$VC
VISTEON CORP Stock $vc

$vc Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000111133524000018 Filed on February 20, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$933.0M	$990.0M	$3.954B
YoY Change	-3.52%	-6.95%	5.27%
Cost Of Revenue	$814.0M	$860.0M	$3.467B
YoY Change	-5.02%	-9.47%	2.33%
Gross Profit	$119.0M	$130.0M	$487.0M
YoY Change	8.18%	14.04%	32.34%
Gross Profit Margin	12.75%	13.13%	12.32%
Selling, General & Admin	$52.00M	$51.00M	$207.0M
YoY Change	0.0%	-5.56%	10.11%
% of Gross Profit	43.7%	39.23%	42.51%
Research & Development			$210.0M
YoY Change			7.14%
% of Gross Profit			43.12%
Depreciation & Amortization	$22.00M	$25.00M	$104.0M
YoY Change	-24.14%	-13.79%	-3.7%
% of Gross Profit	18.49%	19.23%	21.36%
Operating Expenses	$50.00M	$36.00M	$417.0M
YoY Change	-3.85%	-26.53%	8.59%
Operating Profit	$69.00M	$94.00M	$70.00M
YoY Change	18.97%	44.62%	-537.5%
Interest Expense	-$4.000M	-$2.000M	$17.00M
YoY Change	-180.0%	-71.43%	21.43%
% of Operating Profit	-5.8%	-2.13%	24.29%
Other Income/Expense, Net	$2.000M	-$12.00M	-$12.00M
YoY Change	-33.33%
Pretax Income	$63.00M	$77.00M	$257.0M
YoY Change	21.15%	37.5%	46.86%
Income Tax	$19.00M	-$296.0M	-$248.0M
% Of Pretax Income	30.16%	-384.42%	-96.5%
Net Earnings	$42.00M	$366.0M	$486.0M
YoY Change	23.53%	976.47%	291.94%
Net Earnings / Revenue	4.5%	36.97%	12.29%
Basic Earnings Per Share	$1.52		$17.30
Diluted Earnings Per Share	$1.50	$12.98	$17.05
COMMON SHARES
Basic Shares Outstanding	27.49M shares	27.81M shares	28.10M shares
Diluted Shares Outstanding	28.00M shares		28.50M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$504.0M	$515.0M	$515.0M
YoY Change	4.13%	-0.96%	-0.96%
Cash & Equivalents	$504.0M	$515.0M	$515.0M
Short-Term Investments
Other Short-Term Assets	$64.00M	$134.0M	$67.00M
YoY Change	-48.39%	-19.76%	11.67%
Inventory	$342.0M	$298.0M	$298.0M
Prepaid Expenses	$22.00M	$24.00M
Receivables	$652.0M	$666.0M	$666.0M
Other Receivables	$68.00M	$70.00M	$70.00M
Total Short-Term Assets	$1.630B	$1.616B	$1.616B
YoY Change	-2.04%	-5.5%	-5.5%
LONG-TERM ASSETS
Property, Plant & Equipment	$535.0M	$418.0M	$527.0M
YoY Change	46.58%	14.84%	7.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$30.00M	$35.00M	$35.00M
YoY Change	-31.82%	-28.57%	-28.57%
Other Assets	$428.0M	$75.00M	$428.0M
YoY Change	289.09%	-27.88%	529.41%
Total Long-Term Assets	$1.109B	$1.111B	$1.111B
YoY Change	49.66%	50.14%	50.14%
TOTAL ASSETS
Total Short-Term Assets	$1.630B	$1.616B	$1.616B
Total Long-Term Assets	$1.109B	$1.111B	$1.111B
Total Assets	$2.739B	$2.727B	$2.727B
YoY Change	13.89%	11.31%	11.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$566.0M	$551.0M	$551.0M
YoY Change	-6.45%	-16.13%	-16.13%
Accrued Expenses	$143.0M	$154.0M	$154.0M
YoY Change	2.14%	0.0%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%	-100.0%
Long-Term Debt Due	$18.00M	$18.00M	$18.00M
YoY Change	0.0%
Total Short-Term Liabilities	$938.0M	$931.0M	$931.0M
YoY Change	-2.7%	-10.05%	-10.05%
LONG-TERM LIABILITIES
Long-Term Debt	$314.0M	$318.0M	$318.0M
YoY Change	-5.14%	-5.36%	-5.36%
Other Long-Term Liabilities	$321.0M	$85.00M	$324.0M
YoY Change	401.56%	32.81%	16.55%
Total Long-Term Liabilities	$635.0M	$403.0M	$642.0M
YoY Change	60.76%	0.75%	4.56%
TOTAL LIABILITIES
Total Short-Term Liabilities	$938.0M	$931.0M	$931.0M
Total Long-Term Liabilities	$635.0M	$403.0M	$642.0M
Total Liabilities	$1.690B	$1.334B	$1.689B
YoY Change	24.36%	-7.04%	-4.85%
SHAREHOLDERS EQUITY
Retained Earnings	$2.316B	$2.274B
YoY Change	27.11%	27.18%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.350B	$2.339B
YoY Change	4.91%	3.82%
Treasury Stock Shares
Shareholders Equity	$1.049B	$1.038B	$1.038B
YoY Change
Total Liabilities & Shareholders Equity	$2.739B	$2.727B	$2.727B
YoY Change	13.89%	11.31%	11.31%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$42.00M	$366.0M	$486.0M
YoY Change	23.53%	976.47%	291.94%
Depreciation, Depletion And Amortization	$22.00M	$25.00M	$104.0M
YoY Change	-24.14%	-13.79%	-3.7%
Cash From Operating Activities	$69.00M	$98.00M	$267.0M
YoY Change	-463.16%	-40.61%	59.88%
INVESTING ACTIVITIES
Capital Expenditures	$37.00M	$43.00M	$125.0M
YoY Change	76.19%	59.26%	54.32%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	-$3.000M
YoY Change	-100.0%	-100.0%
Cash From Investing Activities	-$37.00M	-$43.00M	-$123.0M
YoY Change	85.0%	79.17%	80.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$107.0M
YoY Change
Debt Paid & Issued, Net			$0.00
YoY Change			-100.0%
Cash From Financing Activities	-31.00M	-37.00M	-$156.0M
YoY Change	520.0%	1750.0%	1633.33%
NET CHANGE
Cash From Operating Activities	69.00M	98.00M	$267.0M
Cash From Investing Activities	-37.00M	-43.00M	-$123.0M
Cash From Financing Activities	-31.00M	-37.00M	-$156.0M
Net Change In Cash	1.000M	18.00M	-$5.000M
YoY Change	-102.78%	-87.05%	-107.35%
FREE CASH FLOW
Cash From Operating Activities	$69.00M	$98.00M	$267.0M
Capital Expenditures	$37.00M	$43.00M	$125.0M
Free Cash Flow	$32.00M	$55.00M	$142.0M
YoY Change	-180.0%	-60.14%	65.12%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001111335
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-15827
CY2023	dei	Entity Registrant Name EntityRegistrantName	VISTEON CORPORATION
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	38-3519512
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	One Village Center Drive,
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Van Buren Township,
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	MI
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	48111
CY2023	dei	City Area Code CityAreaCode	800
CY2023	dei	Local Phone Number LocalPhoneNumber	VISTEON
