SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
ANNUAL REPORT
PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
x ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
For the fiscal year ended: December 31, 2002
o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
For the transition period from to
Commission file number: 1-4850
A. Full title of plan and the address of the plan, if different from that of the issuer named below: Computer Sciences Corporation Matched Asset Plan
B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
| Computer Sciences Corporation 2100 East Grand Avenue El Segundo, California 90245 |
TABLE OF CONTENTS
Description | Page |
| |
(a) Financial Statements: | |
| |
Independent Auditors' Report......................................................................... | 3 |
| |
Statements of Net Assets Available for Benefits As of December 31, 2002 and 2001 .................................................................. | 4 |
| |
Statements of Changes in Net Assets Available for Benefits For the Years Ended December 31, 2002 and 2001 ........................................... | 5 |
| |
Notes to Financial Statements ........................................................................... | 6 |
| |
(b) Supplemental Schedule: | |
| |
Schedule of Assets (Held at End of Year) | S-1 |
| |
(c) Exhibits:
| |
| |
Independent Auditors' Consent ........................................................................ | E-23 |
| |
Certification Under Section 906 of the Sarbanes-Oxley Act of 2002 | E-99 |
INDEPENDENT AUDITORS' REPORT
Employee Retirement Plan Committee
Computer Sciences Corporation
El Segundo, California:
We have audited the accompanying statements of net assets available for benefits of Computer Sciences Corporation Matched Asset Plan (the "Plan") as of December 31, 2002 and 2001, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2002 and 2001, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. Such supplemental schedule has been subjected to the auditing procedures applied in our audits of the 2002 basic financial statements and, in our opinion, is fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole.
/s/Deloitte & Touche LLP
June 13, 2003
3
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
| December 31 |
| 2002 | | 2001 |
ASSETS | | | |
Investments (Notes 1, 2, 5, and 9): | | | |
Short-term investments | $ 170,912,269 | | $ 161,908,607 |
Long-term investments | | | |
Computer Sciences Corporation common stock | 270,826,298 | | 366,929,066 |
Participant loans (Note 6) | 20,848,024 | | 23,727,940 |
Interest in registered investment companies | | | |
Mellon Enhanced Asset Fund | 89,474,914 | | 114,150,053 |
Mellon S&P 500 Stock Index Fund | 214,747,696 | | 261,662,033 |
Black Rock Core Bond Fund | | | 42,525,446 |
Vanguard High Yield Bond Fund | 11,456,659 | | 8,657,195 |
Mellon Balanced 40/60 Fund | 25,197,973 | | 19,959,575 |
Mellon Balanced 60/40 Fund | 40,452,622 | | 38,766,590 |
Mellon Balanced 80/20 Fund | 49,760,056 | | 52,413,718 |
Mellon S&P 500 Select Fund | 29,669,793 | | 32,348,755 |
Mellon Market Completion Fund | 39,969,231 | | 40,593,717 |
Bernstein International Value Portfolio Fund | | | 14,041,643 |
Frank Russell Active Equity Fund | 96,986,981 | | 126,149,670 |
Bonds and debentures | 215,919,928 | | 142,412,199 |
International equity investments | 15,006,101 | | |
Guaranteed investment contracts | 208,402 | | 211,992 |
Total investments | 1,291,436,947 | | 1,446,458,199 |
| | | |
Receivables: | | | |
Accrued income | 1,593,875 | | 1,176,875 |
Unsettled trades | 22,318,020 | | 20,320,012 |
Total Receivables | 23,911,895 | | 21,496,887 |
Cash | 738,482 | | - |
Total Assets | 1,316,087,324 | | 1,467,955,086 |
| | | |
LIABILITIES | | | |
Accrued expenses | 741,603 | | 412,358 |
Unsettled trade payables | 26,508,134 | | 15,266,460 |
Other | 695,516 | | 1,674,790 |
Total Liabilities | 27,945,253 | | 17,353,608 |
NET ASSETS AVAILABLE FOR BENEFITS | $ 1,288,142,071 ============ | | $ 1,450,601,478 ============ |
See Notes to Financial Statements
4
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
STATEMENTS OF CHANGES IN NET ASSETS
AVAILABLE FOR BENEFITS
| Years Ended December 31 |
| 2002 | | 2001 |
ADDITIONS | | | |
Investment Income (Loss): | | | |
Net depreciation in fair value of | | | |
investments (Note 9) | $ (246,023,997) | | $ (135,063,097) |
Interest | 14,519,253 | | 14,728,097 |
Dividends | 8,956,209 | | 10,048,883 |
| (222,548,535) | | (110,286,117) |
Contributions: | | | |
Employee | 151,249,938 | | 151,010,449 |
Employer | 27,985,869 | | 27,558,202 |
Employee rollovers | 8,839,837 | | 4,607,875 |
(Spin-offs to) transfers from other plans (Note 8) | (73,406) | | 135,149,630 |
| 188,002,238 | | 318,326,156 |
Total (Reductions) Additions | (34,546,297) | | 208,040,039 |
| | | |
DEDUCTIONS | | | |
Distributions to participants (Notes 1 and 2) | 125,997,395 | | 103,706,840 |
Investment management fees | 1,915,715 | | 1,786,442 |
Total Deductions | 127,913,110 | | 105,493,282 |
Net (Decrease) Increase | (162,459,407) | | 102,546,757 |
| | | |
Net Assets Available for Benefits at Beginning of Year | 1,450,601,478 | | 1,348,054,721 |
NET ASSETS AVAILABLE FOR BENEFITS AT END OF YEAR | $ 1,288,142,071 ============ | | $ 1,450,601,478 ============ |
See Notes to Financial Statements
5
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Note 1 Description of the Plan
The following brief description of the Computer Sciences Corporation Matched Asset Plan (the "Plan") is provided for general information purposes only. Participants should refer to the Plan documents for more complete information.
The Plan is a defined contribution plan adopted by the action of the Board of Directors of Computer Sciences Corporation (the "Company") taken on November 3, 1986, and constitutes an amendment and restatement of the Employee Stock Purchase Plan ("the Prior Plan").
The Plan is a continuation of the Prior Plan and is qualified under the Internal Revenue Code (the "Code"), as amended, Section 401(a) and, effective as of January 1, 1987, with respect to the portion thereof that qualifies as a qualified cash or deferred arrangement, to satisfy the requirement of Code Section 401(k). It is also subject to the provisions of the Employee Retirement Income Security Act of 1974 as amended ("ERISA").
Plan Termination Although it has not expressed any intention to do so, the Company reserves the right to discontinue its contributions and terminate the Plan subject to the provisions of ERISA. In the event of such termination, the participants' rights to the Company's contributions vest immediately and the account balances are fully paid to the participants.
Interest in the Common/Collective Trust
The Plan's investments are in the common/collective trust ("CCT") which was established for the investment of assets of the Plan and several other Computer Sciences Corporation sponsored retirement plans. Each participating retirement plan has an undivided interest in the CCT. The assets of the CCT are held by The Bank of New York (the "Trustee"). At December 31, 2002 and 2001, the Plan's interest in the net assets of the CCT was approximately 58.7% and 61.8%, respectively. Investment income and administrative expenses relating to each discretionary or directed fund within the CCT are allocated to the individual plans based upon average monthly balances invested by each plan in each discretionary or directed fund.
Participants in the CCT consist of the Computer Sciences Corporation Matched Asset Plan, CSC Outsourcing Inc. Hourly Savings Plan, CSC Outsourcing Inc. CUTW Hourly Savings Plan, Computer Sciences Corporation Employee Pension Plan, CSC Outsourcing Inc. Hourly Pension Plan, CSC Outsourcing Inc. CUTW Hourly Pension Plan, CSC/Hughes Retirement Plan, CSR's Range Employees Pension Plan, AEDC Contractors' Retirement Plan-ACS, Computer Sciences Corporation Cash Balance Plan, CSC/Raytheon Retirement Plan, CSC/E-Systems Pension Plan, and the CSC Pension Equity Plan (the "Plans").
6
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Eligibility and Participation
Any eligible employee who has satisfied the Plan's age and service requirements, and is employed by the Company, and who receives a stated compensation in respect of employment on the payroll of the Company, is eligible to become a participant, with the exception of a person who is represented by a collective bargaining unit and whose benefits have been the subject of good faith bargaining under a contract that does not specify that such person is eligible to participate in the Plan. In addition, the Company may determine to exempt all employees of any division, unit, facility or class from coverage under the Plan. Any person who leaves the employ of the Company and, at a later time becomes re-employed, must reapply to participate in the Plan, provided he or she otherwise meets the eligibility requirements.
There were approximately 34,961 and 37,150 participating employees at December 31, 2002 and 2001, respectively.
Employee and Company Contributions
Subject to certain limitations described below, an eligible employee who elects to become a participant may authorize any whole percentage (at least 1% but not more than 15%) of such employee's monthly compensation (as defined in the Plan) to be deferred and contributed to the trust fund on his or her behalf, up to a maximum amount of $11,000 and $10,500 for 2002 and 2001, respectively. Any compensation deferral in excess of $11,000 and $10,500 for 2002 and 2001, respectively, together with income allocable to that excess, will be returned to a participant. Any matching Company contributions attributable to any excess contribution, and income allocable thereto, will either be returned to the Company or applied to reduce future matching Company contributions. Effective January 1, 2002, under the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), the Plan permits participants age 50 and over, to make additional "catch-up" contributions in excess of the statutory limit. F or 2002, such "catch-up" contributions could be made up to $1,000 a year, then they are increased each year by $1,000 until $5,000 in 2006, and then indexed in $500 increments.
In order to qualify for the special tax treatment accorded to plans by Section 401(k) of the Code, contributions on behalf of participants under the Plan must meet two nondiscrimination tests designed to prevent a disproportionate compensation deferral election by employees who are highly compensated in relation to other employees. The Committee may cause the percentage authorized by the highly compensated participants to be reduced if the Plan does not meet both of the nondiscrimination tests.
A participant is not permitted to make voluntary after-tax contributions to the Plan.
7
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
The Company will contribute an amount equal to 50% of the first 3% of the participant's compensation deferral, except for five groups of employees to whom under the terms of their contract agreements the Company will contribute amounts based on the following rates:
Group 1 50% of the first 4% of the participant's compensation deferral;
Group 2 100% of the first 7% of the participant's compensation deferral;
Group 3 100% of the first 5% of the participant's compensation deferral;
Group 4 100% of the first 10% of the participant's compensation deferral; and
Group 5 100% of the first 6% of the participant's compensation deferral.
Matching contributions will be invested in the Company Stock Fund, which invests in the common stock of Computer Sciences Corporation except for employees of CSC Credit Services, Inc., Mississippi Space Services, and Computer Sciences Raytheon whose matching contributions are not required to be invested in the Company Stock Fund, and may be invested in any available fund selected by the employee. Participants direct the investment of their contributions into various investment options offered by the Plan.
Participant Accounts
Each participant's account is credited with the participant's contribution and the Company's matching contribution and allocations of Plan earnings, and is charged with an allocation of investment management fees. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
Vesting of Participants' Interests/Forfeitures
Participants are vested immediately in his or her contributions plus actual earnings thereon.
Vesting in his or her Matching Contribution Account is equal to twenty-five percent (25%) after completing two full years of service and increasing by twenty-five percent (25%) for each additional full year of service. Vesting accelerates to 100% in the event of reaching age 65 while employed by the Company or upon severance by reason of death or total and permanent disability.
Any nonvested portion of the Matching Contributions Account will be forfeited upon withdrawal from the Plan. Forfeitures may be applied to reduce future matching contributions by the Company. Such forfeitures during 2002 and 2001 amounted to $1,211,155 and $1,149,369, respectively. As of December 31, 2002, the Plan held $104,477 in forfeitures.
