XML 35 R22.htm IDEA: XBRL DOCUMENT v3.24.2
Non-Consolidated Affiliates (Tables)
6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Summary of Investment in Non-consolidated Affiliates
The Company's investments in non-consolidated equity method affiliates include the following:

June 30,December 31,
(In millions)20242023
Yanfeng Visteon Investment Co., Ltd. ("YFVIC") (50%)
$1 $8 
Limited partnerships15 15 
Other
9 12 
Total investments in non-consolidated affiliates
$25 $35 
The Company's investments in YFVIC consists of the following:
June 30,December 31,
(In millions)20242023
Payables due to YFVIC
$18 $24 
Exposure to loss in YFVIC:
Investment in YFVIC
$1 $8 
Receivables due from YFVIC, net
13 19 
Loan receivable from YFVIC
5 — 
    Maximum exposure to loss in YFVIC
$19 $27 
During the second quarter of 2024, the Company extended a loan to YFVIC in the amount of $5 million, which is recorded in Other current assets.
Non-Consolidated affiliate Transactions