Amortization of right-of-use assets and interest expense for leased facilities

  
Note 22 - Restructuring Costs   
The Company recorded restructuring costs, net of reversals, of $318 million, $551 million and $252 million for fiscal 2022, 2021 and 2020, respectively. The costs recorded during fiscal 2022 were largely the result of implementing the Fiscal 2022 Plan as described below.  
The composition of restructuring liabilities by financial statement line items is as follows: 

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | As of |
| (in millions) |  | March 31, 2022 |  | March 31, 2021 |
| Accrued expenses and other current liabilities |  | $ | 113  |  |  | $ | 225  |  |
| Other long-term liabilities |  | 39  |  |  | 45  |  |
| Total |  | $ | 152  |  |  | $ | 270  |  |

  
Summary of Restructuring Plans  
Fiscal 2022 Plan  
During fiscal 2022, management approved global cost savings initiatives designed to better align the Company’s workforce and facility structures (the “Fiscal 2022 Plan”). Also included in restructuring costs for the fiscal year ended March 31, 2022 is $18 million related to amortization of right-of-use assets and interest expense for leased facilities that we have vacated but that are being actively marketed for sublease, or we are in negotiations with the landlord to potentially terminate or modify those leases.  
Fiscal 2021 Plan  
During fiscal 2021, management approved global cost savings initiatives designed to better align the Company’s workforce and facility structures (the “Fiscal 2021 Plan”). The Fiscal 2021 Plan includes workforce optimization programs and facilities and data center rationalization. Costs incurred to date under the Fiscal 2021 Plan total $541 million, comprising $499 million in employee severance and $42 million of facilities costs.  
Fiscal 2020 Plan  
During fiscal 2020, management approved cost savings initiatives designed to reduce operating costs by re-balancing its workforce and facilities structures (the "Fiscal 2020 Plan"). The Fiscal 2020 Plan includes workforce optimization programs and facilities and data center rationalization. Costs incurred to date under the Fiscal 2020 Plan total $294 million, comprising $277 million in employee severance and $17 million of facilities costs.  
Other Prior Year Plans  
In June 2017, management approved a post-HPES Merger restructuring plan to optimize the Company’s operations in response to a continuing business contraction. Other prior year plans focus mainly on optimizing specific aspects of the global workforce, increasing the proportion of work performed in low-cost offshore locations and re-balancing the organizational structure. Additionally, these plans included global facility restructuring, including a global data center restructuring program. Costs incurred to date under other prior year plans total $1,478 million, comprising $1,141 million in employee severance and $337 million of facilities costs.  
Acquired Restructuring Liabilities  
As a result of the merger of Computer Sciences Corporation ("CSC") and HPES ("HPES Merger"), DXC acquired restructuring liabilities under restructuring plans that were initiated for HPES under plans approved by the HPE Board of Directors.126
