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Investigations and Out of Period Adjustments (Tables)
 6 Months Ended
Sep. 28, 2012
Out of period adjustments [Abstract]  
Out of period adjustments
The rollover impact on income (loss) from continuing operations before taxes of the recorded out of period adjustments in the first six months of fiscal 2013, fiscal 2012 and fiscal 2011 is attributable to the following prior fiscal years:
 
 
Increase/(Decrease)
 
 
(Amounts in millions)
 
Fiscal 2011 Adjustments
 
Fiscal 2012 Adjustments
 
First Six Months Fiscal 2013 Adjustments
 
Total Adjustments
Fiscal 2013
 
$
—

 
$
—

 
$
(7
)
 
$
(7
)
Fiscal 2012
 
—

 
79

 
(13
)
 
66

Fiscal 2011
 
52

 
(29
)
 
(13
)
 
10

Fiscal 2010
 
(48
)
 
(9
)
 
18

 
(39
)
Prior fiscal years (unaudited)
 
(4
)
 
(41
)
 
15

 
(30
)
The cumulative impact on income (loss) from continuing operations before taxes of the out of period adjustments identified in the first six months of fiscal 2013 and in fiscal 2012 related to the Company's NHS contract is attributable to the following prior fiscal years:
 
 
Increase/(Decrease)
(Amounts in millions)
 
Fiscal 2012 Adjustments
 
First Six Months Fiscal 2013 Adjustments
 
Total Adjustments
Fiscal 2013
 
$
—

 
$
(9
)
 
$
(9
)
Fiscal 2012
 
25

 
(13
)
 
12

Fiscal 2011
 
(7
)
 
(12
)
 
(19
)
Fiscal 2010
 
(4
)
 
18

 
14

Prior fiscal years (unaudited)
 
(14
)
 
16

 
2


The select line items of the Consolidated Statement of Operations for the quarter and six months ended September 28, 2012 impacted by the consolidated out of period adjustments under the rollover method are shown below.
 
 
Quarter Ended September 28, 2012
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
3,854

 
$
2

 
$
3,856

Costs of services (excludes depreciation and amortization and restructuring costs)
 
2,994

 
13

 
3,007

Selling, general and administrative
 
301

 
(2
)
 
299

Depreciation and amortization
 
273

 
—

 
273

Restructuring costs
 
58

 
—

 
58

Interest expense
 
45

 
—

 
45

Other (income) expense
 
(14
)
 
1

 
(13
)
Income from continuing operations before taxes
 
202

 
(10
)
 
192

Taxes on income
 
64

 
—

 
64

Income from continuing operations
 
138

 
(10
)
 
128

Income from discontinued operations, net of taxes
 
—

 
—

 
—

Income attributable to CSC common shareholders
 
130

 
(10
)
 
120

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
0.83

 
$
(0.06
)
 
$
0.77

Discontinued operations
 
—

 
—

 
—

Total
 
$
0.83

 
$
(0.06
)
 
$
0.77



 
 
Six Months Ended September 28, 2012
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
7,811

 
$
11

 
$
7,822

Costs of services (excludes depreciation and amortization and restructuring costs)
 
6,247

 
12

 
6,259

Selling, general and administrative
 
592

 
—

 
592

Depreciation and amortization
 
536

 
1

 
537

Restructuring costs
 
85

 
5

 
90

Interest expense
 
90

 
—

 
90

Other (income) expense
 
(5
)
 
—

 
(5
)
Income from continuing operations before taxes
 
276

 
(7
)
 
269

Taxes on income
 
96

 
6

 
102

Income from continuing operations
 
180

 
(13
)
 
167

Income from discontinued operations, net of taxes
 
—

 
—

 
—

Income attributable to CSC common shareholders
 
170

 
(13
)
 
157

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
1.09

 
$
(0.08
)
 
