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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total revenue $ 1,986 $ 1,997 $ 3,877 $ 3,863
Selling, general and administrative expenses 333 309 625 622
Research and development expenses 57 59 121 124
Total operating expenses 1,838 1,894 3,619 3,727
Income (loss) from operations 148 103 258 136
Interest expense (91) (67) (174) (130)
Other income (expense), net (8) 1 (11) 10
Income (loss) from continuing operations before income taxes 49 37 73 16
Income tax expense (benefit) 30 0 44 13
Income (loss) from continuing operations 19 37 29 3
Income (loss) from discontinued operations, net of tax (1) 6 (1) 5
Net income (loss) 18 43 28 8
Net income (loss) attributable to noncontrolling interests (1) 2 0 1
Net income (loss) attributable to NCR 19 41 28 7
Amounts attributable to NCR common stockholders:        
Income (loss) from continuing operations 20 35 29 2
Series A convertible preferred stock dividends (4) (4) (8) (8)
Income (loss) from continuing operations attributable to NCR common stockholders 16 31 21 (6)
Income (loss) from discontinued operations, net of tax (1) 6 (1) 5
Net income (loss) attributable to NCR common stockholders $ 15 $ 37 $ 20 $ (1)
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ 0.11 $ 0.23 $ 0.15 $ (0.04)
Diluted (in dollars per share) 0.11 0.22 0.15 (0.04)
Net income (loss) per common share        
Basic (in dollars per share) 0.11 0.27 0.14 (0.01)
Diluted (in dollars per share) $ 0.11 $ 0.26 $ 0.14 $ (0.01)
Weighted average common shares outstanding        
Basic (in shares) 140.4 136.6 140.0 136.2
Diluted (in shares) 141.9 140.8 142.0 136.2
Product        
Total revenue $ 576 $ 614 $ 1,097 $ 1,130
Cost of revenue 478 544 934 1,036
Services        
Total revenue 1,410 1,383 2,780 2,733
Cost of revenue $ 970 $ 982 $ 1,939 $ 1,945