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RELATED PARTY DISCLOSURES (Tables)
6 Months Ended
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,
2023202220232022
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.