DXC Technology Company(NYSE:DXC)

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portf...
Website: http://www.dxc.technology
Founded: 2017
Full Time Employees: 138,000
Sector: Technology
Industry: Information Technology Services
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 3,130,000,000 | 3,194,000,000 | 3,161,000,000 | 3,159,000,000 | 3,169,000,000 | 3,225,000,000 | 3,241,000,000 | 3,236,000,000 | 3,386,000,000 | 3,399,000,000 | 3,436,000,000 | 3,446,000,000 | 3,591,000,000 | 3,566,000,000 | 3,566,000,000 | 3,707,000,000 | 4,008,000,000 | 4,089,000,000 | 4,027,000,000 | 4,141,000,000 | 4,385,000,000 | 4,288,000,000 | 4,554,000,000 | 4,502,000,000 | 4,815,000,000 | 5,021,000,000 | 4,851,000,000 | 4,890,000,000 | 5,280,000,000 | 5,178,000,000 | 5,013,000,000 | 5,282,000,000 | 6,294,000,000 | 6,186,000,000 | 6,163,000,000 | 5,913,000,000 | |
costs of services | 2,407,000,000 | 2,435,000,000 | 2,383,000,000 | 2,388,000,000 | 2,401,000,000 | 2,416,000,000 | 2,427,000,000 | 2,526,000,000 | 2,588,000,000 | 2,636,000,000 | 2,633,000,000 | 2,719,000,000 | 2,742,000,000 | 2,799,000,000 | 2,775,000,000 | 2,930,000,000 | 3,161,000,000 | 3,179,000,000 | 3,088,000,000 | 3,255,000,000 | 3,561,000,000 | 3,333,000,000 | 3,563,000,000 | 3,629,000,000 | 3,773,000,000 | 3,827,000,000 | 3,679,000,000 | 3,622,000,000 | 3,836,000,000 | 3,725,000,000 | 3,518,000,000 | 3,867,000,000 | 4,323,000,000 | 4,521,000,000 | 4,312,000,000 | 4,788,000,000 | |
selling, general and administrative | 333,000,000 | 309,000,000 | 366,000,000 | 394,000,000 | 359,000,000 | 335,000,000 | 353,000,000 | 301,000,000 | 295,000,000 | 294,000,000 | 328,000,000 | 327,000,000 | 387,000,000 | 315,000,000 | 324,000,000 | 349,000,000 | 315,000,000 | 340,000,000 | 370,000,000 | 383,000,000 | 353,000,000 | ||||||||||||||||
depreciation and amortization | 278,000,000 | 283,000,000 | 295,000,000 | 304,000,000 | 312,000,000 | 320,000,000 | 329,000,000 | 326,000,000 | 349,000,000 | 350,000,000 | 361,000,000 | 344,000,000 | 375,000,000 | 375,000,000 | 380,000,000 | 389,000,000 | 423,000,000 | 424,000,000 | 448,000,000 | 422,000,000 | 478,000,000 | 475,000,000 | 525,000,000 | 492,000,000 | 526,000,000 | 479,000,000 | 467,000,000 | 470,000,000 | 505,000,000 | 508,000,000 | 484,000,000 | 471,000,000 | 585,000,000 | 481,000,000 | 537,000,000 | 361,000,000 | |
restructuring costs | 23,000,000 | 20,000,000 | 35,000,000 | 37,000,000 | 29,000,000 | 43,000,000 | 42,000,000 | 39,000,000 | 20,000,000 | 36,000,000 | 35,000,000 | 20,000,000 | 81,000,000 | 49,000,000 | 53,000,000 | 33,000,000 | 70,000,000 | 36,000,000 | 145,000,000 | 67,000,000 | 110,000,000 | 104,000,000 | 265,000,000 | 72,000,000 | 4,000,000 | 74,000,000 | 32,000,000 | 142,000,000 | 47,000,000 | 76,000,000 | 157,000,000 | 185,000,000 | 208,000,000 | 213,000,000 | 192,000,000 | 190,000,000 | |
interest expense | 55,000,000 | 54,000,000 | 53,000,000 | 54,000,000 | 58,000,000 | 66,000,000 | 69,000,000 | 72,000,000 | 76,000,000 | 78,000,000 | 78,000,000 | 66,000,000 | 63,000,000 | 56,000,000 | 44,000,000 | 37,000,000 | 43,000,000 | 38,000,000 | 61,000,000 | 62,000,000 | 77,000,000 | 82,000,000 | 96,000,000 | 106,000,000 | 95,000,000 | 93,000,000 | 104,000,000 | 91,000,000 | 85,000,000 | 81,000,000 | 83,000,000 | 85,000,000 | 104,000,000 | 77,000,000 | 78,000,000 | 76,000,000 | |
interest income | -43,000,000 | -46,000,000 | -46,000,000 | -46,000,000 | -46,000,000 | -51,000,000 | -51,000,000 | -51,000,000 | -56,000,000 | -56,000,000 | -53,000,000 | -49,000,000 | -46,000,000 | -41,000,000 | -28,000,000 | -20,000,000 | -14,000,000 | -15,000,000 | -16,000,000 | -20,000,000 | -22,000,000 | -28,000,000 | -25,000,000 | -23,000,000 | -35,000,000 | -33,000,000 | -67,000,000 | -30,000,000 | -36,000,000 | -27,000,000 | -33,000,000 | -32,000,000 | -30,000,000 | -27,000,000 | -16,000,000 | -16,000,000 | |
gain on disposition of businesses | -7,000,000 | -29,000,000 | -377,000,000 | 42,000,000 | -2,046,000,000 | ||||||||||||||||||||||||||||||||
other income | -31,750,000 | -32,000,000 | -56,000,000 | -39,000,000 | -23,500,000 | -28,000,000 | -21,000,000 | -45,000,000 | -47,000,000 | -48,000,000 | -76,000,000 | -64,000,000 | -67,500,000 | -98,000,000 | -68,000,000 | -104,000,000 | -72,500,000 | -85,000,000 | -102,000,000 | -103,000,000 | -79,500,000 | -127,000,000 | -103,000,000 | -88,000,000 | -376,000,000 | -117,000,000 | -109,000,000 | -118,000,000 | 30,000,000 | -145,000,000 | -97,000,000 | -94,000,000 | |||||
total costs and expenses | 3,181,000,000 | 3,023,000,000 | 3,030,000,000 | 3,092,000,000 | 2,831,000,000 | 3,094,000,000 | 3,148,000,000 | 3,168,000,000 | 3,695,000,000 | 3,187,000,000 | 3,308,000,000 | 3,368,000,000 | 4,754,000,000 | 3,464,000,000 | 3,512,000,000 | 3,585,000,000 | 3,209,000,000 | 3,923,000,000 | 4,275,000,000 | 3,717,000,000 | 5,178,000,000 | 2,310,000,000 | 4,860,000,000 | 4,727,000,000 | 8,377,000,000 | 4,894,000,000 | 6,850,000,000 | 4,684,000,000 | 4,926,000,000 | 4,709,000,000 | 4,681,000,000 | 4,922,000,000 | 5,633,000,000 | 5,748,000,000 | 5,776,000,000 | 5,728,000,000 | 4,177,000,000 |
income before income taxes | -51,000,000 | 171,000,000 | 131,000,000 | 67,000,000 | 338,000,000 | 131,000,000 | 93,000,000 | 68,000,000 | -309,000,000 | 212,000,000 | 128,000,000 | 78,000,000 | -1,163,000,000 | 102,000,000 | 54,000,000 | 122,000,000 | 799,000,000 | 166,000,000 | -248,000,000 | 424,000,000 | 361,750,000 | 1,978,000,000 | -306,000,000 | -225,000,000 | 252,500,000 | 438,000,000 | 387,000,000 | 185,000,000 | |||||||||
income tax expense | 89,000,000 | 61,000,000 | 91,000,000 | 49,000,000 | 75,000,000 | 68,000,000 | 48,000,000 | 43,000,000 | -114,000,000 | 72,000,000 | 29,000,000 | 36,000,000 | -405,000,000 | 41,000,000 | 26,000,000 | 19,000,000 | 260,000,000 | 64,000,000 | -61,000,000 | 142,000,000 | 11,000,000 | 875,000,000 | -60,000,000 | -26,000,000 | -61,000,000 | 37,000,000 | 116,000,000 | 38,000,000 | 83,000,000 | 3,000,000 | 73,000,000 | 129,000,000 | -51,750,000 | -341,000,000 | 122,000,000 | 12,000,000 | |
net income | -140,000,000 | 110,000,000 | 40,000,000 | 18,000,000 | 263,000,000 | 63,000,000 | 45,000,000 | 25,000,000 | -195,000,000 | 140,000,000 | 99,000,000 | 42,000,000 | -758,000,000 | 61,000,000 | 28,000,000 | 103,000,000 | 539,000,000 | 102,000,000 | -187,000,000 | 282,000,000 | -804,000,000 | 1,103,000,000 | -246,000,000 | -199,000,000 | -3,501,000,000 | 90,000,000 | -2,115,000,000 | 168,000,000 | 271,000,000 | 466,000,000 | 259,000,000 | 266,000,000 | 565,000,000 | 779,000,000 | 265,000,000 | 173,000,000 | -37,000,000 |
yoy | -153.23% | 74.60% | -11.11% | -28.00% | -234.87% | -55.00% | -54.55% | -40.48% | -74.27% | 129.51% | 253.57% | -59.22% | -240.63% | -40.20% | -114.97% | -63.48% | -167.04% | -90.75% | -23.98% | -241.71% | -77.04% | 1125.56% | -88.37% | -218.45% | -1391.88% | -80.69% | -916.60% | -36.84% | -52.04% | -40.18% | -2.26% | 53.76% | -1627.03% | ||||
qoq | -227.27% | 175.00% | 122.22% | -93.16% | 317.46% | 40.00% | 80.00% | -112.82% | -239.29% | 41.41% | 135.71% | -105.54% | -1342.62% | 117.86% | -72.82% | -80.89% | 428.43% | -154.55% | -166.31% | -135.07% | -172.89% | -548.37% | 23.62% | -94.32% | -3990.00% | -104.26% | -1358.93% | -38.01% | -41.85% | 79.92% | -2.63% | -52.92% | -27.47% | 193.96% | 53.18% | -567.57% | |
less: net income attributable to non-controlling interest, net of tax | 1,000,000 | 3,000,000 | 4,000,000 | 2,000,000 | -1,000,000 | 6,000,000 | 3,000,000 | -1,000,000 | 5,000,000 | -16,000,000 | 6,000,000 | -2,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 9,000,000 | 4,000,000 | 1,000,000 | 4,000,000 | -6,000,000 | 5,000,000 | -2,000,000 | 6,000,000 | -6,000,000 | 8,000,000 | 4,000,000 | 5,000,000 | -3,000,000 | 4,000,000 | -3,000,000 | 7,000,000 | 5,000,000 | 3,000,000 | 9,000,000 | 14,000,000 | ||
net income attributable to dxc common stockholders | -141,000,000 | 107,000,000 | 36,000,000 | 16,000,000 | 264,000,000 | 57,000,000 | 42,000,000 | 26,000,000 | -200,000,000 | 156,000,000 | 99,000,000 | 36,000,000 | -756,000,000 | 59,000,000 | 27,000,000 | 102,000,000 | 530,000,000 | 98,000,000 | -188,000,000 | 278,000,000 | -798,000,000 | 1,098,000,000 | -205,000,000 | -3,495,000,000 | 82,000,000 | -2,119,000,000 | 163,000,000 | 274,000,000 | 462,000,000 | 262,000,000 | 259,000,000 | 560,000,000 | 776,000,000 | 256,000,000 | 159,000,000 | ||
