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Investigations and Out of Period Adjustments (Tables)
6 Months Ended
Sep. 27, 2013
Out of period adjustments [Abstract]  
Out of period adjustments
The impact of out of period adjustments recorded during fiscal 2014 on select line items of the Consolidated Condensed Statements of Operations for the quarter and six months ended September 27, 2013, respectively, using the rollover method, is shown below:
 
 
Quarter Ended September 27, 2013
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
3,187

 
$
9

 
$
3,196

Costs of services (excludes depreciation and amortization and restructuring costs)
 
2,338

 
(14
)
 
2,324

Selling, general and administrative
 
316

 
(4
)
 
312

Depreciation and amortization
 
248

 
(1
)
 
247

Restructuring costs
 
15

 

 
15

Interest expense
 
35

 

 
35

Other (income) expense
 
22

 

 
22

Income from continuing operations before taxes
 
216

 
28

 
244

Taxes on income
 
70

 
(3
)
 
67

Income from continuing operations
 
146

 
31

 
177

Income from discontinued operations, net of taxes
 
63

 

 
63

Net income attributable to CSC common stockholders
 
203

 
31

 
234

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
0.93

 
$
0.21

 
$
1.14

Discontinued operations
 
0.41

 

 
0.41

Total
 
$
1.34

 
$
0.21

 
$
1.55

 
 
Six Months Ended September 27, 2013
(Amounts in millions, except per-share amounts)
 
As Reported
 
Adjustments
Increase/
(Decrease)
 
Amount Adjusted
for Removal
of Errors
Revenue
 
$
6,441

 
$
28

 
$
6,469

Costs of services (excludes depreciation and amortization and restructuring costs)
 
4,794

 
25

 
4,819

Selling, general and administrative
 
608

 

 
608

Depreciation and amortization
 
502

 
(1
)
 
501

Restructuring costs
 
22

 
2

 
24

Interest expense
 
74

 

 
74

Other (income) expense
 
21

 

 
21

Income from continuing operations before taxes
 
427

 
2

 
429

Taxes on income
 
136

 
(19
)
 
117

Income from continuing operations
 
291

 
21

 
312

Income from discontinued operations, net of taxes
 
77

 

 
77

Net income attributable to CSC common stockholders
 
359

 
21

 
380

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
1.86

 
$
0.14

 
$
2.00

Discontinued operations
 
0.51

 

 
0.51

Total
 
$
2.37

 
$
0.14

 
$
2.51

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 2014, fiscal 2013 and fiscal 2012 is attributable to the following prior fiscal years:
 
 
Increase/(Decrease)
 
 
(Amounts in millions)
 
Fiscal 2012 Adjustments
 
Fiscal 2013 Adjustments
 
First Six Months Fiscal 2014 Adjustments
 
Total Adjustments
Fiscal 2014
 
$

 
$

 
$
2

 
$
2

Fiscal 2013
 

 
6

 
(3
)
 
3

Fiscal 2012
 
79

 
7

 
(4
)
 
82

Prior fiscal years (unaudited)
 
(79
)
 
(13
)
 
5

 
(87
)

The impact of out of period adjustments recorded during fiscal 2013, and the first six months of fiscal 2014, on select line items of the Consolidated Condensed Statements of Operations for the quarter and six months ended September 28, 2012, respectively, using the rollover method, is 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
 
$
3,528

 
$
3

 
$
3,531

Costs of services (excludes depreciation and amortization and restructuring costs)
 
2,713

 
12

 
2,725

Selling, general and administrative
 
294

 
(4
)
 
290

Depreciation and amortization
 
271

 

 
271

Restructuring costs
 
58

 
(6
)
 
52

Interest expense
 
46

 
1

 
47

Other (income) expense
 
(11
)
 
1

 
(10
)
Income from continuing operations before taxes
 
162

 
(1
)
 
161

Taxes on income
 
46

 
1

 
47

Income from continuing operations
 
116

 
(2
)
 
114

Loss from discontinued operations, net of taxes
 
22

 

 
22

Net income attributable to CSC common stockholders
 
130

 
(2
)
 
128

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
0.69

 
$
(0.01
)
 
$
0.68

Discontinued operations
 
0.14

 

 
0.14

Total
 
$
0.83

 
$
(0.01
)
 
$
0.82

 
 
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
 
$
7,156

 
$
7

 
$
7,163

Costs of services (excludes depreciation and amortization and restructuring costs)
 
5,680

 
13

 
5,693

Selling, general and administrative
 
575

 
(2
)
 
573

Depreciation and amortization
 
533

 
(2
)
 
531

Restructuring costs
 
85

 
(1
)
 
84

Interest expense
 
90

 
1

 
91

Other (income) expense
 
1

 
1

 
2

Income from continuing operations before taxes
 
202

 
(3
)
 
199

Taxes on income
 
65

 
5

 
70

Income from continuing operations
 
137

 
(8
)
 
129

Loss from discontinued operations, net of taxes
 
43

 

 
43

Net income attributable to CSC common stockholders
 
170

 
(8
)
 
162

EPS – Diluted
 
 
 
 
 
 
Continuing operations
 
$
0.81

 
$
(0.05
)
 
$
0.76

Discontinued operations
 
0.28

 

 
0.28

Total
 
$
1.09

 
$
(0.05
)
 
$
1.04