Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table details the changes in the carrying amount of goodwill:

	Engine Products		Fastening Systems		Engineered Structures		Forged Wheels		Total
Balances at December 31, 2021
Goodwill	$	2,868	$	1,611	$	306	$	7	$	4,792
Accumulated impairment losses	(719)		(4)		(2)		—		(725)
Goodwill, net	2,149		1,607		304		7		4,067
Translation and other	(38)		(16)		—		—		(54)
Balances at December 31, 2022
Goodwill	2,830		1,595		306		7		4,738
Accumulated impairment losses	(719)		(4)		(2)		—		(725)
Goodwill, net	2,111		1,591		304		7		4,013
Translation and other	13		9		—		—		22
Balances at December 31, 2023
Goodwill	2,843		1,604		306		7		4,760
Accumulated impairment losses	(719)		(4)		(2)		—		(725)
Goodwill, net	$	2,124	$	1,600	$	304	$	7	$	4,035

Schedule of Other Intangible Assets

Other intangible assets were as follows:

December 31, 2023	Gross carrying amount		Accumulated amortization		Intangibles, net
Computer software	$	217	$	(182)	$	35
Patents and licenses	67		(66)		1
Other intangibles	683		(246)		437
Total amortizable intangible assets	967		(494)		473
Indefinite-lived trade names and trademarks	32		—		32
Total intangible assets, net	$	999	$	(494)	$	505

December 31, 2022	Gross carrying amount		Accumulated amortization		Intangibles, net
Computer software	$	204	$	(173)	$	31
Patents and licenses	67		(66)		1
Other intangibles	678		(221)		457
Total amortizable intangible assets	949		(460)		489
Indefinite-lived trade names and trademarks	32		—		32
Total intangible assets, net	$	981	$	(460)	$	521