CY2023	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
CY2023	dei	Trading Symbol TradingSymbol	VC
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	false
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	4000000000	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27491477	shares
CY2023	dei	Auditor Firm AuditorFirmId	34
CY2023	dei	Auditor Name AuditorName	Deloitte & Touche LLP
CY2023	dei	Auditor Location AuditorLocation	Detroit, Michigan
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CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28200000	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	1000000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1000000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1356000000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1352000000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2274000000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1788000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-254000000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-213000000	usd
CY2023Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2339000000	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2253000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1038000000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	675000000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	85000000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	99000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1123000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	774000000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2727000000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2450000000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	505000000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	130000000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	50000000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	104000000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	108000000	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	108000000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	34000000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	26000000	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	18000000	usd
CY2023	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-15000000	usd
CY2022	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-4000000	usd
CY2021	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-12000000	usd
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges	5000000	usd
CY2021	us-gaap	Asset Impairment Charges AssetImpairmentCharges	9000000	usd
CY2023	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	313000000	usd
CY2022	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	0	usd
CY2021	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	0	usd
CY2023	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	6000000	usd
CY2022	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1000000	usd
CY2021	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-14000000	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-13000000	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	156000000	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	196000000	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	191000000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	78000000	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-52000000	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	105000000	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	92000000	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-130000000	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	146000000	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	28000000	usd
CY2023	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	7000000	usd
CY2022	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-10000000	usd
CY2021	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	11000000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	267000000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	167000000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	58000000	usd
CY2023	vc	Payments To Acquire Property Plant Equipment And Intangible Assets PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets	125000000	usd
CY2022	vc	Payments To Acquire Property Plant Equipment And Intangible Assets PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets	81000000	usd
CY2021	vc	Payments To Acquire Property Plant Equipment And Intangible Assets PaymentsToAcquirePropertyPlantEquipmentAndIntangibleAssets	70000000	usd
CY2023	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1000000	usd
CY2022	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	3000000	usd
CY2021	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	5000000	usd
CY2023	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	0	usd
CY2022	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	12000000	usd
CY2021	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	4000000	usd
CY2023	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-3000000	usd
CY2022	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-4000000	usd
CY2021	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-8000000	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-123000000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68000000	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-63000000	usd
CY2023	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	350000000	usd
CY2021	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
