Shareholders Equity (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Stockholders Equity [Table 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, net	—			—			—			860			170			1,030			20			1,050
Cash dividends declared-common stock⁽²⁾	—			—			—			(172		)	—			(172		)	—			(172		)
Cash dividends declared-preferred stock⁽³⁾	—			—			—			(18		)	—			(18		)	—			(18		)
Contribution of common stock to U.S. pension plan⁽⁴⁾	15			115			—			—			—			130			—			130
Stock option and incentive plans	17			76			—			—			—			93			—			93
Tax benefit on stock option and incentive plans, net	—			5			—			—			—			5			—			5
Payments to acquire treasury stock, including fees	—			—			(718		)	—			—			(718		)	—			(718		)
Cancellation of treasury stock	(63		)	(418		)	481			—			—			—			—			—
Distributions to noncontrolling interests	—			—			—			—			—			—			(29		)	(29		)
Balance at September 30, 2012	$	1,322		$	6,095		$	(361	)	$	7,716		$	(2,546	)	$	12,226		$	140		$	12,366



	Common Stock		Additional Paid-in Capital			Treasury Stock			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	—		—			—			920			102			1,022			25			1,047
Cash dividends declared-common stock⁽²⁾	—		—			—			(182		)	—			(182		)	—			(182		)
Cash dividends declared-preferred stock⁽³⁾	—		—			—			(18		)	—			(18		)	—			(18		)
Contribution of common stock to U.S. pension plan	17		113			—			—			—			130			—			130
Stock option and incentive plans	10		97			—			—			—			107			—			107
Tax loss on stock option and incentive plans, net	—		(2		)	—			—			—			(2		)	—			(2		)
Payments to acquire treasury stock, including fees	—		—			(309		)	—			—			(309		)	—			(309		)
Distributions to noncontrolling interests	—		—			—			—			—			—			(13		)	(13		)
Other	—		—			—			—			—			—			1			1
Balance at September 30, 2011	$	1,425	$	6,788		$	(309	)	$	6,736		$	(1,886	)	$	12,754		$	166		$	12,920

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(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.

Schedule of Treasury Stock by Class [Table Text Block]

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



	Shares		Amount
December 31, 2011	15,508		$	124
Purchases⁽¹⁾	97,309		718
Cancellations	(62,936	)	(481		)
September 30, 2012	49,881		$	361

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(1)	Includes associated fees.

- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

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