Xerox 10-Q 30 Oct 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Sep. 30, 2015shares
Document and Entity Information [Abstract]
Entity Registrant Name	Xerox Corporation
Entity Central Index Key	108,772
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding	1,012,402,754

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues
Sales	$ 1,150	$ 1,275	$ 3,500	$ 3,874
Outsourcing, maintenance and rentals	3,098	3,424	9,630	10,339
Financing	85	96	262	294
Total Revenues	4,333	4,795	13,392	14,507
Costs and Expenses
Cost of sales	721	774	2,171	2,384
Cost of outsourcing, maintenance and rentals	2,592	2,444	7,316	7,386
Cost of financing	33	35	98	107
Research, development and engineering expenses	135	139	418	427
Selling, administrative and general expenses	855	942	2,676	2,846
Restructuring and asset impairment charges	20	27	191	92
Amortization of intangible assets	77	77	233	232
Other expenses, net	73	71	187	175
Total Costs and Expenses	4,506	4,509	13,290	13,649
(Loss) income from discontinued operations, net of tax	(3)	8	(64)	34
(Loss) Income before Income Taxes and Equity Income	(173)	286	102	858
Income tax (benefit) expense	(105)	66	(75)	181
Equity in net income of unconsolidated affiliates	40	44	103	119
(Loss) Income from Continuing Operations	(28)	264	280	796
(Loss) income from discontinued operations, net of tax	(3)	8	(64)	34
Net (Loss) Income	(31)	272	216	830
Less: Net income attributable to noncontrolling interests	3	6	13	17
Net (loss) income from continuing operations	(31)	258	267	779
Net (Loss) Income Attributable to Xerox	$ (34)	$ 266	$ 203	$ 813
Basic (Loss) Earnings per Share:
Continuing operations (dollars per share)	$ (0.04)	$ 0.22	$ 0.23	$ 0.65
Discontinued operations (dollars per share)	0	0.01	(0.06)	0.03
Total Basic (Loss) Earnings per Share	(0.04)	0.23	0.17	0.68
Diluted (Loss) Earnings per Share:
Continuing operations (dollars per share)	(0.04)	0.21	0.23	0.64
Discontinued operations (dollars per share)	0	0.01	(0.06)	0.03
Total Diluted (Loss) Earnings per Share	$ (0.04)	$ 0.22	$ 0.17	$ 0.67

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net (loss) income		$ (31)	$ 272	$ 216	$ 830
Less: Net income attributable to noncontrolling interests		3	6	13	17
Net (Loss) Income Attributable to Xerox		(34)	266	203	813
Other Comprehensive (Loss) Income, Net:
Translation adjustments, net	[1]	(206)	(492)	(521)	(401)
Unrealized gains (losses), net	[1]	8	(9)	18	32
Changes in defined benefit plans, net	[1]	97	73	262	(81)
Other Comprehensive Loss, Net	[1]	(101)	(428)	(241)	(450)
Less: Other comprehensive loss, net attributable to noncontrolling interests		(1)	(2)	(1)	(1)
Other Comprehensive Loss, Net Attributable to Xerox		(100)	(426)	(240)	(449)
Comprehensive (Loss) Income, Net
Comprehensive (Loss) Income, Net		(132)	(156)	(25)	380
Less: Comprehensive income, net attributable to noncontrolling interests		2	4	12	16
Comprehensive (Loss) Income, Net Attributable to Xerox		$ (134)	$ (160)	$ (37)	$ 364
[1]	Refer to Note 16 - Other Comprehensive Loss for gross components of Other Comprehensive Loss, reclassification adjustments out of Accumulated Other Comprehensive Loss and related tax effects.

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Sep. 30, 2015	Dec. 31, 2014	[1]
Assets, Current [Abstract]
Cash and cash equivalents	$ 804	$ 1,411
Accounts receivable, net	2,612	2,652
Billed portion of finance receivables, net	115	110
Finance receivables, net	1,314	1,425
Inventories	1,110	934
Assets of discontinued operations	0	1,260
Other current assets	1,044	1,082
Total current assets	6,999	8,874
Finance receivables due after one year, net	2,570	2,719
Equipment on operating leases, net	491	525
Land, buildings and equipment, net	1,044	1,123
Investments in affiliates, at equity	1,387	1,338
Intangible assets, net	1,840	2,031
Goodwill	8,839	8,805
Other long-term assets	1,776	2,243
Total Assets	24,946	27,658
Liabilities, Current [Abstract]
Short-term debt and current portion of long-term debt	1,183	1,427
Accounts payable	1,477	1,584
Accrued compensation and benefits costs	696	754
Unearned income	435	431
Liabilities of discontinued operations	0	371
Other current liabilities	1,591	1,509
Total current liabilities	5,382	6,076
Long-term debt	6,393	6,314
Pension and other benefit liabilities	2,493	2,847
Post-retirement medical benefits	769	865
Other long-term liabilities	403	454
Total Liabilities	15,440	16,556
Series A Convertible Preferred Stock	349	349
Common stock	1,078	1,124
Additional paid-in capital	3,632	4,283
Treasury stock, at cost	(691)	(105)
Retained earnings	9,493	9,535
Accumulated other comprehensive loss	(4,399)	(4,159)
Xerox shareholders’ equity	9,113	10,678
Noncontrolling interests	44	75
Total Equity	9,157	10,753
Total Liabilities and Equity	$ 24,946	$ 27,658
Shares of common stock issued (shares)	1,077,523	1,124,354
Treasury stock (shares)	(65,120)	(7,609)
Shares of Common Stock Outstanding (shares)	1,012,403	1,116,745
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Cash Flows from Operating Activities:
Net (loss) income	$ (31)	$ 272	$ 216		$ 830
Adjustments required to reconcile net (loss) income to cash flows from operating activities:
Depreciation and amortization	317	349	910		1,070
Provision for receivables	16	18	48		56
Provision for inventory	8	6	24		20
Net loss (gain) on sales of businesses and assets	5	(9)	67		(38)
Undistributed equity in net income of unconsolidated affiliates	(37)	(37)	(71)		(77)
Stock-based compensation	(8)	26	37		76
Restructuring and asset impairment charges	20	28	191		93
Payments for restructurings	(20)	(31)	(81)		(103)
Contributions to defined benefit pension plans	(50)	(101)	(148)		(206)
Decrease (increase) in accounts receivable and billed portion of finance receivables	115	(96)	(130)		(485)
Collections of deferred proceeds from sales of receivables	58	106	192		332
Increase in inventories	(61)	(34)	(254)		(137)
Increase in equipment on operating leases	(71)	(81)	(210)		(204)
(Increase) decrease in finance receivables	(30)	28	48		82
Collections on beneficial interest from sales of finance receivables	10	20	37		62
Increase in other current and long-term assets	(34)	(61)	(94)		(179)
(Decrease) increase in accounts payable and accrued compensation	(67)	126	(105)		38
Increase (decrease) in other current and long-term liabilities	271	28	188		(80)
Net change in income tax assets and liabilities	(142)	56	(93)		128
Net change in derivative assets and liabilities	(19)	(4)	(17)		(25)
Other operating, net	21	(14)	(22)		(47)
Net cash provided by operating activities	271	595	733		1,206
Cash Flows from Investing Activities:
Cost of additions to land, buildings and equipment	(39)	(91)	(191)		(277)
Proceeds from sales of land, buildings and equipment	7	8	23		43
Cost of additions to internal use software	(26)	(21)	(71)		(61)
Proceeds from sale of businesses	6	1	939		16
Acquisitions, net of cash acquired	(153)	(25)	(201)		(306)
Other investing, net	(1)	0	28		11
Net cash (used in) provided by investing activities	(206)	(128)	527		(574)
Cash Flows from Financing Activities:
Net payments on debt	(74)	(40)	(171)		(335)
Common stock dividends	(84)	(77)	(231)		(218)
Preferred stock dividends	(6)	(6)	(18)		(18)
Proceeds from issuances of common stock	3	10	17		49
Excess tax benefits from stock-based compensation	14	9	17		15
Payments to acquire treasury stock, including fees	(691)	(251)	(1,302)		(730)
Repurchases related to stock-based compensation	(49)	(39)	(50)		(40)
Distributions to noncontrolling interests	(1)	(23)	(57)		(40)
Other financing	0	0	(1)		(10)
Net cash used in financing activities	(888)	(417)	(1,796)		(1,327)
Effect of exchange rate changes on cash and cash equivalents	(14)	(42)	(71)		(54)
(Decrease) increase in cash and cash equivalents	(837)	8	(607)		(749)
Cash and cash equivalents at beginning of period	1,641	1,007	1,411	[1]	1,764
Cash and Cash Equivalents at End of Period	$ 804	$ 1,015	$ 804		$ 1,015
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation References herein to “we,” “us,” “our,” the “Company” and “Xerox” refer to Xerox Corporation and its consolidated subsidiaries unless the context suggests otherwise. We have prepared the accompanying unaudited Condensed Consolidated Financial Statements in accordance with the accounting policies described in our 2014 Annual Report on Form 10-K (2014 Annual Report), and the interim reporting requirements of Form 10-Q. Accordingly, certain information and note disclosures normally included in our annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. You should read these Condensed Consolidated Financial Statements in conjunction with the Consolidated Financial Statements included in our 2014 Annual Report. In our opinion, all adjustments which are necessary for a fair statement of financial position, operating results and cash flows for the interim periods presented have been made. These adjustments consist of normal recurring items. Interim results of operations are not necessarily indicative of the results of the full year. For convenience and ease of reference, we refer to the financial statement caption “(Loss) Income before Income Taxes and Equity Income” as “pre-tax (loss) income.” In December 2014 we announced an agreement to sell our Information Technology Outsourcing (ITO) business to Atos SE (Atos). As a result of this agreement and having met applicable accounting requirements, we reported the ITO business as held for sale and a discontinued operation at December 31, 2014 through its sale, which was completed on June 30, 2015. In 2014 we also completed the disposal of two smaller businesses - Xerox Audio Visual Solutions, Inc. (XAV) and Truckload Management Services (TMS) - that were also reported as discontinued operations. All prior periods have been reclassified to conform to the presentation of these businesses as discontinued operations. Refer to Note 5 - Divestitures, for additional information regarding discontinued operations. During the third quarter 2015, we recorded a $16 out-of-period adjustment associated with the over accrual of an employee benefit liability account. The impact of this adjustment was not material to any individual prior quarter or year and is not material to anticipated 2015 results. During second quarter 2015, in connection with Fuji Xerox’s (FX) payment of its semi-annual dividend, we determined that the dividends were no longer subject to an additional tax as a result of a change in the U.K. - Japan Tax Treaty in December 2014. As of December 31, 2014, we had a deferred tax liability of $ 44 associated with this additional tax on the undistributed earnings of FX through that date. This deferred tax liability was no longer required as a result of the change in the Tax Treaty and, therefore, should have been reversed in December 2014. There was no impact on operating cash flows from this adjustment. We assessed the materiality of this error on our 2014 financial statements and concluded that it was not material to the fourth quarter or annual period. However, due to the impact of this adjustment on the current year consolidated financial statements, the accompanying unaudited Condensed Consolidated Balance Sheet has been revised as of December 31, 2014 to increase retained earnings by $ 44 and decrease our deferred tax liabilities by the same amount. The following table presents the effect of this correction on our Consolidated Statements of Income for all periods affected: Three Months Ended December 31, 2014 Year Ended December 31, 2014 As Reported As Revised As Reported As Revised Income tax expense $ 78 $ 34 $ 259 $ 215 Income from Continuing Operations 311 355 1,107 1,151 Net Income 162 206 992 1,036 Net Income Attributable to Xerox 156 200 969 1,013 Net Income Attributable to Xerox - continuing operations 305 349 1,084 1,128 Basic Earnings per Share: Continuing Operations $ 0.26 $ 0.30 $ 0.92 $ 0.96 Total Basic Earnings per Share 0.13 0.17 0.82 0.86 Diluted Earnings per Share: Continuing Operations $ 0.26 $ 0.30 $ 0.90 $ 0.94 Total Diluted Earnings per Share 0.13 0.17 0.81 0.85 The following table presents the effect this correction had on our Consolidated Balance Sheet at December 31, 2014: December 31, 2014 As Reported As Revised Other long-term liabilities $ 498 $ 454 Total Liabilities 16,600 16,556 Retained earnings 9,491 9,535 Xerox shareholders' equity 10,634 10,678 Total Equity 10,709 10,753 The correction did not have an effect on the Company’s operating cash flows. The following table presents the effect on the individual line items within operating cash flows of our Consolidated Statement of Cash Flows for the year ended December 31, 2014: Year Ended December 31, 2014 As Reported As Revised Net income $ 992 $ 1,036 Net change in income tax assets and liabilities 29 (15 )

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Revenue Recognition: In May 2014, the FASB issued ASU 2014-09 , Revenue from Contracts with Customers (Topic 606) , to supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing U.S. GAAP, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU 2014-09 is effective for our fiscal year beginning January 1, 2018, with early adoption permitted for fiscal years beginning January 1, 2017. The standard will be adopted using either of two methods: (i) retrospective to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (ii) retrospective with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASU 2014-09. We are currently evaluating the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements. Interest: In April 2015, the FASB issued ASU 2015-03 , Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs . The update requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. Debt issuance costs are currently reported as a deferred charge in Other long-term assets and were $34 at September 30, 2015 . This update is effective for our fiscal year beginning January 1, 2016 with early adoption permitted. The adoption of this standard is not expected to have a material effect on our financial condition, results of operations or cash flows. Discontinued Operations: In April 2014, the FASB issued ASU 2014-08 , Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The update changes the requirements for reporting discontinued operations in Subtopic 205-20. A discontinued operation may include a component of an entity or a group of components of an entity, or a business. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business or a major equity method investment. Additionally, the update requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income and expenses of discontinued operations. This update was effective prospectively for our fiscal year beginning January 1, 2015. The standard primarily involves presentation and disclosure and, therefore, is not expected to have a material impact on our financial condition, results of operations or cash flows. Service Concession Arrangements: In January 2014, the FASB issued ASU 2014-05 , Service Concession Arrangements (Topic 853) . This update specifies that an entity should not account for a service concession arrangement within the scope of this update as a lease in accordance with Topic 840, Leases. The update was effective for our fiscal year beginning January 1, 2015. The adoption of this standard did not have a material effect on our financial condition, results of operation or cash flows. Other Updates In 2015 and 2014, the FASB also issued the following Accounting Standards Updates which are not expected to have a material impact on our financial condition, results of operations or cash flows when adopted in future periods. Those updates are as follows: • Business Combinations: ASU 2015-16 , Accounting for Measurement Period Adjustments in a Business Combination , which is effective for our fiscal year beginning January 1, 2016. • Inventory: ASU 2015-11 , Simplifying the Subsequent Measurement of Inventory, which is effective for our fiscal year beginning January 1, 2017. • Fair Value Measurements: ASU 2015-07 , Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or its Equivalent) , which is effective for our fiscal year beginning January 1, 2016. • Intangibles - Goodwill and Other - Internal Use Software: ASU 2015-05 , Intangibles-Goodwill and Other-Internal Use Software - Customer's Accounting for Fees Paid in a Cloud Computing Arrangement., which is effective for our fiscal year beginning January 1, 2016. • Consolidation: ASU 2015-02 , Consolidation (Topic 810): Amendments to the Consolidation Analysis . This update is effective for our fiscal year beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. • Income Statement: ASU 2015-01, Income Statement - Extraordinary and Unusual Items (Subtopic 225-20) - Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items . The standard primarily involves presentation and disclosure. • Derivatives and Hedging: ASU 2014-16 , Derivatives and Hedging (Topic 815) - Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity, which is effective for our fiscal year beginning January 1, 2016, with early adoption permitted. • Disclosures of Going Concern Uncertainties: ASU 2014-15 , Presentation of Financial Statements - Going Concern (Subtopic 205-40); Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern , which is effective for our fiscal year beginning January 1, 2016, with early adoption permitted. • Stock Compensation: ASU 2014-12 , Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period, which is effective for our fiscal year beginning January 1, 2016, with early adoption permitted.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Our reportable segments are aligned with how we manage the business and view the markets we serve. We report our financial performance based on the following two primary reportable segments – Services and Document Technology. Our Services segment operations involve delivery of a broad range of services, including business process and document outsourcing. Our Document Technology segment includes the sale and support of a broad range of document systems from entry level to high-end. The Services segment is comprised of two outsourcing service offerings: • Business Process Outsourcing (BPO) • Document Outsourcing (which includes Managed Print Services) (DO) Business process outsourcing services include service arrangements where we manage a customer’s business activity or process. We provide multi-industry offerings such as customer care, transaction processing, finance and accounting, and human resources, as well as industry-focused offerings in areas such as healthcare, transportation, financial services, retail and telecommunications. Document outsourcing services include service arrangements that allow customers to streamline, simplify and digitize document-intensive business processes through automation and deployment of software applications and tools and the management of their printing needs. Document outsourcing services also include revenues from our partner print services offerings. Our Document Technology segment includes the sale of products that share common technology, manufacturing and product platforms. Our products groupings range from: • “Entry,” which includes A4 devices and desktop printers; to • “Mid-range,” which includes A3 devices that generally serve workgroup environments in midsize to large enterprises and includes products that fall into the following market categories: Color 41+ ppm priced at less than $100K and Light Production 91+ ppm priced at less than $100K; to • “High-end,” which includes production printing and publishing systems that generally serve the graphic communications marketplace and large enterprises. Customers range from small and mid-sized businesses to large enterprises. Customers also include graphic communication enterprises as well as channel partners including distributors and resellers. Segment revenues reflect the sale of document systems and supplies, technical services and product financing. The segment classified as Other includes several units, none of which meet the thresholds for separate segment reporting. This group includes paper sales in our developing market countries, Wide Format Systems, licensing revenues, Global Imaging Systems (GIS) network integration solutions and electronic presentation systems, non-allocated corporate items including non-financing interest and other items included in Other expenses, net. Operating segment revenues and profitability were as follows: Three Months Ended Nine Months Ended Segment Revenue Segment Profit (Loss) Segment Revenue Segment Profit(Loss) 2015 Services (1) $ 2,416 $ (184 ) $ 7,499 $ 197 Document Technology 1,778 227 5,488 658 Other 139 (76 ) 405 (214 ) Total $ 4,333 $ (33 ) $ 13,392 $ 641 2014 Services $ 2,623 $ 240 $ 7,859 $ 688 Document Technology 2,029 284 6,199 839 Other 143 (82 ) 449 (207 ) Total $ 4,795 $ 442 $ 14,507 $ 1,320 __________________________ (1) The Services segment results for the three and nine months ended September 30,2015 include a charge of $389 related to our Health Enterprise platform implementations in California and Montana. $116 of the charge was recorded as a reduction to revenues and the remainder of $273 was recorded to Cost of outsourcing, maintenance and rentals. Three Months Ended Nine Months Ended Reconciliation to Pre-tax Income 2015 2014 2015 2014 Segment (Loss) Profit $ (33 ) $ 442 $ 641 $ 1,320 Reconciling items: Restructuring and asset impairment charges, and related costs (1) (22 ) (33 ) (200 ) (108 ) Restructuring charges of Fuji Xerox (2 ) (1 ) (4 ) (3 ) Amortization of intangible assets (77 ) (77 ) (233 ) (232 ) Equity in net income of unconsolidated affiliates (40 ) (44 ) (103 ) (119 ) Other 1 (1 ) 1 — Pre-tax (Loss) Income $ (173 ) $ 286 $ 102 $ 858 __________________________ (1) Includes business transformation costs of $2 and $6 for the three months ended September 30, 2015 and 2014, respectively, and $9 and $16 for the nine months ended September 30, 2015 and 2014, respectively. Business transformation costs represent incremental costs incurred directly in support of our business transformation and restructuring initiatives such as compensation costs for overlapping staff, consulting costs and training costs.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions In September 2015, we acquired RSA Medical LLC (RSA Medical), a leading provider of health assessment and risk management for members interacting with health and life insurance companies, for $141 in cash. The acquisition of RSA Medical will expand Xerox's portfolio of healthcare service offerings to payers and life insurers using predictive analytics to enhance member outreach services aimed at improving overall population health. RSA Medical is included in our Services segment. In January 2015 , we acquired Intellinex LLC (Intellinex), formerly Intrepid Learning Solutions, Inc., a Seattle-based company, for $28 in cash. Intellinex provides outsourced learning services primarily in the aerospace manufacturing and technology industries. The acquisition of Intellinex will solidify the position of Xerox's Learning Services unit as a leading provider of end-to-end outsourced learning services, and adds key vertical market expertise in the aerospace industry. Intellinex is included in our Services segment. During 2015 we also acquired two additional businesses in our Services segment for approximately $26 in cash, and one additional business in our Document Technology segment for approximately $6 in cash. The operating results of these acquisitions are not material to our financial statements and are included within our results from the acquisition dates. The purchase prices were allocated primarily to intangible assets, goodwill and internal use software based on third-party valuations and management’s estimates.

