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Stockholders' Equity and Non-controlling Interests
 3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Shareholders' Equity and Non-controlling Interests Stockholders’ Equity and Non-controlling Interests
Share Repurchase Program
During 2019, the Company purchased a total of 322,120 shares of Visteon common stock at an average price of $62.06 for an aggregate purchase amount of $20 million pursuant to various programs with third-party financial institutions.

During the three months ended March 31, 2020, the Company purchased a total of 233,769 shares of Visteon common stock at an average price of $67.87 for an aggregate purchase amount of $16 million pursuant to an agreement with a third-party financial institution.

As of March 31, 2020, $364 million is available for additional share repurchases under the Board of Directors authorization which expires on December 31, 2020. The Company currently does not intend to repurchase additional shares.
 
Non-Controlling Interests

The Company's non-controlling interests are as follows:
 
March 31
 
December 31
(In millions)
2020
 
2019
Yanfeng Visteon Automotive Electronics Co., Ltd.
$
48

 
$
56

Shanghai Visteon Automotive Electronics, Co., Ltd.
41

 
41

Changchun Visteon FAWAY Electronics, Co., Ltd.
17

 
17

Other
1

 
1

 
$
107

 
$
115



Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive income (loss) (“AOCI”) and reclassifications out of AOCI by component include:
 
Three Months Ended March 31
(In millions)
2020
 
2019
Changes in AOCI:
 
 
 
Beginning balance
$
(267
)
 
$
(216
)
Other comprehensive income (loss) before reclassification, net of tax
(37
)
 
5

Amounts reclassified from AOCI
—

 
(1
)
Ending balance
$
(304
)
 
$
(212
)
Changes in AOCI by Component:
Foreign currency translation adjustments
 
 
 
  Beginning balance
$
(153
)
 
$
(142
)
Other comprehensive loss before reclassification, net of tax (a)
(38
)
 
—

  Ending balance
(191
)
 
(142
)
Net investment hedge
 
 
 
  Beginning balance
4

 
(5
)
  Other comprehensive income before reclassification, net of tax (a)
9

 
7

  Amounts reclassified from AOCI
(1
)
 
(1
)
  Ending balance
12

 
1

Benefit plans
 
 
 
  Beginning balance
(114
)
 
(71
)
  Other comprehensive income before reclassification, net of tax (b)
1

 
—

  Amounts reclassified from AOCI
1

 
—

  Ending balance
(112
)
 
(71
)
Unrealized hedging gain (loss)
 
 
 
  Beginning balance
(4
)
 
2

  Other comprehensive loss before reclassification, net of tax (c)
(9
)
 
(2
)
  Ending balance
(13
)
 
—

Total AOCI
$
(304
)
 
$
(212
)
(a) There were no income tax effects for either period due to the valuation allowance.
(b) Net tax expense was less than $1 million related to benefit plans for the three months ended March 31, 2020 and 2019.
(c) There were no income tax effects related to unrealized hedging gain (loss) for either period due to the valuation allowance.