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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of components of the provision from continuing operations

Details of the Company's income tax provision for (benefit from) continuing operations are provided in the table below:

			Year Ended December 31,
(In millions)			2025						2024						2023
Income (Loss) Before Income Taxes: 1
U.S.			$	32					$	32					$	8
Non-U.S.			298						269						259
Total income (loss) before income taxes			$	330					$	301					$	267
Current Tax Provision (Benefit):
U.S. federal			$	1					$	—					$	—
Non-U.S.			99						77						73
U.S. state and local			—						1						—
Total current tax provision (benefit)			100						78						73
Deferred Tax Provision (Benefit):
U.S. Federal			$	61					$	(62)					$	(382)
Non-U.S			(28)						(15)						(8)
U.S. state and local			(8)						(9)						(13)
Total deferred tax provision (benefit)			25						(86)						(403)
Provision for (benefit from) income taxes			$	125					$	(8)					$	(330)
1 Income (loss) before income taxes excludes equity in net income from non-consolidated affiliates.
Amounts shown reflect the change in accounting principle related to the method for assessing the realizability of U.S. deferred tax assets described in Note 1, "Summary of Significant Accounting Policies"

Schedule of effective income tax rate reconciliation

The table below provides a reconciliation of income tax based on the U.S. statutory tax rate of 21% to the final provision for (benefit from) income taxes.

			Year Ended December 31,
(In millions)			2025			Effective rate
Tax provision (benefit) at U.S. statutory rate of 21%			$	69		21		%
State and local income tax, net of federal income tax effect1			1			0.3		%
Foreign tax effects
Brazil
Tax rate differential			6			1.8		%
Impact of local tax regimes and incentives			(9)			(2.7)		%
Changes in valuation allowances			(13)			(3.9)		%
Other			1			0.3		%
Germany
Changes in valuation allowances			(7)			(2.1)		%
India
Tax rate differential			2			0.6		%
Withholding taxes			8			2.4		%
Tunisia
Withholding taxes			4			1.2		%
Other			2			0.6		%
Other foreign jurisdictions			8			2.4		%
Effect of cross-border tax laws
U.S. tax on foreign earnings			(14)			(4.2)		%
Foreign derived intangible income deduction			(7)			(2.1)		%
Tax credits
U.S. research credits			(1)			(0.3)		%
Changes in valuation allowances			(123)			(37.3)		%
Nontaxable or nondeductible items
Impact of U.S. tax amendments			184			55.8		%
Equity Compensation			4			1.2		%
Other			5			1.5		%
Changes in unrecognized tax benefits			5			1.5		%
Provision for (benefit from) income taxes			$	125		37.9		%
1 State taxes in Michigan, Illinois, and Kentucky made up the majority (greater than 50%) of the tax effect in this category
Amounts shown reflect the change in accounting principle related to the method for assessing the realizability of U.S. deferred tax assets described in Note 1, "Summary of Significant Accounting Policies"

			Year Ended December 31,
(In millions)			2024			Effective rate						2023 1			Effective rate
Tax provision (benefit) at U.S. statutory rate of 21%			$	63		21		%				$	56		21		%
Foreign rate differential			18			6		%				20			7		%
U.S. Tax on Foreign Earnings			(24)			(8)		%				24			9		%
Non-U.S withholding taxes			15			5		%				17			6		%
Tax holidays and incentives in foreign operations			(15)			(5)		%				(22)			(8)		%
Foreign derived intangible income deduction			(14)			(5)		%				(4)			(1)		%
State and local income taxes			(4)			(1)		%				(3)			(1)		%
Tax reserve adjustments			1			—		%				3			1		%
Change in valuation allowance			(47)			(16)		%				(459)			(172)		%
Impact of U.S. tax amendments			—			—		%				39			15		%
Research credits			(3)			(1)		%				(3)			(1)		%
Other			2			1		%				2			—		%
Provision for (benefit from) income taxes			$	(8)		(3)		%				$	(330)		(124)		%
1 2023 amounts updated for consistency with 2024 presentation.
Amounts shown reflect the change in accounting principle related to the method for assessing the realizability of U.S. deferred tax assets described in Note 1, "Summary of Significant Accounting Policies"

Schedule of deferred tax assets and liabilities

			December 31,
(In millions)			2025						2024
Deferred Tax Assets:
Net operating losses and credit carryforwards			$	689					$	884
Employee benefit plans			12						26
Lease liability			40						36
Fixed assets and intangibles			16						15
Warranty			22						16
Inventory			16						12
Restructuring			5						5
Capitalized expenditures			169						152
Deferred income			15						8
Other			108						84
Gross deferred tax assets			1,092						1,238
Valuation allowance			(473)						(598)
Total deferred tax assets			$	619					$	640
Deferred Tax Liabilities:
Outside basis investment differences, including withholding tax			$	66					$	62
Right-of-use assets			39						34
Fixed assets and intangibles			36						23
All other			18						19
Total deferred tax liabilities			159						138
Net deferred tax assets			$	460					$	502
Consolidated Balance Sheet Classification:
Other non-current assets			$	511					$	545
Deferred tax liabilities non-current			51						43
Net deferred tax assets			$	460					$	502
Amounts shown reflect the change in accounting principle related to the method for assessing the realizability of U.S. deferred tax assets described in Note 1, "Summary of Significant Accounting Policies"

Schedule of unrecognized tax benefits roll forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

			Year Ended December 31,
(In millions)			2025						2024
Beginning balance			$	20					$	25
Tax positions related to current period
Additions			2						2
Tax positions related to prior periods
Additions			3						—
Reductions			—						(7)
Ending balance			$	25					$	20

Schedule of Cash Flow, Supplemental Disclosures

Significant jurisdictions for the period include:

			Year Ended December 31,
(In millions)			2025
India			$	31
Tunisia			15
Japan			14
Mexico			11
China			10
Thailand			6
Brazil			4
Other			7
Cash paid for income taxes			$	98

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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