Xerox 2002 Annual Report Download - page 2

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Contents
1 Letter to Shareholders
7 Officers
8 Directors
9 Financial Report
Shareholder and Investor Information
• Returned to full-year profitability
• Generated $1.9 billion in operating cash flow
• Implemented actions under the Turnaround Program
which will reduce cost base by $1.7 billion
• Brought 17 new products to market
• Together with Fuji Xerox, awarded 889 U.S. patents
putting us in top ten American companies
• Launched Xerox Lean Six Sigma, a powerful set of
tools aimed at driving improved results
2002 at a Glance
IBC