Assets

3 Months Ended

Mar. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Assets

ASSETS

Other current assets consisted of the following:

	March 31, 2023		December 31, 2022
	(in millions)
Value added tax receivable	$	183	$	167
Prepaid insurance and other expenses	89		75
Reimbursable engineering costs	95		90
Notes receivable	6		8
Income and other taxes receivable	40		40
Deposits to vendors	9		7
Derivative financial instruments (Note 14)	92		44
Capitalized upfront fees (Note 20)	17		17
Contract assets (Note 20)	35		24
Other	10		8
Total	$	576	$	480

Other long-term assets consisted of the following:

	March 31, 2023		December 31, 2022
	(in millions)
Deferred income taxes, net	$	259	$	259
Unamortized Revolving Credit Facility debt issuance costs	8		8
Income and other taxes receivable	31		30
Reimbursable engineering costs	142		160
Value added tax receivable	2		2
Equity investments (Note 21)	63		84
Derivative financial instruments (Note 14)	27		14
Capitalized upfront fees (Note 20)	53		61
Contract assets (Note 20)	53		43
Other	81		79
Total	$	719	$	740