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Related Party Information (Tables)
 12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Schedule of related party transactions
The following table sets forth the related party transactions entered into for the time period presented:
(in millions of dollars)
202320222021
Net sales$— $— $— 
Purchases$11 $17 $31 
Selling, general and administrative expenses$37 $48 $59 

(in millions of dollars)
December 31, 2023December 31, 2022
Trade receivables$— $— 
Trade payables$11 $14 
The following table sets forth the related party transactions entered into with Iveco Group post-Demerger for the time period presented:
(in millions of dollars)
202320222021
Net revenues$139 $48 $21 
Purchases$1,042 $930 $948 
Selling, general and administrative expenses$— $— $— 
 
(in millions of dollars)
December 31, 2023December 31, 2022
Trade receivables$25 $21 
Financial receivables from Iveco Group N.V.$380 $298 
Trade payables$335 $184 
Financial payables to Iveco Group N.V.$146 $156 
 
(in millions of dollars)
202320222021
Net sales$589 $400 $402 
Purchases$508 $554 $496 
 
(in millions of dollars)
December 31, 2023December 31, 2022
Trade receivables$2 $— 
Trade payables$54 $100