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Revenue Recognition and Geographical Information
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information and Revenue Recognition
The Company manages the business activities on a consolidated basis and operates in one reportable segment. The Company’s reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment systems, audio systems, telematics solutions, battery monitoring systems, and head-up displays. As the Company has one reportable segment, net sales, total assets, depreciation, amortization and capital expenditures are equal to consolidated results.

Financial results for the Company's reportable segment have been prepared using a management approach, which is consistent with the basis and manner in which financial information is evaluated by the Company's Chief Operating Decision Maker ("CODM") in allocating resources and in assessing performance. The Company’s CODM is the Chief Executive Officer. The measurement of segment profit or loss that the CODM uses to evaluates the performance of the Company’s segment is net income attributable to Visteon Corporation. Financial forecasts and budget to actual results used by the CODM to assess performance and allocate resources, as well as those used for strategic decisions related to headcount and capital expenditures are reviewed on a consolidated basis. The CODM considers the impact of the significant segment expenses in the table below on net income when deciding whether to reinvest profits, propose dividends or share repurchase, or pursue strategic mergers and acquisitions.

A summary of segment revenue, segment net income (loss) attributable to Visteon Corporation, and significant segment expense for the periods ended June 30, 2025 and 2024 is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net sales
969 1,014 1,903 1,947 
Significant expenses:
Other cost of sales746 790 1,463 1,520 
Other selling, general and administrative39 41 77 85 
Gross engineering costs88 81 168 164 
Engineering recoveries(36)(31)(64)(54)
Depreciation and amortization
27 24 52 46 
Non-cash stock-based compensation
12 11 23 21 
Restructuring, net1 1 1 3 
Interest expense4 4 7 8 
Interest income(6)(4)(10)(8)
Equity in net loss (income) of non-consolidated affiliates(2)— (4)4 
Other (income) loss, net(1)(3)(2)(5)
Provision for (benefit from) income taxes
28 25 56 44 
Net income (loss)69 75 136 119 
Less: Net (income) loss attributable to non-controlling interests
(4)(4)(6)(6)
Net income (loss) attributable to Visteon Corporation
$65 $71 $130 $113 


Other cost of sales excludes depreciation and amortization, non-cash stock-based compensation, and engineering recoveries which are presented individually above.

Other selling, general and administrative excludes depreciation and amortization and non-cash stock-based compensation which are presented individually above.

Financial Information by Geographic Region

Disaggregated net sales by geographical market and product lines is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2025202420252024
Geographical Markets
Europe$341 $328 $667 $641 
Americas330 364 645 660
China Domestic84 119 163 233
China Export59 69 116 139
Other Asia-Pacific189 168 382 341
Eliminations(34)(34)(70)(67)
$969 $1,014 $1,903 $1,947 
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2025202420252024
Product Lines
Instrument clusters$451 $448 $886 $888 
Infotainment140 119 265 237 
Information displays126 104 248 185 
Cockpit domain controller111 145 228 286 
Body and electrification electronics102 152 200 261 
Other39 46 76 90 
$969 $1,014 $1,903 $1,947