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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 505 $ 447
Accounts receivable, net of allowances of $34 and $24 as of December 31, 2022 and 2021, respectively 1,083 959
Inventories 772 754
Restricted cash 228 295
Prepaid and other current assets 494 421
Total current assets 3,082 2,876
Property, plant and equipment, net 663 703
Goodwill 4,540 4,519
Intangibles, net 1,145 1,316
Operating lease assets 371 419
Prepaid pension cost 212 300
Deferred income taxes 598 732
Other assets 896 776
Total assets 11,507 11,641
Current liabilities    
Short-term borrowings 104 57
Accounts payable 942 826
Payroll and benefits liabilities 207 389
Contract liabilities 537 516
Settlement liabilities 250 263
Other current liabilities 673 757
Total current liabilities 2,713 2,808
Long-term debt 5,561 5,505
Pension and indemnity plan liabilities 614 789
Postretirement and postemployment benefits liabilities 91 119
Income tax accruals 97 116
Operating lease liabilities 353 388
Other liabilities 324 383
Total liabilities 9,753 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 December 31, 2022 and 2021; redemption amount and liquidation preference of $276 as of December 31, 2022 and 2021 275 274
Stockholders’ equity    
Preferred stock 0 0
Common stock 1 1
Paid-in capital 704 515
Retained earnings 1,075 1,031
Accumulated other comprehensive loss (300) (291)
Total NCR stockholders’ equity 1,480 1,256
Noncontrolling interests in subsidiaries (1) 3
Total stockholders’ equity 1,479 1,259
Total liabilities and stockholders’ equity $ 11,507 $ 11,641