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Segment Information
 3 Months Ended
Jun. 30, 2019
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 June 30, 2019
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,159

 
$
2,731

 
$
4,890

 
$
—

 
$
4,890

Segment profit
 
$
366

 
$
340

 
$
706

 
$
(54
)
 
$
652

Depreciation and amortization(1)
 
$
29

 
$
275

 
$
304

 
$
28

 
$
332

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,213

 
$
3,069

 
$
5,282

 
$
—

 
$
5,282

Segment profit
 
$
403

 
$
474

 
$
877

 
$
(74
)
 
$
803

Depreciation and amortization(1)
 
$
20

 
$
281

 
$
301

 
$
35

 
$
336


        
     
(1) Depreciation and amortization as presented excludes amortization of acquired intangible assets of $138 million and $135 million for the three months ended June 30, 2019 and June 30, 2018, respectively.

Reconciliation of Reportable Segment Profit to Consolidated Total

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 our 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
(in millions)
 
June 30, 2019
 
June 30, 2018
Profit
 
 
 
 
Total profit for reportable segments
 
$
706

 
$
877

All other loss
 
(54
)
 
(74
)
Interest income
 
30

 
32

Interest expense
 
(91
)
 
(85
)
Restructuring costs
 
(142
)
 
(185
)
Transaction, separation and integration-related costs
 
(105
)
 
(70
)
Amortization of acquired intangible assets
 
(138
)
 
(135
)
Income from continuing operations before income taxes
 
$
206

 
$
360


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.