v3.25.3
OTHER ASSETS
 9 Months Ended
Sep. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Additional detail related to assets is presented below:
September 30,December 31,
(in millions)
20252024
Prepayments and other current assets:
Prepaid tooling$119 $107 
Prepaid taxes89 98 
Contract assets (Note 4)15 15 
Derivative instruments15 19 
Prepaid insurance13 11 
Customer incentive payments (Note 4)11 22 
Other53 61 
Total prepayments and other current assets$315 $333 
Investments and long-term receivables:
Investment in equity affiliates$255 $245 
Long-term receivables78 41 
Investment in equity securities74 70 
Total investments and long-term receivables$407 $356 
Other non-current assets:
Deferred income taxes$507 $359 
Operating leases152 177 
Derivative instruments20 89 
Customer incentive payments (Note 4)11 23 
Other71 62 
Total other non-current assets$761 $710