XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Mar. 31, 2021
Cash flows from operating activities:          
Net income $ 102 $ 1,103 $ 197 $ 658  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     1,309 1,506  
Operating right-of-use expense     371 463  
Pension & other post-employment benefits, actuarial & settlement losses     7 2  
Share-based compensation     77 42  
Deferred taxes     17 (319)  
Gain on dispositions     (402) (2,023)  
Provision for losses on accounts receivable     1 52 $ 53
Unrealized foreign currency exchange gain     (20) (60)  
Impairment losses and contract write-offs     21 68  
Debt extinguishment costs 2 0 311 0  
Other non-cash charges, net     1 (2)  
Changes in assets and liabilities, net of effects of acquisitions and dispositions:          
Decrease in assets     386 88  
Decrease in operating lease liability     (371) (463)  
(Decrease) increase in other liabilities     (675) 392  
Net cash provided by operating activities     1,230 404  
Cash flows from investing activities:          
Purchases of property and equipment     (217) (215)  
Payments for transition and transformation contract costs     (152) (189)  
Software purchased and developed     (211) (209)  
Payments for acquisitions, net of cash acquired     0 (10)  
Business dispositions     519 4,942  
Cash collections related to deferred purchase price receivable     0 159  
Proceeds from sale of assets     95 27  
Short-term investing     24 0  
Other investing activities, net     35 (5)  
Net cash provided by investing activities     93 4,500  
Cash flows from financing activities:          
Borrowings of commercial paper     840 854  
Repayments of commercial paper     (821) (1,327)  
Borrowings under lines of credit     0 2,500  
Repayment of borrowings under lines of credit     0 (4,000)  
Borrowings on long-term debt     19 0  
Principal payments on long-term debt     (2,872) (2,926)  
Payments on finance leases and borrowings for asset financing     (855) (694)  
Proceeds from bond issuance     2,918 993  
Proceeds from stock options and other common stock transactions     12 1  
Taxes paid related to net share settlements of share-based compensation awards     (15) (5)  
Payments for debt extinguishment costs     (344) 0  
Repurchase of common stock and advance payment for accelerated share repurchase     (352) 0  
Dividend payments     0 (53)  
Other financing activities, net     10 (14)  
Net cash used in financing activities     (1,460) (4,671)  
Effect of exchange rate changes on cash and cash equivalents     25 20  
Net (decrease) increase in cash and cash equivalents including cash classified within current assets held for sale     (112) 253  
Cash classified within current assets held for sale     63 (13)  
Net (decrease) increase in cash and cash equivalents     (49) 240  
Cash and cash equivalents at beginning of year     2,968 3,679 3,679
Cash and cash equivalents at end of period $ 2,919 $ 3,919 $ 2,919 $ 3,919 $ 2,968