SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________________
FORM 11-K
(Mark One)
[ X ] ANNUAL REPORT PURSUANT TO SECTION 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the Fiscal Year ended March 30, 1994
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from to
Commission file number 0-10180
______________________
COMPUTER ASSOCIATES SAVINGS HARVEST PLAN
(Full Title of the Plan)
Computer Associates International, Inc.
One Computer Associates Plaza
Islandia, New York 11788-7000
(Name of issuer of the securities held pursuant to the
plan and the address of its principal executive office)
<PAGE>
ITEM 1. Financial Statements and Exhibits.
(a) The financial statements filed herewith consist of the
following:
Report of Independent Auditors............................F-1
Statement of Net Assets Available for Benefits
- March 30, 1994 and 1993...............................F-2
Statement of Changes in Net Assets Available for
Benefits Years Ended March 30, 1994 and 1993..........F-5
Notes to Financial Statements - March 30, 1994............F-7
Item 27a-Schedule of Assets Held For Investment Purposes
as of March 30, 1994.................................F-12
Item 27d-Schedule of Reportable Transactions
as of March 30,1994..................................F-13
(b) The exhibits filed in connection with this Annual
Report are as follows:
Exhibit Number Document
Exhibit 23 (a) Consent of Ernst & Young LLP
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the members of the Plan Committee (who administer the
Computer Associates Savings Harvest Plan) have duly caused this
Annual Report to be signed by the undersigned thereunto duly
authorized.
Computer Associates
Savings Harvest Plan
Date: August 31, 1994 By:/s/Peter Schwartz
Peter Schwartz
Member, Plan Committee
<PAGE>
Financial Statements and Schedules
Computer Associates
Savings Harvest Plan
Years ended March 30, 1994 and 1993
with Report of Independent Auditors
<PAGE>
Computer Associates Savings Harvest Plan
Financial Statements and Schedules
Years ended March 30, 1994 and 1993
<TABLE>
<CAPTION>
CONTENTS
<S> <C>
Report of Independent Auditors F-1
<CAPTION>
Audited Financial Statements
<S> <C>
Statements of Net Assets Available for Benefits F-2
Statements of Changes in Net Assets Available for Benefits F-5
Notes to Financial Statements F-7
<CAPTION>
Schedules
<S> <C>
Item 27a-Schedule of Assets Held for Investment Purposes F-12
Item 27d-Schedule of Reportable Transactions F-13
</TABLE>
<PAGE>
Report of Independent Auditors
Administrative Committee
Computer Associates Savings Harvest Plan
We have audited the accompanying statements of net assets
available for benefits of Computer Associates Savings
Harvest Plan as of March 30, 1994 and 1993, 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 generally
accepted auditing standards. 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, the financial statements referred to above
present fairly, in all material respects, the net assets
available for benefits of the Computer Associates Savings
Harvest Plan at March 30, 1994 and 1993, and the changes in
its net assets available for benefits for the years then
ended, in conformity with generally accepted accounting
principles.
Our audits were made for the purpose of forming an opinion
on the financial statements taken as a whole. The
accompanying supplemental schedules 27a-schedule of assets
held for investment purposes as of March 30, 1994 and
27d-schedule of reportable transactions for the year ended
March 30, 1994, are presented for purposes of complying with
the Department of Labor's Rules and Regulations for
Reporting and Disclosure under the Employee Retirement
Income Security Act of 1974, and are not a required part of
the financial statements. The supplemental schedules have
been subjected to the auditing procedures applied in our
audit of the 1994 financial statements and, in our opinion,
are fairly stated in all material respects in relation to
the 1994 financial statements taken as a whole.
