Shareholders Equity

6 Months Ended

Jun. 30, 2012

Shareholders’ Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Shareholders’ Equity

	Common Stock			Additional Paid-in Capital			Treasury Stock			Retained Earnings			AOCL(1)			Xerox Shareholders’ Equity			Non- controlling Interests			Total Equity
Balance at December 31, 2011	$	1,353		$	6,317		$	(124	)	$	7,046		$	(2,716	)	$	11,876		$	149		$	12,025
Comprehensive income (loss), net	—			—			—			578			(162		)	416			14			430
Cash dividends declared-common stock(2)	—			—			—			(116		)	—			(116		)	—			(116		)
Cash dividends declared-preferred stock(3)	—			—			—			(12		)	—			(12		)	—			(12		)
Contribution of common stock to U.S. pension plan(4)	15			115			—			—			—			130			—			130
Stock option and incentive plans	2			72			—			—			—			74			—			74
Tax loss on stock option and incentive plans, net	—			(1		)	—			—			—			(1		)	—			(1		)
Payments to acquire treasury stock, including fees	—			—			(357		)	—			—			(357		)	—			(357		)
Cancellation of treasury stock	(22		)	(156		)	178			—			—			—			—			—
Distributions to noncontrolling interests	—			—			—			—			—			—			(27		)	(27		)
Balance at June 30, 2012	$	1,348		$	6,347		$	(303	)	$	7,496		$	(2,878	)	$	12,010		$	136		$	12,146

	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL(1)			Xerox Shareholders’ Equity			Non- controlling Interests			Total Equity
Balance at December 31, 2010	$	1,398	$	6,580	$	6,016		$	(1,988	)	$	12,006		$	153		$	12,159
Comprehensive income, net	—		—		600			413			1,013			16			1,029
Cash dividends declared-common stock(2)	—		—		(122		)	—			(122		)	—			(122		)
Cash dividends declared-preferred stock(3)	—		—		(12		)	—			(12		)	—			(12		)
Stock option and incentive plans	5		88		—			—			93			—			93
Tax benefit on stock option and incentive plans, net	—		2		—			—			2			—			2
Distributions to noncontrolling interests	—		—		—			—			—			(10		)	(10		)
Other	—		—		—			—			—			2			2
Balance at June 30, 2011	$	1,403	$	6,670	$	6,482		$	(1,575	)	$	12,980		$	161		$	13,141

_____________________________

(1) Refer to Note 14- Comprehensive Income for components of AOCL.

(2) Cash dividends declared on common stock of $0.0425 per share in each quarter of 2012 and 2011.

(3) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2012 and 2011.

(4) Refer to Note 12 - Employee Benefit Plans for additional information.

Treasury Stock

The following is a summary of the purchases of common stock made during the six months ended June 30, 2012 under our authorized stock repurchase programs (shares in thousands):

	Shares		Amount
December 31, 2011	15,508		$	124
Purchases (1)	47,429		357
Cancellations	(22,098	)	(178		)
June 30, 2012	40,839		$	303

____________________________

(1) Includes associated fees.