Xerox 10-Q 7 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2017shares
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	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding	254,169,785

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares		Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares
Revenues
Sales	$ 1,010	$ 1,126		$ 1,946	$ 2,129
Services, maintenance and rentals	1,483	1,585		2,925	3,114
Financing	74	82		150	165
Total Revenues	2,567	2,793		5,021	5,408
Costs and Expenses
Cost of sales	619	696		1,186	1,310
Cost of services, maintenance and rentals	884	953		1,784	1,903
Cost of financing	33	32		66	65
Research, development and engineering expenses	106	119		224	245
Selling, administrative and general expenses	643	691		1,307	1,392
Restructuring and related costs	40	47		160	147
Amortization of intangible assets	15	16		29	30
Other expenses, net	34	48		88	93
Total Costs and Expenses	2,374	2,602		4,844	5,185
Income before Income Taxes and Equity Income	193	191		177	223
Income tax expense	43	18		19	16
Equity in net income of unconsolidated affiliates	20	26		60	60
Income from Continuing Operations	170	199		218	267
Loss from discontinued operations, net of tax	0	(38)		(6)	(73)
Net Income	170	161		212	194
Less: Net income attributable to noncontrolling interests	4	3		6	5
Net Income Attributable to Xerox	166	158		206	189
Net income from continuing operations	$ 166	$ 196		$ 212	$ 262
Basic Earnings (Loss) per Share(1):
Continuing operations (dollars per share) | $ / shares	$ 0.64	$ 0.75	[1]	$ 0.81	$ 0.99	[1]
Discontinued operations (dollars per share) | $ / shares	0	(0.15)	[1]	(0.03)	(0.29)	[1]
Total Basic Earnings per Share | $ / shares	0.64	0.60	[1]	0.78	0.70	[1]
Diluted Earnings (Loss) per Share(1):
Continuing operations (dollars per share) | $ / shares	0.63	0.75	[1]	0.80	0.98	[1]
Discontinued operations (dollars per share) | $ / shares	0	(0.15)	[1]	(0.02)	(0.28)	[1]
Total Diluted Earnings per Share | $ / shares	$ 0.63	$ 0.60	[1]	$ 0.78	$ 0.70	[1]
[1]	Reflects our one-for-four reverse stock split that became effective on June 14, 2017. Refer to Note 1 - Basis of Presentation for further information.

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions		3 Months Ended												6 Months Ended				12 Months Ended
		Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016		Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2017		Jun. 30, 2016		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income		$ 170		$ 42	$ (840)	$ 186	$ 161		$ 33	$ 272	$ (31)	$ 13	$ 212	$ 212		$ 194		$ (460)	$ 466	$ 1,018
Less: Net income attributable to noncontrolling interests		4					3							6		5
Net Income Attributable to Xerox		166		40	$ (843)	$ 183	158		$ 31	$ 267	$ (34)	$ 8	$ 207	206		189		(471)	448	995
Other Comprehensive Income (Loss), Net:
Translation adjustments, net		204	[1]	133			(82)	[1]						337	[1]	107	[1]	(347)	(651)	(728)
Unrealized (losses) gains, net	[1]	(14)					24							(6)		33
Changes in defined benefit plans, net	[1]	(29)					20							(3)		(92)
Other Comprehensive Income (Loss), Net		161	[1]	167			(38)	[1]						328	[1]	48	[1]	(236)	(475)	(1,375)
Less: Other comprehensive (loss) income, net attributable to noncontrolling interests		0					(1)							1		(1)
Other Comprehensive Income (Loss), Net Attributable to Xerox		161		166			(37)							327		49		(233)	(474)	(1,374)
Comprehensive Income, Net
Comprehensive Income, Net		331		209			123							540		242		(696)	(9)	(357)
Less: Comprehensive income, net attributable to noncontrolling interests		4					2							7		4
Comprehensive Income, Net Attributable to Xerox		$ 327		$ 206			$ 121							$ 533		$ 238		$ (704)	$ (26)	$ (379)
[1]	Refer to Note 16 - Other Comprehensive Income (Loss) for gross components of Other Comprehensive Income (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	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 1,246	$ 2,223
Accounts receivable, net	1,037	961
Billed portion of finance receivables, net	84	90
Finance receivables, net	1,278	1,256
Inventories	944	841
Assets of discontinued operations	0	1,002
Other current assets	389	619
Total current assets	4,978	6,992
Finance receivables due after one year, net	2,341	2,398
Equipment on operating leases, net	464	475
Land, buildings and equipment, net	636	660
Investments in affiliates, at equity	1,398	1,294
Intangible assets, net	286	290
Goodwill	3,893	3,787
Deferred tax assets, long-term	1,481	1,472
Other long-term assets	690	683
Total Assets	16,167	18,051
Liabilities and Equity
Short-term debt and current portion of long-term debt	765	1,011
Accounts payable	1,202	1,126
Accrued compensation and benefits costs	373	420
Unearned income	191	187
Liabilities of discontinued operations	0	1,002
Other current liabilities	883	908
Total current liabilities	3,414	4,654
Long-term debt	4,236	5,305
Pension and other benefit liabilities	2,281	2,240
Post-retirement medical benefits	676	698
Other long-term liabilities	188	193
Total Liabilities	10,795	13,090
Commitments and Contingencies (See Note 18)
Convertible Preferred Stock	214	214
Common stock	254	254
Additional paid-in capital	3,875	3,858
Retained earnings	5,004	4,934
Accumulated other comprehensive loss	(4,010)	(4,337)
Xerox shareholders’ equity	5,123	4,709
Noncontrolling interests	35	38
Total Equity	5,158	4,747
Total Liabilities and Equity	$ 16,167	$ 18,051
Shares of common stock issued and outstanding (in shares)	254,170	253,594

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Cash Flows from Operating Activities:
Net income	$ 170	$ 161	$ 212	$ 194
Loss from discontinued operations, net of tax	0	38	6	73
Income from continuing operations	170	199	218	267
Adjustments required to reconcile net income to cash flows from operating activities:
Depreciation and amortization	135	144	268	286
Provision for receivables	10	11	23	24
Provision for inventory	7	6	12	15
Net (gain) loss on sales of businesses and assets	(1)	3	(1)	(17)
Undistributed equity in net income of unconsolidated affiliates	10	5	(30)	(29)
Stock-based compensation	12	7	25	17
Restructuring and asset impairment charges	33	43	143	141
Payments for restructurings	(67)	(24)	(127)	(45)
Defined benefit pension cost	37	33	99	76
Contributions to defined benefit pension plans	(23)	(34)	(46)	(68)
Increase in accounts receivable and billed portion of finance receivables	(63)	(111)	(140)	(160)
Collections of deferred proceeds from sales of receivables	51	74	99	133
(Increase) decrease in inventories	(30)	7	(88)	(92)
Increase in equipment on operating leases	(50)	(68)	(102)	(130)
Decrease in finance receivables	69	21	134	85
Collections on beneficial interest from sales of finance receivables	5	7	11	15
Decrease (increase) in other current and long-term assets	14	46	(43)	9
Decrease in accounts payable and accrued compensation	(21)	(90)	0	(166)
(Decrease) increase in other current and long-term liabilities	0	(50)	3	(114)
Net change in income tax assets and liabilities	5	10	(36)	(22)
Net change in derivative assets and liabilities	44	(66)	99	(49)
Other operating, net	(4)	86	12	170
Net cash provided by operating activities of continuing operations	343	259	533	346
Net cash used in operating activities of discontinued operations	(15)	(82)	(95)	(194)
Net cash provided by operating activities	328	177	438	152
Cash Flows from Investing Activities:
Cost of additions to land, buildings and equipment	(13)	(27)	(30)	(46)
Proceeds from sales of land, buildings and equipment	0	1	1	20
Cost of additions to internal use software	(8)	(11)	(17)	(24)
Acquisitions, net of cash acquired	(65)	0	(76)	(18)
Other investing, net	9	3	10	4
Net cash used in investing activities of continuing operations	(77)	(34)	(112)	(64)
Net cash used in investing activities of discontinued operations	0	(33)	0	(128)
Net cash used in investing activities	(77)	(67)	(112)	(192)
Cash Flows from Financing Activities:
Net proceeds on short-term debt	0	249	1	998
Proceeds from issuance of long-term debt	2	5	5	9
Payments on long-term debt	(2)	(257)	(1,330)	(965)
Common stock dividends	(64)	(78)	(145)	(149)
Preferred stock dividends	(4)	(6)	(10)	(12)
Proceeds from issuances of common stock	0	2	0	3
Repurchases related to stock-based compensation	(1)	0	(8)	0
Distributions to noncontrolling interests	(11)	(1)	(12)	(12)
Proceeds from Conduent	0	0	161	0
Other financing	0	(1)	0	(1)
Net cash used in financing activities	(80)	(87)	(1,338)	(129)
Effect of exchange rate changes on cash and cash equivalents	30	(8)	35	4
Increase in cash of discontinued operations	0	(18)	0	(20)
Increase (decrease) in cash and cash equivalents	201	(3)	(977)	(185)
Cash and cash equivalents at beginning of period	1,045	1,046	2,223	1,228
Cash and Cash Equivalents at End of Period	$ 1,246	$ 1,043	$ 1,246	$ 1,043

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
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 2016 Annual Report on Form 10-K (2016 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 2016 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 “Income before Income Taxes and Equity Income” as “pre-tax income.” Overview On December 31, 2016, Xerox Corporation completed the Separation of its Business Process Outsourcing (BPO) business from its Document Technology and Document Outsourcing (DT/DO) business (the “Separation”). The Separation was accomplished through the transfer of the BPO business into a new legal entity, Conduent Incorporated ("Conduent"), and then distributing one hundred percent ( 100% ) of the outstanding common stock of Conduent to Xerox Corporation stockholders (the “Distribution”). The Separation and Distribution were structured to be tax-free for Xerox Corporation stockholders for federal income tax purposes. Conduent is now an independent public company trading on the New York Stock Exchange (“NYSE”) under the symbol “CNDT”. After the Separation, Xerox retained the DT/DO businesses and Xerox does not beneficially own any shares of Conduent common stock. As a result of the Separation and Distribution, the financial position and results of operations of the BPO business are presented as discontinued operations and, as such, have been excluded from continuing operations for all periods presented. The accompanying Notes to the Condensed Consolidated Financial Statements have all been revised to reflect the effect of the Separation and Distribution and all prior year balances have been revised accordingly to reflect continuing operations only. The historical statements of Comprehensive Income (Loss) and Shareholders' Equity have not been revised to reflect the Separation and instead reflect the Separation and Distribution as a final adjustment to the balances at December 31, 2016. Refer to Note 5 - Divestitures for additional information regarding discontinued operations. In connection with the Separation, Xerox entered into several agreements with Conduent to (1) effect the legal and structural separation of Xerox and Conduent, (2) govern the relationship between Xerox and Conduent up to and after the completion of the Separation and (3) allocate between Xerox and Conduent various assets, liabilities and obligations, including, among other things, employee benefits and tax-related assets and liabilities. The agreements entered into included a separation and distribution agreement, a transition service agreement, a tax matters agreement, an employee matters agreement, an intellectual property agreement and a trademark license agreement. Segment Discussion Following the separation of the BPO business, we realigned our operations to better manage the business and serve our customers and the markets in which we operate. In 2017 we transitioned to a geographic focus and are primarily organized from a sales perspective on the basis of “go-to-market” sales channels. These sales channels are structured to serve a range of customers for our products and services. As a result of this transition and change in structure, we concluded that we have one operating and reportable segment - the design, development and sale of document management systems and solutions. Our chief executive officer was identified as the chief operating decision maker (“CODM”). All of the company’s activities are interrelated, and each activity is dependent upon and supportive of the other, including product development, supply chain and back-office support services. In addition, all significant operating decisions are largely based upon an analysis of Xerox at the consolidated level, including assessments related to the company’s incentive compensation plan, as well as operating decisions at the Board level. Reverse Stock Split On May 23, 2017 , the Board of Directors authorized a reverse stock split of the issued and outstanding Xerox common stock at a ratio of one-for-four shares, together with the proportionate reduction in the authorized shares of its common stock from 1,750,000,000 shares to 437,500,000 shares. Shareholder approval for the reverse stock split was obtained at the company's Annual Shareholder Meeting on May 23, 2017 and the reverse stock split became effective on June 14, 2017 . At the effective time, every four shares of the company’s common stock that were issued and outstanding were automatically combined into one issued and outstanding share, without any change in par value of such shares. Accordingly, we reclassified $760 from Common stock to Additional paid-in capital. The reverse stock split also correspondingly affected all outstanding Xerox equity awards and outstanding convertible securities. All authorized, issued and outstanding stock and per share amounts contained in the accompanying Condensed Consolidated Financial Statements have been adjusted to reflect this reverse stock split for all prior periods presented.