CY2023	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	350000000	usd
CY2021	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2023	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
CY2022	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-4000000	usd
CY2021	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	4000000	usd
CY2023	us-gaap	Investment Company Debt Instrument Amount Repaid To Principal Excess Less InvestmentCompanyDebtInstrumentAmountRepaidToPrincipalExcessLess	13000000	usd
CY2022	us-gaap	Investment Company Debt Instrument Amount Repaid To Principal Excess Less InvestmentCompanyDebtInstrumentAmountRepaidToPrincipalExcessLess	0	usd
CY2021	us-gaap	Investment Company Debt Instrument Amount Repaid To Principal Excess Less InvestmentCompanyDebtInstrumentAmountRepaidToPrincipalExcessLess	0	usd
CY2023	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	29000000	usd
CY2022	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	2000000	usd
CY2021	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	35000000	usd
CY2023	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	106000000	usd
CY2022	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	0	usd
CY2021	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	0	usd
CY2023	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	16000000	usd
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2021	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2023	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	8000000	usd
CY2022	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2023	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
CY2022	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000000	usd
CY2021	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	2000000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-156000000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9000000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-29000000	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7000000	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-22000000	usd
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-11000000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5000000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	68000000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-45000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	523000000	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
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	518000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	523000000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	455000000	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	5000000	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	12000000	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	15000000	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	68000000	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	29000000	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	15000000	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
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	616000000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	130000000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	11000000	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19000000	usd
CY2022	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	774000000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	505000000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000000	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	25000000	usd
CY2023	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	107000000	usd
CY2023	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	30000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1123000000	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:12pt;text-align:justify"><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, 2023 will be reflected in management's estimates for future periods.</span></div>
CY2023	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-2000000	usd
CY2022	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	5000000	usd
CY2021	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	2000000	usd
CY2023Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2023	vc	Netchangesintransactionprice Netchangesintransactionprice	0.01
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	210000000	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	272000000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5000000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4000000	usd
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4000000	usd
CY2023	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	2000000	usd
CY2022	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	1000000	usd
CY2021	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	0	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7000000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5000000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4000000	usd
CY2023Q4	vc	Receivables For Customer Owned Production Tooling ReceivablesForCustomerOwnedProductionTooling	22000000	usd
CY2022Q4	vc	Receivables For Customer Owned Production Tooling ReceivablesForCustomerOwnedProductionTooling	20000000	usd
CY2023	us-gaap	Property Plant And Equipment Preproduction Design And Development Costs PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Contractually Reimbursable Engineering Costs:</span> 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 and subsequently reduced upon lump sum or piece price recoveries.