Divestitures

Divestitures	9 Months Ended
	Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	Divestitures Information Technology Outsourcing (ITO) In December 2014 we announced an agreement to sell the ITO business to Atos and began reporting it as a Discontinued Operation. All prior periods were accordingly revised to conform to this presentation. The sale was completed on June 30, 2015. The final sale price of approximately $940 ($ 930 net of cash sold) reflects closing adjustments, including an adjustment for changes in net asset values and additional proceeds for the condition of certain assets at the closing. Atos also assumed approximately $85 of capital lease obligations and pension liabilities. Net after-tax proceeds are estimated to be approximately $850 , which reflects expected cash taxes as well as our transaction and transition costs associated with the disposal. The ITO business included approximately 9,600 employees in 42 countries, who were transferred to Atos upon closing. In fourth quarter 2014, we recorded a net pre-tax loss of $181 related to the pending sale, reflecting the write-down of the carrying value of the ITO disposal group, inclusive of goodwill, to its estimated fair value less costs to sell. In 2015, we recorded an additional net pre-tax loss of $77 ( $5 in third quarter 2015) primarily related to adjustment of the sales price and related expenses associated with the disposal, as well as reserves for certain obligations and indemnifications we retained as part of the final closing negotiations. In addition, we recorded tax expense of $52 ($2 in third quarter 2015) primarily related to the difference between the book basis and tax basis of allocated goodwill, which could only be recorded upon final disposal of the business. The amounts recorded in third quarter 2015 primarily represent changes in estimates associated with post-closing adjustments. The transaction continues to be subject to post-closing adjustments primarily related to a final true-up of net assets and other indemnification obligations. In the event there are additional charges associated with this disposal, we will record such amounts through discontinued operations in future periods. Other Discontinued Operations Other discontinued operations include the 2014 closure of Xerox Audio Visual Solutions, Inc. (XAV) and the 2014 sale of our Truckload Management Services, Inc. (TMS) business. Summarized financial information for our Discontinued Operations is as follows : Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 ITO Other Total ITO Other Total ITO Other Total ITO Other Total Revenues $ — $ — $ — $ 325 $ 6 $ 331 $ 619 $ — $ 619 $ 993 $ 45 $ 1,038 Income (loss) from operations (1), (2) — — — 15 (1 ) 14 104 — 104 58 (1 ) 57 Loss on disposal (5 ) — (5 ) — (1 ) (1 ) (77 ) — (77 ) — (1 ) (1 ) Net (loss) income before income taxes $ (5 ) $ — $ (5 ) $ 15 $ (2 ) $ 13 $ 27 $ — $ 27 $ 58 $ (2 ) $ 56 Income tax benefit (expense) 2 — 2 (6 ) 1 (5 ) (91 ) — (91 ) (21 ) (1 ) (22 ) (Loss) income from discontinued operations, net of tax $ (3 ) $ — $ (3 ) $ 9 $ (1 ) $ 8 $ (64 ) $ — $ (64 ) $ 37 $ (3 ) $ 34 _______________ (1) ITO Income from operations for the nine months ended September 30, 2015 , excludes approximately $ 80 of depreciation and amortization expenses (including $ 14 for intangible amortization) since the business was held for sale. (2) ITO Income from operations for the three and nine months ended September 30, 2014 , includes approximately $41 and $121 , respectively, of depreciation and amortization expense (including intangible amortization of approximately $7 and $21 , respectively). The following is a summary of the major categories of assets and liabilities of the ITO business held for sale at December 31, 2014: December 31, 2014 Accounts receivable, net $ 213 Other current assets 146 Land, buildings and equipment, net 220 Intangible assets, net 197 Goodwill 337 Other long-term assets 147 Total Assets of Discontinued Operations $ 1,260 Current portion of long-term debt $ 31 Accounts payable 32 Accrued pension and benefit costs 9 Unearned income 64 Other current liabilities 112 Long-term debt 44 Pension and other benefit liabilities 25 Other long-term liabilities 54 Total Liabilities of Discontinued Operations $ 371

Accounts Receivable, Net

Accounts Receivable, Net	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivable, net were as follows: September 30, 2015 December 31, 2014 Amounts billed or billable $ 2,399 $ 2,421 Unbilled amounts 294 318 Allowance for doubtful accounts (81 ) (87 ) Accounts Receivable, Net $ 2,612 $ 2,652 Unbilled amounts include amounts associated with percentage-of-completion accounting and other earned revenues not currently billable due to contractual provisions. Amounts to be invoiced in the subsequent month for current services provided are included in amounts billable, and at September 30, 2015 and December 31, 2014 were approximately $875 and $945 , respectively. We perform ongoing credit evaluations of our customers and adjust credit limits based upon customer payment history and current creditworthiness. The allowance for uncollectible accounts receivable is determined principally on the basis of past collection experience, as well as consideration of current economic conditions and changes in our customer collection trends. Accounts Receivable Sales Arrangements Accounts receivable sales arrangements are utilized in the normal course of business as part of our cash and liquidity management. We have facilities in the U.S., Canada and several countries in Europe that enable us to sell certain accounts receivable without recourse to third-parties. The accounts receivable sold are generally short-term trade receivables with payment due dates of less than 60 days. All of our arrangements involve the sale of our entire interest in groups of accounts receivable for cash. In most instances a portion of the sales proceeds are held back by the purchaser and payment is deferred until collection of the related receivables sold. Such holdbacks are not considered legal securities nor are they certificated. We report collections on such receivables as operating cash flows in the Condensed Consolidated Statements of Cash Flows because such receivables are the result of an operating activity and the associated interest rate risk is de minimis due to its short-term nature. Our risk of loss following the sales of accounts receivable is limited to the outstanding deferred purchase price receivable. These receivables are included in the caption Other current assets in the accompanying Condensed Consolidated Balance Sheets and were $68 and $73 at September 30, 2015 and December 31, 2014 , respectively. Under most of the arrangements, we continue to service the sold accounts receivable. When applicable, a servicing liability is recorded for the estimated fair value of the servicing. The amounts associated with the servicing liability were not material. Of the accounts receivable sold and derecognized from our balance sheet, $516 and $580 remained uncollected as of September 30, 2015 and December 31, 2014 , respectively. Accounts receivable sales were as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Accounts receivable sales $ 551 $ 696 $ 1,739 $ 2,244 Deferred proceeds 67 94 186 314 Loss on sales of accounts receivable 3 4 9 12 Estimated decrease to operating cash flows (1) (31 ) (22 ) (45 ) (42 ) __________________________ (1) Represents the difference between current and prior period receivable sales adjusted for the effects of: (i) the deferred proceeds, (ii) collections prior to the end of the quarter and, (iii) currency. Finance Receivables, Net Sale of Finance Receivables In 2013 and 2012 , we transferred our entire interest in certain groups of lease finance receivables to third-party entities for cash proceeds and beneficial interests. The transfers were accounted for as sales with derecognition of the associated lease receivables. There have been no transfers of finance receivables since the year ended December 31, 2013 . We continue to service the sold receivables and record servicing fee income over the expected life of the associated receivables. The following is a summary of our prior sales activity. Year Ended December 31, 2013 2012 Net carrying value (NCV) sold $ 676 $ 682 Allowance included in NCV 17 18 Cash proceeds received 635 630 Beneficial interests received 86 101 The principal value of finance receivables derecognized from our balance sheet was $301 and $549 (sales value of approximately $323 and $596 ) at September 30, 2015 and December 31, 2014 , respectively. Summary The lease portfolios transferred and sold were from our Document Technology segment. The ultimate purchaser has no recourse to our other assets for the failure of customers to pay principal and interest when due beyond our beneficial interests, which were $46 and $77 at September 30, 2015 and December 31, 2014 , respectively, and are included in the caption Other current assets and Other long-term assets in the accompanying Condensed Consolidated Balance Sheets. Beneficial interests of $37 and $64 at September 30, 2015 and December 31, 2014 , respectively, are held by bankruptcy-remote subsidiaries and therefore are not available to satisfy any of our creditor obligations. We report collections on the beneficial interests as operating cash flows in the Condensed Consolidated Statements of Cash Flows because such beneficial interests are the result of an operating activity, and the associated interest rate risk is de minimis considering their weighted average lives of less than 2 years. The net impact from the sales of finance receivables on operating cash flows is summarized below: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Impact from prior sales of finance receivables (1) $ (79 ) $ (125 ) $ (273 ) $ (411 ) Collections on beneficial interest 12 23 45 74 Estimated Decrease to Operating Cash Flows $ (67 ) $ (102 ) $ (228 ) $ (337 ) ____________________________ (1) Represents cash that would have been collected had we not sold finance receivables. Finance Receivables – Allowance for Credit Losses and Credit Quality Finance receivables include sales-type leases, direct financing leases and installment loans. Our finance receivable portfolios are primarily in the U.S., Canada and Europe. We generally establish customer credit limits and estimate the allowance for credit losses on a country or geographic basis. Our policy and methodology used to establish our allowance for doubtful accounts has been consistently applied over all periods presented. The following table is a rollforward of the allowance for doubtful finance receivables as well as the related investment in finance receivables: Allowance for Credit Losses: United States Canada Europe Other (3) Total Balance at December 31, 2014 $ 41 $ 20 $ 58 $ 12 $ 131 Provision 2 1 5 3 11 Charge-offs — (3 ) (1 ) (1 ) (5 ) Recoveries and other (1) — — (6 ) — (6 ) Balance at March 31, 2015 $ 43 $ 18 $ 56 $ 14 $ 131 Provision 1 1 6 2 10 Charge-offs (1 ) (2 ) (5 ) (2 ) (10 ) Recoveries and other (1) (1 ) 1 3 — 3 Balance at June 30, 2015 $ 42 $ 18 $ 60 $ 14 $ 134 Provision 1 1 6 1 9 Charge-offs — (3 ) (1 ) — (4 ) Recoveries and other (1) — — (1 ) — (1 ) Balance at September 30, 2015 $ 43 $ 16 $ 64 $ 15 $ 138 Finance receivables as of September 30, 2015 collectively evaluated for impairment (2) $ 1,744 $ 366 $ 1,562 $ 465 $ 4,137 Balance at December 31, 2013 $ 45 $ 22 $ 81 $ 6 $ 154 Provision 3 2 7 3 15 Charge-offs (1 ) (4 ) (5 ) (2 ) (12 ) Recoveries and other (1) 1 — — — 1 Balance at March 31, 2014 $ 48 $ 20 $ 83 $ 7 $ 158 Provision 1 2 11 1 15 Charge-offs — (4 ) (8 ) 1 (11 ) Recoveries and other (1) — 2 — — 2 Balance at June 30, 2014 $ 49 $ 20 $ 86 $ 9 $ 164 Provision (1 ) 2 7 2 10 Charge-offs (2 ) (2 ) (7 ) (1 ) (12 ) Recoveries and other (1) 1 1 (6 ) (1 ) (5 ) Balance at September 30, 2014 $ 47 $ 21 $ 80 $ 9 $ 157 Finance receivables as of September 30, 2014 collectively evaluated for impairment (2) $ 1,699 $ 404 $ 1,952 $ 363 $ 4,418 __________________ (1) Includes the impacts of foreign currency translation and adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations. (2) Total Finance receivables exclude the allowance for credit losses of $138 and $157 at September 30, 2015 and 2014 , respectively. (3) Includes developing market countries and smaller units. We evaluate our customers based on the following credit quality indicators: • Investment grade: This rating includes accounts with excellent to good business credit, asset quality and the capacity to meet financial obligations. These customers are less susceptible to adverse effects due to shifts in economic conditions or changes in circumstance. The rating generally equates to a Standard & Poors (S&P) rating of BBB- or better. Loss rates in this category are normally minimal at less than 1% . • Non-investment grade: This rating includes accounts with average credit risk that are more susceptible to loss in the event of adverse business or economic conditions. This rating generally equates to a BB S&P rating. Although we experience higher loss rates associated with this customer class, we believe the risk is somewhat mitigated by the fact that our leases are fairly well dispersed across a large and diverse customer base. In addition, the higher loss rates are largely offset by the higher rates of return we obtain on such leases. Loss rates in this category are generally in the range of 2% to 4% . • Substandard: This rating includes accounts that have marginal credit risk such that the customer’s ability to make repayment is impaired or may likely become impaired. We use numerous strategies to mitigate risk including higher rates of interest, prepayments, personal guarantees, etc. Accounts in this category include customers who were downgraded during the term of the lease from investment and non-investment grade status when the lease was originated. Accordingly, there is a distinct possibility for a loss of principal and interest or customer default. The loss rates in this category are around 10% . Credit quality indicators are updated at least annually and the credit quality of any given customer can change during the life of the portfolio. Details about our finance receivables portfolio based on industry and credit quality indicators are as follows: September 30, 2015 December 31, 2014 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 192 $ 178 $ 58 $ 428 $ 195 $ 159 $ 55 $ 409 Government and education 556 12 3 571 589 13 3 605 Graphic arts 142 87 120 349 148 79 90 317 Industrial 86 44 17 147 92 41 18 151 Healthcare 83 25 14 122 84 26 14 124 Other 53 48 26 127 55 38 29 122 Total United States 1,112 394 238 1,744 1,163 356 209 1,728 Finance and other services 55 33 10 98 54 31 12 97 Government and education 60 7 2 69 76 8 2 86 Graphic arts 47 36 23 106 58 49 36 143 Industrial 23 12 3 38 24 13 4 41 Other 32 20 3 55 34 19 4 57 Total Canada 217 108 41 366 246 120 58 424 France 194 253 82 529 253 234 129 616 U.K./Ireland 240 95 2 337 255 101 6 362 Central (1) 213 195 29 437 230 278 30 538 Southern (2) 40 128 29 197 60 148 36 244 Nordics (3) 24 38 — 62 25 49 1 75 Total Europe 711 709 142 1,562 823 810 202 1,835 Other 170 229 66 465 195 163 40 398 Total $ 2,210 $ 1,440 $ 487 $ 4,137 $ 2,427 $ 1,449 $ 509 $ 4,385 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland. The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows: September 30, 2015 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 8 $ 2 $ 2 $ 12 $ 416 $ 428 $ 14 Government and education 16 4 4 24 547 571 32 Graphic arts 12 2 1 15 334 349 9 Industrial 3 1 1 5 142 147 9 Healthcare 4 1 1 6 116 122 6 Other 3 1 — 4 123 127 7 Total United States 46 11 9 66 1,678 1,744 77 Canada 8 2 1 11 355 366 9 France — — — — 529 529 32 U.K./Ireland 3 1 — 4 333 337 1 Central (1) 3 1 2 6 431 437 9 Southern (2) 11 3 3 17 180 197 11 Nordics (3) — — 1 1 61 62 6 Total Europe 17 5 6 28 1,534 1,562 59 Other 15 2 — 17 448 465 — Total $ 86 $ 20 $ 16 $ 122 $ 4,015 $ 4,137 $ 145 December 31, 2014 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 7 $ 2 $ 1 $ 10 $ 399 $ 409 $ 13 Government and education 14 4 3 21 584 605 25 Graphic arts 12 1 1 14 303 317 6 Industrial 4 1 1 6 145 151 9 Healthcare 3 1 — 4 120 124 5 Other 3 1 — 4 118 122 6 Total United States 43 10 6 59 1,669 1,728 64 Canada 9 2 1 12 412 424 17 France — 1 2 3 613 616 35 U.K./Ireland 1 — — 1 361 362 1 Central (1) 2 2 1 5 533 538 15 Southern (2) 14 4 4 22 222 244 17 Nordics (3) 1 — — 1 74 75 2 Total Europe 18 7 7 32 1,803 1,835 70 Other 13 1 — 14 384 398 — Total $ 83 $ 20 $ 14 $ 117 $ 4,268 $ 4,385 $ 151 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.

