| Cash Flow | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Net income (loss) | 198 | 252 | -340 | -1,374 |
| Depreciation of property, equipment and capitalized software | 762 | 660 | 834 | 900 |
| Depreciation of right-of-use assets | 289 | 327 | 319 | 428 |
| Amortization of transition costs and prepaid software | 1,239 | 1,278 | 1,256 | 1,199 |
| Amortization of capitalized contract costs | 458 | 420 | 531 | 472 |
| Amortization of acquisition-related intangible assets | 27 | 30 | 30 | 46 |
| Stock-based compensation | 64 | 100 | 95 | 113 |
| Deferred taxes | -24 | -1 | -13 | 285 |
| Net (gain) loss on asset sales and other | -115 | 152 | -43 | -6 |
| Right-of-use assets and liabilities (excluding depreciation) | 330 | 314 | 335 | 361 |
| Workforce rebalancing liabilities | -19 | -25 | -38 | 41 |
| Current accounts receivables | -84 | -289 | -11 | -664 |
| Lease and other receivables | 212 | NaN | NaN | NaN |
| Accounts payable | -93 | -89 | -305 | 282 |
| Taxes | 107 | -1 | -2 | 90 |
| Deferred transition costs and prepaid software (excluding amortization) | 2,189 | 1,762 | 1,569 | 1,592 |
| Capitalized contract costs (excluding amortization) | 444 | NaN | NaN | NaN |
| Other assets and other liabilities | -916 | 71 | 63 | 415 |
| Net cash provided by operating activities | 948 | 942 | 454 | 781 |
| Capital expenditures | 608 | 605 | 651 | 865 |
| Proceeds from disposition of property and equipment | 65 | 83 | 138 | 23 |
| Acquisitions and divestitures, net of cash acquired | -1 | -139 | NaN | NaN |
| Other investing activities, net | 19 | 20 | 40 | -7 |
| Net cash used in investing activities | -561 | -404 | -553 | -835 |
| Debt repayments | 146 | 148 | 644 | 118 |
| Proceeds from borrowings under the revolving credit facility | 1,000 | NaN | NaN | NaN |
| Proceeds from issuance of debt, net of debt issuance costs | NaN | NaN | 494 | NaN |
| Common stock repurchases | 304 | 93 | NaN | NaN |
| Common stock repurchases for tax withholdings | 94 | 45 | 22 | 19 |
| Other financing activities, net | 1 | NaN | 2 | -4 |
| Net cash provided by (used in) financing activities | 457 | -286 | -170 | -141 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -9 | -16 | -37 | -100 |
| Net change in cash, cash equivalents and restricted cash | 836 | 235 | -306 | -294 |
| Cash, cash equivalents and restricted cash at beginning of period | 1,789 | 1,554 | 1,860 | 2,154 |
| Cash, cash equivalents and restricted cash at end of period | 2,626 | 1,789 | 1,554 | 1,860 |
Kyndryl Holdings, Inc. (KD)
Kyndryl Holdings, Inc. (KD)