Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Other Comprehensive Income (Loss)

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

	Three Months Ended June 30,								Six Months Ended June 30,
	2023				2022				2023				2022
	Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments Gains (Losses)	$	49	$	49	$	(295)	$	(287)	$	141	$	141	$	(366)	$	(359)
Unrealized (Losses) Gains
Changes in fair value of cash flow hedges losses	(13)		(11)		(23)		(16)		(15)		(13)		(38)		(29)
Changes in cash flow hedges reclassed to earnings(1)	7		6		4		2		12		12		6		4
Net Unrealized Losses	(6)		(5)		(19)		(14)		(3)		(1)		(32)		(25)
Defined Benefit Plans (Losses) Gains
Net actuarial/prior service losses	(27)		(20)		(72)		(55)		(20)		(15)		(56)		(43)
Prior service amortization(2)	(1)		—		(3)		(2)		(4)		(2)		(7)		(5)
Actuarial loss amortization/settlement(2)	11		8		23		17		18		13		51		38
Other (losses) gains(3)	(15)		(15)		43		43		(37)		(37)		52		52
Changes in Defined Benefit Plans (Losses) Gains	(32)		(27)		(9)		3		(43)		(41)		40		42
Other Comprehensive Income (Loss)	11		17		(323)		(298)		95		99		(358)		(342)
Less: Other comprehensive loss attributable to noncontrolling interests	—		—		—		—		(1)		(1)		—		—
Other Comprehensive Income (Loss) Attributable to Xerox Holdings/Xerox	$	11	$	17	$	(323)	$	(298)	$	96	$	100	$	(358)	$	(342)

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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:

	June 30, 2023		December 31, 2022
Cumulative translation adjustments	$	(2,095)	$	(2,237)
Other unrealized losses, net	(5)		(4)
Benefit plans net actuarial losses and prior service credits	(1,337)		(1,296)
Total Accumulated Other Comprehensive Loss Attributable to Xerox Holdings/Xerox	$	(3,437)	$	(3,537)