XML 30 R14.htm IDEA: XBRL DOCUMENT
v3.22.0.1

RESEARCH AND DEVELOPMENT COSTS | 12 Months Ended
--- | ---
Dec. 31, 2021
Research and Development [Abstract] |
RESEARCH AND DEVELOPMENT COSTS | RESEARCH AND DEVELOPMENT COSTSThe Company’s net Research & Development (“R&D”) expenditures are primarily included in Selling, general and administrative expenses of the Consolidated Statements of Operations. Customer reimbursements are netted against gross R&D expenditures as they are considered a recovery of cost. Customer reimbursements for prototypes are recorded net of prototype costs based on customer contracts, typically either when the prototype is shipped or when it is accepted by the customer. Customer reimbursements for engineering services are recorded when performance obligations are satisfied in accordance with the contract. Financial risks and rewards transfer upon shipment, acceptance of a prototype component by the customer or upon completion of the performance obligation as stated in the respective customer agreement. The Company has various customer arrangements relating to R&D activities that it performs at its various R&D locations. The following table presents the Company’s gross and net expenditures on R&D activities:
| Year Ended December 31,
(in millions) | 2021 |  | 2020 |  | 2019
Gross R&D expenditures | $ | 930 |  |  | $ | 533 |  |  | $ | 498 |
Customer reimbursements | (223) |  |  | (57) |  |  | (85) |
Net R&D expenditures | $ | 707 |  |  | $ | 476 |  |  | $ | 413 |
Net R&D expenditures as a percentage of net sales were 4.8%, 4.7% and 4.1% for the years ended December 31, 2021, 2020 and 2019, respectively. The increase in gross and net R&D expenditures was primarily due to the Delphi Technologies acquisition.

X
- References No definition available. + Details
Name: | us-gaap_ResearchAndDevelopmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 730 -URI http://asc.fasb.org/subtopic&trid=2197926 + Details
Name: | us-gaap_ResearchDevelopmentAndComputerSoftwareDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration