View Filing Data

Print Document View Excel Document

Cover Page - shares shares in Millions	6 Months Ended
Cover Page - shares shares in Millions	Jun. 30, 2020	Jul. 17, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Entity File Number	001-00395
Entity Registrant Name	NCR CORP
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	31-0387920
Entity Address, Address Line One	864 Spring Street NW
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30308
City Area Code	937
Local Phone Number	445-5000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	NCR
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		128.4
Entity Central Index Key	0000070866
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Document Transition Report	false

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Total revenue	$ 1,484,000,000	$ 1,710,000,000	$ 2,987,000,000	$ 3,246,000,000
Selling, general and administrative expenses	234,000,000	252,000,000	489,000,000	504,000,000
Research and development expenses	49,000,000	62,000,000	114,000,000	121,000,000
Total operating expenses	1,395,000,000	1,553,000,000	2,821,000,000	2,989,000,000
Operating Income (Loss)	89,000,000	157,000,000	166,000,000	257,000,000
Interest expense	(57,000,000)	(45,000,000)	(107,000,000)	(90,000,000)
Other expense, net	(2,000,000)	(9,000,000)	(4,000,000)	(17,000,000)
Income (loss) from continuing operations before income taxes	30,000,000	103,000,000	55,000,000	150,000,000
Income tax expense (benefit)	(34,000,000)	15,000,000	(33,000,000)	24,000,000
Income (loss) from continuing operations	64,000,000	88,000,000	88,000,000	126,000,000
Loss from discontinued operations, net of tax	0	0	0	0
Net income (loss)	64,000,000	88,000,000	88,000,000	126,000,000
Net income (loss) attributable to noncontrolling interests	0	0	1,000,000	1,000,000
Net income (loss) attributable to NCR	64,000,000	88,000,000	87,000,000	125,000,000
Amounts attributable to NCR common stockholders:
Income (loss) from continuing operations	64,000,000	88,000,000	87,000,000	125,000,000
Dividends on convertible preferred stock	(7,000,000)	(12,000,000)	(13,000,000)	(25,000,000)
Income (loss) from continuing operations attributable to NCR common stockholders	57,000,000	76,000,000	74,000,000	100,000,000
Loss from discontinued operations, net of tax	0	0	0	0
Net income (loss) attributable to NCR common stockholders	$ 57,000,000	$ 76,000,000	$ 74,000,000	$ 100,000,000
Income (loss) per common share from continuing operations
Basic (in dollars per share)	$ 0.45	$ 0.63	$ 0.58	$ 0.83
Diluted (in dollars per share)	0.44	0.58	0.57	0.81
Net income (loss) per common share
Basic (in dollars per share)	0.45	0.63	0.58	0.83
Diluted (in dollars per share)	$ 0.44	$ 0.58	$ 0.57	$ 0.81
Weighted average common shares outstanding
Basic (in shares)	128.0	120.2	128.0	119.8
Diluted (in shares)	128.9	152.7	129.7	123.0
Product
Total revenue	$ 481,000,000	$ 664,000,000	$ 955,000,000	$ 1,203,000,000
Cost of revenue	411,000,000	539,000,000	802,000,000	992,000,000
Services
Total revenue	1,003,000,000	1,046,000,000	2,032,000,000	2,043,000,000
Cost of revenue	$ 701,000,000	$ 700,000,000	$ 1,416,000,000	$ 1,372,000,000

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 64	$ 88	$ 88	$ 126
Currency translation adjustments
Currency translation gains (losses)	17	(8)	(44)	11
Derivatives
Unrealized gains (losses) on derivatives	(3)	0	0	1
Gains on derivatives recognized during the period	0	(2)	(1)	(3)
Less income tax	1	1	0	1
Employee benefit plans
Amortization of prior service benefit	(1)	(2)	(2)	(4)
Amortization of actuarial losses (gains)	(1)	0	(2)	(1)
Less income tax	1	0	2	0
Other comprehensive income (loss)	14	(11)	(47)	5
Total comprehensive income (loss)	78	77	41	131
Less comprehensive income attributable to noncontrolling interests:
Net income (loss)	0	0	1	1
Currency translation adjustments	0	0	(1)	0
Amounts attributable to noncontrolling interests	0	0	0	1
Comprehensive income (loss) attributable to NCR	$ 78	$ 77	$ 41	$ 130

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Assets, Current [Abstract]
Cash and cash equivalents	$ 1,681	$ 509
Accounts receivable, net of allowances of $54 and $44 as of June 30, 2020 and December 31, 2019, respectively	1,249	1,490
Inventories	782	784
Other current assets	424	361
Total current assets	4,136	3,144
Property, Plant and Equipment, Net	394	413
Goodwill	2,823	2,832
Intangible Assets, Net (Excluding Goodwill)	562	607
Operating Lease, Right-of-Use Asset	347	391
Assets for Plan Benefits, Defined Benefit Plan	182	178
Deferred Income Taxes and Other Assets, Noncurrent	849	821
Other Assets, Noncurrent	656	601
Assets, Total	9,949	8,987
Liabilities, Current [Abstract]
Short-term Debt	217	282
Accounts Payable, Current	680	840
Employee-related Liabilities, Current	249	308
Contract with Customer, Liability, Current	563	502
Other Liabilities, Current	585	606
Liabilities, Current, Total	2,294	2,538
Long-term debt	4,473	3,277
Pension and indemnity plan liabilities	864	858
Postretirement and postemployment benefits liabilities	114	111
Income tax accruals	91	92
Operating lease liabilities	334	369
Other liabilities	254	240
Liabilities, Total	8,424	7,485
Commitments and Contingencies (Note 9)
Series A Convertible Preferred Stock, par value $0.01, 3.0 shares authorized	402	395
Stockholders’ equity
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	0	0
Common stock: par value $0.01 per share, 500.0 shares authorized, 128.2 and 127.7 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	1	1
Paid-in capital	300	312
Retained earnings	1,134	1,060
Accumulated other comprehensive loss	(315)	(269)
Total NCR stockholders’ equity	1,120	1,104
Noncontrolling interests in subsidiaries	3	3
Total stockholders’ equity	1,123	1,107
Total liabilities and stockholders’ equity	$ 9,949	$ 8,987

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Allowance for credit losses:
Accounts Receivable, Allowance for Credit Loss, Current	$ (54)	$ (44)
Convertible Preferred Stock:
Series A convertible preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Series A convertible preferred stock, authorized (in shares)	3,000,000.0	3,000,000.0
Series A preferred shares, redemption amount	$ 405	$ 399
Series A preferred shares, liquidation preference	$ 405	$ 399
Series A convertible preferred stock, issued (in shares)	400,000	400,000
Series A convertible preferred stock, outstanding (in shares)	400,000	400,000
Stockholders' Equity:
Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock shares authorized (in shares)	100,000,000	100,000,000
Preferred Stock shares issued (in shares)	0	0
Preferred Stock shares outstanding (in shares)	0	0
Common Stock par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock shares authorized (in shares)	500,000,000	500,000,000
Common Stock shares issued (in shares)	128,200,000	127,700,000
Common Stock shares outstanding (in shares)	128,200,000	127,700,000

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net income (loss)	$ 88	$ 126
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations	0	0
Depreciation and amortization	176	160
Stock-based compensation expense	45	48
Deferred income taxes	(30)	(17)
Impairment of other assets	4	0
Gain on sale of property, plant and equipment	(2)	(6)
Changes in assets and liabilities:
Receivables	253	(71)
Inventories	(14)	(64)
Current payables and accrued expenses	(230)	(144)
Contract liabilities	56	76
Employee benefit plans	(3)	(9)
Other assets and liabilities	(60)	(28)
Net cash provided by operating activities	283	71
Investing activities
Expenditures for property, plant and equipment	(18)	(35)
Proceeds from sale of property, plant and equipment	7	11
Additions to capitalized software	(122)	(103)
Business acquisitions, net	(25)	(12)
Purchases of investments	(6)	0
Proceeds from sales of investments	11	0
Other investing activities, net	(1)	5
Net Cash Provided by (Used in) Investing Activities	(154)	(134)
Financing activities
Short term borrowings, net	0	4
Payments on term credit facilities	(4)	(39)
Payments on revolving credit facilities	(666)	(914)
Proceeds from Issuance of Secured Debt	3	0
Borrowings on revolving credit facilities	1,404	897
Proceeds from Issuance of Unsecured Debt	400	0
Payments of Debt Issuance Costs	(8)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(6)	0
Repurchases of Common Stock	(41)	0
Proceeds from employee stock plans	9	10
Tax withholding payments on behalf of employees	(25)	(16)
Increase (Decrease) in Client Funds Held	(3)	0
Proceeds from (Payments for) Other Financing Activities	(6)	0
Net Cash Provided by (Used in) Financing Activities	1,057	(58)
Cash flows from discontinued operations
Net cash provided by (used in) operating activities	6	(11)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(16)	1
Increase (decrease) in cash, cash equivalents, and restricted cash	1,176	(131)
Cash and cash equivalents at beginning of period	563	532
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	$ 1,739	$ 401

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) shares in Millions, $ in Millions	Total	Total Stockholders Equity	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Non-Redeemable Noncontrolling Interests in Subsidiaries
Balance at beginning of period (in shares) at Dec. 31, 2018			119.0
Balance at beginning of period at Dec. 31, 2018		$ 399	$ 1	$ 34	$ 606	$ (246)	$ 4
Comprehensive income:
Net income		38			37		1
Other comprehensive income		16				16
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest		54			37	16	1
Employee stock purchase and stock compensation plans (in shares)			1.0
Employee stock purchase and stock compensation plans		14		14
Series A convertible preferred stock dividends		(13)			(13)
Balance at end of period (in shares) at Mar. 31, 2019			120.0
Balance at end of period at Mar. 31, 2019		454	$ 1	48	630	(230)	5
Balance at beginning of period (in shares) at Dec. 31, 2018			119.0
Balance at beginning of period at Dec. 31, 2018		399	$ 1	34	606	(246)	4
Comprehensive income:
Other comprehensive income	$ 5
Balance at end of period (in shares) at Jun. 30, 2019			120.0
Balance at end of period at Jun. 30, 2019		547	$ 1	76	706	(241)	5
Balance at beginning of period (in shares) at Mar. 31, 2019			120.0
Balance at beginning of period at Mar. 31, 2019		454	$ 1	48	630	(230)	5
Comprehensive income:
Net income		88			88
Other comprehensive income	$ (11)	(11)				(11)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest		77			88	(11)
Employee stock purchase and stock compensation plans		28		28
Series A convertible preferred stock dividends		(12)			(12)
Repurchase of Company common stock		0		0	0
Balance at end of period (in shares) at Jun. 30, 2019			120.0
Balance at end of period at Jun. 30, 2019		547	$ 1	76	706	(241)	5
Balance at beginning of period (in shares) at Dec. 31, 2019	127.7		127.0
Balance at beginning of period at Dec. 31, 2019	$ 1,107	1,107	$ 1	312	1,060	(269)	3
Comprehensive income:
Net income		24			23		1
Other comprehensive income		(61)				(60)	(1)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest		(37)			23	(60)	0
Employee stock purchase and stock compensation plans (in shares)			2.0
Employee stock purchase and stock compensation plans		4		4
Series A convertible preferred stock dividends		(6)			(6)
Repurchase of Company common stock (in shares)			(2.0)
Repurchase of Company common stock		(41)		(41)
Balance at end of period (in shares) at Mar. 31, 2020			127.0
Balance at end of period at Mar. 31, 2020		1,027	$ 1	275	1,077	(329)	3
Balance at beginning of period (in shares) at Dec. 31, 2019	127.7		127.0
Balance at beginning of period at Dec. 31, 2019	$ 1,107	1,107	$ 1	312	1,060	(269)	3
Comprehensive income:
Other comprehensive income	$ (47)
Balance at end of period (in shares) at Jun. 30, 2020	128.2		128.0
Balance at end of period at Jun. 30, 2020	$ 1,123	1,123	$ 1	300	1,134	(315)	3
Balance at beginning of period (in shares) at Mar. 31, 2020			127.0
Balance at beginning of period at Mar. 31, 2020		1,027	$ 1	275	1,077	(329)	3
Comprehensive income:
Net income		64			64
Other comprehensive income	$ 14	14				14
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest		78			64	14
Employee stock purchase and stock compensation plans (in shares)			1.0
Employee stock purchase and stock compensation plans		25		25
Series A convertible preferred stock dividends		(7)			(7)
Balance at end of period (in shares) at Jun. 30, 2020	128.2		128.0
Balance at end of period at Jun. 30, 2020	$ 1,123	$ 1,123	$ 1	$ 300	$ 1,134	$ (315)	$ 3

Basis of Presentation and Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying Condensed Consolidated Financial Statements have been prepared by NCR Corporation (NCR, the Company, we or us) without audit pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC) and, in the opinion of management, include all adjustments (consisting of normal, recurring adjustments, unless otherwise disclosed) necessary for a fair statement of the consolidated results of operations, financial position, and cash flows for each period presented. The consolidated results for the interim periods are not necessarily indicative of results to be expected for the full year. The 2019 year-end Condensed Consolidated Balance Sheet was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (GAAP). These financial statements should be read in conjunction with NCR’s Form 10-K for the year ended December 31, 2019.

Use of Estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and revenue and expenses during the period reported.

Although our estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could differ from our expectations, which could materially affect our results of operations and financial position. In particular, a number of estimates have been and will continue to be affected by the ongoing novel coronavirus (COVID-19) pandemic. The severity, magnitude and duration of the COVID-19 pandemic, and the resulting economic consequences, are uncertain, rapidly changing and difficult to predict. As a result, our accounting estimates and assumptions may change over time as a consequence of the effects of COVID-19.

Such changes could result in future impairments of goodwill, intangible assets, long-lived assets, incremental credit losses on accounts receivable and decreases in the carrying amount of our tax assets.

Evaluation of Subsequent Events The Company evaluated subsequent events through the date that our Condensed Consolidated Financial Statements were issued. No matters were identified that required adjustment of the Condensed Consolidated Financial Statements or additional disclosure.

Cash, Cash Equivalents, and Restricted Cash All short-term, highly liquid investments having original maturities of three months or less, including time deposits, are considered to be cash equivalents. The Company has restricted cash on deposit with a bank as collateral for letters of credit, funds held for clients as well as cash included in settlement assets. Refer to Note 2, Revisions of Previously Issued Financial Statements, for disclosure related to the revision to include funds held for clients and cash included in settlement processing assets within cash, cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows.

The reconciliation of cash, cash equivalents and restricted cash in the Condensed Consolidated Statements of Cash Flows is as follows:


In millions	June 30
			2020			2019 As Revised
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,681		$	335
Restricted cash included in other assets	9			10
Funds held for clients included in other current assets	28			46
Cash included in settlement processing assets included in other current assets	21			10
Total cash, cash equivalents and restricted cash	$	1,739		$	401

Contract Assets and Liabilities The following table presents the net contract asset and contract liability balances as of June 30, 2020 and December 31, 2019.


In millions	Location in the Condensed Consolidated Balance Sheet	June 30, 2020		December 31, 2019
Current portion of contract assets	Other current assets	$	4	$	9
Current portion of contract liabilities	Contract liabilities	$	563	$	502
Non-current portion of contract liabilities	Other liabilities	$	80	$	81

During the three months ended June 30, 2020, the Company recognized $303 million in revenue that was included in contract liabilities as of December 31, 2019.

Remaining Performance Obligations Remaining performance obligations represent the transaction price of orders for which products have not been delivered or services have not been performed. As of June 30, 2020, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $4 billion. The Company expects to recognize revenue on approximately three-quarters of the remaining performance obligations over the next 12 months, with the remainder recognized thereafter. The majority of our professional services are expected to be recognized over the next 12 months but this is contingent upon a number of factors, including customers’ needs and schedules.

The Company has made two elections that affect the value of remaining performance obligations described above. We do not disclose remaining performance obligations for Software as a Service (SaaS) contracts where variable consideration is directly allocated based on usage or when the original expected length is one year or less.

Recent Accounting Pronouncements

Adopted

In June 2016, the Financial Accounting Standards Board ("FASB") issued an accounting standards update with new guidance on accounting for credit losses on financial instruments. The new guidance includes an impairment model for estimating credit losses that is based on expected losses, rather than incurred losses. This accounting standards update is effective prospectively for fiscal years and interim periods beginning after December 15, 2019, with early adoption permitted. The adoption of this accounting standards update did not have a material effect on the Company's net income, cash flows or financial condition.

In August 2018, the FASB issued an accounting standards update with new guidance on fair value measurement disclosure requirements that requires the disclosure of additions to and transfers into and out of Level 3 of the fair value hierarchy. This accounting standards update also requires disclosure about the uncertainty in measurement as of the reporting date. The new standard became effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 with early adoption permitted. The adoption of this accounting standards update did not have a material impact on our financial statement disclosures.

In August 2018, the FASB issued an accounting standards update related to accounting for implementation costs incurred in a cloud computing arrangement that is also a service contract. If a cloud computing arrangement also includes an internal-use software, an intangible asset is recognized, and a liability is recognized for any payments related to the software license. However, if a cloud computing arrangement does not include a software license, the entity should account for the arrangement as a service contract and any fees associated with the service are expensed as incurred. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The adoption of this accounting standards update did not have a material effect on the Company's net income, cash flows or financial condition.

In December 2019, the FASB issued an accounting standards update with new guidance that removes certain exceptions for recognizing deferred taxes for investments, performing intraperiod allocation and calculating income taxes in interim periods. This accounting standards update also adds guidance to reduce complexity in certain areas, including recognizing measures for the accounting for income taxes. This accounting standards update is effective for fiscal years and interim periods beginning after December 15, 2020, with early adoption permitted. The adoption of this accounting standards update did not have a material impact on the Company's net income, cash flows or financial condition.

In March 2020, the SEC adopted final rules, effective January 4, 2021, that, among other things, amend the financial disclosure requirements of Regulation S-X under the Securities Act for guaranteed securities registered with the SEC. As permitted by such rules, the Company is voluntarily complying with the rules in advance of the effective date. Accordingly, we are no longer required to provide, and are not providing, supplemental guarantor information for NCR International, Inc.'s SEC registered guarantee of the 5.00% and 6.375% senior unsecured notes given that NCR International, Inc.'s reporting obligations with respect to guarantees under Section 15(d) of the Exchange Act have been automatically suspended.

Revisions of Previously Issued Financial Statements

6 Months Ended

Jun. 30, 2020

Accounting Changes and Error Corrections [Abstract]

Revisions of Previously Issued Financial Statements

2. REVISIONS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

During 2020, the Company determined there were errors in its previously issued Consolidated Statements of Cash Flows related to the business activities that commenced upon the acquisition of JetPay Corporation (JetPay) in December 2018. As a result of these errors, the Company's cash, cash equivalents and restricted cash within the Consolidated Statement of Cash Flows for the years ended December 31, 2019 and 2018 and within the Condensed Consolidated Statement of Cash Flows for the interim periods in fiscal 2019 and for the three months ended March 31, 2020, were understated. This also resulted in misclassifications of activities between net cash from operations, investing, and financing activities in each of the periods noted above.

More specifically, the Company determined: (i) the funds held for clients represent cash balances that, based upon the Company's intent, are restricted solely for the purposes of satisfying the obligations to remit funds relating to the Company's payroll and payroll tax filing services, which are classified as client fund obligations; and (ii) there are restricted cash balances included within settlement processing assets that are not yet due to the merchants. Such funds are held in a fiduciary duty, and are not available for the Company to use to fund its cash requirements. As a result, (i) the business acquisition purchase price upon the acquisition of JetPay should have been reflected net of these cash balances and (ii) the restricted cash in all periods should have been presented within cash, cash equivalents and restricted cash within the Consolidated Statement of Cash Flows.

Additionally, the Company determined the presentation of the cash inflow or outflow from client fund obligations should be reflected within financing activities rather than within operating activities beginning in the third quarter of 2019 and through December 31, 2019. However, in analyzing the impact of the change to include funds held for clients within cash, cash equivalents and restricted cash, it was determined the cash inflow or outflow from client funds obligations was incorrect.

The Company assessed the materiality of these errors on the prior period financial statements in accordance with SEC Staff Bulletin No. 99, Materiality, codified in ASC Topic 250, Accounting Changes and Error Corrections. Based on this assessment, the Company determined the impact from these errors was not material to its previously filed annual or interim financial statements. The corrections had no impact on the Company's Consolidated Statements of Income, Consolidated Statements of Comprehensive Income or Consolidated Balance Sheets in previously issued annual or interim financial statements.

However, the Company has determined that it will revise its previously issued annual and interim financial statements to correct these errors within the Consolidated Statements of Cash Flows. The revision for the Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2019 is reflected within the accompanying Condensed Consolidated Financial Statements and the details for the revision for all periods are presented below. The Company will effect such revisions to its Consolidated Statements of Cash Flows for the years ended December 31, 2019 and 2018 in connection with the future filing of its 2020 Annual Report on Form 10-K, which contain these comparative periods and will effect the revisions for the three months ended March 31, 2020 and the nine months ended September 30, 2019 in connection with the future filings of its Form 10-Q which contain these comparative periods. In addition, in the previously issued unaudited interim financial statements for the three months ended March 31, 2020, the Company revised its beginning and ending cash, cash equivalents and restricted cash balances for the three months ended March 31, 2020 and 2019, which corrected for certain errors that were known at the time of such filing.

