VISTEON CORP company info

CIK 1111335
IRS Number 383519512
State of incorporation DE
Business address ONE VILLAGE CENTER DRIVE
None
VAN BUREN TOWNSHIP
MI
48111
Mail address ONE VILLAGE CENTER DRIVE
None
VAN BUREN TOWNSHIP
MI
48111

Short summary

VISTEON CORP is a Michigan company, with head office located at One Village Center Drive Van Buren Township, Michigan 48111. The company achieved a record breaking net income in 2015 - 2.28 billion USD. In 2018 the company owned a total of 2.18 billion USD worth of assets, including 1.28 billion USD worth of current assets. 2013 was the year when the company amassed the most assets.

VISTEON CORP Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Revenue, Net 7,5326,8577,439
Cost of Goods and Services Sold 2,7052,6552,573
Gross Profit 618537195798430464499411
Selling, General and Administrative Expense 387177175228245220222193
Research and development 328326299325257294295253286
Interest expense 4844472519182114
Other Nonoperating Income (Expense) 977144
Income Tax Expense (Benefit) 801271075612427304843
Net income 80100690-2952,28475176164

VISTEON CORP Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 1,1809628396819831,2852,857846730525432
Accounts Receivable, Net, Current 1,3411,1661,2061,129554483519438484
Nontrade Receivables, Current 181212
Inventories 419380415462204187165197195
Deferred income taxes 332426
Property, Plant and Equipment, Gross 1,5471,5181,6841,798488527558622676
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -55-334483589163201230269303
Goodwill 3836469646404500
Intangible Assets, Net (Excluding Goodwill) 8580
Other Assets, Noncurrent 8860118168462110151155153
Total assets 5,5945,0445,4225,6494,9382,3442,2462,0362,182
Current assets 2,9782,6782,9423,6253,9271,7111,5771,3361,283
Accounts payable 1,3431,0671,1741,036484455439435440
Total current liabilities 1,9261,5591,7501,9331,001870805703739
Long-term Debt, Excluding Current Maturities 505503670801349347347348348
Deferred Revenue, Noncurrent 206656
Deferred income taxes 2061991801283623222224
Other Accrued Liabilities, Noncurrent 27613
Common Stock, Value, Issued 111111111
Retained Earnings (Accumulated Deficit) 1512124008202,9191,2391,3771,5451,623
Accumulated Other Comprehensive Income (Loss), Net of Tax 143-31-145-261-261-170-174-195-212

VISTEON CORP Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 80100690-2952,28475176164
Depreciation 25438325466667173
Amortization of Intangible Assets 45404514151315
Depreciation and amortization 316259262270169848791
Deferred Income Tax Expense (Benefit) -111-40-13-26-1361
Accounts receivable 1103821121-119-10-44
Inventories 3326492720-303-1
Accounts payable -25-261032233-10-54-19
Net Cash Provided by (Used in) Operating Activities 141175239312284338120217204
Payments to Acquire Property, Plant, and Equipment 1512582292693401877599127
Payments to Acquire Businesses, Net of Cash Acquired 0103114152-16
Net Cash Provided by (Used in) Investing Activities -123-331-40698-7402,358302-175-98
Proceeds from Issuance of Long-term Debt 5750383120461900
Payments for Repurchase of Common Stock 050250500500500200300
Net Cash Provided by (Used in) Financing Activities -259-3-115-141-359-774-2,262-233-335
Cash and Cash Equivalents, Period Increase (Decrease) -218-182102852-8501,902-1,851-172-242