8
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Distributable Amounts, Withdrawals and Refunds
A participant may become entitled to a distribution of his or her distributable benefit by reason of retirement, death, total and permanent disability, voluntary termination of employment, or dismissal. The rules of payment of a participant's distributable benefit depend upon age of the participant, the number of years of service completed by the participant and the type of severance.
While still an employee, a participant may, upon at least a 30 day written notice to the Committee, make a withdrawal of his or her compensation deferral contributions if the Committee finds, after considering the participant's request, that an adequate financial hardship and resulting need for such amount has been demonstrated by the participant.
Note 2 Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. Certain reclassifications have been made to the prior years' financial statements to conform to 2002 presentation.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.
Risks and Uncertainties
The Plan utilizes various investment instruments. Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the value of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the financial statements.
9
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Assets of the Plan
The assets of the Plan are held in a trust with fourteen funds representing the investment options. The investment return in the respective funds is allocated to a participant based on his or her account balance. Contributions to, and payments from, the Plan are specifically identified to the applicable funds within the trust.
Security Transactions
Security transactions are accounted for on a trade-date basis. Dividend income is recorded on the ex-dividend date. Interest income is accounted for on the accrual basis.
In general, participants in the CSC Stock Fund receive distributions in certificates for shares of the common stock of the Company.
Valuation of Investment Securities
Investments in common stocks, fixed income securities and institutional investment vehicles are stated at fair value based upon closing sales prices reported on recognized securities exchanges on the last business day of the plan year or, for the listed securities having no sales reported and for unlisted securities, upon last reported bid prices on that date. Investments in short-term investments and participant loans are stated at cost which approximates fair value.
Payment of Benefits
Benefits are recorded when paid.
Note 3 Income Tax Status
The Internal Revenue Service has determined and informed the Company by a letter dated May 13, 2003, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (IRC).
The Committee believes that the Plan is designed and operated to qualify under Section 401(a) of the Code and, with respect to its qualified cash or deferred arrangement, under Section 401(k) of the Code.
10
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Note 4 Reconciliation of Financial Statements to Form 5500
| December 31, |
| 2002 | | 2001 |
| | | |
Net assets available for benefits per the financial statements | $ 1,288,142,071 | | $ 1,450,601,478 |
Amounts allocated to withdrawing participants | (10,968,769) | | (7,047,846) |
Net assets available for benefits per Form 5500 | $ 1,277,173,302 ============ | | $ 1,443,553,632 ============ |
The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500:
| Year Ended December 31, |
| 2002 | | 2001 |
| | | |
Benefits paid to participants per the financial statements | $ 125,997,395 | | $ 103,706,840 |
Add: Amounts allocated to withdrawing participants at end of year | 10,968,769 | | 7,047,846 |
Less: Amounts allocated to withdrawing participants at start of year | (7,047,846) | | (5,794,888) |
Benefits paid to participants per the Form 5500 | $ 129,918,318 =========== | | $ 104,959,798 =========== |
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to year end but not paid as of that date.
Note 5 Investment Funds
Participant contributions - Subject to rules the Committee may from time to time adopt, each participant has the right to designate one or more of the following investment funds established by the Committee for the investment of his or her compensation deferral contributions, in increments of 1%. After an initial election has been made, a participant may designate a different Fund into which future compensation deferral contributions shall be invested as of the first day of any payroll period that coincides with or immediately follows the first day of any month once within a calendar quarter. In addition, a participant may elect to redesignate any amounts in his or her accounts as of the last business day of any month to be invested in a different Fund. These elections may be made by giving such advance notice as may be required by the Plan administrator.
11
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Note 6 Participant Loans
The Plan allows participants to borrow from their vested account balances from a minimum of $1,000 to a maximum of 50% of their vested account balances up to $50,000, subject to certain limitations. The loans bear interest at the prime rate quoted in the Wall Street Journal plus 1%. Loan terms range from 1-5 years or up to 15 years for purchase of a primary residence. Loans are recorded at cost, which approximates fair value, on the Statements of Net Assets Available for Benefits.
The loans are deducted from the participants' accounts according to a priority specified in the Plan's loan rules and, within each account, pro rata from the funds based on their balances at the time. Loan repayments are reinvested in the participants' funds according to their current investment election. The repayments are similarly allocated among participants' accounts according to the priority specified in the Plan's rules.
Note 7 Benefits Payable
As of December 31, 2002 and 2001, net assets available for benefits included benefits of $10,968,769 and $7,047,846, respectively, due to participants who have elected to withdraw from the Plan but have not yet been paid.
Note 8 Transfers from and to Other Plans
In 2002, $85,007 was processed as loan spin-offs from the Plan to the JT-3 Plan. Also, $11,601 was transferred to the Plan from other defined contribution plans.
The asset value of transfers from other plans were as follows in 2001: $125,268,996 from the Policy Management Systems Corporation 401(k) Retirement Savings Plan; $8,955,418 from the BAE Employees' Savings & Investment, Tracor, Inc. 401(k) Savings, and British Aerospace 401(k) Retirement Savings Plans; $890,104 from the Oxford Selective Savings Plan; and $35,112 from various other plans.
12
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Note 9 Investments in Common/Collective Trust
The following table presents investments in the CCT at fair value.
| | | December 31, |
| | | 2002 | | 2001 |
Investments at Fair Value as Determined by | | | |
| Quoted Market Price | | | |
| Cash (Overdraft) | $ (7,062,096) | | $ 771,012 |
| Short-term investment fund | 82,631,988 | | 31,776,435 |
| Money market fund | 134,905,932 | | 147,720,071 |
| Bonds and debentures | 313,525,841 | | 248,968,019 |
| CSC Common Stock | 271,451,187 | | 368,094,643 |
| International equity portfolios | 80,999,745 | | 74,180,890 |
| Investment in registered investment companies | | | |
| | Active Allocation Fund | 89,474,915 | | 114,150,053 |
| | Brinson Balanced Fund | 44,971,781 | | 49,406,885 |
| | Brinson U.S. Equity Fund | 121,505,104 | | 143,755,664 |
| | Mellon Capital Aggr. Bond Fund | 19,442,536 | | 20,066,387 |
| | Mellon Corporate Bond Fund | 128,727,920 | | 123,016,531 |
| | Mellon EB Enhanced Asset Allocation Fund | 72,130 | | 113,334 |
| | Mellon EB Stock Index Fund | 18,103,136 | | 23,220,592 |
| | Mellon Equity Fund | 252,041,662 | | 235,054,154 |
| | Mellon Equity Completion Fund | 100,432,455 | | 97,126,946 |
| | Mellon Government Bond Fund | 1,100,655 | | 1,008,764 |
| | Mellon Index Fund | 91,480 | | 136,632 |
| | Mellon S&P 500 Index Fund | 214,747,696 | | 261,662,033 |
| | Pacific Mutual Enhanced Bond Fund | 42,048,116 | | 37,783,455 |
| | BlackRock Core Bond Fund | 2,068,241 | | 44,600,697 |
| | Vanguard High Yield Bond Fund | 11,456,659 | | 8,657,195 |
| | Mellon Balanced 40/60 Fund | 25,197,973 | | 19,959,575 |
| | Mellon Balanced 60/40 Fund | 40,452,622 | | 38,766,590 |
| | Mellon Balanced 80/20 Fund | 49,760,056 | | 52,413,718 |
| | Mellon S&P 500 Select Fund | 29,669,793 | | 32,348,755 |
| | | | | (continued) |
13
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Table of CCT investments, continued
| | | December 31, |
| | | 2002 | | 2001 |
| | Frank Russell Active Equity Fund | 97,710,335 | | 127,245,652 |
| | | 2,165,527,862 | | 2,302,004,682 |
Investment at Estimated Fair Value | | | |
| Geewax Terker Hedge fund | 14,208,865 | | 14,165,469 |
| Guaranteed investment contracts | 208,402 | | 211,992 |
| | | 14,417,267 | | 14,377,461 |
| | | | | |
Investment at Cost, Which Approximates Fair Value | | |
| Employee loans | 20,861,715 | | 23,765,491 |
| | Total Common/Collective Trust | $ 2,200,806,844 ============ | | $ 2,340,147,634 ============ |
| | Plan's Interest in the CCT | $ 1,291,436,947 ============ | | $ 1,446,458,199 =========== |
The investment income (loss) of the CCT is summarized as follows:
| | Year Ended December 31, |
| | 2002 | | 2001 |
| | | | |
| Bonds and debentures | $ 10,015,510 | | $ 4,924,608 |
| CSC Common Stock | (108,787,494) | | (59,424,873) |
| International equity portfolios | (8,622,821) | | (10,670,885) |
| Active Allocation Fund | (20,078,067) | | (8,719,154) |
| Brinson Balanced Fund | (5,805,752) | | 1,285,968 |
| Brinson Equity Fund | (24,647,781) | | 4,891,950 |
| Mellon Capital Aggr. Bond Fund | 690,020 | | 418,623 |
| Mellon Corporate Bond Fund | 3,612,141 | | 3,672,373 |
| Mellon EB Enhanced Asset Allocation Fund | (17,344) | | (8,058) |
| Mellon EB Stock Index Fund | (5,441,571) | | (3,192,318) |
| Mellon Equity Fund | (66,788,887) | | (33,622,902) |
| Mellon Equity Completion Fund | (19,801,599) | | (9,200,978) |
| Mellon Government Bond Fund | 41,899 | | 23,420 |
| | | | (continued) |
14
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Investment income (loss), continued
| | Year Ended December 31, |
| | 2002 | | 2001 |
| Mellon Index Fund | (34,571) | | (20,131) |
| Mellon S&P 500 Index Fund | (63,790,246) | | (35,624,927) |
| Pacific Mutual Enhanced Bond Fund | 4,264,662 | | 3,040,266 |
| BlackRock Core Bond Fund | 72,514 | | 262,365 |
| Vanguard High Yield Bond Fund | (626,885) | | (440,694) |
| Mellon Balanced 40/60 Fund | (782,720) | | 70,786 |
| Mellon Balanced 60/40 Fund | (4,249,948) | | (1,096,540) |
| Mellon Balanced 80/20 Fund | (9,206,704) | | (3,670,567) |
| Mellon S&P 500 Select Fund | (8,038,147) | | (3,246,340) |
| Frank Russell Active Equity Fund | (27,340,693) | | (20,799,631) |
| Geewax Terker Hedge fund | (128,110) | | 58,709 |
Net depreciation in fair value of investments | (355,492,594) | | (171,088,930) |
Dividends | 35,005,228 | | 48,455,275 |
Interest | 20,008,593 | | 5,947,341 |
| Common/Collective Trust Loss | $ (300,478,773) ============ | | $ (116,686,314) ============ |
| Plan's Interest in the Common/Collective Trust Loss | $ (222,548,535) ============ | | $ (110,286,117) =========== |
Note 9 Related-Party Transactions
Certain short-term investment funds are managed by The Bank of New York. The Bank of New York is the trustee as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions. The fees associated with these short-term investment funds were paid by the Company.
At December 31, 2002 and 2001, the Plan held 7,861,431 and 7,491,406 shares, respectively, of common stock of the Computer Sciences Corporation, the sponsoring employer, with a cost basis of $466,785,058 and $462,477,957, respectively.
