XML 85 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stock Incentive Plans (Tables)
9 Months Ended
Dec. 31, 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 December 31, 2019
 
 
Reserved for Issuance
 
Available for Future Grants
DXC Employee Equity Plan
 
34,200,000

 
19,613,146

DXC Director Equity Plan
 
230,000

 
33,451

DXC Share Purchase Plan
 
250,000

 
216,969

Total
 
34,680,000

 
19,863,566


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
 
(315,655
)
 
$
31.87

 
 
 
$
8

Canceled/Forfeited
 
(618
)
 
$
48.60

 
 
 
 
Expired
 
(106,902
)
 
$
34.46

 
 
 
 
Outstanding as of December 31, 2019
 
1,895,593

 
$
29.92

 
4.69
 
$
18

Vested and expected to vest in the future as of December 31, 2019
 
1,895,481

 
$
29.92

 
4.69
 
$
18

Exercisable as of December 31, 2019
 
1,893,723

 
$
29.89

 
4.69
 
$
18


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
 
2,932,783

 
$
47.45

 
68,200

 
$
35.70

Settled
 
(986,573
)
 
$
54.57

 
(23,335
)
 
$
60.90

Canceled/Forfeited
 
(571,475
)
 
$
61.39

 

 
$

Outstanding as of December 31, 2019
 
4,184,510

 
$
57.18

 
120,615

 
$
37.49


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

 
 
Three Months Ended
 
Nine Months Ended
(in millions)
 
December 31, 2019
 
December 31, 2018
 
December 31, 2019
 
December 31, 2018
Total share-based compensation cost
 
$
9

 
$
16

 
$
57

 
$
57

Related income tax benefit
 
$
(3
)
 
$
5

 
$
8

 
$
11

Total intrinsic value of options exercised
 
$
1

 
$
3

 
$
8

 
$
38

Tax benefits from exercised stock options and awards
 
$
3

 
$
13

 
$
13

 
$
32