Defined Benefit Pension Plan Accounting Policy Change (Tables)

6 Months Ended

Oct. 03, 2014

Accounting Changes and Error Corrections [Abstract]

Schedule of Changes in Accounting Principles

The following tables present the effects of retrospectively applying the change in the pension accounting policies, on select line items of the accompanying unaudited Consolidated Condensed Financial Statements:

Impact on Consolidated Condensed Statements of Operations

	Quarter ended October 3, 2014
(Amounts in millions, except per-share amounts)	Previous accounting methods		As Reported		Impact of change in accounting methods
Costs of services	$	2,226	$	2,207	$	(19	)
Selling, general and administrative expenses	348		346		(2		)
Income from continuing operations, before taxes	224		245		21
Taxes on income	62		68		6
Income from continuing operations	162		177		15
Net income	141		156		15
Net income attributable to CSC common stockholders	136		151		15
Basic EPS - Continuing operations	$	1.10	$	1.20	$	0.10
Diluted EPS - Continuing operations	$	1.07	$	1.18	$	0.11

	Quarter ended September 27, 2013
(Amounts in millions, except per-share amounts)	As previously reported		As Revised		Impact of change in accounting methods
Costs of services	$	2,338	$	2,317	$	(21	)
Selling, general & administrative expenses	316		314		(2		)
Income from continuing operations, before taxes	216		239		23
Taxes on income	70		77		7
Income from continuing operations	146		162		16
Income from discontinued operations, net of taxes	63		80		17
Net income	209		242		33
Net income attributable to noncontrolling interest, net of tax	6		10		4
Net income attributable to CSC common stockholders	203		232		29
Basic EPS - Continuing operations	$	0.95	$	1.03	$	0.08
Basic EPS - Discontinued operations	$	0.42	$	0.54	$	0.12
Diluted EPS - Continuing operations	$	0.93	$	1.01	$	0.08
Diluted EPS - Discontinued operations	$	0.41	$	0.53	$	0.12

	Six months ended October 3, 2014
(Amounts in millions, except per-share amounts)	Previous accounting methods		As Reported		Impact of change in accounting methods
Costs of services	$	4,608	$	4,571	$	(37	)
Selling, general and administrative expenses	695		690		(5		)
Income from continuing operations, before taxes	417		459		42
Taxes on income	112		123		11
Income from continuing operations	305		336		31
Net income	276		307		31
Net income attributable to CSC common stockholders	266		297		31
Basic EPS - Continuing operations	$	2.04	$	2.26	$	0.22
Diluted EPS - Continuing operations	$	2.01	$	2.22	$	0.21

	Six months ended September 27, 2013
(Amounts in millions, except per-share amounts)	As previously reported		As Revised		Impact of change in accounting methods
Costs of services	$	4,794	$	4,754	$	(40	)
Selling, general and administrative expenses	608		602		(6		)
Income from continuing operations, before taxes	427		473		46
Taxes on income	136		150		14
Income from continuing operations	291		323		32
Loss from discontinued operations, net of taxes	77		96		19
Net income	368		419		51
Net income attributable to noncontrolling interest, net of tax	9		13		4
Net income attributable to CSC common stockholders	359		406		47
Basic EPS - Continuing operations	$	1.89	$	2.09	$	0.20
Basic EPS - Discontinued Operations	$	0.52	$	0.64	$	0.12
Diluted EPS - Continuing operations	$	1.86	$	2.05	$	0.19
Diluted EPS - Discontinued operations	$	0.51	$	0.63	$	0.12

Impact on Consolidated Condensed Statements of Comprehensive Income

	Quarter ended October 3, 2014
(Amounts in millions)	Previous accounting methods			As Reported			Impact of change in accounting methods
Net income	$	141		$	156		$	15
Foreign currency translation adjustments	(130		)	(133		)	(3		)
Pension and other post-retirement benefit plans, net of taxes	9			(3		)	(12		)
Other comprehensive income (loss), net of taxes	(126		)	(141		)	(15		)

	Quarter ended September 27, 2013
(Amounts in millions)	As previously reported			As Revised			Impact of change in accounting methods
Net income	$	209		$	242		$	33
Foreign currency translation adjustments	(3		)	(1		)	2
Pension and other post-retirement benefit plans, net of taxes	46			1			(45		)
Other comprehensive income (loss), net of taxes	43			—			(43		)
Comprehensive income (loss)	252			242			(10		)
Comprehensive income (loss) attributable to noncontrolling interest	9			19			10
Comprehensive income (loss) attributable to CSC common stockholders	243			223			(20		)

	Six months ended October 3, 2014
(Amounts in millions)	Previous accounting methods			As Reported			Impact of change in accounting methods
Net income	$	276		$	307		$	31
Foreign currency translation adjustments	(90		)	(99		)	(9		)
Pension and other post-retirement benefit plans, net of taxes	18			(4		)	(22		)
Other comprehensive income (loss), net of taxes	(78		)	(109		)	(31		)

	Six months ended September 27, 2013
(Amounts in millions)	As previously reported			As Revised		Impact of change in accounting methods
Net income	$	368		419		$	51
Foreign currency translation adjustments	(87		)	(84	)	3
Pension and other post-retirement benefit plans, net of taxes	61			—		(61		)
Other comprehensive income (loss), net of taxes	(26		)	(84	)	(58		)
Comprehensive income (loss)	342			335		(7		)
Comprehensive income (loss) attributable to noncontrolling interest	13			22		9
Comprehensive income (loss) attributable to CSC common stockholders	329			313		(16		)

Impact on Consolidated Condensed Balance Sheets

	As of October 3, 2014
(Amounts in millions)	Previous accounting methods			As Reported		Impact of change in accounting methods
Earnings retained for use in business	$	2,611		$	1,453	$	(1,158	)
Accumulated other comprehensive (loss) income	(976		)	181		1,157
Noncontrolling interest in subsidiaries	31			32		1

	As of March 28, 2014
(Amounts in millions)	As previously reported			As Revised		Impact of change in accounting methods
Earnings retained for use in business	$	2,770		$	1,592	$	(1,178	)
Accumulated other comprehensive (loss) income	(898		)	279		1,177
Noncontrolling interest in subsidiaries	31			32		1

Impact on Consolidated Condensed Statements of Cash Flows

	Six months ended October 3, 2014
(Amounts in millions)	Previous accounting methods			As Reported			Impact of change in accounting methods
Net income	$	276		$	307		$	31
Decrease in liabilities	(309		)	(340		)	(31		)

	Six months ended September 27, 2013
(Amounts in millions)	As previously reported			As Revised			Impact of change in accounting methods
Net income	$	368		$	419		$	51
Gain on dispositions	(86		)	(98		)	(12		)
Decrease in liabilities	(388		)	(427		)	(39		)