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Stockholders' Equity
 9 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Stockholders' Equity
Stockholders' Equity

Share Repurchases

On April 3, 2017, DXC announced the establishment of a share repurchase program approved by the Board of Directors with an initial authorization of $2.0 billion for future repurchases of outstanding shares of DXC common stock. On November 8, 2018, DXC announced that its board of directors approved an incremental $2.0 billion share repurchase authorization. An expiration date has not been established for this repurchase plan.

The shares repurchased are retired immediately and included in the category of authorized but unissued shares. The excess of purchase price over par value of the common shares is allocated between additional paid-in capital and retained earnings. The details of shares repurchased are shown below:
 
 
Fiscal 2019
 
Fiscal 2018
Fiscal Period
 
Number of Shares Repurchased
 
Average Price Per Share
 
Amount (in millions)
 
Number of Shares Repurchased
 
Average Price Per Share
 
Amount (in millions)
1st Quarter
 
3,779,194
 
$
85.86

 
$
324

 
250,000

 
$
77.39

 
$
19

2nd Quarter
 
1,448,729

 
$
87.16

 
$
127

 
591,505

 
$
78.20

 
$
47

3rd Quarter
 
12,452,514

 
$
63.96

 
$
797

 
—

 
$
—

 
$
—

Total
 
17,680,437

 
$
70.58

 
$
1,248

 
841,505

 
$
77.96

 
$
66



Accumulated Other Comprehensive Income (Loss)

The following tables show the changes in accumulated other comprehensive income (loss), net of taxes:

 
 
Three Months Ended December 31,2018
(in millions)
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Available-for-sale Securities
 
Pension and Other Post-retirement Benefit Plans
 
Accumulated Other Comprehensive Loss
Balance at September 30, 2018
 
$
(669
)
 
$
(16
)
 
$
8

 
$
295

 
$
(382
)
Current-period other comprehensive loss
 
(64
)
 
5

 
—

 
(23
)
 
(82
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
—

 
4

 
—

 
(4
)
 
—

Balance at December 31, 2018
 
$
(733
)
 
$
(7
)
 
$
8

 
$
268

 
$
(464
)


 
 
Nine Months Ended December 31,2018
(in millions)
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Available-for-sale Securities
 
Pension and Other Post-retirement Benefit Plans
 
Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2018
 
$
(261
)
 
$
9

 
$
9

 
$
301

 
$
58

Current-period other comprehensive loss
 
(472
)
 
(25
)
 
(1
)
 
(23
)
 
(521
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
—

 
9

 
—

 
(10
)
 
(1
)
Balance at December 31, 2018
 
$
(733
)
 
$
(7
)
 
$
8

 
$
268

 
$
(464
)

 
 
Three Months Ended December 31,2017
(in millions)
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Pension and Other Post-retirement Benefit Plans
 
Accumulated Other Comprehensive Loss
Balance at September 30, 2017
 
$
(354
)
 
$
15

 
$
269

 
$
(70
)
Current-period other comprehensive loss
 
(47
)
 
5

 
—

 
(42
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
(3
)
 
—

 
(3
)
 
(6
)
Balance at December 31, 2017
 
$
(404
)
 
$
20

 
$
266

 
$
(118
)


 
 
Nine Months Ended December 31,2017
(in millions)
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Pension and Other Post-retirement Benefit Plans
 
Accumulated Other Comprehensive Loss
Balance at March 31, 2017
 
$
(458
)
 
$
20

 
$
276

 
$
(162
)
Current-period other comprehensive income
 
62

 
—

 
—

 
62

Amounts reclassified from accumulated other comprehensive loss
 
(8
)
 
—

 
(10
)
 
(18
)
Balance at December 31, 2017
 
$
(404
)
 
$
20

 
$
266

 
$
(118
)