XML 25 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net income (loss) $ 957 $ (423) $ 59
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Loss (gain) on debt extinguishment (8) 46 0
Depreciation and amortization 297 559 610
Stock-based compensation expense 47 177 125
Deferred income taxes 43 140 60
Loss (gain) on disposal of property, plant and equipment and other assets 0 (2) (10)
Loss (gain) on divestiture (1,544) 12 9
Impairment of other assets 11 8 0
Gain on terminated interest rate derivative agreements 0 (103) 0
Changes in assets and liabilities, net of effects of business acquired:      
Receivables (57) 47 (216)
Inventories 39 9 (188)
Current payables and accrued expenses (115) 108 29
Contract liabilities 67 (24) (1)
Employee benefit plans (38) (6) (61)
Other assets and liabilities 169 146 11
Net cash provided by (used in) operating activities (132) 694 427
Investing activities      
Expenditures for property, plant and equipment (30) (130) (92)
Proceeds from sale of property, plant and equipment and other assets 0 8 10
Additions to capitalized software (187) (247) (285)
Business acquisitions, net of cash acquired 0 (7) (13)
Proceeds from divestiture, net 2,458 96 (2)
Purchases of investments 0 (10) 0
Proceeds from disposition of corporate-owned life insurance policies 36 0 0
Termination of trade receivable facility (300) 0 0
Collections on purchased trade receivables 212 0 0
Other investing activities, net 0 0 (5)
Net cash provided by (used in) investing activities 2,189 (290) (387)
Financing activities      
Short term borrowings, net 0 0 1
Payments on term credit facilities (200) (1,878) (63)
Borrowings on term credit facilities 0 200 0
Payments on revolving credit facilities (699) (2,855) (1,192)
Borrowings on revolving credit facilities 600 2,430 1,333
Payments of senior unsecured notes (1,177) (1,000) 0
Proceeds from issuance of senior unsecured notes 0 0 12
Payments on other financing arrangements 0 (2) 0
Debt issuance costs and bridge commitment fees 0 (5) 0
Call premium on debt extinguishment 0 (24) 0
Cash dividend paid for Series A preferred share dividends (15) (15) (15)
Repurchases of common stock (56) 0 0
Tax withholding payments on behalf of employees (12) (34) (59)
Proceeds from employee stock plans 13 27 31
Net change in client funds obligations 0 0 (28)
Principal payments for finance lease obligations (14) (15) (15)
Proceeds from long-term debt related to debt transferred to NCR Atleos at separation 0 3,016 0
Cash transferred to NCR Atleos at separation 0 (684) 0
Other financing activities 0 0 (4)
Net cash provided by (used in) financing activities (1,560) (839) 1
Effect of exchange rate changes on cash, cash equivalents and restricted cash (24) (20) (50)
Increase (decrease) in cash, cash equivalents and restricted cash 473 (455) (9)
Cash, cash equivalents and restricted cash at beginning of period 285 740 749
Cash, cash equivalents and restricted cash at end of period $ 758 $ 285 $ 740