Correction of Fuji Xerox Missta

Correction of Fuji Xerox Misstatement in Prior Period Financial Statements Correction of Fuji Xerox Misstatement in Prior Period Financial Statements	6 Months Ended
	Jun. 30, 2017
Accounting Changes and Error Corrections [Abstract]
Correction of Fuji Xerox Misstatement in Prior Period Financial Statements [Text Block]	Correction of Fuji Xerox Misstatement in Prior Period Financial Statements Fuji Xerox is a joint venture between Xerox Corporation and Fujifilm Holdings Corporation (“Fujifilm”) in which Xerox holds a noncontrolling 25% equity interest and Fujifilm holds the remaining equity interest. On April 20, 2017, Fujifilm publicly announced it had formed an independent investigation committee (IIC) to conduct a review of the appropriateness of the accounting practices at Fuji Xerox’s New Zealand subsidiary related to the recovery of receivables associated with certain bundled leasing transactions that occurred in, or prior to, Fuji Xerox’s fiscal year ending March 31, 2016. In first quarter 2017, Xerox's Equity in net income of unconsolidated affiliates included an out-of-period charge of approximately $30 1 , which represented our estimated share at that time of the cumulative Fujifilm adjustments from this initial review of JPY 22 billion (approximately $200 based on the Yen/U.S. Dollar spot exchange rate at March 31, 2017 of 111.89 ), as publicly disclosed by Fujifilm. In the first quarter 2017, the impact of this adjustment was not considered to be material to any of our previously issued financial statements nor was it considered to be material to Xerox's anticipated full year 2017 results. The IIC’s review, completed during the second quarter 2017, subsequently identified additional adjustments from the amount initially disclosed by Fujifilm and recorded by Xerox in the first quarter 2017, bringing the total aggregate adjustments to approximately JPY 40 billion (approximately $360 based on the Yen/U.S. Dollar spot exchange rate at March 31, 2017 of 111.89 ). The additional adjustments identified by the IIC during the second quarter 2017, primarily related to misstatements at Fuji Xerox's Australian subsidiary, as well as certain other adjustments. We determined that our cumulative share of the revised amount of total adjustments identified as part of the investigation was approximately $90 2 and impacted our fiscal years 2009 through 2017. Accordingly, in the second quarter 2017, we updated our previous materiality evaluation with the additional adjustments identified by the IIC during the second quarter 2017 and determined that the misstatements to our Equity in net income of unconsolidated affiliates in prior years and the first quarter of 2017 continued to be immaterial to our previously issued financial statements. However, based on this updated evaluation, we concluded that the cumulative correction of these misstatements would have had a material effect on our current year consolidated financial statements. Accordingly, we will revise our previously issued annual and interim consolidated financial statements for 2014, 2015 and 2016 and the first quarter of 2017 the next time they are filed. Certain of the corrections discussed above affected periods prior to fiscal year 2014, and this effect has been reflected as a cumulative, net of tax adjustment to reduce retained earnings as of January 1, 2014 by $69 . The effect of the revision on our previously issued financial statements is provided in the tables below. Amounts throughout the consolidated financial statements and notes thereto have been adjusted to incorporate the revised amounts, where applicable. _____________ (1) The difference between the $30 out-of-period adjustment recorded in the first quarter 2017 and the revision adjustment of $24 in the revision table for the three months ended March 31, 2017 primarily relates to the additional adjustments subsequently identified as part of the IIC review as described above. (2) The difference between the aggregate revision to retained earnings and the $90 impact at March 31, 2017 is primarily due to currency and the impact of adjustments recorded directly by Xerox in the first quarter 2017. Revised Annual Consolidated Statements of Income The following tables reconcile selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment (1) As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 16 $ 24 $ 40 $ 121 $ 6 $ 127 Income from Continuing Operations 24 24 48 627 6 633 Net Income (Loss) 18 24 42 (466 ) 6 (460 ) Net Income (Loss) Attributable to Xerox 16 24 40 (477 ) 6 (471 ) Net income from continuing operations attributable to Xerox $ 22 $ 24 $ 46 $ 616 $ 6 $ 622 Basic Earnings (Loss) per Share: Continuing operations $ 0.07 $ 0.10 $ 0.17 $ 2.33 $ 0.03 $ 2.36 Total $ 0.05 $ 0.09 $ 0.14 $ (1.98 ) $ 0.03 $ (1.95 ) Diluted Earnings (Loss) per Share: Continuing operations $ 0.07 $ 0.09 $ 0.16 $ 2.31 $ 0.02 $ 2.33 Total $ 0.05 $ 0.09 $ 0.14 $ (1.96 ) $ 0.03 $ (1.93 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 135 $ (26 ) $ 109 $ 160 $ (18 ) $ 142 Income from Continuing Operations 866 (26 ) 840 1,052 (18 ) 1,034 Net Income 492 (26 ) 466 1,036 (18 ) 1,018 Net Income Attributable to Xerox 474 (26 ) 448 1,013 (18 ) 995 Net income from continuing operations attributable to Xerox $ 848 $ (26 ) $ 822 $ 1,029 $ (18 ) $ 1,011 Basic Earnings per Share: Continuing operations $ 3.10 $ (0.10 ) $ 3.00 $ 3.48 $ (0.06 ) $ 3.42 Total $ 1.69 $ (0.10 ) $ 1.59 $ 3.43 $ (0.06 ) $ 3.37 Diluted Earnings per Share: Continuing operations $ 3.06 $ (0.09 ) $ 2.97 $ 3.43 $ (0.06 ) $ 3.37 Total $ 1.67 $ (0.09 ) $ 1.58 $ 3.38 $ (0.06 ) $ 3.32 _____________ Note: The sum of quarterly earnings per share may differ from the full-year amounts due to rounding, or in the case of diluted earnings per share, because securities that are anti-dilutive in certain quarters may not be anti-dilutive on a full-year basis. Revised Consolidated Statements of Comprehensive Income (Loss) The following tables reconcile selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Comprehensive Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net Income (Loss) $ 18 $ 24 $ 42 $ (466 ) $ 6 $ (460 ) Net Income (Loss) Attributable to Xerox 16 24 40 (477 ) 6 (471 ) Translation adjustments, net $ 136 $ (3 ) $ 133 $ (346 ) $ (1 ) $ (347 ) Other Comprehensive Income (Loss), Net 170 (3 ) 167 (235 ) (1 ) (236 ) Other Comprehensive Income (Loss), Net Attributable to Xerox 169 (3 ) 166 (232 ) (1 ) (233 ) Comprehensive Income (Loss), Net $ 188 $ 21 $ 209 $ (701 ) $ 5 $ (696 ) Comprehensive Income (Loss), Net Attributable to Xerox 185 21 206 (709 ) 5 (704 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net Income $ 492 $ (26 ) $ 466 $ 1,036 $ (18 ) $ 1,018 Net Income Attributable to Xerox 474 (26 ) 448 1,013 (18 ) 995 Translation adjustments, net $ (660 ) $ 9 $ (651 ) $ (734 ) $ 6 $ (728 ) Other Comprehensive Loss, Net (484 ) 9 (475 ) (1,381 ) 6 (1,375 ) Other Comprehensive Loss, Net Attributable to Xerox (483 ) 9 (474 ) (1,380 ) 6 (1,374 ) Comprehensive Income (Loss), Net $ 8 $ (17 ) $ (9 ) $ (345 ) $ (12 ) $ (357 ) Comprehensive Loss, Net Attributable to Xerox (9 ) (17 ) (26 ) (367 ) (12 ) (379 ) Revised Consolidated Balance Sheets The following table reconciles selected lines from the company’s Consolidated Balance Sheet at March 31, 2017 and December 31, 2016 and 2015 from the previously reported amounts to the revised amounts: As of March 31, 2017 As of December 31, 2016 As of December 31, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised As Reported Adjustment As Revised Investments in affiliates, at equity $ 1,477 $ (73 ) $ 1,404 $ 1,388 $ (94 ) $ 1,294 $ 1,382 $ (99 ) $ 1,283 Total Assets 15,916 (73 ) 15,843 18,145 (94 ) 18,051 25,541 (99 ) 25,442 Retained earnings $ 4,987 $ (81 ) $ 4,906 $ 5,039 $ (105 ) $ 4,934 $ 9,686 $ (111 ) $ 9,575 Accumulated other comprehensive loss (4,179 ) 8 (4,171 ) (4,348 ) 11 (4,337 ) (4,642 ) 12 (4,630 ) Xerox shareholders' equity 4,926 (73 ) 4,853 4,803 (94 ) 4,709 9,074 (99 ) 8,975 Total Equity 4,966 (73 ) 4,893 4,841 (94 ) 4,747 9,117 (99 ) 9,018 Total Liabilities and Equity 15,916 (73 ) 15,843 18,145 (94 ) 18,051 25,541 (99 ) 25,442 Revised Consolidated Statements of Cash Flows from Operations The revision did not have an impact on the company’s operating cash flows. The following table reconciles selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Cash Flows from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Cash Flows from Operating Activities: Net Income (Loss) $ 18 $ 24 $ 42 $ (466 ) $ 6 $ (460 ) Income from Continuing Operations 24 24 48 627 6 633 Undistributed equity in net income of unconsolidated affiliates $ (16 ) $ (24 ) $ (40 ) $ (69 ) $ (6 ) $ (75 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Cash Flows from Operating Activities: Net Income $ 492 $ (26 ) $ 466 $ 1,036 $ (18 ) $ 1,018 Income from Continuing Operations 866 (26 ) 840 1,052 (18 ) 1,034 Undistributed equity in net income of unconsolidated affiliates $ (79 ) $ 26 $ (53 ) $ (91 ) $ 18 $ (73 ) Revised Quarterly Results of Operations The following tables reconcile selected lines from the company’s 2016 and 2015 quarterly Consolidated Statements of Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2016 Three Months Ended June 30, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 37 $ (3 ) $ 34 $ 22 $ 4 $ 26 Income from Continuing Operations 71 (3 ) 68 195 4 199 Net Income 36 (3 ) 33 157 4 161 Net Income Attributable to Xerox 34 (3 ) 31 154 4 158 Basic Earnings per Share: Continuing operations $ 0.25 $ (0.01 ) $ 0.24 $ 0.74 $ 0.01 $ 0.75 Total $ 0.11 $ (0.01 ) $ 0.10 $ 0.59 $ 0.01 $ 0.60 Diluted Earnings per Share: Continuing operations $ 0.24 $ (0.01 ) $ 0.23 $ 0.73 $ 0.02 $ 0.75 Total $ 0.11 $ (0.01 ) $ 0.10 $ 0.58 $ 0.02 $ 0.60 Three Months Ended September 30, 2016 Three Months Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 39 $ 1 $ 40 $ 23 $ 4 $ 27 Income from Continuing Operations 177 1 178 184 4 188 Net Income (Loss) 185 1 186 (844 ) 4 (840 ) Net Income (Loss) Attributable to Xerox 182 1 183 (847 ) 4 (843 ) Basic Earnings (Loss) per Share: Continuing operations $ 0.66 $ — $ 0.66 $ 0.69 $ 0.02 $ 0.71 Total $ 0.69 $ — $ 0.69 $ (3.37 ) $ 0.02 $ (3.35 ) Diluted Earnings (Loss) per Share: Continuing operations $ 0.65 $ 0.01 $ 0.66 $ 0.68 $ 0.02 $ 0.70 Total $ 0.68 $ 0.01 $ 0.69 $ (3.32 ) $ 0.02 $ (3.30 ) Three Months Ended March 31, 2015 Three Months Ended June 30, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 34 $ (18 ) $ 16 $ 29 $ (4 ) $ 25 Income from Continuing Operations 189 (18 ) 171 210 (4 ) 206 Net Income 230 (18 ) 212 17 (4 ) 13 Net Income Attributable to Xerox 225 (18 ) 207 12 (4 ) 8 Basic Earnings per Share: Continuing operations $ 0.64 $ (0.06 ) $ 0.58 $ 0.73 $ (0.01 ) $ 0.72 Total $ 0.79 $ (0.07 ) $ 0.72 $ 0.02 $ (0.01 ) $ 0.01 Diluted Earnings per Share: Continuing operations $ 0.63 $ (0.06 ) $ 0.57 $ 0.72 $ (0.01 ) $ 0.71 Total $ 0.78 $ (0.07 ) $ 0.71 $ 0.02 $ (0.01 ) $ 0.01 Three Months Ended September 30, 2015 Three Months Ended December 31, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 40 $ — $ 40 $ 32 $ (4 ) $ 28 Income from Continuing Operations 206 — 206 261 (4 ) 257 Net (Loss) Income (31 ) — (31 ) 276 (4 ) 272 Net (Loss) Income Attributable to Xerox (34 ) — (34 ) 271 (4 ) 267 Basic (Loss) Earnings per Share: Continuing operations $ 0.75 $ — $ 0.75 $ 0.99 $ (0.02 ) $ 0.97 Total $ (0.16 ) $ — $ (0.16 ) $ 1.05 $ (0.02 ) $ 1.03 Diluted (Loss) Earnings per Share: Continuing operations $ 0.75 $ — $ 0.75 $ 0.98 $ (0.02 ) $ 0.96 Total $ (0.16 ) $ — $ (0.16 ) $ 1.04 $ (0.02 ) $ 1.02 _____________ Note: The sum of quarterly earnings per share may differ from the full-year amounts due to rounding, or in the case of diluted earnings per share, because securities that are anti-dilutive in certain quarters may not be anti-dilutive on a full-year basis.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
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. Subsequent to the issuance of ASU 2014-09, the FASB issued the following ASU’s which amend or provide additional guidance on topics addressed in ASU 2014-09. In March 2016, the FASB issued ASU 2016-08, Revenue Recognition - Principal versus Agent (reporting revenue gross versus net). In April 2016, the FASB issued ASU 2016-10, Revenue Recognition - Identifying Performance Obligations and Licenses. In May 2016, the FASB issued ASU 2016-12, Revenue Recognition - Narrow Scope Improvements and Practical Expedients. We will adopt this standard beginning January 1, 2018 and expect to use the permitted modified retrospective method. Under current revenue recognition guidance, a significant majority of our revenue is recorded when we invoice customers, as that is normally the point at which all the revenue recognition criteria are met. Under ASU 2014-09, we expect the unit of accounting, that is, the identification of performance obligations, will be consistent with current revenue guidance. Additionally, based on the nature of our contracts, we expect to continue to recognize revenue upon invoicing the customer for the large majority of our revenue when we adopt ASU 2014-09. Accordingly, the adoption of this standard is not expected to have a material impact for the large majority of our revenues. Lastly, a significant portion of our equipment sales are either recorded as sales-type leases or through direct sales to distributors and resellers and these sales are not expected to be impacted by the adoption of ASU 2014-09. We are continuing to evaluate certain contracts, which are more complex or where revenue recognition criteria are not currently met when invoicing occurs, to determine their treatment under ASU 2014-09. Although at this time we do not expect a material change in our revenue recognition, we expect to continue to evaluate the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements throughout the remainder of 2017. Additionally, we are also assessing the impacts of the additional disclosures required by ASU 2014-09 and cost deferral guidance required by ASU 2014-09. Our deferral of costs are minimal under our current practice and therefore the new guidance is expected to require more cost deferrals upon adoption. We are currently assessing the types and amounts of costs that may be eligible for deferral under the new standard. Leases In February 2016, the FASB issued ASU 2016-02 , Leases . This update requires the recognition of leased assets and lease obligations by lessees for those leases currently classified as operating leases under existing lease guidance. Short term leases with a term of 12 months or less are not required to be recognized. The update also requires disclosure of key information about leasing arrangements to increase transparency and comparability among organizations. The accounting for lessors does not fundamentally change except for changes to conform and align guidance to the lessee guidance as well as to the new revenue recognition guidance in ASU 2014-09. This update is effective for our fiscal year beginning January 1, 2019. We are currently evaluating the impact of the adoption of ASU 2016-02 on our consolidated financial statements. The aggregate undiscounted value of our operating lease commitments at December 31, 2016 was approximately $450 . Cash Flows In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments. This update provides specific guidance on eight cash flow classification issues where current GAAP is either unclear or does not include specific guidance. This update is effective for our fiscal year beginning January 1, 2018. This update includes specific guidance which requires cash collected on beneficial interests received in a sale of receivables be classified as inflows from investing activities. Currently, those collections are reported in operating cash flows. We reported $270 and $305 of collections on beneficial interests as operating cash inflows on the Statement of Cash Flows for the years ended December 31, 2016 and 2015, respectively. The other seven issues noted in this update are not expected to have a material impact on our financial condition, results of operations or cash flows. Additionally, in November 2016 the FASB issued ASU 2016-18 , Statement of Cash Flows - Restricted Cash . The update requires that amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. We held $131 and $179 of restricted cash, currently reported in other current or long-term assets at June 30, 2017 and December 31, 2016, respectively. This update is effective for our fiscal year beginning January 1, 2018. We are currently evaluating the impact, if any, that the adoption of ASU 2016-18 may have on our statements of cash flows in future reporting periods. Stock Compensation In March 2016, the FASB issued ASU 2016-09 , Compensation - Stock Compensation, Improvements to Employee Share-Based Payment Accounting (Topic 718). This update includes provisions to simplify certain aspects related to the accounting for share-based awards and the related financial statement presentation. The update also requires that excess tax benefits and deficiencies be recorded in the income statement when the awards vest or are settled as compared to equity as allowed under certain conditions by current US GAAP. This change is required to be adopted prospectively in the period of adoption. In addition, the ASU modifies the classification of certain share-based payment activities within the statements of cash flows and these changes are required to be applied retrospectively to all periods presented. We adopted ASU 2016-09 effective for our fiscal year beginning January 1, 2017. The adoption of ASU No. 2016-09 did not have a material impact on our financial condition, results of operations or cash flows. However, the impacts may vary and may add volatility to our income tax expense in future periods depending upon, among other things, the level of tax expense and the price of the company's common stock at the date of vesting for share-based awards. For the three and six months ended June 30, 2017, we recognized $0 and $2 , respectively, of additional tax expense related to the application of this update. Income Taxes In October 2016, the FASB issued ASU 2016-16 , Income Taxes - Intra-Entity Transfers of Assets Other than Inventory. This update requires recognition of the income-tax consequences of an intra-entity transfer of assets other than inventory when the transfer occurs. Under current GAAP, recognition of the income tax consequences for asset transfers other than inventory could not be recognized until the asset was sold to a third party. This update is effective for our fiscal year beginning January 1, 2018 and should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. We are currently evaluating the impact of the adoption of ASU 2016-16 on our consolidated financial statements. Financial Instruments - Credit Losses In June 2016, the FASB issued ASU 2016-13 , Financial Instruments Credit Losses - Measurement of Credit Losses on Financial Instruments, which requires measurement and recognition of expected credit losses for financial assets. The update impacts financial assets and net investment in leases that are not accounted for at fair value through net income. This update is effective for our fiscal year beginning January 1, 2020, with early adoption permitted as of January 1, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements. Retirement Benefits In March 2017, the FASB issued ASU 2017-07 , Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost . This update changes how employers that sponsor defined benefit pension plans and other postretirement plans present the net periodic benefit cost in the income statement. An employer is required to report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. Other components of net retirement benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. The amendment also allows only the service cost component to be eligible for capitalization, when applicable. This update is effective for us beginning January 1, 2018. The amendment will be applied retrospectively for the presentation requirements and prospectively for the capitalization of the service cost component requirements. The adoption of this update is not expected to have a material impact on our financial condition, results of operations or cash flows. Refer to Note 14 - Employee Benefit Plans for the service cost component and other components of net retirement benefit cost. Other Updates In 2017, 2016 and 2015, the FASB also issued the following Accounting Standards Updates which did not have or are not expected to have a material impact on our financial condition, results of operations or cash flows upon adoption. Those updates are as follows: • Service Concession Arrangements: ASU 2017-10 , (Topic 853) Determining the Customer of the Operation Services (a consensus of the FASB Emerging Issues Task Force). This update is effective for our fiscal year beginning January 1, 2018. • Compensation - Stock Compensation: ASU 2017-09 , (Topic 718) Scope of Modification Accounting. This update is effective for our fiscal year beginning January 1, 2018. • Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets: ASU 2017-05 , (Subtopic 610-20) Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets. This update is effective for our fiscal year beginning January 1, 2018. • Intangibles - Goodwill and Other: ASU 2017-04 , Simplifying the Goodwill Impairment Test . This update is effective for our fiscal year beginning January 1, 2020, with early adoption permitted. • Business Combinations: ASU 2017-01 , Business Combinations (Topic 805) Clarifying the Definition of a Business . This update is effective for our fiscal year beginning January 1, 2018. • Equity Method Accounting: ASU 2016-07 , Equity Method and Joint Venture Accounting (Topic 353), Simplifying the Transition to the Equity Method of Accounting . This update was effective for our fiscal year beginning January 1, 2017. • Financial Instruments - Classification and Measurement: ASU 2016-01 , Financial Instruments - Recognition and Measurement of Financial Instruments and Financial Liabilities. This update is effective for our fiscal year beginning January 1, 2018. • Inventory: ASU 2015-11 , Simplifying the Subsequent Measurement of Inventory, which was effective for our fiscal year beginning January 1, 2017.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisitions	Acquisitions Xerox is focused on increasing its Small and Mid-sized (SMB) coverage through resellers and partners (including multi-brand dealers) and continued distribution acquisitions. During 2017, distribution acquisitions totaled $76 and included the acquisition of MT Business Technologies, Inc. (MT Business) , an Ohio-based multi-brand dealer, and one smaller multi-brand dealer in Iowa. MT Business provides office equipment, productivity solutions and managed print services to organizations throughout Ohio and South Eastern Michigan. The acquisition of MT Business opens new market opportunities in Ohio, including large metropolitan areas such as Cleveland and Columbus. 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 all cash and were primarily allocated to intangible assets and goodwill based on management’s estimates which included, in certain situations, third-party valuations.

Divestitures

Divestitures	6 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	Divestitures Business Process Outsourcing (BPO) As previously disclosed, on December 31, 2016, Xerox completed the Separation of its BPO business through the Distribution of all of the issued and outstanding stock of Conduent to Xerox Corporation stockholders. As a result of the Separation and Distribution, the financial position and results of operations of the BPO Business are presented as discontinued operations and, as such, have been excluded from continuing operations for all periods presented. Separation costs are included in Loss from discontinued operations, net of tax, in the accompanying Condensed Consolidated Statements of Income. Three Months Ended Six Months Ended 2017 2016 2017 2016 Separation costs $ — $ 28 $ 8 $ 36 Separation costs are primarily for third-party investment banking, accounting, legal, consulting and other similar types of services related to the Separation transaction as well as costs associated with the operational separation of the two companies, such as those related to human resources, brand management, real estate and information management to the extent they were not capitalized. Separation costs also include the costs associated with bonuses and restricted stock grants awarded to employees for retention through the Separation. Summarized financial information for our Discontinued Operations is as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Revenues $ — $ 1,597 $ — $ 3,268 Cost of services — 1,343 — 2,752 Other expenses (1) — 300 8 611 Total costs and expenses — 1,643 8 3,363 Net loss before income taxes — (46 ) (8 ) (95 ) Income tax benefit — 8 2 22 Loss from discontinued operations, net of tax $ — $ (38 ) $ (6 ) $ (73 ) _____________ (1) The three and six months ended June 30, 2016 include $6 and $7 , respectively, of interest on the $1.0 billion Senior Unsecured Term Facility, which was required to be repaid upon completion of the Separation and therefore was reported in the Loss from discontinued operations. Refer to Note 11 - Debt for additional information regarding the Separation Debt Activity. In January 2017, as provided for in the Separation Agreement, we received a distribution from Conduent of $161 representing the final adjustment required to set Conduent's cash balance at $225 as of the Separation. This amount was recorded as a receivable from Conduent included in Other Current Assets at December 31, 2016. The cash receipt was reported in Cash Flows from Financing Activities in the Condensed Consolidated Statement of Cash Flows as it represented an adjustment to our Distribution of Conduent.

