XML 33 R19.htm IDEA: XBRL DOCUMENT
v3.22.4

OTHER CURRENT AND NON-CURRENT ASSETS | 12 Months Ended
--- | ---
Dec. 31, 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:
| December 31,
(in millions) | 2022 |  | 2021
Prepayments and other current assets: |  |  |
Prepaid tooling | $ | 82 |  |  | $ | 81 |
Prepaid taxes | 40 |  |  | 64 |
Customer incentive payments (Note 3) | 34 |  |  | 36 |
Derivative instruments | 18 |  |  | 13 |
Contract assets (Note 3) | 16 |  |  | 17 |
Prepaid insurance | 11 |  |  | 9 |
Prepaid engineering | 9 |  |  | 27 |
Other | 59 |  |  | 74 |
Total prepayments and other current assets | $ | 269 |  |  | $ | 321 |
Investments and long-term receivables: |  |  |
Investment in debt securities | $ | 455 |  |  | $ | — |
Investment in equity affiliates | 279 |  |  | 298 |
Long-term receivables | 87 |  |  | 102 |
Investment in equity securities | 75 |  |  | 130 |
Total investments and long-term receivables | $ | 896 |  |  | $ | 530 |
Other non-current assets: |  |  |
Deferred income taxes (Note 7) | $ | 239 |  |  | $ | 254 |
Operating leases (Note 22) | 199 |  |  | 185 |
Customer incentive payments (Note 3) | 99 |  |  | 137 |
Derivative instruments | 68 |  |  | 8 |
Other | 63 |  |  | 99 |
Total other non-current assets | $ | 668 |  |  | $ | 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