Note 12 - Pension and Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

	Pension Benefits
	2020						2019						2018
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Interest cost	$	21		$	5		$	40		$	8		$	43		$	7
Expected return on plan assets		(35	)		(3	)		(51	)		(3	)		(71	)		(3	)
Service cost					9						8						7
Amortization of net actuarial loss		11			9			22			6			28			6
Settlement charge								256			3
Curtailment											(1	)
Other																	2
Net periodic benefit cost (credit)		(3	)		20			267			21			—			19
Recognized in OCI:
Amount due to net actuarial (gains) losses		(4	)		10			(107	)		33			11			4
Reclassification adjustment for net actuarial losses in net periodic benefit cost		(11	)		(9	)		(278	)		(9	)		(28	)		(6	)
Curtailment
Other																	(2	)
Total recognized in OCI		(15	)		1			(385	)		24			(17	)		(4	)
Net recognized in benefit cost (credit) and OCI	$	(18	)	$	21		$	(118	)	$	45		$	(17	)	$	15

	OPEB
	2020				2019					2018
	U.S.		Non-U.S.		U.S.		Non-U.S.			Non-U.S.
Interest cost	$	—	$	2	$	—	$	3		$	3
Service cost				1							1
Amortization of net actuarial gain								(1	)
Net periodic benefit cost		—		3		—		2			4
Recognized in OCI:
Amount due to net actuarial (gains) losses		1		4		1		2			(7	)
Reclassification adjustment for net actuarial gain in net periodic benefit cost								1
Total recognized in OCI		1		4		1		3			(7	)
Net recognized in benefit cost (credit) and OCI	$	1	$	7	$	1	$	5		$	(3	)

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

	Pension Benefits												OPEB
	2020						2019						2020					2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.		Non-U.S.			U.S.			Non-U.S.
Reconciliation of benefit obligation:
Obligation at beginning of period	$	772		$	412		$	1,501		$	364		$	3	$	88		$	—		$	83
Interest cost		21			5			40			8					2						3
Service cost					9						8					1
Actuarial loss		68			10			13			41			1		4			1			2
Benefit payments		(51	)		(13	)		(90	)		(14	)				(4	)		(1	)		(4	)
Acquisitions								161			25								3
Settlements					(4	)		(853	)		(13	)
Curtailment											(1	)
Deconsolidation of subsidiary					(8	)
Translation adjustments					27						(6	)				2						4
Obligation at end of period	$	810		$	438		$	772		$	412		$	4	$	93		$	3		$	88

	Pension Benefits												OPEB
	2020						2019						2020						2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Reconciliation of fair value of plan assets:
Fair value at beginning of period	$	724		$	78		$	1,301		$	71		$	—		$	—		$	—		$	—
Actual return on plan assets		107			3			171			11
Employer contributions		1			14			59			17						4			1			4
Benefit payments		(51	)		(13	)		(90	)		(14	)					(4	)		(1	)		(4	)
Settlements					(4	)		(853	)		(13	)
Acquisitions								136			7
Deconsolidation of subsidiary					(8	)
Translation adjustments					(1	)					(1	)
Fair value at end of period	$	781		$	69		$	724		$	78		$	—		$	—		$	—		$	—
Funded status at end of period	$	(29	)	$	(369	)	$	(48	)	$	(334	)	$	(4	)	$	(93	)	$	(3	)	$	(88	)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

	Pension Benefits												OPEB
	2020						2019						2020						2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Amounts recognized in the consolidated balance sheet:
Noncurrent assets	$	2		$	1		$	—		$	4		$	—		$	—		$	—		$	—
Current liabilities					(14	)					(13	)					(5	)					(5	)
Noncurrent liabilities		(31	)		(356	)		(48	)		(325	)		(4	)		(88	)		(3	)		(83	)
Net amount recognized	$	(29	)	$	(369	)	$	(48	)	$	(334	)	$	(4	)	$	(93	)	$	(3	)	$	(88	)

	Pension Benefits										OPEB
	2020					2019					2020					2019
	U.S.		Non-U.S.			U.S.		Non-U.S.			U.S.		Non-U.S.			U.S.		Non-U.S.
Amounts recognized in AOCI:
Net actuarial loss (gain)	$	142	$	108		$	157	$	108		$	2	$	(8	)	$	1	$	(12	)
AOCI before tax		142		108			157		108			2		(8	)		1		(12	)
Deferred taxes		16		(30	)		13		(28	)				3					4
Net	$	158	$	78		$	170	$	80		$	2	$	(5	)	$	1	$	(8	)

Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]

