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Segment Information and Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Reconciliation of Adjusted EBITDA to Net Income Attributable to the Company | Segment Adjusted EBITDA and reconciliation to net income (loss) attributable to Visteon is as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Net income (loss) attributable to Visteon Corporation | $ | (11) |  |  | $ | (45) |  |  | $ | 5 |  |  | $ | (80) |
Depreciation and amortization | 28 |  |  | 25 |  |  | 55 |  |  | 50 |
Non-cash, stock-based compensation expense | 5 |  |  | 4 |  |  | 9 |  |  | 9 |
Provision for income taxes | 4 |  |  | 2 |  |  | 16 |  |  | 7 |
Interest expense, net | 2 |  |  | 3 |  |  | 4 |  |  | 5 |
Net income (loss) attributable to non-controlling interests | — |  |  | 3 |  |  | 3 |  |  | 2 |
Restructuring, net | 1 |  |  | 4 |  |  | — |  |  | 37 |
Equity in net income of non-consolidated affiliates | — |  |  | (1) |  |  | — |  |  | (2) |
Other | 1 |  |  | 2 |  |  | 2 |  |  | 2 |
Adjusted EBITDA | $ | 30 |  |  | $ | (3) |  |  | $ | 94 |  |  | $ | 30 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | Disaggregated net sales by geographical market and product lines is as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Geographical Markets |  |  |  |  |  |  |
Europe | $ | 219 |  |  | $ | 132 |  |  | $ | 495 |  |  | $ | 386 |
Americas | 159 |  |  | 62 |  |  | 361 |  |  | 254 |
China Domestic | 115 |  |  | 126 |  |  | 239 |  |  | 183 |
China Export | 43 |  |  | 23 |  |  | 97 |  |  | 87 |
Other Asia-Pacific | 95 |  |  | 38 |  |  | 214 |  |  | 154 |
Eliminations | (21) |  |  | (10) |  |  | (50) |  |  | (50) |
| $ | 610 |  |  | $ | 371 |  |  | $ | 1,356 |  |  | $ | 1,014 |
Schedule of Revenue from External Customers by Products and Services |
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Product Lines |  |  |  |  |  |  |
Instrument clusters | $ | 329 |  |  | $ | 201 |  |  | $ | 716 |  |  | $ | 513 |
Audio and infotainment | 103 |  |  | 54 |  |  | 248 |  |  | 199 |
Information displays | 96 |  |  | 54 |  |  | 213 |  |  | 163 |
Body and security | 28 |  |  | 13 |  |  | 63 |  |  | 38 |
Climate controls | 15 |  |  | 7 |  |  | 29 |  |  | 17 |
Telematics | 16 |  |  | 17 |  |  | 34 |  |  | 29 |
Other | 23 |  |  | 25 |  |  | 53 |  |  | 55 |
| $ | 610 |  |  | $ | 371 |  |  | $ | 1,356 |  |  | $ | 1,014 |

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
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