Finance Receivables, Net

Finance Receivables, Net	9 Months Ended
	Sep. 30, 2015
Financing Receivable, Net [Abstract]
Finance Receivables, Net	Accounts Receivable, Net Accounts receivable, net were as follows: September 30, 2015 December 31, 2014 Amounts billed or billable $ 2,399 $ 2,421 Unbilled amounts 294 318 Allowance for doubtful accounts (81 ) (87 ) Accounts Receivable, Net $ 2,612 $ 2,652 Unbilled amounts include amounts associated with percentage-of-completion accounting and other earned revenues not currently billable due to contractual provisions. Amounts to be invoiced in the subsequent month for current services provided are included in amounts billable, and at September 30, 2015 and December 31, 2014 were approximately $875 and $945 , respectively. We perform ongoing credit evaluations of our customers and adjust credit limits based upon customer payment history and current creditworthiness. The allowance for uncollectible accounts receivable is determined principally on the basis of past collection experience, as well as consideration of current economic conditions and changes in our customer collection trends. Accounts Receivable Sales Arrangements Accounts receivable sales arrangements are utilized in the normal course of business as part of our cash and liquidity management. We have facilities in the U.S., Canada and several countries in Europe that enable us to sell certain accounts receivable without recourse to third-parties. The accounts receivable sold are generally short-term trade receivables with payment due dates of less than 60 days. All of our arrangements involve the sale of our entire interest in groups of accounts receivable for cash. In most instances a portion of the sales proceeds are held back by the purchaser and payment is deferred until collection of the related receivables sold. Such holdbacks are not considered legal securities nor are they certificated. We report collections on such receivables as operating cash flows in the Condensed Consolidated Statements of Cash Flows because such receivables are the result of an operating activity and the associated interest rate risk is de minimis due to its short-term nature. Our risk of loss following the sales of accounts receivable is limited to the outstanding deferred purchase price receivable. These receivables are included in the caption Other current assets in the accompanying Condensed Consolidated Balance Sheets and were $68 and $73 at September 30, 2015 and December 31, 2014 , respectively. Under most of the arrangements, we continue to service the sold accounts receivable. When applicable, a servicing liability is recorded for the estimated fair value of the servicing. The amounts associated with the servicing liability were not material. Of the accounts receivable sold and derecognized from our balance sheet, $516 and $580 remained uncollected as of September 30, 2015 and December 31, 2014 , respectively. Accounts receivable sales were as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Accounts receivable sales $ 551 $ 696 $ 1,739 $ 2,244 Deferred proceeds 67 94 186 314 Loss on sales of accounts receivable 3 4 9 12 Estimated decrease to operating cash flows (1) (31 ) (22 ) (45 ) (42 ) __________________________ (1) Represents the difference between current and prior period receivable sales adjusted for the effects of: (i) the deferred proceeds, (ii) collections prior to the end of the quarter and, (iii) currency. Finance Receivables, Net Sale of Finance Receivables In 2013 and 2012 , we transferred our entire interest in certain groups of lease finance receivables to third-party entities for cash proceeds and beneficial interests. The transfers were accounted for as sales with derecognition of the associated lease receivables. There have been no transfers of finance receivables since the year ended December 31, 2013 . We continue to service the sold receivables and record servicing fee income over the expected life of the associated receivables. The following is a summary of our prior sales activity. Year Ended December 31, 2013 2012 Net carrying value (NCV) sold $ 676 $ 682 Allowance included in NCV 17 18 Cash proceeds received 635 630 Beneficial interests received 86 101 The principal value of finance receivables derecognized from our balance sheet was $301 and $549 (sales value of approximately $323 and $596 ) at September 30, 2015 and December 31, 2014 , respectively. Summary The lease portfolios transferred and sold were from our Document Technology segment. The ultimate purchaser has no recourse to our other assets for the failure of customers to pay principal and interest when due beyond our beneficial interests, which were $46 and $77 at September 30, 2015 and December 31, 2014 , respectively, and are included in the caption Other current assets and Other long-term assets in the accompanying Condensed Consolidated Balance Sheets. Beneficial interests of $37 and $64 at September 30, 2015 and December 31, 2014 , respectively, are held by bankruptcy-remote subsidiaries and therefore are not available to satisfy any of our creditor obligations. We report collections on the beneficial interests as operating cash flows in the Condensed Consolidated Statements of Cash Flows because such beneficial interests are the result of an operating activity, and the associated interest rate risk is de minimis considering their weighted average lives of less than 2 years. The net impact from the sales of finance receivables on operating cash flows is summarized below: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Impact from prior sales of finance receivables (1) $ (79 ) $ (125 ) $ (273 ) $ (411 ) Collections on beneficial interest 12 23 45 74 Estimated Decrease to Operating Cash Flows $ (67 ) $ (102 ) $ (228 ) $ (337 ) ____________________________ (1) Represents cash that would have been collected had we not sold finance receivables. Finance Receivables – Allowance for Credit Losses and Credit Quality Finance receivables include sales-type leases, direct financing leases and installment loans. Our finance receivable portfolios are primarily in the U.S., Canada and Europe. We generally establish customer credit limits and estimate the allowance for credit losses on a country or geographic basis. Our policy and methodology used to establish our allowance for doubtful accounts has been consistently applied over all periods presented. The following table is a rollforward of the allowance for doubtful finance receivables as well as the related investment in finance receivables: Allowance for Credit Losses: United States Canada Europe Other (3) Total Balance at December 31, 2014 $ 41 $ 20 $ 58 $ 12 $ 131 Provision 2 1 5 3 11 Charge-offs — (3 ) (1 ) (1 ) (5 ) Recoveries and other (1) — — (6 ) — (6 ) Balance at March 31, 2015 $ 43 $ 18 $ 56 $ 14 $ 131 Provision 1 1 6 2 10 Charge-offs (1 ) (2 ) (5 ) (2 ) (10 ) Recoveries and other (1) (1 ) 1 3 — 3 Balance at June 30, 2015 $ 42 $ 18 $ 60 $ 14 $ 134 Provision 1 1 6 1 9 Charge-offs — (3 ) (1 ) — (4 ) Recoveries and other (1) — — (1 ) — (1 ) Balance at September 30, 2015 $ 43 $ 16 $ 64 $ 15 $ 138 Finance receivables as of September 30, 2015 collectively evaluated for impairment (2) $ 1,744 $ 366 $ 1,562 $ 465 $ 4,137 Balance at December 31, 2013 $ 45 $ 22 $ 81 $ 6 $ 154 Provision 3 2 7 3 15 Charge-offs (1 ) (4 ) (5 ) (2 ) (12 ) Recoveries and other (1) 1 — — — 1 Balance at March 31, 2014 $ 48 $ 20 $ 83 $ 7 $ 158 Provision 1 2 11 1 15 Charge-offs — (4 ) (8 ) 1 (11 ) Recoveries and other (1) — 2 — — 2 Balance at June 30, 2014 $ 49 $ 20 $ 86 $ 9 $ 164 Provision (1 ) 2 7 2 10 Charge-offs (2 ) (2 ) (7 ) (1 ) (12 ) Recoveries and other (1) 1 1 (6 ) (1 ) (5 ) Balance at September 30, 2014 $ 47 $ 21 $ 80 $ 9 $ 157 Finance receivables as of September 30, 2014 collectively evaluated for impairment (2) $ 1,699 $ 404 $ 1,952 $ 363 $ 4,418 __________________ (1) Includes the impacts of foreign currency translation and adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations. (2) Total Finance receivables exclude the allowance for credit losses of $138 and $157 at September 30, 2015 and 2014 , respectively. (3) Includes developing market countries and smaller units. We evaluate our customers based on the following credit quality indicators: • Investment grade: This rating includes accounts with excellent to good business credit, asset quality and the capacity to meet financial obligations. These customers are less susceptible to adverse effects due to shifts in economic conditions or changes in circumstance. The rating generally equates to a Standard & Poors (S&P) rating of BBB- or better. Loss rates in this category are normally minimal at less than 1% . • Non-investment grade: This rating includes accounts with average credit risk that are more susceptible to loss in the event of adverse business or economic conditions. This rating generally equates to a BB S&P rating. Although we experience higher loss rates associated with this customer class, we believe the risk is somewhat mitigated by the fact that our leases are fairly well dispersed across a large and diverse customer base. In addition, the higher loss rates are largely offset by the higher rates of return we obtain on such leases. Loss rates in this category are generally in the range of 2% to 4% . • Substandard: This rating includes accounts that have marginal credit risk such that the customer’s ability to make repayment is impaired or may likely become impaired. We use numerous strategies to mitigate risk including higher rates of interest, prepayments, personal guarantees, etc. Accounts in this category include customers who were downgraded during the term of the lease from investment and non-investment grade status when the lease was originated. Accordingly, there is a distinct possibility for a loss of principal and interest or customer default. The loss rates in this category are around 10% . Credit quality indicators are updated at least annually and the credit quality of any given customer can change during the life of the portfolio. Details about our finance receivables portfolio based on industry and credit quality indicators are as follows: September 30, 2015 December 31, 2014 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 192 $ 178 $ 58 $ 428 $ 195 $ 159 $ 55 $ 409 Government and education 556 12 3 571 589 13 3 605 Graphic arts 142 87 120 349 148 79 90 317 Industrial 86 44 17 147 92 41 18 151 Healthcare 83 25 14 122 84 26 14 124 Other 53 48 26 127 55 38 29 122 Total United States 1,112 394 238 1,744 1,163 356 209 1,728 Finance and other services 55 33 10 98 54 31 12 97 Government and education 60 7 2 69 76 8 2 86 Graphic arts 47 36 23 106 58 49 36 143 Industrial 23 12 3 38 24 13 4 41 Other 32 20 3 55 34 19 4 57 Total Canada 217 108 41 366 246 120 58 424 France 194 253 82 529 253 234 129 616 U.K./Ireland 240 95 2 337 255 101 6 362 Central (1) 213 195 29 437 230 278 30 538 Southern (2) 40 128 29 197 60 148 36 244 Nordics (3) 24 38 — 62 25 49 1 75 Total Europe 711 709 142 1,562 823 810 202 1,835 Other 170 229 66 465 195 163 40 398 Total $ 2,210 $ 1,440 $ 487 $ 4,137 $ 2,427 $ 1,449 $ 509 $ 4,385 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland. The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows: September 30, 2015 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 8 $ 2 $ 2 $ 12 $ 416 $ 428 $ 14 Government and education 16 4 4 24 547 571 32 Graphic arts 12 2 1 15 334 349 9 Industrial 3 1 1 5 142 147 9 Healthcare 4 1 1 6 116 122 6 Other 3 1 — 4 123 127 7 Total United States 46 11 9 66 1,678 1,744 77 Canada 8 2 1 11 355 366 9 France — — — — 529 529 32 U.K./Ireland 3 1 — 4 333 337 1 Central (1) 3 1 2 6 431 437 9 Southern (2) 11 3 3 17 180 197 11 Nordics (3) — — 1 1 61 62 6 Total Europe 17 5 6 28 1,534 1,562 59 Other 15 2 — 17 448 465 — Total $ 86 $ 20 $ 16 $ 122 $ 4,015 $ 4,137 $ 145 December 31, 2014 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 7 $ 2 $ 1 $ 10 $ 399 $ 409 $ 13 Government and education 14 4 3 21 584 605 25 Graphic arts 12 1 1 14 303 317 6 Industrial 4 1 1 6 145 151 9 Healthcare 3 1 — 4 120 124 5 Other 3 1 — 4 118 122 6 Total United States 43 10 6 59 1,669 1,728 64 Canada 9 2 1 12 412 424 17 France — 1 2 3 613 616 35 U.K./Ireland 1 — — 1 361 362 1 Central (1) 2 2 1 5 533 538 15 Southern (2) 14 4 4 22 222 244 17 Nordics (3) 1 — — 1 74 75 2 Total Europe 18 7 7 32 1,803 1,835 70 Other 13 1 — 14 384 398 — Total $ 83 $ 20 $ 14 $ 117 $ 4,268 $ 4,385 $ 151 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories The following is a summary of Inventories by major category: September 30, 2015 December 31, 2014 Finished goods $ 936 $ 778 Work-in-process 63 58 Raw materials 111 98 Total Inventories $ 1,110 $ 934

Investment in Affiliates, at Eq

Investment in Affiliates, at Equity	9 Months Ended
	Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
Investment in Affiliates, at Equity	Investment in Affiliates, at Equity Our equity in net income of unconsolidated affiliates was as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Fuji Xerox $ 34 $ 41 $ 90 $ 111 Other investments 6 3 13 8 Total Equity in Net Income of Unconsolidated Affiliates $ 40 $ 44 $ 103 $ 119 Fuji Xerox Equity in net income of Fuji Xerox is affected by certain adjustments required to reflect the deferral of profit associated with intercompany sales. These adjustments may result in recorded equity income that is different from that implied by our 25% ownership interest. Condensed financial data of Fuji Xerox was as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Summary of Operations: Revenues $ 2,518 $ 2,872 $ 7,638 $ 8,600 Costs and expenses 2,333 2,612 7,064 7,923 Income before income taxes 185 260 574 677 Income tax expense 57 87 186 212 Net Income 128 173 388 465 Less: Net income – noncontrolling interests 1 1 5 3 Net Income – Fuji Xerox $ 127 $ 172 $ 383 $ 462 Weighted Average Exchange Rate (1) 122.11 104.07 120.88 102.97 _____________________________ (1) Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs

Restructuring Programs	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring Programs	Restructuring Programs During the nine months ended September 30, 2015 , we recorded net restructuring and asset impairment charges of $191 , which included approximately $54 of severance costs related to headcount reductions of approximately 1,780 employees worldwide, $4 of lease cancellations and $153 of asset impairments. $146 of the asset impairments were associated with a second quarter 2015 change in our Government Healthcare Solutions strategy in our Services segment. These costs were offset by $20 of net reversals, primarily resulting from changes in estimated reserves from prior period initiatives. Information related to restructuring program activity during the nine months ended September 30, 2015 is outlined below: Severance and Related Costs Lease Cancellation and Other Costs Asset Impairments (2) Total Balance at December 31, 2014 $ 93 $ 4 $ — $ 97 Provision 54 4 153 211 Reversals (17 ) (3 ) — (20 ) Net Current Period Charges (1) 37 1 153 191 Charges against reserve and currency (86 ) (3 ) (153 ) (242 ) Balance at September 30, 2015 $ 44 $ 2 $ — $ 46 _____________________________ (1) Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown. (2) Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision. Reconciliation to the Condensed Consolidated Statements of Cash Flows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Charges against reserve $ (30 ) $ (35 ) $ (242 ) $ (116 ) Asset impairments 7 — 153 7 Effects of foreign currency and other non-cash items 3 4 8 6 Restructuring Cash Payments $ (20 ) $ (31 ) $ (81 ) $ (103 ) The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Services (1) $ 11 $ 5 $ 165 $ 19 Document Technology 1 20 18 62 Other 8 2 8 11 Total Net Restructuring Charges $ 20 $ 27 $ 191 $ 92 _____________________________ (1) The nine months ended September 30, 2015 includes $146 of software asset impairment charges.

Debt

Debt	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt Senior Notes We issued the following Senior Notes in 2015: • In August 2015 we issued $400 of 3.50% Senior Notes due 2020 (the "2020 Senior Notes") at 99.113% of par resulting in aggregate net proceeds of approximately $396 . • In March 2015, we issued $400 of 2.75% Senior Notes due 2020 (the "2020 Senior Notes") at 99.879% of par and $250 of 4.80% Senior Notes due 2035 (the "2035 Senior Notes") at 99.428% of par, resulting in aggregate net proceeds of approximately $648 . Interest on these Senior Notes is payable semi-annually. Debt issuance costs of $9 were paid and deferred in connection with the issuances of these Senior Notes. The proceeds were used for general corporate purposes, which included repayment of a portion of our outstanding borrowings. Interest Expense and Income Interest expense and interest income were as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Interest expense (1),(2) $ 88 $ 91 $ 265 $ 286 Interest income (3) 87 98 268 301 ____________ (1) Includes Equipment financing interest as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income. (2) The nine months ended September 30, 2015 and 2014 exclude $2 and $2 , respectively, of interest on capital lease obligations related to our ITO business, which was reported as a discontinued operation through its sale on June 30, 2015. These obligations were assumed by the purchaser of the ITO business. Refer to Note 5 - Divestitures for additional information regarding this sale. (3) Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income. Net Payments on Debt Net payments on debt as shown on the Condensed Consolidated Statements of Cash Flows were as follows: Nine Months Ended 2015 2014 Net proceeds (payments) on short-term debt $ 51 $ (4 ) Proceeds from issuance of long-term debt 1,071 778 Payments on long-term debt (1) (1,293 ) (1,109 ) Net payments on debt $ (171 ) $ (335 ) ____________ (1) Includes current maturities.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments Interest Rate Risk Management We use interest rate swap agreements to manage our interest rate exposure and to achieve a desired proportion of variable and fixed rate debt. These derivatives may be designated as fair value hedges or cash flow hedges depending on the nature of the risk being hedged. Fair Value Hedges As of September 30, 2015 , pay variable/receive fixed interest rate swaps with notional amounts of $300 and net asset fair value of $12 were designated and accounted for as fair value hedges. The swaps were structured to hedge the fair value of related debt by converting them from fixed rate instruments to variable rate instruments. The following is a summary of our fair value hedges at September 30, 2015 : Debt Instrument Year First Designated Notional Amount Net Fair Value Weighted Average Interest Rate Paid Interest Rate Received Basis Maturity Senior Note 2021 2014 $ 300 $ 12 2.45 % 4.5 % Libor 2021 Foreign Exchange Risk Management We are a global company that is exposed to foreign currency exchange rate fluctuations in the normal course of our business. As a part of our foreign exchange risk management strategy, we use derivative instruments, primarily forward contracts and purchased option contracts, to hedge the following foreign currency exposures, thereby reducing volatility of earnings or protecting fair values of assets and liabilities: • Foreign currency-denominated assets and liabilities • Forecasted purchases and sales in foreign currency Summary of Foreign Exchange Hedging Positions At September 30, 2015 , we had outstanding forward exchange and purchased option contracts with gross notional values of $3,265 , which is reflective of the amounts that are normally outstanding at any point during the year. Approximately 69% of these contracts mature within three months, 10% in three to six months and 21% in six to twelve months. The following is a summary of the primary hedging positions and corresponding fair values as of September 30, 2015 : Currency Hedged (Buy/Sell) Gross Notional Value Fair Value Asset (Liability) (1) Euro/U.K. Pound Sterling $ 771 $ 14 U.S. Dollar/U.K. Pound Sterling 611 17 Japanese Yen/U.S. Dollar 404 — Canadian Dollar/Euro 279 (16 ) U.S. Dollar/Euro 268 (2 ) Japanese Yen/Euro 258 1 U.K. Pound Sterling/Euro 126 (1 ) Swiss Franc/Euro 121 1 Euro/Canadian Dollar 73 5 Philippine Peso/U.S. Dollar 50 (1 ) Mexican Peso/U.S. Dollar 43 (2 ) Indian Rupee/U.S. Dollar 39 (1 ) Mexican Peso/Euro 28 (2 ) U.S. Dollar/Canadian Dollar 27 — Swedish Kroner/Euro 23 — All Other 144 1 Total Foreign Exchange Hedging $ 3,265 $ 14 __________________ (1) Represents the net receivable (payable) amount included in the Condensed Consolidated Balance Sheet at September 30, 2015 . Foreign Currency Cash Flow Hedges We designate a portion of our foreign currency derivative contracts as cash flow hedges of our foreign currency-denominated inventory purchases, sales and expenses. The net liability fair value of these contracts was $6 and $30 as of September 30, 2015 and December 31, 2014 , respectively. Summary of Derivative Instruments Fair Value The following table provides a summary of the fair value amounts of our derivative instruments: Designation of Derivatives Balance Sheet Location September 30, 2015 December 31, 2014 Derivatives Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 4 $ 7 Other current liabilities (9 ) (39 ) Foreign currency options Other current assets 1 2 Other current liabilities (2 ) — Interest rate swaps Other long-term assets 12 5 Net Designated Derivative Asset (Liability) $ 6 $ (25 ) Derivatives NOT Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 42 $ 13 Other current liabilities (22 ) (19 ) Net Undesignated Derivative Asset (Liability) $ 20 $ (6 ) Summary of Derivatives Total Derivative Assets $ 59 $ 27 Total Derivative Liabilities (33 ) (58 ) Net Derivative Asset (Liability) $ 26 $ (31 ) Summary of Derivative Instruments Gains (Losses) Derivative gains (losses) affect the income statement based on whether such derivatives are designated as hedges of underlying exposures. The following is a summary of derivative gains (losses). Designated Derivative Instruments Gains (Losses) The following table provides a summary of gains (losses) on derivative instruments: Three Months Ended Nine Months Ended Gain (Loss) on Derivative Instruments 2015 2014 2015 2014 Fair Value Hedges - Interest rate contracts Derivative gain (loss) recognized in interest expense $ 7 $ (2 ) $ 7 $ — Hedged item (loss) gain recognized in interest expense (7 ) 2 (7 ) — Cash Flow Hedges - Foreign exchange forward contracts and options Derivative gain (loss) recognized in OCI (effective portion) $ 5 $ (19 ) $ 12 $ 10 Derivative loss reclassified from AOCI to income - Cost of sales (effective portion) (11 ) (3 ) (21 ) (32 ) During the three and nine months ended September 30, 2015 and 2014, no amount of ineffectiveness was recorded in earnings for these designated cash flow hedges and all components of each derivative’s gain (loss) was included in the assessment of hedge effectiveness. In addition, no amount was recorded for an underlying exposure that did not occur or was not expected to occur. At September 30, 2015 , a net after-tax loss of $3 was recorded in accumulated other comprehensive loss associated with our cash flow hedging activity. The entire balance is expected to be reclassified into net income within the next 12 months, providing an offsetting economic impact against the underlying anticipated transactions. Non-Designated Derivative Instruments Gains (Losses) Non-designated derivative instruments are primarily instruments used to hedge foreign currency-denominated assets and liabilities. They are not designated as hedges since there is a natural offset for the re-measurement of the underlying foreign currency-denominated asset or liability. The following table provides a summary of gains on non-designated derivative instruments: Derivatives NOT Designated as Hedging Instruments Three Months Ended Nine Months Ended Location of Derivative Gain (Loss) 2015 2014 2015 2014 Foreign exchange contracts – forwards Other expense – Currency gains (losses), net $ 33 $ 1 $ (2 ) $ 1 Net currency gains and losses are included in Other expenses, net and include the mark-to-market adjustments of the derivatives not designated as hedging instruments and the related cost of those derivatives as well as the re-measurement of foreign currency-denominated assets and liabilities. For the three and nine months ended September 30, 2015 , currency losses, net were $3 and $4 , respectively. For the three and nine months ended September 30, 2014 , currency losses, net were $0 .

