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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,079 $ 3,679
Receivables and contract assets, net of allowance of $162 and $74 4,194 4,392
Prepaid expenses 604 646
Other current assets 335 270
Assets held for sale 125 0
Total current assets 8,337 8,987
Intangible assets, net of accumulated amortization of $4,364 and $4,347 4,146 5,731
Operating right-of-use assets, net 1,555 1,428
Goodwill 725 2,017
Deferred income taxes, net 292 265
Property and equipment, net of accumulated depreciation of $4,198 and $3,818 3,417 3,547
Other assets 4,360 4,031
Assets held for sale - non-current 2,838 0
Total Assets 25,670 26,006
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,622 1,276
Accounts payable 1,345 1,598
Accrued payroll and related costs 756 630
Current operating lease liabilities 461 482
Accrued expenses and other current liabilities 3,203 2,801
Deferred revenue and advance contract payments 974 1,021
Income taxes payable 111 87
Liabilities related to assets held for sale 184 0
Total current liabilities 8,656 7,895
Long-term debt, net of current maturities 8,046 8,672
Non-current deferred revenue 697 735
Non-current operating lease liabilities 1,192 1,063
Non-current income tax liabilities and deferred tax liabilities 917 1,157
Other long-term liabilities 1,325 1,355
Liabilities related to assets held for sale - non-current 86 0
Total Liabilities 20,919 20,877
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $.01 per share, 1,000,000 shares authorized, none issued as of September 30, 2020 and March 31, 2020 0 0
Common stock, par value $.01 per share, 750,000,000 shares authorized, 256,521,547 issued as of September 30, 2020 and 255,674,040 issued as of March 31, 2020 3 3
Additional paid-in capital 10,746 10,714
Accumulated deficit (5,631) (5,177)
Accumulated other comprehensive loss (562) (603)
Treasury stock, at cost, 2,327,868 and 2,148,708 shares as of September 30, 2020 and March 31, 2020 (155) (152)
Total DXC stockholders’ equity 4,401 4,785
Non-controlling interest in subsidiaries 350 344
Total Equity 4,751 5,129
Total Liabilities and Equity $ 25,670 $ 26,006