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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,574 $ 2,637
Accounts receivable, net of allowance of $56 and $61, respectively 3,493 3,959
Contract assets 390 282
Inventories 5,958 3,895
Other current assets 798 590
Total current assets 13,213 11,363
Property and equipment, net 2,112 2,097
Operating lease right-of-use assets, net 622 642
Goodwill 1,346 1,090
Other intangible assets, net 428 213
Other assets 454 431
Total assets 18,175 15,836
Current liabilities:    
Bank borrowings and current portion of long-term debt 648 268
Accounts payable 5,992 5,247
Accrued payroll 465 473
Deferred revenue and customer working capital advances 1,549 848
Other current liabilities 988 998
Total current liabilities 9,642 7,834
Long-term debt, net of current portion 3,798 3,515
Operating lease liabilities, non-current 545 562
Other liabilities 535 489
Shareholders’ equity    
Ordinary shares, no par value; 516,858,940 and 542,807,200 issued, and 466,619,585 and 492,567,845 outstanding, respectively 5,721 6,232
Treasury stock, at cost; 50,239,355 shares as of December 31, 2021 and March 31, 2021 (388) (388)
Accumulated deficit (1,520) (2,289)
Accumulated other comprehensive loss (158) (119)
Total shareholders’ equity 3,655 3,436
Total liabilities and shareholders’ equity $ 18,175 $ 15,836