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Note 19 - Segments (Tables) | 9 Months Ended
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Sep. 30, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Light |  |  | Commercial |  |  |  |  |  |  |  |  |
Three months ended September 30, 2025 |  | Vehicle |  |  | Vehicle |  |  | Corporate |  |  | Total |
External sales |  | $ | 1,353 |  |  | $ | 564 |  |  |  |  |  |  | $ | 1,917 |
Inter-segment sales |  |  | 33 |  |  |  | 20 |  |  |  |  |  |  |  | 53 |
|  |  | 1,386 |  |  |  | 584 |  |  |  |  |  |  |  | 1,970 |
Reconciliation of sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Elimination of inter-segment sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (53 | )
Total consolidated sales |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,917 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 1,214 |  |  |  | 500 |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 37 |  |  |  | 32 |  |  |  |  |  |  |  |  |
Other segment items (a) |  |  | (9 | ) |  |  | (1 | ) |  |  |  |  |  |  |  |
Segment EBITDA |  | $ | 126 |  |  | $ | 51 |  |  |  |  |  |  | $ | 177 |
Purchases of property, plant and equipment |  | $ | 34 |  |  | $ | 13 |  |  | $ | 2 |  |  | $ | 49 |
Segment net assets (b) - September 30, 2025 |  | $ | 620 |  |  | $ | 550 |  |  | $ | (80 | ) |  | $ | 1,090 |
|  | Light |  |  | Commercial |  |  |  |  |  |  |  |  |
Three months ended September 30, 2024 |  | Vehicle |  |  | Vehicle |  |  | Corporate |  |  | Total |
External sales |  | $ | 1,285 |  |  | $ | 612 |  |  |  |  |  |  | $ | 1,897 |
Inter-segment sales |  |  | 39 |  |  |  | 23 |  |  |  |  |  |  |  | 62 |
|  |  | 1,324 |  |  |  | 635 |  |  |  |  |  |  |  | 1,959 |
Reconciliation of sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Elimination of inter-segment sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (62 | )
Total consolidated sales |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,897 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 1,195 |  |  |  | 558 |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 46 |  |  |  | 32 |  |  |  |  |  |  |  |  |
Other segment items (a) |  |  | (1 | ) |  |  | — |  |  |  |  |  |  |  |  |
Segment EBITDA |  | $ | 82 |  |  | $ | 45 |  |  |  |  |  |  | $ | 127 |
Purchases of property, plant and equipment |  | $ | 34 |  |  | $ | — |  |  | $ | 3 |  |  | $ | 37 |
Segment net assets (b) - December 31, 2024 |  | $ | 463 |  |  | $ | 426 |  |  | $ | (72 | ) |  | $ | 817 |
|  | Light |  |  | Commercial |  |  |  |  |  |  |  |  |
Nine months ended September 30, 2025 |  | Vehicle |  |  | Vehicle |  |  | Corporate |  |  | Total |
External sales |  | $ | 3,901 |  |  | $ | 1,732 |  |  |  |  |  |  | $ | 5,633 |
Inter-segment sales |  |  | 104 |  |  |  | 62 |  |  |  |  |  |  |  | 166 |
|  |  | 4,005 |  |  |  | 1,794 |  |  |  |  |  |  |  | 5,799 |
Reconciliation of sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Elimination of inter-segment sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (166 | )
Total consolidated sales |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 5,633 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 3,570 |  |  |  | 1,552 |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 122 |  |  |  | 101 |  |  |  |  |  |  |  |  |
Other segment items (a) |  |  | (7 | ) |  |  | (2 | ) |  |  |  |  |  |  |  |
Segment EBITDA |  | $ | 306 |  |  | $ | 139 |  |  |  |  |  |  | $ | 445 |
Purchases of property, plant and equipment |  | $ | 113 |  |  | $ | 29 |  |  | $ | 11 |  |  | $ | 153 |
|  | Light |  |  | Commercial |  |  |  |  |  |  |  |  |
