Document_and_Entity_Informatio
Document and Entity Information (USD $) | 12 Months Ended | ||
In Billions, except Share data in Millions, unless otherwise specified | Dec. 31, 2013 | Feb. 11, 2014 | Jun. 30, 2013 |
Document and Entity Information | ' | ' | ' |
Document Type | '10-K | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Amendment Flag | 'false | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' |
Entity Registrant Name | 'NCR CORP | ' | ' |
Entity Central Index Key | '0000070866 | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 166.7 | ' |
Entity Well-known Seasoned Issuer | 'Yes | ' | ' |
Entity Voluntary Filers | 'No | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' |
Entity Public Float | ' | ' | $5.50 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | $2,912 | $2,854 | $2,592 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 3,211 | 2,876 | 2,699 |
Total revenue | 1,670 | 1,508 | 1,535 | 1,410 | 1,642 | 1,435 | 1,409 | 1,244 | 6,123 | 5,730 | 5,291 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 2,152 | 2,144 | 2,022 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 2,231 | 1,941 | 2,318 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 871 | 742 | 890 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 203 | 155 | 209 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,457 | 4,982 | 5,439 |
Income (loss) from operations | 297 | 145 | 139 | 85 | 411 | 129 | 130 | 78 | 666 | 748 | -148 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -103 | -42 | -13 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | -9 | -8 | -3 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 554 | 698 | -164 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 98 | 223 | -66 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 456 | 475 | -98 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | -9 | 6 | -93 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 447 | 481 | -191 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 4 | 0 | -1 |
Net income (loss) attributable to NCR | 198 | 98 | 86 | 61 | 242 | 87 | 102 | 50 | 443 | 481 | -190 |
Amounts attributable to NCR common stockholders: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations | 206 | 98 | 86 | 62 | 239 | 88 | 89 | 59 | 452 | 475 | -97 |
Income (loss) from discontinued operations, net of tax | -8 | 0 | 0 | -1 | 3 | -1 | 13 | -9 | -9 | 6 | -93 |
Net income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | $443 | $481 | ($190) |
Net income per common share from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | $1.24 | $0.59 | $0.52 | $0.38 | $1.49 | $0.55 | $0.56 | $0.37 | $2.73 | $2.98 | ($0.61) |
Diluted (in dollars per share) | $1.21 | $0.58 | $0.51 | $0.37 | $1.45 | $0.53 | $0.54 | $0.36 | $2.67 | $2.90 | ($0.61) |
Net income (loss) per common share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | $1.19 | $0.59 | $0.52 | $0.37 | $1.51 | $0.55 | $0.64 | $0.32 | $2.68 | $3.02 | ($1.20) |
Diluted (in dollars per share) | $1.16 | $0.58 | $0.51 | $0.36 | $1.47 | $0.53 | $0.62 | $0.31 | $2.62 | $2.94 | ($1.20) |
Weighted average common shares outstanding | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in shares) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 161 |
Diluted (in shares) | ' | ' | ' | ' | ' | ' | ' | ' | 169.3 | 163.8 | 158 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Net income (loss) | $447 | $481 | ($191) |
Other comprehensive income (loss): | ' | ' | ' |
Currency translation adjustments | -53 | -8 | -17 |
Unrealized gain (loss) on derivatives | 2 | -14 | -12 |
Losses on derivatives arising during the period | 6 | 1 | 4 |
Less income tax (expense) benefit | -3 | 3 | 3 |
Unrealized gain (loss) on securities | 3 | 0 | -1 |
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax | -1 | 0 | 0 |
Employee benefit plans | ' | ' | ' |
Prior service (cost) benefit during the year | -5 | -2 | 37 |
Amortization of prior service benefit | -30 | -17 | -14 |
Net gain arising during the year | 82 | 0 | 24 |
Amortization of actuarial loss | 8 | 14 | 17 |
Less income tax (expense) benefit | -17 | 1 | -20 |
Other comprehensive (loss) income | -8 | -22 | 21 |
Total comprehensive income (loss) | 439 | 459 | -170 |
Less comprehensive income attributable to noncontrolling interests: | ' | ' | ' |
Net income (loss) attributable to noncontrolling interests | 4 | 0 | -1 |
Currency translation adjustments | -7 | -4 | 2 |
Amounts attributable to noncontrolling interests | -3 | -4 | 1 |
Comprehensive income (loss) attributable to NCR common stockholders | $442 | $463 | ($171) |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Assets | ' | ' |
Cash and cash equivalents | $528 | $1,069 |
Restricted cash | 1,114 | 0 |
Accounts receivable, net | 1,339 | 1,086 |
Inventories | 790 | 797 |
Other current assets | 568 | 454 |
Total current assets | 4,339 | 3,406 |
Property, plant and equipment, net | 352 | 308 |
Goodwill | 1,534 | 1,003 |
Intangibles, net | 494 | 304 |
Prepaid pension cost | 478 | 368 |
Deferred income taxes | 441 | 532 |
Other assets | 470 | 448 |
Total assets | 8,108 | 6,369 |
Liabilities and stockholders’ equity | ' | ' |
Short-term borrowings | 34 | 72 |
Accounts payable | 670 | 611 |
Payroll and benefits liabilities | 191 | 186 |
Deferred service revenue and customer deposits | 525 | 455 |
Other current liabilities | 461 | 418 |
Total current liabilities | 1,881 | 1,742 |
Long-term debt | 3,320 | 1,891 |
Pension and indemnity plan liabilities | 532 | 805 |
Postretirement and postemployment benefits liabilities | 169 | 246 |
Income tax accruals | 189 | 138 |
Environmental liabilities | 121 | 171 |
Other liabilities | 99 | 79 |
Total liabilities | 6,311 | 5,072 |
Commitments and Contingencies (Note 10) | ' | ' |
Redeemable noncontrolling interest | 14 | 15 |
Stockholders’ equity | ' | ' |
Preferred stock: par value $0.01 per share,100.0 shares authorized, no shares issued and outstanding as of December 31, 2013 and 2012, respectively | 0 | 0 |
Common stock: par value $0.01 per share, 500.0 shares authorized, 166.6 and 162.8 shares issued and outstanding as of December 31, 2013 and 2012, respectively | 2 | 2 |
Paid-in capital | 433 | 358 |
Retained earnings | 1,372 | 929 |
Accumulated other comprehensive loss | -38 | -37 |
Total NCR stockholders’ equity | 1,769 | 1,252 |
Noncontrolling interests in subsidiaries | 14 | 30 |
Total stockholders’ equity | 1,783 | 1,282 |
Total liabilities and stockholders’ equity | $8,108 | $6,369 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Stockholders' Equity: | ' | ' |
Preferred Stock, par value (in dollars per share) | $0.01 | $0.01 |
Preferred Stock shares authorized | 100,000,000 | 100,000,000 |
Preferred Stock shares issued | 0 | 0 |
Preferred Stock shares outstanding | 0 | 0 |
Common Stock par value (in dollars per share) | $0.01 | $0.01 |
Common Stock shares authorized | 500,000,000 | 500,000,000 |
Common Stock shares issued | 166,600,000 | 162,800,000 |
Common Stock shares outstanding | 166,600,000 | 162,800,000 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Operating Activities | ' | ' | ' |
Net income (loss) | $447 | $481 | ($191) |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ' | ' | ' |
Loss (income) from discontinued operations | 9 | -6 | 93 |
Depreciation and amortization | 208 | 166 | 128 |
Stock-based compensation expense | 41 | 49 | 33 |
Excess tax benefit from stock-based compensation | 0 | 0 | -1 |
Deferred income taxes | -3 | -144 | 130 |
Gain on sale of property, plant and equipment and other assets | -14 | -10 | -5 |
Impairment of long-lived and other assets | 0 | 7 | 0 |
Changes in operating assets and liabilities: | ' | ' | ' |
Receivables | -136 | -53 | -57 |
Inventories | 10 | -42 | 4 |
Current payables and accrued expenses | 21 | 86 | 50 |
Deferred service revenue and customer deposits | 36 | 31 | 34 |
Pension and indemnity plans | -397 | -994 | 452 |
Other assets and liabilities | 53 | -39 | -22 |
Net cash provided by (used in) operating activities | 281 | -180 | 388 |
Investing activities | ' | ' | ' |
Expenditures for property, plant and equipment | -116 | -80 | -61 |
Proceeds from sales of property, plant and equipment | 10 | 8 | 2 |
Additions to capitalized software | -110 | -80 | -62 |
Business acquisitions, net of cash acquired | -780 | -108 | -1,085 |
Changes in restricted cash | -1,114 | 0 | 0 |
Other investing activities, net | 5 | 4 | 0 |
Net cash used in investing activities | -2,105 | -256 | -1,206 |
Financing activities | ' | ' | ' |
Repurchases of Company common stock | 0 | 0 | -70 |
Tax withholding payments on behalf of employees | -30 | -12 | 0 |
Repayment of short-term borrowings | -1 | 0 | 0 |
Excess tax benefit from stock-based compensation | 0 | 0 | 1 |
Proceeds from employee stock plans | 57 | 53 | 18 |
Repayments of Secured Debt | -35 | 0 | 0 |
Borrowings on term credit facilities | 329 | 150 | 700 |
Payments on revolving credit facility | -1,009 | -860 | -260 |
Borrowings on revolving credit facility | 1,009 | 720 | 400 |
Proceeds from bond offerings | 1,100 | 1,100 | 0 |
Debt issuance costs | -36 | -19 | -29 |
Proceeds from sale of noncontrolling interest | 0 | 0 | 43 |
Payments to Noncontrolling Interests | -24 | 0 | 0 |
Dividend distribution to minority shareholder | -3 | -1 | -1 |
Net cash provided by financing activities | 1,357 | 1,131 | 802 |
Cash flows from discontinued operations | ' | ' | ' |
Net cash used in operating activities | -52 | -114 | -37 |
Net cash provided by (used in) investing activities | 0 | 99 | -40 |
Net cash used in discontinued operations | -52 | -15 | -77 |
Effect of exchange rate changes on cash and cash equivalents | -22 | -9 | -5 |
(Decrease) increase in cash and cash equivalents | -541 | 671 | -98 |
Cash and cash equivalents at beginning of period | 1,069 | 398 | 496 |
Cash and cash equivalents at end of period | 528 | 1,069 | 398 |
Cash paid during the year for: | ' | ' | ' |
Income taxes | 70 | 32 | 55 |
Interest | $71 | $15 | $5 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Stockholders' Equity (USD $) | Total | Total Stockholders Equity | Common Stock | Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) Income | Non-Redeemable Noncontrolling Interests in Subsidiaries |
In Millions, unless otherwise specified | |||||||
Balance at beginning of period at Dec. 31, 2010 | ' | $916 | $2 | $281 | $638 | ($38) | $33 |
Balance (shares) at Dec. 31, 2010 | ' | ' | 160 | ' | ' | ' | ' |
Comprehensive income (loss): | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | ' | -189 | ' | ' | -190 | ' | 1 |
Other comprehensive (loss) income | 21 | 21 | ' | ' | ' | 19 | 2 |
Total comprehensive income (loss) | ' | -168 | ' | ' | -190 | 19 | 3 |
Employee stock purchase and stock compensation plans | ' | 53 | ' | 53 | ' | ' | ' |
Employee stock purchase and stock compensation plans (in shares) | ' | ' | 1 | ' | ' | ' | ' |
Repruchase of company common stock (in shares) | ' | ' | -3 | ' | ' | ' | ' |
Repurchase of Company common stock | ' | -70 | ' | -70 | ' | ' | ' |
Sale of redeemable noncontrolling interests | ' | 23 | ' | 23 | ' | ' | ' |
Dividend distribution to minority shareholder | ' | -1 | ' | ' | ' | ' | -1 |
Balance at end of period at Dec. 31, 2011 | ' | 753 | 2 | 287 | 448 | -19 | 35 |
Balance (shares) at Dec. 31, 2011 | ' | ' | 158 | ' | ' | ' | ' |
Comprehensive income (loss): | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | ' | 481 | ' | ' | 481 | ' | 0 |
Other comprehensive (loss) income | -22 | -22 | ' | ' | ' | -18 | -4 |
Total comprehensive income (loss) | ' | 459 | ' | ' | 481 | -18 | -4 |
Employee stock purchase and stock compensation plans | ' | 71 | ' | 71 | ' | ' | ' |
Employee stock purchase and stock compensation plans (in shares) | ' | ' | 5 | ' | ' | ' | ' |
Dividend distribution to minority shareholder | ' | -1 | ' | ' | ' | ' | -1 |
Balance at end of period at Dec. 31, 2012 | 1,282 | 1,282 | 2 | 358 | 929 | -37 | 30 |
Balance (shares) at Dec. 31, 2012 | 162.8 | ' | 163 | ' | ' | ' | ' |
Comprehensive income (loss): | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | ' | 446 | ' | ' | 443 | ' | 3 |
Other comprehensive (loss) income | -8 | -6 | ' | ' | ' | -1 | -5 |
Total comprehensive income (loss) | ' | 440 | ' | ' | 443 | -1 | -2 |
Employee stock purchase and stock compensation plans | ' | 83 | ' | 83 | ' | ' | ' |
Employee stock purchase and stock compensation plans (in shares) | ' | ' | 4 | ' | ' | ' | ' |
Purchase of subsidiary shares from minority shareholder | ' | -28 | ' | -8 | ' | ' | -20 |
Acquisition of noncontrolling interest | ' | 9 | ' | ' | ' | ' | 9 |
Dividend distribution to minority shareholder | ' | -3 | ' | ' | ' | ' | -3 |
Balance at end of period at Dec. 31, 2013 | $1,783 | $1,783 | $2 | $433 | $1,372 | ($38) | $14 |
Balance (shares) at Dec. 31, 2013 | 166.6 | ' | 167 | ' | ' | ' | ' |
Description_of_Business_and_Si
Description of Business and Significant Accounting Policies | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Description of Business and Significant Accounting Policies [Abstract] | ' | ||||||||||||
Description of Business and Significant Accounting Policies | ' | ||||||||||||
1. DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES | |||||||||||||
Description of Business NCR Corporation (NCR or the Company, also referred to as “we,” “us” or “our”) and its subsidiaries provide innovative products and services that are designed to enable NCR’s customers to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service. NCR’s portfolio of self-service and assisted-service solutions serve customers in the financial services, retail, hospitality, travel, and telecommunications and technology industries and include automated teller machines (ATMs) and ATM and financial services software, point of sale (POS) devices and POS software, self-service kiosks and software applications that can be used by consumers to enable them to interact with businesses from their computer or mobile device. NCR complements these product solutions by offering a complete portfolio of services to support both NCR and third party solutions. NCR also resells third-party networking products and provides related service offerings in the telecommunications and technology sector. | |||||||||||||
NCR’s solutions are built on a foundation of long-established industry knowledge and consulting expertise, value-added software and hardware technology, global customer support services, and a complete line of business consumables and specialty media products. | |||||||||||||
On February 6, 2013, the Company completed the acquisition of Retalix Ltd. (Retalix). As a result of the acquisition, the results of Retalix are included for the period from February 6, 2013 to December 31, 2013. See Note 4, "Business Combinations and Divestitures," for additional information. | |||||||||||||
Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (otherwise known as 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 revenues and expenses during the period reported. Actual results could differ from those estimates. | |||||||||||||
Evaluation of Subsequent Events The Company evaluated subsequent events through the date that our Consolidated Financial Statements were issued. Except as described in Note 18, "Subsequent Events," no matters were identified that required adjustment of the Consolidated Financial Statements or additional disclosure. | |||||||||||||
Out of Period Adjustments During the fourth quarter of 2013, the Company recorded a $15 million income tax benefit related to the release of a valuation allowance on specific deferred tax assets in NCR’s subsidiary in Japan that should have been released in a prior period. The Company determined the impact of this error was not material to the annual or interim financial statements of previous periods and the effect of correcting this error was not material to the 2013 annual financial statements. | |||||||||||||
During the third quarter of 2012, the Company recorded a $5 million income tax benefit related to an error in the calculation of the interest portion included in income tax expense for 2011 and 2010. The Company determined the impact of this error was not material to the annual or interim financial statements of previous periods and the effect of correcting this error was not material to the 2012 annual or interim financial statements. | |||||||||||||
During the fourth quarter of 2011, the Company recorded charges of approximately $2 million in other (expense) income, net related to foreign currency fluctuations from several inter-company transactions that were incorrectly included in the cumulative translation adjustment balance. Additionally, the Company recorded an increase in selling, general and administrative expenses of approximately $4 million to correct certain tax accounts in Brazil determined to be unrecoverable. 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 in 2011 was not material to the 2011 annual financial statements. | |||||||||||||
Basis of Consolidation The consolidated financial statements include the accounts of NCR and its majority-owned subsidiaries. Long-term investments in affiliated companies in which NCR owns between 20% and 50%, and therefore, exercises significant influence, but which it does not control, are accounted for using the equity method. Investments in which NCR does not exercise significant influence (generally, when NCR has an investment of less than 20% and no significant influence, such as representation on the investee’s board of directors) are accounted for using the cost method. All significant inter-company transactions and accounts have been eliminated. In addition, the Company is required to determine whether it is the primary beneficiary of economic income or losses that may be generated by variable interest entities in which the Company has such an interest. In circumstances where the Company determined it is the primary beneficiary, consolidation of that entity would be required. For the periods presented, no variable interest entities have been consolidated. | |||||||||||||
Reclassifications Certain prior-period amounts have been reclassified in the accompanying Consolidated Financial Statements and Notes thereto in order to conform to the current period presentation. | |||||||||||||
Revenue Recognition The Company records revenue, net of taxes, when it is realized, or realizable, and earned. The Company considers these criteria met when persuasive evidence of an arrangement exists, the products or services have been provided to the customer, the sales price is fixed or determinable, and collectability is reasonably assured. For product sales, delivery is deemed to have occurred when the customer has assumed risk of loss of the goods sold and all performance obligations are complete. For services sales, revenue is recognized as the services are provided or ratably over the service period, or, if applicable, after customer acceptance of the services. | |||||||||||||
NCR frequently enters into multiple-element arrangements with its customers including hardware, software, professional consulting services, transaction services and maintenance support services. For arrangements involving multiple deliverables, when deliverables include software and non-software products and services, NCR evaluates and separates each deliverable to determine whether it represents a separate unit of accounting based on the following criteria: (a) whether the delivered item has value to the customer on a stand-alone basis; and (b) if the contract includes a general right of return relative to the delivered item, whether delivery or performance of the undelivered items is considered probable and substantially in the control of NCR. | |||||||||||||
For arrangements entered into or materially modified after January 1, 2011, consideration is allocated to each unit of accounting based on the units' relative selling prices. In such circumstances, the Company uses a hierarchy to determine the selling price to be used for allocating revenue to each deliverable: (i) vendor-specific objective evidence of selling price (VSOE); (ii) third-party evidence of selling price (TPE); and (iii) best estimate of selling price (BESP). VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. VSOE is established for our software maintenance services and we use TPE to establish selling prices for our non-software related services, which include hardware maintenance, non-software related professional services, and transaction services. The Company uses BESP to allocate revenue when we are unable to establish VSOE or TPE of selling price. BESP is primarily used for elements such as products that are not consistently priced within a narrow range. The Company determines BESP for a deliverable by considering multiple factors including product class, geography, average discount, and management's historical pricing practices. Amounts allocated to the delivered hardware and software elements are recognized at the time of sale, provided the other conditions for revenue recognition have been met. Amounts allocated to the undelivered maintenance and other services elements are recognized as the services are provided or on a straight-line basis over the service period. In certain instances, customer acceptance is required prior to the passage of title and risk of loss of the delivered products. In such cases, revenue is not recognized until the customer acceptance is obtained. Delivery and acceptance generally occur in the same reporting period. | |||||||||||||
For arrangements entered into prior to January 1, 2011, the Company has not applied BESP. In such arrangements, if the Company has the requisite evidence of selling price for the undelivered elements but not for the delivered elements, the Company applies the residual method to allocate arrangement consideration. | |||||||||||||
In situations where NCR's solutions contain software that is more than incidental, revenue related to the software and software-related elements is recognized in accordance with authoritative guidance on software revenue recognition. For the software and software-related elements of such transactions, revenue is allocated based on the relative fair value of each element, and fair value is determined by VSOE. If the Company cannot objectively determine the fair value of any undelivered element included in such multiple-element arrangements, the Company defers revenue until all elements are delivered and services have been performed, or until fair value can objectively be determined for any remaining undelivered elements. When the fair value of a delivered element has not been established, but fair value evidence exists for the undelivered elements, the Company uses the residual method to recognize revenue. Under the residual method, the fair value of the undelivered elements is deferred and the remaining portion of the arrangement fee is allocated to the delivered elements and is recognized as revenue. | |||||||||||||
For certain of NCR’s long-term contracts, primarily related to the acquisition of Retalix, the Company utilizes a percentage-of-completion accounting method, which requires estimates of future revenues and costs over the full term of product and/or service delivery. Estimated losses, if any, on long-term projects are recognized as soon as such losses become known. | |||||||||||||
NCR's customers may request that delivery and passage of title and risk of loss occur on a bill and hold basis. For the years ended December 31, 2013, 2012, and 2011, the revenue recognized from bill and hold transactions approximated 1% or less of total revenue. | |||||||||||||
In addition to the standard product warranty, the Company periodically offers extended warranties to its customers in the form of product maintenance services. For contracts that are not separately priced but include product maintenance, the Company defers revenue at an amount based on the selling price, using objective and reliable evidence, and recognizes the deferred revenue over the service term. For separately priced product maintenance contracts, NCR defers the stated amount of the separately priced contract and recognizes the deferred revenue ratably over the service term. | |||||||||||||
Shipping and Handling Costs related to shipping and handling are included in cost of products in the Consolidated Statements of Operations. | |||||||||||||
Cash and Cash Equivalents All short-term, highly liquid investments having original maturities of three months or less, including time deposits, are considered to be cash equivalents. | |||||||||||||
Restricted Cash Restricted cash consists of deposits that are contractually restricted as to their withdrawal or use. Refer to Note 6, "Debt Obligations" for further discussion. | |||||||||||||
Allowance for Doubtful Accounts NCR establishes provisions for doubtful accounts using percentages of accounts receivable balances to reflect historical average credit losses and specific provisions for known issues. | |||||||||||||
Inventories Inventories are stated at the lower of cost or market, using the average cost method. Cost includes materials, labor and manufacturing overhead related to the purchase and production of inventories. Service parts are included in inventories and include reworkable and non-reworkable service parts. The Company regularly reviews inventory quantities on hand, future purchase commitments with suppliers and the estimated utility of inventory. If the review indicates a reduction in utility below carrying value, inventory is reduced to a new cost basis. Excess and obsolete reserves are established based on forecasted usage, orders, technological obsolescence and inventory aging. | |||||||||||||
Goodwill and Other Long-Lived Assets | |||||||||||||
Capitalized Software Certain direct development costs associated with internal-use software are capitalized within other assets and amortized over the estimated useful lives of the resulting software. NCR typically amortizes capitalized internal-use software on a straight-line basis over four to seven years beginning when the asset is substantially ready for use, as this is considered to approximate the usage pattern of the software. | |||||||||||||
Costs incurred for the development of software that will be sold, leased or otherwise marketed are capitalized when technological feasibility has been established. These costs are included within other assets and are amortized on a sum-of-the-years' digits or straight-line basis over the estimated useful lives ranging from three to five years, using the method that most closely approximates the sales pattern of the software. Amortization begins when the product is available for general release. Costs capitalized include direct labor and related overhead costs. Costs incurred prior to technological feasibility or after general release are expensed as incurred. The following table identifies the activity relating to total capitalized software: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Beginning balance as of January 1 | $ | 142 | $ | 118 | $ | 107 | |||||||
Capitalization | 110 | 80 | 62 | ||||||||||
Amortization | (59 | ) | (56 | ) | (51 | ) | |||||||
Ending balance as of December 31 | $ | 193 | $ | 142 | $ | 118 | |||||||
Goodwill and Other Intangible Assets Goodwill represents the excess of purchase price over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. Goodwill is tested at the reporting unit level for impairment on an annual basis during the fourth quarter or more frequently if certain events occur indicating that the carrying value of goodwill may be impaired. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include a decline in expected cash flows, a significant adverse change in legal factors or in the business climate, a decision to sell a business, unanticipated competition, or slower growth rates, among others. | |||||||||||||
In the evaluation of goodwill for impairment, we first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than the carrying amount. If so, we perform a quantitative assessment and compare the fair value of the reporting unit to the carrying value. If the carrying value of a reporting unit exceeds its fair value, the goodwill of that reporting unit is potentially impaired and we proceed to step two of the impairment analysis. In step two of the analysis, we will record an impairment loss equal to the excess of the carrying value of the reporting unit’s goodwill over its implied fair value should such a circumstance arise. Fair values of the reporting units are estimated primarily using the income approach, which incorporates the use of discounted cash flow (DCF) analyses. A number of significant assumptions and estimates are involved in the application of the DCF model to forecast operating cash flows, including markets and market shares, sales volumes and prices, costs to produce, tax rates, capital spending, discount rate and working capital changes. Most of these assumptions vary among reporting units. The cash flow forecasts are generally based on approved strategic operating plans. | |||||||||||||
For the fourth quarter of 2013 and 2012, we performed our annual impairment assessment of goodwill which did not indicate that an impairment existed. | |||||||||||||
Acquired intangible assets other than goodwill are amortized over their weighted average amortization period unless they are determined to be indefinite. Acquired intangible assets are carried at cost, less accumulated amortization. For intangible assets purchased in a business combination, the estimated fair values of the assets received are used to establish the carrying value. The fair value of acquired intangible assets is determined using common techniques, and the Company employs assumptions developed using the perspective of a market participant. | |||||||||||||
Property, Plant and Equipment Property, plant and equipment, and leasehold improvements are stated at cost less accumulated depreciation. Depreciation is computed over the estimated useful lives of the related assets primarily on a straight-line basis. Machinery and other equipment are depreciated over 3 to 20 years and buildings over 25 to 45 years. Leasehold improvements are depreciated over the life of the lease or the asset, whichever is shorter. Assets classified as held for sale are not depreciated. Upon retirement or disposition of property, plant and equipment, the related cost and accumulated depreciation or amortization are removed from the Company’s accounts, and a gain or loss is recorded. Depreciation expense related to property, plant and equipment was $68 million, $64 million, and $58 million for the years ended December 31, 2013, 2012, and 2011, respectively. | |||||||||||||
Valuation of Long-Lived Assets Long-lived assets such as property, plant and equipment, finite-lived intangible assets, and software are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable or in the period in which the held for sale criteria are met. For assets held and used, this analysis consists of comparing the asset’s carrying value to the expected future cash flows to be generated from the asset on an undiscounted basis. If the carrying amount of the asset is determined not to be recoverable, a write-down to fair value is recorded. Fair values are determined based on quoted market values, discounted cash flows, or external appraisals, as applicable. Long-lived assets are reviewed for impairment at the individual asset or the asset group level for which the lowest level of independent cash flows can be identified. | |||||||||||||
Warranty and Sales Returns Provisions for product warranties and sales returns and allowances are recorded in the period in which NCR becomes obligated to honor the related right, which generally is the period in which the related product revenue is recognized. The Company accrues warranty reserves 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, a warranty reserve is recorded based upon the estimated cost to provide the service over the warranty period. The Company accrues sales returns and allowances using percentages of revenue to reflect the Company’s historical average of sales return claims. | |||||||||||||
Research and Development Costs Research and development costs primarily include payroll and benefit-related costs, contractor fees, facilities costs, infrastructure costs, and administrative expenses directly related to research and development support and are expensed as incurred, except certain software development costs are capitalized after technological feasibility of the software is established. | |||||||||||||
Leases The Company accounts for material escalation clauses, free or reduced rents and landlord incentives contained in operating type leases on a straight-line basis over the lease term, including any reasonably assured lease renewals. For leasehold improvements that are funded by the landlord, the Company records the incentive as deferred rent. The deferred rent is then amortized as reductions to lease expense over the lease term. | |||||||||||||
For capital leases where NCR is the lessee, we record an amortizable debt and a related fixed asset in the Consolidated Balance Sheet. | |||||||||||||
Pension, Postretirement and Postemployment Benefits NCR has significant pension, postretirement and postemployment benefit costs, which are developed from actuarial valuations. Actuarial assumptions are established to anticipate future events and are used in calculating the expense and liabilities relating to these plans. These factors include assumptions the Company makes about interest rates, expected investment return on plan assets, rate of increase in healthcare costs, total and involuntary turnover rates, and rates of future compensation increases. In addition, NCR also uses subjective factors, such as withdrawal rates and mortality rates to develop the Company’s valuations. NCR generally reviews and updates these assumptions on an annual basis. NCR is required to consider current market conditions, including changes in interest rates, in making these assumptions. The actuarial assumptions that NCR uses may differ materially from actual results due to changing market and economic conditions, higher or lower withdrawal rates, or longer or shorter life spans of participants. These differences may result in a significant impact to the amount of pension, postretirement or postemployment benefits expense, and the related assets and liabilities, the Company has recorded or may record. | |||||||||||||
Foreign Currency For many NCR international operations, the local currency is designated as the functional currency. Accordingly, assets and liabilities are translated into U.S. Dollars at year-end exchange rates, and revenues and expenses are translated at average exchange rates prevailing during the year. Currency translation adjustments from local functional currency countries resulting from fluctuations in exchange rates are recorded in other comprehensive income. Where the U.S. Dollar is the functional currency, remeasurement adjustments are recorded in other (expense) income, net. | |||||||||||||
Derivative Instruments In the normal course of business, NCR enters into various financial instruments, including derivative financial instruments. The Company accounts for derivatives as either assets or liabilities in the Consolidated Balance Sheets at fair value and recognizes the resulting gains or losses as adjustments to earnings or other comprehensive income. The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objective and strategy for undertaking various hedge transactions. Hedging activities are transacted only with highly rated institutions, reducing exposure to credit risk in the event of nonperformance. Additionally, the Company completes assessments related to the risk of counterparty nonperformance on a regular basis. | |||||||||||||
The accounting for changes in fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship, and further, on the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, the Company has designated the hedging instrument, based on the exposure being hedged, as a fair value hedge, a cash flow hedge or a hedge of a net investment in a foreign operation. For derivative instruments designated as fair value hedges, the effective portion of the hedge is recorded as an offset to the change in the fair value of the hedged item, and the ineffective portion of the hedge, if any, is recorded in the Consolidated Statement of Operations. For derivative instruments designated as cash flow hedges and determined to be highly effective, the gains or losses are deferred in other comprehensive income and recognized in the determination of income as adjustments of carrying amounts when the underlying hedged transaction is realized, canceled or otherwise terminated. When hedging certain foreign currency transactions of a long-term investment nature (net investments in foreign operations) gains and losses are recorded in the currency translation adjustment component of accumulated other comprehensive income (loss). Gains and losses on foreign exchange contracts that are not used to hedge currency transactions of a long-term investment nature, or that are not designated as cash flow or fair value hedges, are recognized in other (expense) income, net as exchange rates change. | |||||||||||||
Fair Value of Assets and Liabilities Fair value is defined as an exit price, representing an amount that would be received to sell an asset or the amount paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the guidance prioritizes the inputs used to measure fair value into the following three-tier fair value hierarchy: | |||||||||||||
• | Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities | ||||||||||||
• | Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active or inputs, other than quoted prices in active markets, that are observable either directly or indirectly | ||||||||||||
• | Level 3: Unobservable inputs for which there is little or no market data | ||||||||||||
Assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurements. The Company reviews the fair value hierarchy classification on a quarterly basis. Changes to the observability of valuation inputs may result in a reclassification of levels for certain securities within the fair value hierarchy. | |||||||||||||
NCR measures its financial assets and financial liabilities at fair value based on one or more of the following three valuation techniques: | |||||||||||||
• | Market approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. | ||||||||||||
• | Cost approach: Amount that would be required to replace the service capacity of an asset (replacement cost). | ||||||||||||
• | Income approach: Techniques to convert future amounts to a single present amount based upon market expectations (including present value techniques, option pricing and excess earnings models). | ||||||||||||
We regularly review our investments to determine whether a decline in fair value, if any, below the cost basis is other than temporary. If the decline in the fair value is determined to be other than temporary, the cost basis of the security is written down to fair value and the amount of the write-down is included in the Consolidated Statement of Operations. For qualifying investments in debt or equity securities, a temporary impairment charge would be recognized in other comprehensive income (loss). | |||||||||||||
Environmental and Legal 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, regulations, and standards 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 the costs to NCR or could have an impact on NCR’s future operating results. NCR believes that the amounts provided in its Consolidated Financial Statements are adequate in light of the probable and estimable liabilities. 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 the Fox River and Kalamazoo River environmental matters discussed in Note 10, "Commitments and Contingencies," and to comply with applicable laws and regulations, will not exceed the amounts reflected in NCR’s Consolidated Financial Statements or will not have a material adverse effect on the Company’s consolidated results of operations, financial condition or cash flows. Any costs that may be incurred in excess of those amounts provided as of December 31, 2013 cannot currently be reasonably determined or are not currently considered probable. | |||||||||||||
Legal fees and expenses related to loss contingencies are typically expensed as incurred, except for certain costs associated with NCR’s environmental remediation obligations. Costs and fees associated with litigating the extent and type of required remedial actions and the allocation of remediation costs among potentially responsible parties are typically included in the measurement of the environmental remediation liabilities. | |||||||||||||
Advertising Advertising costs are recognized in selling, general and administrative expenses when incurred. | |||||||||||||
Income Taxes Income tax expense is provided based on income before income taxes. Deferred income taxes reflect the impact of temporary differences between assets and liabilities recognized for financial reporting purposes and such amounts recognized for tax purposes. These deferred taxes are determined based on the enacted tax rates expected to apply in the periods in which the deferred assets or liabilities are expected to be settled or realized. NCR records valuation allowances related to its deferred income tax assets when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. | |||||||||||||
The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being sustained upon examination by authorities. Interest and penalties related to uncertain tax positions are recognized as part of the provision for income taxes and are accrued beginning in the period that such interest and penalties would be applicable under relevant tax law and until such time that the related tax benefits are recognized. | |||||||||||||
Redeemable Noncontrolling Interests In 2011, we sold a 49% voting equity interest in NCR Brasil - Indústria de Equipamentos para Automação S.A., a subsidiary of the Company (NCR Manaus) to Scopus Tecnologia Ltda. (Scopus) for a subscription price of approximately $43 million. In the event NCR Manaus does not meet a defined financial performance goal during the five year period ending in 2016, Scopus may elect to put its noncontrolling interest to us for its then-current fair value. | |||||||||||||
Earnings Per Share Basic earnings per share is calculated by dividing net income by the weighted average number of shares outstanding during the reported period. The calculation of diluted earnings per share is similar to basic earnings per share, except that the weighted average number of shares outstanding includes the dilution from potential shares resulting from stock options and restricted stock awards. When calculating diluted earnings per share, the Company includes the potential windfall or shortfall tax benefits as well as average unrecognized compensation expense as part of the assumed proceeds from exercises of stock options. The Company uses the tax law ordering approach to determine the potential utilization of windfall benefits. The holders of unvested restricted stock awards do not have nonforfeitable rights to dividends or dividend equivalents and therefore, such unvested awards do not qualify as participating securities. See Note 8, "Employee Stock Compensation Plans" for share information on NCR’s stock compensation plans. | |||||||||||||
The components of basic and diluted earnings per share attributable to NCR common stockholders are as follows for the years ended December 31: | |||||||||||||
In millions, except per share amounts | 2013 | 2012 | 2011 | ||||||||||
Income (loss) from continuing operations | $ | 452 | $ | 475 | $ | (97 | ) | ||||||
(Loss) income from discontinued operations, net of tax | (9 | ) | 6 | (93 | ) | ||||||||
Net income (loss) attributable to NCR common stockholders | $ | 443 | $ | 481 | $ | (190 | ) | ||||||
Weighted average outstanding shares of common stock | 165.4 | 159.3 | 158 | ||||||||||
Dilutive effect of employee stock options and restricted stock | 3.9 | 4.5 | — | ||||||||||
Diluted weighted average number of shares outstanding | 169.3 | 163.8 | 158 | ||||||||||
Basic earnings (loss) per share: | |||||||||||||
From continuing operations | $ | 2.73 | $ | 2.98 | $ | (0.61 | ) | ||||||
From discontinued operations | (0.05 | ) | 0.04 | (0.59 | ) | ||||||||
Total basic earnings (loss) per share | $ | 2.68 | $ | 3.02 | $ | (1.20 | ) | ||||||
Diluted earnings (loss) per share: | |||||||||||||
From continuing operations | $ | 2.67 | $ | 2.9 | $ | (0.61 | ) | ||||||
From discontinued operations | (0.05 | ) | 0.04 | (0.59 | ) | ||||||||
Total diluted earnings (loss) per share | $ | 2.62 | $ | 2.94 | $ | (1.20 | ) | ||||||
For 2011, due to the net loss attributable to NCR common stockholders, potential common shares that would cause dilution, such as restricted stock and stock options, have been excluded from the diluted share count because their effect would have been anti-dilutive. For the year ended December 31, 2011, the fully diluted shares would have been 161.0 million shares. | |||||||||||||
For 2013, there were no anti-dilutive options. For 2012 and 2011, outstanding options to purchase approximately 1.2 million, and 3.7 million shares of common stock, respectively, were not included in the diluted share count because the options’ exercise prices were greater than the average market price of the underlying common shares and, therefore, the effect would have been anti-dilutive. | |||||||||||||
Stock Compensation Stock-based compensation represents the costs related to share-based awards granted to employees and non-employee directors. For all periods presented, the Company’s outstanding stock-based compensation awards are classified as equity except for certain awards granted to non-employee directors. The Company measures stock-based compensation cost at the grant date, based on the estimated fair value of the award and recognizes the cost on a straight-line basis (net of estimated forfeitures) over the requisite service period. See Note 8, "Employee Stock Compensation Plans" for further information on NCR’s stock-based compensation plans. | |||||||||||||
Related Party Transactions In 2011, concurrent with the sale of a noncontrolling interest in NCR Manaus to Scopus, we entered into a Master Purchase Agreement (MPA) with Banco Bradesco SA (Bradesco), the parent of Scopus. Through the MPA, Bradesco agreed to purchase up to 30,000 ATMs from us over the 5 year term of the agreement. Pricing of the ATMs will adjust over the term of the MPA using certain formulas which are based on prevailing market pricing. We recognized $124 million, $145 million and $35 million in revenue related to Bradesco for the years ended December 31, 2013, 2012 and 2011, respectively, and we had $9 million in receivables outstanding from Bradesco as of December 31, 2013 and 2012. | |||||||||||||
Recent Accounting Pronouncements | |||||||||||||
Adopted | |||||||||||||
In February 2013, the Financial Accounting Standards Board (FASB) issued an accounting standards update requiring new disclosures about reclassifications from accumulated other comprehensive loss to net income. These disclosures may be presented on the face of the statements or in the notes to the consolidated financial statements. The standards update is effective for fiscal years beginning after December 15, 2012. We adopted this standards update and included the additional disclosure, as required, beginning with the first quarter of 2013. See Note 15, "Accumulated Other Comprehensive Income (Loss)" for further information. | |||||||||||||
Issued | |||||||||||||
In February 2013, the FASB issued changes to the accounting for obligations resulting from joint and several liability arrangements. These changes require an entity to measure those joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date. The total amount of the obligation is determined as the sum of (i) the amount the reporting entity agreed to pay on the basis of its arrangement with its co-obligors, and (ii) any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance also requires an entity to disclose the nature and amount of the obligation as well as other information about the obligation. Examples of obligations subject to these requirements include debt arrangements, settled litigation and judicial rulings. The amendments are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, with early adoption permitted. The implementation of the amended accounting guidance on January 1, 2014 is not expected to have a material impact on our consolidated financial statements. | |||||||||||||
In March 2013, the FASB issued amendments to address the accounting for the cumulative translation adjustment when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity. The amendments are effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2013, with early adoption permitted. The initial adoption on January 1, 2014 is not expected to have a material impact on our consolidated financial statements. |
Pension_Benefit_Plan_Accountin
Pension Benefit Plan Accounting Methodology Changes | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||
Pension [Abstract] | ' | ||||||||||||||||||||||||
Pension Benefit Plan Accounting Methodology Changes | ' | ||||||||||||||||||||||||
2. PENSION BENEFIT PLAN ACCOUNTING METHODOLOGY CHANGES | |||||||||||||||||||||||||
Effective in the first quarter of 2013, we elected to change our accounting methodology for recognizing costs for all of our company-sponsored U.S. and international pension benefit plans. Previously, net actuarial gains or losses (except those differences not yet reflected in the market-related value) were only amortized to the extent that they exceeded 10% of the higher of the market-related value or the projected benefit obligation of each respective plan. Beginning in 2012, the losses associated with the U.S. qualified pension plan and our largest UK pension plan were amortized over the expected remaining lifetime of plan participants instead of the expected service period of active plan participants, because almost all of the participants were inactive. For our other U.S. and international plans, the gains or losses were amortized over the expected service period of the active plan participants. Further, the expected return on plan assets component of pension expense for our U.S. pension plan was previously determined using the expected rate of return and a calculated value of assets, referred to as the “market-related value.” Differences between the assumed and actual returns were reflected in market-related value on a straight-line basis over a 5-year period. Differences in excess of 10% of the market value were recognized immediately. Similar approaches were employed in determining expense for NCR's international plans. | |||||||||||||||||||||||||
Under our new pension accounting methods, we will recognize changes in the fair value of plan assets and net actuarial gains or losses upon remeasurement, which is at least annually in the fourth quarter of each year. These new accounting methods will result in changes in the fair value of plan assets and net actuarial gains and losses being recognized in expense faster than under our previous amortization method. The remaining components of pension expense, primarily net service cost, interest cost, and the expected return on plan assets, will be recorded on a quarterly basis as ongoing pension expense. While our previous policy of recognizing pension expense was acceptable, we believe that these new policies are preferable as they accelerate the recognition in our operating results of changes in the fair value of plan assets and actuarial gains and losses. | |||||||||||||||||||||||||
These changes have been reported through retrospective application of the new policies to all periods presented. We recorded a cumulative reduction of retained earnings as of December 31, 2010 (the most recent measurement date prior to the change) of $1,297 million related to these changes in accounting methodology. The impact of all adjustments made to the financial statements presented is summarized below (amounts in millions, except per share data): | |||||||||||||||||||||||||
In millions, except per share amounts | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Previous Accounting Method | As Reported | Previously Reported | Adjusted | Previously Reported | Adjusted | ||||||||||||||||||||
Consolidated Statements of Operations: | |||||||||||||||||||||||||
Cost of products | $ | 2,164 | $ | 2,152 | $ | 2,177 | $ | 2,144 | $ | 2,011 | $ | 2,022 | |||||||||||||
Cost of services | 2,403 | 2,231 | 2,208 | 1,941 | 2,098 | 2,318 | |||||||||||||||||||
Selling, general and administrative expenses | 957 | 871 | 894 | 742 | 794 | 890 | |||||||||||||||||||
Research and development expenses | 236 | 203 | 219 | 155 | 176 | 209 | |||||||||||||||||||
Total operating expenses | 5,760 | 5,457 | 5,498 | 4,982 | 5,079 | 5,439 | |||||||||||||||||||
Income (loss) from operations | 363 | 666 | 232 | 748 | 212 | (148 | ) | ||||||||||||||||||
Income (loss) from continuing operations before income taxes | 251 | 554 | 182 | 698 | 196 | (164 | ) | ||||||||||||||||||
Income tax expense (benefit) | 6 | 98 | 42 | 223 | 51 | (66 | ) | ||||||||||||||||||
Income (loss) from continuing operations | 245 | 456 | 140 | 475 | 145 | (98 | ) | ||||||||||||||||||
Net income (loss) | 236 | 447 | 146 | 481 | 52 | (191 | ) | ||||||||||||||||||
Net income (loss) attributable to NCR | $ | 232 | $ | 443 | $ | 146 | $ | 481 | $ | 53 | $ | (190 | ) | ||||||||||||
Amounts attributable to NCR common stockholders: | |||||||||||||||||||||||||
Income (loss) from continuing operations | 241 | 452 | 140 | 475 | 146 | (97 | ) | ||||||||||||||||||
Income (loss) per share attributable to NCR common stockholders: | |||||||||||||||||||||||||
Income (loss) per common share from continuing operations | |||||||||||||||||||||||||
Basic | $ | 1.46 | $ | 2.73 | $ | 0.88 | $ | 2.98 | $ | 0.92 | $ | (0.61 | ) | ||||||||||||
Diluted | $ | 1.42 | $ | 2.67 | $ | 0.85 | $ | 2.9 | $ | 0.91 | $ | (0.61 | ) | ||||||||||||
Net income (loss) per common share | |||||||||||||||||||||||||
Basic | $ | 1.4 | $ | 2.68 | $ | 0.92 | $ | 3.02 | $ | 0.34 | $ | (1.20 | ) | ||||||||||||
Diluted | $ | 1.37 | $ | 2.62 | $ | 0.89 | $ | 2.94 | $ | 0.33 | $ | (1.20 | ) | ||||||||||||
Consolidated Statements of Comprehensive Income: | |||||||||||||||||||||||||
Net income (loss) | $ | 236 | $ | 447 | $ | 146 | $ | 481 | $ | 52 | $ | (191 | ) | ||||||||||||
Employee benefit plans | |||||||||||||||||||||||||
Net gain (loss) arising during the year | 219 | 82 | 91 | — | (425 | ) | 24 | ||||||||||||||||||
Amortization of actuarial loss | 174 | 8 | 255 | 14 | 212 | 17 | |||||||||||||||||||
Less income tax (expense) benefit | (109 | ) | (17 | ) | (148 | ) | 1 | 67 | (20 | ) | |||||||||||||||
Other comprehensive (loss) income | 203 | (8 | ) | 241 | (22 | ) | (155 | ) | 21 | ||||||||||||||||
Total comprehensive income (loss) | 439 | 439 | 387 | 459 | (103 | ) | (170 | ) | |||||||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 442 | $ | 442 | $ | 391 | $ | 463 | $ | (104 | ) | $ | (171 | ) | |||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||
Consolidated Balance Sheets: | Previous Accounting Method | As Reported | Previously Reported | Adjusted | |||||||||||||||||||||
Retained earnings | 2,312 | 1,372 | 2,134 | 929 | |||||||||||||||||||||
Accumulated other comprehensive loss | (978 | ) | (38 | ) | (1,247 | ) | (37 | ) | |||||||||||||||||
Consolidated Statements of Cash Flows: | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Previous Accounting Method | As Reported | Previously Reported | Adjusted | Previously Reported | Adjusted | ||||||||||||||||||||
Net income (loss) | 236 | 447 | 146 | 481 | 52 | (191 | ) | ||||||||||||||||||
Deferred income taxes | (89 | ) | 3 | (37 | ) | 144 | (13 | ) | (130 | ) | |||||||||||||||
Pension and indemnity plans | (94 | ) | (397 | ) | (478 | ) | (994 | ) | 92 | 452 | |||||||||||||||
Supplemental_Financial_Informa
Supplemental Financial Information | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Supplemental Financial Information [Abstract] | ' | ||||||||||||
Supplemental Financial Information | ' | ||||||||||||
3. SUPPLEMENTAL FINANCIAL INFORMATION (in millions) | |||||||||||||
For the years ended December 31 | 2013 | 2012 | 2011 | ||||||||||
Other (expense) income, net | |||||||||||||
Interest income | $ | 6 | $ | 6 | $ | 5 | |||||||
Impairment of an investment (Note 12) | — | (7 | ) | — | |||||||||
Other, net | (15 | ) | (7 | ) | (8 | ) | |||||||
Total other (expense) income, net | $ | (9 | ) | $ | (8 | ) | $ | (3 | ) | ||||
At December 31 | 2013 | 2012 | |||||||||||
Accounts Receivable | |||||||||||||
Trade | $ | 1,318 | $ | 1,056 | |||||||||
Other | 39 | 46 | |||||||||||
Accounts Receivable, gross | 1,357 | 1,102 | |||||||||||
Less: allowance for doubtful accounts | (18 | ) | (16 | ) | |||||||||
Total accounts receivable, net | $ | 1,339 | $ | 1,086 | |||||||||
Inventories | |||||||||||||
Work in process and raw materials | $ | 135 | $ | 187 | |||||||||
Finished goods | 202 | 167 | |||||||||||
Service parts | 453 | 443 | |||||||||||
Total inventories | $ | 790 | $ | 797 | |||||||||
Other current assets | |||||||||||||
Current deferred tax assets | $ | 262 | $ | 223 | |||||||||
Other | 306 | 231 | |||||||||||
Total other current assets | $ | 568 | $ | 454 | |||||||||
Property, plant and equipment | |||||||||||||
Land and improvements | $ | 40 | $ | 42 | |||||||||
Buildings and improvements | 237 | 231 | |||||||||||
Machinery and other equipment | 722 | 636 | |||||||||||
Property, plant and equipment, gross | 999 | 909 | |||||||||||
Less: accumulated depreciation | (647 | ) | (601 | ) | |||||||||
Total property, plant and equipment, net | $ | 352 | $ | 308 | |||||||||
Business_Combinations_and_Dive
Business Combinations and Divestitures | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Business Combinations [Abstract] | ' | |||||||||||
Business Combinations and Divestitures | ' | |||||||||||
4. BUSINESS COMBINATIONS AND DIVESTITURES | ||||||||||||
2013 Acquisitions | ||||||||||||
Following is a brief description of the Company's noteworthy acquisitions completed during the 2013 fiscal year: | ||||||||||||
Acquisition of Retalix Ltd. On February 6, 2013, NCR completed the acquisition of Retalix Ltd. ("Retalix"), for which it paid an aggregate cash purchase price of $791 million which includes $3 million to be recognized as compensation expense within selling, general and administrative expenses over a period of approximately three years from the acquisition date. The purchase price was paid from the net proceeds of the December 2012 offer and sale of NCR's 4.625% senior unsecured notes and borrowings under NCR's senior secured credit facility. As a result of the acquisition, Retalix became an indirect wholly owned subsidiary of NCR. Retalix is a leading global provider of innovative retail software. The acquisition is consistent with NCR's continued transformation to a hardware-enabled, software-driven business. Retalix's strength with blue-chip retailers is highly complementary and provides additional sales opportunities across the combined installed base. | ||||||||||||
Recording of Assets Acquired and Liabilities Assumed | ||||||||||||
The fair value of consideration transferred to acquire Retalix was allocated to the identifiable assets acquired and liabilities assumed based upon their estimated fair market values as of the date of the acquisition as set forth below. This allocation is final as of December 31, 2013. | ||||||||||||
The allocation of the purchase price for Retalix is as follows: | ||||||||||||
In millions | Fair Value | |||||||||||
Cash and cash equivalents | $ | 127 | ||||||||||
Accounts receivable | 107 | |||||||||||
Other tangible assets | 56 | |||||||||||
Acquired goodwill | 461 | |||||||||||
Acquired intangible assets other than goodwill | 205 | |||||||||||
Deferred tax liabilities | (52 | ) | ||||||||||
Liabilities assumed | (116 | ) | ||||||||||
Total purchase consideration | $ | 788 | ||||||||||
Goodwill represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the acquisition consists of the margin and cost synergies expected from combining the operations of NCR and Retalix. It is expected that approximately $35 million of the goodwill recognized in connection with the acquisition will be deductible for tax purposes. The goodwill arising from the acquisition has been allocated to the Retail Solutions segment. Refer to Note 5, "Goodwill and Other Long-Lived Assets" for the carrying amounts of goodwill by segment as of December 31, 2013. | ||||||||||||
The intangible assets acquired in the acquisition include the following: | ||||||||||||
