v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and equivalents $ 623 $ 515
Restricted cash 3 3
Accounts receivable, net 578 666
Inventories, net 283 298
Other current assets 109 134
Total current assets 1,596 1,616
Property and equipment, net 452 418
Intangible assets, net 152 90
Right-of-use assets 100 109
Investments in non-consolidated affiliates 27 35
Deferred Tax Assets, Tax Deferred Expense 441 384
Other non-current assets 94 75
Total assets 2,862 2,727
LIABILITIES AND EQUITY    
Short-term debt 18 18
Accounts payable 505 551
Accrued employee liabilities 107 99
Current lease liability 29 30
Other current liabilities 257 233
Total current liabilities 916 931
Long-term debt, net 301 318
Employee benefits 127 160
Non-current lease liability 78 79
Deferred Income Tax Liabilities, Net 43 31
Other non-current liabilities 87 85
Stockholders’ equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of December 31, 2024 and 2023) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 27.2 and 27.7 million shares outstanding as of December 31, 2024 and December 31, 2023, respectively) 1 1
Additional paid-in capital 1,376 1,356
Retained earnings 2,548 2,274
Accumulated other comprehensive loss (306) (254)
Treasury stock (2,390) (2,339)
Total Visteon Corporation stockholders’ equity 1,229 1,038
Non-controlling interests 81 85
Total equity 1,310 1,123
Total liabilities and equity $ 2,862 $ 2,727
Common stock, shares outstanding (in shares) 27.2 27.7