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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales      
Net sales of tangible products $ 3,223 $ 3,056 $ 3,131
Revenue from services and software 499 518 519
Total Net sales 3,722 3,574 3,650
Cost of sales:      
Cost of sales of tangible products 1,677 1,593 1,629
Cost of services and software 335 339 377
Total Cost of sales 2,012 1,932 2,006
Gross profit 1,710 1,642 1,644
Operating expenses:      
Selling and marketing 448 444 494
Research and development 389 376 394
General and administrative 301 307 283
Amortization of intangible assets 184 229 251
Acquisition and integration costs 50 125 145
Impairment of goodwill and other intangibles 0 62 0
Exit and restructuring costs 16 19 40
Total Operating expenses 1,388 1,562 1,607
Operating income 322 80 37
Other expenses:      
Foreign exchange loss (1) (5) (23)
Interest expense, net (227) (193) (193)
Other, net (6) (11) (1)
Total Other expenses (234) (209) (217)
Income (loss) before income taxes 88 (129) (180)
Income tax expense (benefit) 71 8 (22)
Net income (loss) $ 17 $ (137) $ (158)
Basic earnings (loss) per share (in USD per share) $ 0.33 $ (2.65) $ (3.10)
Diluted earnings (loss) per share (in USD per share) $ 0.32 $ (2.65) $ (3.10)
Basic weighted average shares outstanding (in shares) 53,021,761 51,579,112 50,996,297
Diluted weighted average and equivalent shares outstanding (in shares) 53,688,832 51,579,112 50,996,297