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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total revenue $ 1,550 $ 1,663 $ 4,604 $ 4,734
Selling, general and administrative expenses 226 220 732 678
Research and development expenses 59 53 190 178
Asset impairment charges 0 0 183 0
Total operating expenses 1,425 1,464 4,476 4,245
Income from operations 125 199 128 489
Interest expense (43) (42) (125) (122)
Other (expense), net (10) (7) (24) (16)
Income (loss) from continuing operations before income taxes 72 150 (21) 351
Income tax (benefit) expense (15) 31 (20) 78
Income (loss) from continuing operations 87 119 (1) 273
(Loss) income from discontinued operations, net of tax (1) 0 (38) 5
Net income (loss) 86 119 (39) 278
Net income attributable to noncontrolling interests 2 1 2 1
Net (loss) income attributable to NCR 84 118 (41) 277
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations 85 118 (3) 272
Series A convertible preferred stock dividends (12) (12) (36) (36)
Deemed dividend on modification of Series A convertible preferred stock 0 0 0 (4)
Deemed dividend on Series A convertible preferred stock related to redemption 0 0 0 (58)
Income (loss) from continuing operations attributable to NCR common stockholders 73 106 (39) 174
(Loss) income from discontinued operations, net of tax (1) 0 (38) 5
Net income (loss) attributable to NCR common stockholders $ 72 $ 106 $ (77) $ 179
Income (loss) per common share from continuing operations        
Basic earnings from continuing operations (in dollars per share) $ 0.62 $ 0.87 $ (0.33) $ 1.43
Income (Loss) from Continuing Operations, Per Diluted Share 0.57 0.77 (0.33) 1.37
Net income (loss) per common share        
Basic (in dollars per share) 0.61 0.87 (0.65) 1.47
Diluted (in dollars per share) $ 0.56 $ 0.77 $ (0.65) $ 1.41
Weighted average common shares outstanding        
Weighted average outstanding shares of common stock (in shares) 118.0 121.5 118.4 121.9
Diluted (in shares) 149.3 153.1 118.4 126.9
Product        
Total revenue $ 534 $ 657 $ 1,585 $ 1,829
Cost of products 473 528 1,344 1,430
Service        
Total revenue 1,016 1,006 3,019 2,905
Cost of products $ 667 $ 663 $ 2,027 $ 1,959