Supplementary Financial Information

12 Months Ended

Dec. 31, 2019

Supplemental Financial Information [Abstract]

The components of Other assets and liabilities were as follows:



	December 31,
	2019		2018
Other Current Assets
Income taxes receivable	$	27	$	14
Royalties, license fees and software maintenance	25		20
Restricted cash	—		1
Prepaid expenses	29		31
Derivative instruments	2		15
Advances and deposits	30		28
Other	88		82
Total Other Current Assets	$	201	$	191
Other Long-term Assets
Income taxes receivable	$	9	$	8
Prepaid pension costs	451		281
Derivative instruments	1		—
Internal use software, net	122		154
Restricted cash	55		63
Debt issuance costs, net	3		4
Customer contract costs, net	176		184
Operating lease right-of-use asset⁽¹⁾	319		—
Deferred compensation plan investments	19		16
Investments in affiliates, at equity⁽²⁾	46		43
Other	137		149
Total Other Long-term Assets	$	1,338	$	902
Accrued Expenses and Other Current Liabilities
Income taxes payable	$	7	$	33
Other taxes payable	79		77
Operating lease obligation⁽¹⁾	87		—
Financing lease obligation⁽¹⁾	2		—
Interest payable	38		41
Restructuring reserves	70		93
Restructuring related costs	37		—
Derivative instruments	8		1
Product warranties	6		5
Dividends payable	66		69
Distributor and reseller rebates/commissions	167		158
Unearned income and other revenue deferrals	158		155
Other	259		216
Total Accrued Expenses and Other Current Liabilities	$	984	$	848
Other Long-term Liabilities
Deferred taxes	$	37	$	51
Income taxes payable	64		18
Operating lease obligation⁽¹⁾	260		—
Finance lease obligation⁽¹⁾	5		—
Environmental reserves	9		9
Restructuring reserves	—		2
Other	137		189
Total Other Long-term Liabilities	$	512	$	269

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(1)	2019 amounts relate to the adoption of ASC 842, Leases effective January 1, 2019. Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies and Note 2 - Adoption of New Leasing Standard - Lessee for additional information.


(2)	Refer to Note 12 - Investments in Affiliates, at Equity for additional information.

Cash, Cash Equivalents and Restricted Cash

Restricted cash amounts were as follows:



	December 31,
	2019		2018
Cash and cash equivalents	$	2,740	$	1,081
Restricted cash
Litigation deposits in Brazil	55		61
Other restricted cash	—		3
Total Restricted Cash	55		64
Cash, cash equivalents and restricted cash of continuing operations	2,795		1,145
Cash, cash equivalents and restricted cash of discontinued operations	—		3
Cash, cash equivalents and restricted cash	$	2,795	$	1,148

Restricted cash primarily relates to escrow cash deposits made in Brazil associated with ongoing litigation. As more fully discussed in Note 21 - Contingencies and Litigation, various litigation matters in Brazil require us to make cash deposits to escrow as a condition of continuing the litigation. Restricted cash amounts are classified in our Consolidated Balance Sheets based on when the cash will be contractually or judicially released.

Restricted cash was reported in the Consolidated Balance Sheets as follows:



	December 31,
	2019		2018
Other current assets	$	—	$	1
Other long-term assets	55		63
Total Restricted cash	$	55	$	64

Pension and Other Benefit Liabilities



	December 31,
	2019		2018
Pension liabilities⁽¹⁾	$	1,616	$	1,386
Accrued compensation liabilities	69		73
Deferred compensation liabilities⁽²⁾	22		23
Pension and other benefit liabilities	$	1,707	$	1,482

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(1)	Refer to Note 19 - Employee Benefit Plans for additional information regarding pension liabilities.


(2)	As of December 31, 2019 and 2018, includes amounts measured at fair value on a recurring basis of $18 and $16, respectively, and amounts for executive deferred compensation of $4 and $7, respectively. Refer to Note 18 - Fair Value of Financial Assets and Liabilities for additional information regarding deferred compensation liabilities.

Summarized Cash Flow Information

Summarized cash flow information is as follows:



	Year Ended December 31,
	2019		2018		2017
Provision for receivables	$	49	$	40	$	46
Provision for inventory	24		30		27
Provision for product warranty	12		14		15
Depreciation of buildings and equipment	101		148		136
Depreciation and obsolescence of equipment on operating leases	225		249		265
Amortization of internal use software	59		81		65
Amortization of product software	—		—		4
Amortization of acquired intangible assets	45		48		53
Amortization of customer contract costs⁽¹⁾	93		100		4
Cost of additions to land, buildings and equipment	41		55		69
Cost of additions to internal use software	24		35		36
Common stock dividends - Xerox Holdings	229		255		274
Preferred stock dividends - Xerox Holdings	14		14		17
Payments to noncontrolling interests	14		17		18
Repurchases related to stock-based compensation - Xerox Holdings	28		9		15

__________________________

(1)

Amortization of customer contract costs for the years ended December 31, 2019 and 2018 is reported in (Increase) decrease in other current and long-term assets on the Consolidated Statements of Cash Flows. Refer to Note 4 - Revenue - Contract Costs for additional information.