Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Other Comprehensive Income (Loss) is comprised of the following:


	Three Months Ended September 30,								Nine Months Ended September 30,
	2020				2019				2020				2019
	Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation adjustments gains (losses)	$	176	$	179	$	(153)	$	(155)	$	(2)	$	7	$	(121)	$	(122)
Unrealized gains (losses)
Changes in fair value of cash flow hedges gains	1		1		4		4		5		4		10		8
Changes in cash flow hedges reclassed to earnings(1)	—		—		(3)		(3)		(1)		—		(6)		(5)

Net Unrealized gains	1		1		1		1		4		4		4		3

Defined benefit plans (losses) gains
Net actuarial/prior service (losses) gains	(77)		(58)		(126)		(95)		9		6		(162)		(122)
Prior service amortization(2)	(20)		(15)		(19)		(14)		(59)		(44)		(59)		(44)
Actuarial loss amortization/settlement(2)	31		23		34		26		104		79		123		93
Fuji Xerox changes in defined benefit plans, net(3)	—		—		(3)		(3)		—		—		(1)		(1)
Other (losses) gains(4)	(42)		(42)		38		38		1		1		36		36
Changes in defined benefit plans (losses) gains	(108)		(92)		(76)		(48)		55		42		(63)		(38)

Other Comprehensive Income (Loss)	69		88		(228)		(202)		57		53		(180)		(157)
Less: Other comprehensive income attributable to noncontrolling interests	—		—		1		1		—		—		1		1
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox	$	69	$	88	$	(229)	$	(203)	$	57	$	53	$	(181)	$	(158)

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(1)Reclassified to Cost of sales - refer to Note 14 - Financial Instruments for additional information regarding our cash flow hedges.

(2)Reclassified to Total Net Periodic Benefit Cost - refer to Note 16 - Employee Benefit Plans for additional information.

(3)Represents our share of Fuji Xerox's benefit plan changes.

(4)Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.

Accumulated Other Comprehensive Loss (AOCL)

AOCL is comprised of the following:


	September 30, 2020		December 31, 2019
Cumulative translation adjustments	$	(1,954)	$	(1,961)
Other unrealized gains (losses), net	2		(2)
Benefit plans net actuarial losses and prior service credits	(1,641)		(1,683)
Total Accumulated other comprehensive loss attributable to Xerox Holdings/Xerox	$	(3,593)	$	(3,646)