15
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Note 10 Nonparticipant-Directed Investments
Information about the net assets and the significant components of the changes in net assets relating to the nonparticipant-directed investments is as follows as of December 31, 2002 and 2001, and for the two years ended December 31, 2002:
| | 2002 | | 2001 |
Net assets: | | | |
| CSC common stock | $ 270,826,298 | | $ 366,929,066 |
| Short-term investments | 3,606,539 | | 3,350,802 |
| Accrued income | 2,963 | | 2,646 |
| Net unsettled trades payable | (1,648,279) | | (2,634,021) |
| Other payables | - | | (328,614) |
| CSC Stock Fund | $ 272,787,521 | | $ 367,319,879 |
| | | | |
Changes in net assets: | | | |
| Net depreciation in fair value of investments | (107,637,878) | | (59,231,924) |
| Interest income | 835,954 | | 1,196,858 |
| Employer contributions | 25,428,236 | | 26,216,874 |
| Participant contributions | 25,037,842 | | 30,126,900 |
| Participant rollovers | 467,912 | | 497,033 |
| Transfers to participant-directed investments | (8,182,718) | | (3,194,898) |
| Plan to plan transfers | (6,395) | | 702,635 |
| Benefits paid to participants | (30,475,311) | | (22,806,952) |
| | | | |
| Net Change | (94,532,358) | | (26,493,474) |
| | | | |
CSC Stock Fund beginning of the year | 367,319,879 | | 393,813,353 |
CSC Stock Fund end of the year | $ 272,787,521 =========== | | $ 367,319,879 ========== |
Note 11 Derivative Financial Instruments
In the Plan's separate accounts, derivative financial instruments are used by the Plan's international equity manager primarily to hedge the currency risk component of the Plan's foreign investments. The fixed income investment manager is permitted to use certain specified types of derivative instruments as part of its strategy. This strategy includes the use of futures and options as substitutes for certain types of fixed income securities. Leveraging of the Plan's assets and speculation are prohibited. Currency hedge positions in aggregate are not permitted to exceed the level of exposure in the Plan's related assets.
16
COMPUTER SCIENCES CORPORATION
MATCHED ASSET PLAN
NOTES TO FINANCIAL STATEMENTS
For the two years ended December 31, 2002
Foreign Currency Exchange Contracts
The Plan enters into forward contracts to purchase and sell foreign currencies in the normal course of its investing activities to manager the currency exposure associated with the Plan's foreign equity investments. The terms of these contracts generally do not exceed one year. The credit risk associated with these contracts is minimal as they are entered into with a limited number of highly rated counterparties.
The Plan reflects the fair value of all forward contracts as an asset or liability in the Plan's financial statements. The fair value associated with the foreign currency contracts have been estimated by the valuing position of the contracts using the applicable spot rates and forward rates as of the reporting date. In the statement of net assets available for benefits, forward contracts to purchase foreign currency are shown as currency contract payables and forward contracts to sell foreign currency are shown as currency contract receivables. Changes in fair values are accounted for as net appreciation (depreciation) in fair value of investments.
Futures Contracts
The Plan enters into futures contracts in the normal course of its investing activities to manage market risk associated with the Plan's fixed income investments and to achieve overall investment portfolio objectives. These contracts involve elements of market risk in excess of amounts recognized in the statements of net assets available for benefits. The credit risk associated with these contracts is minimal as they are traded on organized exchanges and settled daily.
During 2002, the Plan was a party to futures contracts held for trading purposes for U.S. Treasury Bonds. Upon entering into a futures contract, the Plan is required to deposit either in cash or securities an amount ("initial margin") equal to a certain percentage of the nominal value of the contract. Subsequent payments are then made or received by the Plan, depending on the daily fluctuations in the value of the underlying contracts.
At December 31, 2002, the Plan had futures contracts to sell U.S. Treasury Bonds contracts with a notional amount of $4.3 million. Notional amounts do not quantify risk or represent assets or liabilities of the Plan, but are used in the calculation of cash settlements under the contracts.
The fair value of futures contracts in the statement of net assets available for benefits is zero at December 31, 2002, as settlements are by cash daily. Changes in fair values are accounted for as net depreciation (depreciation) in fair value of investments.
17
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Act of 1934, the Computer Sciences Corporation Retirement Plans Committee has duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized.
| Computer Sciences Corporation MATCHED ASSET PLAN |
Date: June 25, 2003 | By: /s/ LEON J. LEVEL Leon J. Level Chairman, Computer Sciences Corporation Retirement Plans Committee |
18
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value
|
| | | | | | | | | |
* | | The Bank of New York | | STIF - Collective Short Term Invest Fd | | $ 36,006,333 | | $ 36,006,333 |
| | Mellon Capital Management Corp. | | Temporary Investment Fund | | | 4 | | 4 |
| | The Vanguard Group | | Money Market Fund | | | | 134,905,932 | | 134,905,932 |
| | | | | Short-Term Investments | 170,912,269 | | 170,912,269 |
| | | | | | | | | | |
* | | Computer Sciences Corp. | | CSC Common Stocks | | | | 466,785,058 | | 270,826,298 |
| | | | | | | | | | |
| | Computer Sciences Corp. | | Loan to Participants (1/10/03-10/9/20 -- 5.25%-11.54%) | 20,848,024 | | 20,848,024 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Mutual Fund - Mellon Enhanced Asset EB Daily Liquidity Enhanced Fund | 114,493,029 | | 89,474,914 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Mutual Fund - Mellon S&P 500 Index Daily Liquidity Stock Fund | 362,386,854 | | 214,747,696 |
| | | | | | | | | | |
| | The Vanguard Group | | Commingled Bond Fund - Vanguard High Yield Corp Bond | 12,943,232 | | 11,456,659 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Mutual Fund - Daily Liquidity Stock Index Fund | | 10,023,353 | | 7,808,911 |
| | Mellon Capital Management Corp. | | Commingled Bond Fund - Mellon EB Daily Liquidity | | 13,072,040 | | 15,193,963 |
| | Mellon Capital Management Corp. | | Commingled Equity Fund - Mellon EB Daily Mkt Complet | 2,562,564 | | 2,195,099 |
| | | | | Mellon Balanced 40/60 Fund | 25,657,957 | | 25,197,973 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Mutual Fund - Daily Liquidity Stock Index Fund | | 25,455,752 | | 18,827,224 |
| | Mellon Capital Management Corp. | | Commingled Bond Fund - Mellon EB Daily Liquidity | | 13,844,789 | | 16,243,777 |
| | Mellon Capital Management Corp. | | Commingled Equity Fund - Mellon EB Daily Mkt Complet | 6,489,131 | | 5,381,621 |
| | | | | Mellon Balanced 60/40 Fund | 45,789,672 | | 40,452,622 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Mutual Fund - Daily Liquidity Stock Index Fund | | 43,408,355 | | 30,961,958 |
| | Mellon Capital Management Corp. | | Commingled Bond Fund - Mellon EB Daily Liquidity | | 8,494,263 | | 9,952,011 |
| | Mellon Capital Management Corp. | | Commingled Equity Fund - Mellon EB Daily Mkt Complet | 11,139,533 | | 8,846,087 |
| | | | | Mellon Balanced 80/20 Fund | 63,042,151 | | 49,760,056 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Commingled Eqty Fund - S&P Select EB Daily Liq. Active | 40,155,674 | | 29,669,793 |
| | | | | | | | | | |
| | Mellon Capital Management Corp. | | Commingled Eqty Fund - Market Completion EB Daily | 53,381,673 | | 39,969,231 |
| | | | | | | | | | |
| | Frank Russell Trust Company | | Commingled Equity Fund - Frank Russell Equity #1 Fund | | 150,091,588 | | 96,986,981 |
| | | | | | | | | | |
| | Asset Backed Secs Corp | | Corporate Fixed Income | 03/15/30 | 5.11% | 382,063 | | 393,645 |
| | Bank One Issuance Trust | | Corporate Fixed Income | 01/15/08 | 4.16% | 1,224,742 | | 1,281,299 |
| | Capital Auto Receivables Asset | | Corporate Fixed Income | 10/16/06 | 3.58% | 1,199,824 | | 1,238,460 |
| | Chase Coml Mtg Secs Corp | | Corporate Fixed Income | 01/15/32 | 7.03% | 427,115 | | 458,897 |
| | Chase Manhattan Auto Owner Tr | | Corporate Fixed Income | 06/15/07 | 6.26% | 950,625 | | 943,208 |
S-1
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | | |
| | Citibank Cr Card Issuance Tr | | Corporate Fixed Income | 12/07/06 | 4.10% | | 2,002,188 | | 2,081,756 |
| | Citibank Cr Card Issuance Tr | | Corporate Fixed Income | 06/10/06 | 3.97% | | 1,300,406 | | 1,299,909 |
| | Citibank Cr Card Master Tr I | | Corporate Fixed Income | 08/15/06 | | | 1,093,875 | | 1,167,127 |
| | Citigroup Inc | | Corporate Fixed Income | 12/01/05 | 6.75% | | 1,234,146 | | 1,278,766 |
| | Conseco Fin Securitizations | | Corporate Fixed Income | 05/01/31 | 7.30% | | 897,275 | | 878,382 |
| | CWMBS Inc Pass Thru Ctfs | | Corporate Fixed Income | 06/19/31 | 4.17% | | 352,445 | | 349,562 |