Ernst & Young LLP
July 15, 1994
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Statement of Net Assets Available for Benefits
March 30, 1994
<CAPTION>
U.S. Equity
Intermediate Index Magellan
Total Bond Fund Puritan Fund Portfolio Fund
-------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Assets
Investments, at fair value $144,530,503 $21,144,591 $36,551,244 $12,880,666 $17,161,563
Loans receivable from employees 6,179,393
Contributions receivable:
Computer Associates International,
Inc. 13,287,584 43,112 12,208 2,928 12,325
-------------------------------------------------------------------------
Total assets 163,997,480 21,187,703 36,563,452 12,883,594 17,173,888
Liabilities
Distributions payable 1,079,807 241,284 356,022 161,222 88,157
-------------------------------------------------------------------------
Total liabilities 1,079,807 241,284 356,022 161,222 88,157
Net assets available -------------------------------------------------------------------------
for benefits $162,917,673 $20,946,419 $36,207,430 $12,722,372 $17,085,731
=========================================================================
Growth and Computer Retirement
Income Associates Money Market Participant
Portfolio Stock Fund Portfolio Loans Fund
-----------------------------------------------------------
<S> <C> <C> <C> <C>
Assets
Investments, at fair value $ 8,667,371 $36,092,757 $12,032,311
Loans receivable form employees $6,179,393
Contributions receivable:
Computer Associates International,
Inc. 15,232 13,201,779
-----------------------------------------------------------
Total assets 8,682,603 49,294,536 12,032,311 6,179,393
Liabilities
Distributions payable 58,913 126,056 48,153
-----------------------------------------------------------
Total liabilities 58,913 126,056 48,153
Net assets available -----------------------------------------------------------
for benefits $ 8,623,690 $49,168,480 $11,984,158 $6,179,393
===========================================================
<FN>
See accompanying notes.
</TABLE>
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Statement of Net Assets Available for Benefits
March 30, 1993
<CAPTION>
Computer
Investment Associates Money
Contract Equity Balanced Stock Market Participant
Total Fund Fund Fund Fund Fund Loans Fund
----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Assets
Investments, at fair value:
Mellon Bank, N.A.:EB Stock
Fund(cost of $13,653,252 and
$16,363,284, respectively) $ 37,516,080 $16,560,234 $20,955,846
EB Temporary Investment Fund
(cost of $5,992,392, $867,161,
$1,404,058, $469,530, and
$196,886, respectively) 8,930,027 $5,992,392 867,161 1,404,058 $ 469,530 $ 196,886
EB Intermediate Bond Fund
(cost of $24,409,630 and
$8,378,847,respectively) 33,769,161 24,898,016 8,871,145
GIC Fund Eight (cost of
$2,466,994) 2,466,994 2,466,994
EB Special Stock Fund
(cost of $1,482,497) 1,875,245 1,875,245
EB Temporary Investment
Treasury Fund (cost of
$7,753,551) 7,753,551 $7,753,551
Computer Associates
International, Inc.
Common Stock (946,323 shares
at a cost of $11,843,580) 22,593,462 22,593,462
Loans receivable from employees 2,670,696 2,670,696
Cash 9,765 9,765
Contributions receivable:
Computer Associates
International, Inc. 12,045,813 166,599 924,005 1,561,470 9,393,739
Accrued investment income 322,160 170,041 45,018 104,853 86 2,126 36
----------------------------------------------------------------------------------------------
Total assets 129,952,954 33,703,807 20,271,663 32,897,372 32,456,817 7,755,677 2,867,618
</TABLE>
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Statement of Net Assets Available for Benefits (continued)
March 30, 1993
<CAPTION>
Computer
Investment Associates Money
Contract Equity Balanced Stock Market Participant
Total Fund Fund Fund Fund Fund Loans Fund
----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Liabilities
Distributions payable 1,487,423 693,938 380,945 321,783 1,130 89,627
----------------------------------------------------------------------------------------------
Total liabilities 1,487,423 693,938 380,945 321,783 1,130 89,627
----------------------------------------------------------------------------------------------
Net assets available
for benefits $128,465,531 $33,009,869 $19,890,718 $32,575,589 $32,455,687 $7,666,050 $2,867,618
==============================================================================================
<FN>
See accompanying notes.
