Company: CNDT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001677703-25-000126
Chunk: 34

Company: CONDUENT Inc
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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7 million of restricted cash as of June 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 Q2 2025 Form 10-Q6

CONDUENT INCORPORATED

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED)

Three Months Ended June 30, 2025(in millions)Common StockTreasury StockAdditional Paid-in CapitalRetained Earnings (Deficit)AOCL(1)Non-controlling InterestShareholders'EquityBalance at March 31, 2025$2 $(210)$3,955 $(2,486)$(461)$4 $804 Dividends - preferred stock, $20/share— — — (3)— — (3)Stock incentive plans, net— — 5 — — — 5 Treasury stock purchases— (8)— — — (8)Buyback of noncontrolling interest— — (1)— — (4)(5)Comprehensive Income (Loss):Net Income (Loss)— — — (40)— — (40)Other comprehensive income (loss), net— — — — 24 — 24 Total Comprehensive Income (Loss), Net— — — (40)24 — (16)Balance at June 30, 2025$2 $(218)$3,959 $(2,529)$(437)$— $777 Three Months Ended June 30, 2024(in millions)Common StockTreasury StockAdditional Paid-in CapitalRetained Earnings (Deficit)AOCL(1)Non-controlling InterestShareholders'EquityBalance at March 31, 2024$2 $(44)$3,941 $(2,752)$(446)$4 $705 Dividends - preferred stock, $20/share— — — (3)— — (3)Stock incentive plans, net— — 6 — — — 6 Treasury stock purchases— (152)— — — — (152)Contribution from noncontrolling interest— — — —