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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total revenue $ 1,677,000,000 $ 1,484,000,000 $ 3,221,000,000 $ 2,987,000,000
Selling, general and administrative expenses 303,000,000 234,000,000 541,000,000 489,000,000
Research and development expenses 69,000,000 49,000,000 135,000,000 114,000,000
Total operating expenses 1,593,000,000 1,395,000,000 3,027,000,000 2,821,000,000
Income (loss) from operations 84,000,000 89,000,000 194,000,000 166,000,000
Interest expense (61,000,000) (57,000,000) (106,000,000) (107,000,000)
Other expense, net (1,000,000) (2,000,000) (18,000,000) (4,000,000)
Income (loss) from continuing operations before income taxes 22,000,000 30,000,000 70,000,000 55,000,000
Income tax expense (benefit) 31,000,000 (34,000,000) 48,000,000 (33,000,000)
Income (loss) from continuing operations (9,000,000) 64,000,000 22,000,000 88,000,000
Loss from discontinued operations, net of tax 0 0 0 0
Net income (loss) (9,000,000) 64,000,000 22,000,000 88,000,000
Net income (loss) attributable to noncontrolling interests 0 0 1,000,000 1,000,000
Net income (loss) attributable to NCR (9,000,000) 64,000,000 21,000,000 87,000,000
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations (9,000,000) 64,000,000 21,000,000 87,000,000
Dividends on convertible preferred stock (4,000,000) (7,000,000) (8,000,000) (13,000,000)
Income (loss) from continuing operations attributable to NCR common stockholders (13,000,000) 57,000,000 13,000,000 74,000,000
Loss from discontinued operations, net of tax 0 0 0 0
Net income (loss) attributable to NCR common stockholders $ (13,000,000) $ 57,000,000 $ 13,000,000 $ 74,000,000
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ (0.10) $ 0.45 $ 0.10 $ 0.58
Diluted (in dollars per share) (0.10) 0.44 0.10 0.57
Net income (loss) per common share        
Basic (in dollars per share) (0.10) 0.45 0.10 0.58
Diluted (in dollars per share) $ (0.10) $ 0.44 $ 0.10 $ 0.57
Weighted average common shares outstanding        
Basic (in shares) 131.0 128.0 130.5 128.0
Diluted (in shares) 131.0 128.9 136.1 129.7
Product        
Total revenue $ 551,000,000 $ 481,000,000 $ 1,033,000,000 $ 955,000,000
Cost of revenue 453,000,000 411,000,000 861,000,000 802,000,000
Services        
Total revenue 1,126,000,000 1,003,000,000 2,188,000,000 2,032,000,000
Cost of revenue $ 768,000,000 $ 701,000,000 $ 1,490,000,000 $ 1,416,000,000