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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 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Basic Earnings per Share        
Net Income Attributable to Xerox Holdings $ 91 $ 27 $ 130 $ 25
Accrued dividends on preferred stock (3) (3) (7) (7)
Adjusted Net income available to common shareholders $ 88 $ 24 $ 123 $ 18
Weighted average common shares outstanding (in shares) 187,009 212,949 191,433 212,852
Basic Earnings per Share (USD per share) $ 0.47 $ 0.11 $ 0.64 $ 0.08
Diluted Earnings per Share        
Net Income Attributable to Xerox Holdings $ 91 $ 27 $ 130 $ 25
Accrued dividends on preferred stock (3) (3) (7) (7)
Adjusted Net income available to common shareholders $ 88 $ 24 $ 123 $ 18
Weighted average common shares outstanding (in shares) 187,009 212,949 191,433 212,852
Common shares issuable with respect to:        
Adjusted weighted average common shares outstanding (in shares) 189,021 215,567 193,529 216,014
Diluted earnings per share (USD per share) $ 0.46 $ 0.11 $ 0.64 $ 0.08
Stock options        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 0 0 30
Restricted stock and performance shares        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 2,012 2,618 2,096 3,132
Convertible preferred stock        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 0 0 0