2021 Q4 Form 10-K Financial Statement

#000111133522000014 Filed on February 17, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $786.0M $2.773B $787.0M
YoY Change -0.13% 8.83% 5.78%
Cost Of Revenue $687.0M $2.519B $698.0M
YoY Change -1.58% 9.38% 9.4%
Gross Profit $99.00M $254.0M $89.00M
YoY Change 11.24% 3.67% -14.42%
Gross Profit Margin 12.6% 9.16% 11.31%
Selling, General & Admin $44.00M $175.0M $53.00M
YoY Change -16.98% -9.33% -1.85%
% of Gross Profit 44.44% 68.9% 59.55%
Research & Development $191.0M
YoY Change -4.98%
% of Gross Profit 75.2%
Depreciation & Amortization $26.00M $108.0M $29.00M
YoY Change -10.34% 3.85% 11.54%
% of Gross Profit 26.26% 42.52% 32.58%
Operating Expenses $39.00M $366.0M $49.00M
YoY Change -20.41% -7.11% -3.92%
Operating Profit $60.00M -$112.0M $40.00M
YoY Change 50.0% -24.83% -24.53%
Interest Expense $2.000M $10.00M $1.000M
YoY Change 100.0% -37.5% -133.33%
% of Operating Profit 3.33% 2.5%
Other Income/Expense, Net -$5.000M
YoY Change -44.44%
Pretax Income $46.00M $81.00M $29.00M
YoY Change 58.62% -505.0% -39.58%
Income Tax $11.00M $31.00M $9.000M
% Of Pretax Income 23.91% 38.27% 31.03%
Net Earnings $31.00M $41.00M $18.00M
YoY Change 72.22% -173.21% -53.85%
Net Earnings / Revenue 3.94% 1.48% 2.29%
Basic Earnings Per Share $1.46
Diluted Earnings Per Share $1.080M $1.44 $645.2K
COMMON SHARES
Basic Shares Outstanding 28.00M shares 28.00M shares 27.83M shares
Diluted Shares Outstanding 28.40M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $452.0M $452.0M $496.0M
YoY Change -8.87% -8.87% 6.44%
Cash & Equivalents $452.0M $452.0M $496.0M
Short-Term Investments
Other Short-Term Assets $158.0M $70.00M $180.0M
YoY Change -12.22% 9.38% -6.74%
Inventory $262.0M $262.0M $177.0M
Prepaid Expenses $21.00M $18.00M
Receivables $549.0M $549.0M $484.0M
Other Receivables $91.00M $91.00M $120.0M
Total Short-Term Assets $1.424B $1.424B $1.341B
YoY Change 6.19% 6.19% -0.3%
LONG-TERM ASSETS
Property, Plant & Equipment $388.0M $527.0M $436.0M
YoY Change -11.01% -13.32% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $54.00M $54.00M $60.00M
YoY Change -10.0% -10.0% 25.0%
Other Assets $111.0M $68.00M $135.0M
YoY Change -17.78% -10.53% -10.0%
Total Long-Term Assets $810.0M $810.0M $930.0M
YoY Change -12.9% -12.9% 0.43%
TOTAL ASSETS
Total Short-Term Assets $1.424B $1.424B $1.341B
Total Long-Term Assets $810.0M $810.0M $930.0M
Total Assets $2.234B $2.234B $2.271B
YoY Change -1.63% -1.63% 0.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $522.0M $522.0M $500.0M
YoY Change 4.4% 4.4% -2.15%
Accrued Expenses $134.0M $134.0M $130.0M
YoY Change 3.08% 3.08% 8.33%
Deferred Revenue
YoY Change
Short-Term Debt $4.000M $4.000M $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $852.0M $852.0M $824.0M
YoY Change 3.4% 3.4% 3.26%
LONG-TERM LIABILITIES
Long-Term Debt $349.0M $349.0M $349.0M
YoY Change 0.0% 0.0% 0.29%
Other Long-Term Liabilities $75.00M $390.0M $92.00M
YoY Change -18.48% -30.36% 27.78%
Total Long-Term Liabilities $424.0M $739.0M $441.0M
YoY Change -3.85% -18.7% 5.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $852.0M $852.0M $824.0M
Total Long-Term Liabilities $424.0M $739.0M $441.0M
Total Liabilities $1.276B $1.718B $1.265B
YoY Change 0.87% -8.81% 3.86%
SHAREHOLDERS EQUITY
Retained Earnings $1.664B $1.623B
YoY Change 2.53% -3.34%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.269B $2.281B
YoY Change -0.53% 0.26%
Treasury Stock Shares 27.01M shares 27.16M shares
Shareholders Equity $516.0M $516.0M $387.0M
YoY Change
Total Liabilities & Shareholders Equity $2.234B $2.234B $2.271B
YoY Change -1.63% -1.63% 0.0%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $31.00M $41.00M $18.00M
YoY Change 72.22% -173.21% -53.85%
Depreciation, Depletion And Amortization $26.00M $108.0M $29.00M
YoY Change -10.34% 3.85% 11.54%
Cash From Operating Activities $70.00M $58.00M $71.00M
YoY Change -1.41% -65.48% 9.23%
INVESTING ACTIVITIES
Capital Expenditures -$16.00M -$70.00M -$21.00M
YoY Change -23.81% -32.69% -36.36%
Acquisitions
YoY Change
Other Investing Activities $3.000M -$2.000M $0.00
YoY Change -200.0% -100.0%
Cash From Investing Activities -$13.00M -$63.00M -$21.00M
YoY Change -38.1% -35.71% -34.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -3.000M -$29.00M 2.000M
YoY Change -250.0% -50.0% -114.29%
NET CHANGE
Cash From Operating Activities 70.00M $58.00M 71.00M
Cash From Investing Activities -13.00M -$63.00M -21.00M
Cash From Financing Activities -3.000M -$29.00M 2.000M
Net Change In Cash 54.00M -$45.00M 52.00M
YoY Change 3.85% -245.16% 173.68%
FREE CASH FLOW
Cash From Operating Activities $70.00M $58.00M $71.00M
Capital Expenditures -$16.00M -$70.00M -$21.00M
Free Cash Flow $86.00M $128.0M $92.00M
YoY Change -6.52% -52.94% -6.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0001111335
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
001-15827
CY2021 dei Entity Registrant Name
EntityRegistrantName
VISTEON CORPORATION
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
38-3519512
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
One Village Center Drive,
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
Van Buren Township,
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
MI
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
48111
CY2021 dei City Area Code
CityAreaCode
800
CY2019 us-gaap Profit Loss
ProfitLoss
81000000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000000 USD
CY2021 dei Local Phone Number
LocalPhoneNumber
VISTEON
CY2021 dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
CY2021 dei Trading Symbol
TradingSymbol
VC
CY2021 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
false
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Public Float
EntityPublicFloat
3400000000 USD
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
28004059 shares
CY2021 us-gaap Gross Profit
GrossProfit
254000000 USD
CY2020 us-gaap Gross Profit
GrossProfit
245000000 USD
CY2021 dei Auditor Location
AuditorLocation
Detroit, Michigan
CY2019 us-gaap Gross Profit
GrossProfit
324000000 USD
CY2021 dei Auditor Firm
AuditorFirmId
42
CY2021 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2021 us-gaap Revenues
Revenues
2773000000 USD
CY2020 us-gaap Revenues
Revenues
2548000000 USD
CY2019 us-gaap Revenues
Revenues
2945000000 USD
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2519000000 USD
CY2020 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2303000000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2621000000 USD
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
175000000 USD
CY2020 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
193000000 USD
CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
221000000 USD
CY2021 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
14000000 USD
CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
76000000 USD
CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
4000000 USD
CY2021 us-gaap Interest Expense
InterestExpense
10000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
16000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
13000000 USD
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 USD
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000 USD
CY2021 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2020 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2019 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
18000000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
1341000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
388000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
50000000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
9000000 USD
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
10000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
106000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-48000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
82000000 USD
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
50000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-48000000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
