Note 12 - Pension and Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

	Pension Benefits
	2021						2020						2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Interest cost	$	13		$	5		$	21		$	5		$	40		$	8
Expected return on plan assets		(26	)		(2	)		(35	)		(3	)		(51	)		(3	)
Service cost					9						9						8
Amortization of net actuarial loss		9			9			11			9			22			6
Settlement charge														256			3
Curtailment																	(1	)
Net periodic benefit cost (credit)		(4	)		21			(3	)		20			267			21
Recognized in OCI:
Amount due to net actuarial (gains) losses		(4	)		(23	)		(4	)		10			(107	)		33
Reclassification adjustment for net actuarial losses in net periodic benefit cost		(9	)		(9	)		(11	)		(9	)		(278	)		(9	)
Total recognized in OCI		(13	)		(32	)		(15	)		1			(385	)		24
Net recognized in benefit cost (credit) and OCI	$	(17	)	$	(11	)	$	(18	)	$	21		$	(118	)	$	45

	OPEB
	2021						2020				2019
	U.S.			Non-U.S.			U.S.		Non-U.S.		U.S.		Non-U.S.
Interest cost	$	—		$	2		$	—	$	2	$	—	$	3
Service cost					1					1
Amortization of net actuarial gain														(1	)
Net periodic benefit cost		—			3			—		3		—		2
Recognized in OCI:
Amount due to net actuarial (gains) losses		(1	)		(24	)		1		4		1		2
Reclassification adjustment for net actuarial gain in net periodic benefit cost														1
Total recognized in OCI		(1	)		(24	)		1		4		1		3
Net recognized in benefit cost (credit) and OCI	$	(1	)	$	(21	)	$	1	$	7	$	1	$	5

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

	Pension Benefits												OPEB
	2021						2020						2021						2020
	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	$	810		$	438		$	772		$	412		$	4		$	93		$	3	$	88
Interest cost		13			5			21			5						2					2
Service cost					9						9						1					1
Actuarial (gain) loss		(29	)		(25	)		68			10			(1	)		(24	)		1		4
Benefit payments		(49	)		(15	)		(51	)		(13	)					(4	)				(4	)
Settlements					(1	)					(4	)
Deconsolidation of subsidiary											(8	)
Translation adjustments					(27	)					27						1					2
Obligation at end of period	$	745		$	384		$	810		$	438		$	3		$	69		$	4	$	93

	Pension Benefits												OPEB
	2021						2020						2021						2020
	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	$	781		$	69		$	724		$	78		$	—		$	—		$	—		$	—
Actual return on plan assets		1						107			3
Employer contributions					17			1			14						5						4
Benefit payments		(49	)		(15	)		(51	)		(13	)					(4	)					(4	)
Settlements					(1	)					(4	)
Deconsolidation of subsidiary											(8	)
Translation adjustments					(5	)					(1	)
Fair value at end of period	$	733		$	65		$	781		$	69		$	—		$	1		$	—		$	—
Funded status at end of period	$	(12	)	$	(319	)	$	(29	)	$	(369	)	$	(3	)	$	(68	)	$	(4	)	$	(93	)

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

	Pension Benefits												OPEB
	2021						2020						2021						2020
	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	$	14		$	1		$	2		$	1		$	—		$	—		$	—		$	—
Current liabilities					(14	)					(14	)					(5	)					(5	)
Noncurrent liabilities		(26	)		(306	)		(31	)		(356	)		(3	)		(63	)		(4	)		(88	)
Net amount recognized	$	(12	)	$	(319	)	$	(29	)	$	(369	)	$	(3	)	$	(68	)	$	(4	)	$	(93	)

	Pension Benefits										OPEB
	2021					2020					2021					2020
	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)	$	129	$	76		$	142	$	108		$	1	$	(32	)	$	2	$	(8	)
AOCI before tax		129		76			142		108			1		(32	)		2		(8	)
Deferred taxes		19		(22	)		16		(30	)				9					3
Net	$	148	$	54		$	158	$	78		$	1	$	(23	)	$	2	$	(5	)

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

	2021				2020
	U.S.		Non-U.S.		U.S.		Non-U.S.
Plans with fair value of plan assets in excess of obligations:
Accumulated benefit obligation	$	568	$	12	$	16	$	14
Projected benefit obligation		568		12		16		14
Fair value of plan assets		582		13		17		15
Plans with obligations in excess of fair value of plan assets:
Accumulated benefit obligation	$	177	$	344	$	794	$	391
Projected benefit obligation		177		372		794		424
Fair value of plan assets		151		52		764		54

Schedule of Allocation of Plan Assets [Table Text Block]

			Fair Value Measurements at December 31, 2021
			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)	$	31	$	31	$	—	$	—	$	—	$	—	$	—	$	—
U.S. large cap		30								30
EAFE composite		17								17
Emerging markets		10								10
Fixed income securities:
Corporate bonds		556				200				356
U.S. Treasury strips		24				24
Non-U.S. government securities		15				2								13
Emerging market debt		10								10
Alternative investments:
Insurance contracts (c)		57						6								51
Real estate		14								14
Other		1												1
Cash and cash equivalents		33				33
Total	$	798	$	31	$	259	$	6	$	437	$	—	$	14	$	51

			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

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

	2021		2021			2020		2020
	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	$	6	$	52		$	4	$	46
Actual gains relating to assets still held at the reporting date				2			2		4
Purchases, sales and settlements									(2	)
Currency impact				(3	)				4
Fair value at end of period	$	6	$	51		$	6	$	52

Defined Benefit Plan, Assumptions [Table Text Block]

	2021						2020						2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Pension benefit obligations:
Discount rate		2.83	%		1.97	%		2.43	%		1.40	%		3.21	%		1.72	%
Net periodic benefit cost:
Discount rate		1.72	%		1.79	%		2.79	%		2.10	%		3.41	%		2.50	%
Rate of compensation increase		N/A			2.97	%		N/A			3.36	%		N/A			3.28	%
Expected return on plan assets		3.50	%		3.57	%		5.00	%		4.45	%		6.00	%		4.61	%

	2021						2020						2019
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
OPEB benefit obligations:
Discount rate		2.99	%		3.08	%		2.67	%		2.55	%		3.37	%		3.10	%
Net periodic benefit cost:
Discount rate		2.57	%		2.62	%		3.19	%		3.15	%		4.08	%		3.76	%
Initial health care cost trend rate		N/A			2.27	%		N/A			4.64	%		N/A			4.22	%
Ultimate health care cost trend rate		N/A			4.20	%		N/A			5.13	%		N/A			4.93	%
Year ultimate reached		N/A			2032			N/A			2023			N/A			2023

Schedule of Expected Benefit Payments [Table Text Block]

	Pension Benefits				OPEB
Year	U.S.		Non-U.S.		U.S.		Non-U.S.
2022	$	51	$	17	$	—	$	5
2023		50		14				5
2024		49		16				4
2025		49		17				4
2026		48		20				4
2027 to 2031		222		107		1		20
Total	$	469	$	191	$	1	$	42

Multiemployer Plan [Table Text Block]

	Employer	PPA
	Identification	Zone Status		Funding Plan	Contributions by Dana
Pension	Number/			Pending/							Surcharge
Fund	Plan Number	2021	2020	Implemented	2021		2020		2019		Imposed
SPT	23-6648508 / 499	Green	Green	No	$	16	$	14	$	13	No