v3.25.3
REPORTABLE SEGMENTS - Schedule of Earnings before interest and income taxes (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) $ 248 $ 270 $ 774 $ 862  
Corporate, including stock-based compensation     52 46  
Accelerated depreciation 60 27 81 35  
Restructuring expense (Note 5) 23 21 71 65  
Intangible asset amortization expense 16 17 49 51  
Impairment charges 0 0 42 0  
Legal settlement 38 0 38 0  
Costs to exit charging business 0 0 32 0  
Chief Executive Office ("CEO") transition compensation 5 0 11 0  
Write-off of customer incentive asset (Note 4) 0 0   0  
Adjustments associated with Spin-Off related balances 8 3 7 14  
Loss on sale of assets 1 0 6 0  
Merger and acquisition expense, net 2 (5) 4 0  
Loss on sale of businesses 1 6 2 3  
Collective bargaining agreement ratification bonus 0 4 0 4  
Commercial contract settlement 0 0 0 15  
Insurance recovery (Note 12) (21) 0 (21) 0  
Other non-comparable items 4 7 7 16  
Equity in affiliates’ earnings, net of tax (11) (6) (29) (23)  
Unrealized gain on equity securities (1) (2) (2) 0  
Interest expense, net 9 4 33    
Other postretirement expense 3 4 8 10  
Earnings from continuing operations before income taxes and noncontrolling interest 248 270 764 858  
Depreciation and amortization 219 185 553 495  
Long-lived asset expenditures 111 155 307 510  
Total assets 14,496   14,496   $ 13,993
Operating segments          
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) 444 426 1,299 1,261  
Depreciation and amortization 209 178 529 473  
Long-lived asset expenditures 109 155 299 500  
Total assets 11,741   11,741   11,439
Corporate          
Segment Reporting Information          
Corporate, including stock-based compensation 59 76 189 196  
Depreciation and amortization 10 7 24 22  
Long-lived asset expenditures 2 0 8 10  
Total assets 2,755   2,755   2,554
Turbos & Thermal Technologies | Operating segments          
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) 219 202 681 654  
Depreciation and amortization 43 44 125 131  
Long-lived asset expenditures 46 50 115 131  
Total assets 3,960   3,960   3,693
Drivetrain & Morse Systems | Operating segments          
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) 267 251 770 770  
Depreciation and amortization 47 74 166 182  
Long-lived asset expenditures 26 29 67 88  
Total assets 3,953   3,953   3,872
PowerDrive Systems | Operating segments          
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) (35) (19) (111) (130)  
Depreciation and amortization 44 44 132 121  
Long-lived asset expenditures 33 54 101 208  
Total assets 2,883   2,883   2,792
Battery & Charging Systems          
Segment Reporting Information          
Impairment charges     22    
Costs to exit charging business     32    
Battery & Charging Systems | Operating segments          
Segment Reporting Information          
Segment Adjusted Operating Income (Loss) (7) (8) (41) (33)  
Depreciation and amortization 75 16 106 39  
Long-lived asset expenditures 4 $ 22 16 $ 73  
Total assets $ 945   $ 945   $ 1,082