Related Party Transactions

12 Months Ended

Dec. 31, 2022

19. Related Party Transactions

Veoneer, Inc., was a related party until April 1, 2022. During the three months period ended March 31, 2022, when Veoneer was a related party, the Company's related party purchases from Veoneer amounted to $17 million. The related party purchases for the full year 2021 amounted to $69 million.

Amounts due to and due from related parties as of December 31, 2021 are summarized in the below table:



(Dollars in millions)	As of December 31, 2021
Related party receivables	$	1
Related party payables1)		15
Related party accrued expenses1)		9

1) Included in Related party liabilities in the Consolidated Balance Sheet.