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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Sales $ 6,578 $ 7,126 $ 7,234
Outsourcing, service and rentals 15,215 14,868 13,739
Finance income 597 [1] 632 [1] 660 [1]
Total Revenues 22,390 [1] 22,626 [1] 21,633 [1]
Costs and Expenses      
Cost of sales 4,362 4,697 4,741
Cost of outsourcing, service and rentals 10,802 10,269 9,195
Equipment financing interest 198 231 246
Research, development and engineering expenses 655 721 781
Selling, administrative and general expenses 4,288 4,497 4,594
Restructuring and asset impairment charges 153 33 483
Acquisition-related costs 0 0 77
Amortization of Intangible assets 328 398 312
Curtailment gain 0 107 0
Other expenses, net 256 322 389
Total Costs and Expenses 21,042 21,061 20,818
Income Before Income Taxes and Equity Income 1,348 1,565 815
Income tax expense 277 386 256
Equity in net income of unconsolidated affiliates 152 [1] 149 [1] 78 [1]
Net Income 1,223 1,328 637
Less: Net income attributable to noncontrolling interests 28 33 31
Net Income Attributable to Xerox $ 1,195 $ 1,295 $ 606
Basic Earnings per Share (in dollars per share) $ 0.90 $ 0.92 $ 0.44
Diluted Earnings per Share (in dollars per share) $ 0.88 $ 0.90 $ 0.43
[1] Asset information on a segment basis is not disclosed as this information is not separately identified and internally reported to our chief executive officer.