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Sale of Receivables (Tables)
6 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Summary of Transfer of Assets Accounted for as Sales, Deferred Purchase Price
The following table is a reconciliation of the beginning and ending balances of the DPP:
(in millions)
 
As of and for the Three Months Ended
 
As of and for the Six Months Ended
 
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Beginning balance
 
$
525

 
$
207

 
$
574

 
$
233

    Transfers of receivables
 

 
2,436

 
1,214

 
2,976

Collections
 

 
(1,378
)
 
(1,265
)
 
(1,900
)
Change in funding availability
 

 
(295
)
 
2

 
(310
)
Facility amendments
 
(525
)
 
(457
)
 
(525
)
 
(457
)
Fair value adjustment
 

 
27

 

 
(2
)
Ending balance
 
$

 
$
540

 
$

 
$
540



The following table reflects activity of the Federal Receivables Sales Facility, prior to the Separation:
(in millions)
 
As of and for the
Six Months Ended
September 30, 2018
(1)
Transfers of receivables
 
$
464

Collections
 
$
521

Operating cash flow effect
 
$
(57
)

        

(1) Results for the six months ended September 30, 2018 reflect operations through the Separation date of May 31, 2018, not the full six-month period.