Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Interest Income and Interest Expense Disclosure

Interest expense and income were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Equipment financing interest(1)	$	23	$	29	$	45	$	56
Non-financing interest expense(1)(2)	55		31		88		57
Interest expense	$	78	$	60	$	133	$	113
Financing income(3)	$	32	$	38	$	65	$	80
Other interest income(3)	6		4		8		7
Interest income	$	38	$	42	$	73	$	87

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(1)Equipment financing interest, which is included in Cost of services, maintenance, rentals and other, and non-financing interest expense, which is included in Other expenses, net, in the Condensed Consolidated Statements of Loss.

(2)Interest expense of Xerox Corporation included intercompany interest expense associated with the Xerox Holdings Corporation / Xerox Corporation Intercompany Loan of $29 and $29 for the three months ended June 30, 2025 and 2024, respectively and $59 and $51 for the

six months ended June 30, 2025 and 2024, respectively.

(3)Financing income, which is included in Services, maintenance, rentals and other, and other interest income, which is included in Other expenses, net, in the Condensed Consolidated Statements of Loss.