XML 27 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue $ 963 $ 978 $ 967 $ 922 $ 966 $ 960 $ 950 $ 917 $ 1,889 $ 2,867 $ 3,830 $ 3,793 $ 3,692
Selling, general and administrative expenses   162 167 156         323 486 740 695 704
Research and development expenses   38 42 49         91 129 185 147 195
Total operating expenses   907 900 893         1,793 2,700 3,793 3,657 3,666
Income from operations (130) 71 67 29 58 55 24 (1) 96 167 37 136 26
Loss on extinguishment of debt   0 0 0         0 0 (46) 0 (42)
Interest expense   (83) (91) (83)         (174) (257) (294) (285) (238)
Other income (expense), net   (25) (9) (4)         (13) (38) (79) 18 (13)
Income (loss) from continuing operations before income taxes   (37) (33) (58)         (91) (128) (382) (131) (267)
Income tax expense (benefit)   185 8 7         15 200 204 72 70
Income (loss) from continuing operations (258) (222) (41) (65) (12) (38) (57) (96) (106) (328) (586) (203) (337)
Income (loss) from discontinued operations, net of tax (61) 94 57 73 (6) 107 100 61 130 224 163 262 435
Net income (loss) (319) (128) 16 8 (18) 69 43 (35) 24 (104) (423) 59 98
Net income (loss) attributable to noncontrolling interests   1 (1) 1         0 1 0 (1) 1
Net income (loss) attributable to NCR Voyix   (129) 17 7         24 (105) (423) 60 97
Amounts attributable to NCR Voyix common stockholders:                          
Income (loss) from continuing operations   (222) (41) (65)         (106) (328) (586) (203) (337)
Series A convertible preferred stock dividends   (4) (4) (4)         (8) (12) (16) (16) (16)
Income (loss) from continuing operations attributable to NCR Voyix   (226) (45) (69)         (114) (340) (602) (219) (353)
Income (loss) from discontinued operations, net of tax   93 58 72         130 223 163 263 434
Net income (loss) attributable to NCR Voyix common stockholders $ (322) $ (133) $ 13 $ 3 $ (20) $ 65 $ 37 $ (38) $ 16 $ (117) $ (439) $ 44 $ 81
Income (loss) per common share from continuing operations                          
Continuing operations. basic (in dollars per share) $ (1.85) $ (1.60) $ (0.32) $ (0.49) $ (0.12) $ (0.31) $ (0.46) $ (0.72) $ (0.81) $ (2.41) $ (4.28) $ (1.60) $ (2.69)
Diluted (in dollars per share) (1.85) (1.60) (0.32) (0.49) (0.12) (0.31) (0.46) (0.72) (0.81) (2.41) (4.28) (1.60) (2.69)
Net income (loss) per common share                          
Net income attributable to common shareholders, basic (in dollars per share) (2.28) (0.94) 0.09 0.02 (0.15) 0.47 0.27 (0.28) 0.11 (0.83) (3.12) 0.32 0.62
Diluted (in dollars per share) $ (2.28) $ (0.94) $ 0.09 $ 0.02 $ (0.15) $ 0.47 $ 0.27 $ (0.28) $ 0.11 $ (0.83) $ (3.12) $ 0.32 $ 0.62
Weighted average common shares outstanding                          
Basic (in shares)                     140.6 136.7 131.2
Diluted (net income)                     140.6 136.7 131.2
Product                          
Revenue   $ 318 $ 317 $ 292         $ 609 $ 927 $ 1,239 $ 1,274 $ 1,176
Cost of products   269 273 269         542 811 1,110 1,151 1,032
Service                          
Revenue   660 650 630         1,280 1,940 2,591 2,519 2,516
Cost of products   $ 438 $ 418 $ 419         $ 837 $ 1,274 $ 1,758 $ 1,664 $ 1,735