GOODWILL AND OTHER INTANGIBLES (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

A summary of the changes in the carrying amount of goodwill are as follows:

(in millions)	Air Management		Drivetrain & Battery Systems		ePropulsion		Total
Gross goodwill balance, December 31, 2022	$	1,566	$	1,434	$	480	$	3,480
Accumulated impairment losses, December 31, 2022	(502)		—		—		(502)
Net goodwill balance, December 31, 2022*	$	1,064	$	1,434	$	480	$	2,978
Goodwill during the period:
Acquisitions	2		—		—		2
Other, primarily translation adjustment	(6)		(10)		(28)		(44)
Ending balance, September 30, 2023	$	1,060	$	1,424	$	452	$	2,936

__________________________________

* The December 31, 2022 balances have been recast for a change in reportable segments that was made during the first quarter of 2023. Refer to Note 22, “Reportable Segments And Related Information” for more information.

Schedule of Finite-Lived Intangible Assets

The Company’s other intangible assets, primarily from acquisitions, consist of the following:

		September 30, 2023						December 31, 2022
(in millions)	Estimated useful lives (years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Patented and unpatented technology	5 - 15	$	349	$	134	$	215	$	349	$	111	$	238
Customer relationships	6 - 15	620		287		333		639		267		372
Miscellaneous	2 - 5	9		6		3		9		6		3
Total amortized intangible assets		978		427		551		997		384		613
Unamortized trade names		6		—		6		6		—		6
Total other intangible assets		$	984	$	427	$	557	$	1,003	$	384	$	619

Schedule of Indefinite-Lived Intangible Assets

The Company’s other intangible assets, primarily from acquisitions, consist of the following:

		September 30, 2023						December 31, 2022
(in millions)	Estimated useful lives (years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Patented and unpatented technology	5 - 15	$	349	$	134	$	215	$	349	$	111	$	238
Customer relationships	6 - 15	620		287		333		639		267		372
Miscellaneous	2 - 5	9		6		3		9		6		3
Total amortized intangible assets		978		427		551		997		384		613
Unamortized trade names		6		—		6		6		—		6
Total other intangible assets		$	984	$	427	$	557	$	1,003	$	384	$	619