Investment in Affiliates, at Equity (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Fuji Xerox	$	26	$	36	$	81	$	89
Other investments	4		4		9		11
Total Equity in Net Income of Unconsolidated Affiliates	$	30	$	40	$	90	$	100

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 September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Summary of Operations:
Revenues	$	2,508	$	2,701	$	7,392	$	7,793
Costs and expenses	2,383		2,480		6,926		7,252
Income before income taxes	125		221		466		541
Income tax expense	41		68		117		159
Net Income	84		153		349		382
Less: Net income – noncontrolling interests	1		2		3		6
Net Income – Fuji Xerox	$	83	$	151	$	346	$	376
Weighted Average Exchange Rate(1)	110.90		102.44		111.92		108.64

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