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Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2017	Apr. 30, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Conduent Incorporated
Entity Central Index Key	0001677703
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		209,319,952

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Revenue	$ 1,542	$ 1,673
Related party	11	12
Total Revenues	1,553	1,685
Costs and Expenses
Cost of services	1,287	1,412
Related party cost of services	7	9
Research and development	4	10
Selling, administrative and general	169	183
Restructuring and related costs	18	26
Amortization of intangible assets	61	75
Interest expense	36	1
Related party interest	0	10
Separation costs	5	3
Other (income) expenses, net	(12)	10
Total Costs and Expenses	1,575	1,739
Loss before Income Taxes	(22)	(54)
Income tax benefit	(12)	(31)
Loss from Continuing Operations	(10)	(23)
Income from discontinued operations, net of tax	4	0
Net Loss	$ (6)	$ (23)
Continuing operations	$ (0.06)	$ (0.12)
Discontinued operations	0.02	0.00
Total Basic Loss per Share	(0.04)	(0.12)
Continuing operations	(0.06)	(0.12)
Total Diluted Loss per Share	$ (0.04)	$ (0.12)

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2017

Mar. 31, 2016

Statement of Comprehensive Income [Abstract]

Net Loss

$ (6)

$ (23)

Other Comprehensive Loss, Net:

Translation adjustments, net

^[1]

Unrealized gains, net

^[1]

Changes in defined benefit plans, net

^[1]

Other Comprehensive Income, Net

^[1]

Comprehensive Loss, Net

Comprehensive Income (Loss), Net

$ 9

$ (14)

[1]	Refer to Note 10 - Other Comprehensive Income for gross components of Other Comprehensive Income, reclassification adjustments out of Accumulated Other Comprehensive Loss and related tax effects.

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Assets, Current [Abstract]
Cash and cash equivalents	$ 255	$ 390
Accounts receivable, net	1,408	1,286
Net receivable from former parent company	41	0
Other current assets	270	241
Total current assets	1,974	1,917
Assets
Land, buildings and equipment, net	282	283
Intangible assets, net	1,083	1,144
Goodwill	3,899	3,889
Other long-term assets	462	476
Total Assets	7,700	7,709
Liabilities, Current [Abstract]
Short-term debt and current portion of long-term debt	46	28
Accounts payable	130	164
Accrued compensation and benefits costs	257	269
Unearned income	212	206
Net payable to former parent company	0	124
Other current liabilities	603	611
Total current liabilities	1,248	1,402
Long-term debt	2,075	1,913
Pension and other benefit liabilities	172	172
Deferred taxes	616	619
Other long-term liabilities	148	173
Total Liabilities	4,259	4,279
Contingencies (See Note 11)
Series A Convertible Preferred Stock	142	142
Common Stock	2	2
Additional paid-in-capital	3,816	3,812
Retained deficit	(8)	0
Accumulated other comprehensive loss	(511)	(526)
Total Equity	3,299	3,288
Total Liabilities and Equity	$ 7,700	$ 7,709
Shares of common stock issued and outstanding	203,640	202,875
Shared of Series A convertible preferred stock issued and outstanding	120	120

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows from Operating Activities:
Net loss	$ (6)	$ (23)
Adjustments required to reconcile net loss to cash flows from operating activities:
Depreciation and amortization	125	148
Provision for receivables	0	2
Deferred tax (benefit) expense	(6)	5
Gain on investments	(3)	0
Amortization of debt financing costs	2	0
Net gain on sales of businesses and assets	(7)	0
Stock-based compensation	6	4
Restructuring and related charges	12	25
Payments for restructuring	(9)	(7)
Contributions to defined benefit pension plans	(2)	(2)
Increase in accounts receivable	(110)	(141)
Increase in other current and long-term assets	(33)	(26)
Decrease in accounts payable and accrued compensation	(49)	(66)
Decrease in other current and long-term liabilities	(17)	(11)
Net change in income tax assets and liabilities	(9)	(25)
Net cash used in operating activities	(106)	(117)
Cash Flows from Investing Activities:
Cost of additions to land, buildings and equipment	(17)	(30)
Cost of additions to internal use software	(8)	(9)
Proceeds from sale of businesses, net of adjustments	0	(56)
Net payments on related party notes receivable	0	(3)
Other investing	0	1
Net cash used in investing activities	(25)	(97)
Cash Flows from Financing Activities:
Proceeds on long term debt, net of issuance costs	305	2
Payments on debt	(144)	(6)
Net proceeds on related party notes payable	0	9
Net (payments) to, transfers from former parent	(161)	211
Proceeds from exercise of stock options	2	0
Dividends paid on preferred stock	(2)	0
Other financing	(6)	0
Net cash (used in) provided by financing activities	(6)	216
Effect of exchange rate changes on cash and cash equivalents	2	1
(Decrease) increase in cash and cash equivalents	(135)	3
Cash and cash equivalents at beginning of period	390	140
Cash and Cash Equivalents at End of Period	$ 255	$ 143

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation References herein to “we,” “us,” “our,” the “Company” and “Conduent” refer to Conduent Incorporated 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 “Loss before Income Taxes ” as “pre-tax loss”. Separation from Xerox Corporation On December 31, 2016, Conduent Incorporated spun-off from Xerox Corporation, pursuant to the separation agreement. The separation was completed by way of a pro rata distribution of Conduent Incorporated shares held by Xerox to Xerox’s shareholders. As a result of the spin-off, we now operate as an independent, publicly traded company on the New York Stock Exchange, under the ticker "CNDT". Prior to December 31, 2016, the Financial Statements of the Company were derived from the Consolidated Financial Statements and accounting records of Xerox as if the Company operated on a standalone basis and were prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) and pursuant to the rules and regulations of the SEC. Historically, the Company consisted of the Business Processing Outsourcing Operating segment within Xerox’s reportable Services segment and did not operate as a separate, standalone company. Accordingly, Xerox had reported the financial position and the related results of operations, cash flows and changes in equity of the Company in Xerox’s Consolidated Financial Statements. During the second quarter 2016 closing process, we determined that the first quarter 2016 income tax benefit of $25 should have been $6 higher. We revised the accompanying first quarter 2016 financial statements to record this tax benefit. The Company concluded that this correction was not material to the condensed consolidated financial statements for the three months ended March 31, 2016. During the first quarter of 2017, the Company recorded out-of-period adjustments related to the December 31, 2016 compensation-related accruals, the majority of which was associated with the Xerox annual performance incentive program, which reduced first quarter 2017 Total costs and expenses within the Statement of Income (Loss) by approximately $4. Such prior period compensation-related accrual adjustments are not material to the first quarter 2017 or prior period financial statements, and are not expected to be material to the full year 2017 Statement of Income (Loss).

Recent Accounting Pronouncements

3 Months Ended

Mar. 31, 2017

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Recent Accounting Pronouncements

Revenue Recognition

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), to supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing U.S. GAAP, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU 2014-09 is effective for our fiscal year beginning January 1, 2018, with early adoption permitted for fiscal years beginning January 1, 2017. The standard will be adopted using either of two methods: (i) retrospective to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (ii) retrospective with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASU 2014-09. In March 2016, the FASB issued ASU 2016-08, Revenue Recognition - Principal versus Agent (reporting revenue gross versus net). Also, in April 2016, the FASB issued ASU 2016-10 Revenue from Contracts with Customers - Identifying Performance Obligations and Licensing, and 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 using the modified retrospective method and expect to hire external consultants to assist with the implementation.

