v3.25.2
Segment Information - Operating Results of Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Sales $ 2,053 $ 1,880 $ 3,995 $ 3,704  
Provision for depreciation and amortization 69 69 138 136  
Restructuring and other charges (credits) 0 22 (4) 22  
Capital expenditures 102 55 221 137  
Total assets 11,046   11,046   $ 10,519
Engine Products          
Segment Reporting Information [Line Items]          
Sales 1,056 933 2,052 1,818  
Fastening Systems          
Segment Reporting Information [Line Items]          
Sales 431 394 843 783  
Engineered Structures          
Segment Reporting Information [Line Items]          
Sales 290 275 572 537  
Forged Wheels          
Segment Reporting Information [Line Items]          
Sales 276 278 528 566  
Inter-segment sales          
Segment Reporting Information [Line Items]          
Sales 5 4 10 7  
Inter-segment sales | Engine Products          
Segment Reporting Information [Line Items]          
Sales 2 1 4 3  
Inter-segment sales | Fastening Systems          
Segment Reporting Information [Line Items]          
Sales 0 0 0 0  
Inter-segment sales | Engineered Structures          
Segment Reporting Information [Line Items]          
Sales 3 3 6 4  
Inter-segment sales | Forged Wheels          
Segment Reporting Information [Line Items]          
Sales 0 0 0 0  
Total segment          
Segment Reporting Information [Line Items]          
Sales 2,058 1,884 4,005 3,711  
Segment Adjusted cost of goods sold 1,369 1,303 2,664 2,592  
Other segment items 76 73 148 151  
Segment Adjusted EBITDA 613 508 1,193 968  
Provision for depreciation and amortization 67 67 135 132  
Restructuring and other charges (credits) 0 20 (4) 20  
Capital expenditures 98 52 214 132  
Total assets 10,421 9,917 10,421 9,917  
Total segment | Engine Products          
Segment Reporting Information [Line Items]          
Sales 1,058 934 2,056 1,821  
Segment Adjusted cost of goods sold 682 618 1,330 1,228  
Other segment items 27 24 52 52  
Segment Adjusted EBITDA 349 292 674 541  
Provision for depreciation and amortization 35 33 69 66  
Restructuring and other charges (credits) 0 (1) 0 (1)  
Capital expenditures 75 33 161 88  
Total assets 5,512 5,038 5,512 5,038  
Total segment | Fastening Systems          
Segment Reporting Information [Line Items]          
Sales 431 394 843 783  
Segment Adjusted cost of goods sold 276 265 532 533  
Other segment items 29 28 58 57  
Segment Adjusted EBITDA 126 101 253 193  
Provision for depreciation and amortization 12 13 24 24  
Restructuring and other charges (credits) 1 2 1 2  
Capital expenditures 9 5 19 12  
Total assets 2,787 2,738 2,787 2,738  
Total segment | Engineered Structures          
Segment Reporting Information [Line Items]          
Sales 293 278 578 541  
Segment Adjusted cost of goods sold 222 228 439 444  
Other segment items 9 10 17 20  
Segment Adjusted EBITDA 62 40 122 77  
Provision for depreciation and amortization 10 11 22 22  
Restructuring and other charges (credits) 0 18 (4) 18  
Capital expenditures 6 5 11 11  
Total assets 1,374 1,405 1,374 1,405  
Total segment | Forged Wheels          
Segment Reporting Information [Line Items]          
Sales 276 278 528 566  
Segment Adjusted cost of goods sold 189 192 363 387  
Other segment items 11 11 21 22  
Segment Adjusted EBITDA 76 75 144 157  
Provision for depreciation and amortization 10 10 20 20  
Restructuring and other charges (credits) (1) 1 (1) 1  
Capital expenditures 8 9 23 21  
Total assets $ 748 $ 736 $ 748 $ 736