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Quarterly Information (unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information
17. QUARTERLY INFORMATION (UNAUDITED)
In millions, except per share amounts
 
First
 
Second
 
Third
 
Fourth
2016
 
 
 
 
 
 
 
 
Total revenue
 
$
1,444

 
$
1,620

 
$
1,677

 
$
1,802

Gross margin
 
380

 
446

 
477

 
479

Operating income
 
101

 
163

 
189

 
146

Income from continuing operations (attributable to NCR)
 
32

 
76

 
107

 
68

Income (loss) from discontinued operations, net of tax
 

 

 
(2
)
 
(11
)
Net income attributable to NCR
 
$
21

 
$
63

 
$
92

 
$
45

Income per share attributable to NCR common stockholders:
 
 
 
 
 
 
 
 
Income per common share from continuing operations
 
 
 
 
 
 
 
 
Basic
 
$
0.16

 
$
0.51

 
$
0.76

 
$
0.45

Diluted
 
$
0.16

 
$
0.49

 
$
0.69

 
$
0.43

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.16

 
$
0.51

 
$
0.74

 
$
0.36

Diluted
 
$
0.16

 
$
0.49

 
$
0.68

 
$
0.35

 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
Total revenue
 
$
1,476

 
$
1,604

 
$
1,613

 
$
1,680

Gross margin
 
390

 
146

 
457

 
476

Operating income (loss)
 
95

 
(266
)
 
168

 
138

Income (loss) from continuing operations (attributable to NCR)
 
40

 
(344
)
 
102

 
44

Income (loss) from discontinued operations, net of tax
 

 

 
(4
)
 
(20
)
Net income (loss) attributable to NCR
 
$
40

 
$
(344
)
 
$
98

 
$
24

Income (loss) per share attributable to NCR common stockholders:
 
 
 
 
 
 
 
 
Income (loss) per common share from continuing operations
 
 
 
 
 
 
 
 
Basic
 
$
0.24

 
$
(2.03
)
 
$
0.60

 
$
0.27

Diluted
 
$
0.23

 
$
(2.03
)
 
$
0.59

 
$
0.27

Net income (loss) per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.24

 
$
(2.03
)
 
$
0.58

 
$
0.15

Diluted
 
$
0.23

 
$
(2.03
)
 
$
0.57

 
$
0.15



Operating income for the quarter ended December 31, 2016 was impacted by actuarial losses related to the remeasurement of our pension plan assets and liabilities. The actuarial losses included in pension expense recognized in the quarter ended December 31, 2016 decreased operating income by $85 million, net income attributable to NCR by $78 million, basic earnings per share from continuing operations by $0.63, and diluted earnings per share from continuing operations by $0.50.

Operating income for the quarter ended December 31, 2015 was impacted by actuarial losses related to the remeasurement of our pension plan assets and liabilities. The actuarial losses included in pension expense recognized in the quarter ended December 31, 2015 decreased operating income by $29 million, net income attributable to NCR by $18 million, basic earnings per share from continuing operations by $0.11, and diluted earnings per share from continuing operations by $0.11.

Net income per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while net income per share for the full year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the four quarters’ net income per share will not necessarily equal the full-year net income per share.