Computer Associates 2015 Annual Report Download - page 79

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ACCRUED ACCRUED
BALANCE AT CHANGE BALANCE AT
MARCH 31, IN ACCRETION MARCH 31,
(in millions) 2012 EXPENSE ESTIMATE PAYMENTS AND OTHER 2013
Severance charges $ 13 $ 18 $ (6) $ (9) $ — $ 16
Facility exit charges 40 — — (13) (4) 23
Total accrued liabilities $53 $39
The balance at March 31, 2015 includes a severance accrual of approximately $5 million for plans and actions prior to the
Fiscal 2015 Severance Actions.
The severance liabilities are included in ‘‘Accrued salaries, wages and commissions’’ in the Consolidated Balance Sheets. The
facility exit liabilities are included in ‘‘Accrued expenses and other current liabilities’’ and ‘‘Other noncurrent liabilities’’ in
the Consolidated Balance Sheets.
Accretion and other includes accretion of the Company’s lease obligations related to facility exits as well as changes in the
assumptions related to future sublease income. These costs are included in ‘‘General and administrative’’ expense in the
Consolidated Statements of Operations.
Note 5 — Trade Accounts Receivable
Trade accounts receivable, net represents amounts due from the Company’s customers and is presented net of allowances.
These balances include revenue recognized in advance of customer billings but do not include unbilled contractual
commitments executed under license agreements. The components of ‘‘Trade accounts receivable, net’’ were as follows:
AT MARCH 31,
(in millions) 2015 2014
Accounts receivable — billed $ 591 $ 739
Accounts receivable — unbilled 63 61
Other receivables 15 19
Less: Allowances (17) (19)
Trade accounts receivable, net $ 652 $ 800
Note 6 — Long-Lived Assets
Property and Equipment: A summary of property and equipment was as follows:
AT MARCH 31.
(in millions) 2015 2014
Land and buildings $ 190 $ 222
Equipment, software developed for internal use, furniture and leasehold improvements 874 901
1,064 1,123
Accumulated depreciation and amortization (812) (828)
Property and equipment, net $ 252 $ 295
Capitalized Software and Other Intangible Assets: The gross carrying amounts and accumulated amortization for capitalized
software and other intangible assets at March 31, 2015 were as follows:
AT MARCH 31, 2015
ACCUMULATED
LESS: AMORTIZATION
GROSS FULLY REMAINING ON REMAINING
AMORTIZABLE AMORTIZED AMORTIZABLE AMORTIZABLE NET
(in millions) ASSETS ASSETS ASSETS ASSETS ASSETS
Purchased software products $ 5,717 $ 4,859 $ 858 $ 413 $ 445
Internally developed software products 1,486 835 651 414 237
Other intangible assets 836 556 280 231 49
Total capitalized software and other intangible assets $ 8,039 $ 6,250 $ 1,789 $ 1,058 $ 731
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