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Commitments and Contingencies (Tables)
12 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-term Purchase Agreements Minimum purchase commitments as of March 31, 2020 were as follows:
Fiscal year
 
Minimum Purchase Commitment (1)
(in millions)
 
2021
 
$
1,911

2022
 
645

2023
 
535

2024
 
261

2025
 
25

Thereafter
 

     Total
 
$
3,377


        

(1) A significant portion of the minimum purchase commitments in 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 March 31, 2020:
(in millions)
 
Fiscal 2021
 
Fiscal 2022
 
Fiscal 2023 and Thereafter
 
Totals
Surety bonds
 
$
374

 
$
83

 
$
85

 
$
542

Letters of credit
 
102

 
96

 
397

 
595

Stand-by letters of credit
 
75

 
78

 
25

 
178

Totals
 
$
551

 
$
257

 
$
507

 
$
1,315