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Segment Information
 9 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information

DXC has a matrix form of organization and is managed in several different and overlapping groupings including services, industry and geographic region. As a result and in accordance with accounting standards, operating segments are organized by the type of services provided. DXC's chief operating decision maker ("CODM"), the chief executive officer, obtains, reviews, and manages the Company’s financial performance based on these segments. The CODM uses these results, in part, to evaluate the performance of, and allocate resources to, each of the segments.

As a result of the Separation, USPS is no longer included as a reportable segment and its results have been reclassified to discontinued operations, net of taxes, for all periods presented. See Note 4 - "Divestitures." DXC now operates in two reportable segments as described below:

Global Business Services

GBS provides innovative technology solutions that help its clients address key business challenges and accelerate digital transformations tailored to each client’s industry and specific objectives. GBS offerings include:

•
Enterprise, Cloud Applications and Consulting. GBS provides industry, business process systems integration and technical delivery experience to maximize value from enterprise application portfolios. GBS also helps clients accelerate their digital transformations and business results with industry, business, technology and complex integration services.
•
Application Services. GBS's comprehensive services helps clients modernize, develop, test and manage their applications.
•
Analytics. GBS's portfolio of analytics services and robust partner ecosystem helps clients gain rapid insights and accelerate their digital transformation journeys.
•
Business Process Services. GBS provides seamless digital integration and optimization of front and back office processes, including its Agile Process Automation approach.
•
Industry Software and Solutions. GBS's industry-specific solutions enable businesses to quickly integrate technology, transform their operations and develop new ways of doing business. GBS's vertical-specific IP includes insurance, healthcare and life sciences, travel and transportation, and banking and capital markets solutions.

Global Infrastructure Services

GIS provides a portfolio of offerings that deliver predictable outcomes and measurable results while reducing business risk and operational costs for clients. GIS offerings include:

•
Cloud and Platform Services. GIS helps clients maximize their private cloud, public cloud and legacy infrastructures, as well as securely manage their hybrid environments.
•
Workplace and Mobility. GIS's workplace, mobility and Internet of Things ("IoT") services provides a consumer-like experience with enterprise security and instant connectivity for its clients.
•
Security. GIS's security solutions help predict attacks, proactively respond to threats, ensure compliance and protect data, applications, infrastructure and endpoints.

Segment Measures

The following table summarizes operating results regularly provided to the CODM by reportable segment and a reconciliation to the financial statements:
(in millions)
 
GBS
 
GIS
 
Total Reportable Segments
 
All Other
 
Totals
Three Months Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,169

 
$
3,009

 
$
5,178

 
$
—

 
$
5,178

Segment profit
 
$
395

 
$
528

 
$
923

 
$
(83
)
 
$
840

Depreciation and amortization(1)
 
$
23

 
$
324

 
$
347

 
$
27

 
$
374

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,315

 
$
3,145

 
$
5,460

 
$
—

 
$
5,460

Segment profit
 
$
423

 
$
450

 
$
873

 
$
(76
)
 
$
797

Depreciation and amortization(1)
 
$
16

 
$
265

 
$
281

 
$
25

 
$
306



(in millions)
 
GBS
 
GIS
 
Total Reportable Segments
 
All Other
 
Totals
Nine Months Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
6,493

 
$
8,980

 
$
15,473

 
$
—

 
$
15,473

Segment profit
 
$
1,198

 
$
1,475

 
$
2,673

 
$
(231
)
 
$
2,442

Depreciation and amortization(1)
 
$
59

 
$
910

 
$
969

 
$
93

 
$
1,062

 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
6,893

 
$
9,256

 
$
16,149

 
$
—

 
$
16,149

Segment profit
 
$
1,066

 
$
1,171

 
$
2,237

 
$
(130
)
 
$
2,107

Depreciation and amortization(1)
 
$
67

 
$
736

 
$
803

 
$
72

 
$
875

        
 
1) Depreciation and amortization as presented excludes amortization of acquired intangible assets of $134 million and $134 million for the three months ended December 31, 2018 and 2017, respectively, and $401 million and $389 million for the nine months ended December 31, 2018 and 2017, respectively.

Reconciliation of Reportable Segment Profit

The Company's management uses segment profit as the measure for assessing performance of its segments. Segment profit is defined as segment revenue less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on DXC's foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and OPEB actuarial and settlement gains and losses, restructuring costs, transaction, separation and integration-related costs and amortization of acquired intangible assets.

 
 
Three Months Ended
 
Nine Months Ended
(in millions)
 
December 31, 2018
 
December 31, 2017
 
December 31, 2018
 
December 31, 2017
Profit
 
 
 
 
 
 
 
 
Total profit for reportable segments
 
$
923

 
$
873

 
$
2,673

 
$
2,237

All other loss
 
(83
)
 
(76
)
 
(231
)
 
(130
)
Interest income
 
27

 
27

 
92

 
59

Interest expense
 
(81
)
 
(73
)
 
(249
)
 
(220
)
Restructuring costs
 
(76
)
 
(210
)
 
(418
)
 
(585
)
Transaction, separation and integration-related costs
 
(107
)
 
(83
)
 
(305
)
 
(273
)
Amortization of acquired intangible assets
 
(134
)
 
(134
)
 
(401
)
 
(389
)
Pension and OPEB actuarial and settlement gains
 
—

 
17

 
—

 
17

Income from continuing operations before income taxes
 
$
469

 
$
341

 
$
1,161

 
$
716


Management does not use total assets by segment to evaluate segment performance or allocate resources. As a result, assets are not tracked by segment and therefore, total assets by segment is not disclosed.