XML 52 R41.htm IDEA: XBRL DOCUMENT v3.24.1.u1
RELATED PARTY INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Summary of Related Party Transactions
The transactions with Iveco Group post-Demerger are reflected in the consolidated financial statements as follows (in millions of dollars):
Three Months Ended March 31,
20242023
Net sales$38 $20 
Purchases$211 $255 
March 31, 2024December 31, 2023
Trade receivables$15 $25 
Financial receivables from Iveco Group N.V.$230 $380 
Trade payables$173 $335 
Financial payables to Iveco Group N.V.$70 $146 
The following table sets forth the related party transactions entered into for the time period presented:
Three Months Ended March 31,
20242023
Net sales$158 $133 
Purchases$142 $150 
March 31, 2024December 31, 2023
Trade receivables$6 $2 
Trade payables$111 $54