436000000 USD
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
118000000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11000000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
41000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-56000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
70000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.46
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.01
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.53
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.46
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.01
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.44
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.01
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-93000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.52
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.44
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.01
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
CY2021 us-gaap Profit Loss
ProfitLoss
50000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-48000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
81000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-31000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
45000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-13000000 USD
CY2021 vc Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationAndTax
-19000000 USD
CY2020 vc Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationAndTax
19000000 USD
CY2019 vc Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationAndTax
-9000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-84000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
51000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
43000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-5000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-6000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
78000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-53000000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
128000000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-78000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
28000000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
12000000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
15000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
9000000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
116000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-4000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-5000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
452000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
496000000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
549000000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
484000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
262000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
177000000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
158000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
180000000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1424000000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
127000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
139000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
172000000 USD
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
54000000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
60000000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
111000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
135000000 USD
CY2021Q4 us-gaap Assets
Assets
2234000000 USD
CY2020Q4 us-gaap Assets
Assets
2271000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
4000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
0 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
522000000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
500000000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
80000000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
83000000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
28000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
32000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
146000000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
218000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
209000000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
852000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
824000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
349000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
349000000 USD
CY2021Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
198000000 USD
CY2020Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
322000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
117000000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
27000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
28000000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
92000000 USD
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55000000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55000000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28000000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28000000 shares
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1349000000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1348000000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1664000000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1623000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-229000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-304000000 USD
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2269000000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2281000000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
516000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
387000000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
100000000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
123000000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
616000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
510000000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-12000000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2234000000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2271000000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
50000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-48000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
81000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
104000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
100000000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
18000000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
18000000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
17000000 USD
CY2020 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
5000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
6000000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
9000000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-14000000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7000000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8000000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
78000000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-51000000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
33000000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
92000000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2000000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13000000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
28000000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13000000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
73000000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
11000000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-56000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
70000000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58000000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
168000000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
