SEGMENTS (Tables)

9 Months Ended

Dec. 31, 2022

SEGMENTS

Summary of results of segments

	Three Months Ended December 31,				Nine Months Ended December 31,
(Dollars in millions)	2022		2021		2022		2021
Revenue
United States	$	1,265	$	1,193	$	3,581	$	3,577
Japan		606		683		1,855		2,160
Principal Markets		1,472		1,670		4,460		5,260
Strategic Markets		961		1,010		2,874		2,889
Total revenue	$	4,303	$	4,556	$	12,771	$	13,886
Segment adjusted EBITDA
United States	$	271	$	202	$	639	$	662
Japan		90		124		318		378
Principal Markets		91		155		248		289
Strategic Markets		145		134		352		444
Total segment adjusted EBITDA	$	597	$	615	$	1,556	$	1,773

Summary of reconciliation of consolidated totals to segment information

The following table reconciles consolidated pretax income (loss) to segment adjusted EBITDA:

	Three Months Ended December 31,				Nine Months Ended December 31,
(Dollars in millions)	2022		2021		2022		2021
Pretax income (loss)	$	(138)	$	(720)	$	(563)	$	(1,499)
Workforce rebalancing charges (benefits)		10		(1)		16		(13)
Transaction-related costs		48		129		218		572
Stock-based compensation expense		29		18		81		56
Impairment expense		—		469		—		469
Interest expense		27		18		65		50
Depreciation expense		232		294		681		960
Amortization expense		336		312		945		984
Corporate expense not allocated to the segments		16		28		57		113
Other adjustments *		37		67		55		81
Segment adjusted EBITDA	$	597	$	615	$	1,556	$	1,773

* Other adjustments represent pension expense other than pension servicing costs and multi-employer plan costs, significant litigation costs and charges related to ceasing to use leased assets.