XML 31 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Redeemable Noncontrolling Interests
 6 Months Ended
Jun. 30, 2020
Redeemable Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block] Redeemable Noncontrolling Interests
Changes in the Company's redeemable noncontrolling interests balance are illustrated in the following table:
20202019
Balance at January 1$20.9  $130.4  
Other comprehensive income—  (1.7) 
Redemption value adjustment(0.8) (18.6) 
Redemption of shares—  (88.4) 
Balance at June 30 $20.1  $21.7  

At December 31, 2018, the balance related to the redeemable noncontrolling interest related to the Diebold Nixdorf AG ordinary shares the Company did not acquire was $99.1. In May 2019, the Company announced that the merger/squeeze-out of Diebold Nixdorf AG was completed, streamlining and simplifying the Company's corporate structure. In the second quarter of 2019, the Company increased its ownership stake in Diebold Nixdorf AG to 29.8 ordinary shares, 100.0 percent ownership. With the completion of the merger/squeeze-out, only Diebold Nixdorf, Incorporated remains publicly-listed and no longer has subsidiary shares traded in Germany.

The remaining balance of $20.1 as of June 30, 2020 relates to a certain noncontrolling interest in Europe, which has put right redemption features not within the control of the Company that are included in redeemable noncontrolling interests. The results of operations were not significant. The ultimate amount and timing of any future cash payments related to the put rights are uncertain.