Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2022

Other Comprehensive (Loss) Income is comprised of the following:


	Three Months Ended September 30,								Nine Months Ended September 30,
	2022				2021				2022				2021
	Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments Losses	$	(280)	$	(277)	$	(129)	$	(125)	$	(646)	$	(636)	$	(126)	$	(122)
Unrealized (Losses) Gains
Changes in fair value of cash flow hedges (losses) gains	(3)		(3)		3		2		(41)		(32)		(9)		(7)
Changes in cash flow hedges reclassed to earnings(1)	11		9		2		2		17		13		5		4

Net Unrealized Gains (Losses)	8		6		5		4		(24)		(19)		(4)		(3)

Defined Benefit Plans (Losses) Gains
Net actuarial/prior service (losses) gains	(5)		(4)		13		10		(61)		(47)		79		59
Prior service amortization(2)	(3)		(3)		(16)		(12)		(10)		(8)		(50)		(37)
Actuarial loss amortization/settlement(2)	18		14		32		23		69		52		98		72

Other gains(3)	47		47		30		30		99		99		28		28
Changes in Defined Benefit Plans Gains	57		54		59		51		97		96		155		122



Other Comprehensive (Loss) Income Attributable to Xerox Holdings/Xerox	$	(215)	$	(217)	$	(65)	$	(70)	$	(573)	$	(559)	$	25	$	(3)

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(1)Reclassified to Cost of sales - refer to Note 14 - Financial Instruments for additional information regarding our cash flow hedges.

(2)Reclassified to Total Net Periodic Benefit Cost - refer to Note 16 - Employee Benefit Plans for additional information.

(3)Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.

Accumulated Other Comprehensive Loss (AOCL)

AOCL is comprised of the following:


	September 30, 2022		December 31, 2021
Cumulative translation adjustments	$	(2,497)	$	(1,861)
Other unrealized losses, net	(21)		(2)
Benefit plans net actuarial losses and prior service credits	(1,029)		(1,125)
Total Accumulated Other Comprehensive Loss Attributable to Xerox Holdings/Xerox	$	(3,547)	$	(2,988)