Commitments and Contingencies (Tables)

9 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Long-term Purchase Agreements

Minimum purchase commitments as of December 31, 2019 were as follows:

Fiscal year	Minimum Purchase Commitment(1)
(in millions)
Remainder of 2020	$	394
2021	1,951
2022	647
2023	537
2024	261
Thereafter	25
Total	$	3,815

⁽¹⁾ A significant portion of the minimum purchase commitments for fiscal 2020 and fiscal 2021 relate to the amounts committed under the HPE preferred vendor agreements.

Expiration of Financial Guarantees And Stand-by Letters Of Credit Outstanding

The following table summarizes the expiration of the Company’s financial guarantees and stand-by letters of credit outstanding as of December 31, 2019:

(in millions)	Fiscal 2020		Fiscal 2021		Fiscal 2022 and Thereafter		Totals
Surety bonds	$	20	$	334	$	161	$	515
Letters of credit	104		68		411		583
Stand-by letters of credit	60		99		31		190
Totals	$	184	$	501	$	603	$	1,288