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INCOME TAXES (Tables)

12 Months Ended

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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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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