XML 65 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue (Tables)
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
Revenues disaggregated by primary geographic markets, major product lines, and sales channels are as follows:
Year Ended December 31,
202020192018
Primary geographical markets(1)
United States$4,186 $5,429 $5,610 
Europe1,883 2,326 2,625 
Canada393 518 569 
Other560 793 858 
Total Revenues$7,022 $9,066 $9,662 
Major product and services lines
Equipment$1,564 $2,062 $2,178 
Supplies, paper and other sales885 1,165 1,276 
Maintenance agreements(2)
1,803 2,372 2,603 
Service arrangements(3)
2,014 2,517 2,674 
Rental and other530 706 663 
Financing226 244 268 
Total Revenues$7,022 $9,066 $9,662 
Sales channels:
Direct equipment lease(4)
$573 $672 $699 
Distributors & resellers(5)
910 1,343 1,445 
Customer direct966 1,212 1,310 
Total Sales$2,449 $3,227 $3,454 
_____________
(1)Geographic area data is based upon the location of the subsidiary reporting the revenue.
(2)Includes revenues from maintenance agreements on sold equipment as well as revenues associated with service agreements sold through our channel partners as Xerox Partner Print Services (XPPS).
(3)Primarily includes revenues from our Managed Services offerings (formerly our Managed Documents Services arrangements). Also includes revenues from embedded operating leases, which were not significant.
(4)Primarily reflects sales through bundled lease arrangements.
(5)Primarily reflects sales through our two-tier distribution channels.
Capitalized contract cost
Year Ended December 31,
202020192018
Incremental direct costs of obtaining a contract$62 $78 $84 
Amortization of incremental direct costs81 88 95