10-QPeriod: Q1 FY2008

MCKESSON CORP Quarterly Report for Q1 Ended Jun 30, 2007

Filed July 30, 2007For Securities:MCK

Summary

McKesson Corporation's 10-Q filing for the quarter ended June 30, 2007, reveals a company actively managing its financial performance amidst its operational activities. Investors should note the company's focus on its core distribution and services segments, which are the primary drivers of revenue and profitability. The filing provides an update on the company's financial position, operational results, and cash flows, offering a snapshot of its performance during the first fiscal quarter of 2008. While specific figures are not detailed in the provided excerpt, the structure indicates a thorough review of financial statements, management's discussion of results, and disclosures on market risks and controls.

Key Highlights

  • 1The filing covers the first fiscal quarter of 2008 for McKesson Corporation, ending on June 30, 2007.
  • 2Key financial statements including the Consolidated Balance Sheets, Statements of Operations, and Statements of Cash Flows for the relevant periods are presented.
  • 3Management's Discussion and Analysis (MD&A) provides insights into the company's operational results and financial condition.
  • 4The report includes quantitative and qualitative disclosures regarding market risk exposures.
  • 5Information on internal controls and procedures is addressed, indicating a focus on corporate governance.
  • 6Part II of the filing covers other important information such as legal proceedings, risk factors, and corporate actions.

Frequently Asked Questions

While the excerpt doesn't detail the specific business segments, McKesson is historically a major distributor of pharmaceuticals and medical supplies, and a provider of healthcare information technology services. Investors would look to the MD&A section for details on segment performance.

This filing covers the quarterly period ending June 30, 2007, and provides comparative data for the same quarter in the previous year (June 30, 2006) for the Statements of Operations and Cash Flows. The Consolidated Balance Sheets compare June 30, 2007, with March 31, 2007.

Investors should refer to Part I, Item 1 for the Condensed Financial Statements (Balance Sheets, Statements of Operations, and Cash Flows) and Part I, Item 2 for Management's Discussion and Analysis of Results of Operations and Financial Condition, which offers qualitative insights into the numbers.

Part II, Item 1A, 'Risk Factors,' and Item 1, 'Legal Proceedings,' would be the sections to review for information on potential risks and ongoing legal matters that could impact the company's financial performance or operations.