Company: CNDT
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001677703-25-000152
Chunk: 35

Company: CONDUENT Inc
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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1)Includes $16 million and $11 million of restricted cash as of September 30, 2025 and 2024, respectively, that were included in Other current assets on the respective Condensed Consolidated Balance Sheets.

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

CNDT Q3 2025 Form 10-Q6

CONDUENT INCORPORATED

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED)

Three Months Ended September 30, 2025(in millions)Common StockTreasury StockAdditional Paid-in CapitalRetained Earnings (Deficit)AOCL(1)Non-controlling InterestShareholders'EquityBalance at June 30, 2025$2 $(218)$3,959 $(2,529)$(437)$— $777 Dividends - preferred stock, $20/share— — — (2)— — (2)Stock incentive plans, net— — 5 — — — 5 Treasury stock purchases— (13)— — — (13)Buyback of noncontrolling interest— — — — — — — Comprehensive Income (Loss):Net Income (Loss)— — — (46)— — (46)Other comprehensive income (loss), net— — — — (4)— (4)Total Comprehensive Income (Loss), Net— — — (46)(4)— (50)Balance at September 30, 2025$2 $(231)$3,964 $(2,577)$(441)$— $717 Three Months Ended September 30, 2024(in millions)Common StockTreasury StockAdditional Paid-in CapitalRetained Earnings (Deficit)AOCL(1)Non-controlling InterestShareholders'EquityBalance at June 30, 2024$2 $(196)$3,947 $(2,539)$(463)$4 $755 Dividends - preferred stock, $20/share— — — (2)— — (2)Stock incentive plans, net— — 5 — — — 5 Treasury stock purchases— (14)— — — — (14)Contribution from noncontrolling interest—