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Combined Business Basis(1) $ in millions 2017 2016
Orders $22,038 $21,106
Revenue $21,921 23,102
Operating Income $(233) $(1,266)
Adjusted Operating Income(2) $1,033 $611

“We made important progress on our three financial priorities of growing market share, increasing margin rates and generating better cash conversion, with a focus on maximizing total shareholder return.”

  • $22B1

    Combined orders up 4% year-over-year

  • $1B2

    Combined adjusted operating income up 69% year-over-year

  • $22B1

    Combined revenue down 5% year-over-year

1. All year-over-year comparisons are on a combined business basis which is a non-GAAP measure.
Please refer to the GAAP to non-GAAP measures table at the end of the downloadable Form 10-K for a reconciliation.

2. Adjusted operating income is a non-GAAP measure.
Please refer to the GAAP to non-GAAP measures table at the end of the downloadable Form 10-K for a reconciliation.