MCKESSON CORP incurred term loan of $2,250.0 million with JPMorgan Chase Bank, N.A. as administrative agent and collateral agent at Adjusted Term SOFR Rate plus 2.25% per annum or Base Rate plus 1.25% per annum maturing due 2032.
“On June 9, 2026, certain of McKesson Corporation’s (the “Company”) subsidiaries, including McKesson Medical-Surgical Top Holdings, Inc. (the “Borrower”), entered into an amendment (the “Amendment”) to the Credit Agreement , dated as of April 1, 2026, among, the Borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as so amended, the “Credit Agreement”), to provide for a $2,250.0 million senior secured term “B” loan facility due 2032 (the “Term B Loan Facility”).”
Material Agreements
MCKESSON CORP amended Amendment to Credit Agreement, dated as of April 1, 2026 with JPMorgan Chase Bank, N.A. (as administrative agent) and other lenders valued at Term B loan facility of $2,250.0 million, interest at Adjusted Term SOFR + 2.25% or Base Rate + 1.25 (effective 2026-06-09).
“On June 9, 2026, certain of McKesson Corporation’s (the “Company”) subsidiaries, including McKesson Medical-Surgical Top Holdings, Inc. (the “Borrower”), entered into an amendment (the “Amendment”) to the Credit Agreement , dated as of April 1, 2026, among, the Borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as so amended, the “Credit Agreement”), to provide for a $2,250.0 million senior secured term “B” loan facility due 2032 (the “Term B Loan Facility”).”
Earnings Releases
MCKESSON CORP reported fiscal 2026 fourth quarter and full year ended March 31, 2026 results: revenue Consolidated revenues of $96.3 billion, net income Net income attributable to McKesson Corporation 1,682, EPS Earnings per diluted share of $13.71.
“2026 - McKesson Corporation (NYSE:MCK) today announced results for the fourth quarter and fiscal year ended March 31, 2026. Fourth Quarter Highlights: • Consolidated revenues of $96.3 billion increased 6%. • Earnings per diluted share of $13.71 increased $3.70. • Adjusted Earnings per Diluted Share of $11.69 increased 16%. • McKesson entered into a $2.25 billion”
“The Existing 364-Day Credit Facility was scheduled to mature in May 2026 and provided a revolving line of credit of up to $1.0 billion.”
Material Agreements
MCKESSON CORP entered into Credit Agreement with Bank of America, N.A. valued at $5.0 billion (effective 2026-04-24).
“On April 24, 2026, McKesson Corporation ("McKesson" or the "Company") entered into a Credit Agreement (the "New Revolving Credit Facility") among the Company, as borrower, the lenders party thereto, Bank of America, N.A., as administrative agent, and the other parties thereto.”
Debt Financings
MCKESSON CORP incurred credit facility of $750.0 million senior secured term A loan facility due 2031, $250.0 million senior secured term A loan facility due 2028 with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Adjusted Term SOFR Rate plus applicable margin of 1.250% per annum or Base Rate maturing Term Loan A-1 Facility due 2031, Term Loan A-2 Facility due 2028, Revolving Credit Facility matures April 1, 2031.
“On April 1, 2026, certain of McKesson Corporation’s (the “Company”) subsidiaries, including McKesson Medical-Surgical Top Holdings, Inc. (the “Borrower”), entered into a credit agreement (the “Credit Agreement”) with the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent providing for (i) a $750.0 million senior secured term “A” loan facility due 2031 (the “Term Loan A-1 Facility”), (ii) a $250.0 million senior secured term “A” loan facility due 2028 (the “Term Loan A-2 Facility” and, together with the Term Loan A-1 Facility, the “Term Loan A Facilities”) and (iii) a $1,000.0 million senior secured revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan A Facilities, the “Senior Secured Credit Facilities”).”
Material Agreements
MCKESSON CORP entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent valued at $2,000.0 million (effective 2026-04-01).
“On April 1, 2026, certain of McKesson Corporation’s (the “Company”) subsidiaries, including McKesson Medical-Surgical Top Holdings, Inc. (the “Borrower”), entered into a credit agreement (the “Credit Agreement”) with the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent providing for (i) a $750.0 million senior secured term “A” loan facility due 2031 (the “Term Loan A-1 Facility”), (ii) a $250.0 million senior secured term “A” loan facility due 2028 (the “Term Loan A-2 Facility” and, together with the Term Loan A-1 Facility, the “Term Loan A Facilities”) and (iii) a $1,000.0 million senior secured revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan A Facilities, the “Senior Secured Credit Facilities”).”
Debt Financings
MCKESSON CORP incurred senior notes of $650,000,000 in aggregate principal amount of the Company's 4.650% Notes due 2030 at 4.650% maturing 2030.
