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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (283) $ (531)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation of property, equipment and capitalized software 431 449
Depreciation of right-of-use assets 173 191
Amortization of transition costs and prepaid software 631 584
Amortization of capitalized contract costs 281 222
Amortization of acquisition-related intangible assets 15 25
Stock-based compensation 48 54
Deferred taxes 51 41
Net (gain) loss on asset sales and other 22 21
Change in operating assets and liabilities:    
Deferred costs (excluding amortization) (699) (738)
Right-of-use assets and liabilities (excluding depreciation) (195) (193)
Workforce rebalancing liabilities (18) (1)
Receivables (110) 471
Accounts payable (494) 181
Taxes (55) 33
Other assets and other liabilities 75 (316)
Net cash provided by (used in) operating activities (127) 491
Cash flows from investing activities:    
Capital expenditures (275) (466)
Proceeds from disposition of property and equipment 119 10
Other investing activities, net (53) (60)
Net cash used in investing activities (208) (516)
Cash flows from financing activities:    
Debt repayments (67) (56)
Common stock repurchases for tax withholdings (12) (13)
Other financing activities, net (1)  
Net cash provided by (used in) financing activities (80) (69)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (33) (160)
Net change in cash, cash equivalents and restricted cash (448) (253)
Cash, cash equivalents and restricted cash at beginning of period 1,860 2,154
Cash, cash equivalents and restricted cash at end of period 1,412 1,901
Supplemental data    
Income taxes paid, net of refunds received 88 37
Interest paid on debt $ 59 $ 34