RESTRUCTURING (Tables)

3 Months Ended

Mar. 31, 2023

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. The balances for the three months ended March 31, 2022 have been recast for a change in reporting segments that was made during the three months ended March 31, 2023. Refer to Note 22, “Reporting Segments And Related Information,” to the Condensed Consolidated Financial Statements for more information.

	Three Months Ended March 31, 2023
(in millions)	Air Management		Drivetrain & Battery Systems		Fuel Systems		ePropulsion		Corporate		Total
Employee termination benefits	$	2	$	—	$	4	$	—	$	—	$	6
Other	1		—		—		—		—		1
Total restructuring expense	$	3	$	—	$	4	$	—	$	—	$	7
	Three Months Ended March 31, 2022
(in millions)	Air Management		Drivetrain & Battery Systems		Fuel Systems		ePropulsion		Corporate		Total
Employee termination benefits	$	7	$	—	$	1	$	—	$	—	$	8
Other	—		7		—		—		—		7
Total restructuring expense	$	7	$	7	$	1	$	—	$	—	$	15

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, 2023	$	59	$	9	$	68
Restructuring expense, net	6		1		7
Cash payments	(21)		(2)		(23)
Foreign currency translation adjustment and other	—		—		—
Balance at March 31, 2023	44		8		52
Less: Non-current restructuring liability	10		—		10
Current restructuring liability at March 31, 2023	$	34	$	8	$	42
(in millions)	Employee Termination Benefits		Other		Total
Balance at January 1, 2022	$	126	$	13	$	139
Restructuring expense, net	8		7		15
Cash payments	(38)		(12)		(50)
Foreign currency translation adjustment and other	(3)		3		—
Balance at March 31, 2022	93		11		104
Less: Non-current restructuring liability	25		2		27
Current restructuring liability at March 31, 2022	$	68	$	9	$	77