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	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. September 30, 2015 December 31, 2014 Assets: Foreign exchange contracts - forwards $ 46 $ 20 Foreign currency options 1 2 Interest rate swaps 12 5 Deferred compensation investments in cash surrender life insurance 92 94 Deferred compensation investments in mutual funds 33 32 Total $ 184 $ 153 Liabilities: Foreign exchange options $ 2 $ — Foreign exchange contracts - forwards 31 58 Deferred compensation plan liabilities 124 135 Total $ 157 $ 193 We utilize the income approach to measure the fair value for our derivative assets and liabilities. The income approach uses pricing models that rely on market observable inputs such as yield curves, currency exchange rates and forward prices, and therefore are classified as Level 2. Fair value for our deferred compensation plan investments in Company-owned life insurance is reflected at cash surrender value. Fair value for our deferred compensation plan investments in mutual funds is based on quoted market prices for actively traded investments similar to those held by the plan. Fair value for deferred compensation plan liabilities is based on the fair value of investments corresponding to employees’ investment selections, based on quoted prices for similar assets in actively traded markets. Summary of Other Financial Assets and Liabilities Not Measured at Fair Value on a Recurring Basis The estimated fair values of our other financial assets and liabilities not measured at fair value on a recurring basis were as follows: September 30, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value Cash and cash equivalents $ 804 $ 804 $ 1,411 $ 1,411 Accounts receivable, net 2,612 2,612 2,652 2,652 Short-term debt 1,183 1,194 1,427 1,417 Long-term debt 6,393 6,564 6,314 6,719 The fair value amounts for Cash and cash equivalents and Accounts receivable, net approximate carrying amounts due to the short maturities of these instruments. The fair value of Short and Long-term debt was estimated based on quoted market prices for publicly-traded securities or on the current rates offered to us for debt of similar maturities. The difference between the fair value and the carrying value represents the theoretical net premium or discount we would pay or receive to retire all debt at such date.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows: Three Months Ended September 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2015 2014 2015 2014 2015 2014 Service cost $ 1 $ 2 $ 8 $ 9 $ 2 $ 2 Interest cost 38 39 53 71 8 9 Expected return on plan assets (38 ) (41 ) (73 ) (88 ) — — Recognized net actuarial loss 5 5 19 13 — 1 Amortization of prior service credit — — — (1 ) (1 ) (11 ) Recognized settlement loss 16 13 — — — — Recognized curtailment gain — — — 1 — — Defined Benefit Plans 22 18 7 5 9 1 Defined contribution plans (1) 15 15 8 13 — — Net Periodic Benefit Cost 37 33 15 18 9 1 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss: Net actuarial (gain) loss (2) (40 ) 25 — — — — Amortization of prior service credit — — — 1 1 11 Amortization of net actuarial loss (21 ) (18 ) (19 ) (13 ) — (1 ) Curtailment gain - recognition of net prior service credit — — — — — — Total Recognized in Other Comprehensive Loss (3) (61 ) 7 (19 ) (12 ) 1 10 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss $ (24 ) $ 40 $ (4 ) $ 6 $ 10 $ 11 Nine Months Ended September 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2015 2014 2015 2014 2015 2014 Service cost $ 3 $ 7 $ 25 $ 26 $ 6 $ 6 Interest cost 114 117 159 207 25 27 Expected return on plan assets (114 ) (121 ) (220 ) (260 ) — — Recognized net actuarial loss 18 13 59 41 1 1 Amortization of prior service credit (1 ) (1 ) (2 ) (2 ) (16 ) (32 ) Recognized settlement loss 61 38 — — — — Recognized curtailment gain — — — 1 (22 ) — Defined Benefit Plans 81 53 21 13 (6 ) 2 Defined contribution plans (1) 46 45 28 31 — — Net Periodic Benefit Cost 127 98 49 44 (6 ) 2 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss: Net actuarial (gain) loss (2) (92 ) 322 (2 ) — (58 ) — Amortization of prior service credit 1 1 2 2 16 32 Amortization of net actuarial loss (79 ) (51 ) (59 ) (41 ) (1 ) (1 ) Curtailment gain - recognition of net prior service credit — — — — 22 — Total Recognized in Other Comprehensive Loss (3) (170 ) 272 (59 ) (39 ) (21 ) 31 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss $ (43 ) $ 370 $ (10 ) $ 5 $ (27 ) $ 33 _____________________________ (1) The nine months ended September 30, 2015 and 2014 , exclude defined contribution expense of $4 and $6 , respectively, related to our ITO business, which was reported as a discontinued operation through its sale on June 30, 2015. Refer to Note 5 - Divestitures for additional information regarding this sale. (2) The net actuarial (gain) loss for U.S. Plans primarily reflect: i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements; and ii) adjustments for the actual valuation results based on January 1st plan census data. (3) Amounts represent the pre-tax effect included within Other comprehensive loss. Refer to Note 16 - Other Comprehensive Loss for related tax effects and the after-tax amounts. Plan Amendments In June 2015, we amended our U.S. Retiree Health Plan to eliminate future benefit accruals for active salaried employees effective December 31, 2015. There was no change in benefits for union employees or existing retirees or employees that retire before December 31, 2015. As a result of this plan amendment, we recognized a pre-tax curtailment gain of $ 22 in the second quarter 2015. The gain represents the recognition of deferred gains from other prior-year amendments (“prior service credits”) as a result of the discontinuation of the future benefit or service accrual period for active salaried employees. The amendment is not expected to materially impact Retiree Health expense for the remainder of 2015. Contributions During the nine months ended September 30, 2015 , we made cash contributions of $148 ( $40 U.S. and $108 Non-U.S.) to our defined benefit pension plans and $49 to our retiree health benefit plans. We presently anticipate additional cash contributions of $192 ( $140 U.S. and $52 Non-U.S.) to our defined benefit pension plans and $22 to our retiree health benefit plans in 2015 for total full-year cash contributions of approximately $340 ( $180 U.S. and $160 Non-U.S.) to our defined benefit pension plans and $71 to our retiree health benefit plans. In 2014, full-year cash contributions to our defined benefit pension plans were $284 ( $124 U.S. and $160 Non-U.S.) and $70 to our retiree health benefit plans.

Shareholders Equity

Shareholders Equity	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity Common Stock Additional Paid-in Capital Treasury Stock Retained Earnings (3) AOCL (4) Xerox Shareholders’ Equity Non-controlling Interests Total Equity Balance at December 31, 2014 $ 1,124 $ 4,283 $ (105 ) $ 9,535 $ (4,159 ) $ 10,678 $ 75 $ 10,753 Comprehensive income (loss), net — — — 203 (240 ) (37 ) 12 (25 ) Cash dividends declared- common (1) — — — (227 ) — (227 ) — (227 ) Cash dividends declared - preferred (2) — — — (18 ) — (18 ) — (18 ) Stock option and incentive plans, net 11 8 — — — 19 — 19 Payments to acquire treasury stock, including fees — — (1,302 ) — — (1,302 ) — (1,302 ) Cancellation of treasury stock (57 ) (659 ) 716 — — — — — Distributions to noncontrolling interests — — — — — — (43 ) (43 ) Balance at September 30, 2015 $ 1,078 $ 3,632 $ (691 ) $ 9,493 $ (4,399 ) $ 9,113 $ 44 $ 9,157 Common Stock Additional Paid-in Capital Treasury Stock Retained Earnings AOCL (4) Xerox Shareholders’ Equity Non- controlling Interests Total Equity Balance at December 31, 2013 $ 1,210 $ 5,282 $ (252 ) $ 8,839 $ (2,779 ) $ 12,300 $ 119 $ 12,419 Comprehensive income (loss), net — — — 813 (449 ) 364 16 380 Cash dividends declared-common (1) — — — (222 ) — (222 ) — (222 ) Cash dividends declared-preferred (2) — — — (18 ) — (18 ) — (18 ) Conversion of notes to common stock 1 8 — — — 9 — 9 Stock option and incentive plans, net 13 86 — — — 99 — 99 Payments to acquire treasury stock, including fees — — (730 ) — — (730 ) — (730 ) Cancellation of treasury stock (64 ) (666 ) 730 — — — — — Distributions to noncontrolling interests — — — — — — (29 ) (29 ) Balance at September 30, 2014 $ 1,160 $ 4,710 $ (252 ) $ 9,412 $ (3,228 ) $ 11,802 $ 106 $ 11,908 _____________________________ (1) Cash dividends declared on common stock of $0.07 per share in each quarter of 2015 and $0.0625 per share in each quarter of 2014 . (2) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2015 and 2014 . (3) Balance at December 31, 2014 was revised - Refer to Note 1 - Basis of Presentation for additional information regarding this revision. (4) Refer to Note 16 - Other Comprehensive Loss for components of AOCL. Treasury Stock The following is a summary of the purchases of common stock made during the nine months ended September 30, 2015 under our authorized stock repurchase programs (shares in thousands): Shares Amount December 31, 2014 7,609 $ 105 Purchases (1) 115,201 1,302 Cancellations (57,690 ) (716 ) September 30, 2015 65,120 $ 691 ____________________________ (1) Includes associated fees.

Other Comprehensive Loss

Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2015
Other Comprehensive Income (Loss) [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Loss Other Comprehensive Loss is comprised of the following: Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Translation Adjustments Losses $ (206 ) $ (206 ) $ (494 ) $ (492 ) $ (521 ) $ (521 ) $ (400 ) $ (401 ) Unrealized Gains (Losses): Changes in fair value of cash flow hedges - gains (losses) 5 4 (19 ) (10 ) 12 11 10 10 Changes in cash flow hedges reclassed to earnings (1) 11 5 3 2 21 9 32 23 Other losses (2 ) (1 ) (1 ) (1 ) (2 ) (2 ) (1 ) (1 ) Net Unrealized Gains (Losses) 14 8 (17 ) (9 ) 31 18 41 32 Defined Benefit Plans Gains (Losses): Net actuarial gains (losses) 40 25 (25 ) (15 ) 152 94 (322 ) (198 ) Prior service amortization/curtailment (2) (1 ) (2 ) (12 ) (8 ) (41 ) (26 ) (35 ) (22 ) Actuarial loss amortization/settlement (2) 40 27 32 22 139 94 93 63 Fuji Xerox changes in defined benefit plans, net (3) (5 ) (5 ) 4 4 22 22 34 34 Other gains (4) 51 52 70 70 78 78 42 42 Changes in Defined Benefit Plans Gains (Losses) 125 97 69 73 350 262 (188 ) (81 ) Other Comprehensive Loss (67 ) (101 ) (442 ) (428 ) (140 ) (241 ) (547 ) (450 ) Less: Other comprehensive loss attributable to noncontrolling interests (1 ) (1 ) (2 ) (2 ) (1 ) (1 ) (1 ) (1 ) Other Comprehensive Loss Attributable to Xerox $ (66 ) $ (100 ) $ (440 ) $ (426 ) $ (139 ) $ (240 ) $ (546 ) $ (449 ) _____________________________ (1) Reclassified to Cost of sales - refer to Note 12 - Financial Instruments for additional information regarding our cash flow hedges. (2) Reclassified to Total Net Periodic Benefit Cost - refer to Note 14 - Employee Benefit Plans for additional information. (3) Represents our share of Fuji Xerox's benefit plan changes. (4) 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, 2015 December 31, 2014 Cumulative translation adjustments $ (2,263 ) $ (1,743 ) Other unrealized losses, net (4 ) (22 ) Benefit plans net actuarial losses and prior service credits (1) (2,132 ) (2,394 ) Total Accumulated Other Comprehensive Loss Attributable to Xerox $ (4,399 ) $ (4,159 ) _____________________________ (1) Includes our share of Fuji Xerox.

Earnings per Share

Earnings per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands): Three Months Ended Nine Months Ended 2015 2014 2015 2014 Basic (Loss) Earnings per Share: Net (loss) income from continuing operations attributable to Xerox $ (31 ) $ 258 $ 267 $ 779 Accrued dividends on preferred stock (6 ) (6 ) (18 ) (18 ) Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders (37 ) 252 249 761 Net (loss) income from discontinued operations attributable to Xerox (3 ) 8 (64 ) 34 Adjusted Net (Loss) Income Available to Common Shareholders $ (40 ) $ 260 $ 185 $ 795 Weighted average common shares outstanding 1,045,131 1,149,113 1,080,020 1,163,442 Basic (Loss) Earnings per Share: Continuing operations $ (0.04 ) $ 0.22 $ 0.23 $ 0.65 Discontinued operations — 0.01 (0.06 ) 0.03 Total $ (0.04 ) $ 0.23 $ 0.17 $ 0.68 Diluted (Loss) Earnings per Share: Net (loss) income from continuing operations attributable to Xerox $ (31 ) $ 258 $ 267 $ 779 Accrued dividends on preferred stock (6 ) (6 ) (18 ) (18 ) Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders $ (37 ) $ 252 $ 249 $ 761 Net (loss) income from discontinued operations attributable to Xerox (3 ) 8 (64 ) 34 Adjusted Net (Loss) Income Available to Common Shareholders $ (40 ) $ 260 $ 185 $ 795 Weighted average common shares outstanding 1,045,131 1,149,113 1,080,020 1,163,442 Common shares issuable with respect to: Stock options — 2,793 1,265 3,177 Restricted stock and performance shares — 13,533 11,995 14,363 Convertible preferred stock — — — — Adjusted Weighted Average Common Shares Outstanding 1,045,131 1,165,439 1,093,280 1,180,982 Diluted (Loss) Earnings per Share: Continuing operations $ (0.04 ) $ 0.21 $ 0.23 $ 0.64 Discontinued operations — 0.01 (0.06 ) 0.03 Total $ (0.04 ) $ 0.22 $ 0.17 $ 0.67 The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive: Stock options 3,391 4,143 2,125 3,759 Restricted stock and performance shares 25,996 18,958 18,214 18,128 Convertible preferred stock 26,966 26,966 26,966 26,966 Total Anti-Dilutive Securities 56,353 50,067 47,305 48,853 Dividends per Common Share $ 0.0700 $ 0.0625 $ 0.2100 $ 0.1875

Contingencies and Litigation

Contingencies and Litigation	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Litigation	Contingencies and Litigation Legal Matters As more fully discussed below, we are involved in a variety of claims, lawsuits, investigations and proceedings concerning securities law, intellectual property law, environmental law, employment law and the Employee Retirement Income Security Act (ERISA). We determine whether an estimated loss from a contingency should be accrued by assessing whether a loss is deemed probable and can be reasonably estimated. We assess our potential liability by analyzing our litigation and regulatory matters using available information. We develop our views on estimated losses in consultation with outside counsel handling our defense in these matters, which involves an analysis of potential results, assuming a combination of litigation and settlement strategies. Should developments in any of these matters cause a change in our determination as to an unfavorable outcome and result in the need to recognize a material accrual, or should any of these matters result in a final adverse judgment or be settled for significant amounts, they could have a material adverse effect on our results of operations, cash flows and financial position in the period or periods in which such change in determination, judgment or settlement occurs. Brazil Tax and Labor Contingencies Our Brazilian operations are involved in various litigation matters and have received or been the subject of numerous governmental assessments related to indirect and other taxes, as well as disputes associated with former employees and contract labor. The tax matters, which comprise a significant portion of the total contingencies, principally relate to claims for taxes on the internal transfer of inventory, municipal service taxes on rentals, gross revenue taxes and import taxes and duties. We are disputing these tax matters and intend to vigorously defend our position. Based on the opinion of legal counsel and current reserves for those matters deemed probable of loss, we do not believe that the ultimate resolution of these matters will materially impact our results of operations, financial position or cash flows. The labor matters principally relate to claims made by former employees and contract labor for the equivalent payment of all social security and other related labor benefits, as well as consequential tax claims, as if they were regular employees. As of September 30, 2015 , the total amounts related to the unreserved portion of the tax and labor contingencies, inclusive of any related interest, amounted to approximately $559 , with the decrease from December 31, 2014 balance of approximately $817 primarily related to currency and closed cases partially offset by interest. With respect to the unreserved balance of $559 , the majority has been assessed by management as being remote as to the likelihood of ultimately resulting in a loss to the Company. In connection with the above proceedings, customary local regulations may require us to make escrow cash deposits or post other security of up to half of the total amount in dispute. As of September 30, 2015 , we had $68 of escrow cash deposits for matters we are disputing, and there are liens on certain Brazilian assets with a net book value of $13 , and additional letters of credit and surety bonds of approximately $175 , which include associated indexation. Generally, any escrowed amounts would be refundable and any liens would be removed to the extent the matters are resolved in our favor. We routinely assess all these matters as to probability of ultimately incurring a liability against our Brazilian operations and record our best estimate of the ultimate loss in situations where we assess the likelihood of an ultimate loss as probable. Litigation Against the Company State of Texas v. Xerox Corporation, Xerox State Healthcare, LLC, and ACS State Healthcare, LLC, a Xerox Corporation: On May 9, 2014, the State of Texas, via the Texas Office of Attorney General (the “State”), filed a lawsuit in the 53rd Judicial District Court of Travis County, Texas. The lawsuit alleges that Xerox Corporation, Xerox State Healthcare, LLC and ACS State Healthcare (collectively “Xerox” or the "Company”) violated the Texas Medicaid Fraud Prevention Act in the administration of its contract with the Texas Department of Health and Human Services (“HHSC”). The State alleges that the Company made false representations of material facts regarding the processes, procedures, implementation and results regarding the prior authorization of orthodontic claims. The State seeks recovery of actual damages, two times the amount of any overpayments made as a result of unlawful acts, civil penalties, pre- and post-judgment interest and all costs and attorneys’ fees. The State references the amount in controversy as exceeding hundreds of millions of dollars. Xerox filed its Answer in June, 2014 denying all allegations. Xerox will continue to vigorously defend itself in this matter. We do not believe it is probable that we will incur a material loss in excess of the amount accrued for this matter. In the course of litigation, we periodically engage in discussions with plaintiff’s counsel for possible resolution of the matter. Should developments cause a change in our determination as to an unfavorable outcome, or result in a final adverse judgment or settlement for a significant amount, there could be a material adverse effect on our results of operations, cash flows and financial position in the period in which such change in determination, judgment or settlement occurs. Other Contingencies - We have issued or provided the following guarantees as of September 30, 2015 : • $375 for letters of credit issued to (i) guarantee our performance under certain services contracts; (ii) support certain insurance programs; and (iii) support our obligations related to the Brazil tax and labor contingencies. • $639 for outstanding surety bonds. Certain contracts, primarily those involving public sector customers, require us to provide a surety bond as a guarantee of our performance of contractual obligations. In general, we would only be liable for the amount of these guarantees in the event of default in our performance of our obligations under each contract; the probability of which we believe is remote. We believe that our capacity in the surety markets as well as under various credit arrangements (including our Credit Facility) is sufficient to allow us to respond to future requests for proposals that require such credit support. We have service arrangements where we service third party student loans in the Federal Family Education Loan program (FFEL) on behalf of various financial institutions. We service these loans for investors under outsourcing arrangements and do not acquire any servicing rights that are transferable by us to a third party. At September 30, 2015 , we serviced a FFEL portfolio of approximately 2.0 million loans with an outstanding principal balance of approximately $30.1 billion. Some servicing agreements contain provisions that, under certain circumstances, require us to purchase the loans from the investor if the loan guaranty has been permanently terminated as a result of a loan default caused by our servicing error. If defaults caused by us are cured during an initial period, any obligation we may have to purchase these loans expires. Loans that we purchase may be subsequently cured, the guaranty reinstated and the loans repackaged for sale to third parties. We evaluate our exposure under our purchase obligations on defaulted loans and establish a reserve for potential losses, or default liability reserve, through a charge to the provision for loss on defaulted loans purchased. The reserve is evaluated periodically and adjusted based upon management’s analysis of the historical performance of the defaulted loans. As of September 30, 2015 , other current liabilities included reserves of approximately $4 for losses on defaulted loans purchased. In addition to potential purchase obligations arising from servicing errors, various laws and regulations applicable to student loan borrowers could give rise to fines, penalties and other liabilities associated with loan servicing errors. Indemnifications We have indemnified, subject to certain deductibles and limits, the purchasers of businesses or divested assets for the occurrence of specified events under certain of our divestiture agreements. Where appropriate, an obligation for such indemnifications is recorded as a liability. Since the obligated amounts of these types of indemnifications are often not explicitly stated and/or are contingent on the occurrence of future events, the overall maximum amount of the obligation under such indemnifications cannot be reasonably estimated. Other than obligations recorded as liabilities at the time of divestiture, we have not historically made significant payments for these indemnifications. Additionally, under certain of our acquisition agreements, we have provided for additional consideration to be paid to the sellers if established financial targets are achieved post-closing. We have recognized liabilities for these contingent obligations based on an estimate of the fair value of these contingencies at the time of acquisition. Contingent obligations related to indemnifications arising from our divestitures and contingent consideration provided for by our acquisitions are not expected to be material to our financial position, results of operations or cash flows.

