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Segment Information and Revenue Recognition (Tables)

6 Months Ended

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

X

- 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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
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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

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-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

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Reconciliation of Adjusted EBITDA to Net Income Attributable to the Company [Table Text Block]

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