Segment Information (Tables)

9 Months Ended

Dec. 31, 2021

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		Total
Three Months Ended December 31, 2021
Revenues	$	1,946	$	2,143	$	4,089	$	—	$	4,089
Segment profit	$	315	$	102	$	417	$	(62)	$	355
Depreciation and amortization(1)	$	39	$	252	$	291	$	27	$	318
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

(in millions)	GBS		GIS		Total Reportable Segments		All Other		Total
Nine Months Ended December 31, 2021
Revenues	$	5,706	$	6,551	$	12,257	$	—	$	12,257
Segment profit	$	885	$	351	$	1,236	$	(203)	$	1,033
Depreciation and amortization(1)	$	130	$	755	$	885	$	84	$	969
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

(1) Depreciation and amortization, as presented excludes amortization of acquired intangible assets of $106 million and $114 million for the three months ended December 31, 2021 and 2020, respectively, and $325 million and $414 million for the nine months ended December 31, 2021 and 2020, respectively.

Reconciliation of Consolidated Operating Income to Income Before Taxes

	Three Months Ended				Nine Months Ended
(in millions)	December 31, 2021		December 31, 2020		December 31, 2021		December 31, 2020
Profit
Total profit for reportable segments	$	417	$	361	1,236		$	952
All other loss	(62)		(61)		(203)		(179)
Interest income	15		28		51		76
Interest expense	(38)		(82)		(161)		(284)
Restructuring costs	(36)		(104)		(248)		(441)
Transaction, separation and integration-related costs	(11)		(96)		(23)		(307)
Amortization of acquired intangible assets	(106)		(114)		(325)		(414)
Gains and (losses) on dispositions	(4)		2,046		343		2,046
Impairment losses	—		—		(10)		—
Debt extinguishment costs	(2)		—		(311)		—
Pension and OPEB actuarial and settlement losses	(7)		—		(7)		(2)
Income before income taxes	$	166	$	1,978	$	342	$	1,447