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OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Prepayments and other current assets:    
Prepaid tooling $ 82 $ 81
Prepaid taxes 55 64
Customer incentive payments 35 36
Prepaid engineering 18 27
Contract assets 18 17
Other 95 96
Total prepayments and other current assets 303 321
Investments and long-term receivables:    
Investment in equity affiliates 292 298
Long-term receivables 79 102
Equity securities 71 130
Total investments and long-term receivables 442 530
Other non-current assets:    
Deferred income taxes 229 254
Operating leases 176 185
Customer incentive payments 114 137
Derivative instruments 73 8
Other 112 99
Total other non-current assets $ 704 $ 683