Segment and Geographic Area Reporting

12 Months Ended

Dec. 31, 2019

Segment Discussion

We manage our operations on a geographic basis and are primarily organized from a sales perspective on the basis of “go-to-market” sales channels. These sales channels are structured to serve a range of customers for our products and services. As a result of this structure, we concluded that we have one operating and reportable segment - the design, development and sale of document management systems and solutions. Our chief executive officer was identified as the chief operating decision maker (“CODM”). All of the company’s activities are interrelated, and each activity is dependent upon and supportive of the other, including product development, supply chain and back-office support services. In addition, all significant operating decisions, by management and the Board, are largely based upon the analysis of Xerox Holdings and Xerox on a total company basis, including assessments related to our incentive compensation plans.

Geographic Area Data

Geographic area data is based upon the location of the subsidiary reporting the revenue or long-lived assets and is as follows:



	Revenues						Long-Lived Assets ⁽¹⁾
	Year Ended December 31,						As of December 31,
	2019		2018		2017		2019		2018
United States	$	5,429	$	5,610	$	5,790	$	769	$	670
Europe	2,326		2,625		2,697		305		277
Other areas	1,311		1,427		1,504		157		147
Total	$	9,066	$	9,662	$	9,991	$	1,231	$	1,094

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(1)

Long-lived assets are comprised of (i) Land, buildings and equipment, net, (ii) Equipment on operating leases, net, (iii) Leased right-of-use (ROU) assets, net, (2019 only) and (iv) Internal use software, net.