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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 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Basic Earnings per Share        
Net Income from Continuing Operations Attributable to Xerox Holdings $ 90 $ 157 $ 115 $ 382
Accrued dividends on preferred stock (4) (4) (11) (11)
Adjusted Net income from continuing operations available to common shareholders 86 153 104 371
Income from discontinued operations attributable to Xerox Holdings, net of tax 0 64 0 153
Adjusted Net income available to common shareholders $ 86 $ 217 $ 104 $ 524
Weighted average common shares outstanding (in shares) 211,169 220,269 212,163 224,257
Basic earnings per share, continuing operations (USD per share) $ 0.41 $ 0.70 $ 0.49 $ 1.66
Basic earnings per share, discontinued operations (USD per share) 0 0.29 0 0.68
Basic earnings per share (USD per share) $ 0.41 $ 0.99 $ 0.49 $ 2.34
Diluted Earnings per Share        
Net Income from Continuing Operations Attributable to Xerox Holdings $ 90 $ 157 $ 115 $ 382
Accrued dividends on preferred stock (4) 0 (11) 0
Adjusted Net income from continuing operations available to common shareholders 86 157 104 382
Income from discontinued operations attributable to Xerox Holdings, net of tax 0 64 0 153
Adjusted Net income available to common shareholders $ 86 $ 221 $ 104 $ 535
Weighted average common shares outstanding (in shares) 211,169 220,269 212,163 224,257
Common shares issuable with respect to:        
Adjusted Weighted average common shares outstanding (in shares) 212,707 231,067 214,783 235,465
Diluted earnings per share, continuing operations (USD per share) $ 0.41 $ 0.68 $ 0.49 $ 1.62
Diluted earnings per share, discontinued operations (USD per share) 0 0.28 0 0.65
Diluted earnings per share (USD per share) $ 0.41 $ 0.96 $ 0.49 $ 2.27
Stock options        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 42 20 37
Restricted stock and performance shares        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 1,538 4,014 2,600 4,429
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 6,742