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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 932 $ 1,840
Accounts receivable (net of allowance) 835 818
Billed portion of finance receivables (net of allowance) 91 94
Finance receivables, net 995 1,042
Inventories 777 696
Other current assets 265 211
Total current assets 3,895 4,701
Finance receivables due after one year (net of allowance) 1,814 1,934
Equipment on Operating Leases, Net 216 253
Land, buildings and equipment, net 315 358
Intangible assets, net 216 211
Goodwill 2,753 3,287
Deferred tax assets 496 519
Other long-term assets 1,715 1,960
Total Assets 11,420 13,223
Liabilities and Equity    
Short-term debt and current portion of long-term debt 1,070 650
Accounts payable 1,213 1,069
Accrued compensation and benefits costs 250 239
Accrued expenses and other current liabilities 810 871
Total current liabilities 3,343 2,829
Long-term debt 2,676 3,596
Pension and other benefit liabilities 1,298 1,373
Post-retirement medical benefits 209 277
Other long-term liabilities 416 481
Total Liabilities 7,942 8,556
Commitments and Contingencies (See Note 22)
Noncontrolling Interests 10 10
Convertible Preferred Stock 214 214
Common stock 156 168
Additional paid-in capital 1,577 1,802
Treasury stock, at cost 0 (177)
Retained earnings 5,057 5,631
Accumulated other comprehensive loss (3,547) (2,988)
Xerox Holdings shareholders’ equity 3,243 4,436
Noncontrolling interests 11 7
Total Equity 3,254 4,443
Total Liabilities and Equity $ 11,420 $ 13,223
Shares of common stock issued (in shares) 155,570 168,069
Treasury stock (in shares) 0 (8,675)
Shares of common stock outstanding (in shares) 155,570 159,394