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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 736 $ (146) $ (5,358)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,742 1,988 1,960
Goodwill impairment losses 0 0 6,794
Operating right-of-use expense 484 616 698
Pension & other post-employment benefits, actuarial & settlement (gains) losses (684) 519 (244)
Share-based compensation 101 56 68
Deferred taxes 255 (403) (56)
(Gain) loss on dispositions (421) (1,983) 1
Provision for losses on accounts receivable 5 53 3
Unrealized foreign currency exchange (gains) losses (12) (36) 24
Impairment losses and contract write-offs 51 275 30
Debt extinguishment costs 311 41 0
Amortization of debt issuance costs and discount (premium) 0 3 (4)
Cash surrender value in excess of premiums paid (24) (3) (12)
Other non-cash charges, net 15 1 0
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Decrease in receivables 228 257 269
Increase in prepaid expenses and other current assets (48) (299) (229)
Decrease in accounts payable and accruals (714) (527) (565)
(Decrease) increase in income taxes payable and income tax liability (315) 434 (197)
Decrease in operating lease liability (484) (616) (698)
Increase (decrease) in advance contract payments and deferred revenue 270 (66) (146)
Other operating activities, net 5 (40) 12
Net cash provided by operating activities 1,501 124 2,350
Cash flows from investing activities:      
Purchases of property and equipment (254) (261) (350)
Payments for transition and transformation contract costs (209) (261) (281)
Software purchased and developed (295) (254) (235)
Proceeds (payments) for acquisitions, net of cash acquired 0 184 (1,997)
Business dispositions 533 4,947 0
Cash collections related to deferred purchase price receivable 0 159 671
Proceeds from sale of assets 100 164 73
Short-term investing 0 0 (75)
Proceeds from short-term investing 24 0 38
Other investing activities, net 41 (13) 19
Net cash (used in) provided by investing activities (60) 4,665 (2,137)
Cash flows from financing activities:      
Borrowings of commercial paper 1,068 1,486 4,939
Repayments of commercial paper (905) (1,852) (5,076)
Borrowings under lines of credit 0 2,500 1,500
Repayment of borrowings under lines of credit 0 (4,000) 0
Borrowings on long-term debt 19 0 2,198
Principal payments on long-term debt (2,872) (3,552) (1,039)
Payments on finance leases and borrowings for asset financing (990) (930) (865)
Proceeds from bond issuance 2,918 993 0
Proceeds from stock options and other common stock transactions 13 1 11
Taxes paid related to net share settlements of share-based compensation awards (18) (7) (16)
Repurchase of common stock and advance payment for accelerated share repurchase (628) 0 (736)
Dividend payments 0 (53) (214)
Payments for debt extinguishment costs (344) (41) 0
Other financing activities, net (79) (21) (45)
Net cash (used in) provided by financing activities (1,818) (5,476) 657
Effect of exchange rate changes on cash and cash equivalents 29 39 (90)
Net (decrease) increase in cash and cash equivalents including cash classified within current assets held for sale (348) (648) 780
Cash classified within current assets held for sale 52 (63) 0
Net (decrease) increase in cash and cash equivalents (296) (711) 780
Cash and cash equivalents at beginning of year 2,968 3,679 2,899
Cash and cash equivalents at end of year $ 2,672 $ 2,968 $ 3,679