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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,453 $ 2,964
Accounts receivable, net of allowance of $8 and $56, respectively 3,956 3,371
Contract assets 531 519
Inventories 7,726 6,580
Other current assets 964 903
Total current assets 15,630 14,337
Property and equipment, net 2,201 2,125
Operating lease right-of-use assets, net 596 637
Goodwill 1,325 1,342
Other intangible assets, net 328 411
Other assets 543 473
Total assets 20,623 19,325
Current liabilities:    
Bank borrowings and current portion of long-term debt 916 949
Accounts payable 6,818 6,254
Accrued payroll 479 470
Deferred revenue and customer working capital advances 2,700 2,002
Other current liabilities 1,233 1,036
Total current liabilities 12,146 10,711
Long-term debt, net of current portion 3,081 3,248
Operating lease liabilities, non-current 495 551
Other liabilities 631 608
Total liabilities 16,353 15,118
Redeemable noncontrolling interest 90 78
Shareholders’ equity    
Ordinary shares, no par value; 1,500,000,000 authorized, 503,876,758 and 510,799,667 issued, and 453,637,403 and 460,560,312 outstanding, respectively 5,852 6,052
Treasury stock, at cost; 50,239,355 shares as of September 30, 2022 and March 31, 2022 (388) (388)
Accumulated deficit (932) (1,353)
Accumulated other comprehensive loss (352) (182)
Total shareholders’ equity 4,180 4,129
Total liabilities, redeemable noncontrolling interest, and shareholders' equity $ 20,623 $ 19,325