The appropriate changes are reflected in our Condensed Consolidated Statement of Cash Flows and the corrections are reflected in the tables below:


	For the year ended December 31, 2018
In millions	As Reported		Adjustment		As Revised
Business acquisitions, net	$	(206)	$	46	$	(160)
Net cash provided by (used in) investing activities	$	(520)	$	46	$	(474)
Net increase (decrease) in client obligations	$	—	$	10	$	10
Net cash provided by (used in) financing activities	$	(58)	$	10	$	(48)
Increase (decrease) in cash, cash equivalents and restricted cash	$	(67)	$	56	$	(11)
Cash, cash equivalents and restricted cash at the end of the period	$	476	$	56	$	532


	For the three months ended March 31, 2019
In millions	As Reported in March 31, 2019 Form 10-Q		Adjustment		As Revised in March 31, 2020 Form 10-Q		Further Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(10)	$	—	$	(10)	$	—	$	(10)
Net cash provided by (used in) operating activities	$	(16)	$	—	$	(16)	$	—	$	(16)


Net increase (decrease) in client obligations	$	—	$	17	$	17	$	—	$	17
Net cash provided by (used in) financing activities	$	36	$	17	$	53	$	—	$	53
Increase (decrease) in cash, cash equivalents and restricted cash	$	(53)	$	17	$	(36)	$	—	$	(36)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	46	$	522	$	10	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	423	$	63	$	486	$	10	$	496


	For the six months ended June 30, 2019
In millions	As Reported		Adjustment		As Revised
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	345	$	56	$	401


	For the nine months ended September 30, 2019
In millions	As Reported		Adjustment		As Revised
Net increase (decrease) in client funds	$	(2)	$	2	$	—
Net cash provided by (used in) investing activities	$	(292)	$	2	$	(290)
Net increase (decrease) in client obligations	$	2	$	(4)	$	(2)
Net cash provided by (used in) financing activities	$	33	$	(4)	$	29
Increase (decrease) in Cash, cash equivalents and restricted cash	$	(67)	$	(2)	$	(69)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	409	$	54	$	463


	For the year ended December 31, 2019
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	2	$	6	$	8
Net cash provided by (used in) operating activities	$	628	$	6	$	634
Net increase (decrease) in client obligations	$	(15)	$	15	$	—
Net cash provided by (used in) investing activities	$	(527)	$	15	$	(512)
Net increase (decrease) in client obligations	$	15	$	(30)	$	(15)
Net cash provided by (used in) financing activities	$	(31)	$	(30)	$	(61)
Increase (decrease) in Cash, cash equivalents and restricted cash	$	40	$	(9)	$	31
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	516	$	47	$	563


	For the three months ended March 31, 2020
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(90)	$	(7)	$	(97)
Net cash provided by (used in) operating activities	$	61	$	(7)	$	54
Increase (decrease) in Cash, cash equivalents and restricted cash	$	717	$	(7)	$	710
Cash, cash equivalents and restricted cash at the beginning of the period	$	548	$	15	$	563
Cash, cash equivalents and restricted cash at the end of the period	$	1,265	$	8	$	1,273

Consistent with the revision to the Consolidated Statement of Cash Flows described above, the Company has revised the reconciliation of cash, cash equivalents and restricted cash included in the Consolidated Statement of Cash Flows for all periods that include a revision. The appropriate changes are reflected in our Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2019, and the corrections, as reflected in the table below to include funds held for clients and cash included in settlement assets within cash, cash equivalents and restricted cash, will be revised in connection with the future Form 10-K and 10-Q filings discussed above.


In millions	March 31, 2020		December 31, 2019		September 30, 2019		June 30, 2019		March 31, 2019		December 31, 2018
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,214	$	509	$	388	$	335	$	414	$	464
Restricted cash included in other assets	7		7		21		10		9		12
Funds held for clients included in other current assets	44		32		45		46		64		46
Cash included in settlement processing assets included in other current assets	8		15		9		10		9		10
Total cash, cash equivalents and restricted cash	$	1,273	$	563	$	463	$	401	$	496	$	532

Business Combinations

6 Months Ended

Jun. 30, 2020

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

3. BUSINESS COMBINATIONS

Acquisition of Origami

On June 6, 2019, our subsidiary, NCR Brasil Ltda. (NCR Brasil) entered into a definitive agreement with OKI Electric Industry Co., Ltd. and its Brazilian subsidiary, OKI Brasil Industria e Comércio de Produtos e Tecnologia em Automação S.A. (OKI

Brasil), to purchase OKI Brasil's IT services and select software assets for use in the financial, retail and other industries. Neither OKI Brasil's manufacturing operations nor its printing business in Brazil are included in the acquisition. On April 9, 2020, NCR Brasil completed this acquisition through the purchase of 100% of the quotas of Origami Brasil Tecnologia e Serviços em Automação Ltda. (Origami), which became a wholly owned subsidiary of NCR Brasil. The purchase price was approximately $5 million, of which $2 million is payable in cash within two years of the acquisition date, subject to certain conditions, and the remaining $3 million is payable in cash within six years of the acquisition date, subject to purchase price adjustments.

The fair value of consideration transferred to acquire Origami was allocated to the identifiable assets and liabilities assumed based upon their estimated fair values as of the date of acquisition as set forth below. The acquisition is expected to result in a bargain purchase gain based on the purchase price being limited mostly to the net assets of the business excluding cash and investments.


In millions	Fair Value
Cash acquired	$	1
Investments acquired	9
Tangible assets acquired	18
Deferred gain on business acquisition	(10)
Liabilities assumed	(13)
Total purchase consideration	$	5

This allocation of the purchase price is provisional as of June 30, 2020 and the deferred gain recognized may be subject to future adjustments as the Company obtains additional information to finalize and reassess the accounting for the business combination. The estimated deferred gain on business acquisition of $10 million has been included within other current liabilities in the Condensed Consolidated Balance Sheet.

The operating results of Origami have been included within NCR's results as of the closing date of the acquisition. Supplemental pro forma information and actual revenue and earnings since the acquisition date have not been provided as this acquisition did not have a material impact on the Company's Condensed Consolidated Statements of Operations.

Goodwill and Long-Lived Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND LONG-LIVED ASSETS

4. GOODWILL AND LONG-LIVED ASSETS

Hospitality Goodwill Assessment In addition to our annual goodwill impairment test performed in the fourth quarter, we perform interim impairment tests for long-lived and intangible assets, including goodwill, whenever events or changes in circumstances indicate that the carrying amount of the asset (group) may not be recoverable.

Late in the quarter ended March 31, 2020, there was significant market volatility driven by the COVID-19 pandemic that drove uncertainty around our full year revenue and operating income expectations. As a result, we withdrew our full year outlook for 2020 on March 31, 2020, which was previously provided during our fourth quarter 2019 earnings conference call on February 11, 2020. Given the rapidly changing environment, we considered if there was an indication that the carrying value of net assets were in excess of the fair value for each of our reporting units. This consideration included the expected impacts to the current year cash flows, and the potential impacts to future cash flows, as well as the excess of the fair value over the carrying value from the prior year annual assessment. As a result, we determined there was an indication that the carrying value of the net assets assigned to the Hospitality reporting unit may not be recoverable.

The fair value of the Hospitality reporting unit was estimated using a weighted methodology considering the output from both the income and market approaches. The income approach incorporates the use of discounted cash flow (DCF) analysis. A number of significant assumptions and estimates are involved in the application of the discounted cash flow model to forecast operating cash flows, including revenue growth, operating income margin and discount rate. The market approach is performed using the Guideline Public Companies (GPC) method, which is based on earnings multiple data of peer companies.

For the Hospitality reporting unit, the Company expects the COVID-19 pandemic to have a significant impact to our customers in the table service market, travel and entertainment market and small and medium business market in the near term. The Company expects the long term growth strategy to remain intact with previous growth expectations returning in 2021. Based on

these assumptions, the Company determined the fair value of the Hospitality segment continues to be greater than the carrying value and therefore, no impairment existed as of March 31, 2020. Additionally, as of June 30, 2020, the Company determined there was no indication the carrying value of the net assets assigned to the Hospitality segment may not be recoverable. However, if the actual results or the anticipated timing of the recovery from the COVID-19 pandemic differ from our expectations for the Hospitality, or any, reporting unit, there is a possibility we would have to perform another interim impairment test in 2020, which could lead to an impairment of goodwill or other assets.

Goodwill by Segment The carrying amounts of goodwill by segment as of June 30, 2020 and December 31, 2019 are included in the table below. Foreign currency fluctuations are included within other adjustments.


	December 31, 2019																June 30, 2020
In millions	Goodwill		Accumulated Impairment Losses		Total		Additions		Impairment		Other		Goodwill		Accumulated Impairment Losses		Total
Banking	$	1,774	$	(101)	$	1,673	$	—	$	—	$	(6)	$	1,768	$	(101)	$	1,667
Retail	638		(34)		604		—		—		(4)		634		(34)		600
Hospitality	402		(23)		379		3		—		(2)		403		(23)		380
Other	187		(11)		176		—		—		—		187		(11)		176
Total goodwill	$	3,001	$	(169)	$	2,832	$	3	$	—	$	(12)	$	2,992	$	(169)	$	2,823

Identifiable Intangible Assets NCR's purchased intangible assets, reported in intangibles, net in the Condensed Consolidated Balance Sheets, were specifically identified when acquired, and are deemed to have finite lives. The gross carrying amount and accumulated amortization for NCR’s identifiable intangible assets were as set forth in the table below.


	Amortization Period (in Years)	June 30, 2020									December 31, 2019
In millions				Gross Carrying Amount			Accumulated Amortization			Gross Carrying Amount			Accumulated Amortization
Identifiable intangible assets
Reseller & customer relationships	1 - 20	$	737		$	(297)		$	735		$	(270)
Intellectual property	2 - 8	524			(407)			529			(397)
Customer contracts	8	89			(89)			89			(89)
Tradenames	1 - 10	77			(72)			78			(68)
Total identifiable intangible assets		$	1,427		$	(865)		$	1,431		$	(824)

The aggregate amortization expense (actual and estimated) for identifiable intangible assets for the following periods is:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020		Remainder of 2020 (estimated)
Amortization expense	$	19	$	41	$	40


	For the years ended December 31 (estimated)
In millions	2021		2022		2023		2024		2025
Amortization expense	$	73	$	68	$	66	$	59	$	51

Debt Obligations

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

DEBT OBLIGATIONS

5. DEBT OBLIGATIONS

The following table summarizes the Company's short-term borrowings and long-term debt:


				June 30, 2020									December 31, 2019
In millions, except percentages				Amount			Weighted-Average Interest Rate			Amount			Weighted-Average Interest Rate
Short-Term Borrowings
Current portion of Senior Secured Credit Facility ⁽¹⁾				$	8		2.68%			$	8		4.30%
Trade Receivables Securitization Facility				200			1.14%			270			2.65%
Other ⁽¹⁾				9			4.70%			4			2.82%
	Total short-term borrowings	$	217					$	282
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility ⁽¹⁾	$	736			2.68%		$	740			4.30%
	Revolving credit facility ⁽¹⁾	1,070				2.19%		265				3.76%
Senior notes:
	5.00% Senior Notes due 2022	600						600


	6.375% Senior Notes due 2023	700						700
	8.125% Senior Notes due 2025	400						—
	5.750% Senior Notes due 2027	500						500
	6.125% Senior Notes due 2029	500						500
Deferred financing fees				(36)						(32)
Other ⁽¹⁾				3			—%			4			0.05%
	Total long-term debt	$	4,473					$	3,277

⁽¹⁾ Interest rates are weighted-average interest rates as of June 30, 2020 and December 31, 2019.

Senior Secured Credit Facility On August 28, 2019, the Company entered into an amended and restated senior secured credit facility with and among certain subsidiaries of NCR (the Foreign Borrowers), the lenders party thereto and JPMorgan Chase Bank, NA (JPMCB) as the administrative agent, refinancing its term loan facility and revolving credit facility thereunder (the Senior Secured Credit Facility). The Senior Secured Credit Facility consists of a term loan facility with an aggregate principal commitment of $750 million, of which $744 million was outstanding as of June 30, 2020. Additionally, the Senior Secured Credit Facility provides for a five-year revolving credit facility with an aggregate principal amount of $1.1 billion, of which $1.07 billion was outstanding as of June 30, 2020. The revolving credit facility also allows a portion of the availability to be used for letters of credit, and as of June 30, 2020, there were $28 million of letters of credit outstanding.

Up to $400 million of the revolving credit facility is available to the Foreign Borrowers, as long as there is availability under the revolving credit facility. Term loans were made to the Company in U.S. Dollars, and loans under the revolving credit facility are available in U.S. Dollars, Euros and Pound Sterling.

The outstanding principal balance of the term loan facility is required to be repaid in equal quarterly installments of approximately 0.25% of the aggregate principal amount that began with the fiscal quarter ending December 31, 2019, with the balance being due at maturity on August 28, 2026. Borrowings under the revolving portion of the credit facility are due August 28, 2024. Revolving loans outstanding under the Senior Secured Credit Facility denominated in U.S. Dollars bear interest at the Company's option at (a) London Inter-bank Offered Rate ("LIBOR"), plus a margin ranging from 1.25% to 2.25% or (b) a base rate equal to the highest of (i) the federal funds rate plus 0.50%, (ii) the rate of interest last quoted by the Wall Street Journal as the “prime rate” and (iii) the one-month LIBOR rate plus 1.00% (the Base Rate), plus, a margin ranging from 0.25% to 1.25%, in each case, depending on the Company’s consolidated leverage ratio. Revolving loans denominated in Euro bear interest at the EURIBOR, plus a margin ranging from 1.25% to 2.25% depending on the Company’s consolidated leverage ratio. The terms of the Senior Secured Credit Facility also require certain other fees and payments to be made by the Company, including a commitment fee on the undrawn portion of the revolving credit facility. Term loans outstanding under the Senior Secured Credit Facility bear interest, at NCR's option, at LIBOR plus 2.50% per annum or the Base Rate plus a 1.50% margin

per annum. In the event that LIBOR is no longer available or in certain other circumstances as described in the Senior Secured Credit Facility, the Senior Secured Credit Facility provides a mechanism for determining an alternative rate of interest. There is no assurance that any such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, LIBOR.

The obligations of the Company and Foreign Borrowers under the Senior Secured Credit Facility are guaranteed by certain of the Company's wholly-owned domestic subsidiaries. The Senior Secured Credit Facility and these guarantees are secured by a first priority lien and security interest in certain equity interests owned by the Company and the guarantor subsidiaries in certain of their respective domestic and foreign subsidiaries, and a perfected first priority lien and security interest in substantially all of the Company's U.S. assets and the assets of the guarantor subsidiaries, subject to certain exclusions. These security interests would be released if the Company achieves an “investment grade” rating and will remain released so long as the Company maintains that rating.

The Senior Secured Credit Facility includes affirmative and negative covenants that restrict or limit the ability of the Company and its subsidiaries to, among other things, incur indebtedness; create liens on assets; engage in certain fundamental corporate changes or changes to the Company's business activities; make investments; sell or otherwise dispose of assets; engage in sale-leaseback or hedging transactions; repurchase stock, pay dividends or make similar distributions; repay other indebtedness; engage in certain affiliate transactions; or enter into agreements that restrict the Company's ability to create liens, pay dividends or make loan repayments. The Senior Secured Credit Facility also includes a financial covenant that requires the Company to maintain:

•a consolidated leverage ratio on the last day of any fiscal quarter, not to exceed (i) in the case of any fiscal quarter ending on or prior to March 31, 2021, (a) the sum of 4.50 and an amount (not to exceed 0.50) to reflect debt used to reduce NCR’s unfunded pension liabilities to (b) 1.00, and (ii) in the case of any fiscal quarter ending after March 31, 2021 and on or prior to March 31, 2023, (a) the sum of 4.25 and an amount (not to exceed 0.50) to reflect debt used to reduce NCR’s unfunded pension liabilities to (b) 1.00; and (iii) in the case of any fiscal quarter ending after March 31, 2023, (a) the sum of 4.00 and an amount (not to exceed 0.50) to reflect debt used to reduce our unfunded pension liabilities to (b) 1.00.

The Company has the option to elect to increase the maximum permitted leverage ratio by 0.25 in connection with the consummation of any material acquisition (as defined in the Senior Secured Credit Facility) for four fiscal quarters, but in no event will the maximum permitted leverage ratio, inclusive of all increases, exceed 4.75 to 1.00. At June 30, 2020, the maximum consolidated leverage ratio under the Senior Secured Credit Facility was 4.75 to 1.00.

The Senior Secured Credit Facility also includes provisions for events of default, which are customary for similar financings. Upon the occurrence of an event of default, the lenders may, among other things, terminate the loan commitments, accelerate all loans and require cash collateral deposits in respect of outstanding letters of credit. If the Company is unable to pay or repay the amounts due, the lenders could, among other things, proceed against the collateral granted to them to secure such indebtedness.

The Company may request, at any time and from time to time, but the lenders are not obligated to fund, the establishment of one or more incremental term loans and/or revolving credit facilities (subject to the agreement of existing lenders or additional financial institutions to provide such term loans and/or revolving credit facilities) with commitments in an aggregate amount not to exceed the greater of (i) $150 million, and (ii) such amount as would not cause the leverage ratio under the Senior Secured Credit Facility, calculated on a pro forma basis including the incremental facility and assuming that it and the revolver are fully drawn, to exceed 3.00 to 1.00, and the proceeds of which can be used for working capital requirements and other general corporate purposes.

Senior Unsecured Notes On September 17, 2012, the Company issued $600 million aggregate principal amount of 5.00% senior unsecured notes due in 2022 (the 5.00% Notes). The 5.00% Notes were sold at 100% of the principal amount and will mature on July 15, 2022. On December 19, 2013, the Company issued $700 million aggregate principal amount of 6.375% senior unsecured notes due in 2023 (the 6.375% Notes). The 6.375% Notes were sold at 100% of the principal amount and will mature on December 15, 2023. On August 21, 2019, the Company issued $500 million aggregate principal amount of 5.750% senior unsecured notes due in 2027 (the 5.750% Notes) and $500 million aggregate principal amount of 6.125% senior unsecured notes due in 2029 (the 6.125% Notes). The 5.750% Notes were sold at 100% of the principal amount and will mature on September 1, 2027. The 6.125% Notes were sold at 100% of the principal amount and will mature on September 1, 2029.

On April 13, 2020, the Company issued $400 million aggregate principal amount of 8.125% senior unsecured notes due in 2025 (the 8.125% Notes). The 8.125% Notes were sold at 100% of the principal amount, which resulted in total gross proceeds of $400 million. Interest is payable on the 8.125% Notes semi-annually in arrears at an annual rate of 8.125%, on April 15 and October 15, beginning on October 15, 2020. The 8.125% Notes will mature on April 15, 2025.

The 8.125% Notes are unsecured senior obligations of the Company and are guaranteed by the Company's wholly-owned subsidiary, NCR International, Inc. (Guarantor Subsidiary), which is 100% owned by the Company and has guaranteed fully and unconditionally the obligations to pay principal and interest for these senior unsecured notes.

The Company has the option to redeem the 8.125% Notes, in whole or in part, at any time on or after April 15, 2022, at a redemption price of 104.063%, 102.031%, and 100% during the 12-month periods commencing on April 15, 2022, 2023 and 2024 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to April 15, 2022, the Company may redeem some or all of the 8.125% Notes by paying a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Applicable Premium, as defined in the Indenture, as of, and accrued and unpaid interest to, but excluding, the redemption date (subject to the right of holders of record of the Notes on the relevant record date to receive interest due on the relevant interest payment date).

The terms of the indentures for these notes limit the ability of the Company and certain of its subsidiaries to, among other things, incur additional debt or issue redeemable preferred stock; pay dividends or make certain other restricted payments or investments; incur liens; sell assets; incur restrictions on the ability of the Company's subsidiaries to pay dividends to the Company; enter into affiliate transactions; engage in sale and leaseback transactions; and consolidate, merge, sell or otherwise dispose of all or substantially all of the Company's or such subsidiaries' assets. These covenants are subject to significant exceptions and qualifications. For example, if these notes are assigned an "investment grade" rating by Moody's or S&P and no default has occurred or is continuing, certain covenants will be terminated.

Trade Receivables Securitization Facility In November 2014, the Company established a revolving trade receivables securitization facility (the A/R Facility) with PNC Bank, National Association (PNC) as the administrative agent, and various lenders. In November 2019, the Company amended the A/R Facility to increase the maximum commitment made available under the Facility and extended the maturity date to November 2021. The amendment also included other modifications including the scope of receivables subject to the facility and related eligibility requirements, the adoption of a new benchmark for determining overnight funding rates and the fees and interest payable to the agent and lenders party thereto. The A/R Facility now provides for up to $300 million in funding based on the availability of eligible receivables and other customary factors and conditions, of which $200 million was outstanding as of June 30, 2020.

Under the A/R Facility, NCR sells and/or contributes certain of its U.S. trade receivables to a wholly-owned, bankruptcy-remote subsidiary as they are originated, and advances by the lenders to that subsidiary are secured by those trade receivables. The assets of this financing subsidiary are restricted as collateral for the payment of its obligations under the A/R Facility, and its assets and credit are not available to satisfy the debts and obligations owed to the creditors of the Company. The Company includes the assets, liabilities and results of operations of this financing subsidiary in its consolidated financial statements. The financing subsidiary owned $524 million and $603 million of outstanding accounts receivable as of June 30, 2020 and December 31, 2019, respectively, and these amounts are included in accounts receivable, net in the Company’s Condensed Consolidated Balance Sheets.