Estimated | Weighted Average Amortization Period(1) | |||||||||||
Fair Value | ||||||||||||
(In millions) | (years) | |||||||||||
Direct customer relationships | $ | 121 | 20 | |||||||||
Technology - Software | 74 | 5 | ||||||||||
Trademarks | 10 | 6 | ||||||||||
Total acquired intangible assets | $ | 205 | 14 | |||||||||
-1 | Determination of the weighted average amortization period of the individual categories of intangible assets was based on the nature of the applicable intangible asset and the expected future cash flows to be derived from the intangible asset. Amortization of intangible assets with definite lives is recognized over the period of time the assets are expected to contribute to future cash flows. | |||||||||||
The Company incurred a total of $9 million of transaction expenses to date relating to the acquisition, of which $6 million and $3 million are included in selling, general and administrative expenses in the Company's Consolidated Statement of Operations for the years ended December 31, 2013 and 2012, respectively. See Note 13, "Segment Information and Concentrations" for additional information regarding revenues and operating income related to Retalix for the year ended December 31, 2013. | ||||||||||||
Unaudited Pro forma Information | ||||||||||||
The following unaudited pro forma information presents the consolidated results of NCR and Retalix for the years ended December 31, 2013 and 2012. The unaudited pro forma information is presented for illustrative purposes only. It is not necessarily indicative of the results of operations of future periods, or the results of operations that actually would have been realized had the entities been a single company during the periods presented or the results that the combined company will experience after the acquisition. The unaudited pro forma information does not give effect to the potential impact of current financial conditions, regulatory matters or any anticipated synergies, operating efficiencies or cost savings that may be associated with the acquisition. The unaudited pro forma information also does not include any integration costs or remaining future transaction costs that the companies may incur related to the acquisition as part of combining the operations of the companies. | ||||||||||||
The unaudited pro forma consolidated results of operations, assuming the acquisition had occurred on January 1, 2012, are as follows: | ||||||||||||
For the year ended December 31 | ||||||||||||
In millions | 2013 | 2012 | ||||||||||
Revenue | $ | 6,156 | $ | 5,992 | ||||||||
Net income attributable to NCR | $ | 447 | $ | 443 | ||||||||
The unaudited pro forma results for the year ended December 31, 2013 include: | ||||||||||||
• | $13 million in additional revenue associated with deferred revenue acquired, assuming the deferred revenue was acquired on January 1, 2012, | |||||||||||
• | $2 million, net of tax, in additional amortization expense for acquired intangible assets and | |||||||||||
• | $5 million, net of tax, in eliminated transaction costs as if those costs had been recognized in the prior-year period. | |||||||||||
The unaudited pro forma results for the year ended December 31, 2012 include: | ||||||||||||
• | $16 million in reduced revenue associated with deferred revenue acquired, | |||||||||||
• | $15 million, net of tax, in additional amortization expense for acquired intangible assets, | |||||||||||
• | $20 million, net of tax, in interest expense from the 4.625% senior unsecured notes and senior secured credit facility, and | |||||||||||
• | $5 million, net of tax, in transaction costs. | |||||||||||
Acquisition of Alaric Systems Limited On December 2, 2013, the Company acquired all of the outstanding share capital of Alaric Systems Limited ("Alaric Systems") in exchange for approximately $84 million, plus related acquisition costs. Alaric Systems is a provider of secure transaction switching and fraud prevention software. Goodwill recognized related to this acquisition was $55 million, of which it is expected that zero will be deductible for tax purposes. The goodwill and their results from the date of acquisition has been reported within our Financial Services segment. As a result of the Alaric Systems acquisition, NCR recorded $37 million related to identifiable intangible assets consisting primarily of proprietary technology and customer relationships, which have a weighted-average amortization period of 8 years. 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 Consolidated Statements of Operations. | ||||||||||||
Other Acquisitions During the year ended December 31, 2013, the Company completed five additional acquisitions for aggregate purchase consideration of approximately $38 million, plus related acquisition costs. Approximately $6 million was withheld by the Company as a source of recovery for possible claims under the related acquisition agreements and will be paid to the respective sellers pursuant to the terms of such agreements. Goodwill recognized related to these acquisitions was $23 million, of which it is expected that $19 million will be deductible for tax purposes. The goodwill arising from these acquisitions has been allocated to the Hospitality segment. As a result of these five additional acquisitions, NCR recorded $14 million related to identifiable intangible assets consisting primarily of customer relationships, which have a weighted-average amortization period of 3 years. Supplemental pro forma information and actual revenue and earnings since the acquisition dates have not been provided as these acquisitions did not have a material impact, individually or in the aggregate, on the Company's Consolidated Statements of Operations. | ||||||||||||
2012 Acquisitions | ||||||||||||
Following is a brief description of the Company's noteworthy acquisitions completed during the 2012 fiscal year: | ||||||||||||
Acquisition of POS and RDS On February 7, 2012, the Company acquired all of the outstanding capital stock of POS Integrated Solutions Do Brasil Comercio E Servicos De Informatica S.A. ("POS") and RDS South America Comercio E Servicos De Informatica S.A. ("RDS") for aggregate purchase consideration of approximately $1 million, plus related acquisition costs. POS and RDS were resellers of certain of the Company's hardware and software, and their results have been reported within our Hospitality segment since the date of the acquisitions. | ||||||||||||
Acquisition of Wyse Sistemas de Informatica Ltda. On May 31, 2012, the Company acquired all of the outstanding units of membership interest of Wyse Sistemas de Informatica Ltda. ("Wyse") for aggregate purchase consideration of approximately $13 million, plus related acquisition costs. Wyse was a developer and provider of point of sale software specifically designed for the hospitality market in Brazil, and their results have been reported within our Hospitality segment since the date of the acquisition. | ||||||||||||
Hospitality Reseller Acquisitions During 2012, the Company acquired the assets of six of its domestic Hospitality resellers in separate transactions for aggregate purchase consideration of approximately $28 million, plus related acquisition costs. | ||||||||||||
Acquisition of Transoft, Inc. On September 7, 2012, the Company acquired substantially all of the assets of Transoft, Inc. for aggregate purchase consideration of approximately $40 million, plus related acquisition costs, of which the Company will recognize $7 million as compensation expense included within selling, general and administrative expenses over a period of two years from the acquisition date. Transoft, Inc. was a global leader in cash management software for financial institutions, and their results have been reported within our Financial Services segment since the date of the acquisition. | ||||||||||||
Acquisition of uGenius Technology, Inc. On, December 31, 2012, the Company acquired substantially all of the assets of uGenius Technology, Inc. (uGenius) for aggregate purchase consideration of approximately $37 million, including the settlement of NCR's pre-existing 8.7% equity investment in uGenius Technology, LLC, plus related acquisition costs. uGenius was a provider of video banking solutions, and their results have been reported within our Financial Services segment since the date of the acquisition. | ||||||||||||
Approximately $11 million of the aggregate purchase consideration was withheld by the Company as a source of recovery for possible claims under the acquisition agreements for the 2012 acquisitions noted above, and will be paid to the respective sellers pursuant to the terms of such agreements. As a result of the above noted 2012 acquisitions, NCR recorded $34 million related to identifiable intangible assets consisting primarily of proprietary technology and customer relationships, which have a weighted-average amortization period of 7 years. | ||||||||||||
The operating results of the businesses acquired in 2012 have been included within NCR’s results as of the closing date of each acquisition. Supplemental pro forma information and actual revenue and earnings since the acquisition dates have not been provided as these acquisitions did not have a material impact, individually or in the aggregate, on the Company's Consolidated Statements of Operations. The purchase price of these businesses, reported in business acquisitions, net of cash acquired within investing activities in the Consolidated Statements of Cash Flows, has been allocated based on the estimated fair value of net tangible and intangible assets acquired, with any excess recorded as goodwill. Goodwill recognized in the Company's 2012 acquisitions was $85 million, of which it is expected that $55 million of the goodwill will be deductible for tax purposes. | ||||||||||||
2011 Acquisitions | ||||||||||||
Following is a brief description of the Company's noteworthy acquisitions completed during the 2011 fiscal year: | ||||||||||||
Acquisition of Radiant Systems, Inc. On August 24, 2011, NCR completed the acquisition of Radiant Systems, Inc. (Radiant). The acquisition was completed through a tender offer and subsequent merger, with Radiant becoming a wholly-owned subsidiary of NCR. The total equity purchase price was approximately $1.2 billion. | ||||||||||||
Radiant was a leading provider of technology solutions for managing site operations in the hospitality and specialty retail industries, and is operated within NCR as a part of NCR's Hospitality line of business. | ||||||||||||
Recording of Assets Acquired and Liabilities Assumed | ||||||||||||
The fair value of consideration transferred to acquire Radiant was allocated to the identifiable assets acquired and liabilities assumed based upon their fair values as of the date of the acquisition as set forth below. This allocation is final as of December 31, 2011. | ||||||||||||
In millions | ||||||||||||
Purchase Consideration | Net Tangible Assets Acquired/(Liabilities Assumed) | Purchased Intangible Assets | Goodwill | |||||||||
$ | 1,206 | $ | 78 | $ | 319 | $ | 809 | |||||
The goodwill arising from the acquisition consists of the revenue and cost synergies expected from combining the operations of NCR and Radiant. It is expected that approximately $73 million of the goodwill recognized in connection with the acquisition will be deductible for tax purposes. The goodwill arising from the acquisition has been allocated as follows: approximately $624 million to the Hospitality segment; $86 million to the Financial Services segment; and $99 million to the Retail Solutions segment. | ||||||||||||
See Note 5, "Goodwill and Other Long-Lived Assets" for additional information related to the carrying amounts of goodwill by segment. | ||||||||||||
The intangible assets acquired include the following: | ||||||||||||
Estimated | Weighted Average Amortization Period(1) | |||||||||||
Fair Value | ||||||||||||
(In millions) | (years) | |||||||||||
Reseller Network | 88 | 13 | ||||||||||
Technology - Software and Hardware | 106 | 6 | ||||||||||
Trademarks | 48 | 9 | ||||||||||
Direct customer relationships | 74 | 15 | ||||||||||
Noncompete agreements | 2 | 2 | ||||||||||
Internally developed software | 1 | 2 | ||||||||||
Total acquired intangible assets | $ | 319 | ||||||||||
(1) | Determination of the weighted average amortization period of the individual categories of intangible assets was based on the nature of the applicable intangible asset and the expected future cash flows to be derived from the intangible asset. Amortization of intangible assets with definite lives is recognized over the period of time the assets are expected to contribute to future cash flows. | |||||||||||
The Company incurred a total of $30 million of transaction expenses relating to the acquisition, which are included in selling, general and administrative expenses in the results of operations for the year ended December 31, 2011. See Note 13, "Segment Information and Concentrations" for additional information regarding revenues and operating income related to Radiant for the year ended December 31, 2011. | ||||||||||||
Unaudited Pro forma Information | ||||||||||||
The following unaudited pro forma information presents the consolidated results of NCR and Radiant for the year ended December 31, 2011. The unaudited pro forma information is presented for illustrative purposes only. It is not necessarily indicative of the results of operations of future periods, or the results of operations that actually would have been realized had the entities been a single company during the periods presented or the results that the combined company will experience after the acquisition. The unaudited pro forma information does not give effect to the potential impact of current financial conditions, regulatory matters or any anticipated synergies, operating efficiencies or cost savings that may be associated with the acquisition. The unaudited pro forma information also does not include any integration costs or remaining future transaction costs that the companies may incur related to the acquisition as part of combining the operations of the companies. | ||||||||||||
The unaudited pro forma consolidated results of operations, assuming the acquisition had occurred on January 1, 2010, are as follows: | ||||||||||||
In millions | Year ended December 31, 2011 | |||||||||||
Revenue | $ | 5,538 | ||||||||||
Net income attributable to NCR | $ | (179 | ) | |||||||||
The unaudited pro forma results for the year ended December 31, 2011 include: | ||||||||||||
• | $25 million, net of tax, in additional amortization expense for acquired intangible assets, | |||||||||||
• | $37 million, net of tax, in eliminated transaction costs as if those costs had been recognized in the prior-year period, | |||||||||||
• | $10 million, net of tax, in additional interest expense from the senior secured credit facility, and | |||||||||||
• | $7 million, net of tax, in eliminated accelerated vesting of stock options and restricted stock unit compensation expense directly attributable to the acquisition. | |||||||||||
Divestitures | ||||||||||||
On February 3, 2012, NCR entered into an Asset Purchase Agreement (the “Agreement”) with Redbox Automated Retail, LLC (“Purchaser”) pursuant to which NCR agreed to sell certain assets of its Entertainment business (the "Entertainment Business"), including, but not limited to, substantially all of NCR's DVD kiosks, certain retailer contracts, select DVD inventory and certain intellectual property to Purchaser (the “Transaction”). Pursuant to the terms of the Agreement, as amended on June 22, 2012, and upon the terms and conditions thereof, on June 22, 2012, NCR completed the disposition of the assets of its Entertainment Business to Purchaser for cash consideration of $100 million. As of the date of the sale, total assets sold of $67 million included $51 million of property, plant and equipment, $15 million of inventory, and $1 million of intangible assets. | ||||||||||||
NCR agreed to provide Purchaser with certain short-term support services following the closing under a transition services agreement. The Agreement also contemplates that, for a period of five years following the closing, Purchaser and its affiliates may procure certain hardware, software and services from NCR under a manufacturing and services agreement. If, at the end of such five-year period, Purchaser and its affiliates have not procured hardware, software and services that have yielded $25 million in margin to NCR, Purchaser will pay the difference to NCR. | ||||||||||||
We determined that the cash inflows under the transition services agreement and the manufacturing and services agreement will not constitute significant continuing involvement with the operations of the Entertainment Business after the sale. In addition, the ongoing cash inflows related to the Entertainment Business under the manufacturing and services agreement are substantially unrelated to the business sold. Therefore, we have reclassified the operating results of the Entertainment Business, for all historical periods, to income (loss) from discontinued operations, net of tax in the accompanying Consolidated Statements of Operations. During the year ended December 31, 2011, we determined that disposal of the Entertainment business was probable, and we assessed the assets of the business for impairment, which resulted in charges which reduced the carrying values of goodwill, long-lived assets and certain inventories by an aggregate amount of $88 million. | ||||||||||||
The following table includes the results of the Entertainment Business, which we historically included in our Entertainment segment: | ||||||||||||
In millions | For the year ended December 31 | |||||||||||
2012 | 2011 | |||||||||||
Revenue | $ | 62 | $ | 152 | ||||||||
Operating expenses | 101 | 299 | ||||||||||
Loss from operations | (39 | ) | (147 | ) | ||||||||
Gain from divestiture of the business | 33 | — | ||||||||||
Loss before income taxes | (6 | ) | (147 | ) | ||||||||
Income tax benefit | (2 | ) | (51 | ) | ||||||||
Loss from discontinued operations, net of tax | $ | (4 | ) | $ | (96 | ) |
Goodwill_and_Other_LongLived_A
Goodwill and Other Long-Lived Assets | 12 Months Ended | |||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | |||||||||||||||||||||||||||||||||||
Goodwill and Other Long-Lived Assets | ' | |||||||||||||||||||||||||||||||||||
5. GOODWILL AND OTHER LONG-LIVED ASSETS | ||||||||||||||||||||||||||||||||||||
Goodwill | ||||||||||||||||||||||||||||||||||||
The carrying amounts of goodwill by segment as of December 31, 2013 and 2012 are included in the table below. Foreign currency fluctuations are included within other adjustments. | ||||||||||||||||||||||||||||||||||||
1-Jan-13 | 31-Dec-13 | |||||||||||||||||||||||||||||||||||
In millions | Goodwill | Accumulated Impairment Losses | Total | Additions | Impairment | Other | Goodwill | Accumulated Impairment Losses | Total | |||||||||||||||||||||||||||
Financial Services | $ | 202 | $ | — | $ | 202 | $ | 55 | $ | — | $ | (2 | ) | $ | 255 | $ | — | $ | 255 | |||||||||||||||||
Retail Solutions | 120 | (3 | ) | 117 | 461 | — | — | 581 | (3 | ) | 578 | |||||||||||||||||||||||||
Hospitality | 659 | — | 659 | 23 | — | (6 | ) | 676 | — | 676 | ||||||||||||||||||||||||||
Entertainment | 5 | (5 | ) | — | — | — | — | 5 | (5 | ) | — | |||||||||||||||||||||||||
Emerging Industries | 25 | — | 25 | — | — | — | 25 | — | 25 | |||||||||||||||||||||||||||
Total | $ | 1,011 | $ | (8 | ) | $ | 1,003 | $ | 539 | $ | — | $ | (8 | ) | $ | 1,542 | $ | (8 | ) | $ | 1,534 | |||||||||||||||
1-Jan-12 | 31-Dec-12 | |||||||||||||||||||||||||||||||||||
In millions | Goodwill | Accumulated Impairment Losses | Total | Additions | Impairment | Other | Goodwill | Accumulated Impairment Losses | Total | |||||||||||||||||||||||||||
Financial Services | $ | 152 | $ | — | $ | 152 | $ | 50 | $ | — | $ | — | $ | 202 | $ | — | $ | 202 | ||||||||||||||||||
Retail Solutions | 120 | (3 | ) | 117 | — | — | — | 120 | (3 | ) | 117 | |||||||||||||||||||||||||
Hospitality | 619 | — | 619 | 35 | — | 5 | 659 | — | 659 | |||||||||||||||||||||||||||
Entertainment | 5 | (5 | ) | — | — | — | — | 5 | (5 | ) | — | |||||||||||||||||||||||||
Emerging Industries | 25 | — | 25 | — | — | — | 25 | — | 25 | |||||||||||||||||||||||||||
Total | $ | 921 | $ | (8 | ) | $ | 913 | $ | 85 | $ | — | $ | 5 | $ | 1,011 | $ | (8 | ) | $ | 1,003 | ||||||||||||||||
Long-Lived Assets | ||||||||||||||||||||||||||||||||||||
NCR’s identifiable intangible assets, reported in other assets in the 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 follows. The increase in the gross carrying amount is primarily due to the acquisitions detailed in Note 4, "Business Combinations and Divestitures." | ||||||||||||||||||||||||||||||||||||
Amortization Period | 31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||||
In millions | (in Years) | Gross Carrying Amount | Accumulated Amortization | Gross Carrying Amount | Accumulated Amortization | |||||||||||||||||||||||||||||||
Identifiable intangible assets | ||||||||||||||||||||||||||||||||||||
Reseller & customer relationships | 20-Jan | $ | 328 | $ | (37 | ) | $ | 179 | $ | (17 | ) | |||||||||||||||||||||||||
Intellectual property | 7-Feb | 275 | (118 | ) | 180 | (80 | ) | |||||||||||||||||||||||||||||
Tradenames | 10-Feb | 61 | (15 | ) | 49 | (8 | ) | |||||||||||||||||||||||||||||
Non-compete arrangements | 5-Feb | 8 | (8 | ) | 8 | (7 | ) | |||||||||||||||||||||||||||||
Total identifiable intangible assets | $ | 672 | $ | (178 | ) | $ | 416 | $ | (112 | ) | ||||||||||||||||||||||||||
The aggregate amortization expense (actual and estimated) for identifiable intangible assets for the following periods is: | ||||||||||||||||||||||||||||||||||||
31-Dec-13 | For the years ended December 31 (estimated) | |||||||||||||||||||||||||||||||||||
In millions | 2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||||||||||||||||||||
Amortization expense | $ | 66 | $ | 73 | $ | 73 | $ | 67 | $ | 58 | $ | 41 | ||||||||||||||||||||||||
Debt_Obligations
Debt Obligations | 12 Months Ended | ||||||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ||||||||||||||||||||||||||||
Debt Obligations | ' | ||||||||||||||||||||||||||||
6. DEBT OBLIGATIONS | |||||||||||||||||||||||||||||
Short-Term Borrowings | |||||||||||||||||||||||||||||
The following table summarizes the Company's short-term borrowings: | |||||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||
In millions, except percentages | Amount | Weighted-Average Interest Rate | Amount | Weighted-Average Interest Rate | |||||||||||||||||||||||||
Current portion of Senior Secured Credit Facility (1) | $ | 28 | 2.55% | $ | 70 | 3.06% | |||||||||||||||||||||||
Other (2) | 6 | 7.11% | 2 | 3.22% | |||||||||||||||||||||||||
Total short-term borrowings | $ | 34 | $ | 72 | |||||||||||||||||||||||||
Long-Term Debt | |||||||||||||||||||||||||||||
The following table summarizes the Company's long-term debt: | |||||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||
In millions, except percentages | Amount | Weighted-Average Interest Rate | Amount | Weighted-Average Interest Rate | |||||||||||||||||||||||||
Senior Secured Credit Facility: | |||||||||||||||||||||||||||||
Term loan facility due 2018 (1) | $ | 1,087 | 2.55% | $ | 780 | 3.06% | |||||||||||||||||||||||
Revolving credit facility due 2018 | — | — | |||||||||||||||||||||||||||
Senior notes: | |||||||||||||||||||||||||||||
5.00% Senior Notes due 2022 | 600 | 600 | |||||||||||||||||||||||||||
4.625% Senior Notes due 2021 | 500 | 500 | |||||||||||||||||||||||||||
5.875% Senior Notes due 2021 | 400 | — | |||||||||||||||||||||||||||
6.375% Senior Notes due 2023 | 700 | — | |||||||||||||||||||||||||||
Other (2) | 33 | 7.21% | 11 | 6.13% | |||||||||||||||||||||||||
Total long-term debt | $ | 3,320 | $ | 1,891 | |||||||||||||||||||||||||
(1) | Interest rates are weighted average interest rates as of December 31, 2013 and 2012 related to the Senior Secured Credit Facility, which incorporates the impact of the interest rate swap. Refer to Note 11, "Derivatives and Hedging Instruments," for additional details. | ||||||||||||||||||||||||||||
(2) | Interest rates are weighted average interest rates as of December 31, 2013 and 2012 primarily related to various international credit facilities and a note payable in the U.S. | ||||||||||||||||||||||||||||
Senior Secured Credit Facility In August 2011, the Company entered into a senior secured credit facility with JPMorgan Chase Bank, NA (JPMCB), as administrative agent, and a syndicate of lenders. On July 25, 2013, the Company amended and restated the senior secured credit facility, and refinanced its term loan facility and revolving credit facility thereunder. On December 4, 2013, in connection with the then pending acquisition of Digital Insight, the senior secured credit facility was further amended (as amended, the Senior Secured Credit Facility). As of December 31, 2013, the Senior Secured Credit Facility consisted of a term loan facility in an aggregate principal amount of $1.12 billion, and a revolving credit facility in an aggregate principal amount of $850 million. The revolving credit facility also allows a portion of the availability to be used for outstanding letters of credit, and as of December 31, 2013, outstanding letters of credit totaled approximately $22 million. | |||||||||||||||||||||||||||||
On December 4, 2013, in connection with the amendment of the Senior Secured Credit Facility, the Company entered into an Incremental Facility Agreement with and among the lenders party thereto and JPMCB, as administrative agent. The Incremental Facility Agreement created an additional $250 million of term loan commitments, which were drawn, along with $300 million from the revolving credit facility, on January 10, 2014 in connection with the completion of the acquisition of Digital Insight. Refer to Note 18, "Subsequent Events" for further details. | |||||||||||||||||||||||||||||
The outstanding principal balance of the term loan facility is required to be repaid in equal quarterly installments in annual amounts. As of December 31, 2013, the repayment schedule required quarterly installments of approximately $14 million beginning September 30, 2014, approximately $21 million beginning September 30, 2015, and approximately $28 million beginning September 30, 2016, with the balance being due at maturity on July 25, 2018. Borrowings under the revolving portion of the credit facility are due July 25, 2018. Amounts outstanding under the Senior Secured Credit Facility bear interest, at the Company's option, at a base rate equal to the highest of (i) the federal funds rate plus 0.50%, (ii) the administrative agent's “prime rate” and (iii) the one-month LIBOR rate plus 1.00% (the Base Rate) or LIBOR, plus a margin ranging from 0.25% to 1.25% for Base Rate-based loans that are either term loans or revolving loans and ranging from 1.25% to 2.25% for LIBOR-based loans that are either term loans or revolving loans, 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. | |||||||||||||||||||||||||||||
The Company's obligations under the Senior Secured Credit Facility are guaranteed by certain of its 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 financial covenants that require us 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 June 30, 2014, 4.85 to 1.00, (ii) in the case of any fiscal quarter ending after June 30, 2014 and on or prior to December 31, 2014, (a) the sum of (x) 4.50 and (y) an amount (not to exceed 0.25) to reflect new debt used to reduce NCR's underfunded pension liabilities, to (b) 1.00, (iii) in the case of any fiscal quarter ending after December 31, 2014 and on or prior to December 31, 2016, (a) the sum of (x) 4.25 and (y) an amount (not to exceed 0.50) to reflect new debt used to reduce NCR's underfunded pension liabilities, to (b) 1.00, (iv) in the case of any fiscal quarter ending after December 31, 2016 and on or prior to December 31, 2017, 4.00 to 1.00, and (v) in the case of any fiscal quarter ending after December 31, 2017, 3.75 to 1.00; and | ||||||||||||||||||||||||||||
• | an interest coverage ratio on the last day of any fiscal quarter to be less than (i) in the case of any fiscal quarter ending on or prior to December 31, 2014, 3.00 to 1.00, and (ii) in the case of any fiscal quarter ending after December 31, 2014, 3.50 to 1.00. | ||||||||||||||||||||||||||||
The Senior Secured Credit Facility also contains 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. | |||||||||||||||||||||||||||||
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 loan 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 (a) prior to the date that the Company obtains an investment grade rating 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 2.50 to 1.00, and (b) on and after the date that the Company obtains an investment grade rating 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 a ratio that is 0.50 less than the leverage ratio then applicable under the financial covenants of the Senior Secured Credit Facility, 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) and on December 18, 2012, the Company issued $500 million aggregate principal amount of 4.625% senior unsecured notes due in 2021 (the 4.625% Notes). On December 19, 2013, the Company, through its newly formed wholly owned subsidiary, NCR Escrow Corp., issued $400 million aggregate principal amount of 5.875% senior unsecured notes due in 2021 (the 5.875% Notes) and $700 million aggregate principal amount of 6.375% senior unsecured notes due in 2023 (the 6.375% Notes). The aggregate principal amount from the 5.875% and 6.375% Notes was initially deposited into a segregated escrow account of NCR Escrow Corp., and was held in that escrow account at December 31, 2013 to be used solely for the pending acquisition of Digital Insight Corporation. The aggregate principal amount plus accrued interest funded to the escrow account have therefore been classified as restricted cash in the Consolidated Balance Sheet as of December 31, 2013. Refer to Note 18, "Subsequent Events" for additional details. | |||||||||||||||||||||||||||||
The senior unsecured notes are guaranteed, fully and unconditionally, on an unsecured senior basis, by our subsidiary, NCR International, Inc. Effective, December 31, 2013, Radiant Systems, Inc., formerly a guarantor subsidiary of certain of the senior unsecured notes and, in such capacity, a party to the registration rights agreements described below, was merged with and into the Company with the Company continuing as the surviving corporation. | |||||||||||||||||||||||||||||
The Company has the option to redeem the 5.00% Notes, in whole or in part, at any time on or after July 15, 2017, at a redemption price of 102.5%, 101.667%, 100.833% and 100% during the 12-month periods commencing on July 15, 2017, 2018, 2019 and 2020 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to July 15, 2017, the Company may redeem the 5.00% Notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to the redemption date. Prior to July 15, 2015, the Company may redeem the 5.00% Notes in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the notes originally issued at a redemption price of 105% plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more qualified equity offerings under certain further requirements. | |||||||||||||||||||||||||||||
The Company has the option to redeem the 4.625% Notes, in whole or in part, at any time on or after February 15, 2017, at a redemption price of 102.313%, 101.156% and 100% during the 12-month periods commencing on February15, 2017, 2018 and 2019 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to February 15, 2017, the Company may redeem the 4.625% Notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to the redemption date. Prior to February 15, 2016, the Company may redeem the 4.625% Notes in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the notes originally issued at a redemption price of 104.625% plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more qualified equity offerings under certain further requirements. | |||||||||||||||||||||||||||||
The Company has the option to redeem the 5.875% Notes, in whole or in part, at any time on or after December 15, 2017, at a redemption price of 102.938%, 101.469% and 100% during the 12-month periods commencing on December15, 2017, 2018 and 2019 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to December 15, 2017, the Company may redeem the 5.875% Notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to the redemption date. Prior to December 15, 2016, the Company may redeem the 5.875% Notes in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the notes originally issued at a redemption price of 105.875% plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more qualified equity offerings under certain further requirements. | |||||||||||||||||||||||||||||
The Company has the option to redeem the 6.375% Notes, in whole or in part, at any time on or after December 15, 2018, at a redemption price of 103.188%, 102.125%, 101.063% and 100% during the 12-month periods commencing on December15, 2018, 2019, 2020 and 2021 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to December 15, 2018, the Company may redeem the 6.375% Notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to the redemption date. Prior to December 15, 2016, the Company may redeem the 6.375% Notes in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the notes originally issued at a redemption price of 106.375% plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more qualified equity offerings under certain further requirements. | |||||||||||||||||||||||||||||
The terms of the indentures for these senior unsecured 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 assets. These covenants are subject to significant exceptions and qualifications. For example, if the senior unsecured 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. | |||||||||||||||||||||||||||||
In connection with the issuances of the 5.875% and 6.375% Notes, the Company entered into registration rights agreements with J.P. Morgan Securities LLC as representative of the initial purchasers of the applicable notes, and NCR International, Inc. and Radiant Systems, Inc. in their capacities as future subsidiary guarantors. Each registration rights agreement requires the Company and the subsidiary guarantors, at their cost, to among other things: | |||||||||||||||||||||||||||||
• | use their commercially reasonable efforts to file a registration statement on an appropriate registration form with respect to a registered offer to exchange the notes for new notes that are guaranteed by the guarantors with terms substantially identical in all material respects to the notes (except that the exchange notes will not contain terms with respect to transfer restrictions or any increase in annual interest rate); | ||||||||||||||||||||||||||||
• | use their commercially reasonable efforts to cause the registration statement to become effective under the Securities Act of 1933, as amended; and | ||||||||||||||||||||||||||||
• | promptly after the applicable registration statement is effective, commence an exchange offer. | ||||||||||||||||||||||||||||
In addition, under certain circumstances, the Company and the subsidiary guarantors may be required to file shelf registration statements to cover sales of the notes by their holders. | |||||||||||||||||||||||||||||
If the Company and the subsidiary guarantors do not comply with their registration statement and exchange offer obligations under a registration rights agreement, then additional interest shall accrue on the principal amount of the notes that are registrable securities (as defined in each registration rights agreement) at a rate of 0.25% per annum for the first 90-day period beginning on the day immediately following such registration default (which rate will be increased by an additional 0.25% per annum for each subsequent 90-day period that such additional interest continues to accrue, provided that the rate at which such additional interest accrues may in no event exceed 1.00% per annum). | |||||||||||||||||||||||||||||
Debt Maturities Maturities of long-term debt outstanding, in principal amounts, at December 31, 2013 are summarized below: | |||||||||||||||||||||||||||||
For the years ended December 31 | |||||||||||||||||||||||||||||
In millions | Total | 2014 | 2015 | 2016 | 2017 | 2018 | Thereafter | ||||||||||||||||||||||
Debt maturities | $ | 3,354 | $ | 34 | $ | 76 | $ | 104 | $ | 118 | $ | 814 | $ | 2,208 | |||||||||||||||
Fair Value of Debt | |||||||||||||||||||||||||||||
The fair value of debt is based on a discounted cash flow model that incorporates a market yield curve based on the Company’s credit rating with adjustments for duration. As of December 31, 2013 and 2012, the fair value of debt was $3.33 billion and $1.97 billion, respectively, and has been measured using significant other observable inputs (Level 2). |
Income_Taxes
Income Taxes | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Income Taxes | ' | ||||||||||||
7. INCOME TAXES | |||||||||||||
For the years ended December 31, income (loss) from continuing operations before income taxes consisted of the following: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Income (loss) before income taxes | |||||||||||||
United States | $ | 29 | $ | 280 | $ | (418 | ) | ||||||
Foreign | 525 | 418 | 254 | ||||||||||
Total income (loss) from continuing operations before income taxes | $ | 554 | $ | 698 | $ | (164 | ) | ||||||
For the years ended December 31, income tax expense (benefit) consisted of the following: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Income tax expense (benefit) | |||||||||||||
Current | |||||||||||||
Federal | $ | (13 | ) | $ | 6 | $ | 2 | ||||||
State | 3 | — | 1 | ||||||||||
Foreign | 105 | 73 | 61 | ||||||||||
Deferred | |||||||||||||
Federal | 19 | 155 | (128 | ) | |||||||||
State | (4 | ) | 1 | (3 | ) | ||||||||
Foreign | (12 | ) | (12 | ) | 1 | ||||||||
Total income tax expense (benefit) | $ | 98 | $ | 223 | $ | (66 | ) | ||||||
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 | 2013 | 2012 | 2011 | ||||||||||
Income tax expense (benefit) at the U.S. federal tax rate of 35% | $ | 194 | $ | 245 | $ | (58 | ) | ||||||
Foreign income tax differential | (86 | ) | (50 | ) | (8 | ) | |||||||
U.S. permanent book/tax differences | 3 | (3 | ) | 3 | |||||||||
Tax audit settlements | — | (12 | ) | (12 | ) | ||||||||
Change in liability for unrecognized tax benefits | 29 | 12 | 2 | ||||||||||
Nondeductible transaction costs | 1 | 1 | 4 | ||||||||||
U.S. valuation allowance | — | 17 | 5 | ||||||||||
Valuation allowance releases | (25 | ) | — | — | |||||||||
Tax extenders legislation | (16 | ) | 14 | — | |||||||||
Other, net | (2 | ) | (1 | ) | (2 | ) | |||||||
Total income tax expense (benefit) | $ | 98 | $ | 223 | $ | (66 | ) | ||||||
NCR's tax provisions include a provision for income taxes in certain tax jurisdictions where its subsidiaries are profitable, but reflect only a portion of the tax benefits related to certain foreign subsidiaries' tax losses due to the uncertainty of the ultimate realization of future benefits from these losses. During 2013, we recorded a one-time benefit of approximately $16 million in connection with the American Taxpayer Relief Act of 2012 that was signed into law in January 2013 and the related retroactive tax relief for certain law provisions that expired in 2012. The 2013 tax provision was also favorably impacted by the release of a $10 million valuation allowance due to the implementation of a tax planning strategy to access certain deferred tax assets, a $15 million reduction in a valuation allowance related to a subsidiary in Japan, and a favorable mix of earnings by country, primarily related to lower pension benefit. During 2012, we favorably settled examinations with Canada for the 2003 tax year and Japan for tax years 2001 through 2006 that resulted in tax benefits of $14 million and $13 million, respectively. In addition, the 2012 tax provision was favorably impacted by the mix of earnings by country. These benefits were partially offset by an increase of $17 million to the U.S. valuation allowance. During 2011, we favorably settled examinations with Canada for 1997 through 2001 that resulted in a $12 million tax benefit. | |||||||||||||
Deferred income tax assets and liabilities included in the Consolidated Balance Sheets as of December 31 were as follows: | |||||||||||||
In millions | 2013 | 2012 | |||||||||||
Deferred income tax assets | |||||||||||||
Employee pensions and other benefits | $ | 119 | $ | 322 | |||||||||
Other balance sheet reserves and allowances | 170 | 140 | |||||||||||
Tax loss and credit carryforwards | 719 | 628 | |||||||||||
Capitalized research and development | 101 | 86 | |||||||||||
Property, plant and equipment | 7 | 8 | |||||||||||
Other | 52 | 54 | |||||||||||
Total deferred income tax assets | 1,168 | 1,238 | |||||||||||
Valuation allowance | (364 | ) | (399 | ) | |||||||||
Net deferred income tax assets | 804 | 839 | |||||||||||
Deferred income tax liabilities | |||||||||||||
Intangibles | 125 | 83 | |||||||||||
Capitalized software | 20 | 16 | |||||||||||
Other | 7 | 11 | |||||||||||
Total deferred income tax liabilities | 152 | 110 | |||||||||||
Total net deferred income tax assets | $ | 652 | $ | 729 | |||||||||
NCR recorded valuation allowances related to certain deferred income tax assets due to the uncertainty of the ultimate realization of the future benefits from those assets. The valuation allowances cover deferred tax assets, primarily tax loss carryforwards, in tax jurisdictions where there is uncertainty as to the ultimate realization of a benefit from those tax losses. At December 31, 2013, our net deferred tax assets in the United States totaled approximately $555 million. For the three year period ended December 31, 2013, we had a cumulative net loss from continuing operations before income taxes, which is generally considered a negative indicator about our ability to realize the benefits of those assets. We further evaluated the realizability of the U.S. deferred tax assets by weighing other positive and negative evidence, including our history of taxable income in the U.S., and the substantial length of time over which our deferred tax assets relating to net operating losses and employee pensions may be realized. Through this assessment, realization of the related benefits was determined to be more likely than not. If we are unable to generate sufficient future taxable income in the time period within which the temporary differences underlying our deferred tax assets become deductible, or before the expiration of our loss and credit carryforwards, additional valuation allowance could be required. | |||||||||||||
As of December 31, 2013, NCR had U.S. federal and foreign tax attribute carryforwards of approximately $1.8 billion. The net operating loss carryforwards, subject to expiration, expire in the years 2014 through 2033. The amount of tax deductions in excess of previously recorded windfall tax benefits associated with stock-based compensation included in U.S. federal net operating loss carryforwards but not reflected in deferred tax assets for the year ended December 31, 2013 was $69 million. Upon realization of the U.S. federal net operating losses, the Company will recognize a windfall tax benefit as an increase to additional paid-in capital. In addition, the Company had U.S. tax credit carryforwards of $117 million. Approximately $22 million of the credit carryforwards do not expire, and $95 million expires in the years 2014 through 2033. | |||||||||||||
The aggregate changes in the balance of our gross unrecognized tax benefits were as follows for the years ended December 31: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Gross unrecognized tax benefits - January 1 | $ | 256 | $ | 273 | $ | 303 | |||||||
Increases related to tax positions from prior years | 33 | 24 | 24 | ||||||||||
Decreases related to tax positions from prior years | (33 | ) | (16 | ) | (31 | ) | |||||||
Increases related to tax provisions taken during the current year | 40 | 30 | 23 | ||||||||||
Settlements with tax authorities | (2 | ) | (35 | ) | (33 | ) | |||||||
Lapses of statutes of limitation | (17 | ) | (20 | ) | (13 | ) | |||||||
Total gross unrecognized tax benefits - December 31 | $ | 277 | $ | 256 | $ | 273 | |||||||
Of the total amount of gross unrecognized tax benefits as of December 31, 2013, $155 million would affect NCR’s effective tax rate if realized. The Company’s liability arising from uncertain tax positions is recorded in income tax accruals and other current liabilities in the Consolidated Balance Sheets. | |||||||||||||
We recognized interest and penalties associated with uncertain tax positions as part of the provision for income taxes in our Consolidated Statements of Operations of $8 million of expense, $4 million of expense, and $11 million of benefit for the years ended December 31, 2013, 2012, and 2011, respectively. The gross amount of interest and penalties accrued as of December 31, 2013 and 2012 was $56 million and $51 million, respectively. | |||||||||||||
In the U.S., NCR files consolidated federal and state income tax returns where statutes of limitations generally range from three to five years. U.S. federal tax years remain open to examination from 2009 forward. In 2011, the IRS commenced an examination of our 2009 and 2010 income tax returns, which is ongoing. Years beginning after 2000 are still open to examination by certain foreign taxing authorities, including several major taxing jurisdictions. We are open to examination from 2001 onward in Korea and India and from 2002 onward in Canada. | |||||||||||||
During 2014, the Company expects to resolve certain tax matters related to U.S. and foreign jurisdictions. As of December 31, 2013, we estimate that it is reasonably possible that unrecognized tax benefits may decrease by $20 million to $25 million in the next 12 months due to the resolution of these issues. | |||||||||||||
NCR did not provide for U.S. federal income taxes or foreign withholding taxes in 2013 on approximately $1.9 billion of undistributed earnings of its foreign subsidiaries as such earnings are intended to be reinvested indefinitely. Due to the complexities in the tax laws, the assumptions that we would have to make and the availability and calculation of associated foreign tax credits, it is not practicable to determine the amount of the related unrecognized deferred income tax liability associated with these undistributed earnings. | |||||||||||||
See the Consolidated Statements of Comprehensive Income for details of the tax effects on the components of other comprehensive income. |
Employee_Stock_Compensation_Pl
Employee Stock Compensation Plans | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||
Employee Stock Compensation Plans | ' | |||||||||||||
8. EMPLOYEE STOCK COMPENSATION PLANS | ||||||||||||||
The Company recognizes all share-based payments, including grants of stock options, as compensation expense in its financial statements based on their fair value. | ||||||||||||||
As of December 31, 2013, the Company’s primary types of stock-based compensation were restricted stock and stock options. The Company recorded stock-based compensation expense, the components of which are further described below, for the years ended December 31 as follows: | ||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||
Restricted stock | $ | 39 | $ | 46 | $ | 27 | ||||||||
Stock options | 2 | 3 | 6 | |||||||||||
Total stock-based compensation (pre-tax) | 41 | 49 | 33 | |||||||||||
Tax benefit | (13 | ) | (14 | ) | (10 | ) | ||||||||
Total stock-based compensation (net of tax) | $ | 28 | $ | 35 | $ | 23 | ||||||||
Stock-based compensation expense for the years ended December 31, 2013, 2012 and 2011 was computed using the fair value of options as calculated using the Black-Scholes option-pricing model. During the year ended December 31, 2013, the Company did not grant any stock options. The weighted average fair value of options granted was estimated based on the below weighted average assumptions and was $8.24 per share in 2012 and $7.38 per share in 2011. | ||||||||||||||
2012 | 2011 | |||||||||||||
Dividend yield | — | — | ||||||||||||
Risk-free interest rate | 0.78 | % | 2.04 | % | ||||||||||
Expected volatility | 40.1 | % | 40.4 | % | ||||||||||
Expected holding period (years) | 5 | 5.1 | ||||||||||||
Expected volatility incorporates a blend of both historical volatility of the Company’s stock over a period equal to the expected term of the options and implied volatility from traded options on the Company’s stock, as management believes this is more representative 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. The risk-free interest rate for periods within the contractual life of the option is based on the 5-year U.S. Treasury yield curve in effect at the time of grant. | ||||||||||||||
Approximately 19 million shares are authorized to be issued under the 2013 Stock Incentive Plan (formerly the 2011 Amended and Restated Stock Incentive Plan) (SIP). Details of the Company's stock-based compensation plans are discussed below. | ||||||||||||||
Restricted Stock and Restricted Stock Units | ||||||||||||||
The SIP provides for the issuance of restricted stock, as well as restricted stock units. These types of awards can have either service-based or performance-based vesting with performance goals being established by the Compensation and Human Resource Committee. Any grant of restricted stock or restricted stock units is subject to a vesting period of at least three years, except that a one-year term of service may be required if vesting is conditioned upon achievement of performance goals. Performance-based grants are subject to future performance measurements, which include NCR’s achievement of specific return on capital and other financial metrics (as defined in the SIP) during the performance period. Performance-based grants must be earned, based on performance, before the actual number of shares to be awarded is known. The Company considers the likelihood of meeting the performance criteria based upon management’s estimates and analysis of achievement against the performance criteria. At the date of grant, a recipient of restricted stock has all the rights of a stockholder subject to certain restrictions on transferability and a risk of forfeiture. A recipient of restricted stock units does not have the rights of a stockholder and is subject to restrictions on transferability and risk of forfeiture. Other terms and conditions applicable to any award of restricted stock or restricted stock units will be determined by the Compensation and Human Resource Committee and set forth in the agreement relating to that award. | ||||||||||||||
The following table reports restricted stock activity during the year ended December 31, 2013: | ||||||||||||||
Shares in thousands | Number of Shares | Weighted Average Grant-Date Fair Value per Share | ||||||||||||
Unvested shares as of January 1 | 4,720 | $ | 19.02 | |||||||||||
Shares granted | 2,286 | $ | 25.64 | |||||||||||
Shares vested | (1,156 | ) | $ | 15.56 | ||||||||||
Shares forfeited | (541 | ) | $ | 21.75 | ||||||||||
Unvested shares as of December 31 | 5,309 | $ | 22.3 | |||||||||||
The total fair value of shares vested and distributed was $33 million in 2013, $68 million in 2012, and $1 million in 2011. As of December 31, 2013, there was $54 million of unrecognized compensation cost related to unvested restricted stock grants. The unrecognized compensation cost is expected to be recognized over a remaining weighted-average period of 1.4 years. The weighted average grant date fair value for restricted stock awards granted in 2012 and 2011 was $19.59 and $18.84, respectively. | ||||||||||||||
The following table represents the composition of restricted stock grants in 2013: | ||||||||||||||
Shares in thousands | Number of Shares | Weighted Average Grant-Date Fair Value | ||||||||||||
Service-based shares | 944 | $ | 27.72 | |||||||||||
Performance-based shares | 1,342 | $ | 24.18 | |||||||||||
Total restricted stock grants | 2,286 | $ | 25.64 | |||||||||||
The 2013 performance-based share grant activity above includes 0.9 million shares related to the 2013 to 2014 performance period. The remaining performance-based share grant activity in 2013 relates to the achievement of performance goals in 2013 associated with performance-based shares granted in a prior period. | ||||||||||||||
Stock Options | ||||||||||||||
The SIP also provides for the grant of several different forms of stock-based compensation, including stock options to purchase shares of NCR common stock. The Compensation and Human Resource Committee of the Board of Directors has discretion to determine the material terms and conditions of option awards under the SIP, provided that (i) the exercise price must be no less than the fair market value of NCR common stock (defined as the closing price) on the date of grant, (ii) the term must be no longer than ten years, and (iii) in no event shall the normal vesting schedule provide for vesting in less than one year. Other terms and conditions of an award of stock options will be determined by the Compensation and Human Resource Committee of the Board of Directors as set forth in the agreement relating to that award. The Compensation and Human Resource Committee has authority to administer the SIP, except that the Committee on Directors and Governance will administer the SIP with respect to non-employee members of the Board of Directors. New shares of the Company’s common stock are issued as a result of stock option exercises. | ||||||||||||||
The following table summarizes the Company’s stock option activity for the year ended December 31, 2013: | ||||||||||||||
Shares in thousands | Shares Under Option | Weighted Average Exercise Price per Share | Weighted Average Remaining Contractual Term (in years) | Aggregate Intrinsic Value | ||||||||||
(in millions) | ||||||||||||||
Outstanding as of January 1 | 4,858 | $ | 17.49 | |||||||||||
Granted | — | $ | — | |||||||||||
Exercised | (2,870 | ) | $ | 17.66 | ||||||||||
Forfeited or expired | (50 | ) | $ | 13.86 | ||||||||||
Outstanding as of December 31 | 1,938 | $ | 17.32 | 4.02 | $ | 32 | ||||||||
Fully vested and expected to vest as of December 31 | 1,918 | $ | 17.36 | 4.14 | $ | 32 | ||||||||
Exercisable as of December 31 | 1,708 | $ | 17.84 | 3.71 | $ | 27 | ||||||||
The total intrinsic value of all options exercised was $37 million in 2013, $31 million in 2012, and $8 million in 2011. Cash received from option exercises under all share-based payment arrangements was $51 million in 2013, $47 million in 2012, and $13 million in 2011. The tax benefit realized from these exercises was $12 million in 2013, $10 million in 2012, and $3 million in 2011. | ||||||||||||||
Other Share-based Plans | ||||||||||||||
The Employee Stock Purchase Plan (ESPP) enables eligible employees to purchase NCR’s common stock at a discount to the average of the highest and lowest sale prices on the last trading day of each month. The ESPP discount is 5% of the average market price. Accordingly, this plan is considered non-compensatory. Employees may authorize payroll deductions of up to 10% of eligible compensation for common stock purchases. Employees purchased approximately 0.2 million shares in 2013, 0.3 million shares in 2012, and 0.3 million shares in 2011 for approximately $6 million in 2013, $6 million in 2012, and $5 million in 2011. A total of 4 million shares were originally authorized to be issued under the new ESPP and approximately 1.7 million authorized shares remain unissued as of December 31, 2013. |
Employee_Benefit_Plans
Employee Benefit Plans | 12 Months Ended | |||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||
Employee Benefit Plans [Abstract] | ' | |||||||||||||||||||||||||||||||||||
Employee Benefit Plans | ' | |||||||||||||||||||||||||||||||||||
9. EMPLOYEE BENEFIT PLANS | ||||||||||||||||||||||||||||||||||||
Pension, Postretirement and Postemployment Plans NCR sponsors defined benefit plans for many of its U.S. and international employees. For salaried employees, the defined benefit plans are based primarily upon compensation and years of service. For certain hourly employees in the U.S., the benefits are based on a fixed dollar amount per years of service. NCR’s U.S. pension plans ceased the accrual of additional benefits after December 31, 2006 and are closed to new participants. Certain international plans are also closed to new participants. NCR’s funding policy is to contribute annually not less than the minimum required by applicable laws and regulations. Assets of NCR’s defined benefit plans are primarily invested in corporate and government debt securities, insurance products, common and commingled trusts, publicly traded common stocks, real estate investments, and cash or cash equivalents. | ||||||||||||||||||||||||||||||||||||
NCR recognizes the funded status of each applicable plan on the Consolidated Balance Sheets. Each overfunded plan is recognized as an asset and each underfunded plan is recognized as a liability. For pension plans, changes in the fair value of plan assets and net actuarial gains or losses are recognized upon remeasurement, which is at least annually in the fourth quarter of each year. For postretirement and postemployment plans, changes to the funded status are recognized as a component of other comprehensive loss in stockholders' equity. | ||||||||||||||||||||||||||||||||||||
Prior to September 1998, substantially all U.S. employees who reached retirement age while working for NCR were eligible to participate in a postretirement benefit plan. The plan provides medical care and life insurance benefits to retirees and their eligible dependents. In September 1998, the plan was amended whereby U.S. participants who had not reached a certain age and years of service with NCR were no longer eligible for such benefits. Non-U.S. employees are typically covered under government-sponsored programs, and NCR generally does not provide postretirement benefits other than pensions to non-U.S. retirees. NCR generally funds these benefits on a pay-as-you-go basis. | ||||||||||||||||||||||||||||||||||||
NCR offers various postemployment benefits to involuntarily terminated and certain inactive employees after employment but before retirement. These benefits are paid in accordance with NCR’s established postemployment benefit practices and policies. Postemployment benefits include mainly severance as well as disability benefits, supplemental unemployment benefits, workers’ compensation benefits, and continuation of healthcare benefits and life insurance coverage. NCR provides appropriate accruals for these postemployment benefits. These postemployment benefits are funded on a pay-as-you-go basis. | ||||||||||||||||||||||||||||||||||||
Amounts to be Recognized | ||||||||||||||||||||||||||||||||||||
The amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost (income) during 2014 are as follows: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. | International Pension Benefits | Total | Postretirement Benefits | Postemployment Benefits | |||||||||||||||||||||||||||||||
Pension Benefits | Pension Benefits | |||||||||||||||||||||||||||||||||||
Prior service cost (income) | $ | — | $ | 2 | $ | 2 | $ | (18 | ) | $ | (4 | ) | ||||||||||||||||||||||||
Actuarial loss | $ | — | $ | — | $ | — | $ | 2 | $ | — | ||||||||||||||||||||||||||
Pension Plans | ||||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligations for NCR's pension plans are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 3,462 | $ | 4,084 | $ | 2,249 | $ | 2,073 | $ | 5,711 | $ | 6,157 | ||||||||||||||||||||||||
Net service cost | — | — | 14 | 14 | 14 | 14 | ||||||||||||||||||||||||||||||
Interest cost | 124 | 159 | 79 | 83 | 203 | 242 | ||||||||||||||||||||||||||||||
Amendment | — | — | 4 | 9 | 4 | 9 | ||||||||||||||||||||||||||||||
Actuarial (gain) loss | (271 | ) | (94 | ) | (45 | ) | 112 | (316 | ) | 18 | ||||||||||||||||||||||||||
Benefits paid | (410 | ) | (687 | ) | (113 | ) | (111 | ) | (523 | ) | (798 | ) | ||||||||||||||||||||||||
Plan participant contributions | — | — | 3 | 3 | 3 | 3 | ||||||||||||||||||||||||||||||
Settlement | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||
Special termination benefit cost | 26 | — | — | — | 26 | — | ||||||||||||||||||||||||||||||
Acquired pension obligation | — | — | 4 | — | 4 | — | ||||||||||||||||||||||||||||||
Currency translation adjustments | — | — | 19 | 68 | 19 | 68 | ||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 2,931 | $ | 3,462 | $ | 2,214 | $ | 2,249 | $ | 5,145 | $ | 5,711 | ||||||||||||||||||||||||
