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Segment Information and Concentrations
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Information and Concentrations
13. SEGMENT INFORMATION AND CONCENTRATIONS
The Company manages and reports its businesses in the following four segments:

Financial Services - We offer solutions to enable customers in the financial services industry to reduce costs, generate new revenue streams and enhance customer loyalty. These solutions include a comprehensive line of ATM and payment processing hardware and software; cash management and video banking software and customer-facing digital banking services; and related installation, maintenance, and managed and professional services. We also offer a complete line of printer consumables.
Retail Solutions - We offer solutions to customers in the retail industry designed to improve selling productivity and checkout processes as well as increase service levels. These solutions primarily include retail-oriented technologies, such as point of sale terminals and point of sale software; an omni-channel retail software platform with a comprehensive suite of retail software applications; innovative self-service kiosks, such as self-checkout; as well as bar-code scanners. We also offer installation, maintenance, managed and professional services and a complete line of printer consumables.
Hospitality - We offer technology solutions to customers in the hospitality industry, serving businesses that range from a single store or restaurant to global chains and sports and entertainment venues. Our solutions include point of sale hardware and software solutions, installation, maintenance, managed and professional services and a complete line of printer consumables.
Emerging Industries - We offer maintenance as well as managed and professional services for third-party computer hardware provided to select manufacturers, primarily in the telecommunications industry, who value and leverage our global service capability. Also included in our Emerging Industries segment are solutions designed to enhance the customer experience for the travel industry, such as self-service kiosks, and the small business industry, such as an all-in-one point of sale solution. Additionally, we offer installation, maintenance, and managed and professional services.

These segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the chief operating decision maker in assessing segment performance and in allocating the Company's resources. Management evaluates the performance of the segments based on revenue and segment operating income. Assets are not allocated to segments, and thus are not included in the assessment of segment performance, and consequently, we do not disclose total assets by reportable segment.
The accounting policies used to determine the results of the operating segments are the same as those utilized for the condensed consolidated financial statements as a whole. Intersegment sales and transfers are not material.
In recognition of the volatility of the effects of pension expense on our segment results, and to maintain operating focus on business performance, pension expense, as well as other significant, non-recurring items, is excluded from the segment operating results utilized by our chief operating decision maker in evaluating segment performance and are separately delineated to reconcile back to total reported income from operations.
 
The following table presents revenue and operating income by segment:
In millions
Three months ended September 30
 
Nine months ended September 30
2015
 
2014
 
2015
 
2014
Revenue by segment
 
 
 
 
 
 
 
Financial Services
$
820

 
$
899

 
$
2,458

 
$
2,593

Retail Solutions
523

 
489

 
1,473

 
1,482

Hospitality
177

 
168

 
497

 
487

Emerging Industries
93

 
91

 
265

 
261

Consolidated revenue
1,613

 
1,647

 
4,693

 
4,823

Operating income by segment
 
 
 
 
 
 
 
Financial Services
135

 
144

 
363

 
384

Retail Solutions
43

 
24

 
101

 
108

Hospitality
30

 
27

 
75

 
62

Emerging Industries
10

 
9

 
27

 
15

Subtotal - segment operating income
218

 
204

 
566

 
569

Pension expense
5

 
1

 
431

 
2

Other adjustments(1)
45

 
162

 
138

 
249

Income from operations
$
168

 
$
41

 
$
(3
)
 
$
318



(1) 
The following table presents the other adjustments for NCR:
In millions
Three months ended September 30
 
Nine months ended September 30
2015
 
2014
 
2015
 
2014
Restructuring plan
$
12

 
$
127

 
$
36

 
$
127

Acquisition-related amortization of intangible assets
31

 
29

 
94

 
89

Acquisition-related costs
2

 
5

 
7

 
25

Acquisition-related purchase price adjustments

 
1

 

 
6

OFAC and FCPA investigations

 

 
1

 
2

Total other adjustments
$
45

 
$
162

 
$
138

 
$
249



The following table presents revenue from products and services for NCR:
In millions
Three months ended September 30
 
Nine months ended September 30
2015
 
2014
 
2015
 
2014
Product revenue
$
688

 
$
721

 
$
1,995

 
$
2,077

Professional services, installation services and cloud revenue
435

 
436

 
1,256

 
1,250

Total solution revenue
1,123

 
1,157

 
3,251

 
3,327

Support services revenue
490

 
490

 
1,442

 
1,496

Total revenue
$
1,613

 
$
1,647

 
$
4,693

 
$
4,823