income per common share: | |||||||||||||||||||||||||||||||||||||
basic | -800,000 | 620,000 | 200,000 | 90,000 | 1,460,000 | 310,000 | 230,000 | 140,000 | -990,000 | 820,000 | 490,000 | 170,000 | -3,300,000 | 260,000 | 120,000 | 440,000 | 2,130,000 | 390,000 | -740,000 | 1,090,000 | -810,000 | 1,045,000 | 2,720,000 | 900,000 | 560,000 | ||||||||||||
diluted | -780,000 | 610,000 | 200,000 | 90,000 | 1,420,000 | 310,000 | 230,000 | 140,000 | -970,000 | 810,000 | 490,000 | 170,000 | -3,280,000 | 250,000 | 120,000 | 430,000 | 2,080,000 | 380,000 | -740,000 | 1,070,000 | -810,000 | 1,027,500 | 2,680,000 | 880,000 | 550,000 | ||||||||||||
loss on disposition of businesses | -24,000,000 | -103,000,000 | 2,000,000 | 5,000,000 | 3,000,000 | 9,000,000 | 32,000,000 | -93,250,000 | 4,000,000 | ||||||||||||||||||||||||||||
debt extinguishment costs | 2,000,000 | 281,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||
selling, general, and administrative | 398,750,000 | 517,000,000 | 539,000,000 | 539,000,000 | 378,500,000 | 518,000,000 | 489,000,000 | 507,000,000 | 375,000,000 | 491,000,000 | 569,000,000 | 440,000,000 | 389,250,000 | 475,000,000 | 672,000,000 | 410,000,000 | |||||||||||||||||||||
goodwill impairment losses | 3,854,000,000 | 53,000,000 | 2,887,000,000 | ||||||||||||||||||||||||||||||||||
gain on arbitration award | -632,000,000 | ||||||||||||||||||||||||||||||||||||
earnings per common share: | |||||||||||||||||||||||||||||||||||||
basic | 637,500 | 4,320,000 | |||||||||||||||||||||||||||||||||||
diluted | 635,000 | 4,290,000 | |||||||||||||||||||||||||||||||||||
net loss attributable to dxc common stockholders | -244,000,000 | ||||||||||||||||||||||||||||||||||||
loss per common share: | |||||||||||||||||||||||||||||||||||||
basic | -960,000 | ||||||||||||||||||||||||||||||||||||
diluted | -960,000 | ||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | -416,500,000 | 127,000,000 | -1,999,000,000 | 206,000,000 | 290,250,000 | 469,000,000 | 332,000,000 | 360,000,000 | |||||||||||||||||||||||||||||
income from continuing operations | -3,501,000,000 | 90,000,000 | -2,115,000,000 | 168,000,000 | 271,000,000 | 466,000,000 | 259,000,000 | 231,000,000 | |||||||||||||||||||||||||||||
income from discontinued operations, net of taxes | 35,000,000 | ||||||||||||||||||||||||||||||||||||
income per common share: | |||||||||||||||||||||||||||||||||||||
basic: | |||||||||||||||||||||||||||||||||||||
continuing operations | -13,560,000 | 320,000 | -8,190,000 | 610,000 | 1,020,000 | 1,680,000 | 930,000 | 790,000 | |||||||||||||||||||||||||||||
discontinued operations | 10,000 | 120,000 | |||||||||||||||||||||||||||||||||||
diluted: | |||||||||||||||||||||||||||||||||||||
cash dividend per common share | 190,000 | 190,000 | 180,000 | 180,000 | 180,000 | 180,000 | |||||||||||||||||||||||||||||||
other expense | -18,000,000 | 8,000,000 | 1,000,000 | -81,000,000 | |||||||||||||||||||||||||||||||||
net revenue | 4,147,000,000 | ||||||||||||||||||||||||||||||||||||
costs and expenses: | |||||||||||||||||||||||||||||||||||||
cost of revenue | 3,569,000,000 | ||||||||||||||||||||||||||||||||||||
amortization of intangible assets | |||||||||||||||||||||||||||||||||||||
restructuring charges | 61,000,000 | ||||||||||||||||||||||||||||||||||||
separation costs | 195,000,000 | ||||||||||||||||||||||||||||||||||||
defined benefit plan remeasurement benefit | -1,000,000 | ||||||||||||||||||||||||||||||||||||
income from operations | -30,000,000 | ||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||
interest and other | -26,000,000 | ||||||||||||||||||||||||||||||||||||
income before taxes | -56,000,000 | ||||||||||||||||||||||||||||||||||||
benefit for taxes | 19,000,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive income before taxes: | |||||||||||||||||||||||||||||||||||||
change in net unrealized losses on available-for-sale securities: | |||||||||||||||||||||||||||||||||||||
net unrealized losses arising during the period | -11,000,000 | ||||||||||||||||||||||||||||||||||||
change in net unrealized gains on cash flow hedges: | |||||||||||||||||||||||||||||||||||||
net unrealized gains arising during the period | 5,000,000 | ||||||||||||||||||||||||||||||||||||
net gains reclassified into earnings | -24,000,000 | ||||||||||||||||||||||||||||||||||||
change in unrealized components of defined benefit plans: | |||||||||||||||||||||||||||||||||||||
gains arising during the period | 116,000,000 | ||||||||||||||||||||||||||||||||||||
amortization of actuarial loss and prior service benefit | 26,000,000 | ||||||||||||||||||||||||||||||||||||
plans transferred to parent during the period | 361,000,000 | ||||||||||||||||||||||||||||||||||||
plans transferred from parent during the period | -369,000,000 | ||||||||||||||||||||||||||||||||||||
change in cumulative translation adjustment | -2,000,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive income before taxes | 102,000,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive income, net of taxes | 129,000,000 | ||||||||||||||||||||||||||||||||||||
comprehensive income | 92,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-01-31 |
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assets | |||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,737,000,000 | 1,731,000,000 | 1,888,000,000 | 1,792,000,000 | 1,796,000,000 | 1,723,000,000 | 1,245,000,000 | 1,317,000,000 | 1,224,000,000 | 1,691,000,000 | 1,412,000,000 | 1,576,000,000 | 1,858,000,000 | 2,091,000,000 | 2,260,000,000 | 2,209,000,000 | 2,672,000,000 | 2,919,000,000 | 2,699,000,000 | 2,460,000,000 | 2,968,000,000 | 3,919,000,000 | 3,079,000,000 | 5,509,000,000 | 3,679,000,000 | 2,560,000,000 | 2,880,000,000 | 1,868,000,000 | 2,899,000,000 | 2,475,000,000 | 2,780,000,000 | 2,579,000,000 | 2,648,000,000 | 2,926,000,000 | 2,671,000,000 | 2,517,000,000 | 1,263,000,000 |
receivables and contract assets, net of allowance for doubtful accounts of 27 and 32 | 2,973,000,000 | ||||||||||||||||||||||||||||||||||||
prepaid expenses | 526,000,000 | 518,000,000 | 557,000,000 | 530,000,000 | 477,000,000 | 468,000,000 | 550,000,000 | 541,000,000 | 512,000,000 | 555,000,000 | 559,000,000 | 652,000,000 | 565,000,000 | 653,000,000 | 662,000,000 | 666,000,000 | 617,000,000 | 600,000,000 | 534,000,000 | 659,000,000 | 567,000,000 | 586,000,000 | 604,000,000 | 667,000,000 | 646,000,000 | 660,000,000 | 671,000,000 | 728,000,000 | 627,000,000 | 626,000,000 | 630,000,000 | 577,000,000 | 571,000,000 | 540,000,000 | 610,000,000 | 641,000,000 | |
other current assets | 126,000,000 | 113,000,000 | 98,000,000 | 98,000,000 | 118,000,000 | 125,000,000 | 100,000,000 | 109,000,000 | 146,000,000 | 153,000,000 | 232,000,000 | 231,000,000 | 255,000,000 | 218,000,000 | 289,000,000 | 270,000,000 | 268,000,000 | 314,000,000 | 330,000,000 | 341,000,000 | 357,000,000 | 470,000,000 | 335,000,000 | 261,000,000 | 270,000,000 | 344,000,000 | 328,000,000 | 360,000,000 | 359,000,000 | 325,000,000 | 477,000,000 | 389,000,000 | 485,000,000 | 444,000,000 | 483,000,000 | 641,000,000 | 1,510,000,000 |
total current assets | 5,362,000,000 | 5,270,000,000 | 5,439,000,000 | 5,476,000,000 | 5,363,000,000 | 5,075,000,000 | 5,007,000,000 | 4,963,000,000 | 5,135,000,000 | 5,531,000,000 | 5,349,000,000 | 5,744,000,000 | 6,124,000,000 | 6,993,000,000 | 6,678,000,000 | 6,848,000,000 | 7,446,000,000 | 7,503,000,000 | 7,384,000,000 | 7,541,000,000 | 8,208,000,000 | 9,105,000,000 | 8,337,000,000 | 10,708,000,000 | 8,987,000,000 | 8,183,000,000 | 8,490,000,000 | 8,190,000,000 | 9,066,000,000 | 8,522,000,000 | 8,815,000,000 | 8,816,000,000 | 9,617,000,000 | 9,521,000,000 | 9,440,000,000 | 9,575,000,000 | 6,160,000,000 |
intangible assets, net of accumulated amortization of 5,977 and 6,241 | 1,612,000,000 | ||||||||||||||||||||||||||||||||||||
operating lease assets | 663,000,000 | 635,000,000 | 731,000,000 | 909,000,000 | |||||||||||||||||||||||||||||||||
goodwill | 527,000,000 | 530,000,000 | 531,000,000 | 532,000,000 | 526,000,000 | 518,000,000 | 541,000,000 | 531,000,000 | 532,000,000 | 541,000,000 | 530,000,000 | 539,000,000 | 539,000,000 | 535,000,000 | 562,000,000 | 582,000,000 | 617,000,000 | 629,000,000 | 631,000,000 | 639,000,000 | 641,000,000 | 736,000,000 | 725,000,000 | 2,057,000,000 | 2,017,000,000 | 6,003,000,000 | 5,784,000,000 | 8,806,000,000 | 7,606,000,000 | 7,593,000,000 | 7,417,000,000 | 7,451,000,000 | 9,652,000,000 | 9,320,000,000 | 9,158,000,000 | 8,774,000,000 | |
