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Earnings per Share - Computation of Basic and Diluted Earnings (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Basic Earnings per Share        
Net Income from Continuing Operations Attributable to Xerox Holdings $ 27 $ 141 $ 25 $ 225
Accrued dividends on preferred stock (3) (3) (7) (7)
Adjusted Net income from continuing operations available to common shareholders 24 138 18 218
Income from discontinued operations attributable to Xerox Holdings, net of tax 0 40 0 89
Adjusted Net income available to common shareholders $ 24 $ 178 $ 18 $ 307
Weighted average common shares outstanding (in shares) 212,949 223,606 212,852 226,040
Basic (loss) earnings per share, continuing operations (USD per share) $ 0.11 $ 0.62 $ 0.08 $ 0.97
Basic (loss) earnings per share, discontinued operations (USD per share) 0 0.17 0 0.39
Basic (loss) earnings per share (USD per share) $ 0.11 $ 0.79 $ 0.08 $ 1.36
Diluted Earnings per Share        
Net Income from Continuing Operations Attributable to Xerox Holdings $ 27 $ 141 $ 25 $ 225
Accrued dividends on preferred stock (3) 0 (7) (7)
Adjusted Net income from continuing operations available to common shareholders 24 141 18 218
Income from discontinued operations attributable to Xerox Holdings, net of tax 0 40 0 89
Adjusted Net income available to common shareholders $ 24 $ 181 $ 18 $ 307
Weighted average common shares outstanding (in shares) 212,949 223,606 212,852 226,040
Common shares issuable with respect to:        
Adjusted Weighted average common shares outstanding (in shares) 215,567 235,279 216,014 230,710
Diluted (loss) earnings per share, continuing operations (USD per share) $ 0.11 $ 0.60 $ 0.08 $ 0.94
Diluted (loss) earnings per share, discontinued operations (USD per share) 0 0.17 0 0.38
Diluted (loss) earnings per share (USD per share) $ 0.11 $ 0.77 $ 0.08 $ 1.32
Stock options        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 65 30 34
Restricted stock and performance shares        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 2,618 4,866 3,132 4,636
Convertible preferred stock        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 6,742 0 0