The financing subsidiary will pay annual commitments and other customary fees to the lenders, and advances by a lender under the A/R Facility will accrue interest (i) at a reserve-adjusted LIBOR rate or a base rate equal to the highest of (a) the applicable lender’s prime rate or (b) the federal funds rate plus 0.50%, if the lender is funding as a committed lender under the terms of the A/R Facility, or (ii) based on commercial paper interest rates if the lender is funding as a commercial paper conduit lender. Advances may be prepaid at any time without premium or penalty.

The A/R Facility contains various customary affirmative and negative covenants and default and termination provisions, which provide for the acceleration of the advances under the A/R Facility in circumstances including, but not limited to, failure to pay interest or principal when due, breach of representation, warranty or covenant, certain insolvency events or failure to maintain the security interest in the trade receivables, and defaults under other material indebtedness.

Fair Value of Debt The Company utilized Level 2 inputs, as defined in the fair value hierarchy, to measure the fair value of the long-term debt, which, as of June 30, 2020 and December 31, 2019 was $4.79 billion and $3.70 billion, respectively.

Management's fair value estimates were based on quoted prices for recent trades of NCR’s long-term debt, quoted prices for similar instruments, and inquiries with certain investment communities.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	6. INCOME TAXES Income tax provisions for interim (quarterly) periods are based on an estimated annual effective income tax rate calculated separately from the effect of significant, infrequent or unusual items. Income tax benefit was $34 million for the three months ended June 30, 2020 compared to income tax expense of $15 million for the three months ended June 30, 2019. The change was primarily driven by an increase in discrete tax benefits as well as lower income before taxes in the three months ended June 30, 2020. The increase in discrete tax benefits primarily resulted from a $48 million benefit recorded for the release of a valuation allowance against U.S. foreign tax credits and the re-establishment of expected foreign tax credit offsets to unrecognized tax benefits. Income tax benefit was $33 million for the six months ended June 30, 2020 compared to income tax expense of $24 million for the six months ended June 30, 2019. The change was primarily driven by an increase in discrete tax benefits as well as lower income before taxes in the six months ended June 30, 2020. The increase in discrete tax benefits primarily resulted from a $48 million benefit recorded for the release of a valuation allowance against U.S. foreign tax credits and the re-establishment of expected foreign tax credit offsets to unrecognized tax benefits. Additionally, in connection with preparing the financial statements for the six months ended June 30, 2020, the Company identified and recorded income tax benefits of $2 million related to an error in the calculation of the permanent differences on executive stock compensation and $3 million for the write-off of income tax payables incorrectly recorded in prior periods. The Company determined the impact of these errors was not material to the annual or interim financial statements of previous periods and the effect of correcting these errors was not material to the Condensed Consolidated Financial Statements for the six months ended June 30, 2020 and is not expected to be material to the 2020 annual financial statements. The Company engages in continuous discussions and negotiations with taxing authorities regarding tax matters, and the Company has determined that over the next 12 months it expects to resolve certain tax matters related to U.S. and foreign jurisdictions. As a result, as of June 30, 2020, we estimate that it is reasonably possible that gross unrecognized tax benefits may decrease by $30 million to $37 million in the next 12 months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

Stock Compensation Plans

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

STOCK COMPENSATION PLANS

7. STOCK COMPENSATION PLANS

As of June 30, 2020, the Company’s primary type of stock-based compensation was restricted stock units and stock options. Stock-based compensation expense for the following periods were:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Restricted stock units	$	13		$	22		$	32		$	42
Stock options	6			2			10			4
Employee stock purchase plan	1			1			3			2
Stock-based compensation expense	20			25			45			48
Tax benefit	(2)			(4)			(5)			(7)
Stock-based compensation expense (net of tax)	$	18		$	21		$	40		$	41

Stock-based compensation expense is recognized in the financial statements based upon grant date fair value.

In the six months ended June 30, 2020, the stock options granted were premium-priced stock options, in which the exercise price is equal to 115% of the closing stock price on the date of the grant. The exercise price of the stock options granted in the six months ended June 30, 2020 was $37.97. The weighted average fair value of the option grants was $7.80 for the six months ended June 30, 2020 based on using a Monte-Carlo simulation model and will be recognized over the requisite service period. These option grants have a seven year contractual term that vest at the end of 36 months. For the six months ended June 30,

2019, the weighted average fair value of option grants was $8.07 with a seven year contractual term that vest ratably over four years. The table below details the assumptions used in determining the fair value of the option grants.


	Six months ended June 30
	2020			2019
Dividend yield	$	—		$	—
Risk-free interest rate	1.44		%	2.50		%
Expected volatility	33.51		%	34.79		%
Expected holding period (years)	3.7			3.9

Expected volatility is calculated as the historical volatility of the Company’s stock over a period equal to the expected term of the options, as management believes this is the best representation of prospective trends. The Company uses historical data to estimate option exercise and employee terminations within the valuation model. The expected holding period represents the period of time that options are expected to be outstanding. For options granted during the six months ended June 30, 2020, the seven-year U.S. Treasury yield curve was used to determine the risk-free interest rate. For options granted during the six months ended June 30, 2019, the risk-free interest rate was determined based on a blend of the three and five-year U.S. Treasury yield curves in effect at the time of the grant.

As of June 30, 2020, the total unrecognized compensation cost of $84 million related to unvested restricted stock grants is expected to be recognized over a weighted average period of approximately 1.0 year. As of June 30, 2020, the total unrecognized compensation cost of $57 million related to unvested stock option grants is expected to be recognized over a weighted average period of approximately 1.3 years.

Employee Stock Purchase Plan The Company's Employee Stock Purchase Plan ("ESPP") provides employees a 15% discount on stock purchases using a three-month look-back feature where the discount is applied to the stock price that represents the lower of NCR’s closing stock price on either the first day or the last day of each calendar quarter. Participants can contribute between 1% and 10% of their compensation.

For the three months ended June 30, 2020, employees purchased 0.3 million shares, at a discounted price of $14.72. For the three months ended June 30, 2019, employees purchased 0.2 million shares, at a discounted price of $24.02.

Employee Benefit Plans

6 Months Ended

Jun. 30, 2020

Retirement Benefits [Abstract]

Employee Benefit Plans

8. EMPLOYEE BENEFIT PLANS

Components of net periodic benefit cost (income) of the pension plans for the three months ended June 30 were as follows:


In millions	U.S. Pension Benefits									International Pension Benefits									Total Pension Benefits
			2020			2019			2020			2019			2020			2019
Net service cost	$	—		$	—		$	2		$	1		$	2		$	1
Interest cost	13			17			2			5			15			22
Expected return on plan assets	(9)			(12)			(6)			(7)			(15)			(19)




Net periodic benefit cost (income)	$	4		$	5		$	(2)		$	(1)		$	2		$	4

Components of net periodic benefit cost (income) of the pension plans for the six months ended June 30 were as follows:


In millions	U.S. Pension Benefits									International Pension Benefits									Total Pension Benefits
			2020			2019			2020			2019			2020			2019
Net service cost	$	—		$	—		$	3		$	3		$	3		$	3
Interest cost	26			$	33		6			$	10		32			$	43
Expected return on plan assets	(18)			$	(22)		(13)			$	(15)		(31)			$	(37)




Net periodic benefit cost (income)	$	8		$	11		$	(4)		$	(2)		$	4		$	9

The benefit from the postretirement plan for the following periods were:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Interest cost	$	—		$	—		$	—		$	—
Amortization of:
Prior service benefit	—			(1)			(1)			$	(2)

Net postretirement benefit	$	—		$	(1)		$	(1)		$	(2)

The net cost of the postemployment plan for the following periods were:


	Three months ended June 30						Six months ended June 30
In millions	2020		2019		2020		2019
Net service cost	$	7	$	5	$	13	$	19
Interest cost	1		1		1		2
Amortization of:
Prior service benefit	(1)		(1)		(1)		(2)
Actuarial gain	(1)		—		(2)		(1)
Net benefit cost	$	6	$	5	$	11	$	18

Employer Contributions

Pension For the three and six months ended June 30, 2020, NCR contributed $4 million and $9 million, respectively, to its international pension plans. NCR anticipates contributing an additional $12 million to its international pension plans for a total of $21 million in 2020.

Postretirement For the three and six months ended June 30, 2020, NCR made $1 million of contributions to its U.S. postretirement plan. NCR anticipates contributing an additional $1 million to its U.S. postretirement plan for a total of $2 million in 2020.

Postemployment For the three and six months ended June 30, 2020, NCR contributed $3 million and $7 million, respectively, to its postemployment plan. NCR anticipates contributing an additional $23 million to its postemployment plan for a total of $30 million in 2020.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section S99
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (o)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (p)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (q)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (l)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

9. COMMITMENTS AND CONTINGENCIES

In the normal course of business, NCR is subject to various proceedings, lawsuits, claims and other matters, including, for example, those that relate to the environment and health and safety, labor and employment, employee benefits, import/export compliance, intellectual property, data privacy and security, product liability, commercial disputes and regulatory compliance, among others. Additionally, NCR is subject to diverse and complex laws and regulations, including those relating to corporate governance, public disclosure and reporting, environmental safety and the discharge of materials into the environment, product safety, import and export compliance, data privacy and security, antitrust and competition, government contracting, anti-corruption, and labor and human resources, which are rapidly changing and subject to many possible changes in the future. Compliance with these laws and regulations, including changes in accounting standards, taxation requirements, and federal securities laws among others, may create a substantial burden on, and substantially increase costs to NCR or could have an impact on NCR's future operating results. The Company has reflected all liabilities when a loss is considered probable and reasonably estimable in the Condensed Consolidated Financial Statements. We do not believe there is a reasonable possibility that losses exceeding amounts already recognized have been incurred, but there can be no assurances that the amounts required to satisfy alleged liabilities from such matters will not impact future operating results. Other than as stated below, the Company does not currently expect to incur material capital expenditures related to such matters. However, there can be no assurances that the actual amounts required to satisfy alleged liabilities from various lawsuits, claims, legal proceedings and other matters, including, but not limited to the Fox River and Kalamazoo River environmental matters and other matters discussed below, and to comply with applicable laws and regulations, will not exceed the amounts reflected in NCR’s Condensed Consolidated Financial Statements or will not have a material adverse effect on its consolidated results of operations, capital expenditures, competitive position, financial condition or cash flows.

Nashville Tornado On March 3, 2020, one of our Global Fulfillment Centers, operated with a third-party logistics partner in Mount Juliet, Tennessee, was severely impacted by tornadoes in the greater Nashville area. We maintain substantial property damage insurance coverage for this Global Fulfillment Center and have worked, and continue to work, closely with our insurance carrier and claims adjusters to ascertain the property damage, which mainly consisted of raw materials and finished goods inventory. The Company determined approximately $105 million of the inventory to be a total loss as of June 30, 2020 and as such, was written-off with an offsetting insurance receivable recorded, which was included within other current assets in the Condensed Consolidated Balance Sheet with no net impact on cost of sales. The insurance receivable was based on the amount probable of recovery based on the terms of the insurance policy. The remaining $45 million of inventory requires further assessment to determine recoverability, which remains ongoing as of June 30, 2020. As of June 30, 2020, we received a total of $91 million as an advance from the insurance carrier with $14 million remaining as an insurance receivable. Additionally, our insurance policy also provides for business interruption coverage, including lost profits, and reimbursement for other expenses and costs that have been incurred relating to the damages and losses suffered. As of June 30, 2020, the Company has incurred $9 million of other expenses, mainly related to expedite freight, professional services and contractor charges. The Company has received a $4 million insurance payment related to these expenses. The Company has recorded an insurance receivable for the remainder based on the amount probable of recovery based on the terms of the insurance policy.

Boston Consulting Group On November 6, 2019, Boston Consulting Group, Inc., a former consultant for the Company, commenced a lawsuit against the Company in the United States District Court for the District of New York. The Complaint in the matter alleges the Company breached two consulting agreements and seeks in excess of $80 million and other compensatory damages and equitable relief. While the Company at this time is unable to make any predictions about the outcome of this case or estimate any possible liability, the Company believes the allegations of money owed are grossly overstated, and the Company intends to vigorously defend this lawsuit.

Environmental Matters NCR's facilities and operations are subject to a wide range of environmental protection laws, and NCR has investigatory and remedial activities underway at a number of facilities that it currently owns or operates, or formerly owned or operated, to comply, or to determine compliance, with such laws. Also, NCR has been identified, either by a government agency or by a private party seeking contribution to site clean-up costs, as a potentially responsible party (PRP) at a number of sites pursuant to various state and federal laws, including the Federal Water Pollution Control Act, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) and comparable state statutes. Other than the Fox River matter, the Kalamazoo River matter and the Ebina matter discussed below, we currently do not anticipate material expenses and liabilities from these environmental matters.

Fox River NCR is one of eight entities that were formally notified by governmental and other entities, such as local Native American tribes, that they are PRPs for environmental claims (under CERCLA and other statutes) arising out of the presence of polychlorinated biphenyls (PCBs) in sediments in the lower Fox River and in the Bay of Green Bay in Wisconsin. The other Fox River PRPs that received notices include Appleton Papers Inc. (API; now known as Appvion, Inc.), P.H. Glatfelter Company ("Glatfelter"), Georgia-Pacific Consumer Products LP (GP, successor to Fort James Operating Company), and others. NCR was identified as a PRP because of alleged PCB discharges from two carbonless copy paper manufacturing facilities it previously owned, which were located along the Fox River. NCR sold its facilities in 1978 to API. The parties have also contended that NCR is responsible for PCB discharges from paper mills owned by other companies because NCR carbonless copy paper "broke" was allegedly purchased by those other mills as a raw material.

The United States Environmental Protection Agency (USEPA) and Wisconsin Department of Natural Resources (together, the Governments) developed clean-up plans for the upper and lower parts of the Fox River and for portions of the Bay of Green Bay. On November 13, 2007, the Governments issued a unilateral administrative order (the 2007 Order) under CERCLA to the eight original PRPs, requiring them to perform remedial work under the Governments’ clean-up plan for the lower parts of the river (operable units 2 through 5). In April 2009, NCR and API formed a limited liability company (the LLC), which entered into an agreement with an environmental remediation contractor to perform the work at the Fox River site. In-water dredging and remediation under the clean-up plan commenced shortly thereafter.

NCR and API, along with B.A.T Industries p.l.c. (BAT), share among themselves a portion of the cost of the Fox River clean-up and natural resource damages (NRD) based upon a 1998 agreement (the Cost Sharing Agreement), a 2005 arbitration award (subsequently confirmed as a judgment), and a September 30, 2014 Funding Agreement (the Funding Agreement). The Cost Sharing Agreement and the arbitration resolved disputes that arose out of the Company's 1978 sale of its Fox River facilities to API. The Cost Sharing Agreement and arbitration award resulted in a 45% share for NCR of the first $75 million of such costs (a threshold that was reached in 2008), and a 40% share for amounts in excess of $75 million. The Funding Agreement arose out of a 2012 to 2014 arbitration dispute between NCR and API, and provides for regular, ongoing funding of NCR-incurred Fox River remediation costs via contributions, made to a new limited liability corporation created by the Funding Agreement, by BAT, API and, for 2014, API's indemnitor, Windward Prospects. The Funding Agreement creates an obligation on BAT and

API to fund 50% of NCR’s Fox River remediation costs from October 1, 2014 forward; (API’s Fox River-related obligations under the Funding Agreement were fully satisfied in 2016); the Funding Agreement also provides NCR contractual avenues for payment of, via direct and third-party sources, (1) the difference between BAT’s and API’s 60% obligation under the Cost Sharing Agreement and arbitration award on the one hand and their ongoing (since September 2014) 50% payments under the Funding Agreement on the other, as well as (2) the difference between the amount NCR received under the Funding Agreement and the amount owed to it under the Cost Sharing Agreement and arbitration award for the period from April 2012 through September 2014. As of June 30, 2020 and December 31, 2019, the receivable under the Funding Agreement was approximately $53 million, respectively, and was included in other assets in the Condensed Consolidated Balance Sheet. The Company anticipates that it will collect sums related to the receivable in 2020 or later, likely after the remediation efforts related to the Fox River matter, described below, are complete. This receivable is not taken into account in calculating the Company’s Fox River net reserve.

The Company's litigations relating to contribution and enforcement claims concerning the Fox River have been concluded. A proposed consent decree settlement (the CD settlement) with respect to the contribution action (a case originally filed by NCR and API) and the government enforcement action (a case originally filed by the federal and state governments against several PRPs, including the Company) was successfully negotiated by NCR and the federal and state governments and was approved on August 22, 2017 by the federal district court in Wisconsin that had been presiding over those cases. A final order of dismissal as to the Company in the contribution and government enforcement actions was subsequently entered; one party, Glatfelter, had appealed the approval of the CD settlement. On January 3, 2019, the United States lodged a proposed consent decree with the Wisconsin court, reflecting a settlement reached by the United States, Wisconsin and Glatfelter with respect to Glatfelter’s Fox River liability under the government enforcement action; a component of that settlement was withdrawal of Glatfelter’s appeal opposing the Company’s CD settlement. On March 14, 2019, the Wisconsin court approved the Glatfelter consent decree, and on April 3, 2019, Glatfelter's appeal was dismissed.

The CD settlement has now resolved the remaining Fox River-related contribution and enforcement claims against the Company. The key components of the approved CD settlement include (1) the Company’s commitment to complete the remediation of the Fox River, which is now expected to be completed in July 2020; (2) the Company’s conditional agreement to waive its contribution claims against the two remaining defendants in the case, GP and Glatfelter; (3) the Company’s agreement not to appeal the trial court’s decision on divisibility of harm; (4) the Governments’ agreement to include in the settlement so-called “contribution protection” in the Company’s favor as to GP’s and Glatfelter’s contribution claims against the Company, the effect of which will be to extinguish those claims; (5) the Governments’ agreement not to pursue the Company for the Governments’ past oversight costs; and (6) the Governments’ agreement to exercise prosecutorial discretion in pursuing other parties for future oversight costs and long-term monitoring and maintenance, with the Company retaining so-called “backstop” liability in the event that the other parties fail to pay future oversight costs or to perform long-term monitoring and maintenance. Additionally, although certain state law claims by GP and Glatfelter against the Company may not be affected directly by the CD settlement, the CD settlement provides that the Company’s contribution claims against those two parties will revive if those parties attempt to assert any claims against the Company relating to the Fox River, including any state law claims.

In the quarter ending September 30, 2017, the remediation general contractor commenced an arbitration against the LLC, in a dispute over contract interpretation. The hearing on this matter was completed in June 2019, and the parties submitted post-trial briefs in August 2019. The amounts claimed by the contractor range from approximately $46 million to approximately $53 million; the Company disputed the claims and contested them vigorously during the hearing. In November 2019, having rejected substantial portions of the claims, the arbitration panel awarded the contractor $10 million. The Company’s indemnitors and co-obligors, described below, were responsible for the majority of the award, with the Company’s share being approximately one-fourth of the award.

With respect to the Company’s prior dispute with API, which was generally superseded by the Funding Agreement, the Company received timely payments as they came due under the Funding Agreement. Although API filed for bankruptcy protection in October 2017, it had made all of the payments to the Company in connection with the Fox River that are required of it by the Funding Agreement.

NCR's eventual remediation liability, followed by long-term monitoring expected to be performed by others, will depend on a number of factors. In establishing the reserve, NCR attempts to estimate a range of reasonably possible outcomes for each of these factors, although each range is itself uncertain. NCR uses its best estimate within the range, if that is possible. Where there is a range of equally possible outcomes, and there is no amount within that range that is considered to be a better estimate than any other amount, NCR uses the low end of the range. The significant factors include: (1) the total remaining clean-up costs, including the costs associated with decommissioning the site, the expected cost impact of which is expected to be neutral or non-material to the Company, including long-term monitoring following completion of the clean-up, and what parties are

assigned to discharge the post-clean-up tasks (as noted, the Company no longer expects to bear long-term monitoring costs); (2) total NRD for the site and the share that NCR will bear (which is now resolved as to the Company); (3) the share of clean-up costs that NCR will bear (which is resolved under the CD settlement); (4) NCR's transaction and litigation costs to defend itself to the extent additional litigation is required with respect to claims brought by the general contractor; and (5) the share of NCR's payments that BAT will bear (which is governed by the Cost Sharing Agreement and the Funding Agreement, BAT has made all of the payments requested of it, and as discussed above; API is in bankruptcy and is not presumed likely to bear further shares of NCR’s payments). With respect to NRD, in connection with a certain settlement entered into by other PRPs in 2015, the Government withdrew the NRD claims it had prosecuted on behalf of NRD trustees, including those NRD claims asserted against the Company.

Calculation of the Company's Fox River reserve is subject to several complexities, and it is possible there could be additional changes to some elements of the reserve over upcoming periods, although the Company is unable to predict or estimate such changes at this time. There can be no assurance that the clean-up and related expenditures and liabilities will not have a material effect on NCR's capital expenditures, earnings, financial condition, cash flows, or competitive position. As of June 30, 2020, the gross reserve for the Fox River matter was approximately $4 million, compared to $5 million as of December 31, 2019. As of June 30, 2020, the net reserve for the Fox River matter was approximately $26 million, compared to $16 million as of December 31, 2019. NCR contributes to the LLC to fund remediation activities and generally, by contract, has funded certain amounts of remediation expenses in advance. As of June 30, 2020 and December 31, 2019, approximately zero remained from this funding. NCR's reserve for the Fox River matter is reduced as the LLC makes payments to the remediation contractor and other vendors with respect to remediation activities.

Under a 1996 agreement, AT&T Corp. (AT&T) and Nokia (as the successor to Lucent Technologies and Alcatel-Lucent USA) are responsible severally (not jointly) for indemnifying NCR for certain portions of the amounts paid by NCR for the Fox River matter over a defined threshold and subject to certain offsets. (The agreement governs certain aspects of AT&T's divestiture of NCR and of what was then known as Lucent Technologies.) Those companies have made the payments requested of them by the Company on an ongoing basis.

