v3.25.2
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 56 $ 11
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation of property, equipment and capitalized software 191 127
Depreciation of right-of-use assets 73 70
Amortization of transition costs and prepaid software 308 310
Amortization of capitalized contract costs 106 107
Amortization of acquisition-related intangible assets 7 7
Stock-based compensation 24 24
Deferred taxes (10) 17
Net (gain) loss on asset sales and other   27
Change in operating assets and liabilities:    
Right-of-use assets and liabilities (excluding depreciation) (88) (65)
Workforce rebalancing liabilities 3 7
Receivables 46 163
Accounts payable (269) (122)
Taxes 27 (9)
Deferred costs (excluding amortization) (1,381) (363)
Other assets and other liabilities 781 (358)
Net cash provided by (used in) operating activities (124) (48)
Cash flows from investing activities:    
Capital expenditures (143) (122)
Proceeds from disposition of property and equipment 45 24
Acquisitions and divestitures, net of cash acquired 1 (46)
Other investing activities, net 22 (22)
Net cash used in investing activities (74) (166)
Cash flows from financing activities:    
Debt repayments (36) (38)
Common stock repurchases (62)  
Common stock repurchases for tax withholdings (67) (7)
Other financing activities, net (5) (6)
Net cash used in financing activities (170) (51)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 46 (17)
Net change in cash, cash equivalents and restricted cash (323) (281)
Cash, cash equivalents and restricted cash at beginning of period 1,789 1,554
Cash, cash equivalents and restricted cash at end of period 1,466 1,273
Supplemental data    
Income taxes paid, net of refunds received 67 54
Interest paid on debt $ 39 $ 40