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Non-Consolidated Affiliates (Tables)
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Summary of transactions with affiliates
A summary of transactions with affiliates is shown below:
Year Ended December 31,
(In millions)20242023
Billings to affiliates (a)
$50 $45 
Purchases from affiliates (b)$25 $62 
(a) Primarily relates to parts production and engineering reimbursement
(b) Primarily relates to engineering services as well as selling, general and administrative expenses
Summary of investments in non-consolidated affiliates
A summary of the Company's investments in YFVIC is provided below:
December 31,
(In millions)20242023
Payables due to YFVIC
$22 $24 
Exposure to loss in YFVIC
Investment in YFVIC
$— $8 
Receivables due from YFVIC
13 19 
    Maximum exposure to loss in YFVIC
$13 $27 

During 2024, the Company's share of YFVIC reported losses were greater than the carrying value of this investment. Based on the equity method of accounting, losses exceeding the investment balance were not recorded and are monitored as suspended losses. As of December 31, 2024, the total suspended loss attributable to YFVIC was $3 million, for which the Company has no contractual obligation to fund.

During the second quarter of 2024, the Company loaned YFVIC $5 million to provide financial support. During the fourth quarter of 2024, YFVIC repaid the loan to the Company in full.

During the fourth quarter of 2022 the Company incurred approximately $19 million of charges related to program management costs and other charges associated with a joint venture. This charge is recorded within Cost of sales.

The Company recorded a $9 million settlement charge related to a one-time contract dispute with a joint venture partner during the second quarter 2022. This charge is recorded within Cost of sales.