	2020				2019
	U.S.		Non-U.S.		U.S.		Non-U.S.
Plans with fair value of plan assets in excess of obligations:
Accumulated benefit obligation	$	16	$	14	$	15	$	17
Projected benefit obligation		16		14		15		17
Fair value of plan assets		17		15		16		21
Plans with obligations in excess of fair value of plan assets:
Accumulated benefit obligation	$	794	$	391	$	757	$	363
Projected benefit obligation		794		424		757		395
Fair value of plan assets		764		54		708		57

Schedule of Allocation of Plan Assets [Table Text Block]

			Fair Value Measurements at December 31, 2020
			U.S.								Non-U.S.
Asset Category	Total		Level 1		Level 2		Level 3		NAV (a)		Level 1		Level 2		Level 3
Equity securities:
U.S. all cap (b)	$	40	$	40	$	—	$	—	$	—	$	—	$	—	$	—
U.S. large cap		36								36
EAFE composite		23								23
Emerging markets		16								16
Fixed income securities:
Corporate bonds		572				189				383
U.S. Treasury strips		22				22
Non-U.S. government securities		16				1								15
Emerging market debt		12								12
Alternative investments:
Insurance contracts (c)		58						6								52
Real estate		18								18
Other		2												2
Cash and cash equivalents		35				35
Total	$	850	$	40	$	247	$	6	$	488	$	—	$	17	$	52

			Fair Value Measurements at December 31, 2019
			U.S.								Non-U.S.
Asset Category	Total		Level 1		Level 2		Level 3		NAV (a)		Level 1		Level 2		Level 3
Equity securities:
U.S. all cap (b)	$	39	$	39	$	—	$	—	$	—	$	—	$	—	$	—
U.S. large cap		28								28
EAFE composite		19								19
Emerging markets		9								9
Fixed income securities:
Corporate bonds		492				186				306
U.S. Treasury strips		37				37
Non-U.S. government securities		21												21
Emerging market debt		11								11
Alternative investments:
Insurance contracts (c)		50						4								46
Real estate		20								20
Other		11												11
Cash and cash equivalents		65				65
Total	$	802	$	39	$	288	$	4	$	393	$	—	$	32	$	46

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]

	2020		2020			2019		2019
	U.S.		Non-U.S.			U.S.		Non-U.S.
	Insurance		Insurance			Insurance		Insurance
Reconciliation of Level 3 Assets	Contracts		Contracts			Contracts		Contracts
Fair value at beginning of period	$	4	$	46		$	—	$	35
Actual gains relating to assets still held at the reporting date		2		4					7
Purchases, sales and settlements				(2	)		4		5
Currency impact				4					(1	)
Fair value at end of period	$	6	$	52		$	4	$	46

Defined Benefit Plan, Assumptions [Table Text Block]

	2020						2019						2018
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Pension benefit obligations:
Discount rate		2.43	%		1.40	%		3.21	%		1.72	%		4.22	%		2.42	%
Net periodic benefit cost:
Discount rate		2.79	%		2.10	%		3.41	%		2.50	%		2.56	%		2.54	%
Rate of compensation increase		N/A			3.36	%		N/A			3.28	%		N/A			3.21	%
Expected return on plan assets		5.00	%		4.45	%		6.00	%		4.61	%		6.00	%		4.66	%

	2020						2019						2018
	U.S.			Non-U.S.			U.S.			Non-U.S.			Non-U.S.
OPEB benefit obligations:
Discount rate		2.67	%		2.55	%		3.37	%		3.10	%		3.71	%
Net periodic benefit cost:
Discount rate		3.19	%		3.15	%		4.08	%		3.76	%		3.42	%
Initial health care cost trend rate		N/A			4.64	%		N/A			4.22	%		4.12	%
Ultimate health care cost trend rate		N/A			5.13	%		N/A			4.93	%		5.10	%
Year ultimate reached		N/A			2023			N/A			2023			2023

Schedule of Expected Benefit Payments [Table Text Block]

	Pension Benefits				OPEB
Year	U.S.		Non-U.S.		U.S.		Non-U.S.
2021	$	51	$	17	$	—	$	5
2022		51		16				5
2023		50		16				5
2024		50		20				5
2025		49		17				5
2026 to 2030		229		109		1		24
Total	$	480	$	195	$	1	$	49

Multiemployer Plan [Table Text Block]

	Employer	PPA
	Identification	Zone Status		Funding Plan	Contributions by Dana
Pension	Number/			Pending/							Surcharge
Fund	Plan Number	2020	2019	Implemented	2020		2019		2018		Imposed
SPT	23-6648508 / 499	Green	Green	No	$	14	$	13	$	12	No