<title>EDS 8K</title>
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<p class=MsoTitle align="center"><b>UNITED STATES</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>SECURITIES AND EXCHANGE
COMMISSION</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>WASHINGTON, DC 20549</b></p>





<B>
<P ALIGN="CENTER"><font font face="Times New Roman"><br>
<font size="4">FORM 8-K<br>
&nbsp;</font></P>
</font>
</B><font size="2" font face="Times New Roman"><P ALIGN="CENTER"></P>
</font>
<B><font font face="Times New Roman"><P ALIGN="CENTER">CURRENT REPORT PURSUANT<br>
TO SECTION 13 OR 15(D) OF THE<br>
SECURITIES EXCHANGE ACT OF 1934</font></B><font size="2" font face="Times New Roman"><br>
<br>
<br>
Date of Report (Date of Earliest Event Reported):&nbsp; <b>June 2, 2005 </b></P>
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<P ALIGN="CENTER">&nbsp;</P>
</font><font face="Times New Roman" size="4">
<B><P ALIGN="CENTER">Electronic Data Systems Corporation<br>
</B></font><font size="2" font face="Times New Roman">(Exact name of registrant as specified in its charter)</P>
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  <center>
  <table border="0" cellpadding="0" cellspacing="1" style="border-collapse: collapse" bordercolor="#111111" width="75%">
    <tr>
      <td width="33%" align="center">&nbsp;</td>
      <td width="33%" align="center"><b><font size="2" font face="Times New Roman">Delaware</font></b></td>
      <td width="34%" align="center">&nbsp;</td>
    </tr>
    <tr>
      <td width="100%" align="center" colspan="3"><font size="2" font face="Times New Roman">(Sate or Other Jurisdiction
      of Incorporation)<br>
&nbsp;</font></td>
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  <table border="0" cellpadding="0" cellspacing="1" style="border-collapse: collapse" bordercolor="#111111" width="75%">
    <tr>
      <td width="47%" align="center"><b><font size="2" font face="Times New Roman">01-11779</font></b></td>
      <td width="5%" align="center">&nbsp;</td>
      <td width="48%" align="center"><b><font size="2" font face="Times New Roman">75-2548221</font></b></td>
    </tr>
    <tr>
      <td width="47%" align="center"><font size="2" font face="Times New Roman">(Commission
      File Number)<br>
&nbsp;</font></td>
      <td width="5%" align="center">&nbsp;</td>
      <td width="48%" align="center"><font size="2" font face="Times New Roman">(IRS Employer
      Identification No.<br>
&nbsp;</font></td>
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  <center>
  <table border="0" cellpadding="0" cellspacing="1" style="border-collapse: collapse" bordercolor="#111111" width="75%">
    <tr>
      <td width="47%" align="center"><b><font size="2" font face="Times New Roman">5400 Legacy Drive, Plano, Texas</font></b></td>
      <td width="5%" align="center">&nbsp;</td>
      <td width="48%" align="center"><b><font size="2" font face="Times New Roman">75024</font></b></td>
    </tr>
    <tr>
      <td width="47%" align="center"><font size="2" font face="Times New Roman">
      (Address of Principal Executive Offices)</font></td>
      <td width="5%" align="center">&nbsp;</td>
      <td width="48%" align="center"><font size="2" font face="Times New Roman">(Zip
      Code)</font></td>
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  </table>
  </center>
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<P ALIGN="CENTER" style="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P ALIGN="CENTER"></P>
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  <center>
  <table border="0" cellpadding="0" cellspacing="1" style="border-collapse: collapse" bordercolor="#111111" width="75%" height="34">
    <tr>
      <td width="100%" align="center" height="19"><b><font size="2" font face="Times New Roman">
      (972) 604-6000</font></b></td>
    </tr>
    <tr>
      <td width="100%" align="center" height="13"><font size="2" font face="Times New Roman">
      Registrant's telephone number, including area code</font></td>
    </tr>
  </table>
  </center>
</div>

<p class=MsoNormal align=center style='text-align:center'>(Former
Name or Former Address, if Changed Since Last Report)</p>



<p class=MsoNormal style='text-align:justify;line-height:13.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<i>see </i>General Instruction A.2. below):</p>



<p class=MsoNormal style='text-align:justify;line-height:13.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; o&nbsp;&nbsp; Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>



<p class=MsoNormal style='text-align:justify;line-height:13.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; o&nbsp;&nbsp; Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>



<p class=MsoNormal style='text-align:justify;line-height:13.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; o&nbsp;&nbsp; Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</p>



<p class=MsoNormal style='text-align:justify;line-height:13.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; o&nbsp;&nbsp; Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</p>

<P ALIGN="CENTER">
<br>
<br>
&nbsp;</P>
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<P ALIGN="CENTER">&nbsp;</P>



<p class=MsoNormal><b>Section 2
-Financial Information</b></p>

<p class=MsoNormal><i>Item 2.06&nbsp; Material
Impairments&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </i></p>



<p class=MsoNormal style='text-indent:.5in'>Electronic
Data Systems Corporation (&quot;EDS&quot;) is evaluating a possible non-cash impairment
charge for assets related to one of its commercial contracts due to recently
identified estimated deterioration in the contract's projected performance.&nbsp; This
evaluation is preliminary and the amount of impairment, if any, can not be
estimated at this time.&nbsp; At March
 31, 2005, EDS held assets
in support of this contract of approximately $166 million, which consisted of
fixed assets and software of $126 million and deferred costs of $40 million.&nbsp; A
significant portion or all of these assets may be impaired.&nbsp; The changes to this
contract's projected performance are primarily related to current estimates of
EDS' ability to achieve anticipated benefits from productivity initiatives
specific to this contract. </p>



