Computer Associates 2011 Annual Report Download - page 79

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Accrued restructuring costs and changes in the accruals for fiscal years 2011, 2010 and 2009 associated with the Fiscal 2010
and Fiscal 2007 Plans were as follows:
FISCAL 2010 PLAN
(IN MILLIONS) SEVERANCE
FACILITIES
ABANDONMENT
Accrued balance at March 31, 2009 $— $—
Amounts charged to expense 48 2
Payments (2) —
Accrued balance at March 31, 2010 46 2
Changes in estimate (4) —
Payments (37) (1)
Accretion and other (1) —
Accrued balance at March 31, 2011 $4 $1
FISCAL 2007 PLAN
(IN MILLIONS) SEVERANCE
FACILITIES
ABANDONMENT
Accrued balance at March 31, 2008 $93 $27
Amounts charged to expense 28 68
Payments (76) (24)
Accrued balance at March 31, 2009 45 71
Changes in estimate (4) —
Payments (33) (19)
Accretion and other —8
Accrued balance at March 31, 2010 860
Changes in estimate 11
Payments (5) (18)
Accretion and other —3
Accrued balance at March 31, 2011 $4 $46
The severance liability is included in the “Accrued salaries, wages, and commissions” line item on the Consolidated Balance
Sheet. The facilities abandonment liability is included in the “Accrued expenses and other current liabilities” and “Other
noncurrent liabilities” line items on the Consolidated Balance Sheet. The costs are included in the “Restructuring and other”
line item on the Consolidated Statements of Operations for the fiscal year ended March 31, 2011, 2010 and 2009.
Accretion and other includes accretion of the Company’s lease obligations related to facilities abandonment as well as
changes in the assumptions related to future sublease income. These costs are included in the “General and administrative”
expense line item of the Consolidated Statement of Operations.
Note 5 — marketable securities
At March 31, 2011, available-for-sale securities consisted of the following:
(IN MILLIONS)
AGGREGATE
COST
BASIS
GROSS
UNREALIZED
GAINS
GROSS
UNREALIZED
LOSSES
AGGREGATE
FAIR VALUE
MARCH 31, 2011
U.S. treasury and agency securities $ 60 $— $— $ 60
Municipal securities 2——2
Corporate debt securities 117 — — 117
$179 $— $— $179
At March 31, 2011, the Company did not have any debt securities that were in a continuous unrealized loss position for
greater than 12 months. At March 31, 2011, $75 million of marketable securities had scheduled maturities of less than one
year, and approximately $104 million had maturities of greater than one year but do not exceed three years.
At March 31, 2011, proceeds from the sale of marketable securities and realized gains and realized losses were approximately
$9 million and less than $1 million, respectively.
At March 31, 2010, the Company had less than $1 million of marketable securities.
67