Income Statement for Xerox Corp. |
(Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
Net Sales or Revenues |
|
$9,830.00 |
|
$10,265.00 |
|
$10,771.00 |
Cost of Goods Sold |
|
$5,903.00 |
|
$6,204.00 |
|
$6,510.00 |
|
|
 |
|
 |
|
 |
Gross Profit |
|
$3,927.00 |
|
$4,061.00 |
|
$4,261.00 |
|
|
|
|
|
|
|
Research & Development Expense |
|
$397.00 |
|
$446.00 |
|
$476.00 |
Selling, General, & Admin. Expense |
|
$2,458.00 |
|
$2,631.00 |
|
$2,695.00 |
|
|
 |
|
 |
|
 |
Income Before Depreciation |
|
$1,072.00 |
|
$984.00 |
|
$1,090.00 |
|
|
|
|
|
|
|
Depreciation, Depletion, Amortization |
|
N/A |
|
$0.00 |
|
$0.00 |
Non-Operating Income |
|
($474.00) |
|
($414.00) |
|
($522.00) |
Interest Expense |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Pretax Income |
|
$598.00 |
|
$570.00 |
|
$568.00 |
|
|
|
|
|
|
|
Provision for Income Taxes |
|
$257.00 |
|
$481.00 |
|
$62.00 |
Minority Interest |
|
$13.00 |
|
$12.00 |
|
$11.00 |
Investment Gains (Losses) |
|
$33.00 |
|
$115.00 |
|
$121.00 |
Other Income |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Income Before Extraordinaries |
|
$374.00 |
|
$204.00 |
|
$627.00 |
|
|
|
|
|
|
|
Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$3.00 |
|
($1,093.00) |
|
|
 |
|
 |
|
 |
Net Income |
|
$361.00 |
|
$195.00 |
|
($477.00) |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
$1.40 |
|
$0.71 |
|
($1.96) |
Diluted Earnings Per Share |
|
$1.38 |
|
$0.71 |
|
($1.96) |
|
|
|
|
|
|
|
Weighted Average Basic Shares Outstanding |
|
258.00 |
|
274.65 |
|
253.39 |
Weighted Average Diluted Shares Outstanding |
|
258.00 |
|
274.65 |
|
256.00 |
|
|
|
|
|
|
|
Income Before Non-Recurring Items |
|
$893.00 |
|
$915.00 |
|
$921.00 |
Income From Non-Recurring Items |
|
($532.00) |
|
($723.00) |
|
($305.00) |
Diluted Earnings Per Share before extras |
|
$3.46 |
|
$3.48 |
|
$3.52 |
|
|
|
|
|
|
|
Dividend (preferred) |
|
($0.20) |
|
$0.00 |
|
($1,064.87) |
Dividend (common) |
|
$238.28 |
|
$3,241.64 |
|
$314.27 |
Dividend Per Share (common) |
|
$1.00 |
|
$12.73 |
|
$1.24 |
|