Segment and Geographic Information (Tables)

12 Months Ended

Mar. 31, 2021

Schedule of 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
Fiscal Year Ended March 31, 2021
Revenues	$	8,336	$	9,393	$	17,729	$	—	$	17,729
Segment Profit	$	1,120	$	245	$	1,365	$	(263)	$	1,102
Depreciation and amortization (1)	$	212	$	1,122	$	1,334	$	106	$	1,440

Fiscal Year Ended March 31, 2020
Revenues	$	9,111	$	10,466	$	19,577	$	—	$	19,577
Segment Profit	$	1,301	$	1,007	$	2,308	$	(247)	$	2,061
Depreciation and amortization (1)	$	199	$	1,051	$	1,250	$	109	$	1,359

Fiscal Year Ended March 31, 2019
Revenues	$	8,684	$	12,069	$	20,753	$	—	$	20,753
Segment Profit	$	1,645	$	1,911	$	3,556	$	(287)	$	3,269
Depreciation and amortization (1)	$	90	$	1,212	$	1,302	$	127	$	1,429

(1) Depreciation and amortization as presented excludes amortization of acquired intangible assets of $530 million, $583 million, and $539 million for fiscal 2021, 2020, and 2019, respectively.

Reconciliation of Consolidated Operating Income to Income Before Taxes


	Fiscal Years Ended
(in millions)	March 31, 2021		March 31, 2020		March 31, 2019
Profit
Total profit for reportable segment	$	1,365	$	2,308	$	3,556
All other loss	(263)		(247)		(287)
Interest income	98		165		128
Interest expense	(361)		(383)		(334)
Restructuring costs	(551)		(252)		(465)
Transaction, separation and integration-related costs	(358)		(318)		(401)
Amortization of acquired intangibles	(530)		(583)		(539)
Gains on dispositions	2,004		—		—
Pension and OPEB actuarial and settlement (losses) gains	(519)		244		(143)
Debt extinguishment cost	(41)		—		—
Impairment losses	(190)		(6,794)		—
Gain on arbitration award	—		632		—
Income (loss) from continuing operations before taxes	$	654	$	(5,228)	$	1,515

Revenue and Property and Equipment, and Total Assets by Geographic Segment

Property and equipment, net, which is based on the physical location of the assets, was as follows:


	As of
(in millions)	March 31, 2021		March 31, 2020
United States	$	1,189	$	1,621
U.K.	465		493
Australia	149		134
Other Europe	603		757
Other International	540		542
Total Property and Equipment, net	$	2,946	$	3,547