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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 795 $ 259
Accounts receivable, net of allowances of $28 and $29 as of September 30, 2024 and December 31, 2023, respectively 623 414
Inventories 208 250
Restricted cash, current 26 21
Prepaid and other current assets 173 178
Current assets of discontinued operations 0 84
Total current assets 1,825 1,206
Property, plant and equipment, net 193 207
Goodwill 1,521 1,519
Intangibles, net 102 123
Operating lease assets 236 231
Prepaid pension cost 44 43
Deferred income taxes 225 237
Other assets 528 532
Noncurrent assets of discontinued operations 0 892
Total assets 4,674 4,990
Current liabilities    
Short-term borrowings 0 15
Accounts payable 400 440
Payroll and benefits liabilities 119 126
Contract liabilities 186 157
Settlement liabilities 40 39
Other current liabilities 782 421
Current liabilities of discontinued operations 0 135
Total current liabilities 1,527 1,333
Long-term debt 1,098 2,563
Pension and indemnity plan liabilities 165 160
Postretirement and postemployment benefits liabilities 38 43
Income tax accruals 59 64
Operating lease liabilities 253 251
Other liabilities 247 253
Noncurrent liabilities of discontinued operations 0 22
Total liabilities 3,387 4,689
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, 2024 and December 31, 2023; redemption amount and liquidation preference of $276 as of September 30, 2024 and December 31, 2023 276 276
NCR Voyix stockholders’ equity (deficit)    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 145.5 and 142.6 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 1 1
Paid-in capital 911 874
Retained earnings (deficit) 561 (421)
Accumulated other comprehensive loss (460) (429)
Total NCR Voyix stockholders’ equity (deficit) 1,013 25
Noncontrolling interests in subsidiaries (2) 0
Total stockholders’ equity (deficit) 1,011 25
Total liabilities and stockholders’ equity (deficit) $ 4,674 $ 4,990