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Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
AOCL(3)
 
Xerox
Shareholders’
Equity
 
Non-controlling
Interests
 
Total
Equity
Balance at December 31, 2016
$
1,014

 
$
3,098

 
$
5,039

 
$
(4,348
)
 
$
4,803

 
$
38

 
$
4,841

Comprehensive income, net
—

 
—

 
16

 
169

 
185

 
3

 
188

Cash dividends declared - common(1)
—

 
—

 
(64
)
 
—

 
(64
)
 
—

 
(64
)
Cash dividends declared - preferred(2)
—

 
—

 
(4
)
 
—

 
(4
)
 
—

 
(4
)
Stock option and incentive plans, net
3

 
3

 
—

 
—

 
6

 
—

 
6

Distributions to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
(1
)
 
(1
)
Balance at March 31, 2017
$
1,017

 
$
3,101

 
$
4,987

 
$
(4,179
)
 
$
4,926

 
$
40

 
$
4,966



As previously disclosed in Note 1 - Basis of Presentation, the historical statements of Shareholders' Equity were not revised to reflect the effect of the Separation and instead reflect the Separation as a final adjustment to the balances at December 31, 2016. Refer to Note 3 - Divestitures for additional information regarding the Separation.
 
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
AOCL(3)
 
Xerox
Shareholders’
Equity
 
Non-
controlling
Interests
 
Total
Equity
Balance at December 31, 2015
$
1,013

 
$
3,017

 
$
9,686

 
$
(4,642
)
 
$
9,074

 
$
43

 
$
9,117

Comprehensive income, net
—

 
—

 
34

 
88

 
122

 
2

 
124

Cash dividends declared - common(1)
—

 
—

 
(79
)
 
—

 
(79
)
 
—

 
(79
)
Cash dividends declared - preferred(2)
—

 
—

 
(6
)
 
—

 
(6
)
 
—

 
(6
)
Stock option and incentive plans, net
—

 
15

 
—

 
—

 
15

 
—

 
15

Distributions to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
(8
)
 
(8
)
Balance at March 31, 2016
$
1,013

 
$
3,032

 
$
9,635

 
$
(4,554
)
 
$
9,126

 
$
37

 
$
9,163

_____________________________
(1)
Cash dividends declared on common stock of $0.0625 per share in 2017 and $0.0775 per share in 2016.
(2)
Cash dividends declared on preferred stock of $20.00 per share in 2017 and 2016.
(3)
Refer to Note 14 - Other Comprehensive Income for components of AOCL.