Supplementary Financial Information (Tables)

3 Months Ended

Mar. 31, 2021

Supplemental Financial Information [Abstract]

Schedule of restricted cash

Cash, cash equivalents and restricted cash amounts were as follows:

	March 31, 2021		December 31, 2020
Cash and cash equivalents	$	2,379	$	2,625
Restricted cash
Litigation deposits in Brazil	38		42
Escrow and cash collections related to secured borrowing arrangements(1)	43		22
Other restricted cash	1		2
Total Restricted cash	82		66
Cash, cash equivalents and restricted cash	$	2,461	$	2,691

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(1)Represents collections on finance receivables pledged for secured borrowings that will be remitted to lenders in the following month.

Restricted cash balance sheet location

Restricted cash was reported in the Condensed Consolidated Balance Sheets as follows:

	March 31, 2021		December 31, 2020
Other current assets	$	44	$	23
Other long-term assets	38		43
Total Restricted cash	$	82	$	66

Summarized cash flow information

Summarized cash flow information is as follows:

	Three Months Ended March 31,
	2021		2020
Provision for receivables	$	11	$	74
Provision for inventory	9		6
Provision for product warranty	2		2
Depreciation of buildings and equipment	19		21
Depreciation and obsolescence of equipment on operating leases	42		51
Amortization of internal use software	10		11
Amortization of acquired intangible assets(1)	15		11
Amortization of customer contract costs(2)	20		22
Cost of additions to land, buildings and equipment	8		18
Cost of additions to internal use software	9		5
Common stock dividends - Xerox Holdings Corporation	50		54
Preferred stock dividends - Xerox Holdings Corporation	4		4
Repurchases related to stock-based compensation - Xerox Holdings Corporation	4		7

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(1)Amortization of acquired intangible assets of Xerox is $14 for the three months ended March 31, 2021.

(2)Amortization of customer contract costs is reported in Decrease (increase) in other current and long-term assets in the Condensed Consolidated Statements of Cash Flows. Refer to Note 3 - Revenue - Contract Costs for additional information.