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.

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 with early adoption permitted. We are currently evaluating the impact, if any, that the adoption of ASU 2016-15 may have on our statements of cash flows in future reporting periods.

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 $22 and $16 of restricted cash, currently reported in other current assets at December 31, 2016 and 2015, 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. ASU 2016-09 was effective for our fiscal year beginning January 1, 2017, and did not have a material impact on our consolidated financial statements. This update 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.

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. Under current GAAP, recognition of the income tax consequences for assets other than inventory could only occur upon sale to a third party. This update is effective for our fiscal year beginning January 1, 2018. 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.

Business Combinations

In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which clarifies the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. This update is effective for our fiscal year beginning January 1, 2018, with early adoption permitted. We are currently evaluating the impact of the adoption of ASU 2017-01 on our consolidated financial statements, intangible assets and goodwill.

In January 2017 the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 305): Simplifying the Goodwill Impairment Test, which eliminates Step 2 from the goodwill impairment test. Instead, an entity should perform its annual or interim goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, not to exceed the total amount of goodwill allocated to the reporting unit. This update is effective for our fiscal year beginning January 1, 2020; however the Company has elected the early adoption option, as permitted by ASU 2017-04, for goodwill impairment tests performed after January 1, 2017. The adoption of this standard does not have any effect on our financial condition, results of operations or cash flows.

Equity Method Accounting

In March 2016, the FASB issued ASU 2016-07, Investments - Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting. This update eliminates the requirement that when an existing cost method investment qualifies for use of the equity method, an investor must restate its historical financial statements, as if the equity method had been used during all previous periods. Under the new guidance, at the point an investment qualifies for the equity method, any unrealized gain or loss in accumulated other comprehensive income(loss) ("AOCI") will be recognized through earnings. This update was effective for our fiscal year beginning January 1, 2017, and did not have a material impact on our financial condition, results of operations or cash flows.

Employee Benefit Plans

In March 2017, the FASB issued ASU 2017-07, Compensation (Topic 715): Retirement Benefits, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. This update requires an employer 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. It also requires the other components of net periodic pension cost and net periodic postretirement benefit cost be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. Additionally, only the service cost component is eligible for capitalization, when applicable. This update is effective for our fiscal year beginning January 1, 2018, with early adoption permitted. The adoption of this update is not expected to have a material impact on our financial condition, results of operations or cash flows.

Other Updates

The FASB also issued the following Accounting Standards Updates which are not expected to have a material impact on our financial condition, results of operations or cash flows. Those updates are as follows:


•	Accounting Changes and Error Corrections: (Topic 250): ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments-Equity Method and Joint Ventures (Topic 323). Transition guidance included in certain issued but not yet adopted ASUs was updated to reflect this amendment.


•	Financial Instruments: ASU 2016-01, Financial Instruments - Recognition and Measurement of Financial Instruments and Financial Liabilities, which is effective for our fiscal year beginning January 1, 2018, and is not expected to have a material impact on our financial condition, results of operations or cash flows.


•	Inventory: ASU 2015-11, Simplifying the Subsequent Measurement of Inventory, which is effective for our fiscal year beginning January 1, 2017, did not have a material impact on our financial condition, results of operations or cash flows.


•	Derivatives and Hedging: ASU 2016-06, Contingent Put and Call Options in Debt Instruments, was effective for our fiscal year beginning January 1, 2017, and did not have a material impact on our financial condition, results of operations or cash flows.


•	Derivatives and Hedging: ASU 2016-05, Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships, was effective for our fiscal year beginning January 1, 2017, and did not have a material impact on our financial condition, results of operations or cash flows.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

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+ Details

Segment Reporting

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Reporting

Our reportable segments correspond to how we organize and manage the business, as defined by our CEO who is also our Chief Operating Decision Maker, and are aligned to the industries in which our clients operate. All of our segments involve the delivery of business process services and include service arrangements where we manage a customer's business activity or process.

Beginning in 2017, we changed our reporting segments to align the Healthcare business based upon customer focus between Commercial Industries and Public Sector in an effort to better reflect how we manage our business. Our financial performance is now based on the following three reportable segments (the prior period has been adjusted to reflect the new reporting segments):


•	Commercial Industries


•	Public Sector


•	Other

Commercial Industries: Our Commercial Industries segment provides business process services and customized solutions to clients in a variety of industries. Across the Commercial Industries segment, we deliver end-to-end business-to-business and business-to-customer services that enable our clients to optimize their key processes. Our multi-industry competencies include customer care, human resource management and finance and accounting services. These services are complemented by innovative industry-specific services such as personalized product information for the automotive industry; digitized source-to-pay solutions for clients in the manufacturing industry; customer experience and marketing services for clients in the retail industry; mortgage and consumer loan processing for clients in the financial services industry and customized workforce learning solutions for clients in the aerospace industry.

Public Sector: Our Public Sector segment provides government-centric business process services to U.S. federal, state and local and foreign governments for transportation, public assistance, program administration, transaction processing and payment services.

Other: Other includes our Government Health Enterprise Medicaid Platform business, where we are limiting our focus to our current Health Enterprise clients, and our Student Loan business, which is in run-off. Other also includes non-allocated corporate expenses as well as inter-segment eliminations.

Selected financial information for our reportable segments is as follows:



	Three Months Ended March 31,
	Segment Revenue		Segment Profit (Loss)
2017
Commercial Industries	$	923	$	29
Public Sector	549		61
Other	81		(4		)
Total	$	1,553	$	86
2016
Commercial Industries	$	1,007	$	26
Public Sector	571		61
Other	107		(16		)
Total	$	1,685	$	71



	Three Months Ended March 31,
Reconciliation to Pre-tax Income (Loss)	2017			2016
Segment Profit	$	86		$	71
Reconciling items:
Amortization of intangible assets	(61		)	(75		)
Restructuring and related costs	(18		)	(26		)
Interest Expense	(36		)	(1		)
Related party interest	—			(10		)
Separation costs⁽¹⁾	(5		)	(3		)
Other income (expense), net	12			(10		)
Pre-tax Loss	$	(22	)	$	(54	)

__________________________

(1)

Separation costs are expenses incurred in connection with the separation into an independent, publicly-traded companies. These 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 not capitalized.

Goodwill

As a result of the 2017 change in segments, we were required to test Goodwill for impairment. As a result of the first quarter 2017 goodwill impairment test, the Commercial reporting unit, which was impaired during the fourth quarter of 2016 and has approximately $1.5 billion of goodwill remaining, has a fair value that exceeded its carrying value by approximately 8.9%. To the extent the assumptions underlying the goodwill impairment test change, there could be additional impairments in the future.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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+ Details

Accounts Receivable, Net

3 Months Ended

Mar. 31, 2017

Receivables [Abstract]

Accounts Receivable, Net

Accounts receivable, net were as follows:



	March 31, 2017			December 31, 2016
Amounts billed or billable	$	1,142		$	1,014
Unbilled amounts	272			279
Allowance for doubtful accounts	(6		)	(7		)
Accounts Receivable, Net	$	1,408		$	1,286

Unbilled amounts include amounts associated with percentage-of-completion accounting and other earned revenues not currently billable due to contractual provisions. Amounts to be invoiced in the subsequent months for current services provided are included in amounts billable, and at March 31, 2017 and December 31, 2016 were approximately $453 and $429, respectively.

We perform ongoing credit evaluations of our customers and adjust credit limits based upon customer payment history and current creditworthiness. The allowance for uncollectible accounts receivables 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.

