DIEBOLD NIXDORF, INC, 10-Q filed on 11/9/2022
Quarterly Report
v3.22.2.2
Cover - shares
 9 Months Ended
Sep. 30, 2022
Nov. 04, 2022
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2022  
Document Transition Report false  
Entity File Number 1-4879  
Entity Registrant Name Diebold Nixdorf, Incorporated  
Entity Incorporation, State or Country Code OH  
Entity Tax Identification Number 34-0183970  
Entity Address, Address Line One 50 Executive Parkway, P.O. Box 2520  
Entity Address, City or Town Hudson  
Entity Address, State or Province OH  
Entity Address, Postal Zip Code 44236  
City Area Code 330  
Local Phone Number 490-4000  
Title of 12(b) Security Common shares, $1.25 par value per share  
Trading Symbol DBD  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   79,078,063
Entity Central Index Key 0000028823  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash, cash equivalents and restricted cash $ 128.4 $ 388.9
Short-term investments 14.6 34.3
Receivables, Net, Current 537.6 595.2
Inventories 666.2 544.2
Prepaid expenses 46.6 48.2
Current assets held for sale 59.0 73.4
Other current assets 224.9 203.1
Total current assets 1,677.3 1,887.3
Securities and other investments 7.2 11.0
Property, Plant and Equipment, Net 112.3 138.1
Goodwill 649.6 743.6
Deferred income taxes 0.0 95.7
Intangible assets, net 254.2 347.5
Other Assets, Noncurrent 249.7 329.8
Total assets 2,907.4 3,507.2
Current liabilities    
Notes payable 2,435.6 47.1
Accounts payable 623.8 706.3
Deferred Revenue, Current 316.1 322.4
Payroll and other benefits liabilities 116.2 186.5
Disposal Group, Including Discontinued Operation, Liabilities 6.5 20.3
Other current liabilities 402.7 466.8
Total current liabilities 3,900.9 1,749.4
Long-term debt 0.0 2,245.6
Pensions, post-retirement and other benefits 89.3 104.2
Deferred income taxes 114.8 105.5
Other liabilities 120.1 139.5
Redeemable noncontrolling interests 0.0 0.0
Diebold Nixdorf, Incorporated shareholders' equity    
Preferred shares, no par value, 1,000,000 authorized shares, none issued 0.0 0.0
Common shares, $1.25 par value, 125,000,000 authorized shares, 95,722,344 and 94,599,742 issued shares, 79,065,985 and 78,352,333 outstanding shares, respectively 119.7 118.3
Additional capital 827.7 819.6
Retained earnings (accumulated deficit) (1,254.5) (822.4)
Treasury shares, at cost (16,656,359 and 16,247,409 shares, respectively) (585.5) (582.1)
Accumulated other comprehensive loss (436.8) (378.5)
Total Diebold Nixdorf, Incorporated shareholders' equity (1,329.4) (845.1)
Noncontrolling interests 11.7 8.1
Total equity (1,317.7) (837.0)
Total liabilities and equity $ 2,907.4 3,507.2
Document Period End Date Sep. 30, 2022  
Customer relationships [Member]    
Current assets    
Intangible assets, net $ 211.3 $ 301.7
v3.22.2.2
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Allowances for doubtful accounts $ 35.3 $ 35.3
Accumulated depreciation and amortization $ 452.9 $ 494.3
Diebold Nixdorf, Incorporated shareholders' equity    
Preferred Stock, No Par Value $ 0 $ 0
Preferred shares, shares authorized 1,000,000 1,000,000
Preferred shares, shares issued 0 0
Common shares, par value $ 1.25 $ 1.25
Common shares, shares authorized 125,000,000 125,000,000
Common shares, shares issued 95,722,344 94,599,742
Common shares, shares outstanding 79,065,985 78,352,333
Treasury shares, at cost, shares 16,656,359 16,247,409
v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales        
Net sales $ 810.4 $ 958.2 $ 2,491.9 $ 2,845.6
Cost of sales        
Total cost of sales 616.6 698.1 1,952.0 2,060.4
Gross profit 193.8 260.1 539.9 785.2
Selling and administrative expense 163.1 195.5 557.9 603.7
Research, development and engineering expense 26.7 25.6 92.1 95.3
Asset Impairment Charges   0.3 64.7 0.3
Impairment of assets (5.6) 0.0 (5.4) (1.9)
Total operating expense 188.3 221.4 709.3 697.4
Operating profit (loss) 5.5 38.7 (169.4) 87.8
Other income (expense)        
Interest income 3.6 1.0 5.9 5.0
Interest expense (50.7) (51.3) (148.4) (149.7)
Foreign exchange gain (loss), net 5.3 4.4 2.9 0.9
Miscellaneous, net (9.7) 4.6 (2.5) 6.6
Loss before taxes (46.0) (2.6) (311.5) (49.4)
Income tax expense (benefit) 3.9 (1.1) 119.0 (11.1)
Equity in loss of unconsolidated subsidiaries (0.6) (0.5) (3.0) (2.1)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total (50.5) (2.0) (433.5) (40.4)
Net income (loss) attributable to noncontrolling interests (0.7) 0.1 (1.4) 0.1
Net loss attributable to Diebold Nixdorf, Incorporated $ (49.8) $ (2.1) $ (432.1) $ (40.5)
Weighted-average number of common shares used in basic and diluted loss per share (1) 79.1 78.3 78.9 78.2
Earnings Per Share [Abstract]        
Basic and diluted loss per share $ (0.63) $ (0.03) $ (5.48) $ (0.52)
Service [Member]        
Net sales        
Net sales $ 514.3 $ 561.7 $ 1,565.9 $ 1,722.0
Cost of sales        
Total cost of sales 356.7 382.5 1,106.0 1,182.0
Product [Member]        
Net sales        
Net sales 296.1 396.5 926.0 1,123.6
Cost of sales        
Total cost of sales 259.9 315.6 846.0 878.4
Retained Earnings [Member]        
Other income (expense)        
Net loss attributable to Diebold Nixdorf, Incorporated $ (49.8) $ (2.1) $ (432.1) $ (40.5)
v3.22.2.2
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net loss $ (50.5) $ (2.0) $ (433.5) $ (40.4)
Other comprehensive income (loss), net of tax        
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax 0.5 2.0 5.2 6.1
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax 0.0 0.4 (0.6) 1.2
Total interest rate hedges 0.5 1.6 4.6 4.9
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax (1.4) 2.6 (0.6) 6.4
Other 0.0 0.0 0.7 (0.9)
Other comprehensive loss, net of tax (22.7) (23.5) (53.3) (30.5)
Comprehensive loss (73.2) (25.5) (486.8) (70.9)
Less: Comprehensive income (loss) attributable to noncontrolling interests 1.2 0.1 3.6 0.7
Comprehensive loss attributable to Diebold Nixdorf, Incorporated (74.4) (25.6) (490.4) (71.6)
Defined Benefit Plan, Plan Assets, Payment for Settlement 14.3 0.0 14.3 0.0
Translation adjustment        
Other comprehensive income (loss), net of tax        
Translation adjustment and foreign currency hedges (36.2) (28.3) (72.3) (41.8)
Net Investment Hedging [Member]        
Other comprehensive income (loss), net of tax        
Translation adjustment and foreign currency hedges 0.1 0.6 0.0 0.9
Foreign currency hedges, amount recognized in other comprehensive income, tax 0.0 0.0 0.0 0.0
Interest rate swaps        
Other comprehensive income (loss), net of tax        
Interest rate hedges, net gain recognized in other comprehensive income, tax 0.0 0.9 0.6 1.7
Pension and other post-retirement benefits        
Other comprehensive income (loss), net of tax        
Net actuarial loss amortization, tax (0.6) 0.5 (1.0) 1.4
Pension Plan [Member]        
Other comprehensive income (loss), net of tax        
Net actuarial loss amortization, tax $ (0.0) $ (0.0) $ (0.0) $ (0.0)
v3.22.2.2
Condensed Consolidated Statements of Comprehensive Income (Loss) Parentheticals - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net Investment Hedging [Member]        
Foreign currency hedges, amount recognized in other comprehensive income, tax $ 0.0 $ 0.0 $ 0.0 $ 0.0
Pension and other post-retirement benefits        
Net actuarial loss amortization, tax $ (0.6) $ 0.5 $ (1.0) $ 1.4
v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flow from operating activities:    
Net loss $ (433.5) $ (40.4)
Adjustments to reconcile net loss to cash flow used by operating activities:    
Depreciation and amortization 42.3 55.2
Amortization of acquired intangible assets 52.8 59.3
Amortization of Deferred Charges 12.0 13.0
Share-based compensation 9.6 12.7
(Gain) loss on sale of assets, net (5.4) (1.9)
Deferred income taxes 112.8 (21.6)
Defined Benefit Plan, Plan Assets, Payment for Settlement 14.3 0.0
Other 2.7 0.0
Asset Impairment Charges 64.7 0.3
Changes in certain assets and liabilities    
Trade receivables (2.5) (50.9)
Inventories (186.5) (150.3)
Accounts payable (18.9) 95.6
Deferred revenue 14.5 (87.2)
Sales tax and net value added tax (24.9) (35.7)
Income taxes (34.7) (25.5)
Accrued salaries, wages and commissions (59.1) 1.5
Restructuring accrual 21.2 (22.4)
Warranty liability (5.2) (1.4)
Pension and post retirement benefits (13.4) (5.8)
Certain other assets and liabilities (45.6) (86.1)
Net cash used by operating activities (482.8) (291.6)
Cash flow from investing activities:    
Payments to Develop Software (24.0) (21.6)
Proceeds from divestitures, net of cash divested (10.5) 5.8
Proceeds from maturities of investments 368.6 222.6
Payments for purchases of investments (345.6) (202.0)
Payments To Acquire Property Plant And Equipment Including Software 13.8 11.1
Proceeds from Sale of Productive Assets 3.5 1.7
Net cash provided (used) by investing activities (0.8) (4.6)
Cash flow from financing activities:    
Revolving credit facility borrowings, net 240.0 187.9
Other debt borrowings 12.4 9.9
Other debt repayments (12.3) (13.6)
Proceeds from Noncontrolling Interests 0.0 12.7
Other (6.6) (7.1)
Net cash provided by financing activities 233.5 189.8
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (12.5) (4.3)
Change in cash, cash equivalents and restricted cash (262.6) (110.7)
Add: Cash included in assets held for sale at beginning of period 3.1 2.7
Less: Cash included in assets held for sale at end of period 1.0 0.6
Cash, cash equivalents and restricted cash at the beginning of the period 388.9 324.5
Cash, cash equivalents and restricted cash at the end of the period 128.4 215.9
Defined Benefit Plan, Plan Assets, Payment for Settlement $ (14.3) $ 0.0
v3.22.2.2
Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended September 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at June 30, 2022`$(350.1)$(2.0)$4.5 $(63.8)$(0.8)$(412.2)
Other comprehensive income (loss) before reclassifications (1)
(38.1)0.1 0.5 — — (37.5)
Amounts reclassified from AOCI— — — 12.9 — 12.9 
Net current-period other comprehensive income (loss)(38.1)0.1 0.5 12.9 — (24.6)
Balance at September 30, 2022$(388.2)$(1.9)$5.0 $(50.9)$(0.8)$(436.8)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(1.9) of translation attributable to noncontrolling interests.
The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended September 30, 2021:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at June 30, 2021$(270.8)$(2.3)$(2.8)$(143.1)$(1.5)$(420.5)
Other comprehensive income (loss) before reclassifications (1)
(28.3)0.6 2.0 — — (25.7)
Amounts reclassified from AOCI— — (0.4)2.6 — 2.2 
Net current-period other comprehensive income (loss)(28.3)0.6 1.6 2.6 — (23.5)
Balance at September 30, 2021$(299.1)$(1.7)$(1.2)$(140.5)$(1.5)$(444.0)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes nominal of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the nine months ended September 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2022$(310.9)$(1.9)$0.4 $(64.6)$(1.5)$(378.5)
Other comprehensive income (loss) before reclassifications (1)
(77.3)— 5.2 — 0.7 (71.4)
Amounts reclassified from AOCI— — (0.6)13.7 — 13.1 
Net current-period other comprehensive income (loss)(77.3)— 4.6 13.7 0.7 (58.3)
Balance at September 30, 2022$(388.2)$(1.9)$5.0 $(50.9)$(0.8)$(436.8)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(5.0) of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the nine months ended September 30, 2021:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2021$(256.7)$(2.6)$(6.1)$(146.9)$(0.6)$(412.9)
Other comprehensive income (loss) before reclassifications (1)
(42.4)0.9 6.1 — (0.9)(36.3)
Amounts reclassified from AOCI— — (1.2)6.4 — 5.2 
Net current-period other comprehensive income (loss)(42.4)0.9 4.9 6.4 (0.9)(31.1)
Balance at September 30, 2021$(299.1)$(1.7)$(1.2)$(140.5)$(1.5)$(444.0)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(0.6) of translation attributable to noncontrolling interests.
The following table summarizes the details about the amounts reclassified from AOCI:
Three months endedNine months endedAffected Line Item on the Statement of Operations
September 30September 30
2022202120222021
Interest rate hedge gain/(loss)$— $(0.4)$(0.6)$(1.2)Interest expense
Pension and post-retirement benefits:
Net actuarial (loss) gain amortized (net of tax of $(0.6), $0.5, $(1.0), and $1.4 respectively)(1.4)2.6 (0.6)6.4 Miscellaneous, net
Net actuarial losses recognized due to settlement (net of tax of $0.0, $0.0, $0.0 and $0.0, respectively)14.3 — 14.3 — Miscellaneous, net
Total reclassifications for the period$12.9 $2.2 $13.1 $5.2 
v3.22.2.2
Basis of Presentation
 9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation and Significant Accounting Policies Basis of Presentation
The accompanying unaudited condensed consolidated financial statements of Diebold Nixdorf, Incorporated and its subsidiaries (collectively, the Company) have been prepared in accordance with the instructions to Form 10-Q and therefore do not include all information and footnotes necessary for a fair presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States (U.S. GAAP); however, such information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented.

The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. In addition, some of the Company’s statements in this Quarterly Report on Form 10-Q may involve risks and uncertainties that could significantly impact expected future results. The results of operations for the three and nine months ended September 30, 2022 are not necessarily indicative of results to be expected for the full year.

The Company has reclassified the presentation of certain prior-year information to conform to the current presentation.

Recently Issued Accounting Guidance

The Company considers the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB).

In March 2020, the FASB issued guidance that provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by the transition away from reference rates expected to be discontinued to alternative reference rates. The guidance was effective upon issuance and may be applied prospectively to contract modifications made and hedging relationships entered into on or before December 31, 2022. The standard does not materially impact the Company's consolidated financial statements.

Although there are other new accounting pronouncements issued by the FASB, the Company does not believe these will have a material impact on its consolidated financial statements.
v3.22.2.2
Earning Per Share
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE Earnings (Loss) Per ShareBasic earnings (loss) per share is based on the weighted-average number of common shares outstanding. Diluted earnings (loss) per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing earnings (loss) per share, non-vested share-based payment awards that contain rights to receive non-forfeitable dividends are considered participating securities. The Company’s participating securities include restricted stock units (RSUs), director deferred shares and shares that vested but were deferred by employees. The Company calculated basic and diluted earnings (loss) per share under both the treasury stock method and the two-class method. For the three and nine months ended September 30, 2022 and 2021, there were no differences in the earnings (loss) per share amounts calculated using the two methods. Accordingly, the treasury stock method is disclosed below; however, because the Company is in a net loss position, dilutive shares of 1.8 and 1.2 for the three months ended September 30, 2022 and 2021, respectively, and 1.4 and 1.2 for the nine months ended September 30, 2022 and 2021, respectively, are excluded from the shares used in the computation of diluted earnings (loss) per share.
The following table represents amounts used in computing earnings (loss) per share and the effect on the weighted-average number of shares of dilutive potential common shares:
Three months endedNine months ended
September 30September 30
2022202120222021
Numerator
Income (loss) used in basic and diluted loss per share
Net loss$(50.5)$(2.0)$(433.5)$(40.4)
Net income (loss) attributable to noncontrolling interests(0.7)0.1 (1.4)0.1 
Net loss attributable to Diebold Nixdorf, Incorporated$(49.8)$(2.1)$(432.1)$(40.5)
Denominator
Weighted-average number of common shares used in basic and diluted loss per share (1)
79.1 78.3 78.9 78.2 
Net loss attributable to Diebold Nixdorf, Incorporated
Basic and diluted loss per share$(0.63)$(0.03)$(5.48)$(0.52)
(1)Shares of 4.1 and 4.0 for the three months ended September 30, 2022 and 2021, respectively, and 4.2 and 3.5 for the nine months ended September 30, 2022 and 2021, respectively, are excluded from the computation of diluted earnings per share because the effects are anti-dilutive, irrespective of the net loss position.
v3.22.2.2
Income Taxes
 9 Months Ended
Sep. 30, 2022
Income Tax Disclosure [Abstract]  
INCOME TAXES Income Taxes
The effective tax rate on the loss from continuing operations was (8.5) percent and (38.2) percent for the three and nine months ended September 30, 2022, respectively. The tax provision for the three months ended September 30, 2022 was attributable to current quarter pre-tax income and losses, and discrete tax adjustments for current tax expense related to tax return to provision differences. The tax provision for the nine months ended September 30, 2022 was primarily attributable to the jurisdictional mix of year to date income and loss, and the valuation allowance due to the Company's going concern assessment. Consistent with the second quarter of 2022, the Company calculated income tax expense using the actual effective tax rate year to date, as opposed to the estimated annual effective tax rate, as provided in Accounting Standards Codification (ASC) 740-270-30-18. See Note 9 for further details regarding the refinancing and going concern assessment.

The effective tax rate on the loss from continuing operations was 35.5 percent and 21.6 percent for the three and nine months ended September 30, 2021, respectively. The tax benefit for the three months ended September 30, 2021 was attributable to pre-tax losses in excess of discrete adjustments for tax return to provision differences in such period. The tax benefit for the nine months ended September 30, 2021 was primarily attributable to the jurisdictional mix of income and loss, valuation allowance on certain interest expense carryforwards, partially offset by discrete tax adjustments for tax return to provision differences, expired stock compensation, and uncertain tax positions.
v3.22.2.2
Inventories
 9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
INVENTORIES Inventories
Major classes of inventories are summarized as follows:
September 30, 2022December 31, 2021
Raw materials and work in process$254.8 $194.1 
Finished goods254.2 180.3 
Total product inventories509.0 374.4 
Service parts157.2 169.8 
Total inventories$666.2 $544.2 
v3.22.2.2
Investments
 9 Months Ended
Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS Investments
The Company’s investments, primarily in Brazil, consist of certificates of deposit that are recorded at fair value based upon quoted market prices. Changes in fair value are recognized in interest income, determined using the specific identification method, and were minimal. There were no gains from the sale of securities or proceeds from the sale of securities prior to the maturity date for the three and nine months ended September 30, 2022 and 2021.