</TABLE>
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Statement of Changes in Net Assets Available for Benefits
Year ended March 30, 1994
<CAPTION>
U.S. Equity Computer Retirement
Intermediate Index Magellan Growth and Associates Money Market Participant
Total Bond Fund Puritan Fund Portfolio Fund Income Fund Stock Fund Portfolio Loans Fund
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Additions
Contributions:
Computer Associates
International, Inc. $ 17,034,607 $ 319,362 $ 443,619 $ 13,714 $1,152,509 $ 990,644 $13,786,516 $ 328,243
Employees 12,840,669 1,726,448 2,913,224 1,318,249 2,344,786 1,737,823 2,030,364 769,775
Income from investments:
Interest and
dividend income 9,090,350 1,933,715 4,737,251 702,288 957,898 378,035 64,245 316,801 $ 117
Net realized and
unrealized appreciation
(depreciation) in fair
value of investments 7,629,882 (681,152) (796,578) (222,089) (586,204) (202,839) 10,118,744
-------------------------------------------------------------------------------------------------------------
Total additions 46,595,508 3,298,373 7,297,516 1,812,162 3,868,989 2,903,663 25,999,869 1,414,819 117
Deductions
Withdrawals and
distributions (11,876,374) (2,321,425) (2,854,882) (1,260,177) (736,056) (323,264) (2,933,516)(1,271,664) (175,390)
Interfund transfers
- -net (13,034,955) (805,406) (7,719,930) 13,953,545 6,044,995 (6,352,615) 4,427,318 3,487,048
Administrative
expenses (266,992) (5,443) (5,387) (401) (747) (1,704) (945) (252,365)
-------------------------------------------------------------------------------------------------------------
Total (deductions)
additions (12,143,366) (15,361,823) (3,665,675) (8,980,508) 13,216,742 5,720,027 (9,287,076) 2,903,289 3,311,658
-------------------------------------------------------------------------------------------------------------
Net additions
(deductions) 34,452,142 (12,063,450) 3,631,841 (7,168,346) 17,085,731 8,623,690 16,712,793 4,318,108 3,311,775
Net assets available
for benefits at
beginning of year 128,465,531 33,009,869 32,575,589 19,890,718 32,455,687 7,666,050 2,867,618
-------------------------------------------------------------------------------------------------------------
Net assets available
for benefits at end
of year $162,917,673 $20,946,419 $36,207,430 $12,722,372 $17,085,731 $8,623,690 $49,168,480$11,984,158 $6,179,393
=============================================================================================================
<FN>
See accompanying notes.
</TABLE>
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Statement of Changes in Net Assets Available for Benefits
Year ended March 30, 1993
Computer
Investment Associates Money
Contract Equity Balanced Stock Market Participant
Total Fund Fund Fund Fund Fund Loans Fund
-----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Additions
Contributions:
Computer Associates
International, Inc. $ 17,162,609 $ 2,107,166 $ 1,553,455 $ 2,625,173 $ 9,940,190 $ 936,625
Employees 11,267,969 3,377,720 2,031,411 3,425,961 1,759,307 673,570
Income from investments:
Interest and dividend income 4,644,663 2,379,602 479,106 1,181,840 130,717 281,434 $ 191,964
Net realized and unrealized
appreciation in fair value of
investments 12,615,814 979,347 1,608,136 2,107,574 7,920,757
-----------------------------------------------------------------------------------------------
Total additions 45,691,055 8,843,835 5,672,108 9,340,548 19,750,971 1,891,629 191,964
Deductions
Withdrawals and distributions (11,937,794) (4,472,283) (2,203,759) (2,988,890) (805,797) (1,486,465) 19,400
Interfund transfers-net (2,423,074) 1,878,391 936,563 (1,838,089) 514,179 932,030
Withdrawal of forfeitures
applied against contributions
and administrative expenses (1,215,239) (2,042) (1,213,197)
-----------------------------------------------------------------------------------------------
Total (deductions) additions (13,153,033) (6,897,399) (325,368) (2,052,327) (2,643,886) (2,185,483) 951,430
Transfer of assets from other
plans 394,897 5,029 7,950 23,835 4,886 353,197
-----------------------------------------------------------------------------------------------
Net additions 32,932,919 1,951,465 5,354,690 7,312,056 17,111,971 59,343 1,143,394
Net assets available for
benefits at beginning of year 95,532,612 31,058,404 14,536,028 25,263,533 15,343,716 7,606,707 1,724,224
-----------------------------------------------------------------------------------------------
Net assets available for
benefits at end of year $128,465,531 $33,009,869 $19,890,718 $32,575,589 $32,455,687 $7,666,050 $2,867,618
===============================================================================================
<FN>
See accompanying notes.
