COMPUTER ASSOCIATES INTERNATIONAL INC
8-K, 2000-12-21
PREPACKAGED SOFTWARE
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934



                               December 21, 2000
                ------------------------------------------------
                Date of Report: (Date of earliest event reported)


                    Computer Associates International, Inc.
                ------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)



        Delaware                       1-9247                    13-2857434
----------------------------        -----------              -------------------
 State or Other Jurisdiction        (Commission                (IRS Employer
      of incorporation)             File Number)             Identification No.)



One Computer Associates Plaza, Islandia, New York                      11749
-------------------------------------------------                    ---------
   (Address of Principal Executive Offices)                          (Zip Code)


       Registrant's telephone number, including area code: (631) 342-5224

                                 Not Applicable
                        --------------------------------
          (Former name or former address, if changed since last report)
<PAGE>

Item 9.  Regulation FD Disclosure.

     In  accordance  with General  Instruction  B.2. of Form 8-K, the  following
information  shall not be deemed to be "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended.

     On December 21, 2000, Computer Associates  International,  Inc. ("CA") made
available on its web page (www.ca.com/invest)  additional supporting information
related to  historical  data  originally  released on October 25, 2000.  At that
time, CA provided certain pro-forma  pro-rata revenue and operating earnings per
share amounts as part of the data provided to analyze the recently announced new
business model.  CA's auditors,  KPMG LLP, have issued an attestation  report on
the pro-forma statement of operations for fiscal year 2000.

     The  quarterly  amounts of the  previously  disclosed  full year revenue of
$5.256  billion  and  operating  earnings  per share of $1.31 for the year ended
March 31, 2000 under the previously defined pro-forma  pro-rata  methodology was
as follows:

<TABLE>
<CAPTION>

                                      Revenue (in millions)        Operating EPS
                                      ---------------------        -------------
 <S>                                         <C>                       <C>
 Q1 ended June 1999                          $1,240                    $0.30
 Q2 ended September 1999                     $1,294                    $0.34
 Q3 ended December 1999                      $1,332                    $0.32
 Q4 ended March 2000                         $1,390                    $0.34
</TABLE>

     Please refer to  previously  disclosed  information  including the Form 10Q
filed  November  14 , 2000,  the Form 8-K  filed  on  October  25,  2000 and the
earnings press release dated October 24, 2000.

     Statements  herein  concerning  Computer  Associates  future  prospects are
"forward-looking  statements" under the Private Securities Litigation Reform Act
of 1995.  There can be no assurances  that future results will be achieved,  and
actual results could differ  materially from forecasts and estimates.  Important
factors  that could  cause  actual  results to differ  materially  include:  the
significant  percentage of CA's quarterly sales consummated in the last few days
of the quarter making financial  predictions  especially difficult and raising a
substantial risk of variance in actual results;  changes in industry  accounting
guidance; the risks associated with changes in the company's business model; the
risks  associated  with  changes in the way in which the  company  accounts  for
license revenue; the difficulties of compiling pro forma financial  information,
given  acquisitions  over  time;  instability  resulting  from  changes  to  the
company's business model; the emergence of new competitive initiatives resulting
from rapid technological advances or changes in pricing in the market; the risks
associated with new product introductions as well as the uncertainty of customer
acceptance of these new or enhanced  products from either CA or its competition;
risks associated with the entry into new markets such as professional  services;
the  risks   associated   with   integrating   newly  acquired   businesses  and
technologies;  increasing  dependency  on large dollar  licensing  transactions;
delays in product delivery;  reliance on mainframe  capacity growth; the ability
to  recruit  and  retain  qualified   personnel;   business  conditions  in  the
distributed systems and mainframe software and hardware markets; uncertainty and
volatility  associated with Internet and eBusiness  related  activities;  use of
software patent rights to attempt to limit competition;  fluctuations in foreign
currency  exchange rates and interest rates; the volatility of the international
marketplace;  uncertainties  relative to global  economic  conditions; and other
risks described in filings with the Securities and Exchange Commission.

<PAGE>

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                        Computer Associates International, Inc.


Dated:   December 21, 2000              By: /s/ Ira Zar
                                            ---------------------------------
                                            Ira Zar
                                            Executive Vice President and Chief
                                            Financial Officer


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