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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 2,740 $ 1,081
Accounts receivable, net 1,236 1,270
Billed portion of finance receivables, net 111 105
Finance receivables, net 1,158 1,218
Inventories 694 829
Assets of discontinued operations 0 19
Other current assets 201 191
Total current assets 6,140 4,713
Finance receivables due after one year, net 2,082 2,149
Equipment on operating leases, net 364 442
Land, buildings and equipment, net 426  
Land, buildings and equipment, net   498
Intangible assets, net 199 220
Goodwill 3,900 3,858
Deferred tax assets 598 740
Assets of discontinued operations 0 1,352
Other long-term assets 1,338 902
Total Assets 15,047 14,874
Liabilities and Equity    
Short-term debt and current portion of long-term debt 1,049 961
Accounts payable 1,053 1,073
Accrued compensation and benefits costs 349 348
Liabilities of discontinued operations 0 21
Accrued expenses and other current liabilities 984 848
Total current liabilities 3,435 3,251
Long-term debt 3,233 4,269
Pension and other benefit liabilities 1,707 1,482
Post-retirement medical benefits 352 350
Other long-term liabilities 512 269
Total Liabilities 9,239 9,621
Commitments and Contingencies (See Note 21)
Convertible Preferred Stock 214 214
Common stock 215 232
Additional paid-in capital 2,782 3,321
Treasury stock, at cost (76) (55)
Retained earnings 6,312 5,072
Accumulated other comprehensive loss (3,646) (3,565)
Xerox Holdings/Xerox shareholders’ equity 5,587 5,005
Noncontrolling interests 7 34
Total Equity 5,594 5,039
Total Liabilities and Equity $ 15,047 $ 14,874
Common stock issued (shares) 214,621,000 231,690,000
Treasure stock (shares) (2,031,000) (2,067,000)
Common stock outstanding (shares) 212,590,000 229,623,000
Xerox Corporation    
Assets    
Cash and cash equivalents $ 2,740 $ 1,081
Accounts receivable, net 1,236 1,270
Billed portion of finance receivables, net 111 105
Finance receivables, net 1,158 1,218
Inventories 694 829
Assets of discontinued operations 0 19
Other current assets 201 191
Total current assets 6,140 4,713
Finance receivables due after one year, net 2,082 2,149
Equipment on operating leases, net 364 442
Land, buildings and equipment, net 426  
Land, buildings and equipment, net   498
Intangible assets, net 199 220
Goodwill 3,900 3,858
Deferred tax assets 598 740
Assets of discontinued operations 0 1,352
Other long-term assets 1,338 902
Total Assets 15,047 14,874
Liabilities and Equity    
Short-term debt and current portion of long-term debt 1,049 961
Accounts payable 1,053 1,073
Accrued compensation and benefits costs 349 348
Liabilities of discontinued operations 0 21
Accrued expenses and other current liabilities 918 848
Total current liabilities 3,369 3,251
Long-term debt 3,233 4,269
Pension and other benefit liabilities 1,707 1,482
Post-retirement medical benefits 352 350
Other long-term liabilities 512 269
Total Liabilities 9,173 9,621
Commitments and Contingencies (See Note 21)
Convertible Preferred Stock 0 214
Common stock 0 232
Additional paid-in capital 3,266 3,321
Treasury stock, at cost 0 (55)
Retained earnings 6,247 5,072
Accumulated other comprehensive loss (3,646) (3,565)
Xerox Holdings/Xerox shareholders’ equity 5,867 5,005
Noncontrolling interests 7 34
Total Equity 5,874 5,039
Total Liabilities and Equity $ 15,047 $ 14,874
Common stock issued (shares) 100,000  
Common stock outstanding (shares) 100,000