</TABLE>
<PAGE>
Computer Associates Savings Harvest Plan
Notes to Financial Statements
March 30, 1994
1. Description of the Plan
General
The following description of the Computer Associates Savings
Harvest Plan (the "Plan") provides only general information.
Participants should refer to the Plan document for a more
complete description of the Plan's provisions.
The Plan is a defined contribution plan covering all
eligible full-time employees. An employee is eligible to
participate in the Plan in the month following completion of
one full year of service to Computer Associates
International, Inc. (the "Company"). The Plan is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 (ERISA).
On March 31, 1993, Fidelity Management Trust Company
("Fidelity") replaced Mellon Bank, N.A. ("Mellon") as the
trustee of the Plan and all assets of the Plan were
subsequently transferred from Mellon to Fidelity in a series
of wire transfers as follows:
From Mellon's Money Market Fund to Fidelity's Retirement
Money Market Portfolio.
From Mellon's Investment Contract Fund to Fidelity's
Intermediate Bond Fund.
From Mellon's Equity Fund to Fidelity's U.S. Equity Index
Portfolio.
From Mellon's Balanced Fund to Fidelity's Puritan Fund.
From Mellon's Computer Associates Stock Fund to Fidelity's
Computer Associates Stock Fund.
Any income from investments, withdrawals and distributions
or interfund transfers that occurred at Mellon during the
period that the assets were being transferred to Fidelity
have been combined with Fidelity's activity and is reflected
in the Statement of Changes in Net Assets Available for
Benefits on a combined basis. All transfers of assets from
Mellon to Fidelity were completed by June 1993.
During the Plan year ended March 30, 1993, the Plan was
amended on one occasion as a result of the acquisition of
the Nantucket Corporation by the Company. The assets of the
Nantucket Corporation 401(K) Profit Sharing Plan were
transferred into the Plan during 1993.
<PAGE>
Computer Associates Savings Harvest Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Contributions
During each payroll period, Plan participants may elect to
contribute a percentage of their base compensation ranging
from 2% to 15%. Each participant can change this election at
any time but not more than once every three months.
To comply with the Tax Reform Act of 1986, pre-tax
contributions elected by any participant may not exceed
$8,994 and $8,728 for the calendar years ended December 31,
1993 and 1992, respectively. Commencing July 1993,
participants may contribute on an after-tax basis as well.
The Company contributes to the Plan on behalf of each
participant as a matching contribution, an amount equal to
50% of such participant's contribution up to a maximum of
2.5% of the participant's base compensation. The matching
contributions for the years ended March 30, 1994 and 1993
were $3,747,023 and $3,472,825, respectively.
In addition to its matching contribution, the Company may
contribute to the Plan in respect of each year, a
discretionary contribution in an amount that the Board of
Directors of the Company may, in its sole discretion,
determine. The discretionary contributions for the years
ended March 30, 1994 and 1993 were $13,287,584 and
$13,689,784 (inclusive of $750,000 funded by accumulated
Plan forfeitures for Plan year 1993) respectively. The
discretionary contribution is allocated to each participant
generally in the same ratio that the participant's base
compensation for the Plan year bears to the base
compensation of all participants for such Plan year. The
discretionary contribution for the year ended March 30, 1994
includes 447,453 common shares of the Company valued at
$13,199,875. The discretionary contribution for the year
ended March 30, 1993 includes 387,461 common shares of the
Company valued at $8,717,873.
