Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and equivalents	$ 846	$ 2,728
Short-term Investments	0	47
Restricted cash	6	8
Accounts receivable, net	483	502
Inventories, net	187	187
Other current assets	189	581
Total current assets	1,711	4,053
Property and equipment, net	342	351
Intangible assets, net	123	133
Investments in non-consolidated affiliates	58	56
Other non-current assets	110	88
Total assets	2,344	4,681
LIABILITIES AND EQUITY
Distribution Payable	15	1,751
Short-term debt, including current portion of long-term debt	25	37
Accounts payable	455	482
Accrued employee liabilities	96	132
Other current liabilities	279	370
Total current liabilities	870	2,772
Long-term debt	347	346
Employee benefits	259	268
Deferred tax liabilities	23	21
Other non-current liabilities	81	75
Stockholders' equity:
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding at March 31, 2016 and December 31, 2015)	0	0
Common stock (par value $0.01, 250 million shares authorized, 55 million and 55 million shares issued, and 34 million and 40 million shares outstanding at March 31, 2016 and December 31, 2015, respectively)	1	1
Additional paid-in capital	1,245	1,345
Retained earnings	1,239	1,194
Accumulated other comprehensive loss	(170)	(190)
Treasury stock	(1,699)	(1,293)
Total Visteon Corporation stockholders' equity	616	1,057
Non-controlling interests	148	142
Total equity	764	1,199
Total liabilities and equity	$ 2,344	$ 4,681