In the first quarter 2017 we settled a customer dispute over an aged accounts receivable balance for $19. We applied $5 of the proceeds to net accounts receivable and a $14 gain was recorded as follows:


•	$7 to discontinued operations as a portion of the receivable was related to a business that was part of our ITO discontinued operation; and


•	$7 to continuing operations as the remainder of the receivable was related to our continuing Healthcare Provider business; the majority of the $7 is reflected in legal settlements in Other (income) expense, net.

Restructuring Programs

3 Months Ended

Mar. 31, 2017

Restructuring and Related Activities [Abstract]

Restructuring Programs

Restructuring Programs and Related Costs

During the three months ended March 31, 2017, we recorded net restructuring and asset impairment charges of $12, which included approximately $11 of severance costs related to headcount reductions of approximately 700 employees worldwide and $3 of lease cancellation costs. These costs were offset by $2 of net reversals, primarily resulting from changes in estimated reserves from prior period initiatives. We also recorded $6 of costs during the three months ended March 31, 2017 primarily related to professional support services associated with the implementation of the strategic transformation program.

Information related to restructuring program activity during the three months ended March 31, 2017 is outlined below:



	Severance and Related Costs			Lease Cancellation and Other Costs			Asset Impairments⁽²⁾		Total
Balance at December 31, 2016	$	15		$	5		$	1	$	21
Restructuring provision	11			3			—		14
Reversals of prior accruals	(1		)	(1		)	—		(2		)
Net Current Period Charges⁽¹⁾	10			2			—		12
Charges against reserve and currency	(8		)	(1		)	—		(9		)
Balance at March 31, 2017	$	17		$	6		$	1	$	24

_____________________________


(1)	Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown.


(2)	Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision.

Reconciliation to the Condensed Consolidated Statements of Cash Flows:



	Three Months Ended March 31,
	2017		2016
Charges against reserve	$	9	$	7
Restructuring Cash Payments	$	9	$	7

The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment:



	Three Months Ended March 31,
	2017		2016
Commercial Industries	$	8	$	21
Public Sector	3		1
Other	1		3
Total Net Restructuring Charges	$	12	$	25

Debt

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Debt and Capital Leases Disclosures [Text Block]

Debt

Long term debt was as follows:



	March 31, 2017			December 31, 2016
Revolving credit facility	$	70		$	—
Term loan A due 2021⁽¹⁾	699			694
Term loan B due 2023	848			750
Senior notes due 2024	510			510
Capital lease obligations	48			43
Principal Debt Balance	$	2,175		$	1,997
Debt issuance costs and unamortized discounts	(54		)	(56		)
Less: current maturities	(46		)	(28		)
Total Long-term Debt	$	2,075		$	1,913

________


(1)	The aggregate principal debt for Term Loan A includes borrowings in both U.S Dollars and Euros.

Term Loan B Repricing

On April 7, 2017, we entered into Amendment No. 1 (the "Repricing Amendment") to the Credit Agreement, dated as of December 7, 2016. As a result of the Repricing Amendment, we were required to pay the Term B Lenders a 1% principal prepayment fee on approximately $848 principal balance in the amount of approximately $8, and the Term B Loan interest rate was reduced by 1.5% from 5.5% over LIBOR to 4.0% over LIBOR. The repricing of the Term B Loan interest rate is expected to result in substantial interest rate cost savings over the life of the Term B Loan. Transaction fees of $1 were expensed.

Financial Instruments	3 Months Ended
Financial Instruments	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments 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, to hedge foreign currency denominated purchases and sales, thereby reducing volatility of earnings or protecting fair values of assets and liabilities. At March 31, 2017, we had outstanding forward exchange contracts with gross notional values of approximately $150, which is typical of the amounts that are normally outstanding at any point during the year. Approximately 63% of these contracts mature within three months, 14% in three to six months, 18% in six to 12 months and 5% in greater than 12 months. The majority of these foreign currency derivative contracts are designated as cash flow hedges and did not have a material impact on our balance sheet, income statement, or cash flows for the periods presented.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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+ Details

Fair Value of Financial Assets and Liabilities

3 Months Ended

Mar. 31, 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.



	March 31, 2017		December 31, 2016
Assets:
Foreign exchange contracts - forwards	$	2	$	1
Deferred compensation investments in cash surrender life insurance	102		99
Deferred compensation investments in mutual funds	9		10
Total	$	113	$	110
Liabilities:
Foreign exchange contracts - forwards	$	1	$	3
Deferred compensation plan liabilities	117		113
Total	$	118	$	116

We utilize the income approach to measure the fair value for our derivative assets and liabilities. The income approach uses pricing models that rely on market observable inputs such as yield curves, currency exchange rates and forward prices, and therefore are classified as Level 2.

Fair value for our deferred compensation plan investments in Company-owned life insurance is reflected at cash surrender value. Fair value for our deferred compensation plan investments in mutual funds is based on quoted market prices for actively traded investments similar to those held by the plan. Fair value for deferred compensation plan liabilities is based on the fair value of investments corresponding to employees’ investment selections, based on quoted prices for similar assets in actively traded markets.

Summary of Other Financial Assets and Liabilities Not Measured at Fair Value on a Recurring Basis

The estimated fair values of our other financial assets and liabilities not measured at fair value on a recurring basis were as follows:



	March 31, 2017				December 31, 2016
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	255	$	255	$	390	$	390
Restricted cash - related party	18		18		18		18
Accounts receivable, net	1,408		1,408		1,286		1,286
Short-term debt	46		46		28		28
Long-term debt	2,075		2,158		1,913		1,933

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).

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Employee Benefit Plans

3 Months Ended

Mar. 31, 2017

Compensation and Retirement Disclosure [Abstract]

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 March 31,
	Pension Benefits
	U.S. Plans						Non-U.S. Plans
Components of Net Periodic Benefit Costs:	2017			2016			2017			2016
Service cost	$	—		$	—		$	1		$	1
Interest cost	1			1			1			1
Expected return on plan assets	(1		)	(1		)	(2		)	(2		)
Defined Benefit Plans	—			—			—			—
Defined contribution plans	8			7			2			1
Net Periodic Benefit Cost	8			7			2			1

Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial gain	—			—			(1		)	—
Total Recognized in Other Comprehensive Loss	—			—			(1		)	—
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss	$	8		$	7		$	1		$	1

Contributions

During the three months ended March 31, 2017, we made cash contributions of $2 ($1 U.S. and $1 Non-U.S.) to our defined benefit pension plans. We presently anticipate additional cash contributions of $8 ($3 U.S. and $5 Non-U.S.) for total full-year cash contributions of approximately $10 ($4 U.S. and $6 Non-U.S.). In 2016, full-year cash contributions to our defined benefit pension plans were $6 ($4 U.S. and $2 Non-U.S.).

Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2017

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

Other Comprehensive Income

Other Comprehensive Income is comprised of the following:



	Three Months Ended March 31,
	2017				2016
	Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments Gains	$	12	$	12	$	7	$	7
Unrealized Gains:
Changes in fair value of cash flow hedges - gains	2		2		2		1
Changes in cash flow hedges reclassified to earnings⁽¹⁾	1		—		1		1
Net Unrealized Gains	3		2		3		2

Defined Benefit Plans Gains:
Net actuarial gains⁽²⁾	1		1		—		—
Changes in Defined Benefit Plans Gains	1		1		—		—

Other Comprehensive Income	$	16	$	15	$	10	$	9

_____________________________


(1)	Reclassified to Cost of outsourcing. Refer to Note 7 - Financial Instruments for additional information regarding our cash flow hedges.