Accumulated benefit obligation as of December 31 | $ | 2,931 | $ | 3,462 | $ | 2,180 | $ | 2,166 | $ | 5,111 | $ | 5,628 | ||||||||||||||||||||||||
A reconciliation of the beginning and ending balances of the fair value of the plan assets of NCR's pension plans are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Change in plan assets | ||||||||||||||||||||||||||||||||||||
Fair value of plan assets as of January 1 | $ | 3,022 | $ | 2,733 | $ | 2,228 | $ | 1,981 | $ | 5,250 | $ | 4,714 | ||||||||||||||||||||||||
Actual return on plan assets | (116 | ) | 325 | 129 | 181 | 13 | 506 | |||||||||||||||||||||||||||||
Company contributions | 187 | 651 | 96 | 101 | 283 | 752 | ||||||||||||||||||||||||||||||
Benefits paid | (410 | ) | (687 | ) | (113 | ) | (111 | ) | (523 | ) | (798 | ) | ||||||||||||||||||||||||
Settlement | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||
Currency translation adjustments | — | — | 30 | 75 | 30 | 75 | ||||||||||||||||||||||||||||||
Plan participant contributions | — | — | 3 | 3 | 3 | 3 | ||||||||||||||||||||||||||||||
Fair value of plan assets as of December 31 | $ | 2,683 | $ | 3,022 | $ | 2,373 | $ | 2,228 | $ | 5,056 | $ | 5,250 | ||||||||||||||||||||||||
The following table presents the funded status and the reconciliation of the funded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss as of December 31: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Funded Status | $ | (248 | ) | $ | (440 | ) | $ | 159 | $ | (21 | ) | $ | (89 | ) | $ | (461 | ) | |||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Noncurrent assets | $ | — | $ | — | $ | 478 | $ | 368 | $ | 478 | $ | 368 | ||||||||||||||||||||||||
Current liabilities | (17 | ) | (9 | ) | (18 | ) | (15 | ) | (35 | ) | (24 | ) | ||||||||||||||||||||||||
Noncurrent liabilities | (231 | ) | (431 | ) | (301 | ) | (374 | ) | (532 | ) | (805 | ) | ||||||||||||||||||||||||
Net amounts recognized | $ | (248 | ) | $ | (440 | ) | $ | 159 | $ | (21 | ) | $ | (89 | ) | $ | (461 | ) | |||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Prior service cost | — | — | 2 | 5 | 2 | 5 | ||||||||||||||||||||||||||||||
Total | $ | — | $ | — | $ | 2 | $ | 5 | $ | 2 | $ | 5 | ||||||||||||||||||||||||
For pension plans with accumulated benefit obligations in excess of plan assets, the projected benefit obligation, accumulated benefit obligation and fair value of assets were $3,319 million, $3,311 million, and $2,582 million, respectively, as of December 31, 2013, and $4,271 million, $4,243 million and $3,457 million, respectively, as of December 31, 2012. | ||||||||||||||||||||||||||||||||||||
The net periodic benefit (income) cost of the pension plans for the years ended December 31 was as follows: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Benefits | International | Total Pension Benefits | |||||||||||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||
Net service cost | $ | — | $ | — | $ | — | $ | 14 | $ | 14 | $ | 15 | $ | 14 | $ | 14 | $ | 15 | ||||||||||||||||||
Interest cost | 124 | 159 | 182 | 79 | 83 | 90 | 203 | 242 | 272 | |||||||||||||||||||||||||||
Expected return on plan assets | (109 | ) | (127 | ) | (175 | ) | (99 | ) | (98 | ) | (106 | ) | (208 | ) | (225 | ) | (281 | ) | ||||||||||||||||||
Amortization of prior service cost | — | — | — | 6 | 7 | 6 | 6 | 7 | 6 | |||||||||||||||||||||||||||
Special termination benefit cost | 26 | — | — | — | — | — | 26 | — | — | |||||||||||||||||||||||||||
Actuarial (gain) loss | (43 | ) | (293 | ) | 450 | (76 | ) | 31 | 120 | (119 | ) | (262 | ) | 570 | ||||||||||||||||||||||
Net periodic benefit (income) cost | $ | (2 | ) | $ | (261 | ) | $ | 457 | $ | (76 | ) | $ | 37 | $ | 125 | $ | (78 | ) | $ | (224 | ) | $ | 582 | |||||||||||||
During 2013, a select group of U.S. employees were offered the option to participate in a voluntary early retirement opportunity, which included incremental benefits for each employee who elected to participate, resulting in recognition of special termination benefit costs totaling $26 million. Additionally, during the year ended December 31, 2013, an actuarial gain of $15 million was recognized associated with the termination of NCR's U.S. non-qualified pension plans. | ||||||||||||||||||||||||||||||||||||
In the third quarter of 2012, the Company offered a voluntary lump sum payment option to certain former employees who were deferred vested participants of the Company's U.S. pension plan who had not yet started monthly payments of their pension benefit. The voluntary lump sum payment offer was completed during the fourth quarter of 2012, which resulted in an actuarial gain from the remeasurement of the plan. | ||||||||||||||||||||||||||||||||||||
The weighted average rates and assumptions used to determine benefit obligations as of December 31 were as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||
Discount rate | 4.6 | % | 3.8 | % | 3.8 | % | 3.7 | % | 4.3 | % | 3.7 | % | ||||||||||||||||||||||||
Rate of compensation increase | N/A | N/A | 2.7 | % | 2.5 | % | 2.7 | % | 2.5 | % | ||||||||||||||||||||||||||
The weighted average rates and assumptions used to determine net periodic benefit cost for the years ended December 31 were as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||
Discount rate | 3.8 | % | 4 | % | 5.3 | % | 3.7 | % | 4.1 | % | 4.6 | % | 3.7 | % | 4 | % | 5 | % | ||||||||||||||||||
Expected return on plan assets | 3.8 | % | 4.8 | % | 6.8 | % | 4.6 | % | 4.8 | % | 5.5 | % | 4.1 | % | 4.8 | % | 6.3 | % | ||||||||||||||||||
Rate of compensation increase | N/A | N/A | N/A | 2.5 | % | 3 | % | 3.5 | % | 2.5 | % | 3 | % | 3.5 | % | |||||||||||||||||||||
The discount rate used to determine December 31, 2013 U.S. benefit obligations was derived by matching the plans’ expected future cash flows to the corresponding yields from the Aon Hewitt AA Bond Universe Curve. This yield curve has been constructed to represent the available yields on high-quality, fixed-income investments across a broad range of future maturities. International discount rates were determined by examining interest rate levels and trends within each country, particularly yields on high-quality, long-term corporate bonds, relative to our future expected cash flows. | ||||||||||||||||||||||||||||||||||||
NCR employs a building block approach as its primary approach in determining the long-term expected rate of return assumptions for plan assets. Historical market returns are studied and long-term relationships between equities and fixed income are preserved consistent with the widely accepted capital market principle that assets with higher volatilities generate higher returns over the long run. Current market factors, such as inflation and interest rates are evaluated before long-term capital market assumptions are determined. The expected long-term portfolio return is established for each plan via a building block approach with proper rebalancing consideration. The result is then adjusted to reflect additional expected return from active management net of plan expenses. Historical plan returns, the expectations of other capital market participants, and peer data are all used to review and assess the results for reasonableness and appropriateness. | ||||||||||||||||||||||||||||||||||||
Plan Assets The weighted average asset allocations as of December 31, 2013 and 2012 by asset category are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Fund | International Pension Fund | |||||||||||||||||||||||||||||||||||
Actual Allocation of Plan Assets as of December 31 | Target Asset Allocation | Actual Allocation of Plan Assets as of December 31 | Target Asset Allocation | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Equity securities | — | % | — | % | 0 - 2% | 11 | % | 24 | % | 6 - 14% | ||||||||||||||||||||||||||
Debt securities | 97 | % | 97 | % | 96 - 100% | 76 | % | 65 | % | 71 - 82% | ||||||||||||||||||||||||||
Real estate | 1 | % | 1 | % | 0 - 2% | 6 | % | 6 | % | 3 - 7% | ||||||||||||||||||||||||||
Other | 2 | % | 2 | % | 0 - 2% | 7 | % | 5 | % | 4 - 11% | ||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | ||||||||||||||||||||||||||||
The fair value of plan assets as of December 31, 2013 and 2012 by asset category is as follows: | ||||||||||||||||||||||||||||||||||||
U.S. | International | |||||||||||||||||||||||||||||||||||
In millions | Notes | Fair Value as of December 31, 2013 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | Fair Value as of December 31, 2013 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | |||||||||||||||||||||||||||
(Level 3) | (Level 3) | |||||||||||||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||||||
Equity securities: | ||||||||||||||||||||||||||||||||||||
Common stock | 1 | $ | — | $ | — | $ | — | $ | — | $ | 65 | $ | 65 | $ | — | $ | — | |||||||||||||||||||
Fixed income securities: | ||||||||||||||||||||||||||||||||||||
Government securities | 2 | 260 | — | 260 | — | 209 | — | 205 | 4 | |||||||||||||||||||||||||||
Corporate debt | 3 | 1,091 | — | 1,091 | — | 110 | — | 110 | — | |||||||||||||||||||||||||||
Other types of investments: | ||||||||||||||||||||||||||||||||||||
Money market funds | 4 | 24 | — | 24 | — | 57 | — | 57 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Equities | 4 | — | — | — | — | 155 | — | 155 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Bonds | 4 | 1,035 | — | 1,035 | — | 153 | — | 153 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Short Term Investments | 4 | 44 | — | 44 | — | — | — | — | — | |||||||||||||||||||||||||||
Common and commingled trusts - Balanced | 4 | — | — | — | — | 158 | — | 158 | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Real estate | 5 | 35 | — | — | 35 | — | — | — | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Other | 5 | 48 | — | — | 48 | 49 | — | — | 49 | |||||||||||||||||||||||||||
Mutual funds | 4 | 146 | 146 | — | — | — | — | — | — | |||||||||||||||||||||||||||
Insurance products | 4 | — | — | — | — | 1,283 | — | 1,283 | — | |||||||||||||||||||||||||||
Real estate and other | 5 | — | — | — | — | 134 | — | — | 134 | |||||||||||||||||||||||||||
Total | $ | 2,683 | $ | 146 | $ | 2,454 | $ | 83 | $ | 2,373 | $ | 65 | $ | 2,121 | $ | 187 | ||||||||||||||||||||
U.S. | International | |||||||||||||||||||||||||||||||||||
In millions | Notes | Fair Value as of December 31, 2012 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | Fair Value as of December 31, 2012 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | |||||||||||||||||||||||||||
(Level 3) | (Level 3) | |||||||||||||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||||||
Equity securities: | ||||||||||||||||||||||||||||||||||||
Common stock | 1 | $ | 2 | $ | 1 | $ | — | $ | 1 | $ | 170 | $ | 170 | $ | — | $ | — | |||||||||||||||||||
Fixed income securities: | ||||||||||||||||||||||||||||||||||||
Government securities | 2 | 228 | — | 228 | — | 114 | — | 114 | — | |||||||||||||||||||||||||||
Corporate debt | 3 | 1,221 | — | 1,221 | — | 199 | — | 199 | — | |||||||||||||||||||||||||||
Other types of investments: | ||||||||||||||||||||||||||||||||||||
Money market funds | 4 | 33 | — | 33 | — | 46 | — | 46 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Equities | 4 | — | — | — | — | 246 | 105 | 141 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Bonds | 4 | 1,191 | — | 1,191 | — | 907 | — | 907 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Short Term Investments | 4 | 49 | — | 49 | — | — | — | — | — | |||||||||||||||||||||||||||
Common and commingled trusts - Balanced | 4 | 1 | — | 1 | — | 36 | — | 36 | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Real estate | 5 | 40 | — | — | 40 | — | — | — | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Other | 5 | 22 | — | — | 22 | 62 | — | — | 62 | |||||||||||||||||||||||||||
Mutual funds | 4 | 206 | 206 | — | — | 261 | 261 | — | — | |||||||||||||||||||||||||||
Insurance products | 4 | 28 | — | 28 | — | 56 | — | 56 | — | |||||||||||||||||||||||||||
Real estate and other | 5 | 1 | — | 1 | — | 131 | — | — | 131 | |||||||||||||||||||||||||||
Total | $ | 3,022 | $ | 207 | $ | 2,752 | $ | 63 | $ | 2,228 | $ | 536 | $ | 1,499 | $ | 193 | ||||||||||||||||||||
Notes: | ||||||||||||||||||||||||||||||||||||
1 | Common stocks are valued based on quoted market prices at the closing price as reported on the active market on which the individual securities are traded. | |||||||||||||||||||||||||||||||||||
2 | Government securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar securities, the security is valued under a discounted cash flows approach that maximizes observable inputs, such as current yields on similar instruments but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks. | |||||||||||||||||||||||||||||||||||
3 | Corporate debt is valued primarily based on observable market quotations for similar bonds at the closing price reported on the active market on which the individual securities are traded. When such quoted prices are not available, the bonds are valued using a discounted cash flows approach using current yields on similar instruments of issuers with similar credit ratings. | |||||||||||||||||||||||||||||||||||
4 | Common/collective trusts and registered investment companies (RICs) such as mutual funds are valued using a Net Asset Value (NAV) provided by the manager of each fund. The NAV is based on the underlying net assets owned by the fund, divided by the number of shares or units outstanding. The fair value of the underlying securities within the fund, which are generally traded on an active market, are valued at the closing price reported on the active market on which those individual securities are traded. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiple and cost valuation approaches, are employed by the fund manager or independent third party to value investments. | |||||||||||||||||||||||||||||||||||
5 | Partnership/joint ventures and hedge funds are valued based on the fair value of the underlying securities within the fund, which include investments both traded on an active market and not traded on an active market. For those investments that are traded on an active market, the values are based on the closing price reported on the active market on which those individual securities are traded and in the case of hedge funds they are valued using a Net Asset Value (NAV) provided by the manager of each fund. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiples and cost valuation approaches, are employed by the fund manager to value investments. | |||||||||||||||||||||||||||||||||||
The following table presents the reconciliation of the beginning and ending balances of those plan assets classified within Level 3 of the valuation hierarchy. When the determination is made to classify the plan assets within Level 3, the determination is based upon the significance of the unobservable inputs to the overall fair value measurement. | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Plans | International Pension Plans | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2011 | $ | 96 | $ | 187 | ||||||||||||||||||||||||||||||||
Realized and unrealized gains and losses, net | 4 | 17 | ||||||||||||||||||||||||||||||||||
Purchases, sales and settlements, net | (37 | ) | (11 | ) | ||||||||||||||||||||||||||||||||
Transfers, net | — | — | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2012 | $ | 63 | $ | 193 | ||||||||||||||||||||||||||||||||
Realized and unrealized gains and losses, net | 8 | 19 | ||||||||||||||||||||||||||||||||||
Purchases, sales and settlements, net | (16 | ) | (29 | ) | ||||||||||||||||||||||||||||||||
Transfers, net | 28 | 4 | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2013 | $ | 83 | $ | 187 | ||||||||||||||||||||||||||||||||
Investment Strategy NCR has historically employed a total return investment approach, whereby a mix of fixed-income, equities and real estate investments are used to maximize the long-term return of plan assets subject to a prudent level of risk. The risk tolerance is established for each plan through a careful consideration of plan liabilities, plan funded status and corporate financial condition. During the first quarter of 2010, the Company completed a comprehensive analysis of its capital allocation strategy, with specific focus on its approach to pension management. As a result of this analysis, the Company implemented a plan to reduce future volatility in the value of assets held by the U.S. pension plan by rebalancing the asset allocation to a portfolio of entirely fixed income assets by the end of 2012. At the end of 2012, the Company had reallocated approximately 100% of pension assets to fixed income assets compared to 80% at the end of 2011. Similar investment strategy changes are under consideration or being implemented in a number of NCR’s international plans. | ||||||||||||||||||||||||||||||||||||
The investment portfolios contain primarily fixed-income investments,which are diversified across U.S. and non-U.S. issuers, type of fixed-income security (i.e., government bonds, corporate bonds, mortgage-backed securities) and credit quality. The investment portfolios also contain a blend of equity investments, which are diversified across U.S. and non-U.S. stocks, small and large capitalization stocks, and growth and value stocks, primarily of non-U.S. issuers. Where applicable, real estate investments are made through real estate securities, partnership interests or direct investment and are diversified by property type and location. Other assets, such as cash or private equity are used judiciously to improve portfolio diversification and enhance risk-adjusted portfolio returns. Derivatives may be used to adjust market exposures in an efficient and timely manner. Due to the timing of security purchases and sales, cash held by fund managers is classified in the same asset category as the related investment. Rebalancing algorithms are applied to keep the asset mix of the plans from deviating excessively from their targets. Investment risk is measured and monitored on an ongoing basis through regular performance reporting, investment manager reviews, actuarial liability measurements and periodic investment strategy reviews. | ||||||||||||||||||||||||||||||||||||
From time to time, the Company may invest in insurance contracts, known as buy-in contracts, as a step towards transferring the plan’s liabilities to a third party. In November 2013, the trustees of the NCR Pension Plan (UK) entered into an agreement with Pension Insurance Corporation (PIC) to purchase, as a plan asset, an insurance policy with PIC to facilitate the wind-up and buy-out of the pension plan. NCR Limited, a UK subsidiary of the Company, is the principal employer of the pension plan which has approximately 5,400 participants and approximately $750 million in pension plan obligations. | ||||||||||||||||||||||||||||||||||||
Postretirement Plans | ||||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligation for NCR's U.S. postretirement plan is as follows: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 35 | $ | 44 | ||||||||||||||||||||||||||||||||
Gross service cost | — | — | ||||||||||||||||||||||||||||||||||
Interest cost | 1 | 1 | ||||||||||||||||||||||||||||||||||
Amendment | — | (4 | ) | |||||||||||||||||||||||||||||||||
Actuarial (gain) loss | (5 | ) | (1 | ) | ||||||||||||||||||||||||||||||||
Plan participant contributions | 2 | 3 | ||||||||||||||||||||||||||||||||||
Benefits paid | (6 | ) | (8 | ) | ||||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 27 | $ | 35 | ||||||||||||||||||||||||||||||||
The following table presents the funded status and the reconciliation of the funded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss as of December 31: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Benefit obligation | $ | (27 | ) | $ | (35 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Current liabilities | $ | (4 | ) | $ | (5 | ) | ||||||||||||||||||||||||||||||
Noncurrent liabilities | (23 | ) | (30 | ) | ||||||||||||||||||||||||||||||||
Net amounts recognized | $ | (27 | ) | $ | (35 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Net actuarial loss | $ | 20 | $ | 29 | ||||||||||||||||||||||||||||||||
Prior service benefit | (69 | ) | (88 | ) | ||||||||||||||||||||||||||||||||
Total | $ | (49 | ) | $ | (59 | ) | ||||||||||||||||||||||||||||||
The net periodic benefit (income) cost of the postretirement plan for the years ended December 31 was: | ||||||||||||||||||||||||||||||||||||
In millions | Postretirement Benefits | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||||
Interest cost | $ | 1 | $ | 1 | $ | 2 | ||||||||||||||||||||||||||||||
Net service cost | — | — | — | |||||||||||||||||||||||||||||||||
Amortization of: | ||||||||||||||||||||||||||||||||||||
Prior service benefit | (18 | ) | (18 | ) | (18 | ) | ||||||||||||||||||||||||||||||
Actuarial loss | 2 | 3 | 3 | |||||||||||||||||||||||||||||||||
Net periodic benefit (income) cost | $ | (15 | ) | $ | (14 | ) | $ | (13 | ) | |||||||||||||||||||||||||||
The assumptions utilized in accounting for postretirement benefit obligations as of December 31 and for postretirement benefit income for the years ended December 31 were: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefit Obligations | Postretirement Benefit Costs | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||
Discount rate | 3.4 | % | 2.6 | % | 2.6 | % | 3.3 | % | 4.3 | % | ||||||||||||||||||||||||||
Assumed healthcare cost trend rates as of December 31 were: | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
Pre-65 Coverage | Post-65 Coverage | Pre-65 Coverage | Post-65 Coverage | |||||||||||||||||||||||||||||||||
Healthcare cost trend rate assumed for next year | 7 | % | 6 | % | 8 | % | 6.5 | % | ||||||||||||||||||||||||||||
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) | 5 | % | 5 | % | 5 | % | 5 | % | ||||||||||||||||||||||||||||
Year that the rate reaches the ultimate rate | 2024 | 2024 | 2018 | 2018 | ||||||||||||||||||||||||||||||||
In addition, a one percentage point change in assumed healthcare cost trend rates would have had an immaterial impact on the postretirement benefit income and obligation. | ||||||||||||||||||||||||||||||||||||
Postemployment Benefits | ||||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligation for NCR's postemployment plan was: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 258 | $ | 264 | ||||||||||||||||||||||||||||||||
Restructuring program cost | — | (1 | ) | |||||||||||||||||||||||||||||||||
Service cost | 24 | 24 | ||||||||||||||||||||||||||||||||||
Interest cost | 6 | 9 | ||||||||||||||||||||||||||||||||||
Amendments | 1 | (3 | ) | |||||||||||||||||||||||||||||||||
Benefits paid | (35 | ) | (37 | ) | ||||||||||||||||||||||||||||||||
Curtailment | (51 | ) | — | |||||||||||||||||||||||||||||||||
Foreign currency exchange | (6 | ) | 1 | |||||||||||||||||||||||||||||||||
Actuarial (gain) loss | (21 | ) | 1 | |||||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 176 | $ | 258 | ||||||||||||||||||||||||||||||||
The following tables present the funded status and the reconciliation of the unfunded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss at December 31: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Benefit obligation | $ | (176 | ) | $ | (258 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Current liabilities | $ | (30 | ) | $ | (42 | ) | ||||||||||||||||||||||||||||||
Noncurrent liabilities | (146 | ) | (216 | ) | ||||||||||||||||||||||||||||||||
Net amounts recognized | $ | (176 | ) | $ | (258 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Net actuarial loss | $ | 5 | $ | 87 | ||||||||||||||||||||||||||||||||
Prior service benefit | (18 | ) | (36 | ) | ||||||||||||||||||||||||||||||||
Total | $ | (13 | ) | $ | 51 | |||||||||||||||||||||||||||||||
The net periodic benefit cost of the postemployment plan for the years ended December 31 was: | ||||||||||||||||||||||||||||||||||||
In millions | Postemployment Benefits | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||||
Service cost | $ | 24 | $ | 24 | $ | 25 | ||||||||||||||||||||||||||||||
Interest cost | 6 | 9 | 10 | |||||||||||||||||||||||||||||||||
Amortization of: | ||||||||||||||||||||||||||||||||||||
Prior service benefit | (4 | ) | (6 | ) | (9 | ) | ||||||||||||||||||||||||||||||
Actuarial loss | 5 | 11 | 14 | |||||||||||||||||||||||||||||||||
Curtailment gain | (13 | ) | — | — | ||||||||||||||||||||||||||||||||
Net benefit cost | $ | 18 | $ | 38 | $ | 40 | ||||||||||||||||||||||||||||||
Restructuring severance cost | — | (1 | ) | 6 | ||||||||||||||||||||||||||||||||
Net periodic benefit cost | $ | 18 | $ | 37 | $ | 46 | ||||||||||||||||||||||||||||||
During the first quarter of 2013, NCR amended its U.S. separation plan to eliminate the accumulation of postemployment benefits, resulting in a curtailment benefit of $13 million. | ||||||||||||||||||||||||||||||||||||
During 2011, NCR recorded approximately $6 million of severance costs related to the acquisition of Radiant. Additionally, during 2011, NCR announced a change in the long term disability benefits provided to former employees, effective July 1, 2011. This action reduced the actuarial liability associated with this benefit by approximately $6 million in 2011. | ||||||||||||||||||||||||||||||||||||
The weighted average assumptions utilized in accounting for postemployment benefit obligations as of December 31 and for postemployment benefit costs for the years ended December 31 were: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefit Obligations | Postemployment Benefit Costs | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||
Discount rate | 3.2 | % | 2.9 | % | 2.9 | % | 3.5 | % | 3.9 | % | ||||||||||||||||||||||||||
Salary increase rate | 2.8 | % | 2.6 | % | 2.6 | % | 3.2 | % | 3.4 | % | ||||||||||||||||||||||||||
Involuntary turnover rate | 4.8 | % | 5.5 | % | 5.5 | % | 5.5 | % | 5.5 | % | ||||||||||||||||||||||||||
Cash Flows Related to Employee Benefit Plans | ||||||||||||||||||||||||||||||||||||
Cash Contributions NCR does not plan to contribute to the U.S. qualified pension plan in 2014, and plans to contribute approximately $70 million to the international pension plans and a one-time contribution of $18 million to the executive pension plan to settle the remaining obligation related to the plan termination in 2014. The Company also plans to make contributions of $4 million to the U.S. postretirement plan and $30 million to the postemployment plan in 2014. | ||||||||||||||||||||||||||||||||||||
Estimated Future Benefit Payments NCR expects to make the following benefit payments reflecting past and future service from its pension, postretirement and postemployment plans: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | Postretirement Benefits | Postemployment Benefits | |||||||||||||||||||||||||||||||
Year | ||||||||||||||||||||||||||||||||||||
2014 | $ | 233 | $ | 106 | $ | 339 | $ | 4 | $ | 30 | ||||||||||||||||||||||||||
2015 | $ | 212 | $ | 102 | $ | 314 | $ | 4 | $ | 27 | ||||||||||||||||||||||||||
2016 | $ | 209 | $ | 106 | $ | 315 | $ | 3 | $ | 25 | ||||||||||||||||||||||||||
2017 | $ | 207 | $ | 104 | $ | 311 | $ | 3 | $ | 24 | ||||||||||||||||||||||||||
2018 | $ | 206 | $ | 104 | $ | 310 | $ | 2 | $ | 22 | ||||||||||||||||||||||||||
2019 - 2023 | $ | 997 | $ | 534 | $ | 1,531 | $ | 7 | $ | 91 | ||||||||||||||||||||||||||
Savings Plans U.S. employees and many international employees participate in defined contribution savings plans. These plans generally provide either a specified percent of pay or a matching contribution on participating employees’ voluntary elections. NCR’s matching contributions typically are subject to a maximum percentage or level of compensation. Employee contributions can be made pre-tax, after-tax or a combination thereof. The expense under the U.S. plan was approximately $12 million in 2013, $10 million in 2012, and $8 million in 2011. The expense under international and subsidiary savings plans was $22 million in 2013, $17 million in 2012, and $16 million in 2011. |
Commitments_and_Contingencies
Commitments and Contingencies | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||||||||||||||||||
Commitments and Contingencies | ' | ||||||||||||||||||||
10. 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. NCR believes the amounts provided in its Consolidated Financial Statements, as prescribed by GAAP, are currently adequate in light of the probable and estimable liabilities with respect to such matters, 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 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. Any costs that may be incurred in excess of those amounts provided as of December 31, 2013 cannot currently be reasonably determined, or are not currently considered probable. | |||||||||||||||||||||
In 2012, NCR received anonymous allegations from a purported whistleblower regarding certain aspects of the Company's business practices in China, the Middle East and Africa. The principal allegations received in 2012 relate to the Company's compliance with the Foreign Corrupt Practices Act (FCPA) and federal regulations that prohibit U.S. persons from engaging in certain activities in Syria. NCR promptly retained experienced outside counsel and began an internal investigation of those allegations that was completed in January 2013. On August 31, 2012, the Board of Directors received a demand letter from an individual shareholder demanding that the Board investigate and take action in connection with certain of the whistleblower allegations. The Board formed a Special Committee to investigate those matters, and that Special Committee also separately retained experienced outside counsel, and completed an investigation in January 2013. On January 23, 2013, upon the recommendation of the Special Committee following its review, the Board of Directors adopted a resolution rejecting the shareholder demand. As part of its resolution, the Board determined, among other things, that the officers and directors named in the demand had not breached their fiduciary duties and that the Company will not commence litigation against the named officers and directors. The Board further resolved to review measures proposed and implemented by management to strengthen the Company's compliance with trade embargos, export control laws and anti-bribery laws. In March 2013, the shareholder who sent the demand filed a derivative action in a Georgia state court, naming as defendants three Company officers, five members of the Board of Directors, and the Company as a nominal defendant. The Company and the officers and directors removed the case to federal court in Georgia. In July 2013, the Board of Directors received a demand letter from another shareholder with respect to allegations similar to those contained in the prior demand letter. In September 2013, the Board of Directors rejected the demand contained in that letter. In the quarter ended December 31, 2013, the individual defendants in the Georgia suit, and the Company as nominal defendant, entered into a memorandum of understanding with respect to a potential settlement of plaintiff's claims. See Note 18, "Subsequent Events" for additional information. | |||||||||||||||||||||
With respect to Syria, in 2012 NCR voluntarily notified the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) of potential violations and ceased operations in Syria, which were commercially insignificant. The notification related to confusion stemming from the Company's failure to register in Syria the transfer of the Company's Syrian branch to a foreign subsidiary and to deregister the Company's legacy Syrian branch, which was a branch of NCR Corporation. The Company has applied for and received from OFAC various licenses that have permitted the Company to take measures required to wind down its past operations in Syria. The Company also submitted a detailed report to OFAC regarding this matter, including a description of the Company's comprehensive export control program and related remedial measures. | |||||||||||||||||||||
With respect to the FCPA, the Company made a presentation to the staff of the Securities and Exchange Commission (SEC) and the U.S. Department of Justice (DOJ) providing the facts known to the Company related to the whistleblower's FCPA allegations, and advising the government that many of these allegations were unsubstantiated. The Company is responding to subpoenas of the SEC and requests of the DOJ for documents and information related to the FCPA, including matters related to the whistleblower's FCPA allegations. The Company's investigations of the whistleblower's FCPA allegations identified a few opportunities to strengthen the Company's comprehensive FCPA compliance program, and remediation measures are being implemented. | |||||||||||||||||||||
The Company is fully cooperating with the authorities with respect to all of these matters. There can be no assurance that the Company will not be subject to fines or other remedial measures as a result of OFAC's, the SEC's or the DOJ's investigations. | |||||||||||||||||||||
In relation to a patent infringement case filed by a company known as Automated Transactions LLC (ATL), the Company agreed to defend and indemnify its customers, 7-Eleven and Cardtronics. On behalf of those customers, the Company won summary judgment in the case in March 2011. ATL's appeal of that ruling was decided in favor of 7-Eleven and Cardtronics in 2012, and its petition for review by the United States Supreme Court was denied in January 2013. (There are further proceedings to occur in the trial court on the indemnified companies' counterclaims against ATL, such that the case is not fully resolved, although ATL's claims of infringement in that case have now been fully adjudicated.) ATL contends that Vcom terminals sold by the Company to 7-Eleven (Cardtronics ultimately purchased the business from 7-Eleven) infringed certain ATL patents that purport to relate to the combination of an ATM with an Internet kiosk, in which a retail transaction can be realized over an Internet connection provided by the kiosk. Independent of the litigation, the U.S. Patent and Trademark Office (USPTO) rejected the parent patent as invalid in view of certain prior art, although related continuation patents were not reexamined by the USPTO. ATL filed a second suit against the same companies with respect to a broader range of ATMs, based on the same patents plus additional more recently issued patents; that suit has been consolidated with the first case. These cases are being defended vigorously by NCR, together with 7-Eleven and Cardtronics. | |||||||||||||||||||||
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 and the Kalamazoo River matter detailed 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 are Appleton Papers Inc. (API; now known as Appvion, Inc.), P.H. Glatfelter Company, Georgia-Pacific Consumer Products LP (GP, successor to Fort James Operating Company), WTM I Co. (formerly Wisconsin Tissue Mills, now owned by Canal Corporation, formerly known as Chesapeake Corporation), CBC Corporation (formerly Riverside Paper Corporation), U.S. Paper Mills Corp. (owned by Sonoco Products Company), and Menasha Corporation. 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. Some parties contend that NCR is also 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. 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 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) and a 2005 arbitration award (subsequently confirmed as a judgment). The Cost Sharing Agreement and the arbitration resolved disputes that arose out of agreements relating to the Company's 1978 sale of its Fox River facilities to API. The agreement and award result 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 non-NCR balance is shared on a joint and several basis by API and BAT. | |||||||||||||||||||||
Various litigation proceedings concerning the Fox River are pending. In a contribution action filed in 2008 seeking to determine allocable responsibility of several companies and governmental entities, a federal court in Wisconsin ruled that NCR and API did not have a right to obtain contribution from the other parties, but that those parties could obtain contribution from NCR and API with respect to certain moneys they had spent. Decisions in that action were issued in 2009, 2011, 2012 and 2013, with a final judgment entered in 2013. The final judgment held the Company liable in the approximate amount of $76 million; the Company prevailed on claims seeking to hold it liable under an “arranger” theory for the most upriver portion of the site, where claimed damages were approximately $95 million. The Company has secured a bond to stay execution on the judgment and has commenced an appeal from the aspects of the judgment that were not favorable to the Company. Other companies are also appealing from the judgment, including from those aspects that are favorable to the Company. | |||||||||||||||||||||
In August 2013, GP filed a breach of contract action against the Company in a Wisconsin state court, seeking reimbursement of expenses incurred under Fox River-related agreements entered into by certain PRPs in the 1990s; the Wisconsin federal court had ruled the expenses could not be recovered in the context of the contribution action. Any liability arising under those agreements would be subject to the cost-sharing obligations described herein pertaining to API, BAT, AT&T and Alcatel-Lucent. The Company expects the outcome of the appeal in the contribution litigation to control the result of this breach of contract action; the amount sought in the action is encompassed in the Company's Fox River reserve, described below. | |||||||||||||||||||||
In 2010, the Governments filed a lawsuit (the Government enforcement action) in Wisconsin federal court against the companies named in the 2007 Order. After a 2012 trial, in May 2013 the court held, among other things, that harm at the site is not divisible, and it entered a declaratory judgment against seven defendants (including NCR), finding them jointly and severally liable to comply with the applicable provisions of the 2007 Order. The court also issued an injunction against four companies (including NCR), ordering them to comply with the applicable provisions of the 2007 Order. Several parties, including NCR, have appealed from the judgment. | |||||||||||||||||||||
In April 2012, the court ruled in the Government enforcement action that API did not have direct CERCLA liability to the Governments, without disturbing API’s continuing obligation to pay under the Cost Sharing Agreement, arbitration award and judgment. Following the court's decision and API's subsequent and disputed withdrawal from the LLC, API has refused to pay for remediation costs and the Company has funded the cost of remediation activity ordered by the court. NCR has sought payment from API under the Cost Sharing Agreement, and NCR’s payment demands made upon API as of December 31, 2013 total to approximately $80 million. The Company believes that the court's decision dismissing the Governments' claims against API has no effect on API's independent contractual and judgment-based obligations to NCR. The Company and API are engaged in arbitration proceedings over API’s failure to pay; API has counterclaimed against NCR. In connection with the dispute, in public filings in November 2013 API states that the Wisconsin federal court's rulings “do not affect [API’s] rights or obligations to share defense and liability costs with NCR in accordance with the terms of a 1998 agreement [the Cost Sharing Agreement] and a 2005 arbitration determination . . .” Appleton also reports in the same filing that “[t]he current carrying amount of [API’s] liability under the [a]rbitration is $60.8 million, which represents [API’s] best estimate of potential amounts to be paid.” | |||||||||||||||||||||
The extent of NCR's potential Fox River liability remains subject to many uncertainties. NCR's eventual remediation liability, which is expected to be paid out over a period extending through approximately 2017, followed by long-term monitoring, will depend on a number of factors. In general, the most significant factors include: (1) the total clean-up costs, which are estimated at $825 million (there can be no assurances that this estimate will not be significantly higher as work progresses); (2) total NRD for the site, which may range from zero to $246 million (the government in one court filing in 2009 indicated claims could be as high as $382 million; in a September 2011 ruling the Wisconsin federal court ruled that the defendants in the contribution litigation could seek recovery against NCR for overpayments of NRD, although NRD recovery, if any, is a disputed issue that is not expected to be determined before later in 2014 or 2015); (3) the share of future clean-up costs and NRD that NCR will bear, which under the current rulings by the federal court is assumed to be the full extent of clean-up activities other than for the most upriver portion of the site; (4) NCR's transaction and litigation costs to defend itself in this matter; and (5) the share of NCR's payments that API or BAT will bear, which is established by the Cost Sharing Agreement, arbitration award and judgment. With respect to the last point, as a result of certain corporate transactions unrelated to NCR, API is itself indemnified by Windward Prospects Limited, which has funded and managed much of API's liability to date. NCR's analysis of this factor assumes that API and Windward Prospects are financially viable and pay their percentage share. This analysis also assumes that BAT would be financially viable and willing to pay the joint and several obligation if API does not. | |||||||||||||||||||||
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 will not have a material effect on NCR's capital expenditures, earnings, financial condition, cash flows, or competitive position. As of December 31, 2013, the net reserve for the Fox River matter was approximately $112 million, compared to $115 million as of December 31, 2012. The decrease in the net reserve is due to payments for clean-up activities and litigation costs, offset by cash receipts from AT&T and Alcatel-Lucent and changes in estimates and assumptions of the total costs. NCR contributes to the LLC in order to fund remediation activities and generally, by contract, funds three months' worth of remediation activities in advance. As of December 31, 2013 and 2012, approximately zero and $3 million, respectively, remained from this funding and was recorded in other current assets in the Consolidated Balance Sheets. 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 and Alcatel-Lucent 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 Corp.'s divestiture of NCR and of what was then known as Lucent Technologies.) NCR's estimate of what AT&T and Alcatel-Lucent will be obligated to pay under the indemnity totaled approximately $51 million as of December 31, 2013 and $84 million as of December 31, 2012, and is deducted in determining the net reserve discussed above. | |||||||||||||||||||||
In connection with the Fox River and other matters, through December 31, 2013, NCR has received a combined total of approximately $173 million in settlements reached with its principal insurance carriers. Included in this sum is approximately $9 million received in settlements, distributions and other transactions in the quarter ended December 31, 2013. Portions of most of these settlements 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. Of the total amount collected to date, $9 million is subject to competing claims by API. As of December 31, 2013, NCR had reached settlement with all of the solvent insurance companies against which it had advanced claims with respect to the Fox River, and no litigation against insurance carriers remains pending. | |||||||||||||||||||||
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, but 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 companies in a contribution and cost recovery action for alleged pollution. The suit, pending in Michigan, asks that the Company pay a "fair portion" of these companies’ costs, which are represented in the complaint as $79 million to date; various removal and remedial actions remain to be performed at the Kalamazoo River site, the costs for which have not been determined. The suit alleges that the Company is liable 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,” at least as of March 1969. PCB-containing carbonless copy paper was produced from approximately 1954 to April 1971. The Court did not determine NCR’s share of the overall liability or how NCR’s liability relates to the liability of other liable or potentially liable parties at the site. The amount of damages, if any, will be litigated in a subsequent phase of the case, with trial scheduled to commence on July 28, 2015. If the Company is found liable for money damages with respect to the Kalamazoo River site, it would have claims against API and BAT under the Cost Sharing Agreement, arbitration award and judgment discussed above in connection with the Fox River matter and against AT&T and Alcatel-Lucent. | |||||||||||||||||||||
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. 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 Consolidated Financial Statements are the estimated gross undiscounted amounts of such liabilities, without deductions for insurance, third-party indemnity claims or recoveries from other PRPs, except as qualified in the following sentences. Except for the sharing agreement with API described above with respect to a particular insurance settlement, in those cases where insurance carriers or third-party indemnitors have agreed to pay any amounts and management believes that collectibility of such amounts is probable, the amounts are recorded in the Consolidated Financial Statements. For the Fox River site, as described above, assets relating to the AT&T and Alcatel-Lucent indemnity and to the API/BAT joint and several obligation are recorded as payment is supported by contractual agreements, public filings and/or payment history. | |||||||||||||||||||||
Guarantees and Product Warranties Guarantees associated with NCR’s business activities are reviewed for appropriateness and impact to the Company’s financial statements. As of December 31, 2013 and 2012, NCR had no material obligations related to such guarantees, and therefore its 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 years ended December 31 as follows: | |||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||||||||||
Warranty reserve liability | |||||||||||||||||||||
Beginning balance as of January 1 | $ | 26 | $ | 23 | $ | 24 | |||||||||||||||
Accruals for warranties issued | 39 | 46 | 42 | ||||||||||||||||||
Settlements (in cash or in kind) | (43 | ) | (43 | ) | (43 | ) | |||||||||||||||
Ending balance as of December 31 | $ | 22 | $ | 26 | $ | 23 | |||||||||||||||
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. | |||||||||||||||||||||
Leases NCR conducts certain of its sales and manufacturing operations using leased facilities, and also operates certain equipment and vehicles under leases, the initial lease terms of which vary in length. Many of the leases contain renewal options and escalation clauses that are not material to the overall lease portfolio. Future minimum lease payments under non-cancelable operating leases as of December 31, 2013, for the following fiscal years were: | |||||||||||||||||||||
In millions | 2014 | 2015 | 2016 | 2017 | 2018 | ||||||||||||||||
Minimum lease obligations | $ | 94 | $ | 67 | $ | 44 | $ | 21 | $ | 9 | |||||||||||
Total rental expense for operating leases was $118 million in 2013, $102 million in 2012, and $100 million in 2011. |
Derivatives_and_Hedging_Instru
Derivatives and Hedging Instruments | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||||||
Derivative Instrument Detail [Abstract] | ' | |||||||||||||||||||||||||||||||||||||||
Derivatives and Hedging Instruments | ' | |||||||||||||||||||||||||||||||||||||||
11. 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 revenues occur outside the United States (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 Consolidated Balance Sheets. The Company designates foreign exchange contracts as cash flow hedges of forecasted inter-company inventory purchases 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. As these transactions are firmly committed and forecasted, the related foreign exchange contracts are designated as highly effective cash flow hedges. The gains or losses on these hedges are deferred in AOCI and reclassified to income when the underlying hedged transaction has been completed and is recorded in earnings. As of December 31, 2013, the balance in AOCI related to foreign exchange derivative transactions was zero. 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. | ||||||||||||||||||||||||||||||||||||||||
Interest Rate Risk The Company is party to an interest rate swap agreement that fixes the interest rate on a portion of the Company's LIBOR indexed floating rate borrowings under its Senior Secured Credit Facility through August 22, 2016. The notional amount of the interest rate swap as of December 31, 2013 was $518 million and amortizes to $341 million over the term. The Company designates the interest rate swap as a cash flow hedge of forecasted quarterly interest payments made on three-month LIBOR indexed borrowings under the Senior Secured Credit Facility. The interest rate swap was determined to be highly effective at inception. | ||||||||||||||||||||||||||||||||||||||||
Our risk management strategy includes hedging a portion of our forecasted interest payments. These transactions are firmly committed and forecasted and the related interest rate swap agreement is designated as a highly effective cash flow hedge. The gains or losses on this hedge are deferred in AOCI and reclassified to income when the underlying hedged transaction has been completed and is recorded in earnings. As of December 31, 2013, the balance in AOCI related to the interest rate swap agreement was a loss of $5 million, net of tax. The gains or losses from this derivative contract related to interest payments are recorded in interest expense when the interest is accrued and affects earnings. | ||||||||||||||||||||||||||||||||||||||||
The following tables provide information on the location and amounts of derivative fair values in the Consolidated Balance Sheets: | ||||||||||||||||||||||||||||||||||||||||
Fair Values of Derivative Instruments | ||||||||||||||||||||||||||||||||||||||||
December 31, 2013 | December 31, 2013 | |||||||||||||||||||||||||||||||||||||||
In millions | Balance Sheet | Notional | Fair | Balance Sheet | Notional | Fair | ||||||||||||||||||||||||||||||||||
Location | Amount | Value | Location | Amount | Value | |||||||||||||||||||||||||||||||||||
Derivatives designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | Other current assets | $ | — | $ | — | Other current liabilities and other liabilities * | $ | 518 | $ | 10 | ||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | 103 | 1 | Other current liabilities | — | — | ||||||||||||||||||||||||||||||||||
Total derivatives designated as hedging instruments | $ | 1 | $ | 10 | ||||||||||||||||||||||||||||||||||||
Derivatives not designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | $ | 162 | $ | 1 | Other current liabilities | $ | 158 | $ | 1 | ||||||||||||||||||||||||||||||
Total derivatives not designated as hedging instruments | $ | 1 | $ | 1 | ||||||||||||||||||||||||||||||||||||
Total derivatives | $ | 2 | $ | 11 | ||||||||||||||||||||||||||||||||||||
Fair Values of Derivative Instruments | ||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | December 31, 2012 | |||||||||||||||||||||||||||||||||||||||
In millions | Balance Sheet | Notional | Fair | Balance Sheet | Notional | Fair | ||||||||||||||||||||||||||||||||||
Location | Amount | Value | Location | Amount | Value | |||||||||||||||||||||||||||||||||||
Derivatives designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | Other current assets | $ | — | $ | — | Other current liabilities and other liabilities * | $ | 560 | $ | 16 | ||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | 28 | — | Other current liabilities | 72 | 1 | ||||||||||||||||||||||||||||||||||
Total derivatives designated as hedging instruments | $ | — | $ | 17 | ||||||||||||||||||||||||||||||||||||
Derivatives not designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | $ | 169 | $ | 1 | Other current liabilities | $ | 245 | $ | 3 | ||||||||||||||||||||||||||||||
Total derivatives not designated as hedging instruments | $ | 1 | $ | 3 | ||||||||||||||||||||||||||||||||||||
Total derivatives | $ | 1 | $ | 20 | ||||||||||||||||||||||||||||||||||||
* As of December 31, 2013, approximately $3 million was recorded in other current liabilities and $7 million was recorded in other liabilities related to the interest rate swap. As of December 31, 2012, approximately $5 million was recorded in other current liabilities and $11 million was recorded in other liabilities related to the interest rate swap. | ||||||||||||||||||||||||||||||||||||||||
The effect of derivative instruments on the Consolidated Statement of Operations for the years ended December 31 were as follows: | ||||||||||||||||||||||||||||||||||||||||
In millions | Amount of Gain (Loss) | Amount of Gain (Loss) | Amount of Gain (Loss) | |||||||||||||||||||||||||||||||||||||
Recognized in Other Comprehensive Income (OCI) on | Reclassified from | Recognized in the | ||||||||||||||||||||||||||||||||||||||
Derivative | AOCI | Consolidated | ||||||||||||||||||||||||||||||||||||||
(Effective Portion) | into the Consolidated | Statement of | ||||||||||||||||||||||||||||||||||||||
Statement of Operations | Operations | |||||||||||||||||||||||||||||||||||||||
(Effective Portion) | (Ineffective Portion and | |||||||||||||||||||||||||||||||||||||||
Amount Excluded from | ||||||||||||||||||||||||||||||||||||||||
Effectiveness Testing) | ||||||||||||||||||||||||||||||||||||||||
Derivatives in | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | Location of | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | Location of | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | |||||||||||||||||||||||||||||
Cash Flow | Gain (Loss) | Gain (Loss) | ||||||||||||||||||||||||||||||||||||||
Hedging | Reclassified from | Recognized | ||||||||||||||||||||||||||||||||||||||
Relationships | AOCI into the | in the | ||||||||||||||||||||||||||||||||||||||
Consolidated | Consolidated | |||||||||||||||||||||||||||||||||||||||
Statement of | Statement of | |||||||||||||||||||||||||||||||||||||||
Operations | Operations | |||||||||||||||||||||||||||||||||||||||
(Effective Portion) | (Ineffective | |||||||||||||||||||||||||||||||||||||||
Portion and Amount | ||||||||||||||||||||||||||||||||||||||||
Excluded from | ||||||||||||||||||||||||||||||||||||||||
Effectiveness Testing) | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | $ | — | $ | (12 | ) | $ | (9 | ) | Interest expense | $ | (7 | ) | $ | (5 | ) | $ | (1 | ) | Interest expense | $ | — | $ | — | $ | — | |||||||||||||||
Foreign exchange contracts | $ | 2 | $ | (2 | ) | $ | (3 | ) | Cost of | $ | 1 | $ | 4 | $ | (3 | ) | Other (expense) income, net | $ | — | $ | — | $ | 1 | |||||||||||||||||
Products | ||||||||||||||||||||||||||||||||||||||||
In millions | Amount of Gain (Loss) Recognized in the Consolidated | |||||||||||||||||||||||||||||||||||||||
Statement of Operations | ||||||||||||||||||||||||||||||||||||||||
Derivatives not Designated as Hedging Instruments | Location of Gain (Loss) Recognized in the Consolidated Statement of Operations | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | ||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other (expense) income, net | $ | (19 | ) | $ | (8 | ) | $ | 6 | |||||||||||||||||||||||||||||||
Refer to Note 12, "Fair Value of Assets and Liabilities" 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 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 potential losses are adequate. As of December 31, 2013 and 2012, NCR did not have any major concentration of credit risk related to financial instruments. |
Fair_Value_of_Assets_and_Liabi
Fair Value of Assets and Liabilities | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Fair Value of Assets and Liabilities | ' | |||||||||||||||
12. 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 December 31, 2013 and 2012 are set forth as follows: | ||||||||||||||||
Fair Value Measurements at Reporting Date Using | ||||||||||||||||
In millions | Fair Value as of December 31, 2013 | Quoted Prices | Significant | Significant | ||||||||||||
in Active | Other | Unobservable | ||||||||||||||
Markets for | Observable | Inputs | ||||||||||||||
Identical Assets | Inputs | (Level 3) | ||||||||||||||
(Level 1) | (Level 2) | |||||||||||||||
Assets: | ||||||||||||||||
Deposits held in money market mutual funds* | $ | 9 | $ | 9 | $ | — | $ | — | ||||||||
Available for sale securities** | 8 | 8 | — | — | ||||||||||||
Foreign exchange contracts *** | 2 | — | 2 | — | ||||||||||||
Total | $ | 19 | $ | 17 | $ | 2 | $ | — | ||||||||
Liabilities: | ||||||||||||||||
Interest rate swap **** | $ | 10 | $ | — | $ | 10 | $ | — | ||||||||
Foreign exchange contracts**** | 1 | — | 1 | — | ||||||||||||
Total | $ | 11 | $ | — | $ | 11 | $ | — | ||||||||
Fair Value Measurements at Reporting Date Using | ||||||||||||||||
In millions | Fair Value as of December 31, 2012 | Quoted Prices | Significant | Significant | ||||||||||||
in Active | Other | Unobservable | ||||||||||||||
Markets for | Observable | Inputs | ||||||||||||||
Identical Assets | Inputs | (Level 3) | ||||||||||||||
(Level 1) | (Level 2) | |||||||||||||||
Assets: | ||||||||||||||||
Deposits held in money market mutual funds* | $ | 527 | $ | 527 | $ | — | $ | — | ||||||||
Available for sale securities** | 11 | 11 | — | — | ||||||||||||
Foreign exchange contracts *** | 1 | — | 1 | — | ||||||||||||
Total | $ | 539 | $ | 538 | $ | 1 | $ | — | ||||||||
Liabilities: | ||||||||||||||||
Interest rate swap **** | $ | 16 | $ | — | $ | 16 | $ | — | ||||||||
Foreign exchange contracts**** | 4 | — | 4 | — | ||||||||||||
Total | $ | 20 | $ | — | $ | 20 | $ | — | ||||||||
_____________ | ||||||||||||||||
* Included in Cash and cash equivalents in the Consolidated Balance Sheets. | ||||||||||||||||
** Included in Other assets in the Consolidated Balance Sheets. | ||||||||||||||||
*** Included in Other current assets in the Consolidated Balance Sheets. | ||||||||||||||||
**** Included in Other current liabilities and Other liabilities in the 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 which 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. | ||||||||||||||||
Available-For-Sale Securities - The Company has investments in mutual funds and equity securities that are valued using the market approach with quotations from the NASDAQ stock exchange and two stock exchanges in Japan. As a result, available-for-sale securities are classified within Level 1 of the valuation hierarchy. | ||||||||||||||||
Interest rate swap - As a result of our Senior Secured Credit Facility, we are exposed to risk from changes in LIBOR, which may adversely affect our financial condition. To manage our exposure and mitigate the impact of changes in LIBOR on our financial results, we hedge a portion of our forecasted interest payments through the use of an interest rate swap agreement. The interest rate swap is valued using the income approach inclusive of nonperformance and counterparty risk considerations and is 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 within Level 2 of the valuation hierarchy. | ||||||||||||||||
Assets Measured at Fair Value on a Non-recurring Basis | ||||||||||||||||
Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). NCR measures certain assets, including intangible assets and cost and equity method investments, at fair value on a non-recurring basis. These assets are recognized at fair value when initially valued and when deemed to be impaired. | ||||||||||||||||
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. NCR carries equity investments in privately-held companies at cost or at fair value when NCR recognizes an other-than-temporary impairment charge. During 2012, we measured the fair value of an investment utilizing the income approach based on the use of discounted cash flows. The discounted cash flows are based on unobservable inputs, including assumptions of projected revenues, expenses, earnings, capital spending, as well as a discount rate determined by management's estimates of risk associated with the investment. As a result, the year ended December 31, 2012, we recorded an other-than-temporary impairment charge of $7 million in Other (expense) income, net in the Consolidated Statements of Operations based on Level 3 valuations. |
