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Debt (Tables)
 6 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The following is a summary of the Company’s debt:

(in millions)Interest RatesFiscal Year Maturities
9/30/2022(1)
3/31/2022(1)
Short-term debt and
current maturities of long-term debt
Commercial paper(2)
(0.38)% - 0.97%
2023$367 $362 
Current maturities of long-term debtVarious2023 - 2024232 249 
Current maturities of finance lease liabilities
0.34% - 14.01%
2023 - 2024235 289 
Short-term debt and current maturities of long-term debt$834 $900 
Long-term debt, net of current maturities
€650 million Senior notes
1.75%2026635 720 
$700 million Senior notes
1.80%2027695 694 
€750 million Senior notes
0.45%2028730 828 
$650 million Senior notes
2.375%2029645 644 
€600 million Senior notes
0.95%2032582 661 
Finance lease liabilities
0.34% - 14.01%
2023 - 2028529 643 
Borrowings for assets acquired under long-term financing
0.00% - 6.78%
2023 - 2027280 344 
Mandatorily redeemable preferred stock outstanding6.00%202363 63 
Other borrowingsVarious2023 - 20243 6 
Long-term debt4,162 4,603 
Less: current maturities 467 538 
Long-term debt, net of current maturities$3,695 $4,065 
        

(1)The carrying amounts of the senior notes as of September 30, 2022 and March 31, 2022, include the remaining principal outstanding of $3,309 million and $3,575 million, respectively, net of total unamortized debt (discounts) and premiums, and deferred debt issuance costs of $(22) million and $(28) million respectively.
(2)At DXC’s option, DXC can borrow up to a maximum of €1 billion or its equivalent in €, £, and $.