deferred income taxes | 802,000,000 | 783,000,000 | 838,000,000 | 878,000,000 | 819,000,000 | 917,000,000 | 908,000,000 | 823,000,000 | 804,000,000 | 622,000,000 | 542,000,000 | 512,000,000 | 460,000,000 | 219,000,000 | 205,000,000 | 210,000,000 | 221,000,000 | 259,000,000 | 255,000,000 | 238,000,000 | 289,000,000 | 315,000,000 | 292,000,000 | 285,000,000 | 265,000,000 | 372,000,000 | 330,000,000 | 356,000,000 | 355,000,000 | 407,000,000 | 326,000,000 | 332,000,000 | 373,000,000 | 458,000,000 | 386,000,000 | 445,000,000 | |
property and equipment | 1,122,000,000 | 1,165,000,000 | 1,210,000,000 | 1,247,000,000 | 1,253,000,000 | 1,285,000,000 | 1,455,000,000 | 1,530,000,000 | 1,671,000,000 | 1,780,000,000 | 1,810,000,000 | 1,922,000,000 | 1,979,000,000 | 2,044,000,000 | 2,039,000,000 | 2,212,000,000 | 2,412,000,000 | 2,555,000,000 | 2,691,000,000 | 2,841,000,000 | 2,946,000,000 | 3,321,000,000 | 3,417,000,000 | 3,503,000,000 | 3,547,000,000 | 3,631,000,000 | 3,555,000,000 | 3,628,000,000 | 3,179,000,000 | 3,186,000,000 | 3,281,000,000 | 3,349,000,000 | 3,646,000,000 | 3,812,000,000 | 3,745,000,000 | 3,334,000,000 | |
other assets | 2,802,000,000 | 2,995,000,000 | 3,020,000,000 | 3,059,000,000 | 2,967,000,000 | 2,812,000,000 | 2,961,000,000 | 2,820,000,000 | 2,857,000,000 | 3,318,000,000 | 3,229,000,000 | 3,281,000,000 | 3,247,000,000 | 4,653,000,000 | 4,403,000,000 | 4,602,000,000 | 4,850,000,000 | 4,310,000,000 | 4,289,000,000 | 4,421,000,000 | 4,192,000,000 | 4,679,000,000 | 4,360,000,000 | 4,199,000,000 | 4,031,000,000 | 3,786,000,000 | 3,582,000,000 | 3,538,000,000 | 3,429,000,000 | 2,393,000,000 | 2,441,000,000 | 2,279,000,000 | 2,542,000,000 | 2,544,000,000 | 2,443,000,000 | 2,238,000,000 | 2,303,000,000 |
total assets | 12,890,000,000 | 13,177,000,000 | 13,582,000,000 | 13,438,000,000 | 13,205,000,000 | 13,033,000,000 | 13,504,000,000 | 13,353,000,000 | 13,871,000,000 | 14,892,000,000 | 14,709,000,000 | 15,293,000,000 | 15,845,000,000 | 18,254,000,000 | 17,737,000,000 | 18,647,000,000 | 20,139,000,000 | 19,953,000,000 | 20,115,000,000 | 20,867,000,000 | 22,038,000,000 | 23,634,000,000 | 25,670,000,000 | 27,894,000,000 | 26,006,000,000 | 29,599,000,000 | 29,516,000,000 | 32,577,000,000 | 29,574,000,000 | 28,871,000,000 | 28,882,000,000 | 29,126,000,000 | 33,921,000,000 | 33,582,000,000 | 33,176,000,000 | 31,216,000,000 | 12,379,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||
short-term debt and current maturities of long-term debt | 520,000,000 | 532,000,000 | 1,612,000,000 | 929,000,000 | 880,000,000 | 193,000,000 | 226,000,000 | 381,000,000 | 271,000,000 | 661,000,000 | 672,000,000 | 694,000,000 | 500,000,000 | 873,000,000 | 834,000,000 | 904,000,000 | 900,000,000 | 706,000,000 | 745,000,000 | 817,000,000 | 1,167,000,000 | 795,000,000 | 1,622,000,000 | 1,682,000,000 | 1,276,000,000 | 1,581,000,000 | 1,471,000,000 | 1,511,000,000 | 1,942,000,000 | 1,580,000,000 | 1,618,000,000 | 2,307,000,000 | 2,073,000,000 | 2,173,000,000 | 2,200,000,000 | 1,203,000,000 | |
accounts payable | 561,000,000 | 582,000,000 | 709,000,000 | 650,000,000 | 549,000,000 | 563,000,000 | 708,000,000 | 676,000,000 | 846,000,000 | 870,000,000 | 618,000,000 | 701,000,000 | 782,000,000 | 852,000,000 | 857,000,000 | 795,000,000 | 840,000,000 | 759,000,000 | 724,000,000 | 857,000,000 | 914,000,000 | 852,000,000 | 1,345,000,000 | 1,522,000,000 | 1,598,000,000 | 1,576,000,000 | 1,603,000,000 | 1,517,000,000 | 1,666,000,000 | 1,345,000,000 | 1,358,000,000 | 1,326,000,000 | 1,708,000,000 | 1,510,000,000 | 1,666,000,000 | 1,961,000,000 | 871,000,000 |
accrued payroll and related costs | 564,000,000 | 543,000,000 | 603,000,000 | 639,000,000 | 571,000,000 | 509,000,000 | 592,000,000 | 595,000,000 | 558,000,000 | 552,000,000 | 600,000,000 | 613,000,000 | 569,000,000 | 520,000,000 | 537,000,000 | 610,000,000 | 570,000,000 | 563,000,000 | 645,000,000 | 746,000,000 | 698,000,000 | 741,000,000 | 756,000,000 | 766,000,000 | 630,000,000 | 678,000,000 | 684,000,000 | 746,000,000 | 652,000,000 | 705,000,000 | 734,000,000 | 755,000,000 | 766,000,000 | 813,000,000 | 825,000,000 | 912,000,000 | |
operating lease liabilities | 232,000,000 | 252,000,000 | 227,000,000 | 258,000,000 | 282,000,000 | 317,000,000 | |||||||||||||||||||||||||||||||
accrued expenses and other current liabilities | 1,261,000,000 | 1,295,000,000 | 1,197,000,000 | 1,265,000,000 | 1,358,000,000 | 1,329,000,000 | 1,346,000,000 | 1,261,000,000 | 1,437,000,000 | 1,596,000,000 | 1,569,000,000 | 1,587,000,000 | 1,836,000,000 | 1,932,000,000 | 2,321,000,000 | 2,479,000,000 | 2,882,000,000 | 3,111,000,000 | 3,120,000,000 | 3,060,000,000 | 3,358,000,000 | 3,285,000,000 | 3,203,000,000 | 2,756,000,000 | 2,801,000,000 | 3,139,000,000 | 2,943,000,000 | 3,183,000,000 | 3,355,000,000 | 3,228,000,000 | 3,268,000,000 | 3,288,000,000 | 3,466,000,000 | 3,403,000,000 | 3,235,000,000 | 2,725,000,000 | |
deferred revenue and advance contract payments | 748,000,000 | 724,000,000 | 651,000,000 | 722,000,000 | 762,000,000 | 744,000,000 | 703,000,000 | 762,000,000 | 866,000,000 | 846,000,000 | 872,000,000 | 1,008,000,000 | 1,054,000,000 | 969,000,000 | 867,000,000 | 938,000,000 | 1,053,000,000 | 1,001,000,000 | 933,000,000 | 1,032,000,000 | 1,079,000,000 | 1,102,000,000 | 974,000,000 | 1,030,000,000 | 1,021,000,000 | 1,069,000,000 | 1,571,000,000 | 1,609,000,000 | 1,630,000,000 | 1,542,000,000 | 1,442,000,000 | 1,530,000,000 | 1,694,000,000 | 1,524,000,000 | 1,325,000,000 | 1,164,000,000 | |
income taxes payable | 53,000,000 | 40,000,000 | 64,000,000 | 215,000,000 | 172,000,000 | 160,000,000 | 134,000,000 | 141,000,000 | 98,000,000 | 151,000,000 | 120,000,000 | 166,000,000 | 131,000,000 | 181,000,000 | 197,000,000 | 202,000,000 | 260,000,000 | 481,000,000 | 398,000,000 | 1,045,000,000 | 111,000,000 | 81,000,000 | 87,000,000 | 243,000,000 | 213,000,000 | 186,000,000 | 208,000,000 | 122,000,000 | 94,000,000 | 108,000,000 | 145,000,000 | 215,000,000 | 186,000,000 | 126,000,000 | |||
total current liabilities | 3,939,000,000 | 3,909,000,000 | 5,009,000,000 | 4,497,000,000 | 4,411,000,000 | 3,788,000,000 | 4,004,000,000 | 4,093,000,000 | 4,394,000,000 | 4,961,000,000 | 4,724,000,000 | 5,057,000,000 | 5,187,000,000 | 6,170,000,000 | 5,865,000,000 | 6,257,000,000 | 6,853,000,000 | 6,728,000,000 | 6,819,000,000 | 7,406,000,000 | 8,150,000,000 | 8,270,000,000 | 8,656,000,000 | 8,325,000,000 | 7,895,000,000 | 8,784,000,000 | 8,974,000,000 | 9,338,000,000 | 9,453,000,000 | 8,522,000,000 | 8,514,000,000 | 9,314,000,000 | 9,852,000,000 | 9,638,000,000 | 9,437,000,000 | 8,091,000,000 | 4,679,000,000 |
long-term debt | 3,032,000,000 | 3,092,000,000 | 2,370,000,000 | 3,100,000,000 | 2,996,000,000 | 3,637,000,000 | 3,825,000,000 | 3,766,000,000 | 3,818,000,000 | 3,880,000,000 | 3,791,000,000 | 3,891,000,000 | 3,900,000,000 | 3,850,000,000 | 3,695,000,000 | 3,874,000,000 | 4,065,000,000 | 4,236,000,000 | 4,363,000,000 | 4,116,000,000 | 4,345,000,000 | 5,444,000,000 | 8,046,000,000 | 10,334,000,000 | 8,672,000,000 | 7,315,000,000 | 7,698,000,000 | 7,893,000,000 | 5,470,000,000 | 5,980,000,000 | 5,409,000,000 | 4,747,000,000 | 6,306,000,000 | 6,367,000,000 | 6,325,000,000 | 6,249,000,000 | 392,000,000 |
non-current deferred revenue | 559,000,000 | 571,000,000 | 616,000,000 | 631,000,000 | 635,000,000 | 597,000,000 | 645,000,000 | 619,000,000 | 671,000,000 | 698,000,000 | 706,000,000 | 749,000,000 | 788,000,000 | 804,000,000 | 789,000,000 | 806,000,000 | 862,000,000 | 882,000,000 | 775,000,000 | 598,000,000 | 622,000,000 | 666,000,000 | 697,000,000 | 733,000,000 | 735,000,000 | 747,000,000 | 234,000,000 | 309,000,000 | 256,000,000 | 273,000,000 | 301,000,000 | 351,000,000 | 802,000,000 | 856,000,000 | 806,000,000 | 641,000,000 | |
non-current income tax liabilities and deferred income taxes | 502,000,000 | 495,000,000 | 556,000,000 | 587,000,000 | |||||||||||||||||||||||||||||||||
