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Earnings per Share - Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Basic Earnings per Share        
Net Income Attributable to Xerox Holdings $ 90 $ 90 $ 220 $ 115
Accrued dividends on preferred stock (4) (4) (11) (11)
Adjusted Net income available to common shareholders $ 86 $ 86 $ 209 $ 104
Weighted average common shares outstanding (in shares) 179,408 211,169 187,549 212,163
Basic Earnings per Share (USD per share) $ 0.48 $ 0.41 $ 1.12 $ 0.49
Diluted Earnings per Share        
Net Income Attributable to Xerox Holdings $ 90 $ 90 $ 220 $ 115
Accrued dividends on preferred stock (4) (4) (11) (11)
Adjusted Net income available to common shareholders $ 86 $ 86 $ 209 $ 104
Weighted average common shares outstanding (in shares) 179,408 211,169 187,549 212,163
Common shares issuable with respect to:        
Adjusted weighted average common shares outstanding (in shares) 181,576 212,707 189,669 214,783
Diluted earnings per share (USD per share) $ 0.48 $ 0.41 $ 1.10 $ 0.49
Stock options        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 0 0 0 20
Restricted stock and performance shares        
Common shares issuable with respect to:        
Common shares attributable to dilutive effect of share-based payments (in shares) 2,168 1,538 2,120 2,600
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