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Stock Incentive Plans (Tables)
9 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Share Based Compensation Shares Authorized Under Stock Option Plans
The Board has reserved for issuance shares of DXC common stock, par value $0.01 per share, under each of the plans as detailed below:
As of December 31, 2020
Reserved for IssuanceAvailable for Future Grants
DXC Employee Equity Plan51,200,000 32,794,274 
DXC Director Equity Plan745,000 435,951 
DXC Share Purchase Plan250,000 165,185 
Total52,195,000 33,395,410 
Disclosure of Share Based Compensation Arrangements by Share Based Payment Award
Stock Options
Number
of Option Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(in millions)
Outstanding as of March 31, 20201,869,815 $29.92 4.27$— 
Granted— $— 
Exercised(39,601)$17.43 $— 
Canceled/Forfeited— $— 
Expired(82,614)$31.24 
Outstanding as of December 31, 2020
1,747,600 $30.11 3.73$
Vested and exercisable as of December 31, 2020
1,747,600 $30.11 3.73$


Restricted Stocks
Employee Equity PlanDirector Equity Plan
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding as of March 31, 20204,174,476 $55.45 114,615 $37.69 
Granted7,576,602 $18.67 118,500 $18.82 
Settled(1,045,190)$50.65 (48,455)$26.90 
Canceled/Forfeited(2,042,804)$36.14 — $— 
Outstanding as of December 31, 2020
8,663,084 $28.43 184,660 $28.42 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-Based Compensation
Three Months EndedNine Months Ended
(in millions)December 31, 2020December 31, 2019December 31, 2020December 31, 2019
Total share-based compensation cost$$$42 $57 
Related income tax benefit $$(3)$$
Total intrinsic value of options exercised$— $$— $
Tax benefits from exercised stock options and awards$$$$13