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OTHER OPERATING EXPENSE, NET
 3 Months Ended
Mar. 31, 2025
Other Income and Expenses [Abstract]  
OTHER OPERATING EXPENSE, NET OTHER OPERATING EXPENSE, NET
Items included in Other operating expense, net consist of:
Three Months Ended March 31,
(in millions)
20252024
Costs to exit charging business$19 $— 
Merger and acquisition expense, net2 2 
Loss on sale of businesses1 — 
Adjustments associated with Spin-Off related balances(3)— 
Other income, net(2)(1)
Other operating expense, net$17 $1 

Costs to exit charging business: During the three months ended March 31, 2025, the Company recorded charges of $19 million related to the planned exit of its charging business within the Battery & Charging Systems reportable segment. Refer to Note 3, “Acquisitions and Dispositions” and Note 11, “Goodwill And Other Intangibles,” to the Condensed Consolidated Financial Statements for more information.

Merger and acquisition expense, net: During the three months ended March 31, 2025 and 2024, the Company recorded merger and acquisition expense, net of $2 million in both periods, primarily related to professional fees associated with specific acquisition initiatives.

Adjustments associated with Spin-Off related balances: During the three months ended March 31, 2025, the Company recorded income of $3 million, primarily for adjustments to net amounts owed to the Company related to the tax matters agreement between the Company and PHINIA.