XML 198 R46.htm IDEA: XBRL DOCUMENT v3.21.2
Stock Incentive Plans (Tables)
6 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Share Based Compensation Shares Authorized Under Stock Option Plans
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 September 30, 2021
Reserved for
Issuance
Available for
Future Grants
DXC Employee Equity Plan51,200,000 30,904,322 
DXC Director Equity Plan745,000 361,651 
DXC Share Purchase Plan250,000 147,789 
Total52,195,000 31,413,762 
Disclosure of Share Based Compensation Arrangements by Share Based Payment Award
Stock Options
Number
of Option Shares
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
(in millions)
Outstanding as of March 31, 20211,675,580 $30.43 3.61$
Granted— $— 
Exercised(448,416)$24.11 $
Canceled/Forfeited— $— 
Expired(28,774)$34.97 
Outstanding as of September 30, 20211,198,390 $32.69 3.34$
Vested and exercisable as of September 30, 20211,198,390 $32.69 3.34$

Restricted Stock

Employee Equity PlanDirector Equity Plan
Number of
Shares
Weighted Average Grant Date
Fair Value
Number of
Shares
Weighted Average Grant Date
Fair Value
Outstanding as of March 31, 20218,326,220 $28.98 184,660 $28.42 
Granted2,884,460 $51.47 74,300 $35.18 
Settled(1,739,285)$32.96 (102,238)$21.43 
Canceled/Forfeited(1,110,027)$36.74 — $— 
Outstanding as of September 30, 20218,361,368 $36.04 156,722 $36.18 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-Based Compensation

Three Months EndedSix Months Ended
(in millions)September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Total share-based compensation cost$26 $20 $51 $36 
Related income tax benefit $$$$
Total intrinsic value of options exercised$$— $$— 
Tax benefits from exercised stock options and awards$$$15 $