Discontinued Operations (Tables)

12 Months Ended

Jan. 31, 2014

SAIC

Schedule of Discontinued Operations

The operating results of New SAIC through the Distribution Date, which have been classified as discontinued operations, for the periods presented were as follows:

	Year Ended January 31
	2014		2013		2012
	(in millions)
Revenues	$	2,712	$	4,683	$	4,632
Costs and expenses:
Cost of revenues	2,447		4,230		4,157
Selling, general and administrative expenses	42		65		63
Bad debt expense	—		2		1
Separation transaction and restructuring expenses	55		28		—
Operating income	$	168	$	358	$	411

The major classes of assets and liabilities included in discontinued operations through the Distribution Date related to the spin-off of New SAIC are presented in the table below:

	January 31, 2013
	(in millions)
Cash and cash equivalents	$	1
Receivables, net	717
Inventory, prepaid expenses and other current assets	101
Total current assets	819
Property, plant and equipment, net	29
Intangible assets, net	6
Goodwill	491
Deferred income taxes	2
Other assets	1
Total assets	1,348
Accounts payable and accrued liabilities	461
Accrued payroll and employee benefits	185
Notes payable and long-term debt	1
Total current liabilities	647
Non-current liabilities	—
Total liabilities	$	647

Other Disposals

Schedule of Discontinued Operations

The pre-sale operating results of the Company's discontinued operations discussed above, excluding the spin-off of New SAIC, for each of the three years ended January 31, 2014 were as follows:

	Year Ended January 31
	2014			2013			2012
	(in millions)
Revenues	$	16		$	77		$	189
Costs and expenses:
Cost of revenues	18			65			153
Selling, general and administrative expenses	24			50			56
Intangible asset impairment charges	2			6			18
Operating loss	$	(28	)	$	(44	)	$	(38	)