v3.26.3
Note 17 - Segments (Tables)
9 Months Ended
Sep. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

Light

  

Commercial

         

Three Months Ended September 30, 2026

 

Vehicle

  

Vehicle

  

Corporate

  

Total

 

External sales

 $1,371  $667      $2,038 

Inter-segment sales

  34   21       55 
   1,405   688       2,093 

Reconciliation of sales

                

Elimination of inter-segment sales

              (55)

Total consolidated sales

             $2,038 

Less:

                

Cost of sales

  1,223   583         

Selling, general and administrative expenses

  39   36         

Other segment items (a)

  8   —         

Segment EBITDA

 $151  $69      $220 
                 

Purchases of property, plant and equipment

 $53  $11  $6  $70 

Segment net assets (b) - September 30, 2026

 $541  $500  $(73) $968 
  

Light

  

Commercial

         

Three Months Ended September 30, 2025

 

Vehicle

  

Vehicle

  

Corporate

  

Total

 

External sales

 $1,353  $564      $1,917 

Inter-segment sales

  33   20       53 
   1,386   584       1,970 

Reconciliation of sales

                

Elimination of inter-segment sales

              (53)

Total consolidated sales

             $1,917 

Less:

                

Cost of sales

  1,214   500         

Selling, general and administrative expenses

  37   32         

Other segment items (a)

  (9)  (1)        

Segment EBITDA

 $126  $51      $177 
                 

Purchases of property, plant and equipment

 $34  $13  $2  $49 

Segment net assets (b) - December 31, 2025

 $465  $471  $(88) $848 
  

Light

  

Commercial

         

Nine Months Ended September 30, 2026

 

Vehicle

  

Vehicle

  

Corporate

  

Total

 

External sales

 $4,019  $1,897      $5,916 

Inter-segment sales

  86   53       139 
   4,105   1,950       6,055 

Reconciliation of sales

                

Elimination of inter-segment sales

              (139)

Total consolidated sales

             $5,916 

Less:

                

Cost of sales

  3,582   1,634         

Selling, general and administrative expenses

  118   110         

Other segment items (a)

  1   (6)        

Segment EBITDA

 $406  $200      $606 
                 

Purchases of property, plant and equipment

 $142  $119  $13  $274 
  

Light

  

Commercial

         

Nine Months Ended September 30, 2025

 

Vehicle

  

Vehicle

  

Corporate

  

Total

 

External sales

 $3,901  $1,732      $5,633 

Inter-segment sales

  104   62       166 
   4,005   1,794       5,799 

Reconciliation of sales

                

Elimination of inter-segment sales

              (166)

Total consolidated sales

             $5,633 

Less:

                

Cost of sales

  3,570   1,552         

Selling, general and administrative expenses

  122   101         

Other segment items (a)

  (7)  (2)        

Segment EBITDA

 $306  $139      $445 
                 

Purchases of property, plant and equipment

 $113  $29  $11  $153 
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  

September 30,

  

September 30,

 
  

2026

  

2025

  

2026

  

2025

 

Segment EBITDA

 $220  $177  $606  $445 

Corporate expense and other items, net

  (2)  (15)  (10)  (43)

Depreciation

  (84)  (86)  (250)  (257)

Amortization

  (2)  (3)  (7)  (9)

Non-service cost components of pension and OPEB costs

      (3)  (4)  (7)

Restructuring charges, net

  (5)  (4)  (20)  (17)

Stock compensation expense

  (9)  (8)  (28)  (31)

Strategic transaction expenses

  (20)  (6)  (40)  (12)

Loss on sale of property, plant and equipment

      (1)        

Supplier capacity charge adjustment

      2       21 

Amounts attributable to previously closed/divested operations

          (1)    

Distressed supplier costs

          (2)    

Loss on divestiture of ownership interests

          (8)  (7)

Electric vehicle program termination charges

  (1)      (65)    

Foreign exchange gain (loss) on unhedged intercompany loans

  (4)      19     

Other items

  (1)      (3)  (6)

Earnings from continuing operations before interest and income taxes

  92   53   187   77 

Loss on extinguishment of debt

  (24)      (31)    

Interest income

  4   3   14   8 

Interest expense

  20   47   63   130 

Earnings (loss) from continuing operations before income taxes

 $52  $9  $107  $(45)
Segment Reporting, Reconciliation of Asset by Segment to Consolidated [Table Text Block]
  September 30,   December 31, 
  

2026

  

2025

 

Segment net assets

 $968  $848 

Accounts payable

  1,317   1,154 

Cash and cash equivalents

  321   469 

Accounts receivable - Other

  314   254 

Other current assets

  228   114 

Current assets of disposal group held for sale

  37   1,029 

Intangibles

  56   71 

Deferred tax assets

  500   534 

Other noncurrent assets

  133   102 

Investment in affiliates

  114   102 

Operating lease assets

  166   305 

Property, plant and equipment, net

  1,916   1,872 

Noncurrent assets of disposal group held for sale

  8   954 

Total assets

 $6,078  $7,808