VISTEON CORP
For the period ended Sep 30, 2024. Filed Oct 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 24, 2024
VC$80.39+3.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Balance Sheets (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
| (Unaudited) | ||
|---|---|---|
| September 30, | December 31, | |
| 2024 | 2023 | |
| ASSETS | ||
| Cash and equivalents | $550 | $515 |
| Restricted cash | 3 | 3 |
| Accounts receivable, net | 719 | 666 |
| Inventories, net | 321 | 298 |
| Other current assets | 109 | 134 |
| Total current assets | 1,702 | 1,616 |
| Property and equipment, net | 438 | 418 |
| Intangible assets, net | 157 | 90 |
| Right-of-use assets | 103 | 109 |
| Investments in non-consolidated affiliates | 27 | 35 |
| Deferred tax assets | 387 | 384 |
| Other non-current assets | 79 | 75 |
| Total assets | $2,893 | $2,727 |
| LIABILITIES AND EQUITY | ||
| Short-term debt | $18 | $18 |
| Accounts payable | 547 | 551 |
| Accrued employee liabilities | 98 | 99 |
| Current lease liability | 29 | 30 |
| Other current liabilities | 245 | 233 |
| Total current liabilities | 937 | 931 |
| Long-term debt, net | 306 | 318 |
| Employee benefits | 143 | 160 |
| Non-current lease liability | 79 | 79 |
| Deferred tax liabilities | 46 | 31 |
| Other non-current liabilities | 109 | 85 |
| Stockholders’ equity: | ||
| Preferred stock (par value 0.01, 50 million shares authorized, none outstanding as of September 30, 2024 and December 31, 2023) | — | — |
| Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 27.6 million shares outstanding as of September 30, 2024 and 27.7 million shares outstanding as of December 31, 2023) | 1 | 1 |
| Additional paid-in capital | 1,369 | 1,356 |
| Retained earnings | 2,426 | 2,274 |
| Accumulated other comprehensive loss | (263) | (254) |
| Treasury stock | (2,348) | (2,339) |
| Total Visteon Corporation stockholders’ equity | 1,185 | 1,038 |
| Non-controlling interests | 88 | 85 |
| Total equity | 1,273 | 1,123 |
| Total liabilities and equity | $2,893 | $2,727 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.