Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Details)

v3.22.2
ACQUISITIONS (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Aug. 03, 2022
Apr. 08, 2022
Feb. 07, 2022
Jun. 30, 2022
Jul. 04, 2021
Jun. 30, 2022
Jul. 04, 2021
Dec. 31, 2021
Jul. 13, 2022
Business Acquisition [Line Items]                  
Goodwill       $ 1,391   $ 1,391   $ 1,287  
NET SALES (a) (Note 2) [1]       6,586 $ 6,111 12,971 $ 12,203    
Line of Credit Facility, Maximum Borrowing Capacity       3,500   3,500      
Commercial paper (Note 10)       705   $ 705   313  
Subsequent Event                  
Business Acquisition [Line Items]                  
Line of Credit Facility, Maximum Borrowing Capacity                 $ 2,000
Westport Fuel System Inc.                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred     $ 42            
Jacobs Vehicle Systems                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred   $ 346              
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period               $ 194  
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              
Goodwill   108              
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   (5)              
Amortization of Intangible Assets   18              
Business Acquisition, Goodwill, Expected Tax Deductible Amount   9              
NET SALES (a) (Note 2)       37          
Income (Loss) from Subsidiaries, Net of Tax       $ 2          
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              
Fair Value Inputs, Rate of Return   18.00%              
Jacobs Vehicle Systems | Technology-Based Intangible Assets                  
Business Acquisition [Line Items]                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 31              
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              
Jacobs Vehicle Systems | Minimum | Technology-Based Intangible Assets                  
Business Acquisition [Line Items]                  
Finite-Lived Intangible Asset, Useful Life   7 years              
Jacobs Vehicle Systems | Minimum | Trade Names                  
Business Acquisition [Line Items]                  
Fair Value Inputs, Rate of Return   17.00%              
Fair Value Inputs, Market Royalty Rate   2.00%              
Fair Value Inputs, Economic Depreciation Rate   7.00%              
Jacobs Vehicle Systems | Maximum | Technology-Based Intangible Assets                  
Business Acquisition [Line Items]                  
Finite-Lived Intangible Asset, Useful Life   12 years              
Jacobs Vehicle Systems | Maximum | Trade Names                  
Business Acquisition [Line Items]                  
Fair Value Inputs, Rate of Return   18.00%              
Fair Value Inputs, Market Royalty Rate   7.00%              
Fair Value Inputs, Economic Depreciation Rate   10.00%              
Meritor Inc.                  
Business Acquisition [Line Items]                  
Business Acquisition, Share Price       $ 36.50   $ 36.50      
Meritor Inc. | Subsequent Event                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred $ 3,000                
Repayments of Debt 250                
Line of Credit Facility, Maximum Borrowing Capacity                 $ 2,000
Commercial paper (Note 10) 1,300                
Meritor Inc. | Subsequent Event | Estimate                  
Business Acquisition [Line Items]                  
Repayments of Debt $ 310                
[1] (a) Includes sales to nonconsolidated equity investees of $281 million and $625 million for the three and six months ended June 30, 2022, compared with $423 million and $901 million for the comparable periods in 2021.