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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and equivalents $ 466 $ 463
Restricted cash 3 4
Accounts receivable, net 514 486
Inventories, net 169 184
Other current assets 193 159
Total current assets 1,345 1,296
Property and equipment, net 436 397
Intangible assets, net 127 129
Operating Lease, Right-of-Use Asset 165 0
Investments in non-consolidated affiliates 48 42
Other non-current assets 150 143
Total assets 2,271 2,007
LIABILITIES AND EQUITY    
Short-term debt, including current portion of long-term debt 37 57
Accounts payable 511 436
Accrued employee liabilities 73 67
Operating Lease, Liability, Current 30 0
Other current liabilities 147 161
Total current liabilities 798 721
Long-term debt 348 348
Employee benefits 292 257
Operating Lease, Liability, Noncurrent 139 0
Deferred tax liabilities 27 23
Other non-current liabilities 72 76
Stockholders' equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding at December 31, 2017 and 2016) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 31 million and 33 million shares outstanding at December 31, 2017 and 2016, respectively) 1 1
Additional paid-in capital 1,342 1,335
Retained earnings 1,679 1,609
Accumulated other comprehensive loss (267) (216)
Treasury stock (2,275) (2,264)
Total Visteon Corporation stockholders' equity 480 465
Non-controlling interests 115 117
Total equity 595 582
Total liabilities and equity $ 2,271 $ 2,007