Kalamazoo River In November 2010, USEPA issued a "general notice letter" to NCR with respect to the Allied Paper, Inc./Portage Creek/Kalamazoo River Superfund Site (Kalamazoo River site) in Michigan. Three other companies - International Paper, Mead Corporation, and Consumers Energy - also received general notice letters at or about the same time. USEPA asserts that the site is contaminated by various substances, primarily PCBs, as a result of discharges by various paper mills located along the river. USEPA does not claim that the Company made direct discharges into the Kalamazoo River, and NCR never had facilities at or near the Kalamazoo River site, but USEPA indicated that "NCR may be liable under Section 107 of CERCLA ... as an arranger, who by contract or agreement, arranged for the disposal, treatment and/or transportation of hazardous substances at the Site." USEPA stated that it "may issue special notice letters to [NCR] and other PRPs for future RI/FS [remedial investigation / feasibility studies] and RD/RA [remedial design / remedial action] negotiations."

In connection with the Kalamazoo River site, in December 2010 the Company, along with two other defendants, was sued in federal court by three Georgia-Pacific (GP) affiliate corporations in a private-party contribution and cost recovery action for alleged pollution. The suit, pending in Michigan, asks that the Company and other defendants pay a "fair portion" of these companies’ costs. Various removal and remedial actions remain to be decided upon and performed at the Kalamazoo River site, the total costs for which generally remain undetermined; in 2017 Records of Decisions were issued for two parts of the river, and in 2018 such a decision was issued for another part of the river, but such decisions for the majority of the work are expected to be made only over the next several years. The suit alleges that the Company is liable to the GP entities as an "arranger" under CERCLA. The initial phase of the case was tried in a Michigan federal court in February 2013; on September 26, 2013 the court issued a decision that held NCR was liable as an “arranger” as of at least March 1969. (PCB-containing carbonless copy paper was produced from approximately 1954 to April 1971, and the majority of contamination at the Kalamazoo River site had occurred prior to 1969). NCR preserved its right to appeal the September 2013 decision.

In the 2013 decision, the Court did not determine NCR’s share of the overall liability. Relative shares of liability for the four companies were tried to the court in a subsequent phase of the case in December 2015. In a ruling issued on March 29, 2018, the court addressed responsibility for the costs that GP had incurred in the past, totaling to approximately $50 million (GP had sought approximately $105 million, but $55 million of those claims were removed by the court upon motions filed by the Company and other parties); NCR and GP were each assigned a 40% share of those costs, and the other two companies were assigned 15% and 5% as their allocations. The court entered a judgment in the case on June 19, 2018, in which it indicated that it would not allocate future costs, but would enter a declaratory judgment that the four companies together had responsibility for future costs, in amounts and shares to be determined. Cross-proceedings have been commenced to obtain recoveries from the other parties pursuant to the judgment; those proceedings are stayed pending the appeal referenced below.

In July 2018, the Company appealed to the United States Court of Appeals for the Sixth Circuit both the 2013 court decision, which it believes is in conflict with a decision from the Fox River trial court as to Operable Unit 1 of that site and an affirmance of that decision from the Court of Appeals for the Seventh Circuit, and the 2018 court decision, on various legal grounds. The Company filed a bond to stay any execution of the judgment pending the appeal, and its application for a stay was approved by the court and remains stayed as of June 2020.

During the pendency of the Sixth Circuit stay, the Company negotiated a settlement of the Kalamazoo River matter with the USEPA and other government agencies having oversight over the river. On December 5, 2019, the Company entered into a Consent Decree, filed with the District Court on December 11, 2019, which will resolve all litigation associated with the river clean-up, including the Sixth Circuit appeal when approved. Upon approval, the Consent Decree will require the Company to pay GP its 40% share of past costs, to pay the USEPA and state agencies their past and future administrative costs, to dismiss its Sixth Circuit appeal, and to take responsibility for the remediation of a portion, but not all, of the Kalamazoo River. The Consent Decree further provides the Company protection from other PRPs, including GP, seeking contribution for their costs associated with the clean-up anywhere on the river, thereby resolving the allocation of future costs left unresolved by the June 19, 2019 judgment.

The Consent Decree was subject to a public comment period, which ended February 18, 2020, and the Company is still awaiting approval of the Consent Decree. In May 2020, the US and state agencies filed motions supporting entry of the Consent Decree, and in June 2020, the court permitted GP and the other two Kalamazoo defendants to intervene to file motions in opposition to the Consent Decree. A decision on approval of the Consent Decree is not expected until completion of all briefing in August 2020.

NCR expects to have claims against BAT and API under the Funding Agreement, discussed above for the Kalamazoo River remediation expenses. API filed for bankruptcy protection in October 2017, and thus payment of its potential share under the Funding Agreement for so-called “future sites,” which would include the Kalamazoo River site, may be at risk, but as liability under the Cost Sharing Agreement and the Funding Agreement is joint and several, the bankruptcy is not anticipated to affect the Company’s ability to seek that amount from BAT. The Company will also have indemnity or reimbursement claims against AT&T and Nokia under the arrangement discussed above in connection with the Fox River matter after expenses have met a contractual threshold set out in the 1996 agreement referenced above in the Fox River discussion.

As of June 30, 2020 and December 31, 2019, the total reserve for Kalamazoo was $80 million and $81 million, respectively. That figure is reported on a basis that is net of expected contributions from the Company's co-obligors and indemnitors, subject to when the applicable threshold is reached. As many aspects of the costs of remediation will not be determined for several years (and thus the high end of a range of possible costs for many areas of the site cannot be quantified at this time), the Company has made what it considers to be reasonable estimates of the low end of a range for such costs where remedies are identified, and/or of the costs of investigations and studies for areas of the river where remedies have not yet been determined, and the reserve is informed by those estimates. The extent of NCR’s potential liability remains subject to many uncertainties, notwithstanding the settlement of this matter and related Consent Decree noted above, particularly inasmuch as remedy decisions and cost estimates will not be generated until times in the future and as most of the work to be performed will take place through the 2030s. Under other assumptions or estimates for possible costs of remediation, which the Company does not at this point consider to be reasonably estimable or verifiable, it is possible that the reserve the Company has taken to discontinued operations reflected in this paragraph could more than approximately double the reflected reserve.

Ebina The Company is engaged in cooperative regulatory compliance activities with the government of Japan in connection with certain environmental contaminants generated in its past operations in that country. The Company has quantities of PCB and other wastes primarily from its former plant at Oiso, Japan, including capsulated undiluted solutions manufactured in the past, capacitors, light ballasts and PCB-affected soil from the Oiso plant that was excavated and placed in steel drums. These wastes are stored in a facility at Ebina, Japan in accordance with Japanese regulations governing such materials. Over the past several years Japan has enacted and amended legislation governing such wastes, and has set a current deadline for treating and disposing of (at government-constructed disposal facilities) the highest-concentration wastes by 2027. Lower-concentration wastes can be and have been disposed of via private contractors, and as of the period ended June 30, 2020, NCR had disposed of more than a third of its lower-concentration wastes.

The Company and its consultants have met and communicated regularly with the Japanese agency charged with administration of the law, and are working with that agency on a program to manage disposal of the high-concentration wastes, including tests of technologies to make the disposal more efficient. Based on communications with the agency, the earliest that high-concentration wastes can be disposed of will be in early 2021, with final deadlines for various of the government-constructed disposal sites currently set for 2022, 2023 and later. Low-concentration wastes are required to be contracted for disposal by

2027, a timetable that the Company expects to meet. In September 2019, the Company’s environmental consultants, following a series of communications and meetings with the Japanese agency, at the Company’s request prepared an estimate of remaining disposal costs over the coming several years. While the estimate is subject to a range of assumptions and uncertainties, including prospects of cost reduction in coordination with the agency as certain field testing to separate high-concentration and low-concentration waste progresses over the coming years, the Company has adjusted its existing reserve for the matter to take into account this cost estimate, and that reserve as of June 30, 2020 is $20 million compared to $19 million at December 31, 2019. The Japan environmental waste issue is treated as a compliance matter and not as litigation or enforcement, and the Company has received no threats of litigation or enforcement.

Environmental-Related Insurance Recoveries In connection with the Fox River and other environmental sites, through June 30, 2020, NCR has received a combined gross total of approximately $202 million in settlements reached with various of its insurance carriers. Portions of many of these settlements agreed in the 2010 through 2013 timeframe are payable to a law firm that litigated the claims on the Company's behalf. Some of the settlements cover not only the Fox River but also other environmental sites; some are limited to either the Fox River or the Kalamazoo River site. Some of the settlements are directed to defense costs and some are directed to indemnity; some settlements cover both defense costs and indemnity. The Company does not anticipate that further material insurance recoveries specific to Kalamazoo River remediation costs will be available to it, owing to considerations under applicable Michigan law. Claims with respect to Kalamazoo River defense costs have now been settled, with the amounts of those settlements included in the sum reported above.

Environmental Remediation Estimates It is difficult to estimate the future financial impact of environmental laws, including potential liabilities. NCR records environmental provisions when it is probable that a liability has been incurred and the amount or range of the liability is reasonably estimable in accordance with accounting guidance, where liabilities are not expected to be quantifiable or estimable for a period of years, the estimated costs of investigating those liabilities are recorded as a component of the reserve for that particular site. Provisions for estimated losses from environmental restoration and remediation are, depending on the site, based generally on internal and third-party environmental studies, estimates as to the number and participation level of other PRPs, the extent of contamination, estimated amounts for attorney and other fees, and the nature of required clean-up and restoration actions. Reserves are adjusted as further information develops or circumstances change. Management expects that the amounts reserved from time to time will be paid out over the period of investigation, negotiation, remediation and restoration for the applicable sites. The amounts provided for environmental matters in NCR's Condensed Consolidated Financial Statements are the estimated gross undiscounted amounts of such liabilities, without deductions for indemnity insurance, third-party indemnity claims or recoveries from other PRPs, except as qualified in the following sentences. In those cases where insurance carriers or third-party indemnitors have agreed to pay any amounts and management believes that collectability of such amounts is probable, the amounts are recorded in the Condensed Consolidated Financial Statements. For the Fox River and Kalamazoo River sites, as described above, assets relating to the AT&T and Nokia indemnities and to the BAT obligations are recorded as payment is supported by contractual agreements, public filings and/or payment history.

Guarantees and Product Warranties In the ordinary course of business, NCR may issue performance guarantees on behalf of its subsidiaries to certain of its customers and other parties. Some of those guarantees may be backed by standby letters of credit, surety bonds, or similar instruments. In general, under the guarantees, NCR would be obligated to perform, or cause performance, over the term of the underlying contract in the event of an unexcused, uncured breach by its subsidiary, or some other specified triggering event, in each case as defined by the applicable guarantee. NCR believes the likelihood of having to perform under any such guarantee is remote. As of June 30, 2020 and December 31, 2019, NCR had no material obligations related to such guarantees, and therefore its Condensed Consolidated Financial Statements do not have any associated liability balance.

NCR provides its customers a standard manufacturer’s warranty and records, at the time of the sale, a corresponding estimated liability for potential warranty costs. Estimated future obligations due to warranty claims are based upon historical factors, such as labor rates, average repair time, travel time, number of service calls per machine and cost of replacement parts. When a sale is consummated, the total customer revenue is recognized, provided that all revenue recognition criteria are otherwise satisfied, and the associated warranty liability is recorded using pre-established warranty percentages for the respective product classes.

From time to time, product design or quality corrections are accomplished through modification programs. When identified, associated costs of labor and parts for such programs are estimated and accrued as part of the warranty reserve.

The Company recorded the activity related to the warranty reserve for the six months ended June 30 as follows:


In millions	2020		2019
Warranty reserve liability
Beginning balance as of January 1	$	21	$	26
Accruals for warranties issued	15		16
Settlements (in cash or in kind)	(18)		(20)
Ending balance as of June 30	$	18	$	22

In addition, NCR provides its customers with certain indemnification rights. In general, NCR agrees to indemnify the customer if a third party asserts patent or other infringement on the part of its customers for its use of the Company’s products subject to certain conditions that are generally standard within the Company’s industries. On limited occasions the Company will undertake additional indemnification obligations for business reasons. From time to time, NCR also enters into agreements in connection with its acquisition and divestiture activities that include indemnification obligations by the Company. The fair value of these indemnification obligations is not readily determinable due to the conditional nature of the Company’s potential obligations and the specific facts and circumstances involved with each particular agreement. The Company has not recorded a liability in connection with these indemnifications, and no current indemnification instance is material to the Company’s financial position. Historically, payments made by the Company under these types of agreements have not had a material effect on the Company’s consolidated financial condition, results of operations or cash flows.

Purchase Commitments The Company has purchase commitments for materials, supplies, services, and property, plant and equipment as part of the normal course of business. This includes a long-term service agreement with Accenture, under which many of NCR's key transaction processing activities and functions are performed.

Leasing

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

LEASING

10. LEASING

Lessee We lease property, vehicles and equipment under operating and financing leases. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. We determine the lease term by assuming the exercise of renewal options that are reasonably certain. Leases with a lease term 12 months or less at inception are not recorded on our Condensed Consolidated Balance Sheet and are expensed on a straight-line basis over the lease term in our Condensed Consolidated Statement of Operations. Our leases may include rental escalation clauses, renewal options and/or termination options that are factored into our determination of lease payments when appropriate. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. Our incremental borrowing rate is based on a credit-adjusted risk-free rate at commencement date, which best approximates a secured rate over a similar term of lease. Additionally, we do not separate lease and non-lease components for any asset classes, except for those leases embedded in certain service arrangements. Fixed and in-substance fixed payments are included in the recognition of the operating and financing assets and lease liabilities, however, variable lease payments, other than those based on a rate or index, are recognized in the Condensed Consolidated Statements of Operations in the period in which the obligation for those payments is incurred. The Company’s variable lease payments generally relate to payments tied to various indices, non-lease components and payments above a contractual minimum fixed payment.

The following table presents our lease balances as of June 30, 2020 and December 31, 2019:


In millions	Location in the Condensed Consolidated Balance Sheet	June 30, 2020		December 31, 2019
Assets
Operating lease assets	Operating lease assets	$	347	$	391
Finance lease assets	Property, plant and equipment, net	54		38
Accumulated Amortization of Finance lease assets	Property, plant and equipment, net	(12)		(5)
Total leased assets		$	389	$	424
Liabilities
Current
Operating lease liabilities	Other current liabilities	$	83	$	91
Finance lease liabilities	Other current liabilities	14		10
Noncurrent
Operating lease liabilities	Operating lease liabilities	334		369
Finance lease liabilities	Other liabilities	31		25
Total lease liabilities		$	462	$	495

The following tables present our lease costs for operating and finance leases:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Operating lease cost	$	30	$	62
Finance lease cost
Amortization of leased assets	3		6
Interest on lease liabilities	1		1
Short-Term lease cost	1		2
Variable lease cost	9		16
Total lease cost	$	44	$	87


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Operating lease cost	$	34	$	69
Finance lease cost
Amortization of leased assets	1		1
Interest on lease liabilities	—		—
Short-Term lease cost	1		3
Variable lease cost	7		16
Total lease cost	$	43	$	89

The following tables present the supplemental cash flow information:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	31	$	61
Operating cash flows from finance leases	$	1	$	1
Financing cash flows from finance leases	$	3	$	6
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	4	$	2
Finance Leases	$	7	$	15


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	38	$	70
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	8	$	20
Finance Leases	$	8	$	9

The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the finance lease liabilities and operating lease liabilities recorded on the Condensed Consolidated Balance Sheet as of June 30, 2020:


In millions	Operating Leases		Finance Leases
Remainder of 2020	$	59	$	8
2021	89		16
2022	67		15
2023	45		8
2024	38		1
Thereafter	271		—
Total lease payments	569		48
Less: Amount representing interest	(152)		(3)
Present value of lease liabilities	$	417	$	45

As of June 30, 2020, we have additional operating leases of $69 million, primarily for a real estate lease in Europe, that have not yet commenced. This operating lease is expected to commence in 2021 with a lease term of 10 years.

The following table presents the weighted average remaining lease term and interest rates:


	June 30, 2020		December 31, 2019
Weighted average lease term:
Operating leases	9.1 years		8.9 years
Finance leases	3.1 years		3.4 years
Weighted average interest rates:
Operating leases	6.45	%	6.42	%
Finance leases	4.44	%	3.72	%

Lessor We have various arrangements for certain point-of-sale equipment under which we are the lessor. These leases meet the criteria for operating lease classification. Lease income associated with these leases is not material.

LEASING

10. LEASING

The following table presents our lease balances as of June 30, 2020 and December 31, 2019:


In millions	Location in the Condensed Consolidated Balance Sheet	June 30, 2020		December 31, 2019
Assets
Operating lease assets	Operating lease assets	$	347	$	391
Finance lease assets	Property, plant and equipment, net	54		38
Accumulated Amortization of Finance lease assets	Property, plant and equipment, net	(12)		(5)
Total leased assets		$	389	$	424
Liabilities
Current
Operating lease liabilities	Other current liabilities	$	83	$	91
Finance lease liabilities	Other current liabilities	14		10
Noncurrent
Operating lease liabilities	Operating lease liabilities	334		369
Finance lease liabilities	Other liabilities	31		25
Total lease liabilities		$	462	$	495

The following tables present our lease costs for operating and finance leases:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Operating lease cost	$	30	$	62
Finance lease cost
Amortization of leased assets	3		6
Interest on lease liabilities	1		1
Short-Term lease cost	1		2
Variable lease cost	9		16
Total lease cost	$	44	$	87


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Operating lease cost	$	34	$	69
Finance lease cost
Amortization of leased assets	1		1
Interest on lease liabilities	—		—
Short-Term lease cost	1		3
Variable lease cost	7		16
Total lease cost	$	43	$	89

The following tables present the supplemental cash flow information:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	31	$	61
Operating cash flows from finance leases	$	1	$	1
Financing cash flows from finance leases	$	3	$	6
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	4	$	2
Finance Leases	$	7	$	15


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	38	$	70
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	8	$	20
Finance Leases	$	8	$	9


In millions	Operating Leases		Finance Leases
Remainder of 2020	$	59	$	8
2021	89		16
2022	67		15
2023	45		8
2024	38		1
Thereafter	271		—
Total lease payments	569		48
Less: Amount representing interest	(152)		(3)
Present value of lease liabilities	$	417	$	45

The following table presents the weighted average remaining lease term and interest rates:


	June 30, 2020		December 31, 2019
Weighted average lease term:
Operating leases	9.1 years		8.9 years
Finance leases	3.1 years		3.4 years
Weighted average interest rates:
Operating leases	6.45	%	6.42	%
Finance leases	4.44	%	3.72	%

Series A Convertible Preferred Stock	6 Months Ended
Series A Convertible Preferred Stock	Jun. 30, 2020
Series A Preferred Stock [Abstract]
SERIES A CONVERTIBLE PREFERRED STOCK	11. SERIES A CONVERTIBLE PREFERRED STOCK On December 4, 2015, NCR issued 820,000 shares of Series A Convertible Preferred Stock to certain entities affiliated with the Blackstone Group L.P. (collectively, Blackstone) for an aggregate purchase price of $820 million, or $1,000 per share, pursuant to an Investment Agreement between the Company and Blackstone, dated November 11, 2015. In connection with the issuance of the Series A Convertible Preferred Stock, the Company incurred direct and incremental expenses of $26 million, including financial advisory fees, closing costs, legal expenses and other offering-related expenses. These direct and incremental expenses originally reduced the Series A Convertible Preferred Stock, and will be accreted through retained earnings as a deemed dividend from the date of issuance through the first possible known redemption date, March 16, 2024. Holders of Series A Convertible Preferred Stock are entitled to a cumulative dividend at the rate of 5.5% per annum, payable quarterly in arrears. The Series A Convertible Preferred Stock is convertible at the option of the holders at any time into shares of common stock at a conversion price of $30.00 per share, or a conversion rate of 33.333 shares of common stock per share of Series A Convertible Preferred Stock. Under the Investment Agreement, Blackstone agreed not to sell or otherwise transfer its shares of Series A Convertible Preferred Stock (or any shares of common stock issued upon conversion thereof) without the Company’s consent until June 4, 2017. In March 2017, we provided Blackstone with an early release from this lock-up, allowing Blackstone to sell approximately 49% of its shares of Series A Convertible Preferred Stock, and in return, Blackstone agreed to amend the Investment Agreement to extend the lock-up on the remaining 51% of its shares of Series A Convertible Preferred Stock for six months until December 1, 2017. In connection with the early release of the lock-up, Blackstone offered for sale 342,000 shares of Series A Convertible Preferred Stock in an underwritten public offering. In addition, Blackstone converted 90,000 shares of Series A Convertible Preferred Stock into shares of our common stock and we repurchased those shares of common stock for $48.47 per share. The underwritten offering and the stock repurchase were consummated on March 17, 2017. On September 18, 2019, NCR entered into an agreement to repurchase and convert the outstanding 512,221 shares of Series A Convertible Preferred Stock owned by Blackstone. NCR repurchased 237,673 shares of Series A Convertible Preferred Stock for total cash consideration of $302 million. The remaining shares of Blackstone's Series A Convertible Preferred Stock, including accrued dividends, were converted to approximately 9.16 million shares of common stock at a conversion price of $30.00 per share. Beginning in the first quarter of 2020, dividends are payable in cash or in-kind at the option of the Company. During the three months ended June 30, 2020 and 2019, the Company paid dividends-in-kind of $7 million and $12 million, respectively. During the six months ended June 30, 2020, the Company paid total dividends of $13 million of which $7 million were dividends-in-kind and $6 million were paid in cash. During the six months ended June 30, 2019, the Company paid dividends-in-kind of $24 million. As of June 30, 2020 and December 31, 2019, the Company had accrued dividends of $1 million, respectively, associated with the Series A Convertible Preferred Stock. As of June 30, 2020 and December 31, 2019, the maximum number of common shares that could be required to be issued upon conversion of the outstanding shares of Series A Convertible Preferred Stock was 13.5 million and 13.3 million shares, respectively.

Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

EARNINGS PER SHARE

12. EARNINGS PER SHARE

Basic earnings per share (EPS) is calculated by dividing net income or loss attributable to NCR, less any dividends (declared or cumulative undeclared), deemed dividends, accretion or decretion, redemption or induced conversion on our Series A Convertible Preferred Stock, by the weighted average number of shares outstanding during the period.

In computing diluted EPS, we adjust the numerator used in the basic EPS computation, subject to anti-dilution requirements, to add back the dividends (declared or cumulative undeclared), deemed dividends, accretion or decretion, redemption or induced conversion on our Series A Convertible Preferred Stock. We adjust the denominator used in the basic EPS computation, subject to anti-dilution requirements, to include the dilution from potential shares related to the Series A Convertible Preferred Stock and stock-based compensation plans.

The holders of Series A Convertible Preferred Stock, unvested restricted stock units and stock options do not have nonforfeitable rights to common stock dividends or common stock dividend equivalents. Accordingly, the Series A Convertible Preferred Stock, unvested restricted stock units and stock options do not qualify as participating securities. See Note 7, Stock Compensation Plans for share information on NCR’s stock compensation plans.

The components of basic earnings per share are as follows:


In millions, except per share amounts	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Numerator:
Income from continuing operations	$	64		$	88		$	87		$	125
Dividends on Series A Convertible Preferred Stock	(7)			(12)			(13)			(25)

Income from continuing operations attributable to NCR common stockholders	57			76			74			100
Loss from discontinued operations, net of tax	—			—			—			—
Net income attributable to NCR common stockholders	$	57		$	76		$	74		$	100

Denominator:
Basic weighted average number of shares outstanding	128.0			120.2			128.0			119.8

Basic earnings per share:
From continuing operations	$	0.45		$	0.63		$	0.58		$	0.83
From discontinued operations	—			—			—			—
Total basic earnings per share	$	0.45		$	0.63		$	0.58		$	0.83

The components of diluted earnings per share are as follows:


In millions, except per share amounts	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Numerator:
Income from continuing operations	$	64		$	88		$	87		$	125
Dividends on Series A Convertible Preferred Stock	(7)			—			(13)			(25)

Income from continuing operations attributable to NCR common stockholders	57			88			74			100
Loss from discontinued operations, net of tax	—			—			—			—
Net income attributable to NCR common stockholders	$	57		$	88		$	74		$	100

Denominator:
Basic weighted average number of shares outstanding	128.0			120.2			128.0			119.8

Dilutive effect of as-if converted Series A Convertible Preferred Stock	—			29.6			—			—
Dilutive effect of restricted stock units and stock options	0.9			2.9			1.7			3.2
Weighted average diluted shares	128.9			152.7			129.7			123.0

Diluted earnings per share:
From continuing operations	$	0.44		$	0.58		$	0.57		$	0.81
From discontinued operations	—			—			—			—
Total diluted earnings per share	$	0.44		$	0.58		$	0.57		$	0.81

For the three months ended June 30, 2020, shares related to the as-if converted Series A Convertible Preferred Stock of 13.4 million were excluded from the diluted share count because their effect would have been anti-dilutive. For the three months ended June 30, 2020, weighted average restricted stock units and stock options of 11.4 million were excluded from the diluted share count because their effect would have been anti-dilutive.

For the three months ended June 30, 2019, it was more dilutive to assume the Series A Convertible Preferred Stock was converted to common stock and therefore the weighted average outstanding shares of common stock were adjusted by the as-if converted Series A Convertible Preferred Stock. For the three months ended June 30, 2019, weighted average restricted stock units and stock options of 4.7 million were excluded from the diluted share count because their effect would have been anti-dilutive.

For the six months ended June 30, 2020, shares related to the as-if converted Series A Convertible Preferred Stock of 13.3 million were excluded from the diluted share count because their effect would have been anti-dilutive. For the six months ended June 30, 2020, weighted average restricted stock units and stock options of 9.9 million were excluded from the diluted share count because their effect would have been anti-dilutive.

For the six months ended June 30, 2019, shares related to the as-if converted Series A Convertible Preferred Stock of 29.4 million were excluded from the diluted share count because their effect would have been anti-dilutive. For the six months ended June 30, 2019, weighted average restricted stock units and stock options of 5.1 million were excluded from the diluted share count because their effect would have been anti-dilutive.

Derivatives and Hedging Instruments

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVES AND HEDGING INSTRUMENTS

13. DERIVATIVES AND HEDGING INSTRUMENTS

NCR is exposed to risks associated with changes in foreign currency exchange rates and interest rates. NCR utilizes a variety of measures to monitor and manage these risks, including the use of derivative financial instruments. NCR has exposure to approximately 50 functional currencies. Since a substantial portion of our operations and revenue occur outside the U.S., and in currencies other than the U.S. Dollar, our results can be significantly impacted, both positively and negatively, by changes in foreign currency exchange rates.

Foreign Currency Exchange Risk

The accounting guidance for derivatives and hedging requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the Condensed Consolidated Balance Sheets. The Company designates foreign exchange contracts as cash flow hedges of forecasted transactions when they are determined to be highly effective at inception.

Our risk management strategy includes hedging, on behalf of certain subsidiaries, a portion of our forecasted, non-functional currency denominated cash flows for a period of up to 15 months. As a result, some of the impact of currency fluctuations on non-functional currency denominated transactions (and hence on subsidiary operating income, as stated in the functional currency), is mitigated in the near term. The amount we hedge and the duration of hedge contracts may vary significantly. In the longer term (greater than 15 months), the subsidiaries are still subject to the effect of translating the functional currency results to U.S. Dollars. To manage our exposures and mitigate the impact of currency fluctuations on the operations of our foreign subsidiaries, we hedge our main transactional exposures through the use of foreign exchange forward and option contracts. This is primarily done through the hedging of foreign currency denominated inter-company inventory purchases by NCR’s marketing units and the foreign currency denominated inputs to our manufacturing units. The related foreign exchange contracts are designated as highly effective cash flow hedges. The gains or losses on these hedges are deferred in accumulated other comprehensive income (AOCI) and reclassified to income when the underlying hedged transaction is recorded in earnings. As of June 30, 2020, the balance in AOCI related to foreign exchange derivative transactions was zero, net of tax. The gains or losses from derivative contracts related to inventory purchases are recorded in cost of products when the inventory is sold to an unrelated third party.

We also utilize foreign exchange contracts to hedge our exposure of assets and liabilities denominated in non-functional currencies. We recognize the gains and losses on these types of hedges in earnings as exchange rates change. We do not enter into hedges for speculative purposes.

The following tables provide information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets:


	Fair Values of Derivative Instruments
	June 30, 2020
In millions	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets	$	155	$	1	Other current liabilities	$	79	$	2
Total derivatives designated as hedging instruments				$	1				$	2
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$	174	$	1	Other current liabilities	$	319	$	1
Total derivatives not designated as hedging instruments				$	1				$	1
Total derivatives				$	2				$	3


	Fair Values of Derivative Instruments
	December 31, 2019
In millions	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets	$	55	$	1	Other current liabilities	$	—	$	—
Total derivatives designated as hedging instruments				$	1				$	—
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$	71	$	1	Other current liabilities	$	264	$	1
Total derivatives not designated as hedging instruments				$	1				$	1
Total derivatives				$	2				$	1

The effects of derivative instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2020 and 2019 were as follows:


In millions	Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative							Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging Relationships	For the three months ended June 30, 2020		For the three months ended June 30, 2019		Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations	For the three months ended June 30, 2020		For the three months ended June 30, 2019

Foreign exchange contracts	$	(3)	$	—	Cost of products	$	—	$	(2)


In millions	Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative							Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging Relationships	For the six months ended June 30, 2020		For the six months ended June 30, 2019		Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations	For the six months ended June 30, 2020		For the six months ended June 30, 2019

Foreign exchange contracts	$	—	$	1	Cost of products	$	(1)	$	(3)


In millions		Amount of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations
		Three months ended June 30						Six months ended June 30
Derivatives not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations	2020		2019		2020		2019
Foreign exchange contracts	Other (expense), net	$	5	$	(3)	$	11	$	(8)

Refer to Note 13. Derivatives and Hedging Instruments, for further information on derivative assets and liabilities recorded at fair value on a recurring basis.

Concentration of Credit Risk

NCR is potentially subject to concentrations of credit risk on accounts receivable and financial instruments such as hedging instruments and cash and cash equivalents. Credit risk includes the risk of nonperformance by counterparties. The maximum potential loss may exceed the amount recognized on the Condensed Consolidated Balance Sheets. Exposure to credit risk is managed through credit approvals, credit limits, selecting major international financial institutions (as counterparties to hedging transactions) and monitoring procedures. NCR’s business often involves large transactions with customers, and if one or more of those customers were to default on its obligations under applicable contractual arrangements, the Company could be exposed to potentially significant losses. However, management believes that the reserves for expected losses are adequate. As of June 30, 2020, we did not have any significant concentration of credit risk related to financial instruments.

Fair Value of Assets and Liabilities

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

FAIR VALUE OF ASSETS AND LIABILITIES

14. FAIR VALUE OF ASSETS AND LIABILITIES

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Assets and liabilities recorded at fair value on a recurring basis as of June 30, 2020 and December 31, 2019 are set forth as follows:


	June 30, 2020
In millions	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Deposits held in money market mutual funds ⁽¹⁾	$	1,365	$	1,365	$	—	$	—
Foreign investments⁽²⁾	4		—		4		—
Foreign exchange contracts ⁽²⁾	2		—		2		—
Total	$	1,371	$	1,365	$	6	$	—
Liabilities:
Foreign exchange contracts ⁽³⁾	$	3	$	—	$	3	$	—
Total	$	3	$	—	$	3	$	—


	December 31, 2019
In millions	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Deposits held in money market mutual funds ⁽¹⁾	$	15	$	15	$	—	$	—
Foreign exchange contracts ⁽²⁾	2		—		2		—
Total	$	17	$	15	$	2	$	—
Liabilities:

Foreign exchange contracts ⁽³⁾	$	1	$	—	$	1	$	—
Total	$	1	$	—	$	1	$	—

⁽¹⁾ Included in Cash and cash equivalents in the Condensed Consolidated Balance Sheets.

⁽²⁾ Included in Other current assets in the Condensed Consolidated Balance Sheets.

⁽³⁾ Included in Other current liabilities in the Condensed Consolidated Balance Sheets.

Deposits Held in Money Market Mutual Funds A portion of the Company’s excess cash is held in money market mutual funds that generate interest income based on prevailing market rates. Money market mutual fund holdings are measured at fair value using quoted market prices and are classified within Level 1 of the valuation hierarchy.

Foreign Investments As a result of our acquisition of Origami, as noted within Note 3, Business Combinations, we acquired investments held in Brazil. The investments include an investment fund similar to a mutual fund as well as certificates of deposit. The investments are valued using observable, either directly or indirectly, inputs for substantially the full term of the assets and are classified within Level 2 of the valuation hierarchy.

Foreign Exchange Contracts As a result of our global operating activities, we are exposed to risks from changes in foreign currency exchange rates, which may adversely affect our financial condition. To manage our exposures and mitigate the impact of currency fluctuations on our financial results, we hedge our primary transactional exposures through the use of foreign exchange forward and option contracts. The foreign exchange contracts are valued using the market approach based on observable market transactions of forward rates and are classified with in Level 2 of the valuation hierarchy.

Assets Measured at Fair Value on a Non-recurring Basis

From time to time, certain assets are measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). NCR reviews the carrying values of investments when events and circumstances warrant and considers all available evidence in evaluating when declines in fair value are other-than-temporary declines. There were no material impairment charges or non-recurring fair value adjustments recorded during the three months ended June 30, 2020 and 2019.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Accumulated Other Comprehensive Income (Loss) (AOCI)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI)

15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI)

Changes in AOCI by Component


In millions	Currency Translation Adjustments		Changes in Employee Benefit Plans		Changes in Fair Value of Effective Cash Flow Hedges		Total
Balance as of December 31, 2019	$	(260)	$	(10)	$	1	$	(269)

Other comprehensive income (loss) before reclassifications	(43)		—		—		(43)
Amounts reclassified from AOCI	—		(2)		(1)		(3)
Net current period other comprehensive (loss) income	(43)		(2)		(1)		(46)
Balance as of June 30, 2020	$	(303)	$	(12)	$	—	$	(315)

Reclassifications Out of AOCI


		For the three months ended June 30, 2020
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	—		$	—
	Cost of services	—		(1)		—			(1)
	Selling, general and administrative expenses	(1)		—		—			(1)
	Total before tax	$	(1)	$	(1)	$	—		$	(2)
	Tax expense								1
	Total reclassifications, net of tax								$	(1)


		For the three months ended June 30, 2019
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(2)		$	(2)
	Cost of services	—		—		—			—
	Selling, general and administrative expenses	—		(2)		—			(2)


	Total before tax	$	—	$	(2)	$	(2)		$	(4)
	Tax expense								1
	Total reclassifications, net of tax								$	(3)


		For the six months ended June 30, 2020
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(1)		$	(1)
	Cost of services	(1)		(2)		—			(3)
	Selling, general and administrative expenses	(1)		—		—			(1)


	Total before tax	$	(2)	$	(2)	$	(1)		$	(5)
	Tax expense								2
	Total reclassifications, net of tax								$	(3)


		For the six months ended June 30, 2019
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(3)		$	(3)
	Cost of services	(1)		(2)		—			$	(3)
	Selling, general and administrative expenses	—		(2)		—			$	(2)


	Total before tax	$	(1)	$	(4)	$	(3)		$	(8)
	Tax expense								1
	Total reclassifications, net of tax								$	(7)

Segment Information and Concentrations

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

SEGMENT INFORMATION AND CONCENTRATIONS

16. SEGMENT INFORMATION AND CONCENTRATIONS

The Company manages and reports the following segments:

•Banking - We offer solutions to enable customers in the financial services industry to reduce costs, generate new revenue streams and enhance customer loyalty. These solutions include a comprehensive line of ATM and payment processing hardware and software; cash management and video banking software and customer-facing digital banking services; and related installation, maintenance, and managed and professional services.

•Retail - We offer solutions to customers in the retail industry designed to improve selling productivity and checkout processes as well as increase service levels. The solutions offered serve the following customer markets in the retail industry: food, drug and mass merchandisers; department and specialty retailers; convenience and fuel retailers, and small and medium retailers. These solutions primarily include retail-oriented technologies, such as point of sale terminals and point of sale software; a retail software platform with a comprehensive suite of retail software applications; innovative self-service kiosks, such as self-checkout; as well as bar-code scanners. We also offer installation, maintenance, managed and professional services as well as payment processing solutions.

•Hospitality - We offer solutions to customers in the hospitality industry, serving businesses in the following markets: quick service restaurants, table service restaurants, small and medium restaurants and travel and entertainment venues. Our solutions include point of sale hardware and software solutions, installation, maintenance, managed and professional services as well as payment processing solutions.

•Other - This category includes telecommunications and technology solutions where we offer maintenance as well as managed and professional services for third-party hardware provided to select manufacturers who value and leverage our global service capability.

These segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the chief operating decision maker in assessing segment performance and in allocating the Company's resources. Management evaluates the performance of the segments based on revenue and segment operating income. Assets are not allocated to segments, and thus are not included in the assessment of segment performance. Consequently, we do not disclose total assets by reportable segment.

The accounting policies used to determine the results of the operating segments are the same as those utilized for the consolidated financial statements as a whole. Intersegment sales and transfers are not material.

To maintain operating focus on business performance, non-operational items are excluded from the segment operating results utilized by our chief operating decision maker in evaluating segment performance and are separately delineated to reconcile back to total reported income from operations.

The following table presents revenue and operating income by segment:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Revenue by segment
Banking	$	763		$	868		$	1,526		$	1,626
Retail	483			558			955			1,069
Hospitality	160			202			329			395
Other	78			82			177			156
Consolidated revenue	$	1,484		$	1,710		$	2,987		$	3,246
Operating income by segment
Banking	$	92		$	129		$	195		$	224
Retail	17			40			22			66
Hospitality	—			13			(9)			29
Other	7			10			12			20
Subtotal - segment operating income	116			192			220			339
Other adjustments ⁽¹⁾	27			35			54			82
Income from operations	$	89		$	157		$	166		$	257

⁽¹⁾The following table presents the other adjustments for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Transformation and restructuring costs	$	8		$	14		$	13		$	40
Acquisition-related amortization of intangible assets	19			21			41			42

Total other adjustments	$	27		$	35		$	54		$	82

The following table presents revenue by geography for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Americas	$	886		$	1,029		$	1,778		$	1,949
Europe, Middle East and Africa (EMEA)	407			452			810			871
Asia Pacific (APJ)	191			229			399			426
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246

The following tables present revenue from products and services for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Product revenue	$	481		$	664		$	955		$	1,203
Professional services and installation services revenue	189			270			416			508
Recurring revenue, including maintenance, cloud revenue and payments	814			776			1,616			1,535
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Software	$	460		$	496		$	934		$	963
Services	605			622			1,241			1,207
Hardware	419			592			812			1,076
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Supplemental Financial Information

6 Months Ended

Jun. 30, 2020

Supplemental Financial Information [Abstract]

SUPPLEMENTAL FINANCIAL INFORMATION

17. SUPPLEMENTAL FINANCIAL INFORMATION

The components of accounts receivable are summarized as follows:


In millions	June 30, 2020		December 31, 2019
Accounts receivable
Trade	$	1,266	$	1,482
Other	37		52
Accounts receivable, gross	1,303		1,534
Less: allowance for credit losses	(54)		(44)
Total accounts receivable, net	$	1,249	$	1,490

Accounts receivable, net includes amounts billed and currently due from customers, as well as amounts unbilled that typically result from sales under contracts where revenue recognized exceeds the amount billed to the customer and where the Company has an unconditional right to consideration. The amounts due are stated at their net estimated realizable value.

Allowances for credit losses on accounts receivable are recognized when reasonable and supportable forecasts affect the expected collectability. This requires us to make our best estimate of the current expected losses inherent in our accounts receivable at each balance sheet date. These estimates require consideration of historical loss experience, adjusted for current conditions, forward looking indicators, trends in customer payment frequency and judgments about the probable effects of relevant observable data, including present and future economic conditions and the financial health of specific customers and market sectors. This policy is applied consistently among all of our operating segments.

Our allowance for credit losses as of June 30, 2020 and December 31, 2019 was $54 million and $44 million, respectively. Our allowance for credit losses charged to expense for the three and six months ended June 30, 2020 was $9 million and $19 million, respectively. We increased our allowance for credit losses for the three and six months ended June 30, 2020 by $3 million and $6 million, respectively, based upon current forecasts that reflect increased economic uncertainty resulting from the COVID-19 pandemic. The Company recorded write-offs against the reserve for the three and six months ended June 30, 2020 of $4 million and $6 million, respectively.

The components of inventory are summarized as follows:.


