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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and equivalents $ 755 $ 466
Restricted cash 4 3
Accounts receivable, net 334 514
Inventories, net 170 169
Other current assets 163 193
Total current assets 1,426 1,345
Property and equipment, net 416 436
Intangible assets, net 125 127
Operating Lease, Right-of-Use Asset 157 165
Investments in non-consolidated affiliates 50 48
Other non-current assets 146 150
Total assets 2,320 2,271
LIABILITIES AND EQUITY    
Short-term debt, including current portion of long-term debt 22 37
Accounts payable 332 511
Accrued employee liabilities 59 73
Operating Lease, Liability, Current 29 30
Other current liabilities 156 147
Total current liabilities 598 798
Long-term debt 748 348
Employee benefits 281 292
Operating Lease, Liability, Noncurrent 135 139
Deferred tax liabilities 28 27
Other non-current liabilities 62 72
Stockholders' equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of June 30, 2020 and December 31, 2019) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 28 million shares outstanding as of June 30, 2020 and December 31, 2019) 1 1
Additional paid-in capital 1,341 1,342
Retained earnings 1,599 1,679
Accumulated other comprehensive loss (299) (267)
Treasury stock (2,284) (2,275)
Total Visteon Corporation stockholders' equity 358 480
Non-controlling interests 110 115
Total equity 468 595
Total liabilities and equity $ 2,320 $ 2,271