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Xerox Holdings Corporation Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 685 $ 519
Accounts receivable (net of allowance) 846 850
Billed portion of finance receivables (net of allowance) 67 71
Finance receivables, net 783 842
Inventories 736 661
Other current assets 231 234
Total current assets 3,348 3,177
Finance receivables due after one year (net of allowance) 1,408 1,597
Equipment on operating leases, net 257 265
Land, buildings and equipment, net 245 266
Intangible assets, net 165 177
Goodwill, net 2,720 2,747
Deferred tax assets 749 745
Other long-term assets 1,052 1,034
Total Assets 9,944 10,008
Liabilities and Equity    
Short-term debt and current portion of long-term debt 405 567
Accounts payable 1,046 1,044
Accrued compensation and benefits costs 213 306
Accrued expenses and other current liabilities 774 862
Total current liabilities 2,438 2,779
Long-term debt 3,199 2,710
Pension and other benefit liabilities 1,183 1,216
Post-retirement medical benefits 167 171
Other long-term liabilities 352 360
Total Liabilities 7,339 7,236
Commitments and Contingencies (See Note 21)
Noncontrolling Interests 10 10
Convertible Preferred Stock 214 214
Common stock 124 123
Additional paid-in capital 1,099 1,114
Retained earnings 4,828 4,977
Accumulated other comprehensive loss (3,673) (3,676)
Xerox Holdings and Xerox shareholders' equity 2,378 2,538
Noncontrolling interests 3 10
Total Equity 2,381 2,548
Total Liabilities and Equity $ 9,944 $ 10,008
Shares of Common Stock Outstanding (in shares) 124,185 123,144
Shares of Common Stock Issued (in shares) 124,185 123,144