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Quarterly Information (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information
18. QUARTERLY INFORMATION (UNAUDITED)
In millions, except per share amounts
 
First
 
Second
 
Third
 
Fourth
2019
 
 
 
 
 
 
 
 
Total revenue
 
$
1,536

 
$
1,710

 
$
1,783

 
$
1,886

Gross margin
 
411

 
471

 
507

 
532

Income from operations
 
100

 
157

 
172

 
182

Income from continuing operations (attributable to NCR)
 
37

 
88

 
105

 
384

Income (loss) from discontinued operations, net of tax
 

 

 
(15
)
 
(35
)
Net (loss) income attributable to NCR common stockholders
 
24

 
76

 
11

 
343

Income (loss) per share attributable to NCR common stockholders:
 
 
 
 
 
 
 
 
Income (loss) per common share from continuing operations
 
 
 
 
 
 
 
 
Basic
 
$
0.20

 
$
0.63

 
$
0.21

 
$
2.96

Diluted
 
$
0.20

 
$
0.58

 
$
0.21

 
$
2.67

Net (loss) income per common share
 
 
 
 
 
 
 
 
Basic
 
$
0.20

 
$
0.63

 
$
0.09

 
$
2.69

Diluted
 
$
0.20

 
$
0.58

 
$
0.09

 
$
2.43

 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
Total revenue
 
$
1,517

 
$
1,537

 
$
1,550

 
$
1,801

Gross margin
 
420

 
403

 
410

 
442

Income (loss) from operations
 
109

 
(106
)
 
125

 
63

Income (loss) from continuing operations (attributable to NCR)
 
55

 
(143
)
 
85

 
(33
)
(Loss) from discontinued operations, net of tax
 
(35
)
 
(2
)
 
(1
)
 
(14
)
Net income (loss) attributable to NCR common stockholders
 
8

 
(157
)
 
72

 
(60
)
Income (loss) per share attributable to NCR common stockholders:
 
 
 
 
 
 
 
 
Income (loss) per common share from continuing operations
 
 
 
 
 
 
 
 
Basic
 
$
0.36

 
$
(1.31
)
 
$
0.62

 
$
(0.39
)
Diluted
 
$
0.35

 
$
(1.31
)
 
$
0.57

 
$
(0.39
)
Net income (loss) per common share
 
 
 
 
 
 
 
 
Basic
 
$
0.07

 
$
(1.33
)
 
$
0.61

 
$
(0.51
)
Diluted
 
$
0.06

 
$
(1.33
)
 
$
0.56

 
$
(0.51
)


Operating income for the quarter ended December 31, 2019 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, 2019 decreased net income attributable to NCR by $66 million, basic earnings per share from continuing operations by $0.52, and diluted earnings per share from continuing operations by $0.46.

Operating income for the quarter ended December 31, 2018 was impacted by actuarial gains related to the remeasurement of our pension plan assets and liabilities. The actuarial gains included in pension expense recognized in the quarter ended December 31, 2018 increased net income attributable to NCR by $44 million, basic earnings per share from continuing operations by $0.37, and diluted earnings per share from continuing operations by $0.37.

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.