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Fair Value of Financial Assets and Liabilities (Tables)
 6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets and Liabilities
The following table represents assets and liabilities measured at fair value on a recurring basis. The basis for the measurement at fair value in all cases is Level 2 – Significant Other Observable Inputs. 
June 30,
2024		December 31,
2023
Assets
Derivatives$3 $11 
Deferred compensation plan investments in mutual funds14 14 
Total$17 $25 
Liabilities
Derivatives$8 $8 
Deferred compensation plan liabilities13 13 
Total$21 $21 
Schedule of Estimated Fair Values of Financial Assets and Liabilities Not Measured at Fair Value on a Recurring Basis
The estimated fair values of our other financial assets and liabilities were as follows:
 June 30, 2024December 31, 2023
 
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Cash and cash equivalents(1)
$485 $485 $519 $519 
Accounts receivable, net847 847 850 850 
Short-term debt and current portion of long-term debt129 135 567 567 
Long-term Debt
Xerox Holdings Corporation2,020 1,830 1,497 1,410 
Xerox Corporation1,085 963 1,096 1,023 
Xerox - Other Subsidiaries(2)
69 69 117 117 
Long-term debt$3,174 $2,862 $2,710 $2,550 
____________
(1)Xerox Corporation Cash and cash equivalents of $483 excludes $2 of cash held by Myriad Ventures Fund I LP.
(2)Represents subsidiaries of Xerox Corporation