v3.25.3

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2025	Mar. 31, 2025
Current assets:
Cash and cash equivalents	$ 816	$ 885
Accounts receivable, net	2,217	2,271
Prepaid expenses and other current assets	188	157
Total current assets	3,221	3,313
Property and equipment, net of accumulated depreciation	171	177
Operating lease right-of-use assets	160	178
Intangible assets, net of accumulated amortization	537	563
Goodwill	2,405	2,405
Deferred tax assets	244	332
Other long-term assets	415	344
Total assets	7,153	7,312
Current liabilities:
Current portion of long-term debt	83	83
Accounts payable and other accrued expenses	1,001	987
Accrued compensation and benefits	675	702
Operating lease liabilities	41	41
Other current liabilities	34	33
Total current liabilities	1,834	1,846
Long-term debt, net of current portion	3,877	3,915
Operating lease liabilities, net of current portion	160	180
Other long-term liabilities	286	368
Total liabilities	6,157	6,309
Commitments and contingencies (Note 12)
Stockholders’ equity:
Common stock, Class A - $0.01 par value - authorized: 600,000,000 shares; issued: 169,111,128 and 168,522,544 shares at September 30, 2025 and March 31, 2025, respectively; outstanding: 122,025,314 and 124,879,004 shares at September 30, 2025 and March 31, 2025, respectively	2	2
Treasury stock, at cost - 47,085,814 and 43,643,540 shares at September 30, 2025 and March 31, 2025	(3,459)	(3,082)
Additional paid-in capital	1,105	1,042
Retained earnings	3,378	3,070
Accumulated other comprehensive income	(30)	(29)
Total stockholders’ equity	996	1,003
Total liabilities and stockholders’ equity	$ 7,153	$ 7,312

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Booz Allen Hamilton Holding Corp 10-Q