Segment Information (Tables)

9 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Operating Results by Reportable Segment

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, 2020
Revenues	$	1,921	$	2,367	$	4,288	$	—	$	4,288
Segment profit	$	273	$	88	$	361	$	(61)	$	300
Depreciation and amortization(1)	$	53	$	281	$	334	$	27	$	361
Three Months Ended December 31, 2019
Revenues	$	2,359	$	2,662	$	5,021	$	—	$	5,021
Segment profit	$	353	$	232	$	585	$	(57)	$	528
Depreciation and amortization(1)	$	61	$	244	$	305	$	28	$	333

(in millions)	GBS		GIS		Total Reportable Segments		All Other		Totals
Nine Months Ended December 31, 2020
Revenues	$	6,337	$	7,007	$	13,344	$	—	$	13,344
Segment profit	$	805	$	147	$	952	$	(179)	$	773
Depreciation and amortization(1)	$	162	$	839	$	1,001	$	77	$	1,078
Nine Months Ended December 31, 2019
Revenues	$	6,803	$	7,959	$	14,762	$	—	$	14,762
Segment profit	$	1,078	$	815	$	1,893	$	(184)	$	1,709
Depreciation and amortization(1)	$	128	$	771	$	899	$	82	$	981

(1) Depreciation and amortization as presented excludes amortization of acquired intangible assets of $114 million and $146 million for the three months ended December 31, 2020 and 2019, respectively, and $414 million and $435 million for the nine months ended December 31, 2020 and 2019, respectively.

Reconciliation of Consolidated Operating Income to Income Before Taxes

	Three Months Ended				Nine Months Ended
(in millions)	December 31, 2020		December 31, 2019		December 31, 2020		December 31, 2019
Profit
Total profit for reportable segments	$	361	$	585	952		$	1,893
All other loss	(61)		(57)		(179)		(184)
Interest income	28		33		76		130
Interest expense	(82)		(93)		(284)		(288)
Restructuring costs	(104)		(74)		(441)		(248)
Transaction, separation and integration-related costs	(96)		(68)		(307)		(226)
Amortization of acquired intangible assets	(114)		(146)		(414)		(435)
Gain on disposition of businesses	2,046		—		2,046		—
Pension and OPEB actuarial and settlement losses	—		—		(2)		—
Goodwill impairment losses	—		(53)		—		(2,940)
Gain on arbitration award	—		—		—		632
Income (loss) before income taxes	$	1,978	$	127	$	1,447	$	(1,666)