(2)	Reclassified to Total Net Periodic Benefit Cost. Refer to Note 9 - Employee Benefit Plans for additional information.

Accumulated Other Comprehensive Loss (AOCL)

AOCL is comprised of the following:



	March 31, 2017			December 31, 2016
Cumulative translation adjustments	$	(460	)	$	(472	)
Other unrealized losses, net	1			(1		)
Benefit plans net actuarial losses and prior service credits	(52		)	(53		)
Total Accumulated Other Comprehensive Loss	$	(511	)	$	(526	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Contingencies and Litigation	3 Months Ended
Contingencies and Litigation	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Litigation	Contingencies and Litigation As more fully discussed below, 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; commercial and contracts 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. The Company believes it has recorded adequate provisions for any such matters and, as of March 31, 2017, it was not reasonably possible that a material loss had been incurred in connection with such matters in excess of the amounts recognized in its financial statements. Additionally, guarantees, indemnifications and claims arise during the ordinary course of business from relationships with suppliers, customers and nonconsolidated affiliates when we undertake an obligation to guarantee the performance of others if specified triggering events occur. Nonperformance under a contract could trigger an obligation of the Company. These potential claims include actions based upon alleged exposures to products, real estate, intellectual property such as patents, environmental matters, and other indemnifications. The ultimate effect on future financial results is not subject to reasonable estimation because considerable uncertainty exists as to the final outcome of these claims. However, while the ultimate liabilities resulting from such claims may be significant to results of operations in the period recognized, management does not anticipate they will have a material adverse effect on the condensed financial position or liquidity. As of March 31, 2017, we have accrued our estimate of liability incurred under our indemnification arrangements and guarantees. 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 "Xerox Defendants") violated the Texas Medicaid Fraud Prevention Act in the administration of its contract with the Texas Department of Health and Human Services (“HHSC”). The State alleges that the Xerox 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 Xerox Defendants filed their Answer in June, 2014 denying all allegations. The Xerox Defendants will continue to vigorously defend themselves in this matter. We do not believe it is probable that we will incur a material loss in excess of the amount accrued for this matter. In the course of litigation, we periodically engage in discussions with plaintiff’s counsel for possible resolution of the matter. Should developments cause a change in our determination as to an unfavorable outcome, or result in a final adverse judgment or settlement for a significant amount, there could be a material adverse effect on our results of operations, cash flows and financial position in the period in which such change in determination, judgment or settlement occurs. Dennis Nasrawi v. Buck Consultants et al.: On October 8, 2009, plaintiffs filed a lawsuit in the Superior Court of California, Stanislaus County, and on November 24, 2009, the case was removed to the U.S. Court for the Eastern District of California, Fresno Division. Plaintiffs allege actuarial negligence against Buck Consultants, LLC (“Buck”) for the use of faulty actuarial assumptions in connection with the 2007 actuarial valuation for the Stanislaus County Employees Retirement Association (“StanCERA”). Plaintiffs allege that the employer contribution rate adopted by StanCERA based on Buck’s valuation was insufficient to fund the benefits promised by the County. On July 13, 2012, the Court entered its ruling that the plaintiffs lacked standing to sue in a representative capacity on behalf of all plan participants. The Court also ruled that plaintiffs had adequately pleaded their claim that Buck allegedly aided and abetted StanCERA in breaching its fiduciary duty. Plaintiffs then filed their Fifth Amended Complaint and added StanCERA to the litigation. Buck and StanCERA filed demurrers to the amended complaint. On September 13, 2012, the Court sustained both demurrers with prejudice, completely dismissing the matter and barring plaintiffs from refiling their claims. Plaintiffs appealed, and ultimately the California Court of Appeals (Sixth District) reversed the trial court’s ruling and remanded the case back to the trial court. Buck will continue to aggressively defend these lawsuits. Other Matters On January 5, 2016, the Consumer Financial Protection Bureau (the "CFPB") notified Xerox Education Services, Inc. (XES) that, in accordance with the CFPB’s discretionary Notice and Opportunity to Respond and Advise (NORA) process, the CFPB’s Office of Enforcement is considering recommending that the CFPB take legal action against XES, alleging that XES violated the Consumer Financial Protection Act’s prohibition of unfair practices. Should the CFPB commence an action, it may seek restitution, civil monetary penalties, injunctive relief, or other corrective action. The purpose of a NORA letter is to provide a party being investigated an opportunity to present its position to the CFPB before an enforcement action is recommended or commenced. This notice stems from an inquiry that commenced in 2014 when XES received and responded to a Civil Investigative Demand containing a broad request for information. During this process, XES self-disclosed to the Department of Education and the CFPB certain adjustments of which it had become aware that had not been timely made relating to its servicing of a small percentage of third-party student loans under outsourcing arrangements for various financial institutions. The CFPB and the Department of Education, as well as certain states' attorney general offices and other regulatory agencies, began similar reviews. XES has cooperated and continues to fully cooperate with all regulatory agencies, and XES has submitted its NORA response. We cannot provide assurance that the CFPB or another party will not ultimately commence a legal action against XES in this matter nor are we able to predict the likely outcome of the investigations into this matter. We could in future periods incur judgments or enter into settlements in connection with this matter and 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 judgment or settlement occurs. Other Contingencies Certain contracts, primarily in our Public Sector segment, require us to provide a surety bond or a letter of credit as a guarantee of performance. As of March 31, 2017, we had $642 of outstanding surety bonds used to secure our performance of contractual obligations with our clients, and we had $133 of outstanding letters of credit used to secure our performance of contractual obligations to our clients as well as other corporate obligations. In general, we would only be liable for the amount of these guarantees in the event of default in our performance of our obligations under each contract; the probability of which we believe is remote. We believe we have sufficient capacity in the surety markets and liquidity from our cash flow and our various credit arrangements, including those with our former parent, to allow us to respond to future requests for proposals that require such credit support. We have service arrangements where we service third-party student loans in the Federal Family Education Loan program (FFEL) on behalf of various financial institutions. We service these loans for investors under outsourcing arrangements and do not acquire any servicing rights that are transferable by us to a third-party. At March 31, 2017, we serviced a FFEL portfolio of approximately 1.2 million loans with an outstanding principal balance of approximately $19.8 billion. Some servicing agreements contain provisions that, under certain circumstances, require us to purchase the loans from the investor if the loan guaranty has been permanently terminated as a result of a loan default caused by our servicing error. If defaults caused by us are cured during an initial period, any obligation we may have to purchase these loans expires. Loans that we purchase may be subsequently cured, the guaranty reinstated and the loans repackaged for sale to third parties. We evaluate our exposure under our purchase obligations on defaulted loans and establish a reserve for potential losses, or default liability reserve, through a charge to the provision for loss on defaulted loans purchased. The reserve is evaluated periodically and adjusted based upon management’s analysis of the historical performance of the defaulted loans. As of March 31, 2017, other current liabilities include reserves of approximately $2 for losses on defaulted loans purchased which we believe to be adequate. In addition to potential purchase obligations arising from servicing errors, various laws and regulations applicable to student loan borrowers could give rise to fines, penalties and other liabilities associated with loan servicing errors.

