McKESSON CORPORATION (MCK) FY2025 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-10-01 to 2024-12-31

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McKESSON CORPORATION cash flow reconciliation, Oct 1, 2024 through Dec 31, 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. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. 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 short-term borrowings → financing reconciliation: $4,519,000,000.00Issuances → financing reconciliation: $19,000,000.00financing reconciliation → Net cash from financing activities: $1,298,000,000.00financing reconciliation → Repayments of short-term borrowings: $2,094,000,000.00financing reconciliation → Share repurchases: $827,000,000.00financing reconciliation → Other: $218,000,000.00financing reconciliation → Dividends paid: $92,000,000.00financing reconciliation → Repayments of long-term debt: $9,000,000.00Other → investing reconciliation: $72,000,000.00investing reconciliation → Payments for property, plant, and equipment: $126,000,000.00investing reconciliation → Capitalized software expenditures: $70,000,000.00investing reconciliation → Proceeds from sales of businesses and investments, net: $10,000,000.00investing reconciliation → Acquisitions, net of cash, cash equivalents, and restricted cash acquired: $2,000,000.00Net cash used in operating activities → operating reconciliation: $2,383,000,000.00Net income → operating reconciliation: $928,000,000.00Loss (gain) from sales of businesses and investments → operating reconciliation: $660,000,000.00Other → operating reconciliation: $450,000,000.00Inventories → operating reconciliation: $176,000,000.00Amortization → operating reconciliation: $95,000,000.00Charges associated with last-in, first-out inventory method → operating reconciliation: $89,000,000.00Non-cash operating lease expense → operating reconciliation: $66,000,000.00Depreciation → operating reconciliation: $58,000,000.00Other non-cash items → operating reconciliation: $37,000,000.00Deferred taxes → operating reconciliation: $25,000,000.00Provision for bad debts → operating reconciliation: $25,000,000.00Asset impairment charges → operating reconciliation: $7,000,000.00operating reconciliation → Drafts and accounts payable: $3,544,000,000.00operating reconciliation → Remaining operating cash flows, net (calculated): $638,000,000.00operating reconciliation → Receivables: $565,000,000.00operating reconciliation → Taxes: $143,000,000.00operating reconciliation → Operating lease liabilities: $109,000,000.00Net cash used in investing activities → investing reconciliation: $136,000,000.00Change in cash, cash equivalents, and restricted cash classified as Assets held for sale → Cash sources and uses: $14,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,511,000,000.00Net cash from financing activities → Cash sources and uses: $1,298,000,000.00Cash sources and uses → Exchange-rate effect: $22,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,282,000,000.00Cash sources and uses → Net cash used in investing activities: $136,000,000.00Cash sources and uses → Net cash used in operating activities: $2,383,000,000.00Operating lease liabilities: -$109,000,000.00Operating lease liabilities−$109.00 MAmortization: $95,000,000.00Amortization expense+$95.00 MAsset impairment charges: $7,000,000.00Other asset impairments+$7.00 MTaxes: -$143,000,000.00Accrued taxes−$143.00 MNon-cash operating lease expense: $66,000,000.00Non-cash lease expense+$66.00 MLoss (gain) from sales of businesses and investments: $660,000,000.00Other asset gain & loss+$660.00 MOther: $450,000,000.00Other working capital, net+$450.00 MCharges associated with last-in, first-out inventory method: $89,000,000.00Inventory reserve provision+$89.00 MInventories: $176,000,000.00Inventories+$176.00 MDeferred taxes: $25,000,000.00Deferred tax balances+$25.00 MDepreciation: $58,000,000.00Depreciation expense+$58.00 MLitigation liabilities: $0.00Drafts and accounts payable: -$3,544,000,000.00Accounts payable−$3.54 BReceivables: -$565,000,000.00Receivables, net−$565.00 MNet income: $928,000,000.00Net income+$928.00 MProvision for bad debts: $25,000,000.00Credit loss provision+$25.00 MOther non-cash items: $37,000,000.00Other non-cash items+$37.00 MRemaining operating cash flows, net (calculated): -$638,000,000.00Remaining operating (calculated)−$638.00 MNet cash used in operating activities: -$2,383,000,000.00. Cash required to fund net payments.Operating cash−$2.38 Boperating reconciliation: $4,999,000,000.00Issuances: $19,000,000.00Employee stock plans & options+$19.00 MProceeds from issuances of long-term debt: $0.00Share repurchases: -$827,000,000.00Common stock repurchases−$827.00 MProceeds from short-term borrowings: $4,519,000,000.00Short-term debt issued+$4.52 BDividends paid: -$92,000,000.00Common dividends paid−$92.00 MRepayments of long-term debt: -$9,000,000.00Long-term debt repaid−$9.00 MOther: -$218,000,000.00Other financing, net−$218.00 MRepayments of short-term borrowings: -$2,094,000,000.00Short-term debt repaid−$2.09 BPurchase of U.S. government obligations for the satisfaction and discharge of long-term debt: $0.00Net cash from financing activities: $1,298,000,000.00Financing cash+$1.30 Bfinancing reconciliation: $4,538,000,000.00Payments for property, plant, and equipment: -$126,000,000.00PP&E purchases−$126.00 MCapitalized software expenditures: -$70,000,000.00Software purchases−$70.00 MProceeds from sales of businesses and investments, net: -$10,000,000.00Business & affiliate sales−$10.00 MOther: $72,000,000.00Other investing, net+$72.00 MAcquisitions, net of cash, cash equivalents, and restricted cash acquired: -$2,000,000.00Acquisitions, net of cash−$2.00 MNet cash used in investing activities: -$136,000,000.00. Cash required to fund net payments.Investing cash−$136.00 Minvesting reconciliation: $208,000,000.00Cash sources and uses: $3,823,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,511,000,000.00Beginning cash$2.51 BEnding cash: Cash, cash equivalents, and restricted cash: $1,282,000,000.00Ending cash$1.28 BExchange-rate effect: -$22,000,000.00FX effect−$22.00 MChange in cash, cash equivalents, and restricted cash classified as Assets held for sale: $14,000,000.00Change in cash, cashequivalents, andrestricted cash…+$14.00 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$2.51 BOperating cash − cash spent on PP&ECash flow / Net income−2.57×Operating cash flow ÷ net incomeNet cash change−$1.23 BEnding cash − beginning cash
Chart details