Accounts Receivable, Net

Accounts Receivable, Net	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivable, net were as follows: June 30, 2017 December 31, 2016 Invoiced $ 713 $ 651 Accrued 380 374 Allowance for doubtful accounts (56 ) (64 ) Accounts Receivable, Net $ 1,037 $ 961 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 receivables 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 their 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 Other current assets in the accompanying Consolidated Balance Sheets and were $57 and $48 at June 30, 2017 and December 31, 2016 , 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, $548 and $531 remained uncollected as of June 30, 2017 and December 31, 2016 , respectively. Accounts receivable sales were as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Accounts receivable sales $ 567 $ 582 $ 1,078 $ 1,174 Deferred proceeds 56 59 108 130 Loss on sales of accounts receivable 3 4 6 8 Estimated increase (decrease) to operating cash flows (1) 54 (11 ) (11 ) 15 __________________________ (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 Finance Receivables – Allowance for Credit Losses and Credit Quality Finance receivables include sales-type leases, direct financing leases and installment loans arising from the marketing of our equipment. 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 (2) Total Balance at December 31, 2016 $ 55 $ 16 $ 37 $ 2 $ 110 Provision 4 — 5 — 9 Charge-offs (6 ) (2 ) (2 ) — (10 ) Recoveries and other (3) — 2 — — 2 Balance at March 31, 2017 $ 53 $ 16 $ 40 $ 2 $ 111 Provision 4 1 1 — 6 Charge-offs (10 ) (1 ) (3 ) — (14 ) Recoveries and other (3) 1 — 4 — 5 Balance at June 30, 2017 $ 48 $ 16 $ 42 $ 2 $ 108 Finance receivables as of June 30, 2017 collectively evaluated for impairment (4) $ 2,028 $ 383 $ 1,336 $ 64 $ 3,811 Balance at December 31, 2015 (1) $ 54 $ 17 $ 45 $ 2 $ 118 Provision 4 1 5 — 10 Charge-offs (2 ) (2 ) (2 ) — (6 ) Recoveries and other (3) 1 2 1 — 4 Balance at March 31, 2016 $ 57 $ 18 $ 49 $ 2 $ 126 Provision — 1 7 — 8 Charge-offs (3 ) (2 ) (3 ) — (8 ) Recoveries and other (3) — 1 (2 ) — (1 ) Balance at June 30, 2016 $ 54 $ 18 $ 51 $ 2 $ 125 Finance receivables as of June 30, 2016 collectively evaluated for impairment (4) $ 2,149 $ 389 $ 1,424 $ 64 $ 4,026 __________________ (1) In the first quarter 2016, as a result of an internal reorganization, a U.S. leasing unit previously classified in Other was reclassified to the U.S. Prior year amounts have been revised to conform to current year presentation. (2) Includes developing market countries and smaller units. (3) 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. (4) Total Finance receivables exclude the allowance for credit losses of $108 and $125 at June 30, 2017 and 2016 , respectively. 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 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 & Poor's (S&P) rating of BBB- or better. Loss rates in this category are normally 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 with 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 evaluation 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 approximately 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: June 30, 2017 December 31, 2016 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 162 $ 341 $ 98 $ 601 $ 181 $ 342 $ 95 $ 618 Government and education 490 60 8 558 543 57 8 608 Graphic arts 116 115 95 326 138 102 107 347 Industrial 81 77 24 182 82 78 24 184 Healthcare 81 47 16 144 79 47 17 143 Other 69 95 53 217 82 103 53 238 Total United States 999 735 294 2,028 1,105 729 304 2,138 Finance and other services 53 43 21 117 54 43 15 112 Government and education 48 5 3 56 52 6 2 60 Graphic arts 36 33 30 99 39 37 24 100 Industrial 20 12 9 41 21 13 6 40 Other 32 26 12 70 33 25 8 66 Total Canada 189 119 75 383 199 124 55 378 France 191 231 50 472 181 222 51 454 U.K./Ireland (4) 96 155 11 262 95 148 10 253 Central (1) 187 145 18 350 182 148 19 349 Southern (2) 38 150 13 201 36 131 14 181 Nordics (3) 28 22 1 51 26 22 1 49 Total Europe 540 703 93 1,336 520 671 95 1,286 Other 37 23 4 64 35 15 2 52 Total $ 1,765 $ 1,580 $ 466 $ 3,811 $ 1,859 $ 1,539 $ 456 $ 3,854 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland. (4) The December 31, 2016 amounts have been revised to conform to 2017 presentation. The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows: June 30, 2017 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 12 $ 1 $ 1 $ 14 $ 587 $ 601 $ 10 Government and education 14 — 3 17 541 558 19 Graphic arts 14 1 — 15 311 326 6 Industrial 4 — 1 5 177 182 5 Healthcare 4 — 1 5 139 144 5 Other 6 1 1 8 209 217 4 Total United States 54 3 7 64 1,964 2,028 49 Canada 3 — — 3 380 383 9 France 3 — — 3 469 472 14 U.K./Ireland 3 — — 3 259 262 — Central (1) 2 1 1 4 346 350 6 Southern (2) 6 1 1 8 193 201 6 Nordics (3) — — — — 51 51 — Total Europe 14 2 2 18 1,318 1,336 26 Other 3 — — 3 61 64 — Total $ 74 $ 5 $ 9 $ 88 $ 3,723 $ 3,811 $ 84 December 31, 2016 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 13 $ 3 $ 1 $ 17 $ 601 $ 618 $ 11 Government and education 10 4 3 17 591 608 25 Graphic arts 13 1 — 14 333 347 5 Industrial 4 1 1 6 178 184 5 Healthcare 3 1 1 5 138 143 5 Other 9 2 1 12 226 238 5 Total United States 52 12 7 71 2,067 2,138 56 Canada 3 — — 3 375 378 8 France 3 — — 3 451 454 20 U.K./Ireland 2 1 — 3 250 253 1 Central (1) 2 1 — 3 346 349 5 Southern (2) 5 1 1 7 174 181 6 Nordics (3) 1 — — 1 48 49 1 Total Europe 13 3 1 17 1,269 1,286 33 Other 3 — — 3 49 52 — Total $ 71 $ 15 $ 8 $ 94 $ 3,760 $ 3,854 $ 97 _____________________________ (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	6 Months Ended
	Jun. 30, 2017
Financing Receivable, Net [Abstract]
Finance Receivables, Net	Accounts Receivable, Net Accounts receivable, net were as follows: June 30, 2017 December 31, 2016 Invoiced $ 713 $ 651 Accrued 380 374 Allowance for doubtful accounts (56 ) (64 ) Accounts Receivable, Net $ 1,037 $ 961 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 receivables 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 their 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 Other current assets in the accompanying Consolidated Balance Sheets and were $57 and $48 at June 30, 2017 and December 31, 2016 , 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, $548 and $531 remained uncollected as of June 30, 2017 and December 31, 2016 , respectively. Accounts receivable sales were as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Accounts receivable sales $ 567 $ 582 $ 1,078 $ 1,174 Deferred proceeds 56 59 108 130 Loss on sales of accounts receivable 3 4 6 8 Estimated increase (decrease) to operating cash flows (1) 54 (11 ) (11 ) 15 __________________________ (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 Finance Receivables – Allowance for Credit Losses and Credit Quality Finance receivables include sales-type leases, direct financing leases and installment loans arising from the marketing of our equipment. 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 (2) Total Balance at December 31, 2016 $ 55 $ 16 $ 37 $ 2 $ 110 Provision 4 — 5 — 9 Charge-offs (6 ) (2 ) (2 ) — (10 ) Recoveries and other (3) — 2 — — 2 Balance at March 31, 2017 $ 53 $ 16 $ 40 $ 2 $ 111 Provision 4 1 1 — 6 Charge-offs (10 ) (1 ) (3 ) — (14 ) Recoveries and other (3) 1 — 4 — 5 Balance at June 30, 2017 $ 48 $ 16 $ 42 $ 2 $ 108 Finance receivables as of June 30, 2017 collectively evaluated for impairment (4) $ 2,028 $ 383 $ 1,336 $ 64 $ 3,811 Balance at December 31, 2015 (1) $ 54 $ 17 $ 45 $ 2 $ 118 Provision 4 1 5 — 10 Charge-offs (2 ) (2 ) (2 ) — (6 ) Recoveries and other (3) 1 2 1 — 4 Balance at March 31, 2016 $ 57 $ 18 $ 49 $ 2 $ 126 Provision — 1 7 — 8 Charge-offs (3 ) (2 ) (3 ) — (8 ) Recoveries and other (3) — 1 (2 ) — (1 ) Balance at June 30, 2016 $ 54 $ 18 $ 51 $ 2 $ 125 Finance receivables as of June 30, 2016 collectively evaluated for impairment (4) $ 2,149 $ 389 $ 1,424 $ 64 $ 4,026 __________________ (1) In the first quarter 2016, as a result of an internal reorganization, a U.S. leasing unit previously classified in Other was reclassified to the U.S. Prior year amounts have been revised to conform to current year presentation. (2) Includes developing market countries and smaller units. (3) 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. (4) Total Finance receivables exclude the allowance for credit losses of $108 and $125 at June 30, 2017 and 2016 , respectively. 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 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 & Poor's (S&P) rating of BBB- or better. Loss rates in this category are normally 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 with 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 evaluation 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 approximately 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: June 30, 2017 December 31, 2016 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 162 $ 341 $ 98 $ 601 $ 181 $ 342 $ 95 $ 618 Government and education 490 60 8 558 543 57 8 608 Graphic arts 116 115 95 326 138 102 107 347 Industrial 81 77 24 182 82 78 24 184 Healthcare 81 47 16 144 79 47 17 143 Other 69 95 53 217 82 103 53 238 Total United States 999 735 294 2,028 1,105 729 304 2,138 Finance and other services 53 43 21 117 54 43 15 112 Government and education 48 5 3 56 52 6 2 60 Graphic arts 36 33 30 99 39 37 24 100 Industrial 20 12 9 41 21 13 6 40 Other 32 26 12 70 33 25 8 66 Total Canada 189 119 75 383 199 124 55 378 France 191 231 50 472 181 222 51 454 U.K./Ireland (4) 96 155 11 262 95 148 10 253 Central (1) 187 145 18 350 182 148 19 349 Southern (2) 38 150 13 201 36 131 14 181 Nordics (3) 28 22 1 51 26 22 1 49 Total Europe 540 703 93 1,336 520 671 95 1,286 Other 37 23 4 64 35 15 2 52 Total $ 1,765 $ 1,580 $ 466 $ 3,811 $ 1,859 $ 1,539 $ 456 $ 3,854 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland. (4) The December 31, 2016 amounts have been revised to conform to 2017 presentation. The aging of our billed finance receivables is based upon the number of days an invoice is past due and is as follows: June 30, 2017 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 12 $ 1 $ 1 $ 14 $ 587 $ 601 $ 10 Government and education 14 — 3 17 541 558 19 Graphic arts 14 1 — 15 311 326 6 Industrial 4 — 1 5 177 182 5 Healthcare 4 — 1 5 139 144 5 Other 6 1 1 8 209 217 4 Total United States 54 3 7 64 1,964 2,028 49 Canada 3 — — 3 380 383 9 France 3 — — 3 469 472 14 U.K./Ireland 3 — — 3 259 262 — Central (1) 2 1 1 4 346 350 6 Southern (2) 6 1 1 8 193 201 6 Nordics (3) — — — — 51 51 — Total Europe 14 2 2 18 1,318 1,336 26 Other 3 — — 3 61 64 — Total $ 74 $ 5 $ 9 $ 88 $ 3,723 $ 3,811 $ 84 December 31, 2016 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 13 $ 3 $ 1 $ 17 $ 601 $ 618 $ 11 Government and education 10 4 3 17 591 608 25 Graphic arts 13 1 — 14 333 347 5 Industrial 4 1 1 6 178 184 5 Healthcare 3 1 1 5 138 143 5 Other 9 2 1 12 226 238 5 Total United States 52 12 7 71 2,067 2,138 56 Canada 3 — — 3 375 378 8 France 3 — — 3 451 454 20 U.K./Ireland 2 1 — 3 250 253 1 Central (1) 2 1 — 3 346 349 5 Southern (2) 5 1 1 7 174 181 6 Nordics (3) 1 — — 1 48 49 1 Total Europe 13 3 1 17 1,269 1,286 33 Other 3 — — 3 49 52 — Total $ 71 $ 15 $ 8 $ 94 $ 3,760 $ 3,854 $ 97 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories The following is a summary of Inventories by major category: June 30, 2017 December 31, 2016 Finished goods $ 783 $ 713 Work-in-process 59 47 Raw materials 102 81 Total Inventories $ 944 $ 841

Investment in Affiliates, at Eq

Investment in Affiliates, at Equity	6 Months Ended
	Jun. 30, 2017
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 Six Months Ended 2017 2016 2017 2016 Fuji Xerox $ 18 $ 23 $ 55 $ 53 Other investments 2 3 5 7 Total Equity in Net Income of Unconsolidated Affiliates $ 20 $ 26 $ 60 $ 60 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. Refer to Note 2 - Correction of Fuji Xerox Misstatement in Prior Period Financial Statements for additional information regarding the results of a review of accounting practices at Fuji Xerox and the associated impact of adjustments from that review on previously reported Equity in net income of unconsolidated affiliates. The summarized financial data below for Fuji Xerox has likewise been revised accordingly to reflect the impact of those adjustments: Three Months Ended Six Months Ended 2017 2016 2017 2016 Summary of Operations: Revenues $ 2,325 $ 2,450 $ 4,884 $ 5,092 Costs and expenses 2,191 2,316 4,543 4,772 Income before income taxes 134 134 341 320 Income tax expense 32 42 76 91 Net Income 102 92 265 229 Less: Net income – noncontrolling interests 1 2 2 4 Net Income – Fuji Xerox $ 101 $ 90 $ 263 $ 225 Weighted Average Exchange Rate (1) 111.01 108.05 112.42 111.93 _____________________________ (1) Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs

Restructuring Programs	6 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring Programs	Restructuring Programs During the six months ended June 30, 2017 , we recorded net restructuring and asset impairment charges of $143 , which included approximately $160 of severance costs related to headcount reductions of approximately 1,500 employees worldwide and $3 of lease cancellation costs. These costs were partially offset by $20 of net reversals, primarily resulting from changes in estimated reserves from prior period initiatives. We also recorded $17 of costs during the six months ended June 30, 2017 , primarily related to professional support services associated with the implementation of the Strategic Transformation program. Information related to restructuring program activity is outlined below: Severance and Related Costs Lease Cancellation and Other Costs Asset Impairments (2) Total Balance at December 31, 2016 $ 104 $ 23 $ — $ 127 Provision 110 2 — 112 Reversals (2 ) — — (2 ) Net current period charges (1) 108 2 — 110 Charges against reserve and currency (58 ) (1 ) — (59 ) Balance at March 31, 2017 $ 154 $ 24 $ — $ 178 Provision 50 1 — 51 Reversals (13 ) (5 ) — (18 ) Net current period charges (1) 37 (4 ) — 33 Charges against reserve and currency (43 ) (17 ) — (60 ) Balance at June 30, 2017 $ 148 $ 3 $ — $ 151 _____________________________ (1) Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown for restructuring and asset impairments charges. (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. The following table summarizes the reconciliation to the Condensed Consolidated Statements of Cash Flows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Charges against reserve and currency $ (60 ) $ (25 ) $ (119 ) $ (44 ) Asset impairments — — — — Effects of foreign currency and other non-cash items (7 ) 1 (8 ) (1 ) Restructuring Cash Payments $ (67 ) $ (24 ) $ (127 ) $ (45 )

Debt

Debt	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Debt	Debt Debt Exchange In March 2017 , we completed a private offering to exchange portions of certain outstanding Senior Notes due 2018 through 2020 (collectively, the old notes), listed below, for $300 of new Senior Notes due 2022 and $322 in cash consideration, which includes a $22 exchange premium. The following principal amounts of each series of old notes were validly tendered and subsequently cancelled: Maturity Date Coupon Principal Amount Exchanged 4.07% Senior Notes Due March 2022 Cash Consideration Senior Notes due May 15, 2018 6.350 % $ 260 $ 130 $ 143 Senior Notes due March 15, 2019 2.750 % 94 47 48 Senior Notes due December 15, 2019 5.625 % 96 48 56 Senior Notes due May 15, 2020 2.800 % 87 44 43 Senior Notes due August 20, 2020 3.500 % 38 19 20 Senior Notes due September 1, 2020 2.750 % 25 12 12 Total $ 600 $ 300 $ 322 The new Senior Notes bear a fixed coupon rate of 4.07% and are due in March 2022 . There were no other significant changes to the terms between the old and new Senior Notes. We recorded a loss of approximately $9 for the exchange premium and other carrying value adjustments related to the portion of the old notes exchanged for cash. However, the old notes exchanged for the new Senior Notes were accounted for as a debt modification and therefore approximately $9 related to the exchange premium and other carrying value adjustments for that portion was carried over as an adjustment to the carrying value of new Senior Notes and is expected to be accreted over the term of the new Senior Notes. Transaction costs incurred on the exchange and paid to third parties of $4 were expensed as part of the loss. Separation Debt Activity In connection with the Separation, Conduent made a cash distribution of approximately $1.8 billion to Xerox in the fourth quarter 2016. Xerox used a portion of the cash distribution proceeds to repay its $1.0 billion Senior Unsecured Term Facility in January 2017, which was required to be repaid upon completion of the Separation. This $1.0 billion of cash and debt was excluded from the Cash and cash equivalents and Total Debt at December 31, 2016, respectively, and was reported in Current Assets and Current Liabilities of discontinued operations at December 31, 2016, respectively. In addition, due to the segregation of this cash at year-end, the payment was treated as a non-cash activity for the quarter ended March 31, 2017. Interest expense associated with this borrowing incurred during 2016 was included in Loss from discontinued operations, net of tax. Xerox used the balance of the proceeds received as well as cash on hand to repay its $500 6.75% Senior Notes and $500 2.95% Senior Notes that came due in first quarter 2017. Interest Expense and Income Interest expense and interest income were as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Interest expense (1) $ 57 $ 74 $ 126 $ 161 Interest income (2) 76 84 154 168 ____________ (1) Includes Cost of financing as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income. (2) Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017 , pay variable/receive fixed interest rate swaps with notional amounts of $300 and net asset fair value of $5 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 June 30, 2017 : 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 $ 5 2.69 % 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 At June 30, 2017 and December 31, 2016 , we had outstanding forward exchange and purchased option contracts with gross notional values of $2,665 and $3,149 respectively, with terms of less than 12 months. The associated currency exposures being hedged at June 30, 2017 were materially consistent with our year-end currency exposures, with the exception of our Euro/U.K. Pound Sterling exposure, which decreased by approximately $580 (currencies hedged - buy/sell). There has not been any material change in our hedging strategy. Foreign Currency Cash Flow Hedges We designate a portion of our foreign currency derivative contracts as cash flow hedges of our foreign currency-denominated expenses. The net liability fair value of these contracts were $26 and $20 as of June 30, 2017 and December 31, 2016 , 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 June 30, 2017 December 31, 2016 Derivatives Designated as Hedging Instruments Foreign exchange contracts - forwards Other current assets $ — $ 6 Other current liabilities (26 ) (26 ) Interest rate swaps Other long-term assets 5 4 Other long-term liabilities — — Net Designated Derivative Liability $ (21 ) $ (16 ) Derivatives NOT Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 3 $ 82 Other current liabilities (33 ) (13 ) Net Undesignated Derivative (Liability) Asset $ (30 ) $ 69 Summary of Derivatives Total Derivative Assets $ 8 $ 92 Total Derivative Liabilities (59 ) (39 ) Net Derivative (Liability) Asset $ (51 ) $ 53 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 Six Months Ended Gain (Loss) on Derivative Instruments 2017 2016 2017 2016 Fair Value Hedges - Interest rate contracts Derivative gain recognized in interest expense $ 2 $ 2 $ 1 $ 11 Hedged item loss recognized in interest expense (2 ) (2 ) (1 ) (11 ) Cash Flow Hedges - Foreign exchange forward contracts and options Derivative (loss) gain recognized in OCI (effective portion) $ (22 ) $ 41 $ (13 ) $ 57 Derivative (loss) gain reclassified from AOCL to income - Cost of sales (effective portion) (4 ) 8 (8 ) 7 During the three and six months ended June 30, 2017 and 2016 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. As of June 30, 2017 , a net after-tax loss of $19 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 (Losses) Gains 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 (losses) gains on non-designated derivative instruments: Derivatives NOT Designated as Hedging Instruments Three Months Ended Six Months Ended Location of Derivative (Loss) Gain 2017 2016 2017 2016 Foreign exchange contracts – forwards Other expense – Currency (loss) gain, net $ (14 ) $ 78 $ (10 ) $ 149 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 six months ended June 30, 2017 , currency losses, net were $(1) and $(4) , respectively. For the three and six months ended June 30, 2016 , currency gains (losses), net were $1 and $(3) , respectively.

