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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 3,679 $ 2,899
Receivables and contract assets, net of allowance for doubtful accounts of $74 and $60 4,392 5,181
Prepaid expenses 646 627
Other current assets 270 359
Total current assets 8,987 9,066
Intangible assets, net of accumulated amortization of $4,347 and $3,399 5,731 5,939
Operating right-of-use assets, net 1,428  
Goodwill 2,017 7,606
Deferred income taxes, net 265 355
Property and equipment, net of accumulated depreciation of $3,818 and $3,958 3,547  
Property and equipment, net of accumulated depreciation of $3,818 and $3,958   3,179
Other assets 4,031 3,429
Total Assets 26,006 29,574
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,276 1,942
Accounts payable 1,598 1,666
Accrued payroll and related costs 630 652
Current operating lease liabilities 482  
Accrued expenses and other current liabilities 2,801 3,355
Deferred revenue and advance contract payments 1,021 1,630
Income taxes payable 87 208
Total current liabilities 7,895 9,453
Long-term debt, net of current maturities 8,672 5,470
Non-current deferred revenue 735 256
Non-current operating lease liabilities 1,063  
Non-current pension obligations 761 790
Non-current income tax liabilities and deferred tax liabilities 1,157 1,184
Other long-term liabilities 594 696
Total Liabilities 20,877 17,849
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued as of March 31, 2020 and March 31, 2019 0 0
Common stock, par value $0.01 per share; authorized 750,000,000 shares; issued 255,674,040 as of March 31, 2020 and 270,213,891 as of March 31, 2019 3 3
Additional paid-in capital 10,714 11,301
(Accumulated deficit) retained earnings (5,177) 478
Accumulated other comprehensive loss (603) (244)
Treasury stock, at cost, 2,148,708 and 1,788,658 shares as of March 31, 2020 and March 31, 2019 (152) (136)
Total DXC stockholders’ equity 4,785 11,402
Non-controlling interest in subsidiaries 344 323
Total Equity 5,129 11,725
Total Liabilities and Equity $ 26,006 $ 29,574