Xerox 2015 Annual Report Download - page 108

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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, 2015
Current
31-90
Days
Past Due
>90 Days
Past Due Total Billed Unbilled
Tot al
Finance
Receivables
>90 Days
and
Accruing
Finance and other services $7$2$2$11$
422 $433 $14
Government and education 11 1 4 16 537 553 37
Graphic arts 12 2 1 15 335 350 8
Industrial 4116
140 146 7
Healthcare 3115
115 120 9
Other 2114
125 129 7
Total United States 39 8 10 57 1,674 1,731 82
Canada 3—— 3
362 365 9
France ————
511 511 25
U.K./Ireland 1—— 1
328 329 1
Central(1) 3115
412 417 7
Southern(2) 82313
178 191 10
Nordic(3) 1 1 60 61 4
Total Europe 13 3 4 20 1,489 1,509 47
Other 19 2 1 22 479 501
Total $74$13 $15$
102 $4,004 $4,106 $138
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 4 1 1 6 145 151 9
Healthcare 3 1 4 120 124 5
Other 3 1 4 118 122 6
Total United States 43 10 659
1,669 1,728 64
Canada 92112
412 424 17
France 1 2 3 613 616 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
___________
(1) Switzerland, Germany, Austria, Belgium and Holland.
(2) Italy, Greece, Spain and Portugal.
(3) Sweden, Norway, Denmark and Finland.
91