Company: CNDT
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001677703-25-000076
Chunk: 31

Company: CONDUENT Inc
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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idends - preferred stock, $20/share— — — (2)— — (2)Stock incentive plans, net— — 3 — — — 3 Treasury stock purchases— — — — — — Comprehensive Income (Loss):Net Income (Loss)— — — (51)— — (51)Other comprehensive income (loss), net— — — — 11 — 11 Total Comprehensive Income (Loss), Net— — — (51)11 — (40)Balance at March 31, 2025$2 $(210)$3,955 $(2,486)$(461)$4 $804 Three Months Ended March 31, 2024(in millions)Common StockTreasury StockAdditional Paid-in CapitalRetained Earnings (Deficit)AOCL(1)Non-controlling InterestShareholders'EquityBalance at December 31, 2023$2 $(27)$3,938 $(2,849)$(435)$4 $633 Dividends - preferred stock, $20/share— — — (2)— — (2)Stock incentive plans, net— — 3 — — — 3 Treasury stock purchases— (17)— — — — (17)Comprehensive Income (Loss):Net Income (Loss)— — — 99 — — 99 Other comprehensive income (loss), net— — — — (11)— (11)Total Comprehensive Income (Loss), Net— — — 99 (11)— 88 Balance at March 31, 2024$2 $(44)$3,941 $(2,752)$(446)$4 $705 

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(1)AOCL - Accumulated other comprehensive loss. Refer to Note 11 – Accumulated Other Comprehensive Loss for the components of AOCL.

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

CNDT Q1 2025 Form 10-Q7

Note 1 – Basis of Presentation

References herein to “we,” “us,” “our,” the “Company” and “Conduent” refer to Conduent Incorporated and its consolidated subsidiaries unless the context suggests otherwise.Description of BusinessConduent