Note 19 - Segments, Geographical Area and Major Customer Information (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Light		Commercial					Power
2024	Vehicle		Vehicle			Off-Highway		Technologies		Corporate			Total
External sales	$	4,224	$	2,005		$	2,767	$	1,288				$	10,284
Inter-segment sales		187		112			65		25					389
		4,411		2,117			2,832		1,313					10,673
Reconciliation of sales
Elimination of inter-segment sales														(389	)
Total consolidated sales													$	10,284
Less:
Cost of sales		3,980		1,948			2,287		1,148
Selling, general and administrative expenses		122		98			141		74
Other segment items (a)		5		(4	)		15		1
Segment EBITDA	$	314	$	67		$	419	$	92				$	892
Purchases of property, plant and equipment	$	182	$	68		$	66	$	46	$	18		$	380
Segment net assets (b)	$	285	$	358		$	460	$	188	$	(71	)	$	1,220

	Light			Commercial				Power
2023	Vehicle			Vehicle		Off-Highway		Technologies		Corporate			Total
External sales	$	4,035		$	2,092	$	3,185	$	1,243				$	10,555
Inter-segment sales		190			124		61		25					400
		4,225			2,216		3,246		1,268					10,955
Reconciliation of sales
Elimination of inter-segment sales														(400	)
Total consolidated sales													$	10,555
Less:
Cost of sales		3,866			2,034		2,627		1,108
Selling, general and administrative expenses		131			108		165		74
Other segment items (a)		(16	)		13		11		3
Segment EBITDA	$	212		$	87	$	465	$	89				$	853
Purchases of property, plant and equipment	$	184		$	106	$	65	$	120	$	26		$	501
Segment net assets (b)	$	339		$	354	$	485	$	181	$	(68	)	$	1,291

	Light			Commercial				Power
2022	Vehicle			Vehicle		Off-Highway		Technologies		Corporate			Total
External sales	$	4,090		$	1,979	$	2,946	$	1,141				$	10,156
Inter-segment sales		166			110		64		28					368
		4,256			2,089		3,010		1,169					10,524
Reconciliation of sales
Elimination of inter-segment sales														(368	)
Total consolidated sales													$	10,156
Less:
Cost of sales		3,982			1,947		2,489		1,013
Selling, general and administrative expenses		115			104		135		63
Other segment items (a)		(1	)		5		18		1
Segment EBITDA	$	158		$	43	$	404	$	94				$	699
Purchases of property, plant and equipment	$	201		$	67	$	73	$	64	$	35		$	440
Segment net assets (b)	$	291		$	305	$	494	$	143	$	(88	)	$	1,145

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

	2024			2023			2022
Segment EBITDA	$	892		$	853		$	699
Corporate expense and other items, net		(7	)		(8	)		1
Depreciation		(401	)		(393	)		(365	)
Amortization		(21	)		(23	)		(23	)
Non-service cost components of pension and OPEB costs		(18	)		(13	)		(7	)
Restructuring charges, net		(76	)		(25	)		1
Stock compensation expense		(30	)		(26	)		(19	)
Strategic transaction expenses		(9	)		(5	)		(8	)
Loss on sale of property, plant and equipment		(6	)		(1	)		(2	)
Loss on disposal group previously held for sale		(26	)
Supplier capacity charge		(46	)
Distressed supplier costs					(44	)
Amounts attributable to previously divested/closed operations		(9	)					(2	)
Impairment of goodwill								(191	)
Other items		(17	)		1			2
Earnings before interest and income taxes		226			316			86
Loss on extinguishment of debt					(1	)
Interest income		15			17			11
Interest expense		161			154			128
Earnings (loss) before income taxes	$	80		$	178		$	(31	)

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

	2024		2023		2022
Segment net assets	$	1,220	$	1,291	$	1,145
Accounts payable		1,522		1,756		1,838
Cash and cash equivalents		494		529		425
Accounts receivable - Other		261		280		202
Other current assets		206		247		219
Goodwill		250		263		259
Intangibles		150		182		201
Deferred tax assets		560		516		397
Other noncurrent assets		189		140		123
Investments in affiliates		126		123		136
Operating lease assets		293		327		311
Property, plant and equipment, net		2,214		2,311		2,193
Total assets	$	7,485	$	7,965	$	7,449

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

	Net Sales						Long-Lived Assets
	2024		2023		2022		2024		2023		2022
North America
United States	$	4,675	$	4,492	$	4,668	$	1,140	$	1,203	$	1,185
Other North America		295		260		255		213		221		187
Total		4,970		4,752		4,923		1,353		1,424		1,372
Europe
Italy		1,434		1,705		1,535		222		237		219
Germany		499		549		494		129		154		131
Other Europe		1,213		1,296		1,030		363		331		302
Total		3,146		3,550		3,059		714		722		652
South America
Brazil		527		488		606		90		119		102
Other South America		252		243		182		24		24		22
Total		779		731		788		114		143		124
Asia Pacific
India		581		634		554		172		173		183
China		438		503		484		88		106		105
Other Asia Pacific		370		385		348		66		70		68
Total		1,389		1,522		1,386		326		349		356
Total	$	10,284	$	10,555	$	10,156	$	2,507	$	2,638	$	2,504