| | Daimlerchrysler Auto Tr | | Corporate Fixed Income | 11/08/04 | 6.11% | | 1,035,982 | | 1,009,783 |
| | Daimlerchrysler Auto Tr | | Corporate Fixed Income | 03/08/06 | 6.70% | | 1,955,263 | | 1,983,419 |
| | Deutsche Mortgage & Asset Receiving | | Corporate Fixed Income | 09/15/07 | 6.22% | | 360,966 | | 391,739 |
| | European Invt Bk | | Corporate Fixed Income | 01/24/06 | 5.63% | | 821,560 | | 876,720 |
| | First Rep Mtg Ln Tr V/R | | Corporate Fixed Income | 06/25/30 | 4.38% | | 473,869 | | 473,418 |
| | Ford Cr Auto Owner Tr | | Corporate Fixed Income | 02/15/05 | 4.83% | | 1,710,693 | | 1,693,690 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 06/15/07 | 5.00% | | 1,492,290 | | 1,588,275 |
| | General Motors Accept Corp | | Corporate Fixed Income | 06/17/04 | 6.85% | | 809,185 | | 807,108 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 09/15/06 | 6.13% | | 331,487 | | 330,242 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 06/15/04 | 7.63% | | 370,962 | | 367,518 |
| | Green Tree Finl Corp | | Corporate Fixed Income | 01/15/26 | | | 217,941 | | 222,798 |
| | GTE Fla Inc | | Corporate Fixed Income | 11/15/05 | 6.25% | | 386,761 | | 405,323 |
| | IFC Sbap 97-1A V/R | | Corporate Fixed Income | 01/15/24 | | | 658,792 | | 651,583 |
| | Internatl Bk For Re Dev6.0152 | | Corporate Fixed Income | 06/21/04 | 6.02% | | 532,140 | | 558,875 |
| | J P Morgan Chase & Co | | Corporate Fixed Income | 08/15/06 | 5.63% | | 512,498 | | 529,541 |
| | Kfw Intl Fin M/T/N | | Corporate Fixed Income | 03/09/06 | 5.25% | | 716,534 | | 758,353 |
| | Mellon Auto Grantor Tr | | Corporate Fixed Income | 10/15/06 | 7.18% | | 509,826 | | 523,517 |
| | Metropolitan Life In Co Surplus Nt Restr | Corporate Fixed Income | 11/01/03 | 6.30% | | 1,015,030 | | 1,083,002 |
| | Missouri Higher Ed Ln Auth Student Ln | | Corporate Fixed Income | 07/25/08 | 2.35% | | 748,546 | | 750,211 |
| | Nissan Auto Receivables 2001-B | | Corporate Fixed Income | 10/15/06 | 5.35% | | 1,424,962 | | 1,493,159 |
| | Nissan Auto Receivables 2001-C | | Corporate Fixed Income | 02/15/07 | 4.80% | | 1,824,809 | | 1,915,110 |
| | Nissan Auto Receivables 2001-C | | Corporate Fixed Income | 05/16/05 | 4.31% | | 1,421,875 | | 1,426,640 |
| | Nissan Auto Receivables 2002 A | | Corporate Fixed Income | 09/15/05 | 3.58% | | 1,599,811 | | 1,631,472 |
| | Nissan Auto Receivables 2002 B | | Corporate Fixed Income | 12/15/05 | 3.99% | | 1,799,978 | | 1,849,184 |
| | Residential Accredit Lns Inc | | Corporate Fixed Income | 12/25/16 | 6.00% | | 1,110,839 | | 1,117,937 |
| | Sears Cr Account Master Tr Ii | | Corporate Fixed Income | 11/15/07 | 7.25% | | 871,367 | | 868,931 |
| | Sears Cr Account Master Tr Ii | | Corporate Fixed Income | 10/16/08 | 5.25% | | 1,387,998 | | 1,397,317 |
| | Sequoia Mtg Tr 2 | | Corporate Fixed Income | 10/25/24 | 6.09% | | 851,486 | | 841,380 |
| | Slm Student Ln Tr | | Corporate Fixed Income | 10/26/09 | 1.20% | | 1,350,316 | | 1,349,676 |
| | Slm Student Ln Tr | | Corporate Fixed Income | 10/25/10 | 1.58% | | 1,402,247 | | 1,398,985 |
| | Structured Asset Mtg Invts Inc | | Corporate Fixed Income | 11/25/13 | 6.13% | | 567,688 | | 627,058 |
| | TMS SBA Ln Tr | | Corporate Fixed Income | 01/15/25 | 6.02% | | 312,002 | | 314,966 |
| | TMS SBA Ln Tr | | Corporate Fixed Income | 04/15/24 | 4.23% | | 508,434 | | 522,959 |
| | TMS SBA Ln Tr V/R | | Corporate Fixed Income | 01/15/25 | 6.50% | | 467,982 | | 474,544 |
| | Tyco Intl Grp Sa | | Corporate Fixed Income | 06/15/05 | 6.38% | | 395,501 | | 363,750 |
| | Union Planters Mtg Fin Corp | | Corporate Fixed Income | 04/01/29 | 6.25% | | 440,707 | | 448,232 |
| | Verizon Global Fdg Corp | | Corporate Fixed Income | 12/01/05 | 6.75% | | 292,803 | | 314,899 |
S-2
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | | |
| | Virginia Elec & Pwr Co | | Corporate Fixed Income | 03/31/06 | 5.75% | | 484,628 | | 499,526 |
| | Wachovia Asset Securitization | | Corporate Fixed Income | 10/25/33 | 6.25% | | 880,952 | | 866,245 |
| | Washington Mut Mtg Secs Corp | | Corporate Fixed Income | 04/25/28 | 6.76% | | 402,894 | | 403,547 |
| | Washington Mut Mtg Secs Corp | | Corporate Fixed Income | 11/25/30 | 4.93% | | 823,767 | | 837,930 |
| | Abn Amro Mtg Corp | | Corporate Fixed Income | 04/25/17 | 6.50% | | 287,196 | | 288,460 |
| | Amerada Hess Corp | | Corporate Fixed Income | 03/15/33 | 7.13% | | 25,920 | | 26,637 |
| | American Gen Corp | | Corporate Fixed Income | 07/01/30 | 8.50% | | 95,362 | | 98,016 |
| | Ameritech Capital 6.25 18May2009 | | Corporate Fixed Income | 05/18/09 | 6.25% | | 146,679 | | 150,178 |
| | Aol Time Warner Inc | | Corporate Fixed Income | 04/15/31 | 7.63% | | 119,250 | | 133,611 |
| | AT&T Corp | | Corporate Fixed Income | 03/15/13 | 6.50% | | 100,650 | | 110,344 |
| | AT&T Corp | | Corporate Fixed Income | 11/15/11 | 7.80% | | 61,600 | | 76,511 |
| | Avalonbay Cmntys Inc M/T/N | | Corporate Fixed Income | 12/15/10 | 7.50% | | 53,911 | | 55,976 |
| | Avalonbay Cmntys Inc M/T/N | | Corporate Fixed Income | 09/15/11 | 6.63% | | 25,884 | | 26,660 |
| | Bank Amer Corp | | Corporate Fixed Income | 02/15/10 | 7.80% | | 75,551 | | 77,318 |
| | Bank Amer Corp | | Corporate Fixed Income | 01/15/08 | 3.88% | | 99,645 | | 101,444 |
| | British Telecommunications | | Corporate Fixed Income | 12/15/30 | 8.88% | | 61,440 | | 63,745 |
| | Burlington Northn Santa Fe | | Corporate Fixed Income | 07/01/12 | 5.90% | | 103,904 | | 108,461 |
| | Chase Coml Mtg Secs Corp | | Corporate Fixed Income | 01/15/32 | 7.20% | | 271,943 | | 292,751 |
| | Chase Manhattan Auto Owner Tr | | Corporate Fixed Income | 06/15/07 | 6.26% | | 579,584 | | 576,405 |
| | Chase Manhattan Corp New | | Corporate Fixed Income | 06/01/07 | 7.25% | | 53,882 | | 55,676 |
| | Chrysler Corp | | Corporate Fixed Income | 03/01/27 | 7.45% | | 50,329 | | 54,198 |
| | Citibank Cr Card Issuance Tr | | Corporate Fixed Income | 05/15/07 | 4.40% | | 324,851 | | 341,920 |
| | Citigroup Inc | | Corporate Fixed Income | 10/01/10 | 7.25% | | 386,829 | | 400,500 |
| | Citigroup Inc | | Corporate Fixed Income | 05/10/06 | 5.75% | | 401,689 | | 423,376 |
| | Comcast Cable Communications | | Corporate Fixed Income | 01/30/11 | 6.75% | | 182,049 | | 197,691 |
| | Comcast Cable Communications | | Corporate Fixed Income | 01/30/06 | 6.38% | | 185,450 | | 204,027 |
| | Conoco Funding Co 6.35 15Oct2011 | | Corporate Fixed Income | 10/15/11 | 6.35% | | 258,279 | | 279,170 |
| | Consumers Energy Co | | Corporate Fixed Income | 03/15/05 | 6.00% | | 39,429 | | 39,650 |
| | Continental Airls Pass Thru | | Corporate Fixed Income | 08/02/20 | 6.55% | | 82,105 | | 77,825 |
| | Credit Suisse First Boston Mtg | | Corporate Fixed Income | 11/11/30 | 6.30% | | 136,660 | | 139,127 |
| | Credit Suisse First Boston Usa | | Corporate Fixed Income | 01/15/08 | 4.63% | | 74,930 | | 76,025 |
| | Credit Suisse First Boston Usa | | Corporate Fixed Income | 11/15/11 | 6.13% | | 116,046 | | 119,990 |
| | D0Minion Res Inc Va New | | Corporate Fixed Income | 06/15/10 | 8.13% | | 40,620 | | 40,719 |
| | Daimler Chysler Auto Trust | | Corporate Fixed Income | 01/06/05 | 7.23% | | 483,912 | | 482,026 |
| | Daimlerchrysler Auto Tr | | Corporate Fixed Income | 12/06/06 | 4.63% | | 404,594 | | 419,795 |
| | Devon Energy Corp | | Corporate Fixed Income | 04/15/32 | 7.95% | | 108,693 | | 120,221 |
| | DLJ Coml Mtg Corp | | Corporate Fixed Income | 02/18/31 | 6.41% | | 213,461 | | 223,252 |
| | Dominion Res Inc Del | | Corporate Fixed Income | 12/15/09 | 5.13% | | 49,777 | | 50,656 |
| | Dow Chem Co | | Corporate Fixed Income | 02/01/11 | 6.13% | | 121,979 | | 123,647 |
| | Dow Chem Co | | Corporate Fixed Income | 01/15/09 | 5.97% | | 49,987 | | 52,445 |
| | Dow Chemical Co 7.375 01Nov29 | | Corporate Fixed Income | 11/01/29 | 7.38% | | 29,908 | | 32,463 |
| | Dte Energy Co | | Corporate Fixed Income | 06/01/06 | 6.45% | | 199,518 | | 209,830 |
| | El Paso Nat Gas Co | | Corporate Fixed Income | 11/15/26 | 7.50% | | 41,953 | | 31,725 |
S-3
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | | |
| | El Paso Nat Gas Co | | Corporate Fixed Income | 06/15/32 | 8.38% | | 96,528 | | 70,775 |
| | Eop Oper Ltd Partnership | | Corporate Fixed Income | 07/15/11 | 7.00% | | 123,275 | | 130,747 |
| | Exelon Corp | | Corporate Fixed Income | 05/01/11 | 6.75% | | 72,431 | | 76,622 |
| | F N M A Pool # 53911 | | Corporate Fixed Income | 05/01/31 | 6.50% | | 920,631 | | 859,477 |
| | Firstenergy Corp | | Corporate Fixed Income | 11/15/31 | 7.38% | | 128,287 | | 130,866 |
| | Fleetboston Finl Corp | | Corporate Fixed Income | 12/01/06 | 4.88% | | 50,083 | | 52,029 |
| | Fleetboston Finl Corp M/T/N | | Corporate Fixed Income | 11/30/07 | 4.20% | | 99,855 | | 100,578 |
| | Ford Cr Auto Owner Tr | | Corporate Fixed Income | 02/15/05 | 4.83% | | 566,810 | | 564,563 |
| | Ford Cr Auto Owner Tr | | Corporate Fixed Income | 10/15/04 | 5.12% | | 676,692 | | 675,487 |
| | Ford Mtr Cr Co | | Corporate Fixed Income | 10/28/09 | 7.38% | | 299,025 | | 297,258 |
| | Ford Mtr Cr Co | | Corporate Fixed Income | 02/01/11 | 7.38% | | 189,204 | | 204,202 |
