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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total DXC Equity
Non-Controlling Interest
As Previously Reported
As Previously Reported
Common Stock
As Previously Reported
Additional Paid-in Capital
As Previously Reported
Retained Earnings (Accumulated Deficit)
As Previously Reported
Accumulated Other Comprehensive Income (Loss)
As Previously Reported
Treasury Stock
As Previously Reported
Total DXC Equity
As Previously Reported
Non-Controlling Interest
Restatement Adjustment
Restatement Adjustment
Common Stock
[1]
Restatement Adjustment
Additional Paid-in Capital
[1]
Restatement Adjustment
Retained Earnings (Accumulated Deficit)
Restatement Adjustment
Treasury Stock
[1]
Restatement Adjustment
Total DXC Equity
Balance (in shares) at Mar. 31, 2017   141,299,000               151,932,000               (10,633,000)        
Balance at Mar. 31, 2017 $ 2,166 $ 1 $ 2,219 $ (170) $ (162) $ 0 $ 1,888 $ 278 $ 2,166 $ 152 $ 2,565 $ (170) $ (162) $ (497) $ 1,888 $ 278 $ 0 [1] $ (151) $ (346)   $ 497  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Business acquired in purchase, net of issuance costs (in shares) [2]   141,741,000                                        
Business acquired in purchase, net of issuance costs [2] 9,900 $ 2 9,848       9,850 50                            
Net (loss) income 1,782 [3]     1,751     1,751 31                            
Other comprehensive Income (loss) 220       220   220                            
Share-based compensation expense 92   92       92                              
Acquisition of treasury stock (85)         (85) (85)                              
Share repurchase program (in shares)   (1,538,000)                                        
Share repurchase program (137)   (66) (71)     (137)                              
Stock option exercises and other common stock transactions (in shares)   4,891,000                                        
Stock option exercises and other common stock transactions 117   117       117                              
Dividends declared (209)     (209)     (209)                              
Non-controlling interest distributions and other (9)             (9)                            
Balance (in shares) at Mar. 31, 2018   286,393,000               286,393,000                        
Balance at Mar. 31, 2018 13,837 $ 3 12,210 1,301 58 (85) 13,487 350 $ 13,837 $ 3 $ 12,210 $ 1,301 $ 58 $ (85) [4] $ 13,487 $ 350 $ 114     $ 114   $ 114
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net (loss) income 1,262     1,257     1,257 5                            
Other comprehensive Income (loss) (305)       (302)   (302) (3)                            
Share-based compensation expense 74   74       74                              
Acquisition of treasury stock (51)         (51) [4] (51)                              
Share repurchase program (in shares)   (19,343,000)                                        
Share repurchase program $ (1,339)   (845) (494)     (1,339)                              
Stock option exercises and other common stock transactions (in shares) 969,103 3,164,000                                        
Stock option exercises and other common stock transactions $ 37   37       37                              
Dividends declared (209)     (209)     (209)                              
Non-controlling interest distributions and other (29)             (29)                            
Divestiture of USPS (1,666)   (175) (1,491)     (1,666)                              
Balance (in shares) at Mar. 31, 2019   270,214,000                                        
Balance at Mar. 31, 2019 $ 11,725 $ 3 11,301 478 (244) (136) [4],[5] 11,402 323                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Treasury shares 1,788,658                                          
Net (loss) income $ (5,358)     (5,369)     (5,369) 11                            
Other comprehensive Income (loss) (348)       (359)   (359) 11                            
Share-based compensation expense 70   70       70                              
Acquisition of treasury stock (16)         (16) [5] (16)                              
Share repurchase program (in shares)   (15,934,000)                                        
Share repurchase program (736)   (669) (67)     (736)                              
Stock option exercises and other common stock transactions (in shares)   1,394,000                                        
Stock option exercises and other common stock transactions 12   12       12                              
Dividends declared (219)     (219)     (219)                              
Non-controlling interest distributions and other (1)             (1)                            
Balance (in shares) at Mar. 31, 2020   255,674,000                                        
Balance at Mar. 31, 2020 $ 5,129 $ 3 $ 10,714 $ (5,177) $ (603) $ (152) [5] $ 4,785 $ 344                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Treasury shares 2,148,708                                          
[1] Certain prior year amounts were adjusted to retroactively reflect the legal capital of DXC.
[2] See Note 2 - "Acquisitions"
[3] As a result of the USPS Separation, the Consolidated Statements of Operations, Consolidated Balance Sheets, and related financial information reflect USPS's operations and assets and liabilities as discontinued operations for all periods presented. The cash flows of USPS have not been segregated and are included in the Consolidated Statement of Cash flows for the fiscal year ended March 31, 2018 and through the separation date of May 31, 2018 in the Consolidated Statement of Cash Flows for the fiscal year ended March 31, 2019.
[4]
1,788,658 treasury shares as of March 31, 2019
[5]
2,148,708 treasury shares as of March 31, 2020