XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.22.2

OTHER CURRENT AND NON-CURRENT ASSETS | 6 Months Ended
--- | ---
Jun. 30, 2022
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:
| June 30, |  | December 31,
(in millions) | 2022 |  | 2021
Prepayments and other current assets: |  |  |
Prepaid tooling | $ | 82 |  |  | $ | 81 |
Prepaid taxes | 55 |  |  | 64 |
Customer incentive payments (Note 4) | 35 |  |  | 36 |
Prepaid engineering | 18 |  |  | 27 |
Contract assets (Note 4) | 18 |  |  | 17 |
Other | 95 |  |  | 96 |
Total prepayments and other current assets | $ | 303 |  |  | $ | 321 |
Investments and long-term receivables: |  |  |
Investment in equity affiliates | $ | 292 |  |  | $ | 298 |
Long-term receivables | 79 |  |  | 102 |
Equity securities (Note 3) | 71 |  |  | 130 |
Total investments and long-term receivables | $ | 442 |  |  | $ | 530 |
Other non-current assets: |  |  |
Deferred income taxes | $ | 229 |  |  | $ | 254 |
Operating leases | 176 |  |  | 185 |
Customer incentive payments (Note 4) | 114 |  |  | 137 |
Derivative instruments | 73 |  |  | 8 |
Other | 112 |  |  | 99 |
Total other non-current assets | $ | 704 |  |  | $ | 683 |

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

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration