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TRADE RECEIVABLES AND OTHER (Tables)

12 Months Ended

Dec. 31, 2021

Trade and other receivables [abstract]

Schedule of Trade Receivables and Other

						At December 31,
						2021												2020
(in millions of Euros)						Non-current						Current						Non-current						Current
Trade receivables - gross						—						607						—						345
Impairment						—						(4)						—						(4)
Total trade receivables - net						—						603						—						341
Income tax receivables						24						20						34						15
Other tax receivables						—						40						—						33
Contract assets						19						2						23						2
Prepaid expenses						1						9						1						6
Other						11						9						10						9
Total other receivables						55						80						68						65
Total trade receivables and other						55						683						68						406

Schedule of Contract Assets

						At December 31,
						2021												2020
(in millions of Euros)						Non-current						Current						Non-current						Current
Unbilled tooling costs						6						—						9						—
Other						13						2						14						2
Total contract assets						19						2						23						2

Schedule of Aging of Total Trade Receivables—Net

						At December 31,
(in millions of Euros)						2021						2020
Not past due						596						333
1 – 30 days past due						6						7
31 – 60 days past due						1						1
61 – 90 days past due						—						—
Greater than 90 days past due						—						—
Total trade receivables - net						603						341

Schedule of Currency Concentration of Total Trade Receivables

						At December 31,
(in millions of Euros)						2021						2020
Euro						277						143
U.S. Dollar						305						181
Swiss franc						4						6
Other currencies						17						11
Total trade receivables - net						603						341

X

- Definition

The disclosure of detailed information about trade and other receivables.

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Disclosure of Trade Receivables Net Denominated in Major Currencies

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- Definition

The disclosure of assets recognised from the costs to obtain or fulfil contracts with customers.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 15
-IssueDate 2021-01-01
-Paragraph 128
-Subparagraph a
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- Definition

The disclosure of financial assets that are either past due or impaired. [Refer: Financial assets]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Note Expiry date 2023-01-01
-Name IFRS
-Number 7
-IssueDate 2021-01-01
-Paragraph 37
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