Segment_Information_and_Concen
Segment Information and Concentrations | 12 Months Ended | |||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||
Segment Information and Concentrations [Abstract] | ' | |||||||||||||||||||||
Segment Information and Concentrations | ' | |||||||||||||||||||||
13. SEGMENT INFORMATION AND CONCENTRATIONS | ||||||||||||||||||||||
Operating Segment Information The Company manages and reports its businesses in the following four segments: | ||||||||||||||||||||||
• | Financial Services - 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 and cash management and video banking software, and related installation, maintenance and managed and professional services. We also offer a complete line of printer consumables. | |||||||||||||||||||||
• | Retail Solutions - We offer solutions to customers in the retail industry designed to improve selling productivity and checkout processes as well as increase service levels. These solutions primarily include retail-oriented technologies, such as point of sale terminals and point of sale software, bar-code scanners, as well as innovative self-service kiosks, such as self-checkout. We also offer installation, maintenance, and managed and professional services and a complete line of printer consumables. | |||||||||||||||||||||
• | Hospitality - We offer technology solutions to customers in the hospitality industry, serving businesses that range from a single store or restaurant to global chains and sports and entertainment venues. Our solutions include point of sale hardware and software solutions, installation, maintenance, and managed and professional services and a complete line of printer consumables. | |||||||||||||||||||||
• | Emerging Industries - We offer maintenance as well as managed and professional services for third-party computer hardware provided to select manufacturers, primarily in the telecommunications industry, who value and leverage our global service capability. Also included in our Emerging Industries segment are solutions designed to enhance the customer experience for the travel and gaming industries, including self-service kiosks, as well as related installation, maintenance, and managed and professional services. | |||||||||||||||||||||
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, and 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. | ||||||||||||||||||||||
In recognition of the volatility of the effects of pension expense on our segment results, and to maintain operating focus on business performance, pension expense, as well as other significant, non-recurring 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 to income from operations. | ||||||||||||||||||||||
The following table presents revenue and operating income by segment for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||||||||||
Revenue by segment | ||||||||||||||||||||||
Financial Services | $ | 3,115 | $ | 3,201 | $ | 2,999 | ||||||||||||||||
Retail Solutions(1) | 2,034 | 1,667 | 1,778 | |||||||||||||||||||
Hospitality(2) | 626 | 522 | 141 | |||||||||||||||||||
Emerging Industries | 348 | 340 | 373 | |||||||||||||||||||
Consolidated revenue | 6,123 | 5,730 | 5,291 | |||||||||||||||||||
Operating income by segment | ||||||||||||||||||||||
Financial Services | 356 | 327 | 313 | |||||||||||||||||||
Retail Solutions(1) | 205 | 102 | 71 | |||||||||||||||||||
Hospitality(2) | 100 | 85 | 22 | |||||||||||||||||||
Emerging Industries | 56 | 75 | 77 | |||||||||||||||||||
Subtotal - segment operating income | 717 | 589 | 483 | |||||||||||||||||||
Pension (benefit) expense | (78 | ) | (224 | ) | 582 | |||||||||||||||||
Other adjustments(3) | 129 | 65 | 49 | |||||||||||||||||||
Income (loss) from operations | $ | 666 | $ | 748 | $ | (148 | ) | |||||||||||||||
-1 | From the acquisition date of February 6, 2013 through December 31, 2013, Retalix contributed $298 million in revenue and $53 million in segment operating income to the Retail Solutions segment. | |||||||||||||||||||||
-2 | The acquisition of Radiant was completed on August 24, 2011. Because the transaction was completed during 2011, the revenue and operating income results reflected for the Hospitality segment are partial, and reflect only the period from August 25, 2011 through December 31, 2011. | |||||||||||||||||||||
-3 | Other adjustments for the twelve months ended December 31, 2013 include $46 million of acquisition-related costs, $65 million of acquisition-related amortization of intangible assets, $15 million of acquisition-related purchase price adjustments, and $3 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2012, other adjustments include $23 million of acquisition-related costs, $38 million of acquisition-related amortization of intangible assets and $4 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2011, other adjustments include $37 million of acquisition-related costs and $12 million of acquisition-related amortization of intangible assets. | |||||||||||||||||||||
The following table presents revenue from products and services for NCR for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||||||||||
Product revenue | $ | 2,912 | $ | 2,854 | $ | 2,592 | ||||||||||||||||
Professional and installation services revenue | 1,259 | 927 | 764 | |||||||||||||||||||
Total solution revenue | 4,171 | 3,781 | 3,356 | |||||||||||||||||||
Support services revenue | 1,952 | 1,949 | 1,935 | |||||||||||||||||||
Total revenue | $ | 6,123 | $ | 5,730 | $ | 5,291 | ||||||||||||||||
Revenues are attributed to the geographic area/country to which the product is delivered or in which the service is provided. The following table presents revenue by geographic area for NCR for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | % | 2012 | % | 2011 | % | ||||||||||||||||
Revenue by Geographic Area | ||||||||||||||||||||||
United States | $ | 2,383 | 39 | % | $ | 2,198 | 38 | % | $ | 1,914 | 36 | % | ||||||||||
Americas (excluding United States) | 647 | 11 | % | 625 | 11 | % | 534 | 10 | % | |||||||||||||
Europe | 1,492 | 24 | % | 1,459 | 26 | % | 1,421 | 27 | % | |||||||||||||
Asia Middle East Africa | 1,601 | 26 | % | 1,448 | 25 | % | 1,422 | 27 | % | |||||||||||||
Consolidated revenue | $ | 6,123 | 100 | % | $ | 5,730 | 100 | % | $ | 5,291 | 100 | % | ||||||||||
The following table presents property, plant and equipment by geographic area as of December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||
Property, plant and equipment, net | ||||||||||||||||||||||
United States | $ | 153 | $ | 147 | ||||||||||||||||||
Americas (excluding United States) | 22 | 23 | ||||||||||||||||||||
Europe | 56 | 42 | ||||||||||||||||||||
Japan | 41 | 51 | ||||||||||||||||||||
Asia Middle East Africa (excluding Japan) | 80 | 45 | ||||||||||||||||||||
Consolidated property, plant and equipment, net | $ | 352 | $ | 308 | ||||||||||||||||||
Concentrations No single customer accounts for more than 10% of NCR’s consolidated revenue. As of December 31, 2013, NCR is not aware of any significant concentration of business transacted with a particular customer that could, if suddenly eliminated, have a material adverse effect on NCR’s operations. NCR also lacks a concentration of available sources of labor, services, licenses or other rights that could, if suddenly eliminated, have a material adverse effect on its operations. | ||||||||||||||||||||||
A number of NCR’s products, systems and solutions rely primarily on specific suppliers for microprocessors and other component products, manufactured assemblies, operating systems, commercial software and other central components. NCR also utilizes contract manufacturers in order to complete manufacturing activities. There can be no assurances that any sudden impact to the availability or cost of these technologies or services would not have a material adverse effect on NCR’s operations. | ||||||||||||||||||||||
Discontinued_Operations
Discontinued Operations | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Discontinued Operations and Disposal Groups [Abstract] | ' | |||||||||||||||||||||||
Discontinued Operations | ' | |||||||||||||||||||||||
14. DISCONTINUED OPERATIONS | ||||||||||||||||||||||||
Income (loss) from discontinued operations, net of tax includes activity related to environmental matters, the divestiture of our Entertainment business, the spin-off of Teradata Data Warehousing (Teradata), the closure of NCR's EFT payment processing business in Canada, and the divestiture of our healthcare solutions business. | ||||||||||||||||||||||||
The income (loss) from discontinued operations for the years ended December 31 was: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Pre - Tax | Net of Tax | Pre - Tax | Net of Tax | Pre - Tax | Net of Tax | |||||||||||||||||||
Environmental matters | $ | (15 | ) | $ | (9 | ) | $ | 3 | $ | 2 | $ | 3 | $ | 2 | ||||||||||
Divestiture of the Entertainment business | — | — | (6 | ) | (4 | ) | (147 | ) | (96 | ) | ||||||||||||||
Spin-off of Teradata | — | — | — | 8 | — | 6 | ||||||||||||||||||
Closure of the EFT Canadian business | — | — | — | — | (2 | ) | (1 | ) | ||||||||||||||||
Divestiture of the Healthcare business | — | — | — | — | (5 | ) | (4 | ) | ||||||||||||||||
Total | $ | (15 | ) | $ | (9 | ) | $ | (3 | ) | $ | 6 | $ | (151 | ) | $ | (93 | ) | |||||||
Environmental Matters For the year ended December 31, 2013, loss from discontinued operations primarily includes changes in estimates related to the Fox River reserve in addition to accruals for litigation fees related to the Kalamazoo River environmental matter, partially offset by recoveries from insurance carriers. For the year ended December 31, 2012, income from discontinued operations primarily includes previously agreed settlements with insurance carriers related to the Fox River matter. For the year ended December 31, 2011, loss from discontinued operations included an accrual for an environmental matter in Japan, which relates to anticipated future disposal requirements of certain materials generated by a former NCR manufacturing facility in that country, and accruals for litigation fees related to the Kalamazoo River environmental matter. These accruals were offset by Fox River related activities which include scheduled payments from an insurer in connection with a settlement that had been agreed to in prior years coupled with the favorable impact of changes in estimates and assumptions of the total costs. Refer to Note 10, "Commitments and Contingencies" for additional information regarding the Fox River environmental matter. | ||||||||||||||||||||||||
Divestiture of the Entertainment Business As described in Note 4, "Business Combinations and Divestitures" on June 22, 2012, we sold certain assets of our Entertainment business. Beginning in the first quarter of 2012, we accounted for the Entertainment business as a discontinued operation and as a result, for each period presented, the results of operations and cash flows of the Entertainment business have been presented as a discontinued operation. For the year ended December 31, 2012, income (loss) from discontinued operations included the results of operations of the Entertainment business, as well as a $33 million, or $21 million net of tax, gain from the divestiture of the business. | ||||||||||||||||||||||||
Spin-off of Teradata On September 30, 2007, NCR completed the spin-off of Teradata through the distribution of a tax-free stock dividend to NCR stockholders. The results of operations and cash flows of Teradata have been presented as a discontinued operation. There was no operating activity related to the spin-off of Teradata in 2013, 2012 and 2011. For the years ended December 31, 2012 and 2011, income from discontinued operations, net of tax, related to favorable changes in uncertain tax benefits attributable to Teradata. | ||||||||||||||||||||||||
Closure of the Canadian EFT Business In the second quarter of 2011, we closed our EFT payment processing business in Canada. For each of the years presented, we have included the results of operations of the EFT business under loss from discontinued operations. | ||||||||||||||||||||||||
Divestiture of our Healthcare Solutions Business In December 2011, we sold our healthcare solutions business. For each of the years presented, we have included the results of operations of the healthcare solutions business under loss from discontinued operations. |
Accumulated_Other_Comprehensiv
Accumulated Other Comprehensive Income (Loss) (Notes) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Accumulated Other Comprehensive Income (Loss) [Abstract] | ' | |||||||||||||||
Accumulated Other Comprehensive Income (Loss) [Text Block] | ' | |||||||||||||||
15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | ||||||||||||||||
Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component | ||||||||||||||||
In millions | Foreign Currency Translation Adjustments | Employee Benefit Plan Adjustments | Changes in Fair Value of Effective Cash Flow Hedges | Changes in Fair Value of Available for Sale Securities | Total | |||||||||||
Balance at December 31, 2012 | $ | (6 | ) | $ | (22 | ) | $ | (10 | ) | $ | 1 | $ | (37 | ) | ||
Other comprehensive (loss) income before reclassifications | (46 | ) | 50 | 1 | 2 | 7 | ||||||||||
Amounts reclassified from accumulated other comprehensive (loss) income | — | (12 | ) | 4 | — | (8 | ) | |||||||||
Net current period other comprehensive (loss) income | (46 | ) | 38 | 5 | 2 | (1 | ) | |||||||||
Balance at December 31, 2013 | $ | (52 | ) | $ | 16 | $ | (5 | ) | $ | 3 | $ | (38 | ) | |||
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) | ||||||||||||||||
The reclassifications from AOCI are summarized as follows: | ||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||
Employee benefit plans | ||||||||||||||||
In millions | Actuarial losses recognized | Amortization of prior service benefit | Effective Cash Flow Hedges | Total | ||||||||||||
Affected line in Consolidated Statement of Operations: | ||||||||||||||||
Cost of products | $ | — | $ | (2 | ) | $ | (1 | ) | $ | (3 | ) | |||||
Cost of services | 5 | (15 | ) | — | (10 | ) | ||||||||||
Selling, general and administrative expenses | 2 | (9 | ) | — | (7 | ) | ||||||||||
Research and development expenses | 1 | (4 | ) | — | (3 | ) | ||||||||||
Interest expense | — | — | 7 | 7 | ||||||||||||
Total before tax | $ | 8 | $ | (30 | ) | $ | 6 | $ | (16 | ) | ||||||
Tax expense | 8 | |||||||||||||||
Total reclassifications, net of tax | $ | (8 | ) |
Guarantor_Financial_Statements
Guarantor Financial Statements (Notes) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Guarantor Financials [Abstract] | ' | |||||||||||||||||||
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | ' | |||||||||||||||||||
16. CONDENSED CONSOLIDATING SUPPLEMENTAL GUARANTOR INFORMATION | ||||||||||||||||||||
During 2012, the Company issued 5.00% senior unsecured notes due in 2022 ("5.00% Notes") and 4.625% senior unsecured notes due in 2021 (the "4.625% Notes"). During 2013, the Company, through its newly formed wholly owned subsidiary, NCR Escrow Corp., issued 5.875% senior unsecured notes due in 2021 ("5.875% Notes") and 6.375% senior unsecured notes due in 2023 ("6.375% Notes"). Each series of these senior unsecured notes is guaranteed by the Company's 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 the senior unsecured notes. Effective December 31, 2013, Radiant Systems, Inc., formerly a subsidiary guarantor of these senior unsecured notes, was merged with and into NCR Corporation. Therefore, Radiant Systems, Inc. is included within Issuers in the accompanying Condensed Consolidating Financial Statements. The Company has reclassified prior period amounts to conform to current period presentation. Refer to Note 6, "Debt Obligations," and Note 18, "Subsequent Events," for additional disclosures. | ||||||||||||||||||||
Pursuant to the registration rights agreements entered into in connection with the offerings of the 5.00% and 4.625% Notes, the Company completed registered offers to exchange the 5.00% and 4.625% Notes on May 30, 2013. | ||||||||||||||||||||
In connection with the offerings of the 5.875% and 6.375% Notes, the Company and the Guarantor Subsidiary and Radiant Systems Inc. entered into registration rights agreements with the initial purchasers of such Notes. Each registration rights agreement requires the Company and the Guarantor Subsidiary, at their cost, to among other things, use their commercially reasonable efforts to file a registration statement with respect to a registered offer to exchange the senior unsecured notes subject to such registration rights agreement for new notes that are guaranteed by the Guarantor Subsidiary with terms substantially identical in all material respects to the senior unsecured notes subject to such registration statement. | ||||||||||||||||||||
In connection with the registration statements for the exchange offers of the 5.00% and 4.625% Notes and the filing of the registration statements for the 5.875% and 6.375% Notes, the Company is required to comply with Rule 3-10 of SEC Regulation S-X (Rule 3-10), and has therefore included the accompanying Condensed Consolidating Financial Statements in accordance with Rule 3-10(f) of SEC Regulation S-X. | ||||||||||||||||||||
The following supplemental information sets forth, on a consolidating basis, the statements of operations and comprehensive income (loss), the balance sheets and the statements of cash flows for the issuers of these senior unsecured notes, for the Guarantor Subsidiary and for the Company and all of its consolidated subsidiaries (amounts in millions): | ||||||||||||||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||||||
In millions | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,107 | $ | 85 | $ | 1,977 | $ | (257 | ) | $ | 2,912 | |||||||||
Service revenue | 1,232 | 24 | 1,955 | — | 3,211 | |||||||||||||||
Total revenue | 2,339 | 109 | 3,932 | (257 | ) | 6,123 | ||||||||||||||
Cost of products | 844 | 17 | 1,548 | (257 | ) | 2,152 | ||||||||||||||
Cost of services | 880 | 9 | 1,342 | — | 2,231 | |||||||||||||||
Selling, general and administrative expenses | 467 | 5 | 399 | — | 871 | |||||||||||||||
Research and development expenses | 94 | — | 109 | — | 203 | |||||||||||||||
Total operating expenses | 2,285 | 31 | 3,398 | (257 | ) | 5,457 | ||||||||||||||
Income (loss) from operations | 54 | 78 | 534 | — | 666 | |||||||||||||||
Interest expense | (104 | ) | 2 | (6 | ) | 5 | (103 | ) | ||||||||||||
Other (expense) income, net | (12 | ) | (8 | ) | 16 | (5 | ) | (9 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | (62 | ) | 72 | 544 | — | 554 | ||||||||||||||
Income tax expense (benefit) | (23 | ) | 25 | 96 | — | 98 | ||||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | (39 | ) | 47 | 448 | — | 456 | ||||||||||||||
Equity in earnings of consolidated subsidiaries | 491 | 409 | — | (900 | ) | — | ||||||||||||||
Income (loss) from continuing operations | 452 | 456 | 448 | (900 | ) | 456 | ||||||||||||||
Income (loss) from discontinued operations, net of tax | (9 | ) | — | — | — | (9 | ) | |||||||||||||
Net income (loss) | $ | 443 | $ | 456 | $ | 448 | $ | (900 | ) | $ | 447 | |||||||||
Net (loss) income attributable to noncontrolling interests | — | — | 4 | — | 4 | |||||||||||||||
Net income (loss) attributable to NCR | $ | 443 | $ | 456 | $ | 444 | $ | (900 | ) | $ | 443 | |||||||||
Total comprehensive income (loss) | 442 | 331 | 437 | (771 | ) | 439 | ||||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | (3 | ) | — | (3 | ) | |||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 442 | $ | 331 | $ | 440 | $ | (771 | ) | $ | 442 | |||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2012 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,155 | $ | 112 | $ | 1,869 | $ | (282 | ) | $ | 2,854 | |||||||||
Service revenue | 1,180 | 25 | 1,671 | — | 2,876 | |||||||||||||||
Total revenue | 2,335 | 137 | 3,540 | (282 | ) | 5,730 | ||||||||||||||
Cost of products | 865 | 31 | 1,530 | (282 | ) | 2,144 | ||||||||||||||
Cost of services | 682 | 11 | 1,248 | — | 1,941 | |||||||||||||||
Selling, general and administrative expenses | 399 | 5 | 338 | — | 742 | |||||||||||||||
Research and development expenses | 66 | — | 89 | — | 155 | |||||||||||||||
Total operating expenses | 2,012 | 47 | 3,205 | (282 | ) | 4,982 | ||||||||||||||
Income (loss) from operations | 323 | 90 | 335 | — | 748 | |||||||||||||||
Interest expense | (46 | ) | (1 | ) | (4 | ) | 9 | (42 | ) | |||||||||||
Other (expense) income, net | (102 | ) | (3 | ) | 106 | (9 | ) | (8 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | 175 | 86 | 437 | — | 698 | |||||||||||||||
Income tax expense (benefit) | 93 | 61 | 69 | — | 223 | |||||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | 82 | 25 | 368 | — | 475 | |||||||||||||||
Equity in earnings of consolidated subsidiaries | 396 | 177 | — | (573 | ) | — | ||||||||||||||
Income (loss) from continuing operations | 478 | 202 | 368 | (573 | ) | 475 | ||||||||||||||
Income (loss) from discontinued operations, net of tax | 3 | — | 3 | — | 6 | |||||||||||||||
Net income (loss) | $ | 481 | $ | 202 | $ | 371 | $ | (573 | ) | $ | 481 | |||||||||
Net (loss) income attributable to noncontrolling interests | — | — | — | — | — | |||||||||||||||
Net income (loss) attributable to NCR | $ | 481 | $ | 202 | $ | 371 | $ | (573 | ) | $ | 481 | |||||||||
Total comprehensive income (loss) | 463 | 297 | 362 | (663 | ) | 459 | ||||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | (4 | ) | — | (4 | ) | |||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 463 | $ | 297 | $ | 366 | $ | (663 | ) | $ | 463 | |||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2011 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,043 | $ | 103 | $ | 1,705 | $ | (259 | ) | $ | 2,592 | |||||||||
Service revenue | 1,027 | 23 | 1,649 | — | 2,699 | |||||||||||||||
Total revenue | 2,070 | 126 | 3,354 | (259 | ) | 5,291 | ||||||||||||||
Cost of products | 820 | 22 | 1,439 | (259 | ) | 2,022 | ||||||||||||||
Cost of services | 1,044 | 11 | 1,263 | — | 2,318 | |||||||||||||||
Selling, general and administrative expenses | 530 | 6 | 354 | — | 890 | |||||||||||||||
Research and development expenses | 130 | — | 79 | — | 209 | |||||||||||||||
Total operating expenses | 2,524 | 39 | 3,135 | (259 | ) | 5,439 | ||||||||||||||
Income (loss) from operations | (454 | ) | 87 | 219 | — | (148 | ) | |||||||||||||
Interest expense | (18 | ) | (1 | ) | (6 | ) | 12 | (13 | ) | |||||||||||
Other (expense) income, net | (15 | ) | (9 | ) | 33 | (12 | ) | (3 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | (487 | ) | 77 | 246 | — | (164 | ) | |||||||||||||
Income tax expense (benefit) | (158 | ) | 46 | 46 | — | (66 | ) | |||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | (329 | ) | 31 | 200 | — | (98 | ) | |||||||||||||
Equity in earnings of consolidated subsidiaries | 234 | 184 | — | (418 | ) | — | ||||||||||||||
Income (loss) from continuing operations | (95 | ) | 215 | 200 | (418 | ) | (98 | ) | ||||||||||||
Income (loss) from discontinued operations, net of tax | (95 | ) | — | 2 | — | (93 | ) | |||||||||||||
Net income (loss) | $ | (190 | ) | $ | 215 | $ | 202 | $ | (418 | ) | $ | (191 | ) | |||||||
Net (loss) income attributable to noncontrolling interests | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Net income (loss) attributable to NCR | $ | (190 | ) | $ | 215 | $ | 203 | $ | (418 | ) | $ | (190 | ) | |||||||
Total comprehensive income (loss) | (171 | ) | 183 | 229 | (411 | ) | (170 | ) | ||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | 1 | — | 1 | |||||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | (171 | ) | $ | 183 | $ | 228 | $ | (411 | ) | $ | (171 | ) | |||||||
Consolidating Balance Sheet | ||||||||||||||||||||
31-Dec-13 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Assets | ||||||||||||||||||||
Current assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 75 | $ | 11 | $ | 442 | $ | — | $ | 528 | ||||||||||
Restricted cash | 1,114 | — | — | — | 1,114 | |||||||||||||||
Accounts receivable, net | 424 | 14 | 901 | — | 1,339 | |||||||||||||||
Inventories | 319 | 11 | 460 | — | 790 | |||||||||||||||
Due from affliates | 333 | 854 | 298 | (1,485 | ) | — | ||||||||||||||
Other current assets | 360 | 25 | 209 | (26 | ) | 568 | ||||||||||||||
Total current assets | 2,625 | 915 | 2,310 | (1,511 | ) | 4,339 | ||||||||||||||
Property, plant and equipment, net | 146 | 1 | 205 | — | 352 | |||||||||||||||
Goodwill | 872 | — | 662 | — | 1,534 | |||||||||||||||
Intangibles | 234 | — | 260 | — | 494 | |||||||||||||||
Prepaid pension cost | — | — | 478 | — | 478 | |||||||||||||||
Deferred income taxes | 321 | 68 | 52 | — | 441 | |||||||||||||||
Investments in subsidiaries | 2,665 | 1,927 | — | (4,592 | ) | — | ||||||||||||||
Due from affliates | 28 | 20 | 45 | (93 | ) | — | ||||||||||||||
Other assets | 334 | 40 | 96 | — | 470 | |||||||||||||||
Total assets | $ | 7,225 | $ | 2,971 | $ | 4,108 | $ | (6,196 | ) | $ | 8,108 | |||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||
Current liabilities | ||||||||||||||||||||
Short-term borrowings | $ | 28 | $ | — | $ | 6 | $ | — | $ | 34 | ||||||||||
Accounts payable | 254 | 1 | 415 | — | 670 | |||||||||||||||
Payroll and benefits liabilities | 78 | 1 | 112 | — | 191 | |||||||||||||||
Deferred service revenue and customer deposits | 155 | 12 | 358 | — | 525 | |||||||||||||||
Due to affliates | 1,007 | 123 | 355 | (1,485 | ) | — | ||||||||||||||
Other current liabilities | 219 | 7 | 261 | (26 | ) | 461 | ||||||||||||||
Total current liabilities | 1,741 | 144 | 1,507 | (1,511 | ) | 1,881 | ||||||||||||||
Long-term debt | 3,296 | — | 24 | — | 3,320 | |||||||||||||||
Pension and indemnity plan liabilities | 234 | — | 298 | — | 532 | |||||||||||||||
Postretirement and postemployment benefits liabilities | 25 | — | 144 | — | 169 | |||||||||||||||
Income tax accruals | 4 | 10 | 175 | — | 189 | |||||||||||||||
Environmental liabilities | 121 | — | — | — | 121 | |||||||||||||||
Due to affliates | 17 | 44 | 32 | (93 | ) | — | ||||||||||||||
Other liabilities | 18 | — | 81 | — | 99 | |||||||||||||||
Total liabilities | 5,456 | 198 | 2,261 | (1,604 | ) | 6,311 | ||||||||||||||
Redeemable noncontrolling interest | — | — | 14 | — | 14 | |||||||||||||||
Stockholders’ equity | ||||||||||||||||||||
Total NCR stockholders’ equity | 1,769 | 2,773 | 1,819 | (4,592 | ) | 1,769 | ||||||||||||||
Noncontrolling interests in subsidiaries | — | — | 14 | — | 14 | |||||||||||||||
Total stockholders’ equity | 1,769 | 2,773 | 1,833 | (4,592 | ) | 1,783 | ||||||||||||||
Total liabilities and stockholders’ equity | $ | 7,225 | $ | 2,971 | $ | 4,108 | $ | (6,196 | ) | $ | 8,108 | |||||||||
Consolidating Balance Sheet | ||||||||||||||||||||
31-Dec-12 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Assets | ||||||||||||||||||||
Current assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 571 | $ | 6 | $ | 492 | $ | — | $ | 1,069 | ||||||||||
Accounts receivable, net | 311 | 16 | 759 | — | 1,086 | |||||||||||||||
Inventories | 310 | 3 | 484 | — | 797 | |||||||||||||||
Due from affliates | 191 | 647 | 479 | (1,317 | ) | — | ||||||||||||||
Other current assets | 261 | 24 | 204 | (35 | ) | 454 | ||||||||||||||
Total current assets | 1,644 | 696 | 2,418 | (1,352 | ) | 3,406 | ||||||||||||||
Property, plant and equipment, net | 148 | 1 | 159 | — | 308 | |||||||||||||||
Goodwill | 841 | — | 162 | — | 1,003 | |||||||||||||||
Intangibles | 262 | — | 42 | — | 304 | |||||||||||||||
Prepaid pension cost | — | — | 368 | — | 368 | |||||||||||||||
Deferred income taxes | 403 | 59 | 70 | — | 532 | |||||||||||||||
Investments in subsidiaries | 1,857 | 569 | — | (2,426 | ) | — | ||||||||||||||
Due from affliates | 26 | 20 | 238 | (284 | ) | — | ||||||||||||||
Other assets | 334 | 27 | 87 | — | 448 | |||||||||||||||
Total assets | $ | 5,515 | $ | 1,372 | $ | 3,544 | $ | (4,062 | ) | $ | 6,369 | |||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||
Current liabilities | ||||||||||||||||||||
Short-term borrowings | $ | 71 | $ | — | $ | 1 | $ | — | $ | 72 | ||||||||||
Accounts payable | 225 | 1 | 385 | — | 611 | |||||||||||||||
Payroll and benefits liabilities | 93 | — | 93 | — | 186 | |||||||||||||||
Deferred service revenue and customer deposits | 121 | 13 | 321 | — | 455 | |||||||||||||||
Due to affliates | 775 | 12 | 530 | (1,317 | ) | — | ||||||||||||||
Other current liabilities | 184 | 13 | 256 | (35 | ) | 418 | ||||||||||||||
Total current liabilities | 1,469 | 39 | 1,586 | (1,352 | ) | 1,742 | ||||||||||||||
Long-term debt | 1,889 | — | 2 | — | 1,891 | |||||||||||||||
Pension and indemnity plan liabilities | 434 | 1 | 370 | — | 805 | |||||||||||||||
Postretirement and postemployment benefits liabilities | 79 | — | 167 | — | 246 | |||||||||||||||
Income tax accruals | 3 | 8 | 127 | — | 138 | |||||||||||||||
Environmental liabilities | 171 | — | — | — | 171 | |||||||||||||||
Due to affliates | 195 | 60 | 29 | (284 | ) | — | ||||||||||||||
Other liabilities | 23 | — | 56 | — | 79 | |||||||||||||||
Total liabilities | 4,263 | 108 | 2,337 | (1,636 | ) | 5,072 | ||||||||||||||
Redeemable noncontrolling interest | — | — | 15 | — | 15 | |||||||||||||||
Stockholders’ equity | ||||||||||||||||||||
Total NCR stockholders’ equity | 1,252 | 1,264 | 1,162 | (2,426 | ) | 1,252 | ||||||||||||||
Noncontrolling interests in subsidiaries | — | — | 30 | — | 30 | |||||||||||||||
Total stockholders’ equity | 1,252 | 1,264 | 1,192 | (2,426 | ) | 1,282 | ||||||||||||||
Total liabilities and stockholders’ equity | $ | 5,515 | $ | 1,372 | $ | 3,544 | $ | (4,062 | ) | $ | 6,369 | |||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-13 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | (7 | ) | $ | 15 | $ | 312 | $ | (39 | ) | $ | 281 | ||||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (35 | ) | (6 | ) | (75 | ) | — | (116 | ) | |||||||||||
Proceeds from sales of property, plant and equipment | 2 | — | 8 | — | 10 | |||||||||||||||
Additions to capitalized software | (81 | ) | — | (29 | ) | — | (110 | ) | ||||||||||||
Acquisitions | (207 | ) | — | (756 | ) | 183 | (780 | ) | ||||||||||||
Dispositions | — | — | 183 | (183 | ) | — | ||||||||||||||
Changes in restricted cash | (1,114 | ) | — | — | — | (1,114 | ) | |||||||||||||
Proceeds from (payments of) intercompany notes | (54 | ) | — | — | 54 | — | ||||||||||||||
Investments in subsidiaries | (308 | ) | (33 | ) | — | 341 | — | |||||||||||||
Other investing activities, net | 5 | — | — | — | 5 | |||||||||||||||
Net cash used in investing activities | (1,792 | ) | (39 | ) | (669 | ) | 395 | (2,105 | ) | |||||||||||
Financing activities | ||||||||||||||||||||
Tax withholding payments on behalf of employees | (30 | ) | — | — | — | (30 | ) | |||||||||||||
Proceeds from employee stock plans | 57 | — | — | — | 57 | |||||||||||||||
Equity contribution | — | 30 | 311 | (341 | ) | — | ||||||||||||||
Repayment of short term borrowings | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Payments on term credit facilities | (35 | ) | — | — | — | (35 | ) | |||||||||||||
Borrowings on term credit facilities | 300 | — | 29 | — | 329 | |||||||||||||||
Payments on revolving credit facility | (1,009 | ) | — | — | — | (1,009 | ) | |||||||||||||
Borrowings on revolving credit facility | 1,009 | — | — | — | 1,009 | |||||||||||||||
Proceeds from bond offerings | 1,100 | — | — | — | 1,100 | |||||||||||||||
Debt issuance costs | (36 | ) | — | — | — | (36 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | — | — | 54 | (54 | ) | — | ||||||||||||||
Purchase of noncontrolling interest | — | — | (24 | ) | — | (24 | ) | |||||||||||||
Dividend distribution to minority shareholder | — | — | (3 | ) | — | (3 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | — | (39 | ) | 39 | — | ||||||||||||||
Net cash provided by (used in) financing activities | 1,356 | 30 | 327 | (356 | ) | 1,357 | ||||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (52 | ) | — | — | — | (52 | ) | |||||||||||||
Net cash provided by (used in) investing activities | — | — | — | — | — | |||||||||||||||
Net cash used in discontinued operations | (52 | ) | — | — | — | (52 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | (1 | ) | (20 | ) | — | (22 | ) | |||||||||||
Increase (decrease) in cash and cash equivalents | (496 | ) | 5 | (50 | ) | — | (541 | ) | ||||||||||||
Cash and cash equivalents at beginning of period | 571 | 6 | 492 | — | 1,069 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 75 | $ | 11 | $ | 442 | $ | — | $ | 528 | ||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-12 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | (372 | ) | $ | (9 | ) | $ | 211 | $ | (10 | ) | $ | (180 | ) | ||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (44 | ) | — | (36 | ) | — | (80 | ) | ||||||||||||
Proceeds from sales of property, plant and equipment | — | — | 8 | — | 8 | |||||||||||||||
Additions to capitalized software | (63 | ) | — | (17 | ) | — | (80 | ) | ||||||||||||
Business acquisitions, net of cash acquired | (70 | ) | — | (38 | ) | — | (108 | ) | ||||||||||||
Proceeds from (payments of) intercompany notes | — | 96 | 11 | (107 | ) | — | ||||||||||||||
Investments in subsidiaries | (21 | ) | (90 | ) | — | 111 | — | |||||||||||||
Other investing activities, net | 4 | — | — | — | 4 | |||||||||||||||
Net cash used in investing activities | (194 | ) | 6 | (72 | ) | 4 | (256 | ) | ||||||||||||
Financing activities | ||||||||||||||||||||
Tax withholding payments on behalf of employees | (12 | ) | — | — | — | (12 | ) | |||||||||||||
Proceeds from employee stock plans | 53 | — | — | — | 53 | |||||||||||||||
Equity contribution | — | — | 111 | (111 | ) | — | ||||||||||||||
Borrowings on term credit facility | 150 | — | — | — | 150 | |||||||||||||||
Payments on revolving credit facility | (860 | ) | — | — | — | (860 | ) | |||||||||||||
Borrowings on revolving credit facility | 720 | — | — | — | 720 | |||||||||||||||
Proceeds from bond offerings | 1,100 | — | — | — | 1,100 | |||||||||||||||
Debt issuance costs | (19 | ) | — | — | — | (19 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | (11 | ) | — | (96 | ) | 107 | — | |||||||||||||
Dividend distribution to minority shareholder | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | (2 | ) | (8 | ) | 10 | — | |||||||||||||
Net cash provided by (used in) financing activities | 1,121 | (2 | ) | 6 | 6 | 1,131 | ||||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (114 | ) | — | — | — | (114 | ) | |||||||||||||
Net cash provided by (used in) investing activities | 99 | — | — | — | 99 | |||||||||||||||
Net cash used in discontinued operations | (15 | ) | — | — | — | (15 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | — | (8 | ) | — | (9 | ) | ||||||||||||
Increase (decrease) in cash and cash equivalents | 539 | (5 | ) | 137 | — | 671 | ||||||||||||||
Cash and cash equivalents at beginning of period | 32 | 11 | 355 | — | 398 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 571 | $ | 6 | $ | 492 | $ | — | $ | 1,069 | ||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-11 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | 390 | $ | (85 | ) | $ | 145 | $ | (62 | ) | $ | 388 | ||||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (31 | ) | — | (30 | ) | — | (61 | ) | ||||||||||||
Proceeds from sales of property, plant and equipment | — | — | 2 | — | 2 | |||||||||||||||
Additions to capitalized software | (46 | ) | — | (16 | ) | — | (62 | ) | ||||||||||||
Business acquisitions, net of cash acquired | (1,085 | ) | — | — | — | (1,085 | ) | |||||||||||||
Proceeds from (payments of) intercompany notes | 57 | 138 | (12 | ) | (183 | ) | — | |||||||||||||
Investments in subsidiaries | (11 | ) | — | — | 11 | — | ||||||||||||||
Net cash used in investing activities | (1,116 | ) | 138 | (56 | ) | (172 | ) | (1,206 | ) | |||||||||||
Financing activities | ||||||||||||||||||||
Repurchase of Company common stock | (70 | ) | — | — | — | (70 | ) | |||||||||||||
Excess tax benefit from stock based compensation | 1 | — | — | — | 1 | |||||||||||||||
Proceeds from employee stock plans | 18 | — | — | — | 18 | |||||||||||||||
Equity contribution | — | — | 11 | (11 | ) | — | ||||||||||||||
Borrowings on term credit facilities | 700 | — | — | — | 700 | |||||||||||||||
Payments on revolving credit facility | (260 | ) | — | — | — | (260 | ) | |||||||||||||
Borrowings on revolving credit facility | 400 | — | — | — | 400 | |||||||||||||||
Debt issuance costs | (29 | ) | — | — | — | (29 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | 11 | — | (194 | ) | 183 | — | ||||||||||||||
Proceeds from sale of noncontrolling interest | — | — | 43 | — | 43 | |||||||||||||||
Dividend distribution to minority shareholder | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | (51 | ) | (11 | ) | 62 | — | |||||||||||||
Net cash provided by (used in) financing activities | 771 | (51 | ) | (152 | ) | 234 | 802 | |||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (37 | ) | — | — | — | (37 | ) | |||||||||||||
Net cash provided by (used in) investing activities | (40 | ) | — | — | — | (40 | ) | |||||||||||||
Net cash used in discontinued operations | (77 | ) | — | — | — | (77 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | — | (4 | ) | — | (5 | ) | ||||||||||||
Increase (decrease) in cash and cash equivalents | (33 | ) | 2 | (67 | ) | — | (98 | ) | ||||||||||||
Cash and cash equivalents at beginning of period | 65 | 9 | 422 | — | 496 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 32 | $ | 11 | $ | 355 | $ | — | $ | 398 | ||||||||||
Quarterly_Information_unaudite
Quarterly Information (unaudited) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Quarterly Information | ' | ||||||||||||||||
17. QUARTERLY INFORMATION (unaudited) | |||||||||||||||||
In millions, except per share amounts | First | Second | Third | Fourth | |||||||||||||
2013 | |||||||||||||||||
Total revenue | $ | 1,410 | $ | 1,535 | $ | 1,508 | $ | 1,670 | |||||||||
Gross margin | 369 | 426 | 415 | 530 | |||||||||||||
Operating income | 85 | 139 | 145 | 297 | |||||||||||||
Income from continuing operations (attributable to NCR) | 62 | 86 | 98 | 206 | |||||||||||||
(Loss) from discontinued operations, net of tax | (1 | ) | — | — | (8 | ) | |||||||||||
Net income attributable to NCR | $ | 61 | $ | 86 | $ | 98 | $ | 198 | |||||||||
Income per share attributable to NCR common stockholders: | |||||||||||||||||
Income per common share from continuing operations | |||||||||||||||||
Basic | $ | 0.38 | $ | 0.52 | $ | 0.59 | $ | 1.24 | |||||||||
Diluted | $ | 0.37 | $ | 0.51 | $ | 0.58 | $ | 1.21 | |||||||||
Net income per common share: | |||||||||||||||||
Basic | $ | 0.37 | $ | 0.52 | $ | 0.59 | $ | 1.19 | |||||||||
Diluted | $ | 0.36 | $ | 0.51 | $ | 0.58 | $ | 1.16 | |||||||||
2012 | |||||||||||||||||
Total revenue | $ | 1,244 | $ | 1,409 | $ | 1,435 | $ | 1,642 | |||||||||
Gross margin | 315 | 374 | 382 | 574 | |||||||||||||
Operating income | 78 | 130 | 129 | 411 | |||||||||||||
Income from continuing operations (attributable to NCR) | 59 | 89 | 88 | 239 | |||||||||||||
(Loss) income from discontinued operations, net of tax | (9 | ) | 13 | (1 | ) | 3 | |||||||||||
Net income attributable to NCR | $ | 50 | $ | 102 | $ | 87 | $ | 242 | |||||||||
Income per share attributable to NCR common stockholders: | |||||||||||||||||
Income per common share from continuing operations | |||||||||||||||||
Basic | $ | 0.37 | $ | 0.56 | $ | 0.55 | $ | 1.49 | |||||||||
Diluted | $ | 0.36 | $ | 0.54 | $ | 0.53 | $ | 1.45 | |||||||||
Net income per common share: | |||||||||||||||||
Basic | $ | 0.32 | $ | 0.64 | $ | 0.55 | $ | 1.51 | |||||||||
Diluted | $ | 0.31 | $ | 0.62 | $ | 0.53 | $ | 1.47 | |||||||||
As described in Note 2, “Pension Benefit Plan Accounting Methodology Changes,” our results have been revised for the retrospective application of our accounting methodology for recognizing costs for all of our company-sponsored U.S. and international pension benefit plans. For the quarter ended December 31, 2012, operating loss was previously reported as $7 million, net loss attributable to NCR was previously reported as $20 million, and basic and diluted loss per share was previously reported as $0.12. For the quarter ended December 31, 2013, if we had not elected to change our accounting methodology, operating income would have been $124 million, net income attributable to NCR would have been $82 million, basic earnings per share would have been $0.49, and diluted earnings per share would have been $0.48. | |||||||||||||||||
Operating income for the quarter ended December 31, 2013 was impacted by actuarial gains related to the remeasurement of our pension plan assets and liabilities. The actuarial gains included in pension benefit recognized in the quarter ended December 31, 2013 increased operating income by $104 million, net income attributable to NCR by $73 million, basic earnings per share by $0.44, and diluted earnings per share by $0.43. | |||||||||||||||||
Operating income for the quarter ended December 31, 2012 was impacted by actuarial gains related to the remeasurement of our pension plan assets and liabilities. The actuarial gains included in pension benefit recognized in the quarter ended December 31, 2012 increased operating income by $262 million, net income attributable to NCR by $155 million, basic earnings per share by $0.97, and diluted earnings per share by $0.94. | |||||||||||||||||
Net income per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while net income per share for the full year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the four quarters’ net income per share will not necessarily equal the full-year net income per share. |
Subsequent_Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events | ' |
18. SUBSEQUENT EVENTS | |
Acquisition of Digital Insight Corporation On January 10, 2014, the Company completed its acquisition of Digital Insight Corporation, a leader in online and mobile banking solutions for a cash purchase price of approximately $1.65 billion. As a result of the acquisition, Digital Insight became an indirect wholly owned subsidiary of NCR. The transaction will be accounted for as a business combination. | |
The purchase price for Digital Insight was financed using the aggregate principal amount from the December 2013 offering by NCR Escrow Corp. of $400 million aggregate principal amount of 5.875% senior unsecured notes due in 2021 and $700 million aggregate principal amount of 6.375% senior unsecured notes due in 2023, $250 million in incremental term loans drawn at closing under the Company's December 2013 Incremental Facility Agreement and approximately $300 million in additional borrowings made at closing under the revolving portion of the Company's Senior Secured Credit Facility. At the closing of the acquisition of Digital Insight, NCR Escrow Corp. merged with and into the Company, with the Company continuing as the surviving corporation. The Company assumed all of NCR Escrow Corp.'s obligations under the 5.875% and 6.375% Notes and the indentures governing those Notes, and the net proceeds from the offering were released from the escrow account to pay for the Digital Insight acquisition. Following the Digital Insight acquisition, NCR’s total debt balance was $3.92 billion | |
NCR incurred acquisition-related transaction costs of approximately $15 million which consist primarily of investment banking, legal and accounting fees. Approximately $7 million were incurred during the year ended December 31, 2013 and are included in selling, general and administrative expenses and interest expense in the accompanying Consolidated Statements of Operations. | |
These disclosures are based on our preliminary estimates and management is still determining the purchase price allocation. However, the substantial majority of the purchase price is expected to be allocated to goodwill and intangible assets. Additionally, management is still determining the pro forma impact of the Digital Insight acquisition on the 2013 results. | |
Shareholder Derivative Action With respect to the derivative action settlement referenced in Note 10, "Commitments and Contingencies," on February 3, 2014, the court issued an order that preliminarily approved the proposed settlement, approved the form and content of shareholder notices, and scheduled a fairness hearing. |
Schedule_II_Valuation_and_Qual
Schedule II - Valuation and Qualifying Accounts | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | ' | ||||||||||||||||||||
Valuation and Qualifying Accounts | ' | ||||||||||||||||||||
SCHEDULE II--VALUATION AND QUALIFYING ACCOUNTS | |||||||||||||||||||||
(In millions) | |||||||||||||||||||||
Column A | Column B | Column C | Column D | Column E | |||||||||||||||||
Additions | |||||||||||||||||||||
Description | Balance at Beginning of Period | Charged to Costs & Expenses | Charged to Other Accounts | Deductions | Balance at End of Period | ||||||||||||||||
Year Ended December 31, 2013 | |||||||||||||||||||||
Allowance for doubtful accounts | $ | 16 | $ | 2 | $ | — | $ | — | $ | 18 | |||||||||||
Deferred tax asset valuation allowance | $ | 399 | $ | — | $ | — | $ | 35 | $ | 364 | |||||||||||
Year Ended December 31, 2012 | |||||||||||||||||||||
Allowance for doubtful accounts | $ | 16 | $ | — | $ | — | $ | — | $ | 16 | |||||||||||
Deferred tax asset valuation allowance | $ | 425 | $ | 17 | $ | — | $ | 43 | $ | 399 | |||||||||||
Reserves related to business restructuring | $ | 2 | $ | — | $ | — | $ | 2 | $ | — | |||||||||||
Year Ended December 31, 2011 | |||||||||||||||||||||
Allowance for doubtful accounts | $ | 13 | $ | 3 | $ | — | $ | — | $ | 16 | |||||||||||
Deferred tax asset valuation allowance | $ | 410 | $ | 15 | $ | — | $ | — | $ | 425 | |||||||||||
Reserves related to business restructuring | $ | 3 | $ | — | $ | — | $ | 1 | $ | 2 | |||||||||||
Description_of_Business_and_Si1
Description of Business and Significant Accounting Policies (Policies) | 12 Months Ended | |
Dec. 31, 2013 | ||
Description of Business and Significant Accounting Policies [Abstract] | ' | |
Use of Estimates [Policy Text Block] | ' | |
Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (otherwise known as 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 revenues and expenses during the period reported. Actual results could differ from those estimates. | ||
Evaluation of Subsequent Events [Policy Text Block] | ' | |
Evaluation of Subsequent Events The Company evaluated subsequent events through the date that our Consolidated Financial Statements were issued. Except as described in Note 18, "Subsequent Events," no matters were identified that required adjustment of the Consolidated Financial Statements or additional disclosure. | ||
Basis of Consolidation [Policy Text Block] | ' | |
Basis of Consolidation The consolidated financial statements include the accounts of NCR and its majority-owned subsidiaries. Long-term investments in affiliated companies in which NCR owns between 20% and 50%, and therefore, exercises significant influence, but which it does not control, are accounted for using the equity method. Investments in which NCR does not exercise significant influence (generally, when NCR has an investment of less than 20% and no significant influence, such as representation on the investee’s board of directors) are accounted for using the cost method. All significant inter-company transactions and accounts have been eliminated. In addition, the Company is required to determine whether it is the primary beneficiary of economic income or losses that may be generated by variable interest entities in which the Company has such an interest. In circumstances where the Company determined it is the primary beneficiary, consolidation of that entity would be required. For the periods presented, no variable interest entities have been consolidated. | ||
Revenue Recognition [Policy Text Block] | ' | |
Revenue Recognition The Company records revenue, net of taxes, when it is realized, or realizable, and earned. The Company considers these criteria met when persuasive evidence of an arrangement exists, the products or services have been provided to the customer, the sales price is fixed or determinable, and collectability is reasonably assured. For product sales, delivery is deemed to have occurred when the customer has assumed risk of loss of the goods sold and all performance obligations are complete. For services sales, revenue is recognized as the services are provided or ratably over the service period, or, if applicable, after customer acceptance of the services. | ||
NCR frequently enters into multiple-element arrangements with its customers including hardware, software, professional consulting services, transaction services and maintenance support services. For arrangements involving multiple deliverables, when deliverables include software and non-software products and services, NCR evaluates and separates each deliverable to determine whether it represents a separate unit of accounting based on the following criteria: (a) whether the delivered item has value to the customer on a stand-alone basis; and (b) if the contract includes a general right of return relative to the delivered item, whether delivery or performance of the undelivered items is considered probable and substantially in the control of NCR. | ||
For arrangements entered into or materially modified after January 1, 2011, consideration is allocated to each unit of accounting based on the units' relative selling prices. In such circumstances, the Company uses a hierarchy to determine the selling price to be used for allocating revenue to each deliverable: (i) vendor-specific objective evidence of selling price (VSOE); (ii) third-party evidence of selling price (TPE); and (iii) best estimate of selling price (BESP). VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. VSOE is established for our software maintenance services and we use TPE to establish selling prices for our non-software related services, which include hardware maintenance, non-software related professional services, and transaction services. The Company uses BESP to allocate revenue when we are unable to establish VSOE or TPE of selling price. BESP is primarily used for elements such as products that are not consistently priced within a narrow range. The Company determines BESP for a deliverable by considering multiple factors including product class, geography, average discount, and management's historical pricing practices. Amounts allocated to the delivered hardware and software elements are recognized at the time of sale, provided the other conditions for revenue recognition have been met. Amounts allocated to the undelivered maintenance and other services elements are recognized as the services are provided or on a straight-line basis over the service period. In certain instances, customer acceptance is required prior to the passage of title and risk of loss of the delivered products. In such cases, revenue is not recognized until the customer acceptance is obtained. Delivery and acceptance generally occur in the same reporting period. | ||
For arrangements entered into prior to January 1, 2011, the Company has not applied BESP. In such arrangements, if the Company has the requisite evidence of selling price for the undelivered elements but not for the delivered elements, the Company applies the residual method to allocate arrangement consideration. | ||
In situations where NCR's solutions contain software that is more than incidental, revenue related to the software and software-related elements is recognized in accordance with authoritative guidance on software revenue recognition. For the software and software-related elements of such transactions, revenue is allocated based on the relative fair value of each element, and fair value is determined by VSOE. If the Company cannot objectively determine the fair value of any undelivered element included in such multiple-element arrangements, the Company defers revenue until all elements are delivered and services have been performed, or until fair value can objectively be determined for any remaining undelivered elements. When the fair value of a delivered element has not been established, but fair value evidence exists for the undelivered elements, the Company uses the residual method to recognize revenue. Under the residual method, the fair value of the undelivered elements is deferred and the remaining portion of the arrangement fee is allocated to the delivered elements and is recognized as revenue. | ||
For certain of NCR’s long-term contracts, primarily related to the acquisition of Retalix, the Company utilizes a percentage-of-completion accounting method, which requires estimates of future revenues and costs over the full term of product and/or service delivery. Estimated losses, if any, on long-term projects are recognized as soon as such losses become known. | ||
NCR's customers may request that delivery and passage of title and risk of loss occur on a bill and hold basis. For the years ended December 31, 2013, 2012, and 2011, the revenue recognized from bill and hold transactions approximated 1% or less of total revenue. | ||
In addition to the standard product warranty, the Company periodically offers extended warranties to its customers in the form of product maintenance services. For contracts that are not separately priced but include product maintenance, the Company defers revenue at an amount based on the selling price, using objective and reliable evidence, and recognizes the deferred revenue over the service term. For separately priced product maintenance contracts, NCR defers the stated amount of the separately priced contract and recognizes the deferred revenue ratably over the service term. | ||
Shipping and Handling [Policy Text Block] | ' | |
Shipping and Handling Costs related to shipping and handling are included in cost of products in the Consolidated Statements of Operations. | ||
Cash and Cash Equivalents [Policy Text Block] | ' | |
Cash and Cash Equivalents All short-term, highly liquid investments having original maturities of three months or less, including time deposits, are considered to be cash equivalents. | ||
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] | ' | |
Restricted Cash Restricted cash consists of deposits that are contractually restricted as to their withdrawal or use. Refer to Note 6, "Debt Obligations" for further discussion. | ||
Allowance for Doubtful Accounts [Policy Text Block] | ' | |
Allowance for Doubtful Accounts NCR establishes provisions for doubtful accounts using percentages of accounts receivable balances to reflect historical average credit losses and specific provisions for known issues. | ||
Inventories [Policy Text Block] | ' | |
Inventories Inventories are stated at the lower of cost or market, using the average cost method. Cost includes materials, labor and manufacturing overhead related to the purchase and production of inventories. Service parts are included in inventories and include reworkable and non-reworkable service parts. The Company regularly reviews inventory quantities on hand, future purchase commitments with suppliers and the estimated utility of inventory. If the review indicates a reduction in utility below carrying value, inventory is reduced to a new cost basis. Excess and obsolete reserves are established based on forecasted usage, orders, technological obsolescence and inventory aging. | ||
Capitalized Software [Policy Text Block] | ' | |
Capitalized Software Certain direct development costs associated with internal-use software are capitalized within other assets and amortized over the estimated useful lives of the resulting software. NCR typically amortizes capitalized internal-use software on a straight-line basis over four to seven years beginning when the asset is substantially ready for use, as this is considered to approximate the usage pattern of the software. | ||
Software to be Sold, Leased, or Otherwise Marketed, Policy [Policy Text Block] | ' | |
Costs incurred for the development of software that will be sold, leased or otherwise marketed are capitalized when technological feasibility has been established. These costs are included within other assets and are amortized on a sum-of-the-years' digits or straight-line basis over the estimated useful lives ranging from three to five years, using the method that most closely approximates the sales pattern of the software. Amortization begins when the product is available for general release. Costs capitalized include direct labor and related overhead costs. Costs incurred prior to technological feasibility or after general release are expensed as incurred. | ||
Goodwill and Other Intangible Assets [Policy Text Block] | ' | |
Goodwill and Other Intangible Assets Goodwill represents the excess of purchase price over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. Goodwill is tested at the reporting unit level for impairment on an annual basis during the fourth quarter or more frequently if certain events occur indicating that the carrying value of goodwill may be impaired. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include a decline in expected cash flows, a significant adverse change in legal factors or in the business climate, a decision to sell a business, unanticipated competition, or slower growth rates, among others. | ||
In the evaluation of goodwill for impairment, we first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than the carrying amount. If so, we perform a quantitative assessment and compare the fair value of the reporting unit to the carrying value. If the carrying value of a reporting unit exceeds its fair value, the goodwill of that reporting unit is potentially impaired and we proceed to step two of the impairment analysis. In step two of the analysis, we will record an impairment loss equal to the excess of the carrying value of the reporting unit’s goodwill over its implied fair value should such a circumstance arise. Fair values of the reporting units are estimated primarily using the income approach, which incorporates the use of discounted cash flow (DCF) analyses. A number of significant assumptions and estimates are involved in the application of the DCF model to forecast operating cash flows, including markets and market shares, sales volumes and prices, costs to produce, tax rates, capital spending, discount rate and working capital changes. Most of these assumptions vary among reporting units. The cash flow forecasts are generally based on approved strategic operating plans. | ||
For the fourth quarter of 2013 and 2012, we performed our annual impairment assessment of goodwill which did not indicate that an impairment existed. | ||
Acquired intangible assets other than goodwill are amortized over their weighted average amortization period unless they are determined to be indefinite. Acquired intangible assets are carried at cost, less accumulated amortization. For intangible assets purchased in a business combination, the estimated fair values of the assets received are used to establish the carrying value. The fair value of acquired intangible assets is determined using common techniques, and the Company employs assumptions developed using the perspective of a market participant. | ||
Property, Plant and Equipment [Policy Text Block] | ' | |
Property, Plant and Equipment Property, plant and equipment, and leasehold improvements are stated at cost less accumulated depreciation. Depreciation is computed over the estimated useful lives of the related assets primarily on a straight-line basis. Machinery and other equipment are depreciated over 3 to 20 years and buildings over 25 to 45 years. Leasehold improvements are depreciated over the life of the lease or the asset, whichever is shorter. Assets classified as held for sale are not depreciated. Upon retirement or disposition of property, plant and equipment, the related cost and accumulated depreciation or amortization are removed from the Company’s accounts, and a gain or loss is recorded. | ||
Valuation of Long-Lived Assets [Policy Text Block] | ' | |
Valuation of Long-Lived Assets Long-lived assets such as property, plant and equipment, finite-lived intangible assets, and software are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable or in the period in which the held for sale criteria are met. For assets held and used, this analysis consists of comparing the asset’s carrying value to the expected future cash flows to be generated from the asset on an undiscounted basis. If the carrying amount of the asset is determined not to be recoverable, a write-down to fair value is recorded. Fair values are determined based on quoted market values, discounted cash flows, or external appraisals, as applicable. Long-lived assets are reviewed for impairment at the individual asset or the asset group level for which the lowest level of independent cash flows can be identified. | ||
Warranty and Sales Returns [Policy Text Block] | ' | |
