v3.25.2
Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Current Assets
Other current assets consisted of the following:
June 30,
2025		December 31,
2024
 (in millions)
Value added tax receivable$180 $184 
Prepaid insurance and other expenses124 97 
Reimbursable engineering costs177 181 
Notes receivable5 6 
Income and other taxes receivable104 106 
Deposits to vendors8 4 
Derivative financial instruments (Note 14)43 18 
Capitalized upfront fees (Note 20)11 10 
Contract assets (Note 20)74 65 
Other6 — 
Total$732 $671 
Schedule of Other Assets, Noncurrent
Other long-term assets consisted of the following:
June 30,
2025		December 31,
2024
 (in millions)
Deferred income taxes, net$1,967 $2,281 
Unamortized Revolving Credit Facility debt issuance costs7 4 
Income and other taxes receivable50 47 
Reimbursable engineering costs141 124 
Value added tax receivable2 2 
Technology investments (Note 21)230 178 
Derivative financial instruments (Note 14)11 1 
Capitalized upfront fees (Note 20)38 43 
Contract assets (Note 20)82 65 
Other110 97 
Total$2,638 $2,842