Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Discontinued operations are summarized as follows:

	Three Months Ended March 31
	2016			2015
	(Dollars in Millions)
Sales	$	9		$	1,235
Cost of sales	13			1,138
Gross margin	(4		)	97
Selling, general and administrative expenses	—			40
Loss and impairment on Interiors Divestiture	1			14
Restructuring expense	—			1
Interest expense, net	—			1
Equity in net income of non-consolidated affiliates	—			3
Other expense, net	—			6
(Loss) income from discontinued operations before income taxes	(5		)	38
Provision for (benefit from) income taxes	8			(8		)
(Loss) income from discontinued operations, net of tax	(13		)	46
Net income attributable to non-controlling interests	—			15
Net (loss) income from discontinued operations attributable to Visteon	$	(13	)	$	31

Cash and non-cash items for certain operating and investing activities related to discontinued operations for the three months ended March 31, 2016 and 2015 are as follows:

	Three Months Ended March 31
	2016		2015
	(Dollars in Millions)
Depreciation and amortization	$	—	$	47
Asset impairments and losses on divestiture	$	1	$	14
Capital expenditures	$	1	$	29

Disposal group, including discontinued operations, held for sale table [Table Text Block]

Held for sale balances, classified as "Other current assets" and "Other current liabilities" on the consolidated balance sheets are summarized as follows:

	March 31		December 31
	2016		2015
	(Dollars in Millions)
ASSETS HELD FOR SALE
Cash and equivalents	$	2	$	1
Accounts receivable, net	9		9
Inventories, net	5		4
Other current assets	4		3
Total current assets held for sale	20		17
Total assets held for sale	$	20	$	17
LIABILITIES HELD FOR SALE
Accounts payable	6		6
Employee benefits	3		2
Other current liabilities	1		1
Total current liabilities held for sale	10		9
Total liabilities held for sale	$	10	$	9