<p class=MsoNormal style='text-indent:.5in'>Accordingly,
EDS is qualifying its prior earnings guidance for the second quarter of 2005
and the full year. An impairment, when quantified, could negatively impact EDS'
prior earnings guidance.&nbsp; It would not impact EDS' full-year free cash flow
guidance of $500 million to $700 million.</p>

<p class=MsoNormal style='text-indent:.5in'>The
foregoing estimate of free cash flow is a forward-looking statement within the
meaning of the federal securities laws. Such statement is subject to numerous
risks and uncertainties, many of which are beyond EDS' control, which could
cause actual results to differ materially from such statement.&nbsp; Reference is
made to &quot;Cautionary Statement Regarding Forward Looking Statements&quot; in&nbsp;
Management's Discussion and Analysis of Financial Condition and Results of
Operations in EDS' Form 10-Q for the three months ended March 31, 2005, for a
discussion of certain of these risks and uncertainties.</p>

<p class=MsoNormal><i>&nbsp;</i><br>
&nbsp;</p>



<P ALIGN="JUSTIFY">&nbsp;</P>

<P ALIGN="center">2</P>

<hr color="#0000FF">

<P ALIGN="JUSTIFY">&nbsp;</P>

<P ALIGN="CENTER">SIGNATURES</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="justify" style="margin-top: 0; margin-bottom: 0; text-indent:0.5in">&#9;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.<br>
&nbsp;</P>
<P style="margin-top: 0; margin-bottom: 0">&#9;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ELECTRONIC DATA SYSTEMS &#9;CORPORATION</P>

<P>&nbsp;</P>
<P style="margin-top: 0; margin-bottom: 0">June 2, 2005&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By:<U>&nbsp;&nbsp;&nbsp;
/S/ ROBERT H. SWAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;&#9;&#9;</P>
</U><P style="margin-top: 0; margin-bottom: 0">&#9;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Robert H. Swan, Executive Vice<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President
and Chief Financial Officer</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P align="center">3</P>

<P align="center">&nbsp;</P>

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</html>
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{"company-data": {"conformed-name": "ELECTRONIC DATA SYSTEMS CORP /DE/", "cik": "0001007456", "assigned-sic": "7370", "irs-number": "752548221", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11779", "film-number": "05875456"}, "business-address": {"street1": "5400 LEGACY DRIVE", "street2": "H3-3A-05", "city": "PLANO", "state": "TX", "zip": "75024", "phone": "9726046000"}, "mail-address": {"street1": "5400 LEGACY DRIVE", "street2": "H3-3A-05", "city": "PLANO", "state": "TX", "zip": "75024"}, "former-company": {"former-conformed-name": "ELECTRONIC DATA SYSTEMS HOLDING CORP", "date-changed": "19960208"}}
EDS 8K
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported):
June 2, 2005
Electronic Data Systems Corporation
(Exact name of registrant as specified in its charter)
Delaware
(Sate or Other Jurisdiction
      of Incorporation)
01-11779
75-2548221
(Commission
      File Number)
(IRS Employer
      Identification No.
5400 Legacy Drive, Plano, Texas
75024
(Address of Principal Executive Offices)
(Zip
      Code)
(972) 604-6000
Registrant's telephone number, including area code
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (
see
General Instruction A.2. below):
o   Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o   Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Section 2
-Financial Information
Item 2.06  Material
Impairments
Electronic
Data Systems Corporation ("EDS") is evaluating a possible non-cash impairment
charge for assets related to one of its commercial contracts due to recently
identified estimated deterioration in the contract's projected performance.  This
evaluation is preliminary and the amount of impairment, if any, can not be
estimated at this time.  At March
 31, 2005, EDS held assets
in support of this contract of approximately $166 million, which consisted of
fixed assets and software of $126 million and deferred costs of $40 million.  A
significant portion or all of these assets may be impaired.  The changes to this
contract's projected performance are primarily related to current estimates of
EDS' ability to achieve anticipated benefits from productivity initiatives
specific to this contract.
Accordingly,
EDS is qualifying its prior earnings guidance for the second quarter of 2005
and the full year. An impairment, when quantified, could negatively impact EDS'
prior earnings guidance.  It would not impact EDS' full-year free cash flow
guidance of $500 million to $700 million.
The
foregoing estimate of free cash flow is a forward-looking statement within the
meaning of the federal securities laws. Such statement is subject to numerous
risks and uncertainties, many of which are beyond EDS' control, which could
cause actual results to differ materially from such statement.  Reference is
made to "Cautionary Statement Regarding Forward Looking Statements" in 
Management's Discussion and Analysis of Financial Condition and Results of
Operations in EDS' Form 10-Q for the three months ended March 31, 2005, for a
discussion of certain of these risks and uncertainties.
2
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.
ELECTRONIC DATA SYSTEMS 	CORPORATION
June 2, 2005                                                                                                              By:
/S/ ROBERT H. SWAN
Robert H. Swan, Executive Vice
President
and Chief Financial Officer
3