v3.25.2
Segment Reporting Reconciliation of Sales and Operating Data (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 16, 2025
May 30, 2025
May 16, 2024
May 02, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]                  
Net sales         $ 5,208 $ 5,051 $ 10,033 $ 9,952  
Depreciation and amortization         250 248 492 478  
Adjusted operating income         628 606 1,200 1,150  
Operating income         486 441 934 860  
Net gain on equity method transactions $ 13 $ 33 $ 550 $ 91 46 641 46 641 $ 641
Equity income (loss), net of tax         (11) (34) (21) (103)  
Net income attributable to noncontrolling interest         5 5 6 11  
Net loss attributable to redeemable noncontrolling interest         (1) 0 (2) 0  
Revenue from Contract with Customer, Excluding Assessed Tax         5,208 5,051 10,033 9,952  
Cost of Goods and Services Sold         (4,211) (4,083) (8,116) (8,106)  
Selling, General and Administrative Expense         (406) (405) (790) (771)  
Segment Reporting, Other Segment Item, Amount         37 43 73 75  
Segment, Expenditure, Addition to Long-Lived Assets         149 226 346 491  
Amortization of Intangible Assets         (53) (52) (104) (106)  
Restructuring         (52) (70) (89) (109)  
Other acquisition and portfolio project costs         (6) (25) (13) (53)  
Asset Impairment Charges         (4) (14) (9) (14)  
Compensation expense related to acquisitions         (4) (4) (9) (8)  
Advanced Safety and User Experience                  
Segment Reporting Information [Line Items]                  
Restructuring         (10) (16) (16) (33)  
Engineered Components Group                  
Segment Reporting Information [Line Items]                  
Restructuring         (17) (19) (32) (26)  
Electrical Distribution Systems                  
Segment Reporting Information [Line Items]                  
Restructuring         (25) (35) (41) (50)  
Operating Segments | Advanced Safety and User Experience                  
Segment Reporting Information [Line Items]                  
Net sales         1,507 1,554 2,931 2,983  
Depreciation and amortization         73 86 146 155  
Adjusted operating income         178 170 333 325  
Net gain on equity method transactions         46 641 46 641  
Equity income (loss), net of tax         (14) (38) (29) (111)  
Net income attributable to noncontrolling interest         0 0 0 0  
Net loss attributable to redeemable noncontrolling interest         0   0    
Revenue from Contract with Customer, Excluding Assessed Tax         1,503 1,554 2,924 2,982  
Cost of Goods and Services Sold         1,218 1,272 2,383 2,451  
Selling, General and Administrative Expense         114 138 226 246  
Segment Reporting, Other Segment Item, Amount         3 26 11 39  
Segment, Expenditure, Addition to Long-Lived Assets         33 65 74 120  
Amortization of Intangible Assets         (22) (21) (44) (44)  
Restructuring         (10) (16) (16) (33)  
Other acquisition and portfolio project costs         (4) (8) (7) (17)  
Asset Impairment Charges         0 (14) 0 (14)  
Compensation expense related to acquisitions         (4) (4) (9) (8)  
Operating Segments | Engineered Components Group                  
Segment Reporting Information [Line Items]                  
Net sales         1,723 1,626 3,304 3,222  
Depreciation and amortization         113 106 225 209  
Adjusted operating income         287 298 561 551  
Net gain on equity method transactions         0 0 0 0  
Equity income (loss), net of tax         0 0 0 0  
Net income attributable to noncontrolling interest         0 0 0 0  
Net loss attributable to redeemable noncontrolling interest         (1)   (2)    
Revenue from Contract with Customer, Excluding Assessed Tax         1,499 1,433 2,880 2,826  
Cost of Goods and Services Sold         1,277 1,183 2,443 2,383  
Selling, General and Administrative Expense         160 153 308 304  
Segment Reporting, Other Segment Item, Amount         1 8 8 16  
Segment, Expenditure, Addition to Long-Lived Assets         61 88 182 213  
Amortization of Intangible Assets         (30) (31) (59) (61)  
Restructuring         (17) (19) (32) (26)  
Other acquisition and portfolio project costs         0 (8) (2) (16)  
Asset Impairment Charges         (1) 0 (6) 0  
Compensation expense related to acquisitions         0 0 0 0  
Operating Segments | Electrical Distribution Systems                  
Segment Reporting Information [Line Items]                  
Net sales         2,206 2,065 4,230 4,146  
Depreciation and amortization         64 56 121 114  
Adjusted operating income         163 138 306 274  
Net gain on equity method transactions         0 0 0 0  
Equity income (loss), net of tax         3 4 8 8  
Net income attributable to noncontrolling interest         5 5 6 11  
Net loss attributable to redeemable noncontrolling interest         0   0    
Revenue from Contract with Customer, Excluding Assessed Tax         2,206 2,064 4,229 4,144  
Cost of Goods and Services Sold         1,944 1,822 3,722 3,671  
Selling, General and Administrative Expense         132 114 256 221  
Segment Reporting, Other Segment Item, Amount         33 9 54 20  
Segment, Expenditure, Addition to Long-Lived Assets         51 64 79 131  
Amortization of Intangible Assets         (1) 0 (1) (1)  
Restructuring         (25) (35) (41) (50)  
Other acquisition and portfolio project costs         (2) (9) (4) (20)  
Asset Impairment Charges         (3) 0 (3) 0  
Compensation expense related to acquisitions         0 0 0 0  
Intersegment Eliminations                  
Segment Reporting Information [Line Items]                  
Net sales         (228) (194) (432) (399)  
Depreciation and amortization         0 0 0 0  
Adjusted operating income         0 0 0 0  
Net gain on equity method transactions         0 0 0 0  
Equity income (loss), net of tax         0 0 0 0  
Net income attributable to noncontrolling interest         0 0 0 0  
Net loss attributable to redeemable noncontrolling interest         0   0    
Revenue from Contract with Customer, Excluding Assessed Tax         0 0 0 0  
Cost of Goods and Services Sold         (228) (194) (432) (399)  
Selling, General and Administrative Expense         0 0 0 0  
Segment Reporting, Other Segment Item, Amount         0 0 0 0  
Segment, Expenditure, Addition to Long-Lived Assets         4 9 11 27  
Intersegment Eliminations | Advanced Safety and User Experience                  
Segment Reporting Information [Line Items]                  
Net sales         4 0 7 1  
Intersegment Eliminations | Engineered Components Group                  
Segment Reporting Information [Line Items]                  
Net sales         224 193 424 396  
Intersegment Eliminations | Electrical Distribution Systems                  
Segment Reporting Information [Line Items]                  
Net sales         0 1 1 2  
Intersegment Eliminations | Corporate and Eliminations                  
Segment Reporting Information [Line Items]                  
Net sales         (228) (194) (432) (399)  
Corporate and Eliminations                  
Segment Reporting Information [Line Items]                  
Net sales         $ 0 $ 0 $ 0 $ 0