Cash Flow Statement

Currency: USD

	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024
Operating Cash Flow
Net Income	(512)	(647)	(1 118)	(322)	(194)	(249)	182	1	(183)
Depreciation & Amortization	399	297	283	270	262	256	254	251	246
Change in Deffered Taxes	0	0	0	(27)	0	0	0	(68)	0
Stock-Based Compensation	69	74	73	75	74	53	52	54	0
Other Non-Cash Items	653	685	1 137	370	359	525	95	237	376
Cash Taxes Paid	0	0	0	50	0	0	0	51	0
Cash Interest Paid	0	0	0	199	0	0	0	198	0
Change in Working Capital	244	33	(42)	(132)	(229)	(154)	(21)	265	158
Cash from Operating Activities	695 N/A	279 -60%	171 -39%	159 -7%	171 +8%	351 +105%	483 +38%	686 +42%	529 -23%
Investing Cash Flow
Capital Expenditures	(84)	(64)	(55)	(57)	(49)	(43)	(45)	(37)	(39)
Other Items	(76)	(11)	(71)	(21)	29	5	65	32	34
Cash from Investing Activities	(160) N/A	(75) +53%	(126) -68%	(78) +38%	(20) +74%	(38) -90%	20 N/A	(5) N/A	(5) N/A
Financing Cash Flow
Net Issuance of Common Stock	(1 001)	(588)	(501)	(113)	0	0	(544)	(544)	(547)
Net Issuance of Debt	(186)	(378)	(580)	(529)	(1 003)	(776)	(155)	(478)	309
Cash Paid for Dividends	(276)	(210)	(204)	(174)	(173)	(174)	(174)	(165)	(157)
Other	4	26	13	(6)	(2)	(10)	(13)	(15)	(41)
Cash from Financing Activities	(1 459) N/A	(1 150) +21%	(1 272) -11%	(822) +35%	(1 178) -43%	(960) +19%	(886) +8%	(1 202) -36%	(436) +64%
Change in Cash
Effect of Foreign Exchange Rates	(6)	(30)	(34)	(29)	(37)	(11)	(1)	(1)	(13)
Net Change in Cash	(930) N/A	(976) -5%	(1 261) -29%	(770) +39%	(1 064) -38%	(658) +38%	(384) +42%	(522) -36%	75 N/A
Free Cash Flow
Free Cash Flow	611 N/A	215 -65%	116 -46%	102 -12%	122 +20%	308 +152%	438 +42%	649 +48%	490 -24%

Xerox Holdings Corp
NASDAQ:XRX