XML 49 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenue $ 920 $ 1,005 $ 1,757 $ 1,911
Cost of revenue 572 617 1,094 1,181
Gross profit 348 388 663 730
Selling, general and administrative expenses 218 242 424 466
Research and development expenses 25 27 48 54
Restructuring charges 1 3 4 18
Operating income 104 116 187 192
Interest expense 14 13 28 27
Other non-operating income, net 1 1 0 0
Gain from sale of businesses 0 0 9 0
Income before taxes 91 104 168 165
Income tax expense 17 18 30 30
Net income $ 74 $ 86 $ 138 $ 135
Earnings per share:        
Basic (usd per share) $ 0.41 $ 0.47 $ 0.76 $ 0.74
Diluted (usd per share) $ 0.41 $ 0.47 $ 0.76 $ 0.73
Weighted average number of shares:        
Basic (in shares) 181,474 183,377 181,784 183,962
Diluted (in shares) 182,313 184,519 182,688 185,144
Dividends declared per share (usd per share) $ 0.1408 $ 0.1280 $ 0.2816 $ 0.256