Revenue

9 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenue Recognition

The following table presents our revenues disaggregated by geography, based on the location of incorporation of the DXC entity providing the related goods or services:



	Three Months Ended				Nine Months Ended
(in millions)	December 31, 2019		December 31, 2018		December 31, 2019		December 31, 2018
United States	$	1,843	$	1,917	$	5,500	$	5,667
United Kingdom	707		749		2,100		2,309
Australia	380		377		1,119		1,222
Other Europe	1,329		1,384		3,819		3,994
Other International	762		751		2,224		2,281
Total Revenues	$	5,021	$	5,178	$	14,762	$	15,473

The revenue by geography pertains to both of the Company’s reportable segments. Refer to Note 20 - "Segment Information" for the Company’s segment disclosures.

Remaining Performance Obligations

Remaining performance obligations represent the aggregate amount of the transaction price in contracts allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligation estimates are subject to change and are affected by several factors, including terminations, changes in the scope of contracts, periodic revalidations, adjustments for revenue that has not materialized and adjustments for currency. As of December 31, 2019, approximately $25.6 billion of revenue is expected to be recognized from remaining performance obligations. We expect to recognize revenue on approximately 15% of these remaining performance obligations in fiscal 2020, with the remainder of the balance recognized thereafter.

Contract Balances

The following table provides information about the balances of the Company's trade receivables and contract assets and contract liabilities:



	As of
(in millions)	December 31, 2019		March 31, 2019
Trade receivables, net	$	3,233	$	3,232
Contract assets	$	463	$	390
Contract liabilities	$	1,816	$	1,886

Change in contract liabilities were as follows:



(in millions)	Nine Months Ended December 31, 2019
Balance, beginning of period	$	1,886
Deferred revenue	2,091
Recognition of deferred revenue	(2,137		)
Currency translation adjustment	12
Other	(36		)
Balance, end of period	$	1,816