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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenue $ 1,997 $ 1,677 $ 3,863 $ 3,221
Selling, general and administrative expenses 309 303 622 541
Research and development expenses 59 69 124 135
Total operating expenses 1,894 1,593 3,727 3,027
Income (loss) from operations 103 84 136 194
Interest expense (67) (61) (130) (106)
Other income (expense), net 1 (1) 10 (18)
Income (loss) from continuing operations before income taxes 37 22 16 70
Income tax expense (benefit) 0 31 13 48
Income (loss) from continuing operations 37 (9) 3 22
Income (loss) from discontinued operations, net of tax 6 0 5 0
Net income (loss) 43 (9) 8 22
Net income (loss) attributable to noncontrolling interests 2 0 1 1
Net income (loss) attributable to NCR 41 (9) 7 21
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations 35 (9) 2 21
Series A convertible preferred stock dividends (4) (4) (8) (8)
Income (loss) from continuing operations attributable to NCR common stockholders 31 (13) (6) 13
Income (loss) from discontinued operations, net of tax 6 0 5 0
Net income (loss) attributable to NCR common stockholders $ 37 $ (13) $ (1) $ 13
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ 0.23 $ (0.10) $ (0.04) $ 0.10
Diluted (in dollars per share) 0.22 (0.10) (0.04) 0.10
Net income (loss) per common share        
Basic (in dollars per share) 0.27 (0.10) (0.01) 0.10
Diluted (in dollars per share) $ 0.26 $ (0.10) $ (0.01) $ 0.10
Weighted average common shares outstanding        
Basic (in shares) 136.6 131.0 136.2 130.5
Diluted (in shares) 140.8 131.0 136.2 136.1
Product        
Total revenue $ 614 $ 551 $ 1,130 $ 1,033
Cost of revenue 544 453 1,036 861
Services        
Total revenue 1,383 1,126 2,733 2,188
Cost of revenue $ 982 $ 768 $ 1,945 $ 1,490