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Debt (Tables)
 9 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The following is a summary of the Company's debt:
(in millions)Interest RatesFiscal Year MaturitiesDecember 31, 2020March 31, 2020
Short-term debt and current maturities of long-term debt
Commercial paper(1)
(0.22)% - 0.44%
2021 - 2022$112 $542 
Current maturities of long-term debt
Various2021 - 2022252 290 
Current maturities of finance lease liabilities
0.62% - 18.47%
2021 - 2022431 444 
Short-term debt and current maturities of long-term debt$795 $1,276 
Long-term debt, net of current maturities
AUD term loan
0.94% - 0.96%
2022— 489 
GBP term loan
0.88% - 1.46%
2022— 556 
EUR term loan
0.65%
2022 - 2023— 822 
EUR term loan
0.80%(2)
2023 - 2024488 821 
USD term loan
1.40% - 2.24%
2025— 480 
$274 million Senior notes
4.45%2023276 276 
$171 million Senior notes
4.45%2023172 172 
$500 million Senior notes
4.25%2025504 505 
$500 million Senior notes
4.00%2024497 — 
$500 million Senior notes
4.13%2026496 — 
£250 million Senior notes
2.75%2025339 307 
€650 million Senior notes
1.75%2026792 709 
$500 million Senior notes
4.75%2028507 507 
$234 million Senior notes
7.45%2030269 271 
Revolving credit facility
1.26% - 2.08%
2024 - 2025— 1,500 
Lease credit facility
1.15% - 1.99%
2021 - 2023— 11 
Finance lease liabilities
0.62% - 18.47%
2021 - 2027976 1,046 
Borrowings for assets acquired under long-term financing
0.00% - 6.39%
2021 - 2027742 802 
Mandatorily redeemable preferred stock outstanding6.00%202363 62 
Other borrowingsVarious2021 - 20226 70 
Long-term debt6,127 9,406 
Less: current maturities 683 734 
Long-term debt, net of current maturities$5,444 $8,672 
        

(1)At DXC's option, DXC can borrow up to a maximum of €1 billion or its equivalent in €, £, and $.
(2) At DXC's option, the EUR term loan bears interest at the Eurocurrency Rate for a one-, two-, three-, or six-month interest period, plus a margin between 0.55% and 1.05%, based on published credit ratings of DXC.