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CONDENSED CONSOLIDATED COMBINED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 53 $ 72
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 138 70
Stock-based compensation 3 0
Deferred income tax benefit (11) 0
Gain on sale of assets (25) 0
Other non-cash charges, net (14) 7
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Change in receivables (4) 29
Change in prepaid expenses and other current assets (18) (5)
Change in accounts payable and accrued liabilities 92 98
Change in income taxes payable and income tax liability 6 0
Change in deferred revenue and advanced contract payments 13 8
Other operating activities, net 3 (5)
Net cash provided by operating activities 236 274
Cash flows from investing activities:    
Payments for acquisitions, net of cash acquired (312) 0
Extinguishment of Vencore HC and KGS HC debt and related costs (994) 0
Proceeds from sale of assets 24 0
Purchases of property, equipment and software (11) (5)
Payments for outsourcing contract costs (6) (6)
Net cash used in investing activities (1,299) (11)
Cash flows from financing activities:    
Principal payments on long-term debt (50) 0
Proceeds from debt issuance 2,500 0
Payment of debt issuance costs (43) 0
Proceeds from revolving credit facility 50 0
Payments on revolving credit facility (50) 0
Payments on lease liability (82) (76)
Repurchases of common stock (21) 0
Dividend to DXC (984) 0
Dividends paid to Perspecta stockholders (8) 0
Net transfers to Parent (88) (187)
Net cash provided by (used in) financing activities 1,224 (263)
Net increase in cash and cash equivalents, including restricted 161 0
Cash and cash equivalents, including restricted, at beginning of year 0 0
Cash and cash equivalents, including restricted, at end of period 161 0
Less restricted cash and cash equivalents included in prepaid expenses and other current assets 35 0
Cash and cash equivalents at end of period $ 126 $ 0