Segment Information and Concentrations (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Revenue and Operating Income by Segment

The following table presents revenue and adjusted EBITDA by segment:

In millions	Three months ended September 30				Nine months ended September 30
	2021		2020		2021		2020
Revenue by segment
Banking	$	1,050	$	777	$	2,615	$	2,303
Retail	553		556		1,661		1,511
Hospitality	223		173		617		502
T&T	75		83		229		260
Consolidated revenue	$	1,901	$	1,589	$	5,122	$	4,576
Adjusted EBITDA by Segment
Banking	$	242	$	144	$	547	$	414
Retail	70		81		235		167
Hospitality	35		24		90		46
T&T	10		10		29		28
Corporate and Other	(5)		(10)		(10)		(17)
Total Adjusted EBITDA	$	352	$	249	$	891	$	638

For the three and nine months ended September 30, 2021, the operations of Cardtronics are included in the banking segment from the close date June 21, 2021.

The following table reconciles net income (loss) from continuing operations to Adjusted EBITDA:

In millions	Three months ended September 30				Nine months ended September 30
	2021		2020		2021		2020
Net income (loss) from continuing operations attributable to NCR	$	12	31		$	33	118
Transformation costs	5		19		20		32
Acquisition-related amortization of intangibles	45		21		88		62
Acquisition-related costs	9		—		92		—
Loss on Debt Extinguishment	42		20		42		20
Interest expense	68		60		174		167
Interest income	—		(3)		(4)		(5)
Depreciation and amortization (excluding acquisition-related amortization of intangibles)	104		70		250		201
Income tax expense (benefit)	29		—		77		(33)
Stock-based compensation expense	38		31		119		76
Total Adjusted EBITDA	$	352	$	249	$	891	$	638

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The following table presents revenue by geography for NCR:

In millions	Three months ended September 30				Nine months ended September 30
	2021		2020		2021		2020
Americas	$	1,185	$	962	$	3,121	$	2,740
Europe, Middle East and Africa (EMEA)	494		424		1,358		1,234
Asia Pacific (APJ)	222		203		643		602
Total revenue	$	1,901	$	1,589	$	5,122	$	4,576

Schedule of Revenues from Products and Services

The following table presents revenue from products and services for NCR:

In millions	Three months ended September 30				Nine months ended September 30
	2021		2020		2021		2020
Recurring revenue (1)	$	1,181	$	848	$	2,984	$	2,464
All other products and services	720		741		2,138		2,112
Total revenue	$	1,901	$	1,589	$	5,122	$	4,576

(1) Recurring revenue includes all revenue streams from contracts where there is a predictable revenue pattern that will occur at regular intervals with a relatively high degree of certainty. This includes hardware and software maintenance revenue, cloud revenue, payment processing revenue, interchange and network revenue, and certain professional services arrangements, as well as term-based software license arrangements that include customer termination rights.