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Segment Information and Revenue Recognition (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
(In millions)			2021						2020						2021						2020
Net income (loss) attributable to Visteon Corporation			$	5					$	6					$	10					$	(74)
Depreciation and amortization			27						25						82						75
Non-cash, stock-based compensation expense			4						4						13						13
Provision for income taxes			4						12						20						19
Interest expense, net			2						5						6						10
Net income (loss) attributable to non-controlling interests			2						4						5						6
Restructuring, net			(2)						32						(2)						69
Equity in net income of non-consolidated affiliates			(2)						(2)						(2)						(4)
Other			2						1						4						3
Adjusted EBITDA			$	42					$	87					$	136					$	117

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 September 30,												Nine Months Ended September 30,
(In millions)			2021						2020						2021						2020
Geographical Markets
Europe			$	212					$	281					$	707					$	667
Americas			158						192						519						446
China Domestic			145						140						384						323
China Export			51						58						148						145
Other Asia-Pacific			94						107						309						261
Eliminations			(29)						(31)						(80)						(81)
			$	631					$	747					$	1,987					$	1,761

Schedule of Revenue from External Customers by Products and Services

			Three Months Ended September 30,												Nine Months Ended September 30,
(In millions)			2021						2020						2021						2020
Product Lines
Instrument clusters			$	345					$	388					$	1,062					$	901
Audio and infotainment			122						134						369						333
Information displays			71						135						282						298
Body and security			25						28						88						66
Telematics			15						14						49						43
Climate controls			13						14						42						31
Other			40						34						95						89
			$	631					$	747					$	1,987					$	1,761

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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-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
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
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-URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227

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