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Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of gains and losses on derivative instruments

Financial Statement Presentation

Gains and losses on derivative financial instruments for the years ended December 31, 2022 and 2021 are as follows:

			Amount of Gain (Loss)
			Recorded Income (Loss) in AOCI, net of tax												Reclassified from AOCI into Income (Loss)												Recorded in Income (Loss)
(In millions)			2022						2021						2022						2021						2022						2021
Foreign currency risk – Cost of sales:
Cash flow hedges			—						—						—						—						(3)						1
Interest rate risk - Interest expense, net:
Net investment hedges			11						25						3						6						—						—
Interest rate swap			8						—						(5)						(6)						—						—
			$	19					$	25					$	(2)					$	—					$	(3)					$	1

Summary of percentage of sales and accounts receivable

The following is a summary of the percentage of net sales and accounts receivable from the Company's customers with a percentage of net sales greater than 10 percent:

			Percentage of Total Net Sales																		Percentage of Total Accounts Receivable
			December 31,																		December 31, 2022						December 31, 2021
			2022						2021						2020
Ford			22		%				22		%				22		%				16		%				18		%

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- References

No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

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