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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and equivalents $ 822 $ 466
Restricted cash 3 3
Accounts receivable, net 401 514
Inventories, net 180 169
Other current assets 177 193
Total current assets 1,583 1,345
Property and equipment, net 420 436
Intangible assets, net 126 127
Operating Lease, Right-of-Use Asset 161 165
Investments in non-consolidated affiliates 48 48
Other non-current assets 150 150
Total assets 2,488 2,271
LIABILITIES AND EQUITY    
Short-term debt, including current portion of long-term debt 36 37
Accounts payable 442 511
Accrued employee liabilities 59 73
Operating Lease, Liability, Current 30 30
Other current liabilities 162 147
Total current liabilities 729 798
Long-term debt 748 348
Employee benefits 284 292
Operating Lease, Liability, Noncurrent 140 139
Deferred tax liabilities 27 27
Other non-current liabilities 59 72
Stockholders' equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of March 31, 2020 and December 31, 2019) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 28 million shares outstanding as of March 31, 2020 and December 31, 2019) 1 1
Additional paid-in capital 1,337 1,342
Retained earnings 1,644 1,679
Accumulated other comprehensive loss (304) (267)
Treasury stock (2,284) (2,275)
Total Visteon Corporation stockholders' equity 394 480
Non-controlling interests 107 115
Total equity 501 595
Total liabilities and equity $ 2,488 $ 2,271