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Stock Incentive Plans (Tables)
6 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Share Based Compensation Shares Authorized Under Stock Option Plans
The Board has reserved for issuance shares of DXC common stock, par value $0.01 per share, under each of the plans as detailed below:
 
 
As of September 30, 2019
 
 
Reserved for issuance
 
Available for future grants
DXC Employee Equity Plan
 
34,200,000

 
19,790,522

DXC Director Equity Plan
 
230,000

 
33,451

DXC Share Purchase Plan
 
250,000

 
224,908

Total
 
34,680,000

 
20,048,881


Disclosure of Share Based Compensation Arrangements by Share Based Payment Award
Stock Options
 
 
Number
of Option Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
(in millions)
Outstanding as of March 31, 2019
 
2,318,768

 
$
30.40

 
4.80
 
$
79

Granted
 

 
$

 
 
 
 
Exercised
 
(301,909
)
 
$
32.20

 
 
 
$
7

Canceled/Forfeited
 
(618
)
 
$
48.60

 
 
 
 
Expired
 
(91,442
)
 
$
33.37

 
 
 
 
Outstanding as of September 30, 2019
 
1,924,799

 
$
29.97

 
4.90
 
$
8

Vested and expected to vest in the future as of September 30, 2019
 
1,924,648

 
$
29.97

 
4.90
 
$
8

Exercisable as of September 30, 2019
 
1,922,449

 
$
29.94

 
4.90
 
$
8


Restricted Stock

 
 
Employee Equity Plan
 
Director Equity Plan
 
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
Outstanding as of March 31, 2019
 
2,809,775

 
$
67.27

 
75,750

 
$
46.31

Granted
 
2,656,777

 
$
48.56

 
68,200

 
$
35.70

Settled
 
(668,412
)
 
$
49.70

 
(21,971
)
 
$
63.82

Canceled/Forfeited
 
(486,330
)
 
$
61.43

 

 
$

Outstanding as of September 30, 2019
 
4,311,810

 
$
59.13

 
121,979

 
$
37.23


Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-Based Compensation

 
 
Three Months Ended
 
Six Months Ended
(in millions)
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Total share-based compensation cost
 
$
30

 
$
19

 
$
48

 
$
41

Related income tax benefit
 
$
7

 
$
3

 
$
11

 
$
6

Total intrinsic value of options exercised
 
$
1

 
$
25

 
$
7

 
$
35

Tax benefits from exercised stock options and awards
 
$
1

 
$
14

 
$
10

 
$
19