183000000 USD
CY2021 vc Payments To Acquire Property Plant Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets
70000000 USD
CY2020 vc Payments To Acquire Property Plant Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets
104000000 USD
CY2019 vc Payments To Acquire Property Plant Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets
142000000 USD
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5000000 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2000000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
3000000 USD
CY2021 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
4000000 USD
CY2020 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
8000000 USD
CY2019 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
6000000 USD
CY2021 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
-6000000 USD
CY2020 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
-2000000 USD
CY2019 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
-11000000 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2000000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63000000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-98000000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-128000000 USD
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
400000000 USD
CY2019 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16000000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20000000 USD
CY2021 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
4000000 USD
CY2020 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-37000000 USD
CY2019 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-19000000 USD
CY2020Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
26000000 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
35000000 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
7000000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9000000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2000000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2000000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58000000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-49000000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-11000000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19000000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4000000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-45000000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31000000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500000000 USD
CY2020Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
39000000 USD
CY2021 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
Contractually Reimbursable Engineering Costs: Engineering, testing, and other costs incurred in the design and development of production parts are expensed as incurred, unless the cost reimbursement is contractually guaranteed in a customer contract, in which case costs are capitalized as incurred and subsequently reduced upon lump sum or piece price recoveries.
CY2020Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
9000000 USD
CY2020Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
10000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
469000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
467000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
455000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
469000000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9000000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
15000000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
18000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
14000000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15000000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19000000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
40000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
582000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
81000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-53000000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20000000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
595000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-48000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30000000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
616000000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 USD
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
16000000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
510000000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
50000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
78000000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13000000 USD
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35000000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-2000000 USD
CY2021Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
16000000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts reported herein. Considerable judgment is involved in making these determinations and the use of different estimates or assumptions could result in significantly different results. Management believes its assumptions and estimates are reasonable and appropriate. However, actual results could differ from those reported herein. Events and changes in circumstances arising after December 31, 2021, including those resulting from the impacts of COVID-19 and related subsequent semiconductor supply shortage, as further described in Note 19, "Commitments and Contingencies", will be reflected in management's estimates for future periods.</span>
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
2000000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-3000000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021 vc Netchangesintransactionprice
Netchangesintransactionprice
0.01
CY2021Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
84000000 USD
CY2021 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
191000000 USD
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
201000000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
300000000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
60000000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
10000000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6000000 USD
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
54000000 USD
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
76000000 USD
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
95000000 USD
CY2021 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
61000000 USD
CY2020 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
58000000 USD
CY2021Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
20000000 USD
CY2021Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
2000000 USD
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1000000 USD
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
6000000 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3000000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1000000 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
4000000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
10000000 USD
CY2021Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
21000000 USD
CY2020Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
109000000 USD
CY2021 us-gaap Impaired Long Lived Assets Held And Used Asset Description
ImpairedLongLivedAssetsHeldAndUsedAssetDescription
9 million
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
206000000 USD
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
114000000 USD
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
29000000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
25000000 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
27000000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
38000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
262000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
177000000 USD
CY2021Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
48000000 USD
