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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Dec. 31, 2017
Mar. 31, 2017
[1]
Current assets:    
Cash and cash equivalents $ 2,926 $ 1,263
Receivables, net of allowance for doubtful accounts of $39 and $26 5,611 1,643
Prepaid expenses 540 223
Other current assets 444 118
Total current assets 9,521 3,247
Intangible assets, net of accumulated amortization of $3,005 and $2,293 7,927 1,794
Goodwill 9,320 1,855
Deferred income taxes, net 458 381
Property and equipment, net of accumulated depreciation of $3,659 and $2,816 3,812 903
Other assets 2,544 483
Total Assets 33,582 8,663
Current liabilities:    
Short-term debt and current maturities of long-term debt 2,173 738
Accounts payable 1,510 410
Accrued payroll and related costs 813 248
Accrued expenses and other current liabilities 3,403 998
Deferred revenue and advance contract payments 1,524 518
Income taxes payable 215 38
Total current liabilities 9,638 2,950
Long-term debt, net of current maturities 6,367 2,225
Non-current deferred revenue 856 286
Non-current income tax liabilities and deferred tax liabilities 1,523 423
Other long-term liabilities 1,996 613
Total Liabilities 20,380 6,497
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $.01 per share, authorized 1,000,000 shares, none issued as of December 31, 2017 and March 31, 2017 0 0
Common stock, par value $.01 per share, authorized 750,000,000 shares, issued 286,553,833 as of December 31, 2017 and 141,298,797 as of March 31, 2017 3 1
Additional paid-in capital 12,201 2,219
Retained earnings (accumulated deficit) 834 (170)
Accumulated other comprehensive loss (118) (162)
Treasury stock, at cost, 1,000,856 and 0 shares as of December 31, 2017 and March 31, 2017 (83) 0
Total DXC stockholders’ equity 12,837 1,888
Non-controlling interest in subsidiaries 365 278
Total Equity 13,202 2,166
Total Liabilities and Equity $ 33,582 $ 8,663
[1] Certain prior year amounts were adjusted to retroactively reflect the legal capital of DXC.