v3.25.4
OTHER CURRENT AND NON-CURRENT ASSETS (Tables)
 12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Additional Related Assets
Additional detail related to assets is presented below:
December 31,
(in millions)
20252024
Prepayments and other current assets:
Prepaid tooling$109 $107 
Prepaid taxes105 98 
Derivative instruments18 19 
Contract assets (Note 3)15 15 
Prepaid insurance11 11 
Other55 83 
Total prepayments and other current assets$313 $333 
Investments and long-term receivables:
Investment in equity affiliates$251 $245 
Investment in equity securities59 70 
Long-term receivables47 41 
Total investments and long-term receivables$357 $356 
Other non-current assets:
Deferred income taxes (Note 7)$556 $359 
Operating leases (Note 22)151 177 
Derivative instruments27 89 
Customer incentive payments (Note 3)22 23 
Other82 62 
Total other non-current assets$838 $710