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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ (531) $ (1,079)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation of property and equipment 449 666
Depreciation of right-of-use assets 191 138
Amortization of transition costs and prepaid software 584 653
Amortization of capitalized contract costs 222 292
Amortization of intangible assets 25 19
Stock-based compensation 54 37
Deferred taxes 41 (344)
Net (gain) loss on asset sales and other 21 (30)
Change in operating assets and liabilities:    
Deferred costs (excluding amortization) (738) (815)
Right-of-use assets and liabilities (excluding depreciation) (193) (191)
Workforce rebalancing liabilities (1) (181)
Receivables 471 (218)
Accounts payable 181 8
Taxes (including items settled with former Parent in prior-year period) 33 708
Other assets and other liabilities (316) (59)
Net cash provided by (used in) operating activities 491 (397)
Cash flows from investing activities:    
Capital expenditures (466) (420)
Proceeds from disposition of property and equipment 10 95
Other investing activities, net (60)  
Net cash used in investing activities (516) (325)
Cash flows from financing activities:    
Debt repayments (56) (42)
Proceeds from issuance of debt, net of debt issuance costs   140
Net transfers from Parent   1,334
Common stock repurchases for tax withholdings (13)  
Net cash provided by (used in) financing activities (69) 1,432
Effect of exchange rate changes on cash, cash equivalents and restricted cash (160) (9)
Net change in cash, cash equivalents and restricted cash (253) 701
Cash, cash equivalents and restricted cash at April 1 2,154 50
Cash, cash equivalents and restricted cash at September 30 1,901 $ 751
Supplemental data    
Income taxes paid, net of refunds received 37  
Interest paid on debt $ 34