The following is a summary of the Company's debt:



(in millions)	Interest Rates	Fiscal Year Maturities	June 30, 2017		March 31, 2017
Short-term debt and current maturities of long-term debt
Euro-denominated commercial paper⁽⁸⁾	(0.1) - 0.2%⁽¹⁾	2018	$	742	$	646
Current maturities of long-term debt	Various	2018	141		55
Current maturities of capitalized lease liabilities	1.1% - 7.2%	2018	320		37
Short-term debt and current maturities of long-term debt			$	1,203	$	738

Long-term debt, net of current maturities
GBP term loan	1.0 - 1.2%⁽²⁾	2019	$	240	$	233
USD term loan	2.1% - 2.2⁽³⁾	2020	372		—
USD term loan	1.2% - 2.3%⁽⁴⁾	2021	571		571
AUD term loan	2.9% - 3.0%⁽⁵⁾	2022	77		76
EUR term loan	0.9%⁽⁶⁾	2022	324		—
USD term loan	2.2% - 2.3⁽⁷⁾	2022	1,291		—
Senior notes	2.875%	2020	495		—
Senior notes	4.45%	2023	453		453
Senior notes	4.25%	2025	494		—
Senior notes	4.75%	2027	496		—
Senior notes	7.45%	2030	312		—
Revolving credit facility⁽⁹⁾	1.4% - 3.0%	2021 - 2022	698		678
Lease credit facility	2.0% - 2.2%	2020 - 2022	55		60
Capitalized lease liabilities	1.1% - 7.2%	2018 - 2022	608		104
Borrowings for assets acquired under long-term financing	1.7% -4.8%	2018 - 2021	76		77
Mandatorily redeemable preferred stock outstanding	3.5%	2023	61		61
Other borrowings	0.5% - 14.0%	2018 - 2036	87		4
Long-term debt			6,710		2,317
Less: current maturities			461		92
Long-term debt, net of current maturities			$	6,249	$	2,225


⁽¹⁾	Approximate weighted average interest rate.

⁽²⁾ Three-month LIBOR rate plus 0.65%

⁽³⁾ At DXC's option, the USD term loan bears interest at a variable rate equal to the Eurocurrency Rate for a one-, two-, three-, or six-month interest period, plus a margin of between 0.875% and 1.625% based on published credit ratings of DXC, or the greatest of the BTMU prime rate, the federal funds rate plus 0.5%, and the Eurocurrency Rate for a one-month interest period plus 1% ("Base Rate"), in each case plus a margin of between 0% and 0.625%, based on published credit ratings of DXC

⁽⁴⁾ At DXC's option, the USD term loan bears interest at a variable rate equal to the adjusted LIBOR for a one-, two-, three-, or six-month interest period, plus a margin between 0.75% and 1.50% based on a pricing grid consistent with the Company's outstanding revolving credit facility or the greater of the prime rate, the federal funds rate plus 0.50%, or the adjusted LIBOR for a one-month interest period plus 1.00%, in each case plus a margin of up to 0.50%, based on a pricing grid consistent with the revolving credit facility.

⁽⁵⁾ Variable interest rate equal to the bank bill swap bid rate for a one-, two-, three- or six-month interest period plus 0.95% to 1.45% based on the published credit ratings of DXC.

⁽⁶⁾ At DXC’s option, the EUR term loan bears interest at the Eurocurrency Rate for a one-, two-, three-, or six-month interest period, plus a margin of between 0.75% and 1.35%, based on published credit ratings of DXC.

⁽⁷⁾ At DXC’s option, the USD term loan bears interest at the Eurocurrency Rate for a one-, two-, three-, or six-month interest period, plus a margin of between 1.00% and 1.75%, based on published credit ratings of DXC or the Base Rate plus a margin of between 0% and 0.75%, based on published credit ratings of DXC.

⁽⁸⁾ The Company's revolving credit facility is available, subject to certain conditions, to repay short-term borrowings under the ECP.

⁽⁹⁾ Classified as short-term if the Company intends to repay within 12 months and as long-term otherwise.