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OTHER CURRENT AND NON-CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Additional Related Assets
Additional detail related to assets is presented below:
December 31,
(in millions)
20202019
Prepayments and other current assets:
Prepaid tooling$84 $83 
Prepaid taxes64 95 
Customer incentive payments (Note 3)43 37 
Prepaid engineering33 11 
Contract assets (Note 3)16 10 
Other72 40 
Total prepayments and other current assets$312 $276 
Investments and other long-term receivables:
Equity securities (Note 2)$472 $60 
Investment in equity affiliates297 256 
Other long-term receivables51 
Total investments and other long-term receivables$820 $318 
Other non-current assets:
Deferred income taxes$291 $79 
Operating leases (Note 22)211 85 
Customer incentive payments (Note 3)166 180 
Other60 35 
Total other non-current assets$728 $379