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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 675 $ 505
Accounts receivable, net of allowances of $42 and $34 as of September 30, 2023 and December 31, 2022, respectively 950 1,083
Inventories 725 772
Restricted cash, current 270 228
Prepaid and other current assets 473 494
Total current assets 3,093 3,082
Property, plant and equipment, net 692 663
Goodwill 4,537 4,540
Intangibles, net 1,010 1,145
Operating lease assets 337 371
Prepaid pension cost 225 212
Deferred income taxes 430 598
Restricted cash, non-current 2,068 7
Other assets 831 889
Total assets 13,223 11,507
Current liabilities    
Short-term borrowings 113 104
Accounts payable 820 942
Payroll and benefits liabilities 318 207
Contract liabilities 536 537
Settlement liabilities 233 250
Other current liabilities 660 673
Total current liabilities 2,680 2,713
Long-term debt 7,416 5,561
Pension and indemnity plan liabilities 641 614
Postretirement and postemployment benefits liabilities 108 91
Income tax accruals 100 97
Operating lease liabilities 324 353
Other liabilities 307 324
Total liabilities 11,576 9,753
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 September 30, 2023 and December 31, 2022; redemption amount and liquidation preference of $276 as of September 30, 2023 and December 31, 2022 275 275
NCR stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 140.9 and 138.0 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 1 1
Paid-in capital 806 704
Retained earnings 967 1,075
Accumulated other comprehensive loss (402) (300)
Total NCR stockholders’ equity 1,372 1,480
Noncontrolling interests in subsidiaries 0 (1)
Total stockholders’ equity 1,372 1,479
Total liabilities and stockholders’ equity $ 13,223 $ 11,507