Warranty and Sales Returns Provisions for product warranties and sales returns and allowances are recorded in the period in which NCR becomes obligated to honor the related right, which generally is the period in which the related product revenue is recognized. The Company accrues warranty reserves 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, a warranty reserve is recorded based upon the estimated cost to provide the service over the warranty period. The Company accrues sales returns and allowances using percentages of revenue to reflect the Company’s historical average of sales return claims. | ||
Research and Development Costs [Policy Text Block] | ' | |
Research and Development Costs Research and development costs primarily include payroll and benefit-related costs, contractor fees, facilities costs, infrastructure costs, and administrative expenses directly related to research and development support and are expensed as incurred, except certain software development costs are capitalized after technological feasibility of the software is established. | ||
Leases [Policy Text Block] | ' | |
Leases The Company accounts for material escalation clauses, free or reduced rents and landlord incentives contained in operating type leases on a straight-line basis over the lease term, including any reasonably assured lease renewals. For leasehold improvements that are funded by the landlord, the Company records the incentive as deferred rent. The deferred rent is then amortized as reductions to lease expense over the lease term. | ||
For capital leases where NCR is the lessee, we record an amortizable debt and a related fixed asset in the Consolidated Balance Sheet. | ||
Pension, Postretirement and Postemployment Benefits [Policy Text Block] | ' | |
Pension, Postretirement and Postemployment Benefits NCR has significant pension, postretirement and postemployment benefit costs, which are developed from actuarial valuations. Actuarial assumptions are established to anticipate future events and are used in calculating the expense and liabilities relating to these plans. These factors include assumptions the Company makes about interest rates, expected investment return on plan assets, rate of increase in healthcare costs, total and involuntary turnover rates, and rates of future compensation increases. In addition, NCR also uses subjective factors, such as withdrawal rates and mortality rates to develop the Company’s valuations. NCR generally reviews and updates these assumptions on an annual basis. NCR is required to consider current market conditions, including changes in interest rates, in making these assumptions. The actuarial assumptions that NCR uses may differ materially from actual results due to changing market and economic conditions, higher or lower withdrawal rates, or longer or shorter life spans of participants. These differences may result in a significant impact to the amount of pension, postretirement or postemployment benefits expense, and the related assets and liabilities, the Company has recorded or may record. | ||
Foreign Currency [Policy Text Block] | ' | |
Foreign Currency For many NCR international operations, the local currency is designated as the functional currency. Accordingly, assets and liabilities are translated into U.S. Dollars at year-end exchange rates, and revenues and expenses are translated at average exchange rates prevailing during the year. Currency translation adjustments from local functional currency countries resulting from fluctuations in exchange rates are recorded in other comprehensive income. Where the U.S. Dollar is the functional currency, remeasurement adjustments are recorded in other (expense) income, net. | ||
Derivative Instruments [Policy Text Block] | ' | |
Derivative Instruments In the normal course of business, NCR enters into various financial instruments, including derivative financial instruments. The Company accounts for derivatives as either assets or liabilities in the Consolidated Balance Sheets at fair value and recognizes the resulting gains or losses as adjustments to earnings or other comprehensive income. The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objective and strategy for undertaking various hedge transactions. Hedging activities are transacted only with highly rated institutions, reducing exposure to credit risk in the event of nonperformance. Additionally, the Company completes assessments related to the risk of counterparty nonperformance on a regular basis. | ||
The accounting for changes in fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship, and further, on the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, the Company has designated the hedging instrument, based on the exposure being hedged, as a fair value hedge, a cash flow hedge or a hedge of a net investment in a foreign operation. For derivative instruments designated as fair value hedges, the effective portion of the hedge is recorded as an offset to the change in the fair value of the hedged item, and the ineffective portion of the hedge, if any, is recorded in the Consolidated Statement of Operations. For derivative instruments designated as cash flow hedges and determined to be highly effective, the gains or losses are deferred in other comprehensive income and recognized in the determination of income as adjustments of carrying amounts when the underlying hedged transaction is realized, canceled or otherwise terminated. When hedging certain foreign currency transactions of a long-term investment nature (net investments in foreign operations) gains and losses are recorded in the currency translation adjustment component of accumulated other comprehensive income (loss). Gains and losses on foreign exchange contracts that are not used to hedge currency transactions of a long-term investment nature, or that are not designated as cash flow or fair value hedges, are recognized in other (expense) income, net as exchange rates change. | ||
Fair Value of Assets and Liabilities [Policy Text Block] | ' | |
Fair Value of Assets and Liabilities Fair value is defined as an exit price, representing an amount that would be received to sell an asset or the amount paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the guidance prioritizes the inputs used to measure fair value into the following three-tier fair value hierarchy: | ||
• | Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities | |
• | Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active or inputs, other than quoted prices in active markets, that are observable either directly or indirectly | |
• | Level 3: Unobservable inputs for which there is little or no market data | |
Assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurements. The Company reviews the fair value hierarchy classification on a quarterly basis. Changes to the observability of valuation inputs may result in a reclassification of levels for certain securities within the fair value hierarchy. | ||
NCR measures its financial assets and financial liabilities at fair value based on one or more of the following three valuation techniques: | ||
• | Market approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. | |
• | Cost approach: Amount that would be required to replace the service capacity of an asset (replacement cost). | |
• | Income approach: Techniques to convert future amounts to a single present amount based upon market expectations (including present value techniques, option pricing and excess earnings models). | |
We regularly review our investments to determine whether a decline in fair value, if any, below the cost basis is other than temporary. If the decline in the fair value is determined to be other than temporary, the cost basis of the security is written down to fair value and the amount of the write-down is included in the Consolidated Statement of Operations. For qualifying investments in debt or equity securities, a temporary impairment charge would be recognized in other comprehensive income (loss). | ||
Environmental and Legal Contingencies [Policy Text Block] | ' | |
Environmental and Legal 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, regulations, and standards 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 the costs to NCR or could have an impact on NCR’s future operating results. NCR believes that the amounts provided in its Consolidated Financial Statements are adequate in light of the probable and estimable liabilities. 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 the Fox River and Kalamazoo River environmental matters discussed in Note 10, "Commitments and Contingencies," and to comply with applicable laws and regulations, will not exceed the amounts reflected in NCR’s Consolidated Financial Statements or will not have a material adverse effect on the Company’s consolidated results of operations, financial condition or cash flows. Any costs that may be incurred in excess of those amounts provided as of December 31, 2013 cannot currently be reasonably determined or are not currently considered probable. | ||
Legal fees and expenses related to loss contingencies are typically expensed as incurred, except for certain costs associated with NCR’s environmental remediation obligations. Costs and fees associated with litigating the extent and type of required remedial actions and the allocation of remediation costs among potentially responsible parties are typically included in the measurement of the environmental remediation liabilities. | ||
Advertising [Policy Text Block] | ' | |
Advertising Advertising costs are recognized in selling, general and administrative expenses when incurred. | ||
Income Taxes [Policy Text Block] | ' | |
Income Taxes Income tax expense is provided based on income before income taxes. Deferred income taxes reflect the impact of temporary differences between assets and liabilities recognized for financial reporting purposes and such amounts recognized for tax purposes. These deferred taxes are determined based on the enacted tax rates expected to apply in the periods in which the deferred assets or liabilities are expected to be settled or realized. NCR records valuation allowances related to its deferred income tax assets when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. | ||
The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being sustained upon examination by authorities. Interest and penalties related to uncertain tax positions are recognized as part of the provision for income taxes and are accrued beginning in the period that such interest and penalties would be applicable under relevant tax law and until such time that the related tax benefits are recognized. | ||
Earnings Per Share [Policy Text Block] | ' | |
Earnings Per Share Basic earnings per share is calculated by dividing net income by the weighted average number of shares outstanding during the reported period. The calculation of diluted earnings per share is similar to basic earnings per share, except that the weighted average number of shares outstanding includes the dilution from potential shares resulting from stock options and restricted stock awards. When calculating diluted earnings per share, the Company includes the potential windfall or shortfall tax benefits as well as average unrecognized compensation expense as part of the assumed proceeds from exercises of stock options. The Company uses the tax law ordering approach to determine the potential utilization of windfall benefits. The holders of unvested restricted stock awards do not have nonforfeitable rights to dividends or dividend equivalents and therefore, such unvested awards do not qualify as participating securities. See Note 8, "Employee Stock Compensation Plans" for share information on NCR’s stock compensation plans. | ||
Stock Compensation [Policy Text Block] | ' | |
Stock Compensation Stock-based compensation represents the costs related to share-based awards granted to employees and non-employee directors. For all periods presented, the Company’s outstanding stock-based compensation awards are classified as equity except for certain awards granted to non-employee directors. The Company measures stock-based compensation cost at the grant date, based on the estimated fair value of the award and recognizes the cost on a straight-line basis (net of estimated forfeitures) over the requisite service period. See Note 8, "Employee Stock Compensation Plans" for further information on NCR’s stock-based compensation plans. |
Description_of_Business_and_Si2
Description of Business and Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Description of Business and Significant Accounting Policies [Abstract] | ' | ||||||||||||
Schedule of Capitalized Computer Software [Table Text Block] | ' | ||||||||||||
The following table identifies the activity relating to total capitalized software: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Beginning balance as of January 1 | $ | 142 | $ | 118 | $ | 107 | |||||||
Capitalization | 110 | 80 | 62 | ||||||||||
Amortization | (59 | ) | (56 | ) | (51 | ) | |||||||
Ending balance as of December 31 | $ | 193 | $ | 142 | $ | 118 | |||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||
The components of basic and diluted earnings per share attributable to NCR common stockholders are as follows for the years ended December 31: | |||||||||||||
In millions, except per share amounts | 2013 | 2012 | 2011 | ||||||||||
Income (loss) from continuing operations | $ | 452 | $ | 475 | $ | (97 | ) | ||||||
(Loss) income from discontinued operations, net of tax | (9 | ) | 6 | (93 | ) | ||||||||
Net income (loss) attributable to NCR common stockholders | $ | 443 | $ | 481 | $ | (190 | ) | ||||||
Weighted average outstanding shares of common stock | 165.4 | 159.3 | 158 | ||||||||||
Dilutive effect of employee stock options and restricted stock | 3.9 | 4.5 | — | ||||||||||
Diluted weighted average number of shares outstanding | 169.3 | 163.8 | 158 | ||||||||||
Basic earnings (loss) per share: | |||||||||||||
From continuing operations | $ | 2.73 | $ | 2.98 | $ | (0.61 | ) | ||||||
From discontinued operations | (0.05 | ) | 0.04 | (0.59 | ) | ||||||||
Total basic earnings (loss) per share | $ | 2.68 | $ | 3.02 | $ | (1.20 | ) | ||||||
Diluted earnings (loss) per share: | |||||||||||||
From continuing operations | $ | 2.67 | $ | 2.9 | $ | (0.61 | ) | ||||||
From discontinued operations | (0.05 | ) | 0.04 | (0.59 | ) | ||||||||
Total diluted earnings (loss) per share | $ | 2.62 | $ | 2.94 | $ | (1.20 | ) | ||||||
Pension_Benefit_Plan_Accountin1
Pension Benefit Plan Accounting Methodology Changes (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||||||||||
Pension [Abstract] | ' | ||||||||||||||||||||||||
Schedule of changes in accounting principles | ' | ||||||||||||||||||||||||
The impact of all adjustments made to the financial statements presented is summarized below (amounts in millions, except per share data): | |||||||||||||||||||||||||
In millions, except per share amounts | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Previous Accounting Method | As Reported | Previously Reported | Adjusted | Previously Reported | Adjusted | ||||||||||||||||||||
Consolidated Statements of Operations: | |||||||||||||||||||||||||
Cost of products | $ | 2,164 | $ | 2,152 | $ | 2,177 | $ | 2,144 | $ | 2,011 | $ | 2,022 | |||||||||||||
Cost of services | 2,403 | 2,231 | 2,208 | 1,941 | 2,098 | 2,318 | |||||||||||||||||||
Selling, general and administrative expenses | 957 | 871 | 894 | 742 | 794 | 890 | |||||||||||||||||||
Research and development expenses | 236 | 203 | 219 | 155 | 176 | 209 | |||||||||||||||||||
Total operating expenses | 5,760 | 5,457 | 5,498 | 4,982 | 5,079 | 5,439 | |||||||||||||||||||
Income (loss) from operations | 363 | 666 | 232 | 748 | 212 | (148 | ) | ||||||||||||||||||
Income (loss) from continuing operations before income taxes | 251 | 554 | 182 | 698 | 196 | (164 | ) | ||||||||||||||||||
Income tax expense (benefit) | 6 | 98 | 42 | 223 | 51 | (66 | ) | ||||||||||||||||||
Income (loss) from continuing operations | 245 | 456 | 140 | 475 | 145 | (98 | ) | ||||||||||||||||||
Net income (loss) | 236 | 447 | 146 | 481 | 52 | (191 | ) | ||||||||||||||||||
Net income (loss) attributable to NCR | $ | 232 | $ | 443 | $ | 146 | $ | 481 | $ | 53 | $ | (190 | ) | ||||||||||||
Amounts attributable to NCR common stockholders: | |||||||||||||||||||||||||
Income (loss) from continuing operations | 241 | 452 | 140 | 475 | 146 | (97 | ) | ||||||||||||||||||
Income (loss) per share attributable to NCR common stockholders: | |||||||||||||||||||||||||
Income (loss) per common share from continuing operations | |||||||||||||||||||||||||
Basic | $ | 1.46 | $ | 2.73 | $ | 0.88 | $ | 2.98 | $ | 0.92 | $ | (0.61 | ) | ||||||||||||
Diluted | $ | 1.42 | $ | 2.67 | $ | 0.85 | $ | 2.9 | $ | 0.91 | $ | (0.61 | ) | ||||||||||||
Net income (loss) per common share | |||||||||||||||||||||||||
Basic | $ | 1.4 | $ | 2.68 | $ | 0.92 | $ | 3.02 | $ | 0.34 | $ | (1.20 | ) | ||||||||||||
Diluted | $ | 1.37 | $ | 2.62 | $ | 0.89 | $ | 2.94 | $ | 0.33 | $ | (1.20 | ) | ||||||||||||
Consolidated Statements of Comprehensive Income: | |||||||||||||||||||||||||
Net income (loss) | $ | 236 | $ | 447 | $ | 146 | $ | 481 | $ | 52 | $ | (191 | ) | ||||||||||||
Employee benefit plans | |||||||||||||||||||||||||
Net gain (loss) arising during the year | 219 | 82 | 91 | — | (425 | ) | 24 | ||||||||||||||||||
Amortization of actuarial loss | 174 | 8 | 255 | 14 | 212 | 17 | |||||||||||||||||||
Less income tax (expense) benefit | (109 | ) | (17 | ) | (148 | ) | 1 | 67 | (20 | ) | |||||||||||||||
Other comprehensive (loss) income | 203 | (8 | ) | 241 | (22 | ) | (155 | ) | 21 | ||||||||||||||||
Total comprehensive income (loss) | 439 | 439 | 387 | 459 | (103 | ) | (170 | ) | |||||||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 442 | $ | 442 | $ | 391 | $ | 463 | $ | (104 | ) | $ | (171 | ) | |||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||
Consolidated Balance Sheets: | Previous Accounting Method | As Reported | Previously Reported | Adjusted | |||||||||||||||||||||
Retained earnings | 2,312 | 1,372 | 2,134 | 929 | |||||||||||||||||||||
Accumulated other comprehensive loss | (978 | ) | (38 | ) | (1,247 | ) | (37 | ) | |||||||||||||||||
Consolidated Statements of Cash Flows: | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Previous Accounting Method | As Reported | Previously Reported | Adjusted | Previously Reported | Adjusted | ||||||||||||||||||||
Net income (loss) | 236 | 447 | 146 | 481 | 52 | (191 | ) | ||||||||||||||||||
Deferred income taxes | (89 | ) | 3 | (37 | ) | 144 | (13 | ) | (130 | ) | |||||||||||||||
Pension and indemnity plans | (94 | ) | (397 | ) | (478 | ) | (994 | ) | 92 | 452 | |||||||||||||||
Supplemental_Financial_Informa1
Supplemental Financial Information (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Supplemental Financial Information [Abstract] | ' | ||||||||||||
Supplemental Financial Information [Table Text Block] | ' | ||||||||||||
For the years ended December 31 | 2013 | 2012 | 2011 | ||||||||||
Other (expense) income, net | |||||||||||||
Interest income | $ | 6 | $ | 6 | $ | 5 | |||||||
Impairment of an investment (Note 12) | — | (7 | ) | — | |||||||||
Other, net | (15 | ) | (7 | ) | (8 | ) | |||||||
Total other (expense) income, net | $ | (9 | ) | $ | (8 | ) | $ | (3 | ) | ||||
At December 31 | 2013 | 2012 | |||||||||||
Accounts Receivable | |||||||||||||
Trade | $ | 1,318 | $ | 1,056 | |||||||||
Other | 39 | 46 | |||||||||||
Accounts Receivable, gross | 1,357 | 1,102 | |||||||||||
Less: allowance for doubtful accounts | (18 | ) | (16 | ) | |||||||||
Total accounts receivable, net | $ | 1,339 | $ | 1,086 | |||||||||
Inventories | |||||||||||||
Work in process and raw materials | $ | 135 | $ | 187 | |||||||||
Finished goods | 202 | 167 | |||||||||||
Service parts | 453 | 443 | |||||||||||
Total inventories | $ | 790 | $ | 797 | |||||||||
Other current assets | |||||||||||||
Current deferred tax assets | $ | 262 | $ | 223 | |||||||||
Other | 306 | 231 | |||||||||||
Total other current assets | $ | 568 | $ | 454 | |||||||||
Property, plant and equipment | |||||||||||||
Land and improvements | $ | 40 | $ | 42 | |||||||||
Buildings and improvements | 237 | 231 | |||||||||||
Machinery and other equipment | 722 | 636 | |||||||||||
Property, plant and equipment, gross | 999 | 909 | |||||||||||
Less: accumulated depreciation | (647 | ) | (601 | ) | |||||||||
Total property, plant and equipment, net | $ | 352 | $ | 308 | |||||||||
Business_Combinations_and_Dive1
Business Combinations and Divestitures (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Business Acquisition [Line Items] | ' | |||||||||||
Schedule of Income (Loss) from Discontinued Operation [Table Text Block] | ' | |||||||||||
The following table includes the results of the Entertainment Business, which we historically included in our Entertainment segment: | ||||||||||||
In millions | For the year ended December 31 | |||||||||||
2012 | 2011 | |||||||||||
Revenue | $ | 62 | $ | 152 | ||||||||
Operating expenses | 101 | 299 | ||||||||||
Loss from operations | (39 | ) | (147 | ) | ||||||||
Gain from divestiture of the business | 33 | — | ||||||||||
Loss before income taxes | (6 | ) | (147 | ) | ||||||||
Income tax benefit | (2 | ) | (51 | ) | ||||||||
Loss from discontinued operations, net of tax | $ | (4 | ) | $ | (96 | ) | ||||||
Retalix [Member] | ' | |||||||||||
Business Acquisition [Line Items] | ' | |||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | ' | |||||||||||
The allocation of the purchase price for Retalix is as follows: | ||||||||||||
In millions | Fair Value | |||||||||||
Cash and cash equivalents | $ | 127 | ||||||||||
Accounts receivable | 107 | |||||||||||
Other tangible assets | 56 | |||||||||||
Acquired goodwill | 461 | |||||||||||
Acquired intangible assets other than goodwill | 205 | |||||||||||
Deferred tax liabilities | (52 | ) | ||||||||||
Liabilities assumed | (116 | ) | ||||||||||
Total purchase consideration | $ | 788 | ||||||||||
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] | ' | |||||||||||
The intangible assets acquired in the acquisition include the following: | ||||||||||||
Estimated | Weighted Average Amortization Period(1) | |||||||||||
Fair Value | ||||||||||||
(In millions) | (years) | |||||||||||
Direct customer relationships | $ | 121 | 20 | |||||||||
Technology - Software | 74 | 5 | ||||||||||
Trademarks | 10 | 6 | ||||||||||
Total acquired intangible assets | $ | 205 | 14 | |||||||||
-1 | Determination of the weighted average amortization period of the individual categories of intangible assets was based on the nature of the applicable intangible asset and the expected future cash flows to be derived from the intangible asset. Amortization of intangible assets with definite lives is recognized over the period of time the assets are expected to contribute to future cash flows. | |||||||||||
Business Acquisition, Pro Forma Information [Table Text Block] | ' | |||||||||||
The unaudited pro forma consolidated results of operations, assuming the acquisition had occurred on January 1, 2012, are as follows: | ||||||||||||
For the year ended December 31 | ||||||||||||
In millions | 2013 | 2012 | ||||||||||
Revenue | $ | 6,156 | $ | 5,992 | ||||||||
Net income attributable to NCR | $ | 447 | $ | 443 | ||||||||
Radiant [Member] | ' | |||||||||||
Business Acquisition [Line Items] | ' | |||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | ' | |||||||||||
The fair value of consideration transferred to acquire Radiant was allocated to the identifiable assets acquired and liabilities assumed based upon their fair values as of the date of the acquisition as set forth below. This allocation is final as of December 31, 2011. | ||||||||||||
In millions | ||||||||||||
Purchase Consideration | Net Tangible Assets Acquired/(Liabilities Assumed) | Purchased Intangible Assets | Goodwill | |||||||||
$ | 1,206 | $ | 78 | $ | 319 | $ | 809 | |||||
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] | ' | |||||||||||
The intangible assets acquired include the following: | ||||||||||||
Estimated | Weighted Average Amortization Period(1) | |||||||||||
Fair Value | ||||||||||||
(In millions) | (years) | |||||||||||
Reseller Network | 88 | 13 | ||||||||||
Technology - Software and Hardware | 106 | 6 | ||||||||||
Trademarks | 48 | 9 | ||||||||||
Direct customer relationships | 74 | 15 | ||||||||||
Noncompete agreements | 2 | 2 | ||||||||||
Internally developed software | 1 | 2 | ||||||||||
Total acquired intangible assets | $ | 319 | ||||||||||
(1) | Determination of the weighted average amortization period of the individual categories of intangible assets was based on the nature of the applicable intangible asset and the expected future cash flows to be derived from the intangible asset. Amortization of intangible assets with definite lives is recognized over the period of time the assets are expected to contribute to future cash flows. | |||||||||||
Business Acquisition, Pro Forma Information [Table Text Block] | ' | |||||||||||
The unaudited pro forma consolidated results of operations, assuming the acquisition had occurred on January 1, 2010, are as follows: | ||||||||||||
In millions | Year ended December 31, 2011 | |||||||||||
Revenue | $ | 5,538 | ||||||||||
Net income attributable to NCR | $ | (179 | ) |
Goodwill_and_Other_LongLived_A1
Goodwill and Other Long-Lived Assets (Tables) | 12 Months Ended | |||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | |||||||||||||||||||||||||||||||||||
Schedule of Goodwill [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The carrying amounts of goodwill by segment as of December 31, 2013 and 2012 are included in the table below. Foreign currency fluctuations are included within other adjustments. | ||||||||||||||||||||||||||||||||||||
1-Jan-13 | 31-Dec-13 | |||||||||||||||||||||||||||||||||||
In millions | Goodwill | Accumulated Impairment Losses | Total | Additions | Impairment | Other | Goodwill | Accumulated Impairment Losses | Total | |||||||||||||||||||||||||||
Financial Services | $ | 202 | $ | — | $ | 202 | $ | 55 | $ | — | $ | (2 | ) | $ | 255 | $ | — | $ | 255 | |||||||||||||||||
Retail Solutions | 120 | (3 | ) | 117 | 461 | — | — | 581 | (3 | ) | 578 | |||||||||||||||||||||||||
Hospitality | 659 | — | 659 | 23 | — | (6 | ) | 676 | — | 676 | ||||||||||||||||||||||||||
Entertainment | 5 | (5 | ) | — | — | — | — | 5 | (5 | ) | — | |||||||||||||||||||||||||
Emerging Industries | 25 | — | 25 | — | — | — | 25 | — | 25 | |||||||||||||||||||||||||||
Total | $ | 1,011 | $ | (8 | ) | $ | 1,003 | $ | 539 | $ | — | $ | (8 | ) | $ | 1,542 | $ | (8 | ) | $ | 1,534 | |||||||||||||||
1-Jan-12 | 31-Dec-12 | |||||||||||||||||||||||||||||||||||
In millions | Goodwill | Accumulated Impairment Losses | Total | Additions | Impairment | Other | Goodwill | Accumulated Impairment Losses | Total | |||||||||||||||||||||||||||
Financial Services | $ | 152 | $ | — | $ | 152 | $ | 50 | $ | — | $ | — | $ | 202 | $ | — | $ | 202 | ||||||||||||||||||
Retail Solutions | 120 | (3 | ) | 117 | — | — | — | 120 | (3 | ) | 117 | |||||||||||||||||||||||||
Hospitality | 619 | — | 619 | 35 | — | 5 | 659 | — | 659 | |||||||||||||||||||||||||||
Entertainment | 5 | (5 | ) | — | — | — | — | 5 | (5 | ) | — | |||||||||||||||||||||||||
Emerging Industries | 25 | — | 25 | — | — | — | 25 | — | 25 | |||||||||||||||||||||||||||
Total | $ | 921 | $ | (8 | ) | $ | 913 | $ | 85 | $ | — | $ | 5 | $ | 1,011 | $ | (8 | ) | $ | 1,003 | ||||||||||||||||
Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
Amortization Period | 31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||||
In millions | (in Years) | Gross Carrying Amount | Accumulated Amortization | Gross Carrying Amount | Accumulated Amortization | |||||||||||||||||||||||||||||||
Identifiable intangible assets | ||||||||||||||||||||||||||||||||||||
Reseller & customer relationships | 20-Jan | $ | 328 | $ | (37 | ) | $ | 179 | $ | (17 | ) | |||||||||||||||||||||||||
Intellectual property | 7-Feb | 275 | (118 | ) | 180 | (80 | ) | |||||||||||||||||||||||||||||
Tradenames | 10-Feb | 61 | (15 | ) | 49 | (8 | ) | |||||||||||||||||||||||||||||
Non-compete arrangements | 5-Feb | 8 | (8 | ) | 8 | (7 | ) | |||||||||||||||||||||||||||||
Total identifiable intangible assets | $ | 672 | $ | (178 | ) | $ | 416 | $ | (112 | ) | ||||||||||||||||||||||||||
Schedule of Expected Amortization Expense [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The aggregate amortization expense (actual and estimated) for identifiable intangible assets for the following periods is: | ||||||||||||||||||||||||||||||||||||
31-Dec-13 | For the years ended December 31 (estimated) | |||||||||||||||||||||||||||||||||||
In millions | 2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||||||||||||||||||||
Amortization expense | $ | 66 | $ | 73 | $ | 73 | $ | 67 | $ | 58 | $ | 41 | ||||||||||||||||||||||||
Debt_Obligations_Tables
Debt Obligations (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ||||||||||||||||||||||||||||
Schedule of Short-term Debt [Table Text Block] | ' | ||||||||||||||||||||||||||||
The following table summarizes the Company's short-term borrowings: | |||||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||
In millions, except percentages | Amount | Weighted-Average Interest Rate | Amount | Weighted-Average Interest Rate | |||||||||||||||||||||||||
Current portion of Senior Secured Credit Facility (1) | $ | 28 | 2.55% | $ | 70 | 3.06% | |||||||||||||||||||||||
Other (2) | 6 | 7.11% | 2 | 3.22% | |||||||||||||||||||||||||
Total short-term borrowings | $ | 34 | $ | 72 | |||||||||||||||||||||||||
Long-Term Debt | |||||||||||||||||||||||||||||
Schedule of long-term debt [Table Text Block] | ' | ||||||||||||||||||||||||||||
The following table summarizes the Company's long-term debt: | |||||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||
In millions, except percentages | Amount | Weighted-Average Interest Rate | Amount | Weighted-Average Interest Rate | |||||||||||||||||||||||||
Senior Secured Credit Facility: | |||||||||||||||||||||||||||||
Term loan facility due 2018 (1) | $ | 1,087 | 2.55% | $ | 780 | 3.06% | |||||||||||||||||||||||
Revolving credit facility due 2018 | — | — | |||||||||||||||||||||||||||
Senior notes: | |||||||||||||||||||||||||||||
5.00% Senior Notes due 2022 | 600 | 600 | |||||||||||||||||||||||||||
4.625% Senior Notes due 2021 | 500 | 500 | |||||||||||||||||||||||||||
5.875% Senior Notes due 2021 | 400 | — | |||||||||||||||||||||||||||
6.375% Senior Notes due 2023 | 700 | — | |||||||||||||||||||||||||||
Other (2) | 33 | 7.21% | 11 | 6.13% | |||||||||||||||||||||||||
Total long-term debt | $ | 3,320 | $ | 1,891 | |||||||||||||||||||||||||
(1) | Interest rates are weighted average interest rates as of December 31, 2013 and 2012 related to the Senior Secured Credit Facility, which incorporates the impact of the interest rate swap. Refer to Note 11, "Derivatives and Hedging Instruments," for additional details. | ||||||||||||||||||||||||||||
(2) | Interest rates are weighted average interest rates as of December 31, 2013 and 2012 primarily related to various international credit facilities and a note payable in the U.S. | ||||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | ||||||||||||||||||||||||||||
In millions, except percentages | Amount | Weighted-Average Interest Rate | Amount | Weighted-Average Interest Rate | |||||||||||||||||||||||||
Senior Secured Credit Facility: | |||||||||||||||||||||||||||||
Term loan facility due 2018 (1) | $ | 1,087 | 2.55% | $ | 780 | 3.06% | |||||||||||||||||||||||
Revolving credit facility due 2018 | — | — | |||||||||||||||||||||||||||
Senior notes: | |||||||||||||||||||||||||||||
5.00% Senior Notes due 2022 | 600 | 600 | |||||||||||||||||||||||||||
4.625% Senior Notes due 2021 | 500 | 500 | |||||||||||||||||||||||||||
5.875% Senior Notes due 2021 | 400 | — | |||||||||||||||||||||||||||
6.375% Senior Notes due 2023 | 700 | — | |||||||||||||||||||||||||||
Other (2) | 33 | 7.21% | 11 | 6.13% | |||||||||||||||||||||||||
Total long-term debt | $ | 3,320 | $ | 1,891 | |||||||||||||||||||||||||
Maturities of long-term debt [Table Text Block] | ' | ||||||||||||||||||||||||||||
Debt Maturities Maturities of long-term debt outstanding, in principal amounts, at December 31, 2013 are summarized below: | |||||||||||||||||||||||||||||
For the years ended December 31 | |||||||||||||||||||||||||||||
In millions | Total | 2014 | 2015 | 2016 | 2017 | 2018 | Thereafter | ||||||||||||||||||||||
Debt maturities | $ | 3,354 | $ | 34 | $ | 76 | $ | 104 | $ | 118 | $ | 814 | $ | 2,208 | |||||||||||||||
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||||||
Deferred income tax assets and liabilities included in the Consolidated Balance Sheets as of December 31 were as follows: | |||||||||||||
In millions | 2013 | 2012 | |||||||||||
Deferred income tax assets | |||||||||||||
Employee pensions and other benefits | $ | 119 | $ | 322 | |||||||||
Other balance sheet reserves and allowances | 170 | 140 | |||||||||||
Tax loss and credit carryforwards | 719 | 628 | |||||||||||
Capitalized research and development | 101 | 86 | |||||||||||
Property, plant and equipment | 7 | 8 | |||||||||||
Other | 52 | 54 | |||||||||||
Total deferred income tax assets | 1,168 | 1,238 | |||||||||||
Valuation allowance | (364 | ) | (399 | ) | |||||||||
Net deferred income tax assets | 804 | 839 | |||||||||||
Deferred income tax liabilities | |||||||||||||
Intangibles | 125 | 83 | |||||||||||
Capitalized software | 20 | 16 | |||||||||||
Other | 7 | 11 | |||||||||||
Total deferred income tax liabilities | 152 | 110 | |||||||||||
Total net deferred income tax assets | $ | 652 | $ | 729 | |||||||||
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | ' | ||||||||||||
For the years ended December 31, income (loss) from continuing operations before income taxes consisted of the following: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Income (loss) before income taxes | |||||||||||||
United States | $ | 29 | $ | 280 | $ | (418 | ) | ||||||
Foreign | 525 | 418 | 254 | ||||||||||
Total income (loss) from continuing operations before income taxes | $ | 554 | $ | 698 | $ | (164 | ) | ||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | ' | ||||||||||||
For the years ended December 31, income tax expense (benefit) consisted of the following: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Income tax expense (benefit) | |||||||||||||
Current | |||||||||||||
Federal | $ | (13 | ) | $ | 6 | $ | 2 | ||||||
State | 3 | — | 1 | ||||||||||
Foreign | 105 | 73 | 61 | ||||||||||
Deferred | |||||||||||||
Federal | 19 | 155 | (128 | ) | |||||||||
State | (4 | ) | 1 | (3 | ) | ||||||||
Foreign | (12 | ) | (12 | ) | 1 | ||||||||
Total income tax expense (benefit) | $ | 98 | $ | 223 | $ | (66 | ) | ||||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | ||||||||||||
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 | 2013 | 2012 | 2011 | ||||||||||
Income tax expense (benefit) at the U.S. federal tax rate of 35% | $ | 194 | $ | 245 | $ | (58 | ) | ||||||
Foreign income tax differential | (86 | ) | (50 | ) | (8 | ) | |||||||
U.S. permanent book/tax differences | 3 | (3 | ) | 3 | |||||||||
Tax audit settlements | — | (12 | ) | (12 | ) | ||||||||
Change in liability for unrecognized tax benefits | 29 | 12 | 2 | ||||||||||
Nondeductible transaction costs | 1 | 1 | 4 | ||||||||||
U.S. valuation allowance | — | 17 | 5 | ||||||||||
Valuation allowance releases | (25 | ) | — | — | |||||||||
Tax extenders legislation | (16 | ) | 14 | — | |||||||||
Other, net | (2 | ) | (1 | ) | (2 | ) | |||||||
Total income tax expense (benefit) | $ | 98 | $ | 223 | $ | (66 | ) | ||||||
Summary of Income Tax Contingencies [Table Text Block] | ' | ||||||||||||
The aggregate changes in the balance of our gross unrecognized tax benefits were as follows for the years ended December 31: | |||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||
Gross unrecognized tax benefits - January 1 | $ | 256 | $ | 273 | $ | 303 | |||||||
Increases related to tax positions from prior years | 33 | 24 | 24 | ||||||||||
Decreases related to tax positions from prior years | (33 | ) | (16 | ) | (31 | ) | |||||||
Increases related to tax provisions taken during the current year | 40 | 30 | 23 | ||||||||||
Settlements with tax authorities | (2 | ) | (35 | ) | (33 | ) | |||||||
Lapses of statutes of limitation | (17 | ) | (20 | ) | (13 | ) | |||||||
Total gross unrecognized tax benefits - December 31 | $ | 277 | $ | 256 | $ | 273 | |||||||
Employee_Stock_Compensation_Pl1
Employee Stock Compensation Plans (Tables) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block] | ' | |||||||||||||
The following table reports restricted stock activity during the year ended December 31, 2013: | ||||||||||||||
Shares in thousands | Number of Shares | Weighted Average Grant-Date Fair Value per Share | ||||||||||||
Unvested shares as of January 1 | 4,720 | $ | 19.02 | |||||||||||
Shares granted | 2,286 | $ | 25.64 | |||||||||||
Shares vested | (1,156 | ) | $ | 15.56 | ||||||||||
Shares forfeited | (541 | ) | $ | 21.75 | ||||||||||
Unvested shares as of December 31 | 5,309 | $ | 22.3 | |||||||||||
The total fair value of shares vested and distributed was $33 million in 2013, $68 million in 2012, and $1 million in 2011. As of December 31, 2013, there was $54 million of unrecognized compensation cost related to unvested restricted stock grants. The unrecognized compensation cost is expected to be recognized over a remaining weighted-average period of 1.4 years. The weighted average grant date fair value for restricted stock awards granted in 2012 and 2011 was $19.59 and $18.84, respectively. | ||||||||||||||
The following table represents the composition of restricted stock grants in 2013: | ||||||||||||||
Shares in thousands | Number of Shares | Weighted Average Grant-Date Fair Value | ||||||||||||
Service-based shares | 944 | $ | 27.72 | |||||||||||
Performance-based shares | 1,342 | $ | 24.18 | |||||||||||
Total restricted stock grants | 2,286 | $ | 25.64 | |||||||||||
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block] | ' | |||||||||||||
As of December 31, 2013, the Company’s primary types of stock-based compensation were restricted stock and stock options. The Company recorded stock-based compensation expense, the components of which are further described below, for the years ended December 31 as follows: | ||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||
Restricted stock | $ | 39 | $ | 46 | $ | 27 | ||||||||
Stock options | 2 | 3 | 6 | |||||||||||
Total stock-based compensation (pre-tax) | 41 | 49 | 33 | |||||||||||
Tax benefit | (13 | ) | (14 | ) | (10 | ) | ||||||||
Total stock-based compensation (net of tax) | $ | 28 | $ | 35 | $ | 23 | ||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | ' | |||||||||||||
The weighted average fair value of options granted was estimated based on the below weighted average assumptions and was $8.24 per share in 2012 and $7.38 per share in 2011. | ||||||||||||||
2012 | 2011 | |||||||||||||
Dividend yield | — | — | ||||||||||||
Risk-free interest rate | 0.78 | % | 2.04 | % | ||||||||||
Expected volatility | 40.1 | % | 40.4 | % | ||||||||||
Expected holding period (years) | 5 | 5.1 | ||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | |||||||||||||
The following table summarizes the Company’s stock option activity for the year ended December 31, 2013: | ||||||||||||||
Shares in thousands | Shares Under Option | Weighted Average Exercise Price per Share | Weighted Average Remaining Contractual Term (in years) | Aggregate Intrinsic Value | ||||||||||
(in millions) | ||||||||||||||
Outstanding as of January 1 | 4,858 | $ | 17.49 | |||||||||||
Granted | — | $ | — | |||||||||||
Exercised | (2,870 | ) | $ | 17.66 | ||||||||||
Forfeited or expired | (50 | ) | $ | 13.86 | ||||||||||
Outstanding as of December 31 | 1,938 | $ | 17.32 | 4.02 | $ | 32 | ||||||||
Fully vested and expected to vest as of December 31 | 1,918 | $ | 17.36 | 4.14 | $ | 32 | ||||||||
Exercisable as of December 31 | 1,708 | $ | 17.84 | 3.71 | $ | 27 | ||||||||
Employee_Benefit_Plans_Tables
Employee Benefit Plans (Tables) | 12 Months Ended | |||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||||||||||||||
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost (income) during 2014 are as follows: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. | International Pension Benefits | Total | Postretirement Benefits | Postemployment Benefits | |||||||||||||||||||||||||||||||
Pension Benefits | Pension Benefits | |||||||||||||||||||||||||||||||||||
Prior service cost (income) | $ | — | $ | 2 | $ | 2 | $ | (18 | ) | $ | (4 | ) | ||||||||||||||||||||||||
Actuarial loss | $ | — | $ | — | $ | — | $ | 2 | $ | — | ||||||||||||||||||||||||||
Schedule of Assumptions Used [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The weighted average rates and assumptions used to determine net periodic benefit cost for the years ended December 31 were as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||
Discount rate | 3.8 | % | 4 | % | 5.3 | % | 3.7 | % | 4.1 | % | 4.6 | % | 3.7 | % | 4 | % | 5 | % | ||||||||||||||||||
Expected return on plan assets | 3.8 | % | 4.8 | % | 6.8 | % | 4.6 | % | 4.8 | % | 5.5 | % | 4.1 | % | 4.8 | % | 6.3 | % | ||||||||||||||||||
Rate of compensation increase | N/A | N/A | N/A | 2.5 | % | 3 | % | 3.5 | % | 2.5 | % | 3 | % | 3.5 | % | |||||||||||||||||||||
The assumptions utilized in accounting for postretirement benefit obligations as of December 31 and for postretirement benefit income for the years ended December 31 were: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefit Obligations | Postretirement Benefit Costs | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||
Discount rate | 3.4 | % | 2.6 | % | 2.6 | % | 3.3 | % | 4.3 | % | ||||||||||||||||||||||||||
Assumed healthcare cost trend rates as of December 31 were: | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
Pre-65 Coverage | Post-65 Coverage | Pre-65 Coverage | Post-65 Coverage | |||||||||||||||||||||||||||||||||
Healthcare cost trend rate assumed for next year | 7 | % | 6 | % | 8 | % | 6.5 | % | ||||||||||||||||||||||||||||
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) | 5 | % | 5 | % | 5 | % | 5 | % | ||||||||||||||||||||||||||||
Year that the rate reaches the ultimate rate | 2024 | 2024 | 2018 | 2018 | ||||||||||||||||||||||||||||||||
Schedule of Allocation of Plan Assets [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The fair value of plan assets as of December 31, 2013 and 2012 by asset category is as follows: | ||||||||||||||||||||||||||||||||||||
U.S. | International | |||||||||||||||||||||||||||||||||||
In millions | Notes | Fair Value as of December 31, 2013 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | Fair Value as of December 31, 2013 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | |||||||||||||||||||||||||||
(Level 3) | (Level 3) | |||||||||||||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||||||
Equity securities: | ||||||||||||||||||||||||||||||||||||
Common stock | 1 | $ | — | $ | — | $ | — | $ | — | $ | 65 | $ | 65 | $ | — | $ | — | |||||||||||||||||||
Fixed income securities: | ||||||||||||||||||||||||||||||||||||
Government securities | 2 | 260 | — | 260 | — | 209 | — | 205 | 4 | |||||||||||||||||||||||||||
Corporate debt | 3 | 1,091 | — | 1,091 | — | 110 | — | 110 | — | |||||||||||||||||||||||||||
Other types of investments: | ||||||||||||||||||||||||||||||||||||
Money market funds | 4 | 24 | — | 24 | — | 57 | — | 57 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Equities | 4 | — | — | — | — | 155 | — | 155 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Bonds | 4 | 1,035 | — | 1,035 | — | 153 | — | 153 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Short Term Investments | 4 | 44 | — | 44 | — | — | — | — | — | |||||||||||||||||||||||||||
Common and commingled trusts - Balanced | 4 | — | — | — | — | 158 | — | 158 | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Real estate | 5 | 35 | — | — | 35 | — | — | — | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Other | 5 | 48 | — | — | 48 | 49 | — | — | 49 | |||||||||||||||||||||||||||
Mutual funds | 4 | 146 | 146 | — | — | — | — | — | — | |||||||||||||||||||||||||||
Insurance products | 4 | — | — | — | — | 1,283 | — | 1,283 | — | |||||||||||||||||||||||||||
Real estate and other | 5 | — | — | — | — | 134 | — | — | 134 | |||||||||||||||||||||||||||
Total | $ | 2,683 | $ | 146 | $ | 2,454 | $ | 83 | $ | 2,373 | $ | 65 | $ | 2,121 | $ | 187 | ||||||||||||||||||||
U.S. | International | |||||||||||||||||||||||||||||||||||
In millions | Notes | Fair Value as of December 31, 2012 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | Fair Value as of December 31, 2012 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs | |||||||||||||||||||||||||||
(Level 3) | (Level 3) | |||||||||||||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||||||
Equity securities: | ||||||||||||||||||||||||||||||||||||
Common stock | 1 | $ | 2 | $ | 1 | $ | — | $ | 1 | $ | 170 | $ | 170 | $ | — | $ | — | |||||||||||||||||||
Fixed income securities: | ||||||||||||||||||||||||||||||||||||
Government securities | 2 | 228 | — | 228 | — | 114 | — | 114 | — | |||||||||||||||||||||||||||
Corporate debt | 3 | 1,221 | — | 1,221 | — | 199 | — | 199 | — | |||||||||||||||||||||||||||
Other types of investments: | ||||||||||||||||||||||||||||||||||||
Money market funds | 4 | 33 | — | 33 | — | 46 | — | 46 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Equities | 4 | — | — | — | — | 246 | 105 | 141 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Bonds | 4 | 1,191 | — | 1,191 | — | 907 | — | 907 | — | |||||||||||||||||||||||||||
Common and commingled trusts - Short Term Investments | 4 | 49 | — | 49 | — | — | — | — | — | |||||||||||||||||||||||||||
Common and commingled trusts - Balanced | 4 | 1 | — | 1 | — | 36 | — | 36 | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Real estate | 5 | 40 | — | — | 40 | — | — | — | — | |||||||||||||||||||||||||||
Partnership/joint venture interests - Other | 5 | 22 | — | — | 22 | 62 | — | — | 62 | |||||||||||||||||||||||||||
Mutual funds | 4 | 206 | 206 | — | — | 261 | 261 | — | — | |||||||||||||||||||||||||||
Insurance products | 4 | 28 | — | 28 | — | 56 | — | 56 | — | |||||||||||||||||||||||||||
Real estate and other | 5 | 1 | — | 1 | — | 131 | — | — | 131 | |||||||||||||||||||||||||||
Total | $ | 3,022 | $ | 207 | $ | 2,752 | $ | 63 | $ | 2,228 | $ | 536 | $ | 1,499 | $ | 193 | ||||||||||||||||||||
Notes: | ||||||||||||||||||||||||||||||||||||
1 | Common stocks are valued based on quoted market prices at the closing price as reported on the active market on which the individual securities are traded. | |||||||||||||||||||||||||||||||||||
2 | Government securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar securities, the security is valued under a discounted cash flows approach that maximizes observable inputs, such as current yields on similar instruments but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks. | |||||||||||||||||||||||||||||||||||
3 | Corporate debt is valued primarily based on observable market quotations for similar bonds at the closing price reported on the active market on which the individual securities are traded. When such quoted prices are not available, the bonds are valued using a discounted cash flows approach using current yields on similar instruments of issuers with similar credit ratings. | |||||||||||||||||||||||||||||||||||
4 | Common/collective trusts and registered investment companies (RICs) such as mutual funds are valued using a Net Asset Value (NAV) provided by the manager of each fund. The NAV is based on the underlying net assets owned by the fund, divided by the number of shares or units outstanding. The fair value of the underlying securities within the fund, which are generally traded on an active market, are valued at the closing price reported on the active market on which those individual securities are traded. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiple and cost valuation approaches, are employed by the fund manager or independent third party to value investments. | |||||||||||||||||||||||||||||||||||
5 | Partnership/joint ventures and hedge funds are valued based on the fair value of the underlying securities within the fund, which include investments both traded on an active market and not traded on an active market. For those investments that are traded on an active market, the values are based on the closing price reported on the active market on which those individual securities are traded and in the case of hedge funds they are valued using a Net Asset Value (NAV) provided by the manager of each fund. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiples and cost valuation approaches, are employed by the fund manager to value investments. | |||||||||||||||||||||||||||||||||||
Plan Assets The weighted average asset allocations as of December 31, 2013 and 2012 by asset category are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Fund | International Pension Fund | |||||||||||||||||||||||||||||||||||
Actual Allocation of Plan Assets as of December 31 | Target Asset Allocation | Actual Allocation of Plan Assets as of December 31 | Target Asset Allocation | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Equity securities | — | % | — | % | 0 - 2% | 11 | % | 24 | % | 6 - 14% | ||||||||||||||||||||||||||
Debt securities | 97 | % | 97 | % | 96 - 100% | 76 | % | 65 | % | 71 - 82% | ||||||||||||||||||||||||||
Real estate | 1 | % | 1 | % | 0 - 2% | 6 | % | 6 | % | 3 - 7% | ||||||||||||||||||||||||||
Other | 2 | % | 2 | % | 0 - 2% | 7 | % | 5 | % | 4 - 11% | ||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | ||||||||||||||||||||||||||||
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
In addition, a one percentage point change in assumed healthcare cost trend rates would have had an immaterial impact on the postretirement benefit income and obligation. | ||||||||||||||||||||||||||||||||||||
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The following table presents the reconciliation of the beginning and ending balances of those plan assets classified within Level 3 of the valuation hierarchy. When the determination is made to classify the plan assets within Level 3, the determination is based upon the significance of the unobservable inputs to the overall fair value measurement. | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Plans | International Pension Plans | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2011 | $ | 96 | $ | 187 | ||||||||||||||||||||||||||||||||
Realized and unrealized gains and losses, net | 4 | 17 | ||||||||||||||||||||||||||||||||||
Purchases, sales and settlements, net | (37 | ) | (11 | ) | ||||||||||||||||||||||||||||||||
Transfers, net | — | — | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2012 | $ | 63 | $ | 193 | ||||||||||||||||||||||||||||||||
Realized and unrealized gains and losses, net | 8 | 19 | ||||||||||||||||||||||||||||||||||
Purchases, sales and settlements, net | (16 | ) | (29 | ) | ||||||||||||||||||||||||||||||||
Transfers, net | 28 | 4 | ||||||||||||||||||||||||||||||||||
Balance, December 31, 2013 | $ | 83 | $ | 187 | ||||||||||||||||||||||||||||||||
Schedule of Expected Benefit Payments [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
Estimated Future Benefit Payments NCR expects to make the following benefit payments reflecting past and future service from its pension, postretirement and postemployment plans: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | Postretirement Benefits | Postemployment Benefits | |||||||||||||||||||||||||||||||
Year | ||||||||||||||||||||||||||||||||||||
2014 | $ | 233 | $ | 106 | $ | 339 | $ | 4 | $ | 30 | ||||||||||||||||||||||||||
2015 | $ | 212 | $ | 102 | $ | 314 | $ | 4 | $ | 27 | ||||||||||||||||||||||||||
2016 | $ | 209 | $ | 106 | $ | 315 | $ | 3 | $ | 25 | ||||||||||||||||||||||||||
2017 | $ | 207 | $ | 104 | $ | 311 | $ | 3 | $ | 24 | ||||||||||||||||||||||||||
2018 | $ | 206 | $ | 104 | $ | 310 | $ | 2 | $ | 22 | ||||||||||||||||||||||||||
2019 - 2023 | $ | 997 | $ | 534 | $ | 1,531 | $ | 7 | $ | 91 | ||||||||||||||||||||||||||
Pension Plan, Defined Benefit [Member] | ' | |||||||||||||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||||||||||||||
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligations for NCR's pension plans are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 3,462 | $ | 4,084 | $ | 2,249 | $ | 2,073 | $ | 5,711 | $ | 6,157 | ||||||||||||||||||||||||
Net service cost | — | — | 14 | 14 | 14 | 14 | ||||||||||||||||||||||||||||||
Interest cost | 124 | 159 | 79 | 83 | 203 | 242 | ||||||||||||||||||||||||||||||
Amendment | — | — | 4 | 9 | 4 | 9 | ||||||||||||||||||||||||||||||
Actuarial (gain) loss | (271 | ) | (94 | ) | (45 | ) | 112 | (316 | ) | 18 | ||||||||||||||||||||||||||
Benefits paid | (410 | ) | (687 | ) | (113 | ) | (111 | ) | (523 | ) | (798 | ) | ||||||||||||||||||||||||
Plan participant contributions | — | — | 3 | 3 | 3 | 3 | ||||||||||||||||||||||||||||||
Settlement | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||
Special termination benefit cost | 26 | — | — | — | 26 | — | ||||||||||||||||||||||||||||||
Acquired pension obligation | — | — | 4 | — | 4 | — | ||||||||||||||||||||||||||||||
Currency translation adjustments | — | — | 19 | 68 | 19 | 68 | ||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 2,931 | $ | 3,462 | $ | 2,214 | $ | 2,249 | $ | 5,145 | $ | 5,711 | ||||||||||||||||||||||||
Accumulated benefit obligation as of December 31 | $ | 2,931 | $ | 3,462 | $ | 2,180 | $ | 2,166 | $ | 5,111 | $ | 5,628 | ||||||||||||||||||||||||
Schedule of Changes in Fair Value of Plan Assets [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
A reconciliation of the beginning and ending balances of the fair value of the plan assets of NCR's pension plans are as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Change in plan assets | ||||||||||||||||||||||||||||||||||||
Fair value of plan assets as of January 1 | $ | 3,022 | $ | 2,733 | $ | 2,228 | $ | 1,981 | $ | 5,250 | $ | 4,714 | ||||||||||||||||||||||||
Actual return on plan assets | (116 | ) | 325 | 129 | 181 | 13 | 506 | |||||||||||||||||||||||||||||
Company contributions | 187 | 651 | 96 | 101 | 283 | 752 | ||||||||||||||||||||||||||||||
Benefits paid | (410 | ) | (687 | ) | (113 | ) | (111 | ) | (523 | ) | (798 | ) | ||||||||||||||||||||||||
Settlement | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||
Currency translation adjustments | — | — | 30 | 75 | 30 | 75 | ||||||||||||||||||||||||||||||
Plan participant contributions | — | — | 3 | 3 | 3 | 3 | ||||||||||||||||||||||||||||||
Fair value of plan assets as of December 31 | $ | 2,683 | $ | 3,022 | $ | 2,373 | $ | 2,228 | $ | 5,056 | $ | 5,250 | ||||||||||||||||||||||||
Schedule of Net Benefit Costs [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The net periodic benefit (income) cost of the pension plans for the years ended December 31 was as follows: | ||||||||||||||||||||||||||||||||||||
In millions | U.S. Pension Benefits | International | Total Pension Benefits | |||||||||||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||
Net service cost | $ | — | $ | — | $ | — | $ | 14 | $ | 14 | $ | 15 | $ | 14 | $ | 14 | $ | 15 | ||||||||||||||||||
Interest cost | 124 | 159 | 182 | 79 | 83 | 90 | 203 | 242 | 272 | |||||||||||||||||||||||||||
Expected return on plan assets | (109 | ) | (127 | ) | (175 | ) | (99 | ) | (98 | ) | (106 | ) | (208 | ) | (225 | ) | (281 | ) | ||||||||||||||||||
Amortization of prior service cost | — | — | — | 6 | 7 | 6 | 6 | 7 | 6 | |||||||||||||||||||||||||||
Special termination benefit cost | 26 | — | — | — | — | — | 26 | — | — | |||||||||||||||||||||||||||
Actuarial (gain) loss | (43 | ) | (293 | ) | 450 | (76 | ) | 31 | 120 | (119 | ) | (262 | ) | 570 | ||||||||||||||||||||||
Net periodic benefit (income) cost | $ | (2 | ) | $ | (261 | ) | $ | 457 | $ | (76 | ) | $ | 37 | $ | 125 | $ | (78 | ) | $ | (224 | ) | $ | 582 | |||||||||||||
Schedule of Net Benefit Costs and Amounts Recognized in Balance Sheet [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The following table presents the funded status and the reconciliation of the funded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss as of December 31: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Funded Status | $ | (248 | ) | $ | (440 | ) | $ | 159 | $ | (21 | ) | $ | (89 | ) | $ | (461 | ) | |||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Noncurrent assets | $ | — | $ | — | $ | 478 | $ | 368 | $ | 478 | $ | 368 | ||||||||||||||||||||||||
Current liabilities | (17 | ) | (9 | ) | (18 | ) | (15 | ) | (35 | ) | (24 | ) | ||||||||||||||||||||||||
Noncurrent liabilities | (231 | ) | (431 | ) | (301 | ) | (374 | ) | (532 | ) | (805 | ) | ||||||||||||||||||||||||
Net amounts recognized | $ | (248 | ) | $ | (440 | ) | $ | 159 | $ | (21 | ) | $ | (89 | ) | $ | (461 | ) | |||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Prior service cost | — | — | 2 | 5 | 2 | 5 | ||||||||||||||||||||||||||||||
Total | $ | — | $ | — | $ | 2 | $ | 5 | $ | 2 | $ | 5 | ||||||||||||||||||||||||
Schedule of Assumptions Used [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The weighted average rates and assumptions used to determine benefit obligations as of December 31 were as follows: | ||||||||||||||||||||||||||||||||||||
U.S. Pension Benefits | International Pension Benefits | Total Pension Benefits | ||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||
Discount rate | 4.6 | % | 3.8 | % | 3.8 | % | 3.7 | % | 4.3 | % | 3.7 | % | ||||||||||||||||||||||||
Rate of compensation increase | N/A | N/A | 2.7 | % | 2.5 | % | 2.7 | % | 2.5 | % | ||||||||||||||||||||||||||
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | |||||||||||||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||||||||||||||
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligation for NCR's U.S. postretirement plan is as follows: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 35 | $ | 44 | ||||||||||||||||||||||||||||||||
Gross service cost | — | — | ||||||||||||||||||||||||||||||||||
Interest cost | 1 | 1 | ||||||||||||||||||||||||||||||||||
Amendment | — | (4 | ) | |||||||||||||||||||||||||||||||||
Actuarial (gain) loss | (5 | ) | (1 | ) | ||||||||||||||||||||||||||||||||
Plan participant contributions | 2 | 3 | ||||||||||||||||||||||||||||||||||
Benefits paid | (6 | ) | (8 | ) | ||||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 27 | $ | 35 | ||||||||||||||||||||||||||||||||
Schedule of Net Benefit Costs [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The net periodic benefit (income) cost of the postretirement plan for the years ended December 31 was: | ||||||||||||||||||||||||||||||||||||
In millions | Postretirement Benefits | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||||
Interest cost | $ | 1 | $ | 1 | $ | 2 | ||||||||||||||||||||||||||||||
Net service cost | — | — | — | |||||||||||||||||||||||||||||||||
Amortization of: | ||||||||||||||||||||||||||||||||||||
Prior service benefit | (18 | ) | (18 | ) | (18 | ) | ||||||||||||||||||||||||||||||
Actuarial loss | 2 | 3 | 3 | |||||||||||||||||||||||||||||||||
Net periodic benefit (income) cost | $ | (15 | ) | $ | (14 | ) | $ | (13 | ) | |||||||||||||||||||||||||||
Schedule of Net Benefit Costs and Amounts Recognized in Balance Sheet [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The following table presents the funded status and the reconciliation of the funded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss as of December 31: | ||||||||||||||||||||||||||||||||||||
Postretirement Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Benefit obligation | $ | (27 | ) | $ | (35 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Current liabilities | $ | (4 | ) | $ | (5 | ) | ||||||||||||||||||||||||||||||
Noncurrent liabilities | (23 | ) | (30 | ) | ||||||||||||||||||||||||||||||||
Net amounts recognized | $ | (27 | ) | $ | (35 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Net actuarial loss | $ | 20 | $ | 29 | ||||||||||||||||||||||||||||||||
Prior service benefit | (69 | ) | (88 | ) | ||||||||||||||||||||||||||||||||
Total | $ | (49 | ) | $ | (59 | ) | ||||||||||||||||||||||||||||||
Postemployment Benefits [Member] | ' | |||||||||||||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||||||||||||||
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
Reconciliation of the beginning and ending balances of the benefit obligation for NCR's postemployment plan was: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Change in benefit obligation | ||||||||||||||||||||||||||||||||||||
Benefit obligation as of January 1 | $ | 258 | $ | 264 | ||||||||||||||||||||||||||||||||
Restructuring program cost | — | (1 | ) | |||||||||||||||||||||||||||||||||
