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Summary Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
Summary Quarterly Financial Data (Unaudited) Selected Quarterly Financial Data (unaudited)
Effective December 31, 2025, the Company changed its accounting method for assessing the realizability of U.S. deferred tax assets from the incremental cash tax savings methodology to the tax-law-ordering methodology. The change in methodology, effective December 31, 2025, has been determined to be a change in accounting principle and the effects of the change have been applied and disclosed retrospectively. See Note 1, "Summary of Significant Accounting Policies”.
Accordingly, the financial statements for all quarters during the year ended December 31, 2024, and the first, second, and third quarters of 2025 have been retrospectively adjusted from what was previously reported in the Quarterly Reports on Form 10-Q.
The following tables summarize the effects of the change in accounting method for select quarterly financial data.
December 31, 2025September 30, 2025June 30, 2025March 31, 2025
(In millions)As ReportedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Operations:
Income (loss) before income taxes$65 $81 $81 $97 $97 $95 $95 
Benefit from (provision for) income taxes13 (22)(90)(28)(22)(28)(26)
Net income (loss)78 59 (9)69 75 67 69 
Less: Net (income) loss attributable to non-controlling interests(4)(2)(2)(4)(4)(2)(2)
Net income (loss) attributable to Visteon Corporation$74 $57 $(11)$65 $71 $65 $67 
Basic net income per share$2.73 $2.09 $(0.40)$2.38 $2.60 $2.39 $2.46 
Diluted net income per share$2.67 $2.04 $(0.40)$2.36 $2.57 $2.36 $2.44 

December 31, 2024September 30, 2024June 30, 2024March 31, 2024
(In millions)As Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Operations:
Income (loss) before income taxes$84 $84 $51 $51 $100 $100 $63 $63 
Benefit from (provision for) income taxes41 44 (11)(10)(25)(13)(19)(13)
Net income (loss)125 128 40 41 75 87 44 50 
Less: Net (income) loss attributable to non-controlling interests(3)(3)(1)(1)(4)(4)(2)(2)
Net income (loss) attributable to Visteon Corporation$122 $125 $39 $40 $71 $83 $42 $48 
Basic net income per share$4.44 $4.55 $1.41 $1.45 $2.57 $3.01 $1.52 $1.74 
Diluted net income per share$4.37 $4.48 $1.40 $1.43 $2.54 $2.97 $1.50 $1.71 
December 31, 2025September 30, 2025June 30, 2025March 31, 2025
(In millions)As ReportedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Comprehensive Income (Loss):
Comprehensive Income$93 $60 $(8)$106 $112 $87 $89 
Comprehensive income attributable to non-controlling interests$(4)$(3)$(3)$(9)$(9)$(3)$(3)
Comprehensive Income Attributable to Visteon Corporation$89 $57 $(11)$97 $103 $84 $86 

December 31, 2024September 30, 2024June 30, 2024March 31, 2024
(In millions)As Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Comprehensive Income (Loss):
Comprehensive Income$85 $88 $69 $70 $55 $67 $29 $35 
Comprehensive income attributable to non-controlling interests$(6)$(6)$(7)$(7)$(2)$(2)$(1)$(1)
Comprehensive Income Attributable to Visteon Corporation$79 $82 $— $62 $63 $— $53 $65 $— $28 $34 

December 31, 2025September 30, 2025June 30, 2025March 31, 2025
(In millions)As ReportedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Balance Sheets:
Assets
Deferred tax assets$511 $441 $485 $444 $556 $439 $545 
Total assets$3,386 $3,254 $3,298 $3,192 $3,304 $2,997 $3,103 
Equity
Retained Earnings$2,838 $2,727 $2,771 $2,678 $2,790 $2,613 $2,719 
Total Visteon Corporation stockholders' equity$1,568 $1,483 $1,527 $1,422 $1,534 $1,313 $1,419 
Total equity$1,651 $1,562 $1,606 $1,498 $1,610 $1,397 $1,503 
Total liabilities and equity$3,386 $3,254 $3,298 $3,192 $3,304 $2,997 $3,103 
December 31, 2024September 30, 2024June 30, 2024March 31, 2024
(In millions)As Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Balance Sheets:
Assets
Deferred tax assets$441 $545 $387 $488 $371 $471 $378 $466 
Total assets$2,862 $2,966 $2,893 $2,994 $2,731 $2,831 $2,739 $2,827 
Equity
Retained Earnings$2,548 $2,652 $2,426 $2,527 $2,387 $2,487 $2,316 $2,404 
Total Visteon Corporation stockholders' equity$1,229 $1,333 $1,185 $1,286 $1,113 $1,213 $1,049 $1,137 
Total equity$1,310 $1,414 $1,273 $1,374 $1,198 $1,298 $1,134 $1,222 
Total liabilities and equity$2,862 $2,966 $2,893 $2,994 $2,731 $2,831 $2,739 $2,827 

Year Ended December 31, 2025Nine months ended September 30, 2025Six months ended June 30, 2025Three months ended March 31, 2025
(In millions)As ReportedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Cash Flows:
Net income (loss)213 195 135 136 144 67 69 
U.S. deferred tax benefit55 61 — (8)— (2)


Year Ended December 31, 2024Nine months ended September 30, 2024Six months ended June 30, 2024Three months ended March 31, 2024
(In millions)As Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statement of Cash Flows:
Net income (loss)284 306 159 178 119 137 44 50 
U.S. deferred tax benefit(49)(71)(7)(26)— (18)— (6)
December 31, 2025September 30, 2025June 30, 2025March 31, 2025
(In millions)As Reported As Originally ReportedAs AdjustedAs Originally ReportedAs AdjustedAs Originally ReportedAs Adjusted
Condensed Consolidated Statements of Changes in Equity:
Retained Earnings
Cumulative effect adjustment to beginning balance$2,771 $2,678 $2,790 $2,613 $2,719 $2,548 $2,652 
Net income (loss) attributable to Visteon Corporation$74 $57 $(11)$65 $71 $65 $67 
Ending Balance$2,838 $2,727 $2,771 $2,678 $2,790 $2,613 $2,719 
Total Visteon Corporation Stockholders' Equity
Cumulative effect adjustment to beginning balance$1,527 $1,422 $1,534 $1,313 $1,419 $1,229 $1,333 
Net income (loss) attributable to Visteon Corporation$74 $57 $(11)$65 $71 $65 $67 
Ending Balance$1,568 $1,483 $1,527 $1,422 $1,534 $1,313 $1,419 
Total Equity
Cumulative effect adjustment to beginning balance$1,606 $1,498 $1,610 $1,397 $1,503 $1,310 $1,414 
Net income (loss)$78 $59 $(9)$69 $75 $67 $69 
Ending Balance$1,651 $1,562 $1,606 $1,498 $1,610 $1,397 $1,503