Divestitures

3 Months Ended

Jul. 03, 2015

Business Combinations [Abstract]

Divestitures

Divestitures

Fiscal 2016 Divestiture

On April 27, 2015, the Company divested its wholly-owned subsidiary, Welkin Associates Limited (Welkin), a provider of systems engineering and technical assistance services to the intelligence community and other U.S. Department of Defense clients. The Welkin business was part of the NPS segment. CSC received consideration of $34 million, and recorded a pre-tax gain on sale of $22 million, which is included in Other income, net on the unaudited Consolidated Condensed Statement of Operations. Included in the divested net assets of $10 millionwas $7 million of goodwill, and the transaction costs approximated $2 million. The divestiture did not qualify to be presented as discontinued operations as it did not represent a strategic shift that would have a major effect on CSC's operations and financial results.

Fiscal 2015 Divestiture

On July 31, 2014, CSC completed the sale of a German software business to a strategic investor for cash consideration of $3 million. This divestiture, which was a part of the GBS segment's healthcare group, resulted in a pre-tax loss of $22 million. Net assets divested were $23 million. The historical results of this business have been presented as discontinued operationsin the Company's unaudited Consolidated Condensed Statement of Operations.

A summary of the results of the discontinued operations is presented below:

	Quarter Ended
	July 3, 2015		July 4, 2014
Operations
Revenue	$	—	$	7
(Loss) income from discontinued operations, before taxes	—		(9		)
Tax expense	—		—
Net (loss) income from discontinued operations	$	—	$	(9	)
Disposal
(Loss) gain on disposition, before taxes	$	—	$	1
Tax (benefit) expense	—		—
(Loss) gain on disposition, net of taxes	$	—	$	1
(Loss) income from discontinued operations, net of taxes	$	—	$	(8	)