VISTEON CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Unaudited, Dollars in Millions)

December 31

December 31

2016

2015

ASSETS

Cash and equivalents

$

878

$

2,728

Short-term investments

—

47

Restricted cash

4

8

Accounts receivable, net

505

502

Inventories, net

151

187

Other current assets

170

581

Total current assets

1,708

4,053

Property and equipment, net

345

351

Intangible assets, net

129

133

Investments in non-consolidated affiliates

45

56

Other non-current assets

146

88

Total assets

$

2,373

$

4,681

LIABILITIES AND EQUITY

Distribution payable

$

15

$

1,751

Short-term debt, including current portion of long-term debt

36

37

Accounts payable

463

482

Accrued employee liabilities

103

132

Other current liabilities

294

370

Total current liabilities

911

2,772

Long-term debt

346

346

Employee benefits

303

268

Deferred tax liabilities

20

21

Other non-current liabilities

69

75

Stockholders' equity

Preferred stock

—

—

Common stock

1

1

Additional paid-in capital

1,327

1,345

Retained earnings

1,269

1,194

Accumulated other comprehensive loss

(233

(190)

Treasury stock

(1,778)

(1,293)

Total Visteon Corporation stockholders' equity

586

1,057

Non-controlling interests

138

142

Total equity

724

1,199

Total liabilities and equity

$

2,373

$

4,681