v3.24.2
Other Assets
 6 Months Ended
Jun. 30, 2024
Other Assets [Abstract]  
Other Assets Other Assets
Other current assets are comprised of the following components:
June 30,December 31,
(In millions)20242023
 Recoverable taxes
$50 $51 
 Contractually reimbursable engineering costs
30 33 
 Joint venture receivables
18 19 
 Prepaid assets and deposits
18 24 
Joint venture loan receivable5 — 
Contractual payments2 3 
 Other
4 4 
$127 $134 


Other non-current assets are comprised of the following components:
June 30,December 31,
(In millions)20242023
Contractual payments$25 $22 
Contractually reimbursable engineering costs18 21 
Recoverable taxes9 10 
Derivative financial instruments9 1 
 Other
22 21 
$83 $75 
Current and non-current contractually reimbursable engineering costs are related to pre-production design and development costs incurred pursuant to long-term supply arrangements that are contractually guaranteed for reimbursement by customers.
The Company expects to receive cash reimbursement payments of $19 million during the remainder of 2024, $19 million in 2025, $8 million in 2026, $1 million in 2027, and $1 million in 2028 and beyond.