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	6 Months Ended
	Jun. 30, 2017
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. June 30, 2017 December 31, 2016 Assets: Foreign exchange contracts - forwards $ 3 $ 88 Interest rate swaps 5 4 Deferred compensation investments in mutual funds 16 15 Total $ 24 $ 107 Liabilities: Foreign exchange contracts - forwards $ 59 $ 39 Deferred compensation plan liabilities 18 17 Total $ 77 $ 56 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 mutual funds is based on quoted market prices for those funds. Fair value for deferred compensation plan liabilities is based on the fair value of investments corresponding to employees’ investment selections. Summary of Other Financial Assets and Liabilities The estimated fair values of our other financial assets and liabilities were as follows: June 30, 2017 December 31, 2016 Carrying Amount Fair Value Carrying Amount Fair Value Cash and cash equivalents $ 1,246 $ 1,246 $ 2,223 $ 2,223 Accounts receivable, net 1,037 1,037 961 961 Short-term debt 765 781 1,011 1,015 Long-term debt 4,236 4,407 5,305 5,438 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 the current rates offered to us for debt of similar maturities (Level 2). 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	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [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 June 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2017 2016 2017 2016 2017 2016 Service cost $ 1 $ 1 $ 8 $ 10 $ 1 $ 2 Interest cost 32 34 38 51 7 8 Expected return on plan assets (30 ) (35 ) (54 ) (67 ) — — Recognized net actuarial loss 6 7 19 17 — — Amortization of prior service credit (1 ) (1 ) (1 ) (1 ) (1 ) (1 ) Recognized settlement loss 19 17 — — — — Defined Benefit Plans 27 23 10 10 7 9 Defined contribution plans 7 8 7 7 n/a n/a Net Periodic Benefit Cost 34 31 17 17 7 9 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss): Net actuarial loss (gain) (1) 12 134 — — (11 ) (34 ) Amortization of prior service credit 1 1 1 1 1 1 Amortization of net actuarial loss (25 ) (24 ) (19 ) (17 ) — — Total Recognized in Other Comprehensive Income (Loss) (2) (12 ) 111 (18 ) (16 ) (10 ) (33 ) Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss) $ 22 $ 142 $ (1 ) $ 1 $ (3 ) $ (24 ) Six Months Ended June 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2017 2016 2017 2016 2017 2016 Service cost $ 2 $ 2 $ 15 $ 16 $ 2 $ 3 Interest cost 66 71 77 101 14 16 Expected return on plan assets (61 ) (74 ) (107 ) (129 ) — — Recognized net actuarial loss 11 12 38 34 — 1 Amortization of prior service credit (1 ) (1 ) (2 ) (2 ) (2 ) (2 ) Recognized settlement loss 61 46 — — — — Defined Benefit Plans 78 56 21 20 14 18 Defined contribution plans 13 15 14 16 n/a n/a Net Periodic Benefit Cost 91 71 35 36 14 18 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income: Net actuarial loss (gain) (1) 20 257 — — (11 ) (34 ) Amortization of prior service credit 1 1 2 2 2 2 Amortization of net actuarial loss (72 ) (58 ) (38 ) (34 ) — (1 ) Total Recognized in Other Comprehensive Income (2) (51 ) 200 (36 ) (32 ) (9 ) (33 ) Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income $ 40 $ 271 $ (1 ) $ 4 $ 5 $ (15 ) __________ (1) The net actuarial loss (gain) for U.S. Plans primarily reflects (i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements and (ii) adjustments for the actuarial valuation results based on January 1st plan census data. (2) Amounts represent the pre-tax effect included within Other comprehensive income (loss). Refer to Note 16 - Other Comprehensive Income (Loss) for related tax effects and the after-tax amounts. Contributions The following table summarizes cash contributions to our defined benefit pension plans and retiree health benefit plans. Six Months Ended Year Ended December 31, 2017 2016 Estimated 2017 2016 U.S. Plans $ 12 $ 11 $ 174 $ 24 Non-U.S. Plans 34 57 176 154 Total Pension $ 46 $ 68 $ 350 $ 178 Retiree Health $ 32 $ 30 $ 63 $ 61 The estimated 2017 U.S. pension plan contributions of $174 include $150 for our domestic tax-qualified defined benefit plans, comprised of $15 to meet the minimum funding requirements and $135 of additional voluntary contributions.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity As previously disclosed in Note 1 - Basis of Presentation, a one-for-four reverse stock split became effective on June 14, 2017 for all authorized, issued and outstanding shares of Xerox common stock. Accordingly, all share and per share amounts have been adjusted to reflect this reverse stock split for all prior periods presented. The historical statements of Shareholders' Equity were not revised to reflect the effect of the Separation and instead reflect the Separation as a final adjustment to the balances at December 31, 2016. Refer to Note 5 - Divestitures for additional information regarding the Separation. Common Stock Additional Paid-in Capital Retained Earnings AOCL (3) Xerox Shareholders’ Equity Non-controlling Interests Total Equity Balance at December 31, 2016 $ 254 $ 3,858 $ 4,934 $ (4,337 ) $ 4,709 $ 38 $ 4,747 Comprehensive income, net — — 206 327 533 7 540 Cash dividends declared - common (1) — — (129 ) — (129 ) — (129 ) Cash dividends declared - preferred (2) — — (7 ) — (7 ) — (7 ) Stock option and incentive plans, net — 17 — — 17 — 17 Distributions to noncontrolling interests — — — — — (10 ) (10 ) Balance at June 30, 2017 $ 254 $ 3,875 $ 5,004 $ (4,010 ) $ 5,123 $ 35 $ 5,158 Common Stock Additional Paid-in Capital Retained Earnings AOCL (3) Xerox Shareholders’ Equity Non- controlling Interests Total Equity Balance at December 31, 2015 $ 253 $ 3,777 $ 9,575 $ (4,630 ) $ 8,975 $ 43 $ 9,018 Comprehensive income, net — — 189 49 238 4 242 Cash dividends declared - common (1) — — (159 ) — (159 ) — (159 ) Cash dividends declared - preferred (2) — — (12 ) — (12 ) — (12 ) Stock option and incentive plans, net — 30 — — 30 — 30 Distributions to noncontrolling interests — — — — — (9 ) (9 ) Balance at June 30, 2016 $ 253 $ 3,807 $ 9,593 $ (4,581 ) $ 9,072 $ 38 $ 9,110 _____________________________ (1) Cash dividends declared on common stock of $0.25 per share in each quarter of 2017 and $0.31 per share in each quarter of 2016 . (2) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2017 and 2016 . (3) Refer to Note 16 - Other Comprehensive Income (Loss) for components of AOCL. Treasury Stock There were no repurchases of Xerox Common Stock pursuant to Board authorized share repurchase programs during first or second quarter 2017.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Other Comprehensive Income (Loss) [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) As previously disclosed in Note 1 - Basis of Presentation, the historical statements of Other Comprehensive Income (Loss) have not been revised to reflect the effect of the Separation. Refer to Note 5 - Divestitures for additional information regarding the Separation. Other Comprehensive Income (Loss) is comprised of the following: Three Months Ended Six Months Ended 2017 2016 2017 2016 Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Translation Adjustments Gains (Losses) $ 204 $ 204 $ (80 ) $ (82 ) $ 338 $ 337 $ 111 $ 107 Unrealized (Losses) Gains: Changes in fair value of cash flow hedges - (losses) gains (22 ) (17 ) 41 30 (13 ) (11 ) 57 39 Changes in cash flow hedges reclassed to earnings (1) 4 2 (8 ) (5 ) 8 4 (7 ) (5 ) Other gains (losses) 1 1 (1 ) (1 ) 1 1 (1 ) (1 ) Net Unrealized (Losses) Gains (17 ) (14 ) 32 24 (4 ) (6 ) 49 33 Defined Benefit Plans (Losses) Gains: Net actuarial losses (1 ) (1 ) (100 ) (62 ) (9 ) (6 ) (223 ) (138 ) Prior service amortization (2) (3 ) (2 ) (3 ) (2 ) (5 ) (3 ) (5 ) (3 ) Actuarial loss amortization/settlement (2) 44 30 41 28 110 74 93 63 Fuji Xerox changes in defined benefit plans, net (3) 8 8 (25 ) (25 ) 21 21 (100 ) (100 ) Other (losses) gains (4) (64 ) (64 ) 81 81 (89 ) (89 ) 86 86 Changes in Defined Benefit Plans (Losses) Gains (16 ) (29 ) (6 ) 20 28 (3 ) (149 ) (92 ) Other Comprehensive Income (Loss) 171 161 (54 ) (38 ) 362 328 11 48 Less: Other comprehensive (loss) income attributable to noncontrolling interests — — (1 ) (1 ) 1 1 (1 ) (1 ) Other Comprehensive Income (Loss) Attributable to Xerox $ 171 $ 161 $ (53 ) $ (37 ) $ 361 $ 327 $ 12 $ 49 _____________________________ (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: June 30, 2017 December 31, 2016 Cumulative translation adjustments $ (1,927 ) $ (2,263 ) Other unrealized losses, net (19 ) (13 ) Benefit plans net actuarial losses and prior service credits (1) (2,064 ) (2,061 ) Total Accumulated Other Comprehensive Loss Attributable to Xerox $ (4,010 ) $ (4,337 ) _____________________________ (1) Includes our share of Fuji Xerox.

Earnings per Share

Earnings per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share As previously disclosed in Note 1 - Basis of Presentation, a one-for-four reverse stock split became effective on June 14, 2017 for all authorized, issued and outstanding shares of Xerox common stock. Accordingly, all share and per share amounts have been adjusted to reflect this reverse stock split for all prior periods presented. The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Basic Earnings (Loss) per Share: Net income from continuing operations attributable to Xerox $ 166 $ 196 $ 212 $ 262 Accrued dividends on preferred stock (3 ) (6 ) (7 ) (12 ) Adjusted Net income from continuing operations available to common shareholders 163 190 205 250 Net loss from discontinued operations attributable to Xerox — (38 ) (6 ) (73 ) Adjusted Net income available to common shareholders $ 163 $ 152 $ 199 $ 177 Weighted average common shares outstanding 254,193 253,321 254,107 253,291 Basic Earnings (Loss) per Share: Continuing operations $ 0.64 $ 0.75 $ 0.81 $ 0.99 Discontinued operations — (0.15 ) (0.03 ) (0.29 ) Basic Earnings per Share $ 0.64 $ 0.60 $ 0.78 $ 0.70 Diluted Earnings (Loss) per Share: Net income from continuing operations attributable to Xerox $ 166 $ 196 $ 212 $ 262 Accrued dividends on preferred stock — (6 ) (7 ) (12 ) Adjusted Net income from continuing operations available to common shareholders 166 190 $ 205 $ 250 Net loss from discontinued operations attributable to Xerox — (38 ) (6 ) (73 ) Adjusted Net income available to common shareholders $ 166 $ 152 $ 199 $ 177 Weighted average common shares outstanding 254,193 253,321 254,107 253,291 Common shares issuable with respect to: Stock options — 205 — 209 Restricted stock and performance shares 2,275 1,979 2,190 1,789 Convertible preferred stock 6,742 — — — Adjusted Weighted average common shares outstanding 263,210 255,505 256,297 255,289 Diluted Earnings (Loss) per Share: Continuing operations $ 0.63 $ 0.75 $ 0.80 $ 0.98 Discontinued operations — (0.15 ) (0.02 ) (0.28 ) Diluted Earnings per Share $ 0.63 $ 0.60 $ 0.78 $ 0.70 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 — 486 — 483 Restricted stock and performance shares 2,375 3,977 2,460 4,167 Convertible preferred stock — 6,742 6,742 6,742 Total Anti-Dilutive Securities 2,375 11,205 9,202 11,392 Dividends per Common Share $ 0.25 $ 0.31 $ 0.50 $ 0.62

Contingencies and Litigation

Contingencies and Litigation	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Litigation	Contingencies and Litigation Legal Matters We are involved in a variety of claims, lawsuits, investigations and proceedings concerning: securities law; governmental entity contracting; servicing and procurement law; intellectual property law; environmental law; employment law; the Employee Retirement Income Security Act (ERISA); and other laws and regulations. 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 and gross revenue taxes. We are disputing these tax matters and intend to vigorously defend our positions. 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 June 30, 2017 , the total amounts related to the unreserved portion of the tax and labor contingencies, inclusive of any related interest, amounted to approximately $600 , with the decrease from our December 31, 2016 balance of approximately $750 , primarily related to closed cases, partially offset by interest. With respect to the unreserved balance of $600 , 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 June 30, 2017 , we had $76 of escrow cash deposits for matters we are disputing and additional letters of credit and surety bonds of approximately $142 and $94 , respectively, which include associated indexation. There were no liens on any of our Brazilian assets as of June 30, 2017 . 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: 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 “the Defendants”) violated the Texas Medicaid Fraud Prevention Act in the administration of ACS’s contract with the Texas Department of Health and Human Services (“HHSC”). Xerox Corporation provided a guaranty of contractual performance with respect to the ACS contract. The State alleges that the Defendants 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. The Defendants filed their Answer in June 2014 denying all allegations. On August 4, 2017, the State of Texas filed a Second Amended Petition, which makes substantially similar allegations and seeks similar remedies as the original lawsuit. The defendants will continue to vigorously defend themselves in this matter. This matter is a “Conduent Liability”, as defined in the Separation and Distribution Agreement dated as of December 31, 2016 between Xerox Corporation and Conduent Incorporated, for which Conduent is required to indemnify Xerox. Conduent is entitled to direct the defense of this matter. Oklahoma Firefighters Pension and Retirement System v. Xerox Corporation, Ursula M. Burns, Luca Maestri, Kathryn A. Mikells, Lynn R. Blodgett, Robert K. Zapfel, David H. Bywater and Mary Scanlon: On October 21, 2016, the Oklahoma Firefighters Pension and Retirement System (“plaintiff”) filed a purported securities class action complaint against Xerox Corporation, Ursula Burns, Luca Maestri, Kathryn Mikells, Lynn Blodgett and Robert Zapfel (collectively, “defendants”) in the U.S. District Court for the Southern District of New York on behalf of the plaintiff and certain purchasers or acquirers of Xerox common stock. The complaint alleged that defendants made false and misleading statements, in violation of Sections 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b-5, relating to the operations and prospects of Xerox’s Health Enterprise business. Plaintiff sought, among other things, unspecified monetary damages and attorneys’ fees. Other, similar lawsuits may follow. On December 28, 2016, the Court entered a stipulated order setting out a schedule for amendment of the complaint and for defendants’ response to that complaint following the Court’s appointment of lead plaintiff under the Private Securities Litigation Reform Act. On February 28, 2017, the Court issued an opinion and order appointing the Arkansas Public Employees Retirement System ("APERS") as lead plaintiff. On May 1, 2017, APERS filed an amended complaint, alleging substantially similar claims and seeking substantially similar relief, but adding David Bywater and Mary Scanlon as defendants. On June 30, 2017, defendants moved to dismiss the amended complaint. Xerox will vigorously defend against this matter. At this time, it is premature to make any conclusion regarding the probability of incurring material losses in this litigation. Should developments cause a change in our determination as to an unfavorable outcome, or result in a final adverse judgment or settlement, 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 approximately $386 of guarantees as of June 30, 2017 in the form of letters of credit or surety bonds issued to i) support certain insurance programs; ii) support our obligations related to the Brazil tax and labor contingencies; and iii) support certain contracts, primarily with public sector customers, which 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 we defaulted in performing 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. 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.

Correction of Fuji Xerox Miss24

Correction of Fuji Xerox Misstatement in Prior Period Financial Statements Correction of Fuji Xerox Misstatement in Prior Period Financial Statements(Tables)	6 Months Ended
	Jun. 30, 2017
Impact of Revisions [Line Items]
Impact of Revisions [Table Text Block]	Revised Annual Consolidated Statements of Income The following tables reconcile selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment (1) As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 16 $ 24 $ 40 $ 121 $ 6 $ 127 Income from Continuing Operations 24 24 48 627 6 633 Net Income (Loss) 18 24 42 (466 ) 6 (460 ) Net Income (Loss) Attributable to Xerox 16 24 40 (477 ) 6 (471 ) Net income from continuing operations attributable to Xerox $ 22 $ 24 $ 46 $ 616 $ 6 $ 622 Basic Earnings (Loss) per Share: Continuing operations $ 0.07 $ 0.10 $ 0.17 $ 2.33 $ 0.03 $ 2.36 Total $ 0.05 $ 0.09 $ 0.14 $ (1.98 ) $ 0.03 $ (1.95 ) Diluted Earnings (Loss) per Share: Continuing operations $ 0.07 $ 0.09 $ 0.16 $ 2.31 $ 0.02 $ 2.33 Total $ 0.05 $ 0.09 $ 0.14 $ (1.96 ) $ 0.03 $ (1.93 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 135 $ (26 ) $ 109 $ 160 $ (18 ) $ 142 Income from Continuing Operations 866 (26 ) 840 1,052 (18 ) 1,034 Net Income 492 (26 ) 466 1,036 (18 ) 1,018 Net Income Attributable to Xerox 474 (26 ) 448 1,013 (18 ) 995 Net income from continuing operations attributable to Xerox $ 848 $ (26 ) $ 822 $ 1,029 $ (18 ) $ 1,011 Basic Earnings per Share: Continuing operations $ 3.10 $ (0.10 ) $ 3.00 $ 3.48 $ (0.06 ) $ 3.42 Total $ 1.69 $ (0.10 ) $ 1.59 $ 3.43 $ (0.06 ) $ 3.37 Diluted Earnings per Share: Continuing operations $ 3.06 $ (0.09 ) $ 2.97 $ 3.43 $ (0.06 ) $ 3.37 Total $ 1.67 $ (0.09 ) $ 1.58 $ 3.38 $ (0.06 ) $ 3.32 _____________ Note: The sum of quarterly earnings per share may differ from the full-year amounts due to rounding, or in the case of diluted earnings per share, because securities that are anti-dilutive in certain quarters may not be anti-dilutive on a full-year basis. Revised Consolidated Statements of Comprehensive Income (Loss) The following tables reconcile selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Comprehensive Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net Income (Loss) $ 18 $ 24 $ 42 $ (466 ) $ 6 $ (460 ) Net Income (Loss) Attributable to Xerox 16 24 40 (477 ) 6 (471 ) Translation adjustments, net $ 136 $ (3 ) $ 133 $ (346 ) $ (1 ) $ (347 ) Other Comprehensive Income (Loss), Net 170 (3 ) 167 (235 ) (1 ) (236 ) Other Comprehensive Income (Loss), Net Attributable to Xerox 169 (3 ) 166 (232 ) (1 ) (233 ) Comprehensive Income (Loss), Net $ 188 $ 21 $ 209 $ (701 ) $ 5 $ (696 ) Comprehensive Income (Loss), Net Attributable to Xerox 185 21 206 (709 ) 5 (704 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net Income $ 492 $ (26 ) $ 466 $ 1,036 $ (18 ) $ 1,018 Net Income Attributable to Xerox 474 (26 ) 448 1,013 (18 ) 995 Translation adjustments, net $ (660 ) $ 9 $ (651 ) $ (734 ) $ 6 $ (728 ) Other Comprehensive Loss, Net (484 ) 9 (475 ) (1,381 ) 6 (1,375 ) Other Comprehensive Loss, Net Attributable to Xerox (483 ) 9 (474 ) (1,380 ) 6 (1,374 ) Comprehensive Income (Loss), Net $ 8 $ (17 ) $ (9 ) $ (345 ) $ (12 ) $ (357 ) Comprehensive Loss, Net Attributable to Xerox (9 ) (17 ) (26 ) (367 ) (12 ) (379 ) Revised Consolidated Balance Sheets The following table reconciles selected lines from the company’s Consolidated Balance Sheet at March 31, 2017 and December 31, 2016 and 2015 from the previously reported amounts to the revised amounts: As of March 31, 2017 As of December 31, 2016 As of December 31, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised As Reported Adjustment As Revised Investments in affiliates, at equity $ 1,477 $ (73 ) $ 1,404 $ 1,388 $ (94 ) $ 1,294 $ 1,382 $ (99 ) $ 1,283 Total Assets 15,916 (73 ) 15,843 18,145 (94 ) 18,051 25,541 (99 ) 25,442 Retained earnings $ 4,987 $ (81 ) $ 4,906 $ 5,039 $ (105 ) $ 4,934 $ 9,686 $ (111 ) $ 9,575 Accumulated other comprehensive loss (4,179 ) 8 (4,171 ) (4,348 ) 11 (4,337 ) (4,642 ) 12 (4,630 ) Xerox shareholders' equity 4,926 (73 ) 4,853 4,803 (94 ) 4,709 9,074 (99 ) 8,975 Total Equity 4,966 (73 ) 4,893 4,841 (94 ) 4,747 9,117 (99 ) 9,018 Total Liabilities and Equity 15,916 (73 ) 15,843 18,145 (94 ) 18,051 25,541 (99 ) 25,442 Revised Consolidated Statements of Cash Flows from Operations The revision did not have an impact on the company’s operating cash flows. The following table reconciles selected lines from the company’s first quarter of 2017 and fiscal years of 2016, 2015 and 2014 Consolidated Statements of Cash Flows from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2017 Year Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Cash Flows from Operating Activities: Net Income (Loss) $ 18 $ 24 $ 42 $ (466 ) $ 6 $ (460 ) Income from Continuing Operations 24 24 48 627 6 633 Undistributed equity in net income of unconsolidated affiliates $ (16 ) $ (24 ) $ (40 ) $ (69 ) $ (6 ) $ (75 ) Year Ended December 31, 2015 Year Ended December 31, 2014 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Cash Flows from Operating Activities: Net Income $ 492 $ (26 ) $ 466 $ 1,036 $ (18 ) $ 1,018 Income from Continuing Operations 866 (26 ) 840 1,052 (18 ) 1,034 Undistributed equity in net income of unconsolidated affiliates $ (79 ) $ 26 $ (53 ) $ (91 ) $ 18 $ (73 ) Revised Quarterly Results of Operations The following tables reconcile selected lines from the company’s 2016 and 2015 quarterly Consolidated Statements of Income (Loss) from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2016 Three Months Ended June 30, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 37 $ (3 ) $ 34 $ 22 $ 4 $ 26 Income from Continuing Operations 71 (3 ) 68 195 4 199 Net Income 36 (3 ) 33 157 4 161 Net Income Attributable to Xerox 34 (3 ) 31 154 4 158 Basic Earnings per Share: Continuing operations $ 0.25 $ (0.01 ) $ 0.24 $ 0.74 $ 0.01 $ 0.75 Total $ 0.11 $ (0.01 ) $ 0.10 $ 0.59 $ 0.01 $ 0.60 Diluted Earnings per Share: Continuing operations $ 0.24 $ (0.01 ) $ 0.23 $ 0.73 $ 0.02 $ 0.75 Total $ 0.11 $ (0.01 ) $ 0.10 $ 0.58 $ 0.02 $ 0.60 Three Months Ended September 30, 2016 Three Months Ended December 31, 2016 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 39 $ 1 $ 40 $ 23 $ 4 $ 27 Income from Continuing Operations 177 1 178 184 4 188 Net Income (Loss) 185 1 186 (844 ) 4 (840 ) Net Income (Loss) Attributable to Xerox 182 1 183 (847 ) 4 (843 ) Basic Earnings (Loss) per Share: Continuing operations $ 0.66 $ — $ 0.66 $ 0.69 $ 0.02 $ 0.71 Total $ 0.69 $ — $ 0.69 $ (3.37 ) $ 0.02 $ (3.35 ) Diluted Earnings (Loss) per Share: Continuing operations $ 0.65 $ 0.01 $ 0.66 $ 0.68 $ 0.02 $ 0.70 Total $ 0.68 $ 0.01 $ 0.69 $ (3.32 ) $ 0.02 $ (3.30 ) Three Months Ended March 31, 2015 Three Months Ended June 30, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 34 $ (18 ) $ 16 $ 29 $ (4 ) $ 25 Income from Continuing Operations 189 (18 ) 171 210 (4 ) 206 Net Income 230 (18 ) 212 17 (4 ) 13 Net Income Attributable to Xerox 225 (18 ) 207 12 (4 ) 8 Basic Earnings per Share: Continuing operations $ 0.64 $ (0.06 ) $ 0.58 $ 0.73 $ (0.01 ) $ 0.72 Total $ 0.79 $ (0.07 ) $ 0.72 $ 0.02 $ (0.01 ) $ 0.01 Diluted Earnings per Share: Continuing operations $ 0.63 $ (0.06 ) $ 0.57 $ 0.72 $ (0.01 ) $ 0.71 Total $ 0.78 $ (0.07 ) $ 0.71 $ 0.02 $ (0.01 ) $ 0.01 Three Months Ended September 30, 2015 Three Months Ended December 31, 2015 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Equity in net income of unconsolidated affiliates $ 40 $ — $ 40 $ 32 $ (4 ) $ 28 Income from Continuing Operations 206 — 206 261 (4 ) 257 Net (Loss) Income (31 ) — (31 ) 276 (4 ) 272 Net (Loss) Income Attributable to Xerox (34 ) — (34 ) 271 (4 ) 267 Basic (Loss) Earnings per Share: Continuing operations $ 0.75 $ — $ 0.75 $ 0.99 $ (0.02 ) $ 0.97 Total $ (0.16 ) $ — $ (0.16 ) $ 1.05 $ (0.02 ) $ 1.03 Diluted (Loss) Earnings per Share: Continuing operations $ 0.75 $ — $ 0.75 $ 0.98 $ (0.02 ) $ 0.96 Total $ (0.16 ) $ — $ (0.16 ) $ 1.04 $ (0.02 ) $ 1.02 _____________ Note: The sum of quarterly earnings per share may differ from the full-year amounts due to rounding, or in the case of diluted earnings per share, because securities that are anti-dilutive in certain quarters may not be anti-dilutive on a full-year basis.