$
1.01

Discontinued operations
 
—

 
—

 
—

Total
 
$
1.09

 
$
(0.08
)
 
$
1.01

The impact of the Australia adjustments recorded during the first six months of fiscal 2012 on income (loss) from continuing operations before taxes is attributable to the following prior fiscal years:
 
 
Increase/(Decrease)
(Amounts in millions)
 
FY08 &
Prior (unaudited)
 
FY09 (unaudited)
 
FY10
 
FY11
 
Total
Intentional irregularities
 
$
10

 
$
(7
)
 
$
(2
)
 
$
—

 
$
1

Other Errors
 
(6
)
 
(14
)
 
(1
)
 
1

 
(20
)
 
 
$
4

 
$
(21
)
 
$
(3
)
 
$
1

 
$
(19
)
The following table summarizes the cumulative effect on net loss attributable to CSC common shareholders of the consolidated out of period adjustments recorded during fiscal 2011, fiscal 2012 and the six months ended September 28, 2012. Certain adjustments reflected below only impacted quarters (unaudited) within the annual period.
 
 
Increase/(Decrease)
(Amounts in millions)
 
Quarter Ended September 30, 2011
 
Six Months Ended September 30, 2011
Nordic adjustments
 
$
6

 
$
10

Australia adjustments
 
20

 
20

Other adjustments
 
(10
)
 
(6
)
Effect on loss from continuing operations before taxes
 
16

 
24

Taxes on income
 
(3
)
 
(5
)
Other income tax adjustments
 
14

 
15

Effect on net loss attributable to CSC common shareholders
 
$
27

 
$
34

The select line items of the Consolidated Statement of Operations for the quarter and six months ended September 30, 2011 impacted by the out of period adjustments, including those recorded in the first six months of fiscal 2013, under the rollover method are shown below.
 
 
Quarter Ended September 30, 2011
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
3,966

 
$
8

 
$
3,974

Costs of services (excludes depreciation and amortization)
 
3,283

 
6

 
3,289

Selling, general and administrative
 
307

 
(2
)
 
305

Depreciation and amortization
 
290

 
(8
)
 
282

Interest expense
 
46

 
(3
)
 
43

Other (income) expense
 
(6
)
 
(1
)
 
(7
)
Income from continuing operations before taxes
 
(2,854
)
 
16

 
(2,838
)
Taxes on income
 
12

 
(11
)
 
1

Income from continuing operations
 
(2,866
)
 
27

 
(2,839
)
Loss from discontinued operations, net of taxes
 
—

 
—

 
—

Net income attributable to CSC common shareholders
 
(2,877
)
 
27

 
(2,850
)
EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
(18.56
)
 
$
0.17

 
$
(18.39
)
Discontinued operations
 
—

 
—

 
—

Total
 
$
(18.56
)
 
$
0.17

 
$
(18.39
)

 
 
Six Months Ended September 30, 2011
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
7,999

 
$
—

 
$
7,999

Costs of services (excludes depreciation and amortization)
 
6,648

 
(8
)
 
6,640

Selling, general and administrative
 
571

 
(2
)
 
569

Depreciation and amortization
 
568

 
(9
)
 
559

Interest expense
 
88

 
(3
)
 
85

Other (income) expense
 
(11
)
 
(2
)
 
(13
)
Income from continuing operations before taxes
 
(2,753
)
 
24

 
(2,729
)
Taxes on income
 
(73
)
 
(10
)
 
(83
)
Income from continuing operations
 
(2,680
)
 
34

 
(2,646
)
Loss from discontinued operations, net of taxes
 
(1
)
 
—

 
(1
)
Net income attributable to CSC common shareholders
 
(2,694
)
 
34

 
(2,660
)
EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
(17.38
)
 
$
0.22

 
$
(17.16
)
Discontinued operations
 
(0.01
)
 
—

 
(0.01
)
Total
 
$
(17.39
)
 
$
0.22

 
$
(17.17
)