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Acquisitions and Divestitures (Tables)
6 Months Ended
Sep. 30, 2011
Acquisitions and Divestitures [Abstract] 
Pro Forma Information
The following unaudited pro forma summary presents consolidated information of the Company as if the acquisition of iSOFT had occurred on April 3, 2010, for all periods presented:
 
   
As Reported
  
Pro Forma
 
   
Quarter Ended
  
Quarter Ended
 
Amounts in millions, except per share data
 
September 30, 2011
  
October 1, 2010
  
September 30, 2011
  
October 1, 2010
 
Revenue
 $3,966  $3,935  $3,981  $3,978 
Net (loss) income attributable to CSC common shareholders
  (2,877)  184   (2,888)  154 
Basic EPS
  (18.56)  1.19   (18.62)  1.00 
Diluted EPS
  (18.56)  1.18   (18.62)  0.99 
                  
   
As Reported
  
Pro Forma
 
   
Six Months Ended
  
Six Months Ended
 
Amounts in millions, except per share data
 
September 30, 2011
  
October 1, 2010
  
September 30, 2011
  
October 1, 2010
 
Revenue
 $7,999  $7,845  $8,077  $7,938 
Net (loss) income attributable to CSC common shareholders
  (2,694)  327   (2,727)  260 
Basic EPS
  (17.39)  2.12   (17.60)  1.68 
Diluted EPS
  (17.39)  2.09   (17.60)  1.66 
 
Estimated Fair Values of the Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:
 
iSOFT Acquisition
 
(Amounts in millions)
 
Estimated Fair Value
 
Cash and cash equivalents
 $32 
Trade and other receivables
  122 
Other current assets
  11 
Deferred tax assets
  35 
Intangible assets
  222 
Property and equipment
  20 
Trade payables and accrued expenses
  (54)
Deferred revenue
  (54)
Current income tax liabilities
  (6)
Debt
  (315)
Deferred tax, uncertain tax positions, and other long-term liabilities
  (81)
  Total identifiable net assets acquired
  (68)
  Goodwill
  268 
  Total purchase price
 $200 
 
AppLabs Acquisition
 
 (Amounts in millions)
 
Estimated Fair Value
 
Cash and cash equivalents
 $4 
Trade receivables
  20 
Other current assets
  8 
Intangible assets
  33 
Property and equipment
  4 
Trade payables and accrued expenses
  (27)
Income tax liabilities and deferred income taxes
  (18)
Other  liabilities
  (2)
  Total identifiable net assets acquired
  22 
Goodwill    149 
  Total purchase price
 $171 

Intangible Assets Acquired
The components of the intangible assets acquired and their respective estimated useful lives are as follows:
 
Amounts in millions
 
Estimated
fair value
  
Estimated useful lives
(Years)
 
Customer relationships
 $111   10-13 
Software
  107   5-10 
Trade names
  4   1 
Total intangible assets
 $222     
 
AppLabs Acquisition
 
The components of the intangible assets acquired and their respective estimated useful lives are as follows:
 
Amounts in millions
 
Estimated
fair value
  
Estimated useful lives
(Years)
 
Customer relationships
 $31   2-8 
Software
  2   1-5 
Total intangible assets
 $33