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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenue $ 876 $ 946 $ 1,734 $ 1,852
Selling, general and administrative expenses 140 167 271 322
Research and development expenses 55 42 115 91
Total operating expenses 880 891 1,733 1,777
Income (loss) from operations (4) 55 1 75
Interest expense (41) (91) (80) (174)
Other income (expense), net (5) (8) (25) (12)
Income (loss) from continuing operations before income taxes (50) (44) (104) (111)
Income tax expense (benefit) 24 7 10 12
Income (loss) from continuing operations (74) (51) (114) (123)
Income (loss) from discontinued operations, net of tax 1 67 0 147
Net income (loss) (73) 16 (114) 24
Net income (loss) attributable to noncontrolling interests 0 0 (1) 0
Net income (loss) attributable to noncontrolling interests of discontinued operations 0 (1) 0 0
Net income (loss) attributable to NCR Voyix (73) 17 (113) 24
Amounts attributable to NCR Voyix common stockholders:        
Income (loss) from continuing operations (74) (51) (113) (123)
Series A convertible preferred stock dividends (4) (4) (8) (8)
Income (loss) from continuing operations attributable to NCR Voyix common stockholders (78) (55) (121) (131)
Income (loss) from discontinued operations, net of tax 1 68 0 147
Net income (loss) attributable to NCR Voyix common stockholders $ (77) $ 13 $ (121) $ 16
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ (0.54) $ (0.39) $ (0.84) $ (0.94)
Diluted (in dollars per share) (0.54) (0.39) (0.84) (0.94)
Net income (loss) per common share        
Basic (in dollars per share) (0.53) 0.09 (0.84) 0.11
Diluted (in dollars per share) $ (0.53) $ 0.09 $ (0.84) $ 0.11
Weighted average common shares outstanding        
Basic (in shares) 145.0 140.4 144.3 140.0
Diluted (in shares) 145.0 140.4 144.3 140.0
Product        
Total revenue $ 256 $ 311 $ 488 $ 599
Cost of revenue 232 269 431 536
Services        
Total revenue 620 635 1,246 1,253
Cost of revenue $ 453 $ 413 $ 916 $ 828