| Stockholders’ Equity and Non-controlling Interests Non-Controlling Interests The Company's non-controlling interests are as follows: | | | | | | | | | | | | | June 30, | | December 31, | | (In millions) | 2024 | | 2023 | | Shanghai Visteon Automotive Electronics, Co., Ltd. | $ | 51 | | | $ | 51 | | | Yanfeng Visteon Automotive Electronics Co., Ltd. | 20 | | | 18 | | Changchun Visteon FAWAY Automotive Electronics, Co., Ltd. | 13 | | | 14 | | Other | 1 | | | 2 | | | $ | 85 | | | $ | 85 | |
During the six months ended June 30, 2024, the Company paid approximately $1 million to buy-out the shares of a minority joint venture partner in Tunisia. Accumulated Other Comprehensive Income (Loss)
Changes in Accumulated other comprehensive income (loss) (“AOCI”) and reclassifications out of AOCI by component include: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (In millions) | 2024 | | 2023 | | 2024 | | 2023 | Changes in AOCI: | | | | | | | | Beginning balance | $ | (268) | | | $ | (197) | | | $ | (254) | | | $ | (213) | | Other comprehensive income (loss) before reclassification, net of tax | (21) | | | (19) | | | (38) | | | (4) | | Amounts reclassified from AOCI | 3 | | | 3 | | | 6 | | | 4 | | Ending balance | $ | (286) | | | $ | (213) | | | $ | (286) | | | $ | (213) | | Changes in AOCI by Component: | | | | | | | | Foreign currency translation adjustments | | | | | | | | Beginning balance | $ | (214) | | | $ | (189) | | | $ | (192) | | | $ | (210) | | Other comprehensive income (loss) before reclassification, net of tax | (24) | | | (19) | | | (46) | | | 2 | | Ending balance | (238) | | | (208) | | | (238) | | | (208) | | Net investment hedge | | | | | | | | Beginning balance | 12 | | | 11 | | | 5 | | | 12 | | Other comprehensive income (loss) before reclassification, net of tax | 3 | | | (2) | | | 10 | | | (3) | | Amounts reclassified from AOCI | — | | | — | | | — | | | — | | Ending balance | 15 | | | 9 | | | 15 | | 9 | | Benefit plans | | | | | | | | Beginning balance | (76) | | | (26) | | | (76) | | | (25) | | Other comprehensive income (loss) before reclassification, net of tax | — | | | — | | | — | | | — | | | Amounts reclassified from AOCI | — | | | — | | | — | | | (1) | | Ending balance | (76) | | | (26) | | | (76) | | | (26) | | Unrealized hedging gain (loss) | | | | | | | | Beginning balance | 10 | | | 7 | | | 9 | | | 10 | | Other comprehensive income (loss) before reclassification, net of tax | — | | | 2 | | | (2) | | | (3) | | | Amounts reclassified from AOCI | 3 | | | 3 | | | 6 | | | 5 | | Ending balance | 13 | | | 12 | | | 13 | | | 12 | | Total AOCI | $ | (286) | | | $ | (213) | | | $ | (286) | | | $ | (213) | |
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