The Company has deferred compensation plans that enable certain employees to defer receipt of a portion of their cash, 401(k) or share-based compensation and enable non-employee directors to defer receipt of director fees at the participants’ discretion.
For deferred cash-based compensation, the Company established rabbi trusts (refer to Note 15), which are recorded at fair value of the underlying securities within securities and other investments. The related deferred compensation liability is recorded at fair value within other long-term liabilities. Realized and unrealized gains and losses on marketable securities in the rabbi trusts are recognized in interest income.

The Company’s investments subject to fair value measurement consist of the following:
Cost BasisUnrealized
Gain / (Loss)		Fair Value
As of September 30, 2022
Short-term investments
Certificates of deposit$14.6 $— $14.6 
Long-term investments
Assets held in a rabbi trust$4.5 $4.5 
As of December 31, 2021
Short-term investments
Certificates of deposit$34.3 $— $34.3 
Long-term investments
Assets held in a rabbi trust$5.4 $1.6 $7.0 
Securities and other investments also includes cash surrender value of insurance contracts of $2.7 and $4.0 as of September 30, 2022 and December 31, 2021, respectively.
The Company has certain non-consolidated joint ventures that are not significant subsidiaries and are accounted for under the equity method of accounting. The Company owns 48.1 percent of Inspur Financial Information System Co., Ltd. (Inspur JV) and 49.0 percent of Aisino-Wincor Retail & Banking Systems (Shanghai) Co., Ltd. (Aisino JV). The Company engages in transactions in the ordinary course of business with the respective joint ventures. As of September 30, 2022, the Company had accounts receivable and accounts payable balances with these joint ventures of $3.7 and $33.6, respectively, which are included in trade receivables, less allowances for doubtful accounts and accounts payable on the condensed consolidated balance sheets.
v3.22.2.2
Goodwill and Other Assets
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER ASSETS Goodwill and Other Assets
In the second quarter of 2022, the Company reorganized its reportable segments in connection with the new and simplified operating model implemented by the recently appointed Chief Executive Officer. This organizational change is described in further detail in Note 19, and is consistent with how the Chief Executive Officer, the chief operating decision maker (CODM), makes key operating decisions, allocates resources, and assesses the performance of the business.

Prior to reorganization, the Company had four reporting units: Eurasia Banking, Americas Banking, EMEA Retail, and Rest of World Retail. The Company's new reporting units, determined in accordance with ASC 350, "Intangibles - goodwill and other", are the same as the operating and reportable segments, which are global Banking and global Retail. The Banking reporting unit is the summation of the legacy Eurasia Banking and Americas Banking reporting units and Retail is the summation of the legacy EMEA Retail and Rest of World Retail reporting units.
The new segmentation aligns with the Company's focus on standard and centralized global product and service offerings that support our customer base, which is largely comprised of global financial institutions and retailers. Further the simplified organization does not have regional leaders reporting to the CODM, and operating metrics other than net sales will not be allocated or analyzed on a regional basis largely due to the centralization of our manufacturing and procurement functions.

As of April 30, 2022 and as a result of the reporting unit change, we performed an interim quantitative goodwill impairment test for both our old and new reporting units using a combination of the income valuation and market approach methodology. The determination of the fair value of the reporting unit requires significant estimates and assumptions, including significant unobservable inputs. The key inputs included, but were not limited to, discount rates, terminal growth rates, market multiple data from selected guideline public companies, management’s internal forecasts which include numerous assumptions such as projected net sales, gross profit, sales mix, operating and capital expenditures and earnings before interest and taxes margins, among others. No impairment resulted from the quantitative interim goodwill impairment test under either the legacy or new reporting unit structure.

Management determined that the fair value of Eurasia Banking had a cushion of approximately 10 percent when compared to its carrying amounts prior to the change. The other legacy reporting units had significant excess fair value or cushion when compared to its carrying amount. Under the new reporting unit structure, Banking had a cushion of approximately 130 percent and Retail had a cushion of approximately 110 percent.

Changes in certain assumptions or the Company's failure to execute on the current plan could have a significant impact to the estimated fair value of the reporting units.

In addition to the quantitative goodwill impairment test, the Company also performed a reassignment of the goodwill to the new reporting units using a relative fair value allocation approach required by ASC 350. The results of that reassignment are included in the summary below.

Legacy Reporting UnitsNew Reporting Unit
Eurasia BankingAmericas BankingBankingRetailTotal
Goodwill$590.4 $444.7 $— $236.2 $1,271.3 
Accumulated impairment(291.7)(122.0)— (57.2)(470.9)
Balance at January 1, 2021$298.7 $322.7 $— $179.0 $800.4 
Divestitures— — — (3.3)(3.3)
Currency translation adjustment(29.0)(4.6)— (19.9)(53.5)
Goodwill$561.4 $440.1 $— $213.0 $1,214.5 
Accumulated impairment(291.7)(122.0)— (57.2)(470.9)
Balance at December 31, 2021$269.7 $318.1 $— $155.8 $743.6 
Currency translation adjustment(6.3)(1.0)— (4.4)(11.7)
Goodwill$555.1 $439.1 $— $208.6 $1,202.8 
Currency translation adjustment— — (55.4)(26.9)(82.3)
Goodwill reassignment(555.1)(439.1)922.2 72.0 — 
Goodwill$— $— $866.8 $253.7 $1,120.5 
Accumulated impairment reassignment291.7 122.0 (413.7)— — 
Accumulated impairment$— $— $(413.7)$(57.2)$(470.9)
Balance at September 30, 2022$— $— $453.1 $196.5 $649.6 
The following summarizes information on intangible assets by major category:
September 30, 2022December 31, 2021
Weighted-average remaining useful livesGross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying Amount		Accumulated
Amortization		Net
Carrying
Amount
Customer relationships, net3.4 years$605.3 $(394.0)$211.3 $703.3 $(401.6)$301.7 
Capitalized Software Development1.9 years227.9 (189.4)38.5 228.1 (184.9)43.2 
Development costs non-software0.8 years46.3 (44.0)2.3 51.8 (51.6)0.2 
Other intangibles5.2 years46.1 (44.0)2.1 50.8 (48.4)2.4 
Other intangible assets, net320.3 (277.4)42.9 330.7 (284.9)45.8 
Total$925.6 $(671.4)$254.2 $1,034.0 $(686.5)$347.5 

Costs incurred for the development of external-use 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 straight-line basis over the estimated useful lives ranging from three to five years. 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 Company performs periodic reviews to ensure that unamortized program costs remain recoverable from future revenue. If future revenue does not support the unamortized program costs, the amount by which the unamortized capitalized cost of a software product exceeds the net realizable value is impaired.

The following table identifies the activity relating to total capitalized software development:

20222021
Beginning balance as of January 1$43.2 $38.0 
Capitalization24.0 21.6 
Amortization(19.7)(17.7)
CTA, transferred to held-for-sale, impaired, other(9.0)(0.4)
Ending balance as of September 30$38.5 $41.5 
The Company's total amortization expense, excluding that related to deferred financing costs, was $72.1 and $78.1 for the nine months ended September 30, 2022 and 2021, respectively. The Company's total amortization expense, excluding that related to deferred financing costs, was $23.2 and $26.0 for the three months ended September 30, 2022 and 2021, respectively.
v3.22.2.2
Guarantees and Product Warranties
 9 Months Ended
Sep. 30, 2022
Guarantees and Product Warranties Disclosure [Abstract]  
GUARANTEES AND PRODUCT WARRANTIES Product Warranties
The Company 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.

Changes in the Company’s warranty liability balance are illustrated in the following table:
20222021
Beginning balance as of January 1$36.3 $38.6 
Current period accruals12.2 16.1 
Current period settlements(17.0)(17.5)
Currency translation adjustment(2.6)(2.4)
Ending balance as of September 30$28.9 $34.8 
v3.22.2.2
Restructuring
 9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER CHARGES Restructuring
In the fourth quarter of 2021, the Company completed the execution of a multi-year restructuring and transformation program called DN Now. On a cumulative basis, $218.9 of expenses were incurred through December 31, 2021. These costs consisted primarily of severance charges, costs of personnel transitioning out of the organization, and consulting fees paid to third-party organizations who assisted with our transition to a shared service model.

In the second quarter of 2022, the Company announced a new initiative to streamline operations, drive efficiencies and digitize processes, targeting annualized cost savings of more than $150.0 by the end of 2023. During the three and nine month periods ended September 30, 2022, the Company incurred $20.7 and $98.9, respectively, of restructuring and transformation costs. The most significant of these costs was $54.9, all recorded in the second quarter of 2022, that was accrued for future severance payments under an ongoing severance benefit program. No severance accruals were recorded in the third quarter of 2022. Consistent with DN Now, other than severance, the remainder of the expenses incurred in both the three and nine-month periods primarily relate to transitioning personnel and consultant fees in relation to the transformation process.

In connection with the latest restructuring initiative, several facilities have been identified for closure, which resulted in a $5.4 impairment of right-of-use assets and related leasehold improvements and furniture and fixtures recorded during the second quarter of 2022. In connection with the organizational simplification and related portfolio optimization, $4.1 of German capitalized software was impaired in the third quarter.

The following table summarizes the impact of the Company’s restructuring and transformation charges on the consolidated statements of operations:
Three months endedNine months ended
September 30September 30
 2022202120222021
Cost of sales – services$3.0 $— $7.4 $10.1 
Cost of sales – products1.3 — 10.0 1.6 
Selling and administrative expense13.9 — 71.7 11.7 
Research, development and engineering expense2.5 — 9.8 (0.3)
Total$20.7 $— $98.9 $23.1 


The following table summarizes the Company’s severance accrual balance and related activity:
20222021
Beginning balance as of January 1$35.3 $62.9 
Severance Accruals54.9 10.3 
Payouts/Settlements(35.6)(29.5)
Other(0.3)(4.9)
Ending balance as of September 30$54.3 $38.8 
v3.22.2.2
Debt
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
DEBT Debt
Outstanding debt balances were as follows:
September 30, 2022December 31, 2021
Notes payable (maturities between September 30, 2022 and September 30, 2023)
Uncommitted lines of credit$9.2 $1.6 
2023 Revolving Facility300.9 35.9 
2023 Term Loan B Facility - USD4.8 4.8 
2023 Term Loan B Facility - Euro4.0 4.7 
Other0.2 0.3 
$319.1 $47.3 
Short-term deferred financing fees(0.6)(0.2)
$318.5 $47.1 
Debt with maturities subsequent to September 30, 2023; classified as current for the period ended September 30, 2022 (refer to discussion below)
2023 Revolving Facility$— $25.0 
2023 Term Loan B Facility - USD376.8 381.0 
2023 Term Loan B Facility - Euro319.8 375.6 
2024 Senior Notes400.0 400.0 
2025 Senior Secured Notes - USD700.0 700.0 
2025 Senior Secured Notes - EUR341.2 396.4 
Other3.8 4.2 
$2,141.6 $2,282.2 
Deferred financing fees(24.5)(36.6)
$2,117.1 $2,245.6 

Senior and Senior Secured Notes

On July 20, 2020, Diebold Nixdorf, Incorporated issued $700.0 aggregate principal amount of 9.375 percent Senior Secured Notes due 2025 (the 2025 Senior Secured Notes - USD) and its wholly-owned subsidiary, Diebold Nixdorf Dutch Holding B.V., issued €350.0 aggregate principal amount of 9.0 percent Senior Secured Notes due 2025 (the 2025 Senior Secured Notes - EUR and, together with the 2025 Senior Secured Notes - USD, the 2025 Senior Secured Notes) in private offerings exempt from registration under the Securities Act of 1933. The 2025 Senior Secured Notes - USD were issued at a price of 99.031 percent of their principal amount, and the 2025 Senior Secured Notes - EUR were issued at a price of 99.511 percent of their principal amount.

The 2025 Senior Secured Notes are or will be, as applicable, guaranteed on a senior secured basis by (i) all of Diebold Nixdorf, Incorporated’s existing and future direct and indirect U.S. subsidiaries that guarantee the obligations under the credit agreement (the Credit Agreement) governing the Company's revolving credit facility (the Revolving Facility) and (ii) all of Diebold Nixdorf, Incorporated’s existing, future, direct and indirect U.S. subsidiaries (other than securitization subsidiaries, immaterial subsidiaries and certain other subsidiaries) that guarantee any of the Diebold Nixdorf Dutch Holding B.V.’s, Diebold Nixdorf, Incorporated’s or its subsidiary guarantors’ indebtedness for borrowed money (collectively, the U.S. subsidiary guarantors). Additionally, the 2025 Senior Secured Notes - USD and the 2025 Senior Secured Notes - EUR are guaranteed on a senior secured basis by Diebold Nixdorf Dutch Holdings B.V. and Diebold Nixdorf, Incorporated, respectively. The 2025 Senior Secured Notes are secured by first-priority liens on substantially all of the tangible and intangible assets of Diebold Nixdorf, Incorporated, Diebold Nixdorf Dutch Holding B.V. and the U.S. subsidiary guarantors, in each case subject to permitted liens and certain exceptions. The first-priority liens on the collateral securing the 2025 Senior Secured Notes - USD and the related guarantees and the 2025 Senior Secured Notes - EUR and the related guarantees are shared ratably among the 2025 Senior Secured Notes and the obligations under the Credit Agreement.
The net proceeds from the offerings of the 2025 Senior Secured Notes, along with cash on hand, were used to repay a portion of the amounts outstanding under the Credit Agreement, including all amounts outstanding under the Term Loan A Facility and Term Loan A-1 Facility and $193.8 of revolving credit loans, including all of the revolving credit loans due in December 2020, and for the payment of all related fees and expenses.

The Company also has an outstanding $400.0 aggregate principal amount of 8.5 percent Senior Notes due 2024 (the 2024 Senior Notes). The 2024 Senior Notes were issued by Diebold Nixdorf, Incorporated and are guaranteed by the U.S. subsidiary, and mature in April 2024.

Credit Agreement - Term Loan and Revolving Facilities

On March 11, 2022, the Company entered into the eleventh and most recent amendment to the credit agreement (the Credit Agreement) governing its revolving facility (the Revolving Facility) and the term loan facilities (the Term Loan Facilities) to amend the financial covenants with respect to its "Total Net Leverage Ratio" (as defined in the Credit Agreement). As a result, the Company incurred approximately $1.1 of amendment fees that are classified within Other of the Financing section of the Consolidated Statement of Cash Flows. The fees will be amortized to interest expense over the remaining life of the Agreement. Prior to the eleventh amendment, the Company terminated its 2022 revolving commitments that were scheduled to mature in April 2022.

As of September 30, 2022, the Term Loan Facilities and Revolving Facility under the Credit Agreement were secured by substantially all assets of Diebold Nixdorf, Incorporated and its domestic subsidiaries that are borrowers or guarantors under the Credit Agreement, subject to certain exceptions and permitted liens.

Transaction Support Agreement - 2022 Refinancing

The Company has been in discussions with a group (the “Term Lender Group”) of certain creditors holding primarily term loans (the “Existing Term Loans”) under the Credit Agreement and a group (the “Ad Hoc Group”) of certain creditors holding primarily 2024 Senior Notes and/or 2025 Senior Secured Notes as well as Existing Term Loans concerning potential financing and/or recapitalization transactions involving the Company (the “Transaction Discussions”). As a result of the Transaction Discussions, the Company, the Term Lender Group and the Ad Hoc Group have agreed on the principal terms of a new money financing and recapitalization and exchanges that address certain near-term maturities (the “Transaction”).

Accordingly, the Company, certain of its subsidiaries and members of the Term Lender Group and the Ad Hoc Group (such members collectively, the “Initial Consenting Holders”) have entered into a transaction support agreement (together with all exhibits, annexes and schedules thereto, the “Transaction Support Agreement”), dated October 20, 2022. The Transaction Support Agreement sets forth the terms agreed between the Company and holders of approximately 78.8% of the aggregate principal amount of the Existing Term Loans, approximately 59.3% of the aggregate principal amount of the 2024 Senior Notes, approximately 91.8% of the aggregate principal amount of the 2025 USD Senior Notes and approximately 85.4% of the aggregate principal amount of the 2025 Senior Secured Notes - EUR.

Following execution of the Transaction Support Agreement, additional eligible creditors have executed joinders thereto as permitted by its terms. As a result, the percentage of the Company’s term loans held by holders who are party to the Transaction Support Agreement has increased to approximately 97% as of November 9, 2022, and the percentage of the Company’s 2024 senior notes that are held by holders who are party to the Transaction Support Agreement has increased to approximately 83% as of November 9, 2022.


The Transaction Support Agreement contemplates, among other things, that:

•The Company and certain of its subsidiaries will obtain a new $250 million asset-based credit facility (the “ABL Facility”), which will mature in July 2026, subject to a springing maturity to a date that is 91 days prior to the maturity of certain indebtedness of the Company or its subsidiaries above a certain threshold. The ABL Facility is expected to be provided by, and replace the commitments of, the Company’s existing revolving credit lenders under the Credit Agreement.
•Diebold Nixdorf Holding Germany GmbH (the “German Borrower”), a wholly-owned subsidiary of the Company, will obtain a new $400 million super-senior term loan credit facility (the “Super Senior Facility”), which will mature in July 2025. Certain current participating lenders who have signed the Transaction Support Agreement have provided commitments subject to satisfaction of the conditions specified therein, totaling the full $400 million with respect to the Super Senior Facility. The Super Senior Facility will provide additional liquidity to the German Borrower, the Company and its subsidiaries. A portion of the proceeds of the Super Senior Facility will be applied on the closing date to prepay the Extended Term Loans in an amount equal to 15.0% of the principal amount of the Company's existing term loans (the "Existing Term Loans") that elect to exchange into Extended Term Loans (as defined herein).
•Holders of Existing Term Loans will be offered the opportunity to exchange such Existing Term Loans at par into extended term loans (the “Extended Term Loans”), which will mature in July 2025. As described above, 15.0% of the Extended Term Loans will be prepaid on the closing date. In addition, the Company will be required to prepay the Extended Term Loans on December 31, 2023 in an amount equal to 5.0% of the principal amount of Existing Term Loans exchanged into Extended Term Loans subject to satisfaction of a specified minimum liquidity threshold. If such minimum liquidity threshold is not satisfied on December 31, 2023, such prepayment will instead be required on December 31, 2024 subject to satisfaction of the same condition. Holders of Existing Term Loans who have signed the Transaction Support Agreement by October 27, 2022 (the "Joinder Date") will receive, on the closing date, a transaction premium of 3.0% of Extended Term Loans received in exchange for Existing Term Loans, paid in the form of Extended Term Loans.
•Holders of 2024 Senior Notes will be offered the opportunity to exchange such 2024 Senior Notes (i) at 95.0% of par into new secured notes issued by the Company (the “2L Notes”), which will mature in October 2026, and (ii) into a ratable amount of penny warrants (the “Warrants”) exercisable for common shares in the Company, the total amount of which will represent 19.99% of the outstanding common shares of the Company. The Warrants will be non-detachable and not exercisable until April 2024 subject to certain exceptions. The Company will also solicit consents from holders of the 2024 Senior Notes to amend the 2024 Senior Notes indenture as necessary to, among other things, allow the transactions contemplated by the Transaction Support Agreement (the "Transaction"), remove substantially all negative covenants and mandatory prepayments (to the extent permitted, including under applicable law), and to extend the grace period under the 2024 Senior Notes indenture applicable with respect to defaults in payment of interest to run until the maturity date of the 2024 Senior Notes. Holders of 2024 Senior Notes who have signed the Transaction Support Agreement by the Joinder Date will receive, on the closing date, a transaction premium of 5.0% of the principal amount of such 2024 Senior Notes, paid in the form of 2L Notes.
•The Company will also solicit consents from holders of the 2025 Senior Secured Notes, to amend 2025 Senior Secured Notes indentures and related documentation as necessary to, among other things, allow the Transaction and provide the 2025 Senior Secured Notes with certain covenant, collateral and guarantee enhancements. Holders of 2025 Senior Secured Notes who have signed the Transaction Support Agreement by the Joinder Date will receive, on the closing date, a transaction premium of 3.0% of such 2025 Senior Secured Notes, paid in the form of 2025 Senior Secured Notes.
•The Company will also solicit consents from lenders under the Credit Agreement to amend the Credit Agreement as necessary to, among other things, permit the Transaction, remove substantially all negative covenants and mandatory prepayments, and to direct the Administrative Agent to release the liens on certain collateral securing the Company’s and the existing subsidiary guarantors’ obligations under the Credit Agreement (in each case, to the extent permitted including under applicable law).