non-current operating lease liabilities | 463,000,000 | 466,000,000 | 475,000,000 | 518,000,000 | 444,000,000 | 436,000,000 | 420,000,000 | 437,000,000 | 497,000,000 | 542,000,000 | 571,000,000 | 598,000,000 | 648,000,000 | 691,000,000 | 667,000,000 | 742,000,000 | 815,000,000 | 805,000,000 | 862,000,000 | 971,000,000 | 1,038,000,000 | 1,113,000,000 | 1,192,000,000 | 1,208,000,000 | 1,063,000,000 | 1,097,000,000 | 1,139,000,000 | 1,129,000,000 | |||||||||
non-current pension obligations | 385,000,000 | 387,000,000 | 423,000,000 | 463,000,000 | 590,000,000 | 793,000,000 | 761,000,000 | 790,000,000 | 879,000,000 | ||||||||||||||||||||||||||||
other long-term liabilities | 801,000,000 | 1,226,000,000 | 1,277,000,000 | 763,000,000 | 347,000,000 | 774,000,000 | 812,000,000 | 789,000,000 | 446,000,000 | 881,000,000 | 869,000,000 | 816,000,000 | 449,000,000 | 992,000,000 | 966,000,000 | 1,000,000,000 | 546,000,000 | 1,436,000,000 | 1,502,000,000 | 1,619,000,000 | 908,000,000 | 1,354,000,000 | 1,325,000,000 | 1,277,000,000 | 594,000,000 | 1,366,000,000 | 1,332,000,000 | 1,410,000,000 | 696,000,000 | 1,569,000,000 | 1,602,000,000 | 1,718,000,000 | 916,000,000 | 1,996,000,000 | 1,984,000,000 | 1,911,000,000 | |
total liabilities | 9,681,000,000 | 9,764,000,000 | 10,246,000,000 | 10,008,000,000 | 9,715,000,000 | 9,781,000,000 | 10,268,000,000 | 10,250,000,000 | 10,805,000,000 | 11,526,000,000 | 11,242,000,000 | 11,690,000,000 | 12,025,000,000 | 13,302,000,000 | 12,801,000,000 | 13,598,000,000 | 14,764,000,000 | 14,866,000,000 | 15,032,000,000 | 15,481,000,000 | 16,730,000,000 | 17,639,000,000 | 20,919,000,000 | 22,952,000,000 | 20,877,000,000 | 20,498,000,000 | 20,646,000,000 | 21,360,000,000 | 17,849,000,000 | 17,515,000,000 | 17,045,000,000 | 17,312,000,000 | 20,084,000,000 | 20,380,000,000 | 20,669,000,000 | 18,871,000,000 | |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||
dxc stockholders’ equity: | |||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 per share... | |||||||||||||||||||||||||||||||||||||
common stock, par value 0.01 per share... | 1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | |||||||||||||
additional paid-in capital | 7,016,000,000 | 7,193,000,000 | 7,360,000,000 | 7,561,000,000 | 7,677,000,000 | 7,657,000,000 | 7,647,000,000 | 7,622,000,000 | 7,599,000,000 | 7,827,000,000 | 8,280,000,000 | 8,677,000,000 | 9,121,000,000 | 9,670,000,000 | 9,733,000,000 | 9,708,000,000 | 10,057,000,000 | 10,383,000,000 | 10,646,000,000 | 10,713,000,000 | 10,761,000,000 | 10,748,000,000 | 10,746,000,000 | 10,729,000,000 | 10,714,000,000 | 10,701,000,000 | 10,793,000,000 | 10,916,000,000 | 11,301,000,000 | 11,343,000,000 | 11,848,000,000 | 11,868,000,000 | 12,210,000,000 | 12,201,000,000 | 12,158,000,000 | 12,122,000,000 | |
accumulated deficit | -2,937,000,000 | -2,931,000,000 | -3,162,000,000 | -3,347,000,000 | -3,451,000,000 | -3,715,000,000 | -3,771,000,000 | -3,814,000,000 | -3,839,000,000 | -3,762,000,000 | -4,143,000,000 | -4,445,000,000 | -4,665,000,000 | -4,123,000,000 | -4,211,000,000 | -4,239,000,000 | -4,450,000,000 | -5,058,000,000 | -5,225,000,000 | -5,045,000,000 | -5,331,000,000 | -4,533,000,000 | -5,631,000,000 | -5,386,000,000 | -74,000,000 | ||||||||||||
accumulated other comprehensive loss | -890,000,000 | -870,000,000 | -881,000,000 | -801,000,000 | -762,000,000 | -719,000,000 | -663,000,000 | -727,000,000 | -732,000,000 | -742,000,000 | -774,000,000 | -739,000,000 | -774,000,000 | -736,000,000 | -724,000,000 | -563,000,000 | -385,000,000 | -385,000,000 | -482,000,000 | -426,000,000 | -302,000,000 | -407,000,000 | -562,000,000 | -599,000,000 | -603,000,000 | -176,000,000 | -428,000,000 | -118,000,000 | -70,000,000 | -2,484,000,000 | |||||||
treasury stock | -249,000,000 | -248,000,000 | -248,000,000 | -247,000,000 | -237,000,000 | -235,000,000 | -234,000,000 | -233,000,000 | -219,000,000 | -218,000,000 | -218,000,000 | -217,000,000 | -187,000,000 | -186,000,000 | -185,000,000 | -183,000,000 | -173,000,000 | -171,000,000 | -170,000,000 | -168,000,000 | -158,000,000 | -156,000,000 | -155,000,000 | -154,000,000 | -152,000,000 | -151,000,000 | -150,000,000 | -149,000,000 | -136,000,000 | -134,000,000 | -105,000,000 | -87,000,000 | -85,000,000 | -83,000,000 | -61,000,000 | -53,000,000 | |
total dxc stockholders’ equity | 2,941,000,000 | 3,145,000,000 | 3,071,000,000 | 3,168,000,000 | 3,229,000,000 | 2,990,000,000 | 2,981,000,000 | 2,850,000,000 | 2,811,000,000 | 3,107,000,000 | 3,147,000,000 | 3,278,000,000 | 3,497,000,000 | 4,627,000,000 | 4,615,000,000 | 4,725,000,000 | 5,052,000,000 | 4,772,000,000 | 4,772,000,000 | 5,077,000,000 | 4,973,000,000 | 5,655,000,000 | 4,401,000,000 | 4,593,000,000 | 4,785,000,000 | 8,749,000,000 | 8,550,000,000 | 10,913,000,000 | 11,402,000,000 | 11,022,000,000 | 11,500,000,000 | 11,472,000,000 | 13,487,000,000 | 12,837,000,000 | 12,140,000,000 | 12,005,000,000 | |
non-controlling interest in subsidiaries | 268,000,000 | 268,000,000 | 265,000,000 | 262,000,000 | 261,000,000 | 262,000,000 | 255,000,000 | 253,000,000 | 255,000,000 | 259,000,000 | 320,000,000 | 325,000,000 | 323,000,000 | 325,000,000 | 321,000,000 | 324,000,000 | 323,000,000 | 315,000,000 | 311,000,000 | 309,000,000 | 335,000,000 | 340,000,000 | 350,000,000 | 349,000,000 | 344,000,000 | 352,000,000 | 320,000,000 | 304,000,000 | 323,000,000 | 334,000,000 | 337,000,000 | 342,000,000 | 350,000,000 | 365,000,000 | 367,000,000 | 340,000,000 | |
total equity | 3,209,000,000 | 3,413,000,000 | 3,336,000,000 | 3,430,000,000 | 3,490,000,000 | 3,252,000,000 | 3,236,000,000 | 3,103,000,000 | 3,066,000,000 | 3,366,000,000 | 3,467,000,000 | 3,603,000,000 | 3,820,000,000 | 4,952,000,000 | 4,936,000,000 | 5,049,000,000 | 5,375,000,000 | 5,087,000,000 | 5,083,000,000 | 5,386,000,000 | 5,308,000,000 | 5,995,000,000 | 4,751,000,000 | 4,942,000,000 | 5,129,000,000 | 9,101,000,000 | 8,870,000,000 | 11,217,000,000 | 11,725,000,000 | 11,356,000,000 | 11,837,000,000 | 11,814,000,000 | 13,837,000,000 | 13,202,000,000 | 12,507,000,000 | 12,345,000,000 | 4,425,000,000 |
total liabilities and equity | 12,890,000,000 | 13,177,000,000 | 13,582,000,000 | 13,438,000,000 | 13,205,000,000 | 13,033,000,000 | 13,504,000,000 | 13,353,000,000 | 13,871,000,000 | 14,892,000,000 | 14,709,000,000 | 15,293,000,000 | 15,845,000,000 | 18,254,000,000 | 17,737,000,000 | 18,647,000,000 | 20,139,000,000 | 19,953,000,000 | 20,115,000,000 | 20,867,000,000 | 22,038,000,000 | 23,634,000,000 | 25,670,000,000 | 27,894,000,000 | 26,006,000,000 | 29,599,000,000 | 29,516,000,000 | 32,577,000,000 | 29,574,000,000 | 28,871,000,000 | 28,882,000,000 | 29,126,000,000 | 33,921,000,000 | 33,582,000,000 | 33,176,000,000 | 31,216,000,000 | 12,379,000,000 |
receivables and contract assets, net of allowance of 24 and 32 | 2,908,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,158 and 6,241 | 1,767,000,000 | ||||||||||||||||||||||||||||||||||||
operating right-of-use assets | 667,000,000 | 679,000,000 | 735,000,000 | 638,000,000 | 632,000,000 | 656,000,000 | 784,000,000 | 809,000,000 | 849,000,000 | 954,000,000 | 927,000,000 | 1,025,000,000 | 1,133,000,000 | 1,122,000,000 | 1,174,000,000 | 1,299,000,000 | 1,366,000,000 | 1,459,000,000 | 1,555,000,000 | 1,602,000,000 | 1,428,000,000 | 1,484,000,000 | 1,482,000,000 | 1,591,000,000 | |||||||||||||
current operating lease liabilities | 233,000,000 | 237,000,000 | 235,000,000 | 250,000,000 | 295,000,000 | 295,000,000 | 303,000,000 | 320,000,000 | 318,000,000 | 346,000,000 | 388,000,000 | 386,000,000 | 392,000,000 | 413,000,000 | 418,000,000 | 450,000,000 | 461,000,000 | 488,000,000 | 482,000,000 | 498,000,000 | 489,000,000 | 586,000,000 | |||||||||||||||
non-current income tax liabilities and deferred tax liabilities | 500,000,000 | 499,000,000 | 499,000,000 | 549,000,000 | 562,000,000 | 546,000,000 | 564,000,000 | 581,000,000 | 579,000,000 | 784,000,000 | 819,000,000 | 919,000,000 | 994,000,000 | 779,000,000 | 711,000,000 | 771,000,000 | 854,000,000 | 792,000,000 | 917,000,000 | 1,075,000,000 | 1,157,000,000 | 1,189,000,000 | 1,269,000,000 | 1,281,000,000 | 1,184,000,000 | 1,171,000,000 | 1,219,000,000 | 1,182,000,000 | 1,329,000,000 | 1,523,000,000 | 2,117,000,000 | 1,979,000,000 | |||||
