OTHER ASSETS (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Prepayments and other current assets:
Prepaid tooling	$ 86	$ 89
Derivative instruments	53	32
Prepaid taxes	49	38
Customer incentive payments (Note 4)	26	27
Contract assets (Note 4)	16	18
Prepaid insurance	7	10
Other	61	47
Total prepayments and other current assets	298	261
Investments and long-term receivables:
Investment in equity affiliates	241	237
Investment in equity securities	69	71
Long-term receivables	55	56
Total investments and long-term receivables	365	364
Other non-current assets:
Deferred income taxes	256	257
Operating leases	137	143
Customer incentive payments (Note 4)	47	58
Derivative instruments	37	15
Other	40	39
Total other non-current assets	$ 517	$ 512