| | Ford Mtr Cr Co | | Corporate Fixed Income | 02/01/06 | 6.88% | | 71,431 | | 70,123 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 03/30/06 | 5.35% | | 130,556 | | 134,003 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 01/15/08 | 4.25% | | 114,300 | | 117,938 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 01/15/13 | 5.45% | | 119,629 | | 124,649 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 06/15/12 | 6.00% | | 156,632 | | 161,951 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 02/15/12 | 5.88% | | 73,434 | | 74,836 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 01/19/10 | 7.38% | | 40,630 | | 40,654 |
| | General Elec Cap Corp M/T/N | | Corporate Fixed Income | 02/22/11 | 6.13% | | 191,325 | | 205,776 |
| | General Mls Inc | | Corporate Fixed Income | 02/15/12 | 6.00% | | 126,638 | | 141,393 |
| | General Mls Inc | | Corporate Fixed Income | 02/15/07 | 5.13% | | 78,790 | | 79,682 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 08/28/12 | 6.88% | | 149,084 | | 152,791 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 09/15/11 | 6.88% | | 157,636 | | 169,534 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 01/15/06 | 6.75% | | 144,677 | | 144,988 |
| | General Mtrs Accep Corp | | Corporate Fixed Income | 03/02/11 | 7.25% | | 317,344 | | 315,899 |
| | Gmac Commercial Mortgage Secur | | Corporate Fixed Income | 05/15/33 | 6.18% | | 379,955 | | 389,690 |
| | Heller Finl Coml Mtg Asset Corp | | Corporate Fixed Income | 05/15/31 | 6.85% | | 256,729 | | 257,625 |
| | Honeywell Intl Inc | | Corporate Fixed Income | 11/01/11 | 6.13% | | 129,878 | | 141,185 |
| | Honeywell Intl Inc | | Corporate Fixed Income | 03/01/10 | 7.50% | | 28,613 | | 29,216 |
| | Household Fin Corp | | Corporate Fixed Income | 11/15/08 | 6.50% | | 43,230 | | 53,761 |
| | Household Fin Corp | | Corporate Fixed Income | 10/15/11 | 6.38% | | 40,212 | | 41,820 |
| | Household Finance Corp | | Corporate Fixed Income | 02/01/09 | 5.88% | | 129,746 | | 143,697 |
| | J P Morgan Chase & Co | | Corporate Fixed Income | 02/01/11 | 6.75% | | 90,766 | | 92,414 |
| | J P Morgan Chase Coml Mtg Secs | | Corporate Fixed Income | 03/15/33 | 6.26% | | 408,223 | | 417,575 |
| | Kellogg Co | | Corporate Fixed Income | 04/01/06 | 6.00% | | 218,651 | | 227,625 |
| | Kfw Intl Fin Inc | | Corporate Fixed Income | 01/24/07 | 4.75% | | 151,258 | | 161,172 |
| | Kinder Morgan Energy Partners | | Corporate Fixed Income | 08/15/33 | 7.30% | | 146,228 | | 155,449 |
| | Kohls Corp | | Corporate Fixed Income | 03/01/11 | 6.30% | | 32,312 | | 33,260 |
| | Kraft Foods Inc | | Corporate Fixed Income | 06/01/07 | 5.25% | | 84,554 | | 91,810 |
| | Kraft Foods Inc | | Corporate Fixed Income | 11/01/11 | 5.63% | | 63,083 | | 69,489 |
| | Lehman Brothers Hldgs Inc | | Corporate Fixed Income | 01/15/05 | 7.75% | | 197,725 | | 197,478 |
| | Lehman Brothers Hldgs Inc | | Corporate Fixed Income | 05/15/06 | 6.25% | | 187,290 | | 196,801 |
| | Lockheed Martin | | Corporate Fixed Income | 05/01/36 | 7.20% | | 168,912 | | 184,524 |
S-4
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | | |
| | MBNA Master Cr Card Tr Ii | | Corporate Fixed Income | 12/15/06 | 6.35% | | 263,711 | | 267,499 |
| | Metlife Inc | | Corporate Fixed Income | 12/01/11 | 6.13% | | 45,188 | | 48,571 |
| | Morgan Stanley | | Corporate Fixed Income | 04/01/07 | 5.80% | | 80,804 | | 81,356 |
| | Morgan Stanley Cap I Inc | | Corporate Fixed Income | 11/15/30 | 6.48% | | 204,977 | | 213,312 |
| | Morgan Stanley Co | | Corporate Fixed Income | 04/15/06 | 6.10% | | 52,882 | | 54,468 |
| | Morgan Stanley Co | | Corporate Fixed Income | 04/15/11 | 6.75% | | 137,344 | | 150,021 |
| | Mortgage Cap Fdg Inc | | Corporate Fixed Income | 06/18/30 | 6.42% | | 238,280 | | 251,556 |
| | Northrop Grumman Corp | | Corporate Fixed Income | 02/15/11 | 7.13% | | 57,709 | | 62,512 |
| | Progress Energy Inc | | Corporate Fixed Income | 04/15/12 | 6.85% | | 51,369 | | 54,749 |
| | Progress Energy Inc | | Corporate Fixed Income | 10/30/08 | 5.85% | | 29,088 | | 31,761 |
| | Progress Energy Inc | | Corporate Fixed Income | 03/01/31 | 7.75% | | 94,555 | | 113,653 |
| | Progress Energy Inc | | Corporate Fixed Income | 03/01/06 | 6.75% | | 166,194 | | 171,851 |
| | Progressive Corp Ohio | | Corporate Fixed Income | 10/01/13 | 7.00% | | 85,308 | | 85,941 |
| | Qwest Cap Fdg Inc | | Corporate Fixed Income | 08/03/09 | 7.00% | | 76,475 | | 60,800 |
| | Raytheon Co | | Corporate Fixed Income | 11/15/07 | 4.50% | | 39,991 | | 40,644 |
| | SBC Communications Inc | | Corporate Fixed Income | 02/01/12 | 5.88% | | 24,931 | | 27,002 |
| | SBC Communications Inc | | Corporate Fixed Income | 03/15/11 | 6.25% | | 27,135 | | 27,561 |
| | Sears Roebuck Accep Corp | | Corporate Fixed Income | 06/01/32 | 7.00% | | 86,122 | | 79,638 |
| | Sears Roebuck Accep Corp | | Corporate Fixed Income | 04/15/12 | 6.70% | | 144,354 | | 147,129 |
| | Sears Roebuck Acceptance | | Corporate Fixed Income | 05/01/09 | 6.25% | | 22,500 | | 23,963 |
| | Slm Student Ln Tr | | Corporate Fixed Income | 10/25/10 | 1.58% | | 287,674 | | 286,971 |
| | Slm Student Ln Tr | | Corporate Fixed Income | 04/25/10 | 3.74% | | 236,852 | | 236,892 |
| | Tennessee Gas Pipeline Co | | Corporate Fixed Income | 06/15/32 | 8.38% | | 51,276 | | 43,500 |
| | Texas Eastn Transmission Corp | | Corporate Fixed Income | 07/15/32 | 7.00% | | 71,544 | | 78,473 |
| | Time Warner Inc | | Corporate Fixed Income | 02/01/24 | 7.57% | | 176,154 | | 215,703 |
| | Time Warner Inc Deb | | Corporate Fixed Income | 01/15/13 | 9.13% | | 76,275 | | 105,559 |
| | Turner Broadcasting Sys Inc Sr Nt | | Corporate Fixed Income | 07/01/13 | 8.38% | | 47,500 | | 56,333 |
| | Tyco Intl Group S A | | Corporate Fixed Income | 08/01/06 | 5.80% | | 43,000 | | 47,250 |
| | Tyco Intl Group Sa | | Corporate Fixed Income | 10/15/11 | 6.38% | | 51,300 | | 56,100 |
| | Tyco Intl Grp Sa | | Corporate Fixed Income | 06/15/05 | 6.38% | | 78,300 | | 82,450 |
| | Tycointl Gr Sa6.375 15Feb2006 | | Corporate Fixed Income | 02/15/06 | 6.38% | | 26,625 | | 29,100 |
| | U S Bancorp M/T/N | | Corporate Fixed Income | 08/23/07 | 3.95% | | 124,773 | | 127,800 |
| | Unilever Cap Corp | | Corporate Fixed Income | 11/15/32 | 5.90% | | 79,610 | | 81,834 |
| | Verizon Global Fdg Corp | | Corporate Fixed Income | 06/15/32 | 7.75% | | 68,635 | | 82,053 |
| | Verizon Md Inc | | Corporate Fixed Income | 03/01/12 | 6.13% | | 52,901 | | 54,064 |
| | Verizon Pennsylvania | | Corporate Fixed Income | 11/15/11 | 5.65% | | 236,720 | | 272,602 |
| | Virginia Elec & Pwr Co | | Corporate Fixed Income | 03/31/06 | 5.75% | | 104,221 | | 107,425 |
| | Vodafone Airtouch Plc | | Corporate Fixed Income | 02/15/30 | 7.88% | | 32,299 | | 36,155 |
| | Wellpoint Health Networks Inc | | Corporate Fixed Income | 06/15/06 | 6.38% | | 61,936 | | 65,455 |
| | Wells Fargo Mtg Backed Secs | | Corporate Fixed Income | 12/25/16 | 6.00% | | 332,132 | | 334,364 |
| | Weyerhaeuser Co | | Corporate Fixed Income | 12/15/09 | 5.25% | | 99,360 | | 101,115 |
| | Weyerhaeuser Co | | Corporate Fixed Income | 03/15/12 | 6.75% | | 184,777 | | 196,261 |
| | Weyerhaeuser Co | | Corporate Fixed Income | 03/15/32 | 7.38% | | 75,598 | | 81,340 |
S-5
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Future T-Note 10Yr Cbot 100,000Usd/Cbot | Financial Futures | 03/20/03 | | | - | | - |
| | Future T-Note 5Yr 100,000Usd/Cbot | | Financial Futures | 03/22/03 | | | - | | - |
| | Future U S T-Bond 100,000Usd/Cbot | | Financial Futures | 03/22/03 | | | - | | - |
| | Federal Home Ln Mtg Corp | | Gov't Assets And Mortg. Backed | 08/15/07 | 6.50% | | 657,478 | | 659,763 |
| | Federal Natl Mtg Assn Gtd Remic | | Gov't Assets And Mortg. Backed | 02/25/32 | 3.31% | | 760,344 | | 826,251 |
| | Federal Nat'l Mtge Assn Pool # 44175 | Gov't Assets And Mortg. Backed | 11/01/03 | 6.00% | | 566 | | 570 |
| | Federal Nat'l Mtge Assn Pool # 57375 | Gov't Assets And Mortg. Backed | 04/01/09 | 7.25% | | 229,009 | | 229,746 |
| | Federal Nat'l Mtge Assn Pool # 86643 | Gov't Assets And Mortg. Backed | 06/01/29 | 5.22% | | 12,863 | | 13,443 |
| | Federal Nat'l Mtge Assn Pool # 251904 | Gov't Assets And Mortg. Backed | 08/01/08 | 6.00% | | 498,421 | | 541,699 |
| | Federal Nat'l Mtge Assn Pool # 252317 | Gov't Assets And Mortg. Backed | 02/01/09 | 5.50% | | 827,134 | | 875,725 |
| | Federal Nat'l Mtge Assn Pool # 303567 | Gov't Assets And Mortg. Backed | 07/01/09 | 5.50% | | 810,387 | | 857,589 |
| | Federal Nat'l Mtge Assn Pool # 313179 | Gov't Assets And Mortg. Backed | 09/01/11 | 6.00% | | 2,113,590 | | 2,180,889 |
| | Federal Nat'l Mtge Assn Pool # 313829 | Gov't Assets And Mortg. Backed | 01/01/11 | 6.50% | | 749,204 | | 822,385 |
| | Federal Nat'l Mtge Assn Pool # 323362 | Gov't Assets And Mortg. Backed | 11/01/28 | 6.00% | | 54,580 | | 57,803 |
| | Federal Nat'l Mtge Assn Pool # 323395 | Gov't Assets And Mortg. Backed | 05/01/13 | 6.00% | | 563,679 | | 585,257 |
| | Federal Nat'l Mtge Assn Pool # 323952 | Gov't Assets And Mortg. Backed | 07/01/09 | 6.00% | | 1,230,225 | | 1,337,259 |
| | Federal Nat'l Mtge Assn Pool # 537950 | Gov't Assets And Mortg. Backed | 02/01/24 | 4.50% | | 1,075,386 | | 1,087,557 |
