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Segment Information
 3 Months Ended
Jul. 01, 2016
Segment Information [Abstract]  
Segment Information
Segment Information

Due to the Separation, on November 27, 2015, North American Public Sector is no longer included as a reportable segment and its results have been reclassified to discontinued operations, net of taxes, for the three months ended July 3, 2015. CSC now operates in two reportable segments, as follows:

•
Global Business Services - GBS provides innovative technology solutions including consulting, applications services and software, which address key business challenges within the customer’s industry. GBS strives to help clients understand and exploit industry trends of IT modernization and virtualization of the IT portfolio (hardware, software, networking, storage and computing assets). GBS has four primary focus areas: industry aligned next-generation software and solutions, end-to-end applications services, consulting services, and big data services. Industry aligned next-generation software and solutions is centered on the insurance, banking, healthcare and life sciences industries, as well as manufacturing and other diversified industries. Activities are primarily related to vertical alignment of software solutions and process-based intellectual property that power mission-critical transaction engines, in addition to the provision of tailored business process services (BPS). Applications services optimize and modernize clients' business and technical environments, enabling clients to capitalize on emerging services such as cloud and mobility as well as big data within new commercial models including "as a Service." The consulting services business helps organizations innovate, transform and create sustainable competitive advantage through a combination of industry, business process, technology, systems integration and change management expertise. Key competitive differentiators for GBS include its global scale, solution objectivity, depth of industry expertise, strong partnerships, vendor and product independence and end-to-end solutions and 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 provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, compute and managed storage solutions to commercial clients globally. GIS also delivers CSC's next-generation cloud offerings, including Infrastructure as a Service (IaaS), private cloud solutions and Storage as a Service. GIS provides a portfolio of standard offerings that have predictable outcomes and measurable results while reducing business risk and operational costs for clients. To provide clients with differentiated offerings, GIS maintains a select number of key alliance partners to make investments in developing unique offerings and go-to-market strategies. This collaboration helps CSC determine the best technology, develop road maps and enhance opportunities to differentiate solutions, expand market reach, augment capabilities and jointly deliver impactful solutions.
The following table summarizes operating results by reportable segment:
(in millions)
 
GBS
 
GIS
 
Corporate
 
Total
Three months ended July 1, 2016
 
 
 
 
 
 
 
 
Revenues
 
$
1,049

 
$
881

 
$
—

 
$
1,930

Operating income (loss)(1)
 
$
73

 
$
(4
)
 
$
(17
)
 
$
52

Depreciation and amortization
 
$
36

 
$
114

 
$
16

 
$
166

 
 
 
 


 
 
 
 
Three months ended July 3, 2015
 
 
 
 
 
 
 
 
Revenues
 
$
919

 
$
885

 
$
—

 
$
1,804

Operating income (loss)(1)
 
$
97

 
$
53

 
$
(6
)
 
$
144

Depreciation and amortization
 
$
30

 
$
135

 
$
9

 
$
174



(1) Operating income (loss) is a non-GAAP financial measure which management believes assists investors in comparing the Company's performance across reporting periods on a consistent basis by excluding items that management does not believe are indicative of the Company's core operating performance, and are considered important measures by financial analysts covering CSC and its peers. Operating income (loss) 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 operating income to (loss) income from continuing operations, before taxes is as follows:
 
 
Three months ended
(in millions)
 
July 1, 2016
 
July 3, 2015
Operating income
 
$
52

 
$
144

Corporate G&A
 
(70
)
 
(57
)
Pension & OPEB actuarial & settlement losses
 
(1
)
 
—

Interest expense
 
(25
)
 
(30
)
Interest income
 
10

 
11

Other (expense) income, net
 
(2
)
 
4

(Loss) income from continuing operations, before taxes
 
$
(36
)
 
$
72