Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Other Comprehensive Income (Loss)

Other Comprehensive (Loss) Income is comprised of the following:

	Three Months Ended March 31,
	2022				2021
	Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments Losses	$	(71)	$	(72)	$	(52)	$	(51)
Unrealized (Losses) Gains
Changes in fair value of cash flow hedges losses	(15)		(13)		(10)		(8)
Changes in cash flow hedges reclassed to earnings(1)	2		2		1		1
Net Unrealized Losses	(13)		(11)		(9)		(7)
Defined Benefit Plans Gains (Losses)
Net actuarial/prior service gains	16		12		43		32
Prior service amortization(2)	(4)		(3)		(17)		(12)
Actuarial loss amortization/settlement(2)	28		21		35		26
Other gains(3)	9		9		9		9
Changes in Defined Benefit Plans Gains	49		39		70		55
Other Comprehensive (Loss) Income Attributable to Xerox Holdings/Xerox	$	(35)	$	(44)	$	9	$	(3)

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(1)Reclassified to Cost of sales - refer to Note 14 - Financial Instruments for additional information regarding our cash flow hedges.

(2)Reclassified to Total Net Periodic Benefit Cost - refer to Note 16 - Employee Benefit Plans for additional information.

(3)Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.

Schedule of Accumulated Other Comprehensive Loss

AOCL is comprised of the following:

	March 31, 2022		December 31, 2021
Cumulative translation adjustments	$	(1,933)	$	(1,861)
Other unrealized losses, net	(13)		(2)
Benefit plans net actuarial losses and prior service credits	(1,086)		(1,125)
Total Accumulated Other Comprehensive Loss Attributable to Xerox Holdings/Xerox	$	(3,032)	$	(2,988)