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v3.20.4

Related Party Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Related Party Transactions [Abstract] |
Schedule of related party transactions | These transactions with FCA are reflected in the Company’s consolidated financial statements as follows:
|  | 2020 |  | 2019 |  | 2018
|  | (in millions)
Net sales |  | $ | 599 |  |  | $ | 719 |  |  | $ | 748 |
Cost of goods sold |  | $ | 212 |  |  | $ | 319 |  |  | $ | 433 |
Selling, general and administrative expenses |  | $ | 127 |  |  | $ | 147 |  |  | $ | 151 |
|  | December 31, 2020 |  | December 31, 2019
|  | (in millions)
Trade receivables |  | $ | 8 |  |  | $ | 4 |
Trade payables |  | $ | 85 |  |  | $ | 83 |
These transactions primarily affected revenues, finance, interest and other income, cost of goods sold, trade receivables and payables and are presented as follows:
|  | 2020 |  | 2019 |  | 2018
|  | (in millions)
Net sales |  | $ | 1,076 |  |  | $ | 911 |  |  | $ | 1,068 |
Cost of goods sold |  | $ | 412 |  |  | $ | 514 |  |  | $ | 522 |
|  | December 31, 2020 |  | December 31, 2019
|  | (in millions)
Trade receivables |  | $ | 170 |  |  | $ | 121 |
Trade payables |  | $ | 98 |  |  | $ | 70 |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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