Participant Accounts
A separate account is established and maintained in the name
of each participant and reflects the participant's balance
invested therein. Such balance includes earnings and losses
allocated to the participants accounts based upon the
percentage investment of the account balance to the total
fund balances.
<PAGE>
Computer Associates Savings Harvest Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Vesting
The matching and discretionary contributions made by the
Company on behalf of a participant vest as follow. With less
than three years of service, 0% is vested. The participant's
vested percentage then increases to 20% after three years,
40% after four years, 60% after five years, 80% after six
years, and 100% after seven years of service. In addition,
100% vesting occurs upon death or total disability of a
participant, upon attainment of normal retirement age, or
upon termination of the Plan.
Investment Options
The assets of the Plan are invested by Fidelity in seven
separate funds:
Fidelity Intermediate Bond Fund which invests in high and
upper-medium grade fixed-income obligations with
intermediate maturities.
Fidelity Puritan Fund, which invests in income-producing
common stocks, preferred stocks, and bonds.
Fidelity U.S. Equity Index Portfolio, which invests mostly
in the common stock of the 500 companies that make up the
Standard & Poor's 500 Index.
Fidelity Magellan Fund, which invests in common stock and
securities convertible to common stock.
Fidelity Growth and Income Portfolio, which invests in
common stock, securities convertible to common stock,
preferred stock and fixed income securities.
Computer Associates Stock Fund, which is invested in the
common stock of a single company, Computer Associates
International, Inc.
Fidelity Retirement Money Market Portfolio, which invests
in high-quality, U.S. dollar denominated money market
instruments.
Beginning June 1993, participants may redirect future
contributions or transfer their current investment balances
between funds on a daily basis in increments of 1%. Prior to
June 1993, investment elections were limited to 20%
increments between funds and could not be changed more than
once every three months.
<PAGE>
Computer Associates Savings Harvest Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Payment of Benefits
The Plan provides for benefit distributions to Plan
participants or their beneficiaries upon the participant's
retirement, termination of employment or death. Any
participant may apply to withdraw all or part of his/her
vested account balance subject to specific hardship
withdrawal provision criteria in the Plan and the approval
of the Plan Administrative Committee.
Participant Loans Receivable
Any participant may take a loan from his/her account based
upon certain provisions of the Plan being met. The rate of
interest on loans to participants shall be at a reasonable
rate fixed at the time the loan is approved. Upon the death,
retirement or termination of employment of the participant,
the Plan may deduct the total unpaid balance or any portion
thereof from any payment or distribution to which the
participant or his beneficiaries may be entitled.
Expense Allocation
To the extent that the costs of recordkeeping and
administration of the funds are not covered by Plan
forfeitures, they are borne by the Plan sponsor, (the
Company). Such costs for Plan years 1994 and 1993 were
$230,083 and $465,238, respectively, and were covered by
Plan forfeitures.
Plan Termination
Although it has not expressed any intent to do so, the
Company has the right under the Plan to discontinue its
contributions at any time and to terminate the Plan subject
to the provisions of ERISA.
2. Significant Accounting Policies
Valuation of Investments
Investments in Fidelity funds and Computer Associates stock
fund are stated at fair value based upon quoted prices in
published sources.
The fair value of participation units owned by the Plan in
Mellon Bank, N.A. funds were based on quoted redemption
value on the last business day of the Plan year.
<PAGE>
Computer Associates Savings Harvest Plan
Notes to Financial Statements (continued)
2. Significant Accounting Policies (continued)
The realized net gain or loss on sale of investments is the
difference between the proceeds received and the average
cost of investments sold. The unrealized net gain or loss is
the difference between the fair value and the cost of
investments for each year. These combined amounts are
included in the statement of changes in net assets available
for benefits.
