DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The following table summarizes the financial results from discontinued operations of PHINIA.

(in millions)	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net sales	$	—	$	887	$	—	$	1,723
Cost of sales	—		699		—		1,362
Gross profit	—		188		—		361
Selling, general and administrative expenses	—		88		—		173
Restructuring expense	—		3		—		7
Other operating expense, net	14		47		24		65
Operating (loss) income	(14)		50		(24)		116
Equity in affiliates’ earnings, net of tax	—		(2)		—		(5)
(Loss) earnings from discontinued operations before income taxes	(14)		52		(24)		121
(Benefit) provision for income taxes	(2)		76		(5)		96
Net (loss) earnings from discontinued operations attributable to PHINIA	$	(12)	$	(24)	$	(19)	$	25