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Commitments and Contingencies (Tables) | 9 Months Ended
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Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Long-term Purchase Agreements | Minimum purchase commitments as of December 31, 2020 were as follows:
Fiscal year |  | Minimum Purchase Commitment (1)
(in millions) |
Remainder of 2021 |  | $ | 1,339 |
2022 |  | 1,093 |
2023 |  | 817 |
2024 |  | 227 |
Total |  | $ | 3,476 |
(1)A portion of the minimum purchase commitments for fiscal 2021 relates to the amounts committed under the HPE preferred vendor agreements.
Schedule of Expiration of Financial Guarantees and Stand-by Letters of Credit Outstanding | The following table summarizes the expiration of the Company’s financial guarantees and stand-by letters of credit outstanding as of December 31, 2020:
(in millions) |  | Remainder of Fiscal 2021 |  | Fiscal 2022 |  | Fiscal 2023 and Thereafter |  | Totals
Surety bonds |  | $ | 14 |  |  | $ | 93 |  |  | $ | 87 |  |  | $ | 194 |
Letters of credit |  | 37 |  |  | 147 |  |  | 527 |  |  | 711 |
Stand-by letters of credit |  | 36 |  |  | 41 |  |  | 31 |  |  | 108 |
Totals |  | $ | 87 |  |  | $ | 281 |  |  | $ | 645 |  |  | $ | 1,013 |

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- Definition Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount. + References No definition available. + Details
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