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RELATED PARTY DISCLOSURES (Tables) | 6 Months Ended
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Jun. 30, 2023
Related party [Abstract] |
Schedule of related party transactions | The following table presents the related party transactions included in the interim condensed consolidated statements of operations:
(in millions) | Three Months Ended June 30, | Six Months Ended June 30,
| 2023 |  | 2022 | 2023 |  | 2022
Purchases from: * |  |  |  |  |  |
SMP | $13 |  | $13 | $23 |  | $27
Other transactions with: |  |  |  |  |  |
SMP (reimbursement of expenses and contribution of tools) | $10 |  | $12 | $23 |  | $22
* Purchases from SMP were primarily comprised of wafer purchases.

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- Definition The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2023-01-01 -Paragraph 18 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=24&code=ifrs-tx-2023-en-r&anchor=para_18&doctype=Standard -URIDate 2023-03-23 + Details
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