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v3.23.1

Segmented Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Information for Reporting Segments |
[a] | The following tables show segment information for the Company’s reporting segments and a reconciliation of Adjusted EBIT to the Company’s consolidated income before income taxes:
|  | 2022 |
|  | Total sales |  |  | External sales |  |  | Adjusted EBIT |  |  | Depreciation and amortization |  |  | Equity loss (income) |
Body Exteriors & Structures |  | $ | 16,004 |  |  | $ | 15,763 |  |  | $ | 843 |  |  | $ | 706 |  |  | $ | 10 |
Power & Vision |  |  | 11,861 |  |  |  | 11,636 |  |  |  | 471 |  |  |  | 504 |  |  |  | (77 | )
Seating Systems |  |  | 5,269 |  |  |  | 5,252 |  |  |  | 99 |  |  |  | 84 |  |  |  | (15 | )
Complete Vehicles |  |  | 5,221 |  |  |  | 5,180 |  |  |  | 235 |  |  |  | 107 |  |  |  | (10 | )
Corporate & Other [i] |  |  | (515 | ) |  |  | 9 |  |  |  | 14 |  |  |  | 18 |  |  |  | 3 |
Total Reportable Segments |  | $ | 37,840 |  |  | $ | 37,840 |  |  | $ | 1,662 |  |  | $ | 1,419 |  |  | $ | (89 | )
|  | 2021 |
|  | Total sales |  |  | External sales |  |  | Adjusted EBIT |  |  | Depreciation and amortization |  |  | Equity loss (income) |
Body Exteriors & Structures |  | $ | 14,477 |  |  | $ | 14,196 |  |  | $ | 820 |  |  | $ | 743 |  |  | $ | 13 |
Power & Vision |  |  | 11,342 |  |  |  | 11,129 |  |  |  | 738 |  |  |  | 554 |  |  |  | (134 | )
Seating Systems |  |  | 4,891 |  |  |  | 4,851 |  |  |  | 152 |  |  |  | 92 |  |  |  | (9 | )
Complete Vehicles |  |  | 6,106 |  |  |  | 6,057 |  |  |  | 287 |  |  |  | 103 |  |  |  | (10 | )
Corporate & Other [i] |  |  | (574 | ) |  |  | 9 |  |  |  | 67 |  |  |  | 20 |  |  |  | (8 | )
Total Reportable Segments |  | $ | 36,242 |  |  | $ | 36,242 |  |  | $ | 2,064 |  |  | $ | 1,512 |  |  | $ | (148 | )
|  | 2022 |
|  | Net assets |  |  | Investments |  |  | Goodwill |  |  | Fixed assets, net |  |  | Fixed asset additions |
Body Exteriors & Structures |  | $ | 7,168 |  |  | $ | 6 |  |  | $ | 448 |  |  | $ | 4,557 |  |  | $ | 928 |
Power & Vision |  |  | 6,104 |  |  |  | 728 |  |  |  | 1,198 |  |  |  | 2,569 |  |  |  | 544 |
Seating Systems |  |  | 1,377 |  |  |  | 143 |  |  |  | 260 |  |  |  | 486 |  |  |  | 101 |
Complete Vehicles |  |  | 632 |  |  |  | 95 |  |  |  | 105 |  |  |  | 471 |  |  |  | 94 |
Corporate & Other |  |  | 802 |  |  |  | 457 |  |  |  | 20 |  |  |  | 90 |  |  |  | 14 |
Total Reportable Segments |  | $ | 16,083 |  |  | $ | 1,429 |  |  | $ | 2,031 |  |  | $ | 8,173 |  |  | $ | 1,681 |
|  | 2021 |
|  | Net assets |  |  | Investments |  |  | Goodwill |  |  | Fixed assets, net |  |  | Fixed asset additions |
Body Exteriors & Structures |  | $ | 7,349 |  |  | $ | 15 |  |  | $ | 471 |  |  | $ | 4,599 |  |  | $ | 711 |
Power & Vision |  |  | 6,066 |  |  |  | 735 |  |  |  | 1,269 |  |  |  | 2,620 |  |  |  | 522 |
Seating Systems |  |  | 1,379 |  |  |  | 147 |  |  |  | 270 |  |  |  | 485 |  |  |  | 73 |
Complete Vehicles |  |  | 623 |  |  |  | 93 |  |  |  | 112 |  |  |  | 501 |  |  |  | 54 |
Corporate & Other |  |  | 813 |  |  |  | 603 |  |  |  | — |  |  |  | 88 |  |  |  | 12 |
Total Reportable Segments |  | $ | 16,230 |  |  | $ | 1,593 |  |  | $ | 2,122 |  |  | $ | 8,293 |  |  | $ | 1,372 |
[i] | Included in Corporate and Other Adjusted EBIT are intercompany fees charged to the automotive segments.
