v3.23.3
OTHER CURRENT AND NON-CURRENT ASSETS (Tables)
 9 Months Ended
Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Additional Related Assets
Additional detail related to assets is presented below:
September 30,December 31,
(in millions)
20232022
Prepayments and other current assets:
Prepaid tooling$99 $77 
Prepaid taxes40 33 
Derivative instruments34 12 
Customer incentive payments (Note 4)27 34 
Contract assets (Note 4)16 14 
Other56 60 
Total prepayments and other current assets$272 $230 
Investments and long-term receivables:
Investment in debt securities$262 $455 
Investment in equity affiliates232 235 
Equity securities73 73 
Long-term receivables57 56 
Total investments and long-term receivables$624 $819 
Other non-current assets:
Deferred income taxes$193 $179 
Operating leases128 106 
Derivative instruments83 68 
Customer incentive payments (Note 4)75 99 
Other39 37 
Total other non-current assets$518 $489