8-KRegulation FDExhibits & Filings

MCKESSON CORP 8-K Report, Regulation FD Disclosure (May 14, 2015)

Filed May 14, 2015For Securities:MCK

Summary

McKesson Corporation (MCK) filed an 8-K on May 14, 2015, to disclose updated historical financial information on its website. This update specifically includes financial data presented on both Generally Accepted Accounting Principles (GAAP) and Adjusted Earnings (Non-GAAP) bases. The key point for investors is the reclassification of the Company's Brazilian distribution business and two other smaller businesses as discontinued operations. This reclassification impacts the historical financial reporting and is a significant detail for understanding McKesson's ongoing business performance and segment profitability.

Key Highlights

  • 1McKesson Corporation updated historical financial information on its website on May 14, 2015.
  • 2The financial information is presented on both GAAP and Non-GAAP (Adjusted Earnings) bases.
  • 3The Brazilian distribution business is now treated as a discontinued operation.
  • 4Two other small businesses have also been classified as discontinued operations.
  • 5This reclassification impacts the historical financial reporting of the company.
  • 6The filing serves as a Regulation FD disclosure, making the information publicly accessible.
  • 7The full presentation of GAAP and Adjusted Earnings is available as an exhibit (Exhibit 99.1).

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly disclose updated historical financial information on McKesson Corporation's website, including details on discontinued operations.

The Brazilian distribution business and two other smaller businesses have been reclassified as discontinued operations.

Reclassifying businesses as discontinued operations indicates that these segments are no longer part of the company's ongoing core business strategy. For investors, this means that historical financial results will be presented differently, allowing for a clearer view of the performance of McKesson's continuing operations and future growth prospects.

The detailed financial information, including the presentation of GAAP and Adjusted Earnings, was posted to McKesson's website under the 'Investors' tab and is also attached as Exhibit 99.1 to this 8-K filing.