Computer Associates 2009 Annual Report Download - page 11

This Annual Report on Form 10-K (Form 10-K) contains certain forward-looking information relating to CA, Inc. (the
“Company,” “Registrant,” “CA,” “we,” “our,” or “us”), that is based on the beliefs of, and assumptions made by, our
management as well as information currently available to management. When used in this Form 10-K, the words
“anticipate,” “believe,” “estimate,” “expect,” and similar expressions are intended to identify forward-looking information.
Such information includes, for example, the statements made under the caption “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” under Item 7, but also appears in other parts of this Form 10-K. This
forward-looking information reflects our current views with respect to future events and is subject to certain risks,
uncertainties, and assumptions, some of which are described under the caption “Risk Factors” in Part I Item 1A and
elsewhere in this Form 10-K. Should one or more of these risks or uncertainties occur, or should our assumptions prove
incorrect, actual results may vary materially from those described in this Form 10-K as anticipated, believed, estimated,
or expected. We do not intend to update these forward-looking statements.
The product and services names mentioned in this Form 10-K are used for identification purposes only and may be
protected by trademarks, trade names, services marks and/or other intellectual property rights of the Company and/or
other parties in the United States and/or other jurisdictions. The absence of a specific attribution in connection with any
such mark does not constitute a waiver of any such right. ITIL is a registered trademark of the Office of Government
Commerce in the United Kingdom and other countries. All other trademarks, trade names, service marks and logos
referenced herein, belong to their respective companies.
References in this Form 10-K to fiscal 2009, fiscal 2008, fiscal 2007 and fiscal 2006, etc. are to our fiscal years ended
on March 31, 2009, 2008, 2007 and 2006, etc., respectively.
Part I
ITEM 1. BUSINESS.
(a) General Development of Business
Overview
CA, Inc. is the world’s leading independent information technology (IT) management software company. We help
organizations manage IT to become lean and more productive, which can help them better compete, innovate and grow.
We develop and deliver software that makes it easier for organizations to manage IT throughout complex computing
environments. With our vision for Enterprise IT Management (EITM) and our expertise, organizations can more
effectively govern, manage and secure the services IT delivers to the business to reduce costs and risks, improve service
and ensure IT is integrated with the business.
We address the entire computing environment, which includes all of the people, information, processes, systems,
networks, applications and databases from a Web service to the mainframe to a virtualized “cloud”, regardless of the
hardware or software customers are using. We serve the majority of the Forbes Global 2000 companies, who rely on our
software, in part, to manage mission-critical aspects of their businesses. We have a broad portfolio of software products
and services that address our customers’ needs for mainframe and distributed environments, spanning IT governance,
IT management and IT security. Key focus areas include: infrastructure management, project and portfolio management,
security management, service management, application performance management, and data center automation and
virtualization.
The Company was incorporated in Delaware in 1974, began operations in 1976 and completed an initial public offering
of common stock in December 1981. Prior to April 28, 2008, our common stock was traded on the New York Stock
Exchange under the symbol “CA.” On April 28, 2008, we commenced trading on The NASDAQ Global Select Market tier
of The NASDAQ Stock Market LLC under the same symbol.
Fiscal 2009 Business Developments and Highlights
The following are some significant fiscal 2009 developments and highlights relating to our business:
•In February 2009, we completed a cash tender offer for our outstanding 4.750% Senior Notes due December 1,
2009. We received valid tenders of $176 million of the aggregate principal amount of the notes. During fiscal 2009,
we also repurchased $148 million of the aggregate principal amount of these notes in the open market. In total, we
reduced our obligations relating to these Notes from $500 million to $176 million during fiscal 2009.
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