DXC Technology Company (DXC) financial statements (2020 and earlier)

Company profile

Business Address 1775 TYSONS BOULEVARD
TYSONS, VA 22102
State of Incorp. NV
Fiscal Year End March 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,8802,8992,648
Cash and cash equivalents2,8802,8992,648
Receivables4,6115,1815,913
Prepaid expense671627571
Other current assets328359485
Total current assets:8,4909,0669,617
Noncurrent Assets
Operating lease, right-of-use asset1,482
Nontrade receivables 13792
Property, plant and equipment3,5553,1793,646
Intangible assets, net (including goodwill)12,07713,54517,743
Goodwill5,7847,6069,652
Intangible assets, net (excluding goodwill)6,2935,9398,091
Deferred income tax assets330
Other noncurrent assets3,5823,4292,542
Other undisclosed noncurrent assets 218281
Total noncurrent assets:21,02620,50824,304
TOTAL ASSETS:29,51629,57433,921
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,2305,6735,940
Accounts payable1,6031,6661,708
Accrued liabilities2,9433,3553,466
Employee-related liabilities684652766
Deferred revenue1,571
Debt1,4711,9422,073
Restructuring reserve204  
Deferred revenue and credits1,694
Contract with customer, liability1,630
Other undisclosed current liabilities498208145
Total current liabilities:8,9749,4539,852
Noncurrent Liabilities
Long-term debt and lease obligation, including:7,6985,4706,306
Long-term debt, excluding current maturities7,6985,4706,306
Finance lease, liability688
Capital lease obligations645 
Operating lease, liability1,139
Other undisclosed long-term debt and lease obligation(1,827)(645) 
Liabilities, other than long-term debt1,6012,2652,597
Deferred revenue and credits802
Accounts payable and accrued liabilities 201 
Deferred revenue234
Contract with customer, liability256
Liability for uncertainty in income taxes 216 
Liability, pension and other postretirement and postemployment benefits 790879
Restructuring reserve35106 
Other liabilities1,332696916
Other undisclosed noncurrent liabilities2,3736611,329
Total noncurrent liabilities:11,6728,39610,232
Total liabilities:20,64617,84920,084
Stockholders' equity
Stockholders' equity attributable to parent8,55011,40213,487
Common stock333
Treasury stock, value(150)(136)(85)
Additional paid in capital10,79311,30112,210
Accumulated other comprehensive income (loss)(428)(244)58
Retained earnings (accumulated deficit)(1,668)4781,301
Stockholders' equity attributable to noncontrolling interest320323350
Total stockholders' equity:8,87011,72513,837
TOTAL LIABILITIES AND EQUITY:29,51629,57433,921

Income statement (P&L) ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
Revenues20,19920,75324,556
Cost of revenue(7,301) (45)
Cost of goods and services sold(7,301)  
Financial services costs(45)
Gross profit:12,89820,75324,511
Operating expenses(21,169)(19,238)(22,885)
Other undisclosed operating income11,1191,7541,873
Operating income:2,8483,2693,499
Interest and debt expense(361)(334)(335)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,420)(1,420)(1,493)
Income from continuing operations before equity method investments, income taxes:1,0671,5151,671
Other undisclosed loss from continuing operations before income taxes(2,037)  
Income (loss) from continuing operations before income taxes:(970)1,5151,671
Income tax expense (benefit)(240)(288)111
Income (loss) from continuing operations:(1,210)1,2271,782
Income from discontinued operations 35 
Net income (loss):(1,210)1,2621,782
Net loss attributable to noncontrolling interest(10)(5)(31)
Net income (loss) available to common stockholders, diluted:(1,220)1,2571,751

Comprehensive Income ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
Net income (loss):(1,210)1,2621,782
Other comprehensive income (loss)(66)(305)220
Comprehensive income (loss):(1,276)9572,002
Comprehensive income (loss), net of tax, attributable to noncontrolling interest10(2)(31)
Comprehensive income (loss), net of tax, attributable to parent:(1,266)9551,971

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: