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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Sales $ 5,659 $ 5,927 $ 6,400
Outsourcing, maintenance and rentals 15,293 15,213 14,868
Financing 483 [1] 597 [1] 632 [1]
Total Revenues 21,435 [1] 21,737 [1] 21,900 [1]
Costs and Expenses      
Cost of sales 3,616 3,791 4,076
Cost of outsourcing, maintenance and rentals 11,008 10,802 10,269
Cost of financing 163 198 231
Research, development and engineering expenses 601 655 719
Selling, administrative and general expenses 4,137 4,216 4,421
Restructuring and asset impairment charges 116 154 32
Amortization of intangible assets 332 328 398
Curtailment gain 0 0 (107)
Other expenses, net 150 261 326
Total Costs and Expenses 20,123 20,405 20,365
Income Before Income Taxes and Equity Income 1,312 1,332 1,535
Income tax expense 276 272 377
Equity in net income of unconsolidated affiliates 169 [1] 152 [1] 149 [1]
Income from Continuing Operations 1,205 1,212 1,307
(Loss) income from discontinued operations, net of tax (26) 11 21
Net Income 1,179 1,223 1,328
Less: Net income attributable to noncontrolling interests 20 28 33
Net Income Attributable to Xerox 1,159 1,195 1,295
Net income from continuing operations $ 1,185 $ 1,184 $ 1,274
Continuing operations (in dollars per share) $ 0.95 $ 0.89 $ 0.90
Discontinued operations (in dollars per share) $ (0.02) $ 0.01 $ 0.02
Total Basic Earnings per Share (in dollars per share) $ 0.93 $ 0.90 $ 0.92
Continuing operations (in dollars per share) $ 0.93 $ 0.87 $ 0.88
Discontinued operations (in dollars per share) $ (0.02) $ 0.01 $ 0.02
Total Diluted Earnings per Share (in dollars per share) $ 0.91 $ 0.88 $ 0.90
[1] Asset information on a segment basis is not disclosed as this information is not separately identified and internally reported to our Chief Operating Decision Maker (CODM).