REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Sales

The following table provides disaggregated sales by lines of businesses, geographic destination, market channel or end market, as applicable, for the Company's operating segments:

	Three months ended March 31
(In millions)	2023		2022
Electrical Americas
Products	$	716	$	603
Systems	1,578		1,288
Total	$	2,294	$	1,891
Electrical Global
Products	$	882	$	876
Systems	618		561
Total	$	1,500	$	1,437
Aerospace
Original Equipment Manufacturers	$	314	$	293
Aftermarket	264		221
Industrial and Other	225		204
Total	$	803	$	718
Vehicle
Commercial	$	448	$	402
Passenger and Light Duty	291		269
Total	$	739	$	671
eMobility	$	147	$	126
Total net sales	$	5,483	$	4,843

Schedule of Changes in Deferred Revenue Liabilities

Changes in the deferred revenue liabilities are as follows:

(In millions)	Deferred Revenue
Balance at January 1, 2023	$	508
Customer deposits and billings	514
Revenue recognized in the period	(421)
Translation	4
Balance at March 31, 2023	$	605

(In millions)	Deferred Revenue
Balance at January 1, 2022	$	422
Customer deposits and billings	342
Revenue recognized in the period	(334)
Translation	(2)
Balance at March 31, 2022	$	428