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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total revenue $ 1,484,000,000 $ 1,710,000,000 $ 2,987,000,000 $ 3,246,000,000
Selling, general and administrative expenses 234,000,000 252,000,000 489,000,000 504,000,000
Research and development expenses 49,000,000 62,000,000 114,000,000 121,000,000
Total operating expenses 1,395,000,000 1,553,000,000 2,821,000,000 2,989,000,000
Operating Income (Loss) 89,000,000 157,000,000 166,000,000 257,000,000
Interest expense (57,000,000) (45,000,000) (107,000,000) (90,000,000)
Other expense, net (2,000,000) (9,000,000) (4,000,000) (17,000,000)
Income (loss) from continuing operations before income taxes 30,000,000 103,000,000 55,000,000 150,000,000
Income tax expense (benefit) (34,000,000) 15,000,000 (33,000,000) 24,000,000
Income (loss) from continuing operations 64,000,000 88,000,000 88,000,000 126,000,000
Loss from discontinued operations, net of tax 0 0 0 0
Net income (loss) 64,000,000 88,000,000 88,000,000 126,000,000
Net income (loss) attributable to noncontrolling interests 0 0 1,000,000 1,000,000
Net income (loss) attributable to NCR 64,000,000 88,000,000 87,000,000 125,000,000
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations 64,000,000 88,000,000 87,000,000 125,000,000
Dividends on convertible preferred stock (7,000,000) (12,000,000) (13,000,000) (25,000,000)
Income (loss) from continuing operations attributable to NCR common stockholders 57,000,000 76,000,000 74,000,000 100,000,000
Loss from discontinued operations, net of tax 0 0 0 0
Net income (loss) attributable to NCR common stockholders $ 57,000,000 $ 76,000,000 $ 74,000,000 $ 100,000,000
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ 0.45 $ 0.63 $ 0.58 $ 0.83
Diluted (in dollars per share) 0.44 0.58 0.57 0.81
Net income (loss) per common share        
Basic (in dollars per share) 0.45 0.63 0.58 0.83
Diluted (in dollars per share) $ 0.44 $ 0.58 $ 0.57 $ 0.81
Weighted average common shares outstanding        
Basic (in shares) 128.0 120.2 128.0 119.8
Diluted (in shares) 128.9 152.7 129.7 123.0
Product        
Total revenue $ 481,000,000 $ 664,000,000 $ 955,000,000 $ 1,203,000,000
Cost of revenue 411,000,000 539,000,000 802,000,000 992,000,000
Services        
Total revenue 1,003,000,000 1,046,000,000 2,032,000,000 2,043,000,000
Cost of revenue $ 701,000,000 $ 700,000,000 $ 1,416,000,000 $ 1,372,000,000