Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 1,368	$ 1,411
Accounts receivable, net	2,319	2,652
Billed portion of finance receivables, net	97	110
Finance receivables, net	1,315	1,425
Inventories	942	934
Assets of discontinued operations	0	1,260
Other current assets	644	1,082
Total current assets	6,685	8,874
Finance receivables due after one year, net	2,576	2,719
Equipment on operating leases, net	495	525
Land, buildings and equipment, net	996	1,123
Investments in affiliates, at equity	1,389	1,338
Intangible assets, net	1,765	2,031
Goodwill	8,823	8,805
Other long-term assets	2,088	2,243
Total Assets	24,817	27,658
Liabilities and Equity
Short-term debt and current portion of long-term debt	985	1,427
Accounts payable	1,614	1,584
Accrued compensation and benefits costs	651	754
Unearned income	428	431
Liabilities of discontinued operations	0	371
Other current liabilities	1,576	1,509
Total current liabilities	5,254	6,076
Long-term debt	6,382	6,314
Pension and other benefit liabilities	2,513	2,847
Post-retirement medical benefits	785	865
Other long-term liabilities	417	454
Total Liabilities	$ 15,351	$ 16,556
Commitments and Contingencies
Series A Convertible Preferred Stock	$ 349	$ 349
Common stock	1,013	1,124
Additional paid-in capital	3,017	4,283
Treasury stock, at cost	0	(105)
Retained earnings	9,686	9,535
Accumulated other comprehensive loss	(4,642)	(4,159)
Xerox shareholders’ equity	9,074	10,678
Noncontrolling interests	43	75
Total Equity	9,117	10,753
Total Liabilities and Equity	$ 24,817	$ 27,658
Shares of common stock issued	1,012,836	1,124,354
Treasury stock	0	(7,609)
Shares of common stock outstanding	1,012,836	1,116,745