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Segment Information
 9 Months Ended
Jan. 01, 2016
Segment Information [Abstract]  
Segment Information
ent Information

Due to the separation of CSRA on November 27, 2015, NPS is no longer included as a reportable segment and its results have been reclassified to discontinued operations, net of taxes, for all periods presented. CSC now operates in two reportable segments, as follows:

•
Global Business Services (GBS) - GBS provides end-to-end applications services; consulting; big data services; and industry-aligned software and solutions to enterprise clients around the world. GBS manages and industrializes clients' application ecosystem through its Applications Services offering. The Company has formed a number of strategic partnerships with leading technology companies such as HCL Technologies and SAP to deliver world-class solutions to its customers. These partnerships will enable clients to modernize and move enterprise workloads to next generation cloud infrastructure, while leveraging the benefits of mobility, social networking and big data. The GBS consulting business assists clients in achieving greater value from current IT assets as well as aiding in the direction of future IT investments. GBS software and solutions include vertically-aligned solutions and process-based intellectual property. Clients include major global enterprises in the insurance, banking, healthcare, life sciences, manufacturing and a host of diversified industries. Key competitive differentiators for GBS include its global scale, depth of industry expertise, strong partnerships with leading technology companies, vendor and product independence and end-to-end capabilities. Changing business issues such as globalization, fast-developing economies, government regulation, and growing concerns around risk, security, and compliance drive demand for these GBS offerings.

•
Global Infrastructure Services (GIS) – GIS provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cloud services, cyber security, compute and managed storage solutions to commercial clients globally. GIS also delivers next-generation hybrid Cloud infrastructure solutions to clients. The company integrates public cloud offerings from Amazon Web Services, IBM, Microsoft, and VMware, with its industry-leading private cloud solution, BizCloud. The CSC Agility Platform enables enterprises to manage, monitor, and automate applications over heterogeneous and hybrid clouds. The GIS portfolio of standard offerings delivers measurable results while reducing business risk and operational costs for clients. Collaboration with key alliance partners helps CSC to determine the best technology road map for clients and opportunities to differentiate solutions, expand market reach, augment capabilities, and jointly deliver impactful solutions.



The following table summarizes operating results by reportable segment:
(Amounts in millions)
 
GBS
 
GIS
 
Corporate
 
Total
 
 
 
 
 
 
 
 
 
Quarter ended January 1, 2016
 
 
 
 
 
 
 
 
Revenues
 
$
886

 
$
864

 
$
—

 
$
1,750

Operating income
 
101

 
70

 
(23
)
 
148

Depreciation and amortization
 
33

 
117

 
11

 
161

 
 
 
 


 
 
 
 
Quarter ended January 2, 2015
 
 
 
 
 
 
 
 
Revenues
 
$
965

 
$
984

 
$
—

 
$
1,949

Operating income (loss)
 
128

 
72

 
(22
)
 
178

Depreciation and amortization
 
37

 
163

 
5

 
205



(Amounts in millions)
 
GBS
 
GIS
 
Corporate
 
Total
 
 
 
 
 
 
 
 
 
Nine months ended January 1, 2016
 
 
 
 
 
 
 
 
Revenues
 
$
2,696

 
$
2,603

 
$
—

 
$
5,299

Operating income (loss)
 
299

 
187

 
(64
)
 
422

Depreciation and amortization
 
93

 
380

 
30

 
503

 
 
 
 
 
 
 
 
 
Nine months ended January 2, 2015
 
 
 
 
 
 
 
 
Revenues
 
$
3,056

 
$
3,151

 
$
—

 
$
6,207

Operating income (loss)
 
366

 
211

 
(79
)
 
498

Depreciation and amortization
 
116

 
529

 
13

 
658



Operating income provides useful information to the Company’s management for assessment of the Company’s performance and results of operations, and is one of the financial measures utilized to determine executive compensation.

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 1, 2016
 
January 2, 2015
 
January 1, 2016
 
January 2, 2015
Operating income
 
$
148

 
$
178

 
$
422

 
$
498

Corporate G&A
 
(58
)
 
(55
)
 
(171
)
 
(173
)
Pension & OPEB actuarial & settlement gains (losses)
 
19

 
(285
)
 
19

 
(286
)
SEC settlement related charges
 
—

 
(195
)
 
—

 
(195
)
Separation costs
 
(2
)
 
—

 
(10
)
 
—

Interest expense
 
(33
)
 
(32
)
 
(92
)
 
(96
)
Interest income
 
8

 
4

 
26

 
14

Other (expense) income, net
 
(4
)
 
(1
)
 
3

 
(5
)
Income from continuing operations before taxes
 
$
78

 
$
(386
)
 
$
197

 
$
(243
)