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OTHER CURRENT AND NON-CURRENT ASSETS
9 Months Ended
Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER CURRENT AND NON-CURRENT ASSETS OTHER CURRENT AND NON-CURRENT ASSETS
Additional detail related to assets is presented below:
September 30,December 31,
(in millions)20212020
Prepayments and other current assets:
Prepaid tooling$91 $84 
Prepaid taxes44 64 
Customer incentive payments (Note 4)38 43 
Prepaid engineering29 33 
Contract assets (Note 4)21 16 
Other85 72 
Total prepayments and other current assets$308 $312 
Investments and other long-term receivables:
Investment in equity affiliates$297 $297 
Equity securities (Note 3)150 472 
Other long-term receivables66 51 
Total investments and other long-term receivables$513 $820 
Other non-current assets:
Deferred income taxes$282 $291 
Operating leases200 211 
Customer incentive payments (Note 4)142 166 
Other75 60 
Total other non-current assets$699 $728