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OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Prepayments and other current assets:    
Prepaid tooling $ 99 $ 77
Derivative instruments 34 12
Prepaid taxes 40 33
Customer incentive payments (Note 4) 27 34
Contract assets (Note 4) 16 14
Other 56 60
Total prepayments and other current assets 272 230
Investments and long-term receivables:    
Investment in debt securities 262 455
Investment in equity affiliates 232 235
Long-term receivables 57 56
Equity securities 73 73
Total investments and long-term receivables 624 819
Other non-current assets:    
Operating leases 128 106
Deferred income taxes 193 179
Customer incentive payments (Note 4) 75 99
Derivative instruments 83 68
Other 39 37
Total other non-current assets $ 518 $ 489