In millions	June 30, 2020		December 31, 2019
Inventories
Work in process and raw materials	$	198	$	204
Finished goods	201		184
Service parts	383		396
Total inventories	$	782	$	784

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	The accompanying Condensed Consolidated Financial Statements have been prepared by NCR Corporation (NCR, the Company, we or us) without audit pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC) and, in the opinion of management, include all adjustments (consisting of normal, recurring adjustments, unless otherwise disclosed) necessary for a fair statement of the consolidated results of operations, financial position, and cash flows for each period presented. The consolidated results for the interim periods are not necessarily indicative of results to be expected for the full year. The 2019 year-end Condensed Consolidated Balance Sheet was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (GAAP). These financial statements should be read in conjunction with NCR’s Form 10-K for the year ended December 31, 2019.
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and revenue and expenses during the period reported. Although our estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could differ from our expectations, which could materially affect our results of operations and financial position. In particular, a number of estimates have been and will continue to be affected by the ongoing novel coronavirus (COVID-19) pandemic. The severity, magnitude and duration of the COVID-19 pandemic, and the resulting economic consequences, are uncertain, rapidly changing and difficult to predict. As a result, our accounting estimates and assumptions may change over time as a consequence of the effects of COVID-19. Such changes could result in future impairments of goodwill, intangible assets, long-lived assets, incremental credit losses on accounts receivable and decreases in the carrying amount of our tax assets.
Evaluation of Subsequent Events	Evaluation of Subsequent Events The Company evaluated subsequent events through the date that our Condensed Consolidated Financial Statements were issued. No matters were identified that required adjustment of the Condensed Consolidated Financial Statements or additional disclosure.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy	Cash, Cash Equivalents, and Restricted Cash All short-term, highly liquid investments having original maturities of three months or less, including time deposits, are considered to be cash equivalents. The Company has restricted cash on deposit with a bank as collateral for letters of credit, funds held for clients as well as cash included in settlement assets.
Remaining Performance Obligations	Remaining Performance Obligations Remaining performance obligations represent the transaction price of orders for which products have not been delivered or services have not been performed. As of June 30, 2020, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $4 billion. The Company expects to recognize revenue on approximately three-quarters of the remaining performance obligations over the next 12 months, with the remainder recognized thereafter. The majority of our professional services are expected to be recognized over the next 12 months but this is contingent upon a number of factors, including customers’ needs and schedules.The Company has made two elections that affect the value of remaining performance obligations described above. We do not disclose remaining performance obligations for Software as a Service (SaaS) contracts where variable consideration is directly allocated based on usage or when the original expected length is one year or less.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Adopted In June 2016, the Financial Accounting Standards Board ("FASB") issued an accounting standards update with new guidance on accounting for credit losses on financial instruments. The new guidance includes an impairment model for estimating credit losses that is based on expected losses, rather than incurred losses. This accounting standards update is effective prospectively for fiscal years and interim periods beginning after December 15, 2019, with early adoption permitted. The adoption of this accounting standards update did not have a material effect on the Company's net income, cash flows or financial condition. In August 2018, the FASB issued an accounting standards update with new guidance on fair value measurement disclosure requirements that requires the disclosure of additions to and transfers into and out of Level 3 of the fair value hierarchy. This accounting standards update also requires disclosure about the uncertainty in measurement as of the reporting date. The new standard became effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 with early adoption permitted. The adoption of this accounting standards update did not have a material impact on our financial statement disclosures. In August 2018, the FASB issued an accounting standards update related to accounting for implementation costs incurred in a cloud computing arrangement that is also a service contract. If a cloud computing arrangement also includes an internal-use software, an intangible asset is recognized, and a liability is recognized for any payments related to the software license. However, if a cloud computing arrangement does not include a software license, the entity should account for the arrangement as a service contract and any fees associated with the service are expensed as incurred. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The adoption of this accounting standards update did not have a material effect on the Company's net income, cash flows or financial condition. In December 2019, the FASB issued an accounting standards update with new guidance that removes certain exceptions for recognizing deferred taxes for investments, performing intraperiod allocation and calculating income taxes in interim periods. This accounting standards update also adds guidance to reduce complexity in certain areas, including recognizing measures for the accounting for income taxes. This accounting standards update is effective for fiscal years and interim periods beginning after December 15, 2020, with early adoption permitted. The adoption of this accounting standards update did not have a material impact on the Company's net income, cash flows or financial condition. In March 2020, the SEC adopted final rules, effective January 4, 2021, that, among other things, amend the financial disclosure requirements of Regulation S-X under the Securities Act for guaranteed securities registered with the SEC. As permitted by such rules, the Company is voluntarily complying with the rules in advance of the effective date. Accordingly, we are no longer required to provide, and are not providing, supplemental guarantor information for NCR International, Inc.'s SEC registered guarantee of the 5.00% and 6.375% senior unsecured notes given that NCR International, Inc.'s reporting obligations with respect to guarantees under Section 15(d) of the Exchange Act have been automatically suspended.
Lessor	Lessor We have various arrangements for certain point-of-sale equipment under which we are the lessor. These leases meet the criteria for operating lease classification. Lease income associated with these leases is not material.

- Definition

Disclosure of accounting policy for revenue from contract with customer.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130561-203045

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130563-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130563-203045

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18823-107790

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130564-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045

+ Details

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Schedule of Net Contract Assets and Contract Liabilities Balances

The following table presents the net contract asset and contract liability balances as of June 30, 2020 and December 31, 2019.


In millions	Location in the Condensed Consolidated Balance Sheet	June 30, 2020		December 31, 2019
Current portion of contract assets	Other current assets	$	4	$	9
Current portion of contract liabilities	Contract liabilities	$	563	$	502
Non-current portion of contract liabilities	Other liabilities	$	80	$	81

Reconciliation of cash, cash equivalents, and restricted cash

The reconciliation of cash, cash equivalents and restricted cash in the Condensed Consolidated Statements of Cash Flows is as follows:


In millions	June 30
			2020			2019 As Revised
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,681		$	335
Restricted cash included in other assets	9			10
Funds held for clients included in other current assets	28			46
Cash included in settlement processing assets included in other current assets	21			10
Total cash, cash equivalents and restricted cash	$	1,739		$	401


In millions	March 31, 2020		December 31, 2019		September 30, 2019		June 30, 2019		March 31, 2019		December 31, 2018
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,214	$	509	$	388	$	335	$	414	$	464
Restricted cash included in other assets	7		7		21		10		9		12
Funds held for clients included in other current assets	44		32		45		46		64		46
Cash included in settlement processing assets included in other current assets	8		15		9		10		9		10
Total cash, cash equivalents and restricted cash	$	1,273	$	563	$	463	$	401	$	496	$	532

Revisions of Previously Issued Financials Statements (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Changes and Error Corrections [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

The appropriate changes are reflected in our Condensed Consolidated Statement of Cash Flows and the corrections are reflected in the tables below:


	For the year ended December 31, 2018
In millions	As Reported		Adjustment		As Revised
Business acquisitions, net	$	(206)	$	46	$	(160)
Net cash provided by (used in) investing activities	$	(520)	$	46	$	(474)
Net increase (decrease) in client obligations	$	—	$	10	$	10
Net cash provided by (used in) financing activities	$	(58)	$	10	$	(48)
Increase (decrease) in cash, cash equivalents and restricted cash	$	(67)	$	56	$	(11)
Cash, cash equivalents and restricted cash at the end of the period	$	476	$	56	$	532


	For the three months ended March 31, 2019
In millions	As Reported in March 31, 2019 Form 10-Q		Adjustment		As Revised in March 31, 2020 Form 10-Q		Further Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(10)	$	—	$	(10)	$	—	$	(10)
Net cash provided by (used in) operating activities	$	(16)	$	—	$	(16)	$	—	$	(16)


Net increase (decrease) in client obligations	$	—	$	17	$	17	$	—	$	17
Net cash provided by (used in) financing activities	$	36	$	17	$	53	$	—	$	53
Increase (decrease) in cash, cash equivalents and restricted cash	$	(53)	$	17	$	(36)	$	—	$	(36)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	46	$	522	$	10	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	423	$	63	$	486	$	10	$	496


	For the six months ended June 30, 2019
In millions	As Reported		Adjustment		As Revised
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	345	$	56	$	401


	For the nine months ended September 30, 2019
In millions	As Reported		Adjustment		As Revised
Net increase (decrease) in client funds	$	(2)	$	2	$	—
Net cash provided by (used in) investing activities	$	(292)	$	2	$	(290)
Net increase (decrease) in client obligations	$	2	$	(4)	$	(2)
Net cash provided by (used in) financing activities	$	33	$	(4)	$	29
Increase (decrease) in Cash, cash equivalents and restricted cash	$	(67)	$	(2)	$	(69)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	409	$	54	$	463


	For the year ended December 31, 2019
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	2	$	6	$	8
Net cash provided by (used in) operating activities	$	628	$	6	$	634
Net increase (decrease) in client obligations	$	(15)	$	15	$	—
Net cash provided by (used in) investing activities	$	(527)	$	15	$	(512)
Net increase (decrease) in client obligations	$	15	$	(30)	$	(15)
Net cash provided by (used in) financing activities	$	(31)	$	(30)	$	(61)
Increase (decrease) in Cash, cash equivalents and restricted cash	$	40	$	(9)	$	31
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	516	$	47	$	563


	For the three months ended March 31, 2020
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(90)	$	(7)	$	(97)
Net cash provided by (used in) operating activities	$	61	$	(7)	$	54
Increase (decrease) in Cash, cash equivalents and restricted cash	$	717	$	(7)	$	710
Cash, cash equivalents and restricted cash at the beginning of the period	$	548	$	15	$	563
Cash, cash equivalents and restricted cash at the end of the period	$	1,265	$	8	$	1,273

Reconciliation of cash, cash equivalents, and restricted cash

The reconciliation of cash, cash equivalents and restricted cash in the Condensed Consolidated Statements of Cash Flows is as follows:


In millions	June 30
			2020			2019 As Revised
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,681		$	335
Restricted cash included in other assets	9			10
Funds held for clients included in other current assets	28			46
Cash included in settlement processing assets included in other current assets	21			10
Total cash, cash equivalents and restricted cash	$	1,739		$	401


In millions	March 31, 2020		December 31, 2019		September 30, 2019		June 30, 2019		March 31, 2019		December 31, 2018
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,214	$	509	$	388	$	335	$	414	$	464
Restricted cash included in other assets	7		7		21		10		9		12
Funds held for clients included in other current assets	44		32		45		46		64		46
Cash included in settlement processing assets included in other current assets	8		15		9		10		9		10
Total cash, cash equivalents and restricted cash	$	1,273	$	563	$	463	$	401	$	496	$	532

Business Combinations (Tables)

6 Months Ended

Jun. 30, 2020

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition


In millions	Fair Value
Cash acquired	$	1
Investments acquired	9
Tangible assets acquired	18
Deferred gain on business acquisition	(10)
Liabilities assumed	(13)
Total purchase consideration	$	5

Goodwill and Long-Lived Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The carrying amounts of goodwill by segment as of June 30, 2020 and December 31, 2019 are included in the table below. Foreign currency fluctuations are included within other adjustments.


	December 31, 2019																June 30, 2020
In millions	Goodwill		Accumulated Impairment Losses		Total		Additions		Impairment		Other		Goodwill		Accumulated Impairment Losses		Total
Banking	$	1,774	$	(101)	$	1,673	$	—	$	—	$	(6)	$	1,768	$	(101)	$	1,667
Retail	638		(34)		604		—		—		(4)		634		(34)		600
Hospitality	402		(23)		379		3		—		(2)		403		(23)		380
Other	187		(11)		176		—		—		—		187		(11)		176
Total goodwill	$	3,001	$	(169)	$	2,832	$	3	$	—	$	(12)	$	2,992	$	(169)	$	2,823

Schedule of Purchased Intangible Assets

NCR's purchased intangible assets, reported in intangibles, net in the Condensed Consolidated Balance Sheets, were specifically identified when acquired, and are deemed to have finite lives. The gross carrying amount and accumulated amortization for NCR’s identifiable intangible assets were as set forth in the table below.


	Amortization Period (in Years)	June 30, 2020									December 31, 2019
In millions				Gross Carrying Amount			Accumulated Amortization			Gross Carrying Amount			Accumulated Amortization
Identifiable intangible assets
Reseller & customer relationships	1 - 20	$	737		$	(297)		$	735		$	(270)
Intellectual property	2 - 8	524			(407)			529			(397)
Customer contracts	8	89			(89)			89			(89)
Tradenames	1 - 10	77			(72)			78			(68)
Total identifiable intangible assets		$	1,427		$	(865)		$	1,431		$	(824)

Schedule of Aggregate Amortization Expense

The aggregate amortization expense (actual and estimated) for identifiable intangible assets for the following periods is:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020		Remainder of 2020 (estimated)
Amortization expense	$	19	$	41	$	40


	For the years ended December 31 (estimated)
In millions	2021		2022		2023		2024		2025
Amortization expense	$	73	$	68	$	66	$	59	$	51

Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Debt Obligations

The following table summarizes the Company's short-term borrowings and long-term debt:


				June 30, 2020									December 31, 2019
In millions, except percentages				Amount			Weighted-Average Interest Rate			Amount			Weighted-Average Interest Rate
Short-Term Borrowings
Current portion of Senior Secured Credit Facility ⁽¹⁾				$	8		2.68%			$	8		4.30%
Trade Receivables Securitization Facility				200			1.14%			270			2.65%
Other ⁽¹⁾				9			4.70%			4			2.82%
	Total short-term borrowings	$	217					$	282
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility ⁽¹⁾	$	736			2.68%		$	740			4.30%
	Revolving credit facility ⁽¹⁾	1,070				2.19%		265				3.76%
Senior notes:
	5.00% Senior Notes due 2022	600						600


	6.375% Senior Notes due 2023	700						700
	8.125% Senior Notes due 2025	400						—
	5.750% Senior Notes due 2027	500						500
	6.125% Senior Notes due 2029	500						500
Deferred financing fees				(36)						(32)
Other ⁽¹⁾				3			—%			4			0.05%
	Total long-term debt	$	4,473					$	3,277

(1) Interest rates are weighted-average interest rates as of June 30, 2020 and December 31, 2019.

Stock Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense

Stock-based compensation expense for the following periods were:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Restricted stock units	$	13		$	22		$	32		$	42
Stock options	6			2			10			4
Employee stock purchase plan	1			1			3			2
Stock-based compensation expense	20			25			45			48
Tax benefit	(2)			(4)			(5)			(7)
Stock-based compensation expense (net of tax)	$	18		$	21		$	40		$	41

Schedule of Valuation Assumptions Used To Estimate Fair Value of Stock Options

The table below details the assumptions used in determining the fair value of the option grants.


	Six months ended June 30
	2020			2019
Dividend yield	$	—		$	—
Risk-free interest rate	1.44		%	2.50		%
Expected volatility	33.51		%	34.79		%
Expected holding period (years)	3.7			3.9

Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2020

Pension Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Components of net periodic benefit cost (income) of the pension plans for the three months ended June 30 were as follows:


In millions	U.S. Pension Benefits									International Pension Benefits									Total Pension Benefits
			2020			2019			2020			2019			2020			2019
Net service cost	$	—		$	—		$	2		$	1		$	2		$	1
Interest cost	13			17			2			5			15			22
Expected return on plan assets	(9)			(12)			(6)			(7)			(15)			(19)




Net periodic benefit cost (income)	$	4		$	5		$	(2)		$	(1)		$	2		$	4

Components of net periodic benefit cost (income) of the pension plans for the six months ended June 30 were as follows:


In millions	U.S. Pension Benefits									International Pension Benefits									Total Pension Benefits
			2020			2019			2020			2019			2020			2019
Net service cost	$	—		$	—		$	3		$	3		$	3		$	3
Interest cost	26			$	33		6			$	10		32			$	43
Expected return on plan assets	(18)			$	(22)		(13)			$	(15)		(31)			$	(37)




Net periodic benefit cost (income)	$	8		$	11		$	(4)		$	(2)		$	4		$	9

Postretirement Plan

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

The benefit from the postretirement plan for the following periods were:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Interest cost	$	—		$	—		$	—		$	—
Amortization of:
Prior service benefit	—			(1)			(1)			$	(2)

Net postretirement benefit	$	—		$	(1)		$	(1)		$	(2)

Postemployment Retirement Benefits

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

The net cost of the postemployment plan for the following periods were:


	Three months ended June 30						Six months ended June 30
In millions	2020		2019		2020		2019
Net service cost	$	7	$	5	$	13	$	19
Interest cost	1		1		1		2
Amortization of:
Prior service benefit	(1)		(1)		(1)		(2)
Actuarial gain	(1)		—		(2)		(1)
Net benefit cost	$	6	$	5	$	11	$	18

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Product Warranty Liability

The Company recorded the activity related to the warranty reserve for the six months ended June 30 as follows:


In millions	2020		2019
Warranty reserve liability
Beginning balance as of January 1	$	21	$	26
Accruals for warranties issued	15		16
Settlements (in cash or in kind)	(18)		(20)
Ending balance as of June 30	$	18	$	22

Leasing (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Lease Balances

The following table presents our lease balances as of June 30, 2020 and December 31, 2019:


In millions	Location in the Condensed Consolidated Balance Sheet	June 30, 2020		December 31, 2019
Assets
Operating lease assets	Operating lease assets	$	347	$	391
Finance lease assets	Property, plant and equipment, net	54		38
Accumulated Amortization of Finance lease assets	Property, plant and equipment, net	(12)		(5)
Total leased assets		$	389	$	424
Liabilities
Current
Operating lease liabilities	Other current liabilities	$	83	$	91
Finance lease liabilities	Other current liabilities	14		10
Noncurrent
Operating lease liabilities	Operating lease liabilities	334		369
Finance lease liabilities	Other liabilities	31		25
Total lease liabilities		$	462	$	495

Schedule of Lease Costs, Supplemental Cash Flow Information, Lease Term and Interest Rate

The following tables present our lease costs for operating and finance leases:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Operating lease cost	$	30	$	62
Finance lease cost
Amortization of leased assets	3		6
Interest on lease liabilities	1		1
Short-Term lease cost	1		2
Variable lease cost	9		16
Total lease cost	$	44	$	87


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Operating lease cost	$	34	$	69
Finance lease cost
Amortization of leased assets	1		1
Interest on lease liabilities	—		—
Short-Term lease cost	1		3
Variable lease cost	7		16
Total lease cost	$	43	$	89

The following tables present the supplemental cash flow information:


In millions	Three months ended June 30, 2020		Six months ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	31	$	61
Operating cash flows from finance leases	$	1	$	1
Financing cash flows from finance leases	$	3	$	6
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	4	$	2
Finance Leases	$	7	$	15


In millions	For the three months ended June 30, 2019		For the six months ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	38	$	70
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	$	8	$	20
Finance Leases	$	8	$	9

The following table presents the weighted average remaining lease term and interest rates:


	June 30, 2020		December 31, 2019
Weighted average lease term:
Operating leases	9.1 years		8.9 years
Finance leases	3.1 years		3.4 years
Weighted average interest rates:
Operating leases	6.45	%	6.42	%
Finance leases	4.44	%	3.72	%

Schedule of Reconciliation of Undiscounted Cash Flows of Operating Lease Liabilities


In millions	Operating Leases		Finance Leases
Remainder of 2020	$	59	$	8
2021	89		16
2022	67		15
2023	45		8
2024	38		1
Thereafter	271		—
Total lease payments	569		48
Less: Amount representing interest	(152)		(3)
Present value of lease liabilities	$	417	$	45

Schedule of Reconciliation of Undiscounted Cash Flows of Finance Lease Liabilities


In millions	Operating Leases		Finance Leases
Remainder of 2020	$	59	$	8
2021	89		16
2022	67		15
2023	45		8
2024	38		1
Thereafter	271		—
Total lease payments	569		48
Less: Amount representing interest	(152)		(3)
Present value of lease liabilities	$	417	$	45

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of Components of Earnings Per Share

The components of basic earnings per share are as follows:


In millions, except per share amounts	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Numerator:
Income from continuing operations	$	64		$	88		$	87		$	125
Dividends on Series A Convertible Preferred Stock	(7)			(12)			(13)			(25)

Income from continuing operations attributable to NCR common stockholders	57			76			74			100
Loss from discontinued operations, net of tax	—			—			—			—
Net income attributable to NCR common stockholders	$	57		$	76		$	74		$	100

Denominator:
Basic weighted average number of shares outstanding	128.0			120.2			128.0			119.8

Basic earnings per share:
From continuing operations	$	0.45		$	0.63		$	0.58		$	0.83
From discontinued operations	—			—			—			—
Total basic earnings per share	$	0.45		$	0.63		$	0.58		$	0.83

The components of diluted earnings per share are as follows:


In millions, except per share amounts	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Numerator:
Income from continuing operations	$	64		$	88		$	87		$	125
Dividends on Series A Convertible Preferred Stock	(7)			—			(13)			(25)

Income from continuing operations attributable to NCR common stockholders	57			88			74			100
Loss from discontinued operations, net of tax	—			—			—			—
Net income attributable to NCR common stockholders	$	57		$	88		$	74		$	100

Denominator:
Basic weighted average number of shares outstanding	128.0			120.2			128.0			119.8

Dilutive effect of as-if converted Series A Convertible Preferred Stock	—			29.6			—			—
Dilutive effect of restricted stock units and stock options	0.9			2.9			1.7			3.2
Weighted average diluted shares	128.9			152.7			129.7			123.0

Diluted earnings per share:
From continuing operations	$	0.44		$	0.58		$	0.57		$	0.81
From discontinued operations	—			—			—			—
Total diluted earnings per share	$	0.44		$	0.58		$	0.57		$	0.81

Derivatives and Hedging Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule Location and Amounts of Derivative Fair Values in the Condensed Consolidated Balance Sheets

The following tables provide information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets:


	Fair Values of Derivative Instruments
	June 30, 2020
In millions	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets	$	155	$	1	Other current liabilities	$	79	$	2
Total derivatives designated as hedging instruments				$	1				$	2
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$	174	$	1	Other current liabilities	$	319	$	1
Total derivatives not designated as hedging instruments				$	1				$	1
Total derivatives				$	2				$	3


	Fair Values of Derivative Instruments
	December 31, 2019
In millions	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets	$	55	$	1	Other current liabilities	$	—	$	—
Total derivatives designated as hedging instruments				$	1				$	—
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$	71	$	1	Other current liabilities	$	264	$	1
Total derivatives not designated as hedging instruments				$	1				$	1
Total derivatives				$	2				$	1

Schedule Effects of Derivative Instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income


In millions	Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative							Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging Relationships	For the three months ended June 30, 2020		For the three months ended June 30, 2019		Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations	For the three months ended June 30, 2020		For the three months ended June 30, 2019

Foreign exchange contracts	$	(3)	$	—	Cost of products	$	—	$	(2)


In millions	Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative							Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging Relationships	For the six months ended June 30, 2020		For the six months ended June 30, 2019		Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations	For the six months ended June 30, 2020		For the six months ended June 30, 2019

Foreign exchange contracts	$	—	$	1	Cost of products	$	(1)	$	(3)


In millions		Amount of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations
		Three months ended June 30						Six months ended June 30
Derivatives not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations	2020		2019		2020		2019
Foreign exchange contracts	Other (expense), net	$	5	$	(3)	$	11	$	(8)

Fair Value of Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis

Assets and liabilities recorded at fair value on a recurring basis as of June 30, 2020 and December 31, 2019 are set forth as follows:


	June 30, 2020
In millions	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Deposits held in money market mutual funds ⁽¹⁾	$	1,365	$	1,365	$	—	$	—
Foreign investments⁽²⁾	4		—		4		—
Foreign exchange contracts ⁽²⁾	2		—		2		—
Total	$	1,371	$	1,365	$	6	$	—
Liabilities:
Foreign exchange contracts ⁽³⁾	$	3	$	—	$	3	$	—
Total	$	3	$	—	$	3	$	—


	December 31, 2019
In millions	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Deposits held in money market mutual funds ⁽¹⁾	$	15	$	15	$	—	$	—
Foreign exchange contracts ⁽²⁾	2		—		2		—
Total	$	17	$	15	$	2	$	—
Liabilities:

Foreign exchange contracts ⁽³⁾	$	1	$	—	$	1	$	—
Total	$	1	$	—	$	1	$	—

⁽¹⁾ Included in Cash and cash equivalents in the Condensed Consolidated Balance Sheets.