Upon fulfillment of closing conditions and consummation of the transactions contemplated by the Transaction Support Agreement, we will have extended our near-term debt maturities and obtained additional liquidity. While the Company believes the transactions contemplated by the Transaction Support Agreement will be consummated, there can be no assurance that such conditions will be satisfied.

Uncommitted Line of Credit

As of September 30, 2022, the Company had various international short-term uncommitted lines of credit with borrowing limits aggregating to $52.9. The weighted-average interest rate on outstanding borrowings on the short-term uncommitted lines of credit as of September 30, 2022 and December 31, 2021 was 17.11 percent and 3.24 percent, respectively, and primarily relate to higher interest rate, short-term uncommitted lines of credit in Columbia and Brazil. Short-term uncommitted lines mature in less than one year. The remaining amount available under the short-term uncommitted lines at September 30, 2022 was $43.7.
The cash flows related to debt borrowings and repayments were as follows:
 Nine months ended
September 30
 20222021
Revolving credit facility borrowings$512.0 $468.0 
Revolving credit facility repayments$(272.0)$(280.1)
Other debt borrowings
International short-term uncommitted lines of credit borrowings$12.4 $9.9 
Other debt repayments
Payments on Term Loan B Facility - USD under the Credit Agreement$(4.2)$(3.5)
Payments on Term Loan B Facility - Euro under the Credit Agreement(3.8)(3.5)
International short-term uncommitted lines of credit and other repayments(4.3)(6.6)
$(12.3)$(13.6)

The interest rates with respect to the Revolving Facility are based on, at the Company’s option, adjusted LIBOR or an alternative base rate, plus an applicable margin tied to the Company’s then applicable total net leverage ratio. Such applicable margins range from, LIBOR-based Revolving Loans, 1.25 percent to 4.25 percent, and for base-rate Revolving Loans, 1.00 percent less than in the case of LIBOR-based loans.

Below is a summary of financing and replacement facilities information:
Financing and Replacement FacilitiesInterest Rate
Index and Margin		Maturity/Termination DatesInitial Term (Years)
Credit Agreement facilities
2023 Revolving Facility(ii, iv)
LIBOR + 4.50%July 20233.0
Term Loan B Facility - USD(i)
LIBOR + 2.75%November 20237.5
Term Loan B Facility - Euro(iii)
EURIBOR + 3.00%November 20237.5
2024 Senior Notes8.5%April 20248
2025 Senior Secured Notes - USD9.375%July 20255
2025 Senior Secured Notes - EUR9.0%July 20255
(i)LIBOR with a floor of 0.0%
(ii)LIBOR with a floor of 0.5%
(iii)EURIBOR with a floor of 0.0%
(iv)    The 2023 Revolving Facility margin remains at the LIBOR + 4.25% for a single creditor.

The Company's current debt agreements contain various financial covenants, including net debt to adjusted EBITDA and net interest coverage ratio, along with certain negative covenants that, among other things, limit dividends, acquisitions and the use of proceeds from divestitures. The Credit Agreement financial ratios are as follows:

•a maximum allowable total net debt to adjusted EBITDA leverage ratio of 6.50 to 1.00 for the quarter ended September 30, 2022 (decreasing to 5.50 for the quarter ending December 31, 2022, and 5.25 for the quarter ending March 31, 2023); and
•a minimum adjusted EBITDA to net interest expense coverage ratio of not less than 1.625 to 1.00 for the quarter ended September 30, 2022 (increasing to 1.75 for the quarter ending December 31, 2022 and thereafter).
As of September 30, 2022, the Company was not in compliance with the net leverage ratio within the Credit Agreement. The Company has obtained a waiver with respect to such covenant with an expiration of December 31, 2022, which waives any failure of the Company to be in compliance with such financial covenant. Prior to expiration of the waiver on December 31, 2022, the Company expects to have consummated the Transaction, at which point it will no longer be subject to the covenants of the Credit Agreement.

Going Concern Assessment and Current Classification of Debt

Pursuant to the requirements of ASC Topic 205-40, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, management must evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for one year from the date the condensed consolidated financial statements included in this Quarterly Report on Form 10-Q are issued. This evaluation does not take into consideration the potential mitigating effect of management’s plans that have not been fully implemented or are not within control of the Company as of the date the condensed consolidated financial statements are issued.

The Revolving Facility is due on July 20, 2023 and the Term Loan Facility is due on November 6, 2023, both less than one year from the filing of this Quarterly Report on Form 10-Q. Refinancing the components of our debt arrangements that have near-term maturities, inclusive of the Revolving Facility and Term Loan B Facility, has been a top priority and culminated in the signing of the Transaction Support Agreement. Pursuant to the Transaction Support Agreement, the closing of the Transaction is subject to the satisfaction of certain conditions, including execution and delivery of definitive documentation with respect to the Transaction, receipt of all necessary consents to the consummation of the Transaction, including obtaining certain minimum consent and exchange thresholds under the Credit Agreement and the 2024 Senior Notes indenture and certain consent thresholds under the 2025 Senior Secured Notes indentures, and other customary closing conditions. While the Company believes the transactions contemplated by the Transaction Support Agreement will be consummated, there can be no assurance that such conditions will be satisfied.

Albeit unlikely, if the Company is unable to consummate the Transaction prior to December 31, 2022 or future reporting periods, and is also unable to obtain a waiver extension with respect to the net leverage ratio covenant under the Credit Agreement, certain debt could become due and immediately payable (absent additional waivers), for which sufficient cash would not be available. As such, all debt has been classified as a current liability as of September 30, 2022, and is presented within the notes payable caption of the condensed consolidated balance sheet.
As a result of the closing conditions of the Transaction Support Agreement, and as disclosed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022, substantial doubt exists regarding our ability to continue as a going concern. The Company expects the Transaction will be consummated and substantial doubt will be alleviated prior to December 31, 2022. The condensed consolidated financial statements do not include any adjustments to the carrying amounts and classification of assets, liabilities, and reported expenses that may be necessary if the Company were unable to continue as a going concern.
v3.22.2.2
Redeemable Noncontrolling Interests
 9 Months Ended
Sep. 30, 2022
Redeemable Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block] Redeemable Noncontrolling Interests
Changes in redeemable noncontrolling interests were as follows:
20222021
Beginning balance as of January 1$— $19.2 
Redemption value adjustment— — 
Termination of put option— (19.2)
Ending balance as of September 30$— $— 

During the first quarter of 2021, the Company entered into an agreement whereby its ownership percentage in a certain consolidated but non-wholly owned subsidiary in Europe was reduced by means of capital contributions from noncontrolling shareholders totaling $12.7. Following the agreement, the Company maintains a controlling interest in the subsidiary. As part of this agreement, the put option that could have required the Company to acquire the noncontrolling shares was irrevocably waived, reducing the redeemable noncontrolling interest to zero.
v3.22.2.2
Equity
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
EQUITY Equity
The following tables present changes in shareholders' equity attributable to Diebold Nixdorf, Incorporated and the noncontrolling interests:
Accumulated Other Comprehensive Income (Loss)Total Diebold Nixdorf, Incorporated Shareholders' Equity
Common SharesAdditional
Capital		Accumulated DeficitTreasury
Shares		Non-controlling
Interests		Total
Equity
Balance, December 31, 2021$118.3 $819.6 $(822.4)$(582.1)$(378.5)$(845.1)$8.1 $(837.0)
Net loss— — (183.1)— — (183.1)(0.8)(183.9)
Other comprehensive loss— — — — 13.1 13.1 0.8 13.9 
Share-based compensation issued1.2 (1.2)— — — — — — 
Share-based compensation expense— 1.7 — — — 1.7 — 1.7 
Treasury shares— — — (3.3)— (3.3)— (3.3)
Balance, March 31, 2022$119.5 $820.1 $(1,005.5)$(585.4)$(365.4)$(1,016.7)$8.1 $(1,008.6)
Net loss— — (199.2)— — (199.2)0.1 (199.1)
Other comprehensive loss— — — — (46.8)(46.8)2.3 (44.5)
Share-based compensation issued0.1 (0.3)— — — (0.2)— (0.2)
Share-based compensation expense— 5.2 — — — 5.2 — 5.2 
Treasury shares— — — — — — — — 
Balance, June 30, 2022$119.6 $825.0 $(1,204.7)$(585.4)$(412.2)$(1,257.7)$10.5 $(1,247.2)
Net loss— — (49.8)— — (49.8)(0.7)$(50.5)
Other comprehensive loss— — — — (24.6)(24.6)1.9 $(22.7)
Share-based compensation issued0.1 — — — — 0.1 — $0.1 
Share-based compensation expense— 2.7 — — — 2.7 — $2.7 
Treasury shares— — — (0.1)— (0.1)— $(0.1)
Balance, September 30, 2022$119.7 $827.7 $(1,254.5)$(585.5)$(436.8)$(1,329.4)$11.7 $(1,317.7)
Accumulated Other Comprehensive Income (Loss)Total Diebold Nixdorf, Incorporated Shareholders' Equity
Common SharesAdditional
Capital		Accumulated DeficitTreasury
Shares		Non-controlling
Interests		Total
Equity
Balance, December 31, 2020$116.9 $787.9 $(742.3)$(576.7)$(412.9)$(827.1)$(4.6)$(831.7)
Net income (loss)— — (8.1)— — (8.1)— (8.1)
Other comprehensive loss— — — — (30.9)(30.9)0.5 (30.4)
Share-based compensation issued1.1 (1.1)— — — — — — 
Share-based compensation expense— 3.5 — — — 3.5 — 3.5 
Treasury shares— — — (5.2)— (5.2)— (5.2)
Reclassifications of redeemable noncontrolling interest— 19.2 — — — 19.2 12.7 31.9 
Balance, March 31, 2021$118.0 $809.5 $(750.4)$(581.9)$(443.8)$(848.6)$8.6 $(840.0)
Net income (loss)— — (30.3)— — (30.3)— (30.3)
Other comprehensive loss— — — — 23.3 23.3 0.1 23.4 
Share-based compensation issued0.2 (0.2)— — — — — — 
Share-based compensation expense— 4.5 — — — 4.5 — 4.5 
Treasury shares— — — (0.2)— (0.2)— (0.2)
Balance, June 30, 2021$118.2 $813.8 $(780.7)$(582.1)$(420.5)$(851.3)$8.7 $(842.6)
Net income (loss)— — (2.1)— — (2.1)0.1 $(2.0)
Other comprehensive loss— — — — (23.5)(23.5)— $(23.5)
Share-based compensation issued— — — — — — — $— 
Share-based compensation expense— 4.6 — — — 4.6 — $4.6 
Treasury shares— — — — — — — $— 
Balance, September 30, 2021$118.2 $818.4 $(782.8)$(582.1)$(444.0)$(872.3)$8.8 $(863.5)
v3.22.2.2
Benefit Plans
 9 Months Ended
Sep. 30, 2022
Retirement Benefits [Abstract]  
BENEFIT PLANS Benefit Plans
Qualified Retirement Benefits. The Company has a qualified retirement plan covering certain U.S. employees that has been closed to new participants since 2003 and frozen since December 2013.

The Company has a number of non-U.S. defined benefit plans covering eligible employees located predominately in Europe, the most significant of which are German plans. Benefits for these plans are based primarily on each employee's final salary, with annual adjustments for inflation. The obligations in Germany consist of employer funded pension plans and deferred compensation plans. The employer funded pension plans are based upon direct performance-related commitments in terms of defined contribution plans. Each beneficiary receives, depending on individual pay-scale grouping, contractual classification, or income level, different yearly contributions. The contribution is multiplied by an age factor appropriate to the respective pension plan and credited to the individual retirement account of the employee. The retirement accounts may be used up at retirement by either a one-time lump-sum payout or payments of up to ten years.

The Company has other defined benefit plans outside the U.S., which have not been mentioned here due to materiality.

Supplemental Executive Retirement Benefits. The Company has non-qualified pension plans in the U.S. to provide supplemental retirement benefits to certain officers, which have also been frozen since December 2013. Benefits are payable at retirement based upon a percentage of the participant’s compensation, as defined.

Other Benefits. In addition to providing retirement benefits, the Company provides post-retirement healthcare and life insurance benefits (referred to as other benefits) for certain retired employees. Retired eligible employees in the U.S. may be entitled to these benefits based upon years of service with the Company, age at retirement and collective bargaining agreements. There are no plan assets and the Company funds the benefits as the claims are paid. The post-retirement benefit obligation was determined by application of the terms of medical and life insurance plans together with relevant actuarial assumptions and healthcare cost trend rates.
The following tables set forth the change in benefit obligation, change in plan assets, funded status, consolidated balance sheet presentation and net periodic benefit cost for the Company’s defined benefit pension plans and other benefits at and for the three and nine months ended September 30, 2022 and September 30, 2021, respectively:
Three months ended
Pension Benefits
U.S. PlansNon-U.S. PlansOther Benefits
202220212022202120222021
Components of net periodic benefit cost
Service cost$— $0.8 $2.4 $2.5 $— $0.1 
Interest cost4.5 4.0 1.1 0.7 0.1 0.1 
Expected return on plan assets(4.3)(6.4)(3.8)(3.8)— — 
Recognized net actuarial loss (gain)0.2 2.2 (0.4)0.8 (0.1)0.1 
Amortization of prior service cost— — (0.1)(0.1)— — 
Settlement (gain) / loss recognized14.3 — — — — — 
Net periodic pension benefit cost$14.7 $0.6 $(0.8)$0.1 $— $0.3 
Nine months ended
Pension Benefits
U.S. PlansNon-U.S. PlansOther Benefits
202220212022202120222021
Components of net periodic benefit cost
Service cost$— $2.4 $7.1 $7.6 $— $0.1 
Interest cost13.0 11.9 3.3 2.2 0.2 0.5 
Expected return on plan assets(15.9)(19.1)(11.6)(11.3)— — 
Recognized net actuarial loss (gain)3.3 6.7 (1.3)0.9 (0.3)0.2 
Amortization of prior service cost— — (0.3)(0.1)— — 
Settlement (gain) / loss recognized14.3 — — — — — 
Net periodic pension benefit cost$14.7 $1.9 $(2.8)$(0.7)$(0.1)$0.8 

Contributions

For the nine months ended September 30, 2022 and September 30, 2021, contributions of $27.6 and $23.6, respectively, were made to the qualified and non-qualified pension plans. The Company received reimbursements of $17.0 and $16.4 for certain benefits paid from its German plan trustee during May 2022 and June 2021, respectively.

Settlements

In the third quarter of 2022, the U.S. Pension Plan executed a settlement agreement, reducing benefit obligations by $82.4. As a result of the settlement, the Company recognized a non-cash expense of $14.3 which is reported in miscellaneous, net on the condensed consolidated statement of operations.
v3.22.2.2
Derivative Instruments and Hedging Activities
 9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Derivative Instruments and Hedging Activities
The Company is exposed to certain risks arising from both its business operations and economic conditions and manages certain economic risks, including interest rate and foreign exchange rate risk, through the use of derivative financial instruments. The Company's interest rate derivatives are used to manage interest expense on variable interest rate borrowings.

The following table summarizes the gain (loss) recognized on derivative instruments:
Derivative instrumentClassification on condensed consolidated statements of operationsThree months endedNine months ended
September 30September 30
2022202120222021
Interest rate swaps and non-designated hedgesInterest expense$(0.5)$(2.1)$(4.1)$(6.2)
Foreign exchange forward contracts and cash flow hedgesNet sales(0.1)— (0.1)— 
Foreign exchange forward contracts and cash flow hedgesCost of sales(0.2)0.3 (0.6)0.3 
Foreign exchange forward contracts and cash flow hedgesForeign exchange gain (loss), net— (0.4)— (4.5)
Total$(0.8)$(2.2)$(4.8)$(10.4)

Foreign Exchange

Non-Designated Hedges A substantial portion of the Company’s operations and revenues are international. As a result, changes in foreign exchange rates can create substantial foreign exchange gains and losses from the revaluation of non-functional currency monetary assets and liabilities. The Company’s policy allows the use of foreign exchange forward contracts with maturities of up to 24 months to mitigate the impact of currency fluctuations on those foreign currency asset and liability balances. The Company elected not to apply hedge accounting to its foreign exchange forward contracts. Thus, spot-based gains/losses offset revaluation gains/losses within foreign exchange loss, net and forward-based gains/losses represent interest expense or income.

Interest Rate

Cash Flow Hedges The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. Amounts reported in AOCI related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. The Company estimates that a minimal amount will be reclassified as a decrease to interest expense over the next year.

In March 2020 and September 2019, the Company entered into multiple pay-fixed receive-variable interest rate swaps with aggregate notional amounts of $250.0 and $500.0, respectively. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in AOCI and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the changes in fair value of the derivatives is recognized directly in earnings.

As a result of the Company's refinancing activities in July 2020 (refer to Note 9), the Company terminated $625.0 of interest rate hedges resulting in a termination payout of $6.2.

