Shareholders Equity

3 Months Ended

Mar. 31, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity

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, 2012	$	1,239		$	5,622		$	(104	)	$	7,991		$	(3,227	)	$	11,521		$	143		$	11,664
Comprehensive income (loss), net	—			—			—			296			(268		)	28			4			32
Cash dividends declared- common stock(2)	—			—			—			(73		)	—			(73		)	—			(73		)
Cash dividends declared - preferred stock(3)	—			—			—			(6		)	—			(6		)	—			(6		)
Stock option and incentive plans, net	5			36			—			—			—			41			—			41
Payments to acquire treasury stock, including fees	—			—			(10		)	—			—			(10		)	—			(10		)
Cancellation of treasury stock	(16		)	(98		)	114			—			—			—			—			—
Distributions to noncontrolling interests	—			—			—			—			—			—			(2		)	(2		)
Balance at March 31, 2013	$	1,228		$	5,560		$	—		$	8,208		$	(3,495	)	$	11,501		$	145		$	11,646

	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	—			—			—			269			62			331			8			339
Cash dividends declared-common stock(2)	—			—			—			(59		)	—			(59		)	—			(59		)
Cash dividends declared-preferred stock(3)	—			—			—			(6		)	—			(6		)	—			(6		)
Contribution of common stock to U.S. pension plan(4)	15			115			—			—			—			130			—			130
Stock option and incentive plans, net	1			36			—			—			—			37			—			37
Payments to acquire treasury stock, including fees	—			—			(50		)	—			—			(50		)	—			(50		)
Cancellation of treasury stock	(21		)	(150		)	171			—			—			—			—			—
Distributions to noncontrolling interests	—			—			—			—			—			—			(25		)	(25		)
Balance at March 31, 2012	$	1,348		$	6,318		$	(3	)	$	7,250		$	(2,654	)	$	12,259		$	132		$	12,391

_____________________________

(1) Refer to Note 15 - Other Comprehensive Income for components of AOCL.

(2) Cash dividends declared on common stock of $0.0575 per share in the first quarter of 2013 and $0.0425 per share in first quarter of 2012.

(3) Cash dividends declared on preferred stock of $20.00 per share in the first quarter of 2013 and 2012.

(4) Refer to Note 13 - Employee Benefit Plans for additional information.

Treasury Stock

The following is a summary of the purchases of common stock made during the three months ended March 31, 2013 under our authorized stock repurchase programs (shares in thousands):

	Shares		Amount
December 31, 2012	14,924		$	104
Purchases (1)	1,360		10
Cancellations	(16,284	)	(114		)
March 31, 2013	—		$	—

____________________________

(1) Includes associated fees.