Condensed Consolidated Balance Sheets (Unaudited) - USD ($) shares in Thousands, $ in Millions		Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 3,242	$ 2,740
Accounts receivable (net of allowances of $63 and $55, respectively)	[1]	895	1,236
Billed portion of finance receivables (net of allowances of $4 and $3, respectively)	[1]	111	111
Finance receivables, net		1,066	1,158
Inventories		978	694
Other current assets		249	201
Total current assets		6,541	6,140
Finance receivables due after one year (net of allowances of $138 and $86, respectively)	[1]	1,899	2,082
Equipment on operating leases, net		301	364
Land, buildings and equipment, net		412	426
Intangible assets, net		240	199
Goodwill		3,996	3,900
Deferred tax assets		573	598
Other long-term assets		1,390	1,338
Total Assets		15,352	15,047
Liabilities and Equity
Short-term debt and current portion of long-term debt		1,218	1,049
Accounts payable		1,018	1,053
Accrued compensation and benefits costs		276	349
Accrued expenses and other current liabilities		815	984
Total current liabilities		3,327	3,435
Long-term debt		3,836	3,233
Pension and other benefit liabilities		1,675	1,707
Post-retirement medical benefits		336	352
Other long-term liabilities		512	512
Total Liabilities		9,686	9,239
Commitments and Contingencies (See Note 21)
Convertible Preferred Stock		214	214
Common stock		214	215
Additional paid-in capital		2,719	2,782
Treasury stock, at cost		(150)	(76)
Retained earnings		6,258	6,312
Accumulated other comprehensive loss		(3,593)	(3,646)
Xerox Holdings/Xerox shareholders’ equity		5,448	5,587
Noncontrolling interests		4	7
Total Equity		5,452	5,594
Total Liabilities and Equity		$ 15,352	$ 15,047
Shares of common stock issued		213,964	214,621
Treasury stock		(8,007)	(2,031)
Shares of Common Stock Outstanding		205,957	212,590
XEROX CORPORATION
Assets
Cash and cash equivalents		$ 3,242	$ 2,740
Accounts receivable (net of allowances of $63 and $55, respectively)	[1]	895	1,236
Billed portion of finance receivables (net of allowances of $4 and $3, respectively)	[1]	111	111
Finance receivables, net		1,066	1,158
Inventories		978	694
Other current assets		257	201
Total current assets		6,549	6,140
Finance receivables due after one year (net of allowances of $138 and $86, respectively)	[1]	1,899	2,082
Equipment on operating leases, net		301	364
Land, buildings and equipment, net		412	426
Intangible assets, net		240	199
Goodwill		3,996	3,900
Deferred tax assets		573	598
Other long-term assets		1,390	1,338
Total Assets		15,360	15,047
Liabilities and Equity
Short-term debt and current portion of long-term debt		1,218	1,049
Accounts payable		1,018	1,053
Accrued compensation and benefits costs		276	349
Accrued expenses and other current liabilities		741	918
Total current liabilities		3,253	3,369
Long-term debt		2,343	3,233
Pension and other benefit liabilities		1,675	1,707
Post-retirement medical benefits		336	352
Other long-term liabilities		512	512
Total Liabilities		8,119	9,173
Commitments and Contingencies (See Note 21)
Additional paid-in capital		4,859	3,266
Retained earnings		5,971	6,247
Accumulated other comprehensive loss		(3,593)	(3,646)
Xerox Holdings/Xerox shareholders’ equity		7,237	5,867
Noncontrolling interests		4	7
Total Equity		7,241	5,874
Total Liabilities and Equity		$ 15,360	$ 15,047

[1] Allowances at September 30, 2020 determined in accordance with ASU 2016-13 adopted effective January 1, 2020 - refer to Notes 2, 8 and 9 for additional information.