Divestitures (Tables)

Divestitures (Tables)	6 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Summarized Financial Information - Discontinued Operations	Summarized financial information for our Discontinued Operations is as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Revenues $ — $ 1,597 $ — $ 3,268 Cost of services — 1,343 — 2,752 Other expenses (1) — 300 8 611 Total costs and expenses — 1,643 8 3,363 Net loss before income taxes — (46 ) (8 ) (95 ) Income tax benefit — 8 2 22 Loss from discontinued operations, net of tax $ — $ (38 ) $ (6 ) $ (73 ) _____________ (1) The three and six months ended June 30, 2016 include $6 and $7 , respectively, of interest on the $1.0 billion Senior Unsecured Term Facility, which was required to be repaid upon completion of the Separation and therefore was reported in the Loss from discontinued operations.
Separation Costs [Table Text Block]	Separation costs are included in Loss from discontinued operations, net of tax, in the accompanying Condensed Consolidated Statements of Income. Three Months Ended Six Months Ended 2017 2016 2017 2016 Separation costs $ — $ 28 $ 8 $ 36 Separation costs are primarily for third-party investment banking, accounting, legal, consulting and other similar types of services related to the Separation transaction as well as costs associated with the operational separation of the two companies, such as those related to human resources, brand management, real estate and information management to the extent they were not capitalized. Separation costs also include the costs associated with bonuses and restricted stock grants awarded to employees for retention through the Separation.

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of accounts receivable, net	Accounts receivable, net were as follows: June 30, 2017 December 31, 2016 Invoiced $ 713 $ 651 Accrued 380 374 Allowance for doubtful accounts (56 ) (64 ) Accounts Receivable, Net $ 1,037 $ 961
Schedule of accounts receivables sales	Accounts receivable sales were as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Accounts receivable sales $ 567 $ 582 $ 1,078 $ 1,174 Deferred proceeds 56 59 108 130 Loss on sales of accounts receivable 3 4 6 8 Estimated increase (decrease) to operating cash flows (1) 54 (11 ) (11 ) 15 __________________________ (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)	6 Months Ended
	Jun. 30, 2017
Financing Receivable, Net [Abstract]
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 (2) Total Balance at December 31, 2016 $ 55 $ 16 $ 37 $ 2 $ 110 Provision 4 — 5 — 9 Charge-offs (6 ) (2 ) (2 ) — (10 ) Recoveries and other (3) — 2 — — 2 Balance at March 31, 2017 $ 53 $ 16 $ 40 $ 2 $ 111 Provision 4 1 1 — 6 Charge-offs (10 ) (1 ) (3 ) — (14 ) Recoveries and other (3) 1 — 4 — 5 Balance at June 30, 2017 $ 48 $ 16 $ 42 $ 2 $ 108 Finance receivables as of June 30, 2017 collectively evaluated for impairment (4) $ 2,028 $ 383 $ 1,336 $ 64 $ 3,811 Balance at December 31, 2015 (1) $ 54 $ 17 $ 45 $ 2 $ 118 Provision 4 1 5 — 10 Charge-offs (2 ) (2 ) (2 ) — (6 ) Recoveries and other (3) 1 2 1 — 4 Balance at March 31, 2016 $ 57 $ 18 $ 49 $ 2 $ 126 Provision — 1 7 — 8 Charge-offs (3 ) (2 ) (3 ) — (8 ) Recoveries and other (3) — 1 (2 ) — (1 ) Balance at June 30, 2016 $ 54 $ 18 $ 51 $ 2 $ 125 Finance receivables as of June 30, 2016 collectively evaluated for impairment (4) $ 2,149 $ 389 $ 1,424 $ 64 $ 4,026 __________________ (1) In the first quarter 2016, as a result of an internal reorganization, a U.S. leasing unit previously classified in Other was reclassified to the U.S. Prior year amounts have been revised to conform to current year presentation. (2) Includes developing market countries and smaller units. (3) 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. (4) Total Finance receivables exclude the allowance for credit losses of $108 and $125 at June 30, 2017 and 2016 , respectively.
Financing Receivable Credit Quality Indicators	Details about our finance receivables portfolio based on industry and credit quality indicators are as follows: June 30, 2017 December 31, 2016 Investment Grade Non-investment Grade Substandard Total Finance Receivables Investment Grade Non-investment Grade Substandard Total Finance Receivables Finance and other services $ 162 $ 341 $ 98 $ 601 $ 181 $ 342 $ 95 $ 618 Government and education 490 60 8 558 543 57 8 608 Graphic arts 116 115 95 326 138 102 107 347 Industrial 81 77 24 182 82 78 24 184 Healthcare 81 47 16 144 79 47 17 143 Other 69 95 53 217 82 103 53 238 Total United States 999 735 294 2,028 1,105 729 304 2,138 Finance and other services 53 43 21 117 54 43 15 112 Government and education 48 5 3 56 52 6 2 60 Graphic arts 36 33 30 99 39 37 24 100 Industrial 20 12 9 41 21 13 6 40 Other 32 26 12 70 33 25 8 66 Total Canada 189 119 75 383 199 124 55 378 France 191 231 50 472 181 222 51 454 U.K./Ireland (4) 96 155 11 262 95 148 10 253 Central (1) 187 145 18 350 182 148 19 349 Southern (2) 38 150 13 201 36 131 14 181 Nordics (3) 28 22 1 51 26 22 1 49 Total Europe 540 703 93 1,336 520 671 95 1,286 Other 37 23 4 64 35 15 2 52 Total $ 1,765 $ 1,580 $ 466 $ 3,811 $ 1,859 $ 1,539 $ 456 $ 3,854 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland. (4) The December 31, 2016 amounts have been revised to conform to 2017 presentation.
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: June 30, 2017 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 12 $ 1 $ 1 $ 14 $ 587 $ 601 $ 10 Government and education 14 — 3 17 541 558 19 Graphic arts 14 1 — 15 311 326 6 Industrial 4 — 1 5 177 182 5 Healthcare 4 — 1 5 139 144 5 Other 6 1 1 8 209 217 4 Total United States 54 3 7 64 1,964 2,028 49 Canada 3 — — 3 380 383 9 France 3 — — 3 469 472 14 U.K./Ireland 3 — — 3 259 262 — Central (1) 2 1 1 4 346 350 6 Southern (2) 6 1 1 8 193 201 6 Nordics (3) — — — — 51 51 — Total Europe 14 2 2 18 1,318 1,336 26 Other 3 — — 3 61 64 — Total $ 74 $ 5 $ 9 $ 88 $ 3,723 $ 3,811 $ 84 December 31, 2016 Current 31-90 Days Past Due >90 Days Past Due Total Billed Unbilled Total Finance Receivables >90 Days and Accruing Finance and other services $ 13 $ 3 $ 1 $ 17 $ 601 $ 618 $ 11 Government and education 10 4 3 17 591 608 25 Graphic arts 13 1 — 14 333 347 5 Industrial 4 1 1 6 178 184 5 Healthcare 3 1 1 5 138 143 5 Other 9 2 1 12 226 238 5 Total United States 52 12 7 71 2,067 2,138 56 Canada 3 — — 3 375 378 8 France 3 — — 3 451 454 20 U.K./Ireland 2 1 — 3 250 253 1 Central (1) 2 1 — 3 346 349 5 Southern (2) 5 1 1 7 174 181 6 Nordics (3) 1 — — 1 48 49 1 Total Europe 13 3 1 17 1,269 1,286 33 Other 3 — — 3 49 52 — Total $ 71 $ 15 $ 8 $ 94 $ 3,760 $ 3,854 $ 97 _____________________________ (1) Switzerland, Germany, Austria, Belgium and Holland. (2) Italy, Greece, Spain and Portugal. (3) Sweden, Norway, Denmark and Finland.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Inventories	The following is a summary of Inventories by major category: June 30, 2017 December 31, 2016 Finished goods $ 783 $ 713 Work-in-process 59 47 Raw materials 102 81 Total Inventories $ 944 $ 841

Investment in Affiliates, at 29

Investment in Affiliates, at Equity (Tables)	6 Months Ended
	Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity in net income of unconsolidated affiliates	Our Equity in net income of unconsolidated affiliates was as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Fuji Xerox $ 18 $ 23 $ 55 $ 53 Other investments 2 3 5 7 Total Equity in Net Income of Unconsolidated Affiliates $ 20 $ 26 $ 60 $ 60
Summarized Financial Information Of Equity Investment - Fuji Xerox	The summarized financial data below for Fuji Xerox has likewise been revised accordingly to reflect the impact of those adjustments: Three Months Ended Six Months Ended 2017 2016 2017 2016 Summary of Operations: Revenues $ 2,325 $ 2,450 $ 4,884 $ 5,092 Costs and expenses 2,191 2,316 4,543 4,772 Income before income taxes 134 134 341 320 Income tax expense 32 42 76 91 Net Income 102 92 265 229 Less: Net income – noncontrolling interests 1 2 2 4 Net Income – Fuji Xerox $ 101 $ 90 $ 263 $ 225 Weighted Average Exchange Rate (1) 111.01 108.05 112.42 111.93 _____________________________ (1) Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs (Tables)

Restructuring Programs (Tables)	6 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring Program Activity	Information related to restructuring program activity is outlined below: Severance and Related Costs Lease Cancellation and Other Costs Asset Impairments (2) Total Balance at December 31, 2016 $ 104 $ 23 $ — $ 127 Provision 110 2 — 112 Reversals (2 ) — — (2 ) Net current period charges (1) 108 2 — 110 Charges against reserve and currency (58 ) (1 ) — (59 ) Balance at March 31, 2017 $ 154 $ 24 $ — $ 178 Provision 50 1 — 51 Reversals (13 ) (5 ) — (18 ) Net current period charges (1) 37 (4 ) — 33 Charges against reserve and currency (43 ) (17 ) — (60 ) Balance at June 30, 2017 $ 148 $ 3 $ — $ 151 _____________________________ (1) Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown for restructuring and asset impairments charges. (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	The following table summarizes the reconciliation to the Condensed Consolidated Statements of Cash Flows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Charges against reserve and currency $ (60 ) $ (25 ) $ (119 ) $ (44 ) Asset impairments — — — — Effects of foreign currency and other non-cash items (7 ) 1 (8 ) (1 ) Restructuring Cash Payments $ (67 ) $ (24 ) $ (127 ) $ (45 )

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt Exchange	The following principal amounts of each series of old notes were validly tendered and subsequently cancelled: Maturity Date Coupon Principal Amount Exchanged 4.07% Senior Notes Due March 2022 Cash Consideration Senior Notes due May 15, 2018 6.350 % $ 260 $ 130 $ 143 Senior Notes due March 15, 2019 2.750 % 94 47 48 Senior Notes due December 15, 2019 5.625 % 96 48 56 Senior Notes due May 15, 2020 2.800 % 87 44 43 Senior Notes due August 20, 2020 3.500 % 38 19 20 Senior Notes due September 1, 2020 2.750 % 25 12 12 Total $ 600 $ 300 $ 322
Schedule Of Interest Expense And Interest Income	Interest expense and interest income were as follows: Three Months Ended Six Months Ended 2017 2016 2017 2016 Interest expense (1) $ 57 $ 74 $ 126 $ 161 Interest income (2) 76 84 154 168 ____________ (1) Includes Cost of financing as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income. (2) Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income.

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives	The following is a summary of our fair value hedges at June 30, 2017 : 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 $ 5 2.69 % 4.5 % Libor 2021
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 June 30, 2017 December 31, 2016 Derivatives Designated as Hedging Instruments Foreign exchange contracts - forwards Other current assets $ — $ 6 Other current liabilities (26 ) (26 ) Interest rate swaps Other long-term assets 5 4 Other long-term liabilities — — Net Designated Derivative Liability $ (21 ) $ (16 ) Derivatives NOT Designated as Hedging Instruments Foreign exchange contracts – forwards Other current assets $ 3 $ 82 Other current liabilities (33 ) (13 ) Net Undesignated Derivative (Liability) Asset $ (30 ) $ 69 Summary of Derivatives Total Derivative Assets $ 8 $ 92 Total Derivative Liabilities (59 ) (39 ) Net Derivative (Liability) Asset $ (51 ) $ 53
Derivative Instruments, Gain (Loss)	The following table provides a summary of gains (losses) on derivative instruments: Three Months Ended Six Months Ended Gain (Loss) on Derivative Instruments 2017 2016 2017 2016 Fair Value Hedges - Interest rate contracts Derivative gain recognized in interest expense $ 2 $ 2 $ 1 $ 11 Hedged item loss recognized in interest expense (2 ) (2 ) (1 ) (11 ) Cash Flow Hedges - Foreign exchange forward contracts and options Derivative (loss) gain recognized in OCI (effective portion) $ (22 ) $ 41 $ (13 ) $ 57 Derivative (loss) gain reclassified from AOCL to income - Cost of sales (effective portion) (4 ) 8 (8 ) 7
Summary of Derivatives Not Designated as Hedging Instruments Gains (Losses)	The following table provides a summary of (losses) gains on non-designated derivative instruments: Derivatives NOT Designated as Hedging Instruments Three Months Ended Six Months Ended Location of Derivative (Loss) Gain 2017 2016 2017 2016 Foreign exchange contracts – forwards Other expense – Currency (loss) gain, net $ (14 ) $ 78 $ (10 ) $ 149

Fair Value of Financial Asset33

Fair Value of Financial Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2017
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. June 30, 2017 December 31, 2016 Assets: Foreign exchange contracts - forwards $ 3 $ 88 Interest rate swaps 5 4 Deferred compensation investments in mutual funds 16 15 Total $ 24 $ 107 Liabilities: Foreign exchange contracts - forwards $ 59 $ 39 Deferred compensation plan liabilities 18 17 Total $ 77 $ 56
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 were as follows: June 30, 2017 December 31, 2016 Carrying Amount Fair Value Carrying Amount Fair Value Cash and cash equivalents $ 1,246 $ 1,246 $ 2,223 $ 2,223 Accounts receivable, net 1,037 1,037 961 961 Short-term debt 765 781 1,011 1,015 Long-term debt 4,236 4,407 5,305 5,438

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [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 June 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2017 2016 2017 2016 2017 2016 Service cost $ 1 $ 1 $ 8 $ 10 $ 1 $ 2 Interest cost 32 34 38 51 7 8 Expected return on plan assets (30 ) (35 ) (54 ) (67 ) — — Recognized net actuarial loss 6 7 19 17 — — Amortization of prior service credit (1 ) (1 ) (1 ) (1 ) (1 ) (1 ) Recognized settlement loss 19 17 — — — — Defined Benefit Plans 27 23 10 10 7 9 Defined contribution plans 7 8 7 7 n/a n/a Net Periodic Benefit Cost 34 31 17 17 7 9 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss): Net actuarial loss (gain) (1) 12 134 — — (11 ) (34 ) Amortization of prior service credit 1 1 1 1 1 1 Amortization of net actuarial loss (25 ) (24 ) (19 ) (17 ) — — Total Recognized in Other Comprehensive Income (Loss) (2) (12 ) 111 (18 ) (16 ) (10 ) (33 ) Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss) $ 22 $ 142 $ (1 ) $ 1 $ (3 ) $ (24 ) Six Months Ended June 30, Pension Benefits U.S. Plans Non-U.S. Plans Retiree Health Components of Net Periodic Benefit Costs: 2017 2016 2017 2016 2017 2016 Service cost $ 2 $ 2 $ 15 $ 16 $ 2 $ 3 Interest cost 66 71 77 101 14 16 Expected return on plan assets (61 ) (74 ) (107 ) (129 ) — — Recognized net actuarial loss 11 12 38 34 — 1 Amortization of prior service credit (1 ) (1 ) (2 ) (2 ) (2 ) (2 ) Recognized settlement loss 61 46 — — — — Defined Benefit Plans 78 56 21 20 14 18 Defined contribution plans 13 15 14 16 n/a n/a Net Periodic Benefit Cost 91 71 35 36 14 18 Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income: Net actuarial loss (gain) (1) 20 257 — — (11 ) (34 ) Amortization of prior service credit 1 1 2 2 2 2 Amortization of net actuarial loss (72 ) (58 ) (38 ) (34 ) — (1 ) Total Recognized in Other Comprehensive Income (2) (51 ) 200 (36 ) (32 ) (9 ) (33 ) Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income $ 40 $ 271 $ (1 ) $ 4 $ 5 $ (15 ) __________ (1) The net actuarial loss (gain) for U.S. Plans primarily reflects (i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements and (ii) adjustments for the actuarial valuation results based on January 1st plan census data. (2) Amounts represent the pre-tax effect included within Other comprehensive income (loss). Refer to Note 16 - Other Comprehensive Income (Loss) for related tax effects and the after-tax amounts.
Defined Benefit and Retiree Health Pension Plans, actual and expected cash contributions	The following table summarizes cash contributions to our defined benefit pension plans and retiree health benefit plans. Six Months Ended Year Ended December 31, 2017 2016 Estimated 2017 2016 U.S. Plans $ 12 $ 11 $ 174 $ 24 Non-U.S. Plans 34 57 176 154 Total Pension $ 46 $ 68 $ 350 $ 178 Retiree Health $ 32 $ 30 $ 63 $ 61 The estimated 2017 U.S. pension plan contributions of $174 include $150 for our domestic tax-qualified defined benefit plans, comprised of $15 to meet the minimum funding requirements and $135 of additional voluntary contributions.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	Common Stock Additional Paid-in Capital Retained Earnings AOCL (3) Xerox Shareholders’ Equity Non-controlling Interests Total Equity Balance at December 31, 2016 $ 254 $ 3,858 $ 4,934 $ (4,337 ) $ 4,709 $ 38 $ 4,747 Comprehensive income, net — — 206 327 533 7 540 Cash dividends declared - common (1) — — (129 ) — (129 ) — (129 ) Cash dividends declared - preferred (2) — — (7 ) — (7 ) — (7 ) Stock option and incentive plans, net — 17 — — 17 — 17 Distributions to noncontrolling interests — — — — — (10 ) (10 ) Balance at June 30, 2017 $ 254 $ 3,875 $ 5,004 $ (4,010 ) $ 5,123 $ 35 $ 5,158 Common Stock Additional Paid-in Capital Retained Earnings AOCL (3) Xerox Shareholders’ Equity Non- controlling Interests Total Equity Balance at December 31, 2015 $ 253 $ 3,777 $ 9,575 $ (4,630 ) $ 8,975 $ 43 $ 9,018 Comprehensive income, net — — 189 49 238 4 242 Cash dividends declared - common (1) — — (159 ) — (159 ) — (159 ) Cash dividends declared - preferred (2) — — (12 ) — (12 ) — (12 ) Stock option and incentive plans, net — 30 — — 30 — 30 Distributions to noncontrolling interests — — — — — (9 ) (9 ) Balance at June 30, 2016 $ 253 $ 3,807 $ 9,593 $ (4,581 ) $ 9,072 $ 38 $ 9,110 _____________________________ (1) Cash dividends declared on common stock of $0.25 per share in each quarter of 2017 and $0.31 per share in each quarter of 2016 . (2) Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2017 and 2016 . (3) Refer to Note 16 - Other Comprehensive Income (Loss) for components of AOCL.

