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Segment Information (Tables)
 9 Months Ended
Jan. 02, 2015
Segment Information [Abstract]  
Operating Results by Reportable Segment
The following table summarizes operating results by reportable segment:
(Amounts in millions)
 
GBS
 
GIS
 
NPS
 
Corporate
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter ended January 2, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
965

 
$
984

 
$
998

 
$
—

 
$
—

 
$
2,947

Operating income (loss)
 
128

 
72

 
145

 
(13
)
 
—

 
332

Depreciation and amortization
 
37

 
163

 
33

 
5

 
—

 
238

 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter ended December 27, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,093

 
$
1,145

 
$
990

 
$
—

 
$
—

 
$
3,228

Operating income (loss)
 
140

 
91

 
122

 
(15
)
 
—

 
338

Depreciation and amortization
 
34

 
177

 
36

 
4

 
—

 
251


(Amounts in millions)
 
GBS
 
GIS
 
NPS
 
Corporate
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended January 2, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,056

 
$
3,151

 
$
3,057

 
$
—

 
$
—

 
$
9,264

Operating income (loss)
 
366

 
211

 
456

 
(48
)
 
—

 
985

Depreciation and amortization
 
116

 
529

 
104

 
13

 
—

 
762

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended December 27, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,169

 
$
3,405

 
$
3,095

 
$
—

 
$
—

 
$
9,669

Operating income (loss)
 
373

 
290

 
412

 
(44
)
 
—

 
1,031

Depreciation and amortization
 
112

 
520

 
110

 
11

 
—

 
753
Reconciliation of Consolidated Operating Income to Income Before Taxes
A reconciliation of consolidated operating income to income from continuing operations before taxes is as follows:
 
 
Quarter Ended
 
Nine Months Ended
(Amounts in millions)
 
January 2, 2015
 
December 27, 2013
 
January 2, 2015
 
December 27, 2013
Operating income (1)
 
$
332

 
$
338

 
$
985

 
$
1,031

Corporate G&A
 
(59
)
 
(65
)
 
(182
)
 
(197
)
Pension & OPEB actuarial & settlement (losses) gains
 
(462
)
 
114

 
(463
)
 
114

SEC settlement related charges (2)
 
(195
)
 
—

 
(195
)
 
—

Interest expense
 
(37
)
 
(38
)
 
(112
)
 
(112
)
Interest income
 
4

 
4

 
14

 
11

Other income (expense), net
 
(1
)
 
5

 
(6
)
 
(16
)
(Loss) income from continuing operations before taxes
 
$
(418
)
 
$
358

 
$
41

 
$
831


(1) The impact of the change in pension accounting policy was an increase in operating income of $208 million and $251 million for the third quarter and first nine months of fiscal 2015, respectively, and an increase in operating income of $22 million and $68 million for the third quarter and first nine months of fiscal 2014, respectively.
(2) This item relates to the SEC investigation settlement (see Note 5).
Out of Period Adjustments by Segment
The following tables summarize the effect of the pre-tax out of period adjustments on the GBS, GIS, and NPS segment results for the quarters and nine months ended January 2, 2015 and December 27, 2013, as if the adjustments had been recorded in the appropriate period:
 
 
GBS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
As Adjusted
Quarter ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
965

 
$
(1
)
 
$
964

Operating income
 
128

 
(4
)
 
124

Depreciation and amortization
 
37

 
—

 
37

 
 
 
 
 
 
 
Quarter ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
1,093

 
$
(6
)
 
$
1,087

Operating income
 
140

 
(7
)
 
133

Depreciation and amortization
 
34

 
—

 
34


 
 
GBS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
Adjusted
Nine months ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
3,056

 
$
3

 
$
3,059

Operating income
 
366

 
5

 
371

Depreciation and amortization
 
116

 
(1
)
 
115

 
 
 
 
 
 
 
Nine months ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
3,169

 
$
24

 
$
3,193

Operating income
 
373

 
22

 
395

Depreciation and amortization
 
112

 
1

 
113


 
 
GIS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
As Adjusted
Quarter ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
984

 
$
—

 
$
984

Operating income
 
72

 
—

 
72

Depreciation and amortization
 
163

 
—

 
163

 
 
 
 
 
 
 
Quarter ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
1,145

 
$
(2
)
 
$
1,143

Operating income
 
91

 
(6
)
 
85

Depreciation and amortization
 
177

 
—

 
177



 
 
GIS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
Adjusted
Nine months ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
3,151

 
$
2

 
$
3,153

Operating income
 
211

 
3

 
214

Depreciation and amortization
 
529

 
—

 
529

 
 
 
 
 
 
 
Nine months ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
3,405

 
$
(2
)
 
$
3,403

Operating income
 
290

 
(5
)
 
285

Depreciation and amortization
 
520

 
(1
)
 
519


 
 
NPS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
As Adjusted
Quarter ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
998

 
$
—

 
$
998

Operating income
 
145

 
—

 
145

Depreciation and amortization
 
33

 
—

 
33

 
 
 
 
 
 
 
Quarter ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
990

 
$
2

 
$
992

Operating income
 
122

 
1

 
123

Depreciation and amortization
 
36

 
—

 
36


 
 
NPS
(Amounts in millions)
 
As Reported
 
Increase/
(Decrease)
 
Adjusted
Nine months ended January 2, 2015
 
 
 
 
 
 
Revenues
 
$
3,057

 
$
5

 
$
3,062

Operating income
 
456

 
(5
)
 
451

Depreciation and amortization
 
104

 
—

 
104

 
 
 
 
 
 
 
Nine months ended December 27, 2013
 
 
 
 
 
 
Revenues
 
$
3,095

 
$
(5
)
 
$
3,090

Operating income
 
412

 
—

 
412

Depreciation and amortization
 
110

 
—

 
110