Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2018



	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL⁽⁴⁾			Xerox Shareholders’ Equity			Non-controlling Interests			Total Equity
Balance at December 31, 2017	$	255	$	3,893	$	4,856		$	(3,748	)	$	5,256		$	37		$	5,293
Cumulative effect of change in accounting principle⁽¹⁾	—		—		117			—			117			—			117
Comprehensive income, net	—		—		23			211			234			3			237
Cash dividends declared - common⁽²⁾	—		—		(65		)	—			(65		)	—			(65		)
Cash dividends declared - preferred⁽³⁾	—		—		(4		)	—			(4		)	—			(4		)
Stock option and incentive plans, net	—		15		—			—			15			—			15
Distributions to noncontrolling interests	—		—		—			—			—			(11		)	(11		)
Balance at March 31, 2018	$	255	$	3,908	$	4,927		$	(3,537	)	$	5,553		$	29		$	5,582



	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL⁽⁴⁾			Xerox Shareholders’ Equity			Non- controlling Interests			Total Equity
Balance at December 31, 2016	$	254	$	3,858	$	4,934		$	(4,337	)	$	4,709		$	38		$	4,747
Comprehensive income, net	—		—		40			166			206			3			209
Cash dividends declared - common⁽²⁾	—		—		(64		)	—			(64		)	—			(64		)
Cash dividends declared - preferred⁽³⁾	—		—		(4		)	—			(4		)	—			(4		)
Stock option and incentive plans, net	—		6		—			—			6			—			6
Distributions to noncontrolling interests	—		—		—			—			—			(1		)	(1		)
Balance at March 31, 2017	$	254	$	3,864	$	4,906		$	(4,171	)	$	4,853		$	40		$	4,893

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(1)Refer to Note 3 - Adoption of New Revenue Recognition Standard for additional information.

(2)Cash dividends declared on common stock of $0.25 per share in the first quarter of 2018 and 2017.

(3)Cash dividends declared on preferred stock of $20.00 per share in the first quarter of 2018 and 2017.

(4)Refer to Note 17 - Other Comprehensive Income for components of AOCL.