| | Federal Nat'l Mtge Assn Pool # 542141 | Gov't Assets And Mortg. Backed | 08/01/22 | 4.52% | | 561,174 | | 563,224 |
| | Federal Nat'l Mtge Assn Pool # 545036 | Gov't Assets And Mortg. Backed | 12/01/10 | 6.00% | | 675,792 | | 697,741 |
| | Federal Nat'l Mtge Assn Pool # 545142 | Gov't Assets And Mortg. Backed | 11/01/10 | 6.00% | | 1,270,504 | | 1,319,570 |
| | Federal Nat'l Mtge Assn Pool # 545828 | Gov't Assets And Mortg. Backed | 12/01/14 | 6.00% | | 1,281,274 | | 1,303,527 |
| | Federal Nat'l Mtge Assn Pool # 0323331 | Gov't Assets And Mortg. Backed | 11/01/08 | 6.50% | | 978,318 | | 1,022,210 |
| | FHLMC Corp Grp # 775626 | Gov't Assets And Mortg. Backed | 09/01/23 | 5.20% | | 780,249 | | 803,274 |
| | FHLMC Corp Grp # E65216 | Gov't Assets And Mortg. Backed | 07/01/10 | 6.00% | | 1,087,860 | | 1,131,110 |
| | FHLMC Corp Grp # E65283 | Gov't Assets And Mortg. Backed | 06/01/09 | 6.00% | | 484,273 | | 503,585 |
| | FHLMC Corp Grp # 788612 | Gov't Assets And Mortg. Backed | 03/01/31 | 7.31% | | 291,573 | | 299,365 |
| | FHLMC Corp Grp # E00247 | Gov't Assets And Mortg. Backed | 10/01/08 | 5.50% | | 818,947 | | 864,278 |
| | FHLMC Corp Grp # E00564 | Gov't Assets And Mortg. Backed | 07/01/13 | 5.50% | | 1,024,762 | | 1,077,728 |
| | FHLMC Corp Grp # E00565 | Gov't Assets And Mortg. Backed | 08/01/13 | 6.00% | | 1,023,225 | | 1,064,934 |
| | FHLMC Corp Grp # E20193 | Gov't Assets And Mortg. Backed | 09/01/10 | 6.50% | | 167,766 | | 175,223 |
| | FHLMC Corp Grp # E71201 | Gov't Assets And Mortg. Backed | 07/01/13 | 5.50% | | 165,939 | | 174,516 |
| | FHLMC Corp Grp # E84812 | Gov't Assets And Mortg. Backed | 02/01/09 | 6.00% | | 846,351 | | 874,549 |
| | Gov't Nat'l Mgt Assn Pool# 412330 | | Government Assets And Mortgage Backed | 09/15/12 | 7.00% | | 237,908 | | 253,903 |
| | Gov't Nat'l Mtge Assn Pool # 326849 | Gov't Assets And Mortg. Backed | 12/15/07 | 7.00% | | 11,304 | | 12,039 |
| | Gov't Nat'l Mtge Assn Pool # 331394 | Gov't Assets And Mortg. Backed | 12/15/07 | 7.00% | | 171,945 | | 183,121 |
| | Gov't Nat'l Mtge Assn Pool # 335037 | Gov't Assets And Mortg. Backed | 10/15/07 | 7.00% | | 40,490 | | 43,122 |
| | Gov't Nat'l Mtge Assn Pool # 335606 | Gov't Assets And Mortg. Backed | 12/15/07 | 7.00% | | 190,813 | | 203,561 |
| | Gov't Nat'l Mtge Assn Pool # 345352 | Gov't Assets And Mortg. Backed | 09/15/08 | 7.00% | | 91,401 | | 97,601 |
| | Gov't Nat'l Mtge Assn Pool # 346815 | Gov't Assets And Mortg. Backed | 10/15/08 | 7.00% | | 184,672 | | 197,253 |
| | Gov't Nat'l Mtge Assn Pool # 359290 | Gov't Assets And Mortg. Backed | 09/15/08 | 7.00% | | 133,704 | | 142,815 |
| | Gov't Nat'l Mtge Assn Pool # 363744 | Gov't Assets And Mortg. Backed | 09/15/08 | 7.00% | | 195,145 | | 208,875 |
| | Gov't Nat'l Mtge Assn Pool # 368788 | Gov't Assets And Mortg. Backed | 10/15/08 | 7.00% | | 26,510 | | 28,317 |
S-6
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Gov't Nat'l Mtge Assn Pool # 780487 | Gov't Assets And Mortg. Backed | 04/15/06 | 7.25% | | 176,680 | | 177,498 |
| | Gov't Nat'l Mtge Assn Pool # 780985 | Gov't Assets And Mortg. Backed | 12/15/08 | 6.00% | | 490,780 | | 541,626 |
| | Gov't Nat'l Mtge Assn Pool # 781284 | Gov't Assets And Mortg. Backed | 02/15/11 | 6.00% | | 679,620 | | 719,671 |
| | Slm Student Ln Tr | | Gov't Assets And Mortgage Backed | 07/25/06 | 2.41% | | 352,199 | | 351,678 |
| | Federal Natl Mtg Assn Remic Tr | | Gov't Assets And Mortgage Backed | 12/25/08 | 6.00% | | 417,594 | | 422,065 |
| | Federal Nat'l Mtge Assn Pool # 323784 | Gov't Assets And Mortg. Backed | 05/01/09 | 5.99% | | 235,291 | | 249,233 |
| | Federal Nat'l Mtge Assn Pool # 385538 | Gov't Assets And Mortg. Backed | 11/01/12 | 4.79% | | 225,035 | | 234,605 |
| | Federal Nat'l Mtge Assn Pool # 575493 | Gov't Assets And Mortg. Backed | 04/01/17 | 5.50% | | 39,365 | | 45,319 |
| | Federal Nat'l Mtge Assn Pool # 589084 | Gov't Assets And Mortg. Backed | 09/01/31 | 6.50% | | 883,810 | | 893,027 |
| | Federal Nat'l Mtge Assn Pool# 583058 | | Gov't Assets And Mortg. Backed | 05/01/16 | 6.00% | | 805,196 | | 831,976 |
| | FHLMC Corp Grp # C49499 | Gov't Assets And Mortg. Backed | 04/01/31 | 6.50% | | 52,788 | | 53,263 |
| | FHLMC Corp Grp # C63679 | Gov't Assets And Mortg. Backed | 02/01/32 | 6.00% | | 192,643 | | 195,872 |
| | FHLMC Corp Grp # E88292 | Gov't Assets And Mortg. Backed | 03/01/17 | 6.00% | | 90,286 | | 90,915 |
| | FHLMC Corp Grp # E88791 | Gov't Assets And Mortg. Backed | 03/01/17 | 6.00% | | 26,182 | | 26,964 |
| | FHLMC Corp Grp # E88978 | Gov't Assets And Mortg. Backed | 04/01/17 | 5.50% | | 304,832 | | 308,438 |
| | FHLMC Corp Grp # E88993 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 645,291 | | 649,787 |
| | FHLMC Corp Grp # E89206 | Gov't Assets And Mortg. Backed | 03/01/17 | 6.00% | | 92,795 | | 95,568 |
| | FHLMC Corp Grp # E89704 | Gov't Assets And Mortg. Backed | 05/01/17 | 6.00% | | 119,036 | | 122,594 |
| | FHLMC Corp Grp # E89931 | Gov't Assets And Mortg. Backed | 05/01/17 | 6.00% | | 671,367 | | 676,045 |
| | FHLMC Corp Grp # E91860 | Gov't Assets And Mortg. Backed | 10/01/17 | 5.50% | | 708,761 | | 717,145 |
| | FHLMC Corp Grp # C01172 | Gov't Assets And Mortg. Backed | 05/01/31 | 6.50% | | 451,934 | | 456,007 |
| | FHLMC Corp Grp # E01049 | Gov't Assets And Mortg. Backed | 09/01/16 | 6.00% | | 64,497 | | 64,984 |
| | FHLMC Corp Grp # E01139 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 88,155 | | 90,789 |
| | FHLMC Corp Grp # E88959 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 87,777 | | 90,452 |
| | FHLMC Corp Grp # E89092 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 228,238 | | 229,828 |
| | FHLMC Corp Grp # E89309 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 657,269 | | 676,912 |
| | FHLMC Corp Grp # E89310 | Gov't Assets And Mortg. Backed | 04/01/17 | 6.00% | | 615,472 | | 633,866 |
| | FHLMC Corp Grp # E89777 | Gov't Assets And Mortg. Backed | 05/01/17 | 6.00% | | 254,759 | | 262,595 |
| | FHLMC Corp Grp # E89881 | Gov't Assets And Mortg. Backed | 05/01/17 | 6.00% | | 260,029 | | 261,841 |
| | FHLMC Corp Grp # E90227 | Gov't Assets And Mortg. Backed | 06/01/17 | 6.00% | | 261,708 | | 267,657 |
| | FHLMC Corp Grp # E90818 | Gov't Assets And Mortg. Backed | 08/01/17 | 5.50% | | 465,667 | | 477,054 |
| | FHLMC Corp Grp # E91030 | Gov't Assets And Mortg. Backed | 08/01/17 | 6.00% | | 481,686 | | 491,958 |
| | FNMA TBA 15Yr Sfm 05.00% Jan | | Gov't Assets And Mortgage Backed | 01/01/17 | | | 303,188 | | 307,218 |
| | FNMA TBA 15Yr Sfm 05.50% Jan | | Gov't Assets And Mortgage Backed | 01/01/16 | | | 102,719 | | 103,594 |
| | FNMA TBA 15Yr Sfm 06.00% Jan | | Gov't Assets And Mortgage Backed | 01/01/16 | | | 3,124,453 | | 3,135,000 |
| | FNMA TBA 30Yr Sfm 06.00% Jan | | Gov't Assets And Mortgage Backed | 01/01/33 | | | 922,500 | | 930,096 |
| | FNMA TBA 30Yr Sfm 06.50% Jan | | Gov't Assets And Mortgage Backed | 01/01/32 | | | 4,231,672 | | 4,267,854 |
| | FNMA TBA 30Yr Sfm 07.00% Jan | | Gov't Assets And Mortgage Backed | 01/01/33 | | | 313,031 | | 315,468 |
| | Gov't Nat'l Mtge Assn Pool # 499416 | Gov't Assets And Mortg. Backed | 02/15/29 | 6.00% | | 29,339 | | 29,745 |
| | Gov't Nat'l Mtge Assn Pool # 582386 | Gov't Assets And Mortg. Backed | 10/15/32 | 6.00% | | 1,448,634 | | 1,466,228 |
| | Gov't Nat'l Mtge Assn Pool # 585333 | Gov't Assets And Mortg. Backed | 10/15/32 | 6.00% | | 26,999 | | 27,327 |
| | Gov't Nat'l Mtge Assn Pool # 589206 | Gov't Assets And Mortg. Backed | 10/15/32 | 6.00% | | 30,922 | | 31,297 |
| | Gov't Nat'l Mtge Assn Pool # 597719 | Gov't Assets And Mortg. Backed | 10/15/32 | 6.00% | | 970,323 | | 982,108 |
S-7
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Gov't Nat'l Mtge Assn Pool # 599742 | Gov't Assets And Mortg. Backed | 10/15/32 | 6.00% | | 34,134 | | 34,548 |
| | Student Loan Mtg Assoc | | Gov't Assets And Mortgage Backed | 01/25/07 | 1.87% | | 141,770 | | 141,467 |
| | European Invt Bank | | Government Fixed Income | 02/03/05 | 5.63% | | 1,954,701 | | 2,044,780 |
| | Federal Home Ln Mtg Corp | | Government Fixed Income | 01/15/06 | 5.25% | | 880,777 | | 896,156 |
| | Federal Home Ln Mtg Corp Deb | | Government Fixed Income | 03/22/06 | | | 1,760,391 | | 1,799,219 |
| | Federal Natl Mtg Assn | | Government Fixed Income | 02/15/06 | 5.50% | | 2,114,227 | | 2,132,813 |
| | Federal Natl Mtg Assn | | Government Fixed Income | 01/15/07 | 5.00% | | 5,184,851 | | 5,230,602 |
| | Federal Natl Mtg Assn | | Government Fixed Income | 03/22/07 | 5.25% | | 2,522,000 | | 2,538,672 |
| | Federal Natl Mtg Assn M/T/N | | Government Fixed Income | 05/03/05 | 4.45% | | 1,500,000 | | 1,560,469 |
| | Federal Natl Mtg Assn M/T/N | | Government Fixed Income | 08/27/04 | 3.70% | | 1,304,063 | | 1,304,469 |
| | Federal Natl Mtge Assn M/T/N | | Government Fixed Income | 07/15/04 | 3.15% | | 1,824,088 | | 1,842,680 |
| | U S Treas Nts | | Government Fixed Income | 05/15/07 | 4.38% | | 2,496,741 | | 2,496,469 |
| | U S Treas Nts | | Government Fixed Income | 06/30/04 | 2.88% | | 503,789 | | 511,094 |
| | U S Treasury Bonds | | Government Fixed Income | 11/15/09 | 10.38% | | 1,976,117 | | 1,969,344 |
| | U S Treasury Notes | | Government Fixed Income | 02/29/04 | 3.00% | | 50,955 | | 51,000 |
