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OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Prepayments and other current assets:    
Prepaid tooling $ 82 $ 81
Prepaid taxes 40 64
Derivative instruments 32 13
Customer incentive payments 32 36
Contract assets 18 17
Prepaid insurance 12 9
Prepaid engineering 12 27
Other 57 74
Total prepayments and other current assets 285 321
Investments and long-term receivables:    
Investment in equity affiliates 266 298
Long-term receivables 81 102
Equity securities 75 130
Total investments and long-term receivables 422 530
Other non-current assets:    
Deferred income taxes 204 254
Operating leases 184 185
Derivative instruments 172 8
Customer incentive payments 102 137
Other 120 99
Total other non-current assets $ 782 $ 683