Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of gains and losses on derivative instruments

Financial Statement Presentation

Gains and losses on derivative financial instruments for the years ended December 31, 2021 and 2020 are as follows:

	Amount of Gain (Loss)
	Recorded Income (Loss) in AOCI, net of tax				Reclassified from AOCI into Income (Loss)				Recorded in Income (Loss)
(In millions)	2021		2020		2021		2020		2021		2020
Foreign currency risk – Cost of sales:
Cash flow hedges	—		—		—		—		1		—
Interest rate risk - Interest expense, net:
Net investment hedges	25		(14)		6		5		—		—
Interest rate swap	—		(9)		(6)		(4)		—		—
	$	25	$	(23)	$	—	$	1	$	1	$	—

Summary of percentage of sales and accounts receivable

The following is a summary of the percentage of net sales and accounts receivable from the Company's customers with a percentage of net sales greater than 10 percent:

	Percentage of Total Net Sales						Percentage of Total Accounts Receivable
	December 31,						December 31, 2021		December 31, 2020
	2021		2020		2019
Ford	22	%	22	%	22	%	18	%	13	%
BMW	11	%	11	%	8	%	5	%	8	%