Earnings Per Share (Tables)

12 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings per Share

The following table reflects the calculation of basic and diluted EPS:

	Successor				Predecessor
	Fiscal Years Ended				Five Months Ended March 31, 2017		Fiscal Year Ended October 31, 2016
(in millions, except per share amounts)	March 31, 2019		March 31, 2018
Net income	$	72	$	208	$	36	$	80
Common share information(1):
Weighted average common shares outstanding for basic EPS	164.56		142.43		142.43		142.43
Dilutive effect of stock options and equity awards	0.26		—		—		—
Weighted average common shares outstanding for diluted EPS	164.82		142.43		142.43		142.43
Earnings per common share:
Basic	$	0.44	$	1.46	$	0.25	$	0.56
Diluted	$	0.44	$	1.46	$	0.25	$	0.56

⁽¹⁾ Earnings per common share information for the fiscal year ended March 31, 2018, the five months ended March 31, 2017, and the fiscal year ended October 31, 2016 is computed using the 142.43 million shares of Perspecta common stock resulting from the Distribution as Perspecta did not operate as a stand-alone entity during the period, and therefore, no Perspecta common stock, stock options or other equity awards were outstanding and no dividends were declared or paid by Perspecta.

Schedule of Antidilutive Securities

The number of RSUs excluded were as follows:

(in millions)	March 31, 2019
RSUs	0.54