|
Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| Revenue: |
|
|
|
|
| Subscription and maintenance |
$ 892 |
$ 929 |
$ 2,709 |
$ 2,773 |
| Professional services |
90 |
94 |
268 |
289 |
| Software fees and other |
109 |
105 |
262 |
266 |
| Total revenue |
1,091 |
1,128 |
3,239 |
3,328 |
| Expenses: |
|
|
|
|
| Costs of licensing and maintenance |
74 |
77 |
217 |
216 |
| Cost of professional services |
84 |
88 |
253 |
264 |
| Amortization of capitalized software costs |
62 |
69 |
204 |
204 |
| Selling and marketing |
283 |
281 |
782 |
798 |
| General and administrative |
90 |
95 |
269 |
277 |
| Product development and enhancements |
143 |
144 |
443 |
418 |
| Depreciation and amortization of other intangible assets |
31 |
40 |
99 |
113 |
| Other expenses, net |
6 |
13 |
21 |
153 |
| Total expenses before interest and income taxes |
773 |
807 |
2,288 |
2,443 |
| Income from continuing operations before interest and income taxes |
318 |
321 |
951 |
885 |
| Interest expense, net |
12 |
15 |
38 |
39 |
| Income from continuing operations before income taxes |
306 |
306 |
913 |
846 |
| Income tax expense |
88 |
81 |
248 |
60 |
| Income from continuing operations |
218 |
225 |
665 |
786 |
| Income from discontinued operations, net of income taxes |
4 |
7 |
30 |
21 |
| Net income |
$ 222 |
$ 232 |
$ 695 |
$ 807 |
| Basic income per common share: |
|
|
|
|
| Income from continuing operations (in dollars per share) |
$ 0.49 |
$ 0.50 |
$ 1.50 |
$ 1.74 |
| Income from discontinued operations (in dollars per share) |
$ 0.01 |
$ 0.01 |
$ 0.07 |
$ 0.04 |
| Net income (in dollars per share) |
$ 0.50 |
$ 0.51 |
$ 1.57 |
$ 1.78 |
| Basic weighted average shares used in computation |
440 |
446 |
440 |
448 |
| Diluted income per common share: |
|
|
|
|
| Income from continuing operations (in dollars per share) |
$ 0.49 |
$ 0.50 |
$ 1.49 |
$ 1.73 |
| Income from discontinued operations (in dollars per share) |
$ 0.01 |
$ 0.01 |
$ 0.07 |
$ 0.04 |
| Net income (in dollars per share) |
$ 0.50 |
$ 0.51 |
$ 1.56 |
$ 1.77 |
| Diluted weighted average shares used in computation |
441 |
448 |
441 |
449 |