XML 18 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Mar. 31, 2017
[1]
Current assets:    
Cash and cash equivalents $ 2,517 $ 1,263
Receivables, net of allowance for doubtful accounts of $30 and $26 5,776 1,643
Prepaid expenses 641 223
Other current assets 641 118
Total current assets 9,575 3,247
Intangible assets, net of accumulated amortization of $2,390 and $2,293 6,850 1,794
Goodwill 8,774 1,855
Deferred income taxes, net 445 381
Property and equipment, net of accumulated depreciation of $3,209 and $2,816 3,334 903
Other assets 2,238 483
Total Assets 31,216 8,663
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,203 738
Accounts payable 1,961 410
Accrued payroll and related costs 912 248
Accrued expenses and other current liabilities 2,725 998
Deferred revenue and advance contract payments 1,164 518
Income taxes payable 126 38
Total current liabilities 8,091 2,950
Long-term debt, net of current maturities 6,249 2,225
Non-current deferred revenue 641 286
Non-current income tax liabilities and deferred tax liabilities 1,979 423
Other long-term liabilities 1,911 613
Total Liabilities 18,871 6,497
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $.01 per share, authorized 1,000,000 shares, none issued as of June 30, 2017 and March 31, 2017 0 0
Common stock, par value $.01 per share, authorized 750,000,000 shares, issued 285,316,466 as of June 30, 2017 and 141,298,797 as of March 31, 2017 3 1
Additional paid-in capital 12,122 2,219
Accumulated deficit (74) (170)
Accumulated other comprehensive income (loss) 7 (162)
Treasury stock, at cost, 658,819 and 0 shares (53) 0
Total DXC stockholders’ equity 12,005 1,888
Non-controlling interest in subsidiaries 340 278
Total Equity 12,345 2,166
Total Liabilities and Equity $ 31,216 $ 8,663
[1] Certain prior year amounts were adjusted to retroactively reflect the legal capital of DXC.