Investment in Affiliates, at Equity (Tables)

3 Months Ended

Mar. 31, 2014

Equity Method Investments and Joint Ventures [Abstract]

Equity in net income (loss) of unconsolidated affiliates

Our equity in net income of our unconsolidated affiliates was as follows:

	Three Months Ended March 31,
	2014		2013
Fuji Xerox	$	39	$	44
Other investments	3		3
Total Equity in Net Income of Unconsolidated Affiliates	$	42	$	47

Condensed financial data of Fuji Xerox

Condensed financial data of Fuji Xerox was as follows:

	Three Months Ended March 31,
	2014		2013
Summary of Operations:
Revenues	$	3,021	$	3,028
Costs and expenses	2,801		2,784
Income before income taxes	220		244
Income tax expense	58		61
Net Income	162		183
Less: Net income – noncontrolling interests	1		1
Net Income – Fuji Xerox	$	161	$	182
Weighted Average Exchange Rate(1)	102.67		92.64

_____________________________

(1) Represents Yen/U.S. Dollar exchange rate used to translate.