v3.26.1
DISCONTINUED OPERATIONS
6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
2. DISCONTINUED OPERATIONS

Spin-Off of NCR Atleos

On October 16, 2023, the Company completed the Spin-Off of NCR Atleos into an independent publicly traded company. Refer to Note 1, “Basis of Presentation and Summary of Significant Accounting Policies” for additional information regarding the Spin-Off. The historical results of NCR Atleos have been presented as discontinued operations. The Company’s presentation of discontinued operations excludes general corporate overhead costs that did not meet the requirements to be presented as discontinued operations. As of March 31, 2025, all historical results of NCR Atleos have been presented as discontinued operations. Income (loss) from discontinued operations, net of tax, related to the Spin-Off of NCR Atleos was no income or loss
from discontinued operations for the three and six months ended June 30, 2025. No net cash was provided by or used in operating activities for discontinued operations related to the Spin-Off of NCR Atleos for the six months ended June 30, 2025.

Japan Bank Technology Solutions Sale

On March 16, 2026, the Company signed a definitive agreement to sell its bank technology solutions business in Japan. The sale of the Japan bank technology solutions business is a continuation of the Company’s strategic shift to exit the banking industry and focus on its core retail and restaurant segments. The purchase price for the transaction is expected to be $32 million in cash, subject to a post-closing adjustment, and the transaction is expected to close by the end of 2026.

The accounting requirements for reporting the Japan bank technology solutions business sale as a discontinued operation were met when the definitive agreement was signed. Accordingly, the financial results for the Japan bank technology solutions business for the three and six months ended June 30, 2026 and 2025 are presented as net income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations. The Company’s presentation of discontinued operations excludes general corporate overhead costs that did not meet the requirements to be presented as discontinued operations. Income (loss) from discontinued operations, net of tax, related to the Japan bank technology solutions business was income of $1 million and loss of $1 million for the three and six months ended June 30, 2026, respectively, and income of $1 million and $2 million for the three and six months ended June 30, 2025, respectively. Net liabilities of discontinued operations related to the Japan bank technology solutions business were $2 million and $3 million as of June 30, 2026 and December 31, 2025, respectively. Net cash provided by or used in operating activities of discontinued operations related to the Japan bank technology solutions business was $1 million and $5 million of net cash provided by operating activities for the six months ended June 30, 2026 and 2025, respectively.

Environmental Matters

The costs and insurance recoveries relating to certain environmental obligations associated with discontinued operations, including those relating to the Fox River and Kalamazoo River matters, are presented in Income (loss) from discontinued operations, net of tax, in the Consolidated Statements of Operations. Income (loss) from discontinued operations, net of tax, related to environmental matters was income of $2 million and $1 million for the three and six months ended June 30, 2026, respectively, and loss of $1 million and income of $2 million for the three and six months ended June 30, 2025, respectively. Net cash provided by or used in operating activities of discontinued operations related to environmental obligations was $7 million of net cash used in operating activities for the six months ended June 30, 2026 and $11 million of net cash used in operating activities for the six months ended June 30, 2025. Refer to Note 9, “Commitments and Contingencies” for further information.