Debt (Tables)

9 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Debt

The following is a summary of the Company’s outstanding debt as of December 31, 2018:

	Interest Rates	Maturities	December 31, 2018 (in millions)
Revolving Credit Facility	LIBOR + 1.50%	May 2023	$	—
Term Loan A Facilities (Tranche 1)	LIBOR + 1.375%	May 2021	312
Term Loan A Facilities (Tranche 2)	LIBOR + 1.50%	May 2023	1,608
Term Loan B Facility	LIBOR + 2.25%	May 2025	498
Subtotal senior secured credit facilities			2,418
Senior unsecured EDS Notes	7.45%	October 2029	66
Total debt			2,484
Less: current maturities of long-term debt, net(1)			(79		)
Less: unamortized debt issuance costs and premiums(2)			(21		)
Total long-term debt, net of current maturities			$	2,384

⁽¹⁾ Current maturities of long-term debt are presented net of $8 million of debt issuance costs associated with the Term Loan A Facilities and Term Loan B Facility.

⁽²⁾ Includes $12 million of unamortized premiums on the assumed Electronic Data Systems Corporation (“EDS”) Notes resulting from the application of fair value accounting associated with the merger of the Enterprise Services business unit (“HPES”) of Hewlett Packard Enterprise Company (“HPE”) and Computer Sciences Corporation to form DXC.

Schedule of Expected Maturities of Long-term Debt

Expected maturities of long-term debt are as follows:

Fiscal Year	(in millions)
Remainder of fiscal year 2019	$	22
2020	88
2021	88
2022	399
2023	88
Thereafter	1,799
Total	$	2,484