Other Comprehensive Income (L36

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Other Comprehensive Income (Loss) [Abstract]
Schedule of Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) is comprised of the following: Three Months Ended Six Months Ended 2017 2016 2017 2016 Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Pre-tax Net of Tax Translation Adjustments Gains (Losses) $ 204 $ 204 $ (80 ) $ (82 ) $ 338 $ 337 $ 111 $ 107 Unrealized (Losses) Gains: Changes in fair value of cash flow hedges - (losses) gains (22 ) (17 ) 41 30 (13 ) (11 ) 57 39 Changes in cash flow hedges reclassed to earnings (1) 4 2 (8 ) (5 ) 8 4 (7 ) (5 ) Other gains (losses) 1 1 (1 ) (1 ) 1 1 (1 ) (1 ) Net Unrealized (Losses) Gains (17 ) (14 ) 32 24 (4 ) (6 ) 49 33 Defined Benefit Plans (Losses) Gains: Net actuarial losses (1 ) (1 ) (100 ) (62 ) (9 ) (6 ) (223 ) (138 ) Prior service amortization (2) (3 ) (2 ) (3 ) (2 ) (5 ) (3 ) (5 ) (3 ) Actuarial loss amortization/settlement (2) 44 30 41 28 110 74 93 63 Fuji Xerox changes in defined benefit plans, net (3) 8 8 (25 ) (25 ) 21 21 (100 ) (100 ) Other (losses) gains (4) (64 ) (64 ) 81 81 (89 ) (89 ) 86 86 Changes in Defined Benefit Plans (Losses) Gains (16 ) (29 ) (6 ) 20 28 (3 ) (149 ) (92 ) Other Comprehensive Income (Loss) 171 161 (54 ) (38 ) 362 328 11 48 Less: Other comprehensive (loss) income attributable to noncontrolling interests — — (1 ) (1 ) 1 1 (1 ) (1 ) Other Comprehensive Income (Loss) Attributable to Xerox $ 171 $ 161 $ (53 ) $ (37 ) $ 361 $ 327 $ 12 $ 49 _____________________________ (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: June 30, 2017 December 31, 2016 Cumulative translation adjustments $ (1,927 ) $ (2,263 ) Other unrealized losses, net (19 ) (13 ) Benefit plans net actuarial losses and prior service credits (1) (2,064 ) (2,061 ) Total Accumulated Other Comprehensive Loss Attributable to Xerox $ (4,010 ) $ (4,337 ) _____________________________ (1) Includes our share of Fuji Xerox.

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2017
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 Six Months Ended 2017 2016 2017 2016 Basic Earnings (Loss) per Share: Net income from continuing operations attributable to Xerox $ 166 $ 196 $ 212 $ 262 Accrued dividends on preferred stock (3 ) (6 ) (7 ) (12 ) Adjusted Net income from continuing operations available to common shareholders 163 190 205 250 Net loss from discontinued operations attributable to Xerox — (38 ) (6 ) (73 ) Adjusted Net income available to common shareholders $ 163 $ 152 $ 199 $ 177 Weighted average common shares outstanding 254,193 253,321 254,107 253,291 Basic Earnings (Loss) per Share: Continuing operations $ 0.64 $ 0.75 $ 0.81 $ 0.99 Discontinued operations — (0.15 ) (0.03 ) (0.29 ) Basic Earnings per Share $ 0.64 $ 0.60 $ 0.78 $ 0.70 Diluted Earnings (Loss) per Share: Net income from continuing operations attributable to Xerox $ 166 $ 196 $ 212 $ 262 Accrued dividends on preferred stock — (6 ) (7 ) (12 ) Adjusted Net income from continuing operations available to common shareholders 166 190 $ 205 $ 250 Net loss from discontinued operations attributable to Xerox — (38 ) (6 ) (73 ) Adjusted Net income available to common shareholders $ 166 $ 152 $ 199 $ 177 Weighted average common shares outstanding 254,193 253,321 254,107 253,291 Common shares issuable with respect to: Stock options — 205 — 209 Restricted stock and performance shares 2,275 1,979 2,190 1,789 Convertible preferred stock 6,742 — — — Adjusted Weighted average common shares outstanding 263,210 255,505 256,297 255,289 Diluted Earnings (Loss) per Share: Continuing operations $ 0.63 $ 0.75 $ 0.80 $ 0.98 Discontinued operations — (0.15 ) (0.02 ) (0.28 ) Diluted Earnings per Share $ 0.63 $ 0.60 $ 0.78 $ 0.70 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 — 486 — 483 Restricted stock and performance shares 2,375 3,977 2,460 4,167 Convertible preferred stock — 6,742 6,742 6,742 Total Anti-Dilutive Securities 2,375 11,205 9,202 11,392 Dividends per Common Share $ 0.25 $ 0.31 $ 0.50 $ 0.62

Basis of Presentation - Planned

Basis of Presentation - Planned Company Separation (Details)	Dec. 31, 2016
Conduent [Member]
Discontinued Operation, percentage of business divested	100.00%

Basis of Presentation - Segment

Basis of Presentation - Segment Change (Details)	6 Months Ended
	Jun. 30, 2017service_offering
Segment Change [Abstract]
Number of Reportable Segments	1

Basis of Presentation Reverse S

Basis of Presentation Reverse Stock Split (Details) $ in Millions	Jun. 14, 2017shares	Jun. 30, 2017USD ($)
Class of Stock [Line Items]
Stock Split, Conversion Ratio	0.25
Common Stock
Class of Stock [Line Items]
Common Stock Shares Authorized Prior to Reverse Split	1,750,000,000
Common Stock | Reverse Stock Split [Member]
Class of Stock [Line Items]
Common Stock, Shares Authorized	437,500,000
Common Stock Reclassed to Additional Paid-in Capital | $		$ 760

Correction of Fuji Xerox Miss41

Correction of Fuji Xerox Misstatement in Prior Period Financial Statements (Details) $ / shares in Units, $ in Millions, ¥ in Billions		Jan. 01, 2014USD ($)	Jun. 30, 2017USD ($)$ / shares		Mar. 31, 2017JPY (¥)	Mar. 31, 2017USD ($)$ / shares¥ / $		Dec. 31, 2016USD ($)$ / shares	Sep. 30, 2016USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares		Mar. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares	Sep. 30, 2015USD ($)$ / shares	Jun. 30, 2015USD ($)$ / shares	Mar. 31, 2015USD ($)$ / shares	Jun. 30, 2017JPY (¥)	Jun. 30, 2017USD ($)$ / shares		Jun. 30, 2016USD ($)$ / shares		Dec. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares
Impact of Revisions [Line Items]
Yen/U.S. Dollar Spot Exchange Rate | ¥ / $						111.89
Total Equity in Net Income of Unconsolidated Affiliates			$ 20			$ 40		$ 27	$ 40	$ 26		$ 34	$ 28	$ 40	$ 25	$ 16		$ 60		$ 60		$ 127	$ 109	$ 142
Income from Continuing Operations			170			48		188	178	199		68	257	206	206	171		218		267		633	840	1,034
Net income (Loss)			170			42		(840)	186	161		33	272	(31)	13	212		212		194		(460)	466	1,018
Net Income Attributable to Xerox			166			40		$ (843)	$ 183	158		$ 31	$ 267	$ (34)	$ 8	$ 207		206		189		(471)	448	995
Net income from continuing operations attributable to Xerox			$ 166			$ 46				$ 196								$ 212		$ 262		$ 622	$ 822	$ 1,011
Earnings per share from Continuing operations, Basic | $ / shares			$ 0.64			$ 0.17		$ 0.71	$ 0.66	$ 0.75	[1]	$ 0.24	$ 0.97	$ 0.75	$ 0.72	$ 0.58		$ 0.81		$ 0.99	[1]	$ 2.36	$ 3	$ 3.42
Basic Earnings (Loss) per Share | $ / shares			0.64			0.14		(3.35)	0.69	0.60	[1]	0.10	1.03	(0.16)	0.01	0.72		0.78		0.70	[1]	(1.95)	1.59	3.37
Earnings per share from continuing operations, Diluted | $ / shares			0.63			0.16		0.70	0.66	0.75	[1]	0.23	0.96	0.75	0.71	0.57		0.80		0.98	[1]	2.33	2.97	3.37
Diluted Earnings (Loss) per Share | $ / shares			$ 0.63			$ 0.14		$ (3.30)	$ 0.69	$ 0.60	[1]	$ 0.10	$ 1.02	$ (0.16)	$ 0.01	$ 0.71		$ 0.78		$ 0.70	[1]	$ (1.93)	$ 1.58	$ 3.32
Translation adjustments, net			$ 204	[2]		$ 133				$ (82)	[2]							$ 337	[2]	$ 107	[2]	$ (347)	$ (651)	$ (728)
Other Comprehensive Income (Loss), Net			161	[2]		167				(38)	[2]							328	[2]	48	[2]	(236)	(475)	(1,375)
Other Comprehensive Income (Loss), Net Attributable to Xerox			161			166				(37)								327		49		(233)	(474)	(1,374)
Comprehensive income (loss), net including portion attributable to noncontrolling interests			331			209				123								540		242		(696)	(9)	(357)
Comprehensive Income, Net Attributable to Xerox			327			206				121								533		238		(704)	(26)	(379)
Investments in affiliates, at equity			1,398			1,404		$ 1,294					$ 1,283					1,398				1,294	1,283
Total Assets			16,167			15,843		18,051					25,442					16,167				18,051	25,442
Retained earnings			5,004			4,906		4,934					9,575					5,004				4,934	9,575
Accumulated other comprehensive loss			(4,010)			(4,171)		(4,337)					(4,630)					(4,010)				(4,337)	(4,630)
Xerox shareholders’ equity			5,123			4,853		4,709					8,975					5,123				4,709	8,975
Total Equity			5,158			4,893		4,747		9,110			9,018					5,158		9,110		4,747	9,018
Total Liabilities and Equity			16,167			15,843		18,051					25,442					16,167				18,051	25,442
Undistributed equity in net income of unconsolidated affiliates			$ (10)			(40)				(5)								$ 30		29		(75)	(53)	(73)
Fuji Xerox
Impact of Revisions [Line Items]
Ownership percentage			25.00%															25.00%
Total Equity in Net Income of Unconsolidated Affiliates			$ 18							23								$ 55		$ 53
Adjustment [Member]
Impact of Revisions [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates						24	[3]	4	$ 1	4		$ (3)	(4)	$ 0	$ (4)	$ (18)						6	(26)	(18)
Income from Continuing Operations						24	[3]	4	1	4		(3)	(4)	0	(4)	(18)						6	(26)	(18)
Net income (Loss)						24	[3]	4	1	4		(3)	(4)	0	(4)	(18)						6	(26)	(18)
Net Income Attributable to Xerox						24	[3]	$ 4	$ 1	$ 4		$ (3)	$ (4)	$ 0	$ (4)	$ (18)						6	(26)	(18)
Net income from continuing operations attributable to Xerox						$ 24	[3]															$ 6	$ (26)	$ (18)
Earnings per share from Continuing operations, Basic | $ / shares						$ 0.10		$ 0.02	$ 0	$ 0.01		$ (0.01)	$ (0.02)	$ 0	$ (0.01)	$ (0.06)						$ 0.03	$ (0.10)	$ (0.06)
Basic Earnings (Loss) per Share | $ / shares						0.09		0.02	0	0.01		(0.01)	(0.02)	0	(0.01)	(0.07)						0.03	(0.10)	(0.06)
Earnings per share from continuing operations, Diluted | $ / shares						0.09		0.02	0.01	0.02		(0.01)	(0.02)	0	(0.01)	(0.06)						0.02	(0.09)	(0.06)
Diluted Earnings (Loss) per Share | $ / shares						$ 0.09		$ 0.02	$ 0.01	$ 0.02		$ (0.01)	$ (0.02)	$ 0	$ (0.01)	$ (0.07)						$ 0.03	$ (0.09)	$ (0.06)
Translation adjustments, net						$ (3)																$ (1)	$ 9	$ 6
Other Comprehensive Income (Loss), Net						(3)																(1)	9	6
Other Comprehensive Income (Loss), Net Attributable to Xerox						(3)																(1)	9	6
Comprehensive income (loss), net including portion attributable to noncontrolling interests						21																5	(17)	(12)
Comprehensive Income, Net Attributable to Xerox						21																5	(17)	(12)
Investments in affiliates, at equity						(73)		$ (94)					$ (99)									(94)	(99)
Total Assets						(73)		(94)					(99)									(94)	(99)
Retained earnings						(81)		(105)					(111)									(105)	(111)
Accumulated other comprehensive loss						8		11					12									11	12
Xerox shareholders’ equity						(73)		(94)					(99)									(94)	(99)
Total Equity						(73)		(94)					(99)									(94)	(99)
Total Liabilities and Equity						(73)		(94)					(99)									(94)	(99)
Undistributed equity in net income of unconsolidated affiliates						(24)																(6)	26	18
Adjustment [Member] | Fuji Xerox
Impact of Revisions [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax		$ 69
As Reported [Member]
Impact of Revisions [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates						16		23	$ 39	$ 22		$ 37	32	$ 40	$ 29	$ 34						121	135	160
Income from Continuing Operations						24		184	177	195		71	261	206	210	189						627	866	1,052
Net income (Loss)						18		(844)	185	157		36	276	(31)	17	230						(466)	492	1,036
Net Income Attributable to Xerox						16		$ (847)	$ 182	$ 154		$ 34	$ 271	$ (34)	$ 12	$ 225						(477)	474	1,013
Net income from continuing operations attributable to Xerox						$ 22																$ 616	$ 848	$ 1,029
Earnings per share from Continuing operations, Basic | $ / shares						$ 0.07		$ 0.69	$ 0.66	$ 0.74		$ 0.25	$ 0.99	$ 0.75	$ 0.73	$ 0.64						$ 2.33	$ 3.10	$ 3.48
Basic Earnings (Loss) per Share | $ / shares						0.05		(3.37)	0.69	0.59		0.11	1.05	(0.16)	0.02	0.79						(1.98)	1.69	3.43
Earnings per share from continuing operations, Diluted | $ / shares						0.07		0.68	0.65	0.73		0.24	0.98	0.75	0.72	0.63						2.31	3.06	3.43
Diluted Earnings (Loss) per Share | $ / shares						$ 0.05		$ (3.32)	$ 0.68	$ 0.58		$ 0.11	$ 1.04	$ (0.16)	$ 0.02	$ 0.78						$ (1.96)	$ 1.67	$ 3.38
Translation adjustments, net						$ 136																$ (346)	$ (660)	$ (734)
Other Comprehensive Income (Loss), Net						170																(235)	(484)	(1,381)
Other Comprehensive Income (Loss), Net Attributable to Xerox						169																(232)	(483)	(1,380)
Comprehensive income (loss), net including portion attributable to noncontrolling interests						188																(701)	8	(345)
Comprehensive Income, Net Attributable to Xerox						185																(709)	(9)	(367)
Investments in affiliates, at equity						1,477		$ 1,388					$ 1,382									1,388	1,382
Total Assets						15,916		18,145					25,541									18,145	25,541
Retained earnings						4,987		5,039					9,686									5,039	9,686
Accumulated other comprehensive loss						(4,179)		(4,348)					(4,642)									(4,348)	(4,642)
Xerox shareholders’ equity						4,926		4,803					9,074									4,803	9,074
Total Equity						4,966		4,841					9,117									4,841	9,117
Total Liabilities and Equity						15,916		$ 18,145					$ 25,541									18,145	25,541
Undistributed equity in net income of unconsolidated affiliates						(16)																$ (69)	$ (79)	$ (91)
Parent Company - Fujifilm Holdings Corporation[Member] | Adjustment [Member] | Fuji Xerox
Impact of Revisions [Line Items]
Out-of-Period Adjustment - Fuji Xerox																	¥ 40	360
Parent Company - Fujifilm Holdings Corporation[Member] | Original Estimated Adjustment [Member] | Fuji Xerox
Impact of Revisions [Line Items]
Out-of-Period Adjustment - Fuji Xerox					¥ 22	200
Non Parent Equity Investment Owner - Xerox Corporation[Member] | Adjustment [Member] | Fuji Xerox
Impact of Revisions [Line Items]
Out-of-Period Adjustment - Fuji Xerox	[4]																	$ 90
Non Parent Equity Investment Owner - Xerox Corporation[Member] | Original Estimated Adjustment [Member] | Fuji Xerox
Impact of Revisions [Line Items]
Out-of-Period Adjustment - Fuji Xerox	[3]					$ 30
[1]	Reflects our one-for-four reverse stock split that became effective on June 14, 2017. Refer to Note 1 - Basis of Presentation for further information.
[2]	Refer to Note 16 - Other Comprehensive Income (Loss) for gross components of Other Comprehensive Income (Loss), reclassification adjustments out of Accumulated Other Comprehensive Loss and related tax effects.
[3]	The difference between the $30 out-of-period adjustment recorded in the first quarter 2017 and the revision adjustment of $24 in the revision table for the three months ended March 31, 2017 primarily relates to the additional adjustments subsequently identified as part of the IIC review as described above.
[4]	The difference between the aggregate revision to retained earnings and the $90 impact at March 31, 2017 is primarily due to currency and the impact of adjustments recorded directly by Xerox in the first quarter 2017.

Recent Accounting Pronounceme42

Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
ASU 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Leases, Future Minimum Payments Due			$ 450
ASU 2016-15 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Collections on Beneficial Interests Received in sales of Accounts Receivable and Finance Receivables			270	$ 305
ASU 2016-18 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted Cash and Cash Equivalents	$ 131	$ 131	$ 179
ASU 2016-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Employee Service Share-based Compensation, Tax Benefit from Exercise of Stock Options	$ 0	$ 2

Acquisitions (Details)

Acquisitions (Details) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2017USD ($)	Mar. 31, 2017business	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired | $	$ 65		$ 0	$ 76	$ 18
Multi-Brand Business Acquisitions [Member]
Business Acquisition [Line Items]
Number of Businesses Acquired | business		1

Divestitures (Details)

Divestitures (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Mar. 04, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Separation costs		$ 0		$ 28	$ 8	$ 36
Total Costs and Expenses		2,374		2,602	4,844	5,185
Loss from discontinued operations, net of tax		0		(38)	(6)	(73)
Interest expense	[1]	57		74	126	161
Proceeds from Conduent		0		0	161	0
Conduent [Domain]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues		0		1,597	0	3,268
Cost of services		0		1,343	0	2,752
Other expenses(1)	[2]	0		300	8	611
Total Costs and Expenses		0		1,643	8	3,363
Net loss before income taxes		0		(46)	(8)	(95)
Income tax benefit		0		8	2	22
Loss from discontinued operations, net of tax		$ 0		(38)	$ (6)	(73)
Interest expense				$ 6		$ 7
Proceeds from Conduent			$ 161
Conduent Cash Balance at Separation							$ 225
Senior Debt Obligations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Unsecured Debt								$ 1,000
[1]	Includes Cost of financing as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income.
[2]	The three and six months ended June 30, 2016 include $6 and $7, respectively, of interest on the $1.0 billion Senior Unsecured Term Facility, which was required to be repaid upon completion of the Separation and therefore was reported in the Loss from discontinued operations.

