Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2011

Compensation and Retirement Disclosure [Abstract]

Pension, Defined Benefit Plans Assets Measured Using Level 3 [Table Text Block]

The following table represents a roll-forward of the defined benefit plans assets measured using significant unobservable inputs (Level 3 assets):

	Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
	Real Estate			Private Equity/Venture Capital			Guaranteed Insurance Contracts			Hedge Funds			Other			Total
December 31, 2009	$	237		$	286		$	130		$	4		$	—		$	657
Purchases	41			30			1			—			—			72
Sales	(34		)	(38		)	(13		)	—			—			(85		)
Net transfers in from Level 1	—			—			1			—			—			1
Realized gains (losses)	5			28			(2		)	—			—			31
Unrealized gains (losses)	22			—			(2		)	—			—			20
Currency translation	(6		)	—			(9		)	—			—			(15		)
Other	10			1			(9		)	—			(1		)	1
December 31, 2010	275			307			97			4			(1		)	682
Purchases	69			30			3			—			—			102
Sales	(6		)	(61		)	(3		)	(1		)	—			(71		)
Net transfers in from Level 1	2			—			12			—			—			14
Net transfers in from Level 2	—			—			9			—			—			9
Realized gains (losses)	—			46			(1		)	—			—			45
Unrealized gains (losses)	18			(4		)	(4		)	—			—			10
Currency translation	(4		)	—			(3		)	—			—			(7		)
Other	(2		)	—			6			—			1			5
December 31, 2011	$	352		$	318		$	116		$	3		$	—		$	789

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

Aggregate information for pension plans with an Accumulated benefit obligation in excess of plan assets is presented below:

	December 31, 2011						December 31, 2010
	Underfunded		Unfunded		Total		Underfunded		Unfunded		Total
Projected benefit obligation	$	8,733	$	772	$	9,505	$	5,001	$	725	$	5,726
Accumulated benefit obligation	8,418		760		9,178		4,826		707		5,533
Fair value of plan assets	7,204		—		7,204		3,883		—		3,883

Schedule of Expected Benefit Payments [Table Text Block]

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid during the following years:

	Pension Benefits		Retiree Health
2012	$	781	$	80
2013	640		83
2014	627		82
2015	654		81
2016	664		80
Years 2017-2021	3,426		372

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

Benefit plans pre-tax amounts recognized in AOCL at December 31,:

	Pension Benefits						Retiree Health
	2011			2010			2011			2010
Net actuarial loss	$	2,552		$	1,867		$	70		$	54
Prior service (credit)	(37		)	(167		)	(163		)	(200		)
Total Pre-tax Loss (Gain)	$	2,515		$	1,700		$	(93	)	$	(146	)

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

As of the 2011 and 2010 measurement dates, the global pension plan assets were $8.3 billion and $7.9 billion, respectively. These assets were invested among several asset classes. Our common stock represents approximately $50 or 0.6% of total plan assets at December 31, 2011.

The following table presents the defined benefit plans assets measured at fair value at December 31, 2011 and the basis for that measurement:

	Valuation Based On:
Asset Class	Quoted Prices in Active Markets for Identical Asset (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total Fair Value December 31, 2011			% of Total
Cash and Cash Equivalents	$	578		$	—		$	—	$	578		7%
Equity Securities:
U.S. Large Cap	511			50			—		561			7%
Xerox Common Stock	50			—			—		50			1%
U.S. Mid Cap	90			—			—		90			1%
U.S. Small Cap	83			89			—		172			2%
International Developed	1,209			481			—		1,690			21%
Emerging Markets	297			54			—		351			4%
Global Equity	7			17			—		24			—%
Total Equity Securities	2,247			691			—		2,938			36%
Debt Securities:
U.S. Treasury Securities	9			416			—		425			5%
Debt Security Issued by Government Agency	64			1,407			—		1,471			18%
Corporate Bonds	150			1,470			—		1,620			20%
Asset Backed Securities	2			61			—		63			—%
Total Debt Securities	225			3,354			—		3,579			43%
Common/Collective Trust	3			—			—		3			—%
Derivatives:
Interest Rate Contracts	18			103			—		121			1%
Foreign Exchange Contracts	14			(1		)	—		13			—%
Equity Contracts	23			—			—		23			—%
Other Contracts	64			—			—		64			1%
Total Derivatives	119			102			—		221			2%
Hedge Funds	—			—			3		3			—%
Real Estate	67			132			352		551			7%
Private Equity/Venture Capital	—			—			318		318			4%
Guaranteed Insurance Contracts	—			—			116		116			1%
Other(1)	(48		)	18			—		(30		)	—%
Total Defined Benefit Plans Assets	$	3,191		$	4,297		$	789	$	8,277		100%

(1) Other Level 1 assets include net non-financial liabilities of $(54) such as due to/from broker, interest receivables and accrued expenses.

