Segment Profit |
|
|
|
|
|
|
|
|
||||||||
|
|
Three Months Ended |
|
Nine Months Ended |
||||||||||||
(in millions) |
|
December 31, 2019 |
|
December 31, 2018 |
|
December 31, 2019 |
|
December 31, 2018 |
||||||||
Profit |
|
|
|
|
|
|
|
|
||||||||
GBS profit |
|
$ |
353 |
|
|
$ |
395 |
|
|
$ |
1,078 |
|
|
$ |
1,198 |
|
GIS profit |
|
232 |
|
|
528 |
|
|
815 |
|
|
1,475 |
|
||||
All other loss |
|
(57 |
) |
|
(83 |
) |
|
(184 |
) |
|
(231 |
) |
||||
Interest income |
|
33 |
|
|
27 |
|
|
130 |
|
|
92 |
|
||||
Interest expense |
|
(93 |
) |
|
(81 |
) |
|
(288 |
) |
|
(249 |
) |
||||
Restructuring costs |
|
(74 |
) |
|
(76 |
) |
|
(248 |
) |
|
(418 |
) |
||||
Transaction, separation and integration-related costs |
|
(68 |
) |
|
(107 |
) |
|
(226 |
) |
|
(305 |
) |
||||
Amortization of acquired intangible assets |
|
(146 |
) |
|
(134 |
) |
|
(435 |
) |
|
(401 |
) |
||||
Goodwill impairment losses |
|
(53 |
) |
|
— |
|
|
(2,940 |
) |
|
— |
|
||||
Gain on arbitration award |
|
— |
|
|
— |
|
|
632 |
|
|
— |
|
||||
Income (loss) from continuing operations before income taxes |
|
$ |
127 |
|
|
$ |
469 |
|
|
$ |
(1,666 |
) |
|
$ |
1,161 |
|
|
|
|
|
|
|
|
|
|
||||||||
Segment profit margins |
|
|
|
|
|
|
|
|
||||||||
GBS |
|
15.0 |
% |
|
18.2 |
% |
|
15.8 |
% |
|
18.5 |
% |
||||
GIS |
|
8.7 |
% |
|
17.5 |
% |
|
10.2 |
% |
|
16.4 |
% |
DXC Technology Reports Third Quarter Fiscal 2020 Results
| | More GIS News |
|
We define segment profit as segment revenues less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its 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, separation and integration-related costs, and amortization of acquired intangible assets.
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