CY2020Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
53000000 USD
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
40000000 USD
CY2020Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
52000000 USD
CY2021Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
34000000 USD
CY2020Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
31000000 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
21000000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
18000000 USD
CY2021Q4 vc Royalty Agreements Current
RoyaltyAgreementsCurrent
4000000 USD
CY2020Q4 vc Royalty Agreements Current
RoyaltyAgreementsCurrent
7000000 USD
CY2021Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
3000000 USD
CY2020Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
15000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
2000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2021Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
6000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
4000000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
158000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
180000000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
149000000 USD
CY2020Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
163000000 USD
CY2021Q4 vc Deferred Income Taxes Noncurrent
DeferredIncomeTaxesNoncurrent
47000000 USD
CY2020Q4 vc Deferred Income Taxes Noncurrent
DeferredIncomeTaxesNoncurrent
55000000 USD
CY2021Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
34000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
116000000 USD
CY2020Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
31000000 USD
CY2021Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
9000000 USD
CY2020Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
21000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
7000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2000000 USD
CY2021Q4 vc Royalty Agreements Noncurrent
RoyaltyAgreementsNoncurrent
2000000 USD
CY2020Q4 vc Royalty Agreements Noncurrent
RoyaltyAgreementsNoncurrent
8000000 USD
CY2021Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
0 USD
CY2020Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
7000000 USD
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
12000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
11000000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
111000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
135000000 USD
CY2021 vc Reimbursementof Engineeringcostsinfollowingyear
ReimbursementofEngineeringcostsinfollowingyear
34000000 USD
CY2021 vc Reimbursementforengineeringcostsexpectedinyeartwo
Reimbursementforengineeringcostsexpectedinyeartwo
24000000 USD
CY2021 vc Reimbursementforengineeringcostsexpectedinyearthree
Reimbursementforengineeringcostsexpectedinyearthree
8000000 USD
CY2021 vc Reimbursementforengineeringcostsexpectedinyearfour
Reimbursementforengineeringcostsexpectedinyearfour
2000000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
920000000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
18000000 USD
CY2021 vc Reimbursementforengineeringcostsexpectedinyearfiveandbeyond
Reimbursementforengineeringcostsexpectedinyearfiveandbeyond
1000000 USD
CY2021Q4 us-gaap Land
Land
10000000 USD
CY2020Q4 us-gaap Land
Land
12000000 USD
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
91000000 USD
CY2020Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
96000000 USD
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
716000000 USD
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
706000000 USD
CY2021Q4 vc Product Tooling Gross
ProductToolingGross
66000000 USD
CY2020Q4 vc Product Tooling Gross
ProductToolingGross
62000000 USD
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
47000000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
44000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
930000000 USD
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
118000000 USD
CY2020Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
243000000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
542000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
484000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
388000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
436000000 USD
CY2021 us-gaap Depreciation
Depreciation
88000000 USD
CY2020 us-gaap Depreciation
Depreciation
83000000 USD
CY2019 us-gaap Depreciation
Depreciation
78000000 USD
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6000000 USD
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
7000000 USD
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6000000 USD
CY2021 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
94000000 USD
CY2020 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
90000000 USD
CY2019 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
84000000 USD
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
12000000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
8000000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9000000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
200000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
132000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
194000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
116000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
78000000 USD
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
50000000 USD
CY2021Q4 vc Goodwill And Indefinite Lived Intangible Assets Net
GoodwillAndIndefiniteLivedIntangibleAssetsNet
50000000 USD
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
49000000 USD
CY2020Q4 vc Goodwill And Indefinite Lived Intangible Assets Net
GoodwillAndIndefiniteLivedIntangibleAssetsNet
49000000 USD
CY2021Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
250000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
132000000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
127000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9000000 USD
CY2021Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
16000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7000000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0401
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
42000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
42000000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1000000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
5000000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
5000000 USD
CY2021 us-gaap Lease Cost
LeaseCost
38000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
38000000 USD
CY2021 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
37000000 USD
CY2020 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
40000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
6000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
38000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
33000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
30000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
28000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
24000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
21000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
27000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
163000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
145000000 USD
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
69000000 USD
CY2020Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
46000000 USD
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
30000000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
52000000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
26000000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
15000000 USD
CY2021Q4 vc Jointventurepayables
Jointventurepayables
20000000 USD
CY2020Q4 vc Jointventurepayables
Jointventurepayables
9000000 USD
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
27156537 shares
CY2020Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
39000000 USD
CY2021Q4 vc Royalty Agreements
RoyaltyAgreements
