Veoneer, inc. (VNE)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Dec'17
Assets
Assets, Current [Abstract]
Cash and cash equivalents

970

859

1,062

1,204

715

864

919

980

0

Short-term investments

-

-

0

0

0

5

5

-

0

Receivables, net

216

253

309

319

364

376

437

439

448

Inventories, net

135

144

159

158

170

172

166

157

154

Related party receivables

6

11

14

16

43

64

63

71

13

Prepaid expenses

36

47

46

42

39

39

33

29

34

Other current assets

18

18

12

19

21

22

25

23

0

Assets held for sale

26

317

-

-

-

0

-

-

-

Total current assets

1,407

1,649

1,602

1,758

1,352

1,543

1,648

1,699

649

Property, plant and equipment, net

395

473

570

548

521

499

456

415

362

Operating lease right-of-use assets

96

100

99

94

70

-

-

-

-

Equity method investment

79

87

75

73

81

101

120

134

98

Goodwill

289

290

290

290

290

291

291

291

292

Intangible assets, net

12

17

87

93

96

102

102

109

122

Deferred tax assets

7

7

11

10

10

11

28

30

30

Other Long-term Investments

10

9

10

10

8

8

-

-

0

Related party notes receivables

-

-

0

0

0

-

0

-

76

Other non-current assets

26

111

111

91

91

78

82

71

34

Total assets

2,321

2,743

2,855

2,967

2,519

2,632

2,728

2,749

1,663

Liabilities and equity
Liabilities, Current [Abstract]
Accounts payable

233

233

317

276

307

369

356

279

320

Short-term debt

-

-

21

20

-

-

-

-

-

Related party payables

2

3

4

12

4

16

3

47

8

Accrued expenses

198

192

227

207

214

193

237

216

195

Income tax payable

26

7

6

6

7

9

10

12

41

Related party short-term debt

-

-

2

3

2

-

-

-

62

Other current liabilities

41

38

36

48

59

48

24

30

26

Liabilities held for sale

7

118

-

-

-

0

-

-

-

Related party short-term debt

-

-

-

-

-

-

-

-

0

Total current liabilities

507

591

613

572

593

636

630

584

590

4% Convertible Senior Notes due 2024

163

160

158

156

-

0

-

-

-

Related party long-term debt

-

-

12

12

13

-

12

13

-

Pension liability

17

17

21

21

20

20

19

19

14

Deferred tax liabilities

13

13

12

12

14

13

16

20

17

Operating lease non-current liabilities

78

82

81

75

53

-

-

-

-

Finance lease non-current liabilities

34

33

33

33

33

1

-

-

-

Other non-current liabilities

27

29

25

22

25

37

11

11

22

Total non-current liabilities

332

334

342

331

158

70

58

63

115

Commitments and contingencies

-

-

-

-

-

-

0

0

-

Equity
Common stock  (par value $1.00, $325 million shares authorized, 111 million shares issued and outstanding as of March 31, 2020 and December 31, 2019)

111

111

111

111

87

87

87

87

0

Additional paid-in capital

2,345

2,343

2,343

2,341

1,939

1,938

1,929

1,915

0

Accumulated deficit

-914

-681

-584

-451

-318

-181

-68

-

0

Net Former Parent investment

-

-

-

-

-

-

0

-

844

Accumulated other comprehensive loss

-60

-44

-59

-34

-30

-19

-12

-13

-8

Total equity

1,482

1,729

1,811

1,967

1,678

1,826

1,936

1,989

836

Non-controlling interest

0

89

89

97

90

101

104

113

122

Total equity and non-controlling interest

1,482

1,818

1,900

2,064

1,768

1,927

2,040

2,102

957

Total liabilities, equity and non-controlling interest

2,321

2,743

2,855

2,967

2,519

2,632

2,728

2,749

1,663

Shares Issued (in shares)

111

111

-

-

-

-

-

-

-

Shares Outstanding (in shares)

111

111

-

-

-

-

-

-

-

Shares Authorized (in shares)

325

325

-

-

-

-

-

-

-

Par Value (in dollars per share)

1.00

1.00

-

-

-

-

-

-

-