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RELATED PARTY INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

These transactions with Stellantis are reflected in the Company’s consolidated financial statements as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in millions)
Net sales	$	—	$	—	$	—	$	—
Cost of goods sold	2		6		6		11
Selling, general and administrative expenses	10		12		22		25


	June 30, 2023		December 31, 2022
	(in millions)
Trade receivables	$	—	$	—
Trade payables	17		14

The transactions with Iveco Group post-Demerger are reflected in the consolidated financial statements as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in millions)
Net sales	$	37	$	21	$	57	$	21
Cost of goods sold	279		243		534		503


	June 30, 2023		December 31, 2022
	(in millions)
Trade receivables	$	24	$	21
Receivables from Iveco Group N.V.	260		298
Trade payables	230		184
Payables to Iveco Group N.V.	111		156

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,
	2023		2022		2023		2022
	(in millions)
Net sales	$	160	$	96	$	293	$	222
Cost of goods sold	176		123		326		244


	June 30, 2023		December 31, 2022
	(in millions)
Trade receivables	$	4	$	—
Trade payables	86		100