OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Prepayments and other current assets:
Prepaid tooling	$ 89	$ 77
Derivative instruments	32	12
Prepaid taxes	38	33
Customer incentive payments (Note 3)	27	34
Contract assets (Note 3)	18	14
Prepaid insurance	10	10
Other	47	50
Total prepayments and other current assets	261	230
Investments and long-term receivables:
Investment in equity affiliates	237	235
Investment in equity securities	71	73
Long-term receivables	56	56
Investment in debt securities	0	455
Total investments and long-term receivables	364	819
Other non-current assets:
Operating leases (Note 22)	143	106
Deferred income taxes (Note 7)	257	179
Customer incentive payments (Note 3)	58	99
Derivative instruments	15	68
Other	39	37
Total other non-current assets	$ 512	$ 489