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OTHER ASSETS (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Prepayments and other current assets:    
Prepaid tooling $ 113 $ 89
Prepaid taxes 42 38
Customer incentive payments (Note 4) 25 27
Derivative instruments 10 32
Contract assets (Note 4) 16 18
Other 69 57
Total prepayments and other current assets 275 261
Investments and long-term receivables:    
Investment in equity affiliates 242 237
Investment in equity securities 70 71
Long-term receivables 38 56
Total investments and long-term receivables 350 364
Other non-current assets:    
Deferred income taxes 333 257
Operating leases 142 143
Derivative instruments 24 15
Customer incentive payments (Note 4) 32 58
Other 45 39
Total other non-current assets $ 576 $ 512