“$650,000,000 in aggregate principal amount of the Company's 4.650% Notes due 2030 (the "2030 Notes"), $650,000,000 in aggregate principal amount of the Company's 4.950% Notes due 2032 (the "2032 Notes") and $700,000,000 in aggregate principal amount of the Company's 5.250% Notes due 2035 (the "2035 Notes" and, together with the 2030 Notes and 2032 Notes, the "Notes")”
Susan R. Salka departed as Director at MCKESSON CORP.
“Linda Mantia and Susan R. Salka will not be standing for re-election at the Corporation’s 2024 annual meeting of shareholders (“Annual Meeting”), and their terms will expire effective at the Annual Meeting.”
Linda Mantia departed as Director at MCKESSON CORP.
“Linda Mantia and Susan R. Salka will not be standing for re-election at the Corporation’s 2024 annual meeting of shareholders (“Annual Meeting”), and their terms will expire effective at the Annual Meeting.”
Deborah Dunsire was elected as Director at MCKESSON CORP.
“On May 31, 2024, the Board of Directors (“Board”) of McKesson Corporation (“Corporation”) elected Deborah Dunsire, M.D. as a director of the Corporation and appointed her to the Board’s Compensation and Talent Committee and Finance Committee, effective June 3, 2024.”
Earnings Releases
MCKESSON CORP reported preliminary financial results for the quarter and fiscal year ended on March 31, 2024.
“On May 7, 2024, McKesson Corporation (“Company”) reported the Company’s preliminary results for the quarter and fiscal year ended on March 31, 2024”
Earnings Releases
MCKESSON CORP reported the third quarter ended December 31, 2023 results: revenue $80,898, net income $589, EPS $4.42. Guidance raised.
“December 31, 2023. Fiscal 2024 Third Quarter Result Summary Third Quarter Year-to-Date ($ in millions, except per share amounts) FY24 FY23 Change FY24 FY23 Change Revenues $ 80,898 $ 70,490 15 % $ 232,596 $ 207,801 12 % Income from Continuing Operations 2 589 1,078 (45) 2,211 2,776 (20) Adjusted Earnings 2,3 1,032 972 6 2,866 2,697 6 Earnings per Diluted”
Kevin Ozan was elected as Director at MCKESSON CORP.
“On January 8, 2024, the Board of Directors (“Board”) of McKesson Corporation (“Corporation”) elected Kevin Ozan as a director of the Corporation and appointed him to the Board’s Audit Committee and Finance Committee, effective January 8, 2024.”
Debt Financings
MCKESSON CORP amended revolving credit of Not changed with Bank of America, N.A., as administrative agent; lenders and letter of credit issuers party to the Credit Agreement at Not changed maturing Extended from November 7, 2027 to November 7, 2028.
“On November 7, 2023, Bank of America, N.A., as administrative agent (the “Administrative Agent”) under the Credit Agreement, dated November 7, 2022, among McKesson Corporation (“McKesson” or the “Company”), as borrower, the lenders party thereto, the letter of credit issuers party thereto, the Administrative Agent and the other parties thereto (the “Credit Agreement”), delivered a notice to the Company (the “Extension Notice Acknowledgement”) pursuant to which the Administrative Agent, each lender and letter of credit issuer party to the Credit Agreement (i) acknowledged the receipt of an extension notice previously delivered by the Company to the Administrative Agent pursuant to Section 2.17(a) of the Credit Agreement requesting that each lender and letter of credit issuer party to the Credit Agreement agree to extend the maturity date of the revolving credit facility provided for in the Credit Agreement from November 7, 2027 to November 7, 2028 (the “Maturity Date Extension”) and (ii”
Earnings Releases
MCKESSON CORP reported the quarter ended on September 30, 2023 results: revenue $77,215, EPS 4.92. Guidance raised.
“September 30, 2023. Fiscal 2024 Second Quarter Result Summary Second Quarter Year-to-Date ($ in millions, except per share amounts) FY24 FY23 Change FY24 FY23 Change Revenues $ 77,215 $ 70,157 10 % $ 151,698 $ 137,311 10 % Income from Continuing Operations 2 664 932 (29) 1,622 1,698 (4) Adjusted Earnings 2,3 841 874 (4) 1,834 1,725 6 Earnings per Diluted Share”
Lori A. Schechter retired as Chief Legal Officer at MCKESSON CORP.
“On October 27, 2023, Lori A. Schechter, the Company’s Chief Legal Officer, gave notice of her intention to retire from that role as further described in Exhibit 99.1 under the heading Executive Leadership Transition.”
Nancy Avila departed as Executive Vice President, Chief Information Officer and Chief Technology Officer at MCKESSON CORP.