12000000 USD
CY2020Q4 vc Royalty Agreements
RoyaltyAgreements
13000000 USD
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5000000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
37000000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
30000000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
218000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
209000000 USD
CY2021Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
20000000 USD
CY2020Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
12000000 USD
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
15000000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
7000000 USD
CY2021Q4 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
13000000 USD
CY2020Q4 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
38000000 USD
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
8000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
6000000 USD
CY2021Q4 vc Royalties Noncurrent
RoyaltiesNoncurrent
5000000 USD
CY2020Q4 vc Royalties Noncurrent
RoyaltiesNoncurrent
6000000 USD
CY2021Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
2000000 USD
CY2020Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
10000000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
12000000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
13000000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
92000000 USD
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2021Q4 vc Amended Loc Agreement Facility Capacity
AmendedLocAgreementFacilityCapacity
5000000 USD
CY2021 vc Loc Collateral Percentagefordrawsinthe U.S.Dollars
LOCCollateralPercentagefordrawsintheU.S.dollars
1.03
CY2021 vc Lo Ccollateralpercentagefordrawsinnon U.S.Currencies
LOCcollateralpercentagefordrawsinnonU.S.currencies
1.10
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2000000 USD
CY2021Q4 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
1000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
892000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
1177000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
895000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
1190000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
711000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
886000000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6000000 USD
CY2020 vc Pension Settlement Charge
PensionSettlementCharge
5000000 USD
CY2021 vc Defined Benefit Plan Plan Assets Contributions By Employer Deferred
DefinedBenefitPlanPlanAssetsContributionsByEmployerDeferred
4000000 USD
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8000000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17000000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
19000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
8,000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
8,000
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
312000 shares
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
75000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-26000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
100000000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16000000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-5000000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
21000000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
18000000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-15000000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
23000000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
1000000 USD
CY2021 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
8000000 USD
CY2020 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
5000000 USD
CY2019 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
10000000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
5000000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
4000000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
5000000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2000000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2000000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-10000000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
46000000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-10000000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-18000000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1000000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1000000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1000000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1000000 USD
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2000000 USD
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1000000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
18000000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
18000000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-15000000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-15000000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
23000000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1163000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1192000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
46000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
80000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
47000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
59000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
17000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
12000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
11000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
14000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
9000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
9000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
6000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
13000000 USD
CY2021Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
5000000 USD
CY2020Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
5000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
13000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
10000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
55000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
63000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1207000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1263000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
165000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
194000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
63000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
65000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
46000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
57000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
14000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
22000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
27000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
145000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
167000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
20000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
27000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
20000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
27000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
17000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
22000000 USD
CY2021 vc Annual Limitations Under Irc Section382 And383
AnnualLimitationsUnderIrcSection382And383
120000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 USD
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
8000000 USD
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
3000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.53
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
27014711 shares
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14000000 USD
CY2021 vc Tax Audit Appeals Payment
TaxAuditAppealsPayment
9000000 USD
CY2021Q4 vc Tax Audit Appeals Payment Applied
TaxAuditAppealsPaymentApplied
2000000 USD
CY2021Q4 vc Taxauditappealsandrefundclaimsreceivable