Schedule of Reconciliation for Adjusted EBIT to Consolidated Income Before Income Taxes |
[b] | The following table reconciles Net income from operations to Adjusted EBIT:
|  | 2022 |  |  | 2021 |
Net Income |  | $ | 641 |  |  | $ | 1,553 |
Add: |  |  |  |  |  |  |  |
Interest expense, net |  |  | 81 |  |  |  | 78 |
Other expense, net |  |  | 703 |  |  |  | 38 |
Income taxes |  |  | 237 |  |  |  | 395 |
Adjusted EBIT |  | $ | 1,662 |  |  | $ | 2,064 |
Summary of Net Assets for Company's Reporting Segments |
[c] | The following table shows Net Assets for the Company’s reporting segments:
|  | 2022 |  |  | 2021 |
Total Assets |  | $ | 27,789 |  |  | $ | 29,086 |
Deduct assets not included in segment net assets: |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | (1,234 | ) |  |  | (2,948 | )
Deferred tax assets |  |  | (491 | ) |  |  | (421 | )
Long-term receivables from joint venture partners |  |  | (14 | ) |  |  | (15 | )
Deduct liabilities included in segment net assets: |  |  |  |  |  |  |  |
Accounts payable |  |  | (6,999 | ) |  |  | (6,465 | )
Accrued salaries and wages |  |  | (850 | ) |  |  | (851 | )
Other accrued liabilities |  |  | (2,118 | ) |  |  | (2,156 | )
Segment Net Assets |  | $ | 16,083 |  |  | $ | 16,230 |
Schedule of Aggregates External Revenues by Customer |
[d] | The following table aggregates external revenues by customer as follows:
|  | 2022 |  |  | 2021 |
General Motors |  | $ | 5,903 |  |  | $ | 4,884 |
BMW |  |  | 5,243 |  |  |  | 5,680 |
Stellantis |  |  | 5,013 |  |  |  | 4,683 |
Daimler AG |  |  | 4,953 |  |  |  | 5,032 |
Ford Motor Company |  |  | 4,904 |  |  |  | 4,205 |
Volkswagen |  |  | 3,872 |  |  |  | 3,717 |
Other |  |  | 7,952 |  |  |  | 8,041 |
|  | $37,840 |  |  | $36,242 |
Schedule of External Revenues and Long-Lived Assets by Geographic Region |
[e] | The following table summarizes external revenues and long-lived assets by geographic region:
|  | External Sales |  |  | Fixed Assets, Net |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
North America |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 9,648 |  |  | $ | 8,612 |  |  | $ | 1,860 |  |  | $ | 1,686 |
Canada |  |  | 4,870 |  |  |  | 4,253 |  |  |  | 921 |  |  |  | 960 |
Mexico |  |  | 4,393 |  |  |  | 3,833 |  |  |  | 1,260 |  |  |  | 1,210 |
|  |  | 18,911 |  |  |  | 16,698 |  |  |  | 4,041 |  |  |  | 3,856 |
Europe |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Austria |  |  | 6,617 |  |  |  | 7,661 |  |  |  | 737 |  |  |  | 771 |
Germany |  |  | 3,800 |  |  |  | 3,989 |  |  |  | 832 |  |  |  | 972 |
Czech Republic |  |  | 1,024 |  |  |  | 931 |  |  |  | 307 |  |  |  | 274 |
Poland |  |  | 695 |  |  |  | 610 |  |  |  | 224 |  |  |  | 220 |
France |  |  | 381 |  |  |  | 262 |  |  |  | 61 |  |  |  | 58 |
Italy |  |  | 357 |  |  |  | 296 |  |  |  | 223 |  |  |  | 237 |
Spain |  |  | 351 |  |  |  | 331 |  |  |  | 75 |  |  |  | 79 |
United Kingdom |  |  | 343 |  |  |  | 344 |  |  |  | 163 |  |  |  | 208 |
Turkey |  |  | 305 |  |  |  | 293 |  |  |  | 7 |  |  |  | 6 |
Slovakia |  |  | 206 |  |  |  | 204 |  |  |  | 299 |  |  |  | 273 |
Russia |  |  | 81 |  |  |  | 371 |  |  |  | — |  |  |  | 110 |
Other Europe |  |  | 135 |  |  |  | 139 |  |  |  | 203 |  |  |  | 208 |
|  |  | 14,295 |  |  |  | 15,431 |  |  |  | 3,131 |  |  |  | 3,416 |
Asia Pacific |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
China |  |  | 3,901 |  |  |  | 3,534 |  |  |  | 851 |  |  |  | 875 |
India |  |  | 228 |  |  |  | 147 |  |  |  | 82 |  |  |  | 83 |
Other Asia Pacific |  |  | 38 |  |  |  | 21 |  |  |  | 7 |  |  |  | 7 |
|  |  | 4,167 |  |  |  | 3,702 |  |  |  | 940 |  |  |  | 965 |
Rest of World |  |  | 467 |  |  |  | 411 |  |  |  | 61 |  |  |  | 56 |
|  | $ | 37,840 |  |  | $ | 36,242 |  |  | $ | 8,173 |  |  | $ | 8,293 |

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