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Other Assets
 9 Months Ended
Sep. 30, 2020
Other Assets [Abstract]  
Other Assets Disclosure [Text Block] Other Assets
Other current assets are comprised of the following components:
September 30,December 31,
(In millions)20202019
 Recoverable taxes
$68 $64 
 Joint venture receivables
52 41 
 Contractually reimbursable engineering costs
32 29 
 Prepaid assets and deposits
19 22 
China bank notes11 16 
Royalty agreements11 17 
 Other
— 4 
$193 $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 redeemed $104 million and $59 million of China bank notes during the nine months ended September 30, 2020 and 2019, respectively. Remaining amounts outstanding at third party institutions related to sold bank notes will mature by March 31, 2021.

Other non-current assets are comprised of the following components:
September 30,December 31,
(In millions)20202019
Deferred tax assets$55 $59 
Contractually reimbursable engineering costs30 24 
Recoverable taxes19 28 
Royalty agreements8 11 
Joint venture notes receivable6 8 
 Other
15 20 
$133 $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 $12 million during the remainder of 2020, $24 million in 2021, $8 million in 2022, $7 million in 2023 and $11 million in 2024 and beyond.