McKESSON CORPORATION cash flow reconciliation, Oct 1, 2024 through Dec 31, 2024

Cash flows for Oct 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Sep 30, 2024. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Sep 30, 2024
2,511,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 2,383,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Canadian businesses held for sale), so those amounts cannot be separated for this quarter. It may combine inflows and outflows.
Operating lease liabilities
negative 109,000,000 US dollars
Amortization
95,000,000 US dollars
Asset impairment charges
7,000,000 US dollars
Taxes
negative 143,000,000 US dollars
Non-cash operating lease expense
66,000,000 US dollars
Loss (gain) from sales of businesses and investments
660,000,000 US dollars
Other
450,000,000 US dollars
Charges associated with last-in, first-out inventory method
89,000,000 US dollars
Inventories
176,000,000 US dollars
Deferred taxes
25,000,000 US dollars
Depreciation
58,000,000 US dollars
Litigation liabilities
0 US dollars
Drafts and accounts payable
negative 3,544,000,000 US dollars
Receivables
negative 565,000,000 US dollars
Net income
928,000,000 US dollars
Provision for bad debts
25,000,000 US dollars
Other non-cash items
37,000,000 US dollars
Remaining operating cash flows, net (calculated)
negative 638,000,000 US dollars
Investing activities
negative 136,000,000 US dollars. Net cash used.
Payments for property, plant, and equipment
negative 126,000,000 US dollars
Capitalized software expenditures
negative 70,000,000 US dollars
Proceeds from sales of businesses and investments, net
negative 10,000,000 US dollars
Other
72,000,000 US dollars
Acquisitions, net of cash, cash equivalents, and restricted cash acquired
negative 2,000,000 US dollars
Financing activities
1,298,000,000 US dollars. Net cash provided.
Issuances
19,000,000 US dollars
Proceeds from issuances of long-term debt
0 US dollars
Share repurchases
negative 827,000,000 US dollars
Proceeds from short-term borrowings
4,519,000,000 US dollars
Dividends paid
negative 92,000,000 US dollars
Repayments of long-term debt
negative 9,000,000 US dollars
Other
negative 218,000,000 US dollars
Repayments of short-term borrowings
negative 2,094,000,000 US dollars
Purchase of U.S. government obligations for the satisfaction and discharge of long-term debt
0 US dollars
Operating adjustment reconciliation
4,999,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
4,538,000,000 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
208,000,000 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 22,000,000 US dollars
Change in cash, cash equivalents, and restricted cash classified as Assets held for sale
14,000,000 US dollars. Into cash; drawn as the small gray flow above beginning cash.
Ending cash on Dec 31, 2024
1,282,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
3,823,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 1,229,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−2.57×. 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 2,383,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
126,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 2,509,000,000 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 2,383,000,000 US dollars minus 126,000,000 US dollars equals negative 2,509,000,000 US dollars.
McKESSON CORPORATION (MCK) FY2025 Q3 Statement of Cash Flows Sankey chart
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