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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 398 $ 447
Accounts receivable, net of allowances of $26 and $24 as of June 30, 2022 and December 31, 2021, respectively 1,085 959
Inventories 858 754
Restricted cash 255 295
Other current assets 458 421
Total current assets 3,054 2,876
Property, plant and equipment, net 640 703
Goodwill 4,575 4,519
Intangibles, net 1,250 1,316
Operating lease assets 399 419
Prepaid pension cost 283 300
Deferred income taxes 734 732
Other assets 821 776
Total assets 11,756 11,641
Current liabilities    
Short-term borrowings 108 57
Accounts payable 949 826
Payroll and benefits liabilities 273 389
Contract liabilities 556 516
Settlement liabilities 242 263
Other current liabilities 705 757
Total current liabilities 2,833 2,808
Long-term debt 5,497 5,505
Pension and indemnity plan liabilities 753 789
Postretirement and postemployment benefits liabilities 119 119
Income tax accruals 108 116
Operating lease liabilities 378 388
Other liabilities 420 383
Total liabilities 10,108 10,108
Commitments and Contingencies (Note 10)
Series A convertible preferred stock: par value $0.01 per share, 3.0 shares authorized, 0.3 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively; redemption amount and liquidation preference of $276 as of June 30, 2022 and December 31, 2021, respectively 275 274
Stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 136.7 and 132.2 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 1 1
Paid-in capital 644 515
Retained earnings 1,030 1,031
Accumulated other comprehensive loss (305) (291)
Total NCR stockholders’ equity 1,370 1,256
Noncontrolling interests in subsidiaries 3 3
Total stockholders’ equity 1,373 1,259
Total liabilities and stockholders’ equity $ 11,756 $ 11,641