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On October 26, 2015, Xerox announced that its Board of Directors had authorized a review of the Company’s business portfolio and capital allocation options, with the goal of enhancing shareholder value. The outcome and timing of completion of the review are uncertain at this time.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Restatement to Prior Year Income	The following table presents the effect of this correction on our Consolidated Statements of Income for all periods affected: Three Months Ended December 31, 2014 Year Ended December 31, 2014 As Reported As Revised As Reported As Revised Income tax expense $ 78 $ 34 $ 259 $ 215 Income from Continuing Operations 311 355 1,107 1,151 Net Income 162 206 992 1,036 Net Income Attributable to Xerox 156 200 969 1,013 Net Income Attributable to Xerox - continuing operations 305 349 1,084 1,128 Basic Earnings per Share: Continuing Operations $ 0.26 $ 0.30 $ 0.92 $ 0.96 Total Basic Earnings per Share 0.13 0.17 0.82 0.86 Diluted Earnings per Share: Continuing Operations $ 0.26 $ 0.30 $ 0.90 $ 0.94 Total Diluted Earnings per Share 0.13 0.17 0.81 0.85
Restatement to Prior Year Balance Sheet	The following table presents the effect this correction had on our Consolidated Balance Sheet at December 31, 2014: December 31, 2014 As Reported As Revised Other long-term liabilities $ 498 $ 454 Total Liabilities 16,600 16,556 Retained earnings 9,491 9,535 Xerox shareholders' equity 10,634 10,678 Total Equity 10,709 10,753
Restatement to Prior Year Cash Flow	The correction did not have an effect on the Company’s operating cash flows. The following table presents the effect on the individual line items within operating cash flows of our Consolidated Statement of Cash Flows for the year ended December 31, 2014: Year Ended December 31, 2014 As Reported As Revised Net income $ 992 $ 1,036 Net change in income tax assets and liabilities 29 (15 )

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Operating segment revenues and profitability	Operating segment revenues and profitability were as follows: Three Months Ended Nine Months Ended Segment Revenue Segment Profit (Loss) Segment Revenue Segment Profit(Loss) 2015 Services (1) $ 2,416 $ (184 ) $ 7,499 $ 197 Document Technology 1,778 227 5,488 658 Other 139 (76 ) 405 (214 ) Total $ 4,333 $ (33 ) $ 13,392 $ 641 2014 Services $ 2,623 $ 240 $ 7,859 $ 688 Document Technology 2,029 284 6,199 839 Other 143 (82 ) 449 (207 ) Total $ 4,795 $ 442 $ 14,507 $ 1,320 __________________________ (1) The Services segment results for the three and nine months ended September 30,2015 include a charge of $389 related to our Health Enterprise platform implementations in California and Montana. $116 of the charge was recorded as a reduction to revenues and the remainder of $273 was recorded to Cost of outsourcing, maintenance and rentals.
Reconciliation to pre-tax income (loss)	Three Months Ended Nine Months Ended Reconciliation to Pre-tax Income 2015 2014 2015 2014 Segment (Loss) Profit $ (33 ) $ 442 $ 641 $ 1,320 Reconciling items: Restructuring and asset impairment charges, and related costs (1) (22 ) (33 ) (200 ) (108 ) Restructuring charges of Fuji Xerox (2 ) (1 ) (4 ) (3 ) Amortization of intangible assets (77 ) (77 ) (233 ) (232 ) Equity in net income of unconsolidated affiliates (40 ) (44 ) (103 ) (119 ) Other 1 (1 ) 1 — Pre-tax (Loss) Income $ (173 ) $ 286 $ 102 $ 858 __________________________ (1) Includes business transformation costs of $2 and $6 for the three months ended September 30, 2015 and 2014, respectively, and $9 and $16 for the nine months ended September 30, 2015 and 2014, respectively. Business transformation costs represent incremental costs incurred directly in support of our business transformation and restructuring initiatives such as compensation costs for overlapping staff, consulting costs and training costs.

Divestitures (Tables)

Divestitures (Tables)	9 Months Ended
	Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Summarized Financial Information - Discontinued Operations	Summarized financial information for our Discontinued Operations is as follows : Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 ITO Other Total ITO Other Total ITO Other Total ITO Other Total Revenues $ — $ — $ — $ 325 $ 6 $ 331 $ 619 $ — $ 619 $ 993 $ 45 $ 1,038 Income (loss) from operations (1), (2) — — — 15 (1 ) 14 104 — 104 58 (1 ) 57 Loss on disposal (5 ) — (5 ) — (1 ) (1 ) (77 ) — (77 ) — (1 ) (1 ) Net (loss) income before income taxes $ (5 ) $ — $ (5 ) $ 15 $ (2 ) $ 13 $ 27 $ — $ 27 $ 58 $ (2 ) $ 56 Income tax benefit (expense) 2 — 2 (6 ) 1 (5 ) (91 ) — (91 ) (21 ) (1 ) (22 ) (Loss) income from discontinued operations, net of tax $ (3 ) $ — $ (3 ) $ 9 $ (1 ) $ 8 $ (64 ) $ — $ (64 ) $ 37 $ (3 ) $ 34 _______________ (1) ITO Income from operations for the nine months ended September 30, 2015 , excludes approximately $ 80 of depreciation and amortization expenses (including $ 14 for intangible amortization) since the business was held for sale. (2) ITO Income from operations for the three and nine months ended September 30, 2014 , includes approximately $41 and $121 , respectively, of depreciation and amortization expense (including intangible amortization of approximately $7 and $21 , respectively).
Discontinued operations - Balance Sheet	The following is a summary of the major categories of assets and liabilities of the ITO business held for sale at December 31, 2014: December 31, 2014 Accounts receivable, net $ 213 Other current assets 146 Land, buildings and equipment, net 220 Intangible assets, net 197 Goodwill 337 Other long-term assets 147 Total Assets of Discontinued Operations $ 1,260 Current portion of long-term debt $ 31 Accounts payable 32 Accrued pension and benefit costs 9 Unearned income 64 Other current liabilities 112 Long-term debt 44 Pension and other benefit liabilities 25 Other long-term liabilities 54 Total Liabilities of Discontinued Operations $ 371

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Schedule of accounts receivable, net	Accounts receivable, net were as follows: September 30, 2015 December 31, 2014 Amounts billed or billable $ 2,399 $ 2,421 Unbilled amounts 294 318 Allowance for doubtful accounts (81 ) (87 ) Accounts Receivable, Net $ 2,612 $ 2,652
Schedule of accounts receivables sales	Accounts receivable sales were as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Accounts receivable sales $ 551 $ 696 $ 1,739 $ 2,244 Deferred proceeds 67 94 186 314 Loss on sales of accounts receivable 3 4 9 12 Estimated decrease to operating cash flows (1) (31 ) (22 ) (45 ) (42 ) __________________________ (1) Represents the difference between current and prior period receivable sales adjusted for the effects of: (i) the deferred proceeds, (ii) collections prior to the end of the quarter and, (iii) currency.

Finance Receivables, Net (Table

Finance Receivables, Net (Tables)	9 Months Ended
	Sep. 30, 2015
Financing Receivable, Net [Abstract]
Finance Receivables Sales Activity	The following is a summary of our prior sales activity. Year Ended December 31, 2013 2012 Net carrying value (NCV) sold $ 676 $ 682 Allowance included in NCV 17 18 Cash proceeds received 635 630 Beneficial interests received 86 101
Finance Receivables Sales Impact on Operating Cash Flows	The net impact from the sales of finance receivables on operating cash flows is summarized below: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Impact from prior sales of finance receivables (1) $ (79 ) $ (125 ) $ (273 ) $ (411 ) Collections on beneficial interest 12 23 45 74 Estimated Decrease to Operating Cash Flows $ (67 ) $ (102 ) $ (228 ) $ (337 ) ____________________________ (1) Represents cash that would have been collected had we not sold finance receivables.
Allowance for Credit Losses on Financing Receivables	The following table is a rollforward of the allowance for doubtful finance receivables as well as the related investment in finance receivables: Allowance for Credit Losses: United States Canada Europe Other (3) Total Balance at December 31, 2014 $ 41 $ 20 $ 58 $ 12 $ 131 Provision 2 1 5 3 11 Charge-offs — (3 ) (1 ) (1 ) (5 ) Recoveries and other (1) — — (6 ) — (6 ) Balance at March 31, 2015 $ 43 $ 18 $ 56 $ 14 $ 131 Provision 1 1 6 2 10 Charge-offs (1 ) (2 ) (5 ) (2 ) (10 ) Recoveries and other (1) (1 ) 1 3 — 3 Balance at June 30, 2015 $ 42 $ 18 $ 60 $ 14 $ 134 Provision 1 1 6 1 9 Charge-offs — (3 ) (1 ) — (4 ) Recoveries and other (1) — — (1 ) — (1 ) Balance at September 30, 2015 $ 43 $ 16 $ 64 $ 15 $ 138 Finance receivables as of September 30, 2015 collectively evaluated for impairment (2) $ 1,744 $ 366 $ 1,562 $ 465 $ 4,137 Balance at December 31, 2013 $ 45 $ 22 $ 81 $ 6 $ 154 Provision 3 2 7 3 15 Charge-offs (1 ) (4 ) (5 ) (2 ) (12 ) Recoveries and other (1) 1 — — — 1 Balance at March 31, 2014 $ 48 $ 20 $ 83 $ 7 $ 158 Provision 1 2 11 1 15 Charge-offs — (4 ) (8 ) 1 (11 ) Recoveries and other (1) — 2 — — 2 Balance at June 30, 2014 $ 49 $ 20 $ 86 $ 9 $ 164 Provision (1 ) 2 7 2 10 Charge-offs (2 ) (2 ) (7 ) (1 ) (12 ) Recoveries and other (1) 1 1 (6 ) (1 ) (5 ) Balance at September 30, 2014 $ 47 $ 21 $ 80 $ 9 $ 157 Finance receivables as of September 30, 2014 collectively evaluated for impairment (2) $ 1,699 $ 404 $ 1,952 $ 363 $ 4,418 __________________ (1) Includes the impacts of foreign currency translation and adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations. (2) Total Finance receivables exclude the allowance for credit losses of $138 and $157 at September 30, 2015 and 2014 , respectively. (3) Includes developing market countries and smaller units.
Financing Receivable Credit Quality Indicators	Details about our finance receivables portfolio based on industry and credit quality indicators are as follows: September 30, 2015 December 31, 2014 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 192 $ 178 $ 58 $ 428 $ 195 $ 159 $ 55 $ 409 Government and education 556 12 3 571 589 13 3 605 Graphic arts 142 87 120 349 148 79 90 317 Industrial 86 44 17 147 92 41 18 151 Healthcare 83 25 14 122 84 26 14 124 Other 53 48 26 127 55 38 29 122 Total United States 1,112 394 238 1,744 1,163 356 209 1,728 Finance and other services 55 33 10 98 54 31 12 97 Government and education 60 7 2 69 76 8 2 86 Graphic arts 47 36 23 106 58 49 36 143 Industrial 23 12 3 38 24 13 4 41 Other 32 20 3 55 34 19 4 57 Total Canada 217 108 41 366 246 120 58 424 France 194 253 82 529 253 234 129 616 U.K./Ireland 240 95 2 337 255 101 6 362 Central (1) 213 195 29 437 230 278 30 538 Southern (2) 40 128 29 197 60 148 36 244 Nordics (3) 24 38 — 62 25 49 1 75 Total Europe 711 709 142 1,562 823 810 202 1,835 Other 170 229 66 465 195 163 40 398 Total $ 2,210 $ 1,440 $ 487 $ 4,137 $ 2,427 $ 1,449 $ 509 $ 4,385 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.
Finance Receivables Aging	The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows: September 30, 2015 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 8 $ 2 $ 2 $ 12 $ 416 $ 428 $ 14 Government and education 16 4 4 24 547 571 32 Graphic arts 12 2 1 15 334 349 9 Industrial 3 1 1 5 142 147 9 Healthcare 4 1 1 6 116 122 6 Other 3 1 — 4 123 127 7 Total United States 46 11 9 66 1,678 1,744 77 Canada 8 2 1 11 355 366 9 France — — — — 529 529 32 U.K./Ireland 3 1 — 4 333 337 1 Central (1) 3 1 2 6 431 437 9 Southern (2) 11 3 3 17 180 197 11 Nordics (3) — — 1 1 61 62 6 Total Europe 17 5 6 28 1,534 1,562 59 Other 15 2 — 17 448 465 — Total $ 86 $ 20 $ 16 $ 122 $ 4,015 $ 4,137 $ 145 December 31, 2014 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 7 $ 2 $ 1 $ 10 $ 399 $ 409 $ 13 Government and education 14 4 3 21 584 605 25 Graphic arts 12 1 1 14 303 317 6 Industrial 4 1 1 6 145 151 9 Healthcare 3 1 — 4 120 124 5 Other 3 1 — 4 118 122 6 Total United States 43 10 6 59 1,669 1,728 64 Canada 9 2 1 12 412 424 17 France — 1 2 3 613 616 35 U.K./Ireland 1 — — 1 361 362 1 Central (1) 2 2 1 5 533 538 15 Southern (2) 14 4 4 22 222 244 17 Nordics (3) 1 — — 1 74 75 2 Total Europe 18 7 7 32 1,803 1,835 70 Other 13 1 — 14 384 398 — Total $ 83 $ 20 $ 14 $ 117 $ 4,268 $ 4,385 $ 151 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventories	The following is a summary of Inventories by major category: September 30, 2015 December 31, 2014 Finished goods $ 936 $ 778 Work-in-process 63 58 Raw materials 111 98 Total Inventories $ 1,110 $ 934

Investment in Affiliates, at 31

Investment in Affiliates, at Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity in net income (loss) of unconsolidated affiliates	Our equity in net income of unconsolidated affiliates was as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Fuji Xerox $ 34 $ 41 $ 90 $ 111 Other investments 6 3 13 8 Total Equity in Net Income of Unconsolidated Affiliates $ 40 $ 44 $ 103 $ 119
Condensed Financial Information Of Equity Investment - Fuji Xerox	Condensed financial data of Fuji Xerox was as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Summary of Operations: Revenues $ 2,518 $ 2,872 $ 7,638 $ 8,600 Costs and expenses 2,333 2,612 7,064 7,923 Income before income taxes 185 260 574 677 Income tax expense 57 87 186 212 Net Income 128 173 388 465 Less: Net income – noncontrolling interests 1 1 5 3 Net Income – Fuji Xerox $ 127 $ 172 $ 383 $ 462 Weighted Average Exchange Rate (1) 122.11 104.07 120.88 102.97 _____________________________ (1) Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs (Tables)

Restructuring Programs (Tables)	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring Program Activity	Information related to restructuring program activity during the nine months ended September 30, 2015 is outlined below: Severance and Related Costs Lease Cancellation and Other Costs Asset Impairments (2) Total Balance at December 31, 2014 $ 93 $ 4 $ — $ 97 Provision 54 4 153 211 Reversals (17 ) (3 ) — (20 ) Net Current Period Charges (1) 37 1 153 191 Charges against reserve and currency (86 ) (3 ) (153 ) (242 ) Balance at September 30, 2015 $ 44 $ 2 $ — $ 46 _____________________________ (1) Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown. (2) Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision.
Reconciliation to the Condensed Consolidated Statements Of Cash Flows	Reconciliation to the Condensed Consolidated Statements of Cash Flows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Charges against reserve $ (30 ) $ (35 ) $ (242 ) $ (116 ) Asset impairments 7 — 153 7 Effects of foreign currency and other non-cash items 3 4 8 6 Restructuring Cash Payments $ (20 ) $ (31 ) $ (81 ) $ (103 )
Total Costs incurred with Restructuring programs, by segment	The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Services (1) $ 11 $ 5 $ 165 $ 19 Document Technology 1 20 18 62 Other 8 2 8 11 Total Net Restructuring Charges $ 20 $ 27 $ 191 $ 92 _____________________________ (1) The nine months ended September 30, 2015 includes $146 of software asset impairment charges.

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule Of Interest Expense And Interest Income	Interest expense and interest income were as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Interest expense (1),(2) $ 88 $ 91 $ 265 $ 286 Interest income (3) 87 98 268 301 ____________ (1) Includes Equipment financing interest as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income. (2) The nine months ended September 30, 2015 and 2014 exclude $2 and $2 , respectively, of interest on capital lease obligations related to our ITO business, which was reported as a discontinued operation through its sale on June 30, 2015. These obligations were assumed by the purchaser of the ITO business. Refer to Note 5 - Divestitures for additional information regarding this sale. (3) Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income.
Net Payments/Proceeds on Debt	Net payments on debt as shown on the Condensed Consolidated Statements of Cash Flows were as follows: Nine Months Ended 2015 2014 Net proceeds (payments) on short-term debt $ 51 $ (4 ) Proceeds from issuance of long-term debt 1,071 778 Payments on long-term debt (1) (1,293 ) (1,109 ) Net payments on debt $ (171 ) $ (335 ) ____________ (1) Includes current maturities.

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives	The following is a summary of our fair value hedges at September 30, 2015 : Debt Instrument Year First Designated Notional Amount Net Fair Value Weighted Average Interest Rate Paid Interest Rate Received Basis Maturity Senior Note 2021 2014 $ 300 $ 12 2.45 % 4.5 % Libor 2021
Forward Foreign Exchange Contracts - currency pairs	The following is a summary of the primary hedging positions and corresponding fair values as of September 30, 2015 : Currency Hedged (Buy/Sell) Gross Notional Value Fair Value Asset (Liability) (1) Euro/U.K. Pound Sterling $ 771 $ 14 U.S. Dollar/U.K. Pound Sterling 611 17 Japanese Yen/U.S. Dollar 404 — Canadian Dollar/Euro 279 (16 ) U.S. Dollar/Euro 268 (2 ) Japanese Yen/Euro 258 1 U.K. Pound Sterling/Euro 126 (1 ) Swiss Franc/Euro 121 1 Euro/Canadian Dollar 73 5 Philippine Peso/U.S. Dollar 50 (1 ) Mexican Peso/U.S. Dollar 43 (2 ) Indian Rupee/U.S. Dollar 39 (1 ) Mexican Peso/Euro 28 (2 ) U.S. Dollar/Canadian Dollar 27 — Swedish Kroner/Euro 23 — All Other 144 1 Total Foreign Exchange Hedging $ 3,265 $ 14 __________________ (1) Represents the net receivable (payable) amount included in the Condensed Consolidated Balance Sheet at September 30, 2015 .
Summary of Derivative Instruments Fair Value	The following table provides a summary of the fair value amounts of our derivative instruments: Designation of Derivatives Balance Sheet Location September 30, 2015 December 31, 2014 Derivatives Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 4 $ 7 Other current liabilities (9 ) (39 ) Foreign currency options Other current assets 1 2 Other current liabilities (2 ) — Interest rate swaps Other long-term assets 12 5 Net Designated Derivative Asset (Liability) $ 6 $ (25 ) Derivatives NOT Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 42 $ 13 Other current liabilities (22 ) (19 ) Net Undesignated Derivative Asset (Liability) $ 20 $ (6 ) Summary of Derivatives Total Derivative Assets $ 59 $ 27 Total Derivative Liabilities (33 ) (58 ) Net Derivative Asset (Liability) $ 26 $ (31 )
Derivative Instruments, Gain (Loss)	The following table provides a summary of gains (losses) on derivative instruments: Three Months Ended Nine Months Ended Gain (Loss) on Derivative Instruments 2015 2014 2015 2014 Fair Value Hedges - Interest rate contracts Derivative gain (loss) recognized in interest expense $ 7 $ (2 ) $ 7 $ — Hedged item (loss) gain recognized in interest expense (7 ) 2 (7 ) — Cash Flow Hedges - Foreign exchange forward contracts and options Derivative gain (loss) recognized in OCI (effective portion) $ 5 $ (19 ) $ 12 $ 10 Derivative loss reclassified from AOCI to income - Cost of sales (effective portion) (11 ) (3 ) (21 ) (32 )
Summary of Derivatives Not Designated as Hedging Instruments Gains (Losses)	The following table provides a summary of gains on non-designated derivative instruments: Derivatives NOT Designated as Hedging Instruments Three Months Ended Nine Months Ended Location of Derivative Gain (Loss) 2015 2014 2015 2014 Foreign exchange contracts – forwards Other expense – Currency gains (losses), net $ 33 $ 1 $ (2 ) $ 1

Fair Value of Financial Asset35

Fair Value of Financial Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
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. September 30, 2015 December 31, 2014 Assets: Foreign exchange contracts - forwards $ 46 $ 20 Foreign currency options 1 2 Interest rate swaps 12 5 Deferred compensation investments in cash surrender life insurance 92 94 Deferred compensation investments in mutual funds 33 32 Total $ 184 $ 153 Liabilities: Foreign exchange options $ 2 $ — Foreign exchange contracts - forwards 31 58 Deferred compensation plan liabilities 124 135 Total $ 157 $ 193
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 not measured at fair value on a recurring basis were as follows: September 30, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value Cash and cash equivalents $ 804 $ 804 $ 1,411 $ 1,411 Accounts receivable, net 2,612 2,612 2,652 2,652 Short-term debt 1,183 1,194 1,427 1,417 Long-term debt 6,393 6,564 6,314 6,719

