RESTRUCTURING (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of restructuring reserve by type of cost

The Company’s restructuring expenses consist primarily of employee termination benefits (principally severance and/or termination benefits) and other costs, which are primarily professional fees and costs related to facility closures and exits.

	Three Months Ended June 30, 2022
(in millions)	Air Management		e-Propulsion & Drivetrain		Fuel Systems		Corporate		Total
Employee termination benefits	$	7	$	14	$	2	$	(1)	$	22
Other	—		3		2		—		5
Total restructuring expense	$	7	$	17	$	4	$	(1)	$	27
	Three Months Ended June 30, 2021
(in millions)	Air Management		e-Propulsion & Drivetrain		Fuel Systems		Corporate		Total
Employee termination benefits	$	9	$	3	$	24	$	—	$	36
Other	3		20		—		3		26
Total restructuring expense	$	12	$	23	$	24	$	3	$	62
	Six Months Ended June 30, 2022
(in millions)	Air Management		e-Propulsion & Drivetrain		Fuel Systems		Corporate		Total
Employee termination benefits	$	14	$	14	$	3	$	(1)	$	30
Other	—		10		2		—		12
Total restructuring expense	$	14	$	24	$	5	$	(1)	$	42
	Six Months Ended June 30, 2021
(in millions)	Air Management		e-Propulsion & Drivetrain		Fuel Systems		Corporate		Total
Employee termination benefits	$	23	$	7	$	27	$	—	$	57
Other	6		26		—		3		35
Total restructuring expense	$	29	$	33	$	27	$	3	$	92

Schedule of restructuring reserve of roll forward of the restructuring liability

The following tables display a rollforward of the restructuring liability recorded within the Company’s Condensed Consolidated Balance Sheets and the related cash flow activity:

(in millions)	Employee Termination Benefits		Other		Total
Balance at January 1, 2022	$	126	$	13	$	139
Restructuring expense, net	30		12		42
Cash payments	(64)		(17)		(81)
Foreign currency translation adjustment and other	(5)		2		(3)
Balance at June 30, 2022	87		10		97
Less: Non-current restructuring liability	21		1		22
Current restructuring liability at June 30, 2022	$	66	$	9	$	75
(in millions)	Employee Termination Benefits		Other		Total
Balance at January 1, 2021	$	160	$	13	$	173
Restructuring expense, net	57		35		92
Cash payments	(82)		(39)		(121)
Foreign currency translation adjustment and other	(1)		1		—
Balance at June 30, 2021	134		10		144
Less: Non-current restructuring liability	37		3		40
Current restructuring liability at June 30, 2021	$	97	$	7	$	104