Shareholders Equity

3 Months Ended

Mar. 31, 2012

Shareholders’ Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Shareholders’ Equity

	Common Stock			Additional Paid-in Capital			Treasury Stock			Retained Earnings			AOCL(1)			Xerox Shareholders’ Equity			Non- controlling Interests			Total Equity
Balance at December 31, 2011	$	1,353		$	6,317		$	(124	)	$	7,046		$	(2,716	)	$	11,876		$	149		$	12,025
Comprehensive income, net	—			—			—			269			62			331			8			339
Cash dividends declared-common stock(2)	—			—			—			(59		)	—			(59		)	—			(59		)
Cash dividends declared-preferred stock(3)	—			—			—			(6		)	—			(6		)	—			(6		)
Contribution of common stock to U.S. pension plan(4)	15			115			—			—			—			130			—			130
Stock option and incentive plans	1			37			—			—			—			38			—			38
Tax loss on stock option and incentive plans, net	—			(1		)	—			—			—			(1		)	—			(1		)
Payments to acquire treasury stock, including fees	—			—			(50		)	—			—			(50		)	—			(50		)
Cancellation of treasury stock	(21		)	(150		)	171			—			—			—			—			—
Distributions to noncontrolling interests	—			—			—			—			—			—			(25		)	(25		)
Balance at March 31, 2012	$	1,348		$	6,318		$	(3	)	$	7,250		$	(2,654	)	$	12,259		$	132		$	12,391

	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL(1)			Xerox Shareholders’ Equity			Non- controlling Interests			Total Equity
Balance at December 31, 2010	$	1,398	$	6,580	$	6,016		$	(1,988	)	$	12,006		$	153		$	12,159
Comprehensive income, net	—		—		281			240			521			8			529
Cash dividends declared-common stock(2)	—		—		(61		)	—			(61		)	—			(61		)
Cash dividends declared-preferred stock(3)	—		—		(6		)	—			(6		)	—			(6		)
Stock option and incentive plans	3		45		—			—			48			—			48
Tax benefit on stock option and incentive plans, net	—		1		—			—			1			—			1
Distributions to noncontrolling interests	—		—		—			—			—			(6		)	(6		)
Balance at March 31, 2011	$	1,401	$	6,626	$	6,230		$	(1,748	)	$	12,509		$	155		$	12,664

_____________________________

(1) Refer to Note 15- Comprehensive Income for components of AOCL.

(2) Cash dividends declared on common stock of $0.0425 per share in each quarter of 2012 and 2011.

(3) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2012 and 2011.

(4) Refer to Note 13 - Employee Benefit Plans for additional information.

Treasury Stock

The following is a summary of the purchases of common stock made during the three months ended March 31, 2012 under our authorized stock repurchase programs (shares in thousands):

	Shares		Amount
December 31, 2011	15,508		$	124
Purchases (1)	6,100		50
Cancellations	(21,197	)	(171		)
March 31, 2012	411		$	3

____________________________

(1) Includes associated fees.