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10-Q Filing

CARDINAL HEALTH INC CIK: 721371 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0000721371-16-000323
Period End Date 20160930
Filing Date 20161102
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance cah-20160930.xml
Filing Contents
Balance Sheet 62 line items
Line Item Tag Value Unit Period
Preferred shares, authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred shares, authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred shares, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred shares, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $4.62B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.97B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.36B USD Point-in-time
Common shares, authorized CommonStockSharesAuthorized 755.00M shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.00B USD Point-in-time
Common shares, authorized CommonStockSharesAuthorized 755.00M shares Point-in-time
Common shares, issued CommonStockSharesIssued 364.00M shares Point-in-time
Trade receivables, net ReceivablesNetCurrent $7.71B USD Point-in-time
Trade receivables, net ReceivablesNetCurrent $7.41B USD Point-in-time
Common shares, issued CommonStockSharesIssued 364.00M shares Point-in-time
Inventories, net InventoryNet $10.92B USD Point-in-time
Common shares in treasury TreasuryStockShares 44.00M shares Point-in-time
Inventories, net InventoryNet $10.62B USD Point-in-time
Common shares in treasury TreasuryStockShares 42.00M shares Point-in-time
Prepaid expenses and other OtherAssetsCurrent $1.58B USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $1.66B USD Point-in-time
Total current assets AssetsCurrent $22.28B USD Point-in-time
Total current assets AssetsCurrent $21.96B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.80B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.82B USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $9.43B USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $9.43B USD Point-in-time
Other assets OtherAssetsNoncurrent $873.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $944.00M USD Point-in-time
Total assets Assets $34.41B USD Point-in-time
Total assets Assets $34.12B USD Point-in-time
Accounts payable AccountsPayableCurrent $17.31B USD Point-in-time
Accounts payable AccountsPayableCurrent $17.60B USD Point-in-time
Current portion of long-term obligations and other short-term borrowings LongTermDebtAndCapitalLeaseObligationsCurrent $616.00M USD Point-in-time
Current portion of long-term obligations and other short-term borrowings LongTermDebtAndCapitalLeaseObligationsCurrent $587.00M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $1.81B USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $1.79B USD Point-in-time
Total current liabilities LiabilitiesCurrent $20.00B USD Point-in-time
Total current liabilities LiabilitiesCurrent $19.70B USD Point-in-time
Long-term obligations, less current portion LongTermDebtAndCapitalLeaseObligations $4.92B USD Point-in-time
Long-term obligations, less current portion LongTermDebtAndCapitalLeaseObligations $4.95B USD Point-in-time
Deferred income taxes and other liabilities DeferredTaxAndOtherLiabilitiesNoncurrent $2.78B USD Point-in-time
Deferred income taxes and other liabilities DeferredTaxAndOtherLiabilitiesNoncurrent $2.84B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $116.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $117.00M USD Point-in-time
Authorized500 thousand shares, Issuednone PreferredStockValue - USD Point-in-time
Authorized500 thousand shares, Issuednone PreferredStockValue - USD Point-in-time
Authorized755 million shares, Issued364 million shares at September 30, 2016 and June 30, 2016 CommonStockValue $2.96B USD Point-in-time
Authorized755 million shares, Issued364 million shares at September 30, 2016 and June 30, 2016 CommonStockValue $3.01B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.42B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.58B USD Point-in-time
Common Shares in treasury, at cost: 44 million shares and 42 million shares at September 30, 2016 and June 30 2016, respectively TreasuryStockValue $2.76B USD Point-in-time
Common Shares in treasury, at cost: 44 million shares and 42 million shares at September 30, 2016 and June 30 2016, respectively TreasuryStockValue $2.91B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-116.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-116.00M USD Point-in-time
Total Cardinal Health, Inc. shareholders' equity StockholdersEquity $6.55B USD Point-in-time
Total Cardinal Health, Inc. shareholders' equity StockholdersEquity $6.51B USD Point-in-time
Noncontrolling interests MinorityInterest $17.00M USD Point-in-time
Noncontrolling interests MinorityInterest $19.00M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.57B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.53B USD Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders equity LiabilitiesAndStockholdersEquity $34.12B USD Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders equity LiabilitiesAndStockholdersEquity $34.41B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Revenue Revenues $28.05B USD 1 Quarter
Revenue Revenues $32.04B USD 1 Quarter
Cost of products sold CostOfGoodsSold $26.48B USD 1 Quarter
Cost of products sold CostOfGoodsSold $30.45B USD 1 Quarter
Gross margin GrossProfit $1.59B USD 1 Quarter
Gross margin GrossProfit $1.58B USD 1 Quarter
Distribution, selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $920.00M USD 1 Quarter
Distribution, selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $842.00M USD 1 Quarter
Restructuring and employee severance RestructuringCharges $9.00M USD 1 Quarter
Restructuring and employee severance RestructuringCharges $12.00M USD 1 Quarter
Amortization and other acquisition-related costs Amortizationandotheracquisitionrelatedcosts $105.00M USD 1 Quarter
Amortization and other acquisition-related costs Amortizationandotheracquisitionrelatedcosts $122.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-3.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD 1 Quarter
Litigation (recoveries)/charges, net GainLossRelatedToLitigationSettlement - USD 1 Quarter
Litigation (recoveries)/charges, net GainLossRelatedToLitigationSettlement $-1.00M USD 1 Quarter
Operating earnings OperatingIncomeLoss $620.00M USD 1 Quarter
Operating earnings OperatingIncomeLoss $535.00M USD 1 Quarter
Other (income)/expense, net OtherNonoperatingIncomeExpense $-8.00M USD 1 Quarter
Other (income)/expense, net OtherNonoperatingIncomeExpense $3.00M USD 1 Quarter
Interest expense, net InterestExpense $44.00M USD 1 Quarter
Interest expense, net InterestExpense $44.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $568.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $494.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $184.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $184.00M USD 1 Quarter
Net earnings ProfitLoss $310.00M USD 1 Quarter
Net earnings ProfitLoss $384.00M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net earnings attributable to Cardinal Health, Inc. NetIncomeLoss $383.00M USD 1 Quarter
Net earnings attributable to Cardinal Health, Inc. NetIncomeLoss $309.00M USD 1 Quarter
Basic (in shares) IncomeLossFromContinuingOperationsPerBasicShare $0.97 USD 1 Quarter
