Available-for-sale securities, net of tax

  
DXC TECHNOLOGY COMPANY  
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)  


|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Fiscal Years Ended |
| (in millions) |  | March 31, 2022 |  | March 31, 2021 |  | March 31, 2020 |
|  |  |  |  |  |  |  |  |  |
| Net income (loss)  |  | $ | 736  |  |  | $ | (146) |  |  | $ | (5,358) |  |
|  |  |  |  |  |  |  |  |  |
| Other comprehensive income (loss), net of taxes: |  |  |  |  |  |  |
|  | Foreign currency translation adjustments, net of tax (1) |  | (86) |  |  | 300  |  |  | (323) |  |
|  | Cash flow hedges adjustments, net of tax (2)  |  | 11  |  |  | 19  |  |  | (17) |  |
|  | Available-for-sale securities, net of tax (3) |  | —  |  |  | (9) |  |  | —  |  |
|  | Pension and other post-retirement benefit plans, net of tax: |  |  |  |  |  |  |
|  |  | Prior service cost, net of tax (4) |  | 9  |  |  | 7  |  |  | —  |  |
|  |  |  |  |  |  |  |  |  |
|  |  | Amortization of prior service cost, net of tax (5) |  | (6) |  |  | (13) |  |  | (8) |  |
|  |  |  |  |  |  |  |  |  |
|  | Pension and other post-retirement benefit plans, net of tax |  | 3  |  |  | (6) |  |  | (8) |  |
| Other comprehensive income (loss), net of taxes |  | (72) |  |  | 304  |  |  | (348) |  |
|  |  |  |  |  |  |  |
| Comprehensive income (loss)  |  | 664  |  |  | 158  |  |  | (5,706) |  |
|  |  | Less: comprehensive income attributable to non-controlling interest |  | 29  |  |  | 6  |  |  | 22  |  |
| Comprehensive income (loss) attributable to DXC common stockholders |  | $ | 635  |  |  | $ | 152  |  |  | $ | (5,728) |  |

          
(1) Tax expense (benefit) related to foreign currency translation adjustments was $5, $(27), and $(2) for the fiscal years ended March 31, 2022, March 31, 2021, and March 31, 2020, respectively.(2) Tax expense (benefit) related to cash flow hedge adjustments was $2, $6, and $(5) for the fiscal years ended March 31, 2022, March 31, 2021, and March 31, 2020, respectively.(3) Tax benefit related to available-for-sale securities was $0, $1, and $0 for the fiscal years ended March 31, 2022, March 31, 2021, and March 31, 2020, respectively.(4) Tax expense related to prior service costs was $2, $2, and $0 for the fiscal years ended March 31, 2022, March 31, 2021, and March 31, 2020, respectively.(5) Tax benefit related to amortization of prior service costs was $2, $4, and $1 for the fiscal years ended March 31, 2022, March 31, 2021, and March 31, 2020, respectively.  
  
  
The accompanying notes are an integral part of these consolidated financial statements.   
  
64
