Stock-holders' Equity and Non-controlling Interests (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Non-controlling Interests [Table Text Block]

The Company's non-controlling interests are as follows:

	September 30,		December 31,
(In millions)	2020		2019
Yanfeng Visteon Automotive Electronics Co., Ltd.	$	53	$	56
Shanghai Visteon Automotive Electronics, Co., Ltd.	43		41
Changchun Visteon FAWAY Electronics, Co., Ltd.	19		17
Other	2		1
	$	117	$	115

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Changes in Accumulated other comprehensive income (loss) (“AOCI”) and reclassifications out of AOCI by component include:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2020		2019		2020		2019
Changes in AOCI:
Beginning balance	$	(299)	$	(215)	$	(267)	$	(216)
Other comprehensive income (loss) before reclassification, net of tax	18		(17)		(13)		(14)
Amounts reclassified from AOCI	(1)		(2)		(2)		(4)
Ending balance	$	(282)	$	(234)	$	(282)	$	(234)
Changes in AOCI by Component:
Foreign currency translation adjustments
Beginning balance	$	(185)	$	(140)	$	(153)	$	(142)
Other comprehensive income (loss) before reclassification, net of tax (a)	28		(28)		(4)		(26)
Ending balance	(157)		(168)		(157)		(168)
Net investment hedge
Beginning balance	9		(1)		4		(5)
Other comprehensive income (loss) before reclassification, net of tax (a)	(9)		13		(1)		20
Amounts reclassified from AOCI	(2)		(2)		(5)		(5)
Ending balance	(2)		10		(2)		10
Benefit plans
Beginning balance	(111)		(70)		(114)		(71)
Other comprehensive income (loss) before reclassification, net of tax (b)	(2)		—		—		—
Amounts reclassified from AOCI	1		—		2		1
Ending balance	(112)		(70)		(112)		(70)
Unrealized hedging gain (loss)
Beginning balance	(12)		(4)		(4)		2
Other comprehensive income (loss) before reclassification, net of tax (c)	1		(2)		(8)		(8)
Amounts reclassified from AOCI	—		—		1		—
Ending balance	(11)		(6)		(11)		(6)
Total AOCI	$	(282)	$	(234)	$	(282)	$	(234)

(a) There were no income tax effects for either period due to the valuation allowance.

(b) Net tax expense was less than $1 million related to benefit plans for the three and nine months ended September 30, 2020 and 2019.

(c) There were no income tax effects related to unrealized hedging gain (loss) for either period due to the valuation allowance.