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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues $ 747 $ 731 $ 1,761 $ 2,201
Cost of Goods and Services Sold (648) (647) (1,605) (1,981)
Gross margin 99 84 156 220
Selling, general and administrative expenses (45) (52) (140) (167)
Restructuring charges, net of reversals (32) 1 (69) 2
Interest expense (6) (4) (14) (10)
Interest income 1 1 4 3
Equity in net income of (loss) non-consolidated affiliates 2 1 4 7
Other expense, net 3 2 10 7
Income (loss) before income taxes 22 31 (49) 58
Provision for income taxes (12) (13) (19) (16)
Net income (loss) 10 18 (68) 42
Net income attributable to non-controlling interests (4) (4) (6) (7)
Net income (loss) attributable to Visteon Corporation $ 6 $ 14 $ (74) $ 35
Basic earnings (loss) per share:        
Basic earnings (loss) attributable to Visteon Corporation $ 0.22 $ 0.50 $ (2.65) $ 1.25
Diluted earnings (loss) per share        
Diluted earnings (loss) attributable to Visteon Corporation $ 0.21 $ 0.50 $ (2.65) $ 1.24
Comprehensive income:        
Comprehensive income (loss) $ 30 $ (4) $ (80) $ 21
Comprehensive income (loss) attributable to Visteon Corporation 23 (5) (89) 17
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 7 1 9 $ 4
Retained Earnings [Member]        
Net income (loss) attributable to Visteon Corporation $ 6 $ 14 $ (74)