XML 51 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Non-Consolidated Affiliates (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Summary of transactions with affiliates
A summary of transactions with affiliates is shown below:
Year Ended December 31,
(In millions)20222021
Billings to affiliates (a)
$72 $76 
Purchases from affiliates (b)$78 $61 
(a) Primarily relates to parts production and engineering reimbursement
(b) Primarily relates to engineering services as well as selling, general and administrative expenses
Summary of investments in non-consolidated affiliates
A summary of the Company's investments in YFVIC is provided below:
December 31,
(In millions)20222021
Payables due to YFVIC
$38 $20 
Exposure to loss in YFVIC
Investment in YFVIC
$25 $36 
Receivables due from YFVIC
48 48 
    Maximum exposure to loss in YFVIC
$73 $84 
During the fourth quarter of 2022 the Company incurred approximately $19 million of charges related to program management costs and other charges associated with a joint venture. This charge is recorded within Cost of sales.