00 MAmortization: $106,000,000.00Amortization expense+$106.00 MNet income: $960,000,000.00Net income+$960.00 MTaxes: -$211,000,000.00Accrued taxes−$211.00 MDepreciation: $63,000,000.00Depreciation expense+$63.00 MCharges (credits) associated with last-in, first-out inventory method: -$2,000,000.00Inventory reserve provision−$2.00 MReceivables: -$2,101,000,000.00Receivables, net−$2.10 BOperating lease liabilities: -$96,000,000.00Operating lease liabilities−$96.00 MDrafts and accounts payable: $4,616,000,000.00Accounts payable+$4.62 BLong-lived asset impairment charges: $3,000,000.00Other asset impairments+$3.00 MNon-cash operating lease expense: $57,000,000.00Non-cash lease expense+$57.00 MOther: -$473,000,000.00Other working capital, net−$473.00 MDeferred taxes: $28,000,000.00Deferred tax balances+$28.00 MProvision for bad debts: $15,000,000.00Credit loss provision+$15.00 MLitigation liabilities: $114,000,000.00Litigation liabilities+$114.00 MNet cash used in operating activities: -$1,380,000,000.00. Cash required to fund net payments.Operating cash−$1.38 Boperating reconciliation: $7,411,000,000.00Issuances: $22,000,000.00Employee stock plans & options+$22.00 MProceeds from issuances of long-term debt: $0.00Share repurchases: -$527,000,000.00Common stock repurchases−$527.00 MProceeds from short-term borrowings: $1,361,000,000.00Short-term debt issued+$1.36 BDividends paid: -$82,000,000.00Common dividends paid−$82.00 MRepayments of long-term debt: $0.00Other: -$222,000,000.00Other financing, net−$222.00 MRepayments of short-term borrowings: -$1,361,000,000.00Short-term debt repaid−$1.36 BPurchase of U.S. government obligations for the satisfaction and discharge of long-term debt: $0.00Net cash used in financing activities: -$809,000,000.00. Cash required to fund net payments.Financing cash−$809.00 Mfinancing reconciliation: $2,192,000,000.00Payments for property, plant, and equipment: -$106,000,000.00PP&E purchases−$106.00 MCapitalized software expenditures: -$61,000,000.00Software purchases−$61.00 MProceeds from sales of businesses and investments, net: $90,000,000.00Business & affiliate sales+$90.00 MOther: -$10,000,000.00Other investing, net−$10.00 MNet cash used in investing activities: -$87,000,000.00. Cash required to fund net payments.Investing cash−$87.00 Minvesting reconciliation: $177,000,000.00Cash sources and uses: $4,585,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $4,585,000,000.00Beginning cash$4.59 BEnding cash: Cash, cash equivalents, and restricted cash: $2,304,000,000.00Ending cash$2.30 BExchange-rate effect: -$5,000,000.00FX effect−$5.00 MCASH RECONCILIATIONInvestingflowsFinancingflowsOperatingflowsFree cash flow−$1.49 BOperating cash − cash spent on PP&ECash flow / Net income−1.44×Operating cash flow ÷ net incomeNet cash change−$2.28 BEnding cash − beginning cash
Chart details

McKESSON CORPORATION cash flow reconciliation, Apr 1, 2024 through Jun 30, 2024

Cash flows for Apr 1, 2024 through Jun 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2024. Ending cash: Jun 30, 2024. 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
negative 1,380,000,000 US dollars. Net cash used.
Inventories
negative 4,442,000,000 US dollars
Other non-cash items
69,000,000 US dollars
Gain from sales of businesses and investments
negative 86,000,000 US dollars
Amortization
106,000,000 US dollars
Net income
960,000,000 US dollars
Taxes
negative 211,000,000 US dollars
Depreciation
63,000,000 US dollars
Charges (credits) associated with last-in, first-out inventory method
negative 2,000,000 US dollars
Receivables
negative 2,101,000,000 US dollars
Operating lease liabilities
negative 96,000,000 US dollars
Drafts and accounts payable
4,616,000,000 US dollars
Long-lived asset impairment charges
3,000,000 US dollars
Non-cash operating lease expense
57,000,000 US dollars
Other
negative 473,000,000 US dollars
Deferred taxes
28,000,000 US dollars
Provision for bad debts
15,000,000 US dollars
Litigation liabilities
114,000,000 US dollars
Investing activities
negative 87,000,000 US dollars. Net cash used.
Payments for property, plant, and equipment
negative 106,000,000 US dollars
Capitalized software expenditures
negative 61,000,000 US dollars
Proceeds from sales of businesses and investments, net
90,000,000 US dollars
Other
negative 10,000,000 US dollars
Financing activities
negative 809,000,000 US dollars. Net cash used.
Issuances
22,000,000 US dollars
Proceeds from issuances of long-term debt
0 US dollars
Share repurchases
negative 527,000,000 US dollars
Proceeds from short-term borrowings
1,361,000,000 US dollars
Dividends paid
negative 82,000,000 US dollars
Repayments of long-term debt
0 US dollars
Other
negative 222,000,000 US dollars
Repayments of short-term borrowings
negative 1,361,000,000 US dollars
Purchase of U.S. government obligations for the satisfaction and discharge of long-term debt
0 US dollars
Operating adjustment reconciliation
7,411,000,000 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
2,192,000,000 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
177,000,000 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 5,000,000 US dollars
Ending cash on Jun 30, 2024
2,304,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,585,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 2,281,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−1.44×. 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
negative 1,380,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
106,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 1,486,000,000 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 or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • 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: negative 1,380,000,000 US dollars minus 106,000,000 US dollars equals negative 1,486,000,000 US dollars.
McKESSON CORPORATION (MCK) FY2025 Q1 Statement of Cash Flows Sankey chart
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