| | U S Treasury Notes | | Government Fixed Income | 08/15/09 | 6.00% | | 333,500 | | 337,216 |
| | U S Treasury Nts | | Government Fixed Income | 04/30/04 | 3.38% | | 5,041,493 | | 5,084,578 |
| | U S Treasury Nts | | Government Fixed Income | 11/30/04 | 2.00% | | 12,824,538 | | 12,918,084 |
| | United States Treas Nts | | Government Fixed Income | 05/31/04 | 3.25% | | 16,697,415 | | 16,727,836 |
| | United States Treas Nts | | Government Fixed Income | 11/15/04 | 5.88% | | 5,990,316 | | 6,037,200 |
| | United States Treas Nts | | Government Fixed Income | 01/31/04 | 3.00% | | 3,015,099 | | 3,081,719 |
| | United States Treas Nts | | Government Fixed Income | 05/15/05 | 6.75% | | 13,038,861 | | 13,307,525 |
| | United States Treas Nts | | Government Fixed Income | 11/15/05 | 5.75% | | 82,840 | | 82,898 |
| | Canadian Natl Ry Co | | Government Fixed Income | 10/15/31 | 7.38% | | 113,587 | | 121,288 |
| | Federal Home Ln Mtg Corp | | Government Fixed Income | 03/15/07 | 4.88% | | 535,870 | | 540,313 |
| | Federal Home Ln Mtg Corp | | Government Fixed Income | 10/11/12 | 4.75% | | 297,846 | | 303,094 |
| | Federal Home Ln Mtg Corp | | Government Fixed Income | 07/23/07 | 4.50% | | 256,958 | | 260,156 |
| | Federal Home Ln Mtg Corp | | Government Fixed Income | 07/15/06 | 5.50% | | 507,138 | | 511,209 |
| | Federal Natl Mtg Assn | | Government Fixed Income | 05/15/11 | 6.00% | | 1,073,268 | | 1,096,403 |
| | Federal Natl Mtg Assn | | Government Fixed Income | 01/15/07 | 5.00% | | 399,486 | | 406,523 |
| | HSBC Holdings Plc Nt | | Government Fixed Income | 12/12/12 | 5.25% | | 49,870 | | 51,249 |
| | Resolution Fdg Corp Fed Book | | Government Fixed Income | 10/15/18 | | | 27,176 | | 32,040 |
| | Resolution Fdg Corp Fed Book | | Government Fixed Income | 07/15/18 | | | 27,622 | | 32,606 |
| | U S Treas Nts | | Government Fixed Income | 11/15/07 | 3.00% | | 59,813 | | 60,731 |
| | U S Treasury Bonds | | Government Fixed Income | 08/15/26 | 6.75% | | 929,880 | | 969,719 |
| | U S Treasury Bonds | | Government Fixed Income | 08/15/19 | 8.13% | | 1,343,977 | | 1,441,561 |
| | U S Treasury Bonds | | Government Fixed Income | 02/15/16 | 9.25% | | 210,180 | | 215,189 |
| | U S Treasury Bonds | | Government Fixed Income | 11/15/21 | 8.00% | | 2,381,120 | | 2,445,483 |
| | U S Treasury Bonds | | Government Fixed Income | 02/15/20 | 8.50% | | 2,348,765 | | 2,378,578 |
| | U S Treasury Notes | | Government Fixed Income | 02/29/04 | 3.00% | | 407,641 | | 408,000 |
| | U S Treasury Notes | | Government Fixed Income | 08/15/09 | 6.00% | | 488,850 | | 494,195 |
| | U S Treasury Notes | | Government Fixed Income | 02/15/10 | 6.50% | | 1,363,970 | | 1,386,563 |
| | U S Treasury Stripped | | Government Fixed Income | 11/15/21 | | | 715,429 | | 827,544 |
S-8
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | (d) Cost
| | (e) Current Value |
| | | | | | | | | | |
| | | | | | | | | | |
| | United Mexican Sts M/T/N | | Government Fixed Income | 01/14/11 | 8.38% | | 382,282 | | 406,800 |
| | United Mexican Sts Medium Term | | Government Fixed Income | 09/24/22 | 8.00% | | 97,248 | | 103,500 |
| | United States Treas Nts | | Government Fixed Income | 11/15/12 | 4.00% | | 477,956 | | 476,609 |
| | California St Dept Wtr Res Pwr Supply | | Government Fixed Income | 05/01/04 | 3.59% | | 525,000 | | 528,927 |
| | California St Dept Wtr Res Pwr | | Government Fixed Income | 05/01/05 | 3.98% | | 99,989 | | 101,358 |
| | Amresco Independence Fdg Inc | | Other Fixed Income | 06/15/26 | | | 1,033,932 | | 1,032,461 |
| | Bayview Finl Acquisition Tr 144A *Pp* | Other Fixed Income | 05/25/29 | 7.01% | | 583,026 | | 591,932 |
| | Business Ln Ctr Inc V/R Restr | | Other Fixed Income | 01/15/25 | | | 816,567 | | 932,999 |
| | FMAC Ln Receivables Tr *Pp* | | Other Fixed Income | 11/15/04 | 5.99% | | 431,230 | | 439,642 |
| | Gs Mtg Secs Corp | | Other Fixed Income | 03/20/23 | 1.75% | | 644,324 | | 638,122 |
| | Pbg Equip Tr 144A | | Other Fixed Income | 01/20/12 | 6.27% | | 855,659 | | 900,348 |
| | Ryder Veh Lease Tr *Pp* | | Other Fixed Income | 09/15/08 | 6.10% | | 154,963 | | 155,455 |
| | ASIF Global Fing XVIII | | Other Fixed Income | 11/26/07 | 3.85% | | 199,640 | | 205,058 |
| | Barclays Bk Plc | | Other Fixed Income | 06/15/11 | 8.55% | | 156,470 | | 164,793 |
| | Barclays Bk Plc V/R *Pp* | | Other Fixed Income | 06/15/32 | 6.86% | | 114,591 | | 117,818 |
| | Conocophillips | | Other Fixed Income | 10/15/32 | 5.90% | | 48,963 | | 49,716 |
| | Oncor Elec Delivery Co *Pp* | | Other Fixed Income | 09/01/22 | 7.00% | | 19,932 | | 18,648 |
| | Oncor Elec Delivery Co *Pp* | | Other Fixed Income | 01/15/15 | 6.38% | | 14,878 | | 15,308 |
| | Oncor Elec Delivery Co *Pp* | | Other Fixed Income | 01/15/33 | 7.25% | | 73,928 | | 76,379 |
| | Oncor Elec Delivery Co Restr *Pp* | | Other Fixed Income | 05/01/32 | 7.00% | | 43,568 | | 49,987 |
| | | | | Bonds and debentures | 211,414,740 | | 215,919,928 |
| | | | | | | | | | |
| | Svenska Cellulosa Ser B Sek10Ser 'B' Swkr10 Free | International Equity - Common Stock | | | 132,079 | | 138,684 |
| | Autoliv Inc USD1 Sswedish Depositary Receipts | International Equity - Common Stock | | | 60,654 | | 57,566 |
| | Royal Dutch Petrol EUR 0.56Ord Nlg1.25 | International Equity - Common Stock | | | 122,542 | | 132,084 |
| | Heidelbergcement AGord Dem | | International Equity - Common Stock | | | 147,631 | | 136,304 |
| | Basf AG Npv | | International Equity - Common Stock | | | 144,191 | | 115,664 |
| | Stora Enso Oy Shs Npv Com Stkser R Ord Fim10 | International Equity - Common Stock | | | 96,165 | | 68,785 |
| | Upm-Kymmene Corp Npvfim10 | | International Equity - Common Stock | | | 46,849 | | 39,049 |
| | Rwe AG (Neu) Npv 'A' | | International Equity - Common Stock | | | 23,198 | | 22,821 |
| | Total Fina Elf SA EUR 10.0Frf50 | | International Equity - Common Stock | | | 310,496 | | 299,969 |
| | Abn Amro Bank N V EUR 0.56Ord Nlg1.25 | International Equity - Common Stock | | | 48,944 | | 49,055 |
| | E On AG Npv | | International Equity - Common Stock | | | 287,440 | | 227,450 |
| | Volkswagen AG Ord Npv | | International Equity - Common Stock | | | 304,928 | | 210,957 |
| | Voest-Alpine AG | | International Equity - Common Stock | | | 53,477 | | 41,456 |
| | Holmen Ab Shs B Sek 50.Ser B Ord Sek50 | International Equity - Common Stock | | | 63,416 | | 58,370 |
| | Bbva(Bilb-Viz-Arg) EUR0.49EUR0.54 | | International Equity - Common Stock | | | 73,553 | | 58,388 |
| | Dutch State Mines EUR3 | | International Equity - Common Stock | | | 411,982 | | 400,655 |
| | Telefonica SA EUR 1.0Stock Split | | International Equity - Common Stock | | | 276,249 | | 251,420 |
S-9
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Siemens AG Npv(Regd)(Registered) | | International Equity - Common Stock | | | 308,220 | | 208,911 |
| | Banco SAntander Cent Hisp EUR 0.5EUR0.5 | International Equity - Common Stock | | | 122,442 | | 128,455 |
| | Grupo Dragados SA EUR 1.0EUR | | International Equity - Common Stock | | | 92,396 | | 95,214 |
| | Amb Generali Hldg AG Rfdbete Br Dem5 | International Equity - Common Stock | | | 187,613 | | 124,342 |
| | Banca Nazionale Del Lavoro EUR 0.5Lavoro Itl1000 | International Equity - Common Stock | | | 29,695 | | 29,896 |
| | Koninklijke Ahold Nv EUR 0.25Nv EUR0.25 | International Equity - Common Stock | | | 44,624 | | 41,908 |
| | Delhaize Groupet Cie (Le Lion) SA Npv | International Equity - Common Stock | | | 150,716 | | 61,373 |
| | Electrolux Ab Sek 5.0 Ser'B'Ser B Sek5 | | International Equity - Common Stock | | | 257,218 | | 212,393 |
| | Merck Kgaa Dem Npv | | International Equity - Common Stock | | | 33,059 | | 43,999 |
| | Telecom Italia EUR 0.55Ordinary Shares Itl | International Equity - Common Stock | | | 215,554 | | 208,674 |
| | Altana Ind Aktien U.Anl AG Npvdem | | International Equity - Common Stock | | | 99,062 | | 89,903 |
| | Centerpulse AG Chf 30.0Ord Chf | | International Equity - Common Stock | | | 22,569 | | 22,443 |
| | Wolters Kluwer Nv EUR 0.12 | | International Equity - Common Stock | | | 72,178 | | 69,689 |
| | Royal+Sun Alliance Ord GBP0.275 | | International Equity - Common Stock | | | 410,515 | | 186,248 |
| | Italmobiliare Di Risp Itl5000(Nonord Itl5000 | International Equity - Common Stock | | | 31,663 | | 32,722 |
| | Wimpey(George) Ord 25Pord | | International Equity - Common Stock | | | 81,926 | | 83,085 |
| | Lloyds Tsb Group Plc Ord 25Pplc Ord | | International Equity - Common Stock | | | 95,238 | | 63,191 |
| | Corus Group Ord GBP0.50 | | International Equity - Common Stock | | | 49,035 | | 16,716 |
| | Shell Trnspt+Trdg GBP0.25Ord | | International Equity - Common Stock | | | 92,325 | | 96,801 |
| | Cdn Natl Railways Com Npvrailway Co Com | International Equity - Common Stock | | | 94,876 | | 78,504 |
| | Persimmon Ord 10P | | International Equity - Common Stock | | | 10,216 | | 10,288 |
| | Magna Intl Comm Stcl-A Sub Vtg Com Npv | International Equity - Common Stock | | | 107,115 | | 100,590 |
| | Bk Of Nova Scotiascotia Ord | | International Equity - Common Stock | | | 396,146 | | 402,459 |
| | Bce Inc Npv | | International Equity - Common Stock | | | 45,825 | | 45,104 |
