v3.25.0.1
Other Assets
 12 Months Ended
Dec. 31, 2024
Other Assets [Abstract]  
Other Assets Other Assets
Other current assets are comprised of the following components:
December 31,
(In millions)20242023
Recoverable taxes
$47 $51 
Prepaid assets and deposits
23 24 
Contractually reimbursable engineering costs
20 33 
Joint venture receivables
13 19 
 Contractual payments1 3 
Other
5 4 
$109 $134 
Other non-current assets are comprised of the following components:

December 31,
(In millions)20242023
Contractual payments$25 $22 
Contractually reimbursable engineering costs21 21 
Derivative financial instruments8 1 
Recoverable taxes6 10 
Other
34 21 
$94 $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 payments of approximately $20 million in 2025, $17 million in 2026, $1 million in 2027, $1 million in 2028 and $2 million in 2029 and beyond.