Revenue (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenues disaggregated by primary geographic markets, major product lines, and sales channels are as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Primary geographical markets(1):
United States	$	986	$	1,012	$	2,918	$	3,001
Europe	470		487		1,403		1,500
Canada	131		97		381		294
Other	164		162		464		466
Total Revenues	$	1,751	$	1,758	$	5,166	$	5,261

Major product and services lines:
Equipment	$	390	$	387	$	1,070	$	1,197
Supplies, paper and other sales	300		270		879		732
Maintenance agreements(2)	420		447		1,295		1,330
Service arrangements(3)	487		493		1,451		1,490
Rental and other	103		106		315		346
Financing	51		55		156		166

Total Revenues	$	1,751	$	1,758	$	5,166	$	5,261

Sales channels:

Direct equipment lease(4)	$	146	$	170	$	425	$	506
Distributors & resellers(5)	318		283		877		826
Customer direct	226		204		647		597
Total Sales	$	690	$	657	$	1,949	$	1,929

_____________

(1)Geographic area data is based upon the location of the subsidiary reporting the revenue.

(2)Includes revenues from maintenance agreements on sold equipment as well as revenues associated with service agreements sold through our channel partners as Xerox Partner Print Services (XPPS).

(3)Primarily includes revenues from our Managed Services arrangements. Also includes revenues from embedded operating leases in our Managed Service arrangements, which were not significant.

(4)Primarily reflects sales through bundled lease arrangements.

(5)Primarily reflects sales through our two-tier distribution channels.

Schedule of Capitalized Contract Cost

Incremental direct costs are as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Incremental direct costs of obtaining a contract	$	15	$	14	$	43	$	44
Amortization of incremental direct costs	17		18		51		55