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Net		$ 1,037		$ 1,037		$ 961
Accounts Receivable Sales Arrangements [Abstract]
Uncollected accounts receivable sold and derecognized		548		548		531
Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Invoiced		713		713		651
Accrued		380		380		374
Allowance for doubtful accounts		(56)		(56)		(64)
Accounts receivable sales		567	$ 582	1,078	$ 1,174
Deferred proceeds		56	59	108	130
Loss on sales of accounts receivable		3	4	6	8
Estimated increase (decrease) to operating cash flows(1)	[1]	54	$ (11)	(11)	$ 15
Other Current Assets [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred purchase price receivable		$ 57		$ 57		$ 48
[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 (Detai

Finance Receivables, Net (Details) - USD ($) $ in Millions		3 Months Ended
		Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		$ 111	$ 110	$ 126	$ 118	[1]
Provision		6	9	8	10
Charge-offs		(14)	(10)	(8)	(6)
Recoveries and other	[2]	5	2	(1)	4
Ending Balance		108	111	125	126
Financing Receivable, Collectively Evaluated for Impairment	[3]	3,811		4,026
Allowance for credit losses not included in the impairment evaluation		108		125
United States
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		53	55	57	54	[1]
Provision		4	4	0	4
Charge-offs		(10)	(6)	(3)	(2)
Recoveries and other	[2]	1	0	0	1
Ending Balance		48	53	54	57
Financing Receivable, Collectively Evaluated for Impairment	[3]	2,028		2,149
Canada
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		16	16	18	17	[1]
Provision		1	0	1	1
Charge-offs		(1)	(2)	(2)	(2)
Recoveries and other	[2]	0	2	1	2
Ending Balance		16	16	18	18
Financing Receivable, Collectively Evaluated for Impairment	[3]	383		389
Europe
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance		40	37	49	45	[1]
Provision		1	5	7	5
Charge-offs		(3)	(2)	(3)	(2)
Recoveries and other	[2]	4	0	(2)	1
Ending Balance		42	40	51	49
Financing Receivable, Collectively Evaluated for Impairment	[3]	1,336		1,424
Other
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	[4]	2	2	2	2	[1]
Provision	[4]	0	0	0	0
Charge-offs	[4]	0	0	0	0
Recoveries and other	[2],[4]	0	0	0	0
Ending Balance	[4]	2	$ 2	2	$ 2
Financing Receivable, Collectively Evaluated for Impairment	[3],[4]	$ 64		$ 64
[1]	In the first quarter 2016, as a result of an internal reorganization, a U.S. leasing unit previously classified in Other was reclassified to the U.S. Prior year amounts have been revised to conform to current year presentation.
[2]	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.
[3]	Total Finance receivables exclude the allowance for credit losses of $108 and $125 at June 30, 2017 and 2016, respectively.
[4]	Includes developing market countries and smaller units.

Finance Receivables, Net - Cred

Finance Receivables, Net - Credit Quality Indicators (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
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		$ 3,811	$ 3,854
United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		2,028	2,138
United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		601	618
United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		558	608
United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		326	347
United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		182	184
United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		144	143
United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		217	238
Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		383	378
Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		117	112
Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		56	60
Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		99	100
Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		41	40
Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		70	66
Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,336	1,286
France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		472	454
U.K./Ireland(4)
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		262	253	[1]
Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	350	349
Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	201	181
Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[4]	51	49
Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		64	52
Investment Grade
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,765	1,859
Investment Grade | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		999	1,105
Investment Grade | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		162	181
Investment Grade | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		490	543
Investment Grade | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		116	138
Investment Grade | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		81	82
Investment Grade | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		81	79
Investment Grade | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		69	82
Investment Grade | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		189	199
Investment Grade | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		53	54
Investment Grade | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		48	52
Investment Grade | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		36	39
Investment Grade | Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		20	21
Investment Grade | Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		32	33
Investment Grade | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		540	520
Investment Grade | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		191	181
Investment Grade | U.K./Ireland(4)
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		96	95	[1]
Investment Grade | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	187	182
Investment Grade | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	38	36
Investment Grade | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[4]	28	26
Investment Grade | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		37	35
Non-investment Grade
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		1,580	1,539
Non-investment Grade | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		735	729
Non-investment Grade | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		341	342
Non-investment Grade | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		60	57
Non-investment Grade | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		115	102
Non-investment Grade | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		77	78
Non-investment Grade | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		47	47
Non-investment Grade | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		95	103
Non-investment Grade | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		119	124
Non-investment Grade | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		43	43
Non-investment Grade | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		5	6
Non-investment Grade | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		33	37
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		26	25
Non-investment Grade | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		703	671
Non-investment Grade | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		231	222
Non-investment Grade | U.K./Ireland(4)
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		155	148	[1]
Non-investment Grade | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	145	148
Non-investment Grade | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	150	131
Non-investment Grade | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[4]	22	22
Non-investment Grade | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		23	15
Substandard
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		466	456
Substandard | United States
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		294	304
Substandard | United States | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		98	95
Substandard | United States | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		8	8
Substandard | United States | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		95	107
Substandard | United States | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		24	24
Substandard | United States | Healthcare
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		16	17
Substandard | United States | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		53	53
Substandard | Canada
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		75	55
Substandard | Canada | Finance and other services
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		21	15
Substandard | Canada | Government and education
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		3	2
Substandard | Canada | Graphic arts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		30	24
Substandard | Canada | Industrial
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		9	6
Substandard | Canada | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		12	8
Substandard | Europe
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		93	95
Substandard | France
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		50	51
Substandard | U.K./Ireland(4)
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		11	10	[1]
Substandard | Central
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[2]	18	19
Substandard | Southern
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[3]	13	14
Substandard | Nordics
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[4]	1	1
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		$ 4	$ 2
[1]	The December 31, 2016 amounts have been revised to conform to 2017 presentation.
[2]	Switzerland, Germany, Austria, Belgium and Holland.
[3]	Italy, Greece, Spain and Portugal.
[4]	Sweden, Norway, Denmark and Finland.

Finance Receivables, Net - Agin

Finance Receivables, Net - Aging (Details) - USD ($) $ in Millions		Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		$ 3,811	$ 3,854
Total Finance Receivables		3,811	3,854
Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		88	94
Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		3,723	3,760
United States
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		2,028	2,138
Total Finance Receivables		2,028	2,138
United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		64	71
United States | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		1,964	2,067
United States | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		601	618
Total Finance Receivables		601	618
United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		14	17
United States | Finance and other services | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		587	601
United States | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		558	608
Total Finance Receivables		558	608
United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		17	17
United States | Government and education | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		541	591
United States | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		326	347
Total Finance Receivables		326	347
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		311	333
United States | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		182	184
Total Finance Receivables		182	184
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		177	178
United States | Healthcare
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		144	143
Total Finance Receivables		144	143
United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		5	5
United States | Healthcare | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		139	138
United States | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		217	238
Total Finance Receivables		217	238
United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		8	12
United States | Other | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		209	226
Canada
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		383	378
Total Finance Receivables		383	378
Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		3	3
Canada | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		380	375
Canada | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		117	112
Canada | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		56	60
Canada | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		99	100
Canada | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		41	40
Canada | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		70	66
Europe
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1,336	1,286
Total Finance Receivables		1,336	1,286
Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		18	17
Europe | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		1,318	1,269
France
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		472	454
Total Finance Receivables		472	454
France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		3	3
France | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		469	451
U.K./Ireland(4)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		262	253	[1]
Total Finance Receivables		262	253
U.K./Ireland(4) | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		3	3
U.K./Ireland(4) | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		259	250
Central
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[2]	350	349
Total Finance Receivables	[3]	350	349
Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[3]	4	3
Central | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[3]	346	346
Southern
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[4]	201	181
Total Finance Receivables	[4]	201	181
Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[4]	8	7
Southern | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[4]	193	174
Nordics
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[5]	51	49
Total Finance Receivables	[5]	51	49
Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed	[5]	0	1
Nordics | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled	[5]	51	48
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		64	52
Total Finance Receivables		64	52
Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Billed		3	3
Other | Unbilled Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unbilled		61	49
Current | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		74	71
Current | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		54	52
Current | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		12	13
Current | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		14	10
Current | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		14	13
Current | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		4	4
Current | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		4	3
Current | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		6	9
Current | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	3
Current | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		14	13
Current | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	3
Current | U.K./Ireland(4) | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	2
Current | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[3]	2	2
Current | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[4]	6	5
Current | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[5]	0	1
Current | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	3
31-90 Days Past Due | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		5	15
31-90 Days Past Due | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	12
31-90 Days Past Due | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	3
31-90 Days Past Due | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	4
31-90 Days Past Due | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	1
31-90 Days Past Due | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	1
31-90 Days Past Due | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	1
31-90 Days Past Due | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	2
31-90 Days Past Due | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
31-90 Days Past Due | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		2	3
31-90 Days Past Due | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
31-90 Days Past Due | U.K./Ireland(4) | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	1
31-90 Days Past Due | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[3]	1	1
31-90 Days Past Due | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[4]	1	1
31-90 Days Past Due | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[5]	0	0
31-90 Days Past Due | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days Past Due | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		9	8
90 Days Past Due | United States | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		7	7
90 Days Past Due | United States | Finance and other services | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	1
90 Days Past Due | United States | Government and education | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		3	3
90 Days Past Due | United States | Graphic arts | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days Past Due | United States | Industrial | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	1
90 Days Past Due | United States | Healthcare | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	1
90 Days Past Due | United States | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		1	1
90 Days Past Due | Canada | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days Past Due | Europe | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		2	1
90 Days Past Due | France | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days Past Due | U.K./Ireland(4) | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days Past Due | Central | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[3]	1	0
90 Days Past Due | Southern | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[4]	1	1
90 Days Past Due | Nordics | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[5]	0	0
90 Days Past Due | Other | Billed Revenues
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	0
90 Days and Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		84	97
90 Days and Accruing | United States
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		49	56
90 Days and Accruing | United States | Finance and other services
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		10	11
90 Days and Accruing | United States | Government and education
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		19	25
90 Days and Accruing | United States | Graphic arts
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		6	5
90 Days and Accruing | United States | Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		5	5
90 Days and Accruing | United States | Healthcare
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		5	5
90 Days and Accruing | United States | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		4	5
90 Days and Accruing | Canada
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		9	8
90 Days and Accruing | Europe
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		26	33
90 Days and Accruing | France
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		14	20
90 Days and Accruing | U.K./Ireland(4)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		0	1
90 Days and Accruing | Central
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[3]	6	5
90 Days and Accruing | Southern
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[4]	6	6
90 Days and Accruing | Nordics
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net	[5]	0	1
90 Days and Accruing | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Net		$ 0	$ 0
[1]	The December 31, 2016 amounts have been revised to conform to 2017 presentation.
[2]	Switzerland, Germany, Austria, Belgium and Holland.
[3]	Switzerland, Germany, Austria, Belgium and Holland.
[4]	Italy, Greece, Spain and Portugal.
[5]	Sweden, Norway, Denmark and Finland.

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Inventories, net [Abstract]
Finished goods	$ 783	$ 713
Work-in-process	59	47
Raw materials	102	81
Total Inventories	$ 944	$ 841

Investment in Affiliates, at 50

Investment in Affiliates, at Equity (Details) $ in Millions		3 Months Ended										6 Months Ended		12 Months Ended
		Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 20	$ 40	$ 27	$ 40	$ 26	$ 34	$ 28	$ 40	$ 25	$ 16	$ 60	$ 60	$ 127	$ 109	$ 142
Fuji Xerox
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 18				23						$ 55	53
Ownership percentage		25.00%										25.00%
Summary of Operations:
Revenues		$ 2,325				2,450						$ 4,884	5,092
Costs and expenses		2,191				2,316						4,543	4,772
Income before income taxes		134				134						341	320
Income tax expense		32				42						76	91
Net Income		102				92						265	229
Less: Net income – noncontrolling interests		1				2						2	4
Net Income – Fuji Xerox		$ 101				$ 90						$ 263	$ 225
Weighted Average Exchange Rate	[1]	111.01				108.05						112.42	111.93
Other investments
Schedule of Equity Method Investments [Line Items]
Total Equity in Net Income of Unconsolidated Affiliates		$ 2				$ 3						$ 5	$ 7
[1]	Represents Yen/U.S. Dollar exchange rate used to translate.

Restructuring Programs (Details

Restructuring Programs (Details) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)Employees	Jun. 30, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring, Net Current Period Charges	[1]	$ 33	$ 110		$ 143
Restructuring and Related Cost, Expected Number of Positions Eliminated (approximately) | Employees					1,500
Three-Year Strategic Transformation Program - Professional Support Services					$ 17
Reversals		(18)	(2)		(20)
Restructuring Charges		51	112
Restructuring Reserve [Roll Forward]
Balance at beginning of period		178	127		127
Provision		51	112
Reversals		(18)	(2)		(20)
Net Current Period Charges	[1]	33	110		143
Charges against reserve and currency		(60)	(59)	$ (25)	(119)	$ (44)
Balance at end of period		151	178		151
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve and currency		(60)	(59)	(25)	(119)	(44)
Asset impairments		0		0	0	0
Effects of foreign currency and other non-cash items		(7)		1	(8)	(1)
Restructuring Cash Payments		(67)		$ (24)	(127)	$ (45)
Severance and Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, Net Current Period Charges	[1]	37	108
Reversals		(13)	(2)
Restructuring Charges		50	110		160
Restructuring Reserve [Roll Forward]
Balance at beginning of period		154	104		104
Provision		50	110		160
Reversals		(13)	(2)
Net Current Period Charges	[1]	37	108
Charges against reserve and currency		(43)	(58)
Balance at end of period		148	154		148
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve and currency		(43)	(58)
Lease Cancellation and Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, Net Current Period Charges	[1]	(4)	2
Reversals		(5)	0
Restructuring Charges		1	2		3
Restructuring Reserve [Roll Forward]
Balance at beginning of period		24	23		23
Provision		1	2		3
Reversals		(5)	0
Net Current Period Charges	[1]	(4)	2
Charges against reserve and currency		(17)	(1)
Balance at end of period		3	24		3
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve and currency		(17)	(1)
Asset Impairments [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, Net Current Period Charges	[1],[2]	0	0
Reversals	[2]	0	0
Restructuring Charges	[2]	0	0
Restructuring Reserve [Roll Forward]
Balance at beginning of period	[2]	0	0		0
Provision	[2]	0	0
Reversals	[2]	0	0
Net Current Period Charges	[1],[2]	0	0
Charges against reserve and currency	[2]	0	0
Balance at end of period	[2]	0	0		$ 0
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Charges against reserve and currency	[2]	$ 0	$ 0
[1]	Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown for restructuring and asset impairments charges
[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 - Exchange (Details)

Debt - Exchange (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Debt Conversion [Line Items]
Principal Amount Exchanged	$ 600
4.07% Senior Notes Due March 2022	300
Cash Consideration	$ 322
Debt Exchange, New Senior Notes Coupon	4.07%
Debt Exchange, Conversion Premium	$ 22
Debt Exchange, New Senior Notes, Maturity Date	March 2,022
Loss on Extinguishment of Debt Exchanged for Cash	$ 9
Debt Exchange, Exchange Premium and Other Carrying Value Adjustments on Old Notes	9
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction	$ 4
4.07% Senior Notes due March 17, 2022 [Member]
Debt Conversion [Line Items]
Debt Conversion, Converted Instrument, Issuance Date, Month and Year	March 2,017
4.07% Senior Notes Due March 2022	$ 300
Senior Notes due May 2018 [Member]
Debt Conversion [Line Items]
Coupon	6.35%
Principal Amount Exchanged	$ 260
4.07% Senior Notes Due March 2022	130
Cash Consideration	$ 143
Senior Notes due March 2019 [Member]
Debt Conversion [Line Items]
Coupon	2.75%
Principal Amount Exchanged	$ 94
4.07% Senior Notes Due March 2022	47
Cash Consideration	$ 48
Senior Notes due December 2019 [Member]
Debt Conversion [Line Items]
Coupon	5.625%
Principal Amount Exchanged	$ 96
4.07% Senior Notes Due March 2022	48
Cash Consideration	$ 56
Senior Notes due May 2020 [Member]
Debt Conversion [Line Items]
Coupon	2.80%
Principal Amount Exchanged	$ 87
4.07% Senior Notes Due March 2022	44
Cash Consideration	$ 43
Senior Notes due August 2020 [Member]
Debt Conversion [Line Items]
Coupon	3.50%
Principal Amount Exchanged	$ 38
4.07% Senior Notes Due March 2022	19
Cash Consideration	$ 20
Senior Notes due September 2020 [Member]
Debt Conversion [Line Items]
Coupon	2.75%
Principal Amount Exchanged	$ 25
4.07% Senior Notes Due March 2022	12
Cash Consideration	$ 12

Debt - Debt Issuances (Details)

Debt - Debt Issuances (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Mar. 15, 2017	Feb. 01, 2017	Mar. 04, 2016
Debt Instrument [Line Items]
Cash Distribution, Conduent to Xerox - prior to distribution date	$ 1,800
Senior Notes due 2017 6.75% [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 500
Debt Instrument, Interest Rate, Stated Percentage			6.75%
Senior Notes due 2017 2.95% [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 500
Debt Instrument, Interest Rate, Stated Percentage		2.95%
Senior Debt Obligations [Member]
Debt Instrument [Line Items]
Unsecured Debt				$ 1,000
Conduent cash paid to Xerox, for Xerox debt repayment [Member]
Debt Instrument [Line Items]
Cash Distribution, Conduent to Xerox - prior to distribution date	$ 1,000

Debt - Interest Income and Expe

Debt - Interest Income and Expense (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Debt Disclosure [Abstract]
Interest expense	[1]	$ 57	$ 74	$ 126	$ 161
Interest income	[2]	$ 76	$ 84	$ 154	$ 168
[1]	Includes Cost of financing as well as non-financing interest expense that is included in Other expenses, net in the Condensed Consolidated Statements of Income.
[2]	Includes Finance income as well as other interest income that is included in Other expenses, net in the Condensed Consolidated Statements of Income.

