CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Millions	Jun. 30, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,576	$ 1,858
Receivables and contract assets, net of allowance of $43 and $47	3,285	3,441
Prepaid expenses	652	565
Other current assets	231	255
Assets held for sale	0	5
Total current assets	5,744	6,124
Intangible assets, net of accumulated amortization of $5,849 and $5,670	2,441	2,569
Operating right-of-use assets, net	849	909
Goodwill	539	539
Deferred income taxes, net	512	460
Property and equipment, net of accumulated depreciation of $4,166 and $4,111	1,922	1,979
Other assets	3,281	3,247
Assets held for sale - non-current	5	18
Total Assets	15,293	15,845
Current liabilities:
Short-term debt and current maturities of long-term debt	694	500
Accounts payable	701	782
Accrued payroll and related costs	613	569
Current operating lease liabilities	303	317
Accrued expenses and other current liabilities	1,587	1,836
Deferred revenue and advance contract payments	1,008	1,054
Income taxes payable	151	120
Liabilities related to assets held for sale	0	9
Total current liabilities	5,057	5,187
Long-term debt, net of current maturities	3,891	3,900
Non-current deferred revenue	749	788
Non-current operating lease liabilities	598	648
Non-current income tax liabilities and deferred tax liabilities	579	587
Other long-term liabilities	816	912
Liabilities related to assets held for sale - non-current	0	3
Total Liabilities	11,690	12,025
Commitments and contingencies
DXC stockholders’ equity:
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued as of June 30, 2023 and March 31, 2023	0	0
Common stock, par value $0.01 per share; authorized 750,000,000 shares; issued 210,584,214 as of June 30, 2023 and 218,058,482 as of March 31, 2023	2	2
Additional paid-in capital	8,677	9,121
Accumulated deficit	(4,445)	(4,665)
Accumulated other comprehensive loss	(739)	(774)
Treasury stock, at cost, 4,507,506 and 3,333,592 shares as of June 30, 2023 and March 31, 2023	(217)	(187)
Total DXC stockholders’ equity	3,278	3,497
Non-controlling interest in subsidiaries	325	323
Total Equity	3,603	3,820
Total Liabilities and Equity	$ 15,293	$ 15,845