| | Brit Amer Tobacco Ord GBP0.25Tobacco Ord | International Equity - Common Stock | | | 150,921 | | 125,878 |
| | Six Continents Ord 28P | | International Equity - Common Stock | | | 237,684 | | 172,156 |
| | Aviva Plc 25Pord | | International Equity - Common Stock | | | 69,350 | | 59,913 |
| | SAfeway GBP0.25Ord | | International Equity - Common Stock | | | 293,502 | | 243,773 |
| | Vodafone USD 0.10Ord USD0.10 | | International Equity - Common Stock | | | 296,025 | | 368,687 |
| | Assurances Generales De France AGffrance Ord Frf30 | International Equity - Common Stock | | | 290,626 | | 220,970 |
| | Metro AG -St Anfecht Npv | | International Equity - Common Stock | | | 80,720 | | 58,396 |
| | Hannover Ruckversinamens-Akt. | | International Equity - Common Stock | | | 115,022 | | 113,350 |
| | Kbc Bankverzekerin Npv | | International Equity - Common Stock | | | 132,979 | | 130,771 |
| | Karstadt AG Npvnpv | | International Equity - Common Stock | | | 36,031 | | 24,402 |
| | Iberdrola SA EUR 3.0Sppt500 | | International Equity - Common Stock | | | 55,941 | | 56,045 |
| | Wolseley Ord 25P | | International Equity - Common Stock | | | 99,017 | | 78,086 |
S-10
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Banca Intesa Spa EUR 0.52Itl1000 | | International Equity - Common Stock | | | 195,707 | | 139,443 |
| | Omv AG Npvomv AG | | International Equity - Common Stock | | | 115,662 | | 128,219 |
| | National Grid Transco 10P | | International Equity - Common Stock | | | 64,768 | | 67,251 |
| | Bt Group Plc GBP 0.05GBP0.05) | | International Equity - Common Stock | | | 128,700 | | 103,920 |
| | Bk Of Ireland EUR 0.64EUR0.64(Elimination Fraction) | International Equity - Common Stock | | | 302,363 | | 284,477 |
| | Whitbread Ord GBP.50 | | International Equity - Common Stock | | | 111,566 | | 112,364 |
| | Royal Bank Canadacom Stk Npv | | International Equity - Common Stock | | | 73,405 | | 73,242 |
| | Nortel Networks Corp Npv | | International Equity - Common Stock | | | 39,790 | | 29,831 |
| | Clp Hldgs Hkd5Ord Hkd | | International Equity - Common Stock | | | 89,412 | | 88,586 |
| | Norske Skogsindust Nok 20.0 | | International Equity - Common Stock | | | 55,089 | | 41,265 |
| | Nippon Telegraph + Telephone Corp | | International Equity - Common Stock | | | 175,116 | | 141,340 |
| | Deutsche Telekom Npv(Regd) | | International Equity - Common Stock | | | 34,557 | | 34,628 |
| | Nomura Holdings Inc JPY 50.0Y50 | | International Equity - Common Stock | | | 161,128 | | 112,010 |
| | Australia + New Zealand Bank.Groupgrp | International Equity - Common Stock | | | 225,095 | | 199,335 |
| | Promise Cojpy50 Shares | | International Equity - Common Stock | | | 277,140 | | 176,780 |
| | SAnkyo Company Ltd JPY 50.0JPY50 | | International Equity - Common Stock | | | 132,040 | | 125,158 |
| | Sumitomo Corp Y50 | | International Equity - Common Stock | | | 112,867 | | 98,281 |
| | Tanabe Seiyaku Co Y50 | | International Equity - Common Stock | | | 90,261 | | 86,936 |
| | Takefuji Corp JPY50Ord JPY50 | | International Equity - Common Stock | | | 286,598 | | 240,885 |
| | Tohoku Electric Power Co Inc Y500Y500 | International Equity - Common Stock | | | 63,794 | | 71,879 |
| | Toyota Motor Corp JPY 50.0Y50 | | International Equity - Common Stock | | | 224,022 | | 225,487 |
| | Nichirei Corp Y50 | | International Equity - Common Stock | | | 62,211 | | 50,367 |
| | Yue Yuen Industrial Hldgsyue Yuen Indl Hk Line | International Equity - Common Stock | | | 78,925 | | 77,865 |
| | Nissan Motor Coord JPY50 | | International Equity - Common Stock | | | 333,804 | | 366,414 |
| | Novartis AG Chf 0.5 | | International Equity - Common Stock | | | 114,264 | | 102,040 |
| | Peugeot SA EUR1 (Rfd 01/01/2001) | | International Equity - Common Stock | | | 411,614 | | 318,123 |
| | Parmalat Finanziana EUR 1.0 | | International Equity - Common Stock | | | 30,206 | | 23,348 |
| | Eni Spa EUR 1.0 | | International Equity - Common Stock | | | 525,235 | | 548,567 |
| | Swiss Reinsurance Chf 0.10 | | International Equity - Common Stock | | | 141,525 | | 91,205 |
| | Arcelor SA (Fr Line) | | International Equity - Common Stock | | | 119,336 | | 110,705 |
| | Arcelor SA | | International Equity - Common Stock | | | 72,850 | | 68,115 |
| | Bnp Paribas EUR 2.0 | | International Equity - Common Stock | | | 469,101 | | 423,837 |
| | Compagnie De St-Gobainnpv EURo | | International Equity - Common Stock | | | 363,422 | | 251,559 |
| | Gjensidige Nor Spb Nok 100Nok | | International Equity - Common Stock | | | 68,386 | | 62,443 |
| | Talisman Energy In Npvinc Com Npv | | International Equity - Common Stock | | | 169,002 | | 136,754 |
| | Uny Co Y50(Regd)(Sicovam)JPY50 | | International Equity - Common Stock | | | 91,059 | | 77,910 |
| | Daiichi Pharm Co JPY50Pharmacuetical | International Equity - Common Stock | | | 135,629 | | 100,383 |
| | Soc Generale EUR 1.25 | | International Equity - Common Stock | | | 347,469 | | 343,671 |
| | Aisin Seiki Co Y50 | | International Equity - Common Stock | | | 83,964 | | 82,276 |
| | Allied Irish Banks Plc EUR 0.32EUR0.32 | International Equity - Common Stock | | | 143,233 | | 167,755 |
| | Westpac Banking Corp Npvord Aud1 | | International Equity - Common Stock | | | 109,847 | | 102,219 |
| | Bridgestone Corp JPY 50.0JPY50 | | International Equity - Common Stock | | | 28,131 | | 24,753 |
S-11
2002
Form 5500, Schedule H, Part IV, Line 4i
Matched Asset Plan
PN 001
Computer Sciences Corporation
EIN 95-2043126
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
(a)
| | (b) Identity of issue, borrower, lessor or similar party | | (c) Description of investment including maturity date rate of interest, collateral, par or maturity value | | | (d) Cost
| | (e) Current Value |
| | | | | | | | | |
| | Bhp Billiton Ltdnpv | | International Equity - Common Stock | | | 99,551 | | 101,180 |
| | Oji Paper Co JPY50Ltd Ord JPY50 | | International Equity - Common Stock | | | 201,716 | | 166,650 |
| | C+S Co Ltd Npvltd Ord Npv | | International Equity - Common Stock | | | 115,533 | | 68,277 |
| | Nippon Meat Packers Incy50 | | International Equity - Common Stock | | | 174,082 | | 198,736 |
| | Daito Trust Const Y50Daito Construction | International Equity - Common Stock | | | 132,560 | | 167,821 |
| | Daiwa House Inds JPY50Y50 | | International Equity - Common Stock | | | 273,353 | | 218,913 |
| | East Japan Railway Y50000Co Ord JPY50 | International Equity - Common Stock | | | 32,295 | | 34,661 |
| | Mitsui Chemicals Inc Ord Shsmitsui Petrochemical Indust | International Equity - Common Stock | | | 77,486 | | 62,301 |
| | Nichicon Corp Y50JPY50 | | International Equity - Common Stock | | | 49,274 | | 42,301 |
| | Canon Incy50 | | International Equity - Common Stock | | | 346,586 | | 337,547 |
| | Mitsui Osk Linesy50 | | International Equity - Common Stock | | | 154,377 | | 138,630 |
| | Futaba Corp Y50JPY50 | | International Equity - Common Stock | | | 78,348 | | 49,937 |
| | Mitsui + Co JPY50 | | International Equity - Common Stock | | | 111,107 | | 102,259 |
| | Mitsubishi Corp | | International Equity - Common Stock | | | 137,474 | | 109,608 |
| | Matsushita Electric Indust JPY 50.0Y50 | International Equity - Common Stock | | | 55,750 | | 39,309 |
| | Kyushu Elec Power Y500Power Ord | International Equity - Common Stock | | | 141,009 | | 143,056 |
| | Kagoshima Bank Y50Kagoshima Bank | International Equity - Common Stock | | | 41,684 | | 45,470 |
| | Honda Motor Coy50 | | International Equity - Common Stock | | | 392,830 | | 339,621 |
| | Hitachi Maxell Y50 | | International Equity - Common Stock | | | 96,193 | | 73,031 |
| | Hitachi Ltd | | International Equity - Common Stock | | | 152,853 | | 99,486 |
| | National Australia Bank Ltdord Aud | | International Equity - Common Stock | | | 65,808 | | 66,161 |
| | Forward JPY/USDT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | (58,139) | | (59,172) |
| | Forward USD/EURT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | 902,655 | | 902,655 |
| | Forward USD/GBPT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | 93,987 | | 93,987 |
| | Forward USD/JPYT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | 2,056,242 | | 2,056,242 |
| | Forward USD/JPYT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | 58,139 | | 58,139 |
| | Forward EUR/USDT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | (902,655) | | (941,305) |
| | Forward GBP/USDT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | (93,987) | | (96,407) |
| | Forward JPY/USDT/D | | Int'l Equity - Forward Contract | 03/19/03 | | | (2,056,242) | | (2,138,631) |
| | | | | International Equity Investments | | 17,300,000 | | 15,006,101 |
| | | | | | | | | | |
| | New England Financial | | Guarantee Investment Contract | 12/31/04 | 7.00% | | 43,279 | | 43,279 |
| | New England Financial | | Guarantee Investment Contract | 12/31/05 | 6.75% | | 165,123 | | 165,123 |
| | | | | | | | | | |
| | | | | | | | | | |
| | | | Guarantee Investment Contracts | | 208,402 | 208,402 |
| | | | | | | | | | |
Total Assets Held for Investment Purposes
| | | | | $1,755,410,323 ========== | $1,291,436,947 ========== |
| | | | | |
* represents party in interest