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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2016
Dec. 31, 2015
Assets, Current [Abstract]    
Cash and cash equivalents $ 1,189 $ 1,368
Accounts receivable, net 2,456 2,319
Billed portion of finance receivables, net 100 97
Finance receivables, net 1,307 1,315
Inventories 1,034 942
Other current assets 722 644
Total current assets 6,808 6,685
Finance receivables due after one year, net 2,565 2,576
Equipment on operating leases, net 489 495
Land, buildings and equipment, net 1,000 996
Investments in affiliates, at equity 1,432 1,389
Intangible assets, net 1,684 1,765
Goodwill 8,814 8,823
Other long-term assets 2,065 2,060
Total Assets 24,857 24,789
Liabilities, Current [Abstract]    
Short-term debt and current portion of long-term debt 2,029 985
Accounts payable 1,445 1,614
Accrued compensation and benefits costs 710 651
Unearned income 421 428
Other current liabilities 1,541 1,576
Total current liabilities 6,146 5,254
Long-term debt 5,359 6,354
Pension and other benefit liabilities 2,617 2,513
Post-retirement medical benefits 792 785
Other long-term liabilities 431 417
Total Liabilities $ 15,345 $ 15,323
Commitments and Contingencies
Series A Convertible Preferred Stock $ 349 $ 349
Common stock 1,013 1,013
Additional paid-in capital 3,032 3,017
Retained earnings 9,635 9,686
Accumulated other comprehensive loss (4,554) (4,642)
Xerox shareholders’ equity 9,126 9,074
Noncontrolling interests 37 43
Total Equity 9,163 9,117
Total Liabilities and Equity $ 24,857 $ 24,789
Shares of common stock issued and outstanding 1,013,002 1,012,836