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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets, Current [Abstract]    
Cash and cash equivalents $ 1,203 $ 1,368
Accounts receivable, net 2,477 2,319
Billed portion of finance receivables, net 98 97
Finance receivables, net 1,295 1,315
Inventories 1,017 942
Other current assets 761 644
Total current assets 6,851 6,685
Finance receivables due after one year, net 2,508 2,576
Equipment on operating leases, net 484 495
Land, buildings and equipment, net 973 996
Investments in affiliates, at equity 1,471 1,389
Intangible assets, net 1,605 1,765
Goodwill 8,726 8,823
Other long-term assets 2,023 2,060
Total Assets 24,641 24,789
Liabilities, Current [Abstract]    
Short-term debt and current portion of long-term debt 2,029 985
Accounts payable 1,379 1,614
Accrued compensation and benefits costs 646 651
Unearned income 404 428
Other current liabilities 1,437 1,576
Total current liabilities 5,895 5,254
Long-term debt 5,355 6,354
Pension and other benefit liabilities 2,680 2,513
Post-retirement medical benefits 752 785
Other long-term liabilities 394 417
Total Liabilities 15,076 15,323
Commitments and Contingencies
Series A Convertible Preferred Stock 349 349
Common stock 1,013 1,013
Additional paid-in capital 3,047 3,017
Retained earnings 9,704 9,686
Accumulated other comprehensive loss (4,586) (4,642)
Xerox shareholders’ equity 9,178 9,074
Noncontrolling interests 38 43
Total Equity 9,216 9,117
Total Liabilities and Equity $ 24,641 $ 24,789
Shares of common stock issued and outstanding 1,013,304 1,012,836