XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Correction of Fuji Xerox Misstatement in Prior Period Financial Statements(Tables)
 3 Months Ended
Mar. 31, 2018
Impact of Revisions [Line Items]  
Impact of Revisions [Table Text Block]
Revised Condensed Consolidated Statements of Income
The following tables reconcile selected lines from the company’s first quarter of 2017 Condensed Consolidated Statements of Income from the previously reported amounts to the revised amounts:
 
 
Three Months Ended March 31, 2017
 
 
As Reported
 
Adjustment
 
As Revised
Equity in net income of unconsolidated affiliates
 
$
16

 
$
24

 
$
40

Income from Continuing Operations
 
24

 
24

 
48

Net Income
 
18

 
24

 
42

Net Income Attributable to Xerox
 
16

 
24

 
40

 
 
 
 
 
 
 
Net income from continuing operations attributable to Xerox
 
$
22

 
$
24

 
$
46

 
 
 
 
 
 
 
Basic Earnings per Share:
 
 
 
 
 
 
Continuing operations
 
$
0.07

 
$
0.10

 
$
0.17

Total
 
$
0.05

 
$
0.09

 
$
0.14

 
 
 
 
 
 
 
Diluted Earnings per Share:
 
 
 
 
 
 
Continuing operations
 
$
0.07

 
$
0.09

 
$
0.16

Total
 
$
0.05

 
$
0.09

 
$
0.14



Revised Condensed Consolidated Statements of Comprehensive Income
The following tables reconcile selected lines from the company’s first quarter of 2017 Condensed Consolidated Statements of Comprehensive Income from the previously reported amounts to the revised amounts:
 
 
Three Months Ended March 31, 2017
 
 
As Reported
 
Adjustment
 
As Revised
Net Income
 
$
18

 
$
24

 
$
42

Net Income Attributable to Xerox
 
16

 
24

 
40

 
 
 
 
 
 
 
Translation adjustments, net
 
$
136

 
$
(3
)
 
$
133

Other Comprehensive Income, Net
 
170

 
(3
)
 
167

Other Comprehensive Income, Net Attributable to Xerox
 
169

 
(3
)
 
166

 
 
 
 
 
 
 
Comprehensive Income, Net
 
$
188

 
$
21

 
$
209

Comprehensive Income, Net Attributable to Xerox
 
185

 
21

 
206


Revised Condensed Consolidated Statements of Cash Flows from Operations
The revision did not have an impact on the company’s operating cash flows. The following table reconciles selected lines from the company’s first quarter of 2017 Condensed Consolidated Statements of Cash Flows from the previously reported amounts to the revised amounts:
 
 
Three Months Ended March 31, 2017

 
As Reported
 
Adjustment
 
As Revised
Cash Flows from Operating Activities:
 
 
 
 
 
 
Net Income
 
$
18

 
$
24

 
$
42

Income from Continuing Operations
 
24

 
24

 
48

 
 
 
 
 
 
 
Undistributed equity in net income of unconsolidated affiliates
 
$
(16
)
 
$
(24
)
 
$
(40
)