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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (141) $ (250)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation of property, equipment and capitalized software 210 228
Depreciation of right-of-use assets 91 85
Amortization of transition costs and prepaid software 325 293
Amortization of capitalized contract costs 138 111
Amortization of intangible assets 8 14
Stock-based compensation 22 26
Deferred taxes 26 46
Net (gain) loss on asset sales and other 29 2
Change in operating assets and liabilities:    
Deferred costs (excluding amortization) (418) (369)
Right-of-use assets and liabilities (excluding depreciation) (103) (84)
Workforce rebalancing liabilities (23) 6
Receivables 53 222
Accounts payable (143) (14)
Taxes (25) 12
Other assets and other liabilities (222) (224)
Net cash provided by (used in) operating activities (173) 104
Cash flows from investing activities:    
Capital expenditures (100) (213)
Proceeds from disposition of property and equipment 6 7
Other investing activities, net (19) (13)
Net cash used in investing activities (113) (218)
Cash flows from financing activities:    
Debt repayments (30) (28)
Common stock repurchases for tax withholdings (7) (13)
Other financing activities, net (1)  
Net cash provided by (used in) financing activities (38) (41)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (15) (111)
Net change in cash, cash equivalents and restricted cash (339) (266)
Cash, cash equivalents and restricted cash at beginning of period 1,860 2,154
Cash, cash equivalents and restricted cash at end of period 1,521 1,888
Supplemental data    
Income taxes paid, net of refunds received 65 8
Interest paid on debt $ 46 $ 38