Revenue Recognition and Contracts with Customers

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenue Recognition and Contracts with Customers

Note 3. Revenue Recognition and Contracts with Customers

Disaggregated Revenue

Net sales by region (determined based on country of shipment) and channel are as follows:

	Three Months Ended March 31, 2022
	OEM		Aftermarket		Other		Total
	(Dollars in millions)
United States	$	102	$	51	$	—	$	153
Europe	406		38		7		451
Asia	266		10		6		282
Other International	9		6		—		15
	$	783	$	105	$	13	$	901
	Three Months Ended March 31, 2021
	OEM		Aftermarket		Other		Total
	(Dollars in millions)
United States	$	100	$	36	$	2	$	138
Europe	481		39		8		528
Asia	302		10		7		319
Other International	6		6		—		12
	$	889	$	91	$	17	$	997

Contract Balances

The following table summarizes our contract assets and liabilities balances:

	2022		2021
	(Dollars in millions)
Contract assets—January 1	$	63	$	61
Contract assets—March 31	60		65
Change in contract assets—(Decrease)/Increase	$	(3)	$	4
Contract liabilities—January 1	$	(5)	$	(2)
Contract liabilities—March 31	(9)		(1)
Change in contract liabilities—(Increase)/Decrease	$	(4)	$	1