Debt (Tables)

6 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The following is a summary of the Company’s outstanding debt:

(in millions)	Interest Rates	Maturities	September 30, 2019			March 31, 2019
Revolving Credit Facility	LIBOR + 1.50%	August 2024	$	175		$	—
Term Loan A Facilities (Tranche 1)	LIBOR + 1.375%	August 2022	200			246
Term Loan A Facilities (Tranche 2)	LIBOR + 1.50%	August 2024	1,593			1,588
Term Loan B Facility	LIBOR + 2.25%	May 2025	494			497
Subtotal senior secured credit facilities			2,462			2,331
Senior unsecured EDS Notes	7.45%	October 2029	66			66
Other secured borrowings			14			—
Total debt			2,542			2,397
Less: current maturities of long-term debt, net(1)			(87		)	(80		)
Less: unamortized debt issuance costs and premiums(2)			(20		)	(20		)
Total long-term debt, net of current maturities			$	2,435		$	2,297

⁽¹⁾ Current maturities of long-term debt are presented net of $6 million and $8 million of debt issuance costs associated with the Term Loan A Facilities and Term Loan B Facility as of September 30, 2019 and March 31, 2019, respectively.

⁽²⁾ Includes $11 million and $12 million as of September 30, 2019 and March 31, 2019, respectively, of unamortized premiums on the assumed Electronic Data Systems Corporation (“EDS”) Notes.

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 2020	$	48
2021	91
2022	90
2023	290
2024	89
Thereafter	1,934
Total	$	2,542