Investment in Affiliates, at Equity (Tables)

6 Months Ended

Jun. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

Equity in net income of unconsolidated affiliates

Our Equity in net income of unconsolidated affiliates was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Fuji Xerox	$	18	$	23	$	55	$	53
Other investments	2		3		5		7
Total Equity in Net Income of Unconsolidated Affiliates	$	20	$	26	$	60	$	60

Summarized Financial Information Of Equity Investment - Fuji Xerox

The summarized financial data below for Fuji Xerox has likewise been revised accordingly to reflect the impact of those adjustments:

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Summary of Operations:
Revenues	$	2,325	$	2,450	$	4,884	$	5,092
Costs and expenses	2,191		2,316		4,543		4,772
Income before income taxes	134		134		341		320
Income tax expense	32		42		76		91
Net Income	102		92		265		229
Less: Net income – noncontrolling interests	1		2		2		4
Net Income – Fuji Xerox	$	101	$	90	$	263	$	225
Weighted Average Exchange Rate(1)	111.01		108.05		112.42		111.93

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