Employee Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Cost by Plan [Table Text Block]

As of December 31, 2021, the Company’s stock-based compensation consisted of restricted stock units, employee stock purchase plan and stock options. The Company recorded stock-based compensation expense for the years ended December 31 as follows:

In millions	2021		2020		2019
Restricted stock units	$	123	$	78	$	94
Employee stock purchase plan	8		6		4
Stock options	23		24		9
Stock-based compensation expense	154		108		107
Tax benefit	(18)		(13)		(12)
Total stock-based compensation (net of tax)	$	136	$	95	$	95

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

The following table reports restricted stock unit activity during the year ended December 31, 2021:

Shares in thousands	Number of Units	Weighted Average Grant-Date Fair Value per Unit
Unvested shares as of January 1	6,658	$	26.84
Shares granted	4,768	$	34.00
Shares converted per acquisition agreement	1,283	$	44.30
Shares vested	(4,263)	$	27.89
Shares forfeited	(524)	$	35.34
Unvested shares as of December 31	7,922	$	32.86

Stock-based compensation expense is recognized in the financial statements based upon fair value. The total fair value of units vested and distributed in the form of NCR common stock was $119 million in 2021, $74 million in 2020, and $78 million in 2019. As of December 31, 2021, there was $132 million of unrecognized compensation cost related to unvested restricted stock unit grants. The unrecognized compensation cost is expected to be recognized over a remaining weighted-average period of 1.0 year. The weighted average grant date fair value for restricted stock unit awards granted in 2020 and 2019 was $26.50 and

$24.31, respectively. The weighted average grant date fair value of restricted stock awards assumed through the Cardtronics acquisition is based on the fair value on the date assumed.

The following table represents the composition of restricted stock unit grants in 2021:

Shares in thousands	Number of Units	Weighted Average Grant-Date Fair Value
Service-based units	1,708	$	36.13
Performance-based units	3,060	$	32.81
Total restricted stock units	4,768	$	34.00

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	For the year ended December 31, 2020
Dividend yield	—
Risk-free interest rate	1.34	%
Expected volatility	34.63	%
Expected holding period - years	3.7

Share-based Payment Arrangement, Option, Activity [Table Text Block]

The following table summarizes the Company’s stock option activity for the year ended December 31, 2021:

Shares in thousands	Shares Under Option	Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1	9,798	$	32.82
Granted	—	—
Assumed through acquisition	192	$	28.93
Exercised	(832)	$	30.54
Forfeited or expired	(79)	$	30.64
Outstanding as of December 31	9,079	$	32.96	4.54	$	65.69
Fully vested and expected to vest as of December 31	4,987	$	33.91	4.83	$	31.39
Exercisable as of December 31	4,074	$	31.82	4.18	$	34.13