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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Xerox Holdings Shareholders' Equity
Xerox Holdings Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
AOCL
AOCL
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Xerox Corporation
Xerox Corporation
Cumulative Effect, Period of Adoption, Adjustment
Xerox Corporation
Xerox Holdings Shareholders' Equity
Xerox Corporation
Xerox Holdings Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Xerox Corporation
Common Stock
Xerox Corporation
Additional Paid-in Capital
Xerox Corporation
Treasury Stock
Xerox Corporation
Retained Earnings
Xerox Corporation
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Xerox Corporation
AOCL
[3]
Xerox Corporation
AOCL
Cumulative Effect, Period of Adoption, Adjustment
[3],[6]
Xerox Corporation
Noncontrolling Interests
Beginning Balance at Dec. 31, 2017     $ 5,256 $ 120 [1] $ 255 $ 3,893 $ 0 $ 4,856 $ 120 [1] $ (3,748)       $ 120 [2] $ 5,256 $ 120 [2] $ 255 $ 3,893 $ 0 $ 4,856 $ 120 [2] $ (3,748)    
Noncontrolling Interests Beginning Balance at Dec. 31, 2017                       $ 37                       $ 37
Total Equity Beginning Balance at Dec. 31, 2017 $ 5,293 $ 120 [1]                     $ 5,293                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 544   544         361   183     544   544         361   183    
Comprehensive income (loss), net attributable to noncontrolling interest                       13                       (13)
Comprehensive income, net 557                       557                      
Cash dividends declared-common [4] (251)   (251)         (251)         (251)   (251)         (251)        
Cash dividends declared-preferred [5] (14)   (14)         (14)         (14)   (14)         (14)        
Stock option and incentive plans, net 50   50   1 49             50   50   1 49            
Payments to acquire treasury stock, including fees (700)   (700)       (700)           (700)   (700)       (700)          
Cancellation of treasury stock 0       (24) (621) 645           0       (24) (621) 645          
Distributions to noncontrolling interests (16)   0     0           (16) (16)   0     0           (16)
Ending Balance at Dec. 31, 2018     5,005 $ 0 232 3,321 (55) 5,072 $ 127 (3,565) $ (127)     $ 0 [6] 5,005 $ 0 [6] 232 3,321 (55) 5,072 $ 127 [6] (3,565) $ (127)  
Noncontrolling Interests Ending Balance at Dec. 31, 2018                       34                       34
Total Equity Ending Balance at Dec. 31, 2018 5,039 $ 0                     5,039                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 1,399   1,399         1,353   46     1,399   1,399         1,353   46    
Comprehensive income (loss), net attributable to noncontrolling interest                       8                       (8)
Comprehensive income, net 1,407                       1,407                      
Cash dividends declared-common [4] (226)   (226)         (226)         (115)   (115)         (115)        
Cash dividends declared-preferred [5] (14)   (14)         (14)         (7)   (7)         (7)        
Dividends declared to parent                         (183)   (183)         (183)        
Transfers (to) from parent                         (175)   (175)     (175)            
Stock option and incentive plans, net 23   23   1 22             18   18   0 18            
Payments to acquire treasury stock, including fees (600)   (600)       (600)           (300)   (300)       (300)          
Cancellation of treasury stock 0       (18) (561) 579           0       (11) (344) 355          
Distributions to noncontrolling interests (3)                     (3) (3)                     (3)
Reorganization                         225   225   (221) 446            
Divestiture (32) [7]                     (32) [7] 32 [8]                     32 [8]
Ending Balance at Dec. 31, 2019 5,587   5,587   215 2,782 (76) 6,312   (3,646)     5,867   5,867   0 3,266 0 6,247   (3,646)    
Noncontrolling Interests Ending Balance at Dec. 31, 2019 7                     7 7                     7
Total Equity Ending Balance at Dec. 31, 2019 5,594                       5,874                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 506   506         192   314     507   507         193   314    
Comprehensive income (loss), net attributable to noncontrolling interest                                               0
Comprehensive income, net 506                       507                      
Cash dividends declared-common [4] (209)   (209)         (209)                                
Cash dividends declared-preferred [5] (14)   (14)         (14)                                
Dividends declared to parent                         (606)   (606)         (606) [5]        
Capital contributions from parent [9]                         1,494   1,494     1,494            
Transfers (to) from parent                         119   119     119            
Stock option and incentive plans, net 22   22   1 21                                    
Payments to acquire treasury stock, including fees (300)   (300)       (300)                                  
Cancellation of treasury stock 0       (18) (358) 376                                  
Distributions to noncontrolling interests (3)                     (3) (3)                     (3)
Ending Balance at Dec. 31, 2020 5,592   $ 5,592   $ 198 $ 2,445 $ 0 $ 6,281   $ (3,332)     7,381   $ 7,381   $ 0 $ 4,879 $ 0 $ 5,834   $ (3,332)    
Noncontrolling Interests Ending Balance at Dec. 31, 2020 4                     $ 4 4                     $ 4
Total Equity Ending Balance at Dec. 31, 2020 $ 5,596                       $ 7,385                      
[1] Includes $117 related to the adoption of the Revenue Recognition Standard ASU 2014-09 - Revenue from Contracts with Customers (ASC Topic 606), see Note 1 - Basis of Presentation and Summary of Significant Accounting Policies, and $3 related to our share of Fuji Xerox's adoption of ASU 2016-01 - Financial Instruments - Classification and Measurement.
[2] Includes $117 related to the adoption of the Revenue Recognition Standard ASU 2014-09 - Revenue from Contracts with Customers (ASC Topic 606), see Note 1 - Basis of Presentation and Summary of Significant Accounting Policies, and $3 related to our share of Fuji Xerox's adoption of ASU 2016-01 - Financial Instruments - Classification and Measurement.
[3] AOCL - Accumulated other comprehensive loss.
[4] Cash dividends declared on common stock for 2020, 2019 and 2018 were $0.25 per share on a quarterly basis and $1.00 per share on an annual basis.
[5] Cash dividends declared on preferred stock for 2020, 2019 and 2018 were $20 per share on a quarterly basis and $80 per share on an annual basis.
[6] Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies - Income Taxes for additional information related to the adoption of ASU 2018-02.
[7] Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies and Note 6 - Divestitures for additional information regarding divestitures.
[8] Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies and Note 6 - Divestitures for additional information regarding divestitures.
[9] Primarily represents the contribution by Xerox Holdings Corporation of aggregate net debt proceeds received from its Senior Notes offerings in the third quarter of 2020 to Xerox Corporation. Refer to Note 16 - Debt for additional information regarding the Senior Notes offerings.