Components of Net Periodic Benefit Cost and Other Changes in Plan Assets and Benefit Obligations [Table Text Block]

The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:

	Year Ended December 31,
	Pension Benefits									Retiree Health
	2011			2010			2009			2011			2010			2009
Components of Net Periodic Benefit Costs:
Service cost	$	186		$	178		$	173		$	8		$	8		$	7
Interest cost(1)	612			575			508			47			54			60
Expected return on plan assets(2)	(647		)	(570		)	(523		)	—			—			—
Recognized net actuarial loss	72			71			25			—			—			—
Amortization of prior service credit	(23		)	(22		)	(21		)	(41		)	(30		)	(41		)
Recognized settlement loss	84			72			70			—			—			—
Recognized curtailment gain	(107		)	—			—			—			—			—
Defined Benefit Plans	177			304			232			14			32			26
Defined contribution plans	66			51			38			—			—			—
Net periodic benefit cost	243			355			270			14			32			26
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income:
Net actuarial loss	852			198			8			25			13			126
Prior service (credit)	(2		)	(19		)	—			(3		)	(86		)	1
Amortization of net actuarial (loss)	(153		)	(143		)	(95		)	—			—			—
Amortization of net prior service credit	23			22			21			41			30			41
Curtailment gain - recognition of net prior service credit	107			—			—			—			—			—
Total recognized in Other Comprehensive Income	827			58			(66		)	63			(43		)	168
Total recognized in Net Periodic Benefit Cost and Other Comprehensive Income	$	1,070		$	413		$	204		$	77		$	(11	)	$	194

_____________________________

(1) Interest cost includes interest expense on non-TRA obligations of $388, $381 and $390 and interest expense directly allocated to TRA participant accounts of $224, $194 and $118 for the years ended December 31, 2011, 2010 and 2009, respectively.

(2) Expected return on plan assets includes expected investment income on non-TRA assets of $423, $376 and $405 and actual investment income on TRA assets of $224, $194 and $118 for the years ended December 31, 2011, 2010 and 2009, respectively.

Summary of the Components of the Net Change in Benefit Plans Included within Other Comprehensive Income [Table Text Block]

We sponsor numerous pension and other post-retirement benefit plans, primarily retiree health, in our domestic and international operations. December 31 is the measurement date for all of our post-retirement benefit plans.

	Pension Benefits						Retiree Health
	2011			2010			2011			2010
Change in Benefit Obligation:
Benefit obligation, January 1	$	9,731		$	9,194		$	1,006		$	1,102
Service cost	186			178			8			8
Interest cost	612			575			47			54
Plan participants' contributions	10			11			33			26
Plan amendments(3)	(2		)	(19		)	(4		)	(86		)
Actuarial loss	916			477			26			13
Acquisitions(2)	—			140			—			1
Currency exchange rate changes	(85		)	(154		)	(3		)	6
Curtailments	—			(1		)	—			—
Benefits paid/settlements	(870		)	(670		)	(106		)	(118		)
Other	7			—			—			—
Benefit Obligation, December 31	$	10,505		$	9,731		$	1,007		$	1,006
Change in Plan Assets:
Fair value of plan assets, January 1	7,940			$	7,561		$	—		$	—
Actual return on plan assets	694			846			—			—
Employer contribution	556			237			73			92
Plan participants' contributions	10			11			33			26
Acquisitions(2)	—			107			—			—
Currency exchange rate changes	(57		)	(144		)	—			—
Benefits paid/settlements	(870		)	(669		)	(106		)	(118		)
Other	4			(9		)	—			—
Fair Value of Plan Assets, December 31	$	8,277		$	7,940		$	—		$	—
Net Funded Status at December 31(1)	$	(2,228	)	$	(1,791	)	$	(1,007	)	$	(1,006	)
Amounts Recognized in the Consolidated Balance Sheets:
Other long-term assets	$	76		$	92		$	—		$	—
Accrued compensation and benefit costs	(45		)	(44		)	(82		)	(86		)
Pension and other benefit liabilities	(2,259		)	(1,839		)	—			—
Post-retirement medical benefits	—			—			(925		)	(920		)
Net Amounts Recognized	$	(2,228	)	$	(1,791	)	$	(1,007	)	$	(1,006	)

(1) Includes under-funded and non-funded plans.

(2) Primarily ACS's acquired balances.