“Nancy Avila, Executive Vice President, Chief Information Officer and Chief Technology Officer stepped down from her role and as an executive officer of the Company effective October 2, 2023.”
Earnings Releases
MCKESSON CORP reported the quarter ended June 30, 2023 results: revenue $74.5 billion, EPS $7.02. Guidance raised.
“by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- McKESSON CORPORATION REPORTS FISCAL 2024 FIRST QUARTER RESULTS First Quarter Highlights: • Total revenues of $74.5 billion increased 11%. • Earnings per diluted share from continuing operations of $7.02 increased $1.77. • Adjusted Earnings per Diluted Share of $7.27 increased 25%. • Adjusted Earnings”
Shareholder Votes
MCKESSON CORP shareholders rejected Shareholder-submitted proposal on ratification of termination pay at the 2023-07-21 meeting.
“The shareholder-submitted proposal on ratification of termination pay was not approved, having received the following votes: 2 Votes For Votes Against Abstentions Broker Non-Votes 11,753,925 96,484,943 320,904 11,122,275”
Shareholder Votes
MCKESSON CORP shareholders approved Advisory vote on frequency of shareholder advisory vote on executive compensation at the 2023-07-21 meeting.
“The proposal for shareholders to vote, on an advisory basis, on the frequency of the advisory vote on executive compensation received the following votes: 3 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 106,826,660 112,967 1,360,791 259,354 11,122,275”
Shareholder Votes
MCKESSON CORP shareholders approved Advisory approval of named executive officer compensation at the 2023-07-21 meeting.
“The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers was approved, having received the following votes: 2 Votes For Votes Against Abstentions Broker Non-Votes 96,483,473 11,840,048 236,251 11,122,275”
Shareholder Votes
MCKESSON CORP shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2023-07-21 meeting.
“The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024 was ratified, having received the following votes: 2 Votes For Votes Against Abstentions Broker Non-Votes 112,107,591 7,338,010 186,446 —”
Shareholder Votes
MCKESSON CORP shareholders approved Election of Directors at the 2023-07-21 meeting.
“Each of the following individuals nominated by the Board of Directors ("Board") was elected to serve as a director, having received the following votes: 1 Director Nominee Votes For Votes Against Abstentions Broker Non-Votes Richard H. Carmona, M.D. 107,167,161 1,236,274 156,337 11,122,275 Dominic J. Caruso 106,690,271 1,705,722 163,779 11,122,275 W. Roy Dunbar 105,601,748 2,760,524 197,500 11,122,275 James H. Hinton 107,511,295 866,074 182,403 11,122,275 Donald R. Knauss 105,274,813 3,105,150 179,809 11,122,275 Bradley E. Lerman 107,079,590 1,288,665 191,517 11,122,275 Linda P. Mantia 104,622,278 3,775,947 161,547 11,122,275 Maria Martinez 104,594,852 3,803,761 161,159 11,122,275 Susan R. Salka 106,913,966 1,492,566 153,240 11,122,275 Brian S. Tyler 107,572,534 865,990 121,248 11,122,275 Kathleen Wilson-Thompson 103,442,333 4,951,881 165,558 11,122,275”
Earnings Releases
MCKESSON CORP reported the fiscal year ended March 31, 2023 results: revenue $276.7 billion, EPS $25.05. Guidance raised.
“Full-Year Highlights: • Total revenues of $276.7 billion increased 5%. • Earnings per diluted share from continuing operations of $25.05 increased $17.79. • Adjusted Earnings per Diluted Share of $25.94 increased 9%.”
Earnings Releases
MCKESSON CORP reported the quarter ended March 31, 2023 results: revenue $68.9 billion, EPS $5.71. Guidance raised.
“Fourth-Quarter Highlights: • Total revenues of $68.9 billion increased 4%. • Earnings per diluted share from continuing operations of $5.71 increased $3.23. • Adjusted Earnings per Diluted Share of $7.19 increased 23%.”
Earnings Releases
MCKESSON CORP reported the quarter ended December 31, 2022 results: revenue $ 70,490, net income 1,078, EPS 7.65. Guidance raised.
MCKESSON CORP incurred term loan of up to $500 million with Toronto Dominion (Texas) LLC, as administrative agent at Term SOFR, a prime rate or alternative overnight rates as applicable plus agreed maturing November 2025.
“to 1.00 (with a temporary step-up to 4.50x to 1.00 upon election by the Company after the consummation of an acquisition involving payment of cash consideration of at least $500 million). The remaining terms and conditions of the New Revolving Credit Facility are substantially similar to those previously in place under the Existing Credit Facility. The New”
Debt Financings
MCKESSON CORP incurred revolving credit of up to $4.0 billion with Bank of America, N.A., as administrative agent at Term SOFR for credit extensions denominated in US Dollars, the Sterling Overnigh maturing November 2027.
