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Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 1,084 $ 1,293
Accounts receivable, net 1,276 1,357
Billed portion of finance receivables, net 105 112
Finance receivables, net 1,218 1,317
Inventories 818 915
Other current assets 194 236
Total current assets 4,695 5,230
Finance receivables due after one year, net 2,149 2,323
Equipment on operating leases, net 442 454
Land, buildings and equipment, net 499 629
Investments in affiliates, at equity 1,403 1,404
Intangible assets, net 220 268
Goodwill 3,867 3,930
Deferred tax assets 740 1,026
Other long-term assets 859 682
Total Assets 14,874 15,946
Liabilities and Equity    
Short-term debt and current portion of long-term debt 961 282
Accounts payable 1,091 1,108
Accrued compensation and benefits costs 349 444
Accrued expenses and other current liabilities 850 907
Total current liabilities 3,251 2,741
Long-term debt 4,269 5,235
Pension and other benefit liabilities 1,482 1,595
Post-retirement medical benefits 350 662
Other long-term liabilities 269 206
Total Liabilities 9,621 10,439
Commitments and Contingencies (See Note 19)
Convertible Preferred Stock 214 214
Common stock 232 255
Additional paid-in capital 3,321 3,893
Treasury stock, at cost (55) 0
Retained earnings 5,072 4,856
Accumulated other comprehensive loss (3,565) (3,748)
Xerox shareholders’ equity 5,005 5,256
Noncontrolling interests 34 37
Total Equity 5,039 5,293
Total Liabilities and Equity $ 14,874 $ 15,946
Shares of common stock issued 231,690 254,613
Treasury stock (2,067) 0
Shares of common stock outstanding 229,623 254,613