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OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Prepayments and other current assets:    
Prepaid tooling $ 82 $ 81
Prepaid taxes 40 64
Customer incentive payments (Note 3) 34 36
Derivative instruments 18 13
Contract assets (Note 3) 16 17
Prepaid insurance 11 9
Prepaid engineering 9 27
Other 59 74
Total prepayments and other current assets 269 321
Investments and long-term receivables:    
Investment in debt securities 455 0
Investment in equity affiliates 279 298
Long-term receivables 87 102
Investment in equity securities 75 130
Total investments and long-term receivables 896 530
Other non-current assets:    
Deferred income taxes (Note 7) 239 254
Operating leases 199 185
Customer incentive payments (Note 3) 99 137
Derivative instruments 68 8
Other 63 99
Total other non-current assets $ 668 $ 683