receivables and contract assets, net of allowance of 22 and 32 | 2,896,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,034 and 6,241 | 1,865,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 30 and 32 | 3,056,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,524 and 6,241 | 1,511,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 32 and 35 | 2,972,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,241 and 5,792 | 1,642,000,000 | ||||||||||||||||||||||||||||||||||||
assets held for sale - non-current | 2,000,000 | 19,000,000 | 19,000,000 | 11,000,000 | 2,000,000 | 4,000,000 | 5,000,000 | 18,000,000 | 115,000,000 | 39,000,000 | 51,000,000 | 82,000,000 | 353,000,000 | 2,838,000,000 | |||||||||||||||||||||||
receivables and contract assets, net of allowance of 37 and 35 | 2,759,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,034 and 5,792 | 1,786,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 39 and 35 | 3,104,000,000 | ||||||||||||||||||||||||||||||||||||
assets held for sale | 8,000,000 | 5,000,000 | 577,000,000 | 10,000,000 | 35,000,000 | 160,000,000 | 125,000,000 | ||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 6,023 and 5,792 | 1,981,000,000 | ||||||||||||||||||||||||||||||||||||
liabilities related to assets held for sale | 7,000,000 | 9,000,000 | 538,000,000 | 4,000,000 | 23,000,000 | 118,000,000 | 184,000,000 | ||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 40 and 35 | 2,996,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,945 and 5,792 | 2,011,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 35 and 47 | 3,253,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,792 and 5,670 | 2,130,000,000 | ||||||||||||||||||||||||||||||||||||
liabilities related to assets held for sale - non-current | 3,000,000 | 11,000,000 | 39,000,000 | 20,000,000 | 86,000,000 | ||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 43 and 47 | 3,132,000,000 | 3,285,000,000 | |||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,749 and 5,670 | 2,314,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 56 and 47 | 3,146,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,751 and 5,670 | 2,436,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,849 and 5,670 | 2,441,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 47 and 55 | 3,441,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,670 and 5,124 | 2,569,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 46 and 55 | 3,454,000,000 | 3,693,000,000 | |||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,458 and 5,124 | 2,741,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 42 and 55 | 3,467,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,259 and 5,124 | 2,884,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,186 and 5,124 | 3,117,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 55 and 91 | 3,854,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 5,124 and 4,422 | 3,378,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 78 and 91 | 3,670,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,997 and 4,422 | 3,575,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 87 and 91 | 3,821,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,816 and 4,422 | 3,691,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 84 and 91 | 4,081,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,634 and 4,422 | 3,888,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 91 and 74 | 4,156,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,422 and 4,347 | 4,043,000,000 | ||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 199 and 74 | 4,130,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,545 and 4,347 | 4,019,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of december 31, 2020 and march 31, 2020 | |||||||||||||||||||||||||||||||||||||
common stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | |||||||||||||||||||||||||
receivables and contract assets, net of allowance of 162 and 74 | 4,194,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,364 and 4,347 | 4,146,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of september 30, 2020 and march 31, 2020 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance of 104 and 74 | 4,271,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,627 and 4,347 | 5,540,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of june 30, 2020 and march 31, 2020 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 74 and 60 | 4,392,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,347 and 3,399 | 5,731,000,000 | ||||||||||||||||||||||||||||||||||||
(accumulated deficit) retained earnings | -5,177,000,000 | -1,628,000,000 | -1,668,000,000 | ||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 76 and 60 | 4,619,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,262 and 3,399 | 6,140,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of december 31, 2019 and march 31, 2019 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 60 and 60 | 4,611,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,916 and 3,399 | 6,293,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of september 30, 2019 and march 31, 2019 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 64 and 60 | 5,234,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,638 and 3,399 | 6,468,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of june 30, 2019 and march 31, 2019 | |||||||||||||||||||||||||||||||||||||
retained earnings | 494,000,000 | 478,000,000 | 274,000,000 | 136,000,000 | 1,301,000,000 | 834,000,000 | 110,000,000 | ||||||||||||||||||||||||||||||
accumulated other comprehensive income | -351,000,000 | -244,000,000 | -464,000,000 | -382,000,000 | -312,000,000 | 58,000,000 | 7,000,000 | ||||||||||||||||||||||||||||||
accounts receivable | 5,181,000,000 | 5,913,000,000 | 5,611,000,000 | 5,676,000,000 | 5,776,000,000 | 3,263,000,000 | |||||||||||||||||||||||||||||||
assets of discontinued operations | |||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,399 and 2,603 | 5,939,000,000 | ||||||||||||||||||||||||||||||||||||
assets of discontinued operations - non-current | |||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations - long-term | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 57 and 40 | 5,096,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 4,050 and 3,369 | 6,770,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, authorized 1,000,000 shares, none issued as of december 31, 2018 and march 31, 2018 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 62 and 40 | 4,928,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,788 and 3,369 | 6,602,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, authorized 1,000,000 shares, none issued as of september 30, 2018 and march 31, 2018 | |||||||||||||||||||||||||||||||||||||
receivables and contract assets, net of allowance for doubtful accounts of 49 and 40 | 5,271,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,570 and 3,369 | 6,899,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, 1,000,000 shares authorized, none issued as of june 30, 2018 and march 31, 2018 | |||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,457 and 2,293 | 8,091,000,000 | ||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 3,005 and 2,293 | 7,927,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, authorized 1,000,000 shares, none issued as of december 31, 2017 and march 31, 2017 | |||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 2,731 and 2,293 | 8,004,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, authorized 1,000,000 shares, none issued as of september 30, 2017 and march 31, 2017 | |||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 2,390 and 2,293 | 6,850,000,000 | ||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share, authorized 1,000,000 shares, none issued as of june 30, 2017 and march 31, 2017 | |||||||||||||||||||||||||||||||||||||
financing receivables | 124,000,000 | ||||||||||||||||||||||||||||||||||||
property, plant and equipment | 3,732,000,000 | ||||||||||||||||||||||||||||||||||||
long-term financing receivables | 184,000,000 | ||||||||||||||||||||||||||||||||||||
notes payable and short-term borrowings | 3,000,000 | ||||||||||||||||||||||||||||||||||||
capital lease obligations, short-term | 748,000,000 | ||||||||||||||||||||||||||||||||||||
employee compensation and benefits | 619,000,000 | ||||||||||||||||||||||||||||||||||||
taxes on earnings | 53,000,000 | ||||||||||||||||||||||||||||||||||||
