Assets

6 Months Ended

Jun. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

5. ASSETS

Other current assets consisted of the following:


			June 30, 2026						December 31, 2025
			(in millions)
Value added tax receivable			$	104					$	65

Derivative financial instruments (Note 16)			96						—
Notes receivable			51						—
Income and other taxes receivable			34						40
Prepaid insurance and other expenses			31						31
Reimbursable engineering costs			12						12

Capitalized upfront fees (Note 20)			5						7

Other			4						3
Total			$	337					$	158

Other long-term assets consisted of the following:


			June 30, 2026						December 31, 2025
			(in millions)

Capitalized upfront fees (Note 20)			$	25					$	26
Derivative financial instruments (Note 16)			20						—
Reimbursable engineering costs			19						20


Debt issuance costs			9						—
Deposits to vendors			5						5
Income and other taxes receivable			3						19

Other			47						39
Total			$	128					$	109