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Xerox Holdings Corporation Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 519 $ 1,045
Accounts receivable (net of allowance of $64 and $52, respectively) 850 857
Billed portion of finance receivables (net of allowance of $4 and $4, respectively) 71 93
Finance receivables, net 842 1,061
Inventories 661 797
Other current assets 234 254
Total current assets 3,177 4,107
Finance receivables due after one year (net of allowance of $88 and $113, respectively) 1,597 1,948
Equipment on operating leases, net 265 235
Land, buildings and equipment, net 266 320
Intangible assets, net 177 208
Goodwill, net 2,747 2,820
Deferred tax assets 745 582
Other long-term assets 1,034 1,323
Total Assets 10,008 11,543
Liabilities and Equity    
Short-term debt and current portion of long-term debt 567 860
Accounts payable 1,044 1,331
Accrued compensation and benefits costs 306 258
Accrued expenses and other current liabilities 862 881
Total current liabilities 2,779 3,330
Long-term debt 2,710 2,866
Pension and other benefit liabilities 1,216 1,175
Post-retirement medical benefits 171 184
Other long-term liabilities 360 411
Total Liabilities 7,236 7,966
Commitments and Contingencies (See Note 20)
Noncontrolling Interests (See Note 6) 10 10
Convertible Preferred Stock 214 214
Common stock 123 156
Additional paid-in capital 1,114 1,588
Retained earnings 4,977 5,136
Accumulated other comprehensive loss (3,676) (3,537)
Xerox Holdings shareholders’ equity 2,538 3,343
Noncontrolling interests 10 10
Total Equity 2,548 3,353
Total Liabilities and Equity $ 10,008 $ 11,543
Shares of Common Stock Issued (in shares) 123,144 155,781
Shares of Common Stock Outstanding (in shares) 123,144 155,781