CY2023	us-gaap	Government Assistance Amount GovernmentAssistanceAmount	1000000	usd
CY2022	us-gaap	Government Assistance Amount GovernmentAssistanceAmount	1000000	usd
CY2023Q4	us-gaap	Government Assistance Amount Cumulative Current GovernmentAssistanceAmountCumulativeCurrent	1000000	usd
CY2022Q4	us-gaap	Government Assistance Amount Cumulative Current GovernmentAssistanceAmountCumulativeCurrent	2000000	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	35000000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	49000000	usd
CY2023	vc	Equityinnetincomeofnonconsolidatedaffiliates Equityinnetincomeofnonconsolidatedaffiliates	-10000000	usd
CY2022	vc	Equityinnetincomeofnonconsolidatedaffiliates Equityinnetincomeofnonconsolidatedaffiliates	-1000000	usd
CY2021	vc	Equityinnetincomeofnonconsolidatedaffiliates Equityinnetincomeofnonconsolidatedaffiliates	6000000	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	45000000	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	72000000	usd
CY2023	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	62000000	usd
CY2022	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	78000000	usd
CY2023Q4	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	27000000	usd
CY2022Q4	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	73000000	usd
CY2023	us-gaap	Restructuring Costs RestructuringCosts	5000000	usd
CY2022	us-gaap	Restructuring Costs RestructuringCosts	9000000	usd
CY2021	us-gaap	Restructuring Costs RestructuringCosts	5000000	usd
CY2023Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	5000000	usd
CY2023Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	3000000	usd
CY2022Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	6000000	usd
CY2022Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	5000000	usd
CY2023	us-gaap	Impaired Long Lived Assets Held And Used Asset Description ImpairedLongLivedAssetsHeldAndUsedAssetDescription	5 million
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-3000000	usd
CY2022	us-gaap	Impaired Long Lived Assets Held And Used Asset Description ImpairedLongLivedAssetsHeldAndUsedAssetDescription	9 million
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	229000000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	291000000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	32000000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	26000000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	37000000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	31000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	298000000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	348000000	usd
CY2023Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	51000000	usd
CY2022Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	55000000	usd
CY2023Q4	vc	Contractualengineeringcostrecoveriescurrent Contractualengineeringcostrecoveriescurrent	33000000	usd
CY2022Q4	vc	Contractualengineeringcostrecoveriescurrent Contractualengineeringcostrecoveriescurrent	35000000	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	24000000	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	18000000	usd
CY2023Q4	vc	Joint Venture Receivables JointVentureReceivables	19000000	usd
CY2022Q4	vc	Joint Venture Receivables JointVentureReceivables	49000000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3000000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	0	usd
CY2023Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	4000000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	10000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	134000000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	167000000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	22000000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	5000000	usd
CY2023Q4	vc	Contractualengineeringcostrecoveriesnoncurrent Contractualengineeringcostrecoveriesnoncurrent	21000000	usd
CY2022Q4	vc	Contractualengineeringcostrecoveriesnoncurrent Contractualengineeringcostrecoveriesnoncurrent	25000000	usd
CY2023Q4	us-gaap	Value Added Tax Receivable Noncurrent ValueAddedTaxReceivableNoncurrent	10000000	usd
CY2022Q4	us-gaap	Value Added Tax Receivable Noncurrent ValueAddedTaxReceivableNoncurrent	11000000	usd
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CY2022Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	21000000	usd
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CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves	10000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	12000000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	13000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges	2000000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges	5000000	usd
CY2023Q4	vc	Deferred Tax Assets Capitalized Expenditures For Tax Reporting DeferredTaxAssetsCapitalizedExpendituresForTaxReporting	107000000	usd
CY2022Q4	vc	Deferred Tax Assets Capitalized Expenditures For Tax Reporting DeferredTaxAssetsCapitalizedExpendituresForTaxReporting	58000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	6000000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	11000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	73000000	usd
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CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	754000000	usd
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CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	498000000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	145000000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Undistributed Foreign Earnings DeferredTaxLiabilitiesUndistributedForeignEarnings	66000000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Undistributed Foreign Earnings DeferredTaxLiabilitiesUndistributedForeignEarnings	61000000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Leasing Arrangements DeferredTaxLiabilitiesLeasingArrangements	37000000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Leasing Arrangements DeferredTaxLiabilitiesLeasingArrangements	41000000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	14000000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	11000000	usd