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Components of net periodic benefit cost and other changes in plan assets and benefit obligations	The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows: Three Months Ended September 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2015 2014 2015 2014 2015 2014 Service cost $ 1 $ 2 $ 8 $ 9 $ 2 $ 2 Interest cost 38 39 53 71 8 9 Expected return on plan assets (38 ) (41 ) (73 ) (88 ) — — Recognized net actuarial loss 5 5 19 13 — 1 Amortization of prior service credit — — — (1 ) (1 ) (11 ) Recognized settlement loss 16 13 — — — — Recognized curtailment gain — — — 1 — — Defined Benefit Plans 22 18 7 5 9 1 Defined contribution plans (1) 15 15 8 13 — — Net Periodic Benefit Cost 37 33 15 18 9 1 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss: Net actuarial (gain) loss (2) (40 ) 25 — — — — Amortization of prior service credit — — — 1 1 11 Amortization of net actuarial loss (21 ) (18 ) (19 ) (13 ) — (1 ) Curtailment gain - recognition of net prior service credit — — — — — — Total Recognized in Other Comprehensive Loss (3) (61 ) 7 (19 ) (12 ) 1 10 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss $ (24 ) $ 40 $ (4 ) $ 6 $ 10 $ 11 Nine Months Ended September 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2015 2014 2015 2014 2015 2014 Service cost $ 3 $ 7 $ 25 $ 26 $ 6 $ 6 Interest cost 114 117 159 207 25 27 Expected return on plan assets (114 ) (121 ) (220 ) (260 ) — — Recognized net actuarial loss 18 13 59 41 1 1 Amortization of prior service credit (1 ) (1 ) (2 ) (2 ) (16 ) (32 ) Recognized settlement loss 61 38 — — — — Recognized curtailment gain — — — 1 (22 ) — Defined Benefit Plans 81 53 21 13 (6 ) 2 Defined contribution plans (1) 46 45 28 31 — — Net Periodic Benefit Cost 127 98 49 44 (6 ) 2 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss: Net actuarial (gain) loss (2) (92 ) 322 (2 ) — (58 ) — Amortization of prior service credit 1 1 2 2 16 32 Amortization of net actuarial loss (79 ) (51 ) (59 ) (41 ) (1 ) (1 ) Curtailment gain - recognition of net prior service credit — — — — 22 — Total Recognized in Other Comprehensive Loss (3) (170 ) 272 (59 ) (39 ) (21 ) 31 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss $ (43 ) $ 370 $ (10 ) $ 5 $ (27 ) $ 33 _____________________________ (1) The nine months ended September 30, 2015 and 2014 , exclude defined contribution expense of $4 and $6 , respectively, related to our ITO business, which was reported as a discontinued operation through its sale on June 30, 2015. Refer to Note 5 - Divestitures for additional information regarding this sale. (2) The net actuarial (gain) loss for U.S. Plans primarily reflect: i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements; and ii) adjustments for the actual valuation results based on January 1st plan census data. (3) Amounts represent the pre-tax effect included within Other comprehensive loss. Refer to Note 16 - Other Comprehensive Loss for related tax effects and the after-tax amounts. P

Shareholders Equity (Tables)

Shareholders Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	Common Stock Additional Paid-in Capital Treasury Stock Retained Earnings (3) AOCL (4) Xerox Shareholders’ Equity Non-controlling Interests Total Equity Balance at December 31, 2014 $ 1,124 $ 4,283 $ (105 ) $ 9,535 $ (4,159 ) $ 10,678 $ 75 $ 10,753 Comprehensive income (loss), net — — — 203 (240 ) (37 ) 12 (25 ) Cash dividends declared- common (1) — — — (227 ) — (227 ) — (227 ) Cash dividends declared - preferred (2) — — — (18 ) — (18 ) — (18 ) Stock option and incentive plans, net 11 8 — — — 19 — 19 Payments to acquire treasury stock, including fees — — (1,302 ) — — (1,302 ) — (1,302 ) Cancellation of treasury stock (57 ) (659 ) 716 — — — — — Distributions to noncontrolling interests — — — — — — (43 ) (43 ) Balance at September 30, 2015 $ 1,078 $ 3,632 $ (691 ) $ 9,493 $ (4,399 ) $ 9,113 $ 44 $ 9,157 Common Stock Additional Paid-in Capital Treasury Stock Retained Earnings AOCL (4) Xerox Shareholders’ Equity Non- controlling Interests Total Equity Balance at December 31, 2013 $ 1,210 $ 5,282 $ (252 ) $ 8,839 $ (2,779 ) $ 12,300 $ 119 $ 12,419 Comprehensive income (loss), net — — — 813 (449 ) 364 16 380 Cash dividends declared-common (1) — — — (222 ) — (222 ) — (222 ) Cash dividends declared-preferred (2) — — — (18 ) — (18 ) — (18 ) Conversion of notes to common stock 1 8 — — — 9 — 9 Stock option and incentive plans, net 13 86 — — — 99 — 99 Payments to acquire treasury stock, including fees — — (730 ) — — (730 ) — (730 ) Cancellation of treasury stock (64 ) (666 ) 730 — — — — — Distributions to noncontrolling interests — — — — — — (29 ) (29 ) Balance at September 30, 2014 $ 1,160 $ 4,710 $ (252 ) $ 9,412 $ (3,228 ) $ 11,802 $ 106 $ 11,908 _____________________________ (1) Cash dividends declared on common stock of $0.07 per share in each quarter of 2015 and $0.0625 per share in each quarter of 2014 . (2) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2015 and 2014 . (3) Balance at December 31, 2014 was revised - Refer to Note 1 - Basis of Presentation for additional information regarding this revision. (4) Refer to Note 16 - Other Comprehensive Loss for components of AOCL.
Schedule of Treasury Stock by Class	The following is a summary of the purchases of common stock made during the nine months ended September 30, 2015 under our authorized stock repurchase programs (shares in thousands): Shares Amount December 31, 2014 7,609 $ 105 Purchases (1) 115,201 1,302 Cancellations (57,690 ) (716 ) September 30, 2015 65,120 $ 691 ____________________________ (1) Includes associated fees.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Other Comprehensive Income (Loss) [Abstract]
Schedule of Comprehensive Income (Loss)	Other Comprehensive Loss is comprised of the following: Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Translation Adjustments Losses $ (206 ) $ (206 ) $ (494 ) $ (492 ) $ (521 ) $ (521 ) $ (400 ) $ (401 ) Unrealized Gains (Losses): Changes in fair value of cash flow hedges - gains (losses) 5 4 (19 ) (10 ) 12 11 10 10 Changes in cash flow hedges reclassed to earnings (1) 11 5 3 2 21 9 32 23 Other losses (2 ) (1 ) (1 ) (1 ) (2 ) (2 ) (1 ) (1 ) Net Unrealized Gains (Losses) 14 8 (17 ) (9 ) 31 18 41 32 Defined Benefit Plans Gains (Losses): Net actuarial gains (losses) 40 25 (25 ) (15 ) 152 94 (322 ) (198 ) Prior service amortization/curtailment (2) (1 ) (2 ) (12 ) (8 ) (41 ) (26 ) (35 ) (22 ) Actuarial loss amortization/settlement (2) 40 27 32 22 139 94 93 63 Fuji Xerox changes in defined benefit plans, net (3) (5 ) (5 ) 4 4 22 22 34 34 Other gains (4) 51 52 70 70 78 78 42 42 Changes in Defined Benefit Plans Gains (Losses) 125 97 69 73 350 262 (188 ) (81 ) Other Comprehensive Loss (67 ) (101 ) (442 ) (428 ) (140 ) (241 ) (547 ) (450 ) Less: Other comprehensive loss attributable to noncontrolling interests (1 ) (1 ) (2 ) (2 ) (1 ) (1 ) (1 ) (1 ) Other Comprehensive Loss Attributable to Xerox $ (66 ) $ (100 ) $ (440 ) $ (426 ) $ (139 ) $ (240 ) $ (546 ) $ (449 ) _____________________________ (1) Reclassified to Cost of sales - refer to Note 12 - Financial Instruments for additional information regarding our cash flow hedges. (2) Reclassified to Total Net Periodic Benefit Cost - refer to Note 14 - Employee Benefit Plans for additional information. (3) Represents our share of Fuji Xerox's benefit plan changes. (4) Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.
Schedule of Accumulated Other Comprehensive Loss	AOCL is comprised of the following: September 30, 2015 December 31, 2014 Cumulative translation adjustments $ (2,263 ) $ (1,743 ) Other unrealized losses, net (4 ) (22 ) Benefit plans net actuarial losses and prior service credits (1) (2,132 ) (2,394 ) Total Accumulated Other Comprehensive Loss Attributable to Xerox $ (4,399 ) $ (4,159 ) _____________________________ (1) Includes our share of Fuji Xerox.

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Basic and Diluted Earnings per Share	The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands): Three Months Ended Nine Months Ended 2015 2014 2015 2014 Basic (Loss) Earnings per Share: Net (loss) income from continuing operations attributable to Xerox $ (31 ) $ 258 $ 267 $ 779 Accrued dividends on preferred stock (6 ) (6 ) (18 ) (18 ) Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders (37 ) 252 249 761 Net (loss) income from discontinued operations attributable to Xerox (3 ) 8 (64 ) 34 Adjusted Net (Loss) Income Available to Common Shareholders $ (40 ) $ 260 $ 185 $ 795 Weighted average common shares outstanding 1,045,131 1,149,113 1,080,020 1,163,442 Basic (Loss) Earnings per Share: Continuing operations $ (0.04 ) $ 0.22 $ 0.23 $ 0.65 Discontinued operations — 0.01 (0.06 ) 0.03 Total $ (0.04 ) $ 0.23 $ 0.17 $ 0.68 Diluted (Loss) Earnings per Share: Net (loss) income from continuing operations attributable to Xerox $ (31 ) $ 258 $ 267 $ 779 Accrued dividends on preferred stock (6 ) (6 ) (18 ) (18 ) Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders $ (37 ) $ 252 $ 249 $ 761 Net (loss) income from discontinued operations attributable to Xerox (3 ) 8 (64 ) 34 Adjusted Net (Loss) Income Available to Common Shareholders $ (40 ) $ 260 $ 185 $ 795 Weighted average common shares outstanding 1,045,131 1,149,113 1,080,020 1,163,442 Common shares issuable with respect to: Stock options — 2,793 1,265 3,177 Restricted stock and performance shares — 13,533 11,995 14,363 Convertible preferred stock — — — — Adjusted Weighted Average Common Shares Outstanding 1,045,131 1,165,439 1,093,280 1,180,982 Diluted (Loss) Earnings per Share: Continuing operations $ (0.04 ) $ 0.21 $ 0.23 $ 0.64 Discontinued operations — 0.01 (0.06 ) 0.03 Total $ (0.04 ) $ 0.22 $ 0.17 $ 0.67 The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive: Stock options 3,391 4,143 2,125 3,759 Restricted stock and performance shares 25,996 18,958 18,214 18,128 Convertible preferred stock 26,966 26,966 26,966 26,966 Total Anti-Dilutive Securities 56,353 50,067 47,305 48,853 Dividends per Common Share $ 0.0700 $ 0.0625 $ 0.2100 $ 0.1875

Basis of Presentation, Deferred

Basis of Presentation, Deferred Tax Liability on Undistributed Earnings - Fuji Xerox (Details) $ / shares in Units, $ in Millions	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares		Sep. 30, 2014USD ($)$ / shares	Sep. 30, 2015USD ($)$ / shares	Sep. 30, 2014USD ($)business$ / shares	Dec. 31, 2014USD ($)$ / shares		Dec. 31, 2013USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Out-of-Period Adjustment (non-material)	$ 16
Income tax expense	(105)			$ 66	$ (75)	$ 181
Income from Continuing Operations	(28)			264	280	796
Net Income	(31)			272	216	830
Net Income Attributable to Xerox	(34)			266	203	813
Net Income Attributable to Xerox - continuing operations	$ (31)			$ 258	$ 267	$ 779
Continuing Operations (dollars per share) | $ / shares	$ (0.04)			$ 0.22	$ 0.23	$ 0.65
Total Basic (Loss) Earnings per Share | $ / shares	(0.04)			0.23	0.17	0.68
Continuing operations (dollars per share) | $ / shares	(0.04)			0.21	0.23	0.64
Total Diluted (Loss) Earnings per Share | $ / shares	$ (0.04)			$ 0.22	$ 0.17	$ 0.67
Other long-term liabilities	$ 403	$ 454	[1]		$ 403		$ 454	[1]
Total Liabilities	15,440	16,556	[1]		15,440		16,556	[1]
Retained earnings	9,493	9,535	[1]		9,493		9,535	[1]
Xerox shareholders' equity	9,113	10,678	[1]		9,113		10,678	[1]
Total Equity	9,157	10,753	[1]	$ 11,908	9,157	$ 11,908	10,753	[1]	$ 12,419
Deferred Tax Liabilities, Undistributed Foreign Earnings		44					44
Net change in income tax assets and liabilities	$ (142)			$ 56	$ (93)	$ 128
Scenario, Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax expense		34					215
Income from Continuing Operations		355					1,151
Net Income		206					1,036
Net Income Attributable to Xerox		200					1,013
Net Income Attributable to Xerox - continuing operations		$ 349					$ 1,128
Continuing Operations (dollars per share) | $ / shares		$ 0.30					$ 0.96
Total Basic (Loss) Earnings per Share | $ / shares		0.17					0.86
Continuing operations (dollars per share) | $ / shares		0.30					0.94
Total Diluted (Loss) Earnings per Share | $ / shares		$ 0.17					$ 0.85
Other long-term liabilities		$ 454					$ 454
Total Liabilities		16,556					16,556
Retained earnings		9,535					9,535
Xerox shareholders' equity		10,678					10,678
Total Equity		10,753					10,753
Net change in income tax assets and liabilities							(15)
Scenario, Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax expense		78					259
Income from Continuing Operations		311					1,107
Net Income		162					992
Net Income Attributable to Xerox		156					969
Net Income Attributable to Xerox - continuing operations		$ 305					$ 1,084
Continuing Operations (dollars per share) | $ / shares		$ 0.26					$ 0.92
Total Basic (Loss) Earnings per Share | $ / shares		0.13					0.82
Continuing operations (dollars per share) | $ / shares		0.26					0.90
Total Diluted (Loss) Earnings per Share | $ / shares		$ 0.13					$ 0.81
Other long-term liabilities		$ 498					$ 498
Total Liabilities		16,600					16,600
Retained earnings		9,491					9,491
Xerox shareholders' equity		10,634					10,634
Total Equity		$ 10,709					10,709
Net change in income tax assets and liabilities							$ 29
Services Segment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Number of Businesses Disposed by the entity during the period | business						2
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Recent Accounting Pronounceme41

Recent Accounting Pronouncements (Details) $ in Millions	Sep. 30, 2015USD ($)
ASU 2015-03 Simplifying the Presentation of Debt Issuance Costs [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets	$ 34

Segment Reporting, Segment Reve

Segment Reporting, Segment Revenue and Segment Profit (Loss) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)service_offeringprimaryreportablesegment	Sep. 30, 2014USD ($)
Segment Reporting Information [Line Items]
Disposal Date			Sep. 30, 2015
Primary Reportable Segments, Number | primaryreportablesegment			2
Segment Revenue	$ 4,333	$ 4,795	$ 13,392	$ 14,507
Segment Profit (Loss)	(33)	442	641	1,320
Services
Segment Reporting Information [Line Items]
Software Implementation Charge	389		389
Software Implementation Charge - Cost of Goods Sold	273		273
Software Implementation Charge - Revenue Reversal	116		116
Segment Revenue	2,416	2,623	7,499	7,859
Segment Profit (Loss)	(184)	240	197	688
Document Technology [Member]
Segment Reporting Information [Line Items]
Segment Revenue	1,778	2,029	5,488	6,199
Segment Profit (Loss)	227	284	658	839
Other [Member]
Segment Reporting Information [Line Items]
Segment Revenue	139	143	405	449
Segment Profit (Loss)	$ (76)	$ (82)	$ (214)	$ (207)
Outsourcing Offerings [Member] | Services
Segment Reporting Information [Line Items]
Outsourcing Service Offerings, Number | service_offering			2

Segment Reporting, Reconciliati

Segment Reporting, Reconciliation Of Operating Profit Loss (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting [Abstract]
Disposal Date				Sep. 30, 2015
Segment (Loss) Profit		$ (33)	$ 442	$ 641	$ 1,320
Reconciling items:
Restructuring and related costs including Asset Impairment related to Discontinued Operations	[1]	(22)	(33)	(200)	(108)
Restructuring charges of Fuji Xerox		(2)	(1)	(4)	(3)
Amortization of intangible assets		(77)	(77)	(233)	(232)
Equity in net income of unconsolidated affiliates		(40)	(44)	(103)	(119)
Other		1	(1)	1	0
Pre-tax (Loss) Income		(173)	286	102	858
Business transformation costs		$ 2	$ 6	$ 9	$ 16
[1]	ncludes business transformation costs of $2 and $6 for the three months ended September 30, 2015 and 2014, respectively, and $9 and $16 for the nine months ended September 30, 2015 and 2014, respectively. Business transformation costs represent incremental costs incurred directly in support of our business transformation and restructuring initiatives such as compensation costs for overlapping staff, consulting costs and training costs.

Acquisitions (Details)

Acquisitions (Details) $ in Millions	1 Months Ended		3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Jan. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)business	Sep. 30, 2014USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired			$ 153	$ 25	$ 201	$ 306
RSA Medical LLC [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 141
Intellinex LLC [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition		Jan. 31, 2015
Payments to Acquire Businesses, Net of Cash Acquired		$ 28
Services
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired					$ 26
Number of Businesses Acquired | business					2
Technology Segment [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired					$ 6
Number of Businesses Acquired | business					1

Divestitures (Details)

Divestitures (Details) $ in Millions		Jun. 30, 2015USD ($)countryEmployees	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)		Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of businesses			$ 6			$ 1	$ 939	$ 16
Revenues			0			331	619	1,038
Income (loss) from operations	[1],[2]		0			14	104	57
Loss on disposal			(5)			(1)	(77)	(1)
Net (loss) income before income taxes			(5)			13	27	56
Income tax benefit (expense)			2			(5)	(91)	(22)
(Loss) income from discontinued operations, net of tax			(3)			8	(64)	34
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total Assets of Discontinued Operations			0	$ 1,260	[3]		0
ITO
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of businesses		$ 940
Proceeds from Divestiture of Businesses, Net of Cash Divested		930
Discontinued Operations - Liabilities assumed by Acquirer		85
Proceeds from Divestiture of Business, net of tax		$ 850
Employees Transferred in Business Sale or Divestiture | Employees		9,600
Number of Countries, a Business or Segment has operations in | country		42
Discontinued Operations, Additional Tax Expense							52
Revenues			0			325	619	993
Income (loss) from operations	[1],[2]		0			15	104	58
Loss on disposal			(5)	(181)		0	(77)	0
Net (loss) income before income taxes			(5)			15	27	58
Income tax benefit (expense)			2			(6)	(91)	(21)
(Loss) income from discontinued operations, net of tax			(3)			9	(64)	37
Disposal Group, Including Discontinued Operation, Depreciation and Amortization						41	80	121
Disposal group, amortization of acquired intangible assets						7	14	21
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Accounts receivable, net				213
Other current assets				146
Land, buildings and equipment, net				220
Intangible assets, net				197
Goodwill				337
Other long-term assets				147
Total Assets of Discontinued Operations				1,260
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Current portion of long-term debt				31
Accounts payable				32
Accrued pension and benefit costs				9
Unearned income				64
Other current liabilities				112
Long-term debt				44
Pension and other benefit liabilities				25
Other long-term liabilities				54
Total Liabilities of Discontinued Operations				$ 371
Other Segment [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues			0			6	0	45
Income (loss) from operations	[1],[2]		0			(1)	0	(1)
Loss on disposal			0			(1)	0	(1)
Net (loss) income before income taxes			0			(2)	0	(2)
Income tax benefit (expense)			0			1	0	(1)
(Loss) income from discontinued operations, net of tax			$ 0			$ (1)	$ 0	$ (3)
[1]	(1)ITO Income from operations for the nine months ended September 30, 2015, excludes approximately $80 of depreciation and amortization expenses (including $14 for intangible amortization) since the business was held for sale.
[2]	(2)ITO Income from operations for the three and nine months ended September 30, 2014, includes approximately $41 and $121, respectively, of depreciation and amortization expense (including intangible amortization of approximately $7 and $21, respectively).
[3]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Receivables [Abstract]
Amounts billed or billable		$ 2,399		$ 2,399		$ 2,421
Unbilled amounts		294		294		318
Allowance for doubtful accounts		(81)		(81)		(87)
Accounts Receivable, Net		2,612		2,612		2,652
Billable contracts receivable to be invoiced in the subsequent month		875		875		945
Accounts Receivable Sales Arrangements [Abstract]
Remaining account receivable sold and derecognized		516		516		580
Accounts, Notes, Loans and Financing Receivable [Line Items]
Estimated decrease to operating cash flows		(67)	$ (102)	(228)	$ (337)
Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable sales		551	696	1,739	2,244
Deferred proceeds		67	94	186	314
Loss on sales of accounts receivable		3	4	9	12
Estimated decrease to operating cash flows	[1]	(31)	$ (22)	(45)	$ (42)
Other Current Assets [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred proceeds receivables from sales of accounts receivables		$ 68		$ 68		$ 73
[1]	Represents the difference between current and prior period receivable sales adjusted for the effects of: (i) the deferred proceeds, (ii) collections prior to the end of the quarter and, (iii) currency.

