Supplementary Financial Information (Tables)

9 Months Ended

Sep. 30, 2026

Supplemental Financial Information [Abstract]

Cash, cash equivalents and restricted cash amounts are as follows:


	September 30, 2026		December 31, 2025
Cash and cash equivalents	$	412	$	512
Restricted cash

Litigation deposits in Brazil	23		21

Joint venture financing arrangement(1)	21		—
Tariff receivables monetization(1)	17		—
Supplier finance programs	27		—
Other restricted cash	30		32
Total Restricted cash	118		53
Cash, cash equivalents and restricted cash	$	530	$	565

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(1)Refer to Note 12 - Debt for additional information related to our joint venture financing arrangement, and the tariff receivables monetization.

Schedule of Restricted Cash Balance Sheet Location

Restricted cash is reported in the Condensed Consolidated Balance Sheets as follows:


	September 30, 2026		December 31, 2025
Other current assets	$	95	$	31
Other long-term assets	23		22
Total Restricted cash	$	118	$	53

Schedule of Cash Flow Information

Summarized cash flow information is as follows:


Source/(Use)	Location in Statement of Cash Flows	Nine Months Ended September 30,
			2026		2025
Provision for receivables	Operating		$	19	$	36
Provision for inventory	Operating		30		31
Depreciation of buildings and equipment	Operating		65		52
Depreciation and obsolescence of equipment on operating leases	Operating		114		103
Amortization of internal use software	Operating		26		19

Amortization of acquired intangible assets	Operating		91		50

Amortization of customer contract costs(1)	Operating		53		50

Cost of additions to land, buildings and equipment	Investing		(39)		(21)
Cost of additions to internal use software	Investing		(31)		(46)
Payments to acquire noncontrolling interests - Xerox Holdings	Investing		(16)		(9)
Proceeds from borrowings under the ABL Facility(2)	Financing		100		188
Payments on borrowings under the ABL Facility(2)	Financing		(100)		(88)
Common stock dividends - Xerox Holdings	Financing		(13)		(54)
Preferred stock dividends - Xerox Holdings	Financing		(11)		(11)




Proceeds from issuance of warrants	Financing		—		11
Commitment fees	Financing		—		(22)

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(1)Amortization of customer contract costs is reported in (Increase) decrease in other current and long-term assets in the Condensed Consolidated Statements of Cash Flows. Refer to Note 3 - Revenue - Contract Costs for additional information.

(2)Proceeds from / (payments) under the ABL Facility are reported in Net (payments) proceeds on short term debt in the Condensed Consolidated Statements of Cash Flows. Refer to Note 12 - Debt - Revolving Credit Facility for additional information regarding our ABL Facility.

Schedule of Supplier Finance Program

Activity related to the Company's supplier finance program is as follows:



	2026		2025
Balance at January 1st	$	18	$	30
Amounts invoiced	18		22
Invoices paid	(18)		(33)
Balance at March 31st	$	18	$	19
Amounts invoiced	21		22
Invoices paid	(26)		(21)
Balance at June 30th	$	13	$	20
Amounts invoiced	21		21
Invoices paid	(22)		(22)
Balance at September 30th	$	12	$	19