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XEROX HOLDINGS CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net Loss $ (196) $ (95)
Adjustments to reconcile Net loss to Net cash (used in) provided by operating activities    
Depreciation and amortization 117 118
Provisions 48 79
Net gain on sales of businesses and assets (5) (1)
Divestitures (4) 51
Stock-based compensation 26 29
Restructuring and asset impairment charges 10 34
Payments for restructurings (33) (47)
Non-service retirement-related costs 37 49
Contributions to retirement plans (67) (58)
Increase in accounts receivable and billed portion of finance receivables (44) (32)
Increase in inventories (160) (148)
Increase in equipment on operating leases (52) (50)
Decrease in finance receivables 212 399
Decrease in other current and long-term assets 16 14
Increase (decrease) in accounts payable 25 (88)
Decrease in accrued compensation (51) (93)
Decrease in other current and long-term liabilities (40) (52)
Net change in income tax assets and liabilities 35 (64)
Net change in derivative assets and liabilities (2) 6
Other operating, net 28 (7)
Net cash (used in) provided by operating activities (100) 44
Cash Flows from Investing Activities    
Cost of additions to land, buildings, equipment and software (39) (18)
Proceeds from sales of businesses and assets 30 19
Acquisitions, net of cash acquired 1 0
Other investing, net (4) (20)
Net cash used in investing activities (12) (19)
Cash Flows from Financing Activities    
Proceeds from issuance of long-term debt 889 906
Payments on long-term debt (343) (871)
Purchases of capped calls 0 (23)
Dividends (58) (71)
Payments to acquire treasury stock, including fees 0 (3)
Other financing, net (29) (13)
Net cash provided by (used in) financing activities 459 (75)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 7 (16)
Increase (decrease) in cash, cash equivalents and restricted cash 354 (66)
Cash, cash equivalents and restricted cash at beginning of period 631 617
Cash, Cash Equivalents and Restricted Cash at End of Period $ 985 $ 551