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Stock Incentive Plans (Tables)
 12 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Shares Authorized Under Stock Option Plan
The Board has reserved for issuance shares of DXC common stock, par value $0.01 per share, under each of the plans as detailed below:
As of March 31, 2021
Reserved for issuanceAvailable for future grants
DXC Employee Equity Plan51,200,000 32,858,137 
DXC Director Equity Plan745,000 435,951 
DXC Share Purchase Plan250,000 155,308 
Total52,195,000 33,449,396 
As of March 31, 2021
Options OutstandingOptions Exercisable
Range of Option Exercise Price
Number
Outstanding
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Number
Exercisable
Weighted
Average
Exercise
Price
$8.96 - $24.47
413,808 $19.72 2.56413,808 $19.71 
$25.14 - $41.92
798,509 $27.71 3.68798,509 $27.71 
$42.05 - $58.80
463,263 $44.70 4.42463,263 $44.70 
1,675,580 1,675,580 
Schedule of Employee Service Share-based Compensation
The Company recognized share-based compensation expense for fiscal 2021, 2020 and 2019 as follows:
Fiscal Years Ended
(in millions)March 31, 2021March 31, 2020March 31, 2019
Total share-based compensation cost$56 $68 $74 
Related income tax benefit$6 $12 $15 
Total intrinsic value of options exercised$1 $8 $44 
Tax benefits from exercised stock options and awards$6 $14 $39 
Schedule of Shares Outstanding Information concerning stock options granted under stock incentive plans was as follows:
Number
of Option Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(in millions)
Outstanding as of March 31, 2018 (1)
2,933,501 $32.54 5.24$185 
Granted— $— 
Issued due to Separation modification400,170 $31.72 
Exercised(969,103)$37.33 $44 
Canceled/Forfeited(14,607)$48.33 
Expired(31,193)$25.03 
Outstanding as of March 31, 20192,318,768 $30.40 4.80$79 
Granted— $— 
Exercised(331,172)$31.36 $8 
Canceled/Forfeited(2,213)$55.95 
Expired(115,568)$34.97 
Outstanding as of March 31, 20201,869,815 $29.92 4.27$— 
Granted— $— 
Exercised(89,335)$16.01 $1 
Canceled/Forfeited— $— 
Expired(104,900)$33.53 
Outstanding as of March 31, 20211,675,580 $30.43 3.61$8 
Vested and expected to vest in the future as of March 31, 20211,675,580 $30.43 3.61$8 
Exercisable as of March 31, 20211,675,580 $30.43 3.61$8 
        

(1) The amount of the weighted average exercise price per share has been revised to reflect the impact of the Separation.
Information concerning RSUs and PSUs granted under the stock incentive plans was as follows:
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding as of March 31, 2018 (1)
3,985,616 $47.25 
Granted1,136,002 $77.10 
Issued due to Separation modification649,649 $51.98 
Released/Issued(2,207,467)$33.05 
Canceled/Forfeited(754,025)$62.01 
Outstanding as of March 31, 20192,809,775 $67.27 
Granted3,166,405 $45.58 
Released/Issued(1,039,346)$54.39 
Canceled/Forfeited(762,358)$59.46 
Outstanding as of March 31, 20204,174,476 $55.45 
Granted8,026,810 $20.92 
Released/Issued(1,249,681)$52.82 
Canceled/Forfeited(2,625,385)$35.16 
Outstanding as of March 31, 20218,326,220 $28.98 
        

(1) The amount of the weighted average fair value per share has been revised to reflect the impact of the USPS Separation.
Information concerning RSUs granted to non-employee directors was as follows:
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding as of March 31, 2018 (1)
66,386 $37.26 
Granted19,200 $87.88 
Issued due to Separation modification10,488 $37.69 
Released/Issued(20,324)$51.59 
Canceled/Forfeited— $— 
Outstanding as of March 31, 201975,750 $46.31 
Granted62,200 $35.90 
Released/Issued(23,335)$60.90 
Canceled/Forfeited— $— 
Outstanding as of March 31, 2020114,615 $37.69 
Granted118,500 $18.82 
Released/Issued(48,455)$26.90 
Canceled/Forfeited— $— 
Outstanding as of March 31, 2021184,660 $28.42 
        

(1) The amount of the weighted average fair value per share has been revised to reflect the impact of the USPS Separation.