Condensed Consolidated Balance Sheets (Unaudited) - USD ($) shares in Thousands, $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 2,272	$ 2,740
Accounts receivable (net of allowances of $60 and $55, respectively)	[1]	789	1,236
Billed portion of finance receivables (net of allowances of $4 and $3, respectively)	[1]	116	111
Finance receivables, net		1,046	1,158
Inventories		922	694
Other current assets		246	201
Total current assets		5,391	6,140
Finance receivables due after one year (net of allowances of $139 and $86, respectively)	[1]	1,908	2,082
Equipment on operating leases, net		312	364
Land, buildings and equipment, net		418	426
Intangible assets, net		250	199
Goodwill		3,939	3,900
Deferred tax assets		563	598
Other long-term assets		1,344	1,338
Total Assets		14,125	15,047
Liabilities and Equity
Short-term debt and current portion of long-term debt		1,793	1,049
Accounts payable		916	1,053
Accrued compensation and benefits costs		269	349
Accrued expenses and other current liabilities		813	984
Total current liabilities		3,791	3,435
Long-term debt		2,185	3,233
Pension and other benefit liabilities		1,595	1,707
Post-retirement medical benefits		338	352
Other long-term liabilities		521	512
Total Liabilities		8,430	9,239
Commitments and Contingencies (See Note 21)
Convertible Preferred Stock		214	214
Common stock		213	215
Additional paid-in capital		2,722	2,782
Treasury stock, at cost		0	(76)
Retained earnings		6,223	6,312
Accumulated other comprehensive loss		(3,681)	(3,646)
Xerox Holdings/Xerox shareholders’ equity		5,477	5,587
Noncontrolling interests		4	7
Total Equity		5,481	5,594
Total Liabilities and Equity		$ 14,125	$ 15,047
Shares of common stock issued		213,014	214,621
Shares of treasury stock		0	(2,031)
Shares of Common Stock Outstanding		213,014	212,590
XEROX CORPORATION
Assets
Cash and cash equivalents		$ 2,272	$ 2,740
Accounts receivable (net of allowances of $60 and $55, respectively)	[1]	789	1,236
Billed portion of finance receivables (net of allowances of $4 and $3, respectively)	[1]	116	111
Finance receivables, net		1,046	1,158
Inventories		922	694
Other current assets		249	201
Total current assets		5,394	6,140
Finance receivables due after one year (net of allowances of $139 and $86, respectively)	[1]	1,908	2,082
Equipment on operating leases, net		312	364
Land, buildings and equipment, net		418	426
Intangible assets, net		250	199
Goodwill		3,939	3,900
Deferred tax assets		563	598
Other long-term assets		1,344	1,338
Total Assets		14,128	15,047
Liabilities and Equity
Short-term debt and current portion of long-term debt		1,793	1,049
Accounts payable		916	1,053
Accrued compensation and benefits costs		269	349
Accrued expenses and other current liabilities		748	918
Total current liabilities		3,726	3,369
Long-term debt		2,185	3,233
Pension and other benefit liabilities		1,595	1,707
Post-retirement medical benefits		338	352
Other long-term liabilities		521	512
Total Liabilities		8,365	9,173
Commitments and Contingencies (See Note 21)
Additional paid-in capital		3,515	3,266
Retained earnings		5,925	6,247
Accumulated other comprehensive loss		(3,681)	(3,646)
Xerox Holdings/Xerox shareholders’ equity		5,759	5,867
Noncontrolling interests		4	7
Total Equity		5,763	5,874
Total Liabilities and Equity		$ 14,128	$ 15,047

[1] Allowances at June 30, 2020 determined in accordance with ASU 2016-13 adopted effective January 1, 2020 - refer to Notes 2, 8 and 9 for additional information.