Nine months ended September 30, 2024 |  | Vehicle |  |  | Vehicle |  |  | Corporate |  |  | Total |
External sales |  | $ | 4,049 |  |  | $ | 1,911 |  |  |  |  |  |  | $ | 5,960 |
Inter-segment sales |  |  | 116 |  |  |  | 68 |  |  |  |  |  |  |  | 184 |
|  |  | 4,165 |  |  |  | 1,979 |  |  |  |  |  |  |  | 6,144 |
Reconciliation of sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Elimination of inter-segment sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (184 | )
Total consolidated sales |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 5,960 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 3,778 |  |  |  | 1,759 |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 140 |  |  |  | 98 |  |  |  |  |  |  |  |  |
Other segment items (a) |  |  | 3 |  |  |  | (5 | ) |  |  |  |  |  |  |  |
Segment EBITDA |  | $ | 250 |  |  | $ | 117 |  |  |  |  |  |  | $ | 367 |
Purchases of property, plant and equipment |  | $ | 150 |  |  | $ | 38 |  |  | $ | 10 |  |  | $ | 198 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Segment EBITDA |  | $ | 177 |  |  | $ | 127 |  |  | $ | 445 |  |  | $ | 367 |
Corporate expense and other items, net |  |  | (15 | ) |  |  | (16 | ) |  |  | (43 | ) |  |  | (56 | )
Depreciation |  |  | (86 | ) |  |  | (83 | ) |  |  | (257 | ) |  |  | (253 | )
Amortization |  |  | (3 | ) |  |  | (3 | ) |  |  | (9 | ) |  |  | (10 | )
Non-service cost components of pension and OPEB costs |  |  | (3 | ) |  |  | (5 | ) |  |  | (7 | ) |  |  | (12 | )
Restructuring charges, net |  |  | (4 | ) |  |  | (20 | ) |  |  | (17 | ) |  |  | (36 | )
Stock compensation expense |  |  | (8 | ) |  |  | (7 | ) |  |  | (31 | ) |  |  | (21 | )
Strategic transaction expenses |  |  | (6 | ) |  |  | 2 |  |  |  | (12 | ) |  |  | (2 | )
Gain (loss) on sale of property, plant and equipment |  |  | (1 | ) |  |  | 1 |  |  |  |  |  |  |  |  |
Supplier capacity charge adjustment |  |  | 2 |  |  |  |  |  |  |  | 21 |  |  |  |  |
Loss on divestiture of ownership interests |  |  |  |  |  |  |  |  |  |  | (7 | ) |  |  |  |
Loss on disposal group previously held for sale |  |  |  |  |  |  | 4 |  |  |  |  |  |  |  | (26 | )
Other items |  |  |  |  |  |  | (8 | ) |  |  | (6 | ) |  |  | (10 | )
Earnings (loss) from continuing operations before interest and income taxes |  |  | 53 |  |  |  | (8 | ) |  |  | 77 |  |  |  | (59 | )
Interest income |  |  | 3 |  |  |  | 5 |  |  |  | 8 |  |  |  | 9 |
Interest expense |  |  | 47 |  |  |  | 38 |  |  |  | 130 |  |  |  | 117 |
Loss from continuing operations before income taxes |  | $ | 9 |  |  | $ | (41 | ) |  | $ | (45 | ) |  | $ | (167 | )
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  |  | September 30, |  |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Segment net assets |  | $ | 1,090 |  |  | $ | 817 |
Accounts payable |  |  | 1,206 |  |  |  | 1,120 |
Cash and cash equivalents |  |  | 414 |  |  |  | 494 |
Accounts receivable - Other |  |  | 228 |  |  |  | 220 |
Other current assets |  |  | 151 |  |  |  | 148 |
Current assets of disposal group held for sale |  |  | 1,040 |  |  |  | 904 |
Intangibles |  |  | 74 |  |  |  | 80 |
Deferred tax assets |  |  | 541 |  |  |  | 514 |
Other noncurrent assets |  |  | 96 |  |  |  | 118 |
Investment in affiliates |  |  | 96 |  |  |  | 125 |
Operating lease assets |  |  | 310 |  |  |  | 256 |
Property, plant and equipment, net |  |  | 1,887 |  |  |  | 1,830 |
Noncurrent assets of disposal group held for sale |  |  | 975 |  |  |  | 876 |
Total assets |  | $ | 8,108 |  |  | $ | 7,502 |

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