Financial Instruments - Fair Va

Financial Instruments - Fair Value Hedges (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Derivative [Line Items]
Derivative, Notional Amount	$ 2,665	$ 3,149
Senior Notes Due 2021 [Member]
Derivative [Line Items]
Notional Amount	300
Derivative Asset, Fair Value, Gross Asset	$ 5
Weighted Average Interest Rate Paid	2.69%
Interest Rate Received	4.50%
Euro U K Pound Sterling [Member]
Derivative [Line Items]
Change in Notional Value	$ (580)

Financial Instruments - Summary

Financial Instruments - Summary of Derivative Instruments Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	$ (51)	$ 53
Assets [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	8	92
Liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	(59)	(39)
Senior Notes Due 2021 [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	5
Derivatives Designated as Hedging Instruments [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	(26)	(20)
Derivatives Designated as Hedging Instruments [Member] | Liabilities [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	(21)	(16)
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	0	6
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	(26)	(26)
Derivatives Designated as Hedging Instruments [Member] | Interest Rate Swap [Member] | Other long-term assets
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Assets	5	4
Derivatives Designated as Hedging Instruments [Member] | Interest Rate Swap [Member] | Other long-term liabilities
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Total Derivative Liabilities	0	0
Not Designated as Hedging Instrument [Member] | Foreign exchange contracts - forwards [Member]
Summary Of Derivative Instruments By Hedge Designation [Abstract]
Net Derivative Asset (Liability)	(30)	69
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	3	82
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	$ (33)	$ (13)

Financial Instruments - Summa57

Financial Instruments - Summary of Derivative Instruments Gain (Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Summary of Derivative Instruments Gains (Losses) [Abstract]
Net losses recorded in AOCL expected to be reclassified to net income in the future			$ 19
Foreign Currency Transaction Loss, before Tax	$ (1)	$ 1	(4)	$ (3)
Cash Flow Hedging [Member] | Foreign Exchange Forward [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative (loss) gain recognized in OCI (effective portion)	(22)	41	(13)	57
Interest Expense [Member] | Fair Value Hedging [Member] | Interest Rate Contract [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative gain recognized in interest expense	2	2	1	11
Hedged item loss recognized in interest expense	(2)	(2)	(1)	(11)
Cost of Sales [Member] | Cash Flow Hedging [Member] | Foreign Exchange Forward [Member]
Summary of Derivative Instruments Gains (Losses) [Abstract]
Derivative (loss) gain reclassified from AOCL to income - Cost of sales (effective portion)	(4)	8	(8)	7
Derivative loss reclassified from AOCL to income - Cost of Sales (ineffective)	0	0	0	0
Underlying, Derivative	0	0	0	0
Foreign Currency Gain (Loss) [Member] | Foreign Exchange Forward [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	$ (14)	$ 78	$ (10)	$ 149

Fair Value of Financial Asset58

Fair Value of Financial Assets and Liabilities - Recurring (Details) - Fair Value, Measurements, Recurring [Member] - Significant Other Observable Inputs (Level 2) [Member] - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Assets:
Interest rate swaps	$ 5	$ 4
Deferred compensation investments in mutual funds	16	15
Total	24	107
Liabilities:
Deferred compensation plan liabilities	18	17
Total	77	56
Foreign Exchange Forward [Member]
Assets:
Foreign exchange contracts	3	88
Liabilities:
Foreign exchange contracts	$ 59	$ 39

Fair Value of Financial Asset59

Fair Value of Financial Assets and Liabilities - Nonrecurring (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 1,246	$ 2,223
Accounts receivable, net	1,037	961
Short-term debt	765	1,011
Long-term debt	4,236	5,305
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	1,246	2,223
Accounts receivable, net	1,037	961
Short-term debt	781	1,015
Long-term debt	$ 4,407	$ 5,438

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2017
Components of Net Periodic Benefit Costs:
Defined Benefit Plans		$ 37	$ 33	$ 99	$ 76
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)		(1)	(100)	(9)	(223)
Amortization of prior service credit	[1]	(3)	(3)	(5)	(5)
Amortization of net actuarial loss	[1]	44	41	110	93
Pension Plan [Member]
Contributions [Abstract]
Defined Benefit Plan, Plan Assets, Contributions by Employer				46	68	$ 178
Pension Plan [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year							$ 350
Pension Plan [Member] | Domestic Plan [Member]
Components of Net Periodic Benefit Costs:
Service cost		1	1	2	2
Interest cost		32	34	66	71
Expected return on plan assets		(30)	(35)	(61)	(74)
Recognized net actuarial loss		6	7	11	12
Amortization of prior service credit		(1)	(1)	(1)	(1)
Recognized settlement loss		19	17	61	46
Defined Benefit Plans		27	23	78	56
Defined contribution plans		7	8	13	15
Net Periodic Benefit Cost		34	31	91	71
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)	[2]	12	134	20	257
Amortization of prior service credit		1	1	1	1
Amortization of net actuarial loss		(25)	(24)	(72)	(58)
Total Recognized in Other Comprehensive Income (Loss)(2)	[3]	(12)	111	(51)	200
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss)		22	142	40	271
Contributions [Abstract]
Defined Benefit Plan, Plan Assets, Contributions by Employer				12	11	24
Pension Plan [Member] | Domestic Plan [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year							174
Pension Plan [Member] | Domestic Plan [Member] | Qualified Plan [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year							150
Pension Plan [Member] | Domestic Plan [Member] | Minimum Funding Requirement [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year							15
Pension Plan [Member] | Domestic Plan [Member] | Voluntary Contributions [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year							135
Pension Plan [Member] | Foreign Plan [Member]
Components of Net Periodic Benefit Costs:
Service cost		8	10	15	16
Interest cost		38	51	77	101
Expected return on plan assets		(54)	(67)	(107)	(129)
Recognized net actuarial loss		19	17	38	34
Amortization of prior service credit		(1)	(1)	(2)	(2)
Recognized settlement loss		0	0	0	0
Defined Benefit Plans		10	10	21	20
Defined contribution plans		7	7	14	16
Net Periodic Benefit Cost		17	17	35	36
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)	[2]	0	0	0	0
Amortization of prior service credit		1	1	2	2
Amortization of net actuarial loss		(19)	(17)	(38)	(34)
Total Recognized in Other Comprehensive Income (Loss)(2)	[3]	(18)	(16)	(36)	(32)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss)		(1)	1	(1)	4
Contributions [Abstract]
Defined Benefit Plan, Plan Assets, Contributions by Employer				34	57	154
Pension Plan [Member] | Foreign Plan [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year							176
Retiree Health [Member]
Components of Net Periodic Benefit Costs:
Service cost		1	2	2	3
Interest cost		7	8	14	16
Expected return on plan assets		0	0	0	0
Recognized net actuarial loss		0	0	0	1
Amortization of prior service credit		(1)	(1)	(2)	(2)
Recognized settlement loss		0	0	0	0
Defined Benefit Plans		7	9	14	18
Net Periodic Benefit Cost		7	9	14	18
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)	[2]	(11)	(34)	(11)	(34)
Amortization of prior service credit		1	1	2	2
Amortization of net actuarial loss		0	0	0	(1)
Total Recognized in Other Comprehensive Income (Loss)(2)	[3]	(10)	(33)	(9)	(33)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss)		$ (3)	$ (24)	5	(15)
Contributions [Abstract]
Defined Benefit Plan, Plan Assets, Contributions by Employer				$ 32	$ 30	$ 61
Retiree Health [Member] | Forecast
Contributions [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year							$ 63
[1]	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14 - Employee Benefit Plans for additional information.
[2]	The net actuarial loss (gain) for U.S. Plans primarily reflects (i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements and (ii) adjustments for the actuarial valuation results based on January 1st plan census data.
[3]	Amounts represent the pre-tax effect included within Other comprehensive income (loss). Refer to Note 16 - Other Comprehensive Income (Loss) for related tax effects and the after-tax amounts.

Shareholders' Equity (Details)

Shareholders' Equity (Details) $ / shares in Units, $ in Millions		Jun. 14, 2017	Jun. 30, 2017USD ($)$ / sharesshares	Mar. 31, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / shares	Mar. 31, 2016USD ($)$ / shares	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Stock Split, Conversion Ratio		0.25
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance			$ 4,853	$ 4,709		$ 8,975	$ 4,709	$ 8,975	$ 8,975
Noncontrolling Interests, Beginning Balance				38			38
Total Equity, Beginning Balance			4,893	4,747		$ 9,018	4,747	9,018	9,018
Comprehensive income, net attributable to Xerox			327	206	$ 121		533	238	(704)	$ (26)	$ (379)
Comprehensive income, net attributable to noncontrolling interests			4		2		7	4
Comprehensive Income, Net			331	209	123		540	242	(696)	(9)	$ (357)
Cash dividends declared - common	[1]						(129)	(159)
Cash dividends declared - preferred	[2]						(7)	(12)
Stock option and incentive plans, net							17	30
Distributions to noncontrolling interests							(10)	(9)
Xerox Shareholder's Equity, Ending Balance			5,123	4,853			5,123		4,709	8,975
Noncontrolling Interests, Ending Balance			35				35		38
Total Equity, Ending Balance			$ 5,158	$ 4,893	$ 9,110		$ 5,158	$ 9,110	4,747	9,018
Dividends per common share (in dollars per share) | $ / shares			$ 0.25	$ 0.25	$ 0.31	$ 0.31	$ 0.50	$ 0.62
Treasury Stock, Shares, Acquired (in shares) | shares			0	0
Series A Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends per preferred share (in dollars per share) | $ / shares					$ 20	$ 20
Series B Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends per preferred share (in dollars per share) | $ / shares			$ 20	$ 20
Xerox Shareholders’ Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance				$ 4,709		$ 8,975	$ 4,709	$ 8,975	8,975
Comprehensive income, net attributable to Xerox							533	238
Cash dividends declared - common	[1]						(129)	(159)
Cash dividends declared - preferred	[2]						(7)	(12)
Stock option and incentive plans, net							17	30
Distributions to noncontrolling interests							0	0
Xerox Shareholder's Equity, Ending Balance			$ 5,123		$ 9,072		5,123	9,072	4,709	8,975
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance				254		253	254	253	253
Comprehensive income, net attributable to Xerox							0	0
Cash dividends declared - common	[1]						0	0
Cash dividends declared - preferred	[2]						0	0
Stock option and incentive plans, net							0	0
Distributions to noncontrolling interests							0	0
Xerox Shareholder's Equity, Ending Balance			254		253		254	253	254	253
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance				3,858		3,777	3,858	3,777	3,777
Comprehensive income, net attributable to Xerox							0	0
Cash dividends declared - common	[1]						0	0
Cash dividends declared - preferred	[2]						0	0
Stock option and incentive plans, net							17	30
Distributions to noncontrolling interests							0	0
Xerox Shareholder's Equity, Ending Balance			3,875		3,807		3,875	3,807	3,858	3,777
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance				4,934		9,575	4,934	9,575	9,575
Comprehensive income, net attributable to Xerox							206	189
Cash dividends declared - common	[1]						(129)	(159)
Cash dividends declared - preferred	[2]						(7)	(12)
Stock option and incentive plans, net							0	0
Distributions to noncontrolling interests							0	0
Xerox Shareholder's Equity, Ending Balance			5,004		9,593		5,004	9,593	4,934	9,575
AOCL
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Xerox Shareholder's Equity, Beginning Balance	[3]			(4,337)		(4,630)	(4,337)	(4,630)	(4,630)
Comprehensive income, net attributable to Xerox	[3]						327	49
Cash dividends declared - common	[1],[3]						0	0
Cash dividends declared - preferred	[2],[3]						0	0
Stock option and incentive plans, net	[3]						0	0
Distributions to noncontrolling interests	[3]						0	0
Xerox Shareholder's Equity, Ending Balance	[3]		(4,010)		(4,581)		(4,010)	(4,581)	(4,337)	(4,630)
Non-controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Noncontrolling Interests, Beginning Balance				$ 38		$ 43	38	43	43
Comprehensive income, net attributable to noncontrolling interests							7	4
Cash dividends declared - common	[1]						0	0
Cash dividends declared - preferred	[2]						0	0
Stock option and incentive plans, net							0	0
Distributions to noncontrolling interests							(10)	(9)
Noncontrolling Interests, Ending Balance			$ 35		$ 38		$ 35	$ 38	$ 38	$ 43
[1]	Cash dividends declared on common stock of $0.25 per share in each quarter of 2017 and $0.31 per share in each quarter of 2016.
[2]	Cash dividends declared on preferred stock of $20.00 per share in each quarter of 2017 and 2016.
[3]	Refer to Note 16 - Other Comprehensive Income (Loss) for components of AOCL.

Other Comprehensive Income (L62

Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended					6 Months Ended				12 Months Ended
		Jun. 30, 2017		Mar. 31, 2017	Jun. 30, 2016		Jun. 30, 2017		Jun. 30, 2016		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Comprehensive Income (Loss) [Abstract]
Translation Adjustments Gains (Losses), pre-tax		$ 204			$ (80)		$ 338		$ 111
Translation Adjustments Gains (Losses), net of tax		204	[1]	$ 133	(82)	[1]	337	[1]	107	[1]	$ (347)	$ (651)	$ (728)
Changes in fair value of cash flow hedges - (losses) gains, pre-tax		(22)			41		(13)		57
Changes in fair value of cash flow hedges - (losses) gains, net of tax		(17)			30		(11)		39
Changes in cash flow hedges reclassed to earnings, pre-tax	[2]	4			(8)		8		(7)
Changes in cash flow hedges reclassed to earnings, net of tax	[2]	2			(5)		4		(5)
Other gains (losses), pre-tax		1			(1)		1		(1)
Other gains (losses), net of tax		1			(1)		1		(1)
Net Unrealized (Losses) Gains, pre-tax		(17)			32		(4)		49
Net Unrealized (Losses) Gains, net of tax	[1]	(14)			24		(6)		33
Net actuarial losses, pre-tax		(1)			(100)		(9)		(223)
Net actuarial losses, net of tax		(1)			(62)		(6)		(138)
Prior service amortization, pre-tax	[3]	(3)			(3)		(5)		(5)
Prior service amortization, net of tax	[3]	(2)			(2)		(3)		(3)
Actuarial loss amortization/settlement, pre-tax	[3]	44			41		110		93
Actuarial loss amortization/settlement, net of tax	[3]	30			28		74		63
Fuji Xerox changes in defined benefit plans, net, pre-tax	[4]	8			(25)		21		(100)
Fuji Xerox changes in defined benefit plans, net, net of tax	[4]	8			(25)		21		(100)
Other (losses) gains, pre-tax	[5]	(64)			81		(89)		86
Other (losses) gains, net of tax	[5]	(64)			81		(89)		86
Change in Defined Benefit Plans (Losses) Gains, Pre-tax		(16)			(6)		28		(149)
Change in Defined Benefit Plans (Losses) Gains, Net of Tax	[1]	(29)			20		(3)		(92)
Other Comprehensive Income (loss), pre-tax		171			(54)		362		11
Other Comprehensive Income (loss), net of tax		161	[1]	167	(38)	[1]	328	[1]	48	[1]	(236)	(475)	(1,375)
Other comprehensive (loss) income attributable to noncontrolling interest, pre-tax		0			(1)		1		(1)
Other comprehensive (loss) income attributable to noncontrolling interest, net of tax		0			(1)		1		(1)
Other Comprehensive Income (Loss) Attributable to Xerox, pre-tax		171			(53)		361		12
Other Comprehensive Income (Loss), Attributable to Xerox, net of tax		161		166	$ (37)		327		$ 49		(233)	(474)	$ (1,374)
Cumulative translation adjustments		(1,927)					(1,927)				(2,263)
Other unrealized losses, net		(19)					(19)				(13)
Benefit plans net actuarial losses and prior service credits	[6]	(2,064)					(2,064)				(2,061)
Total Accumulated Other Comprehensive Loss Attributable to Xerox		$ (4,010)		$ (4,171)			$ (4,010)				$ (4,337)	$ (4,630)
[1]	Refer to Note 16 - Other Comprehensive Income (Loss) for gross components of Other Comprehensive Income (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.

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation (Details) $ / shares in Units, shares in Thousands, $ in Millions	Jun. 14, 2017	Jun. 30, 2017USD ($)$ / sharesshares	Mar. 31, 2017USD ($)$ / shares	Dec. 31, 2016$ / shares	Sep. 30, 2016$ / shares	Jun. 30, 2016USD ($)$ / sharesshares		Mar. 31, 2016$ / shares	Dec. 31, 2015$ / shares	Sep. 30, 2015$ / shares	Jun. 30, 2015$ / shares	Mar. 31, 2015$ / shares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares		Dec. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares
Schedule of Basic And Diluted Earnings [Line Items]
Stock Split, Conversion Ratio	0.25
Basic Earnings (Loss) per Share:
Net income from continuing operations attributable to Xerox		$ 166	$ 46			$ 196							$ 212	$ 262		$ 622	$ 822	$ 1,011
Adjusted Net income from continuing operations available to common shareholders		163				190							205	250
Net loss from discontinued operations attributable to Xerox		0				(38)							(6)	(73)
Adjusted Net income available to common shareholders		$ 163				$ 152							$ 199	$ 177
Weighted average common shares outstanding (in shares) | shares		254,193				253,321							254,107	253,291
Continuing operations (dollars per share) | $ / shares		$ 0.64	$ 0.17	$ 0.71	$ 0.66	$ 0.75	[1]	$ 0.24	$ 0.97	$ 0.75	$ 0.72	$ 0.58	$ 0.81	$ 0.99	[1]	$ 2.36	$ 3	$ 3.42
Discontinued operations (dollars per share) | $ / shares		0				(0.15)	[1]						(0.03)	(0.29)	[1]
Total Basic Earnings per Share | $ / shares		$ 0.64	$ 0.14	(3.35)	0.69	$ 0.60	[1]	0.10	1.03	(0.16)	0.01	0.72	$ 0.78	$ 0.70	[1]	$ (1.95)	$ 1.59	$ 3.37
Diluted Earnings (Loss) per Share:
Net income from continuing operations attributable to Xerox		$ 166	$ 46			$ 196							$ 212	$ 262		$ 622	$ 822	$ 1,011
Adjusted Net income from continuing operations available to common shareholders		166				190							205	250
Net loss from discontinued operations attributable to Xerox		0				(38)							(6)	(73)
Adjusted Net income available to common shareholders		$ 166				$ 152							$ 199	$ 177
Weighted average common shares outstanding (in shares) | shares		254,193				253,321							254,107	253,291
Common shares issuable with respect to:
Adjusted Weighted Average Common Shares Outstanding - Diluted (in shares) | shares		263,210				255,505							256,297	255,289
Continuing operations (dollars per share) | $ / shares		$ 0.63	$ 0.16	0.70	0.66	$ 0.75	[1]	0.23	0.96	0.75	0.71	0.57	$ 0.80	$ 0.98	[1]	$ 2.33	$ 2.97	$ 3.37
Discontinued operations (dollars per share) | $ / shares		0				(0.15)	[1]						(0.02)	(0.28)	[1]
Total Diluted Earnings per Share | $ / shares		$ 0.63	$ 0.14	$ (3.30)	$ 0.69	$ 0.60	[1]	$ 0.10	$ 1.02	$ (0.16)	$ 0.01	$ 0.71	$ 0.78	$ 0.70	[1]	$ (1.93)	$ 1.58	$ 3.32
Stock options [Member]
Common shares issuable with respect to:
Stock options and Restricted stock and performance shares (in shares) | shares		0				205							0	209
Restricted Stock and Performance Shares [Member]
Common shares issuable with respect to:
Stock options and Restricted stock and performance shares (in shares) | shares		2,275				1,979							2,190	1,789
Convertible Preferred Stock [Member]
Common shares issuable with respect to:
Convertible preferred stock (in shares) | shares		6,742				0							0	0
Earnings (loss) per share, basic [Member]
Basic Earnings (Loss) per Share:
Accrued dividends on preferred stock		$ (3)				$ (6)							$ (7)	$ (12)
Earnings (loss) per share, diluted [Member]
Basic Earnings (Loss) per Share:
Accrued dividends on preferred stock		$ 0				$ (6)							$ (7)	$ (12)
[1]	Reflects our one-for-four reverse stock split that became effective on June 14, 2017. Refer to Note 1 - Basis of Presentation for further information.

Earnings per Share - Anti Dilut

Earnings per Share - Anti Dilutive Securities (Details) - $ / shares shares in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	2,375		11,205		9,202	11,392
Dividends per common share (in dollars per share)	$ 0.25	$ 0.25	$ 0.31	$ 0.31	$ 0.50	$ 0.62
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	0		486		0	483
Restricted Stock and Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	2,375		3,977		2,460	4,167
Convertible preferred stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	0		6,742		6,742	6,742

Contingencies and Litigation (D

Contingencies and Litigation (Details) $ in Millions	May 09, 2014	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Multiplier Of Overpayment Amounts	2
Brazil Tax And Labor Contingencies [Member]
Loss Contingencies [Line Items]
Unreserved tax and labor contingencies		$ 600	$ 750
Escrow cash deposits		76
Letters of Credit Outstanding, Amount		142
Surety Bonds Outstanding, Amount		$ 94

Contingencies and Litigation -

Contingencies and Litigation - Other Contingencies (Details) $ in Millions	Jun. 30, 2017USD ($)
Performance Guarantee [Member]
Guarantor Obligations [Line Items]
Maximum exposure, undiscounted	$ 386