Business Context and Reporting Period
Company: McKesson Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: November 12, 2013
Context: The filing serves as a Regulation FD disclosure regarding the posting of updated historical financial information on the company's investor website.
Key Financial Metrics
This filing does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document solely announces the availability of updated historical data based on Adjusted Earnings (Non-GAAP).
Material Changes
- Updated Adjusted Earnings: Historical financial information has been revised to reflect discontinued operations announced in July 2013.
- Inventory Adjustments: The updated data incorporates last-in-first-out (LIFO) inventory-related adjustments.
Guidance, Outlook, and Risks
Management Commentary: The company clarified that the information contained in this Form 8-K and the attached Exhibit 99.1 is furnished to the SEC but shall not be deemed "filed" for purposes of Section 18 of the Exchange Act. Consequently, it is not incorporated by reference into other filings unless expressly stated.
Risks and Contingencies: No specific risks or contingencies are detailed in this text beyond the standard legal disclaimer regarding the status of the furnished information.
Investor Verification Checklist
- Verify the specific numerical impact of the July 2013 discontinued operations announcement on historical Adjusted Earnings.
- Review the magnitude of the LIFO inventory-related adjustments included in the updated data.
- Access Exhibit 99.1 on the company's website under the "Investors" tab for the full presentation of Adjusted Earnings.
- Confirm that the furnished information is not automatically incorporated by reference into other SEC filings.