Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Details)

v3.22.4
ACQUISITIONS (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 12 Months Ended
Nov. 30, 2022
USD ($)
Aug. 03, 2022
USD ($)
$ / shares
Apr. 08, 2022
USD ($)
Feb. 07, 2022
USD ($)
Dec. 31, 2022
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2022
EUR (€)
Business Acquisition [Line Items]                    
Goodwill         $ 2,343   $ 2,343 $ 1,287 $ 1,293  
Investments and advances related to equity method investees (Note 4)         1,759   1,759 1,538    
Amortization expense for software and other intangibles             223 144 165  
Net sales             28,074 24,021 19,811  
Unsecured Debt                 500  
Net assets         14,995   14,995 9,639    
Components                    
Business Acquisition [Line Items]                    
Goodwill         1,752   1,752 934 941  
Investments and advances related to equity method investees (Note 4)         617   617 254    
Net sales             9,736 7,665 6,024  
Net assets         7,306   7,306 2,938    
New Power                    
Business Acquisition [Line Items]                    
Goodwill         495   495 257 257  
Investments and advances related to equity method investees (Note 4)         60   60 49    
Net sales             198 116 $ 72  
Net assets         1,158   1,158 602    
Siemens Commercial Vehicles                    
Business Acquisition [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired 100.00%                  
Cash paid for business acquisition $ 187                  
Payments to Acquire Businesses Liabilities Paid 0                  
Total purchase consideration 187                  
Goodwill 70                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 106                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory 21                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 3                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Deferred Revenue (3)                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net (10)                  
Amortization expense for software and other intangibles 7                  
Net sales             2      
Income (Loss) from Subsidiaries, Net of Tax             (4)      
Siemens Commercial Vehicles | Customer Relationships                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 62                  
Finite-Lived Intangible Asset, Useful Life 20 years                  
Siemens Commercial Vehicles | Technology-Based Intangible Assets                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 28                  
Finite-Lived Intangible Asset, Useful Life 11 years                  
Siemens Commercial Vehicles | Trade Names                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 16                  
Finite-Lived Intangible Asset, Useful Life 17 years                  
Meritor Inc.                    
Business Acquisition [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired   100.00%                
Cash paid for business acquisition   $ 2,613                
Payments to Acquire Businesses Liabilities Paid   248                
Total purchase consideration   2,861                
Goodwill   894                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   1,610                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents   98                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables   640                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory   750                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment   846                
Investments and advances related to equity method investees (Note 4)   382                
Defined Benefit Plan, Plan Assets, Business Combination   147                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Current and Long-term Assets   322                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable   (711)                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities   (320)                
Liability, Defined Benefit Plan   (129)                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt   (962)                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current and Long-term Liabilities, Other   (595)                
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value   $ (111)                
Business Acquisition, Share Price | $ / shares   $ 36.50                
Repayments of Debt           $ 900        
Amortization expense for software and other intangibles   $ 142                
Net sales             1,900      
Income (Loss) from Subsidiaries, Net of Tax             (43)      
Business Acquisition, Transaction Costs         30   30      
Business Acquisition, Pro Forma Revenue             30,841 27,949    
Business Acquisition, Pro Forma Net Income (Loss)             2,196 $ 2,058    
Unsecured Debt   2,000                
Goodwill, Purchase Accounting Adjustments         $ 44          
Meritor Inc. | Rounded Purchase Price Member                    
Business Acquisition [Line Items]                    
Total purchase consideration   2,900                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt   (1,000)                
Meritor Inc. | Components                    
Business Acquisition [Line Items]                    
Goodwill   727                
Net assets   3,800                
Meritor Inc. | New Power                    
Business Acquisition [Line Items]                    
Goodwill   167                
Net assets   300                
Meritor Inc. | Customer Relationships                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 960                
Finite-Lived Intangible Asset, Useful Life   12 years                
Meritor Inc. | Technology-Based Intangible Assets                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 345                
Finite-Lived Intangible Asset, Useful Life   8 years                
Meritor Inc. | Trade Names                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 305                
Finite-Lived Intangible Asset, Useful Life   21 years                
Jacobs Vehicle Systems                    
Business Acquisition [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired     100.00%              
Cash paid for business acquisition     $ 345              
Payments to Acquire Businesses Liabilities Paid     0              
Total purchase consideration     345              
Goodwill     108              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles     164              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents     18              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables     24              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory     15              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment     70              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable     (21)              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities     (27)              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net     (6)              
Amortization expense for software and other intangibles     18              
Net sales             118      
Income (Loss) from Subsidiaries, Net of Tax             $ (1)      
Business Acquisition, Goodwill, Expected Tax Deductible Amount     9              
Jacobs Vehicle Systems | Customer Relationships                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles     $ 108              
Finite-Lived Intangible Asset, Useful Life     9 years              
Jacobs Vehicle Systems | Technology-Based Intangible Assets                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles     $ 31              
Finite-Lived Intangible Asset, Useful Life     7 years              
Jacobs Vehicle Systems | Trade Names                    
Business Acquisition [Line Items]                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles     $ 25              
Finite-Lived Intangible Asset, Useful Life     14 years              
Westport Fuel System Inc.                    
Business Acquisition [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired       50.00%            
Cash paid for business acquisition       $ 42            
Payments to Acquire Businesses Liabilities Paid       0            
Total purchase consideration       42            
Goodwill       0            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles       $ 20            
Teksid                    
Business Acquisition [Line Items]                    
Other Commitment | €                   € 115