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In millions except for per-share data %% %%
%% 1st Qtr. Dec. 31 1997 1996
Revenues 8,724 7,938
Net income (loss) a792 859
Per share (basic) 1.23 1.35
Per share (diluted) 1.21 1.35
Avg. shares 653.0 638.3
a–Includes a one-time, after-tax charge of $427 million related to in-process research and development purchased related to the company’s acquisition of Livingston Enterprises Inc. and a one-time, after-tax gain of $95 million on the sale of its Advanced Technology Systems business. Excluding those items, net income for the first quarter of 1997 was $1.1 billion, or $1.75 a share basic and $1.72 a share diluted. %%
