⁽¹⁾ Adjusted for the impact of purchase price accounting (PPA) on revenue in the first quarter of fiscal 2018 of $21 million in Global Business Services, $93 million in Global Infrastructure Services, and $5 million in United States Public Sector.

We define segment profit as segment revenues less cost of services, segment selling, general and administrative, and depreciation and amortization (excluding amortization of acquired intangible assets). We do not allocate to our segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and OPEB actuarial and settlement gains and losses, restructuring costs, transaction and integration-related costs and amortization of acquired intangible assets. The following table presents our segment profit and segment profit margins:

Segment Profit
				Three months ended
(in millions)				June 30, 2017						Historical CSC July 1, 2016						Pro forma combined company July 1, 2016
Profit
GBS profit				$	282					$	110					$	270
GIS profit				290						51						55
USPS profit				77						—						80
All other profit (loss)				30						(55		)				(132		)
Interest Income				16						10						21
Interest expense				(76		)				(25		)				(88		)
Restructuring costs				(190		)				(57		)				(131		)
Transaction and integration-related costs				(124		)				(56		)				(86		)
Amortization of acquired intangible assets				(120		)				(14		)				(113		)
Pension and OPEB actuarial and settlement losses				—						—						(198		)
Income (loss) before income taxes				$	185					$	(36	)				$	(322	)
Segment profit margins
GBS				12.4		%				10.5		%				11.2		%
GIS				9.8		%				5.8		%				1.7		%
USPS				11.4		%				—		%				11.3		%

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