Xerox Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	512	576	519	1,045	1,840
Cash & Short-Term Investments	512	576	519	1,045	1,840
Cash Growth	-11.11%	10.98%	-50.33%	-43.21%	-29.90%
Accounts Receivable	1,148	796	850	857	818
Other Receivables	-	22	13	27	11
Receivables	1,148	818	863	884	829
Inventory	1,016	695	661	797	696
Finance Div. Loans and Leases	556	656	913	1,154	1,136
Prepaid Expenses	-	58	48	55	53
Restricted Cash	-	33	70	55	33
Other Current Assets	378	99	103	117	114
Total Current Assets	3,610	2,935	3,177	4,107	4,701
Property, Plant & Equipment	390	430	438	535	622
Long-Term Investments	-	89	66	59	54
Goodwill	2,194	1,937	2,747	2,820	3,287
Other Intangible Assets	921	296	245	303	331
Finance Div. Loans and Leases Long-Term	846	1,089	1,597	1,948	1,934
Long-Term Deferred Tax Assets	81	615	745	582	519
Long-Term Deferred Charges	-	139	136	135	147
Other Long-Term Assets	1,479	590	592	819	1,375
Total Assets	9,820	8,365	10,008	11,543	13,223
Accounts Payable	1,498	1,023	1,044	1,331	1,069
Accrued Expenses	1,502	472	584	578	530
Current Portion of Long-Term Debt	231	585	567	860	650
Current Portion of Leases	-	60	49	68	81
Current Income Taxes Payable	-	33	39	16	30
Current Unearned Revenue	-	133	147	154	194
Other Current Liabilities	-	313	349	323	275
Total Current Liabilities	3,231	2,619	2,779	3,330	2,829
Long-Term Debt	4,016	2,814	2,710	2,866	3,596
Long-Term Leases	-	181	150	177	209
Pension & Post-Retirement Benefits	1,227	1,242	1,387	1,359	1,650
Long-Term Deferred Tax Liabilities	-	85	95	95	108
Other Long-Term Liabilities	673	120	115	139	164
Total Liabilities	9,147	7,061	7,236	7,966	8,556
Common Stock	128	124	123	156	168
Additional Paid-In Capital	1,183	1,137	1,114	1,588	1,802
Retained Earnings	2,444	3,514	4,977	5,136	5,631
Treasury Stock	-	-	-	-	-177
Comprehensive Income & Other	-3,311	-3,699	-3,676	-3,537	-2,988
Total Common Equity	444	1,076	2,538	3,343	4,436
Minority Interest	15	14	20	20	17
Shareholders' Equity	673	1,304	2,772	3,577	4,667
Total Liabilities & Equity	9,820	8,365	10,008	11,543	13,223
Total Debt	4,247	3,640	3,476	3,971	4,536
Net Cash (Debt)	-3,735	-3,064	-2,957	-2,926	-2,696
Net Cash Per Share	-29.53	-24.67	-19.83	-18.76	-14.72
Filing Date Shares Outstanding	128.04	125.28	124.18	156.43	156.35
Total Common Shares Outstanding	128.04	124.44	123.14	155.78	159.39
Working Capital	379	316	398	777	1,872
Book Value Per Share	3.47	8.65	20.61	21.46	27.83
Tangible Book Value	-2,671	-1,157	-454	220	818
Tangible Book Value Per Share	-20.86	-9.30	-3.69	1.41	5.13
Land	-	8	8	8	9
Buildings	-	669	678	708	777
Machinery	-	1,182	1,291	1,460	1,573
Construction In Progress	-	11	11	15	17
Leasehold Improvements	-	72	78	112	112

Source: S&P Global Market Intelligence. Standard template. Financial Sources.