deferred revenue | 876,000,000 | ||||||||||||||||||||||||||||||||||||
accrued restructuring | 259,000,000 | ||||||||||||||||||||||||||||||||||||
other accrued liabilities | 1,250,000,000 | ||||||||||||||||||||||||||||||||||||
capital lease obligations, long-term | 1,014,000,000 | ||||||||||||||||||||||||||||||||||||
other liabilities | 1,869,000,000 | ||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||
parent company investment | 6,876,000,000 | ||||||||||||||||||||||||||||||||||||
equity attributable to everett | 4,392,000,000 | ||||||||||||||||||||||||||||||||||||
non-controlling interests | 33,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||
net income | -140,000,000 | 110,000,000 | 40,000,000 | 18,000,000 | 263,000,000 | 63,000,000 | 45,000,000 | 25,000,000 | -195,000,000 | 140,000,000 | 99,000,000 | 42,000,000 | -758,000,000 | 61,000,000 | 28,000,000 | 103,000,000 | 539,000,000 | 102,000,000 | -187,000,000 | 282,000,000 | -804,000,000 | -199,000,000 | -3,501,000,000 | 90,000,000 | -2,115,000,000 | 168,000,000 | 271,000,000 | 466,000,000 | 259,000,000 | 266,000,000 | 565,000,000 | 779,000,000 | 265,000,000 | 173,000,000 | |||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
depreciation and amortization | 283,000,000 | 288,000,000 | 302,000,000 | 309,000,000 | 318,000,000 | 327,000,000 | 335,000,000 | 333,000,000 | 357,000,000 | 357,000,000 | 368,000,000 | 351,000,000 | 382,000,000 | 383,000,000 | 388,000,000 | 398,000,000 | 433,000,000 | 430,000,000 | 452,000,000 | 427,000,000 | 482,000,000 | 481,000,000 | 529,000,000 | 496,000,000 | 531,000,000 | 483,000,000 | 472,000,000 | 474,000,000 | 509,000,000 | 512,000,000 | 493,000,000 | 509,000,000 | 627,000,000 | 483,000,000 | 541,000,000 | 363,000,000 | 333,000,000 |
goodwill impairment losses | 0 | 0 | 0 | 14,000,000 | 3,854,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||
operating right-of-use expense | 76,000,000 | 76,000,000 | 77,000,000 | 76,000,000 | 74,000,000 | 75,000,000 | 80,000,000 | 80,000,000 | 84,000,000 | 88,000,000 | 91,000,000 | 90,000,000 | 93,000,000 | 97,000,000 | 108,000,000 | 106,000,000 | 113,000,000 | 117,000,000 | 124,000,000 | 130,000,000 | 153,000,000 | 156,000,000 | 151,000,000 | 156,000,000 | 192,000,000 | 166,000,000 | 164,000,000 | 176,000,000 | |||||||||
pension & other post-employment benefits, actuarial & settlement losses | 158,000,000 | -691,000,000 | 0 | 2,000,000 | |||||||||||||||||||||||||||||||||
share-based compensation | 17,000,000 | 23,000,000 | 24,000,000 | 22,000,000 | 20,000,000 | 11,000,000 | 25,000,000 | 23,000,000 | 34,000,000 | 28,000,000 | 24,000,000 | 23,000,000 | 27,000,000 | 26,000,000 | 27,000,000 | 28,000,000 | 24,000,000 | 26,000,000 | 26,000,000 | 25,000,000 | 14,000,000 | 6,000,000 | 20,000,000 | 16,000,000 | 11,000,000 | 9,000,000 | 30,000,000 | 18,000,000 | 17,000,000 | 16,000,000 | 19,000,000 | 22,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 40,000,000 | |
deferred taxes | -39,000,000 | 43,000,000 | 34,000,000 | -12,000,000 | 147,000,000 | -87,000,000 | -45,000,000 | -50,000,000 | -257,000,000 | -57,000,000 | -52,000,000 | -50,000,000 | -439,000,000 | -67,000,000 | -65,000,000 | -38,000,000 | 238,000,000 | 58,000,000 | -16,000,000 | -25,000,000 | -84,000,000 | ||||||||||||||||
loss on dispositions | 6,000,000 | 2,000,000 | -6,000,000 | 7,000,000 | -1,000,000 | -414,000,000 | 40,000,000 | -2,037,000,000 | 10,000,000 | 4,000,000 | |||||||||||||||||||||||||||
provision for losses on accounts receivable | 3,000,000 | 3,000,000 | 3,000,000 | -1,000,000 | 3,000,000 | 7,000,000 | 0 | 2,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 1,000,000 | -3,000,000 | 1,000,000 | 7,000,000 | 10,000,000 | 35,000,000 | ||||||||||||||||||||
unrealized foreign currency exchange losses | 62,000,000 | -20,000,000 | -22,000,000 | 40,000,000 | 136,000,000 | -132,000,000 | |||||||||||||||||||||||||||||||
impairment losses and contract write-offs | 3,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 7,000,000 | 16,000,000 | 5,000,000 | 4,000,000 | 1,000,000 | 3,000,000 | 7,000,000 | 7,000,000 | 16,000,000 | 10,000,000 | 30,000,000 | 4,000,000 | 207,000,000 | 26,000,000 | |||||||||||||||||||
amortization of debt issuance costs and discount | |||||||||||||||||||||||||||||||||||||
cash surrender value in excess of premiums paid | |||||||||||||||||||||||||||||||||||||
other non-cash charges | 10,000,000 | 0 | -5,000,000 | -3,000,000 | 4,000,000 | 0 | -2,000,000 | 5,000,000 | 6,000,000 | -2,000,000 | 7,000,000 | -1,000,000 | -5,000,000 | 3,000,000 | 14,000,000 | -2,000,000 | 0 | 3,000,000 | 3,000,000 | 3,000,000 | -12,000,000 | 7,000,000 | 5,000,000 | 7,000,000 | -5,000,000 | 32,000,000 | -3,000,000 | -30,000,000 | 12,000,000 | -19,000,000 | 8,000,000 | 2,000,000 | 13,000,000 | ||||
changes in assets and liabilities, net of effects of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||
decrease in receivables | |||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accruals | |||||||||||||||||||||||||||||||||||||
increase in income taxes payable and income tax liability | |||||||||||||||||||||||||||||||||||||
decrease in operating lease liability | -76,000,000 | -76,000,000 | -77,000,000 | -76,000,000 | -74,000,000 | -75,000,000 | -80,000,000 | -80,000,000 | -84,000,000 | -88,000,000 | -91,000,000 | -90,000,000 | -93,000,000 | -97,000,000 | -108,000,000 | -106,000,000 | -113,000,000 | -117,000,000 | -124,000,000 | -130,000,000 | -153,000,000 | -156,000,000 | -151,000,000 | -156,000,000 | -192,000,000 | -166,000,000 | -166,000,000 | -174,000,000 | |||||||||
decrease in advance contract payments and deferred revenue | |||||||||||||||||||||||||||||||||||||
other operating activities | |||||||||||||||||||||||||||||||||||||
net cash from operating activities | 239,000,000 | 414,000,000 | 409,000,000 | 186,000,000 | 315,000,000 | 650,000,000 | 195,000,000 | 238,000,000 | 280,000,000 | 706,000,000 | 248,000,000 | 127,000,000 | 415,000,000 | 625,000,000 | 212,000,000 | 163,000,000 | 271,000,000 | 696,000,000 | 563,000,000 | -29,000,000 | -280,000,000 | -187,000,000 | 472,000,000 | 119,000,000 | 288,000,000 | 477,000,000 | 1,651,000,000 | -66,000,000 | 748,000,000 | 150,000,000 | 412,000,000 | 473,000,000 | 701,000,000 | 999,000,000 | 1,009,000,000 | 534,000,000 | -1,938,000,000 |
capital expenditures | -70,000,000 | -55,000,000 | -44,000,000 | -43,000,000 | -77,000,000 | -82,000,000 | -41,000,000 | -48,000,000 | -38,000,000 | -36,000,000 | -53,000,000 | -55,000,000 | -55,000,000 | -66,000,000 | -78,000,000 | -68,000,000 | -37,000,000 | -52,000,000 | -67,000,000 | -98,000,000 | -46,000,000 | -59,000,000 | -61,000,000 | -95,000,000 | -110,000,000 | -48,000,000 | -87,000,000 | -105,000,000 | -78,000,000 | -86,000,000 | -54,000,000 | -79,000,000 | -49,000,000 | -52,000,000 | -54,000,000 | -69,000,000 | 0 |
free cash flows | 169,000,000 | 359,000,000 | 365,000,000 | 143,000,000 | 238,000,000 | 568,000,000 | 154,000,000 | 190,000,000 | 242,000,000 | 670,000,000 | 195,000,000 | 72,000,000 | 360,000,000 | 559,000,000 | 134,000,000 | 95,000,000 | 234,000,000 | 644,000,000 | 496,000,000 | -127,000,000 | -326,000,000 | -246,000,000 | 411,000,000 | 24,000,000 | 178,000,000 | 429,000,000 | 1,564,000,000 | -171,000,000 | 670,000,000 | 64,000,000 | 358,000,000 | 394,000,000 | 652,000,000 | 947,000,000 | 955,000,000 | 465,000,000 | -1,938,000,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -70,000,000 | -55,000,000 | -44,000,000 | -43,000,000 | -77,000,000 | -82,000,000 | -41,000,000 | -48,000,000 | -38,000,000 | -36,000,000 | -53,000,000 | -55,000,000 | -55,000,000 | -66,000,000 | -78,000,000 | -68,000,000 | -37,000,000 | -52,000,000 | -67,000,000 | -98,000,000 | -46,000,000 | -59,000,000 | -61,000,000 | -95,000,000 | -110,000,000 | -48,000,000 | -87,000,000 | -105,000,000 | -78,000,000 | -86,000,000 | -54,000,000 | -79,000,000 | -49,000,000 | -52,000,000 | -54,000,000 | -69,000,000 | |
payments for transition and transformation contract costs | -21,000,000 | -27,000,000 | -28,000,000 | -30,000,000 | -29,000,000 | -33,000,000 | -35,000,000 | -38,000,000 | -39,000,000 | -49,000,000 | -48,000,000 | -62,000,000 | -57,000,000 | -52,000,000 | -57,000,000 | -57,000,000 | -57,000,000 | -45,000,000 | -52,000,000 | -55,000,000 | -72,000,000 | -53,000,000 | -54,000,000 | -82,000,000 | -61,000,000 | -62,000,000 | -86,000,000 | -72,000,000 | -100,000,000 | -111,000,000 | -91,000,000 | -92,000,000 | |||||
