XML 15 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Product revenue $ 618 $ 676 $ 1,172 $ 1,224
Service revenue 975 944 1,899 1,840
Total revenue 1,593 1,620 3,071 3,064
Cost of products 478 517 902 959
Cost of services 652 657 1,293 1,279
Selling, general and administrative expenses 227 229 456 453
Research and development expenses 58 50 125 103
Restructuring-related charges 0 4 0 6
Total operating expenses 1,415 1,457 2,776 2,800
Income from operations 178 163 295 264
Interest expense (41) (43) (80) (89)
Other (expense), net (7) (15) (14) (25)
Income from continuing operations before income taxes 130 105 201 150
Income tax expense 33 31 47 44
Income from continuing operations 97 74 154 106
Income from discontinued operations, net of tax (5) 0 (5) 0
Net income 102 74 159 106
Net loss attributable to noncontrolling interests 0 (2) 0 (2)
Net income attributable to NCR 102 76 159 108
Amounts attributable to NCR common stockholders:        
Income from continuing operations 97 76 154 108
Series A convertible preferred stock dividends (12) (13) (24) (24)
Deemed dividend on modification of Series A convertible preferred stock 0 0 (4) 0
Deemed dividend on preferred stock redemption 0 0 (58) 0
Income from continuing operations attributable to NCR common stockholders 85 63 68 84
Income from discontinued operations, net of tax (5) 0 (5) 0
Net income attributable to NCR common stockholders $ 90 $ 63 $ 73 $ 84
Income per common share from continuing operations        
Basic earnings from continuing operations (in dollars per share) $ 0.70 $ 0.51 $ 0.56 $ 0.66
Income (Loss) from Continuing Operations, Per Diluted Share 0.64 0.49 0.53 0.65
Net income per common share        
Basic (in dollars per share) 0.74 0.51 0.60 0.66
Diluted (in dollars per share) $ 0.67 $ 0.49 $ 0.57 $ 0.65
Weighted average common shares outstanding        
Weighted average outstanding shares of common stock (in shares) 121.4 123.8 122.1 127.1
Diluted (in shares) 152.7 154.5 127.2 129.6