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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 30, 2016
Jan. 01, 2016
[1]
Dec. 30, 2016
Jan. 01, 2016
[1]
Income Statement [Abstract]        
Revenues $ 1,917 $ 1,750 $ 5,718 $ 5,299
Costs of services (excludes depreciation and amortization and restructuring costs) 1,347 1,216 4,131 3,725
Selling, general and administrative (excludes depreciation and amortization and restructuring costs) 333 259 931 799
Depreciation and amortization 161 161 494 503
Restructuring costs 3 7 85 12
Interest expense 33 33 87 92
Interest income (8) (8) (26) (26)
Other (income) expense, net (2) 4 3 (3)
Total costs and expenses 1,867 1,672 5,705 5,102
Income from continuing operations, before taxes 50 78 13 197
Income tax expense (benefit) 13 56 (25) 17
Income from continuing operations 37 22 38 180
Income from discontinued operations, net of taxes 0 30 0 216
Net income 37 52 38 396 [2],[3]
Less: net income attributable to noncontrolling interest, net of tax 6 2 13 12
Net income attributable to CSC common stockholders $ 31 $ 50 $ 25 $ 384
Earnings (loss) per common share - Basic:        
Continuing operations (in dollars per share) $ 0.22 $ 0.16 $ 0.18 $ 1.29
Discontinued operations (in dollars per share) 0.00 0.20 0.00 1.49
Earnings per common share - basic (in dollars per share) 0.22 0.36 0.18 2.78
Earnings (loss) per common share - Diluted:        
Continuing operations (in dollars per share) 0.21 0.15 0.17 1.27
Discontinued operations (in dollars per share) 0.00 0.20 0.00 1.45
Earnings per common share - diluted (in dollars per share) 0.21 0.35 0.17 2.72
Cash dividend per common share (in dollars per share) $ 0.14 $ 2.39 $ 0.42 $ 2.85
[1] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation. See Note 20 - Reconciliation of Previously Reported Amounts.
[2] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation as described in Note 20 - Reconciliation of Previously Reported Amounts.
[3] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation. See Note 20 - Reconciliation of Previously Reported Amounts.