The Company does not use derivatives for trading or speculative purposes and currently does not have any additional derivatives that are not designated as hedges.
v3.22.2.2
Fair Value of Assets and Liabilities
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
FAIR VALUE OF ASSETS AND LIABILITIES Fair Value of Assets and Liabilities
Assets and Liabilities Recorded at Fair Value

Assets and liabilities subject to fair value measurement by fair value level and recorded as follows:
 September 30, 2022December 31, 2021
  Fair Value Measurements Using Fair Value Measurements Using
 Classification on condensed consolidated Balance SheetsFair ValueLevel 1Level 2Fair ValueLevel 1Level 2
Assets
Short-term investments
Certificates of depositShort-term investments$14.6 $14.6 $— $34.3 $34.3 $— 
Assets held in rabbi trustsSecurities and other investments4.5 4.5 — 7.0 7.0 — 
Foreign exchange forward contractsOther current assets— — — 0.1 — 0.1 
Total$19.1 $19.1 $— $41.4 $41.3 $0.1 
Liabilities
Foreign exchange forward contractsOther current liabilities$— $— $— $0.1 $— $0.1 
Interest rate swaps - short termOther current liabilities— — — 2.8 — 2.8 
Deferred compensationOther liabilities4.5 4.5 — 7.0 7.0 — 
Total$4.5 $4.5 $— $9.9 $7.0 $2.9 

The Company uses the end of period when determining the timing of transfers between levels. During each of the nine months ended September 30, 2022 and 2021, there were no transfers between levels.

The fair value and carrying value of the Company's debt instruments are summarized as follows:
 September 30, 2022December 31, 2021
 Fair ValueCarrying
Value		Fair ValueCarrying
Value
2023 Term Loan B Facility - USD$309.8 $381.6 $381.9 385.8 
2023 Term Loan B Facilty - EUR$264.3 $323.8 $375.2 380.3 
2024 Senior Notes$230.0 $400.0 $401.0 $400.0 
2025 Senior Secured Notes - USD$532.0 $700.0 $745.5 $700.0 
2025 Senior Secured Notes - EUR$262.7 $341.2 $423.7 $396.4 

Refer to Note 9 for further details surrounding the Company's debt as of September 30, 2022 compared to December 31, 2021. Additionally, the Company would remeasure certain assets at fair value, using Level 3 measurements, as a result of the occurrence of triggering events.
v3.22.2.2
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES Commitments and Contingencies
Indirect Tax Contingencies

The Company accrues for indirect tax matters when management believes that a loss is probable and the amounts can be reasonably estimated, while contingent gains are recognized only when realized. In the event any losses are sustained in excess of accruals, they are charged against income. In evaluating indirect tax matters, management takes into consideration factors such as historical experience with matters of similar nature, specific facts and circumstances and the likelihood of prevailing. Management evaluates and updates accruals as matters progress over time. It is reasonably possible that some of the matters for which accruals have not been established could be decided unfavorably to the Company and could require recognizing future expenditures. Also, statutes of limitations could expire without the Company paying the taxes for matters for which accruals have been established, which could result in the recognition of future gains upon reversal of accruals at that time.

At September 30, 2022, the Company was a party to several routine indirect tax claims from various taxing authorities globally that were incurred in the normal course of business, which neither individually nor in the aggregate are considered material by management in relation to the Company’s financial position or results of operations. In management’s opinion, the condensed consolidated financial statements would not be materially affected by the outcome of these indirect tax claims and/or proceedings or asserted claims.

A loss contingency is reasonably possible if it has a more than remote but less than probable chance of occurring. Although management believes the Company has valid defenses with respect to its indirect tax positions, it is reasonably possible that a loss could occur in excess of the estimated liabilities. The Company estimated the aggregate risk at September 30, 2022 to be up to $51.4 for its material indirect tax matters. The aggregate risk related to indirect taxes is adjusted as the applicable statutes of limitations expire.

Legal Contingencies

At September 30, 2022, the Company was a party to several lawsuits that were incurred in the normal course of business, which neither individually nor in the aggregate were considered material by management in relation to the Company’s financial position or results of operations. In management’s opinion, the Company's condensed consolidated financial statements would not be materially affected by the outcome of these legal proceedings or asserted claims.

In addition to these normal course of business litigation matters, the Company is a party to the proceedings described below:

Diebold Nixdorf Holding Germany GmbH, formerly Diebold Nixdorf Holding Germany Inc. & Co. KGaA (Diebold KGaA), is a party to two separate appraisal proceedings (Spruchverfahren) in connection with the purchase of all shares in its former listed subsidiary, Diebold Nixdorf AG. Both proceedings are pending at the same Chamber for Commercial Matters (Kammer für Handelssachen) at the District Court (Landgericht) of Dortmund (Germany). The first appraisal proceeding relates to the Domination and Profit Loss Transfer Agreement (DPLTA) entered into by Diebold KGaA and former Diebold Nixdorf AG, which became effective on February 17, 2017. The DPLTA appraisal proceeding was filed by minority shareholders of Diebold Nixdorf AG challenging the adequacy of both the cash exit compensation of €55.02 per Diebold Nixdorf AG share (of which 6.9 million shares were then outstanding) and the annual recurring compensation of €2.82 per Diebold Nixdorf AG share offered in connection with the DPLTA.

The second appraisal proceeding relates to the cash merger squeeze-out of minority shareholders of Diebold Nixdorf AG in 2019. The squeeze-out appraisal proceeding was filed by minority shareholders of Diebold Nixdorf AG challenging the adequacy of the cash exit compensation of €54.80 per Diebold Nixdorf AG share (of which 1.4 million shares were then outstanding) in connection with the merger squeeze-out.

In both appraisal proceedings, a court ruling would apply to all Diebold Nixdorf AG shares outstanding at the time when the DPLTA or the merger squeeze-out, respectively, became effective. Any cash compensation received by former Diebold Nixdorf AG shareholders in connection with the merger squeeze-out would be netted with any higher cash compensation such shareholder may still claim in connection with the DPLTA appraisal proceeding.
In the second quarter of 2022, the District Court of Dortmund dismissed all claims to increase the cash compensation in the DPLTA appraisal proceedings. This first instance decision, however, is not final as some of the plaintiffs filed appeals. The Company believes that the compensation offered in connection with the DPLTA and the merger squeeze-out was in both cases fair and that the decision of the District Court of Dortmund in the DPLTA appraisal proceedings validates its position. German courts often adjudicate increases of the cash compensation to plaintiffs in varying amounts in connection with German appraisal proceedings. Therefore, the Company cannot rule out that a court may increase the cash compensation in these appraisal proceedings. The Company, however, is convinced that its defense in both appraisal proceedings is supported by strong sets of facts and the Company will continue to vigorously defend itself in these matters.

Bank Guarantees, Standby Letters of Credit, and Surety Bonds
In the ordinary course of business, the Company may issue performance guarantees on behalf of its subsidiaries to certain customers and other parties. Some of those guarantees may be backed by standby letters of credit, surety bonds, or similar instruments. In general, under the guarantees, the Company would be obligated to perform, or cause performance, over the term of the underlying contract in the event of an unexcused, uncured breach by its subsidiary, or some other specified triggering event, in each case as defined by the applicable guarantee. At September 30, 2022, the maximum future contractual obligations relative to these various guarantees totaled $161.8, of which $24.0 represented standby letters of credit to insurance providers, and no associated liability was recorded. At December 31, 2021, the maximum future payment obligations relative to these various guarantees totaled $155.6, of which $24.0 represented standby letters of credit to insurance providers, and no associated liability was recorded.
v3.22.2.2
Revenue from Contract with Customer
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer
Note 17: Revenue Recognition

A performance obligation is a contractual promise to transfer a distinct good or service to the customer. A contract's transaction price is allocated to each distinct performance obligation and is recognized as revenue when (point in time) or as (over time) the performance obligation is satisfied. The following table represents the percentage of revenue recognized either at a point in time or over time:
Nine months ended
September 30
Timing of revenue recognition20222021
Products transferred at a point in time37 %39 %
Products and services transferred over time63 %61 %
Net sales100 %100 %

Contract balances

Contract assets are the rights to consideration in exchange for goods or services that the Company has transferred to a customer when that right is conditional on something other than the passage of time. Contract assets of the Company primarily relate to the Company's rights to consideration for goods shipped and services provided but not contractually billable at the reporting date.

The contract assets are reclassified into the receivables balance when the rights to receive payment become unconditional. Contract liabilities are recorded for any services billed to customers and not yet recognizable if the contract period has commenced or for the amount collected from customers in advance of the contract period commencing. In addition, contract liabilities are recorded as advanced payments for products and other deliverables that are billed to and collected from customers prior to revenue being recognizable. Contract assets are minimal for the periods presented.
The following table provides information about receivables and deferred revenue, which represent contract liabilities from contracts with customers:
Contract balance informationTrade receivablesContract liabilities
Balance at December 31, 2021$595.2 $322.4 
Balance at September 30, 2022$537.6 $316.1 

There have been $15.5 and $9.3 during the nine months ended September 30, 2022 and 2021, respectively, of impairment losses recognized as bad debt related to receivables or contract assets arising from the Company's contracts with customers.

As of December 31, 2021, the Company had $322.4 of unrecognized deferred revenue constituting the remaining performance obligations that are unsatisfied (or partially unsatisfied). During the nine months ended September 30, 2022, the Company recognized revenue of $201.6 related to the Company's deferred revenue balance at December 31, 2021.

Transaction price allocated to the remaining performance obligations
As of September 30, 2022, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $1,400. The Company generally expects to recognize revenue on the remaining performance obligations over the next twelve months. The Company enters into service agreements with cancellable terms after a certain period without penalty. Unsatisfied obligations reflect only the obligation during the initial term. The Company applies the practical expedient in ASC paragraph 606-10-50-14 and does not disclose information about remaining performance obligations that have original expected durations of one year or less.
v3.22.2.2
Finance Lease Receivables
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Lessor, Direct Financing Leases Finance Lease Receivables
Under certain circumstances, the Company provides financing arrangements to customers that are largely classified and accounted for as sales-type leases. The Company records interest income and any fees or costs related to financing receivables using the effective interest method over the term of the lease.

The following table presents the components of finance lease receivables:
September 30, 2022December 31, 2021
Gross minimum lease receivables$28.7 $39.5 
Allowance for credit losses(0.2)(0.3)
Estimated unguaranteed residual values— 0.1 
28.5 39.3 
Less:
Unearned interest income(1.6)(1.2)
Total$26.9 $38.1 

Future minimum payments due from customers under finance lease receivables as of September 30, 2022 are as follows:
2022$2.7 
20238.7 
20244.3 
20254.6 
20264.1 
Thereafter4.3 
$28.7 
There were no significant changes in provision for credit losses, recoveries and write-offs during the nine months ended September 30, 2022 or 2021.
v3.22.2.2
Segment Information
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
Note 19: Segment Information

During the second quarter of 2022, the Company appointed a new Chief Executive Officer and announced an organizational simplification initiative. In connection with those events, the Company's reportable segments are no longer Americas Banking, Eurasia Banking and Retail, and instead the reportable operating segments are the following: Banking and Retail. Under the simplified organization and related restructuring discussed in Note 8, the Company does not have regionally focused direct reports to the CODM, and the CODM analyzes Banking and Retail on a global basis and not based on regional profitability metrics.

The Company's new reportable segment information below directly aligns with how the recently appointed Chief Executive Officer, who is also the CODM, regularly reviews results to make decisions, allocate resources and assess performance. The new Banking segment's sales and cost of sales are the summation of the legacy Americas Banking and Eurasia Banking's sales and cost of sales. The Company will continually consider its operating structure and the information subject to regular review.

Segment operating profit (loss) as disclosed herein is consistent with the segment profit or loss measure used by the CODM and does not include corporate charges, amortization of acquired intangible assets, asset impairment, restructuring and transformation charges, the results of the held-for-sale European retail business, or other non-routine, unusual or infrequently occurring items, as the CODM does not regularly review and use such financial measures to make decisions, allocate resources and assess performance.

Segment revenue represents revenues from sales to external customers. Segment operating profit is defined as revenues less expenses directly attributable to the segments. The Company does not allocate to its segments certain operating expenses which are managed at the headquarters level; that are not used in the management of the segments, not segment-specific, and impractical to allocate. In some cases the allocation of corporate charges has changed from the legacy structure to the new structure, but prior periods have been recast to conform to the new presentation. Segment operating profit reconciles to consolidated income (loss) before income taxes by deducting items that are not attributed to the segments and which are managed independently of segment results. 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 and depreciation and amortization expense by reportable operating segment.
The following tables present information regarding the Company’s segment performance and provide a reconciliation between segment operating profit and the consolidated income (loss) before income taxes:
Three months endedNine months ended
September 30September 30
 2022202120222021
Net sales summary by segment
Banking$580.3 $670.1 $1,733.3 $1,948.1 
Retail225.0 288.1 742.4 897.5 
Held for sale non-core European retail business(7)
5.1 — 16.2 — 
Total revenue$810.4 $958.2 $2,491.9 $2,845.6 
Segment operating profit
Banking$83.1 $109.6 $209.4 $320.3 
Retail31.1 43.6 90.0 124.9 
Total segment operating profit114.2 153.2 299.4 445.2 
Corporate charges not allocated to segments (1)
(54.2)(71.9)(188.0)(221.9)
Impairment of assets (2)
(4.1)(0.3)(64.7)(0.3)
Amortization of Wincor Nixdorf purchase accounting intangible assets(3)
(16.6)(19.5)(52.8)(59.3)
Restructuring and transformation expenses(4)
(20.7)(20.9)(98.9)(74.4)
Refinancing related costs(5)
(13.4)— (13.4)— 
Net non-routine expense(6)
5.3 (1.9)(34.3)(1.5)
Held for sale non-core European retail business(7)
(5.0)— (16.7)— 
(108.7)(114.5)(468.8)(357.4)
Operating profit (loss)5.5 38.7 (169.4)87.8 
Other income (expense)(51.5)(41.3)(142.1)(137.2)
Loss before taxes$(46.0)$(2.6)$(311.5)$(49.4)
(1)    Corporate charges not allocated to segments include headquarter-based costs associated primarily with human resources, finance, IT and legal that are not directly attributable to a particular segment and are separately assessed by the CODM for purposes of making decisions, assessing performance and allocating resources.
(2)    Refer to Notes 20 and 21 for further information on the impairment charges taken in the first and second quarters of 2022. During the third quarter of 2022, and in connection with the organizational simplification, $4.1 of German capitalized software was identified as impaired.
(3)    The amortization of purchase accounting intangible assets is not included in the segment results used by the CODM to make decisions, allocate resources or assess performance.
(4)    Refer to Note 8: Restructuring for further information. Consistent with the historical reportable segment structure, restructuring and transformation costs are not assigned to the segments, and are separately analyzed by the CODM.
(5)    Refinancing related costs are fees earned by our advisors and the advisors of our potential lenders. As these costs were incurred prior to September 30, 2022, at which point an agreement with respect to a debt refinancing remained under negotiation and subject to material changes, these costs are not considered directly attributable to the Transaction Support Agreement and thus are accounted for as period expense.
(6)    Net non-routine expense consists of items that the Company has determined are non-routine in nature and not allocated to the reportable operating segments as they are not included in the measure used by the CODM to make decisions, allocate resources and assess performance. Net non-routine expense for the three months ended September 30, 2022 related primarily to gains made on divestitures of certain assets. Net non-routine expense for the nine months ended September 30, 2022 primarily consisted of inventory charges related to legacy product of $34.4 which management determined would no longer be sold as part of a product portfolio consolidation connected with the organizational simplification. Also included in net non-routine expense are charges related to the wind-down of our operations in Russia and Ukraine as discuss in Note 21 and charges related to mergers, acquisitions and divestitures.
(7)    Held for sale non-core European retail business represents the revenue and operating profit of a business that has been classified as held for sale for all of the periods presented, but which was removed in 2022 from the retail segment's information used by the CODM to make decisions, assess performance and allocate resources, and now is individually analyzed. This change and timing thereof aligns with the build-out of a data center that makes the entity capable of operating autonomously and is consistent with material provided in connection with our refinancing effort which are exclusive of this entity. The presentation in the periods ended September 30, 2022 and 2021 is consistent with management reporting. Total revenue generated by this business was $5.1 and $16.2 in the three and nine month periods ended September 30, 2022, compared to $4.6 and $18.1 for the three and nine month periods ended September 30, 2021. Operating loss generated by this business was $5.0 and $16.7 in the three and nine month periods ended September 30, 2022, compared to $2.8 and $10.3 for the three and nine month periods ended September 30, 2021.
The following table presents information regarding the Company’s segment net sales by service and product solution:
Three months endedNine months ended
September 30September 30
2022202120222021
Segments
Banking
Services$379.9 $414.6 $1,152.9 $1,255.9 
Products200.4 255.5 580.4 692.2 
Total Banking580.3 670.1 1,733.3 1,948.1 
Retail
Services130.4 147.1 405.6 466.1 
Products94.6 141.0 336.8 431.4 
Total Retail225.0 288.1 742.4 897.5 
Held for sale non-core European retail business
Services4.0 — 7.4 — 
Products1.1 — 8.8 — 
Total revenue $810.4 $958.2 $2,491.9 $2,845.6 
v3.22.2.2
Research and Development
 3 Months Ended
Sep. 30, 2022
Research and Development [Abstract]  
Research, Development, and Computer Software Disclosure
Note 20: Cloud Implementation

At December 31, 2021, the Company had capitalized $50.7 of cloud implementation costs, which are presented in the Other assets caption of the condensed consolidated balance sheet. During the first quarter of 2022, the Company impaired $38.4 of capitalized cloud implementation costs related to a cloud-based North American enterprise resource planning (ERP) system, which was intended to replace the on premise ERP currently in use. In connection with the executive transition that took place in the first quarter of 2022 and the culmination of related process optimization workshops in March 2022, the Company made the decision to indefinitely suspend the cloud-based North America ERP implementation, which was going to require significant additional investment before it could function as well as our current North America ERP, and to instead focus the Company's ERP implementation efforts on the distribution subsidiaries, which can better leverage the standardization and simplification initiatives connected with the cloud-based implementation. As a result of the completed process optimization walkthroughs, the Company determined that the customizations already built for the North America ERP should not be leveraged at the distribution subsidiaries which require more streamlined and scalable process flows.

At September 30, 2022, the Company had a net book value of capitalized cloud implementation costs of $18.9, which relates to a combination of the distribution subsidiary ERP and corporate tools to support business operations.
Amortization of cloud implementation fees totaled $0.6 and $1.6 in the three and nine months ended September 30, 2022, respectively, and $0.3 and $0.5 in the three and nine months ended September 30, 2021, respectively. These fees are expensed over the term of the cloud computing arrangement, and the expense is required to be recognized in the same line item in the income statement as the associated hosting service expenses.
v3.22.2.2
Subsequent Events
 9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events
Note 21: War in Ukraine

The Company has a Russian distribution subsidiary that generated approximately $45.0 in revenue and $5.0 in operating profit in 2021. Due to the economic sanctions levied on and developing economic conditions in Russia, the Company is making progress towards liquidating the distribution subsidiary.

