Note 18 - Segments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

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

	Light		Commercial
Three months ended March 31, 2025	Vehicle		Vehicle		Off-Highway		Corporate			Total
External sales	$	1,180	$	568	$	604				$	2,352
Inter-segment sales		42		30		11					83
		1,222		598		615					2,435
Reconciliation of sales
Elimination of inter-segment sales											(83	)
Total consolidated sales										$	2,352
Less:
Cost of sales		1,114		520		506
Selling, general and administrative expenses		40		35		35
Other segment items (a)		—		1		5
Segment EBITDA	$	68	$	44	$	79				$	191
Purchases of property, plant and equipment	$	48	$	12	$	9	$	6		$	75
Segment net assets (b)	$	453	$	498	$	519	$	(87	)	$	1,383

	Light		Commercial
Three months ended March 31, 2024	Vehicle		Vehicle		Off-Highway		Corporate			Total
External sales	$	1,324	$	653	$	758				$	2,735
Inter-segment sales		47		31		16					94
		1,371		684		774					2,829
Reconciliation of sales
Elimination of inter-segment sales											(94	)
Total consolidated sales										$	2,735
Less:
Cost of sales		1,249		617		624
Selling, general and administrative expenses		44		36		39
Other segment items (a)		—		2		4
Segment EBITDA	$	78	$	33	$	115				$	226
Purchases of property, plant and equipment	$	37	$	17	$	14	$	2		$	70
Segment net assets (b)	$	542	$	496	$	475	$	(59	)	$	1,454

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

	Three Months Ended
	March 31,
	2025			2024
Segment EBITDA	$	191		$	226
Corporate expense and other items, net		(3	)		(3	)
Depreciation		(96	)		(101	)
Amortization		(5	)		(5	)
Non-service cost components of pension and OPEB costs		(2	)		(4	)
Restructuring charges, net		(5	)		(5	)
Stock compensation expense		(13	)		(6	)
Strategic transaction expenses		(15	)		(2	)
Gain (loss) on sale of property, plant and equipment		1			(5	)
Supplier capacity charge adjustment		19
Loss on disposal group previously held for sale					(29	)
Other items					4
Earnings before interest and income taxes		72			70
Interest income		3			4
Interest expense		39			39
Earnings before income taxes	$	36		$	35

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

		March 31,
	2025		2024
Segment net assets	$	1,383	$	1,454
Accounts payable		1,659		1,697
Cash and cash equivalents		507		351
Accounts receivable - Other		236		251
Other current assets		246		287
Current assets of disposal group held for sale				62
Goodwill		257		257
Intangibles		148		169
Deferred tax assets		579		507
Other noncurrent assets		137		158
Investment in affiliates		127		123
Operating lease assets		299		315
Property, plant and equipment, net		2,222		2,226
Total assets	$	7,800	$	7,857