XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 758 $ 774 $ 1,572 $ 1,584
Cost of Goods and Services Sold (654) (663) (1,339) (1,344)
Gross margin 104 111 233 240
Selling, general and administrative expenses (55) (54) (99) (106)
Restructuring charges, net of reversals (5) (3) (10) (4)
Interest expense (3) (5) (7) (11)
Interest income 1 1 3 2
Equity in net income of (loss) non-consolidated affiliates 4 3 7 5
Other expense, net 3 5 10 7
Income (loss) before income taxes 49 58 137 133
Provision for income taxes (12) (10) (33) (26)
Net income (loss) from continuing operations 37 48 104 107
(Loss) income from discontinued operations, net of tax (1) 0 1 8
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (1) 0 1 8
Net income (loss) 36 48 105 115
Net income attributable to non-controlling interests (1) (3) (5) (7)
Net income (loss) attributable to Visteon Corporation $ 35 $ 45 $ 100 $ 108
Basic earnings (loss) per share:        
Continuing operations $ 1.22 $ 1.43 $ 3.29 $ 3.12
Discontinued operations (0.03) 0.00 0.03 0.25
Basic earnings (loss) attributable to Visteon Corporation 1.19 1.43 3.32 3.37
Diluted earnings (loss) per share        
Continuing operations 1.20 1.41 3.26 3.07
Discontinued operations (0.03) 0.00 0.03 0.24
Diluted earnings (loss) attributable to Visteon Corporation $ 1.17 $ 1.41 $ 3.29 $ 3.31
Comprehensive income:        
Comprehensive income (loss) $ (9) $ 56 $ 83 $ 146
Comprehensive income (loss) attributable to Visteon Corporation $ (3) $ 52 $ 79 $ 137