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DISCONTINUED OPERATIONS
 9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS
The following table summarizes the financial results from discontinued operations of PHINIA.

(in millions)
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net sales$— $— $— $1,723 
Cost of sales— — — 1,362 
Gross profit— — — 361 
Selling, general and administrative expenses— — — 173 
Restructuring expense— — — 7 
Other operating expense, net4 52 28 117 
Operating (loss) income(4)(52)(28)64 
Equity in affiliates’ earnings, net of tax— — — (5)
(Loss) earnings from discontinued operations before income taxes(4)(52)(28)69 
Provision (benefit) for income taxes4 (15)(1)81 
Net loss from discontinued operations attributable to PHINIA$(8)$(37)$(27)$(12)

In connection with the Spin-Off, the Company entered into a transition services agreement through which the Company and PHINIA provided certain services to each other following the Spin-Off. These services were related to information technology, human resources, finance, facilities, procurement, sales, intellectual property and engineering. The Company completed the performance under the transition services agreement during the three months ended September 30, 2024. The combined impact of these services is reported in results of continuing operations in the Condensed Consolidated Financial Statements. During the nine months ended September 30, 2024, the Company provided services at a cost of $7 million to PHINIA and PHINIA provided services at a cost of $2 million to the Company.

The Company incurred $4 million and $28 million of costs relating to the Spin-Off during the three and nine months ended September 30, 2024, respectively. The Company incurred $52 million and $117 million of costs relating to the Spin-Off during the three and nine months ended September 30, 2023, respectively. These costs are reflected within Net loss from discontinued operations in the Company’s Condensed Consolidated Statements of Operations. Spin-Off costs are primarily comprised of professional fees and costs to separate certain operational activities, including costs to separate information technology systems which the Company expects to decrease and ultimately conclude by the end of 2024.