Every vector decomposes as , where and . If lies in both the image and kernel, write to obtain . Thus
and is the projection onto its image along its kernel. It is the identity on its image and zero on its kernel. Let and . A basis adapted to this direct sum gives matrix . Since is not the identity, , and therefore
In the adapted basis from part (a), the matrix has diagonal entries equal to one and equal to zero. With the characteristic polynomial convention ,
The characteristic polynomial is independent of the choice of basis.
If with , applying gives , hence . The kernel is nonzero since , so zero always occurs. One occurs exactly when the image is nonzero. Thus the eigenvalue set is if , and otherwise. Their algebraic multiplicities are and respectively.
The polynomial annihilates by idempotence, so the minimal polynomial divides it. If , its monic polynomial of smallest positive degree is . If , both eigenvalues zero and one occur, so both factors must divide every annihilating polynomial. Therefore

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