<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
XEROX CORPORATION'S JUNE 30, 1995 FINANCIAL STATEMENTS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                              34
<SECURITIES>                                         0
<RECEIVABLES>                                   12,294
<ALLOWANCES>                                       388
<INVENTORY>                                      2,789
<CURRENT-ASSETS>                                 9,736
<PP&E>                                           4,744
<DEPRECIATION>                                   2,682
<TOTAL-ASSETS>                                  20,727
<CURRENT-LIABILITIES>                            6,344
<BONDS>                                          9,537
<SALES>                                          3,961
<TOTAL-REVENUES>                                 7,824
<CGS>                                            2,285
<TOTAL-COSTS>                                    4,224
<OTHER-EXPENSES>                                 2,821
<LOSS-PROVISION>                                   104
<INTEREST-EXPENSE>                                 417
<INCOME-PRETAX>                                    779
<INCOME-TAX>                                       302
<INCOME-CONTINUING>                                441