Additionally, the Company has distribution partners in Russia, Ukraine and Belarus that generated approximately $35.0 in revenue and $5.0 in gross profit in 2021. Due to the Russian incursion into Ukraine and the related economic sanctions, the prospect of re-establishing revenue from these relationships is currently uncertain.

Based on the circumstances outlined above, the Company recorded an impairment charge of $16.8 in the first quarter of 2022, inclusive of trade receivables from customers in the region that are doubtful of being collected, inventory specifically for customers in the region and various other assets that are not recoverable.
The war in Ukraine has had implication on logistic routes, which is one of several macroeconomic conditions that is negatively impacting our supply chain. We are not particularly reliant on specific suppliers based in the affected areas, but circumvention has impacted lead times of inbound product. Management has identified elevated cybersecurity risk related to the matter, and has implemented mitigation strategies. The net cost of these risks in addition to the aforementioned liquidation, management of economic sanctions, humanitarian efforts and other related expenditures offset with certain recoveries was not material during the three and nine month periods ended September 30, 2022.
v3.22.2.2
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of earnings per share under the treasury stock method and the effect on the weighted-average number of shares of dilutive potential common stock:
The following table represents amounts used in computing earnings (loss) per share and the effect on the weighted-average number of shares of dilutive potential common shares:
Three months endedNine months ended
September 30September 30
2022202120222021
Numerator
Income (loss) used in basic and diluted loss per share
Net loss$(50.5)$(2.0)$(433.5)$(40.4)
Net income (loss) attributable to noncontrolling interests(0.7)0.1 (1.4)0.1 
Net loss attributable to Diebold Nixdorf, Incorporated$(49.8)$(2.1)$(432.1)$(40.5)
Denominator
Weighted-average number of common shares used in basic and diluted loss per share (1)
79.1 78.3 78.9 78.2 
Net loss attributable to Diebold Nixdorf, Incorporated
Basic and diluted loss per share$(0.63)$(0.03)$(5.48)$(0.52)
(1)Shares of 4.1 and 4.0 for the three months ended September 30, 2022 and 2021, respectively, and 4.2 and 3.5 for the nine months ended September 30, 2022 and 2021, respectively, are excluded from the computation of diluted earnings per share because the effects are anti-dilutive, irrespective of the net loss position.
v3.22.2.2
Inventories (Tables)
 9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Major classes of inventories
Major classes of inventories are summarized as follows:
September 30, 2022December 31, 2021
Raw materials and work in process$254.8 $194.1 
Finished goods254.2 180.3 
Total product inventories509.0 374.4 
Service parts157.2 169.8 
Total inventories$666.2 $544.2 
v3.22.2.2
Investments (Tables)
 9 Months Ended
Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Investment
The Company’s investments subject to fair value measurement consist of the following:
Cost BasisUnrealized
Gain / (Loss)		Fair Value
As of September 30, 2022
Short-term investments
Certificates of deposit$14.6 $— $14.6 
Long-term investments
Assets held in a rabbi trust$4.5 $4.5 
As of December 31, 2021
Short-term investments
Certificates of deposit$34.3 $— $34.3 
Long-term investments
Assets held in a rabbi trust$5.4 $1.6 $7.0 
v3.22.2.2
Goodwill and Other Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
In addition to the quantitative goodwill impairment test, the Company also performed a reassignment of the goodwill to the new reporting units using a relative fair value allocation approach required by ASC 350. The results of that reassignment are included in the summary below.

Legacy Reporting UnitsNew Reporting Unit
Eurasia BankingAmericas BankingBankingRetailTotal
Goodwill$590.4 $444.7 $— $236.2 $1,271.3 
Accumulated impairment(291.7)(122.0)— (57.2)(470.9)
Balance at January 1, 2021$298.7 $322.7 $— $179.0 $800.4 
Divestitures— — — (3.3)(3.3)
Currency translation adjustment(29.0)(4.6)— (19.9)(53.5)
Goodwill$561.4 $440.1 $— $213.0 $1,214.5 
Accumulated impairment(291.7)(122.0)— (57.2)(470.9)
Balance at December 31, 2021$269.7 $318.1 $— $155.8 $743.6 
Currency translation adjustment(6.3)(1.0)— (4.4)(11.7)
Goodwill$555.1 $439.1 $— $208.6 $1,202.8 
Currency translation adjustment— — (55.4)(26.9)(82.3)
Goodwill reassignment(555.1)(439.1)922.2 72.0 — 
Goodwill$— $— $866.8 $253.7 $1,120.5 
Accumulated impairment reassignment291.7 122.0 (413.7)— — 
Accumulated impairment$— $— $(413.7)$(57.2)$(470.9)
Balance at September 30, 2022$— $— $453.1 $196.5 $649.6 
Schedule Of Intangible Assets [Table Text Block]
The following summarizes information on intangible assets by major category:
September 30, 2022December 31, 2021
Weighted-average remaining useful livesGross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying Amount		Accumulated
Amortization		Net
Carrying
Amount
Customer relationships, net3.4 years$605.3 $(394.0)$211.3 $703.3 $(401.6)$301.7 
Capitalized Software Development1.9 years227.9 (189.4)38.5 228.1 (184.9)43.2 
Development costs non-software0.8 years46.3 (44.0)2.3 51.8 (51.6)0.2 
Other intangibles5.2 years46.1 (44.0)2.1 50.8 (48.4)2.4 
Other intangible assets, net320.3 (277.4)42.9 330.7 (284.9)45.8 
Total$925.6 $(671.4)$254.2 $1,034.0 $(686.5)$347.5 
Schedule Of Capitalized Software Development
The following table identifies the activity relating to total capitalized software development:

