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



(in millions)	Interest Rates	Fiscal Year Maturities	December 31, 2018		March 31, 2018
Short-term debt and current maturities of long-term debt
Euro-denominated commercial paper⁽¹⁾	(0.1)% - 0.02%⁽²⁾	2019	$	800	$	863
Current maturities of long-term debt	Various	2019 - 2020	240		439
Current maturities of capitalized lease liabilities	1.0% - 12.0%	2019 - 2020	540		616
Short-term debt and current maturities of long-term debt			$	1,580	$	1,918

Long-term debt, net of current maturities
GBP term loan	1.3% - 1.5%⁽³⁾	2019	$	—	$	260
EUR term loan	1.75%⁽⁴⁾	2020	—		493
AUD term loan	2.72%⁽⁵⁾	2021	563		—
AUD term loan	2.9% - 3.3%⁽⁶⁾	2022	—		210
GBP term loan	1.60%⁽⁷⁾	2022	571		—
EUR term loan	0.9%⁽⁸⁾	2022	—		187
USD term loan	3.1% - 3.3%⁽⁹⁾	2022	—		899
$500 million Senior notes	2.875%	2020	501		502
$500 million Senior notes	3.0% - 3.3⁽¹⁰⁾	2021	497		646
$274 million Senior notes	4.45%	2023	277		278
$171 million Senior notes	4.45%	2023	172		173
$500 million Senior notes	4.25%	2025	507		507
£250 million Senior notes	2.75%	2025	315		346
€650 million Senior notes	1.75%	2026	738		—
$500 million Senior notes	4.75%	2028	509		509
$234 million Senior notes	7.45%	2030	275		277
Lease credit facility	2.8% - 3.5%	2019 - 2023	30		46
Capitalized lease liabilities	1.0% - 12.0%	2019 - 2024	1,182		1,235
Borrowings for assets acquired under long-term financing	2.3% - 4.1%	2019 - 2024	451		405
Mandatorily redeemable preferred stock outstanding	6.0%	2023	62		61
Other borrowings	0.5% - 7.4%	2019 - 2022	110		113
Long-term debt			6,760		7,147
Less: current maturities			780		1,055
Long-term debt, net of current maturities			$	5,980	$	6,092


⁽¹⁾	At DXC's option, DXC can borrow up to a maximum of €1 billion.


⁽²⁾	Approximate weighted average interest rate.

⁽³⁾ Three-month LIBOR rate plus 0.65%.

⁽⁴⁾ Three-month EURIBOR rate plus 1.75%.

⁽⁵⁾ Variable interest rate equal to the bank bill swap bid rate for a one-, two-, three- or six-month interest period plus 0.60% to 0.95% based on the published credit ratings of DXC.

⁽⁶⁾ 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.

⁽⁷⁾ Three-month LIBOR rate plus 0.80%.

⁽⁸⁾ 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.

⁽⁹⁾ 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 0.00% and 0.75%, based on published credit ratings of DXC.

⁽¹⁰⁾ Three-month LIBOR plus 0.95%.