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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,509 $ 3,679
Receivables and contract assets, net of allowance of $104 and $74 4,271 4,392
Prepaid expenses 667 646
Other current assets 261 270
Total current assets 10,708 8,987
Intangible assets, net of accumulated amortization of $4,627 and $4,347 5,540 5,731
Operating right-of-use assets, net 1,602 1,428
Goodwill 2,057 2,017
Deferred income taxes, net 285 265
Property and equipment, net of accumulated depreciation of $4,072 and $3,818 3,503 3,547
Other assets 4,199 4,031
Total Assets 27,894 26,006
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,682 1,276
Accounts payable 1,522 1,598
Accrued payroll and related costs 766 630
Current operating lease liabilities 488 482
Accrued expenses and other current liabilities 2,756 2,801
Deferred revenue and advance contract payments 1,030 1,021
Income taxes payable 81 87
Total current liabilities 8,325 7,895
Long-term debt, net of current maturities 10,334 8,672
Non-current deferred revenue 733 735
Non-current operating lease liabilities 1,208 1,063
Non-current income tax liabilities and deferred tax liabilities 1,075 1,157
Other long-term liabilities 1,277 1,355
Total Liabilities 22,952 20,877
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $.01 per share, 1,000,000 shares authorized, none issued as of June 30, 2020 and March 31, 2020 0 0
Common stock, par value $.01 per share, 750,000,000 shares authorized, 256,382,532 issued as of June 30, 2020 and 255,674,040 issued as of March 31, 2020 3 3
Additional paid-in capital 10,729 10,714
Accumulated deficit (5,386) (5,177)
Accumulated other comprehensive loss (599) (603)
Treasury stock, at cost, 2,291,790 and 2,148,708 shares as of June 30, 2020 and March 31, 2020 (154) (152)
Total DXC stockholders’ equity 4,593 4,785
Non-controlling interest in subsidiaries 349 344
Total Equity 4,942 5,129
Total Liabilities and Equity $ 27,894 $ 26,006