NCR Corporation discloses the following in notes to its \(200710-\mathrm{K}\) report.

a. Describe the difference between a spin-off and a split-off.

b. What effects did NCR's spin-off of Teradata have on NCR's balance sheet and income statement?

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Spin-off of Teradata Data Warehousing Business On September 30, 2007, NCR completed the spin-off of its Teradata Data Warehousing business through the distribution of a tax- free dividend to its stockholders. NCR distributed one share of common stock of Teradata Corporation (Teradata) for each share of NCR common stock to NCR stockholders of record as of the close of business on September 14, 2007. Upon the distribution of Teradata, NCR stockholders received 100% (approximately 181 million shares) of the common stock of Teradata, which is now an independent public company trading under the symbol "TDC" on the New York Stock Exchange.