software purchased and developed | -38,000,000 | -66,000,000 | -97,000,000 | -16,000,000 | -98,000,000 | -52,000,000 | -71,000,000 | -107,000,000 | -48,000,000 | -36,000,000 | -56,000,000 | -85,000,000 | -34,000,000 | -44,000,000 | -60,000,000 | -50,000,000 | -84,000,000 | -49,000,000 | -40,000,000 | -122,000,000 | -45,000,000 | -107,000,000 | -54,000,000 | -48,000,000 | -57,000,000 | -52,000,000 | -63,000,000 | -63,000,000 | -78,000,000 | -58,000,000 | -76,000,000 | -49,000,000 | -54,000,000 | -71,000,000 | -39,000,000 | -47,000,000 | |
business dispositions | 0 | -5,000,000 | -199,000,000 | 1,000,000 | 14,000,000 | 6,000,000 | 0 | 513,000,000 | 5,000,000 | 0 | 0 | 0 | -65,000,000 | ||||||||||||||||||||||||
proceeds from sale of assets | 9,000,000 | 3,000,000 | 13,000,000 | 10,000,000 | 35,000,000 | 56,000,000 | 65,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 54,000,000 | 11,000,000 | 6,000,000 | 56,000,000 | 95,000,000 | 14,000,000 | 5,000,000 | 8,000,000 | 20,000,000 | 67,000,000 | 137,000,000 | 19,000,000 | 2,000,000 | 6,000,000 | 18,000,000 | 15,000,000 | 19,000,000 | 21,000,000 | 74,000,000 | 226,000,000 | 38,000,000 | 19,000,000 | 29,000,000 | 9,000,000 | 11,000,000 | 9,000,000 | |
other investing activities | 1,000,000 | 2,000,000 | 11,000,000 | 2,000,000 | 0 | 0 | 1,000,000 | 2,000,000 | 8,000,000 | 2,000,000 | 3,000,000 | -1,000,000 | 12,000,000 | 5,000,000 | 6,000,000 | 26,000,000 | 3,000,000 | 6,000,000 | -8,000,000 | -8,000,000 | -6,000,000 | 9,000,000 | -1,000,000 | 6,000,000 | 2,000,000 | 12,000,000 | 1,000,000 | 10,000,000 | 7,000,000 | -8,000,000 | 10,000,000 | 14,000,000 | -35,000,000 | 15,000,000 | |||
net cash from investing activities | -119,000,000 | -143,000,000 | -145,000,000 | -77,000,000 | -169,000,000 | -85,000,000 | -70,000,000 | -188,000,000 | -124,000,000 | -83,000,000 | -85,000,000 | -199,000,000 | -336,000,000 | -106,000,000 | -1,000,000 | -192,000,000 | -153,000,000 | -106,000,000 | -112,000,000 | 311,000,000 | 165,000,000 | 4,734,000,000 | -173,000,000 | -61,000,000 | -15,000,000 | -75,000,000 | -225,000,000 | -1,822,000,000 | 109,000,000 | 44,000,000 | 200,000,000 | -284,000,000 | -246,000,000 | -224,000,000 | -422,000,000 | 859,000,000 | -71,000,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||
borrowings of commercial paper | 0 | 0 | 44,000,000 | 323,000,000 | 248,000,000 | 438,000,000 | 552,000,000 | 546,000,000 | 151,000,000 | 653,000,000 | 418,000,000 | 292,000,000 | 228,000,000 | 137,000,000 | 487,000,000 | 216,000,000 | 632,000,000 | 24,000,000 | 82,000,000 | 748,000,000 | 929,000,000 | 1,131,000,000 | 1,478,000,000 | 1,401,000,000 | 894,000,000 | 695,000,000 | 525,000,000 | 633,000,000 | 591,000,000 | 640,000,000 | 571,000,000 | 611,000,000 | |||||
repayments of commercial paper | 0 | 0 | -197,000,000 | -172,000,000 | -606,000,000 | -440,000,000 | -536,000,000 | -305,000,000 | -445,000,000 | -655,000,000 | -418,000,000 | -239,000,000 | -84,000,000 | -142,000,000 | -485,000,000 | -194,000,000 | -525,000,000 | -819,000,000 | -191,000,000 | -317,000,000 | -1,183,000,000 | -1,027,000,000 | -1,465,000,000 | -1,401,000,000 | -987,000,000 | -695,000,000 | -525,000,000 | -633,000,000 | -591,000,000 | -639,000,000 | -514,000,000 | -553,000,000 | |||||
principal payments on long-term debt | 0 | 0 | -1,000,000 | -2,519,000,000 | -352,000,000 | -626,000,000 | -1,450,000,000 | -392,000,000 | -1,084,000,000 | -10,000,000 | -510,000,000 | -10,000,000 | -509,000,000 | -6,000,000 | -583,000,000 | -758,000,000 | -1,278,000,000 | 476,000,000 | -471,000,000 | -1,401,000,000 | -151,000,000 | ||||||||||||||||
payments on finance leases and borrowings for asset financing | -34,000,000 | -47,000,000 | -58,000,000 | -49,000,000 | -56,000,000 | -77,000,000 | -74,000,000 | -91,000,000 | -97,000,000 | -102,000,000 | -100,000,000 | -131,000,000 | -112,000,000 | -125,000,000 | -115,000,000 | -159,000,000 | -135,000,000 | -184,000,000 | -177,000,000 | -494,000,000 | -236,000,000 | -207,000,000 | -242,000,000 | -245,000,000 | -219,000,000 | -225,000,000 | -211,000,000 | -210,000,000 | |||||||||
proceeds from bond issuance | -5,000,000 | 0 | 0 | 0 | 0 | 342,000,000 | 0 | ||||||||||||||||||||||||||||||
taxes paid related to net share settlements of share-based compensation awards | -1,000,000 | 0 | -1,000,000 | -12,000,000 | -2,000,000 | 0 | -1,000,000 | -17,000,000 | -1,000,000 | 0 | -1,000,000 | -33,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -12,000,000 | -3,000,000 | -2,000,000 | -2,000,000 | -11,000,000 | -2,000,000 | -2,000,000 | 0 | -3,000,000 | -1,000,000 | -3,000,000 | 0 | -12,000,000 | -2,000,000 | -32,000,000 | -19,000,000 | -1,000,000 | -1,000,000 | -9,000,000 | -4,000,000 | -62,000,000 | |
repurchase of common stock | -61,000,000 | -64,000,000 | -76,000,000 | -48,000,000 | 0 | -12,000,000 | 0 | -2,000,000 | -143,000,000 | -344,000,000 | -91,000,000 | -806,000,000 | -133,000,000 | -314,000,000 | 0 | -52,000,000 | -14,000,000 | ||||||||||||||||||||
other financing activities | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | 21,000,000 | -11,000,000 | -2,000,000 | -6,000,000 | -2,000,000 | 0 | 0 | -1,000,000 | -5,000,000 | -89,000,000 | -3,000,000 | -4,000,000 | 17,000,000 | -7,000,000 | -5,000,000 | -6,000,000 | -3,000,000 | -1,000,000 | -12,000,000 | 4,000,000 | -36,000,000 | -10,000,000 | 46,000,000 | 14,000,000 | -3,000,000 | -23,000,000 | -6,000,000 | 5,000,000 | -4,000,000 | |||
net cash from financing activities | -102,000,000 | -428,000,000 | -136,000,000 | -110,000,000 | -60,000,000 | -68,000,000 | -230,000,000 | 41,000,000 | -610,000,000 | -356,000,000 | -311,000,000 | -210,000,000 | -814,000,000 | -180,000,000 | -119,000,000 | -394,000,000 | -358,000,000 | -397,000,000 | -197,000,000 | -866,000,000 | -805,000,000 | -3,708,000,000 | -2,749,000,000 | 1,786,000,000 | 962,000,000 | -785,000,000 | -407,000,000 | 887,000,000 | -480,000,000 | -497,000,000 | -386,000,000 | -300,000,000 | -754,000,000 | -515,000,000 | -453,000,000 | -168,000,000 | 2,824,000,000 |
effect of exchange rate changes on cash and cash equivalents | -12,000,000 | 0 | -32,000,000 | -3,000,000 | -13,000,000 | -22,000,000 | 36,000,000 | 2,000,000 | -13,000,000 | 12,000,000 | -2,000,000 | -4,000,000 | -41,000,000 | -50,000,000 | 4,000,000 | 27,000,000 | -15,000,000 | 13,000,000 | 19,000,000 | 11,000,000 | 23,000,000 | -14,000,000 | -116,000,000 | 63,000,000 | -7,000,000 | -30,000,000 | 47,000,000 | -2,000,000 | -25,000,000 | -39,000,000 | 21,000,000 | -5,000,000 | 20,000,000 | 29,000,000 | |||
net increase in cash and cash equivalents | 6,000,000 | -157,000,000 | 96,000,000 | -4,000,000 | 73,000,000 | 478,000,000 | -72,000,000 | 93,000,000 | -247,000,000 | -508,000,000 | -951,000,000 | 1,830,000,000 | 424,000,000 | -305,000,000 | 201,000,000 | -150,000,000 | -278,000,000 | 255,000,000 | 154,000,000 | 1,254,000,000 | |||||||||||||||||
cash and cash equivalents at beginning of year | 0 | 0 | 0 | 1,796,000,000 | 0 | 0 | 0 | 1,224,000,000 | 0 | 0 | 0 | 1,858,000,000 | 0 | 0 | 0 | 2,672,000,000 | 0 | 0 | 0 | 2,968,000,000 | 0 | 0 | 0 | 3,679,000,000 | 0 | 0 | 0 | 2,899,000,000 | 0 | 0 | 0 | 2,729,000,000 | 0 | 0 | 0 | 1,263,000,000 | |
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||
unrealized foreign currency exchange loss | 35,000,000 | 26,000,000 | -1,000,000 | 23,000,000 | 11,000,000 | 23,000,000 | 46,000,000 | ||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||
decrease in assets | 49,000,000 | 121,000,000 | 90,000,000 | 201,000,000 | -28,000,000 | 161,000,000 | 208,000,000 | 160,000,000 | 63,000,000 | 269,000,000 | -116,000,000 | -69,000,000 | 38,000,000 | 322,000,000 | 26,000,000 | 31,000,000 | -26,000,000 | ||||||||||||||||||||
decrease in other liabilities | -100,000,000 | -117,000,000 | -205,000,000 | 78,000,000 | -165,000,000 | -269,000,000 | 114,000,000 | -329,000,000 | -323,000,000 | -56,000,000 | -117,000,000 | -248,000,000 | -321,000,000 | -370,000,000 | -6,000,000 | -131,000,000 | -211,000,000 | -98,000,000 | -366,000,000 | ||||||||||||||||||
