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10-Q Filing

CARDINAL HEALTH INC CIK: 721371 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000721371-18-000100
Period End Date 20180930
Filing Date 20181108
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance cah-20180930.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.06B USD Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.91B USD Point-in-time
Preferred Shares, authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred Shares, authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $6.88B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.04B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.76B USD Point-in-time
Preferred Shares, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.18B USD Point-in-time
Preferred Shares, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Common Shares, authorized CommonStockSharesAuthorized 755.00M shares Point-in-time
Common Shares, authorized CommonStockSharesAuthorized 755.00M shares Point-in-time
Trade receivables, net ReceivablesNetCurrent $8.08B USD Point-in-time
Trade receivables, net ReceivablesNetCurrent $7.80B USD Point-in-time
Inventories, net InventoryNet $12.48B USD Point-in-time
Inventories, net InventoryNet $12.31B USD Point-in-time
Common Shares, issued CommonStockSharesIssued 327.00M shares Point-in-time
Common Shares, issued CommonStockSharesIssued 327.00M shares Point-in-time
Common Shares in Treasury TreasuryStockShares 27.00M shares Point-in-time
Prepaid expenses and other OtherAssetsCurrent $1.93B USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $1.84B USD Point-in-time
Common Shares in Treasury TreasuryStockShares 18.00M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $756.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Total current assets AssetsCurrent $24.45B USD Point-in-time
Total current assets AssetsCurrent $24.55B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.44B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.49B USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $12.09B USD Point-in-time
Goodwill and other intangibles, net IntangibleAssetsNetIncludingGoodwill $12.23B USD Point-in-time
Investments Investments $50.00M USD Point-in-time
Investments Investments $394.00M USD Point-in-time
Other Assets OtherAssetsNoncurrent $643.00M USD Point-in-time
Other Assets OtherAssetsNoncurrent $632.00M USD Point-in-time
Total assets Assets $39.95B USD Point-in-time
Total assets Assets $40.01B USD Point-in-time
Accounts payable AccountsPayableCurrent $20.24B USD Point-in-time
Accounts payable AccountsPayableCurrent $19.68B USD Point-in-time
Current portion of long-term obligations and other short-term borrowings LongTermDebtAndCapitalLeaseObligationsCurrent $1.00B USD Point-in-time
Current portion of long-term obligations and other short-term borrowings LongTermDebtAndCapitalLeaseObligationsCurrent $1.00B USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $2.00B USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $1.82B USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $213.00M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Total current liabilities LiabilitiesCurrent $23.06B USD Point-in-time
Total current liabilities LiabilitiesCurrent $22.89B USD Point-in-time
Long-term obligations, less current portion LongTermDebtAndCapitalLeaseObligations $8.01B USD Point-in-time
Long-term obligations, less current portion LongTermDebtAndCapitalLeaseObligations $8.00B USD Point-in-time
Deferred income taxes and other liabilities DeferredTaxAndOtherLiabilitiesNoncurrent $2.98B USD Point-in-time
Deferred income taxes and other liabilities DeferredTaxAndOtherLiabilitiesNoncurrent $3.04B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $12.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount - 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, Issued327 million shares at September 30, 2018 and June 30, 2018, respectively CommonStockValue $2.59B USD Point-in-time
Authorized755 million shares, Issued327 million shares at September 30, 2018 and June 30, 2018, respectively CommonStockValue $2.73B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.64B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $5.10B USD Point-in-time
Common shares in treasury, at cost: 27 million shares and 18 million shares at September 30, 2018 and June 30, 2018, respectively TreasuryStockValue $1.68B USD Point-in-time
Common shares in treasury, at cost: 27 million shares and 18 million shares at September 30, 2018 and June 30, 2018, respectively TreasuryStockValue $1.22B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-92.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-96.00M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.06B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.91B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $39.95B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $40.01B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Revenue Revenues $32.64B USD 1 Quarter
Revenue Revenues $35.21B USD 1 Quarter
Cost of Goods and Services Sold CostOfGoodsAndServicesSold $30.97B USD 1 Quarter
Cost of Goods and Services Sold CostOfGoodsAndServicesSold $33.55B USD 1 Quarter
Gross margin GrossProfit $1.67B USD 1 Quarter
Gross margin GrossProfit $1.67B USD 1 Quarter
Distribution, selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.16B USD 1 Quarter
Distribution, selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.06B USD 1 Quarter
Restructuring and employee severance RestructuringCharges $132.00M USD 1 Quarter
Restructuring and employee severance RestructuringCharges $32.00M USD 1 Quarter
Amortization and other acquisition-related costs Amortizationandotheracquisitionrelatedcosts $156.00M USD 1 Quarter
Amortization and other acquisition-related costs Amortizationandotheracquisitionrelatedcosts $183.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-1.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $511.00M USD 1 Quarter
Litigation (recoveries)/charges, net GainLossRelatedToLitigationSettlement $-32.00M USD 1 Quarter
Litigation (recoveries)/charges, net GainLossRelatedToLitigationSettlement $-19.00M USD 1 Quarter
Operating earnings OperatingIncomeLoss $816.00M USD 1 Quarter
Operating earnings OperatingIncomeLoss $262.00M USD 1 Quarter
Other (income)/expense, net OtherNonoperatingIncomeExpense $-2.00M USD 1 Quarter
Other (income)/expense, net OtherNonoperatingIncomeExpense $-3.00M USD 1 Quarter
Interest expense, net InterestExpense $81.00M USD 1 Quarter
Interest expense, net InterestExpense $77.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $736.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $178.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $142.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $61.00M USD 1 Quarter
Net earnings ProfitLoss $594.00M USD 1 Quarter
