v3.25.2
OPERATING CASH FLOW AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION
 6 Months Ended
Jun. 30, 2025
Supplemental Cash Flow Elements [Abstract]  
OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION OPERATING CASH FLOW AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION
Six Months Ended June 30,
(in millions)20252024
OPERATING
Net earnings$72 $43 
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and tooling amortization62 67 
Intangible asset amortization14 14 
Restructuring expense, net of cash paid1 5 
Loss on extinguishment of debt— 20 
Stock-based compensation expense8 8 
Deferred income tax (benefit) expense(3)7 
Other non-cash adjustments, net(7)(2)
Changes in assets and liabilities, excluding foreign currency translation adjustments:
Receivables(39)19 
Inventories(28)4 
Prepayments and other current assets(7)(11)
Accounts payable and other current liabilities23 (23)
Prepaid taxes and income taxes payable(11)6 
Other assets and liabilities14 (16)
Retirement benefit plan contributions(2)(1)
Net cash provided by operating activities$97 $140 
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid during the year for:
Interest, net$29 $17 
Income taxes, net of refunds$40 $27