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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales      
Total Net sales $ 4,218 $ 3,722 $ 3,574
Cost of sales:      
Total Cost of sales 2,237 2,012 1,932
Gross profit 1,981 1,710 1,642
Operating expenses:      
Selling and marketing 483 448 444
Research and development 444 389 376
General and administrative 328 301 307
Amortization of intangible assets 97 184 229
Acquisition and integration costs 8 50 125
Impairment of goodwill and other intangibles 0 0 62
Exit and restructuring costs 11 16 19
Total Operating expenses 1,371 1,388 1,562
Operating income 610 322 80
Other (expenses) income:      
Foreign exchange loss (5) (1) (5)
Interest expense, net (91) (227) (193)
Other, net 10 (6) (11)
Total Other expenses, net (86) (234) (209)
Income (loss) before income tax 524 88 (129)
Income tax expense 103 71 8
Net income (loss) $ 421 $ 17 $ (137)
Basic earnings (loss) per share (in USD per share) $ 7.86 $ 0.33 $ (2.65)
Diluted earnings (loss) per share (in USD per share) $ 7.76 $ 0.32 $ (2.65)
Tangible Products      
Net sales      
Total Net sales $ 3,685 $ 3,223 $ 3,056
Cost of sales:      
Total Cost of sales 1,871 1,677 1,593
Services and Software      
Net sales      
Total Net sales 533 499 518
Cost of sales:      
Total Cost of sales $ 366 $ 335 $ 339