20222021
Beginning balance as of January 1$43.2 $38.0 
Capitalization24.0 21.6 
Amortization(19.7)(17.7)
CTA, transferred to held-for-sale, impaired, other(9.0)(0.4)
Ending balance as of September 30$38.5 $41.5 
v3.22.2.2
Guarantees and Product Warranties (Tables)
 9 Months Ended
Sep. 30, 2022
Guarantees and Product Warranties Disclosure [Abstract]  
Changes in warranty liability balance
Changes in the Company’s warranty liability balance are illustrated in the following table:
20222021
Beginning balance as of January 1$36.3 $38.6 
Current period accruals12.2 16.1 
Current period settlements(17.0)(17.5)
Currency translation adjustment(2.6)(2.4)
Ending balance as of September 30$28.9 $34.8 
v3.22.2.2
Restructuring (Tables)
 9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following table summarizes the impact of the Company’s restructuring and transformation charges on the consolidated statements of operations:
Three months endedNine months ended
September 30September 30
 2022202120222021
Cost of sales – services$3.0 $— $7.4 $10.1 
Cost of sales – products1.3 — 10.0 1.6 
Selling and administrative expense13.9 — 71.7 11.7 
Research, development and engineering expense2.5 — 9.8 (0.3)
Total$20.7 $— $98.9 $23.1 
Restructuring accrual balances and related activity
The following table summarizes the Company’s severance accrual balance and related activity:
20222021
Beginning balance as of January 1$35.3 $62.9 
Severance Accruals54.9 10.3 
Payouts/Settlements(35.6)(29.5)
Other(0.3)(4.9)
Ending balance as of September 30$54.3 $38.8 
v3.22.2.2
Debt (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Outstanding Debt Balances
Outstanding debt balances were as follows:
September 30, 2022December 31, 2021
Notes payable (maturities between September 30, 2022 and September 30, 2023)
Uncommitted lines of credit$9.2 $1.6 
2023 Revolving Facility300.9 35.9 
2023 Term Loan B Facility - USD4.8 4.8 
2023 Term Loan B Facility - Euro4.0 4.7 
Other0.2 0.3 
$319.1 $47.3 
Short-term deferred financing fees(0.6)(0.2)
$318.5 $47.1 
Debt with maturities subsequent to September 30, 2023; classified as current for the period ended September 30, 2022 (refer to discussion below)
2023 Revolving Facility$— $25.0 
2023 Term Loan B Facility - USD376.8 381.0 
2023 Term Loan B Facility - Euro319.8 375.6 
2024 Senior Notes400.0 400.0 
2025 Senior Secured Notes - USD700.0 700.0 
2025 Senior Secured Notes - EUR341.2 396.4 
Other3.8 4.2 
$2,141.6 $2,282.2 
Deferred financing fees(24.5)(36.6)
$2,117.1 $2,245.6 
Schedule Of Cash Flows Related To Debt Borrowings And Repayments [Table Text Block]
The cash flows related to debt borrowings and repayments were as follows:
 Nine months ended
September 30
 20222021
Revolving credit facility borrowings$512.0 $468.0 
Revolving credit facility repayments$(272.0)$(280.1)
Other debt borrowings
International short-term uncommitted lines of credit borrowings$12.4 $9.9 
Other debt repayments
Payments on Term Loan B Facility - USD under the Credit Agreement$(4.2)$(3.5)
Payments on Term Loan B Facility - Euro under the Credit Agreement(3.8)(3.5)
International short-term uncommitted lines of credit and other repayments(4.3)(6.6)
$(12.3)$(13.6)
Schedule of Long-term Debt Instruments [Table Text Block]
Below is a summary of financing and replacement facilities information:
Financing and Replacement FacilitiesInterest Rate
Index and Margin		Maturity/Termination DatesInitial Term (Years)
Credit Agreement facilities
2023 Revolving Facility(ii, iv)
LIBOR + 4.50%July 20233.0
Term Loan B Facility - USD(i)
LIBOR + 2.75%November 20237.5
Term Loan B Facility - Euro(iii)
EURIBOR + 3.00%November 20237.5
2024 Senior Notes8.5%April 20248
2025 Senior Secured Notes - USD9.375%July 20255
2025 Senior Secured Notes - EUR9.0%July 20255
(i)LIBOR with a floor of 0.0%
(ii)LIBOR with a floor of 0.5%
(iii)EURIBOR with a floor of 0.0%
(iv)    The 2023 Revolving Facility margin remains at the LIBOR + 4.25% for a single creditor.
v3.22.2.2
Redeemable Noncontrolling Interests (Tables)
 9 Months Ended
Sep. 30, 2022
Redeemable Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interest [Table Text Block]
Changes in redeemable noncontrolling interests were as follows:
20222021
Beginning balance as of January 1$— $19.2 
Redemption value adjustment— — 
Termination of put option— (19.2)
Ending balance as of September 30$— $— 
v3.22.2.2
Equity (Tables)
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Changes in shareholders' equity attributable to Diebold, Incorporated and the noncontrolling interests
The following tables present changes in shareholders' equity attributable to Diebold Nixdorf, Incorporated and the noncontrolling interests:
Accumulated Other Comprehensive Income (Loss)Total Diebold Nixdorf, Incorporated Shareholders' Equity
Common SharesAdditional
Capital		Accumulated DeficitTreasury
Shares		Non-controlling
Interests		Total
Equity
Balance, December 31, 2021$118.3 $819.6 $(822.4)$(582.1)$(378.5)$(845.1)$8.1 $(837.0)
Net loss— — (183.1)— — (183.1)(0.8)(183.9)
Other comprehensive loss— — — — 13.1 13.1 0.8 13.9 
Share-based compensation issued1.2 (1.2)— — — — — — 
Share-based compensation expense— 1.7 — — — 1.7 — 1.7 
Treasury shares— — — (3.3)— (3.3)— (3.3)
Balance, March 31, 2022$119.5 $820.1 $(1,005.5)$(585.4)$(365.4)$(1,016.7)$8.1 $(1,008.6)
Net loss— — (199.2)— — (199.2)0.1 (199.1)
Other comprehensive loss— — — — (46.8)(46.8)2.3 (44.5)
Share-based compensation issued0.1 (0.3)— — — (0.2)— (0.2)
Share-based compensation expense— 5.2 — — — 5.2 — 5.2 
Treasury shares— — — — — — — — 
Balance, June 30, 2022$119.6 $825.0 $(1,204.7)$(585.4)$(412.2)$(1,257.7)$10.5 $(1,247.2)
Net loss— — (49.8)— — (49.8)(0.7)$(50.5)
Other comprehensive loss— — — — (24.6)(24.6)1.9 $(22.7)
Share-based compensation issued0.1 — — — — 0.1 — $0.1 
Share-based compensation expense— 2.7 — — — 2.7 — $2.7 
Treasury shares— — — (0.1)— (0.1)— $(0.1)
Balance, September 30, 2022$119.7 $827.7 $(1,254.5)$(585.5)$(436.8)$(1,329.4)$11.7 $(1,317.7)
Accumulated Other Comprehensive Income (Loss)Total Diebold Nixdorf, Incorporated Shareholders' Equity
Common SharesAdditional
Capital		Accumulated DeficitTreasury
Shares		Non-controlling
Interests		Total
Equity
Balance, December 31, 2020$116.9 $787.9 $(742.3)$(576.7)$(412.9)$(827.1)$(4.6)$(831.7)
Net income (loss)— — (8.1)— — (8.1)— (8.1)
Other comprehensive loss— — — — (30.9)(30.9)0.5 (30.4)
Share-based compensation issued1.1 (1.1)— — — — — — 
Share-based compensation expense— 3.5 — — — 3.5 — 3.5 
Treasury shares— — — (5.2)— (5.2)— (5.2)
Reclassifications of redeemable noncontrolling interest— 19.2 — — — 19.2 12.7 31.9 
Balance, March 31, 2021$118.0 $809.5 $(750.4)$(581.9)$(443.8)$(848.6)$8.6 $(840.0)
Net income (loss)— — (30.3)— — (30.3)— (30.3)
Other comprehensive loss— — — — 23.3 23.3 0.1 23.4 
Share-based compensation issued0.2 (0.2)— — — — — — 
Share-based compensation expense— 4.5 — — — 4.5 — 4.5 
Treasury shares— — — (0.2)— (0.2)— (0.2)
Balance, June 30, 2021$118.2 $813.8 $(780.7)$(582.1)$(420.5)$(851.3)$8.7 $(842.6)
Net income (loss)— — (2.1)— — (2.1)0.1 $(2.0)
Other comprehensive loss— — — — (23.5)(23.5)— $(23.5)
Share-based compensation issued— — — — — — — $— 
Share-based compensation expense— 4.6 — — — 4.6 — $4.6 
Treasury shares— — — — — — — $— 
Balance, September 30, 2021$118.2 $818.4 $(782.8)$(582.1)$(444.0)$(872.3)$8.8 $(863.5)
v3.22.2.2
Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended September 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at June 30, 2022`$(350.1)$(2.0)$4.5 $(63.8)$(0.8)$(412.2)
Other comprehensive income (loss) before reclassifications (1)
(38.1)0.1 0.5 — — (37.5)
Amounts reclassified from AOCI— — — 12.9 — 12.9 
Net current-period other comprehensive income (loss)(38.1)0.1 0.5 12.9 — (24.6)
Balance at September 30, 2022$(388.2)$(1.9)$5.0 $(50.9)$(0.8)$(436.8)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(1.9) of translation attributable to noncontrolling interests.
The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended September 30, 2021:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at June 30, 2021$(270.8)$(2.3)$(2.8)$(143.1)$(1.5)$(420.5)
Other comprehensive income (loss) before reclassifications (1)
(28.3)0.6 2.0 — — (25.7)
Amounts reclassified from AOCI— — (0.4)2.6 — 2.2 
Net current-period other comprehensive income (loss)(28.3)0.6 1.6 2.6 — (23.5)
Balance at September 30, 2021$(299.1)$(1.7)$(1.2)$(140.5)$(1.5)$(444.0)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes nominal of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the nine months ended September 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2022$(310.9)$(1.9)$0.4 $(64.6)$(1.5)$(378.5)
Other comprehensive income (loss) before reclassifications (1)
(77.3)— 5.2 — 0.7 (71.4)
Amounts reclassified from AOCI— — (0.6)13.7 — 13.1 
Net current-period other comprehensive income (loss)(77.3)— 4.6 13.7 0.7 (58.3)
Balance at September 30, 2022$(388.2)$(1.9)$5.0 $(50.9)$(0.8)$(436.8)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(5.0) of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the nine months ended September 30, 2021:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2021$(256.7)$(2.6)$(6.1)$(146.9)$(0.6)$(412.9)
Other comprehensive income (loss) before reclassifications (1)
(42.4)0.9 6.1 — (0.9)(36.3)
Amounts reclassified from AOCI— — (1.2)6.4 — 5.2 
Net current-period other comprehensive income (loss)(42.4)0.9 4.9 6.4 (0.9)(31.1)
Balance at September 30, 2021$(299.1)$(1.7)$(1.2)$(140.5)$(1.5)$(444.0)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(0.6) of translation attributable to noncontrolling interests.
The following table summarizes the details about the amounts reclassified from AOCI:
Reclassification out of Accumulated Other Comprehensive Income
Three months endedNine months endedAffected Line Item on the Statement of Operations
September 30September 30
2022202120222021
Interest rate hedge gain/(loss)$— $(0.4)$(0.6)$(1.2)Interest expense
Pension and post-retirement benefits:
Net actuarial (loss) gain amortized (net of tax of $(0.6), $0.5, $(1.0), and $1.4 respectively)(1.4)2.6 (0.6)6.4 Miscellaneous, net
Net actuarial losses recognized due to settlement (net of tax of $0.0, $0.0, $0.0 and $0.0, respectively)14.3 — 14.3 — Miscellaneous, net
Total reclassifications for the period$12.9 $2.2 $13.1 $5.2 
v3.22.2.2
Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2022
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost :
Three months ended
Pension Benefits
U.S. PlansNon-U.S. PlansOther Benefits
202220212022202120222021
Components of net periodic benefit cost
Service cost$— $0.8 $2.4 $2.5 $— $0.1 
Interest cost4.5 4.0 1.1 0.7 0.1 0.1 
Expected return on plan assets(4.3)(6.4)(3.8)(3.8)— — 
Recognized net actuarial loss (gain)0.2 2.2 (0.4)0.8 (0.1)0.1 
Amortization of prior service cost— — (0.1)(0.1)— — 
Settlement (gain) / loss recognized14.3 — — — — — 
Net periodic pension benefit cost$14.7 $0.6 $(0.8)$0.1 $— $0.3 
Nine months ended
Pension Benefits
U.S. PlansNon-U.S. PlansOther Benefits
202220212022202120222021
Components of net periodic benefit cost
Service cost$— $2.4 $7.1 $7.6 $— $0.1 
Interest cost13.0 11.9 3.3 2.2 0.2 0.5 
Expected return on plan assets(15.9)(19.1)(11.6)(11.3)— — 
Recognized net actuarial loss (gain)3.3 6.7 (1.3)0.9 (0.3)0.2 
Amortization of prior service cost— — (0.3)(0.1)— — 
Settlement (gain) / loss recognized14.3 — — — — — 
Net periodic pension benefit cost$14.7 $1.9 $(2.8)$(0.7)$(0.1)$0.8 
v3.22.2.2
Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Gain (loss) recognized on non-designated derivative instruments
The following table summarizes the gain (loss) recognized on derivative instruments:
Derivative instrumentClassification on condensed consolidated statements of operationsThree months endedNine months ended
September 30September 30
2022202120222021
Interest rate swaps and non-designated hedgesInterest expense$(0.5)$(2.1)$(4.1)$(6.2)
Foreign exchange forward contracts and cash flow hedgesNet sales(0.1)— (0.1)— 
Foreign exchange forward contracts and cash flow hedgesCost of sales(0.2)0.3 (0.6)0.3 
Foreign exchange forward contracts and cash flow hedgesForeign exchange gain (loss), net— (0.4)— (4.5)
Total$(0.8)$(2.2)$(4.8)$(10.4)
v3.22.2.2
Fair Value of Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Recorded at Fair Market Value
Assets and liabilities subject to fair value measurement by fair value level and recorded as follows:
 September 30, 2022December 31, 2021
  Fair Value Measurements Using Fair Value Measurements Using
 Classification on condensed consolidated Balance SheetsFair ValueLevel 1Level 2Fair ValueLevel 1Level 2
Assets
Short-term investments
Certificates of depositShort-term investments$14.6 $14.6 $— $34.3 $34.3 $— 
Assets held in rabbi trustsSecurities and other investments4.5 4.5 — 7.0 7.0 — 
Foreign exchange forward contractsOther current assets— — — 0.1 — 0.1 
Total$19.1 $19.1 $— $41.4 $41.3 $0.1 
Liabilities
Foreign exchange forward contractsOther current liabilities$— $— $— $0.1 $— $0.1 
Interest rate swaps - short termOther current liabilities— — — 2.8 — 2.8 
Deferred compensationOther liabilities4.5 4.5 — 7.0 7.0 — 
Total$4.5 $4.5 $— $9.9 $7.0 $2.9 
Fair value and carrying value of the Company's debt instruments
The fair value and carrying value of the Company's debt instruments are summarized as follows:
 September 30, 2022December 31, 2021
 Fair ValueCarrying
Value		Fair ValueCarrying
Value
2023 Term Loan B Facility - USD$309.8 $381.6 $381.9 385.8 
2023 Term Loan B Facilty - EUR$264.3 $323.8 $375.2 380.3 
2024 Senior Notes$230.0 $400.0 $401.0 $400.0 
2025 Senior Secured Notes - USD$532.0 $700.0 $745.5 $700.0 
2025 Senior Secured Notes - EUR$262.7 $341.2 $423.7 $396.4 
v3.22.2.2
Revenue from Contract with Customer (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] The following table represents the percentage of revenue recognized either at a point in time or over time:
Nine months ended
September 30
Timing of revenue recognition20222021
Products transferred at a point in time37 %39 %
Products and services transferred over time63 %61 %
Net sales100 %100 %
Contract with Customer, Asset and Liability [Table Text Block]
The following table provides information about receivables and deferred revenue, which represent contract liabilities from contracts with customers:
Contract balance informationTrade receivablesContract liabilities
Balance at December 31, 2021$595.2 $322.4 
Balance at September 30, 2022$537.6 $316.1 
v3.22.2.2
Finance Lease Receivables (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule Of Components For Finance Lease Receivables [Table Text Block]
The following table presents the components of finance lease receivables:
September 30, 2022December 31, 2021
Gross minimum lease receivables$28.7 $39.5 
Allowance for credit losses(0.2)(0.3)
Estimated unguaranteed residual values— 0.1 
28.5 39.3 
Less:
Unearned interest income(1.6)(1.2)
Total$26.9 $38.1 
Schedule of Financing Receivables, Minimum Payments [Table Text Block]
Future minimum payments due from customers under finance lease receivables as of September 30, 2022 are as follows:
2022$2.7 
20238.7 
20244.3 
20254.6 
20264.1 
Thereafter4.3 
$28.7 
v3.22.2.2
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Summary of Segment Information
The following tables present information regarding the Company’s segment performance and provide a reconciliation between segment operating profit and the consolidated income (loss) before income taxes:
Three months endedNine months ended
September 30September 30
 2022202120222021
Net sales summary by segment
Banking$580.3 $670.1 $1,733.3 $1,948.1 
Retail225.0 288.1 742.4 897.5 
Held for sale non-core European retail business(7)
5.1 — 16.2 — 
Total revenue$810.4 $958.2 $2,491.9 $2,845.6 
Segment operating profit
Banking$83.1 $109.6 $209.4 $320.3 
Retail31.1 43.6 90.0 124.9 
Total segment operating profit114.2 153.2 299.4 445.2 
Corporate charges not allocated to segments (1)
(54.2)(71.9)(188.0)(221.9)
Impairment of assets (2)
(4.1)(0.3)(64.7)(0.3)
Amortization of Wincor Nixdorf purchase accounting intangible assets(3)
(16.6)(19.5)(52.8)(59.3)
Restructuring and transformation expenses(4)
(20.7)(20.9)(98.9)(74.4)
Refinancing related costs(5)
(13.4)— (13.4)— 
Net non-routine expense(6)
5.3 (1.9)(34.3)(1.5)
Held for sale non-core European retail business(7)
(5.0)— (16.7)— 
(108.7)(114.5)(468.8)(357.4)
Operating profit (loss)5.5 38.7 (169.4)87.8 
Other income (expense)(51.5)(41.3)(142.1)(137.2)
Loss before taxes$(46.0)$(2.6)$(311.5)$(49.4)
(1)    Corporate charges not allocated to segments include headquarter-based costs associated primarily with human resources, finance, IT and legal that are not directly attributable to a particular segment and are separately assessed by the CODM for purposes of making decisions, assessing performance and allocating resources.
(2)    Refer to Notes 20 and 21 for further information on the impairment charges taken in the first and second quarters of 2022. During the third quarter of 2022, and in connection with the organizational simplification, $4.1 of German capitalized software was identified as impaired.
(3)    The amortization of purchase accounting intangible assets is not included in the segment results used by the CODM to make decisions, allocate resources or assess performance.
(4)    Refer to Note 8: Restructuring for further information. Consistent with the historical reportable segment structure, restructuring and transformation costs are not assigned to the segments, and are separately analyzed by the CODM.
(5)    Refinancing related costs are fees earned by our advisors and the advisors of our potential lenders. As these costs were incurred prior to September 30, 2022, at which point an agreement with respect to a debt refinancing remained under negotiation and subject to material changes, these costs are not considered directly attributable to the Transaction Support Agreement and thus are accounted for as period expense.
(6)    Net non-routine expense consists of items that the Company has determined are non-routine in nature and not allocated to the reportable operating segments as they are not included in the measure used by the CODM to make decisions, allocate resources and assess performance. Net non-routine expense for the three months ended September 30, 2022 related primarily to gains made on divestitures of certain assets. Net non-routine expense for the nine months ended September 30, 2022 primarily consisted of inventory charges related to legacy product of $34.4 which management determined would no longer be sold as part of a product portfolio consolidation connected with the organizational simplification. Also included in net non-routine expense are charges related to the wind-down of our operations in Russia and Ukraine as discuss in Note 21 and charges related to mergers, acquisitions and divestitures.
(7)    Held for sale non-core European retail business represents the revenue and operating profit of a business that has been classified as held for sale for all of the periods presented, but which was removed in 2022 from the retail segment's information used by the CODM to make decisions, assess performance and allocate resources, and now is individually analyzed. This change and timing thereof aligns with the build-out of a data center that makes the entity capable of operating autonomously and is consistent with material provided in connection with our refinancing effort which are exclusive of this entity. The presentation in the periods ended September 30, 2022 and 2021 is consistent with management reporting. Total revenue generated by this business was $5.1 and $16.2 in the three and nine month periods ended September 30, 2022, compared to $4.6 and $18.1 for the three and nine month periods ended September 30, 2021. Operating loss generated by this business was $5.0 and $16.7 in the three and nine month periods ended September 30, 2022, compared to $2.8 and $10.3 for the three and nine month periods ended September 30, 2021.
Schedule Of Revenue From External Customers By Product And Service Solution
The following table presents information regarding the Company’s segment net sales by service and product solution:
Three months endedNine months ended
September 30September 30
2022202120222021
Segments
Banking
Services$379.9 $414.6 $1,152.9 $1,255.9 
Products200.4 255.5 580.4 692.2 
Total Banking580.3 670.1 1,733.3 1,948.1 
Retail
Services130.4 147.1 405.6 466.1 
Products94.6 141.0 336.8 431.4 
Total Retail225.0 288.1 742.4 897.5 
Held for sale non-core European retail business
Services4.0 — 7.4 — 
Products1.1 — 8.8 — 
Total revenue $810.4 $958.2 $2,491.9 $2,845.6 
v3.22.2.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Income (loss) used in basic and diluted loss per share                
Net loss $ (50.5) $ (199.1) $ (183.9) $ (2.0) $ (30.3) $ (8.1) $ (433.5) $ (40.4)
Net income (loss) attributable to noncontrolling interests (0.7)     0.1     (1.4) 0.1
Net loss attributable to Diebold Nixdorf, Incorporated $ (49.8)     $ (2.1)     $ (432.1) $ (40.5)
Weighted-average number of common shares used in basic and diluted loss per share (1) 79.1     78.3     78.9 78.2
Basic and diluted loss per share $ (0.63)     $ (0.03)     $ (5.48) $ (0.52)
Denominator                
Weighted-average number of common shares used in basic and diluted loss per share (1) 79.1     78.3     78.9 78.2
Anti-dilutive shares                
Incremental Shares Excluded From Dilutive Calculation Due To Resulting in Operating Loss 1.8     1.2     1.4 1.2
Anti-dilutive shares not used in calculating diluted weighted-average shares 4.1     4.0     4.2 3.5
v3.22.2.2
Income Taxes (Details)
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Tax Disclosure [Abstract]        
Effective Income Tax Rate Reconciliation, Percent (8.50%) 35.50% (38.20%) 21.60%
Document Period End Date     Sep. 30, 2022  
v3.22.2.2
Inventories (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Major classes of inventories    
Finished goods $ 254.2 $ 180.3
Service parts 157.2 169.8
Raw materials and work in process 254.8 194.1
Total inventories 666.2 544.2
Product [Member]    
Major classes of inventories    
Total inventories $ 509.0 $ 374.4
v3.22.2.2
Investments (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Assets held in rabbi trusts [Member]      
Short-term investments:      
Fair value of assets held under trust $ 4.5   $ 7.0
Long-term investments:      
Assets held in a rabbi trust 4.5   5.4
Long-term investments, unrealized gain $ 1.6  
Certificates of deposit      
Long-term investments:      
Long-term investments, unrealized gain 0.0 $ 0.0  
Certificates of Deposit, at Carrying Value 14.6   34.3
Short-term investments | Certificates of deposit | Fair Value, Measurements, Recurring [Member]      
Short-term investments:      
Fair value of assets held under trust 14.6   34.3
Short-term investments | Certificates of deposit | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]      
