Quarterly Information (unaudited)

12 Months Ended

Dec. 31, 2013

Note 14 Quarterly Information (unaudited)


In millions, except per share amounts	First		Second		Third		Fourth
2013
Total revenues	$	587	$	670	$	666	$	769
Gross margin	$	305	$	379	$	358	$	431
Operating income	$	76	$	147	$	132	$	177
Net income	$	59	$	108	$	98	$	112
Net income per share:
Basic	$	0.36	$	0.66	$	0.60	$	0.69
Diluted	$	0.35	$	0.65	$	0.59	$	0.68

2012
Total revenues	$	613	$	665	$	647	$	740
Gross margin	$	338	$	382	$	361	$	410
Operating income	$	127	$	160	$	143	$	150
Net income	$	91	$	112	$	104	$	112
Net income per share:
Basic	$	0.54	$	0.66	$	0.62	$	0.67
Diluted	$	0.53	$	0.65	$	0.60	$	0.66

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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