|
VISTEON CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in Millions) (Unaudited) | |||||||
|
| |||||||
|
|
March 31 |
|
December 31 | ||||
|
|
2015 |
|
2014 | ||||
|
ASSETS |
|
|
| ||||
|
Cash and equivalents |
$ |
907 |
|
|
$ |
822 |
|
|
Restricted cash |
9 |
|
|
9 |
| ||
|
Accounts receivable, net |
1,367 |
|
|
1,351 |
| ||
|
Inventories, net |
541 |
|
|
537 |
| ||
|
Other current assets |
428 |
|
|
415 |
| ||
|
Total current assets |
3,252 |
|
|
3,134 |
| ||
|
|
|
|
| ||||
|
Property and equipment, net |
1,365 |
|
|
1,440 |
| ||
|
Intangible assets, net |
393 |
|
|
407 |
| ||
|
Investments in affiliates |
166 |
|
|
165 |
| ||
|
Other non-current assets |
163 |
|
|
177 |
| ||
|
Total assets |
$ |
5,339 |
|
|
$ |
5,323 |
|
|
|
|
|
| ||||
|
LIABILITIES AND EQUITY |
|
|
| ||||
|
Short-term debt, including current portion of long-term debt |
$ |
124 |
|
|
$ |
142 |
|
|
Accounts payable |
1,257 |
|
|
1,186 |
| ||
|
Accrued employee liabilities |
152 |
|
|
174 |
| ||
|
Other current liabilities |
396 |
|
|
330 |
| ||
|
Total current liabilities |
1,929 |
|
|
1,832 |
| ||
|
|
|
|
| ||||
|
Long-term debt |
833 |
|
|
839 |
| ||
|
Employee benefits |
528 |
|
|
566 |
| ||
|
Deferred tax liabilities |
121 |
|
|
120 |
| ||
|
Other non-current liabilities |
105 |
|
|
145 |
| ||
|
|
|
|
| ||||
|
Stockholders' equity |
|
|
| ||||
|
Preferred stock |
— |
|
|
— |
| ||
|
Common stock |
1 |
|
|
1 |
| ||
|
Stock warrants |
2 |
|
|
3 |
| ||
|
Additional paid-in capital |
1,254 |
|
|
1,246 |
| ||
|
Retained earnings |
711 |
|
|
661 |
| ||
|
Accumulated other comprehensive loss |
(341) |
|
|
(299) |
| ||
|
Treasury stock |
(744) |
|
|
(747) |
| ||
|
Total Visteon Corporation stockholders' equity |
883 |
|
|
865 |
| ||
|
Non-controlling interests |
940 |
|
|
956 |
| ||
|
Total equity |
1,823 |
|
|
1,821 |
| ||
|
Total liabilities and equity |
$ |
5,339 |
|
|
$ |
5,323 |
|
