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Xerox Holdings Corporation Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Xerox Holdings Shareholders' Equity
Common Stock
[1]
Additional Paid-in Capital
Treasury Stock
Retained Earnings
AOCL
[2]
Non- controlling Interests
Beginning balance at Dec. 31, 2020 $ 5,596 $ 5,592 $ 198 $ 2,445 $ 0 $ 6,281 $ (3,332) $ 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss), net (111) (111)       (455) 344  
Cash dividends declared-common [3] (181) (181)       (181)    
Cash dividends declared-preferred [4] (14) (14)       (14)    
Stock option and incentive plans, net 37 37 2 35        
Common stock repurchased (888) (888)     (888)      
Cancellation of treasury stock 0   (32) (679) 711      
Transactions with noncontrolling interests 5 1   1       4
Distributions to noncontrolling interests (1)             (1)
Ending balance at Dec. 31, 2021 4,443 4,436 168 1,802 (177) 5,631 (2,988) 7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss), net (871) (871)       (322) (549)  
Cash dividends declared-common [3] (159) (159)       (159)    
Cash dividends declared-preferred [4] (14) (14)       (14)    
Stock option and incentive plans, net 64 64 2 62        
Common stock repurchased (113) (113)     (113)      
Cancellation of treasury stock 0   (14) (276) 290      
Transactions with noncontrolling interests 4             4
Distributions to noncontrolling interests (1)             (1)
Ending balance at Dec. 31, 2022 3,353 3,343 156 1,588 0 5,136 (3,537) 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss), net (138) (138)       1 (139)  
Cash dividends declared-common [3] (146) (146)       (146)    
Cash dividends declared-preferred [4] (14) (14)       (14)    
Stock option and incentive plans, net 46 46 1 45        
Common stock repurchased (553) (553)     (553)      
Cancellation of treasury stock 0   (34) (519) 553      
Transactions with noncontrolling interests 2             2
Distributions to noncontrolling interests (2)             (2)
Ending balance at Dec. 31, 2023 $ 2,548 $ 2,538 $ 123 $ 1,114 $ 0 $ 4,977 $ (3,676) $ 10
[1] Common Stock has a par value of $1 per share.
[2] AOCL - Accumulated other comprehensive loss.
[3] Cash dividends declared on common stock for 2023, 2022 and 2021 were $0.25 per share on a quarterly basis and $1.00 per share on an annual basis, respectively.
[4] Cash dividends declared on preferred stock for 2023, 2022 and 2021 were $20 per share on a quarterly basis and $80 per share on an annual basis, respectively.