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OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Prepayments and other current assets:    
Prepaid tooling $ 83 $ 82
Prepaid taxes 40 40
Customer incentive payments (Note 4) 34 34
Derivative instruments 29 18
Contract assets (Note 4) 14 16
Other 91 79
Total prepayments and other current assets 291 269
Investments and long-term receivables:    
Investment in debt securities 441 455
Investment in equity affiliates 287 279
Long-term receivables 92 87
Equity securities 75 75
Total investments and long-term receivables 895 896
Other non-current assets:    
Deferred income taxes 280 239
Operating leases 197 199
Customer incentive payments 90 99
Derivative instruments 68 68
Other 64 63
Total other non-current assets $ 699 $ 668