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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 1,214 $ 509
Accounts receivable, net 1,353 1,490
Inventories 747 784
Other current assets 463 361
Total current assets 3,777 3,144
Property, plant and equipment, net 399 413
Goodwill 2,821 2,832
Intangibles, net 580 607
Operating lease assets 362 391
Prepaid pension cost 176 178
Deferred Income Taxes and Other Assets, Noncurrent 808 821
Other assets 632 601
Total assets 9,555 8,987
Current liabilities    
Short-term borrowings 304 282
Accounts payable 790 840
Payroll and benefits liabilities 186 308
Contract with Customer, Liability, Current 616 502
Other current liabilities 510 606
Total current liabilities 2,406 2,538
Long-term debt 4,081 3,277
Pension and indemnity plan liabilities 855 858
Postretirement and postemployment benefits liabilities 112 111
Income tax accruals 89 92
Operating lease liabilities 346 369
Other liabilities 244 240
Total liabilities 8,133 7,485
Commitments and Contingencies (Note 8)
Series A convertible preferred stock: par value $0.01 per share, 3.0 shares authorized, 0.4 and 0.4 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively; redemption amount and liquidation preference of $399 as of March 31, 2020 and December 31, 2019, respectively 395 395
Stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 127.3 and 127.7 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 1 1
Paid-in capital 275 312
Retained earnings 1,077 1,060
Accumulated other comprehensive loss (329) (269)
Total NCR stockholders’ equity 1,024 1,104
Noncontrolling interests in subsidiaries 3 3
Total stockholders’ equity 1,027 1,107
Total liabilities and stockholders’ equity $ 9,555 $ 8,987