Xerox 2007 Annual Report Download - page 37

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Xerox Annual Report 2007 35
Segment information
Our reportable segments are Production, Offi ce, Developing Markets Operations (DMO),
and Other. We present operating segment fi nancial information in Note 2-Segment
Reporting in the Consolidated Financial Statements, which we incorporate by reference
here. We have a very broad and diverse base of customers, both geographically and
demographically, ranging from SMB to graphic communications companies, governmental
entities, educational institutions and large (Fortune 1,000) corporate accounts. None
of our business segments depends upon a single customer, or a few customers, the loss
of which would have a material adverse effect on our business.
Beginning in 2008, we will not report DMO results in a separate segment, but will
include their results within our Offi ce, Production and Other segments. More details on
this change are included on page 68 within the Segment Reporting Change section
of the Management Discussion and Analysis in our 2007 Annual Report.
Reviews by business segment
(in millions)
■ $8,304 Offi ce
Our Offi ce segment serves global, national
and small to mid-size commercial customers
as well as government, education and other
public sector customers.
■ $4,771 Production
Our Production segment provides high-end
digital monochrome and color systems
designed for customers in the graphic
communications industry and for large
enterprises.
■ $2,155 DMO
DMO includes the marketing, sales, and
servicing of Xerox products, supplies, and
services in Latin America, Brazil, the Middle
East, India, Eurasia and Central-Eastern
Europe, and Africa.
■ $1,998 Other
The Other segment includes revenue primarily
from paper sales, wide-format systems,
value-added services and Global Imaging
Systems network integration solutions and
electronic presentation systems.