SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549






                                  SCHEDULE 13G



             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934



                                    NCR Corp.
                                ----------------
                                (Name of Issuer)



                                     Common
                         ------------------------------
                         (Title of Class of Securities)



                                   62886E-10-8
                                 --------------
                                 (CUSIP Number)









                                Page 1 of 5 Pages











                                                                    SCHEDULE 13G

CUSIP No.  62886E-10-8
- ----------------------
1)       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Lazard Freres & Co. LLC
- --------------------------------------------------------------------------------
2)       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (a)   |_|

                                                                      (b)   |_|
- --------------------------------------------------------------------------------
3)       SEC USE ONLY

- --------------------------------------------------------------------------------
4)       CITIZENSHIP OR PLACE OF ORGANIZATION

         New York
- --------------------------------------------------------------------------------
                           5)       SOLE VOTING POWER

         NUMBER                     3,974,964
                           -----------------------------------------------------
         OF                6)       SHARED VOTING POWER
         SHARES
         BENEFICIALLY               None
                           -----------------------------------------------------
         OWNED BY          7)       SOLE DISPOSITIVE POWER
         EACH
         REPORTING                  5,400,649
                           -----------------------------------------------------
         PERSON            8)       SHARED DISPOSITIVE POWER
         WITH                       None
- --------------------------------------------------------------------------------
9)       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         5,400,649
- --------------------------------------------------------------------------------
10)      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                            |_|
- --------------------------------------------------------------------------------
11)      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         5.26%
- --------------------------------------------------------------------------------
12)      TYPE OF REPORTING PERSON

         IA
- --------------------------------------------------------------------------------






                                  Schedule 13G
                                  ------------

Item 1(a).                 Name of Issuer:

NCR Corp.

Item 1(b).                 Address of Issuer's Principal Executive Offices:

1700 S. Patterson Blvd.
Corp. Policies WHQ-3
Dayton, Ohio 45479

Item 2(a).                 Name of Person Filing:

Lazard Freres & Co. LLC

Item 2(b).                 Address of Principal Business Office or, if None,
                           Residence:

30 Rockefeller Plaza
New York, New York  10020

Item 2(c).                 Citizenship:

New York Limited Liability Company

Item 2(d).                 Title of Class of Securities:

Common Stock

Item 2(e).                 CUSIP Number:   62886E-10-8

Item 3.                    If this statement is filed pursuant to Rules
                           13d-1(b), or 13d-2(b), check whether the person
                           filing is a:

         |_| (a) Broker or Dealer Registered Under Section 15 of the Act

         |_| (e) Investment Adviser registered under section 203 of the
                 Investment Advisers Act of 1940

Item 4.                    Ownership.

         (a) Amount beneficially owned: 5,400,649

         (b) percent of class: 5.26%

         (c) Number of shares as to which such person has:








                  (i)   Sole power to vote or to direct the vote: 3,974,964

                  (ii)  Shared power to vote or to direct the vote: None

                  (iii) Sole power to dispose or to direct the  disposition  of:
                        5,400,649

                  (iv)  Shared power to dispose or to direct the disposition of:
                        None

Item 5.           Ownership of Five Percent or Less of a Class.

                  Not applicable

Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person.

                  Clients  of the  Reporting  Person  have the right to  receive
dividends and proceeds of sale of the securities  reported on this Schedule.  To
the knowledge of the Reporting  Person,  no such person has an interest relating
to more than five percent of the class of such securities.

Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company.

                  Not applicable

Item 8.           Identification and Classification of Members of the Group.

                  Not applicable

Item 9.           Notice of Dissolution of Group.

                  Not applicable

Item 10.          Certification.

                  By signing  below I certify  that, to the best of my knowledge
and  belief,  the  securities  referred to above were  acquired in the  ordinary
course of business  and were not acquired for the purpose of and do not have the
effect of changing or influencing  the control of the issuer of such  securities
and were not acquired in connection  with or as a participant in any transaction
having such purposes or effect.







                                    SIGNATURE
                                    ---------

         After  reasonable  inquiry and to the best  knowledge and belief of the
undersigned,  the  undersigned  certifies that the information set forth in this
Statement is true, complete and correct.


Date:    February 13, 1998


                                            /s/ Donald E. Klein
                                            ------------------------------------
                                            Donald E. Klein
                                            Vice President