XML 18 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
XEROX HOLDINGS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 485 $ 519
Accounts receivable (net of allowance) 847 850
Billed portion of finance receivables (net of allowance) 70 71
Finance receivables, net 713 842
Inventories 737 661
Other current assets 199 234
Total current assets 3,051 3,177
Finance receivables due after one year (net of allowance) 1,277 1,597
Equipment on operating leases, net 253 265
Land, buildings and equipment, net 227 266
Intangible assets, net 155 177
Goodwill, net 2,719 2,747
Deferred tax assets 760 745
Other long-term assets 1,049 1,034
Total Assets 9,491 10,008
Liabilities and Equity    
Short-term debt and current portion of long-term debt 129 567
Accounts payable 936 1,044
Accrued compensation and benefits costs 205 306
Accrued expenses and other current liabilities 776 862
Total current liabilities 2,046 2,779
Long-term debt 3,174 2,710
Pension and other benefit liabilities 1,180 1,216
Post-retirement medical benefits 164 171
Other long-term liabilities 338 360
Total Liabilities 6,902 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 1,114 1,114
Retained earnings 4,810 4,977
Accumulated other comprehensive loss (3,687) (3,676)
Xerox Holdings/Xerox shareholders' equity 2,361 2,538
Noncontrolling interests 4 10
Total Equity 2,365 2,548
Total Liabilities and Equity $ 9,491 $ 10,008
Shares of Common Stock Outstanding (in shares) 124,319 123,144
Shares of Common Stock Issued (in shares) 124,319 123,144