“of credit issuers party thereto, Bank of America, N.A., as administrative agent, and the other parties thereto. The New Revolving Credit Facility replaced the Company’s existing $4.0 billion five-year senior unsecured revolving credit facility, dated as of September 25, 2019, as amended (the “Existing Credit Facility”), which was filed with the Securities and”
“The New Revolving Credit Facility replaced the Company’s existing $4.0 billion five-year senior unsecured revolving credit facility, dated as of September 25, 2019, as amended (the “Existing Credit Facility”), which was filed with the Securities and Exchange Commission on September 27, 2019 as Exhibit 10.1 to McKesson’s Current Report on Form 8-K.”
Material Agreements
MCKESSON CORP entered into New Term Loan Credit Facility with Toronto Dominion (Texas) LLC as administrative agent and the lenders party thereto valued at $500 million (effective 2022-11-07).
“On November 7, 2022, the Company also entered into a Credit Agreement (the “New Term Loan Credit Facility”), among the Company, as borrower, the lenders party thereto, Toronto Dominion (Texas) LLC, as administrative agent and the other parties thereto.”
Material Agreements
MCKESSON CORP entered into New Revolving Credit Facility with Bank of America, N.A. as administrative agent and the lenders and letter of credit issuers party thereto valued at $4.0 billion (effective 2022-11-07).
“On November 7, 2022, McKesson Corporation (“McKesson” or the “Company”) entered into a Credit Agreement (the “New Revolving Credit Facility”) among the Company, as borrower, the lenders party thereto, the letter of credit issuers party thereto, Bank of America, N.A., as administrative agent, and the other parties thereto.”
Tracy L. Faber departed as Executive Vice President and Chief Human Resources Officer at MCKESSON CORP.
“On September 7, 2022, Tracy L. Faber, Executive Vice President and Chief Human Resources Officer, who is a named executive officer of McKesson Corporation (“Company”), gave the Company notice of her decision to retire from the Company effective on December 1, 2022.”
W. Roy Dunbar was elected as director at MCKESSON CORP.
“On March 31, 2022, the Board of Directors (“Board”) of McKesson Corporation (“Company”) elected W. Roy Dunbar as a director of the Corporation, and appointed him to the Audit Committee and Governance Committee, effective on April 1, 2022.”
Kevin W. Emerson changed role as Senior Vice President, Finance Operations at MCKESSON CORP.
“In connection with Mr. Rutledge's appointment, Kevin W. Emerson will be leaving his interim positions as the Company's Controller and Chief Accounting Officer.”
Napoleon B. Rutledge, Jr. was appointed as Senior Vice President, Controller and Chief Accounting Officer at MCKESSON CORP.
“On February 21, 2022, Napoleon B. Rutledge, Jr., 49, was appointed as Senior Vice President, Controller and Chief Accounting Officer of McKesson Corporation”
Kathleen Wilson-Thompson was elected as director at MCKESSON CORP.
“On January 13, 2022, the Board of Directors (“Board”) of McKesson Corporation (“Company”) elected James H. Hinton and Kathleen Wilson-Thompson as directors of the Corporation effective on January 13, 2022.”
James H. Hinton was elected as director at MCKESSON CORP.
“On January 13, 2022, the Board of Directors (“Board”) of McKesson Corporation (“Company”) elected James H. Hinton and Kathleen Wilson-Thompson as directors of the Corporation effective on January 13, 2022.”
Kenneth E. Washington resigned as Director at MCKESSON CORP.
“On October 4, 2021, Kenneth E. Washington informed the Board of Directors (Board) of McKesson Corporation (Company) of his intent to resign as a Director of the Company.”
Kevin W. Emerson was appointed as Senior Vice President, Controller and Chief Accounting Officer at MCKESSON CORP.
“On September 10, 2021, Kevin W. Emerson was appointed as Senior Vice President, Controller and Chief Accounting Officer of McKesson Corporation (“McKesson” or the “Company”) on an interim basis while the Company completes its search process for a permanent replacement for this position.”
Dr. Richard H. Carmona was elected as Director at MCKESSON CORP.
“the Board of Directors (“Board”) of McKesson Corporation (“Company”) elected Dr. Richard H. Carmona as a director of the Corporation effective on September 6, 2021.”
Kevin W. Emerson was appointed as interim principal accounting officer at MCKESSON CORP.
“At that time, Kevin W. Emerson will be appointed as interim principal accounting officer.”
Sundeep G. Reddy resigned as principal accounting officer at MCKESSON CORP.
“On August 13, 2021, McKesson Corporation (“Company”) received notice from Sundeep G. Reddy of his intention to resign as principal accounting officer of the Company effective on September 10, 2021 in order to pursue another employment opportunity.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.