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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Cumulative effect of change in accounting principle
Xerox Holdings Shareholders' Equity
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Retained Earnings
Cumulative effect of change in accounting principle
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox
Cumulative effect of change in accounting principle
[1]
Noncontrolling Interest
Xerox Corporation
Xerox Corporation
Cumulative effect of change in accounting principle
Xerox Corporation
Xerox Holdings Shareholders' Equity
Xerox Corporation
Common Stock
Xerox Corporation
Additional Paid-in Capital
Xerox Corporation
Treasury Stock
Xerox Corporation
Retained Earnings
Xerox Corporation
Retained Earnings
Cumulative effect of change in accounting principle
Xerox Corporation
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox
[2]
Xerox Corporation
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox
Cumulative effect of change in accounting principle
Xerox Corporation
Noncontrolling Interest
Beginning balance at Dec. 31, 2018     $ 5,005 $ 232 $ 3,321 $ (55) $ 5,072 $ 127 $ (3,565) [1] $ (127)       $ 5,005 $ 232 $ 3,321 $ (55) $ 5,072 $ 127 $ (3,565) $ (127)  
Noncontrolling interests beginning balance at Dec. 31, 2018                     $ 34                     $ 34
Total equity beginning balance at Dec. 31, 2018 $ 5,039 $ 0                   $ 5,039 $ 0                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 1,399   1,399       1,353   46 [1]     1,399   1,399       1,353   46    
Comprehensive (loss) income, net                     8                     8
Comprehensive (loss) income, net 1,407                     1,407                    
Cash dividends declared-common [3] (226)   (226)       (226)         (115)   (115)       (115)        
Cash dividends declared-preferred [4] (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 [5] (32)                   (32)                      
Ending balance at Dec. 31, 2019     5,587 215 2,782 (76) 6,312   (3,646) [1]         5,867 0 3,266 0 6,247   (3,646)    
Noncontrolling interests ending balance at Dec. 31, 2019                     7                     7
Total equity ending balance at Dec. 31, 2019 5,594               (3,646)     5,874                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 506   506       192   314 [1]     506   506       192   314    
Comprehensive (loss) income, net 506                     506                    
Cash dividends declared-common [3] (209)   (209)       (209)                              
Cash dividends declared-preferred [4] (14)   (14)       (14)                              
Dividends declared to parent                       (605)   (605)       (605)        
Intercompany loan capitalization [6]                       1,494   1,494   1,494            
Transfers (to) from parent                       128   128   128            
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) [1]     7,390   7,390 0 4,888 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               (3,332)     7,394                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Comprehensive income (loss), net attributable to Xerox Holding/Xerox (111)   (111)       (455)   344 [1]     (111)   (111)       (455)   344    
Comprehensive (loss) income, net (111)                     (111)                    
Cash dividends declared-common [3] (181)   (181)       (181)                              
Cash dividends declared-preferred [4] (14)   (14)       (14)                              
Dividends declared to parent                       (903)   (903)       (903) [4]        
Intercompany loan capitalization [7]                       (1,494)   (1,494)   (1,494)            
Transfers (to) from parent                       (193)   (193)   (193)            
Stock option and incentive plans, net 37   37 2 35                                  
Payments to acquire treasury stock, including fees (888)   (888)     (888)                                
Cancellation of treasury stock 0     (32) (679) 711                                
Distributions to noncontrolling interests (1)                   (1) (1)                   (1)
Investment form noncontrolling interests 5 [8]   1 [8]   1 [8]           4 [8] 5 [9]   1 [9]   1 [9]           4 [9]
Ending balance at Dec. 31, 2021 4,436   $ 4,436 $ 168 $ 1,802 $ (177) $ 5,631   (2,988) [1]     4,690   $ 4,690 $ 0 $ 3,202 $ 0 $ 4,476   $ (2,988)    
Noncontrolling interests ending balance at Dec. 31, 2021 7                   $ 7 7                   $ 7
Total equity ending balance at Dec. 31, 2021 $ 4,443               $ (2,988)     $ 4,697                    
[1] AOCL - Accumulated other comprehensive loss.
[2] AOCL - Accumulated other comprehensive loss.
[3] Cash dividends declared on common stock for 2021, 2020 and 2019 were $0.25 per share on a quarterly basis and $1.00 per share on an annual basis.
[4] Cash dividends declared on preferred stock for 2021, 2020 and 2019 were $20 per share on a quarterly basis and $80 per share on an annual basis.
[5] Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies and Note 6 - Divestitures for additional information regarding divestitures.
[6] 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.
[7] Refer to Note 16 - Debt for information regarding capitalization of balance to Intercompany Loan with Xerox Holdings Corporation.
[8] Refer to Note 5 - Acquisitions and Investments for additional information regarding this noncontrolling interests.
[9] Refer to Note 5 - Acquisitions and Investments for additional information regarding this investment from noncontrolling interests.