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Other Assets
 6 Months Ended
Jun. 30, 2020
Other Assets [Abstract]  
Other Assets Disclosure [Text Block] Other Assets
Other current assets are comprised of the following components:
June 30December 31
(In millions)20202019
Recoverable taxes
$51  $61  
Joint venture receivables
39  41  
Contractually reimbursable engineering costs
35  29  
Prepaid assets and deposits
24  22  
Royalty agreements9  17  
China bank notes
—  16  
Other
5  7  
$163  $193  

The Company receives bank notes from certain customers in China to settle trade accounts receivable. The collection of such bank notes are included in operating cash flows based on the substance of the underlying transactions, which are operating in nature. The Company sold $73 million and $36 million of China bank notes during the six months ended June 30, 2020 and 2019, respectively. Remaining amounts outstanding at third party institutions related to sold bank notes will mature by December 31, 2020.

Other non-current assets are comprised of the following components:
June 30December 31
(In millions)20202019
Deferred tax assets$57  $59  
Contractually reimbursable engineering costs33  24  
Recoverable taxes19  28  
Royalty agreements13  11  
Joint venture notes receivable6  8  
Other
18  20  
$146  $150  
Current and non-current contractually reimbursable engineering costs are related to pre-production design and development costs incurred pursuant to long-term supply arrangements that are contractually guaranteed for reimbursement by customers. The Company expects to receive cash reimbursement payments of $20 million during the remainder of 2020, $25 million in 2021, $12 million in 2022, $3 million in 2023 and $8 million in 2024 and beyond.