| Income Statement for Xerox Corp. |
| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$10,265.00 |
|
$10,771.00 |
|
$18,045.00 |
| Cost of Goods Sold |
|
$6,204.00 |
|
$6,510.00 |
|
$12,782.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$4,061.00 |
|
$4,261.00 |
|
$5,263.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$446.00 |
|
$476.00 |
|
$563.00 |
| Selling, General, & Admin. Expense |
|
$2,631.00 |
|
$2,695.00 |
|
$3,559.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$984.00 |
|
$1,090.00 |
|
$1,141.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($414.00) |
|
($522.00) |
|
($729.00) |
| Interest Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$570.00 |
|
$568.00 |
|
$412.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$481.00 |
|
$62.00 |
|
($23.00) |
| Minority Interest |
|
$12.00 |
|
$11.00 |
|
$18.00 |
| Investment Gains (Losses) |
|
$115.00 |
|
$121.00 |
|
$135.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$204.00 |
|
$627.00 |
|
$570.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$3.00 |
|
($1,093.00) |
|
($78.00) |
|
|
|
|
|
|
|
| Net Income |
|
$195.00 |
|
($477.00) |
|
$474.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.71 |
|
($1.96) |
|
$1.68 |
| Diluted Earnings Per Share |
|
$0.71 |
|
($1.96) |
|
$1.68 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
274.65 |
|
253.39 |
|
269.00 |
| Weighted Average Diluted Shares Outstanding |
|
274.65 |
|
256.00 |
|
269.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$915.00 |
|
$921.00 |
|
$1,076.00 |
| Income From Non-Recurring Items |
|
($723.00) |
|
($305.00) |
|
($524.00) |
| Diluted Earnings Per Share before extras |
|
$3.48 |
|
$3.52 |
|
$3.92 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
$0.00 |
|
($1,064.87) |
|
$0.56 |
| Dividend (common) |
|
$3,241.64 |
|
$314.27 |
|
$283.47 |
| Dividend Per Share (common) |
|
$12.73 |
|
$1.24 |
|
$1.12 |
|
