v3.25.3
REPORTABLE SEGMENTS - Schedule of Net sales and expenses by reporting segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information        
Net sales $ 3,591 $ 3,449 $ 10,744 $ 10,647
Cost of sales 2,927 2,813 8,801 8,682
Selling, general and administrative expenses - R&D, net 341 340 973 1,010
Segment Adjusted Operating Income (Loss) 248 270 774 862
Net sales - customers        
Segment Reporting Information        
Net sales 3,591 3,449 10,744 10,647
Net sales - inter-segment        
Segment Reporting Information        
Net sales 0 0 0 0
Operating segments        
Segment Reporting Information        
Segment Adjusted Operating Income (Loss) 444 426 1,299 1,261
Inter-segment eliminations        
Segment Reporting Information        
Net sales (12) (11) (35) (33)
Inter-segment eliminations | Net sales - customers        
Segment Reporting Information        
Net sales 0 0 0 0
Inter-segment eliminations | Net sales - inter-segment        
Segment Reporting Information        
Net sales (12) (11) (35) (33)
Turbos & Thermal Technologies        
Segment Reporting Information        
Net sales 1,436 1,385 4,370 4,472
Turbos & Thermal Technologies | Operating segments        
Segment Reporting Information        
Net sales 1,437 1,386 4,372 4,475
Cost of sales 1,138 1,112 3,470 3,606
Selling, general and administrative expenses - R&D, net 50 45 135 130
Selling, general and administrative expenses - Other 29 25 84 81
Other segment items 1 2 2 4
Segment Adjusted Operating Income (Loss) 219 202 681 654
Turbos & Thermal Technologies | Operating segments | Net sales - customers        
Segment Reporting Information        
Net sales 1,436 1,385 4,370 4,472
Turbos & Thermal Technologies | Operating segments | Net sales - inter-segment        
Segment Reporting Information        
Net sales 1 1 2 3
Drivetrain & Morse Systems        
Segment Reporting Information        
Net sales 1,447 1,362 4,227 4,218
Drivetrain & Morse Systems | Operating segments        
Segment Reporting Information        
Net sales 1,452 1,365 4,242 4,226
Cost of sales 1,137 1,080 3,345 3,347
Selling, general and administrative expenses - R&D, net 34 30 95 87
Selling, general and administrative expenses - Other 18 6 36 24
Other segment items (4) (2) (4) (2)
Segment Adjusted Operating Income (Loss) 267 251 770 770
Drivetrain & Morse Systems | Operating segments | Net sales - customers        
Segment Reporting Information        
Net sales 1,447 1,362 4,227 4,218
Drivetrain & Morse Systems | Operating segments | Net sales - inter-segment        
Segment Reporting Information        
Net sales 5 3 15 8
PowerDrive Systems        
Segment Reporting Information        
Net sales 576 505 1,706 1,390
PowerDrive Systems | Operating segments        
Segment Reporting Information        
Net sales 582 512 1,724 1,412
Cost of sales 498 417 1,500 1,204
Selling, general and administrative expenses - R&D, net 94 99 286 302
Selling, general and administrative expenses - Other 26 19 55 42
Other segment items (1) (4) (6) (6)
Segment Adjusted Operating Income (Loss) (35) (19) (111) (130)
PowerDrive Systems | Operating segments | Net sales - customers        
Segment Reporting Information        
Net sales 576 505 1,706 1,390
PowerDrive Systems | Operating segments | Net sales - inter-segment        
Segment Reporting Information        
Net sales 6 7 18 22
Battery & Charging Systems        
Segment Reporting Information        
Net sales 132 197 441 567
Battery & Charging Systems | Operating segments        
Segment Reporting Information        
Net sales 132 197 441 567
Cost of sales 124 182 425 532
Selling, general and administrative expenses - R&D, net 9 13 30 37
Selling, general and administrative expenses - Other 8 12 28 34
Other segment items (2) (2) (1) (3)
Segment Adjusted Operating Income (Loss) (7) (8) (41) (33)
Battery & Charging Systems | Operating segments | Net sales - customers        
Segment Reporting Information        
Net sales 132 197 441 567
Battery & Charging Systems | Operating segments | Net sales - inter-segment        
Segment Reporting Information        
Net sales $ 0 $ 0 $ 0 $ 0