| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,331 | 1,462 | 1,501 | 1,325 |
| Restricted cash | 5 | 4 | 5 | 5 |
| Accounts receivable (net of allowances for credit losses of 9 at september 30, 2025 and 13 at march 31, 2025) | 1,316 | 1,277 | 1,374 | 1,441 |
| Deferred costs (current portion) | 1,101 | 1,144 | 889 | 994 |
| Prepaid expenses and other current assets | 538 | 580 | 529 | 623 |
| Total current assets | 4,291 | 4,468 | 4,297 | 4,387 |
| Property and equipment, net | 2,628 | 2,634 | 2,490 | 2,735 |
| Operating right-of-use assets, net | 869 | 849 | 702 | 805 |
| Deferred costs (noncurrent portion) | 1,890 | 1,968 | 1,033 | 1,052 |
| Deferred taxes | 227 | 222 | 184 | 209 |
| Goodwill | 791 | 793 | 787 | 790 |
| Intangible assets, net | 168 | 168 | 219 | 227 |
| Pension assets | 173 | 166 | 130 | 123 |
| Other noncurrent assets | 206 | 227 | 85 | 67 |
| Total assets | 11,244 | 11,495 | 9,925 | 10,396 |
| Accounts payable | 1,117 | - | 1,147 | 1,240 |
| Value-added tax and income tax liabilities | 286 | - | 259 | 298 |
| Current portion of long-term debt | 124 | - | 129 | 135 |
| Accrued compensation and benefits | 459 | - | 492 | 538 |
| Deferred income (current portion) | 827 | - | 782 | 856 |
| Operating lease liabilities (current portion) | 291 | - | 259 | 278 |
| Accrued contract costs | 415 | - | 361 | 404 |
| Other accrued expenses and liabilities | 679 | - | 506 | 500 |
| Total current liabilities | 4,197 | 4,242 | 3,935 | 4,249 |
| Long-term debt | 3,004 | 3,014 | 3,072 | 3,106 |
| Retirement and nonpension postretirement benefit obligations | 513 | 517 | 475 | 510 |
| Deferred income (noncurrent portion) | 393 | 441 | 328 | 344 |
| Operating lease liabilities (noncurrent portion) | 607 | 602 | 492 | 580 |
| Other noncurrent liabilities | 1,191 | 1,336 | 419 | 435 |
| Total liabilities | 9,904 | 10,151 | 8,721 | 9,224 |
| Common stock, par value 0.01 per share, and additional paid-in capital (shares authorized 1,000.0 shares issued september 30, 2025 - 243.9, march 31, 2025 - 238.2) | 4,686 | 4,656 | 4,607 | 4,575 |
| Accumulated deficit | -1,943 | -2,011 | -2,136 | -2,351 |
| Treasury stock, at cost (shares september 30, 2025 - 14.5, march 31, 2025 - 7.5) | 427 | 317 | 107 | 69 |
| Accumulated other comprehensive income (loss) | -1,088 | -1,094 | -1,270 | -1,090 |
| Total stockholders' equity before non-controlling interests | 1,227 | 1,234 | 1,094 | 1,065 |
| Non-controlling interests | 112 | 110 | 110 | 107 |
| Total equity | 1,340 | 1,343 | 1,204 | 1,172 |
| Total liabilities and equity | 11,244 | 11,495 | 9,925 | 10,396 |
Kyndryl Holdings, Inc. (KD)
Kyndryl Holdings, Inc. (KD)