XML 18 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Dec. 31, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,919 $ 2,968
Receivables and contract assets, net of allowance of $78 and $91 3,670 4,156
Prepaid expenses 600 567
Other current assets 314 517
Total current assets 7,503 8,208
Intangible assets, net of accumulated amortization of $4,997 and $4,422 3,575 4,043
Operating right-of-use assets, net 1,122 1,366
Goodwill 629 641
Deferred income taxes, net 259 289
Property and equipment, net of accumulated depreciation of $4,062 and $4,121 2,555 2,946
Other assets 4,310 4,545
Total Assets 19,953 22,038
Current liabilities:    
Short-term debt and current maturities of long-term debt 706 1,167
Accounts payable 759 914
Accrued payroll and related costs 563 698
Current operating lease liabilities 386 418
Accrued expenses and other current liabilities 3,111 3,476
Deferred revenue and advance contract payments 1,001 1,079
Income taxes payable 202 398
Total current liabilities 6,728 8,150
Long-term debt, net of current maturities 4,236 4,345
Non-current deferred revenue 882 622
Non-current operating lease liabilities 805 1,038
Non-current income tax liabilities and deferred tax liabilities 779 854
Other long-term liabilities 1,436 1,721
Total Liabilities 14,866 16,730
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $0.01 per share, 1,000,000 shares authorized, none issued as of December 31, 2021 and March 31, 2021 0 0
Common stock, par value $0.01 per share, 750,000,000 shares authorized, 248,356,181 issued as of December 31, 2021 and 257,052,533 issued as of March 31, 2021 3 3
Additional paid-in capital 10,383 10,761
Accumulated deficit (5,058) (5,331)
Accumulated other comprehensive loss (385) (302)
Treasury stock, at cost, 2,807,321 and 2,458,027 shares as of December 31, 2021 and March 31, 2021 (171) (158)
Total DXC stockholders’ equity 4,772 4,973
Non-controlling interest in subsidiaries 315 335
Total Equity 5,087 5,308
Total Liabilities and Equity $ 19,953 $ 22,038