(Loss) Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share of Xerox Holdings Corporation's common stock:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Basic (Loss) Earnings per Share
Net (Loss) Income Attributable to Xerox Holdings	$	(4)	$	91	$	(60)	$	130
Accrued dividends on preferred stock	(3)		(3)		(7)		(7)
Adjusted Net (loss) income available to common shareholders	$	(7)	$	88	$	(67)	$	123
Weighted average common shares outstanding(1)	155,170		187,009		155,897		191,433
Basic (Loss) Earnings per Share	$	(0.05)	$	0.47	$	(0.43)	$	0.64
Diluted (Loss) Earnings per Share
Net (Loss) Income Attributable to Xerox Holdings	$	(4)	$	91	$	(60)	$	130
Accrued dividends on preferred stock	(3)		(3)		(7)		(7)
Adjusted Net (loss) income available to common shareholders	$	(7)	$	88	$	(67)	$	123
Weighted average common shares outstanding(1)	155,170		187,009		155,897		191,433
Common shares issuable with respect to:
Stock options	—		—		—		—
Restricted stock and performance shares	—		2,012		—		2,096
Convertible preferred stock	—		—		—		—
Adjusted weighted average common shares outstanding	155,170		189,021		155,897		193,529
Diluted (Loss) Earnings per Share	$	(0.05)	$	0.46	$	(0.43)	$	0.64
The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive:
Stock options	693		694		693		694
Restricted stock and performance shares	6,178		4,647		6,178		4,562
Convertible preferred stock	6,742		6,742		6,742		6,742
Total Anti-Dilutive Securities	13,613		12,083		13,613		11,998
Dividends per Common Share	$	0.25	$	0.25	$	0.50	$	0.50

 ____________

(1)Includes unissued shares associated with the accelerated share vesting since all contingencies regarding issuance have lapsed.