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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues $ 371 $ 733 $ 1,014 $ 1,470
Cost of Goods and Services Sold (367) (663) (957) (1,334)
Gross margin 4 70 57 136
Selling, general and administrative expenses (41) (58) (95) (115)
Restructuring charges, net of reversals (4) 0 (37) 1
Interest expense (5) (3) (8) (6)
Interest income 2 1 3 2
Equity in net income of (loss) non-consolidated affiliates 1 3 2 6
Other expense, net 3 3 7 5
Income (loss) before income taxes (40) 16 (71) 27
Provision for income taxes (2) (8) (7) (3)
(Loss) income from discontinued operations, net of tax 0 0    
Net income (loss) (42) 8 (78) 24
Net income attributable to non-controlling interests (3) (1) (2) (3)
Net income (loss) attributable to Visteon Corporation $ (45) $ 7 $ (80) $ 21
Basic earnings (loss) per share:        
Basic earnings (loss) attributable to Visteon Corporation $ (1.62) $ 0.25 $ (2.87) $ 0.75
Diluted earnings (loss) per share        
Diluted earnings (loss) attributable to Visteon Corporation $ (1.62) $ 0.25 $ (2.87) $ 0.74
Comprehensive income:        
Comprehensive income (loss) $ (37) $ 4 $ (110) $ 25
Comprehensive income (loss) attributable to Visteon Corporation (40) 4 (112) $ 22
Retained Earnings [Member]        
Net income (loss) attributable to Visteon Corporation $ (45) $ 7 $ (80)