Service cost | 24 | 24 | ||||||||||||||||||||||||||||||||||
Interest cost | 6 | 9 | ||||||||||||||||||||||||||||||||||
Amendments | 1 | (3 | ) | |||||||||||||||||||||||||||||||||
Benefits paid | (35 | ) | (37 | ) | ||||||||||||||||||||||||||||||||
Curtailment | (51 | ) | — | |||||||||||||||||||||||||||||||||
Foreign currency exchange | (6 | ) | 1 | |||||||||||||||||||||||||||||||||
Actuarial (gain) loss | (21 | ) | 1 | |||||||||||||||||||||||||||||||||
Benefit obligation as of December 31 | $ | 176 | $ | 258 | ||||||||||||||||||||||||||||||||
Schedule of Net Benefit Costs [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The net periodic benefit cost of the postemployment plan for the years ended December 31 was: | ||||||||||||||||||||||||||||||||||||
In millions | Postemployment Benefits | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||||
Service cost | $ | 24 | $ | 24 | $ | 25 | ||||||||||||||||||||||||||||||
Interest cost | 6 | 9 | 10 | |||||||||||||||||||||||||||||||||
Amortization of: | ||||||||||||||||||||||||||||||||||||
Prior service benefit | (4 | ) | (6 | ) | (9 | ) | ||||||||||||||||||||||||||||||
Actuarial loss | 5 | 11 | 14 | |||||||||||||||||||||||||||||||||
Curtailment gain | (13 | ) | — | — | ||||||||||||||||||||||||||||||||
Net benefit cost | $ | 18 | $ | 38 | $ | 40 | ||||||||||||||||||||||||||||||
Restructuring severance cost | — | (1 | ) | 6 | ||||||||||||||||||||||||||||||||
Net periodic benefit cost | $ | 18 | $ | 37 | $ | 46 | ||||||||||||||||||||||||||||||
Schedule of Net Benefit Costs and Amounts Recognized in Balance Sheet [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The following tables present the funded status and the reconciliation of the unfunded status to amounts recognized in the Consolidated Balance Sheets and in accumulated other comprehensive loss at December 31: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefits | ||||||||||||||||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Benefit obligation | $ | (176 | ) | $ | (258 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in the Consolidated Balance Sheets | ||||||||||||||||||||||||||||||||||||
Current liabilities | $ | (30 | ) | $ | (42 | ) | ||||||||||||||||||||||||||||||
Noncurrent liabilities | (146 | ) | (216 | ) | ||||||||||||||||||||||||||||||||
Net amounts recognized | $ | (176 | ) | $ | (258 | ) | ||||||||||||||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||||
Net actuarial loss | $ | 5 | $ | 87 | ||||||||||||||||||||||||||||||||
Prior service benefit | (18 | ) | (36 | ) | ||||||||||||||||||||||||||||||||
Total | $ | (13 | ) | $ | 51 | |||||||||||||||||||||||||||||||
Schedule of Assumptions Used [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||
The weighted average assumptions utilized in accounting for postemployment benefit obligations as of December 31 and for postemployment benefit costs for the years ended December 31 were: | ||||||||||||||||||||||||||||||||||||
Postemployment Benefit Obligations | Postemployment Benefit Costs | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||||||||||
Discount rate | 3.2 | % | 2.9 | % | 2.9 | % | 3.5 | % | 3.9 | % | ||||||||||||||||||||||||||
Salary increase rate | 2.8 | % | 2.6 | % | 2.6 | % | 3.2 | % | 3.4 | % | ||||||||||||||||||||||||||
Involuntary turnover rate | 4.8 | % | 5.5 | % | 5.5 | % | 5.5 | % | 5.5 | % |
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||||||||||||||||||
Schedule of Product Warranty Liability [Table Text Block] | ' | ||||||||||||||||||||
The Company recorded the activity related to the warranty reserve for the years ended December 31 as follows: | |||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | ||||||||||||||||||
Warranty reserve liability | |||||||||||||||||||||
Beginning balance as of January 1 | $ | 26 | $ | 23 | $ | 24 | |||||||||||||||
Accruals for warranties issued | 39 | 46 | 42 | ||||||||||||||||||
Settlements (in cash or in kind) | (43 | ) | (43 | ) | (43 | ) | |||||||||||||||
Ending balance as of December 31 | $ | 22 | $ | 26 | $ | 23 | |||||||||||||||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | ||||||||||||||||||||
Future minimum lease payments under non-cancelable operating leases as of December 31, 2013, for the following fiscal years were: | |||||||||||||||||||||
In millions | 2014 | 2015 | 2016 | 2017 | 2018 | ||||||||||||||||
Minimum lease obligations | $ | 94 | $ | 67 | $ | 44 | $ | 21 | $ | 9 | |||||||||||
Derivatives_and_Hedging_Instru1
Derivatives and Hedging Instruments (Tables) | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||||||||||||||||||||||||||
Schedule of Derivative Fair Value Amounts [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||
The following tables provide information on the location and amounts of derivative fair values in the Consolidated Balance Sheets: | ||||||||||||||||||||||||||||||||||||||||
Fair Values of Derivative Instruments | ||||||||||||||||||||||||||||||||||||||||
December 31, 2013 | December 31, 2013 | |||||||||||||||||||||||||||||||||||||||
In millions | Balance Sheet | Notional | Fair | Balance Sheet | Notional | Fair | ||||||||||||||||||||||||||||||||||
Location | Amount | Value | Location | Amount | Value | |||||||||||||||||||||||||||||||||||
Derivatives designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | Other current assets | $ | — | $ | — | Other current liabilities and other liabilities * | $ | 518 | $ | 10 | ||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | 103 | 1 | Other current liabilities | — | — | ||||||||||||||||||||||||||||||||||
Total derivatives designated as hedging instruments | $ | 1 | $ | 10 | ||||||||||||||||||||||||||||||||||||
Derivatives not designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | $ | 162 | $ | 1 | Other current liabilities | $ | 158 | $ | 1 | ||||||||||||||||||||||||||||||
Total derivatives not designated as hedging instruments | $ | 1 | $ | 1 | ||||||||||||||||||||||||||||||||||||
Total derivatives | $ | 2 | $ | 11 | ||||||||||||||||||||||||||||||||||||
Fair Values of Derivative Instruments | ||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | December 31, 2012 | |||||||||||||||||||||||||||||||||||||||
In millions | Balance Sheet | Notional | Fair | Balance Sheet | Notional | Fair | ||||||||||||||||||||||||||||||||||
Location | Amount | Value | Location | Amount | Value | |||||||||||||||||||||||||||||||||||
Derivatives designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | Other current assets | $ | — | $ | — | Other current liabilities and other liabilities * | $ | 560 | $ | 16 | ||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | 28 | — | Other current liabilities | 72 | 1 | ||||||||||||||||||||||||||||||||||
Total derivatives designated as hedging instruments | $ | — | $ | 17 | ||||||||||||||||||||||||||||||||||||
Derivatives not designated as hedging instruments | ||||||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other current assets | $ | 169 | $ | 1 | Other current liabilities | $ | 245 | $ | 3 | ||||||||||||||||||||||||||||||
Total derivatives not designated as hedging instruments | $ | 1 | $ | 3 | ||||||||||||||||||||||||||||||||||||
Total derivatives | $ | 1 | $ | 20 | ||||||||||||||||||||||||||||||||||||
* As of December 31, 2013, approximately $3 million was recorded in other current liabilities and $7 million was recorded in other liabilities related to the interest rate swap. As of December 31, 2012, approximately $5 million was recorded in other current liabilities and $11 million was recorded in other liabilities related to the interest rate swap. | ||||||||||||||||||||||||||||||||||||||||
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||
The effect of derivative instruments on the Consolidated Statement of Operations for the years ended December 31 were as follows: | ||||||||||||||||||||||||||||||||||||||||
In millions | Amount of Gain (Loss) | Amount of Gain (Loss) | Amount of Gain (Loss) | |||||||||||||||||||||||||||||||||||||
Recognized in Other Comprehensive Income (OCI) on | Reclassified from | Recognized in the | ||||||||||||||||||||||||||||||||||||||
Derivative | AOCI | Consolidated | ||||||||||||||||||||||||||||||||||||||
(Effective Portion) | into the Consolidated | Statement of | ||||||||||||||||||||||||||||||||||||||
Statement of Operations | Operations | |||||||||||||||||||||||||||||||||||||||
(Effective Portion) | (Ineffective Portion and | |||||||||||||||||||||||||||||||||||||||
Amount Excluded from | ||||||||||||||||||||||||||||||||||||||||
Effectiveness Testing) | ||||||||||||||||||||||||||||||||||||||||
Derivatives in | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | Location of | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | Location of | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | |||||||||||||||||||||||||||||
Cash Flow | Gain (Loss) | Gain (Loss) | ||||||||||||||||||||||||||||||||||||||
Hedging | Reclassified from | Recognized | ||||||||||||||||||||||||||||||||||||||
Relationships | AOCI into the | in the | ||||||||||||||||||||||||||||||||||||||
Consolidated | Consolidated | |||||||||||||||||||||||||||||||||||||||
Statement of | Statement of | |||||||||||||||||||||||||||||||||||||||
Operations | Operations | |||||||||||||||||||||||||||||||||||||||
(Effective Portion) | (Ineffective | |||||||||||||||||||||||||||||||||||||||
Portion and Amount | ||||||||||||||||||||||||||||||||||||||||
Excluded from | ||||||||||||||||||||||||||||||||||||||||
Effectiveness Testing) | ||||||||||||||||||||||||||||||||||||||||
Interest rate swap | $ | — | $ | (12 | ) | $ | (9 | ) | Interest expense | $ | (7 | ) | $ | (5 | ) | $ | (1 | ) | Interest expense | $ | — | $ | — | $ | — | |||||||||||||||
Foreign exchange contracts | $ | 2 | $ | (2 | ) | $ | (3 | ) | Cost of | $ | 1 | $ | 4 | $ | (3 | ) | Other (expense) income, net | $ | — | $ | — | $ | 1 | |||||||||||||||||
Products | ||||||||||||||||||||||||||||||||||||||||
In millions | Amount of Gain (Loss) Recognized in the Consolidated | |||||||||||||||||||||||||||||||||||||||
Statement of Operations | ||||||||||||||||||||||||||||||||||||||||
Derivatives not Designated as Hedging Instruments | Location of Gain (Loss) Recognized in the Consolidated Statement of Operations | For the year ended December 31, 2013 | For the year ended December 31, 2012 | For the year ended December 31, 2011 | ||||||||||||||||||||||||||||||||||||
Foreign exchange contracts | Other (expense) income, net | $ | (19 | ) | $ | (8 | ) | $ | 6 | |||||||||||||||||||||||||||||||
Fair_Value_of_Assets_and_Liabi1
Fair Value of Assets and Liabilities (Tables) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | |||||||||||||||
Assets and liabilities recorded at fair value on a recurring basis as of December 31, 2013 and 2012 are set forth as follows: | ||||||||||||||||
Fair Value Measurements at Reporting Date Using | ||||||||||||||||
In millions | Fair Value as of December 31, 2013 | Quoted Prices | Significant | Significant | ||||||||||||
in Active | Other | Unobservable | ||||||||||||||
Markets for | Observable | Inputs | ||||||||||||||
Identical Assets | Inputs | (Level 3) | ||||||||||||||
(Level 1) | (Level 2) | |||||||||||||||
Assets: | ||||||||||||||||
Deposits held in money market mutual funds* | $ | 9 | $ | 9 | $ | — | $ | — | ||||||||
Available for sale securities** | 8 | 8 | — | — | ||||||||||||
Foreign exchange contracts *** | 2 | — | 2 | — | ||||||||||||
Total | $ | 19 | $ | 17 | $ | 2 | $ | — | ||||||||
Liabilities: | ||||||||||||||||
Interest rate swap **** | $ | 10 | $ | — | $ | 10 | $ | — | ||||||||
Foreign exchange contracts**** | 1 | — | 1 | — | ||||||||||||
Total | $ | 11 | $ | — | $ | 11 | $ | — | ||||||||
Fair Value Measurements at Reporting Date Using | ||||||||||||||||
In millions | Fair Value as of December 31, 2012 | Quoted Prices | Significant | Significant | ||||||||||||
in Active | Other | Unobservable | ||||||||||||||
Markets for | Observable | Inputs | ||||||||||||||
Identical Assets | Inputs | (Level 3) | ||||||||||||||
(Level 1) | (Level 2) | |||||||||||||||
Assets: | ||||||||||||||||
Deposits held in money market mutual funds* | $ | 527 | $ | 527 | $ | — | $ | — | ||||||||
Available for sale securities** | 11 | 11 | — | — | ||||||||||||
Foreign exchange contracts *** | 1 | — | 1 | — | ||||||||||||
Total | $ | 539 | $ | 538 | $ | 1 | $ | — | ||||||||
Liabilities: | ||||||||||||||||
Interest rate swap **** | $ | 16 | $ | — | $ | 16 | $ | — | ||||||||
Foreign exchange contracts**** | 4 | — | 4 | — | ||||||||||||
Total | $ | 20 | $ | — | $ | 20 | $ | — | ||||||||
_____________ | ||||||||||||||||
* Included in Cash and cash equivalents in the Consolidated Balance Sheets. | ||||||||||||||||
** Included in Other assets in the Consolidated Balance Sheets. | ||||||||||||||||
*** Included in Other current assets in the Consolidated Balance Sheets. | ||||||||||||||||
**** Included in Other current liabilities and Other liabilities in the Consolidated Balance Sheets. |
Segment_Information_and_Concen1
Segment Information and Concentrations (Tables) | 12 Months Ended | |||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||||||||
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | ' | |||||||||||||||||||||
The following table presents revenue and operating income by segment for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||||||||||
Revenue by segment | ||||||||||||||||||||||
Financial Services | $ | 3,115 | $ | 3,201 | $ | 2,999 | ||||||||||||||||
Retail Solutions(1) | 2,034 | 1,667 | 1,778 | |||||||||||||||||||
Hospitality(2) | 626 | 522 | 141 | |||||||||||||||||||
Emerging Industries | 348 | 340 | 373 | |||||||||||||||||||
Consolidated revenue | 6,123 | 5,730 | 5,291 | |||||||||||||||||||
Operating income by segment | ||||||||||||||||||||||
Financial Services | 356 | 327 | 313 | |||||||||||||||||||
Retail Solutions(1) | 205 | 102 | 71 | |||||||||||||||||||
Hospitality(2) | 100 | 85 | 22 | |||||||||||||||||||
Emerging Industries | 56 | 75 | 77 | |||||||||||||||||||
Subtotal - segment operating income | 717 | 589 | 483 | |||||||||||||||||||
Pension (benefit) expense | (78 | ) | (224 | ) | 582 | |||||||||||||||||
Other adjustments(3) | 129 | 65 | 49 | |||||||||||||||||||
Income (loss) from operations | $ | 666 | $ | 748 | $ | (148 | ) | |||||||||||||||
-1 | From the acquisition date of February 6, 2013 through December 31, 2013, Retalix contributed $298 million in revenue and $53 million in segment operating income to the Retail Solutions segment. | |||||||||||||||||||||
-2 | The acquisition of Radiant was completed on August 24, 2011. Because the transaction was completed during 2011, the revenue and operating income results reflected for the Hospitality segment are partial, and reflect only the period from August 25, 2011 through December 31, 2011. | |||||||||||||||||||||
-3 | Other adjustments for the twelve months ended December 31, 2013 include $46 million of acquisition-related costs, $65 million of acquisition-related amortization of intangible assets, $15 million of acquisition-related purchase price adjustments, and $3 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2012, other adjustments include $23 million of acquisition-related costs, $38 million of acquisition-related amortization of intangible assets and $4 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2011, other adjustments include $37 million of acquisition-related costs and $12 million of acquisition-related amortization of intangible assets. | |||||||||||||||||||||
Revenue from External Customers by Products and Services [Table Text Block] | ' | |||||||||||||||||||||
The following table presents revenue from products and services for NCR for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | 2011 | |||||||||||||||||||
Product revenue | $ | 2,912 | $ | 2,854 | $ | 2,592 | ||||||||||||||||
Professional and installation services revenue | 1,259 | 927 | 764 | |||||||||||||||||||
Total solution revenue | 4,171 | 3,781 | 3,356 | |||||||||||||||||||
Support services revenue | 1,952 | 1,949 | 1,935 | |||||||||||||||||||
Total revenue | $ | 6,123 | $ | 5,730 | $ | 5,291 | ||||||||||||||||
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] | ' | |||||||||||||||||||||
The following table presents revenue by geographic area for NCR for the years ended December 31: | ||||||||||||||||||||||
In millions | 2013 | % | 2012 | % | 2011 | % | ||||||||||||||||
Revenue by Geographic Area | ||||||||||||||||||||||
United States | $ | 2,383 | 39 | % | $ | 2,198 | 38 | % | $ | 1,914 | 36 | % | ||||||||||
Americas (excluding United States) | 647 | 11 | % | 625 | 11 | % | 534 | 10 | % | |||||||||||||
Europe | 1,492 | 24 | % | 1,459 | 26 | % | 1,421 | 27 | % | |||||||||||||
Asia Middle East Africa | 1,601 | 26 | % | 1,448 | 25 | % | 1,422 | 27 | % | |||||||||||||
Consolidated revenue | $ | 6,123 | 100 | % | $ | 5,730 | 100 | % | $ | 5,291 | 100 | % | ||||||||||
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block] | ' | |||||||||||||||||||||
The following table presents property, plant and equipment by geographic area as of December 31: | ||||||||||||||||||||||
In millions | 2013 | 2012 | ||||||||||||||||||||
Property, plant and equipment, net | ||||||||||||||||||||||
United States | $ | 153 | $ | 147 | ||||||||||||||||||
Americas (excluding United States) | 22 | 23 | ||||||||||||||||||||
Europe | 56 | 42 | ||||||||||||||||||||
Japan | 41 | 51 | ||||||||||||||||||||
Asia Middle East Africa (excluding Japan) | 80 | 45 | ||||||||||||||||||||
Consolidated property, plant and equipment, net | $ | 352 | $ | 308 | ||||||||||||||||||
Discontinued_Operations_Tables
Discontinued Operations (Tables) | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Discontinued Operations and Disposal Groups [Abstract] | ' | |||||||||||||||||||||||
Summary of income (loss) from discontinued operations [Table Text Block] | ' | |||||||||||||||||||||||
The income (loss) from discontinued operations for the years ended December 31 was: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Pre - Tax | Net of Tax | Pre - Tax | Net of Tax | Pre - Tax | Net of Tax | |||||||||||||||||||
Environmental matters | $ | (15 | ) | $ | (9 | ) | $ | 3 | $ | 2 | $ | 3 | $ | 2 | ||||||||||
Divestiture of the Entertainment business | — | — | (6 | ) | (4 | ) | (147 | ) | (96 | ) | ||||||||||||||
Spin-off of Teradata | — | — | — | 8 | — | 6 | ||||||||||||||||||
Closure of the EFT Canadian business | — | — | — | — | (2 | ) | (1 | ) | ||||||||||||||||
Divestiture of the Healthcare business | — | — | — | — | (5 | ) | (4 | ) | ||||||||||||||||
Total | $ | (15 | ) | $ | (9 | ) | $ | (3 | ) | $ | 6 | $ | (151 | ) | $ | (93 | ) | |||||||
Accumulated_Other_Comprehensiv1
Accumulated Other Comprehensive Income (Loss) (Tables) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Accumulated Other Comprehensive Income (Loss) [Abstract] | ' | |||||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | |||||||||||||||
Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component | ||||||||||||||||
In millions | Foreign Currency Translation Adjustments | Employee Benefit Plan Adjustments | Changes in Fair Value of Effective Cash Flow Hedges | Changes in Fair Value of Available for Sale Securities | Total | |||||||||||
Balance at December 31, 2012 | $ | (6 | ) | $ | (22 | ) | $ | (10 | ) | $ | 1 | $ | (37 | ) | ||
Other comprehensive (loss) income before reclassifications | (46 | ) | 50 | 1 | 2 | 7 | ||||||||||
Amounts reclassified from accumulated other comprehensive (loss) income | — | (12 | ) | 4 | — | (8 | ) | |||||||||
Net current period other comprehensive (loss) income | (46 | ) | 38 | 5 | 2 | (1 | ) | |||||||||
Balance at December 31, 2013 | $ | (52 | ) | $ | 16 | $ | (5 | ) | $ | 3 | $ | (38 | ) | |||
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income [Table Text Block] | ' | |||||||||||||||
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) | ||||||||||||||||
The reclassifications from AOCI are summarized as follows: | ||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||
Employee benefit plans | ||||||||||||||||
In millions | Actuarial losses recognized | Amortization of prior service benefit | Effective Cash Flow Hedges | Total | ||||||||||||
Affected line in Consolidated Statement of Operations: | ||||||||||||||||
Cost of products | $ | — | $ | (2 | ) | $ | (1 | ) | $ | (3 | ) | |||||
Cost of services | 5 | (15 | ) | — | (10 | ) | ||||||||||
Selling, general and administrative expenses | 2 | (9 | ) | — | (7 | ) | ||||||||||
Research and development expenses | 1 | (4 | ) | — | (3 | ) | ||||||||||
Interest expense | — | — | 7 | 7 | ||||||||||||
Total before tax | $ | 8 | $ | (30 | ) | $ | 6 | $ | (16 | ) | ||||||
Tax expense | 8 | |||||||||||||||
Total reclassifications, net of tax | $ | (8 | ) |
Guarantor_Financial_Statements1
Guarantor Financial Statements (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Guarantor Financials [Abstract] | ' | |||||||||||||||||||
Schedule of Condensed Financial Statements [Table Text Block] | ' | |||||||||||||||||||
The following supplemental information sets forth, on a consolidating basis, the statements of operations and comprehensive income (loss), the balance sheets and the statements of cash flows for the issuers of these senior unsecured notes, for the Guarantor Subsidiary and for the Company and all of its consolidated subsidiaries (amounts in millions): | ||||||||||||||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||||||
In millions | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,107 | $ | 85 | $ | 1,977 | $ | (257 | ) | $ | 2,912 | |||||||||
Service revenue | 1,232 | 24 | 1,955 | — | 3,211 | |||||||||||||||
Total revenue | 2,339 | 109 | 3,932 | (257 | ) | 6,123 | ||||||||||||||
Cost of products | 844 | 17 | 1,548 | (257 | ) | 2,152 | ||||||||||||||
Cost of services | 880 | 9 | 1,342 | — | 2,231 | |||||||||||||||
Selling, general and administrative expenses | 467 | 5 | 399 | — | 871 | |||||||||||||||
Research and development expenses | 94 | — | 109 | — | 203 | |||||||||||||||
Total operating expenses | 2,285 | 31 | 3,398 | (257 | ) | 5,457 | ||||||||||||||
Income (loss) from operations | 54 | 78 | 534 | — | 666 | |||||||||||||||
Interest expense | (104 | ) | 2 | (6 | ) | 5 | (103 | ) | ||||||||||||
Other (expense) income, net | (12 | ) | (8 | ) | 16 | (5 | ) | (9 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | (62 | ) | 72 | 544 | — | 554 | ||||||||||||||
Income tax expense (benefit) | (23 | ) | 25 | 96 | — | 98 | ||||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | (39 | ) | 47 | 448 | — | 456 | ||||||||||||||
Equity in earnings of consolidated subsidiaries | 491 | 409 | — | (900 | ) | — | ||||||||||||||
Income (loss) from continuing operations | 452 | 456 | 448 | (900 | ) | 456 | ||||||||||||||
Income (loss) from discontinued operations, net of tax | (9 | ) | — | — | — | (9 | ) | |||||||||||||
Net income (loss) | $ | 443 | $ | 456 | $ | 448 | $ | (900 | ) | $ | 447 | |||||||||
Net (loss) income attributable to noncontrolling interests | — | — | 4 | — | 4 | |||||||||||||||
Net income (loss) attributable to NCR | $ | 443 | $ | 456 | $ | 444 | $ | (900 | ) | $ | 443 | |||||||||
Total comprehensive income (loss) | 442 | 331 | 437 | (771 | ) | 439 | ||||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | (3 | ) | — | (3 | ) | |||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 442 | $ | 331 | $ | 440 | $ | (771 | ) | $ | 442 | |||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2012 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,155 | $ | 112 | $ | 1,869 | $ | (282 | ) | $ | 2,854 | |||||||||
Service revenue | 1,180 | 25 | 1,671 | — | 2,876 | |||||||||||||||
Total revenue | 2,335 | 137 | 3,540 | (282 | ) | 5,730 | ||||||||||||||
Cost of products | 865 | 31 | 1,530 | (282 | ) | 2,144 | ||||||||||||||
Cost of services | 682 | 11 | 1,248 | — | 1,941 | |||||||||||||||
Selling, general and administrative expenses | 399 | 5 | 338 | — | 742 | |||||||||||||||
Research and development expenses | 66 | — | 89 | — | 155 | |||||||||||||||
Total operating expenses | 2,012 | 47 | 3,205 | (282 | ) | 4,982 | ||||||||||||||
Income (loss) from operations | 323 | 90 | 335 | — | 748 | |||||||||||||||
Interest expense | (46 | ) | (1 | ) | (4 | ) | 9 | (42 | ) | |||||||||||
Other (expense) income, net | (102 | ) | (3 | ) | 106 | (9 | ) | (8 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | 175 | 86 | 437 | — | 698 | |||||||||||||||
Income tax expense (benefit) | 93 | 61 | 69 | — | 223 | |||||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | 82 | 25 | 368 | — | 475 | |||||||||||||||
Equity in earnings of consolidated subsidiaries | 396 | 177 | — | (573 | ) | — | ||||||||||||||
Income (loss) from continuing operations | 478 | 202 | 368 | (573 | ) | 475 | ||||||||||||||
Income (loss) from discontinued operations, net of tax | 3 | — | 3 | — | 6 | |||||||||||||||
Net income (loss) | $ | 481 | $ | 202 | $ | 371 | $ | (573 | ) | $ | 481 | |||||||||
Net (loss) income attributable to noncontrolling interests | — | — | — | — | — | |||||||||||||||
Net income (loss) attributable to NCR | $ | 481 | $ | 202 | $ | 371 | $ | (573 | ) | $ | 481 | |||||||||
Total comprehensive income (loss) | 463 | 297 | 362 | (663 | ) | 459 | ||||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | (4 | ) | — | (4 | ) | |||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | 463 | $ | 297 | $ | 366 | $ | (663 | ) | $ | 463 | |||||||||
Consolidating Statements of Operations and Comprehensive Income | ||||||||||||||||||||
For the year ended December 31, 2011 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Product revenue | $ | 1,043 | $ | 103 | $ | 1,705 | $ | (259 | ) | $ | 2,592 | |||||||||
Service revenue | 1,027 | 23 | 1,649 | — | 2,699 | |||||||||||||||
Total revenue | 2,070 | 126 | 3,354 | (259 | ) | 5,291 | ||||||||||||||
Cost of products | 820 | 22 | 1,439 | (259 | ) | 2,022 | ||||||||||||||
Cost of services | 1,044 | 11 | 1,263 | — | 2,318 | |||||||||||||||
Selling, general and administrative expenses | 530 | 6 | 354 | — | 890 | |||||||||||||||
Research and development expenses | 130 | — | 79 | — | 209 | |||||||||||||||
Total operating expenses | 2,524 | 39 | 3,135 | (259 | ) | 5,439 | ||||||||||||||
Income (loss) from operations | (454 | ) | 87 | 219 | — | (148 | ) | |||||||||||||
Interest expense | (18 | ) | (1 | ) | (6 | ) | 12 | (13 | ) | |||||||||||
Other (expense) income, net | (15 | ) | (9 | ) | 33 | (12 | ) | (3 | ) | |||||||||||
Income (loss) from continuing operations before income taxes | (487 | ) | 77 | 246 | — | (164 | ) | |||||||||||||
Income tax expense (benefit) | (158 | ) | 46 | 46 | — | (66 | ) | |||||||||||||
Income (loss) from continuing operations before earnings in subsidiaries | (329 | ) | 31 | 200 | — | (98 | ) | |||||||||||||
Equity in earnings of consolidated subsidiaries | 234 | 184 | — | (418 | ) | — | ||||||||||||||
Income (loss) from continuing operations | (95 | ) | 215 | 200 | (418 | ) | (98 | ) | ||||||||||||
Income (loss) from discontinued operations, net of tax | (95 | ) | — | 2 | — | (93 | ) | |||||||||||||
Net income (loss) | $ | (190 | ) | $ | 215 | $ | 202 | $ | (418 | ) | $ | (191 | ) | |||||||
Net (loss) income attributable to noncontrolling interests | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Net income (loss) attributable to NCR | $ | (190 | ) | $ | 215 | $ | 203 | $ | (418 | ) | $ | (190 | ) | |||||||
Total comprehensive income (loss) | (171 | ) | 183 | 229 | (411 | ) | (170 | ) | ||||||||||||
Less comprehensive income (loss) attributable to noncontrolling interests | — | — | 1 | — | 1 | |||||||||||||||
Comprehensive income (loss) attributable to NCR common stockholders | $ | (171 | ) | $ | 183 | $ | 228 | $ | (411 | ) | $ | (171 | ) | |||||||
Consolidating Balance Sheet | ||||||||||||||||||||
31-Dec-13 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Assets | ||||||||||||||||||||
Current assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 75 | $ | 11 | $ | 442 | $ | — | $ | 528 | ||||||||||
Restricted cash | 1,114 | — | — | — | 1,114 | |||||||||||||||
Accounts receivable, net | 424 | 14 | 901 | — | 1,339 | |||||||||||||||
Inventories | 319 | 11 | 460 | — | 790 | |||||||||||||||
Due from affliates | 333 | 854 | 298 | (1,485 | ) | — | ||||||||||||||
Other current assets | 360 | 25 | 209 | (26 | ) | 568 | ||||||||||||||
Total current assets | 2,625 | 915 | 2,310 | (1,511 | ) | 4,339 | ||||||||||||||
Property, plant and equipment, net | 146 | 1 | 205 | — | 352 | |||||||||||||||
Goodwill | 872 | — | 662 | — | 1,534 | |||||||||||||||
Intangibles | 234 | — | 260 | — | 494 | |||||||||||||||
Prepaid pension cost | — | — | 478 | — | 478 | |||||||||||||||
Deferred income taxes | 321 | 68 | 52 | — | 441 | |||||||||||||||
Investments in subsidiaries | 2,665 | 1,927 | — | (4,592 | ) | — | ||||||||||||||
Due from affliates | 28 | 20 | 45 | (93 | ) | — | ||||||||||||||
Other assets | 334 | 40 | 96 | — | 470 | |||||||||||||||
Total assets | $ | 7,225 | $ | 2,971 | $ | 4,108 | $ | (6,196 | ) | $ | 8,108 | |||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||
Current liabilities | ||||||||||||||||||||
Short-term borrowings | $ | 28 | $ | — | $ | 6 | $ | — | $ | 34 | ||||||||||
Accounts payable | 254 | 1 | 415 | — | 670 | |||||||||||||||
Payroll and benefits liabilities | 78 | 1 | 112 | — | 191 | |||||||||||||||
Deferred service revenue and customer deposits | 155 | 12 | 358 | — | 525 | |||||||||||||||
Due to affliates | 1,007 | 123 | 355 | (1,485 | ) | — | ||||||||||||||
Other current liabilities | 219 | 7 | 261 | (26 | ) | 461 | ||||||||||||||
Total current liabilities | 1,741 | 144 | 1,507 | (1,511 | ) | 1,881 | ||||||||||||||
Long-term debt | 3,296 | — | 24 | — | 3,320 | |||||||||||||||
Pension and indemnity plan liabilities | 234 | — | 298 | — | 532 | |||||||||||||||
Postretirement and postemployment benefits liabilities | 25 | — | 144 | — | 169 | |||||||||||||||
Income tax accruals | 4 | 10 | 175 | — | 189 | |||||||||||||||
Environmental liabilities | 121 | — | — | — | 121 | |||||||||||||||
Due to affliates | 17 | 44 | 32 | (93 | ) | — | ||||||||||||||
Other liabilities | 18 | — | 81 | — | 99 | |||||||||||||||
Total liabilities | 5,456 | 198 | 2,261 | (1,604 | ) | 6,311 | ||||||||||||||
Redeemable noncontrolling interest | — | — | 14 | — | 14 | |||||||||||||||
Stockholders’ equity | ||||||||||||||||||||
Total NCR stockholders’ equity | 1,769 | 2,773 | 1,819 | (4,592 | ) | 1,769 | ||||||||||||||
Noncontrolling interests in subsidiaries | — | — | 14 | — | 14 | |||||||||||||||
Total stockholders’ equity | 1,769 | 2,773 | 1,833 | (4,592 | ) | 1,783 | ||||||||||||||
Total liabilities and stockholders’ equity | $ | 7,225 | $ | 2,971 | $ | 4,108 | $ | (6,196 | ) | $ | 8,108 | |||||||||
Consolidating Balance Sheet | ||||||||||||||||||||
31-Dec-12 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Assets | ||||||||||||||||||||
Current assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 571 | $ | 6 | $ | 492 | $ | — | $ | 1,069 | ||||||||||
Accounts receivable, net | 311 | 16 | 759 | — | 1,086 | |||||||||||||||
Inventories | 310 | 3 | 484 | — | 797 | |||||||||||||||
Due from affliates | 191 | 647 | 479 | (1,317 | ) | — | ||||||||||||||
Other current assets | 261 | 24 | 204 | (35 | ) | 454 | ||||||||||||||
Total current assets | 1,644 | 696 | 2,418 | (1,352 | ) | 3,406 | ||||||||||||||
Property, plant and equipment, net | 148 | 1 | 159 | — | 308 | |||||||||||||||
Goodwill | 841 | — | 162 | — | 1,003 | |||||||||||||||
Intangibles | 262 | — | 42 | — | 304 | |||||||||||||||
Prepaid pension cost | — | — | 368 | — | 368 | |||||||||||||||
Deferred income taxes | 403 | 59 | 70 | — | 532 | |||||||||||||||
Investments in subsidiaries | 1,857 | 569 | — | (2,426 | ) | — | ||||||||||||||
Due from affliates | 26 | 20 | 238 | (284 | ) | — | ||||||||||||||
Other assets | 334 | 27 | 87 | — | 448 | |||||||||||||||
Total assets | $ | 5,515 | $ | 1,372 | $ | 3,544 | $ | (4,062 | ) | $ | 6,369 | |||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||
Current liabilities | ||||||||||||||||||||
Short-term borrowings | $ | 71 | $ | — | $ | 1 | $ | — | $ | 72 | ||||||||||
Accounts payable | 225 | 1 | 385 | — | 611 | |||||||||||||||
Payroll and benefits liabilities | 93 | — | 93 | — | 186 | |||||||||||||||
Deferred service revenue and customer deposits | 121 | 13 | 321 | — | 455 | |||||||||||||||
Due to affliates | 775 | 12 | 530 | (1,317 | ) | — | ||||||||||||||
Other current liabilities | 184 | 13 | 256 | (35 | ) | 418 | ||||||||||||||
Total current liabilities | 1,469 | 39 | 1,586 | (1,352 | ) | 1,742 | ||||||||||||||
Long-term debt | 1,889 | — | 2 | — | 1,891 | |||||||||||||||
Pension and indemnity plan liabilities | 434 | 1 | 370 | — | 805 | |||||||||||||||
Postretirement and postemployment benefits liabilities | 79 | — | 167 | — | 246 | |||||||||||||||
Income tax accruals | 3 | 8 | 127 | — | 138 | |||||||||||||||
Environmental liabilities | 171 | — | — | — | 171 | |||||||||||||||
Due to affliates | 195 | 60 | 29 | (284 | ) | — | ||||||||||||||
Other liabilities | 23 | — | 56 | — | 79 | |||||||||||||||
Total liabilities | 4,263 | 108 | 2,337 | (1,636 | ) | 5,072 | ||||||||||||||
Redeemable noncontrolling interest | — | — | 15 | — | 15 | |||||||||||||||
Stockholders’ equity | ||||||||||||||||||||
Total NCR stockholders’ equity | 1,252 | 1,264 | 1,162 | (2,426 | ) | 1,252 | ||||||||||||||
Noncontrolling interests in subsidiaries | — | — | 30 | — | 30 | |||||||||||||||
Total stockholders’ equity | 1,252 | 1,264 | 1,192 | (2,426 | ) | 1,282 | ||||||||||||||
Total liabilities and stockholders’ equity | $ | 5,515 | $ | 1,372 | $ | 3,544 | $ | (4,062 | ) | $ | 6,369 | |||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-13 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | (7 | ) | $ | 15 | $ | 312 | $ | (39 | ) | $ | 281 | ||||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (35 | ) | (6 | ) | (75 | ) | — | (116 | ) | |||||||||||
Proceeds from sales of property, plant and equipment | 2 | — | 8 | — | 10 | |||||||||||||||
Additions to capitalized software | (81 | ) | — | (29 | ) | — | (110 | ) | ||||||||||||
Acquisitions | (207 | ) | — | (756 | ) | 183 | (780 | ) | ||||||||||||
Dispositions | — | — | 183 | (183 | ) | — | ||||||||||||||
Changes in restricted cash | (1,114 | ) | — | — | — | (1,114 | ) | |||||||||||||
Proceeds from (payments of) intercompany notes | (54 | ) | — | — | 54 | — | ||||||||||||||
Investments in subsidiaries | (308 | ) | (33 | ) | — | 341 | — | |||||||||||||
Other investing activities, net | 5 | — | — | — | 5 | |||||||||||||||
Net cash used in investing activities | (1,792 | ) | (39 | ) | (669 | ) | 395 | (2,105 | ) | |||||||||||
Financing activities | ||||||||||||||||||||
Tax withholding payments on behalf of employees | (30 | ) | — | — | — | (30 | ) | |||||||||||||
Proceeds from employee stock plans | 57 | — | — | — | 57 | |||||||||||||||
Equity contribution | — | 30 | 311 | (341 | ) | — | ||||||||||||||
Repayment of short term borrowings | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Payments on term credit facilities | (35 | ) | — | — | — | (35 | ) | |||||||||||||
Borrowings on term credit facilities | 300 | — | 29 | — | 329 | |||||||||||||||
Payments on revolving credit facility | (1,009 | ) | — | — | — | (1,009 | ) | |||||||||||||
Borrowings on revolving credit facility | 1,009 | — | — | — | 1,009 | |||||||||||||||
Proceeds from bond offerings | 1,100 | — | — | — | 1,100 | |||||||||||||||
Debt issuance costs | (36 | ) | — | — | — | (36 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | — | — | 54 | (54 | ) | — | ||||||||||||||
Purchase of noncontrolling interest | — | — | (24 | ) | — | (24 | ) | |||||||||||||
Dividend distribution to minority shareholder | — | — | (3 | ) | — | (3 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | — | (39 | ) | 39 | — | ||||||||||||||
Net cash provided by (used in) financing activities | 1,356 | 30 | 327 | (356 | ) | 1,357 | ||||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (52 | ) | — | — | — | (52 | ) | |||||||||||||
Net cash provided by (used in) investing activities | — | — | — | — | — | |||||||||||||||
Net cash used in discontinued operations | (52 | ) | — | — | — | (52 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | (1 | ) | (20 | ) | — | (22 | ) | |||||||||||
Increase (decrease) in cash and cash equivalents | (496 | ) | 5 | (50 | ) | — | (541 | ) | ||||||||||||
Cash and cash equivalents at beginning of period | 571 | 6 | 492 | — | 1,069 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 75 | $ | 11 | $ | 442 | $ | — | $ | 528 | ||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-12 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | (372 | ) | $ | (9 | ) | $ | 211 | $ | (10 | ) | $ | (180 | ) | ||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (44 | ) | — | (36 | ) | — | (80 | ) | ||||||||||||
Proceeds from sales of property, plant and equipment | — | — | 8 | — | 8 | |||||||||||||||
Additions to capitalized software | (63 | ) | — | (17 | ) | — | (80 | ) | ||||||||||||
Business acquisitions, net of cash acquired | (70 | ) | — | (38 | ) | — | (108 | ) | ||||||||||||
Proceeds from (payments of) intercompany notes | — | 96 | 11 | (107 | ) | — | ||||||||||||||
Investments in subsidiaries | (21 | ) | (90 | ) | — | 111 | — | |||||||||||||
Other investing activities, net | 4 | — | — | — | 4 | |||||||||||||||
Net cash used in investing activities | (194 | ) | 6 | (72 | ) | 4 | (256 | ) | ||||||||||||
Financing activities | ||||||||||||||||||||
Tax withholding payments on behalf of employees | (12 | ) | — | — | — | (12 | ) | |||||||||||||
Proceeds from employee stock plans | 53 | — | — | — | 53 | |||||||||||||||
Equity contribution | — | — | 111 | (111 | ) | — | ||||||||||||||
Borrowings on term credit facility | 150 | — | — | — | 150 | |||||||||||||||
Payments on revolving credit facility | (860 | ) | — | — | — | (860 | ) | |||||||||||||
Borrowings on revolving credit facility | 720 | — | — | — | 720 | |||||||||||||||
Proceeds from bond offerings | 1,100 | — | — | — | 1,100 | |||||||||||||||
Debt issuance costs | (19 | ) | — | — | — | (19 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | (11 | ) | — | (96 | ) | 107 | — | |||||||||||||
Dividend distribution to minority shareholder | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | (2 | ) | (8 | ) | 10 | — | |||||||||||||
Net cash provided by (used in) financing activities | 1,121 | (2 | ) | 6 | 6 | 1,131 | ||||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (114 | ) | — | — | — | (114 | ) | |||||||||||||
Net cash provided by (used in) investing activities | 99 | — | — | — | 99 | |||||||||||||||
Net cash used in discontinued operations | (15 | ) | — | — | — | (15 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | — | (8 | ) | — | (9 | ) | ||||||||||||
Increase (decrease) in cash and cash equivalents | 539 | (5 | ) | 137 | — | 671 | ||||||||||||||
Cash and cash equivalents at beginning of period | 32 | 11 | 355 | — | 398 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 571 | $ | 6 | $ | 492 | $ | — | $ | 1,069 | ||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||
31-Dec-11 | ||||||||||||||||||||
(in millions) | Issuers | Guarantor Subsidiary | Non-Guarantor Subsidiaries | Eliminations | Consolidated | |||||||||||||||
Net cash (used in) provided by operating activities | $ | 390 | $ | (85 | ) | $ | 145 | $ | (62 | ) | $ | 388 | ||||||||
Investing activities | ||||||||||||||||||||
Expenditures for property, plant and equipment | (31 | ) | — | (30 | ) | — | (61 | ) | ||||||||||||
Proceeds from sales of property, plant and equipment | — | — | 2 | — | 2 | |||||||||||||||
Additions to capitalized software | (46 | ) | — | (16 | ) | — | (62 | ) | ||||||||||||
Business acquisitions, net of cash acquired | (1,085 | ) | — | — | — | (1,085 | ) | |||||||||||||
Proceeds from (payments of) intercompany notes | 57 | 138 | (12 | ) | (183 | ) | — | |||||||||||||
Investments in subsidiaries | (11 | ) | — | — | 11 | — | ||||||||||||||
Net cash used in investing activities | (1,116 | ) | 138 | (56 | ) | (172 | ) | (1,206 | ) | |||||||||||
Financing activities | ||||||||||||||||||||
Repurchase of Company common stock | (70 | ) | — | — | — | (70 | ) | |||||||||||||
Excess tax benefit from stock based compensation | 1 | — | — | — | 1 | |||||||||||||||
Proceeds from employee stock plans | 18 | — | — | — | 18 | |||||||||||||||
Equity contribution | — | — | 11 | (11 | ) | — | ||||||||||||||
Borrowings on term credit facilities | 700 | — | — | — | 700 | |||||||||||||||
Payments on revolving credit facility | (260 | ) | — | — | — | (260 | ) | |||||||||||||
Borrowings on revolving credit facility | 400 | — | — | — | 400 | |||||||||||||||
Debt issuance costs | (29 | ) | — | — | — | (29 | ) | |||||||||||||
Borrowings (repayments) of intercompany notes | 11 | — | (194 | ) | 183 | — | ||||||||||||||
Proceeds from sale of noncontrolling interest | — | — | 43 | — | 43 | |||||||||||||||
Dividend distribution to minority shareholder | — | — | (1 | ) | — | (1 | ) | |||||||||||||
Dividend distribution to consolidated subsidiaries | — | (51 | ) | (11 | ) | 62 | — | |||||||||||||
Net cash provided by (used in) financing activities | 771 | (51 | ) | (152 | ) | 234 | 802 | |||||||||||||
Cash flows from discontinued operations | ||||||||||||||||||||
Net cash used in operating activities | (37 | ) | — | — | — | (37 | ) | |||||||||||||
Net cash provided by (used in) investing activities | (40 | ) | — | — | — | (40 | ) | |||||||||||||
Net cash used in discontinued operations | (77 | ) | — | — | — | (77 | ) | |||||||||||||
Effect of exchange rate changes on cash and cash equivalents | (1 | ) | — | (4 | ) | — | (5 | ) | ||||||||||||
Increase (decrease) in cash and cash equivalents | (33 | ) | 2 | (67 | ) | — | (98 | ) | ||||||||||||
Cash and cash equivalents at beginning of period | 65 | 9 | 422 | — | 496 | |||||||||||||||
Cash and cash equivalents at end of period | $ | 32 | $ | 11 | $ | 355 | $ | — | $ | 398 | ||||||||||
Quarterly_Information_unaudite1
Quarterly Information (unaudited) (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | ||||||||||||||||
In millions, except per share amounts | First | Second | Third | Fourth | |||||||||||||
2013 | |||||||||||||||||
Total revenue | $ | 1,410 | $ | 1,535 | $ | 1,508 | $ | 1,670 | |||||||||
Gross margin | 369 | 426 | 415 | 530 | |||||||||||||
Operating income | 85 | 139 | 145 | 297 | |||||||||||||
Income from continuing operations (attributable to NCR) | 62 | 86 | 98 | 206 | |||||||||||||
(Loss) from discontinued operations, net of tax | (1 | ) | — | — | (8 | ) | |||||||||||
Net income attributable to NCR | $ | 61 | $ | 86 | $ | 98 | $ | 198 | |||||||||
Income per share attributable to NCR common stockholders: | |||||||||||||||||
Income per common share from continuing operations | |||||||||||||||||
Basic | $ | 0.38 | $ | 0.52 | $ | 0.59 | $ | 1.24 | |||||||||
Diluted | $ | 0.37 | $ | 0.51 | $ | 0.58 | $ | 1.21 | |||||||||
Net income per common share: | |||||||||||||||||
Basic | $ | 0.37 | $ | 0.52 | $ | 0.59 | $ | 1.19 | |||||||||
Diluted | $ | 0.36 | $ | 0.51 | $ | 0.58 | $ | 1.16 | |||||||||
2012 | |||||||||||||||||
Total revenue | $ | 1,244 | $ | 1,409 | $ | 1,435 | $ | 1,642 | |||||||||
Gross margin | 315 | 374 | 382 | 574 | |||||||||||||
Operating income | 78 | 130 | 129 | 411 | |||||||||||||
Income from continuing operations (attributable to NCR) | 59 | 89 | 88 | 239 | |||||||||||||
(Loss) income from discontinued operations, net of tax | (9 | ) | 13 | (1 | ) | 3 | |||||||||||
Net income attributable to NCR | $ | 50 | $ | 102 | $ | 87 | $ | 242 | |||||||||
Income per share attributable to NCR common stockholders: | |||||||||||||||||
Income per common share from continuing operations | |||||||||||||||||
Basic | $ | 0.37 | $ | 0.56 | $ | 0.55 | $ | 1.49 | |||||||||
Diluted | $ | 0.36 | $ | 0.54 | $ | 0.53 | $ | 1.45 | |||||||||
Net income per common share: | |||||||||||||||||
Basic | $ | 0.32 | $ | 0.64 | $ | 0.55 | $ | 1.51 | |||||||||
Diluted | $ | 0.31 | $ | 0.62 | $ | 0.53 | $ | 1.47 | |||||||||
Description_of_Business_and_Si3
Description of Business and Significant Accounting Policies - Out of Period Adjustments (Details) (USD $) | 12 Months Ended | 3 Months Ended | |||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Sep. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2011 |
Misapplication of Accounting Guidance Related to Recognition of Income Tax Expense [Member] | Misapplication of Accounting Guidance Related to Recognition of Income Tax Expense [Member] | Inter-company Transactions Included in Cumulative Translation Adjustment [Member] | Brazil Tax Accounts Determined to be Unrecoverable [Member] | ||||
Income tax benefit | ($98) | ($223) | $66 | $15 | ($5) | ' | ' |
Charges in other income and expense related to foreign currency fluctuations | ' | ' | ' | ' | ' | 2 | ' |
Increase in selling, general and administrative expenses to correct tax accounts in Brazil determined to be unrecoverable | ' | ' | ' | ' | ' | ' | $4 |
Description_of_Business_and_Si4
Description of Business and Significant Accounting Policies - Revenue Recognition (Details) (Bill and Hold Transactions [Member], Revenue [Member], Maximum [Member]) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Bill and Hold Transactions [Member] | Revenue [Member] | Maximum [Member] | ' | ' | ' |
Concentration Risk [Line Items] | ' | ' | ' |
Percentage of total revenue | 1.00% | 1.00% | 1.00% |
Description_of_Business_and_Si5
Description of Business and Significant Accounting Policies - Capitalized Software and Property, Plant and Equipment (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Depreciation | $68 | $64 | $58 |
Capitalized Software [Roll Forward] | ' | ' | ' |
Beginning balance | 142 | 118 | 107 |
Capitalization | 110 | 80 | 62 |
Amortization | -59 | -56 | -51 |
Ending balance | $193 | $142 | $118 |
Software Development Costs, Internal Use [Member] | Minimum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Capitalized computer software, useful life | '4 years | ' | ' |
Software Development Costs, Internal Use [Member] | Maximum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Capitalized computer software, useful life | '7 years | ' | ' |
Software Development [Member] | Minimum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Capitalized computer software, useful life | '3 years | ' | ' |
Software Development [Member] | Maximum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Capitalized computer software, useful life | '5 years | ' | ' |
Machinery and other equipment [Member] | Minimum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment, useful life | '3 years | ' | ' |
Machinery and other equipment [Member] | Maximum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment, useful life | '20 years | ' | ' |
Building [Member] | Minimum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment, useful life | '25 years | ' | ' |
Building [Member] | Maximum [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment, useful life | '45 years | ' | ' |
Description_of_Business_and_Si6
Description of Business and Significant Accounting Policies - Earnings Per Share (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Description of Business and Significant Accounting Policies [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Antidilutive Securities, Effect On Basic Earnings Per Share, Due To Operating Loss | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 161 |
Earnings Per Share Reconciliation [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations | $206 | $98 | $86 | $62 | $239 | $88 | $89 | $59 | $452 | $475 | ($97) |
Income (loss) from discontinued operations, net of tax | -8 | 0 | 0 | -1 | 3 | -1 | 13 | -9 | -9 | 6 | -93 |
Net income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | $443 | $481 | ($190) |
Weighted average outstanding shares of common stock | ' | ' | ' | ' | ' | ' | ' | ' | 165.4 | 159.3 | 158 |
Dilutive effect of employee stock options and restricted stock | ' | ' | ' | ' | ' | ' | ' | ' | 3.9 | 4.5 | 0 |
Common stock and common stock equivalents | ' | ' | ' | ' | ' | ' | ' | ' | 169.3 | 163.8 | 158 |
Basic earnings (loss) per share [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
From continuing operations (in dollars per share) | $1.24 | $0.59 | $0.52 | $0.38 | $1.49 | $0.55 | $0.56 | $0.37 | $2.73 | $2.98 | ($0.61) |
From discontinued operations (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ($0.05) | $0.04 | ($0.59) |
Total basic earnings (loss) per share | $1.19 | $0.59 | $0.52 | $0.37 | $1.51 | $0.55 | $0.64 | $0.32 | $2.68 | $3.02 | ($1.20) |
Diluted earnings (loss) per share [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
From continuing operations (in dollars per share) | $1.21 | $0.58 | $0.51 | $0.37 | $1.45 | $0.53 | $0.54 | $0.36 | $2.67 | $2.90 | ($0.61) |
From discontinued operations (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ($0.05) | $0.04 | ($0.59) |
Total diluted earnings (loss) per share | $1.16 | $0.58 | $0.51 | $0.36 | $1.47 | $0.53 | $0.62 | $0.31 | $2.62 | $2.94 | ($1.20) |
Antidilutive options to purchase excluded from computation of diluted earnings per share | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 1.2 | 3.7 |
Description_of_Business_and_Si7
Description of Business and Significant Accounting Policies - Related Party Transactions (Details) (Bradesco [Member], USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Related Party Transaction [Line Items] | ' | ' | ' |
Term of agreement | '5 years | ' | ' |
Revenues with related party | $124 | $145 | $35 |
Receivables outstanding from related party | $9 | $9 | ' |
Maximum [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
ATM to be purchased by related party | 30,000 | ' | ' |
Description_of_Business_and_Si8
Description of Business and Significant Accounting Policies Redeemable Noncontrolling Interest (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Redeemable Noncontrolling Interest [Line Items] | ' | ' | ' |
Proceeds from sale of noncontrolling interest | $0 | $0 | $43 |
NCR Manaus [Member] | ' | ' | ' |
Redeemable Noncontrolling Interest [Line Items] | ' | ' | ' |
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners | 49.00% | ' | ' |
Proceeds from sale of noncontrolling interest | ' | ' | $43 |
Redeemable Noncontrolling Interests, Defined Financial Performance Period | ' | ' | '5 years |
Pension_Benefit_Plan_Accountin2
Pension Benefit Plan Accounting Methodology Changes - Statement of Operations (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | $2,152 | $2,144 | $2,022 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 2,231 | 1,941 | 2,318 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 871 | 742 | 890 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 203 | 155 | 209 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,457 | 4,982 | 5,439 |
Income (loss) from operations | 297 | 145 | 139 | 85 | 411 | 129 | 130 | 78 | 666 | 748 | -148 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 554 | 698 | -164 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 98 | 223 | -66 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 456 | 475 | -98 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 447 | 481 | -191 |
Net income (loss) attributable to NCR | 198 | 98 | 86 | 61 | 242 | 87 | 102 | 50 | 443 | 481 | -190 |
Income (loss) from continuing operations | 206 | 98 | 86 | 62 | 239 | 88 | 89 | 59 | 452 | 475 | -97 |
Basic (in dollars per share) | $1.24 | $0.59 | $0.52 | $0.38 | $1.49 | $0.55 | $0.56 | $0.37 | $2.73 | $2.98 | ($0.61) |
Diluted (in dollars per share) | $1.21 | $0.58 | $0.51 | $0.37 | $1.45 | $0.53 | $0.54 | $0.36 | $2.67 | $2.90 | ($0.61) |
Basic (in dollars per share) | $1.19 | $0.59 | $0.52 | $0.37 | $1.51 | $0.55 | $0.64 | $0.32 | $2.68 | $3.02 | ($1.20) |
Diluted (in dollars per share) | $1.16 | $0.58 | $0.51 | $0.36 | $1.47 | $0.53 | $0.62 | $0.31 | $2.62 | $2.94 | ($1.20) |
Net gain arising during the year | ' | ' | ' | ' | ' | ' | ' | ' | 82 | 0 | 24 |
Amortization of actuarial loss | ' | ' | ' | ' | ' | ' | ' | ' | -8 | -14 | -17 |
Less income tax (expense) benefit | ' | ' | ' | ' | ' | ' | ' | ' | -17 | 1 | -20 |
Other comprehensive (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -8 | -22 | 21 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 439 | 459 | -170 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 442 | 463 | -171 |
Previous Accounting Guidance [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 2,164 | ' | ' |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 2,403 | ' | ' |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 957 | ' | ' |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 236 | ' | ' |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,760 | ' | ' |
Income (loss) from operations | ' | ' | ' | ' | 124 | ' | ' | ' | 363 | ' | ' |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 251 | ' | ' |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 6 | ' | ' |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 245 | ' | ' |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 236 | ' | ' |
Net income (loss) attributable to NCR | ' | ' | ' | ' | 82 | ' | ' | ' | 232 | ' | ' |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 241 | ' | ' |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $1.46 | ' | ' |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $1.42 | ' | ' |
Basic (in dollars per share) | ' | ' | ' | ' | $0.49 | ' | ' | ' | $1.40 | ' | ' |
Diluted (in dollars per share) | ' | ' | ' | ' | $0.48 | ' | ' | ' | $1.37 | ' | ' |
Net gain arising during the year | ' | ' | ' | ' | ' | ' | ' | ' | 219 | ' | ' |
Amortization of actuarial loss | ' | ' | ' | ' | ' | ' | ' | ' | -174 | ' | ' |
Less income tax (expense) benefit | ' | ' | ' | ' | ' | ' | ' | ' | -109 | ' | ' |
Other comprehensive (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 203 | ' | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 439 | ' | ' |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 442 | ' | ' |
Scenario, Actual [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 2,152 | ' | ' |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 2,231 | ' | ' |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 871 | ' | ' |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 203 | ' | ' |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,457 | ' | ' |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | 666 | ' | ' |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 554 | ' | ' |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 456 | ' | ' |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 447 | ' | ' |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | 443 | ' | ' |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 452 | ' | ' |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $2.73 | ' | ' |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $2.67 | ' | ' |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $2.68 | ' | ' |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $2.62 | ' | ' |
Net gain arising during the year | ' | ' | ' | ' | ' | ' | ' | ' | 82 | ' | ' |
Amortization of actuarial loss | ' | ' | ' | ' | ' | ' | ' | ' | -8 | ' | ' |
Less income tax (expense) benefit | ' | ' | ' | ' | ' | ' | ' | ' | -17 | ' | ' |
Other comprehensive (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -8 | ' | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 439 | ' | ' |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 442 | ' | ' |
Scenario, Previously Reported [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,177 | 2,011 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,208 | 2,098 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 894 | 794 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 219 | 176 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,498 | 5,079 |
Income (loss) from operations | -7 | ' | ' | ' | ' | ' | ' | ' | ' | 232 | 212 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | ' | 182 | 196 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 42 | 51 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 140 | 145 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 146 | 52 |
Net income (loss) attributable to NCR | -20 | ' | ' | ' | ' | ' | ' | ' | ' | 146 | 53 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 140 | 146 |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.88 | $0.92 |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.85 | $0.91 |
Basic (in dollars per share) | ($0.12) | ' | ' | ' | ' | ' | ' | ' | ' | $0.92 | $0.34 |
Diluted (in dollars per share) | ($0.12) | ' | ' | ' | ' | ' | ' | ' | ' | $0.89 | $0.33 |
Net gain arising during the year | ' | ' | ' | ' | ' | ' | ' | ' | ' | 91 | -425 |
Amortization of actuarial loss | ' | ' | ' | ' | ' | ' | ' | ' | ' | -255 | -212 |
Less income tax (expense) benefit | ' | ' | ' | ' | ' | ' | ' | ' | ' | -148 | 67 |
Other comprehensive (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | ' | 241 | -155 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 387 | -103 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | ' | 391 | -104 |
Scenario, Adjusted [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,144 | 2,022 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,941 | 2,318 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 742 | 890 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 155 | 209 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,982 | 5,439 |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 748 | -148 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | ' | 698 | -164 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 475 | -98 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 481 | -191 |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | ' | 481 | -190 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 475 | -97 |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $2.98 | ($0.61) |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $2.90 | ($0.61) |
Basic (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $3.02 | ($1.20) |
Diluted (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | $2.94 | ($1.20) |
Net gain arising during the year | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 24 |
Amortization of actuarial loss | ' | ' | ' | ' | ' | ' | ' | ' | ' | -14 | -17 |
Less income tax (expense) benefit | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | -20 |
Other comprehensive (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | ' | -22 | 21 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 459 | -170 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | ' | $463 | ($171) |
Pension_Benefit_Plan_Accountin3
Pension Benefit Plan Accounting Methodology Changes - Balance Sheet (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2010 |
In Millions, unless otherwise specified | |||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Cumulative reduction of retained earnings | ' | ' | $1,297 |
Retained earnings | 1,372 | 929 | ' |
Accumulated other comprehensive loss | -38 | -37 | ' |
Scenario, Previously Reported [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Retained earnings | 2,312 | 2,134 | ' |
Accumulated other comprehensive loss | -978 | -1,247 | ' |
Scenario, Actual [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Retained earnings | 1,372 | 929 | ' |
Accumulated other comprehensive loss | ($38) | ($37) | ' |
Pension_Benefit_Plan_Accountin4
Pension Benefit Plan Accounting Methodology Changes - Cash Flows (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Net income (loss) | $447 | $481 | ($191) |
Deferred income taxes | 3 | 144 | -130 |
Pension and indemnity plans | -397 | -994 | 452 |
Scenario, Adjusted [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Net income (loss) | ' | 481 | -191 |
Deferred income taxes | ' | 144 | -130 |
Pension and indemnity plans | ' | -994 | 452 |
Scenario, Previously Reported [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Net income (loss) | ' | 146 | 52 |
Deferred income taxes | ' | -37 | -13 |
Pension and indemnity plans | ' | -478 | 92 |
Scenario, Actual [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Net income (loss) | 447 | ' | ' |
Deferred income taxes | 3 | ' | ' |
Pension and indemnity plans | -397 | ' | ' |
Previous Accounting Guidance [Member] | ' | ' | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' | ' | ' |
Net income (loss) | 236 | ' | ' |
Deferred income taxes | -89 | ' | ' |
Pension and indemnity plans | ($94) | ' | ' |
Supplemental_Financial_Informa2
Supplemental Financial Information (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Other (expense) income, net | ' | ' | ' |
Interest income | $6 | $6 | $5 |
Impairment of an investment (Note 12) | 0 | -7 | 0 |
Other, net | -15 | -7 | -8 |
Total other (expense) income, net | -9 | -8 | -3 |
Accounts Receivable | ' | ' | ' |
Accounts Receivable, gross | 1,357 | 1,102 | ' |
Less: allowance for doubtful accounts | -18 | -16 | ' |
Total accounts receivable, net | 1,339 | 1,086 | ' |
Inventories | ' | ' | ' |
Work in process and raw materials | 135 | 187 | ' |
Finished goods | 202 | 167 | ' |
Service parts | 453 | 443 | ' |