Preferred Stock (Notes)	3 Months Ended
Preferred Stock (Notes)	Mar. 31, 2017
Temporary Equity Disclosure [Abstract]
Preferred Stock [Text Block]	Preferred Stock Series A Preferred Stock In connection with the Separation from Xerox, we issued 120 thousand shares of Series A convertible perpetual preferred stock with an aggregate liquidation preference of $120 and an initial fair value of $142. The convertible preferred stock pays quarterly cash dividends at a rate of 8% per year ($9.6 per year). Each share of convertible preferred stock is convertible at any time, at the option of the holder, into 44.9438 shares of common stock for a total of 5,393 thousand shares (reflecting an initial conversion price of approximately $22.25 per share of common stock), subject to customary anti-dilution adjustments.

Shareholder's Equity (Notes)

3 Months Ended

Mar. 31, 2017

Statement of Stockholders' Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Shareholders’ Equity



	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL⁽¹⁾			Former Parent Company Investment		Conduent Shareholders' Equity
Balance at December 31, 2016	$	2	$	3,812	$	—		$	(526	)	$	—	$	3,288
Comprehensive income, net	—		—		(6		)	15			—		9
Cash dividends paid - preferred stock⁽²⁾	—		—		(2		)	—			—		(2		)
Stock option and incentive plans, net	—		4		—			—			—		4
Balance at March 31, 2017	$	2	$	3,816	$	(8	)	$	(511	)	$	—	$	3,299



	Common Stock		Additional Paid-in Capital		Retained Earnings		AOCL⁽¹⁾			Former Parent Company Investment			Conduent Shareholders' Equity
Balance at December 31, 2015	$	—	$	—	$	—	$	(181	)	$	5,343		$	5,162
Comprehensive income (loss),net	—		—		—		9			(23		)	(14		)
Net transfers from former parent	—		—		—		—			241			241
Balance at March 31, 2016	$	—	$	—	$	—	$	(172	)	$	5,561		$	5,389

_____________________________


(1)	AOCL - Accumulated other comprehensive loss.


(2)	Cash dividends on preferred stock of $20.00 per share for the first quarter of 2017.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

+ Details

Earnings per Share (Notes)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

We did not declare any common stock dividends in the 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 March 31,
	2017			2016
Basic Earnings (Loss) per Share:
Net loss from continuing operations	$	(10	)	$	(23	)
Accrued dividends on preferred stock	(2		)	—
Adjusted Net Loss From Continuing Operations Available to Common Shareholders	(12		)	(23		)
Income from discontinued operations, net of tax	4			—
Adjusted Net Loss Available to Common Shareholders	$	(8	)	$	(23	)
Weighted average common shares outstanding	203,400			202,875

Basic Earnings (Loss) per Share:
Continuing operations	$	(0.06	)	$	(0.12	)
Discontinued operations	0.02			—
Basic Loss per Share	$	(0.04	)	$	(0.12	)

Diluted Earnings (Loss) per Share:
Net loss from continuing operations	$	(10	)	$	(23	)
Accrued dividends on preferred stock	(2		)	—
Adjusted net loss from continuing operations available to common shareholders	(12		)	(23		)
Net income from discontinued operations	4			—
Adjusted Net Loss Available to Common Shareholders	$	(8	)	$	(23	)
Weighted average common shares outstanding	203,400			202,875

Diluted Earnings (Loss) per Share:
Continuing operations	$	(0.06	)	$	(0.12	)
Discontinued operations	0.02			—
Diluted Loss per Share:	$	(0.04	)	$	(0.12	)

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	665			—
Restricted stock and performance shares	4,916			—
Convertible preferred stock	5,393			—
Total Anti-Dilutive Securities	10,974			—

Related Party Transactions and Former Parent Company Investment	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions and Parent Company Investment	Related Party Transaction In January 2017, in connection with the Separation, we paid Xerox $161 for final settlement per the Separation agreement. The Condensed Consolidated Statements of Income (Loss), Condensed Consolidated Statements of Comprehensive Loss and Condensed Consolidated Statements of Cash Flows, for the three months ended March 31, 2016 included an allocation of general corporate expenses from Xerox, the Company's former parent. Management considered these allocations to be a reasonable reflection of the utilization of services by, or the benefits provided. Allocations for management costs and corporate support services provided totaled $45 for the three months ended March 31, 2016. These amounts include costs for corporate functions including, but not limited to, senior management, legal, human resources, finance and accounting, treasury, information technology and other shared services. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of costs, headcount or other measures we have determined as reasonable.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details

Subsequent Event	3 Months Ended
Subsequent Event	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On April 7, 2017, we entered into Amendment No. 1 to the Credit Agreement, dated December 7, 2016. Refer to Note 6 - Debt for additional information.

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Operating segment revenues and profitability



	Three Months Ended March 31,
	Segment Revenue		Segment Profit (Loss)
2017
Commercial Industries	$	923	$	29
Public Sector	549		61
Other	81		(4		)
Total	$	1,553	$	86
2016
Commercial Industries	$	1,007	$	26
Public Sector	571		61
Other	107		(16		)
Total	$	1,685	$	71

Reconciliation to pre-tax income (loss)



	Three Months Ended March 31,
Reconciliation to Pre-tax Income (Loss)	2017			2016
Segment Profit	$	86		$	71
Reconciling items:
Amortization of intangible assets	(61		)	(75		)
Restructuring and related costs	(18		)	(26		)
Interest Expense	(36		)	(1		)
Related party interest	—			(10		)
Separation costs⁽¹⁾	(5		)	(3		)
Other income (expense), net	12			(10		)
Pre-tax Loss	$	(22	)	$	(54	)

__________________________

(1)

Accounts Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2017

Receivables [Abstract]

Schedule of accounts receivable, net

Accounts receivable, net were as follows:



	March 31, 2017			December 31, 2016
Amounts billed or billable	$	1,142		$	1,014
Unbilled amounts	272			279
Allowance for doubtful accounts	(6		)	(7		)
Accounts Receivable, Net	$	1,408		$	1,286

Restructuring Programs (Tables)

3 Months Ended

Mar. 31, 2017

Restructuring and Related Activities [Abstract]

Restructuring Program Activity

Information related to restructuring program activity during the three months ended March 31, 2017 is outlined below:



	Severance and Related Costs			Lease Cancellation and Other Costs			Asset Impairments⁽²⁾		Total
Balance at December 31, 2016	$	15		$	5		$	1	$	21
Restructuring provision	11			3			—		14
Reversals of prior accruals	(1		)	(1		)	—		(2		)
Net Current Period Charges⁽¹⁾	10			2			—		12
Charges against reserve and currency	(8		)	(1		)	—		(9		)
Balance at March 31, 2017	$	17		$	6		$	1	$	24

_____________________________


(1)	Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown.


(2)	Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision.