3. Investments
The following investments represent 5% or more of the Plan's
net assets at March 30, 1994, which are represented at fair
value as determined by quoted market prices.
<TABLE>
<CAPTION>
Number of
Units Fair Value
---------------------------
<S> <C> <C>
Intermediate Bond Fund 2,046,911 $21,144,591 1
Puritan Fund 2,355,106 36,551,244
U.S. Equity Index Portfolio 780,646 12,880,666
Magellan Fund 246,150 17,161,563
Growth and Income Portfolio 402,572 8,667,371
CA Stock Fund 2,784,935 36,092,757
Retirement Money Market Portfolio 12,032,311 12,032,311
</TABLE>
4. Income Tax Status
The Internal Revenue Service has ruled that the Plan
qualifies under Section 401(a) of the Internal Revenue Code
(the "Code"), and its related trust is therefore exempt from
Federal income tax under Section 501 of the Code. Subsequent
to the ruling, the Plan has been amended to comply with
provisions of the Tax Reform Act of 1986 and the tax acts
thereafter. The Plan was restated in its entirety effective
March 31, 1992. The Company submitted the Plan to the
Internal Revenue Service in June 1994 for a tax
determination letter. In the interim, the Company is not
aware of any course of action or series of events that might
adversely affect the qualified status of the Plan.
<PAGE>
Schedules
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Item 27a-Schedule of Assets Held for Investment Purposes
March 30, 1994
<CAPTION>
Identity of Issue, Borrower, Number
Lessor or Similar Party of Units Cost Current Value
- --------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fidelity Intermediate Bond Fund 2,046,911 $21,950,211 $21,144,591
Fidelity Puritan Fund 2,355,106 37,569,556 36,551,244
Fidelity U.S. Equity Index Portfolio 780,646 13,239,802 12,880,666
Fidelity Magellan Fund 246,150 17,798,126 17,161,563
Fidelity Growth and Income Portfolio 402,572 8,902,759 8,667,371
Fidelity Computer Associates Stock Fund 2,784,935 34,239,390 36,092,757
Fidelity Retirement Money Market Portfolio 12,032,311 12,032,311 12,032,311
Loans Receivable from Employees* 6,179,393 6,179,393
----------------------------
Total $151,911,548 $150,709,896
============================
<FN>
*Detail list available upon request.
</TABLE>
<PAGE>
<TABLE>
Computer Associates Savings Harvest Plan
Item 27d-Schedule of Reportable Transactions
Year ended March 30, 1994
<CAPTION>
Number of Purchase Number Cost of Net Gain
Identity of Party Involved Purchases Price of Sales Sales Price Assets (Loss)
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Category (iii)-a series of
security transactions in
excess of 5% of plan
assets:
Intermediate Bond Fund 204 $32,960,125 177 $11,133,883 $11,009,415 $ 124,468
Puritan Fund 204 51,391,782 187 14,043,961 13,822,227 221,734
U.S. Equity Index Portfolio 198 25,127,711 180 12,024,102 11,887,055 137,047
Magellan Fund 206 23,229,619
Growth and Income Portfolio 198 11,317,971
Computer Associates Stock Fund 213 50,375,028 190 24,401,015 16,135,638 8,265,377
Retirement Money Market Portfolio 211 28,269,145 189 31,236,834 31,236,834
<FN>
There were no category (i), (ii) or (iv) reportable transactions during the
period ended March 30, 1994.
</TABLE>
Exhibit 23(a)
Consent of Independent Auditors
We consent to the incorporation by reference in the
Registration Statement (Form S-8 No. 33-20797 and the Post
Effective Amendment No. 1 to said Registration Statement)
pertaining to the Computer Associates Savings Harvest Plan
of Computer Associates International, Inc. and in the
related prospectus of our report dated July 15, 1994 with
respect to the financial statements and schedules of the
Computer Associates Savings Harvest Plan included in this
Annual Report (Form 11-K) for the year ended March 30,
1994.
Ernst & Young LLP
New York, New York
August 31, 1994