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CY2022Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	17000000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	145000000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	130000000	usd
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CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	15000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	353000000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	15000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	17000000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Research DeferredTaxAssetsTaxCreditCarryforwardsResearch	26000000	usd
CY2023	vc	Annual Limitations Under Irc Section382 And383 AnnualLimitationsUnderIrcSection382And383	121000000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	18000000	usd
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	16000000	usd
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CY2022	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	1000000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	25000000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	18000000	usd
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CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	26825830	shares
CY2023Q4	us-gaap	Minority Interest MinorityInterest	85000000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	99000000	usd
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CY2023	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	783290	shares
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CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28100000	shares
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CY2022	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
CY2021	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
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CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.35
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.44
CY2022	us-gaap	Impaired Long Lived Assets Held And Used Asset Description ImpairedLongLivedAssetsHeldAndUsedAssetDescription	9 million
CY2022	us-gaap	Impaired Long Lived Assets Held And Used Asset Description ImpairedLongLivedAssetsHeldAndUsedAssetDescription	9 million
CY2023Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	328000000	usd
CY2022Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	336000000	usd
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CY2022	us-gaap	Derivative Cash Received On Hedge DerivativeCashReceivedOnHedge	9000000	usd
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CY2023	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Loss DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss	0	usd
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CY2022	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	21000000	usd
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CY2022	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	1000000	usd
CY2023	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	1000000	usd
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CY2022Q4	vc	Productwarrantyaccrualincludingheldforsale Productwarrantyaccrualincludingheldforsale	51000000	usd
CY2021Q4	vc	Productwarrantyaccrualincludingheldforsale Productwarrantyaccrualincludingheldforsale	50000000	usd
CY2023	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	32000000	usd
CY2023	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	17000000	usd
CY2022	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	18000000	usd
CY2023Q4	vc	Productwarrantyaccrualincludingheldforsale Productwarrantyaccrualincludingheldforsale	71000000	usd
CY2022Q4	vc	Productwarrantyaccrualincludingheldforsale Productwarrantyaccrualincludingheldforsale	51000000	usd
CY2023Q4	vc	Guaranteefor Divested Entities Lease Payments GuaranteeforDivestedEntitiesLeasePayments	2000000	usd
CY2023	us-gaap	Revenues Revenues	3954000000	usd
CY2022	us-gaap	Revenues Revenues	3756000000	usd
CY2021	us-gaap	Revenues Revenues	2773000000	usd
CY2023Q4	us-gaap	Noncurrent Assets NoncurrentAssets	527000000	usd
CY2022Q4	us-gaap	Noncurrent Assets NoncurrentAssets	488000000	usd
CY2023	us-gaap	Revenues Revenues	3954000000	usd
CY2022	us-gaap	Revenues Revenues	3756000000	usd
CY2021	us-gaap	Revenues Revenues	2773000000	usd
CY2023	vc	Pension Financing Benefitsnet PensionFinancingBenefitsnet	11000000	usd
CY2022	vc	Pension Financing Benefitsnet PensionFinancingBenefitsnet	20000000	usd
CY2021	vc	Pension Financing Benefitsnet PensionFinancingBenefitsnet	18000000	usd
CY2023	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	0	usd
CY2022	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	3000000	usd
CY2021	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	0	usd
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CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-3000000	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	0	usd
CY2023	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	-12000000	usd
CY2022	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	0	usd
CY2021	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	0	usd
CY2023	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1000000	usd
CY2022	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	20000000	usd
CY2021	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	18000000	usd
CY2023	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	-12000000	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-3000000	usd

Files In Submission

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$VC
VISTEON CORP Stock $vc

2024 Q1 Form 10-K Financial Statement

#000111133524000018 Filed on February 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VC VISTEON CORP Stock $vc

2024 Q1 Form 10-K Financial Statement

#000111133524000018 Filed on February 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VC
VISTEON CORP Stock $vc