Xerox 2014 Annual Report Download - page 102

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We generally continue to maintain equipment on lease and provide services to customers that have invoices for
finance receivables that are 90 days or more past due and, as a result of the bundled nature of billings, we also
continue to accrue interest on those receivables. However, interest revenue for such billings is only recognized if
collectability is deemed reasonably assured. The aging of our billed finance receivables is as follows:
December 31, 2014
Current
31-90
Days
Past Due
>90 Days
Past Due Total Billed Unbilled
Total
Finance
Receivables
>90 Days
and
Accruing
Finance and other services $7$2$1$10$
399 $409 $13
Government and education 14 4 3 21 584 605 25
Graphic arts 12 1 1 14 303 317 6
Industrial 4116
145 151 9
Healthcare 31—4
120 124 5
Other 31—4
118 122 6
Total United States 43 10 659
1,669 1,728 64
Canada 92112
412 424 17
France —123
613 616 35
U.K./Ireland 1—— 1
361 362 1
Central(1) 2215
533 538 15
Southern(2) 14 4 4 22 222 244 17
Nordic(3) 1 — — 1 74 75 2
Total Europe 18 7 7 32 1,803 1,835 70
Other 13 1 — 14 384 398 —
Total $83$20 $14$
117 $4,268 $4,385 $151
December 31, 2013
Current
31-90
Days
Past Due
>90 Days
Past Due Total Billed Unbilled
Total
Finance
Receivables
>90 Days
and
Accruing
Finance and other services $ 7 $ 2 $ 1 $ 10 $ 315 $325 $12
Government and education 17 4 3 24 647 671 34
Graphic arts 12 1 — 13 296 309 5
Industrial 3 1 1 5 130 135 6
Healthcare 3 1 — 4 111 115 5
Other 3 1 — 4 107 111 3
Total United States 45 10 560
1,606 1,666 65
Canada 43310
411 421 19
France ————
718 718 40
U.K./Ireland 1 1 — 2 410 412 2
Central(1) 3238
716 724 23
Southern(2) 21 5 7 33 314 347 45
Nordic(3) 2 — — 2 89 91 —
Total Europe 27 8 10 45 2,247 2,292 110
Other 81—9
295 304 —
Total $84$22 $18$
124 $4,559 $4,683 $194
___________
(1) Switzerland, Germany, Austria, Belgium and Holland.
(2) Italy, Greece, Spain and Portugal.
(3) Sweden, Norway, Denmark and Finland.
87