XML 79 R55.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue (Tables)
12 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Summary of Revenue Disaggregated by Geography
The following table presents DXC's revenues disaggregated by geography, based on the location of incorporation of the DXC entity providing the related goods or services:
Twelve Months Ended
(in millions)March 31, 2021March 31, 2020March 31, 2019
United States$5,983 $7,225 $7,677 
U.K.2,413 2,776 3,175 
Other Europe5,129 5,121 5,294 
Australia1,529 1,487 1,582 
Other International2,675 2,968 3,025 
Total Revenues$17,729 $19,577 $20,753 
Summary of Contract Assets and Liabilities
The following table provides information about the balances of the Company's trade receivables and contract assets and contract liabilities:
As of
(in millions)March 31, 2021March 31, 2020
Trade receivables, net $2,871 $3,059 
Contract assets $351 $454 
Contract liabilities$1,701 $1,756 

Change in contract liabilities were as follows:
(in millions)Twelve Months Ended March 31, 2021Twelve Months Ended March 31, 2020
Balance, beginning of period$1,756 $1,886 
Deferred revenue2,933 2,910 
Recognition of deferred revenue(2,922)(2,925)
Currency translation adjustment128 (48)
Other(1)
(194)(67)
Balance, end of period$1,701 $1,756 
        

(1) Other included contract liabilities of $52 million related to the divested HHS business discussed in Note 3 - "Divestitures" and $62 million related to HPS business and other insignificant businesses reclassified to assets held for sale discussed in Note 4 - "Assets Held for Sale".
Summary of Capitalized Contract Costs
The following tables provides information about the Company’s capitalized costs to obtain and fulfill a contract:
As of
(in millions)March 31, 2021March 31, 2020
Capitalized sales commission costs(1)
$256 $262 
Transition and transformation contract costs, net(2)
$888 $874 

Amortization expense of capitalized sales commission and transition and transformation contract costs were as follows:
Fiscal Years Ended
(in millions)March 31, 2021March 31, 2020March 31, 2019
Capitalized sales commission costs amortization(1)
$70 $72 $62 
Transition and transformation contract cost amortization(2)
$264 $280 $258 
        

(1)Capitalized sales commission costs are included within other assets in the accompanying balance sheets and amortization expense related to the capitalized sales commission assets are included in selling, general, and administrative expenses in the accompanying statements of operations.
(2)Transition and transformation contract costs, net reflect the Company’s setup costs incurred upon initiation of an outsourcing contract that are classified as other assets in the accompanying balance sheets and amortization expense are included within depreciation and amortization in the accompanying statements of operations.