Short-term investments:      
Fair value of assets held under trust $ 14.6   $ 34.3
v3.22.2.2
Investments (Textuals) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Investments (Textuals)          
Cash surrender value of insurance contracts $ 2.7   $ 2.7   $ 4.0
Investments [Line Items]          
Other Nonoperating Income (Expense) (9.7) $ 4.6 (2.5) $ 6.6  
Related Party Transaction [Line Items]          
Accounts receivable with affiliates 3.7   3.7    
Accounts payable with affiliates $ 33.6   $ 33.6    
Inspur (Suzhou) Financial Technology Service Co Ltd [Member] | Inspur (Suzhou) Financial Technology Service Co Ltd [Member]          
Related Party Transaction [Line Items]          
Strategic alliance, ownership percentage 48.10%   48.10%    
Aisino-Wincor Retail And Banking Systems (Shanghai) Co.,Ltd [Member] | Aisino-Wincor Retail And Banking Systems (Shanghai) Co.,Ltd [Member]          
Related Party Transaction [Line Items]          
Strategic alliance, ownership percentage 49.00%   49.00%    
v3.22.2.2
Goodwill and Other Assets (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Goodwill [Line Items]          
Goodwill $ 1,120.5   $ 1,202.8 $ 1,214.5 $ 1,271.3
Goodwill, Period Increase (Decrease) 0.0        
Accumulated impairment losses (470.9)     (470.9) (470.9)
Beginning balance   $ 743.6 743.6    
Transferred to assets held for sale 0.0        
Divestitures   (3.3)      
Currency translation adjustment (82.3) (53.5) (11.7)    
Ending balance 649.6        
Eurasia Banking Segment [Member]          
Goodwill [Line Items]          
Goodwill 0.0   555.1 561.4 590.4
Goodwill, Period Increase (Decrease) (291.7)        
Accumulated impairment losses 0.0     (291.7) (291.7)
Beginning balance   269.7 269.7    
Transferred to assets held for sale (555.1)        
Divestitures   0.0      
Currency translation adjustment 0.0 (29.0) (6.3)    
Ending balance $ 0.0        
Segment Reporting, Additional Information about Entity's Reportable Segments 10 percent        
Americas Banking Segment [Member]          
Goodwill [Line Items]          
Goodwill $ 0.0   439.1 440.1 444.7
Goodwill, Period Increase (Decrease) (122.0)        
Accumulated impairment losses 0.0     (122.0) (122.0)
Beginning balance   318.1 318.1    
Transferred to assets held for sale (439.1)        
Divestitures   0.0      
Currency translation adjustment 0.0 (4.6) (1.0)    
Ending balance 0.0        
Global Retail [Member]          
Goodwill [Line Items]          
Goodwill 253.7   208.6 213.0 236.2
Goodwill, Period Increase (Decrease) 0.0        
Accumulated impairment losses (57.2)     $ (57.2) $ (57.2)
Beginning balance   155.8 155.8    
Transferred to assets held for sale 72.0        
Divestitures   (3.3)      
Currency translation adjustment (26.9) $ (19.9) $ (4.4)    
Ending balance $ 196.5        
Segment Reporting, Additional Information about Entity's Reportable Segments 110 percent        
Global Banking          
Goodwill [Line Items]          
Goodwill $ 866.8        
Goodwill, Period Increase (Decrease) 413.7        
Accumulated impairment losses (413.7)        
Transferred to assets held for sale 922.2        
Currency translation adjustment (55.4)        
Ending balance $ 453.1        
Segment Reporting, Additional Information about Entity's Reportable Segments 130 percent        
v3.22.2.2
Goodwill and Other Assets Schedule of Intangible Assets (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]        
Gross carrying amount $ 925.6   $ 1,034.0  
Accumulated amortization (671.4)   (686.5)  
Intangible assets, net 254.2   347.5  
Payments to Develop Software 24.0 $ 21.6    
Amortization of internally-developed software $ (19.7) (17.7)    
Customer relationships [Member]        
Finite-Lived Intangible Assets [Line Items]        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 3 years 4 months 24 days      
Gross carrying amount $ 605.3   703.3  
Accumulated amortization (394.0)   (401.6)  
Intangible assets, net $ 211.3   301.7  
Internally-developed software [Member]        
Finite-Lived Intangible Assets [Line Items]        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 1 year 10 months 24 days      
Gross carrying amount $ 227.9   228.1  
Accumulated amortization (189.4)   (184.9)  
Intangible assets, net 38.5 41.5 43.2 $ 38.0
Transfer To Held For Sale $ (9.0) $ (0.4)    
Development costs non-software [Member]        
Finite-Lived Intangible Assets [Line Items]        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 9 months 18 days      
Gross carrying amount $ 46.3   51.8  
Accumulated amortization (44.0)   (51.6)  
Intangible assets, net $ 2.3   0.2  
Other intangibles [Member]        
Finite-Lived Intangible Assets [Line Items]        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 5 years 2 months 12 days      
Gross carrying amount $ 46.1   50.8  
Accumulated amortization (44.0)   (48.4)  
Intangible assets, net 2.1   2.4  
Other intangible asset, net [Member]        
Finite-Lived Intangible Assets [Line Items]        
Gross carrying amount 320.3   330.7  
Accumulated amortization (277.4)   (284.9)  
Intangible assets, net 42.9   $ 45.8  
Customer Relationships [Member]        
Finite-Lived Intangible Assets [Line Items]        
Intangible assets, net $ 211.3      
v3.22.2.2
Goodwill and Other Assets (Textuals) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Goodwill [Line Items]            
Amortization $ 23.2 $ 26.0 $ 72.1 $ 78.1    
Goodwill 649.6   649.6   $ 743.6 $ 800.4
Eurasia Banking Segment [Member]            
Goodwill [Line Items]            
Goodwill $ 0.0   0.0   269.7 298.7
Segment Reporting, Additional Information about Entity's Reportable Segments 10 percent          
Americas Banking Segment [Member]            
Goodwill [Line Items]            
Goodwill $ 0.0   0.0   318.1 322.7
Global Retail [Member]            
Goodwill [Line Items]            
Goodwill $ 196.5   196.5   $ 155.8 $ 179.0
Segment Reporting, Additional Information about Entity's Reportable Segments 110 percent          
Global Banking            
Goodwill [Line Items]            
Goodwill $ 453.1   $ 453.1      
Segment Reporting, Additional Information about Entity's Reportable Segments 130 percent          
v3.22.2.2
Restructuring - Restructuring Charges By Statement of Income Account (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Schedule of restructuring and related costs        
Restructuring Charges $ (20.7) $ 0.0 $ (98.9) $ (23.1)
Cost of sales – services        
Schedule of restructuring and related costs        
Restructuring Charges (3.0) 0.0 (7.4) (10.1)
Cost of Sales Products        
Schedule of restructuring and related costs        
Restructuring Charges (1.3) 0.0 (10.0) (1.6)
Selling and administrative expense        
Schedule of restructuring and related costs        
Restructuring Charges (13.9) 0.0 (71.7) (11.7)
Research, development and engineering expense        
Schedule of restructuring and related costs        
Restructuring Charges $ (2.5) $ 0.0 $ 9.8 $ 0.3
v3.22.2.2
Restructuring - Restructuring Charges By Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]        
Restructuring Charges $ 20.7 $ 0.0 $ 98.9 $ 23.1
v3.22.2.2
Restructuring Reserve Activity (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Restructuring and Related Activities [Abstract]    
Beginning balance as of January 1 $ 35.3 $ 62.9
Payouts/Settlements (35.6) (29.5)
Restructuring Reserve, Translation and Other Adjustment (0.3) (4.9)
Restructuring Reserve, Ending Balance 54.3 38.8
Restructuring Reserve, Accrual Adjustment $ 54.9 $ 10.3
v3.22.2.2
Restructuring (Textuals) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]          
Restructuring Costs   $ 218.9      
Other Restructuring Costs       $ 150.0  
Restructuring Reserve, Accrual Adjustment       54.9 $ 10.3
Severance charges $ 20.7   $ 0.0 $ 98.9 $ 23.1
v3.22.2.2
Debt (Details) - USD ($)
$ in Millions
 9 Months Ended
Jul. 20, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Notes Payable        
Uncommitted lines of credit   $ 9.2   $ 1.6
Other   0.2   0.3
Debt Issuance Costs, Current, Net   (0.6)   (0.2)
Notes payable   2,435.6   47.1
Long-term Debt        
Other   3.8   4.2
Long-term debt excluding debt issuance costs   2,141.6   2,282.2
Deferred financing fees   (24.5)   (36.6)
Long-term debt   0.0   2,245.6
Revolving credit facility borrowings, net   240.0 $ 187.9  
Other debt borrowings   12.4 9.9  
Other debt repayments   (12.3) (13.6)  
Proceeds from Lines of Credit   512.0 468.0  
Repayments of Lines of Credit $ (193.8) (272.0) (280.1)  
Term Loan A-1 Facility [Member]        
Notes Payable        
Term Loan Facility       35.9
Term Loan B USD [Member]        
Notes Payable        
Term Loan Facility   4.8   4.8
Long-term Debt        
Term Loan Facility   376.8   381.0
Senior Notes   381.6   385.8
Other debt repayments   (4.2) (3.5)  
Term Loan B EUR [Member]        
Notes Payable        
Term Loan Facility   4.0   4.7
Long-term Debt        
Term Loan Facility   319.8   375.6
Senior Notes   323.8   380.3
Other debt repayments   (3.8) (3.5)  
Senior Notes Due 2024 [Member]        
Long-term Debt        
Senior Notes   400.0   400.0
International Short-Term Uncommitted Line of Credit [Member]        
Long-term Debt        
Other debt borrowings   12.4 9.9  
Other debt repayments   (4.3) $ (6.6)  
Senior Notes Due 2025 [Member]        
Long-term Debt        
Senior Notes   700.0   700.0
Senior Notes Due 2025 EURO [Member]        
Long-term Debt        
Senior Notes   341.2   396.4
Revolving Credit Facility [Member]        
Long-term Debt        
Revolving credit facility   0.0   25.0
2022 Revolving Credit Facility [Member]        
Notes Payable        
Line of Credit Facility, Current Borrowing Capacity   300.9   $ 35.9
Super Senior Facility 2025        
Long-term Debt        
Senior Notes   400.0    
Sep-22 Debt Presentation        
Notes Payable        
Notes payable   318.5    
Long-term Debt        
Long-term debt   $ 2,117.1    
International Short-Term Uncommitted Line of Credit [Member]        
Short-term Debt [Line Items]        
Short-term Debt, Weighted Average Interest Rate, at Point in Time   17.11%   3.24%
v3.22.2.2
Debt (Textuals) (Details)
€ in Millions
 3 Months Ended 9 Months Ended
Jul. 20, 2020
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Nov. 09, 2022
Sep. 30, 2022
EUR (€)
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Debt (Textuals)                      
Proceeds from Other Debt     $ 12,400,000 $ 9,900,000              
Proceeds from Lines of Credit     512,000,000.0 468,000,000.0              
Repayments of Other Debt     12,300,000 13,600,000              
Repayments of Lines of Credit $ 193,800,000   $ 272,000,000.0 280,100,000              
Debt Issuance Costs, Line of Credit Arrangements, Gross                   $ 1,100,000  
2L Note Warrant Shares Percentage   19.99% 19.99%           19.99%    
2L Note Par Percentage   95.00% 95.00%           95.00%    
Minimum [Member]                      
Debt (Textuals)                      
Net Debt To EBITDA Leverage Ratio   1.00 1.00           1.00    
Adjusted EBITDA To Net Interest Expense Coverage Ratio   1.00 1.00           1.00    
Maximum [Member]                      
Debt (Textuals)                      
Net Debt To EBITDA Leverage Ratio   6.50 6.50           6.50    
Adjusted EBITDA To Net Interest Expense Coverage Ratio   1.625 1.625           1.625    
Maximum [Member] | Subsequent Event [Member]                      
Debt (Textuals)                      
Net Debt To EBITDA Leverage Ratio         5.25 5.50          
Adjusted EBITDA To Net Interest Expense Coverage Ratio             1.75        
2022 Revolving Credit Facility [Member]                      
Debt (Textuals)                      
Current borrowing capacity   $ 300,900,000 $ 300,900,000               $ 35,900,000
2022 Term Loan A Facility [Member]                      
Debt (Textuals)                      
Description of interest rate terms [1]     LIBOR + 4.50%                
Debt Instrument, Term     3 years                
Term Loan B EUR [Member]                      
Debt (Textuals)                      
Repayments of Other Debt     $ 3,800,000 3,500,000              
Repayments of Debt, Maturing in More than Three Months   $ 0.050                  
Senior Notes Due 2025 [Member]                      
Debt (Textuals)                      
Description of interest rate terms 9.375% 9.375% 9.375%           9.375%    
Senior Secured Notes, Percentage Issuance of Principal Amount   99.031% 99.031%           99.031%    
TSA Related Percentages   91.80% 91.80%           91.80%    
Senior Notes Due 2025 EURO [Member]                      
Debt (Textuals)                      
Description of interest rate terms 9.00% 9.00% 9.00%           9.00%    
Senior Secured Notes, Percentage Issuance of Principal Amount   99.511% 99.511%           99.511%    
Secured Long-term Debt, Noncurrent | €                 € 350.0    
TSA Related Percentages   85.40% 85.40%           85.40%    
Redemption Premium   $ 0.030                  
Asset Backed Loan                      
Debt (Textuals)                      
Current borrowing capacity   $ 250,000,000 $ 250,000,000                
Term Loan B USD [Member]                      
Debt (Textuals)                      
Repayments of Other Debt     $ 4,200,000 $ 3,500,000              
TSA Related Percentages   78.80% 78.80%           78.80%    
Repayments of Debt, Maturing in More than Three Months   $ 0.150                  
Term Loan B USD [Member] | Subsequent Event [Member]                      
Debt (Textuals)                      
TSA Related Percentages               97.00%      
Senior Notes Due 2024 [Member]                      
Debt (Textuals)                      
TSA Related Percentages   59.30% 59.30%           59.30%    
Redemption Premium   $ 0.050                  
Senior Notes Due 2024 [Member] | Subsequent Event [Member]                      
Debt (Textuals)                      
TSA Related Percentages               83.00%      
2022 Revolving Credit Facility [Member] | Minimum [Member]                      
Debt (Textuals)                      
Debt Instrument, Basis Spread on Variable Rate     4.25%                
2022 Revolving Credit Facility [Member] | Maximum [Member]                      
Debt (Textuals)                      
Debt Instrument, Basis Spread on Variable Rate     1.25%                
Senior Notes Due 2024 [Member]                      
Debt (Textuals)                      
Debt Instrument, Term     8 years                
Description of interest rate terms   8.50% 8.50%           8.50%    
Unsecured Debt   $ 400,000,000.0 $ 400,000,000.0                
Term Loan B USD [Member]                      
Debt (Textuals)                      
Description of interest rate terms [2]     LIBOR + 2.75%                
Debt Instrument, Term     7 years 6 months                
Term Loan B EUR [Member]                      
Debt (Textuals)                      
Description of interest rate terms [3]     EURIBOR + 3.00%                
Debt Instrument, Term     7 years 6 months                
Term Loan B EUR [Member] | Minimum [Member]                      
Debt (Textuals)                      
Debt Instrument, Description of Variable Rate Basis     EURIBOR with a floor of 0.0%                
Revolving Credit Facility Due 2023 [Member]                      
Debt (Textuals)                      
Description of interest rate terms     LIBOR + 4.25%                
Revolving Credit Facility Due 2023 [Member] | Minimum [Member]                      
Debt (Textuals)                      
Debt Instrument, Description of Variable Rate Basis     LIBOR with a floor of 0.5%                
Senior Notes Due 2025 [Member]                      
Debt (Textuals)                      
Debt Instrument, Term     5 years                
Senior Notes Due 2025 EURO [Member]                      
Debt (Textuals)                      
Debt Instrument, Term     5 years                
2022 Revolving Facility and Term Loan B Facility USD [Member] | Minimum [Member]                      
Debt (Textuals)                      
Debt Instrument, Description of Variable Rate Basis     LIBOR with a floor of 0.0%                
International Short-Term Uncommitted Line of Credit [Member]                      
Debt (Textuals)                      
Borrowing limit of short term uncommitted line of credit   $ 52,900,000 $ 52,900,000                
Weighted average interest rate on outstanding borrowings   17.11% 17.11%           17.11%   3.24%
Amount available   $ 43,700,000 $ 43,700,000                
Line of Credit Facility, Expiration Period     1 year                
Base Rate [Member] | 2022 Term Loan A Facility [Member]                      
Debt (Textuals)                      
Description of interest rate terms     1.00 percent less than in the case of LIBOR-based loans                
[1] LIBOR with a floor of 0.5%
[2] LIBOR with a floor of 0.0%
[3] EURIBOR with a floor of 0.0%
v3.22.2.2
Redeemable Noncontrolling Interests (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Redeemable Noncontrolling Interest [Abstract]    
Beginning balance as of January 1 $ 0.0 $ 19.2
Redemption value adjustment 0.0 0.0
Termination of put option 0.0 (19.2)
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 0.0 $ 0.0
v3.22.2.2
Redeemable Noncontrolling Interests Redeemable Noncontrolling Interests (Textuals) (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Redeemable Noncontrolling Interests (Textuals) [Line Items]        
Redeemable noncontrolling interests $ 0.0 $ 0.0 $ 0.0 $ 19.2
Capital Contributions From Noncontrolling Interests $ 12.7      
v3.22.2.2
Equity (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Balance $ (1,317.7) $ (1,247.2) $ (1,008.6) $ (863.5) $ (842.6) $ (840.0) $ (1,317.7) $ (863.5)
Net loss attributable to Diebold Nixdorf, Incorporated (49.8)     (2.1)     (432.1) (40.5)
Net loss (50.5) (199.1) (183.9) (2.0) (30.3) (8.1) (433.5) (40.4)
Other comprehensive loss (22.7) (44.5) 13.9 (23.5) 23.4 (30.4) (53.3) (30.5)
Share-based compensation issued (0.1) 0.2 0.0 0.0 0.0 0.0    
Share-based compensation expense 2.7 5.2 1.7 4.6 4.5 3.5    
Treasury shares (0.1) 0.0 (3.3) 0.0 (0.2) (5.2)    
Reclassifications of redeemable noncontrolling interest           31.9    
Balance (1,247.2) (1,008.6) (837.0) (842.6) (840.0) (831.7) (837.0) (831.7)
Common Stock [Member]                
Balance 119.7 119.6 119.5 118.2 118.2 118.0 119.7 118.2
Share-based compensation issued (0.1) (0.1) (1.2) 0.0 (0.2) (1.1)    
Balance 119.6 119.5 118.3 118.2 118.0 116.9 118.3 116.9
Additional Paid-in Capital [Member]                
Balance 827.7 825.0 820.1 818.4 813.8 809.5 827.7 818.4
Share-based compensation issued 0.0 (0.3) (1.2) 0.0 (0.2) (1.1)    
Share-based compensation expense 2.7 5.2 1.7 4.6 4.5 3.5    
Reclassifications of redeemable noncontrolling interest           19.2    
Balance 825.0 820.1 819.6 813.8 809.5 787.9 819.6 787.9
Retained Earnings [Member]                
Balance (1,254.5) (1,204.7) (1,005.5) (782.8) (780.7) (750.4) (1,254.5) (782.8)
Net loss attributable to Diebold Nixdorf, Incorporated (49.8) (199.2) (183.1) (2.1) (30.3) (8.1) (432.1) (40.5)
Balance (1,204.7) (1,005.5) (822.4) (780.7) (750.4) (742.3) (822.4) (742.3)
Treasury Stock [Member]                
Balance (585.5) (585.4) (585.4) (582.1) (582.1) (581.9) (585.5) (582.1)
Treasury shares (0.1) 0.0 (3.3) 0.0 (0.2) (5.2)    
Balance (585.4) (585.4) (582.1) (582.1) (581.9) (576.7) (582.1) (576.7)
AOCI Attributable to Parent                
Balance (436.8) (412.2) (365.4) (444.0) (420.5) (443.8) (436.8) (444.0)
Other comprehensive loss (24.6) (46.8) 13.1 (23.5) 23.3 (30.9)    
Balance (412.2) (365.4) (378.5) (420.5) (443.8) (412.9) (378.5) (412.9)
Parent [Member]                
Balance (1,329.4) (1,257.7) (1,016.7) (872.3) (851.3) (848.6) (1,329.4) (872.3)
Net loss attributable to Diebold Nixdorf, Incorporated (49.8) (199.2) (183.1) (2.1) (30.3) (8.1)    
Other comprehensive loss (24.6) (46.8) 13.1 (23.5) 23.3 (30.9)    
Share-based compensation issued (0.1) 0.2   0.0 0.0 0.0    
Share-based compensation expense 2.7 5.2 1.7 4.6 4.5 3.5    
Treasury shares (0.1) 0.0 (3.3) 0.0 (0.2) (5.2)    
Reclassifications of redeemable noncontrolling interest           19.2    
Balance (1,257.7) (1,016.7) (845.1) (851.3) (848.6) (827.1) (845.1) (827.1)
Noncontrolling Interest [Member]                
Balance 11.7 10.5 8.1 8.8 8.7 8.6 11.7 8.8
Net loss (0.7) 0.1 (0.8) 0.1 0.0 0.0    
Other comprehensive loss 1.9 2.3 0.8 0.0 0.1 0.5    
Reclassifications of redeemable noncontrolling interest           (12.7)    
Balance $ 10.5 $ 8.1 $ 8.1 $ 8.7 $ 8.6 $ (4.6) $ 8.1 $ (4.6)
v3.22.2.2
Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Beginning Balance $ (412.2) $ (420.5) $ (378.5) $ (412.9)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax (37.5) (25.7) (71.4) (36.3)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 12.9 2.2 13.1 5.2
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent (24.6) (23.5) (58.3) (31.1)
Ending Balance (436.8) (444.0) (436.8) (444.0)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest (1.9)   (5.0) (0.6)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax (1.4) 2.6 (0.6) 6.4
Translation adjustment        
Beginning Balance (350.1) (270.8) (310.9) (256.7)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax (38.1) (28.3) (77.3) (42.4)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0.0 0.0 0.0 0.0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent (38.1) (28.3) (77.3) (42.4)
Ending Balance (388.2) (299.1) (388.2) (299.1)
Foreign Currency Hedges        
Beginning Balance (2.0) (2.3) (1.9) (2.6)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0.1 0.6 0.0 0.9
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0.0 0.0 0.0 0.0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent 0.1 0.6 0.0 0.9
Ending Balance (1.9) (1.7) (1.9) (1.7)
Interest Rate Hedges        
Beginning Balance 4.5 (2.8) 0.4 (6.1)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0.5 2.0 5.2 6.1
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0.0 (0.4) (0.6) (1.2)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent 0.5 1.6 4.6 4.9
Ending Balance 5.0 (1.2) 5.0 (1.2)
Pension and Other Post-retirement Benefits        
Beginning Balance (63.8) (143.1) (64.6) (146.9)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0.0 0.0 0.0 0.0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 12.9 2.6 13.7 6.4
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent 12.9 2.6 13.7 6.4
Ending Balance (50.9) (140.5) (50.9) (140.5)
Other        
Beginning Balance (0.8) (1.5) (1.5) (0.6)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0.0 0.0 0.7 (0.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 0.0 0.0 0.0 0.0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent 0.0 0.0 0.7 (0.9)