(3) Refer to the “Plan Amendment” section for additional information.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents the defined benefit plans assets measured at fair value at December 31, 2010 and the basis for that measurement:

	Valuation Based On:
Asset Class	Quoted Prices in Active Markets for Identical Asset (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value December 31, 2010			% of Total
Cash and Cash Equivalents	$	640	$	—		$	—		$	640		8	%
Equity Securities:
U.S. Large Cap	507		54			—			561			7	%
U.S. Mid Cap	84		—			—			84			1	%
U.S. Small Cap	60		62			—			122			2	%
International Developed	1,513		514			—			2,027			26	%
Emerging Markets	324		—			—			324			4	%
Global Equity	8		25			—			33			—	%
Total Equity Securities	2,496		655			—			3,151			40	%
Debt Securities:
U.S. Treasury Securities	4		209			—			213			3	%
Debt Security Issued by Government Agency	75		1,011			—			1,086			14	%
Corporate Bonds	167		1,412			—			1,579			20	%
Asset Backed Securities	2		15			—			17			—	%
Total Debt Securities	248		2,647			—			2,895			37	%
Common/Collective Trust	4		69			—			73			1	%
Derivatives:
Interest Rate Contracts	—		123			—			123			2	%
Foreign Exchange Contracts	5		(12		)	—			(7		)	—	%
Equity Contracts	—		53			—			53			—	%
Other Contracts	66		3			—			69			1	%
Total Derivatives	71		167			—			238			3	%
Hedge Funds	—		2			4			6			—	%
Real Estate	103		73			275			451			6	%
Private Equity/Venture Capital	—		—			308			308			4	%
Guaranteed Insurance Contracts	—		—			96			96			1	%
Other(1)	34		49			(1		)	82			—	%
Total Defined Benefit Plans Assets	$	3,596	$	3,662		$	682		$	7,940		100	%

(1)     Other Level 1 assets include net non-financial assets of $27 such as due to/from broker, interest receivables and accrued expenses.

Pension Assets and Benefit Obligation by Country [Table Text Block]

Our pension plan assets and benefit obligations at December 31, 2011 were as follows:

(in billions)	Fair Value of Pension Plan Assets		Pension Benefit Obligations		Net Funded Status
U.S. funded	$	3.3	$	4.3	$	(1.0	)
U.S. unfunded	—		0.3		(0.3		)
Total U.S.	$	3.3	$	4.6	$	(1.3	)
U.K.	3.0		3.3		(0.3		)
Canada	0.6		0.8		(0.2		)
Other funded	1.4		1.3		0.1
Other unfunded	—		0.5		(0.5		)
Total	$	8.3	$	10.5	$	(2.2	)

Schedule of Allocation of Plan Assets [Table Text Block]

The target asset allocations for our worldwide plans were:

	2011	2010
Equity investments	41%	42%
Fixed income investments	45%	45%
Real estate	7%	7%
Private equity	4%	4%
Other	3%	2%
Total Investment Strategy	100%	100%

Schedule of Assumptions Used [Table Text Block]

Weighted-average assumptions used to determine benefit obligations at the plan measurement dates:

	Pension Benefits						Retiree Health
	2011		2010		2009		2011		2010		2009
Discount rate	4.7	%	5.2	%	5.7	%	4.5	%	4.9	%	5.4	%
Rate of compensation increase	3.1	%	3.1	%	3.6	%	n/a(1)		n/a(1)		n/a(1)

(1) Rate of compensation increase is not applicable to the retiree health benefits as compensation levels do not impact earned benefits.

Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31:

	Pension Benefits								Retiree Health
	2012		2011		2010		2009		2012		2011		2010		2009
Discount rate	4.7	%	5.2	%	5.7	%	6.3	%	4.5	%	4.9	%	5.4	%	6.3	%
Expected return on plan assets	6.9	%	7.2	%	7.3	%	7.4	%	n/a(1)		n/a(1)		n/a(1)		n/a(1)
Rate of compensation increase	3.1	%	3.1	%	3.6	%	3.9	%	n/a(2)		n/a(2)		n/a(2)		n/a(2)

(1) Expected return on plan assets is not applicable to retiree health benefits as these plans are not funded.

(2) Rate of compensation increase is not applicable to retiree health benefits as compensation levels do not impact earned benefits.

Schedule of Health Care Cost Trend Rates [Table Text Block]

Assumed health care cost trend rates were as follows:

	December 31,
	2011		2010
Health care cost trend rate assumed for next year	8.5	%	9.0	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.9	%	4.9	%
Year that the rate reaches the ultimate trend rate	2017		2017

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects:

	1% increase		1% decrease
Effect on total service and interest cost components	$	5	$	(4	)
Effect on post-retirement benefit obligation	89		(72		)