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OTHER CURRENT AND NON-CURRENT ASSETS (Tables)
3 Months Ended
Mar. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of additional related assets
Additional detail related to assets is presented below:

March 31,December 31,
(in millions)20212020
Prepayments and other current assets:
Prepaid tooling$86 $84 
Prepaid taxes58 64 
Customer incentive payments (Note 4)43 43 
Prepaid engineering33 33 
Contract assets (Note 4)15 16 
Other78 72 
Total prepayments and other current assets$313 $312 
Investments and other long-term receivables:
Investment in equity affiliates$306 $297 
Equity securities (Note 3)202 472 
Other long-term receivables49 51 
Total investments and other long-term receivables$557 $820 
Other non-current assets:
Deferred income taxes$291 $291 
Operating leases219 211 
Customer incentive payments (Note 4)153 166 
Other65 60 
Total other non-current assets$728 $728