⁽²⁾ Included in Other current assets in the Condensed Consolidated Balance Sheets.

(3) Included in Other current liabilities in the Condensed Consolidated Balance Sheets.

Accumulated Other Comprehensive Income (Loss) (AOCI) (Tables)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss) [Abstract]

Schedule of Changes in AOCI by Component

Changes in AOCI by Component


In millions	Currency Translation Adjustments		Changes in Employee Benefit Plans		Changes in Fair Value of Effective Cash Flow Hedges		Total
Balance as of December 31, 2019	$	(260)	$	(10)	$	1	$	(269)

Other comprehensive income (loss) before reclassifications	(43)		—		—		(43)
Amounts reclassified from AOCI	—		(2)		(1)		(3)
Net current period other comprehensive (loss) income	(43)		(2)		(1)		(46)
Balance as of June 30, 2020	$	(303)	$	(12)	$	—	$	(315)

Reclassification out of AOCI

Reclassifications Out of AOCI


		For the three months ended June 30, 2020
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	—		$	—
	Cost of services	—		(1)		—			(1)
	Selling, general and administrative expenses	(1)		—		—			(1)
	Total before tax	$	(1)	$	(1)	$	—		$	(2)
	Tax expense								1
	Total reclassifications, net of tax								$	(1)


		For the three months ended June 30, 2019
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(2)		$	(2)
	Cost of services	—		—		—			—
	Selling, general and administrative expenses	—		(2)		—			(2)


	Total before tax	$	—	$	(2)	$	(2)		$	(4)
	Tax expense								1
	Total reclassifications, net of tax								$	(3)


		For the six months ended June 30, 2020
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(1)		$	(1)
	Cost of services	(1)		(2)		—			(3)
	Selling, general and administrative expenses	(1)		—		—			(1)


	Total before tax	$	(2)	$	(2)	$	(1)		$	(5)
	Tax expense								2
	Total reclassifications, net of tax								$	(3)


		For the six months ended June 30, 2019
				Employee Benefit Plans
In millions				Amortization of Actuarial Loss (Gain)		Amortization of Prior Service Benefit		Effective Cash Flow Hedge Loss (Gain)			Total
Affected line in Condensed Consolidated Statement of Operations:
	Cost of products	$	—	$	—	$	(3)		$	(3)
	Cost of services	(1)		(2)		—			$	(3)
	Selling, general and administrative expenses	—		(2)		—			$	(2)


	Total before tax	$	(1)	$	(4)	$	(3)		$	(8)
	Tax expense								1
	Total reclassifications, net of tax								$	(7)

Segment Information and Concentrations (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Revenue and Operating Income by Segment

The following table presents revenue and operating income by segment:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Revenue by segment
Banking	$	763		$	868		$	1,526		$	1,626
Retail	483			558			955			1,069
Hospitality	160			202			329			395
Other	78			82			177			156
Consolidated revenue	$	1,484		$	1,710		$	2,987		$	3,246
Operating income by segment
Banking	$	92		$	129		$	195		$	224
Retail	17			40			22			66
Hospitality	—			13			(9)			29
Other	7			10			12			20
Subtotal - segment operating income	116			192			220			339
Other adjustments ⁽¹⁾	27			35			54			82
Income from operations	$	89		$	157		$	166		$	257

⁽¹⁾The following table presents the other adjustments for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Transformation and restructuring costs	$	8		$	14		$	13		$	40
Acquisition-related amortization of intangible assets	19			21			41			42

Total other adjustments	$	27		$	35		$	54		$	82

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The following table presents revenue by geography for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Americas	$	886		$	1,029		$	1,778		$	1,949
Europe, Middle East and Africa (EMEA)	407			452			810			871
Asia Pacific (APJ)	191			229			399			426
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246

Schedule of Revenues from Products and Services

The following tables present revenue from products and services for NCR:


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Product revenue	$	481		$	664		$	955		$	1,203
Professional services and installation services revenue	189			270			416			508
Recurring revenue, including maintenance, cloud revenue and payments	814			776			1,616			1,535
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246


In millions	Three months ended June 30									Six months ended June 30
			2020			2019			2020			2019
Software	$	460		$	496		$	934		$	963
Services	605			622			1,241			1,207
Hardware	419			592			812			1,076
Total revenue	$	1,484		$	1,710		$	2,987		$	3,246

Supplemental Financial Information (Tables)

6 Months Ended

Jun. 30, 2020

Supplemental Financial Information [Abstract]

Schedule of Components of Accounts Receivable


In millions	June 30, 2020		December 31, 2019
Accounts receivable
Trade	$	1,266	$	1,482
Other	37		52
Accounts receivable, gross	1,303		1,534
Less: allowance for credit losses	(54)		(44)
Total accounts receivable, net	$	1,249	$	1,490

Schedule of Components of Inventory

The components of inventory are summarized as follows:.


In millions	June 30, 2020		December 31, 2019
Inventories
Work in process and raw materials	$	198	$	204
Finished goods	201		184
Service parts	383		396
Total inventories	$	782	$	784

Basis of Presentation and Summary of Significant Accounting Policies Cash and Cash equivalents (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 1,681	$ 1,214	$ 509	$ 388	$ 335	$ 414	$ 464
Restricted Cash	9	7	7	21	10	9	12
Funds held for clients included in other current assets	28	44	32	45	46	64	46
Cash included in settlement processing assets included in other current assets	21	8	15	9	10	9	10
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	$ 1,739	$ 1,273	$ 563	$ 463	$ 401	$ 496	$ 532

Basis of Presentation and Summary of Significant Accounting Policies Contract Assets and Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Current portion of contract assets	$ 4	$ 9
Contract with Customer, Liability, Current	563	502
Non-current portion of contract liabilities	80	$ 81
Revenue recognized that was included in contract liabilities	303
Remaining performance obligations	$ 4,000

Revisions of Previously Issued Financial Statements (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		9 Months Ended	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net			$ (60)	$ (28)
Net cash provided by (used in) operating activities			283	71
Payments to Acquire Businesses, Net of Cash Acquired			25	12
Increase (Decrease) in Client Funds Held			3	0
Net Cash Provided by (Used in) Investing Activities			(154)	(134)
Net Cash Provided by (Used in) Financing Activities			1,057	(58)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect			1,176	(131)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	$ 1,273	$ 496	1,739	$ 401	$ 463	$ 563	$ 532
Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net	(90)	10				2
Net cash provided by (used in) operating activities	61	(16)				628
Payments to Acquire Businesses, Net of Cash Acquired							206
Increase (Decrease) in Client Funds Held					(2)	(15)
Net Cash Provided by (Used in) Investing Activities					(292)	(527)	(520)
Net change in funds held for clients - financing		0			2	15	0
Net Cash Provided by (Used in) Financing Activities		36			33	(31)	(58)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	717	(53)	476		(67)	40	(67)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	548	476	345		476	476	476
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	1,265	423			409	516
Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net	(7)	0				6
Net cash provided by (used in) operating activities	(7)	0				6
Payments to Acquire Businesses, Net of Cash Acquired							46
Increase (Decrease) in Client Funds Held					2	15
Net Cash Provided by (Used in) Investing Activities					2	15	46
Net change in funds held for clients - financing		17			(4)	(30)	10
Net Cash Provided by (Used in) Financing Activities		17			(4)	(30)	10
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(7)	17	56		(2)	(9)	56
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	15	46	56		56	56	56
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	8	63			54	47
As Revised March 31, 2020 Form 10-Q
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net		10
Net cash provided by (used in) operating activities		(16)
Net change in funds held for clients - financing		17
Net Cash Provided by (Used in) Financing Activities		53
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect		(36)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		522
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period		486
Further Revision
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net		0
Net cash provided by (used in) operating activities		0
Net change in funds held for clients - financing		0
Net Cash Provided by (Used in) Financing Activities		0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect		0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		10
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period		10
As Revised
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Other Operating Assets and Liabilities, Net	(97)	10				8
Net cash provided by (used in) operating activities	54	(16)				634
Payments to Acquire Businesses, Net of Cash Acquired							160
Increase (Decrease) in Client Funds Held					0	0
Net Cash Provided by (Used in) Investing Activities					(290)	(512)	(474)
Net change in funds held for clients - financing		17			(2)	(15)	10
Net Cash Provided by (Used in) Financing Activities		53			29	(61)	(48)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	710	(36)	532		(69)	31	(11)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	563	532	$ 401		532	532	$ 532
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at end of period	$ 1,273	$ 496			$ 463	$ 563

Revisions of Previously Issued Financial Statements - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 1,681	$ 1,214	$ 509	$ 388	$ 335	$ 414	$ 464
Restricted cash included in other assets	9	7	7	21	10	9	12
Funds held for clients included in other current assets	28	44	32	45	46	64	46
Cash included in settlement processing assets included in other current assets	21	8	15	9	10	9	10
Total cash, cash equivalents and restricted cash	$ 1,739	$ 1,273	$ 563	$ 463	$ 401	$ 496	$ 532

Business Combinations (Details) - OKI Brasil [Member] $ in Millions	3 Months Ended
	Jun. 30, 2020 USD ($)
Business Acquisition [Line Items]
Purchase price	$ 5
Cash acquired	1
Investments acquired	9
Tangible assets acquired	18
Deferred Gain on business acquisition	(10)
Liabilities assumed	(13)
Total purchase consideration	5
Business combinations, Purchase Considerations, Payable Two Years From Acquisition Date [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Liabilities Incurred	2
Business combinations, purchase considerations, payable six years from acquisition date [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 3

Goodwill and Long-Lived Assets - Goodwill by Segments (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($)
Goodwill [Roll Forward]
Goodwill	$ 3,001
Accumulated Impairment Losses	(169)
Total	2,832
Additions	3
Impairment	0
Other	(12)
Goodwill	2,992
Accumulated Impairment Losses	(169)
Total	2,823
Banking
Goodwill [Roll Forward]
Goodwill	1,774
Accumulated Impairment Losses	(101)
Total	1,673
Additions	0
Impairment	0
Other	(6)
Goodwill	1,768
Accumulated Impairment Losses	(101)
Total	1,667
Retail
Goodwill [Roll Forward]
Goodwill	638
Accumulated Impairment Losses	(34)
Total	604
Additions	0
Impairment	0
Other	(4)
Goodwill	634
Accumulated Impairment Losses	(34)
Total	600
Hospitality
Goodwill [Roll Forward]
Goodwill	402
Accumulated Impairment Losses	(23)
Total	379
Additions	3
Impairment	0
Other	(2)
Goodwill	403
Accumulated Impairment Losses	(23)
Total	380
Other
Goodwill [Roll Forward]
Goodwill	187
Accumulated Impairment Losses	(11)
Total	176
Additions	0
Impairment	0
Other	0
Goodwill	187
Accumulated Impairment Losses	(11)
Total	$ 176

Goodwill and Long-Lived Assets - Purchased Intangible Assets (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 1,427	$ 1,431
Finite-Lived Intangible Assets, Accumulated Amortization	865	824
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	737	735
Finite-Lived Intangible Assets, Accumulated Amortization	$ 297	270
Customer Relationships [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year
Customer Relationships [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 524	529
Finite-Lived Intangible Assets, Accumulated Amortization	$ 407	397
Intellectual Property [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	2 years
Intellectual Property [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years
Customer Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years
Finite-Lived Intangible Assets, Gross	$ 89	89
Finite-Lived Intangible Assets, Accumulated Amortization	89	89
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	77	78
Finite-Lived Intangible Assets, Accumulated Amortization	$ 72	$ 68
Trade Names [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year
Trade Names [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years

Goodwill and Long-Lived Assets - Amortization Expense (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020 USD ($)	Jun. 30, 2020 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense three months ended 2020	$ 19	$ 41
Amortization expense remainder of 2020 (estimated)	40	40
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	73	73
2022	68	68
2023	66	66
2024	59	59
2025	$ 51	$ 51

Debt Obligations - Short-term Borrowings and Long-term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Aug. 21, 2019
Debt Instrument [Line Items]
Short-term Debt	$ 217	$ 282
Long-term debt	4,473	3,277
Unamortized Debt Issuance Expense	(36)	(32)
Term loan facility
Debt Instrument [Line Items]
Long-term debt	$ 736	$ 740
Weighted-average interest rate on long-term debt	2.68%	4.30%
Revolving credit facility
Debt Instrument [Line Items]
Long-term debt	$ 1,070	$ 265
Weighted-average interest rate on long-term debt	2.19%	3.76%
5.00% Senior Notes due 2022
Debt Instrument [Line Items]
Long-term debt	$ 600	$ 600
Debt stated interest rate	5.00%	5.00%
6.375% Senior Notes due 2023
Debt Instrument [Line Items]
Long-term debt	$ 700	$ 700
Debt stated interest rate	6.375%	6.375%
5.750% Senior Notes due 2027 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500	$ 500
Debt stated interest rate	5.75%		5.75%
Other
Debt Instrument [Line Items]
Long-term debt	$ 3	$ 4
Weighted-average interest rate on long-term debt	0.00%	0.05%
6.125% Senior Notes due 2029 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500	$ 500
Debt stated interest rate	6.125%		6.125%
8.125% Notes due 2025
Debt Instrument [Line Items]
Long-term debt	$ 400	0
8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt stated interest rate	8.125%
Term loan facility
Debt Instrument [Line Items]
Current portion of Senior Secured Credit Facility	$ 8	$ 8
Weighted-Average interest rate on short-term borrowings	2.68%	4.30%
Trade Receivables Securitization Facility
Debt Instrument [Line Items]
Short-term Debt	$ 200	$ 270
Weighted-Average interest rate on short-term borrowings	1.14%	2.65%
Other
Debt Instrument [Line Items]
Short-term Debt	$ 9	$ 4
Weighted-Average interest rate on short-term borrowings	4.70%	2.82%

Debt Obligations - Senior Secured Credit Facility (Details)	6 Months Ended
	Jun. 30, 2020 USD ($) Rate	Dec. 31, 2019 USD ($)
Debt Instrument [Line Items]
Short-term Debt	$ 217,000,000	$ 282,000,000
Quarterly Payment of Term Loan Principal Amount	0.25%
Long-term debt	$ 4,473,000,000	3,277,000,000
Letters of credit outstanding	$ 28,000,000
Increase in Maximum Permitted Leverage Ratio due to Material Acquisitions	0.25
Available additional amount of incremental term loan commitment	$ 150,000,000
Period One
Debt Instrument [Line Items]
Debt consolidated leverage ratio	4.25
Debt maximum spread on consolidated leverage ratio	0.50
Period Two
Debt Instrument [Line Items]
Debt consolidated leverage ratio	1.00
Period Three
Debt Instrument [Line Items]
Debt consolidated leverage ratio	4.00
Debt maximum spread on consolidated leverage ratio	0.50
Period Four
Debt Instrument [Line Items]
Debt consolidated leverage ratio	1.00
Period Five
Debt Instrument [Line Items]
Debt consolidated leverage ratio	4.50
Term loan facility \| Base Rate
Debt Instrument [Line Items]
Debt basis spread on variable rate	1.50%
Term loan facility \| LIBOR
Debt Instrument [Line Items]
Debt basis spread on variable rate \| Rate	2.50%
Secured Debt
Debt Instrument [Line Items]
Debt Instrument Covenant Interest Coverage Ratio	4.75
Debt maximum consolidated leverage ratio	4.75
Secured Debt \| Federal Funds Rate
Debt Instrument [Line Items]
Debt basis spread on variable rate	0.50%
Secured Debt \| Base Rate
Debt Instrument [Line Items]
Debt basis spread on variable rate	1.00%
Secured Debt \| LIBOR \| Minimum
Debt Instrument [Line Items]
Debt margin for base rate loans	1.25%
Secured Debt \| LIBOR \| Maximum
Debt Instrument [Line Items]
Debt margin for base rate loans	2.25%
Secured Debt \| EURIBOR \| Minimum
Debt Instrument [Line Items]
Debt margin for base rate loans	0.25%
Secured Debt \| EURIBOR \| Maximum
Debt Instrument [Line Items]
Debt margin for base rate loans	1.25%
Revolving [Member] \| Secured Debt
Debt Instrument [Line Items]
Secured revolving credit facility principal amount	$ 1,100,000,000
Term loan facility
Debt Instrument [Line Items]
Total Term Loan Balance Outstanding	744,000,000
Long-term debt	736,000,000	740,000,000
Term loan facility \| Secured Debt
Debt Instrument [Line Items]
Secured revolving credit facility principal amount	750,000,000
Revolving credit facility
Debt Instrument [Line Items]
Long-term debt	1,070,000,000	$ 265,000,000
Revolving Foreign \| Secured Debt
Debt Instrument [Line Items]
Secured revolving credit facility principal amount	$ 400,000,000
Secured Debt \| Federal Funds Rate
Debt Instrument [Line Items]
Debt basis spread on variable rate	0.50%

Debt Obligations - Senior Unsecured Notes (Details) - USD ($) $ in Millions		6 Months Ended
	Apr. 13, 2020	Jun. 30, 2020	Dec. 31, 2019	Aug. 21, 2019	Dec. 19, 2013	Sep. 17, 2012
5.00% Senior Notes due 2022
Debt Instrument [Line Items]
Long-term Debt						$ 600
Debt stated interest rate		5.00%	5.00%
Debt percentage of principle amount notes were sold at						100.00%
6.375% Senior Notes due 2023
Debt Instrument [Line Items]
Long-term Debt					$ 700
Debt stated interest rate		6.375%	6.375%
Debt percentage of principle amount notes were sold at					100.00%
5.750% Senior Notes due 2027 [Member]
Debt Instrument [Line Items]
Long-term Debt				$ 500
Debt stated interest rate		5.75%		5.75%
Debt percentage of principle amount notes were sold at				100.00%
6.125% Senior Notes due 2029 [Member]
Debt Instrument [Line Items]
Long-term Debt				$ 500
Debt stated interest rate		6.125%		6.125%
8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 400
Debt stated interest rate		8.125%
Debt Instrument Redemption Price As Percentage of Principle Amount	100.00%
Debt percentage of principle amount notes were sold at	100.00%
Twelve month period commencing on April 15, 2022 [Member] \| 8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price As Percentage of Principle Amount	104.063%
Twelve Month Period Commencing April 15, 2023 [Member] \| 8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price As Percentage of Principle Amount	102.031%
Twelve month period commencing on April 15, 2024 [Member] \| 8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price As Percentage of Principle Amount	100.00%
NCR International, Inc. [Member] \| Guarantor Subsidiary
Debt Instrument [Line Items]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions		100.00%
NCR International, Inc. [Member] \| Guarantor Subsidiary \| 5.00% Senior Notes due 2022
Debt Instrument [Line Items]
Debt stated interest rate		5.00%
NCR International, Inc. [Member] \| Guarantor Subsidiary \| 6.375% Senior Notes due 2023
Debt Instrument [Line Items]
Debt stated interest rate		6.375%
NCR International, Inc. [Member] \| Guarantor Subsidiary \| 8.125% Notes Due 2025 [Member]
Debt Instrument [Line Items]
Debt stated interest rate		8.125%

Debt Obligations - Trade Receivables Securitization Facility (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Trade receivables securitization facility, maximum borrowing base	$ 300
Short-term Debt	217	$ 282
Trade receivables securitization facility, collateral at period end	$ 524	603
Federal Funds Rate \| Secured Debt
Debt Instrument [Line Items]
Debt basis spread on variable rate	0.50%
Trade Receivables Securitization Facility
Debt Instrument [Line Items]
Short-term Debt	$ 200	$ 270

Debt Obligations - Fair Value of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Debt value of long-term debt	$ 4,790	$ 3,700

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Contingency [Line Items]
Income tax expense (benefit)	$ (34)	$ 15	$ (33)	$ 24
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	48		48
Minimum
Income Tax Contingency [Line Items]
Reasonable possible decrease in unrecognized tax benefits	30		30
Maximum
Income Tax Contingency [Line Items]
Reasonable possible decrease in unrecognized tax benefits	$ 37		37
Out of period adjustments - stock compensation permanent differences [Member]
Income Tax Contingency [Line Items]
Income tax expense (benefit)			2
Out of period adjustments - write-off of income tax payables [Member]
Income Tax Contingency [Line Items]
Income tax expense (benefit)			$ 3

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Stock Compensation Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units	$ 13	$ 22	$ 32	$ 42
Stock options	6	2	10	4
Employee stock purchase plan	1	1	3	2
Stock-based compensation expense	20	25	45	48
Tax benefit	(2)	(4)	(5)	(7)
Stock-based compensation expense (net of tax)	$ 18	$ 21	$ 40	$ 41

Stock Compensation Plans - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation, Stock Options Award Exercise Price Premium Percentage			115.00%
Share-based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Exercise Price	$ 37.97		$ 37.97
Weighted average grant date fair value of stock options (in dollars per share)			$ 7.80	$ 8.07
Contractual term of stock options granted			7 years
Risk-free interest rate period of U.S. Treasury yield			7 years
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate period of U.S. Treasury yield			3 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate period of U.S. Treasury yield			5 years
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Discount stock purchase price percentage			15.00%
Look-back feature period of discount stock purchase price			3 months
Minimum contribution by participant percentage	1.00%		1.00%
Maximum contribution by participant percentage	10.00%		10.00%
Stocks purchased by employees during the period (in shares)	0.3	0.2
Discounted price per share of stocks purchased by employees (in dollar per share)	$ 14.72	$ 24.02
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options granted			3 years	4 years
Unrecognized compensation cost related to unvested awards	$ 57		$ 57
Weighted average period to recognized compensation cost related to unvested awards			1 year 3 months 18 days
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested awards	$ 84		$ 84
Weighted average period to recognized compensation cost related to unvested awards			1 year

Stock Compensation Plans - Valuation Assumptions Used for Stock Options (Details)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Dividend yield	0.00%	0.00%
Risk-free interest rate	1.44%	2.50%
Expected volatility	33.51%	34.79%
Expected holding period (years)	3 years 8 months 12 days	3 years 10 months 24 days

Employee Benefit Plans - Pension Plan (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
U.S. Pension Benefits
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	13	17	26	33
Expected return on plan assets	(9)	(12)	(18)	(22)
Net periodic benefit cost (income)	4	5	8	11
International Pension Benefits
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net service cost	2	1	3	3
Interest cost	2	5	6	10
Expected return on plan assets	(6)	(7)	(13)	(15)
Net periodic benefit cost (income)	(2)	(1)	(4)	(2)
Plan assets contributions by employer	4		9
Total Pension Benefits
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Net service cost	2	1	3	3
Interest cost	15	22	32	43
Expected return on plan assets	(15)	(19)	(31)	(37)
Net periodic benefit cost (income)	$ 2	$ 4	$ 4	$ 9

- Definition

Amount of contribution received by defined benefit plan from employer which increases plan assets.