Net earnings ProfitLoss $117.00M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net earnings attributable to Cardinal Health, Inc. NetIncomeLoss $593.00M USD 1 Quarter
Net earnings attributable to Cardinal Health, Inc. NetIncomeLoss $115.00M USD 1 Quarter
Basic (in shares) IncomeLossFromContinuingOperationsPerBasicShare $0.36 USD 1 Quarter
Basic (in shares) IncomeLossFromContinuingOperationsPerBasicShare $1.95 USD 1 Quarter
Diluted (in shares) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.36 USD 1 Quarter
Diluted (in shares) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $1.94 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 316.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 305.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 318.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 306.00M shares 1 Quarter
Cash dividends declared per common share CommonStockDividendsPerShareDeclared $0.46 USD 1 Quarter
Cash dividends declared per common share CommonStockDividendsPerShareDeclared $0.48 USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $594.00M USD 1 Quarter
Net earnings ProfitLoss $117.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $229.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $245.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Impairments and (gain)/loss on sale of investments LossOnSaleOfInvestments $2.00M USD 1 Quarter
Impairments and (gain)/loss on sale of investments LossOnSaleOfInvestments $6.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-1.00M USD 1 Quarter
Impairments and (gain)/loss on disposal of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $511.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $19.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $17.00M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $21.00M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $16.00M USD 1 Quarter
(Increase)/decrease in trade receivables IncreaseDecreaseInReceivables $359.00M USD 1 Quarter
(Increase)/decrease in trade receivables IncreaseDecreaseInReceivables $302.00M USD 1 Quarter
(Increase)/decrease in inventories IncreaseDecreaseInInventories $178.00M USD 1 Quarter
(Increase)/decrease in inventories IncreaseDecreaseInInventories $381.00M USD 1 Quarter
Increase/(decrease) in accounts payable IncreaseDecreaseInAccountsPayable $1.30B USD 1 Quarter
Increase/(decrease) in accounts payable IncreaseDecreaseInAccountsPayable $559.00M USD 1 Quarter
Other accrued liabilities and operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $-239.00M USD 1 Quarter
Other accrued liabilities and operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $84.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.18B USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $365.00M USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $6.14B USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $58.00M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $67.00M USD 1 Quarter
Purchase of available-for-sale securities and other investments Purchaseofavailableforsalesecuritiesandotherinvestments $4.00M USD 1 Quarter
Purchase of available-for-sale securities and other investments Purchaseofavailableforsalesecuritiesandotherinvestments $3.00M USD 1 Quarter
Proceeds from sale of available-for-sale securities and other investments Proceedsfromsaleofavailableforsalesecuritiesandotherinvestments $1.00M USD 1 Quarter
Proceeds from sale of available-for-sale securities and other investments Proceedsfromsaleofavailableforsalesecuritiesandotherinvestments $64.00M USD 1 Quarter
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $740.00M USD 1 Quarter
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.00M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $679.00M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-6.14B USD 1 Quarter
Payment of contingent consideration obligation PaymentofContingentConsideration $15.00M USD 1 Quarter
Payment of contingent consideration obligation PaymentofContingentConsideration - USD 1 Quarter
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-6.00M USD 1 Quarter
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt - USD 1 Quarter
Purchase of noncontrolling interests PaymentsToAcquireAdditionalInterestInSubsidiaries - USD 1 Quarter
Purchase of noncontrolling interests PaymentsToAcquireAdditionalInterestInSubsidiaries $3.00M USD 1 Quarter
Reduction of long-term obligations RepaymentsOfLongTermDebt $402.00M USD 1 Quarter
Reduction of long-term obligations RepaymentsOfLongTermDebt $1.00M USD 1 Quarter
Net tax proceeds/(withholdings) from share-based compensation Netproceedstaxwithholdingsfromsharebasedcompensation $-18.00M USD 1 Quarter
Net tax proceeds/(withholdings) from share-based compensation Netproceedstaxwithholdingsfromsharebasedcompensation $-13.00M USD 1 Quarter
Dividends on common shares PaymentsOfDividendsCommonStock $150.00M USD 1 Quarter
Dividends on common shares PaymentsOfDividendsCommonStock $150.00M USD 1 Quarter
Purchase of treasury shares PaymentsForRepurchaseOfCommonStock $150.00M USD 1 Quarter
Purchase of treasury shares PaymentsForRepurchaseOfCommonStock $600.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-744.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-764.00M USD 1 Quarter
Effect of exchange rates changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $9.00M USD 1 Quarter
Effect of exchange rates changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $2.00M USD 1 Quarter
Net increase/(decrease) in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-5.70B USD 1 Quarter
Net increase/(decrease) in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $282.00M USD 1 Quarter
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $6.88B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $2.04B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.76B USD Point-in-time
Cash and equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.18B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $6.88B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $2.04B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.76B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.18B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $594.00M USD 1 Quarter
Net earnings ProfitLoss $117.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $40.00M 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 $-4.00M USD 1 Quarter
Total other comprehensive income/(loss), net of tax OtherComprehensiveIncomeLossNetOfTax $39.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $156.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $590.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Total comprehensive income attributable to Cardinal Health, Inc. ComprehensiveIncomeNetOfTax $154.00M USD 1 Quarter
Total comprehensive income attributable to Cardinal Health, Inc. ComprehensiveIncomeNetOfTax $589.00M USD 1 Quarter

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

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