Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

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


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Primary geographical markets(1):
United States	$	982	$	992	$	1,929	$	1,932
Europe	497		467		971		933
Canada	136		135		280		250
Other	139		153		289		300
Total Revenues	$	1,754	$	1,747	$	3,469	$	3,415

Major product and services lines:
Equipment	$	420	$	366	$	811	$	680
Supplies, paper and other sales(2)	276		301		544		579
Maintenance agreements(3)	419		446		828		875
Service arrangements(4)	499		478		994		964
Rental and other	91		104		191		212
Financing	49		52		101		105

Total Revenues	$	1,754	$	1,747	$	3,469	$	3,415

Sales channels:

Direct equipment lease(5)	$	245	$	144	$	475	$	279
Distributors & resellers(6)	261		298		521		559
Customer direct	190		225		359		421
Total Sales	$	696	$	667	$	1,355	$	1,259

_____________

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

(2)Other sales include revenues associated with IT hardware.

(3)Includes revenues from maintenance agreements on sold equipment as well as IT services and revenues associated with service agreements sold through our channel partners.

(4)Primarily includes revenues from our Print and digital services outsourcing arrangements, including revenues from embedded operating leases in those arrangements, which were not significant.

(5)Primarily reflects sales through bundled lease arrangements.

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

Schedule of Capitalized Contract Cost

Incremental direct costs are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Incremental direct costs of obtaining a contract	$	18	$	15	$	34	$	28
Amortization of incremental direct costs	16		16		32		34