XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net sales $ 1,014 $ 983 $ 1,947 $ 1,950
Cost of sales (867) (879) (1,681) (1,736)
Gross margin 147 104 266 214
Selling, general and administrative expenses (49) (52) (101) (104)
Restructuring, net (1) (1) (3) (2)
Interest expense (4) (4) (8) (9)
Interest income 4 1 8 3
Equity in net income (loss) of non-consolidated affiliates 0 (2) (4) (7)
Other income (expense), net 3 (10) 5 (7)
Income (loss) before income taxes 100 36 163 88
Provision for income taxes (25) (13) (44) (27)
Net income (loss) 75 23 119 61
Less: Net (income) loss attributable to non-controlling interests (4) (3) (6) (7)
Net income (loss) attributable to Visteon Corporation 71 20   54
Comprehensive income:        
Comprehensive income (loss) 55 3 84 56
Less: Comprehensive (income) loss attributable to non-controlling interests (2) 1 (3) (2)
Comprehensive income (loss) attributable to Visteon Corporation $ 53 $ 4 $ 81 $ 54
Basic earnings (loss) per share:        
Basic earnings (loss) per share attributable to Visteon Corporation (in dollars per share) $ 2.57 $ 0.71 $ 4.09 $ 1.91
Diluted earnings (loss) per share        
Diluted earnings (loss) per share attributable to Visteon Corporation (in dollars per share) $ 2.54 $ 0.70 $ 4.05 $ 1.88