Total inventories | 790 | 797 | ' |
Other current assets | ' | ' | ' |
Current deferred tax assets | 262 | 223 | ' |
Other | 306 | 231 | ' |
Total other current assets | 568 | 454 | ' |
Property, plant and equipment | ' | ' | ' |
Property, plant and equipment, gross | 999 | 909 | ' |
Less: accumulated depreciation | -647 | -601 | ' |
Total property, plant and equipment, net | 352 | 308 | ' |
Land and improvements [Member] | ' | ' | ' |
Property, plant and equipment | ' | ' | ' |
Property, plant and equipment, gross | 40 | 42 | ' |
Buildings and improvements [Member] | ' | ' | ' |
Property, plant and equipment | ' | ' | ' |
Property, plant and equipment, gross | 237 | 231 | ' |
Machinery and other equipment [Member] | ' | ' | ' |
Property, plant and equipment | ' | ' | ' |
Property, plant and equipment, gross | 722 | 636 | ' |
Trade Accounts Receivable [Member] | ' | ' | ' |
Accounts Receivable | ' | ' | ' |
Accounts Receivable, gross | 1,318 | 1,056 | ' |
Other Receivables [Member] | ' | ' | ' |
Accounts Receivable | ' | ' | ' |
Accounts Receivable, gross | $39 | $46 | ' |
Business_Combinations_and_Dive2
Business Combinations and Divestitures - Acquisitions and Investments (Details) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 0 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Feb. 06, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Feb. 06, 2013 | Feb. 06, 2013 | Feb. 06, 2013 | Feb. 07, 2012 | 31-May-12 | Dec. 31, 2012 | Sep. 07, 2012 | Dec. 31, 2012 | Aug. 24, 2011 | Dec. 31, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Aug. 24, 2011 | Dec. 02, 2013 | Dec. 02, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | |||||||||||
Proprietary Technology and Customer Relationships [Member] | Hospitality [Member] | Hospitality [Member] | Hospitality [Member] | Financial Services [Member] | Financial Services [Member] | Financial Services [Member] | Retail Solutions [Member] | Retail Solutions [Member] | Retail Solutions [Member] | Retalix [Member] | Retalix [Member] | Retalix [Member] | Retalix [Member] | Retalix [Member] | Retalix [Member] | POS and RDS [Member] | Wyse Sistemas De Informatica [Member] | Domestic Hospitality Resellers [Member] | Transoft International [Member] | uGenius Technology Inc. [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Radiant [Member] | Alaric Systems [Member] | Alaric Systems [Member] | Other Acquisitions [Member] | Other Acquisitions [Member] | Selling, General and Administrative Expenses [Member] | Selling, General and Administrative Expenses [Member] | |||||||||||||||
Technology - Software and Hardware [Member] | Trademarks [Member] | Direct Customer Relationships [Member] | Reseller Network [Member] | Technology - Software and Hardware [Member] | Trademarks [Member] | Direct Customer Relationships [Member] | Noncompete Agreements [Member] | Internally Developed Software [Member] | Hospitality [Member] | Financial Services [Member] | Retail Solutions [Member] | Proprietary Technology and Customer Relationships [Member] | Direct Customer Relationships [Member] | Retalix [Member] | Retalix [Member] | |||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Acquisition, Pro Forma Revenues, Reduction In Deferred Revenue Acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $13 | $16 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 127 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Consideration Transferred Including Amounts To Be Recognized As Compensation Expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 791 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Purchase Consideration | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 13 | 28 | 40 | 37 | 1,206 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 84 | ' | 38 | ' | ' | ' | |||||||||||
Business Combination, Amount Withheld For Recovery of Possible Future Claims | ' | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 | ' | ' | ' | |||||||||||
Net Tangible Assets Acquired/(Liabilities Assumed) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 78 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Purchased Intangible Assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 319 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Goodwill | 1,534 | 1,003 | 913 | ' | 676 | 659 | 619 | 255 | 202 | 152 | 578 | 117 | 117 | 461 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 809 | ' | ' | ' | ' | ' | ' | ' | 624 | 86 | 99 | 55 | ' | 23 | ' | ' | ' | |||||||||||
Goodwill acquired | 539 | 85 | ' | ' | 23 | 35 | ' | 55 | 50 | ' | 461 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Goodwill recognized in connection with acquisition, deductible for tax purposes | ' | 55 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 73 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | 19 | ' | ' | ' | |||||||||||
Future compensation expense associated with acquisition | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | 7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Future compensation expense associated with acquisition, period of recognition | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Transaction expenses related to acquisition | 46 | 23 | 37 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 | 3 | |||||||||||
Pre-existing equity investment in acquiree | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Identifiable intangible assets acquired - Estimated Fair Value | ' | ' | ' | 34 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 205 | ' | ' | 74 | 10 | 121 | ' | ' | ' | ' | ' | 319 | ' | 88 | 106 | 48 | 74 | 2 | 1 | ' | ' | ' | ' | 37 | ' | 14 | ' | ' | |||||||||||
Identifiable intangible assets acquired - Weighted Average Amortization Period | ' | ' | ' | '7 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | '14 years | [1] | ' | ' | '5 years | [1] | '6 years | [1] | '20 years | [1] | ' | ' | ' | ' | ' | ' | ' | '13 years | [1] | '6 years | [1] | '9 years | [1] | '15 years | [1] | '2 years | [1] | '2 years | [1] | ' | ' | ' | ' | '8 years | ' | '3 years | [1] | ' | ' |
Business Acquisition, Pro Forma Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,156 | 5,992 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,538 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Net Income attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 447 | 443 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -179 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 107 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Tangible Assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 56 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 205 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -52 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -116 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 788 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Acquisition, Pro Forma Expenses, Incremental Amortization Changes Attributable to Acquiree | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Acquisition, Pro Forma Expenses, Incremental Interest Charges Attributable to Acquiree | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Acquisitions, Pro Forma Expenses, Elimination of Transactions Costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5 | 5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 37 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
Business Acquisition, Pro Forma Expenses, Accelerated vesting of stock compensation expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||||||||||
[1] | Determination of the weighted average amortization period of the individual categories of intangible assets was based on the nature of the applicable intangible asset and the expected future cash flows to be derived from the intangible asset. Amortization of intangible assets with definite lives is recognized over the period of time the assets are expected to contribute to future cash flows. |
Business_Combinations_and_Dive3
Business Combinations and Divestitures - Divestitures (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jun. 22, 2012 |
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax [Abstract] | ' | ' | ' | ' |
Loss before income taxes | ($15) | ($3) | ($151) | ' |
Loss from discontinued operations, net of tax | -9 | 6 | -93 | ' |
Asset Impairment Charges | ' | ' | 88 | ' |
Entertainment Business [Member] | ' | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' |
Cash consideration for disposition of assets | ' | ' | ' | 100 |
Total assets sold | ' | ' | ' | 67 |
Property, plant and equipment sold | ' | ' | ' | 51 |
Inventory sold | ' | ' | ' | 15 |
Intangible assets sold | ' | ' | ' | 1 |
Software and services margin threshold triggering additional payment | 25 | ' | ' | ' |
Period that purchaser may procure certain hardware, software or services | '5 years | ' | ' | ' |
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax [Abstract] | ' | ' | ' | ' |
Revenue | ' | 62 | 152 | ' |
Operating expenses | ' | 101 | 299 | ' |
Loss from operations | ' | -39 | -147 | ' |
Gain from divestiture of the business | ' | 33 | 0 | ' |
Loss before income taxes | ' | -6 | -147 | ' |
Income tax benefit | ' | -2 | -51 | ' |
Loss from discontinued operations, net of tax | ' | ($4) | ($96) | ' |
Goodwill_and_Other_LongLived_A2
Goodwill and Other Long-Lived Assets - Goodwill (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | $1,011 | $921 | ' |
Accumulated Impairment Losses | -8 | -8 | -8 |
Goodwill | 1,534 | 1,003 | 913 |
Additions | 539 | 85 | ' |
Impairment | 0 | 0 | ' |
Other | -8 | 5 | ' |
Goodwill, Gross, End of Period | 1,542 | 1,011 | ' |
Financial Services [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | 202 | 152 | ' |
Accumulated Impairment Losses | 0 | 0 | 0 |
Goodwill | 255 | 202 | 152 |
Additions | 55 | 50 | ' |
Impairment | 0 | 0 | ' |
Other | -2 | 0 | ' |
Goodwill, Gross, End of Period | 255 | 202 | ' |
Retail Solutions [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | 120 | 120 | ' |
Accumulated Impairment Losses | -3 | -3 | -3 |
Goodwill | 578 | 117 | 117 |
Additions | 461 | 0 | ' |
Impairment | 0 | 0 | ' |
Other | 0 | 0 | ' |
Goodwill, Gross, End of Period | 581 | 120 | ' |
Hospitality [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | 659 | 619 | ' |
Accumulated Impairment Losses | 0 | 0 | 0 |
Goodwill | 676 | 659 | 619 |
Additions | 23 | 35 | ' |
Impairment | 0 | 0 | ' |
Other | -6 | 5 | ' |
Goodwill, Gross, End of Period | 676 | 659 | ' |
Entertainment [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | 5 | 5 | ' |
Accumulated Impairment Losses | -5 | -5 | -5 |
Goodwill | 0 | 0 | 0 |
Additions | 0 | 0 | ' |
Impairment | 0 | 0 | ' |
Other | 0 | 0 | ' |
Goodwill, Gross, End of Period | 5 | 5 | ' |
Emerging Industries [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill, Gross, Beginning of Period | 25 | 25 | ' |
Accumulated Impairment Losses | 0 | 0 | 0 |
Goodwill | 25 | 25 | 25 |
Additions | 0 | 0 | ' |
Impairment | 0 | 0 | ' |
Other | 0 | 0 | ' |
Goodwill, Gross, End of Period | $25 | $25 | ' |
Goodwill_and_Other_LongLived_A3
Goodwill and Other Long-Lived Assets - Identifiable Intangible Assets (Details) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Gross Carrying Amount | $672 | $416 |
Identifiable intangible assets - Accumulated Amortization | -178 | -112 |
Amortization expense - actual | 66 | ' |
Finite-Lived Intangible Assets, Estimated Future Amortization Expense [Abstract] | ' | ' |
2014 | 73 | ' |
2015 | 73 | ' |
2016 | 67 | ' |
2017 | 58 | ' |
2018 | 41 | ' |
Reseller & Customer Relationships [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Gross Carrying Amount | 328 | 179 |
Identifiable intangible assets - Accumulated Amortization | -37 | -17 |
Reseller & Customer Relationships [Member] | Minimum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '1 year | ' |
Reseller & Customer Relationships [Member] | Maximum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '20 years | ' |
Intellectual Property [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Gross Carrying Amount | 275 | 180 |
Identifiable intangible assets - Accumulated Amortization | -118 | -80 |
Intellectual Property [Member] | Minimum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '2 years | ' |
Intellectual Property [Member] | Maximum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '7 years | ' |
Tradenames [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Gross Carrying Amount | 61 | 49 |
Identifiable intangible assets - Accumulated Amortization | -15 | -8 |
Tradenames [Member] | Minimum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '2 years | ' |
Tradenames [Member] | Maximum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '10 years | ' |
Non-compete Agreements [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Gross Carrying Amount | 8 | 8 |
Identifiable intangible assets - Accumulated Amortization | ($8) | ($7) |
Non-compete Agreements [Member] | Minimum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '2 years | ' |
Non-compete Agreements [Member] | Maximum [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Identifiable intangible assets - Amortization Period | '5 years | ' |
Debt_Obligations_Details
Debt Obligations (Details) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jul. 25, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Sep. 17, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 18, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 19, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 19, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | |
Any four consecutive fiscal quarters ending prior to December 31, 2013 [Member] | Any four consecutive fiscal quarters ending on or after December 31, 2013 [Member] | Revolving Credit Facility [Member] | Term Loan [Member] | Line of Credit [Member] | Secured Debt [Member] | Secured Debt [Member] | Secured Debt [Member] | Secured Debt [Member] | Secured Debt [Member] | Secured Debt [Member] | Term loan facility [Member] | Term loan facility [Member] | Revolving credit facility [Member] | Revolving credit facility [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 5% Notes Due 2022 [Member] | 4.625% Notes Due 2022 [Member] | 4.625% Notes Due 2022 [Member] | 4.625% Notes Due 2021 [Member] [Member] | 4.625% Notes Due 2021 [Member] [Member] | 4.625% Notes Due 2021 [Member] [Member] | 4.625% Notes Due 2021 [Member] [Member] | 4.625% Notes Due 2021 [Member] [Member] | 4.625% Notes Due 2021 [Member] [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | 6.375% Notes due 2023 [Member] | Other Debt [Member] | Other Debt [Member] | Quarterly installments beginning September 30, 2014 [Member] | Quarterly installments beginning September 30, 2015 [Member] | Quarterly installments beginning September 30, 2016 [Member] | Period One [Member] | Period One [Member] | Period Two [Member] | Period Two [Member] | Period Three [Member] | Period Four [Member] | Period Five [Member] | Term Loan [Member] | |||||
Federal Funds Rate [Member] | Base Rate [Member] | Base Rate [Member] | Base Rate [Member] | LIBOR [Member] | LIBOR [Member] | Prior to July 15, 2015 [Member] | Twelve Month Period Commencing On July 15, 2017 [Member] | Twelve Month Period Commencing On July 15, 2018 [Member] | Twelve Month Period Commencing On July 15, 2019 [Member] | Twelve Month Period Commencing On July 15, 2020 [Member] | Prior To July 15, 2017 [Member] | Prior to February 15, 2016 [Member] [Member] | Twelve Month Period Commencing On February 15, 2017 [Member] | Twelve Month Period Commencing On February 15, 2018 [Member] | Twelve Month Period Commencing On February 15, 2019 [Member] | Prior To February 15, 2017 [Member] | Twelve Month Period Commencing On December 15, 2017 [Member] | Twelve Month Period Commencing On December 15, 2018 [Member] | Twelve Month Period Commencing On December 15, 2019 [Member] | Prior To December 15, 2017 [Member] | Prior to December 15, 2016 [Member] | Twelve Month Period Commencing On December 15, 2018 [Member] | Twelve Month Period Commencing On December 15, 2019 [Member] | Prior to December 15, 2016 [Member] | Twelve Month Period Commencing On December 15, 2020 [Member] | Twelve Month Period Commencing On December 15, 2021 [Member] | Prior To December 15, 2018 [Member] | Secured Debt [Member] | Secured Debt [Member] | Secured Debt [Member] | ||||||||||||||||||||||||||||||||||||
Minimum [Member] | Maximum [Member] | Minimum [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total debt | $3,354,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Short-term debt | 34,000,000 | 72,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term debt | 3,320,000,000 | 1,891,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 780,000,000 | 0 | 0 | 600,000,000 | 600,000,000 | ' | ' | ' | ' | ' | ' | ' | 500,000,000 | ' | 500,000,000 | ' | ' | ' | ' | ' | 400,000,000 | ' | 0 | ' | ' | ' | ' | ' | 700,000,000 | ' | 0 | ' | ' | ' | ' | ' | ' | 33,000,000 | 11,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,087,000,000 |
Long-term Debt, Weighted Average Interest Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.55% | 3.06% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.21% | 6.13% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Secured credit facility aggregate principle amount | ' | ' | ' | ' | ' | ' | 850,000,000 | 1,115,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Available additional amount of incremental term loan or incremental revolving commitment | ' | ' | ' | 150,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Outstanding letters of credit | ' | ' | ' | ' | ' | ' | ' | ' | 22,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Business acquisitions, net of cash acquired | -780,000,000 | -108,000,000 | -1,085,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument installment payment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 14,000,000 | 21,000,000 | 28,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Margin for base rate loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.25% | 1.25% | 1.25% | 2.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument covenant consolidated leverage ratio | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.85 | ' | 4.5 | ' | 4.25 | 4 | 3.75 | ' |
Debt instrument covenant interest coverage ratio | ' | ' | ' | ' | 3.5 | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | 3.5 | ' | ' | ' | ' |
Debt instrument stated percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.63% | ' | ' | ' | ' | ' | 5.88% | ' | ' | ' | ' | ' | ' | ' | 6.38% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redemption price percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 105.00% | 102.50% | 101.67% | 100.83% | 100.00% | 100.00% | ' | 104.63% | ' | ' | 102.31% | 101.16% | 100.00% | 100.00% | ' | ' | ' | 102.94% | 101.47% | 100.00% | 100.00% | 105.88% | ' | ' | ' | 103.19% | 102.13% | 106.38% | 101.06% | 100.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of qggregate principle amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of debt instrument | $3,330,000,000 | $1,970,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt_Obligations_Maturities_of
Debt Obligations - Maturities of Long-term Debt (Details) (USD $) | Dec. 31, 2013 |
In Millions, unless otherwise specified | |
Long-term Debt, Fiscal Year Maturity [Abstract] | ' |
2014 | $34 |
2015 | 76 |
2016 | 104 |
2017 | 118 |
2018 | 814 |
Thereafter | 2,208 |
Total debt | $3,354 |
Debt_Obligations_Short_Term_Bo
Debt Obligations Short Term Borrowings (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Short-term Debt [Line Items] | ' | ' |
Short-term debt | $34 | $72 |
Term Loan [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Long-term Debt, Current Maturities | 28 | 70 |
Short-term Debt, Weighted Average Interest Rate | 2.55% | 3.06% |
Other Debt [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Short-term Debt, Weighted Average Interest Rate | 7.11% | 3.22% |
Short-term debt | $6 | $2 |
Income_Taxes_Income_from_Conti
Income Taxes - Income from Continuing Operations (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
(Loss) Income Before Income Taxes [Abstract] | ' | ' | ' |
United States | $29 | $280 | ($418) |
Foreign | 525 | 418 | 254 |
Income (loss) from continuing operations before income taxes | $554 | $698 | ($164) |
Income_Taxes_Components_of_Inc
Income Taxes - Components of Income Tax (Benefit) Expense (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Current | ' | ' | ' |
Federal | ($13) | $6 | $2 |
State | 3 | 0 | 1 |
Foreign | 105 | 73 | 61 |
Deferred | ' | ' | ' |
Federal | 19 | 155 | -128 |
State | -4 | 1 | -3 |
Foreign | -12 | -12 | 1 |
Total income tax expense (benefit) | $98 | $223 | ($66) |
Income_Taxes_Income_Tax_Reconc
Income Taxes - Income Tax Reconciliation (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Income Tax Disclosure [Abstract] | ' | ' | ' |
Income tax expense (benefit) at the U.S. federal tax rate of 35% | $194 | $245 | ($58) |
Foreign income tax differential | -86 | -50 | -8 |
U.S. permanent book/tax differences | 3 | -3 | 3 |
Tax audit settlements | ' | -12 | -12 |
Change in liability for unrecognized tax benefits | 29 | 12 | 2 |
Nondeductible transaction costs | 1 | 1 | 4 |
U.S. valuation allowance | ' | 17 | 5 |
Valuation allowance releases | -25 | ' | ' |
Tax extenders legislation | -16 | 14 | ' |
Other, net | -2 | -1 | -2 |
Total income tax expense (benefit) | $98 | $223 | ($66) |
Federal income tax rate | 35.00% | 35.00% | 35.00% |
Income_Taxes_Deferred_Taxes_De
Income Taxes - Deferred Taxes (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 |
JAPAN | United States [Member] | United States [Member] | U.S. Federal [Member] | |||
Deferred Tax [Line Items] | ' | ' | ' | ' | ' | ' |
Valuation Allowance, Deferred Tax Asset, Change in Amount | ' | ' | $15,000,000 | $17,000,000 | ' | ' |
Deferred income tax assets | ' | ' | ' | ' | ' | ' |
Employee pensions and other benefits | 119,000,000 | 322,000,000 | ' | ' | ' | ' |
Other balance sheet reserves and allowances | 170,000,000 | 140,000,000 | ' | ' | ' | ' |
Tax loss and credit carryforwards | 719,000,000 | 628,000,000 | ' | ' | ' | ' |
Capitalized research and development | 101,000,000 | 86,000,000 | ' | ' | ' | ' |
Property, plant and equipment | 7,000,000 | 8,000,000 | ' | ' | ' | ' |
Other | 52,000,000 | 54,000,000 | ' | ' | ' | ' |
Total deferred income tax assets | 1,168,000,000 | 1,238,000,000 | ' | ' | ' | ' |
Valuation allowance | -364,000,000 | -399,000,000 | ' | ' | ' | ' |
Net deferred income tax assets | 804,000,000 | 839,000,000 | ' | ' | 555,000,000 | ' |
Deferred income tax liabilities | ' | ' | ' | ' | ' | ' |
Intangible Assets | 125,000,000 | 83,000,000 | ' | ' | ' | ' |
Capitalized software | 20,000,000 | 16,000,000 | ' | ' | ' | ' |
Other | 7,000,000 | 11,000,000 | ' | ' | ' | ' |
Total deferred income tax liabilities | 152,000,000 | 110,000,000 | ' | ' | ' | ' |
Total net deferred income tax assets | 652,000,000 | 729,000,000 | ' | ' | ' | ' |
Tax deductions in excess of previously recorded stock-based compensation windfall tax benefits but not reflected in deferred tax assets | ' | ' | ' | ' | ' | 69,000,000 |
U.S. federal and foreign tax attribute carryforwards | 1,800,000,000 | ' | ' | ' | ' | ' |
Tax credit carryforward, amount | ' | ' | ' | ' | 117,000,000 | ' |
Tax credit carryforward, not subject to expiration | ' | ' | ' | ' | 22,000,000 | ' |
Tax credit carryforward, expires in years 2014 through 2032 | ' | ' | ' | ' | $95,000,000 | ' |
Income_Taxes_Unrecognized_Tax_
Income Taxes - Unrecognized Tax Benefit (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | ' | ' | ' |
Gross unrecognized tax benefits - January 1 | $256,000,000 | $273,000,000 | $303,000,000 |
Increases related to tax positions from prior years | 33,000,000 | 24,000,000 | 24,000,000 |
Decreases related to tax positions from prior years | -33,000,000 | -16,000,000 | -31,000,000 |
Increases related to tax provisions taken during the current year | 40,000,000 | 30,000,000 | 23,000,000 |
Settlements with tax authorities | -2,000,000 | -35,000,000 | -33,000,000 |
Lapses of statutes of limitation | -17,000,000 | -20,000,000 | -13,000,000 |
Total Gross unrecognized tax benefits - December 31 | 277,000,000 | 256,000,000 | 273,000,000 |
Total amount of gross unrecognized tax benefits that would affect NCR's effective tax rate if realized | 155,000,000 | ' | ' |
Recognized interest and penalties expense (benefit) associated with uncertain tax positions | 8,000,000 | 4,000,000 | -11,000,000 |
Interest and penalties accrued associated with uncertain tax positions | 56,000,000 | 51,000,000 | ' |
Significant change in unrecognized tax benefits is reasonably possible, estimated range of change, lower bound | 20,000,000 | ' | ' |
Significant change in unrecognized tax benefits is reasonably possible, estimated range of change, upper bound | 25,000,000 | ' | ' |
Undistributed earnings of foreign subsidiaries | $1,900,000,000 | ' | ' |
Income_Taxes_Income_Tax_Adjust
Income Taxes - Income Tax Adjustments, Settlements and Unusual Items (Details) (USD $) | 12 Months Ended | ||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
American Taxpayer Relief Act [Member] | Tax Planning Strategy [Member] | CANADA | CANADA | JAPAN | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | |
Internal Revenue Service (IRS) [Member] | State and Local Jurisdiction [Member] | Internal Revenue Service (IRS) [Member] | State and Local Jurisdiction [Member] | ||||||
Income Tax Settlements, Adjustments and Unusual Items [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income Tax Adjustments, Settlements and Unusual Items | ($16) | ($10) | $14 | $12 | $13 | ' | ' | ' | ' |
Income tax statues of limitations period | ' | ' | ' | ' | ' | '3 years | '3 years | '5 years | '5 years |
Employee_Stock_Compensation_Pl2
Employee Stock Compensation Plans - Allocated Compensation, Assumptions and Shares Available (Details) (USD $) | 12 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Total stock-based compensation (pre-tax) | $41 | $49 | $33 |
Tax Benefit | -13 | -14 | -10 |
Total stock-based compensation (net of tax) | 28 | 35 | 23 |
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract] | ' | ' | ' |
Dividend yield | ' | 0.00% | 0.00% |
Risk-free interest rate | ' | 0.78% | 2.04% |
Expected volatility | ' | 40.10% | 40.40% |
Expected holding period (in years) | ' | '5 years | '5 years 1 month 6 days |
Stock Incentive Plan, 2006 [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Shares authorized (in shares) | 19 | ' | ' |
Stock Options [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Total stock-based compensation (pre-tax) | 39 | 46 | 27 |
Weighted average fair value of option granted (in dollars per share) | ' | $8.24 | $7.38 |
Restricted Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Total stock-based compensation (pre-tax) | $2 | $3 | $6 |
Employee_Stock_Compensation_Pl3
Employee Stock Compensation Plans - Restricted Stock and Restricted Stock Units (Details) (USD $) | 12 Months Ended | ||
In Millions, except Share data in Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Restricted Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Unvested shares, Beginning balance, Number of Shares (in shares) | 4,720 | ' | ' |
Shares granted, Number of Shares (in shares) | 2,286 | ' | ' |
Shares vested, Number of Shares (in shares) | -1,156 | ' | ' |
Shares forfeited, Number of Shares (in shares) | -541 | ' | ' |
Unvested shares, Ending balance, Number of Shares (in shares) | 5,309 | 4,720 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward] | ' | ' | ' |
Unvested shares, Beginning balance, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $19.02 | ' | ' |
Shares granted, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $25.64 | $19.59 | $18.84 |
Shares vested, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $15.56 | ' | ' |
Shares forfeited, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $21.75 | ' | ' |
Unvested shares, Ending balance, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $22.30 | $19.02 | ' |
Total intrinsic value of shares vested and distributed | $33 | $68 | $1 |
Total unrecognized compensation | $54 | ' | ' |
Total unrecognized compensation cost, period of recognition | '1 year 4 months 26 days | ' | ' |
Restricted Stock, Service-based [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Shares granted, Number of Shares (in shares) | 944 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward] | ' | ' | ' |
Shares granted, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $27.72 | ' | ' |
Restricted Stock, Performance-based [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Award requisite service period | '1 year | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Shares granted, Number of Shares (in shares) | 1,342 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward] | ' | ' | ' |
Shares granted, Weighted Average Grant-Date Fair Value per Share (in dollars per share) | $24.18 | ' | ' |
Minimum [Member] | Restricted Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Vesting period | '3 years | ' | ' |
2012 and 2013 Performance Period [Member] | Restricted Stock, Performance-based [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Shares granted, Number of Shares (in shares) | 1,000 | ' | ' |
Employee_Stock_Compensation_Pl4
Employee Stock Compensation Plans - Stock Options (Details) (Stock Options [Member], USD $) | 12 Months Ended | ||
In Millions, except Share data in Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | ' | ' | ' |
Outstanding, Beginning balance, Shares Under Option (in shares) | 4,858 | ' | ' |
Granted, Shares Under Option (in shares) | 0 | ' | ' |
Vested, Shares Under Option (in shares) | -2,870 | ' | ' |
Forfeited or expired, Shares Under Option (in shares) | -50 | ' | ' |
Outstanding, Ending balance, Shares Under Option (in shares) | 1,938 | 4,858 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward] | ' | ' | ' |
Outstanding, Beginning balance, Weighted Average Exercise Price per Share (in dollars per share) | $17.49 | ' | ' |
Granted, Weighted Average Exercise Price per Share (in dollars per share) | $0 | ' | ' |
Vested, Weighted Average Exercise Price per Share (in dollars per share) | $17.66 | ' | ' |
Forfeited or expired, Weighted Average Exercise Price per Share (in dollars per share) | $13.86 | ' | ' |
Outstanding, Ending balance, Weighted Average Exercise Price per Share (in dollars per share) | $17.32 | $17.49 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Outstanding, Weighted Average Remaining Contratual Term (in years) | '4 years 0 months 8 days | ' | ' |
Outstanding, Aggregate Intrinsic Value | $32 | ' | ' |
Exercisable, Shares Under Option (in shares) | 1,708 | ' | ' |
Exercisable, Weighted Average Exercise Price per Share (in dollars per share) | $17.84 | ' | ' |
Exercisable, Weighted Average Remaining Contractual Term (in years) | '3 years 8 months 17 days | ' | ' |
Exercisable, Aggregate Intrinsic Value | 27 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract] | ' | ' | ' |
Fully vested and expected to vest, Shares Under Option (in shares) | 1,918 | ' | ' |
Fully vested and expected to vest, Weighted Average Exercise Price per Share (in dollars per share) | $17.36 | ' | ' |
Fully vested and expected to vest, Weighted Average Remaining Contractual Term (in years) | '4 years 1 month 21 days | ' | ' |
Fully vested and expected to vest, Aggregate Intrinsic Value | 32 | ' | ' |
Total intrinsic value of all options exercised | 37 | 31 | 8 |
Cash received from option exercises | 51 | 47 | 13 |
Tax benefit realized from these exercises | $12 | $10 | $3 |
Minimum [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract] | ' | ' | ' |
Vesting period | '1 year | ' | ' |
Maximum [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | '10 years | ' | ' |
Employee_Stock_Compensation_Pl5
Employee Stock Compensation Plans - Other Share-based Plans (Details) (Employee Stock [Member], USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Employee Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
ESPP discount | 5.00% | ' | ' |
Employees may authorize payroll deductions of up to | 10.00% | ' | ' |
Employees purchased (in shares) | 0.2 | 0.3 | 0.3 |
Employees purchased | $6 | $6 | $5 |
Shares authorized (in shares) | 4 | ' | ' |
Shares remain unissued (in shares) | 1.7 | ' | ' |
Employee_Benefit_Plans_Amounts
Employee Benefit Plans - Amounts to be Recognized (Details) (USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2013 |
Pension Plan, Defined Benefit [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
Prior service cost (income) | $2 |
Actuarial loss | 0 |
U.S. Pension Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
Prior service cost (income) | 0 |
Actuarial loss | 0 |
International Pension Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
Prior service cost (income) | 2 |
Actuarial loss | 0 |
Postretirement Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
Prior service cost (income) | -18 |
Actuarial loss | 2 |
Postemployment Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
Prior service cost (income) | -4 |
Actuarial loss | $0 |
Employee_Benefit_Plans_Change_
Employee Benefit Plans - Change in Benefit Obligation and Plan Assets, Funded Status, Amounts Recognized in Balance Sheet, and ABO in Excess of Plan Assets (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Pension Plan, Defined Benefit [Member] | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' |
Defined Benefit Plan, Settlements, Benefit Obligation | $0 | ($2) | ' |
Defined Benefit Plan, Special Termination Benefits | 26 | 0 | 0 |
Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 4 | 0 | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation as of January 1 | 5,711 | 6,157 | ' |
Net service cost | 14 | 14 | 15 |
Interest cost | 203 | 242 | 272 |
Amendment | 4 | 9 | ' |
Benefits paid | -523 | -798 | ' |
Plan participant contributions | 3 | 3 | ' |
Currency translation adjustments | 19 | 68 | ' |
Actuarial loss | -316 | 18 | ' |
Settlement | 0 | -2 | ' |
Benefit obligation as of December 31 | 5,145 | 5,711 | 6,157 |
Accumulated benefit obligation as of December 31 | 5,111 | 5,628 | ' |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets as of January 1 | 5,250 | 4,714 | ' |
Actual return on plan assets | 13 | 506 | ' |
Company contributions | 283 | 752 | ' |
Benefits paid | -523 | -798 | ' |
Currency translation adjustments | 30 | 75 | ' |
Plan participant contributions | 3 | 3 | ' |
Fair value of plan assets as of December 31 | 5,056 | 5,250 | 4,714 |
Funded Status | -89 | -461 | ' |
Amounts recognized in the Consolidated Balance Sheets | ' | ' | ' |
Noncurrent assets | 478 | 368 | ' |
Current liabilities | -35 | -24 | ' |
Noncurrent liabilities | -532 | -805 | ' |
Net amounts recognized | -89 | -461 | ' |
Amounts recognized in the accumulated other comprehensive loss | ' | ' | ' |
Prior service cost | 2 | 5 | ' |
Total | 2 | 5 | ' |
Pension plans with accumulated benefit obligations in excess of plan assets, projected benefit obligation | 3,319 | 4,271 | ' |
Pension plans with accumulated benefit obligations in excess of plan assets, accumulated benefit obligation | 3,311 | 4,243 | ' |
Pension plans with accumulated benefit obligations in excess of plan assets, fair value of plan assets | 2,582 | 3,457 | ' |
Defined Benefit Plan, Amortization of Gains (Losses) | 119 | 262 | -570 |
U.S. Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' |
Defined Benefit Plan, Settlements, Benefit Obligation | 0 | 0 | ' |
Defined Benefit Plan, Special Termination Benefits | 26 | 0 | 0 |
Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 0 | 0 | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation as of January 1 | 3,462 | 4,084 | ' |
Net service cost | 0 | 0 | 0 |
Interest cost | 124 | 159 | 182 |
Amendment | 0 | 0 | ' |
Benefits paid | -410 | -687 | ' |
Plan participant contributions | 0 | 0 | ' |
Currency translation adjustments | 0 | 0 | ' |
Actuarial loss | -271 | -94 | ' |
Settlement | 0 | 0 | ' |
Benefit obligation as of December 31 | 2,931 | 3,462 | 4,084 |
Accumulated benefit obligation as of December 31 | 2,931 | 3,462 | ' |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets as of January 1 | 3,022 | 2,733 | ' |
Actual return on plan assets | -116 | 325 | ' |
Company contributions | 187 | 651 | ' |
Benefits paid | -410 | -687 | ' |
Currency translation adjustments | 0 | 0 | ' |
Plan participant contributions | 0 | 0 | ' |
Fair value of plan assets as of December 31 | 2,683 | 3,022 | 2,733 |
Funded Status | -248 | -440 | ' |
Amounts recognized in the Consolidated Balance Sheets | ' | ' | ' |
Noncurrent assets | 0 | 0 | ' |
Current liabilities | -17 | -9 | ' |
Noncurrent liabilities | -231 | -431 | ' |
Net amounts recognized | -248 | -440 | ' |
Amounts recognized in the accumulated other comprehensive loss | ' | ' | ' |
Prior service cost | 0 | 0 | ' |
Total | 0 | 0 | ' |
Defined Benefit Plan, Amortization of Gains (Losses) | 43 | 293 | -450 |
International Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' |
Defined Benefit Plan, Settlements, Benefit Obligation | 0 | -2 | ' |
Defined Benefit Plan, Special Termination Benefits | 0 | 0 | 0 |
Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 4 | 0 | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation as of January 1 | 2,249 | 2,073 | ' |
Net service cost | 14 | 14 | 15 |
Interest cost | 79 | 83 | 90 |
Amendment | 4 | 9 | ' |
Benefits paid | -113 | -111 | ' |
Plan participant contributions | 3 | 3 | ' |
Currency translation adjustments | 19 | 68 | ' |
Actuarial loss | -45 | 112 | ' |
Settlement | 0 | -2 | ' |
Benefit obligation as of December 31 | 2,214 | 2,249 | 2,073 |
Accumulated benefit obligation as of December 31 | 2,180 | 2,166 | ' |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets as of January 1 | 2,228 | 1,981 | ' |
Actual return on plan assets | 129 | 181 | ' |
Company contributions | 96 | 101 | ' |
Benefits paid | -113 | -111 | ' |
Currency translation adjustments | 30 | 75 | ' |
Plan participant contributions | 3 | 3 | ' |
Fair value of plan assets as of December 31 | 2,373 | 2,228 | 1,981 |
Funded Status | 159 | -21 | ' |
Amounts recognized in the Consolidated Balance Sheets | ' | ' | ' |
Noncurrent assets | 478 | 368 | ' |
Current liabilities | -18 | -15 | ' |
Noncurrent liabilities | -301 | -374 | ' |
Net amounts recognized | 159 | -21 | ' |
Amounts recognized in the accumulated other comprehensive loss | ' | ' | ' |
Prior service cost | 2 | 5 | ' |
Total | 2 | 5 | ' |
Defined Benefit Plan, Amortization of Gains (Losses) | 76 | -31 | -120 |
Postemployment Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation as of January 1 | 258 | 264 | ' |
Restructuring program cost | 0 | -1 | ' |
Net service cost | 24 | 24 | 25 |
Interest cost | 6 | 9 | 10 |
Amendment | 1 | -3 | ' |
Benefits paid | -35 | -37 | ' |
Curtailment | -51 | 0 | ' |
Currency translation adjustments | -6 | 1 | ' |
Actuarial loss | -21 | 1 | ' |
Benefit obligation as of December 31 | 176 | 258 | 264 |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Benefits paid | -35 | -37 | ' |
Funded Status | -176 | -258 | ' |
Amounts recognized in the Consolidated Balance Sheets | ' | ' | ' |
Current liabilities | -30 | -42 | ' |
Noncurrent liabilities | -146 | -216 | ' |
Net amounts recognized | -176 | -258 | ' |
Amounts recognized in the accumulated other comprehensive loss | ' | ' | ' |
Net actuarial loss | 5 | 87 | ' |
Prior service cost | -18 | -36 | ' |
Total | -13 | 51 | ' |
Defined Benefit Plan, Amortization of Gains (Losses) | -5 | -11 | -14 |
Postretirement Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation as of January 1 | 35 | 44 | ' |
Net service cost | 0 | 0 | 0 |
Interest cost | 1 | 1 | 2 |
Amendment | 0 | -4 | ' |
Benefits paid | -6 | -8 | ' |
Plan participant contributions | 2 | 3 | ' |
Actuarial loss | -5 | -1 | ' |
Benefit obligation as of December 31 | 27 | 35 | 44 |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Benefits paid | -6 | -8 | ' |
Plan participant contributions | 2 | 3 | ' |
Funded Status | -27 | -35 | ' |
Amounts recognized in the Consolidated Balance Sheets | ' | ' | ' |
Current liabilities | -4 | -5 | ' |
Noncurrent liabilities | -23 | -30 | ' |
Net amounts recognized | -27 | -35 | ' |
Amounts recognized in the accumulated other comprehensive loss | ' | ' | ' |
Net actuarial loss | 20 | 29 | ' |
Prior service cost | -69 | -88 | ' |
Total | -49 | -59 | ' |
Defined Benefit Plan, Amortization of Gains (Losses) | ($2) | ($3) | ($3) |
Employee_Benefit_Plans_Net_Per
Employee Benefit Plans - Net Periodic Benefit (Income) Cost (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Postemployment Benefits [Member] | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' |
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments | ($13) | $0 | $0 |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Net service cost | 24 | 24 | 25 |
Interest cost | 6 | 9 | 10 |
Prior service cost | -4 | -6 | -9 |
Actuarial loss | 5 | 11 | 14 |
Net benefit cost | 18 | 38 | 40 |
Restructuring severance cost | 0 | -1 | 6 |
Net periodic benefit cost | 18 | 37 | 46 |
Reduction in long term disability benefits actuarial liability | ' | ' | 6 |
Postretirement Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Net service cost | 0 | 0 | 0 |
Interest cost | 1 | 1 | 2 |
Prior service cost | -18 | -18 | -18 |
Actuarial loss | 2 | 3 | 3 |
Net periodic benefit cost | -15 | -14 | -13 |
Pension Plan, Defined Benefit [Member] | ' | ' | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Net service cost | 14 | 14 | 15 |
Interest cost | 203 | 242 | 272 |
Expected return on plan assets | -208 | -225 | -281 |
Settlement charge | 6 | 7 | 6 |
Defined Benefit Plan, Special Termination Benefits | 26 | 0 | 0 |
Actuarial loss | -119 | -262 | 570 |
Net periodic benefit cost | -78 | -224 | 582 |
Company contributions | 283 | 752 | ' |
Pension liability | 0 | -2 | ' |
U.S. Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Net service cost | 0 | 0 | 0 |
Interest cost | 124 | 159 | 182 |
Expected return on plan assets | -109 | -127 | -175 |
Settlement charge | 0 | 0 | 0 |
Defined Benefit Plan, Special Termination Benefits | 26 | 0 | 0 |
Actuarial loss | -43 | -293 | 450 |
Net periodic benefit cost | -2 | -261 | 457 |
Company contributions | 187 | 651 | ' |
Pension liability | 0 | 0 | ' |
International Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Net service cost | 14 | 14 | 15 |
Interest cost | 79 | 83 | 90 |
Expected return on plan assets | -99 | -98 | -106 |
Settlement charge | 6 | 7 | 6 |
Defined Benefit Plan, Special Termination Benefits | 0 | 0 | 0 |
Actuarial loss | -76 | 31 | 120 |
Net periodic benefit cost | -76 | 37 | 125 |
Company contributions | 96 | 101 | ' |
Pension liability | 0 | -2 | ' |
U.S. non-qualified plan [Member] | ' | ' | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Actuarial loss | ($15) | ' | ' |
Employee_Benefit_Plans_Assumpt
Employee Benefit Plans - Assumptions, Market-Related Value, and Unrecognized Loss (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' |
Defined Benefit Plan, Effect of One Percentage Point Increase on Service and Interest Cost Components | 0 | ' | ' |
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract] | ' | ' | ' |
Defined Benefit Plan, Effect of One Percentage Point Decrease on Service and Interest Cost Components | 0 | ' | ' |
Defined Benefit Plan, Effect of One Percentage Point Increase on Accumulated Postretirement Benefit Obligation | 0 | ' | ' |
Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation | 0 | ' | ' |
Pension Plan, Defined Benefit [Member] | ' | ' | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' |
Discount rate | 4.30% | 3.70% | ' |
Rate of compensation increase | 2.70% | 2.50% | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Discount rate | 3.70% | 4.00% | 5.00% |
Expected return on plan assets | 4.10% | 4.80% | 6.30% |
Rate of compensation increase | 2.50% | 3.00% | 3.50% |
U.S. Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' |
Discount rate | 4.60% | 3.80% | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Discount rate | 3.80% | 4.00% | 5.30% |
Expected return on plan assets | 3.80% | 4.80% | 6.80% |
International Pension Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' |
Discount rate | 3.80% | 3.70% | ' |
Rate of compensation increase | 2.70% | 2.50% | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Discount rate | 3.70% | 4.10% | 4.60% |
Expected return on plan assets | 4.60% | 4.80% | 5.50% |
Rate of compensation increase | 2.50% | 3.00% | 3.50% |
Postemployment Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' |
Discount rate | 3.20% | 2.90% | ' |
Rate of compensation increase | 2.80% | 2.60% | ' |
Involuntary turnover rate | 4.80% | 5.50% | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Discount rate | 2.90% | 3.50% | 3.90% |
Rate of compensation increase | 2.60% | 3.20% | 3.40% |
Involuntary turnover rate | 5.50% | 5.50% | 5.50% |
Postretirement Benefits [Member] | ' | ' | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' |
Discount rate | 3.40% | 2.60% | ' |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' |
Discount rate | 2.60% | 3.30% | 4.30% |
Postretirement Benefits [Member] | Pre-65 Coverage [Member] | ' | ' | ' |
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract] | ' | ' | ' |
Healthcare cost trend rate assumed for next year | 7.00% | 8.00% | ' |
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) | 5.00% | 5.00% | ' |
Year that the rate reaches the ultimate rate | '2024 | '2018 | ' |
Postretirement Benefits [Member] | Post-65 Coverage[Member] | ' | ' | ' |
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract] | ' | ' | ' |
Healthcare cost trend rate assumed for next year | 6.00% | 6.50% | ' |
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) | 5.00% | 5.00% | ' |
Year that the rate reaches the ultimate rate | '2024 | '2018 | ' |
Employee_Benefit_Plans_Actual_
Employee Benefit Plans - Actual and Target Allocations (Details) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Defined Benefit Plan, Effect of One Percentage Point Increase on Service and Interest Cost Components | 0 | ' |
Defined Benefit Plan, Effect of One Percentage Point Decrease on Service and Interest Cost Components | 0 | ' |
Defined Benefit Plan, Effect of One Percentage Point Increase on Accumulated Postretirement Benefit Obligation | 0 | ' |
Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation | 0 | ' |
U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 100.00% | 100.00% |
International Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 100.00% | 100.00% |
Equity Securities [Member] | U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 0.00% | 0.00% |
Target Asset Allocation, Equity securities, Minimum | 0.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 2.00% | ' |
Equity Securities [Member] | International Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 11.00% | 24.00% |
Target Asset Allocation, Equity securities, Minimum | 24.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 31.00% | ' |
Debt Securities [Member] | U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 97.00% | 97.00% |
Target Asset Allocation, Equity securities, Minimum | 96.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 100.00% | ' |
Debt Securities [Member] | International Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 76.00% | 65.00% |
Target Asset Allocation, Equity securities, Minimum | 61.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 68.00% | ' |
Real Estate [Member] | U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 1.00% | 1.00% |
Target Asset Allocation, Equity securities, Minimum | 0.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 2.00% | ' |
Real Estate [Member] | International Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 6.00% | 6.00% |
Target Asset Allocation, Equity securities, Minimum | 3.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 5.00% | ' |
Other [Member] | U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 2.00% | 2.00% |
Target Asset Allocation, Equity securities, Minimum | 0.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 2.00% | ' |
Other [Member] | International Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 7.00% | 5.00% |
Target Asset Allocation, Equity securities, Minimum | 3.00% | ' |
Target Asset Allocation, Equity securities, Maximum | 6.00% | ' |
Fixed Income Assets [Member] | U.S. Pension Benefits [Member] | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' |
Allocation of plan asset, percentage | 100.00% | 80.00% |
Employee_Benefit_Plans_Fair_Va
Employee Benefit Plans - Fair Value of Plan Assets (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | ||
In Millions, unless otherwise specified | |||||
U.S. Pension Benefits [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Benefit Obligation | $2,931 | $3,462 | $4,084 | ||
Defined Benefit Plan, Fair Value of Plan Assets | 2,683 | 3,022 | 2,733 | ||
U.S. Pension Benefits [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 146 | 207 | ' | ||
U.S. Pension Benefits [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 2,454 | 2,752 | ' | ||
U.S. Pension Benefits [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 83 | 63 | 96 | ||
U.S. Pension Benefits [Member] | Equity Securities, Common Stock [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 2 | [1] | ' |
U.S. Pension Benefits [Member] | Equity Securities, Common Stock [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 1 | [1] | ' |
U.S. Pension Benefits [Member] | Equity Securities, Common Stock [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 0 | [1] | ' |
U.S. Pension Benefits [Member] | Equity Securities, Common Stock [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 1 | [1] | ' |
U.S. Pension Benefits [Member] | Government Debt Securities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 260 | [2] | 228 | [2] | ' |
U.S. Pension Benefits [Member] | Government Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [2] | 0 | [2] | ' |
U.S. Pension Benefits [Member] | Government Debt Securities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 260 | [2] | 228 | [2] | ' |
U.S. Pension Benefits [Member] | Government Debt Securities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [2] | 0 | [2] | ' |
U.S. Pension Benefits [Member] | Corporate Debt Securities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,091 | [3] | 1,221 | [3] | ' |
U.S. Pension Benefits [Member] | Corporate Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [3] | 0 | [3] | ' |
U.S. Pension Benefits [Member] | Corporate Debt Securities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,091 | [3] | 1,221 | [3] | ' |
U.S. Pension Benefits [Member] | Corporate Debt Securities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [3] | 0 | [3] | ' |
U.S. Pension Benefits [Member] | Money Market Funds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 24 | 33 | [4] | ' | |
U.S. Pension Benefits [Member] | Money Market Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | 0 | [4] | ' | |
U.S. Pension Benefits [Member] | Money Market Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 24 | 33 | [4] | ' | |
U.S. Pension Benefits [Member] | Money Market Funds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | 0 | [4] | ' | |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Equities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Equities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Equities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Equities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Bonds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,035 | [4] | 1,191 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Bonds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Bonds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,035 | [4] | 1,191 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Bonds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Short Term Investments [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 44 | [4] | 49 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 44 | [4] | 49 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Balanced [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 1 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Balanced [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Balanced [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 1 | [4] | ' |
U.S. Pension Benefits [Member] | Common and Commingled Trusts, Balanced [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 35 | [5] | 40 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 35 | [5] | 40 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Other [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 48 | [5] | 22 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Other [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Other [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
U.S. Pension Benefits [Member] | Partnership And Joint Venture Interests, Other [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 48 | [5] | 22 | [5] | ' |
U.S. Pension Benefits [Member] | Mutual Funds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 146 | [4] | 206 | [4] | ' |
U.S. Pension Benefits [Member] | Mutual Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 146 | [4] | 206 | [4] | ' |
U.S. Pension Benefits [Member] | Mutual Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Mutual Funds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Insurance Products [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 28 | [4] | ' |
U.S. Pension Benefits [Member] | Insurance Products [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Insurance Products [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 28 | [4] | ' |
U.S. Pension Benefits [Member] | Insurance Products [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
U.S. Pension Benefits [Member] | Real Estate And Other [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 1 | [5] | ' |
U.S. Pension Benefits [Member] | Real Estate And Other [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
U.S. Pension Benefits [Member] | Real Estate And Other [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 1 | [5] | ' |
U.S. Pension Benefits [Member] | Real Estate And Other [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Benefit Obligation | 2,214 | 2,249 | 2,073 | ||
Defined Benefit Plan, Fair Value of Plan Assets | 2,373 | 2,228 | 1,981 | ||
Foreign Pension Plan, Defined Benefit [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 65 | 536 | ' | ||
Foreign Pension Plan, Defined Benefit [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 2,121 | 1,499 | ' | ||
Foreign Pension Plan, Defined Benefit [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 187 | 193 | 187 | ||
Foreign Pension Plan, Defined Benefit [Member] | Equity Securities, Common Stock [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 65 | [1] | 170 | [1] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Equity Securities, Common Stock [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 65 | [1] | 170 | [1] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Equity Securities, Common Stock [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 0 | [1] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Equity Securities, Common Stock [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [1] | 0 | [1] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Government Debt Securities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 209 | [2] | 114 | [2] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Government Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [2] | 0 | [2] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Government Debt Securities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 205 | [2] | 114 | [2] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Government Debt Securities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 4 | [2] | 0 | [2] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Corporate Debt Securities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 110 | [3] | 199 | [3] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Corporate Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [3] | 0 | [3] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Corporate Debt Securities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 110 | [3] | 199 | [3] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Corporate Debt Securities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [3] | 0 | [3] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Money Market Funds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 57 | 46 | [4] | ' | |
Foreign Pension Plan, Defined Benefit [Member] | Money Market Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | 0 | [4] | ' | |
Foreign Pension Plan, Defined Benefit [Member] | Money Market Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 57 | 46 | [4] | ' | |
Foreign Pension Plan, Defined Benefit [Member] | Money Market Funds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | 0 | [4] | ' | |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Equities [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 155 | [4] | 246 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Equities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 105 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Equities [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 155 | [4] | 141 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Equities [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Bonds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 153 | [4] | 907 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Bonds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Bonds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 153 | [4] | 907 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Bonds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Short Term Investments [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Short Term Investments [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Balanced [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 158 | [4] | 36 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Balanced [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Balanced [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 158 | [4] | 36 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Common and Commingled Trusts, Balanced [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Real Estate [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Other [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 49 | [5] | 62 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Other [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Other [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Partnership And Joint Venture Interests, Other [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 49 | [5] | 62 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Mutual Funds [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 261 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Mutual Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 261 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Mutual Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Mutual Funds [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Insurance Products [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,283 | [4] | 56 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Insurance Products [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Insurance Products [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 1,283 | [4] | 56 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Insurance Products [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [4] | 0 | [4] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Real Estate And Other [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 134 | [5] | 131 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Real Estate And Other [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Real Estate And Other [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 0 | [5] | 0 | [5] | ' |
Foreign Pension Plan, Defined Benefit [Member] | Real Estate And Other [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Fair Value of Plan Assets | 134 | [5] | 131 | [5] | ' |
NCR Limited Pension Plan [Member] | ' | ' | ' | ||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ||
Defined Benefit Plan, Benefit Obligation | $750 | ' | ' | ||
[1] | Common stocks are valued based on quoted market prices at the closing price as reported on the active market on which the individual securities are traded. | ||||
[2] | Government securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar securities, the security is valued under a discounted cash flows approach that maximizes observable inputs, such as current yields on similar instruments but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks. | ||||