Ending Balance $ (0.8) $ (1.5) $ (0.8) $ (1.5)
v3.22.2.2
Accumulated Other Comprehensive Income (Loss) Reclassification Adjustments (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest Expense $ 50.7 $ 51.3 $ 148.4 $ 149.7
Defined Benefit Plan, Plan Assets, Payment for Settlement 14.3 0.0 14.3 0.0
Total reclassifications for the period 12.9 2.2 13.1 5.2
Reclassification out of Accumulated Other Comprehensive Income [Member]        
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (1.4) 2.6 (0.6) 6.4
Accumulated Net Gain (Loss) from Interest Rate Hedge [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]        
Interest Expense $ 0.0 $ 0.4 $ 0.6 $ 1.2
v3.22.2.2
Benefit Plans (Details) - USD ($)
 2 Months Ended 3 Months Ended 9 Months Ended
Jun. 30, 2022
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Components of net periodic benefit cost          
Contributions to qualified and non qualified pension plans       $ 27,600,000 $ 23,600,000
Benefit Plan, Plan Assets, Reimbursement from CTA       16,400,000  
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Remeasurement due to Settlement   $ 82,400,000      
Pension Plan [Member]          
Components of net periodic benefit cost          
Benefit Plan, Plan Assets, Reimbursement from CTA $ 17,000,000.0        
Other Postretirement Benefits Plan [Member]          
Components of net periodic benefit cost          
Service cost   0 $ 100,000 0 100,000
Interest cost   (100,000) (100,000) (200,000) (500,000)
Expected return on plan assets   0 0 0 0
Recognized net actuarial loss   (100,000) 100,000 (300,000) 200,000
Net periodic pension benefit cost   0 300,000 (100,000) 800,000
Amortization of prior service cost   0 0 0 0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   0 0 0 0
Domestic Plan [Member] | Pension Plan [Member]          
Components of net periodic benefit cost          
Service cost   0 800,000 0 2,400,000
Interest cost   (4,500,000) (4,000,000.0) (13,000,000.0) (11,900,000)
Expected return on plan assets   (4,300,000) (6,400,000) (15,900,000) (19,100,000)
Recognized net actuarial loss   0 0 0 0
Net periodic pension benefit cost   14,700,000 600,000 14,700,000 1,900,000
Amortization of prior service cost   200,000 2,200,000 3,300,000 6,700,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   14,300,000 0 14,300,000 0
Foreign Plan [Member] | Pension Plan [Member]          
Components of net periodic benefit cost          
Service cost   2,400,000 2,500,000 7,100,000 7,600,000
Interest cost   (1,100,000) (700,000) (3,300,000) (2,200,000)
Expected return on plan assets   (3,800,000) (3,800,000) (11,600,000) (11,300,000)
Recognized net actuarial loss   (400,000) 800,000 (1,300,000) 900,000
Net periodic pension benefit cost   (800,000) 100,000 (2,800,000) (700,000)
Amortization of prior service cost   (100,000) (100,000) (300,000) (100,000)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   $ 0 $ 0 $ 0 $ 0
v3.22.2.2
Derivative Instruments and Hedging Activities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Mar. 31, 2022
Derivative Instruments Gain (Loss) [Line Items]          
Gain (loss) recognized on derivative instruments $ (0.8) $ (2.2) $ (4.8) $ (10.4)  
Interest rate swaps          
Derivative Instruments Gain (Loss) [Line Items]          
Notional Amount of Derivatives   500.0   500.0 $ 250.0
Interest Expense [Member] | Interest rate swaps          
Derivative Instruments Gain (Loss) [Line Items]          
Gain (loss) recognized on derivative instruments (0.5) (2.1) (4.1) (6.2)  
Sales [Member] | Foreign exchange forward contracts          
Derivative Instruments Gain (Loss) [Line Items]          
Gain (loss) recognized on derivative instruments (0.1) 0.0 (0.1) 0.0  
Asset Management Income [Member] | Foreign exchange forward contracts          
Derivative Instruments Gain (Loss) [Line Items]          
Gain (loss) recognized on derivative instruments 0.0 (0.4) 0.0 (4.5)  
Cost of Sales | Interest rate swaps          
Derivative Instruments Gain (Loss) [Line Items]          
Gain (loss) recognized on derivative instruments $ (0.2) $ 0.3 $ (0.6) $ 0.3  
v3.22.2.2
Derivative Instruments and Hedging Activities (Textuals) (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Jul. 20, 2020
Derivative [Line Items]    
Notional Amount of Derivatives Early Terminated   $ 625.0
Payment for Termination of Interest Rate Derivative Instruments $ 6.2  
v3.22.2.2
Fair Value of Assets and Liabilities - Fair Value Measurements (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value Transfers Between Levels Amount $ 0.0 $ 0.0  
Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Total 19.1   $ 41.4
Fair value liabilities measured on recurring basis      
Total 4.5   9.9
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Total 19.1   41.3
Fair value liabilities measured on recurring basis      
Total 4.5   7.0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Total 0.0   0.1
Fair value liabilities measured on recurring basis      
Total 0.0   2.9
Assets held in rabbi trusts [Member]      
Fair value assets measured on recurring basis      
Fair value of investment assets 4.5   7.0
Short-term investments | Certificates of deposit | Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Fair value of investment assets 14.6   34.3
Short-term investments | Certificates of deposit | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Fair value of investment assets 14.6   34.3
Short-term investments | Certificates of deposit | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Fair value of investment assets 0.0   0.0
Securities and other investments | Interest rate swaps | Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Trading Liabilities, Fair Value Disclosure 0.0   2.8
Securities and other investments | Interest rate swaps | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Trading Liabilities, Fair Value Disclosure 0.0   0.0
Securities and other investments | Interest rate swaps | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Trading Liabilities, Fair Value Disclosure 0.0   2.8
Securities and other investments | Assets held in rabbi trusts [Member] | Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Assets held in rabbi trusts 4.5   7.0
Securities and other investments | Assets held in rabbi trusts [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Assets held in rabbi trusts 4.5   7.0
Securities and other investments | Assets held in rabbi trusts [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Assets held in rabbi trusts 0.0   0.0
Other current assets | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contract, Asset, Fair Value Disclosure 0.0   0.1
Other current assets | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contract, Asset, Fair Value Disclosure 0.0   0.0
Other current assets | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contract, Asset, Fair Value Disclosure 0.0   0.1
Other current liabilities | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contracts, Liability, Fair Value Disclosure 0.0   0.1
Other current liabilities | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contracts, Liability, Fair Value Disclosure 0.0   0.0
Other current liabilities | Foreign exchange forward contracts | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value assets measured on recurring basis      
Foreign Currency Contracts, Liability, Fair Value Disclosure 0.0   0.1
Other liabilities | Fair Value, Measurements, Recurring [Member]      
Fair value liabilities measured on recurring basis      
Deferred compensation 4.5   7.0
Other liabilities | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]      
Fair value liabilities measured on recurring basis      
Deferred compensation 4.5   7.0
Other liabilities | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]      
Fair value liabilities measured on recurring basis      
Deferred compensation $ 0.0   $ 0.0
v3.22.2.2
Fair Value of Assets and Liabilities - Summary of Liabilities Recorded at Carrying Value (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Senior Notes Due 2024 [Member]    
Debt Instrument [Line Items]    
Senior Notes $ 400.0 $ 400.0
Senior Notes Fair Value 230.0 401.0
Senior Notes Due 2025 [Member]    
Debt Instrument [Line Items]    
Senior Notes 700.0 700.0
Senior Notes Fair Value 532.0 745.5
Senior Notes Due 2025 EURO [Member]    
Debt Instrument [Line Items]    
Senior Notes 341.2 396.4
Senior Notes Fair Value 262.7 423.7
Term Loan B EUR [Member]    
Debt Instrument [Line Items]    
Senior Notes 323.8 380.3
Senior Notes Fair Value 264.3 375.2
Term Loan B USD [Member]    
Debt Instrument [Line Items]    
Senior Notes 381.6 385.8
Senior Notes Fair Value $ 309.8 $ 381.9
v3.22.2.2
Commitments and Contingencies (Details)
shares in Millions, $ in Millions
May 13, 2019
€ / shares
shares
Feb. 17, 2017
€ / shares
shares
Sep. 30, 2022
USD ($)
Loss Contingencies [Line Items]      
Shares Repurchased Of Redeemable Noncontrolling Interest | shares 1.4 6.9  
Indirect Tax Liability [Member]      
Loss Contingencies [Line Items]      
Loss Contingency, Range of Possible Loss, Portion Not Accrued | $     $ 51.4
Domination and Profit and Loss Transfer Agreement [Member] | Diebold Nixdorf AG [Member]      
Loss Contingencies [Line Items]      
Business Acquisition, Share Price € 54.80 € 55.02  
Recurring Cash Compensation Per Share Net Of Tax   € 2.82  
v3.22.2.2
Bank Guarantees, Standby LOC, and Surety Bonds (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Guarantor Obligations [Line Items]      
Maximum future payment obligations $ 161.8   $ 155.6
Changes in warranty liability balance      
Beginning Balance 36.3 $ 38.6  
Current period accruals 12.2 16.1  
Current period settlements (17.0) (17.5)  
Currency translation adjustment (2.6) (2.4)  
Ending Balance 28.9 $ 34.8  
Financial Standby Letter of Credit [Member]      
Guarantor Obligations [Line Items]      
Maximum future payment obligations $ 24.0   $ 24.0
v3.22.2.2
Revenue from Contract with Customer (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Disaggregation of Revenue [Line Items]      
Revenue From Contract With Customer Percentage 100.00% 100.00%  
Deferred Revenue, Current $ 316.1   $ 322.4
Trade receivables, net 537.6   $ 595.2
Revenue, Remaining Performance Obligation, Amount   $ 1,400.0  
Deferred Revenue, Revenue Recognized   201.6  
Impairment losses recognized as bad debt expense $ 15.5 $ 9.3  
Transferred over Time [Member]      
Disaggregation of Revenue [Line Items]      
Revenue From Contract With Customer Percentage 63.00% 61.00%  
Transferred at Point in Time [Member]      
Disaggregation of Revenue [Line Items]      
Revenue From Contract With Customer Percentage 37.00% 39.00%  
v3.22.2.2
Finance Lease Receivables (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]    
Capital Leases, Future Minimum Payments Due Thereafter $ 4.3  
2021 2.7  
2022 8.7  
2023 4.3  
2024 4.6  
Sales-Type and Direct Financing Leases, Lease Receivable, to be Received, Year Five 4.1  
Capital Leases Net Investment In Sales Type Leases Receivable Net 26.9 $ 38.1
Capital Leases, Future Minimum Payments Receivable 28.7  
Financing Receivable, Allowance for Credit Losses 0.2 0.3
Sales-type Lease, Unguaranteed Residual Asset 0.0 0.1
Capital Leases Net Investment In Sales Type Leases Minimum Payments To Be Received And Unguaranteed Residual Values 28.5 39.3
Capital Leases Net Investment In Sales Type Leases Unearned Interest Income 1.6 1.2
Finance Leases Portfolio Segment [Member]    
Loans and Leases Receivable Disclosure [Line Items]    
Capital Leases, Future Minimum Payments Receivable $ 28.7 $ 39.5
v3.22.2.2
Segment Information - (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Summary of Segment Information          
Total revenue $ 810.4   $ 958.2 $ 2,491.9 $ 2,845.6
Operating income (loss) / Segment operating profit (5.5)   (38.7) 169.4 (87.8)
Asset Impairment Charges   $ (4.1) (0.3) (64.7) (0.3)
Restructuring and transformation expenses(4) (20.7)   0.0 (98.9) (23.1)
Other income (expense) (51.5)   (41.3) (142.1) (137.2)
Income (loss) from continuing operations before taxes (46.0)   (2.6) (311.5) (49.4)
Amortization of acquired intangible assets       (52.8) (59.3)
Global Retail [Member]          
Summary of Segment Information          
Total revenue 225.0   288.1 742.4 897.5
Global Banking          
Summary of Segment Information          
Total revenue 580.3   670.1 1,733.3 1,948.1
Other Segments          
Summary of Segment Information          
Total revenue 5.1   0.0 16.2 0.0
Operating Segments [Member]          
Summary of Segment Information          
Operating income (loss) / Segment operating profit (114.2)   (153.2) (299.4) (445.2)
Operating Segments [Member] | Global Retail [Member]          
Summary of Segment Information          
Total revenue 225.0   288.1 742.4 897.5
Operating income (loss) / Segment operating profit (31.1)   (43.6) (90.0) (124.9)
Operating Segments [Member] | Global Banking          
Summary of Segment Information          
Total revenue 580.3   670.1 1,733.3 1,948.1
Operating income (loss) / Segment operating profit (83.1)   (109.6) (209.4) (320.3)
Corporate and Reconciling Items [Member]          
Summary of Segment Information          
Reconciliation Of Operating Profit Loss From Segments To Consolidated, Amount (108.7)   (114.5) (468.8) (357.4)
Segment Reconciling Items [Member]          
Summary of Segment Information          
Operating income (loss) / Segment operating profit 5.0   0.0 16.7 0.0
Asset Impairment Charges 4.1 $ (5.4) (0.3) (64.7) (0.3)
Restructuring and transformation expenses(4) (20.7)   (20.9) (98.9) (74.4)
Net non-routine expense(6) 5.3   (1.9) (34.3) (1.5)
Amortization of acquired intangible assets 16.6   (19.5) (52.8) (59.3)
Segment Reconciling Items [Member] | Inventory Valuation and Obsolescence          
Summary of Segment Information          
Net non-routine expense(6)       34.4  
Corporate          
Summary of Segment Information          
Operating income (loss) / Segment operating profit $ (54.2)   $ (71.9) $ 188.0 [1] $ 221.9 [1]
[1] Corporate charges not allocated to segments include headquarter-based costs associated primarily with human resources, finance, IT and legal that are not directly attributable to a particular segment and are separately assessed by the CODM for purposes of making decisions, assessing performance and allocating resources.
(2)    Refer to Notes 20 and 21 for further information on the impairment charges taken in the first and second quarters of 2022. During the third quarter of 2022, and in connection with the organizational simplification, $4.1 of German capitalized software was identified as impaired.
(3)    The amortization of purchase accounting intangible assets is not included in the segment results used by the CODM to make decisions, allocate resources or assess performance.
(4)    Refer to Note 8: Restructuring for further information. Consistent with the historical reportable segment structure, restructuring and transformation costs are not assigned to the segments, and are separately analyzed by the CODM.
(5)    Refinancing related costs are fees earned by our advisors and the advisors of our potential lenders. As these costs were incurred prior to September 30, 2022, at which point an agreement with respect to a debt refinancing remained under negotiation and subject to material changes, these costs are not considered directly attributable to the Transaction Support Agreement and thus are accounted for as period expense.
(6)    Net non-routine expense consists of items that the Company has determined are non-routine in nature and not allocated to the reportable operating segments as they are not included in the measure used by the CODM to make decisions, allocate resources and assess performance. Net non-routine expense for the three months ended September 30, 2022 related primarily to gains made on divestitures of certain assets. Net non-routine expense for the nine months ended September 30, 2022 primarily consisted of inventory charges related to legacy product of $34.4 which management determined would no longer be sold as part of a product portfolio consolidation connected with the organizational simplification. Also included in net non-routine expense are charges related to the wind-down of our operations in Russia and Ukraine as discuss in Note 21 and charges related to mergers, acquisitions and divestitures.
(7)    Held for sale non-core European retail business represents the revenue and operating profit of a business that has been classified as held for sale for all of the periods presented, but which was removed in 2022 from the retail segment's information used by the CODM to make decisions, assess performance and allocate resources, and now is individually analyzed. This change and timing thereof aligns with the build-out of a data center that makes the entity capable of operating autonomously and is consistent with material provided in connection with our refinancing effort which are exclusive of this entity. The presentation in the periods ended September 30, 2022 and 2021 is consistent with management reporting. Total revenue generated by this business was $5.1 and $16.2 in the three and nine month periods ended September 30, 2022, compared to $4.6 and $18.1 for the three and nine month periods ended September 30, 2021. Operating loss generated by this business was $5.0 and $16.7 in the three and nine month periods ended September 30, 2022, compared to $2.8 and $10.3 for the three and nine month periods ended September 30, 2021.
v3.22.2.2
Segment Information Segment Information By Revenue Type (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]          
Revenues $ (810.4)   $ (958.2) $ (2,491.9) $ (2,845.6)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]          
Asset Impairment Charges   $ (4.1) (0.3) (64.7) (0.3)
Amortization of acquired intangible assets       (52.8) (59.3)
Restructuring and transformation expenses(4) (20.7)   0.0 (98.9) (23.1)
Operating profit (loss) 5.5   38.7 (169.4) 87.8
Retail Segment [Member]          
Segment Reporting Information [Line Items]          
Revenues (225.0)   (288.1) (742.4) (897.5)
Other Segments          
Segment Reporting Information [Line Items]          
Revenues (5.1)   0.0 (16.2) 0.0
Service [Member]          
Segment Reporting Information [Line Items]          
Revenues (514.3)   (561.7) (1,565.9) (1,722.0)
Service [Member] | Retail Segment [Member]          
Segment Reporting Information [Line Items]          
Revenues (130.4)   (147.1) (405.6) (466.1)
Service [Member] | Other Segments          
Segment Reporting Information [Line Items]          
Revenues (4.0)   0.0 (7.4) 0.0
Product [Member]          
Segment Reporting Information [Line Items]          
Revenues (296.1)   (396.5) (926.0) (1,123.6)
Product [Member] | Retail Segment [Member]          
Segment Reporting Information [Line Items]          
Revenues (94.6)   (141.0) (336.8) (431.4)
Product [Member] | Other Segments          
Segment Reporting Information [Line Items]          
Revenues (1.1)   0.0 (8.8) 0.0
Operating Segments [Member]          
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]          
Operating profit (loss) 114.2   153.2 299.4 445.2
Operating Segments [Member] | Retail Segment [Member]          
Segment Reporting Information [Line Items]          
Revenues (225.0)   (288.1) (742.4) (897.5)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]          
Operating profit (loss) 31.1   43.6 90.0 124.9
Segment Reconciling Items [Member]          
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]          
Asset Impairment Charges 4.1 $ (5.4) (0.3) (64.7) (0.3)
Amortization of acquired intangible assets 16.6   (19.5) (52.8) (59.3)
Restructuring and transformation expenses(4) (20.7)   (20.9) (98.9) (74.4)
Restructuring and Related Cost, Incurred Cost (13.4)   0.0 (13.4) 0.0
Net non-routine expense(6) 5.3   (1.9) (34.3) (1.5)
Operating profit (loss) $ (5.0)   $ 0.0 (16.7) $ 0.0
Segment Reconciling Items [Member] | Inventory Valuation and Obsolescence          
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]          
Net non-routine expense(6)       $ 34.4  
v3.22.2.2
Segment Information - Revenue by Service/Product Solution (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue from External Customer [Line Items]        
Net sales $ 810.4 $ 958.2 $ 2,491.9 $ 2,845.6
Service [Member]        
Revenue from External Customer [Line Items]        
Net sales 514.3 561.7 1,565.9 1,722.0
Product [Member]        
Revenue from External Customer [Line Items]        
Net sales 296.1 396.5 926.0 1,123.6
Global Retail [Member]        
Revenue from External Customer [Line Items]        
Net sales 225.0 288.1 742.4 897.5
Global Retail [Member] | Operating Segments [Member]        
Revenue from External Customer [Line Items]        
Net sales 225.0 288.1 742.4 897.5
Global Retail [Member] | Service [Member]        
Revenue from External Customer [Line Items]        
Net sales 130.4 147.1 405.6 466.1
Global Retail [Member] | Product [Member]        
Revenue from External Customer [Line Items]        
Net sales 94.6 141.0 336.8 431.4
Global Banking        
Revenue from External Customer [Line Items]        
Net sales 580.3 670.1 1,733.3 1,948.1
Global Banking | Operating Segments [Member]        
Revenue from External Customer [Line Items]        
Net sales 580.3 670.1 1,733.3 1,948.1
Global Banking | Service [Member]        
Revenue from External Customer [Line Items]        
Net sales 379.9 414.6 1,152.9 1,255.9
Global Banking | Product [Member]        
Revenue from External Customer [Line Items]        
Net sales 200.4 255.5 580.4 692.2
Other Segments        
Revenue from External Customer [Line Items]        
Net sales 5.1 0.0 16.2 0.0
Other Segments | Service [Member]        
Revenue from External Customer [Line Items]        
Net sales 4.0 0.0 7.4 0.0
Other Segments | Product [Member]        
Revenue from External Customer [Line Items]        
Net sales $ 1.1 $ 0.0 $ 8.8 $ 0.0
v3.22.2.2
Research and Development (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Research and Development Arrangement, Contract to Perform for Others [Line Items]          
Capitalized Computer Software, Net $ 18.9   $ 18.9   $ 50.7
Capitalized Computer Software, Additions 0.6 $ 0.3 $ 1.6 $ 0.5  
Capitalized Computer Software, Impairments $ 38.4        
v3.22.2.2
Subsequent Events (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Subsequent Event [Line Items]          
Net sales $ 810.4   $ 958.2 $ 2,491.9 $ 2,845.6
Operating profit (loss) 5.5   38.7 (169.4) 87.8
Gross profit 193.8   260.1 539.9 785.2
Asset Impairment Charges   $ 4.1 0.3 $ 64.7 $ 0.3
UKRAINE          
Subsequent Event [Line Items]          
Net sales     35.0    
Gross profit     5.0    
Russia, Rubles          
Subsequent Event [Line Items]          
Net sales     45.0    
Operating profit (loss)     $ 5.0    
Asset Impairment Charges $ 16.8