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Schedule II Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II Valuation and Qualifying Accounts
Xerox Holdings Corporation
Schedule II Valuation and Qualifying Accounts
Receivables - Allowance for Doubtful Accounts:
(in millions)Balance
at beginning
of period 
Additions charged to bad debt provision (1)
Amounts charged to other income statement accounts (1)
Deductions
and other, net
of recoveries (2) 
Balance
at end
of period 
Year Ended December 31, 2023     
Accounts Receivable$52 $22 $6 $(16)$64 
Finance Receivables117 6 2 (33)92 
 $169 $28 $8 $(49)$156 
      
Year Ended December 31, 2022     
Accounts Receivable$58 $17 $(9)$(14)$52 
Finance Receivables118 26 2 (29)117 
 $176 $43 $(7)$(43)$169 
      
Year Ended December 31, 2021     
Accounts Receivable$69 $8 $1 $(20)$58 
Finance Receivables133 (1)4 (18)118 
 $202 $7 $5 $(38)$176 
_____________
(1)Bad debt provisions relate to estimated losses due to credit and similar collectibility issues. Other charges (credits) relate to adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.
(2)Deductions and other, net of recoveries primarily relates to receivable write-offs, but also includes the impact of foreign currency translation adjustments and recoveries of previously written off receivables.


Deferred Tax Asset Valuation Allowances:
(in millions)Balance at beginning of period Additions charged to income tax expense (benefit)
Amounts credited to other accounts (1)
Balance
at end
of period 
Year Ended December 31, 2023$366 (4)13 $375 
     
Year Ended December 31, 2022$357 7 2 $366 
     
Year Ended December 31, 2021$396 (9)(30)$357 
_____________
(1)
Xerox Corporation
Schedule II Valuation and Qualifying Accounts
Receivables - Allowance for Doubtful Accounts:
(in millions)Balance
at beginning
of period 
Additions
charged to bad debt provision (1) 
Amounts
charged to
other income
statement
accounts (1) 
Deductions
and other, net
of recoveries (2) 
Balance
at end
of period 
Year Ended December 31, 2023     
Accounts Receivable$52 $22 $6 $(16)$64 
Finance Receivables117 6 2 (33)92 
 $169 $28 $8 $(49)$156 
      
Year Ended December 31, 2022     
Accounts Receivable$58 $17 $(9)$(14)$52 
Finance Receivables118 26 2 (29)117 
 $176 $43 $(7)$(43)$169 
      
Year Ended December 31, 2021     
Accounts Receivable$69 $8 $1 $(20)$58 
Finance Receivables133 (1)4 (18)118 
 $202 $7 $5 $(38)$176 
_____________
(1)Bad debt provisions relate to estimated losses due to credit and similar collectibility issues. Other charges (credits) relate to adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.
(2)Deductions and other, net of recoveries primarily relates to receivable write-offs, but also includes the impact of foreign currency translation adjustments and recoveries of previously written off receivables.


Deferred Tax Asset Valuation Allowances:
(in millions)Balance at beginning of period Additions charged to income tax expense (benefit)
Amounts credited to other accounts (1)
Balance
at end
of period 
Year Ended December 31, 2023$366 (4)13 $375 
     
Year Ended December 31, 2022$357 7 2 $366 
     
Year Ended December 31, 2021$396 (9)(30)$357 
_____________
(1)Reflects other increases (decreases) to our valuation allowance, including the effects of currency. These did not affect Income tax benefit in total as there was a corresponding adjustment to Deferred tax assets or Other comprehensive (loss) income.