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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,919 $ 3,679
Receivables and contract assets, net of allowance of $199 and $74 4,130 4,392
Prepaid expenses 586 646
Other current assets 470 270
Total current assets 9,105 8,987
Intangible assets, net of accumulated amortization of $4,545 and $4,347 4,019 5,731
Operating right-of-use assets, net 1,459 1,428
Goodwill 736 2,017
Deferred income taxes, net 315 265
Property and equipment, net of accumulated depreciation of $4,295 and $3,818 3,321 3,547
Other assets 4,679 4,031
Total Assets 23,634 26,006
Current liabilities:    
Short-term debt and current maturities of long-term debt 795 1,276
Accounts payable 852 1,598
Accrued payroll and related costs 741 630
Current operating lease liabilities 450 482
Accrued expenses and other current liabilities 3,285 2,801
Deferred revenue and advance contract payments 1,102 1,021
Income taxes payable 1,045 87
Total current liabilities 8,270 7,895
Long-term debt, net of current maturities 5,444 8,672
Non-current deferred revenue 666 735
Non-current operating lease liabilities 1,113 1,063
Non-current income tax liabilities and deferred tax liabilities 792 1,157
Other long-term liabilities 1,354 1,355
Total Liabilities 17,639 20,877
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $.01 per share, 1,000,000 shares authorized, none issued as of December 31, 2020 and March 31, 2020 0 0
Common stock, par value $.01 per share, 750,000,000 shares authorized, 256,800,719 issued as of December 31, 2020 and 255,674,040 issued as of March 31, 2020 3 3
Additional paid-in capital 10,748 10,714
Accumulated deficit (4,533) (5,177)
Accumulated other comprehensive loss (407) (603)
Treasury stock, at cost, 2,410,917 and 2,148,708 shares as of December 31, 2020 and March 31, 2020 (156) (152)
Total DXC stockholders’ equity 5,655 4,785
Non-controlling interest in subsidiaries 340 344
Total Equity 5,995 5,129
Total Liabilities and Equity $ 23,634 $ 26,006