Basic (in shares) IncomeLossFromContinuingOperationsPerBasicShare $1.17 USD 1 Quarter
Diluted (in shares) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $1.15 USD 1 Quarter
Diluted (in shares) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.96 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 328.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 320.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 331.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 322.00M shares 1 Quarter
Cash dividends declared per common share CommonStockDividendsPerShareDeclared $0.39 USD 1 Quarter
Cash dividends declared per common share CommonStockDividendsPerShareDeclared $0.45 USD 1 Quarter
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $310.00M USD 1 Quarter
Net earnings ProfitLoss $384.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $137.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $173.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-3.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD 1 Quarter
Share-based compensation ShareBasedCompensation $23.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $30.00M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $17.00M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $7.00M USD 1 Quarter
Change in fair value of contingent consideration obligation BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-1.00M USD 1 Quarter
Change in fair value of contingent consideration obligation BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Increase in trade receivables IncreaseDecreaseInReceivables $348.00M USD 1 Quarter
Increase in trade receivables IncreaseDecreaseInReceivables $306.00M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $298.00M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $495.00M USD 1 Quarter
Increase in accounts payable IncreaseDecreaseInAccountsPayable $279.00M USD 1 Quarter
Increase in accounts payable IncreaseDecreaseInAccountsPayable $425.00M USD 1 Quarter
Other accrued liabilities and operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $87.00M USD 1 Quarter
Other accrued liabilities and operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $201.00M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $104.00M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $-52.00M USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.40B USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $9.00M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $83.00M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $100.00M USD 1 Quarter
Purchase of available for sale securities and other investments Purchaseofavailableforsalesecuritiesandotherinvestments $52.00M USD 1 Quarter
Purchase of available for sale securities and other investments Purchaseofavailableforsalesecuritiesandotherinvestments $26.00M USD 1 Quarter
Proceeds from sale of available-for-sale securities and other investments Proceedsfromsaleofavailableforsalesecuritiesandotherinvestments $25.00M USD 1 Quarter
Proceeds from sale of available-for-sale securities and other investments Proceedsfromsaleofavailableforsalesecuritiesandotherinvestments $34.00M USD 1 Quarter
Proceeds from maturities of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $5.00M USD 1 Quarter
Proceeds from maturities of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $17.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-110.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.48B USD 1 Quarter
Payment of contingent consideration obligation PaymentofContingentConsideration - USD 1 Quarter
Payment of contingent consideration obligation PaymentofContingentConsideration $23.00M USD 1 Quarter
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $25.00M USD 1 Quarter
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $36.00M USD 1 Quarter
Net purchase of noncontrolling interests PaymentsToAcquireAdditionalInterestInSubsidiaries $10.00M USD 1 Quarter
Net purchase of noncontrolling interests PaymentsToAcquireAdditionalInterestInSubsidiaries - USD 1 Quarter
Reduction of long-term obligations RepaymentsOfLongTermDebt $1.00M USD 1 Quarter
Reduction of long-term obligations RepaymentsOfLongTermDebt $4.00M USD 1 Quarter
Proceeds from interest rate swap terminations PaymentsForProceedsFromHedgeFinancingActivities $-14.00M USD 1 Quarter
Proceeds from interest rate swap terminations PaymentsForProceedsFromHedgeFinancingActivities - USD 1 Quarter
Net tax withholdings from share-based compensation Netproceedstaxwithholdingsfromsharebasedcompensation $-9.00M USD 1 Quarter
Net tax withholdings from share-based compensation Netproceedstaxwithholdingsfromsharebasedcompensation $-21.00M USD 1 Quarter
Excess tax benefits from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $31.00M USD 1 Quarter
Excess tax benefits from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $30.00M USD 1 Quarter
Dividends on common shares PaymentsOfDividendsCommonStock $149.00M USD 1 Quarter
Dividends on common shares PaymentsOfDividendsCommonStock $131.00M USD 1 Quarter
Payments for Repurchase of Common Stock PaymentsForRepurchaseOfCommonStock $250.00M USD 1 Quarter
Treasury Stock, Value, Acquired, Cost Method TreasuryStockValueAcquiredCostMethod - USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-112.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-350.00M USD 1 Quarter
Effect of exchange rates changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents - USD 1 Quarter
Effect of exchange rates changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.00M USD 1 Quarter
Net decrease in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-355.00M USD 1 Quarter
Net decrease in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.64B USD 1 Quarter
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $4.62B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $2.97B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $2.36B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $2.00B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $4.62B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $2.97B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $2.36B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $2.00B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $310.00M USD 1 Quarter
Net earnings ProfitLoss $384.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-44.00M USD 1 Quarter
Net unrealized gain/(loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-1.00M USD 1 Quarter
Net unrealized gain/(loss) on derivative instruments, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.00M USD 1 Quarter
Total other comprehensive income/(loss), net of tax OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Total other comprehensive income/(loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-45.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $339.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $310.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Total comprehensive income attributable to Cardinal Health, Inc. ComprehensiveIncomeNetOfTax $309.00M USD 1 Quarter
Total comprehensive income attributable to Cardinal Health, Inc. ComprehensiveIncomeNetOfTax $338.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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