+ References + Details

Employee Benefit Plans - Postretirement Plan (Details) - Postretirement Plan - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 0	$ 0	$ 0	$ 0
Amortization of prior service benefit	0	(1)	(1)	(2)
Net periodic benefit cost (income)	$ 0	$ (1)	$ (1)	$ (2)

Employee Benefit Plans - Postemployment Plan (Details) - Postemployment Retirement Benefits - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Net service cost	$ 7	$ 5	$ 13	$ 19
Interest cost	1	1	1	2
Amortization of prior service benefit	(1)	(1)	(1)	(2)
Amortization of actuarial gain	(1)	0	(2)	(1)
Net Benefit Cost	$ 6	$ 5	$ 11	$ 18

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan assets contributions by employer	$ 4		$ 9
Total estimated contributions by employer during fiscal year	21		21
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Fiscal Year	12		12
Postretirement Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan assets contributions by employer	1		1
Total estimated contributions by employer during fiscal year	2		2
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Fiscal Year	1		1
Postemployment Retirement Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan assets contributions by employer	3		7
Total estimated contributions by employer during fiscal year	30		30
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Fiscal Year	23		23
Net Benefit Cost	$ 6	$ 5	$ 11	$ 18

- Definition

Amount of contribution received by defined benefit plan from employer which increases plan assets.

+ References + Details

Commitments and Contingencies - Loss Contingencies (Details) $ in Millions		6 Months Ended
	Mar. 29, 2018 USD ($) company	Jun. 30, 2020 USD ($) entity facility party defendant number_of_companies affiliate_corporations	Dec. 31, 2019 USD ($)	Aug. 22, 2017 party	Dec. 31, 2013 company	Nov. 13, 2007 entity
Loss Contingencies [Line Items]
Inventory, Net		$ 782	$ 784
Ebina [Member]
Loss Contingencies [Line Items]
Loss contingency accrual		$ 20	19
Fox River
Loss Contingencies [Line Items]
Number of potentially responsible parties \| entity		8				8
Number of previously owned carbonless copy paper manufacturing facilities \| facility		2
Threshold amount for environmental cleanup costs			75
Percentage of funding obligation under cost sharing agreement		50.00%
Percentage of obligation under cost sharing agreement		60.00%
Receivable under funding agreement		$ 53	53
Number of defendants \| defendant		2
Number of parties \| party		2
Gross loss contingency accrual		$ 4	5
Net loss contingency accrual		$ 26	16
Total amount received from settlements with insurance carriers			202
Kalamazoo River
Loss Contingencies [Line Items]
Loss contingency, value of damages sought	$ 105
Number of additional companies receiving general notice letters \| number_of_companies		3
Number of additional defendants \| defendant		2
Number of total corporation plaintiffs \| affiliate_corporations		3
Number of companies tried to the court \| company					4
Costs incurred in the pasted related to loss contingency	50
Loss contingency, value of damages sought	$ 55
NCR share of costs related to loss contingency	40.00%
GP share of costs related to loss contingency	40.00%
Number of companies assigned to share costs of loss contingency \| company	2
Loss contingency accrual		$ 80	81
Fox River LLC \| Fox River
Loss Contingencies [Line Items]
Funding remainder			0
Glatfelter \| Fox River
Loss Contingencies [Line Items]
Number of parties that appealed \| party				1
Company One \| Kalamazoo River
Loss Contingencies [Line Items]
NCR share of costs related to loss contingency	15.00%
Company Two \| Kalamazoo River
Loss Contingencies [Line Items]
NCR share of costs related to loss contingency	5.00%
Fox River
Loss Contingencies [Line Items]
Percentage of portion of costs below threshold		45.00%
Percentage of portion of costs exceeding threshold		40.00%
Fox River \| General Contractor Arbitration [Member]
Loss Contingencies [Line Items]
Loss contingency, range of possible loss			10
Minimum \| Fox River \| General Contractor Arbitration [Member]
Loss Contingencies [Line Items]
Loss contingency, range of possible loss			46
Percentage of Company's award responsibility to indemnitors and co-obligators		25.00%
Maximum \| Fox River \| General Contractor Arbitration [Member]
Loss Contingencies [Line Items]
Loss contingency, range of possible loss			$ 53
BCG Matter [Member]
Loss Contingencies [Line Items]
Loss contingency, value of damages sought		$ 80
Nashville Tornado [Member]
Loss Contingencies [Line Items]
Inventory, Net		782
Inventory Write-down		105
Inventory Requiring Further Assessment for Write-down		45
Insurance Recoveries		91
Insurance Settlements Receivable		14
Incremental costs incurred in connection with natural disaster		9
Insurance proceeds for incremental expenses incurred		$ 4

Commitments and Contingencies - Warranty Reserve (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance as of January 1	$ 21	$ 26
Accruals for warranties issued	15	16
Settlements (in cash or in kind)	(18)	(20)
Ending balance as of June 30	$ 18	$ 22

Leasing - Lease Balances (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Assets
Operating Lease, Right-of-Use Asset	$ 347	$ 391
Finance lease assets	54	38
Accumulated Amortization of Finance lease assets	(12)	(5)
Total leased assets	389	424
Liabilities
Operating lease liabilities, current	83	91
Finance lease liabilities, current	14	10
Operating lease liabilities, noncurrent	334	369
Finance lease liabilities, noncurrent	31	25
Total lease liabilities	$ 462	$ 495

Leasing - Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Leasing - Lease Costs (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Operating lease cost	$ 30	$ 34	$ 62	$ 69
Finance lease cost
Amortization of leased assets	3	1	6	1
Interest on lease liabilities	1	0	1	0
Short-Term lease cost	1	1	2	3
Variable lease cost	9	7	16	16
Total lease cost	$ 44	$ 43	$ 87	$ 89

Leasing - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 31	$ 38	$ 61	$ 70
Operating cash flows from finance leases	1	0	1	0
Financing cash flows from finance leases	3	0	6	0
Lease Assets Obtained in Exchange for Lease Obligations
Operating Leases	4	8	2	20
Finance Leases	$ 7	$ 8	$ 15	$ 9

Leasing - Present Value of Lease Liabilities (Details) $ in Millions	Jun. 30, 2020 USD ($)
Operating Leases
Remainder of 2020	$ 59
2021	89
2022	67
2023	45
2024	38
Thereafter	271
Total lease payments	569
Less: Amount representing interest	(152)
Present value of lease liabilities	417
Finance Leases
Remainder of 2020	8
2021	16
2022	15
2023	8
2024	1
Thereafter	0
Total lease payments	48
Less: Amount representing interest	(3)
Present value of lease liabilities	$ 45

Leasing - Narrative (Details) - Europe $ in Millions	Jun. 30, 2020 USD ($)
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Lease Not yet Commenced, Amount	$ 69
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	10 years

Leasing - Weighted Average Remaining Lease Term and Interest Rate (Details)	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Weighted average lease term, operating leases	9 years 1 month 6 days	8 years 10 months 24 days
Weighted average lease term, finance leases	3 years 1 month 6 days	3 years 4 months 24 days
Weighted average interest rate, operating leases	6.45%	6.42%
Weighted average interest rate, finance leases	4.44%	3.72%

Series A Convertible Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Sep. 18, 2019	Mar. 17, 2017	Dec. 04, 2015
Class of Stock [Line Items]
Series A convertible preferred stock, issued (in shares)	400,000		400,000		400,000
Secondary offering by the preferred shareholders							342,000
Redeemed Shares of Preferred Stock							90,000
Repurchase price per share of common stock upon conversion							$ 48.47
Series A Convertible Preferred Stock
Class of Stock [Line Items]
Series A convertible preferred stock, issued (in shares)								820,000
Aggregate purchase price of preferred shares								$ 820
Preferred stock, par value (in dollars per share)								$ 1,000
Direct issuance expenses								$ 26
Dividend rate								5.50%
Conversion price per share at option of holder (in dollars per share)								$ 30.00
Conversion rate per preferred share (in shares)			33.333
Redeemed Shares of Preferred Stock						512,221
Blackstone Shares Converted into Common Shares						237,673
Cash Paid for the Redemption of Preferred Stock						$ 302
Preferred Shares Converted into Common Stock in Redemption					9,160,000
Dividends, Preferred Stock, Cash	$ 6
Dividends, preferred stock, paid-in-kind	7	$ 12	$ 7	$ 24
Dividends, Preferred Stock			13
Accrued Dividends	$ 1		$ 1		$ 1
Financial instruments subject to redemption, settlement terms, maximum number of shares (in shares)	13,500,000		13,500,000		13,300,000

Earnings Per Share - Basic Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator:
Income (loss) from continuing operations	$ 64,000,000	$ 88,000,000	$ 87,000,000	$ 125,000,000
Dividends on convertible preferred stock	(7,000,000)	(12,000,000)	(13,000,000)	(25,000,000)
Income from continuing operations attributable to NCR common stockholders	57,000,000	76,000,000	74,000,000	100,000,000
Loss from discontinued operations, net of tax	0	0	0	0
Net income (loss) attributable to NCR common stockholders	$ 57,000,000	$ 76,000,000	$ 74,000,000	$ 100,000,000
Denominator:
Weighted average outstanding shares of common stock (in shares)	128.0	120.2	128.0	119.8
Basic earnings per share:
From continuing operations (in dollars per share)	$ 0.45	$ 0.63	$ 0.58	$ 0.83
From discontinued operations (in dollars per share)	0	0	0	0
Total basic earnings (loss) per share (in dollars per share)	$ 0.45	$ 0.63	$ 0.58	$ 0.83

Earnings Per Share - Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator:
Income (loss) from continuing operations	$ 64,000,000	$ 88,000,000	$ 87,000,000	$ 125,000,000
Preferred Stock Dividends Income Statement Impact Included in Diluted Earnings Per Share From Continuing Operations	7,000,000	0	13,000,000	25,000,000
Income from continuing operations attributable to NCR common stockholders	57,000,000	88,000,000	74,000,000	100,000,000
Loss from discontinued operations, net of tax	0	0	0	0
Net income attributable to NCR common stockholders	$ 57,000,000	$ 88,000,000	$ 74,000,000	$ 100,000,000
Weighted average outstanding shares of common stock (in shares)	128,000	120,200	128,000	119,800
Dilutive effect of restricted stock units (in shares)	900	2,900	1,700	3,200
Denominator (in shares)	128,900	152,700	129,700	123,000
Diluted earnings per share:
From continuing operations (in dollars per share)	$ 0.44	$ 0.58	$ 0.57	$ 0.81
From discontinued operations (in dollars per share)	0	0	0	0
Total diluted earnings (loss) per share (in dollars per share)	$ 0.44	$ 0.58	$ 0.57	$ 0.81
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	0	29,600	0	0
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	0	29,600	0	0
Series A Convertible Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from diluted per share count (in shares)	13,400		13,300
Restricted Stock Units (RSUs) and Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from diluted per share count (in shares)	11,400	4,700	9,900	5,100
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from diluted per share count (in shares)				29,400

Derivatives and Hedging Instruments - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($) currency
Derivative [Line Items]
Number of functional currencies \| currency	50
Maximum period for cash flow hedging activity	15 months
Foreign exchange contracts
Derivative [Line Items]
Gain in AOCI related to foreign exchange derivative transactions, net of tax \| $	$ 0

Derivatives and Hedging Instruments - Derivative Fair Values (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Derivative Assets, Fair Value	$ 2	$ 2
Derivative Liabilities, Fair Value	3	1
Derivatives designated as hedging instruments
Derivatives, Fair Value [Line Items]
Derivative Assets, Fair Value	1	1
Derivative Liabilities, Fair Value	2	0
Derivatives designated as hedging instruments \| Foreign exchange contracts \| Other current assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Notional Amount	155	55
Derivative Assets, Fair Value	1	1
Derivatives designated as hedging instruments \| Foreign exchange contracts \| Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Notional Amount	79
Derivative Liabilities, Fair Value	2	0
Derivatives not designated as hedging instruments
Derivatives, Fair Value [Line Items]
Derivative Assets, Fair Value	1	1
Derivative Liabilities, Fair Value	1	1
Derivatives not designated as hedging instruments \| Other current assets
Derivatives, Fair Value [Line Items]
Derivative Assets, Fair Value		1
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Other current assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Notional Amount	174	71
Derivative Assets, Fair Value	1
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Notional Amount	319	264
Derivative Liabilities, Fair Value	$ 1	$ 1

Derivatives and Hedging Instruments - Gain (Loss) on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative	$ (3)	$ 0	$ 0	$ 1
Foreign exchange contracts \| Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative	(3)	0	0	1
Foreign exchange contracts \| Cash Flow Hedging \| Cost of products
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative	$ 0	$ (2)	$ (1)	$ (3)

Derivatives and Hedging Instruments - Gain (Loss) on Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Foreign exchange contracts \| Other (expense), net
Derivative [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 5	$ (3)	$ 11	$ (8)

Fair Value of Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	$ 0	$ 0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,365	1,365	$ 15
Available-for-sale Securities	0	0
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0	0
Assets, Fair Value Disclosure	1,365	1,365	15
Foreign Currency Contracts, Liability, Fair Value Disclosure	0	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0	0
Available-for-sale Securities	4	4
Foreign Currency Contract, Asset, Fair Value Disclosure	2	2	2
Assets, Fair Value Disclosure	6	6	2
Foreign Currency Contracts, Liability, Fair Value Disclosure	3	3	1
Financial and Nonfinancial Liabilities, Fair Value Disclosure	3	3	1
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0	0
Available-for-sale Securities	0	0
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0	0
Assets, Fair Value Disclosure	0	0	0
Foreign Currency Contracts, Liability, Fair Value Disclosure	0	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0	0
Fair Value, Recurring [Member] \| Estimate of Fair Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,365	1,365	15
Available-for-sale Securities	4	4
Foreign Currency Contract, Asset, Fair Value Disclosure	2	2	2
Assets, Fair Value Disclosure	1,371	1,371	17
Foreign Currency Contracts, Liability, Fair Value Disclosure	3	3	1
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 3	$ 3	$ 1

Accumulated Other Comprehensive Income (Loss) (AOCI) - Changes in AOCI by Component (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (315)	$ (269)
Other comprehensive income (loss) before reclassifications	(43)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(3)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(46)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(303)	(260)
Other comprehensive income (loss) before reclassifications	(43)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(43)
Changes in Employee Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(12)	(10)
Other comprehensive income (loss) before reclassifications	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(2)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(2)
Changes in Fair Value of Effective Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	0	$ 1
Other comprehensive income (loss) before reclassifications	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(1)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	$ (1)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Accumulated Other Comprehensive Income (Loss) (AOCI) - Reclassifications Out of AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Selling, General and Administrative Expense	$ (234)	$ (252)	$ (489)	$ (504)
Research and development expenses	(49)	(62)	(114)	(121)
Interest Expense	57	45	107	90
Income (loss) from continuing operations	64	88	88	126
Income tax expense	34	(15)	33	(24)
Net income (loss) attributable to NCR common stockholders	57	76	74	100
Product
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	(411)	(539)	(802)	(992)
Service [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	(701)	(700)	(1,416)	(1,372)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Selling, General and Administrative Expense	(1)	(2)	1	2
Income (loss) from continuing operations	(2)	(4)	(5)	(8)
Income tax expense	1	1	2	1
Net income (loss) attributable to NCR common stockholders	(1)	(3)	(3)	(7)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Product
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	0	(2)	1	3
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Service [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	(1)	0	3	3
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Effective Cash Flow Hedge Loss (Gain)
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Selling, General and Administrative Expense	(1)	0	1	0
Income (loss) from continuing operations	(1)	0	(2)	(1)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Effective Cash Flow Hedge Loss (Gain) \| Product
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	0	0	0	0
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Effective Cash Flow Hedge Loss (Gain) \| Service [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	0	0	1	1
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Amortization of Prior Service Benefit
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Selling, General and Administrative Expense	0	(2)	0	2
Income (loss) from continuing operations	(1)	(2)	(2)	(4)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Amortization of Prior Service Benefit \| Product
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	0	0	0	0
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Amortization of Prior Service Benefit \| Service [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	(1)	0	2	2
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Changes in Fair Value of Effective Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Selling, General and Administrative Expense	0	0	0	0
Income (loss) from continuing operations	0	(2)	(1)	(3)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Changes in Fair Value of Effective Cash Flow Hedges \| Product
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	0	(2)	1	3
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Changes in Fair Value of Effective Cash Flow Hedges \| Service [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenue	$ 0	$ 0	$ 0	$ 0

Segment Information and Concentrations - Revenue and Operating Income By Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Total revenue	$ 1,484	$ 1,710	$ 2,987	$ 3,246
Income (loss) from operations	89	157	166	257
Operating Segments
Segment Reporting Information [Line Items]
Total revenue	1,484	1,710	2,987	3,246
Segment operating income	116	192	220	339
Segment Reconciling Items
Segment Reporting Information [Line Items]
Transformation and restructuring costs	8	14	13	40
Acquisition-related amortization of intangible assets	19	21	41	42
Other adjustments	27	35	54	82
Banking \| Operating Segments
Segment Reporting Information [Line Items]
Total revenue	763	868	1,526	1,626
Segment operating income	92	129	195	224
Retail \| Operating Segments
Segment Reporting Information [Line Items]
Total revenue	483	558	955	1,069
Segment operating income	17	40	22	66
Hospitality \| Operating Segments
Segment Reporting Information [Line Items]
Total revenue	160	202	329	395
Segment operating income	0	13	(9)	29
Other \| Operating Segments
Segment Reporting Information [Line Items]
Total revenue	78	82	177	156
Segment operating income	$ 7	$ 10	$ 12	$ 20

Segment Information and Concentrations - Revenue by Geography (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 1,484	$ 1,710	$ 2,987	$ 3,246
Americas
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	886	1,029	1,778	1,949
Europe, Middle East and Africa (EMEA)
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	407	452	810	871
Asia Pacific (APJ)
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 191	$ 229	$ 399	$ 426

- Definition

Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Segment Information and Concentrations - Revenue by Products and Services (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue from External Customer [Line Items]
Total revenue	$ 1,484	$ 1,710	$ 2,987	$ 3,246
Product revenue
Revenue from External Customer [Line Items]
Total revenue	481	664	955	1,203
Professional services and installation services revenue
Revenue from External Customer [Line Items]
Total revenue	189	270	416	508
Recurring revenue, including maintenance, cloud revenue and payments
Revenue from External Customer [Line Items]
Total revenue	814	776	1,616	1,535
Software
Revenue from External Customer [Line Items]
Total revenue	460	496	934	963
Services
Revenue from External Customer [Line Items]
Total revenue	605	622	1,241	1,207
Hardware
Revenue from External Customer [Line Items]
Total revenue	$ 419	$ 592	$ 812	$ 1,076

- Definition

+ References

+ Details

Supplemental Financial Information - Components of Accounts Receivable (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]
Accounts Receivable, before Allowance for Credit Loss, Current	$ 1,303	$ 1,534
Accounts Receivable, Allowance for Credit Loss, Current	(54)	(44)
Accounts Receivable, after Allowance for Credit Loss, Current, Total	1,249	1,490
Trade Accounts Receivable [Member]
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]
Accounts Receivable, before Allowance for Credit Loss, Current	1,266	1,482
Other Receivables [Member]
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]
Accounts Receivable, before Allowance for Credit Loss, Current	$ 37	$ 52

Supplemental Financial Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Receivables [Abstract]
Provision for Other Credit Losses	$ 9	$ 19
Accounts Receivable, Allowance for Credit Loss, Writeoff	4	6
Provision for Credit Losses attributable to COVID-19	$ 3	$ 6

Supplemental Financial Information - Components of Inventory (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Inventory, Net [Abstract]
Work in process and raw materials	$ 198	$ 204
Finished goods	201	184
Service parts	383	396
Total inventories	$ 782	$ 784