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Other Non-current Assets
12 Months Ended
Dec. 31, 2021
Other Assets, Noncurrent [Abstract]  
Other Non-Current Assets

8. Other Non-Current Assets

 

(Dollars in millions)

 

December 31,

 

 

 

2021

 

 

2020

 

Equity method investments

 

$

11

 

 

$

9

 

Deferred tax assets

 

 

271

 

 

 

281

 

Income tax receivables

 

 

20

 

 

 

28

 

Insurance receivables

 

 

127

 

 

 

105

 

Other non-current assets

 

 

51

 

 

 

44

 

Total other non-current assets

 

$

481

 

 

$

466

 

 

As of December 31, 2021 and 2020, the Company had one equity method investment. The Company has ownership of 49% in Autoliv-Hirotako Safety Sdn, Bhd (parent and subsidiaries) in Malaysia which it currently does not control, but in which it exercises significant influence over operations and financial position.