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Debt | 3 Months Ended
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Jun. 30, 2022
Debt Disclosure [Abstract] |
Debt | Debt The following is a summary of the Company’s debt:
| (in millions) |  | Interest Rates |  | Fiscal Year Maturities |  | June 30, 2022(1) |  | March 31, 2022(1)
| Short-term debt and current maturities of long-term debt |  |  |  |  |  |  |  |
| Commercial paper(2) |  | (0.40)% - (0.08)% |  | 2023 |  | $ | 392 |  |  | $ | 362 |
| Current maturities of long-term debt |  | Various |  | 2023 - 2024 |  | 245 |  |  | 249 |
| Current maturities of finance lease liabilities |  | 0.23% - 13.84% |  | 2023 - 2024 |  | 267 |  |  | 289 |
| Short-term debt and current maturities of long-term debt |  |  |  |  |  | $ | 904 |  |  | $ | 900 |
| Long-term debt, net of current maturities |  |  |  |  |  |  |  |
| €650 million Senior notes |  | 1.75% |  | 2026 |  | 677 |  |  | 720 |
| $700 million Senior notes |  | 1.80% |  | 2027 |  | 695 |  |  | 694 |
| €750 million Senior notes |  | 0.45% |  | 2028 |  | 779 |  |  | 828 |
| $650 million Senior notes |  | 2.375% |  | 2029 |  | 645 |  |  | 644 |
| €600 million Senior notes |  | 0.95% |  | 2032 |  | 621 |  |  | 661 |
| Finance lease liabilities |  | 0.23% - 13.84% |  | 2023 - 2027 |  | 588 |  |  | 643 |
| Borrowings for assets acquired under long-term financing |  | 0.00% - 6.78% |  | 2023 - 2027 |  | 313 |  |  | 344 |
| Mandatorily redeemable preferred stock outstanding |  | 6.00% |  | 2023 |  | 63 |  |  | 63 |
| Other borrowings |  | Various |  | 2023 - 2024 |  | 5 |  |  | 6 |
| Long-term debt |  |  |  |  |  | 4,386 |  |  | 4,603 |
| Less: current maturities |  |  |  |  |  | 512 |  |  | 538 |
| Long-term debt, net of current maturities |  |  |  |  |  | $ | 3,874 |  |  | $ | 4,065 |
(1)The carrying amounts of the senior notes as of June 30, 2022 and March 31, 2022, include the remaining principal outstanding of $3,442 million and $3,575 million, respectively, net of total unamortized debt (discounts) and premiums, and deferred debt issuance costs of $(25) million and $(28) million respectively. (2)At DXC’s option, DXC can borrow up to a maximum of €1 billion or its equivalent in €, £, and $. The estimated fair value of the Company’s long-term debt, excluding finance lease liabilities, was $3.3 billion and $3.7 billion as of June 30, 2022 and March 31, 2022, respectively, compared with carrying value of $3.8 billion and $4.0 billion as of June 30, 2022 and March 31, 2022, respectively

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI https://asc.fasb.org/topic&trid=2208564 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(c)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1E -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 + Details
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