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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,968 $ 3,679
Receivables and contract assets, net of allowance for doubtful accounts of $91 and $74 4,156 4,392
Prepaid expenses 567 646
Other current assets 357 270
Assets held for sale 160 0
Total current assets 8,208 8,987
Intangible assets, net of accumulated amortization of $4,422 and $4,347 4,043 5,731
Operating right-of-use assets, net 1,366 1,428
Goodwill 641 2,017
Deferred income taxes, net 289 265
Property and equipment, net of accumulated depreciation of $4,121 and $3,818 2,946 3,547
Other assets 4,192 4,031
Assets held for sale - non-current 353 0
Total Assets 22,038 26,006
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,167 1,276
Accounts payable 914 1,598
Accrued payroll and related costs 698 630
Current operating lease liabilities 418 482
Accrued expenses and other current liabilities 3,358 2,801
Deferred revenue and advance contract payments 1,079 1,021
Income taxes payable 398 87
Liabilities related to assets held for sale 118 0
Total current liabilities 8,150 7,895
Long-term debt, net of current maturities 4,345 8,672
Non-current deferred revenue 622 735
Non-current operating lease liabilities 1,038 1,063
Non-current pension obligations 793 761
Non-current income tax liabilities and deferred tax liabilities 854 1,157
Other long-term liabilities 908 594
Liabilities related to assets held for sale - non-current 20 0
Total Liabilities 16,730 20,877
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued as of March 31, 2021 and March 31, 2020 0 0
Common stock, par value $0.01 per share; authorized 750,000,000 shares; issued 257,052,533 as of March 31, 2021 and 255,674,040 as of March 31, 2020 3 3
Additional paid-in capital 10,761 10,714
Accumulated deficit (5,331) (5,177)
Accumulated other comprehensive loss (302) (603)
Treasury stock, at cost, 2,458,027 and 2,148,708 shares as of March 31, 2021 and March 31, 2020 (158) (152)
Total DXC stockholders’ equity 4,973 4,785
Non-controlling interest in subsidiaries 335 344
Total Equity 5,308 5,129
Total Liabilities and Equity $ 22,038 $ 26,006