v3.26.1
Assets
6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Assets ASSETS
Other current assets consisted of the following:
June 30,
2026
December 31,
2025
(in millions)
Value added tax receivable$202 $113 
Prepaid insurance and other expenses108 105 
Reimbursable engineering costs194 192 
Notes receivable
Income and other taxes receivable88 85 
Deposits to vendors
Derivative financial instruments (Note 13)
44 44 
Capitalized upfront fees (Note 19)
13 
Contract assets (Note 19)
107 68 
Other
Total$766 $627 
Other long-term assets consisted of the following:
June 30,
2026
December 31,
2025
(in millions)
Deferred income taxes, net$1,447 $1,411 
Unamortized Revolving Credit Facility debt issuance costs
Income and other taxes receivable61 64 
Reimbursable engineering costs103 94 
Value added tax receivable— 
Technology investments (Note 20)
67 65 
Derivative financial instruments (Note 13)
12 
Capitalized upfront fees (Note 19)
18 14 
Contract assets (Note 19)
99 92 
Other56 57 
Total$1,865 $1,816