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Segment Information and Concentrations (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Revenue and Operating Income by Segment

The following table presents revenue and Adjusted EBITDA by segment:

In millions			Three months ended March 31
			2022						2021
Revenue by segment
Payments & Network			$	299					$	22
Digital Banking			136						123
Self-Service Banking			611						628
Retail			546						520
Hospitality			211						179
Other			68						77
Eliminations			(8)						(5)
Total segment revenue			$	1,863					$	1,544
Other adjustment (1)			3						—
Consolidated revenue			$	1,866					$	1,544
Adjusted EBITDA by segment
Payments & Network			$	98					$	3
Digital Banking			56						54
Self-Service Banking			112						137
Retail			67						98
Hospitality			41						36
Corporate and Other			(97)						(67)
Eliminations			(6)						(3)
Total Adjusted EBITDA			$	271					$	258

(1) Other adjustment reflects the revenue attributable to the Company's operations in Russia for the three months ending March 31, 2022 that were excluded from management's measure of revenue due to our announcement to suspend sales to Russia and anticipated orderly wind down of our operations in Russia. The revenue attributable to the Russia operations for the prior period of $8 million are included in the respective segments.

For the three months ended March 31, 2022, the operations of Cardtronics are included in the Payments & Network and Self-Service Banking segments.

The following table reconciles net income (loss) from continuing operations to Adjusted EBITDA:

In millions			Three months ended March 31
			2022						2021
Net income (loss) from continuing operations attributable to NCR			$	(33)					$	30
Transformation costs			27						8
Acquisition-related amortization of intangibles			41						20
Acquisition-related costs			5						27
Interest expense			63						45
Interest income			(1)						(3)
Depreciation and amortization (excluding acquisition-related amortization of intangibles)			103						70
Income tax expense (benefit)			13						17
Stock-based compensation expense			34						44
Russia			19						—
Total Adjusted EBITDA			$	271					$	258

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 March 31
			2022						2021
Americas			$	1,181					$	929
Europe, Middle East and Africa (EMEA)			466						417
Asia Pacific (APJ)			219						198
Total revenue			$	1,866					$	1,544

Schedule of Revenues from Products and Services

The following table presents the recurring revenue for NCR:

In millions			Three months ended March 31
			2022						2021
Recurring revenue (1)			$	1,179					$	874
All other products and services			687						670
Total revenue			$	1,866					$	1,544

(1) Recurring revenue includes all revenue streams from contracts where there is a predictable revenue pattern that will occur at regular intervals with a relatively high degree of certainty. This includes hardware and software maintenance revenue, cloud revenue, payment processing revenue, interchange and network revenue, and certain professional services arrangements, as well as term-based software license arrangements that include customer termination rights.

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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