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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total revenue $ 1,783,000,000 $ 1,550,000,000 $ 5,029,000,000 $ 4,604,000,000
Selling, general and administrative expenses 271,000,000 226,000,000 775,000,000 732,000,000
Research and development expenses 64,000,000 59,000,000 185,000,000 190,000,000
Asset Impairment Charges 0 0 0 183,000,000
Total operating expenses 1,611,000,000 1,425,000,000 4,600,000,000 4,476,000,000
Income (loss) from operations 172,000,000 125,000,000 429,000,000 128,000,000
Interest expense (53,000,000) (43,000,000) (143,000,000) (125,000,000)
Other expense, net (11,000,000) (10,000,000) (28,000,000) (24,000,000)
Income (loss) from continuing operations before income taxes 108,000,000 72,000,000 258,000,000 (21,000,000)
Income tax expense (benefit) 4,000,000 (15,000,000) 28,000,000 (20,000,000)
Income (loss) from continuing operations 104,000,000 87,000,000 230,000,000 (1,000,000)
Loss from discontinued operations, net of tax (15,000,000) (1,000,000) (15,000,000) (38,000,000)
Net income (loss) 89,000,000 86,000,000 215,000,000 (39,000,000)
Net income (loss) attributable to noncontrolling interests (1,000,000) 2,000,000 0 2,000,000
Net income (loss) attributable to NCR 90,000,000 84,000,000 215,000,000 (41,000,000)
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations 105,000,000 85,000,000 230,000,000 (3,000,000)
Dividends on convertible preferred stock (79,000,000) (12,000,000) (104,000,000) (36,000,000)
Income (loss) from continuing operations attributable to NCR common stockholders 26,000,000 73,000,000 126,000,000 (39,000,000)
Loss from discontinued operations, net of tax (15,000,000) (1,000,000) (15,000,000) (38,000,000)
Net income (loss) attributable to NCR common stockholders $ 11,000,000 $ 72,000,000 $ 111,000,000 $ (77,000,000)
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ 0.21 $ 0.62 $ 1.05 $ (0.33)
Diluted (in dollars per share) 0.21 0.57 1.03 (0.33)
Net income (loss) per common share        
Basic (in dollars per share) 0.09 0.61 0.92 (0.65)
Diluted (in dollars per share) $ 0.09 $ 0.56 $ 0.90 $ (0.65)
Weighted average common shares outstanding        
Basic (in shares) 121.4 118.0 120.3 118.4
Diluted (in shares) 123.4 149.3 122.7 118.4
Product        
Total revenue $ 712,000,000 $ 534,000,000 $ 1,915,000,000 $ 1,585,000,000
Cost of revenue 555,000,000 473,000,000 1,547,000,000 1,344,000,000
Services        
Total revenue 1,071,000,000 1,016,000,000 3,114,000,000 3,019,000,000
Cost of revenue $ 721,000,000 $ 667,000,000 $ 2,093,000,000 $ 2,027,000,000