XML 33 R8.htm IDEA: XBRL DOCUMENT v3.22.0.1
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
Beginning balance at Dec. 31, 2018     $ 5,005 $ 232 $ 3,321 $ (55) $ 5,072 $ 127 $ (3,565) [1] $ (127)  
Noncontrolling interests beginning balance at Dec. 31, 2018                     $ 34
Total equity beginning balance at Dec. 31, 2018 $ 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]    
Comprehensive (loss) income, net                     8
Comprehensive (loss) income, net 1,407                    
Cash dividends declared-common [2] (226)   (226)       (226)        
Cash dividends declared-preferred [3] (14)   (14)       (14)        
Stock option and incentive plans, net 23   23 1 22            
Payments to acquire treasury stock, including fees (600)   (600)     (600)          
Cancellation of treasury stock 0     (18) (561) 579          
Distributions to noncontrolling interests (3)                   (3)
Divestiture [4] (32)                   (32)
Ending balance at Dec. 31, 2019     5,587 215 2,782 (76) 6,312   (3,646) [1]    
Noncontrolling interests ending balance at Dec. 31, 2019                     7
Total equity ending balance at Dec. 31, 2019 5,594               (3,646)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Comprehensive income (loss), net attributable to Xerox Holding/Xerox 506   506       192   314 [1]    
Comprehensive (loss) income, net 506                    
Cash dividends declared-common [2] (209)   (209)       (209)        
Cash dividends declared-preferred [3] (14)   (14)       (14)        
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)
Ending balance at Dec. 31, 2020 5,592   5,592 198 2,445 0 6,281   (3,332) [1]    
Noncontrolling interests ending balance at Dec. 31, 2020 4                   4
Total equity ending balance at Dec. 31, 2020 5,596               (3,332)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Comprehensive income (loss), net attributable to Xerox Holding/Xerox (111)   (111)       (455)   344 [1]    
Comprehensive (loss) income, net (111)                    
Cash dividends declared-common [2] (181)   (181)       (181)        
Cash dividends declared-preferred [3] (14)   (14)       (14)        
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          
Investment form noncontrolling interests [5] 5   1   1           4
Distributions to noncontrolling interests (1)                   (1)
Ending balance at Dec. 31, 2021 4,436   $ 4,436 $ 168 $ 1,802 $ (177) $ 5,631   (2,988) [1]    
Noncontrolling interests ending balance at Dec. 31, 2021 7                   $ 7
Total equity ending balance at Dec. 31, 2021 $ 4,443               $ (2,988)    
[1] AOCL - Accumulated other comprehensive loss.
[2] 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.
[3] 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.
[4] Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies and Note 6 - Divestitures for additional information regarding divestitures.
[5] Refer to Note 5 - Acquisitions and Investments for additional information regarding this noncontrolling interests.