| 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 |
|
