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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 333 $ 328
Accounts receivable, net 1,306 1,251
Inventories 725 643
Other current assets 341 327
Total current assets 2,705 2,549
Property, plant and equipment, net 302 322
Goodwill 2,742 2,733
Intangibles, net 769 798
Prepaid pension cost 131 130
Deferred income taxes 577 582
Other assets 526 521
Total assets 7,752 7,635
Liabilities and stockholders’ equity    
Short-term borrowings 250 13
Accounts payable 649 657
Payroll and benefits liabilities 174 189
Deferred service revenue and customer deposits 509 476
Other current liabilities 402 446
Total current liabilities 1,984 1,781
Long-term debt 3,269 3,239
Pension and indemnity plan liabilities 702 696
Postretirement and postemployment benefits liabilities 132 133
Income tax accruals 169 167
Other liabilities 139 79
Total liabilities $ 6,395 $ 6,095
Commitments and Contingencies (Note 9)
Redeemable noncontrolling interest $ 10 $ 16
Series A convertible preferred stock: par value $0.01 per share, 3.0 shares authorized, 0.8 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively; redemption amount and liquidation preference of $835 and $824 as of March 31, 2016 and December 31, 2015, respectively 809 798
Stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of March 31, 2016 and December 31, 2015 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 124.9 and 133.0 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 1 1
Paid-in capital 0 0
Retained earnings 687 869
Accumulated other comprehensive loss (158) (150)
Total NCR stockholders’ equity 530 720
Noncontrolling interests in subsidiaries 8 6
Total stockholders’ equity 538 726
Total liabilities and stockholders’ equity $ 7,752 $ 7,635