Finance Receivables, Net, Sale

Finance Receivables, Net, Sale of Finance Receivables (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net carrying value (NCV) sold						$ 676	$ 682
Allowance included in NCV						17	18
Cash proceeds received						635	630
Beneficial interests received						$ 86	$ 101
Finance receivables sold and derecognized principal value		$ 301		$ 301				$ 549
Finance receivables sold and derecognized sales value		323		$ 323				596
Finance Receivable Beneficial Interest Weighted Average Life				2 years
Impact from prior sales of finance receivables	[1]	(79)	$ (125)	$ (273)	$ (411)
Collections on beneficial interest		10	20	37	62
Estimated Decrease to Operating Cash Flows		(67)	(102)	(228)	(337)
Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collections on beneficial interest		12	$ 23	45	$ 74
Other Current Assets [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beneficial Interest, Interest in Other Current Assets		46		46				77
Other Noncurrent Assets [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beneficial interest from sale of finance receivables		$ 37		$ 37				$ 64
[1]	Represents cash that would have been collected had we not sold finance receivables.

Finance Receivables, Net (Detai

Finance Receivables, Net (Details) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2015	Jun. 30, 2015		Mar. 31, 2015		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		$ 134	$ 131		$ 131		$ 164		$ 158		$ 154
Provision		9	10		11		10		15		15
Charge-offs		(4)	(10)		(5)		(12)		(11)		(12)
Recoveries and other	[1]	(1)	3		(6)		(5)		2		1
Ending Balance		138	134		131		157		164		158
Financing Receivable, Collectively Evaluated for Impairment	[2]	4,137					4,418
Allowance for credit losses not included in the impairment evaluation		138					157
United States
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		42	43		41		49		48		45
Provision		1	1		2		(1)		1		3
Charge-offs		0	(1)		0		(2)		0		(1)
Recoveries and other	[1]	0	(1)		0		1		0		1
Ending Balance		43	42		43		47		49		48
Financing Receivable, Collectively Evaluated for Impairment	[2]	1,744					1,699
Canada
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		18	18		20		20		20		22
Provision		1	1		1		2		2		2
Charge-offs		(3)	(2)		(3)		(2)		(4)		(4)
Recoveries and other	[1]	0	1		0		1		2		0
Ending Balance		16	18		18		21		20		20
Financing Receivable, Collectively Evaluated for Impairment	[2]	366					404
Europe
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		60	56		58		86		83		81
Provision		6	6		5		7		11		7
Charge-offs		(1)	(5)		(1)		(7)		(8)		(5)
Recoveries and other	[1]	(1)	3		(6)		(6)		0		0
Ending Balance		64	60		56		80		86		83
Financing Receivable, Collectively Evaluated for Impairment	[2]	1,562					1,952
Other
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	[3]	14	14		12		9		7		6
Provision	[3]	1	2		3		2		1		3
Charge-offs	[3]	0	(2)		(1)		(1)		1		(2)
Recoveries and other	[1],[3]	0	0		0		(1)		0		0
Ending Balance		15	$ 14	[3]	$ 14	[3]	9	[3]	$ 9	[3]	$ 7	[3]
Financing Receivable, Collectively Evaluated for Impairment	[2],[3]	$ 465					$ 363
[1]	Includes the impacts of foreign currency translation and adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.
[2]	Total Finance receivables exclude the allowance for credit losses of $138 and $157 at September 30, 2015 and 2014, respectively.
[3]	Includes developing market countries and smaller units.

Finance Receivables, Net, Credi

Finance Receivables, Net, Credit Quality Indicators (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loss Rates Of Customers With Investment Grade Credit Quality		1.00%
Loss Rates Of Customers With Non Investment Grade Credit Quality Low Range		2.00%
Loss Rates Of Customers With Non Investment Grade Credit Quality High Range		4.00%
Loss Rates Of Customers With Substandard Doubtful Credit Quality		10.00%
Financing Receivable, Net		$ 4,137	$ 4,385
United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,744	1,728
United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		428	409
United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		571	605
United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		349	317
United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		147	151
United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		122	124
United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		127	122
Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		366	424
Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		98	97
Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		69	86
Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		106	143
Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		38	41
Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		55	57
Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,562	1,835
France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		529	616
U.K./Ireland
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		337	362
Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	437	538
Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	197	244
Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	62	75
Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		465	398
Investment Grade
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		2,210	2,427
Investment Grade | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,112	1,163
Investment Grade | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		192	195
Investment Grade | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		556	589
Investment Grade | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		142	148
Investment Grade | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		86	92
Investment Grade | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		83	84
Investment Grade | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		53	55
Investment Grade | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		217	246
Investment Grade | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		55	54
Investment Grade | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		60	76
Investment Grade | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		47	58
Investment Grade | Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		23	24
Investment Grade | Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		32	34
Investment Grade | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		711	823
Investment Grade | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		194	253
Investment Grade | U.K./Ireland
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		240	255
Investment Grade | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	213	230
Investment Grade | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	40	60
Investment Grade | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	24	25
Investment Grade | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		170	195
Non-investment Grade
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,440	1,449
Non-investment Grade | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		394	356
Non-investment Grade | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		178	159
Non-investment Grade | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		12	13
Non-investment Grade | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		87	79
Non-investment Grade | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		44	41
Non-investment Grade | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		25	26
Non-investment Grade | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		48	38
Non-investment Grade | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		108	120
Non-investment Grade | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		33	31
Non-investment Grade | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		7	8
Non-investment Grade | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		36	49
Non-investment Grade | Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		12	13
Non-investment Grade | Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		20	19
Non-investment Grade | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		709	810
Non-investment Grade | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		253	234
Non-investment Grade | U.K./Ireland
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		95	101
Non-investment Grade | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	195	278
Non-investment Grade | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	128	148
Non-investment Grade | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	38	49
Non-investment Grade | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		229	163
Substandard
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		487	509
Substandard | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		238	209
Substandard | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		58	55
Substandard | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		3	3
Substandard | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		120	90
Substandard | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		17	18
Substandard | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		14	14
Substandard | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		26	29
Substandard | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		41	58
Substandard | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		10	12
Substandard | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		2	2
Substandard | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		23	36
Substandard | Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		3	4
Substandard | Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		3	4
Substandard | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		142	202
Substandard | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		82	129
Substandard | U.K./Ireland
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		2	6
Substandard | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	29	30
Substandard | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	29	36
Substandard | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	0	1
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		$ 66	$ 40
[1]	Switzerland, Germany, Austria, Belgium and Holland.
[2]	Italy, Greece, Spain and Portugal.
[3]	Sweden, Norway, Denmark and Finland.

Finance Receivables, Net, Aging

Finance Receivables, Net, Aging (Details) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		$ 4,137	$ 4,385
Total Billed		2,399	2,421
Total Finance Receivables		4,137	4,385
Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		122	117
Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		4,015	4,268
United States
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1,744	1,728
Total Finance Receivables		1,744	1,728
United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		66	59
United States | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		1,678	1,669
United States | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		428	409
Total Finance Receivables		428	409
United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		12	10
United States | Finance and other services | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		416	399
United States | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		571	605
Total Finance Receivables		571	605
United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		24	21
United States | Government and education | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		547	584
United States | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		349	317
Total Finance Receivables		349	317
United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		15	14
United States | Graphic arts | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		334	303
United States | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		147	151
Total Finance Receivables		147	151
United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		5	6
United States | Industrial | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		142	145
United States | Healthcare
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		122	124
Total Finance Receivables		122	124
United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		6	4
United States | Healthcare | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		116	120
United States | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		127	122
Total Finance Receivables		127	122
United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		4	4
United States | Other | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		123	118
Canada
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		366	424
Total Finance Receivables		366	424
Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		11	12
Canada | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		355	412
Canada | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		98	97
Canada | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		69	86
Canada | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		106	143
Canada | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		38	41
Canada | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		55	57
Europe
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1,562	1,835
Total Finance Receivables		1,562	1,835
Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		28	32
Europe | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		1,534	1,803
France
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		529	616
Total Finance Receivables		529	616
France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		0	3
France | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		529	613
U.K./Ireland
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		337	362
Total Finance Receivables		337	362
U.K./Ireland | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		4	1
U.K./Ireland | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		333	361
Central
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[1]	437	538
Total Finance Receivables	[2]	437	538
Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[2]	6	5
Central | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[2]	431	533
Southern
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[3]	197	244
Total Finance Receivables	[3]	197	244
Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[3]	17	22
Southern | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[3]	180	222
Nordics
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[4]	62	75
Total Finance Receivables	[4]	62	75
Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[4]	1	1
Nordics | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[4]	61	74
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		465	398
Total Finance Receivables		465	398
Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		17	14
Other | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		448	384
Current | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		86	83
Current | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		46	43
Current | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		8	7
Current | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		16	14
Current | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		12	12
Current | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		3	4
Current | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		4	3
Current | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		3	3
Current | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		8	9
Current | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		17	18
Current | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	0
Current | U.K./Ireland | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		3	1
Current | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[2]	3	2
Current | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[3]	11	14
Current | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[4]	0	1
Current | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		15	13
31-90 Days Past Due | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		20	20
31-90 Days Past Due | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		11	10
31-90 Days Past Due | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		2	2
31-90 Days Past Due | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		4	4
31-90 Days Past Due | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		2	1
31-90 Days Past Due | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
31-90 Days Past Due | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
31-90 Days Past Due | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
31-90 Days Past Due | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		2	2
31-90 Days Past Due | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		5	7
31-90 Days Past Due | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	1
31-90 Days Past Due | U.K./Ireland | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	0
31-90 Days Past Due | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[2]	1	2
31-90 Days Past Due | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[3]	3	4
31-90 Days Past Due | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[4]	0	0
31-90 Days Past Due | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		2	1
90 Days Past Due | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		16	14
90 Days Past Due | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		9	6
90 Days Past Due | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		2	1
90 Days Past Due | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		4	3
90 Days Past Due | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
90 Days Past Due | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
90 Days Past Due | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	0
90 Days Past Due | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	0
90 Days Past Due | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
90 Days Past Due | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		6	7
90 Days Past Due | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	2
90 Days Past Due | U.K./Ireland | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	0
90 Days Past Due | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[2]	2	1
90 Days Past Due | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[3]	3	4
90 Days Past Due | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[4]	1	0
90 Days Past Due | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		0	0
90 Days and Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		145	151
90 Days and Accruing | United States
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		77	64
90 Days and Accruing | United States | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		14	13
90 Days and Accruing | United States | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		32	25
90 Days and Accruing | United States | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		9	6
90 Days and Accruing | United States | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		9	9
90 Days and Accruing | United States | Healthcare
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		6	5
90 Days and Accruing | United States | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		7	6
90 Days and Accruing | Canada
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		9	17
90 Days and Accruing | Europe
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		59	70
90 Days and Accruing | France
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		32	35
90 Days and Accruing | U.K./Ireland
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		1	1
90 Days and Accruing | Central
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[2]	9	15
90 Days and Accruing | Southern
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[3]	11	17
90 Days and Accruing | Nordics
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	[4]	6	2
90 Days and Accruing | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables		$ 0	$ 0
[1]	Switzerland, Germany, Austria, Belgium and Holland.
[2]	Switzerland, Germany, Austria, Belgium and Holland.
[3]	Italy, Greece, Spain and Portugal.
[4]	Sweden, Norway, Denmark and Finland.

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Inventories, net [Abstract]
Finished goods	$ 936	$ 778
Work-in-process	63	58
Raw materials	111	98
Total Inventories	$ 1,110	$ 934	[1]
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Investment in Affiliates, at 52

Investment in Affiliates, at Equity (Details) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 40	$ 44	$ 103	$ 119
Fuji Xerox
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 34	41	$ 90	111
Ownership percentage		25.00%		25.00%
Summary of Operations:
Revenues		$ 2,518	2,872	$ 7,638	8,600
Costs and expenses		2,333	2,612	7,064	7,923
Income before income taxes		185	260	574	677
Income tax expense		57	87	186	212
Net Income		128	173	388	465
Less: Net income – noncontrolling interests		1	1	5	3
Net Income – Fuji Xerox		$ 127	$ 172	$ 383	$ 462
Weighted Average Exchange Rate(1)	[1]	122.11	104.07	120.88	102.97
Other investments
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 6	$ 3	$ 13	$ 8
[1]	Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs (Details

Restructuring Programs (Details) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Employees		Sep. 30, 2014USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated (approximately) | Employees				1,780
Restructuring Reserve [Roll Forward]
Balance at beginning of period				$ 97
Provision				211
Reversals				(20)
Net Current Period Charges		$ 20	$ 27	191	[1]	$ 92
Charges against reserve and currency		(30)	(35)	(242)		(116)
Balance at end of period		46		46
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve		(30)	(35)	(242)		(116)
Asset impairments		7	0	153		7
Effects of foreign currency and other non-cash items		3	4	8		6
Restructuring Cash Payments		(20)	(31)	(81)		(103)
Services
Restructuring Reserve [Roll Forward]
Net Current Period Charges		11	5	165		19
Document Technology
Restructuring Reserve [Roll Forward]
Net Current Period Charges		1	20	18		62
Other
Restructuring Reserve [Roll Forward]
Net Current Period Charges		8	$ 2	8		$ 11
Severance and Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges				54
Restructuring Reserve [Roll Forward]
Balance at beginning of period				93
Provision				54
Reversals				(17)
Net Current Period Charges	[1]			37
Charges against reserve and currency				(86)
Balance at end of period		44		44
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve				(86)
Lease Cancellation and Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges				4
Restructuring Reserve [Roll Forward]
Balance at beginning of period				4
Provision				4
Reversals				(3)
Net Current Period Charges	[1]			1
Charges against reserve and currency				(3)
Balance at end of period		2		2
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve				(3)
Asset Impairments [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	[2]			0
Provision	[2]			153
Reversals	[2]			0
Net Current Period Charges	[1],[2]			153
Charges against reserve and currency	[2]			(153)
Balance at end of period	[2]	$ 0		0
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve	[2]			(153)
Asset Impairments [Member] | Services
Restructuring Reserve [Roll Forward]
Provision				$ 146
[1]	Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown.
[2]	Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision.

Debt, Debt Issuances (Details)

Debt, Debt Issuances (Details) - USD ($)	1 Months Ended		9 Months Ended
	Aug. 31, 2015	Mar. 31, 2015	Sep. 30, 2015
Senior Notes due 2020, 3.50% [Member]
Debt Instrument [Line Items]
Senior Notes			$ 400,000,000
Debt Instrument, Stated Interest Rate			3.50%
Debt Instrument, Maturity Date	Aug. 20, 2020
Debt percentage of par issued			0.99113
Proceeds from Issuance of Debt	$ 396,000,000
Senior Notes due 2020 2.75% [Member]
Debt Instrument [Line Items]
Senior Notes		$ 400,000,000
Debt Instrument, Stated Interest Rate		2.75%
Debt Instrument, Maturity Date		May 15, 2020
Debt percentage of par issued		0.99879
Senior Notes due 2035 4.8% [Member]
Debt Instrument [Line Items]
Senior Notes		$ 250,000,000
Debt Instrument, Stated Interest Rate		4.80%
Debt Instrument, Maturity Date		May 15, 2035
Debt percentage of par issued		0.99428
Senior Notes [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Debt		$ 648,000,000
Debt Issuance Cost			$ 9,000,000

Debt, Interest Income and Expen

Debt, Interest Income and Expense (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Debt Disclosure [Abstract]
Interest expense	[1],[2]	$ 88	$ 91	$ 265	$ 286
Interest income	[3]	$ 87	$ 98	268	301
ITO
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Interest Expense				$ 2	$ 2
[1]	(2)The nine months ended September 30, 2015 and 2014 exclude $2 and $2, respectively, of interest on capital lease obligations related to our ITO business, which was reported as a discontinued operation through its sale on June 30, 2015. These obligations were assumed by the purchaser of the ITO business. Refer to Note 5 - Divestitures for additional information regarding this sale.
[2]	Includes Equipment financing interest as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income.
[3]	Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income.

Debt, Net Payments and Proceeds

Debt, Net Payments and Proceeds on Other Debt (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Debt Disclosure [Abstract]
Net proceeds (payments) on short-term debt				$ 51	$ (4)
Proceeds from issuance of long-term debt				1,071	778
Payments on long-term debt	[1]			(1,293)	(1,109)
Net payments on debt		$ (74)	$ (40)	$ (171)	$ (335)
[1]	Includes current maturities.

Financial Instruments, Fair Val

Financial Instruments, Fair Value Hedges (Details) - Senior Notes Due 2021 [Member] $ in Millions	Sep. 30, 2015USD ($)
Derivative [Line Items]
Notional Amount	$ 300
Net Fair Value	$ 12
Weighted Average Interest Rate Paid	2.45%
Interest Rate Received	4.50%

Financial Instruments, Foreign

Financial Instruments, Foreign Exchange Risk Management (Details) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Foreign Exchange Contracts [Line Items]
Average Maturity of Foreign Exchange Hedging Contracts - within Three Months		69.00%
Average Maturity of Foreign Exchange Hedging Contracts - within Three and Six Months		10.00%
Average Maturity of Foreign Exchange Hedging Contracts - within Six and Twelve Months		21.00%
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		$ 3,265
Foreign Currency Cash Flow Hedges [Abstract]
Derivative Assets (Liabilities), at Fair Value, Net		26	$ (31)
Euro/U.K. Pound Sterling
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		771
U.S. Dollar/U.K. Pound Sterling
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		611
Japanese Yen/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		404
Canadian Dollar/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		279
U.S. Dollar/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		268
Japanese Yen/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		258
U.K. Pound Sterling/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		126
Swiss Franc/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		121
Euro/Canadian Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		73
Philippine Peso/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		50
Mexican Peso/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		43
Indian Rupee/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		39
Mexican Peso/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		28
U.S. Dollar/Canadian Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		27
Swedish Kroner/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		23
All Other
Summary of Foreign Exchange Hedging Positions [Abstract]
Gross Notional Value		144
Foreign Exchange Contract [Member]
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	14
Foreign Exchange Contract [Member] | Euro/U.K. Pound Sterling
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	14
Foreign Exchange Contract [Member] | U.S. Dollar/U.K. Pound Sterling
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	17
Foreign Exchange Contract [Member] | Japanese Yen/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	0
Foreign Exchange Contract [Member] | Canadian Dollar/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(16)
Foreign Exchange Contract [Member] | U.S. Dollar/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(2)
Foreign Exchange Contract [Member] | Japanese Yen/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	1
Foreign Exchange Contract [Member] | U.K. Pound Sterling/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(1)
Foreign Exchange Contract [Member] | Swiss Franc/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	1
Foreign Exchange Contract [Member] | Euro/Canadian Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	5
Foreign Exchange Contract [Member] | Philippine Peso/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(1)
Foreign Exchange Contract [Member] | Mexican Peso/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(2)
Foreign Exchange Contract [Member] | Indian Rupee/U.S. Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(1)
Foreign Exchange Contract [Member] | Mexican Peso/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	(2)
Foreign Exchange Contract [Member] | U.S. Dollar/Canadian Dollar
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	0
Foreign Exchange Contract [Member] | Swedish Kroner/Euro
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	0
Foreign Exchange Contract [Member] | All Other
Summary of Foreign Exchange Hedging Positions [Abstract]
Fair Value Asset (Liability)	[1]	1
Designated as Hedging Instrument [Member]
Foreign Currency Cash Flow Hedges [Abstract]
Derivative Assets (Liabilities), at Fair Value, Net		$ 6	$ (30)
[1]	Represents the net receivable (payable) amount included in the Condensed Consolidated Balance Sheet at September 30, 2015.

