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Business Combinations
 12 Months Ended
Dec. 31, 2024
Business Combinations [Abstract]  
Business Combinations
7.  BUSINESS COMBINATIONS
 
[a]
HE System Electronic Acquisition
On May 31, 2024, the Company acquired 100% of the common shares and voting interests of HE System Electronic [“HES”]. HES develops and produces micro-electronic assemblies and electronic systems. The acquisition was accounted for as a business combination and is recorded in the Company’s Power & Vision segment. Total consideration was $51 million [net of $1 million cash acquired], and was recognized
as non-cash working
capital of $6 million and long-lived assets of $45 million.
 
[b]
Veoneer Acquisition
On June 1, 2023, the Company completed the acquisition of 100% of the common shares and voting interests of the entities holding Veoneer AS for $1,438 million [net of $111 million cash acquired]. The final allocation of the consideration to the assets acquired and liabilities assumed was completed during the second quarter of 2024, and was consistent with the preliminary purchase price allocation.