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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,699 $ 2,968
Receivables and contract assets, net of allowance of $87 and $91 3,821 4,156
Prepaid expenses 534 567
Other current assets 330 517
Total current assets 7,384 8,208
Intangible assets, net of accumulated amortization of $4,816 and $4,422 3,691 4,043
Operating right-of-use assets, net 1,174 1,366
Goodwill 631 641
Deferred income taxes, net 255 289
Property and equipment, net of accumulated depreciation of $4,073 and $4,121 2,691 2,946
Other assets 4,289 4,545
Total Assets 20,115 22,038
Current liabilities:    
Short-term debt and current maturities of long-term debt 745 1,167
Accounts payable 724 914
Accrued payroll and related costs 645 698
Current operating lease liabilities 392 418
Accrued expenses and other current liabilities 3,120 3,476
Deferred revenue and advance contract payments 933 1,079
Income taxes payable 260 398
Total current liabilities 6,819 8,150
Long-term debt, net of current maturities 4,363 4,345
Non-current deferred revenue 775 622
Non-current operating lease liabilities 862 1,038
Non-current income tax liabilities and deferred tax liabilities 711 854
Other long-term liabilities 1,502 1,721
Total Liabilities 15,032 16,730
Commitments and contingencies
DXC stockholders’ equity:    
Preferred stock, par value $0.01 per share, 1,000,000 shares authorized, none issued as of September 30, 2021 and March 31, 2021 0 0
Common stock, par value $0.01 per share, 750,000,000 shares authorized, 255,003,243 issued as of September 30, 2021 and 257,052,533 issued as of March 31, 2021 3 3
Additional paid-in capital 10,646 10,761
Accumulated deficit (5,225) (5,331)
Accumulated other comprehensive loss (482) (302)
Treasury stock, at cost, 2,774,484 and 2,458,027 shares as of September 30, 2021 and March 31, 2021 (170) (158)
Total DXC stockholders’ equity 4,772 4,973
Non-controlling interest in subsidiaries 311 335
Total Equity 5,083 5,308
Total Liabilities and Equity $ 20,115 $ 22,038