Reconciliation to the Condensed Consolidated Statements Of Cash Flows

Reconciliation to the Condensed Consolidated Statements of Cash Flows:



	Three Months Ended March 31,
	2017		2016
Charges against reserve	$	9	$	7
Restructuring Cash Payments	$	9	$	7

Total Costs incurred with Restructuring programs, by segment

The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment:



	Three Months Ended March 31,
	2017		2016
Commercial Industries	$	8	$	21
Public Sector	3		1
Other	1		3
Total Net Restructuring Charges	$	12	$	25

Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long term debt was as follows:



	March 31, 2017			December 31, 2016
Revolving credit facility	$	70		$	—
Term loan A due 2021⁽¹⁾	699			694
Term loan B due 2023	848			750
Senior notes due 2024	510			510
Capital lease obligations	48			43
Principal Debt Balance	$	2,175		$	1,997
Debt issuance costs and unamortized discounts	(54		)	(56		)
Less: current maturities	(46		)	(28		)
Total Long-term Debt	$	2,075		$	1,913

________


(1)	The aggregate principal debt for Term Loan A includes borrowings in both U.S Dollars and Euros.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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+ Details

Fair Value of Financial Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Fair value of financial assets and liabilities



	March 31, 2017		December 31, 2016
Assets:
Foreign exchange contracts - forwards	$	2	$	1
Deferred compensation investments in cash surrender life insurance	102		99
Deferred compensation investments in mutual funds	9		10
Total	$	113	$	110
Liabilities:
Foreign exchange contracts - forwards	$	1	$	3
Deferred compensation plan liabilities	117		113
Total	$	118	$	116

Estimated fair values of financial assets and liabilities not measured at fair value on a recurring basis

The estimated fair values of our other financial assets and liabilities not measured at fair value on a recurring basis were as follows:



	March 31, 2017				December 31, 2016
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	255	$	255	$	390	$	390
Restricted cash - related party	18		18		18		18
Accounts receivable, net	1,408		1,408		1,286		1,286
Short-term debt	46		46		28		28
Long-term debt	2,075		2,158		1,913		1,933

Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2017

Compensation and Retirement Disclosure [Abstract]

Components of net periodic benefit cost and other changes in plan assets and benefit obligations

The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:



	Three Months Ended March 31,
	Pension Benefits
	U.S. Plans						Non-U.S. Plans
Components of Net Periodic Benefit Costs:	2017			2016			2017			2016
Service cost	$	—		$	—		$	1		$	1
Interest cost	1			1			1			1
Expected return on plan assets	(1		)	(1		)	(2		)	(2		)
Defined Benefit Plans	—			—			—			—
Defined contribution plans	8			7			2			1
Net Periodic Benefit Cost	8			7			2			1

Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial gain	—			—			(1		)	—
Total Recognized in Other Comprehensive Loss	—			—			(1		)	—
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss	$	8		$	7		$	1		$	1

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:



	Three Months Ended March 31,
	Pension Benefits
	U.S. Plans						Non-U.S. Plans
Components of Net Periodic Benefit Costs:	2017			2016			2017			2016
Service cost	$	—		$	—		$	1		$	1
Interest cost	1			1			1			1
Expected return on plan assets	(1		)	(1		)	(2		)	(2		)
Defined Benefit Plans	—			—			—			—
Defined contribution plans	8			7			2			1
Net Periodic Benefit Cost	8			7			2			1

Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial gain	—			—			(1		)	—
Total Recognized in Other Comprehensive Loss	—			—			(1		)	—
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss	$	8		$	7		$	1		$	1

Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2017

Other Comprehensive Income (Loss) [Abstract]

Schedule of Comprehensive Income (Loss)

Other Comprehensive Income is comprised of the following:



	Three Months Ended March 31,
	2017				2016
	Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments Gains	$	12	$	12	$	7	$	7
Unrealized Gains:
Changes in fair value of cash flow hedges - gains	2		2		2		1
Changes in cash flow hedges reclassified to earnings⁽¹⁾	1		—		1		1
Net Unrealized Gains	3		2		3		2

Defined Benefit Plans Gains:
Net actuarial gains⁽²⁾	1		1		—		—
Changes in Defined Benefit Plans Gains	1		1		—		—

Other Comprehensive Income	$	16	$	15	$	10	$	9

_____________________________


(1)	Reclassified to Cost of outsourcing. Refer to Note 7 - Financial Instruments for additional information regarding our cash flow hedges.


(2)	Reclassified to Total Net Periodic Benefit Cost. Refer to Note 9 - Employee Benefit Plans for additional information.

Schedule of Accumulated Other Comprehensive Loss

L is comprised of the following:



	March 31, 2017			December 31, 2016
Cumulative translation adjustments	$	(460	)	$	(472	)
Other unrealized losses, net	1			(1		)
Benefit plans net actuarial losses and prior service credits	(52		)	(53		)
Total Accumulated Other Comprehensive Loss	$	(511	)	$	(526	)

Shareholder's Equity (Tables)

3 Months Ended

Mar. 31, 2017

Statement of Stockholders' Equity [Abstract]

Schedule of Stockholders Equity [Table Text Block]

Shareholders’ Equity



	Common Stock		Additional Paid-in Capital		Retained Earnings			AOCL⁽¹⁾			Former Parent Company Investment		Conduent Shareholders' Equity
Balance at December 31, 2016	$	2	$	3,812	$	—		$	(526	)	$	—	$	3,288
Comprehensive income, net	—		—		(6		)	15			—		9
Cash dividends paid - preferred stock⁽²⁾	—		—		(2		)	—			—		(2		)
Stock option and incentive plans, net	—		4		—			—			—		4
Balance at March 31, 2017	$	2	$	3,816	$	(8	)	$	(511	)	$	—	$	3,299



	Common Stock		Additional Paid-in Capital		Retained Earnings		AOCL⁽¹⁾			Former Parent Company Investment			Conduent Shareholders' Equity
Balance at December 31, 2015	$	—	$	—	$	—	$	(181	)	$	5,343		$	5,162
Comprehensive income (loss),net	—		—		—		9			(23		)	(14		)
Net transfers from former parent	—		—		—		—			241			241
Balance at March 31, 2016	$	—	$	—	$	—	$	(172	)	$	5,561		$	5,389

_____________________________


(1)	AOCL - Accumulated other comprehensive loss.


(2)	Cash dividends on preferred stock of $20.00 per share for the first quarter of 2017.

Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands):



	Three Months Ended March 31,
	2017			2016
Basic Earnings (Loss) per Share:
Net loss from continuing operations	$	(10	)	$	(23	)
Accrued dividends on preferred stock	(2		)	—
Adjusted Net Loss From Continuing Operations Available to Common Shareholders	(12		)	(23		)
Income from discontinued operations, net of tax	4			—
Adjusted Net Loss Available to Common Shareholders	$	(8	)	$	(23	)
Weighted average common shares outstanding	203,400			202,875

Basic Earnings (Loss) per Share:
Continuing operations	$	(0.06	)	$	(0.12	)
Discontinued operations	0.02			—
Basic Loss per Share	$	(0.04	)	$	(0.12	)

Diluted Earnings (Loss) per Share:
Net loss from continuing operations	$	(10	)	$	(23	)
Accrued dividends on preferred stock	(2		)	—
Adjusted net loss from continuing operations available to common shareholders	(12		)	(23		)
Net income from discontinued operations	4			—
Adjusted Net Loss Available to Common Shareholders	$	(8	)	$	(23	)
Weighted average common shares outstanding	203,400			202,875

Diluted Earnings (Loss) per Share:
Continuing operations	$	(0.06	)	$	(0.12	)
Discontinued operations	0.02			—
Diluted Loss per Share:	$	(0.04	)	$	(0.12	)

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	665			—
Restricted stock and performance shares	4,916			—
Convertible preferred stock	5,393			—
Total Anti-Dilutive Securities	10,974			—

Basis of Presentation Out of period adjustment (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income Tax Expense (Benefit)	$ (12)		$ (31)
Reduction to costs and expenses	(1,575)		(1,739)
Previously report
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income Tax Expense (Benefit)			$ (25)
Restatement Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income Tax Expense (Benefit)		$ (6)
Compensation-related Accrual Adjustment \| Restatement Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Reduction to costs and expenses	$ 4