Financial Instruments, Summary

Financial Instruments, Summary of Derivative Instruments Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	$ 26	$ (31)
Other current assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	59	27
Liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	(33)	(58)
Derivatives Designated as Hedging Instruments [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	6	(30)
Derivatives Designated as Hedging Instruments [Member] | Liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	6	(25)
Derivatives Designated as Hedging Instruments [Member] | Foreign exchange contracts - forwards [Member] | Other current assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	4	7
Derivatives Designated as Hedging Instruments [Member] | Foreign exchange contracts - forwards [Member] | Other current liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	(9)	(39)
Derivatives Designated as Hedging Instruments [Member] | Currency options [Member] | Other current assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	1	2
Derivatives Designated as Hedging Instruments [Member] | Currency options [Member] | Other current liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	(2)	0
Derivatives Designated as Hedging Instruments [Member] | Interest rate swap [Member] | Other long-term assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	12	5
Not Designated as Hedging Instrument [Member] | Foreign exchange contracts - forwards [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	20	(6)
Not Designated as Hedging Instrument [Member] | Foreign exchange contracts - forwards [Member] | Other current assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	42	13
Not Designated as Hedging Instrument [Member] | Foreign exchange contracts - forwards [Member] | Other current liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	$ (22)	$ (19)

Financial Instruments, Summar60

Financial Instruments, Summary of Derivative Instruments Gain (Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of Derivative Instruments Gains (Losses) [Abstract]
Net losses recorded in AOCL expected to be reclassified to net income in the future			$ 3
Foreign Currency Transaction Gain (Loss), before Tax	$ 3	$ 0	4	$ 0
Foreign Exchange Forward [Member] | Foreign Currency Gain (Loss) [Member] | Derivatives Not Designated as Hedging Instruments [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	33	1	(2)	1
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Interest Expense [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative gain (loss) recognized in interest expense	7	(2)	7	0
Hedged item (loss) gain recognized in interest expense	(7)	2	(7)	0
Cash Flow Hedging [Member] | Foreign Exchange Forward [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative gain (loss) recognized in OCI (effective portion)	5	(19)	12	10
Cash Flow Hedging [Member] | Foreign Exchange Forward [Member] | Cost of Sales [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative loss reclassified from AOCI to income - Cost of sales (effective portion)	$ (11)	$ (3)	$ (21)	$ (32)

Fair Value of Financial Asset61

Fair Value of Financial Assets and Liabilities, Recurring (Details) - Fair Value, Measurements, Recurring [Member] - Significant Other Observable Inputs (Level 2) [Member] - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Assets:
Interest rate swaps	$ 12	$ 5
Deferred compensation investments in cash surrender life insurance	92	94
Deferred compensation investments in mutual funds	33	32
Total	184	153
Liabilities:
Deferred compensation plan liabilities	124	135
Total	157	193
Foreign Exchange Forward [Member]
Assets:
Foreign exchange contracts	46	20
Liabilities:
Foreign exchange contracts - forwards	31	58
Currency options [Member]
Assets:
Foreign exchange contracts	1	2
Foreign Exchange Option [Member]
Liabilities:
Foreign exchange contracts - forwards	$ 2	$ 0

Fair Value of Financial Asset62

Fair Value of Financial Assets and Liabilities, Nonrecurring (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 804	$ 1,411
Accounts receivable, net	2,612	2,652
Short-term debt	1,183	1,427
Long-term debt	6,393	6,314
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	804	1,411
Accounts receivable, net	2,612	2,652
Short-term debt	1,194	1,417
Long-term debt	$ 6,564	$ 6,719

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions		3 Months Ended			9 Months Ended		12 Months Ended
		Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Components of Net Periodic Benefit Costs:
Recognized curtailment gain			$ (22)
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial (gain) loss		$ 40		$ (25)	$ 152	$ (322)
Amortization of prior service credit	[1]	(1)		(12)	(41)	(35)
Amortization of net actuarial loss	[1]	40		32	139	93
Pension Benefits
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer					148		$ 284
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year					192
Anticipated total cash contributions to defined benefit and post retirement plans in the current year		340			340
Retiree Health
Components of Net Periodic Benefit Costs:
Service cost		2		2	6	6
Interest cost		8		9	25	27
Expected return on plan assets		0		0	0	0
Recognized net actuarial loss		0		1	1	1
Amortization of prior service credit		(1)		(11)	(16)	(32)
Recognized settlement loss		0		0	0	0
Recognized curtailment gain		0		0	(22)	0
Defined Benefit Plans		9		1	(6)	2
Defined contribution plans	[2]	0		0	0	0
Net Periodic Benefit Cost		9		1	(6)	2
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial (gain) loss	[3]	0		0	(58)	0
Amortization of prior service credit		1		11	16	32
Amortization of net actuarial loss		0		(1)	(1)	(1)
Curtailment gain - recognition of net prior service credit		0		0	22	0
Total Recognized in Other Comprehensive Loss	[4]	1		10	(21)	31
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss		10		11	(27)	33
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer					49		70
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year					22
Anticipated total cash contributions to defined benefit and post retirement plans in the current year		71			71
ITO
Components of Net Periodic Benefit Costs:
Defined contribution plans	[2]				4	6
United States | Pension Benefits
Components of Net Periodic Benefit Costs:
Service cost		1		2	3	7
Interest cost		38		39	114	117
Expected return on plan assets		(38)		(41)	(114)	(121)
Recognized net actuarial loss		5		5	18	13
Amortization of prior service credit		0		0	(1)	(1)
Recognized settlement loss		16		13	61	38
Recognized curtailment gain		0		0	0	0
Defined Benefit Plans		22		18	81	53
Defined contribution plans	[2]	15		15	46	45
Net Periodic Benefit Cost		37		33	127	98
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial (gain) loss	[3]	(40)		25	(92)	322
Amortization of prior service credit		0		0	1	1
Amortization of net actuarial loss		(21)		(18)	(79)	(51)
Curtailment gain - recognition of net prior service credit		0		0	0	0
Total Recognized in Other Comprehensive Loss	[4]	(61)		7	(170)	272
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss		(24)		40	(43)	370
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer					40		124
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year					140
Anticipated total cash contributions to defined benefit and post retirement plans in the current year		180			180
Non-U.S. Plans | Pension Benefits
Components of Net Periodic Benefit Costs:
Service cost		8		9	25	26
Interest cost		53		71	159	207
Expected return on plan assets		(73)		(88)	(220)	(260)
Recognized net actuarial loss		19		13	59	41
Amortization of prior service credit		0		(1)	(2)	(2)
Recognized settlement loss		0		0	0	0
Recognized curtailment gain		0		1	0	1
Defined Benefit Plans		7		5	21	13
Defined contribution plans	[2]	8		13	28	31
Net Periodic Benefit Cost		15		18	49	44
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial (gain) loss	[3]	0		0	(2)	0
Amortization of prior service credit		0		1	2	2
Amortization of net actuarial loss		(19)		(13)	(59)	(41)
Curtailment gain - recognition of net prior service credit		0		0	0	0
Total Recognized in Other Comprehensive Loss	[4]	(19)		(12)	(59)	(39)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss		(4)		$ 6	(10)	$ 5
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer					108		$ 160
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year					52
Anticipated total cash contributions to defined benefit and post retirement plans in the current year		$ 160			$ 160
[1]	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14 - Employee Benefit Plans for additional information.
[2]	mounts represent the pre-tax effect included within Other comprehensive loss. Refer to Note 16 - Other Comprehensive Loss for related tax effects and the after-tax amounts.P
[3]	net actuarial (gain) loss for U.S. Plans primarily reflect: i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements; and ii) adjustments for the actual valuation results based on January 1st plan census data
[4]	a

Shareholders Equity (Details 1)

Shareholders Equity (Details 1) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended									9 Months Ended
		Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015		Sep. 30, 2014
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	[1]			$ 10,678							$ 10,678
Noncontrolling Interests, Beginning Balance	[1]			75							75
Total Equity, Beginning Balance				$ 10,753	[1]	$ 11,908				$ 12,419	10,753	[1]	$ 12,419
Comprehensive income (loss), net attributable to Xerox		$ (134)						$ (160)			(37)		364
Comprehensive income (loss), net attributable to noncontrolling interests		2						4			12		16
Comprehensive income (loss), net including portion attributable to noncontrolling interests		(132)						(156)			(25)		380
Cash dividends declared - common	[2]										(227)		(222)
Cash dividends declared - preferred	[3]										(18)		(18)
Conversion of notes to common stock													9
Stock option and incentive plans, net											19		99
Payments to acquire treasury stock, including fees											(1,302)		(730)
Cancellation of treasury stock											0		0
Distributions to noncontrolling interests											(43)		(29)
Ending Balance		9,113				10,678	[1]				9,113
Noncontrolling Interests, Ending Balance		44				75	[1]				44
Total Equity, Ending Balance		$ 9,157				$ 10,753	[1]	$ 11,908			$ 9,157		$ 11,908
Dividends per common share (in dollars per share)		$ 0.07	$ 0.07	$ 0.07		$ 0.0625		$ 0.0625	$ 0.0625	$ 0.0625	$ 0.2100		$ 0.1875
Dividends per preferred share (in dollars per share)		$ 20	$ 20	$ 20		$ 20		$ 20	$ 20	$ 20
Xerox Shareholders’ Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance				$ 10,678		$ 11,802				$ 12,300	$ 10,678		$ 12,300
Comprehensive income (loss), net attributable to Xerox											(37)		364
Cash dividends declared - common	[2]										(227)		(222)
Cash dividends declared - preferred	[3]										(18)		(18)
Conversion of notes to common stock													9
Stock option and incentive plans, net											19		99
Payments to acquire treasury stock, including fees											(1,302)		(730)
Cancellation of treasury stock											0		0
Distributions to noncontrolling interests											0		0
Ending Balance		$ 9,113				10,678		$ 11,802			9,113		11,802
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance				1,124		1,160				1,210	1,124		1,210
Comprehensive income (loss), net attributable to Xerox											0		0
Cash dividends declared - common	[2]										0		0
Cash dividends declared - preferred	[3]										0		0
Conversion of notes to common stock													1
Stock option and incentive plans, net											11		13
Payments to acquire treasury stock, including fees											0		0
Cancellation of treasury stock											(57)		(64)
Distributions to noncontrolling interests											0		0
Ending Balance		1,078				1,124		1,160			1,078		1,160
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance				4,283		4,710				5,282	4,283		5,282
Comprehensive income (loss), net attributable to Xerox											0		0
Cash dividends declared - common	[2]										0		0
Cash dividends declared - preferred	[3]										0		0
Conversion of notes to common stock													8
Stock option and incentive plans, net											8		86
Payments to acquire treasury stock, including fees											0		0
Cancellation of treasury stock											(659)		(666)
Distributions to noncontrolling interests											0		0
Ending Balance		3,632				4,283		4,710			3,632		4,710
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance				(105)		(252)				(252)	(105)		(252)
Comprehensive income (loss), net attributable to Xerox											0		0
Cash dividends declared - common	[2]										0		0
Cash dividends declared - preferred	[3]										0		0
Conversion of notes to common stock													0
Stock option and incentive plans, net											0		0
Payments to acquire treasury stock, including fees											(1,302)	[4]	(730)
Cancellation of treasury stock											716		730
Distributions to noncontrolling interests											0		0
Ending Balance		(691)				(105)		(252)			(691)		(252)
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance				9,535		9,412				8,839	9,535		8,839
Comprehensive income (loss), net attributable to Xerox											203		813
Cash dividends declared - common	[2]										(227)		(222)
Cash dividends declared - preferred	[3]										(18)		(18)
Conversion of notes to common stock													0
Stock option and incentive plans, net											0		0
Payments to acquire treasury stock, including fees											0		0
Cancellation of treasury stock											0		0
Distributions to noncontrolling interests											0		0
Ending Balance		9,493				9,535		9,412			9,493		9,412
AOCL
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	[5]			(4,159)		(3,228)				(2,779)	(4,159)		(2,779)
Comprehensive income (loss), net attributable to Xerox	[5]										(240)		(449)
Cash dividends declared - common	[2],[5]										0		0
Cash dividends declared - preferred	[3],[5]										0		0
Conversion of notes to common stock	[5]												0
Stock option and incentive plans, net	[5]										0		0
Payments to acquire treasury stock, including fees	[5]										0		0
Cancellation of treasury stock	[5]										0		0
Distributions to noncontrolling interests	[5]										0		0
Ending Balance	[5]	(4,399)				(4,159)		(3,228)			(4,399)		(3,228)
Non-controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Noncontrolling Interests, Beginning Balance				$ 75		106				$ 119	75		119
Comprehensive income (loss), net attributable to noncontrolling interests											12		16
Cash dividends declared - common	[2]										0		0
Cash dividends declared - preferred	[3]										0		0
Conversion of notes to common stock													0
Stock option and incentive plans, net											0		0
Payments to acquire treasury stock, including fees											0		0
Cancellation of treasury stock											0		0
Distributions to noncontrolling interests											(43)		(29)
Noncontrolling Interests, Ending Balance		$ 44				$ 75		$ 106			$ 44		$ 106
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.
[2]	.
[3]	Text selection found with no content.
[4]	Includes associated fees.
[5]	Refer to Note 16 - Other Comprehensive Loss for components of AOCL.

Shareholders Equity (Details 2)

Shareholders Equity (Details 2) - USD ($) shares in Thousands, $ in Millions		9 Months Ended
		Sep. 30, 2015		Sep. 30, 2014
Treasury Stock [Roll Forward]
Treasury Stock, Shares, Beginning (shares)	[1]	7,609
Treasury Stock, Shares, Ending (shares)		65,120
Treasury Stock, Value, Beginning	[1]	$ 105
Purchases		1,302		$ 730
Cancellation of treasury stock		0		0
Treasury Stock, Value, Ending		$ 691
Treasury Stock
Treasury Stock [Roll Forward]
Treasury Stock, Shares, Beginning (shares)		7,609
Purchases (in shares)	[2]	115,201
Cancellations (in shares)		(57,690)
Treasury Stock, Shares, Ending (shares)		65,120
Treasury Stock, Value, Beginning		$ 105
Purchases		1,302	[2]	730
Cancellation of treasury stock		(716)		$ (730)
Treasury Stock, Value, Ending		$ 691
[1]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.
[2]	Includes associated fees.

Other Comprehensive Income (L66

Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Other Comprehensive Income (Loss) [Abstract]
Translation Adjustments Losses		$ (206)	$ (494)	$ (521)	$ (400)
Translation Adjustments Losses , Net of Tax	[1]	(206)	(492)	(521)	(401)
Changes in fair value of cash flow hedges - gains (losses)		5	(19)	12	10
Changes in fair value of cash flow hedges - gains (losses), net of tax		4	(10)	11	10
Changes in cash flow hedges reclassed to earnings, pre-tax	[2]	11	3	21	32
Changes in cash flow hedges reclassed to earnings, net of tax	[2]	5	2	9	23
Other losses		(2)	(1)	(2)	(1)
Other losses, net of tax		(1)	(1)	(2)	(1)
Net Unrealized Gains (Losses)		14	(17)	31	41
Net Unrealized Gains (Losses), Net of Tax	[1]	8	(9)	18	32
Net actuarial gains (losses), pre-tax		40	(25)	152	(322)
Net actuarial gains (losses), net of tax		25	(15)	94	(198)
Prior service amortization/curtailment, pre-tax	[3]	(1)	(12)	(41)	(35)
Prior service amortization/curtailment, net of tax	[3]	(2)	(8)	(26)	(22)
Actuarial loss amortization/settlements, pre-tax	[3]	40	32	139	93
Actuarial loss amortization/settlements, net of tax	[3]	27	22	94	63
Fuji Xerox changes in defined benefit plans, net, pre-tax	[4]	(5)	4	22	34
Fuji Xerox changes in defined benefit plans, net, net of tax	[4]	(5)	4	22	34
Other gains(4)	[5]	51	70	78	42
Other gains, net of tax	[5]	52	70	78	42
Change in Defined Benefit Plans Gains (Losses), Pre-tax		125	69	350	(188)
Change in Defined Benefit Plans Gains (Losses), Net of Tax	[1]	97	73	262	(81)
Other Comprehensive Loss, before Tax		(67)	(442)	(140)	(547)
Other Comprehensive Loss, Net of Tax	[1]	(101)	(428)	(241)	(450)
Other comprehensive loss attributable to noncontrolling interest, pre-tax		(1)	(2)	(1)	(1)
Other comprehensive loss attributable to noncontrolling interest, net of tax		(1)	(2)	(1)	(1)
Other Comprehensive Loss Attributable to Xerox, Pre-tax		(66)	(440)	(139)	(546)
Other Comprehensive Loss, Attributable to Xerox, Net of Tax		(100)	$ (426)	(240)	$ (449)
Cumulative translation adjustments		(2,263)		(2,263)		$ (1,743)
Other unrealized losses, net		(4)		(4)		(22)
Benefit plans net actuarial losses and prior service credits	[6]	(2,132)		(2,132)		(2,394)
Total Accumulated Other Comprehensive Loss Attributable to Xerox		$ (4,399)		$ (4,399)		$ (4,159)	[7]
[1]	Refer to Note 16 - Other Comprehensive Loss for gross components of Other Comprehensive Loss, reclassification adjustments out of Accumulated Other Comprehensive Loss and related tax effects.
[2]	Reclassified to Cost of sales - refer to Note 12 - Financial Instruments for additional information regarding our cash flow hedges.
[3]	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14 - Employee Benefit Plans for additional information.
[4]	Represents our share of Fuji Xerox's benefit plan changes.
[5]	Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.
[6]	Includes our share of Fuji Xerox.
[7]	Certain prior year amounts have been revised - Refer to Note 1 - Basis of Presentation for additional information.

Earnings per Share, Reconciliat

Earnings per Share, Reconciliation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic (Loss) Earnings per Share:
Net (loss) income from continuing operations attributable to Xerox	$ (31)	$ 258	$ 267	$ 779
Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders	(37)	252	249	761
Net (loss) income from discontinued operations attributable to Xerox	(3)	8	(64)	34
Adjusted Net (Loss) Income Available to Common Shareholders	$ (40)	$ 260	$ 185	$ 795
Weighted average common shares outstanding	1,045,131	1,149,113	1,080,020	1,163,442
Continuing operations (dollars per share)	$ (0.04)	$ 0.22	$ 0.23	$ 0.65
Discontinued operations (dollars per share)	0	0.01	(0.06)	0.03
Total Basic (Loss) Earnings per Share	$ (0.04)	$ 0.23	$ 0.17	$ 0.68
Diluted (Loss) Earnings per Share:
Net (loss) income from continuing operations attributable to Xerox	$ (31)	$ 258	$ 267	$ 779
Adjusted Net (Loss) Income From Continuing Operations Available to Common Shareholders	(37)	252	249	761
Net (loss) income from discontinued operations attributable to Xerox	(3)	8	(64)	34
Adjusted Net (Loss) Income Available to Common Shareholders	$ (40)	$ 260	$ 185	$ 795
Weighted average common shares outstanding	1,045,131	1,149,113	1,080,020	1,163,442
Common shares issuable with respect to:
Adjusted Weighted Average Common Shares Outstanding	1,045,131	1,165,439	1,093,280	1,180,982
Continuing operations (dollars per share)	$ (0.04)	$ 0.21	$ 0.23	$ 0.64
Discontinued operations (dollars per share)	0	0.01	(0.06)	0.03
Total Diluted (Loss) Earnings per Share	$ (0.04)	$ 0.22	$ 0.17	$ 0.67
Stock options [Member]
Common shares issuable with respect to:
Stock options and Restricted stock and performance shares (in shares)	0	2,793	1,265	3,177
Restricted Stock and Performance Shares [Member]
Common shares issuable with respect to:
Stock options and Restricted stock and performance shares (in shares)	0	13,533	11,995	14,363
Convertible Preferred Stock [Member]
Common shares issuable with respect to:
Convertible preferred stock	0	0	0	0
Earnings (loss) per share, basic [Member]
Basic (Loss) Earnings per Share:
Accrued dividends on preferred stock	$ (6)	$ (6)	$ (18)	$ (18)
Earnings (loss) per share, diluted [Member]
Basic (Loss) Earnings per Share:
Accrued dividends on preferred stock	$ (6)	$ (6)	$ (18)	$ (18)

Earnings per Share, Anti Diluti

Earnings per Share, Anti Dilutive Securities (Details) - $ / shares shares in Thousands	3 Months Ended							9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	56,353				50,067			47,305	48,853
Dividends per common share (in dollars per share)	$ 0.07	$ 0.07	$ 0.07	$ 0.0625	$ 0.0625	$ 0.0625	$ 0.0625	$ 0.2100	$ 0.1875
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	3,391				4,143			2,125	3,759
Restricted Stock and Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	25,996				18,958			18,214	18,128
Convertible preferred stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	26,966				26,966			26,966	26,966

Contingencies and Litigation (D

Contingencies and Litigation (Details) - Brazil Tax And Labor Contingencies [Member] - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Loss Contingencies [Line Items]
Unreserved tax and labor contingencies	$ 559	$ 817
Escrow cash deposits	68
Net book value of assets with liens	13
Letters of credit and Surety Bonds	$ 175

Contingencies and Litigation, O

Contingencies and Litigation, Other Contingencies (Details) loans in Millions, $ in Millions	Sep. 30, 2015USD ($)loans
Letter of Credit [Member]
Guarantor Obligations [Line Items]
Maximum exposure, undiscounted	$ 375
Surety Bond [Member]
Guarantor Obligations [Line Items]
Maximum exposure, undiscounted	$ 639
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Guarantor Obligations [Line Items]
Outstanding Student Loan Portfolio, Loans | loans	2
Outstanding Principal Balance - Student Loan Portfolio	$ 30,100
Reserves for losses on defaulted loans	$ 4