cash and cash equivalents at end of period | -157,000,000 | 96,000,000 | 1,792,000,000 | 478,000,000 | -72,000,000 | 1,317,000,000 | 279,000,000 | -164,000,000 | 1,576,000,000 | -169,000,000 | 51,000,000 | 2,209,000,000 | 220,000,000 | 239,000,000 | 2,460,000,000 | 840,000,000 | -2,430,000,000 | 5,509,000,000 | -320,000,000 | 1,012,000,000 | 1,868,000,000 | -305,000,000 | 201,000,000 | 2,579,000,000 | 255,000,000 | 154,000,000 | 2,517,000,000 | 1,263,000,000 | |||||||||
unrealized foreign currency exchange gain | 9,000,000 | -47,000,000 | -1,000,000 | -11,000,000 | -8,000,000 | -32,000,000 | -11,000,000 | ||||||||||||||||||||||||||||||
net increase in cash and cash equivalents including cash classified within current assets held for sale | -236,000,000 | -571,000,000 | -901,000,000 | ||||||||||||||||||||||||||||||||||
cash classified within current assets held for sale | 0 | 10,000,000 | -11,000,000 | 0 | 0 | 63,000,000 | |||||||||||||||||||||||||||||||
gain on dispositions | -1,000,000 | -1,000,000 | 22,000,000 | -114,000,000 | -30,000,000 | -9,000,000 | -217,000,000 | -11,000,000 | 30,000,000 | -62,000,000 | 4,000,000 | -8,000,000 | -72,000,000 | -19,000,000 | -46,000,000 | ||||||||||||||||||||||
increase in advance contract payments and deferred revenue | |||||||||||||||||||||||||||||||||||||
proceeds from stock options and other common stock transactions | 1,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 0 | 3,000,000 | 9,000,000 | 0 | 0 | 1,000,000 | 3,000,000 | 7,000,000 | 7,000,000 | 4,000,000 | 27,000,000 | 9,000,000 | 31,000,000 | 15,000,000 | 67,000,000 | 25,000,000 | ||||||||||||||||
proceeds from short-term investing | |||||||||||||||||||||||||||||||||||||
debt extinguishment costs | 0 | 2,000,000 | 281,000,000 | 28,000,000 | |||||||||||||||||||||||||||||||||
borrowings on long-term debt | 0 | 0 | 0 | 19,000,000 | |||||||||||||||||||||||||||||||||
payments for debt extinguishment costs | 0 | 0 | -316,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents including cash classified within current assets held for sale | -467,000,000 | 279,000,000 | -164,000,000 | -282,000,000 | -737,000,000 | 335,000,000 | 51,000,000 | -473,000,000 | |||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -467,000,000 | 279,000,000 | -164,000,000 | -282,000,000 | -233,000,000 | -169,000,000 | 51,000,000 | -463,000,000 | -1,031,000,000 | ||||||||||||||||||||||||||||
repurchase of common stock and advance payment for accelerated share repurchase | -220,000,000 | -285,000,000 | 0 | -272,000,000 | -276,000,000 | -202,000,000 | -102,000,000 | -48,000,000 | 0 | -86,000,000 | -150,000,000 | -500,000,000 | |||||||||||||||||||||||||
business dispositions, net of cash sold | -7,000,000 | -36,000,000 | |||||||||||||||||||||||||||||||||||
short-term investing | -3,000,000 | 0 | 0 | 0 | 0 | -75,000,000 | |||||||||||||||||||||||||||||||
increase in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||
proceeds for acquisitions, net of cash acquired | |||||||||||||||||||||||||||||||||||||
cash collections related to deferred purchase price receivable | 0 | 0 | 0 | 159,000,000 | 158,000,000 | 142,000,000 | 0 | 371,000,000 | 323,000,000 | ||||||||||||||||||||||||||||
borrowings under lines of credit | 0 | 0 | 0 | 2,500,000,000 | |||||||||||||||||||||||||||||||||
repayment of borrowings under lines of credit | 0 | -1,250,000,000 | -2,000,000,000 | -750,000,000 | -402,000,000 | 0 | |||||||||||||||||||||||||||||||
dividend payments | 0 | 0 | 0 | -53,000,000 | -53,000,000 | -54,000,000 | -56,000,000 | -51,000,000 | -51,000,000 | -54,000,000 | -54,000,000 | -51,000,000 | -51,000,000 | -51,000,000 | -52,000,000 | -20,000,000 | |||||||||||||||||||||
change in cash classified within current assets held for sale | |||||||||||||||||||||||||||||||||||||
increase in other liabilities | |||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash acquired | 0 | 0 | -10,000,000 | 0 | -76,000,000 | -10,000,000 | -1,911,000,000 | -33,000,000 | -289,000,000 | 0 | -43,000,000 | -10,000,000 | -41,000,000 | ||||||||||||||||||||||||
borrowings for usps spin transaction | 0 | 0 | 0 | 1,114,000,000 | |||||||||||||||||||||||||||||||||
less: cash classified within current assets held for sale | -50,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
pension and other post-employment benefits, actuarial and settlement losses | |||||||||||||||||||||||||||||||||||||
borrowings on long-term debt, net of discount | 0 | 0 | 993,000,000 | 0 | 0 | 0 | 2,198,000,000 | 0 | 1,163,000,000 | 0 | 483,000,000 | 0 | 6,000,000 | ||||||||||||||||||||||||
net loss | -37,000,000 | ||||||||||||||||||||||||||||||||||||
increase in assets | -100,000,000 | -335,000,000 | -196,000,000 | -27,000,000 | |||||||||||||||||||||||||||||||||
pension & other post-employment benefits, actuarial & settlement (gains) losses | |||||||||||||||||||||||||||||||||||||
benefit from losses on accounts receivable | |||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and (premium) discount | |||||||||||||||||||||||||||||||||||||
decrease (increase) in receivables | |||||||||||||||||||||||||||||||||||||
cash acquired through hpes merger | |||||||||||||||||||||||||||||||||||||
unrealized foreign currency exchange gains | -36,000,000 | -14,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||
increase in receivables | |||||||||||||||||||||||||||||||||||||
increase in accounts payable and accruals | |||||||||||||||||||||||||||||||||||||
payments on capital leases and borrowings for asset financing | -234,000,000 | -235,000,000 | -216,000,000 | -259,000,000 | |||||||||||||||||||||||||||||||||
proceeds from structured sale of facility | |||||||||||||||||||||||||||||||||||||
decrease in liabilities | |||||||||||||||||||||||||||||||||||||
cash acquired through merger | 0 | 0 | 974,000,000 | ||||||||||||||||||||||||||||||||||
increase in liabilities | -63,000,000 | -78,000,000 | -58,000,000 | 104,000,000 | |||||||||||||||||||||||||||||||||
deferred purchase price receivable | 376,000,000 | 33,000,000 | |||||||||||||||||||||||||||||||||||
deferred tax benefit | |||||||||||||||||||||||||||||||||||||
decrease in deferred purchase price receivable | |||||||||||||||||||||||||||||||||||||
sec settlement related charges | |||||||||||||||||||||||||||||||||||||
payments for outsourcing contract costs | -69,000,000 | -83,000,000 | -153,000,000 | -23,000,000 | |||||||||||||||||||||||||||||||||
restricted cash | |||||||||||||||||||||||||||||||||||||
borrowings for csra spin transaction | |||||||||||||||||||||||||||||||||||||
transfers of cash to csra upon separation | |||||||||||||||||||||||||||||||||||||
(gain) on dispositions | |||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 43,000,000 | ||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | -6,000,000 | ||||||||||||||||||||||||||||||||||||
restructuring charges | 61,000,000 | ||||||||||||||||||||||||||||||||||||
other | 24,000,000 | ||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||
accounts receivable | -165,000,000 | ||||||||||||||||||||||||||||||||||||
financing receivables | 35,000,000 | ||||||||||||||||||||||||||||||||||||
accounts payable | -38,000,000 | ||||||||||||||||||||||||||||||||||||
taxes on earnings | -4,000,000 | ||||||||||||||||||||||||||||||||||||
restructuring | -179,000,000 | ||||||||||||||||||||||||||||||||||||
other assets and liabilities | -2,005,000,000 | ||||||||||||||||||||||||||||||||||||
investment in property, plant and equipment | -78,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of property, plant and equipment | 4,000,000 | ||||||||||||||||||||||||||||||||||||
purchases of available-for-sale securities and other investments | |||||||||||||||||||||||||||||||||||||
maturities and sales of available-for-sale securities and other investments | |||||||||||||||||||||||||||||||||||||
proceeds from business divestiture, and other | 3,000,000 | ||||||||||||||||||||||||||||||||||||
payment of debt | -1,000,000 | ||||||||||||||||||||||||||||||||||||
principal payments on capital lease obligations | -194,000,000 | ||||||||||||||||||||||||||||||||||||
net transfers from parent | 3,019,000,000 | ||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 815,000,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 448,000,000 | ||||||||||||||||||||||||||||||||||||
supplemental schedule of non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||
property, plant and equipment acquired through capital leases |
