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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and equivalents $ 523 $ 706
Restricted cash 3 3
Accounts receivable, net 498 530
Inventories, net 199 189
Other current assets 194 175
Total current assets 1,417 1,603
Property and equipment, net 389 377
Intangible assets, net 133 132
Investments in non-consolidated affiliates 45 41
Other non-current assets 161 151
Total assets 2,145 2,304
LIABILITIES AND EQUITY    
Short-term debt, including current portion of long-term debt 35 46
Accounts payable 493 470
Accrued employee liabilities 80 105
Other current liabilities 179 180
Total current liabilities 787 801
Long-term debt 347 347
Employee benefits 275 277
Deferred tax liabilities 22 23
Other non-current liabilities 99 95
Stockholders' equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of March 31, 2018 and December 31, 2017) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 30 and 31 million shares outstanding as of March 31, 2018 and December 31, 2017, respectively) 1 1
Additional paid-in capital 1,291 1,339
Retained earnings 1,510 1,445
Accumulated other comprehensive loss (157) (174)
Treasury stock (2,139) (1,974)
Total Visteon Corporation stockholders' equity 506 637
Non-controlling interests 109 124
Total equity 615 761
Total liabilities and equity $ 2,145 $ 2,304