CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2026	Mar. 31, 2026
Assets:
Cash and cash equivalents	$ 745	$ 1,189
Investment securities	52	170
Accounts receivable, net of allowance for credit losses of $11 and $13, respectively	224	228
Unbilled work in progress, net of allowance for credit losses of $7 and $8, respectively	255	271
Property and equipment, net	143	143
Operating lease right-of-use assets	412	407
Goodwill	1,396	1,396
Other intangible assets, net	203	204
Other assets	287	301
Total assets	3,717	4,309
Liabilities:
Accrued salaries and bonuses	589	1,077
Accounts payable and accrued expenses	122	136
Operating lease liabilities	493	492
Other liabilities	148	151
Total liabilities	1,352	1,856
Commitments and contingencies (Note 15)
Redeemable noncontrolling interest	110	111
Stockholders' equity:
Additional paid-in capital	639	746
Retained earnings	1,667	1,645
Accumulated other comprehensive loss	(51)	(49)
Total stockholders' equity	2,255	2,342
Total liabilities, temporary equity and stockholders' equity	3,717	4,309
Common Class A
Stockholders' equity:
Common stock	0	0
Common Class B
Stockholders' equity:
Common stock	$ 0	$ 0

Unbilled Receivables, Work In Process

No definition available.

Name:	hli_UnbilledReceivablesWorkInProcess
Namespace Prefix:	hli_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.