| Balance Sheets | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,623 | 1,786 | 1,553 | 1,847 |
| Restricted cash | 3 | 3 | 1 | 12 |
| Accounts receivable (net of allowances for credit losses of 7 at march 31, 2026 and 13 at march 31, 2025) | 1,300 | 1,345 | 1,599 | 1,523 |
| Deferred costs (current portion) | 1,166 | 1,009 | 1,081 | 1,070 |
| Prepaid expenses and other current assets | 436 | 446 | 514 | 510 |
| Total current assets | 5,528 | 4,589 | 4,747 | 4,963 |
| Property and equipment, net | 2,517 | 2,570 | 2,674 | 2,779 |
| Operating right-of-use assets, net | 853 | 731 | 864 | 964 |
| Deferred costs (noncurrent portion) | 1,880 | 1,040 | 920 | 1,166 |
| Deferred taxes | 240 | 204 | 220 | 248 |
| Goodwill | 786 | 790 | 805 | 812 |
| Intangible assets, net | 165 | 218 | 188 | 171 |
| Pension assets | 222 | 148 | 105 | 94 |
| Other noncurrent assets | 360 | 162 | 67 | 267 |
| Total assets | 12,551 | 10,452 | 10,590 | 11,464 |
| Accounts payable | 1,346 | 1,351 | 1,408 | 1,774 |
| Value-added tax and income tax liabilities | 278 | 256 | 327 | 347 |
| Current portion of long-term debt and short-term debt | 1,796 | 129 | 126 | 110 |
| Accrued compensation and benefits | 463 | 652 | 609 | 533 |
| Deferred income (current portion) | 888 | 746 | 825 | 820 |
| Operating lease liabilities (current portion) | 265 | 274 | 285 | 316 |
| Accrued contract costs | 369 | 437 | 487 | 346 |
| Other accrued expenses and liabilities | 903 | 454 | 521 | 624 |
| Total current liabilities | 6,307 | 4,300 | 4,589 | 4,868 |
| Long-term debt | 2,293 | 3,042 | 3,112 | 3,111 |
| Retirement and nonpension postretirement benefit obligations | 490 | 483 | 500 | 504 |
| Deferred income (noncurrent portion) | 390 | 341 | 314 | 362 |
| Operating lease liabilities (noncurrent portion) | 602 | 511 | 622 | 707 |
| Other noncurrent liabilities | 1,176 | 443 | 332 | 450 |
| Total liabilities | 11,259 | 9,121 | 9,468 | 10,002 |
| Common stock, par value 0.01 per share, and additional paid-in capital (shares authorized 1,000.0 shares issued march 31, 2026 - 244.4, march 31, 2025 - 238.2) | 4,701 | 4,631 | 4,524 | 4,428 |
| Accumulated deficit | -1,869 | -2,067 | -2,319 | -1,978 |
| Treasury stock, at cost (shares march 31, 2026 - 21.7, march 31, 2025 - 7.5) | 582 | 184 | 45 | 23 |
| Accumulated other comprehensive income (loss) | -1,074 | -1,160 | -1,145 | -1,062 |
| Total stockholders' equity before non-controlling interests | 1,175 | 1,219 | 1,015 | 1,365 |
| Non-controlling interests | 117 | 113 | 107 | 97 |
| Total equity | 1,293 | 1,331 | 1,122 | 1,462 |
| Total liabilities and equity | 12,551 | 10,452 | 10,590 | 11,464 |
Kyndryl Holdings, Inc. (KD)
Kyndryl Holdings, Inc. (KD)