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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | For the years ended December 31, income (loss) from continuing operations before income taxes consisted of the following:
In millions |  | 2024 |  | 2023 |  | 2022
Income (loss) before income taxes |  |  |  |  |  |
United States |  | $ | (249) |  |  | $ | (451) |  |  | $ | (351) |
Foreign |  | 50 |  |  | (94) |  |  | 34 |
Total income (loss) from continuing operations before income taxes |  | $ | (199) |  |  | $ | (545) |  |  | $ | (317) |
Schedule of Components of Income Tax Expense (Benefit) | For the years ended December 31, income tax expense (benefit) consisted of the following:
In millions |  | 2024 |  | 2023 |  | 2022
Income tax expense (benefit) |  |  |  |  |  |
Current |  |  |  |  |  |
Federal |  | $ | (9) |  |  | $ | 26 |  |  | $ | 1 |
State |  | 2 |  |  | — |  |  | 2 |
Foreign |  | 26 |  |  | 31 |  |  | 25 |
Deferred |  |  |  |  |  |
Federal |  | (19) |  |  | (48) |  |  | (17) |
State |  | 1 |  |  | (3) |  |  | 1 |
Foreign |  | 3 |  |  | 178 |  |  | 40 |
Total income tax expense (benefit) |  | $ | 4 |  |  | $ | 184 |  |  | $ | 52 |
Schedule of Effective Income Tax Rate Reconciliation | The following table presents the principal components of the difference between the effective tax rate and the U.S. federal statutory income tax rate for the years ended December 31:
In millions |  | 2024 |  | 2023 |  | 2022
Income tax (benefit) expense at the U.S. federal tax rate of 21% |  | $ | (42) |  |  | $ | (114) |  |  | $ | (67) |
Foreign income tax differential |  | 8 |  |  | 1 |  |  | (4) |
Additional U.S. tax on foreign income |  | (6) |  |  | 14 |  |  | (2) |
State and local income taxes (net of federal effect) |  | 2 |  |  | (3) |  |  | 2 |
Other U.S. permanent book/tax differences |  | 1 |  |  | 4 |  |  | 4 |
Meals and entertainment expense |  | 1 |  |  | 2 |  |  | 1 |
Cash surrender value received as income |  | 4 |  |  | — |  |  | — |
Nondeductible transaction costs |  | — |  |  | 2 |  |  | 1 |
Nondeductible executive compensation |  | (1) |  |  | 17 |  |  | 9 |
Dispositions |  | — |  |  | 16 |  |  | — |
Spin-off of NCR Atleos |  | — |  |  | 226 |  |  | — |
Gains/losses on internal entity restructuring |  | (4) |  |  | — |  |  | — |
Excess (benefit)/deficit from share-based payments |  | 8 |  |  | 2 |  |  | — |
Research and development tax credits |  | (3) |  |  | (2) |  |  | (5) |
Foreign tax law changes |  | (7) |  |  | (8) |  |  | 3 |
Valuation allowances |  | 57 |  |  | 31 |  |  | 117 |
Change in liability for unrecognized tax benefits |  | (9) |  |  | 3 |  |  | (15) |
Change in tax estimates for prior periods |  | (6) |  |  | (5) |  |  | 4 |
Other, net |  | 1 |  |  | (2) |  |  | 4 |
Total income tax (benefit) expense |  | $ | 4 |  |  | $ | 184 |  |  | $ | 52 |
Schedule of Deferred Tax Assets and Liabilities | Deferred income tax assets and liabilities included in the Consolidated Balance Sheets as of December 31 were as follows:
In millions |  | 2024 |  | 2023
Deferred income tax assets |  |  |  |
Employee pensions and other benefits |  | $ | 15 |  |  | $ | 7 |
Other balance sheet reserves and allowances |  | 104 |  |  | 197 |
Tax loss and credit carryforwards |  | 156 |  |  | 248 |
Capitalized research and development |  | 78 |  |  | 51 |
Property, plant and equipment |  | 1 |  |  | 17 |
Lease liabilities |  | 54 |  |  | 56 |
Capitalized software |  | 50 |  |  | 15 |
Other |  | 16 |  |  | 26 |
Total deferred income tax assets |  | $ | 474 |  |  | $ | 617 |
Valuation allowance |  | (153) |  |  | (211) |
Net deferred income tax assets |  | $ | 321 |  |  | $ | 406 |
Deferred income tax liabilities |  |  |  |
Intangibles |  | $ | 82 |  |  | $ | 119 |
Right of use assets |  | 57 |  |  | 57 |
Capitalized software |  | — |  |  | — |
Total deferred income tax liabilities |  | $ | 139 |  |  | $ | 176 |
Total net deferred income tax assets |  | $ | 182 |  |  | $ | 230 |
Schedule of Unrecognized Tax Benefits Roll Forward | The aggregate changes in the balance of our gross unrecognized tax benefits were as follows for the years ended December 31:
In millions |  | 2024 |  | 2023 |  | 2022
Gross unrecognized tax benefits - January 1 |  | $ | 58 |  |  | $ | 87 |  |  | $ | 121 |
Increases related to tax positions from prior years |  | 1 |  |  | 1 |  |  | 3 |
Decreases related to tax positions from prior years |  | (5) |  |  | (1) |  |  | (15) |
Increases related to tax provisions taken during the current year |  | 1 |  |  | 2 |  |  | 7 |
Settlements with tax authorities |  | (4) |  |  | — |  |  | (22) |
Lapses of statutes of limitation |  | (5) |  |  | (1) |  |  | (7) |
Distributions to NCR Atleos |  | — |  |  | (30) |  |  | — |
Total gross unrecognized tax benefits - December 31 |  | $ | 46 |  |  | $ | 58 |  |  | $ | 87 |

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