Kyndryl Holdings, Inc.KD

Market cap

$5.5B

P/E ratio

	Dec 31, 2021	Mar 31, 2023
Cash and cash equivalents	2,223	1,847
Restricted cash	17	12
Accounts Receivable, Net, Current	2,279	1,523
Deferred costs (current portion)	920	1,070
Prepaid expenses and other current assets	337	510
Total current assets	5,777	4,963
Property and equipment, net	2,923	2,779
Operating right-of-use assets, net	1,361	964
Deferred costs (noncurrent portion)	1,265	1,166
Deferred taxes	675	248
Goodwill	732	812
Intangible assets, net	36	171
Pension assets	58	94
Other Assets	385	267
Total assets	13,213	11,464
Accounts payable	1,140	1,774
Sales and Excise Tax Payable, Current	357	347
Short-term Debt	105	110
Accrued compensation and benefits	381	533
Deferred Revenue, Current	872	820
Operating Lease, Liability, Current	360	316
Accrued contract costs	585	346
Other accrued expenses and liabilities	744	624
Total current liabilities	4,544	4,868
Long-term debt	-	3,111
Retirement and nonpension postretirement benefit obligations	856	504
Deferred Revenue, Noncurrent	475	362
Operating Lease, Liability, Noncurrent	1,007	707
Other noncurrent liabilities	501	450
Total liabilities	10,511	10,002
Common Stocks, Including Additional Paid in Capital	4,218	4,428
Accumulated deficit	-375	-1,978
Treasury stock, at cost (shares: March 31, 2023 - 1.9, March 31, 2022 - 0.2, December 31, 2021 - 0.0)	-	23
Accumulated other comprehensive income (loss)	-1,143	-1,062
Total stockholders' equity before non-controlling interests	2,702	1,462
Non-controlling interests	3	97
Total equity	2,702	1,462
Total liabilities and equity	13,213	11,464