VISTEON CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in Millions) (Unaudited)
| |||||||
|
June 30 |
|
December 31 | ||||
|
2015 |
|
2014 | ||||
ASSETS |
|
|
| ||||
Cash and equivalents |
$ |
2,857 |
|
|
$ |
476 |
|
Restricted cash |
9 |
|
|
9 |
| ||
Accounts receivable, net |
554 |
|
|
572 |
| ||
Inventories, net |
204 |
|
|
208 |
| ||
Current assets held for sale |
18 |
|
|
1,630 |
| ||
Other current assets |
285 |
|
|
239 |
| ||
Total current assets |
3,927 |
|
|
3,134 |
| ||
|
|
|
| ||||
Property and equipment, net |
338 |
|
|
363 |
| ||
Investments in affiliates |
63 |
|
|
99 |
| ||
Intangible assets, net |
148 |
|
|
156 |
| ||
Non-current assets held for sale |
— |
|
|
1,425 |
| ||
Other non-current assets |
462 |
|
|
146 |
| ||
Total assets |
$ |
4,938 |
|
|
$ |
5,323 |
|
|
|
|
| ||||
LIABILITIES AND EQUITY |
|
|
| ||||
Short-term debt, including current portion of long-term debt |
$ |
29 |
|
|
$ |
29 |
|
Accounts payable |
484 |
|
|
513 |
| ||
Accrued employee liabilities |
124 |
|
|
114 |
| ||
Current liabilities held for sale |
11 |
|
|
959 |
| ||
Other current liabilities |
353 |
|
|
217 |
| ||
Total current liabilities |
1,001 |
|
|
1,832 |
| ||
|
|
|
| ||||
Long-term debt |
349 |
|
|
587 |
| ||
Employee benefits |
456 |
|
|
489 |
| ||
Deferred tax liabilities |
36 |
|
|
53 |
| ||
Non-current liabilities held for sale |
— |
|
|
430 |
| ||
Other non-current liabilities |
246 |
|
|
111 |
| ||
|
|
|
| ||||
Stockholders' equity |
|
|
| ||||
Preferred stock |
— |
|
|
— |
| ||
Common stock |
1 |
|
|
1 |
| ||
Stock warrants |
2 |
|
|
3 |
| ||
Additional paid-in capital |
1,230 |
|
|
1,246 |
| ||
Retained earnings |
2,919 |
|
|
661 |
| ||
Accumulated other comprehensive loss |
(261) |
|
|
(299) |
| ||
Treasury stock |
(1,203) |
|
|
(747) |
| ||
Total Visteon Corporation stockholders' equity |
2,688 |
|
|
865 |
| ||
Non-controlling interests |
162 |
|
|
956 |
| ||
Total equity |
2,850 |
|
|
1,821 |
| ||
Total liabilities and equity |
$ |
4,938 |
|
|
$ |
5,323 |
|