Segment Reporting - Segment Revenue and Segment Profit (Loss) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017 USD ($) service_offering business	Mar. 31, 2016 USD ($)
Segment Reporting Information [Line Items]
Number of Publicly Traded Companies \| business	2
Primary reportable segments \| service_offering	3
Segment Revenue	$ 1,553	$ 1,685
Segment Profit (Loss)	86	71
Commercial Industries segment [Member]
Segment Reporting Information [Line Items]
Segment Revenue	923	1,007
Segment Profit (Loss)	29	26
Public Sector [Member]
Segment Reporting Information [Line Items]
Segment Revenue	549	571
Segment Profit (Loss)	61	61
Other Segments [Member]
Segment Reporting Information [Line Items]
Segment Revenue	81	107
Segment Profit (Loss)	$ (4)	$ (16)

Segment Reporting - Reconciliation Of Operating Profit Loss (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Profit	$ 86	$ 71
Reconciling items:
Amortization of intangible assets	(61)	(75)
Restructuring and related costs	(18)	(26)
Interest Expense	(36)	(1)
Related party interest	0	(10)
Separation costs	(5)	(3)
Other income (expense), net	12	(10)
Loss before Income Taxes	$ (22)	$ (54)

Segment Reporting Goodwill (Details) - Commercial Industries segment [Member] $ in Billions	Mar. 31, 2017 USD ($)
Goodwill [Line Items]
Goodwill, Fair Value Disclosure	$ 1.5
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	8.90%

Accounts Receivable, Net (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Amounts billed or billable	$ 1,142	$ 1,014
Unbilled amounts	272	279
Allowance for doubtful accounts	(6)	(7)
Accounts Receivable, Net	1,408	1,286
Billable contracts receivable to be invoiced in the subsequent month	$ 453	$ 429

Accounts Receivable, Net AR settlement (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Aged account receivable customer settlement [Line Items]
Accounts Receivable, Net, Current	$ 1,408	$ 1,286
customer settlement [Member]
Aged account receivable customer settlement [Line Items]
Proceeds from Legal Settlements	19
Accounts Receivable, Net, Current	5
gain on legal settlement	14
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	7
Gain (Loss) Related to Litigation Settlement	$ 7

- Definition

Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

Restructuring Programs (Details) $ in Millions	3 Months Ended
Restructuring Programs (Details) $ in Millions	Mar. 31, 2017 USD ($) Employees	Mar. 31, 2016 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated (approximately) \| Employees	700
Professional and Contract Services Expense	$ 6
Restructuring Reserve [Roll Forward]
Balance at beginning of period	21
Restructuring provision	14
Reversals of prior accruals	(2)
Net Current Period Charges	12	$ 25
Restructuring, Charges Against Reserve and Currency	9	7
Balance at end of period	24
Reconciliation To Consolidated Statements Of Cash Flows [Abstract]
Restructuring Cash Payments	9	7
Commercial Industries [Member]
Restructuring Reserve [Roll Forward]
Net Current Period Charges	8	21
Public Sector [Member]
Restructuring Reserve [Roll Forward]
Net Current Period Charges	3	1
Other [Member]
Restructuring Reserve [Roll Forward]
Net Current Period Charges	1	$ 3
Severance and Related Costs [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	15
Restructuring provision	11
Reversals of prior accruals	(1)
Net Current Period Charges	10
Restructuring, Charges Against Reserve and Currency	8
Balance at end of period	17
Lease Cancellation and Other Costs [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	5
Restructuring provision	3
Reversals of prior accruals	(1)
Net Current Period Charges	2
Restructuring, Charges Against Reserve and Currency	1
Balance at end of period	6
Asset Impairments [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	1
Restructuring provision	0
Reversals of prior accruals	0
Net Current Period Charges	0
Restructuring, Charges Against Reserve and Currency	0
Balance at end of period	$ 1

Debt - Debt Issuances (Details) - USD ($) $ in Millions	3 Months Ended
Debt - Debt Issuances (Details) - USD ($) $ in Millions	Mar. 31, 2017	Apr. 07, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Debt Instrument, Unamortized Discount	$ (54)		$ (56)
Long-term Debt and Capital Lease Obligations, Current	(46)		(28)
Long-term debt	$ 2,075		1,913
debt date of repricing	Apr. 07, 2017
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 70		0
Term Loan A due 2021 [Member]
Debt Instrument [Line Items]
Long term debt, net of translation	699		694
Term Loan B due 2023 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 848		750
Debt interest rate reduction	1.50%
Debt Instrument, Fee	1
Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 510		510
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	48		43
Long-term Debt, Parent [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 2,175		$ 1,997
Maximum [Member] \| Term Loan B due 2023 [Member]
Debt Instrument [Line Items]
Long Term debt interest rate over LIBOR	5.50%
Minimum [Member] \| Term Loan B due 2023 [Member]
Debt Instrument [Line Items]
Long Term debt interest rate over LIBOR	4.00%
Subsequent Event
Debt Instrument [Line Items]
Principal debt prepayment fee		$ 8
Subsequent Event \| Term Loan B due 2023 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 848
principal prepayment fee percent		1.00%

Financial Instruments - Foreign Exchange Risk Management (Details) $ in Millions	Mar. 31, 2017 USD ($)
Foreign Exchange Contracts [Line Items]
Gross Notional Value	$ 150
Designated as Hedging Instrument [Member]
Foreign Exchange Contracts [Line Items]
Average Maturity of Foreign Exchange Hedging Contracts - within Three Months	63.00%
Average Maturity of Foreign Exchange Hedging Contracts - within Three and Six Months	14.00%
Average Maturity of Foreign Exchange Hedging Contracts - within Six and Twelve Months	18.00%
Average Maturity of Foreign Exchange Hedging Contracts - greater than twelve months	5.00%

Fair Value of Financial Assets and Liabilities - Recurring (Details) - Fair Value, Measurements, Recurring [Member] - Significant Other Observable Inputs (Level 2) [Member] - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Assets:
Deferred compensation investments in cash surrender life insurance	$ 102	$ 99
Deferred compensation investments in mutual funds	9	10
Total	113	110
Liabilities:
Deferred compensation plan liabilities	117	113
Total	118	116
Foreign Exchange Forward [Member]
Assets:
Foreign exchange contracts	2	1
Liabilities:
Foreign derivative contracts	$ 1	$ 3

Fair Value of Financial Assets and Liabilities - Nonrecurring (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted cash - related party	$ 18	$ 18
Fair Value, Measurements, Nonrecurring [Member] \| Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	255	390
Accounts receivable, net	1,408	1,286
Short-term debt	46	28
Long-term debt	2,075	1,913
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	255	390
Accounts receivable, net	1,408	1,286
Short-term debt	46	28
Long-term debt	$ 2,158	$ 1,933

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Mar. 31, 2017	Mar. 31, 2016
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Total Recognized in Other Comprehensive Loss	$ (1)	$ 0
Pension Benefits
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer	2	6
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year	8
Anticipated total cash contributions to defined benefit and post retirement plans in the current year	10
U.S. Plans \| Pension Benefits
Components of Net Periodic Benefit Costs:
Service cost	0	0
Interest cost	1	1
Expected return on plan assets	(1)	(1)
Defined Benefit Plans	0	0
Defined contribution plans	8	7
Net Periodic Benefit Cost	8	7
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial gain	0	0
Total Recognized in Other Comprehensive Loss	0	0
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss	8	7
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer	1	4
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year	3
Anticipated total cash contributions to defined benefit and post retirement plans in the current year	4
Non-U.S. Plans \| Pension Benefits
Components of Net Periodic Benefit Costs:
Service cost	1	1
Interest cost	1	1
Expected return on plan assets	(2)	(2)
Defined Benefit Plans	0	0
Defined contribution plans	2	1
Net Periodic Benefit Cost	2	1
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
Net actuarial gain	(1)	0
Total Recognized in Other Comprehensive Loss	(1)	0
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss	1	1
Contributions [Abstract]
Defined Benefit Plan, Contributions by Employer	1	$ 2
Anticipated additional contributions to the defined benefit and post retirement plans in current fiscal year	5
Anticipated total cash contributions to defined benefit and post retirement plans in the current year	$ 6

Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2017

Mar. 31, 2016

Dec. 31, 2016

Other Comprehensive Income (Loss) [Abstract]

Translation Adjustments Gains (Losses), pre-tax

$ 12

$ 7

Translation Adjustments Gains (Losses), Net of Tax

^[1]

Changes in fair value of cash flow hedges - gains, pre-tax

Changes in fair value of cash flow hedges - gains, net of tax

Changes in cash flow hedges reclassed to earnings, pre-tax

^[2]

Changes in cash flow hedges reclassed to earnings, net of tax

^[2]

Net Unrealized Gains, pre-tax

Net Unrealized Gains, Net of Tax

^[1]

Actuarial loss amortization/settlement, pre-tax

^[3]

Actuarial loss amortization/settlement, net of tax

^[3]

Change in Defined Benefit Plans (Losses) Gains, Pre-tax

Change in Defined Benefit Plans (Losses) Gains, Net of Tax

^[1]

Other Comprehensive Income (Loss), pre-tax

Other Comprehensive Income (Loss), Net of Tax

^[1]

$ 9

Cumulative translation adjustments

(460)

$ (472)

Other unrealized losses, net

(1)

Benefit plans net actuarial losses and prior service credits

(52)

(53)

Total Accumulated Other Comprehensive Loss

$ (511)

$ (526)

[1]	Refer to Note 10 - Other Comprehensive Income for gross components of Other Comprehensive Income, reclassification adjustments out of Accumulated Other Comprehensive Loss and related tax effects.
[2]	Reclassified to Cost of outsourcing. Refer to Note 7 - Financial Instruments for additional information regarding our cash flow hedges.
[3]	Reclassified to Total Net Periodic Benefit Cost. Refer to Note 9 - Employee Benefit Plans for additional information.

Contingencies and Litigation - Other Contingencies (Details) loans in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017 USD ($) loans
Surety Bond [Member]
Guarantor Obligations [Line Items]
Maximum exposure, undiscounted	$ 642
Letter of Credit [Member]
Guarantor Obligations [Line Items]
Maximum exposure, undiscounted	$ 133
Federal Family Education Loan Program (FFEL) Guaranteed Loans [Member]
Guarantor Obligations [Line Items]
Outstanding Student Loan Portfolio, Loans \| loans	1.2
Outstanding Principal Balance - Student Loan Portfolio	$ 19,800
Reserves for losses on defaulted loans	$ 2
State Of Texas v. Xerox Corporation, Xerox State Healthcare, LLC, and ACS State Healthcare, LLC
Guarantor Obligations [Line Items]
Loss Contingency, Damages Sought, Multiplier Of Overpayment Amounts	2

Preferred Stock (Details) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2017 USD ($) $ / shares shares
Temporary Equity Disclosure [Abstract]
Preferred Stock, Shares Issued \| shares	120
Preferred Stock, Liquidation Preference, Value	$ 120.0
Preferred Stock, Value, Issued	$ 142.0
Preferred Stock, Dividend Rate, Percentage	8.00%
Preferred stock annual dividends	$ 9.6
Common Stock, Conversion Basis	44.9438
Convertible Preferred Stock, Shares Issued upon Conversion \| shares	5,393
Preferred Stock Initial Conversion Price per Share \| $ / shares	$ 22.25

Shareholder's Equity (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Stockholders' Equity Attributable to Parent	$ 3,299		$ 3,288
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 9	$ (14)
Transfers (To) From Parent		241
Preferred Stock, Dividends Per Share, Declared	$ 20.00
Common Stock [Member]
Stockholders' Equity Attributable to Parent	$ 2	0	2	$ 0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	0	0
Transfers (To) From Parent		0
Dividends, Preferred Stock, Cash	0
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	0
Additional Paid-in Capital [Member]
Stockholders' Equity Attributable to Parent	3,816	0	3,812	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	0	0
Transfers (To) From Parent		0
Dividends, Preferred Stock, Cash	0
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	4
Retained Earnings [Member]
Stockholders' Equity Attributable to Parent	(8)	0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(6)	0
Transfers (To) From Parent		0
Dividends, Preferred Stock, Cash	(2)
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	0
AOCI Attributable to Parent [Member]
Stockholders' Equity Attributable to Parent	(511)	(172)	(526)	(181)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	15	9
Transfers (To) From Parent		0
Dividends, Preferred Stock, Cash	0
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	0
Former parent investment [Member]
Stockholders' Equity Attributable to Parent	0	5,561	0	5,343
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	0	(23)
Transfers (To) From Parent		241
Dividends, Preferred Stock, Cash	0
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	0
Parent [Member]
Stockholders' Equity Attributable to Parent	3,299	$ 5,389	$ 3,288	$ 5,162
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	9
Dividends, Preferred Stock, Cash	(2)
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	$ 4

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Income from discontinued operations, net of tax	$ 4	$ 0
Loss from Continuing Operations, Per Basic Share	$ (0.06)	$ (0.12)
Earnings Per Share, Basic	(0.04)	(0.12)
Loss from Continuing Operations, Per Diluted Share	(0.06)	(0.12)
Earnings Per Share, Diluted	$ (0.04)	$ (0.12)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	10,974	0
Earnings (loss) per share, basic [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Loss from Continuing Operations Attributable to Parent	$ (10)	$ (23)
Accrued dividends on preferred stock, diluted	(2)	0
Adjusted Net Loss from Continuing Operations Available to Common Shareholders, Diluted	(12)	(23)
Income from discontinued operations, net of tax	4	0
Adjusted Net Loss Available to Common Shareholders, Common	$ (8)	$ (23)
Weighted Average Number of Shares Outstanding, Basic	203,400	202,875
Loss from Continuing Operations, Per Basic Share	$ (0.06)	$ (0.12)
Income from Discontinued Operation, Net of Tax, Per Basic Share	0.02	0.00
Earnings Per Share, Basic	$ (0.04)	$ (0.12)
Earnings (loss) per share, diluted [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Loss from Continuing Operations Attributable to Parent	$ (10)	$ (23)
Accrued dividends on preferred stock, diluted	(2)	0
Adjusted Net Loss from Continuing Operations Available to Common Shareholders, Diluted	(12)	(23)
Income from discontinued operations, net of tax	4	0
Adjusted Net Loss Available to Common Shareholders, Common	$ (8)	$ (23)
Weighted Average Number of Shares Outstanding, Basic	203,400	202,875
Loss from Continuing Operations, Per Diluted Share	$ (0.06)	$ (0.12)
Income from Discontinued Operation, Net of Tax, Per Diluted Share	0.02	0.00
Earnings Per Share, Diluted	$ (0.04)	$ (0.12)
Employee Stock Option [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	665	0
Restricted Stock and Performance Shares [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	4,916	0
Convertible Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	5,393	0

Related Party Trasactions and Former Parent Company Investment - Narrative (Details) - USD ($) $ in Millions		3 Months Ended
	Jan. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Related party payment at separation	$ 161
Corporate Cost Allocations		$ 45