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RELATED PARTY INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2019
Related Party Transactions [Abstract]  
Summary of Related Party Transactions These transactions primarily affected revenues, finance and interest income, cost of goods sold, trade receivables and payables and are presented as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
 
(in millions)
Net sales
$
251

 
$
325

 
$
502

 
$
644

Cost of goods sold
$
150

 
$
148

 
$
256

 
$
243

 
June 30, 2019
 
December 31, 2018
 
(in millions)
Trade receivables
$
141

 
$
107

Trade payables
$
92

 
$
103


These transactions with FCA are reflected in the Company’s condensed consolidated financial statements as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
 
(in millions)
Net sales
$
202

 
$
197

 
$
362

 
$
396

Cost of goods sold
$
83

 
$
126

 
$
196

 
$
262

Selling, general and administrative expenses
$
35

 
$
38

 
$
68

 
$
76

 
June 30, 2019
 
December 31, 2018
 
(in millions)
Trade receivables
$
10

 
$
10

Trade payables
$
84

 
$
118