[3] | Corporate debt is valued primarily based on observable market quotations for similar bonds at the closing price reported on the active market on which the individual securities are traded. When such quoted prices are not available, the bonds are valued using a discounted cash flows approach using current yields on similar instruments of issuers with similar credit ratings. | ||||
[4] | Common/collective trusts and registered investment companies (RICs) such as mutual funds are valued using a Net Asset Value (NAV) provided by the manager of each fund. The NAV is based on the underlying net assets owned by the fund, divided by the number of shares or units outstanding. The fair value of the underlying securities within the fund, which are generally traded on an active market, are valued at the closing price reported on the active market on which those individual securities are traded. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiple and cost valuation approaches, are employed by the fund manager or independent third party to value investments. | ||||
[5] | Partnership/joint ventures and hedge funds are valued based on the fair value of the underlying securities within the fund, which include investments both traded on an active market and not traded on an active market. For those investments that are traded on an active market, the values are based on the closing price reported on the active market on which those individual securities are traded and in the case of hedge funds they are valued using a Net Asset Value (NAV) provided by the manager of each fund. For investments not traded on an active market, or for which a quoted price is not publicly available, a variety of unobservable valuation methodologies, including discounted cash flow, market multiples and cost valuation approaches, are employed by the fund manager to value investments. |
Employee_Benefit_Plans_Unobser
Employee Benefit Plans - Unobservable Input Reconciliation (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | U.S. Pension Benefits [Member] | U.S. Pension Benefits [Member] | U.S. Pension Benefits [Member] | U.S. Pension Benefits [Member] | U.S. Pension Benefits [Member] | International Pension Benefits [Member] | International Pension Benefits [Member] | International Pension Benefits [Member] | International Pension Benefits [Member] | International Pension Benefits [Member] |
Significant Unobservable Inputs (Level 3) [Member] | Significant Unobservable Inputs (Level 3) [Member] | Significant Unobservable Inputs (Level 3) [Member] | Significant Unobservable Inputs (Level 3) [Member] | |||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of plan assets as of January 1 | $2,683 | $3,022 | $2,733 | $63 | $96 | $2,373 | $2,228 | $1,981 | $193 | $187 |
Realized and unrealized gains and losses, net | ' | ' | ' | 8 | 4 | ' | ' | ' | 19 | 17 |
Purchases, sales and settlements, net | ' | ' | ' | -16 | -37 | ' | ' | ' | -29 | -11 |
Transfers, net | ' | ' | ' | 28 | 0 | ' | ' | ' | 4 | 0 |
Fair value of plan assets as of December 31 | $2,683 | $3,022 | $2,733 | $83 | $63 | $2,373 | $2,228 | $1,981 | $187 | $193 |
Employee_Benefit_Plans_Estimat
Employee Benefit Plans - Estimated Future Benefit Payments (Details) (USD $) | Dec. 31, 2013 |
In Millions, unless otherwise specified | |
Pension Plan, Defined Benefit [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
2014 | $339 |
2015 | 314 |
2016 | 315 |
2017 | 311 |
2018 | 310 |
2019 - 2023 | 1,531 |
U.S. Pension Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
2014 | 233 |
2015 | 212 |
2016 | 209 |
2017 | 207 |
2018 | 206 |
2019 - 2023 | 997 |
International Pension Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
2014 | 106 |
2015 | 102 |
2016 | 106 |
2017 | 104 |
2018 | 104 |
2019 - 2023 | 534 |
Postretirement Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
2014 | 4 |
2015 | 4 |
2016 | 3 |
2017 | 3 |
2018 | 2 |
2019 - 2023 | 7 |
Postemployment Benefits [Member] | ' |
Defined Benefit Plan Disclosure [Line Items] | ' |
2014 | 30 |
2015 | 27 |
2016 | 25 |
2017 | 24 |
2018 | 22 |
2019 - 2023 | $91 |
Employee_Benefit_Plans_Savings
Employee Benefit Plans - Savings Plan (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Defined Contribution, U.S. Plan [Member] | ' | ' | ' |
Defined Contribution Plans Disclosures [Line Items] | ' | ' | ' |
Expense under defined contribution plan | $12 | $10 | $8 |
Defined Contribution, All Other Plans [Member] | ' | ' | ' |
Defined Contribution Plans Disclosures [Line Items] | ' | ' | ' |
Expense under defined contribution plan | $22 | $17 | $16 |
Employee_Benefit_Plans_Cash_Co
Employee Benefit Plans Cash Contributions (Details) (USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2013 |
Postemployment Benefits [Member] | ' |
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' |
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | $30 |
Foreign Pension Plan, Defined Benefit [Member] | ' |
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' |
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | 70 |
Executive Pension Plans [Member] | ' |
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' |
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | 18 |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' |
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' |
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | $4 |
Commitments_and_Contingencies_1
Commitments and Contingencies (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Fox River Site [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Portion Of Costs Below Threshold, Percentage | 45.00% | ' |
Threshold For Environmental Cleanup Costs | $75 | ' |
Allocation Litigation Final Judgment | 76 | ' |
Claimed Damages for OU1 | 95 | ' |
Portion Of Costs Exceeding Threshold, Percentage | 40.00% | ' |
Estimated Total Clean Up Costs | 825 | ' |
Estimate of Indemnity Asset Due From Related Party | 51 | 84 |
Total Amount Received from Settlements with Insurance Carriers | 173 | ' |
Amount Received from Settlements with Insurance Carriers | 9 | ' |
Portion of Insurance Settlements Subject to Competing Claims | 9 | ' |
Total Natrual Resource Damages, Fox River Site [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Estimated Federal Government Maximum NRD Costs | 382 | ' |
Fox River LLC [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Fox River LLC Funding Remainder Other Current Asset | 0 | 3 |
Net Loss Contingency Accrual | 112 | 115 |
Kalamazoo River Site [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Alleged Portion Of GP Clean Up Costs | 79 | ' |
Minimum [Member] | Total Natrual Resource Damages, Fox River Site [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Estimated Minimum NRD Costs | 0 | ' |
Maximum [Member] | Total Natrual Resource Damages, Fox River Site [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Estimated Minimum NRD Costs | 246 | ' |
API [Member] | ' | ' |
Loss Contingencies [Line Items] | ' | ' |
Accounts Receivable, Related Parties | $80 | ' |
Commitments_and_Contingencies_2
Commitments and Contingencies - Warranty Reserve (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Movement in Standard Product Warranty Accrual [Roll Forward] | ' | ' | ' |
Warranty reserve liability, beginning balance | $26 | $23 | $24 |
Warranty reserve liability, accruals for warranties issued | 39 | 46 | 42 |
Warranty reserve liability, settlements (in cash or in kind) | -43 | -43 | -43 |
Warranty reserve liability, ending balance | $22 | $26 | $23 |
Commitments_and_Contingencies_3
Commitments and Contingencies - Leases (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Commitments and Contingencies Disclosure [Abstract] | ' | ' | ' |
2014 | $94 | ' | ' |
2015 | 67 | ' | ' |
2016 | 44 | ' | ' |
2017 | 21 | ' | ' |
2018 | 9 | ' | ' |
Rent expense for operating leases | $118 | $102 | $100 |
Derivatives_and_Hedging_Instru2
Derivatives and Hedging Instruments - Derivative Fair Values (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | ||
currency | ||||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Currency Exposure, Number of Functional Currencies | 50 | ' | ||
Maximum Period For Cash Flow Hedging Activity | '15 months | ' | ||
Interest Rate Swap Beginning Notional | $518 | ' | ||
Interest Rate Swap Ending Notional | 341 | ' | ||
Derivative Assets, Fair Value | 2 | 1 | ||
Derivative Liabilities, Fair Value | 11 | 20 | ||
Designated as Hedging Instrument [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Assets, Fair Value | 1 | 0 | ||
Derivative Liabilities, Fair Value | 10 | 17 | ||
Not Designated as Hedging Instrument [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Assets, Fair Value | 1 | 1 | ||
Derivative Liabilities, Fair Value | 1 | 3 | ||
Foreign Exchange Forward Contracts [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
AOCI balance related to gain (loss) of derivative instruments, net of tax | 0 | ' | ||
Foreign Exchange Forward Contracts [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Asset, Notional Amount | 103 | 28 | ||
Derivative Assets, Fair Value | 1 | 0 | ||
Foreign Exchange Forward Contracts [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Liability, Notional Amount | 0 | 72 | ||
Derivative Liabilities, Fair Value | 0 | 1 | ||
Foreign Exchange Forward Contracts [Member] | Not Designated as Hedging Instrument [Member] | Other Current Assets [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Asset, Notional Amount | 162 | 169 | ||
Derivative Assets, Fair Value | 1 | 1 | ||
Foreign Exchange Forward Contracts [Member] | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Liability, Notional Amount | 158 | 245 | ||
Derivative Liabilities, Fair Value | 1 | 3 | ||
Interest Rate Swap [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
AOCI balance related to gain (loss) of derivative instruments, net of tax | -5 | ' | ||
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Asset, Notional Amount | 0 | 0 | ||
Derivative Assets, Fair Value | 0 | 0 | ||
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Liabilities [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Liability, Notional Amount | 518 | [1] | 560 | [1] |
Derivative Liabilities, Fair Value | 10 | [1] | 16 | [1] |
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Liabilities, Fair Value | 3 | [1] | 5 | [1] |
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member] | ' | ' | ||
Derivatives, Fair Value [Line Items] | ' | ' | ||
Derivative Liabilities, Fair Value | $7 | [1] | $11 | [1] |
[1] | As of December 31, 2013, approximately $3 million was recorded in other current liabilities and $7 million was recorded in other liabilities related to the interest rate swap. As of December 31, 2012, approximately $5 million was recorded in other current liabilities and $11 million was recorded in other liabilities related to the interest rate swap. |
Derivatives_and_Hedging_Instru3
Derivatives and Hedging Instruments - Gain (Loss) on Derivatives (Details) (Cash Flow Hedging [Member], USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Interest Rate Swap Agreement [Member] | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative (Effective Portion) | $0 | ($12) | ($9) |
Interest Rate Swap Agreement [Member] | Interest Expense [Member] | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Reclassified from AOCI into the Consolidated Statement of Operations (Effective Portion) | -7 | -5 | -1 |
Amount of Gain (Loss) Recognized in the Consolidated Statement of Operations (Ineffective Portion and Amount Excluded from Effectiveness Testing) | 0 | 0 | 0 |
Foreign Exchange Forward [Member] | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative (Effective Portion) | 2 | -2 | -3 |
Foreign Exchange Forward [Member] | Cost of Products [Member] | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Reclassified from AOCI into the Consolidated Statement of Operations (Effective Portion) | 1 | 4 | -3 |
Foreign Exchange Forward [Member] | Other Income Expense [Member] | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Recognized in the Consolidated Statement of Operations (Ineffective Portion and Amount Excluded from Effectiveness Testing) | $0 | $0 | $1 |
Derivative_and_Hedging_Instrum
Derivative and Hedging Instruments - Gain (Loss) on Derivatives Not Designated as Hedging Instruments (Details) (Other (Expense) Income [Member], Foreign Exchange Forward Contracts [Member], USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Other (Expense) Income [Member] | Foreign Exchange Forward Contracts [Member] | ' | ' | ' |
Derivative [Line Items] | ' | ' | ' |
Amount of Gain (Loss) Recognized in the Consolidated Statement of Operations | ($19) | ($8) | $6 |
Fair_Value_of_Assets_and_Liabi2
Fair Value of Assets and Liabilities (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2013 | ||
Assets | ' | ' | ||
Investment | $0 | $0 | ||
Liabilities | ' | ' | ||
Investsment other-than-temporary impairment charge | 7 | ' | ||
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value [Member] | ' | ' | ||
Assets | ' | ' | ||
Deposits held in money market funds | 527 | [1] | 9 | [1] |
Available for sale securities | 11 | [2] | 8 | [2] |
Foreign exchange contracts | 1 | [3] | 2 | [3] |
Total assets | 539 | 19 | ||
Liabilities | ' | ' | ||
Interest rate swap | 16 | [4] | 10 | [4] |
Foreign exchange contracts | 4 | [4] | 1 | [4] |
Total liabilities | 20 | 11 | ||
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' | ||
Assets | ' | ' | ||
Deposits held in money market funds | 527 | [1] | 9 | [1] |
Available for sale securities | 11 | [2] | 8 | [2] |
Foreign exchange contracts | 0 | [3] | 0 | [3] |
Total assets | 538 | 17 | ||
Liabilities | ' | ' | ||
Interest rate swap | 0 | [4] | 0 | [4] |
Foreign exchange contracts | 0 | [4] | 0 | [4] |
Total liabilities | 0 | 0 | ||
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' | ||
Assets | ' | ' | ||
Deposits held in money market funds | 0 | [1] | 0 | [1] |
Available for sale securities | 0 | [2] | 0 | [2] |
Foreign exchange contracts | 1 | [3] | 2 | [3] |
Total assets | 1 | 2 | ||
Liabilities | ' | ' | ||
Interest rate swap | 16 | [4] | 10 | [4] |
Foreign exchange contracts | 4 | [4] | 1 | [4] |
Total liabilities | 20 | 11 | ||
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ||
Assets | ' | ' | ||
Deposits held in money market funds | 0 | [1] | 0 | [1] |
Available for sale securities | 0 | [2] | 0 | [2] |
Foreign exchange contracts | 0 | [3] | 0 | [3] |
Total assets | 0 | 0 | ||
Liabilities | ' | ' | ||
Interest rate swap | 0 | [4] | 0 | [4] |
Foreign exchange contracts | 0 | [4] | 0 | [4] |
Total liabilities | $0 | $0 | ||
[1] | Included in Cash and cash equivalents in the Consolidated Balance Sheets. | |||
[2] | Included in Other assets in the Consolidated Balance Sheets. | |||
[3] | Included in Other current assets in the Consolidated Balance Sheets. | |||
[4] | Included in Other current liabilities and Other liabilities in the Consolidated Balance Sheets. |
Segment_Information_and_Concen2
Segment Information and Concentrations - Revenue and Operating Income By Segments (Details) (USD $) | 3 Months Ended | 12 Months Ended | ||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Total revenue | $1,670 | $1,508 | $1,535 | $1,410 | $1,642 | $1,435 | $1,409 | $1,244 | $6,123 | $5,730 | $5,291 | |||
Segment Operating Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | 717 | 589 | 483 | |||
Pension Expense | ' | ' | ' | ' | ' | ' | ' | ' | -78 | -224 | 582 | |||
Other adjustments | ' | ' | ' | ' | ' | ' | ' | ' | 129 | [1] | 65 | [1] | 49 | [1] |
Income (loss) from operations | 297 | 145 | 139 | 85 | 411 | 129 | 130 | 78 | 666 | 748 | -148 | |||
Acquisition related transaction costs included in other adjustments | ' | ' | ' | ' | ' | ' | ' | ' | 46 | 23 | 37 | |||
Acquisition related amortization costs included in other adjustments | ' | ' | ' | ' | ' | ' | ' | ' | 65 | 38 | 12 | |||
Acquisition Related Purchase Price Adjustments | ' | ' | ' | ' | ' | ' | ' | ' | 15 | ' | ' | |||
OFAC and FCPA Investigations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Legal costs included in other adjustments | ' | ' | ' | ' | ' | ' | ' | ' | 3 | 4 | ' | |||
Financial Services [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 3,115 | 3,201 | 2,999 | |||
Segment Operating Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | 356 | 327 | 313 | |||
Retail Solutions [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 2,034 | 1,667 | 1,778 | |||
Segment Operating Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | 205 | 102 | 71 | |||
Hospitality [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 626 | [2] | 522 | [2] | 141 | [2] |
Segment Operating Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | 100 | [2] | 85 | [2] | 22 | [2] |
Emerging Industries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 348 | 340 | 373 | |||
Segment Operating Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | 56 | 75 | 77 | |||
Retalix [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |||
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual | ' | ' | ' | ' | ' | ' | ' | ' | 298 | ' | ' | |||
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual | ' | ' | ' | ' | ' | ' | ' | ' | 53 | ' | ' | |||
Acquisition related transaction costs included in other adjustments | ' | ' | ' | ' | ' | ' | ' | ' | $9 | ' | ' | |||
[1] | Other adjustments for the twelve months ended December 31, 2013 include $46 million of acquisition-related costs, $65 million of acquisition-related amortization of intangible assets, $15 million of acquisition-related purchase price adjustments, and $3 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2012, other adjustments include $23 million of acquisition-related costs, $38 million of acquisition-related amortization of intangible assets and $4 million of legal costs incurred related to the OFAC and FCPA investigations. For the twelve months ended December 31, 2011, other adjustments include $37 million of acquisition-related costs and $12 million of acquisition-related amortization of intangible assets. | |||||||||||||
[2] | The acquisition of Radiant was completed on August 24, 2011. Because the transaction was completed during 2011, the revenue and operating income results reflected for the Hospitality segment are partial, and reflect only the period from August 25, 2011 through December 31, 2011. |
Segment_Information_and_Concen3
Segment Information and Concentrations - Revenue from External Customers by Products and Services (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Segment Information and Concentrations [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | $2,912 | $2,854 | $2,592 |
Professional and installation services revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,259 | 927 | 764 |
Total solution revenue | ' | ' | ' | ' | ' | ' | ' | ' | 4,171 | 3,781 | 3,356 |
Support services revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,952 | 1,949 | 1,935 |
Total revenue | $1,670 | $1,508 | $1,535 | $1,410 | $1,642 | $1,435 | $1,409 | $1,244 | $6,123 | $5,730 | $5,291 |
Segment_Information_and_Concen4
Segment Information and Concentrations Segment Information and Concentrations - Geographic Areas (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $1,670 | $1,508 | $1,535 | $1,410 | $1,642 | $1,435 | $1,409 | $1,244 | $6,123 | $5,730 | $5,291 |
Percentage of Revenues by Geographic Area | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | 100.00% | 100.00% |
Property, plant and equipment, net | 352 | ' | ' | ' | 308 | ' | ' | ' | 352 | 308 | ' |
United States [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 2,383 | 2,198 | 1,914 |
Percentage of Revenues by Geographic Area | ' | ' | ' | ' | ' | ' | ' | ' | 39.00% | 38.00% | 36.00% |
Property, plant and equipment, net | 153 | ' | ' | ' | 147 | ' | ' | ' | 153 | 147 | ' |
Americas (Excluding United States) [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 647 | 625 | 534 |
Percentage of Revenues by Geographic Area | ' | ' | ' | ' | ' | ' | ' | ' | 11.00% | 11.00% | 10.00% |
Property, plant and equipment, net | 22 | ' | ' | ' | 23 | ' | ' | ' | 22 | 23 | ' |
Europe [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 1,492 | 1,459 | 1,421 |
Percentage of Revenues by Geographic Area | ' | ' | ' | ' | ' | ' | ' | ' | 24.00% | 26.00% | 27.00% |
Property, plant and equipment, net | 56 | ' | ' | ' | 42 | ' | ' | ' | 56 | 42 | ' |
JAPAN | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, net | 41 | ' | ' | ' | 51 | ' | ' | ' | 41 | 51 | ' |
AMEA [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 1,601 | 1,448 | 1,422 |
Percentage of Revenues by Geographic Area | ' | ' | ' | ' | ' | ' | ' | ' | 26.00% | 25.00% | 27.00% |
Property, plant and equipment, net | $80 | ' | ' | ' | $45 | ' | ' | ' | $80 | $45 | ' |
Discontinued_Operations_Detail
Discontinued Operations (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | ($15) | ($3) | ($151) |
Income (loss) from discontinued operations, net of tax | -9 | 6 | -93 |
Environmental matters [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | -15 | 3 | 3 |
Income (loss) from discontinued operations, net of tax | -9 | 2 | 2 |
Divestiture of the Entertainment Business [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | 0 | -6 | -147 |
Income (loss) from discontinued operations, net of tax | 0 | -4 | -96 |
Gain from divestiture of the business, pre-tax | ' | 33 | ' |
Gain from divestiture of the business, net of tax | ' | 21 | ' |
Spin-off of Teradata [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | 0 | 0 | 0 |
Income (loss) from discontinued operations, net of tax | 0 | 8 | 6 |
Closure of the EFT Canadian Business [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | 0 | 0 | -2 |
Income (loss) from discontinued operations, net of tax | 0 | 0 | -1 |
Divestiture of the Healthcare Business [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Income (loss) from discontinued operations, pre-tax | 0 | 0 | -5 |
Income (loss) from discontinued operations, net of tax | $0 | $0 | ($4) |
Accumulated_Other_Comprehensiv2
Accumulated Other Comprehensive Income (Loss) (Details) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Accumulated other comprehensive loss | ($38) | ($37) |
Other comprehensive (loss) income before reclassifications | 7 | ' |
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | -8 | ' |
Net current period other comprehensive (loss) income | -1 | ' |
Accumulated Translation Adjustment [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Accumulated other comprehensive loss | -52 | -6 |
Other comprehensive (loss) income before reclassifications | -46 | ' |
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | 0 | ' |
Net current period other comprehensive (loss) income | -46 | ' |
Accumulated Defined Benefit Plans Adjustment [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Accumulated other comprehensive loss | 16 | -22 |
Other comprehensive (loss) income before reclassifications | 50 | ' |
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | -12 | ' |
Net current period other comprehensive (loss) income | 38 | ' |
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Accumulated other comprehensive loss | -5 | -10 |
Other comprehensive (loss) income before reclassifications | 1 | ' |
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | 4 | ' |
Net current period other comprehensive (loss) income | 5 | ' |
Accumulated Net Unrealized Investment Gain (Loss) [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Accumulated other comprehensive loss | 3 | 1 |
Other comprehensive (loss) income before reclassifications | 2 | ' |
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | 0 | ' |
Net current period other comprehensive (loss) income | $2 | ' |
Accumulated_Other_Comprehensiv3
Accumulated Other Comprehensive Income (Loss) Reclassification (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' |
Cost of products | $2,152 | $2,144 | $2,022 |
Cost of services | 2,231 | 1,941 | 2,318 |
Selling, general and administrative expenses | 871 | 742 | 890 |
Research and development expenses | 203 | 155 | 209 |
Interest expense | -103 | -42 | -13 |
Income (loss) from continuing operations | 456 | 475 | -98 |
Income tax expense (benefit) | 98 | 223 | -66 |
Net income (loss) attributable to NCR common stockholders | 443 | 481 | -190 |
Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' |
Cost of products | -3 | ' | ' |
Cost of services | -10 | ' | ' |
Selling, general and administrative expenses | -7 | ' | ' |
Research and development expenses | -3 | ' | ' |
Interest expense | -7 | ' | ' |
Income (loss) from continuing operations | -16 | ' | ' |
Income tax expense (benefit) | 8 | ' | ' |
Net income (loss) attributable to NCR common stockholders | -8 | ' | ' |
Accumulated Defined Benefit Plans Adjustment, Net Unamortized Gain (Loss) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' |
Cost of products | 0 | ' | ' |
Cost of services | 5 | ' | ' |
Selling, general and administrative expenses | 2 | ' | ' |
Research and development expenses | 1 | ' | ' |
Interest expense | 0 | ' | ' |
Income (loss) from continuing operations | 8 | ' | ' |
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Cost (Credit) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' |
Cost of products | -2 | ' | ' |
Cost of services | -15 | ' | ' |
Selling, general and administrative expenses | -9 | ' | ' |
Research and development expenses | -4 | ' | ' |
Interest expense | 0 | ' | ' |
Income (loss) from continuing operations | -30 | ' | ' |
Cash Flow Hedging [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' |
Cost of products | -1 | ' | ' |
Cost of services | 0 | ' | ' |
Selling, general and administrative expenses | 0 | ' | ' |
Research and development expenses | 0 | ' | ' |
Interest expense | -7 | ' | ' |
Income (loss) from continuing operations | $6 | ' | ' |
Guarantor_Financial_Statements2
Guarantor Financial Statements Statement of Operations and Comprehensive Income (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | $2,912,000,000 | $2,854,000,000 | $2,592,000,000 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 3,211,000,000 | 2,876,000,000 | 2,699,000,000 |
Total revenue | 1,670,000,000 | 1,508,000,000 | 1,535,000,000 | 1,410,000,000 | 1,642,000,000 | 1,435,000,000 | 1,409,000,000 | 1,244,000,000 | 6,123,000,000 | 5,730,000,000 | 5,291,000,000 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 2,152,000,000 | 2,144,000,000 | 2,022,000,000 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 2,231,000,000 | 1,941,000,000 | 2,318,000,000 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 871,000,000 | 742,000,000 | 890,000,000 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 203,000,000 | 155,000,000 | 209,000,000 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,457,000,000 | 4,982,000,000 | 5,439,000,000 |
Income (loss) from operations | 297,000,000 | 145,000,000 | 139,000,000 | 85,000,000 | 411,000,000 | 129,000,000 | 130,000,000 | 78,000,000 | 666,000,000 | 748,000,000 | -148,000,000 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -103,000,000 | -42,000,000 | -13,000,000 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | -9,000,000 | -8,000,000 | -3,000,000 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 554,000,000 | 698,000,000 | -164,000,000 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 98,000,000 | 223,000,000 | -66,000,000 |
Income from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 456,000,000 | 475,000,000 | -98,000,000 |
Equity in earnings of consolidated subsidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 456,000,000 | 475,000,000 | -98,000,000 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | -9,000,000 | 6,000,000 | -93,000,000 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 447,000,000 | 481,000,000 | -191,000,000 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 0 | -1,000,000 |
Net income (loss) attributable to NCR | 198,000,000 | 98,000,000 | 86,000,000 | 61,000,000 | 242,000,000 | 87,000,000 | 102,000,000 | 50,000,000 | 443,000,000 | 481,000,000 | -190,000,000 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 439,000,000 | 459,000,000 | -170,000,000 |
Less comprehensive income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | -3,000,000 | -4,000,000 | 1,000,000 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 442,000,000 | 463,000,000 | -171,000,000 |
Parent Company [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,107,000,000 | 1,155,000,000 | 1,043,000,000 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,232,000,000 | 1,180,000,000 | 1,027,000,000 |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 2,339,000,000 | 2,335,000,000 | 2,070,000,000 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 844,000,000 | 865,000,000 | 820,000,000 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 880,000,000 | 682,000,000 | 1,044,000,000 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 467,000,000 | 399,000,000 | 530,000,000 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 94,000,000 | 66,000,000 | 130,000,000 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 2,285,000,000 | 2,012,000,000 | 2,524,000,000 |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | 54,000,000 | 323,000,000 | -454,000,000 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -104,000,000 | -46,000,000 | -18,000,000 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | -12,000,000 | -102,000,000 | -15,000,000 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -62,000,000 | 175,000,000 | -487,000,000 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | -23,000,000 | 93,000,000 | -158,000,000 |
Income from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -39,000,000 | 82,000,000 | -329,000,000 |
Equity in earnings of consolidated subsidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 491,000,000 | 396,000,000 | 234,000,000 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 452,000,000 | 478,000,000 | -95,000,000 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | -9,000,000 | 3,000,000 | -95,000,000 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 443,000,000 | 481,000,000 | -190,000,000 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | 443,000,000 | 481,000,000 | -190,000,000 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 442,000,000 | 463,000,000 | -171,000,000 |
Less comprehensive income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 442,000,000 | 463,000,000 | -171,000,000 |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 85,000,000 | 112,000,000 | 103,000,000 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 24,000,000 | 25,000,000 | 23,000,000 |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 109,000,000 | 137,000,000 | 126,000,000 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 17,000,000 | 31,000,000 | 22,000,000 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 9,000,000 | 11,000,000 | 11,000,000 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,000,000 | 5,000,000 | 6,000,000 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 31,000,000 | 47,000,000 | 39,000,000 |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | 78,000,000 | 90,000,000 | 87,000,000 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | -1,000,000 | -1,000,000 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | -8,000,000 | -3,000,000 | -9,000,000 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 72,000,000 | 86,000,000 | 77,000,000 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 25,000,000 | 61,000,000 | 46,000,000 |
Income from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 47,000,000 | 25,000,000 | 31,000,000 |
Equity in earnings of consolidated subsidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 409,000,000 | 177,000,000 | 184,000,000 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 456,000,000 | 202,000,000 | 215,000,000 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 456,000,000 | 202,000,000 | 215,000,000 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | 456,000,000 | 202,000,000 | 215,000,000 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 331,000,000 | 297,000,000 | 183,000,000 |
Less comprehensive income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 331,000,000 | 297,000,000 | 183,000,000 |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,977,000,000 | 1,869,000,000 | 1,705,000,000 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,955,000,000 | 1,671,000,000 | 1,649,000,000 |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 3,932,000,000 | 3,540,000,000 | 3,354,000,000 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | 1,548,000,000 | 1,530,000,000 | 1,439,000,000 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 1,342,000,000 | 1,248,000,000 | 1,263,000,000 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 399,000,000 | 338,000,000 | 354,000,000 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 109,000,000 | 89,000,000 | 79,000,000 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 3,398,000,000 | 3,205,000,000 | 3,135,000,000 |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | 534,000,000 | 335,000,000 | 219,000,000 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -6,000,000 | -4,000,000 | -6,000,000 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | 16,000,000 | 106,000,000 | 33,000,000 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 544,000,000 | 437,000,000 | 246,000,000 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 96,000,000 | 69,000,000 | 46,000,000 |
Income from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 448,000,000 | 368,000,000 | 200,000,000 |
Equity in earnings of consolidated subsidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 448,000,000 | 368,000,000 | 200,000,000 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 3,000,000 | 2,000,000 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 448,000,000 | 371,000,000 | 202,000,000 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 0 | -1,000,000 |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | 444,000,000 | 371,000,000 | 203,000,000 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 437,000,000 | 362,000,000 | 229,000,000 |
Less comprehensive income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | -3,000,000 | -4,000,000 | 1,000,000 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | 440,000,000 | 366,000,000 | 228,000,000 |
Consolidation, Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | -257,000,000 | -282,000,000 | -259,000,000 |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | -257,000,000 | -282,000,000 | -259,000,000 |
Cost of products | ' | ' | ' | ' | ' | ' | ' | ' | -257,000,000 | -282,000,000 | -259,000,000 |
Cost of services | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Research and development expenses | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Total operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | -257,000,000 | -282,000,000 | -259,000,000 |
Income (loss) from operations | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 5,000,000 | 9,000,000 | 12,000,000 |
Other (expense) income, net | ' | ' | ' | ' | ' | ' | ' | ' | -5,000,000 | -9,000,000 | -12,000,000 |
Income (loss) from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Income from continuing operations before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Equity in earnings of consolidated subsidiaries | ' | ' | ' | ' | ' | ' | ' | ' | -900,000,000 | -573,000,000 | -418,000,000 |
Income (loss) from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | -900,000,000 | -573,000,000 | -418,000,000 |
(Loss) income from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -900,000,000 | -573,000,000 | -418,000,000 |
Net income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Net income (loss) attributable to NCR | ' | ' | ' | ' | ' | ' | ' | ' | -900,000,000 | -573,000,000 | -418,000,000 |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -771,000,000 | -663,000,000 | -411,000,000 |
Less comprehensive income (loss) attributable to noncontrolling interests | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Comprehensive income (loss) attributable to NCR common stockholders | ' | ' | ' | ' | ' | ' | ' | ' | ($771,000,000) | ($663,000,000) | ($411,000,000) |
Guarantor_Financial_Statements3
Guarantor Financial Statements Balance Sheet (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Millions, unless otherwise specified | ||||
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' |
Cash and cash equivalents | $528 | $1,069 | $398 | $496 |
Restricted cash | 1,114 | 0 | ' | ' |
Accounts receivable, net | 1,339 | 1,086 | ' | ' |
Inventories | 790 | 797 | ' | ' |
Due from affliates | 0 | 0 | ' | ' |
Other current assets | 568 | 454 | ' | ' |
Total current assets | 4,339 | 3,406 | ' | ' |
Property, plant and equipment, net | 352 | 308 | ' | ' |
Goodwill | 1,534 | 1,003 | 913 | ' |
Intangibles, net | 494 | 304 | ' | ' |
Prepaid pension cost | 478 | 368 | ' | ' |
Deferred income taxes | 441 | 532 | ' | ' |
Investments in subsidiaries | 0 | 0 | ' | ' |
Due from affliates | 0 | 0 | ' | ' |
Other assets | 470 | 448 | ' | ' |
Total assets | 8,108 | 6,369 | ' | ' |
Short-term borrowings | 34 | 72 | ' | ' |
Accounts payable | 670 | 611 | ' | ' |
Payroll and benefits liabilities | 191 | 186 | ' | ' |
Deferred service revenue and customer deposits | 525 | 455 | ' | ' |
Due to affliates | 0 | 0 | ' | ' |
Other current liabilities | 461 | 418 | ' | ' |
Total current liabilities | 1,881 | 1,742 | ' | ' |
Long-term debt | 3,320 | 1,891 | ' | ' |
Pension and indemnity plan liabilities | 532 | 805 | ' | ' |
Postretirement and postemployment benefits liabilities | 169 | 246 | ' | ' |
Income tax accruals | 189 | 138 | ' | ' |
Environmental liabilities | 121 | 171 | ' | ' |
Due to affliates | 0 | 0 | ' | ' |
Other liabilities | 99 | 79 | ' | ' |
Total liabilities | 6,311 | 5,072 | ' | ' |
Redeemable noncontrolling interest | 14 | 15 | ' | ' |
Stockholders’ equity | 1,769 | 1,252 | ' | ' |
Noncontrolling interests in subsidiaries | 14 | 30 | ' | ' |
Total stockholders’ equity | 1,783 | 1,282 | ' | ' |
Total liabilities and stockholders’ equity | 8,108 | 6,369 | ' | ' |
Parent Company [Member] | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' |
Cash and cash equivalents | 75 | 571 | 32 | 65 |
Restricted cash | 1,114 | ' | ' | ' |
Accounts receivable, net | 424 | 311 | ' | ' |
Inventories | 319 | 310 | ' | ' |
Due from affliates | 333 | 191 | ' | ' |
Other current assets | 360 | 261 | ' | ' |
Total current assets | 2,625 | 1,644 | ' | ' |
Property, plant and equipment, net | 146 | 148 | ' | ' |
Goodwill | 872 | 841 | ' | ' |
Intangibles, net | 234 | 262 | ' | ' |
Prepaid pension cost | 0 | 0 | ' | ' |
Deferred income taxes | 321 | 403 | ' | ' |
Investments in subsidiaries | 2,665 | 1,857 | ' | ' |
Due from affliates | 28 | 26 | ' | ' |
Other assets | 334 | 334 | ' | ' |
Total assets | 7,225 | 5,515 | ' | ' |
Short-term borrowings | 28 | 71 | ' | ' |
Accounts payable | 254 | 225 | ' | ' |
Payroll and benefits liabilities | 78 | 93 | ' | ' |
Deferred service revenue and customer deposits | 155 | 121 | ' | ' |
Due to affliates | 1,007 | 775 | ' | ' |
Other current liabilities | 219 | 184 | ' | ' |
Total current liabilities | 1,741 | 1,469 | ' | ' |
Long-term debt | 3,296 | 1,889 | ' | ' |
Pension and indemnity plan liabilities | 234 | 434 | ' | ' |
Postretirement and postemployment benefits liabilities | 25 | 79 | ' | ' |
Income tax accruals | 4 | 3 | ' | ' |
Environmental liabilities | 121 | 171 | ' | ' |
Due to affliates | 17 | 195 | ' | ' |
Other liabilities | 18 | 23 | ' | ' |
Total liabilities | 5,456 | 4,263 | ' | ' |
Redeemable noncontrolling interest | 0 | 0 | ' | ' |
Stockholders’ equity | 1,769 | 1,252 | ' | ' |
Noncontrolling interests in subsidiaries | 0 | 0 | ' | ' |
Total stockholders’ equity | 1,769 | 1,252 | ' | ' |
Total liabilities and stockholders’ equity | 7,225 | 5,515 | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' |
Cash and cash equivalents | 11 | 6 | 11 | 9 |
Restricted cash | 0 | ' | ' | ' |
Accounts receivable, net | 14 | 16 | ' | ' |
Inventories | 11 | 3 | ' | ' |
Due from affliates | 854 | 647 | ' | ' |
Other current assets | 25 | 24 | ' | ' |
Total current assets | 915 | 696 | ' | ' |
Property, plant and equipment, net | 1 | 1 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Intangibles, net | 0 | 0 | ' | ' |
Prepaid pension cost | 0 | 0 | ' | ' |
Deferred income taxes | 68 | 59 | ' | ' |
Investments in subsidiaries | 1,927 | 569 | ' | ' |
Due from affliates | 20 | 20 | ' | ' |
Other assets | 40 | 27 | ' | ' |
Total assets | 2,971 | 1,372 | ' | ' |
Short-term borrowings | 0 | 0 | ' | ' |
Accounts payable | 1 | 1 | ' | ' |
Payroll and benefits liabilities | 1 | 0 | ' | ' |
Deferred service revenue and customer deposits | 12 | 13 | ' | ' |
Due to affliates | 123 | 12 | ' | ' |
Other current liabilities | 7 | 13 | ' | ' |
Total current liabilities | 144 | 39 | ' | ' |
Long-term debt | 0 | 0 | ' | ' |
Pension and indemnity plan liabilities | 0 | 1 | ' | ' |
Postretirement and postemployment benefits liabilities | 0 | 0 | ' | ' |
Income tax accruals | 10 | 8 | ' | ' |
Environmental liabilities | 0 | 0 | ' | ' |
Due to affliates | 44 | 60 | ' | ' |
Other liabilities | 0 | 0 | ' | ' |
Total liabilities | 198 | 108 | ' | ' |
Redeemable noncontrolling interest | 0 | 0 | ' | ' |
Stockholders’ equity | 2,773 | 1,264 | ' | ' |
Noncontrolling interests in subsidiaries | 0 | 0 | ' | ' |
Total stockholders’ equity | 2,773 | 1,264 | ' | ' |
Total liabilities and stockholders’ equity | 2,971 | 1,372 | ' | ' |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' |
Cash and cash equivalents | 442 | 492 | 355 | 422 |
Restricted cash | 0 | ' | ' | ' |
Accounts receivable, net | 901 | 759 | ' | ' |
Inventories | 460 | 484 | ' | ' |
Due from affliates | 298 | 479 | ' | ' |
Other current assets | 209 | 204 | ' | ' |
Total current assets | 2,310 | 2,418 | ' | ' |
Property, plant and equipment, net | 205 | 159 | ' | ' |
Goodwill | 662 | 162 | ' | ' |
Intangibles, net | 260 | 42 | ' | ' |
Prepaid pension cost | 478 | 368 | ' | ' |
Deferred income taxes | 52 | 70 | ' | ' |
Investments in subsidiaries | 0 | 0 | ' | ' |
Due from affliates | 45 | 238 | ' | ' |
Other assets | 96 | 87 | ' | ' |
Total assets | 4,108 | 3,544 | ' | ' |
Short-term borrowings | 6 | 1 | ' | ' |
Accounts payable | 415 | 385 | ' | ' |
Payroll and benefits liabilities | 112 | 93 | ' | ' |
Deferred service revenue and customer deposits | 358 | 321 | ' | ' |
Due to affliates | 355 | 530 | ' | ' |
Other current liabilities | 261 | 256 | ' | ' |
Total current liabilities | 1,507 | 1,586 | ' | ' |
Long-term debt | 24 | 2 | ' | ' |
Pension and indemnity plan liabilities | 298 | 370 | ' | ' |
Postretirement and postemployment benefits liabilities | 144 | 167 | ' | ' |
Income tax accruals | 175 | 127 | ' | ' |
Environmental liabilities | 0 | 0 | ' | ' |
Due to affliates | 32 | 29 | ' | ' |
Other liabilities | 81 | 56 | ' | ' |
Total liabilities | 2,261 | 2,337 | ' | ' |
Redeemable noncontrolling interest | 14 | 15 | ' | ' |
Stockholders’ equity | 1,819 | 1,162 | ' | ' |
Noncontrolling interests in subsidiaries | 14 | 30 | ' | ' |
Total stockholders’ equity | 1,833 | 1,192 | ' | ' |
Total liabilities and stockholders’ equity | 4,108 | 3,544 | ' | ' |
Consolidation, Eliminations [Member] | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 0 | 0 |
Restricted cash | 0 | ' | ' | ' |
Accounts receivable, net | 0 | 0 | ' | ' |
Inventories | 0 | 0 | ' | ' |
Due from affliates | -1,485 | -1,317 | ' | ' |
Other current assets | -26 | -35 | ' | ' |
Total current assets | -1,511 | -1,352 | ' | ' |
Property, plant and equipment, net | 0 | 0 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Intangibles, net | 0 | 0 | ' | ' |
Prepaid pension cost | 0 | 0 | ' | ' |
Deferred income taxes | 0 | 0 | ' | ' |
Investments in subsidiaries | -4,592 | -2,426 | ' | ' |
Due from affliates | -93 | -284 | ' | ' |
Other assets | 0 | 0 | ' | ' |
Total assets | -6,196 | -4,062 | ' | ' |
Short-term borrowings | 0 | 0 | ' | ' |
Accounts payable | 0 | 0 | ' | ' |
Payroll and benefits liabilities | 0 | 0 | ' | ' |
Deferred service revenue and customer deposits | 0 | 0 | ' | ' |
Due to affliates | -1,485 | -1,317 | ' | ' |
Other current liabilities | -26 | -35 | ' | ' |
Total current liabilities | -1,511 | -1,352 | ' | ' |
Long-term debt | 0 | 0 | ' | ' |
Pension and indemnity plan liabilities | 0 | 0 | ' | ' |
Postretirement and postemployment benefits liabilities | 0 | 0 | ' | ' |
Income tax accruals | 0 | 0 | ' | ' |
Environmental liabilities | 0 | 0 | ' | ' |
Due to affliates | -93 | -284 | ' | ' |
Other liabilities | 0 | 0 | ' | ' |
Total liabilities | -1,604 | -1,636 | ' | ' |
Redeemable noncontrolling interest | 0 | 0 | ' | ' |
Stockholders’ equity | -4,592 | -2,426 | ' | ' |
Noncontrolling interests in subsidiaries | 0 | 0 | ' | ' |
Total stockholders’ equity | -4,592 | -2,426 | ' | ' |
Total liabilities and stockholders’ equity | ($6,196) | ($4,062) | ' | ' |
Guarantor_Financial_Statements4
Guarantor Financial Statements Cash Flows (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used in) provided by operating activities | $281 | ($180) | $388 |
Expenditures for property, plant and equipment | -116 | -80 | -61 |
Proceeds from sales of property, plant and equipment | 10 | 8 | 2 |
Additions to capitalized software | -110 | -80 | -62 |
Business acquisitions, net of cash acquired | -780 | -108 | -1,085 |
Dispositions | 0 | ' | ' |
Changes in restricted cash | -1,114 | 0 | 0 |
Proceeds from (payments of) intercompany notes | 0 | 0 | 0 |
Investments in subsidiaries | 0 | 0 | 0 |
Other investing activities, net | 5 | 4 | 0 |
Tax withholding payments on behalf of employees | -30 | -12 | 0 |
Proceeds from employee stock plans | 0 | 0 | -70 |
Net cash used in investing activities | -2,105 | -256 | -1,206 |
Proceeds from employee stock plans | 57 | 53 | 18 |
Equity contribution | 0 | 0 | 0 |
Repayment of short term borrowings | -1 | 0 | 0 |
Borrowings on term credit facilities | 329 | 150 | 700 |
Payments on revolving credit facility | -1,009 | -860 | -260 |
Borrowings on revolving credit facility | 1,009 | 720 | 400 |
Proceeds from bond offerings | 1,100 | 1,100 | 0 |
Debt issuance costs | -36 | -19 | -29 |
Borrowings (repayments) of intercompany notes | 0 | 0 | 0 |
Purchase of noncontrolling interest | -24 | 0 | 0 |
Dividend distribution to minority shareholder | -3 | -1 | -1 |
Dividend distribution to consolidated subsidiaries | 0 | 0 | 0 |
Net cash provided by financing activities | 1,357 | 1,131 | 802 |
Net cash used in operating activities | -52 | -114 | -37 |
Net cash provided by (used in) investing activities | 0 | 99 | -40 |
Net cash used in discontinued operations | -52 | -15 | -77 |
Effect of exchange rate changes on cash and cash equivalents | -22 | -9 | -5 |
Increase (decrease) in cash and cash equivalents | -541 | 671 | -98 |
Cash and cash equivalents | 528 | 1,069 | 398 |
Excess tax benefit from stock-based compensation | 0 | 0 | 1 |
Proceeds from sale of noncontrolling interest | 0 | 0 | 43 |
Repayments of Secured Debt | -35 | 0 | 0 |
Parent Company [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used in) provided by operating activities | -7 | -372 | 390 |
Expenditures for property, plant and equipment | -35 | -44 | -31 |
Proceeds from sales of property, plant and equipment | 2 | 0 | 0 |
Additions to capitalized software | -81 | -63 | -46 |
Business acquisitions, net of cash acquired | -207 | -70 | -1,085 |
Dispositions | 0 | ' | ' |
Changes in restricted cash | -1,114 | ' | ' |
Proceeds from (payments of) intercompany notes | -54 | 0 | 57 |
Investments in subsidiaries | -308 | -21 | -11 |
Other investing activities, net | 5 | 4 | ' |
Tax withholding payments on behalf of employees | -30 | -12 | ' |
Proceeds from employee stock plans | ' | ' | -70 |
Net cash used in investing activities | -1,792 | -194 | -1,116 |
Proceeds from employee stock plans | 57 | 53 | 18 |
Equity contribution | 0 | 0 | 0 |
Repayment of short term borrowings | 0 | ' | ' |
Borrowings on term credit facilities | 300 | 150 | 700 |
Payments on revolving credit facility | -1,009 | -860 | -260 |
Borrowings on revolving credit facility | 1,009 | 720 | 400 |
Proceeds from bond offerings | 1,100 | 1,100 | ' |
Debt issuance costs | -36 | -19 | -29 |
Borrowings (repayments) of intercompany notes | 0 | -11 | 11 |
Purchase of noncontrolling interest | 0 | ' | ' |
Dividend distribution to minority shareholder | 0 | 0 | 0 |
Dividend distribution to consolidated subsidiaries | 0 | 0 | 0 |
Net cash provided by financing activities | 1,356 | 1,121 | 771 |
Net cash used in operating activities | -52 | -114 | -37 |
Net cash provided by (used in) investing activities | 0 | 99 | -40 |
Net cash used in discontinued operations | -52 | -15 | -77 |
Effect of exchange rate changes on cash and cash equivalents | -1 | -1 | -1 |
Increase (decrease) in cash and cash equivalents | -496 | 539 | -33 |
Cash and cash equivalents | 75 | 571 | 32 |
Excess tax benefit from stock-based compensation | ' | ' | 1 |
Proceeds from sale of noncontrolling interest | ' | ' | 0 |
Repayments of Secured Debt | -35 | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used in) provided by operating activities | 15 | -9 | -85 |
Expenditures for property, plant and equipment | -6 | 0 | 0 |
Proceeds from sales of property, plant and equipment | 0 | 0 | 0 |
Additions to capitalized software | 0 | 0 | 0 |
Business acquisitions, net of cash acquired | 0 | 0 | 0 |
Dispositions | 0 | ' | ' |
Changes in restricted cash | 0 | ' | ' |
Proceeds from (payments of) intercompany notes | 0 | 96 | 138 |
Investments in subsidiaries | -33 | -90 | 0 |
Other investing activities, net | 0 | 0 | ' |
Tax withholding payments on behalf of employees | 0 | 0 | ' |
Proceeds from employee stock plans | ' | ' | 0 |
Net cash used in investing activities | -39 | 6 | 138 |
Proceeds from employee stock plans | 0 | 0 | 0 |
Equity contribution | 30 | 0 | 0 |
Repayment of short term borrowings | 0 | ' | ' |
Borrowings on term credit facilities | 0 | 0 | 0 |
Payments on revolving credit facility | 0 | 0 | 0 |
Borrowings on revolving credit facility | 0 | 0 | 0 |
Proceeds from bond offerings | 0 | 0 | ' |
Debt issuance costs | 0 | 0 | 0 |
Borrowings (repayments) of intercompany notes | 0 | 0 | 0 |
Purchase of noncontrolling interest | 0 | ' | ' |
Dividend distribution to minority shareholder | 0 | 0 | 0 |
Dividend distribution to consolidated subsidiaries | 0 | -2 | -51 |
Net cash provided by financing activities | 30 | -2 | -51 |
Net cash used in operating activities | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | 0 | 0 | 0 |
Net cash used in discontinued operations | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | -1 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | 5 | -5 | 2 |
Cash and cash equivalents | 11 | 6 | 11 |
Excess tax benefit from stock-based compensation | ' | ' | 0 |
Proceeds from sale of noncontrolling interest | ' | ' | 0 |
Repayments of Secured Debt | 0 | ' | ' |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used in) provided by operating activities | 312 | 211 | 145 |
Expenditures for property, plant and equipment | -75 | -36 | -30 |
Proceeds from sales of property, plant and equipment | 8 | 8 | 2 |
Additions to capitalized software | -29 | -17 | -16 |
Business acquisitions, net of cash acquired | -756 | -38 | 0 |
Dispositions | 183 | ' | ' |
Changes in restricted cash | 0 | ' | ' |
Proceeds from (payments of) intercompany notes | 0 | 11 | -12 |
Investments in subsidiaries | 0 | 0 | 0 |
Other investing activities, net | 0 | 0 | ' |
Tax withholding payments on behalf of employees | 0 | 0 | ' |
Proceeds from employee stock plans | ' | ' | 0 |
Net cash used in investing activities | -669 | -72 | -56 |
Proceeds from employee stock plans | 0 | 0 | 0 |
Equity contribution | 311 | 111 | 11 |
Repayment of short term borrowings | -1 | ' | ' |
Borrowings on term credit facilities | 29 | 0 | 0 |
Payments on revolving credit facility | 0 | 0 | 0 |
Borrowings on revolving credit facility | 0 | 0 | 0 |
Proceeds from bond offerings | 0 | 0 | ' |
Debt issuance costs | 0 | 0 | 0 |
Borrowings (repayments) of intercompany notes | 54 | -96 | -194 |
Purchase of noncontrolling interest | -24 | ' | ' |
Dividend distribution to minority shareholder | -3 | -1 | -1 |
Dividend distribution to consolidated subsidiaries | -39 | -8 | -11 |
Net cash provided by financing activities | 327 | 6 | -152 |
Net cash used in operating activities | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | 0 | 0 | 0 |
Net cash used in discontinued operations | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | -20 | -8 | -4 |
Increase (decrease) in cash and cash equivalents | -50 | 137 | -67 |
Cash and cash equivalents | 442 | 492 | 355 |
Excess tax benefit from stock-based compensation | ' | ' | 0 |
Proceeds from sale of noncontrolling interest | ' | ' | 43 |
Repayments of Secured Debt | 0 | ' | ' |
Consolidation, Eliminations [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used in) provided by operating activities | -39 | -10 | -62 |
Expenditures for property, plant and equipment | 0 | 0 | 0 |
Proceeds from sales of property, plant and equipment | 0 | 0 | 0 |
Additions to capitalized software | 0 | 0 | 0 |
Business acquisitions, net of cash acquired | 183 | 0 | 0 |
Dispositions | -183 | ' | ' |
Changes in restricted cash | 0 | ' | ' |
Proceeds from (payments of) intercompany notes | 54 | -107 | -183 |
Investments in subsidiaries | 341 | 111 | 11 |
Other investing activities, net | 0 | 0 | ' |
Tax withholding payments on behalf of employees | 0 | 0 | ' |
Proceeds from employee stock plans | ' | ' | 0 |
Net cash used in investing activities | 395 | 4 | -172 |
Proceeds from employee stock plans | 0 | 0 | 0 |
Equity contribution | -341 | -111 | -11 |
Repayment of short term borrowings | 0 | ' | ' |
Borrowings on term credit facilities | 0 | 0 | 0 |
Payments on revolving credit facility | 0 | 0 | 0 |
Borrowings on revolving credit facility | 0 | 0 | 0 |
Proceeds from bond offerings | 0 | 0 | ' |
Debt issuance costs | 0 | 0 | 0 |
Borrowings (repayments) of intercompany notes | -54 | 107 | 183 |
Purchase of noncontrolling interest | 0 | ' | ' |
Dividend distribution to minority shareholder | 0 | 0 | 0 |
Dividend distribution to consolidated subsidiaries | 39 | 10 | 62 |
Net cash provided by financing activities | -356 | 6 | 234 |
Net cash used in operating activities | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | 0 | 0 | 0 |
Net cash used in discontinued operations | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | 0 | 0 | 0 |
Cash and cash equivalents | 0 | 0 | 0 |
Excess tax benefit from stock-based compensation | ' | ' | 0 |
Proceeds from sale of noncontrolling interest | ' | ' | 0 |
Repayments of Secured Debt | $0 | ' | ' |
Quarterly_Information_unaudite2
Quarterly Information (unaudited) Narrative (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from operations | $297 | $145 | $139 | $85 | $411 | $129 | $130 | $78 | $666 | $748 | ($148) |
Income (loss) from discontinued operations, net of tax | -8 | 0 | 0 | -1 | 3 | -1 | 13 | -9 | -9 | 6 | -93 |
Net income (loss) attributable to NCR | 198 | 98 | 86 | 61 | 242 | 87 | 102 | 50 | 443 | 481 | -190 |
Net income (loss) per common share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | $1.19 | $0.59 | $0.52 | $0.37 | $1.51 | $0.55 | $0.64 | $0.32 | $2.68 | $3.02 | ($1.20) |
Diluted (in dollars per share) | $1.16 | $0.58 | $0.51 | $0.36 | $1.47 | $0.53 | $0.62 | $0.31 | $2.62 | $2.94 | ($1.20) |
Defined benefit plans, actuarial gains (losses) [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from operations | 104 | ' | ' | ' | 262 | ' | ' | ' | ' | ' | ' |
Net income (loss) attributable to NCR | 73 | ' | ' | ' | 155 | ' | ' | ' | ' | ' | ' |
Net income (loss) per common share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | $0.44 | ' | ' | ' | $0.97 | ' | ' | ' | ' | ' | ' |
Diluted (in dollars per share) | $0.43 | ' | ' | ' | $0.94 | ' | ' | ' | ' | ' | ' |
Previous Accounting Guidance [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from operations | ' | ' | ' | ' | 124 | ' | ' | ' | 363 | ' | ' |
Net income (loss) attributable to NCR | ' | ' | ' | ' | 82 | ' | ' | ' | 232 | ' | ' |
Net income (loss) per common share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | ' | ' | ' | ' | $0.49 | ' | ' | ' | $1.40 | ' | ' |
Diluted (in dollars per share) | ' | ' | ' | ' | $0.48 | ' | ' | ' | $1.37 | ' | ' |
Scenario, Previously Reported [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from operations | -7 | ' | ' | ' | ' | ' | ' | ' | ' | 232 | 212 |
Net income (loss) attributable to NCR | ($20) | ' | ' | ' | ' | ' | ' | ' | ' | $146 | $53 |
Net income (loss) per common share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | ($0.12) | ' | ' | ' | ' | ' | ' | ' | ' | $0.92 | $0.34 |
Diluted (in dollars per share) | ($0.12) | ' | ' | ' | ' | ' | ' | ' | ' | $0.89 | $0.33 |
Quarterly_Information_unaudite3
Quarterly Information (unaudited) Statement of Operations (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Quarterly Financial Information Disclosure [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income per common share from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $1,670 | $1,508 | $1,535 | $1,410 | $1,642 | $1,435 | $1,409 | $1,244 | $6,123 | $5,730 | $5,291 |
Gross Profit | 530 | 415 | 426 | 369 | 574 | 382 | 374 | 315 | ' | ' | ' |
Income (loss) from operations | 297 | 145 | 139 | 85 | 411 | 129 | 130 | 78 | 666 | 748 | -148 |
Income (loss) from continuing operations | 206 | 98 | 86 | 62 | 239 | 88 | 89 | 59 | 452 | 475 | -97 |
Income (loss) from discontinued operations, net of tax | -8 | 0 | 0 | -1 | 3 | -1 | 13 | -9 | -9 | 6 | -93 |
Net income (loss) attributable to NCR | $198 | $98 | $86 | $61 | $242 | $87 | $102 | $50 | $443 | $481 | ($190) |
From continuing operations (in dollars per share) | $1.24 | $0.59 | $0.52 | $0.38 | $1.49 | $0.55 | $0.56 | $0.37 | $2.73 | $2.98 | ($0.61) |
From continuing operations (in dollars per share) | $1.21 | $0.58 | $0.51 | $0.37 | $1.45 | $0.53 | $0.54 | $0.36 | $2.67 | $2.90 | ($0.61) |
Net income per common share: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic (in dollars per share) | $1.19 | $0.59 | $0.52 | $0.37 | $1.51 | $0.55 | $0.64 | $0.32 | $2.68 | $3.02 | ($1.20) |
Diluted (in dollars per share) | $1.16 | $0.58 | $0.51 | $0.36 | $1.47 | $0.53 | $0.62 | $0.31 | $2.62 | $2.94 | ($1.20) |
Subsequent_Events_Details
Subsequent Events (Details) (USD $) | 12 Months Ended | 12 Months Ended | 0 Months Ended | 15 Months Ended | ||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jan. 10, 2014 | Dec. 31, 2013 | Jan. 10, 2014 | Mar. 31, 2014 | Jan. 10, 2014 | Jan. 10, 2014 | Dec. 31, 2013 | Dec. 19, 2013 | Dec. 31, 2012 |
Digital Insight [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Credit Facility [Domain] | Revolving Credit Facility [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | 5.875% Notes due 2021 [Member] | |||||
General and Administrative Expenses [Member] | Digital Insight [Member] | Digital Insight [Member] | Subsequent Event [Member] | Subsequent Event [Member] | ||||||||
Digital Insight [Member] | ||||||||||||
Subsequent Event [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term debt | $3,320 | $1,891 | ' | ' | ' | ' | ' | $250 | $300 | $400 | ' | $0 |
Debt instrument stated percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.88% | ' |
Debt, Long-term and Short-term, Combined Amount | ' | ' | ' | 3,920 | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase Consideration | ' | ' | ' | ' | ' | 1,650 | ' | ' | ' | ' | ' | ' |
Transaction expenses related to acquisition | $46 | $23 | $37 | ' | $7 | ' | $15 | ' | ' | ' | ' | ' |
Schedule_II_Valuation_and_Qual1
Schedule II - Valuation and Qualifying Accounts (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Allowance for Doubtful Accounts [Member] | ' | ' | ' |
Movement in Valuation Allowances and Reserves [Roll Forward] | ' | ' | ' |
Balance at Beginning of Period | $16 | $16 | $13 |
Charged to Costs & Expenses | 2 | 0 | 3 |
Charged to Other Accounts | 0 | 0 | 0 |
Deductions | 0 | 0 | 0 |
Balance at End of Period | 18 | 16 | 16 |
Deferred Tax Asset Valuation Allowance [Member] | ' | ' | ' |
Movement in Valuation Allowances and Reserves [Roll Forward] | ' | ' | ' |
Balance at Beginning of Period | 399 | 425 | 410 |
Charged to Costs & Expenses | 0 | 17 | 15 |
Charged to Other Accounts | 0 | 0 | 0 |
Deductions | 35 | 43 | 0 |
Balance at End of Period | 364 | 399 | 425 |
Reserves Related to Business Restructuring [Member] | ' | ' | ' |
Movement in Valuation Allowances and Reserves [Roll Forward] | ' | ' | ' |
Balance at Beginning of Period | ' | 2 | 3 |
Charged to Costs & Expenses | ' | 0 | 0 |
Charged to Other Accounts | ' | 0 | 0 |
Deductions | ' | 2 | 1 |
Balance at End of Period | ' | $0 | $2 |