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  <TITLE> McKesson Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	February 23, 2007
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  	McKesson Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	001-13252
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  	943207296
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	McKesson Plaza, One Post Street, San Francisco, California
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  	94104
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	415-983-8300
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 8.01 Other Events.
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  On February 23, 2007, D&K Healthcare Resources LLC, formerly D&K Healthcare Resources, Inc. ("D&K"), a subsidiary of McKesson Corporation (the "Company"), entered into a settlement agreement with class action plaintiffs in the previously disclosed securities class action, Gary Dutton vs. D&K Healthcare Resources, Inc. et al. (Case No. 4-04-CV-00147-SNL), pending in the United States District Court for the Eastern District of Missouri (the "Court").  Under the terms of the proposed settlement, which will resolve all claims by the D&K shareholders against all defendants, the Company will pay $18.7 million.  The Company had previously reserved an estimated liability for this class action in connection with the purchase of D&K in fiscal 2006, and the anticipated adjustment of the reserve in the fourth quarter of fiscal 2007 as a result of the settlement will not have a material impact on the Company's results of operations.  The settlement remains subject to various conditions including, but not limited to, notice to the class and preliminary and final approval by the Court.  Under the agreement, all defendants deny any violation of law and have agreed to the settlement to eliminate the uncertainities, burden and expense of further protracted litigation.<br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	McKesson Corporation
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  	&nbsp;&nbsp;
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  <I>
  	February 26, 2007
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  	By:
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  <I>
  	Laureen Seeger
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  <I>
  	Name: Laureen Seeger
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  <I>
  	Title: Executive Vice President, General Counsel and Secretary
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_18472.htm", "description": "LIVE FILING", "secsgml_size_bytes": 9507}]
metadata_filer: {"company-data": {"conformed-name": "MCKESSON CORP", "cik": "0000927653", "assigned-sic": "5122", "irs-number": "943207296", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13252", "film-number": "07650923"}, "business-address": {"street1": "ONE POST ST", "street2": "MCKESSON PLAZA", "city": "SAN FRANCISCO", "state": "CA", "zip": "94104", "phone": "4159838300"}, "mail-address": {"street1": "ONE POST ST", "city": "SAN FRANCISCO", "state": "CA", "zip": "94104"}, "former-company": [{"former-conformed-name": "MCKESSON HBOC INC", "date-changed": "19990115"}, {"former-conformed-name": "MCKESSON CORP", "date-changed": "19950209"}, {"former-conformed-name": "SP VENTURES INC", "date-changed": "19940728"}]}
text: McKesson Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  February 23, 2007
  McKesson Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  001-13252
  943207296
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  McKesson Plaza, One Post Street, San Francisco, California
  94104
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  415-983-8300
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 8.01 Other Events.
  On February 23, 2007, D&K Healthcare Resources LLC, formerly D&K Healthcare Resources, Inc. ("D&K"), a subsidiary of McKesson Corporation (the "Company"), entered into a settlement agreement with class action plaintiffs in the previously disclosed securities class action, Gary Dutton vs. D&K Healthcare Resources, Inc. et al. (Case No. 4-04-CV-00147-SNL), pending in the United States District Court for the Eastern District of Missouri (the "Court").  Under the terms of the proposed settlement, which will resolve all claims by the D&K shareholders against all defendants, the Company will pay $18.7 million.  The Company had previously reserved an estimated liability for this class action in connection with the purchase of D&K in fiscal 2006, and the anticipated adjustment of the reserve in the fourth quarter of fiscal 2007 as a result of the settlement will not have a material impact on the Company's results of operations.  The settlement remains subject to various conditions including, but not limited to, notice to the class and preliminary and final approval by the Court.  Under the agreement, all defendants deny any violation of law and have agreed to the settlement to eliminate the uncertainities, burden and expense of further protracted litigation.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  McKesson Corporation
  February 26, 2007
  By:
  Laureen Seeger
  Name: Laureen Seeger
  Title: Executive Vice President, General Counsel and Secretary