Taxauditappealsandrefundclaimsreceivable
7000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
700000000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
100000000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
123000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-229000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-304000000 USD
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
4000000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
347000000 USD
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
41000000 USD
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-56000000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
71000000 USD
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1000000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
41000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-56000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
70000000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28000000.0 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27900000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28100000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
400000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
100000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28400000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27900000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28200000 shares
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.46
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.01
CY2021Q4 vc Guaranteefor Divested Entities Lease Payments
GuaranteeforDivestedEntitiesLeasePayments
2000000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.46
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.01
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.44
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.01
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.52
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.44
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.01
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
276000000000 shares
CY2021 us-gaap Impaired Long Lived Assets Held And Used Asset Description
ImpairedLongLivedAssetsHeldAndUsedAssetDescription
9 million
CY2021 us-gaap Impaired Long Lived Assets Held And Used Asset Description
ImpairedLongLivedAssetsHeldAndUsedAssetDescription
9 million
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
354000000 USD
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
1000000 USD
CY2020 us-gaap Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
0 USD
CY2003 vc Amountof Bonds Issuedbythe Charter Townshipof Van Buren Michigan
AmountofBondsIssuedbytheCharterTownshipofVanBurenMichigan
28000000 USD
CY2019Q4 vc Estimated Shortfallin Tax Revenuesofthe Township
EstimatedShortfallinTaxRevenuesoftheTownship
1000000 USD
CY2019Q4 vc Estimated Shortfallin Tax Revenuesofthe Township
EstimatedShortfallinTaxRevenuesoftheTownship
28000000 USD
CY2019Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
49000000 USD
CY2020Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
64000000 USD
CY2021 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
16000000 USD
CY2020 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
38000000 USD
CY2021 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-1000000 USD
CY2020 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-7000000 USD
CY2021 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-4000000 USD
CY2020 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
3000000 USD
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
25000000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
19000000 USD
CY2021Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
50000000 USD
CY2020Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
64000000 USD
CY2021Q4 vc Guaranteefor Divested Entities Lease Payments
GuaranteeforDivestedEntitiesLeasePayments
2000000 USD
CY2021 vc Adjusted Ebitda
AdjustedEBITDA
228000000 USD
CY2020 vc Adjusted Ebitda
AdjustedEBITDA
192000000 USD
CY2019 vc Adjusted Ebitda
AdjustedEBITDA
234000000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
41000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-56000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
70000000 USD
CY2021 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
108000000 USD
CY2020 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
104000000 USD
CY2019 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
100000000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
14000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
76000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
4000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17000000 USD
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-8000000 USD
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-11000000 USD
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-9000000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11000000 USD
CY2021 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
0 USD
CY2020 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
0 USD
CY2019 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
-1000000 USD
CY2021 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2020 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2019 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 USD
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4000000 USD
CY2021 vc Adjusted Ebitda
AdjustedEBITDA
228000000 USD
CY2020 vc Adjusted Ebitda
AdjustedEBITDA
192000000 USD
CY2019 vc Adjusted Ebitda
AdjustedEBITDA
234000000 USD
CY2021 us-gaap Revenues
Revenues
2773000000 USD
CY2020 us-gaap Revenues
Revenues
2548000000 USD
CY2019 us-gaap Revenues
Revenues
2945000000 USD
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
527000000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
608000000 USD
CY2021 us-gaap Revenues
Revenues
2773000000 USD
CY2020 us-gaap Revenues
Revenues
2548000000 USD
CY2021 vc Pension Financing Benefitsnet
PensionFinancingBenefitsnet
18000000 USD
CY2020 vc Pension Financing Benefitsnet
PensionFinancingBenefitsnet
14000000 USD
CY2019 vc Pension Financing Benefitsnet
PensionFinancingBenefitsnet
10000000 USD
CY2021 vc Pension Settlement Charge
PensionSettlementCharge
0 USD
CY2020 vc Pension Settlement Charge
PensionSettlementCharge
5000000 USD
CY2019 vc Pension Settlement Charge
PensionSettlementCharge
0 USD
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
18000000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
9000000 USD
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
10000000 USD
CY2020 vc Pension Settlement Charge
PensionSettlementCharge
5000000 USD

Files In Submission

Name View Source Status
0001111335-22-000014-index-headers.html Edgar Link pending
0001111335-22-000014-index.html Edgar Link pending
0001111335-22-000014.txt Edgar Link pending
0001111335-22-000014-xbrl.zip Edgar Link pending
ex-1031formofperformancest.htm Edgar Link pending
ex-1032formofrestrictedsto.htm Edgar Link pending
ex-108visteonexecutiveseve.htm Edgar Link pending
ex-1091scheduleidentifying.htm Edgar Link pending
ex-2112021subsidiariesofvi.htm Edgar Link pending
ex-231consentofindependent.htm Edgar Link pending
ex-2412021powersofattorney.htm Edgar Link pending
ex-3112021rule13ax14acerti.htm Edgar Link pending
ex-3122021rule13ax14acerti.htm Edgar Link pending
ex-3212021section1350certi.htm Edgar Link pending
ex-3222021section1350certi.htm Edgar Link pending
ex-42descriptionofvisteonc.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_0.jpg Edgar Link pending
image_0b.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vc-20211231.htm Edgar Link pending
vc-20211231.xsd Edgar Link pending
vc-20211231_cal.xml Edgar Link unprocessable
vc-20211231_def.xml Edgar Link unprocessable
vc-20211231_g1.jpg Edgar Link pending
vc-20211231_g2.jpg Edgar Link pending
vc-20211231_htm.xml Edgar Link completed
vc-20211231_lab.xml Edgar Link unprocessable
vc-20211231_pre.xml Edgar Link unprocessable