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Goodwill (Tables)
9 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in the Carrying Amount of Goodwill by Segment

The following table summarizes the changes in the carrying amount of goodwill, by segment, as of December 31, 2019.

(in millions)
 
GBS
 
GIS
 
Total
Goodwill, gross
 
$
5,300

 
$
5,068

 
$
10,368

Accumulated impairment losses
 
(701
)
 
(2,061
)
 
(2,762
)
Balance as of March 31, 2019, net
 
$
4,599

 
$
3,007

 
$
7,606


 
 
 
 
 
 
Acquisitions
 
1,271

 
65

 
1,336

Foreign currency translation
 
1

 

 
1

Impairment losses(1)
 
(2,675
)
 
(265
)
 
(2,940
)
 
 
 
 
 
 
 
Goodwill, gross
 
6,572

 
5,133

 
11,705

Accumulated impairment losses
 
(3,376
)
 
(2,326
)
 
(5,702
)
Balance as of December 31, 2019, net
 
$
3,196

 
$
2,807

 
$
6,003

        

(1) While preparing the fiscal 2020 third quarter financial statements, DXC recorded out-of-period corrections for previously unrecognized tax effects on tax deductible goodwill balances impaired during the fiscal 2020 second quarter. As a result, the balance sheet at December 31, 2019 includes reclassifications to reduce goodwill and increase deferred income taxes by $53 million. The income statement for the fiscal 2020 third quarter includes reclassifications that increase goodwill impairment losses and increase income tax benefit by $53 million. Based on an analysis of quantitative and qualitative factors, DXC determined that the out-of-period corrections are immaterial to the prior reporting periods affected.