Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Details)

v3.22.2.2
ACQUISITIONS (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Aug. 03, 2022
USD ($)
$ / shares
Apr. 08, 2022
USD ($)
Feb. 07, 2022
USD ($)
Sep. 30, 2022
USD ($)
Oct. 03, 2021
USD ($)
Sep. 30, 2022
USD ($)
Oct. 03, 2021
USD ($)
Sep. 30, 2022
EUR (€)
Dec. 31, 2021
USD ($)
Business Acquisition [Line Items]                  
Goodwill       $ 2,229   $ 2,229     $ 1,287
Investments and advances related to equity method investees       1,826   1,826     1,538
NET SALES (a) (Note 2) [1]       7,333 $ 5,968 20,304 $ 18,171    
Components                  
Business Acquisition [Line Items]                  
Goodwill       1,718   1,718     934
NET SALES (a) (Note 2)       2,703 1,793 6,641 5,939    
New Power                  
Business Acquisition [Line Items]                  
Goodwill       416   416     $ 257
NET SALES (a) (Note 2)       50 23 123 82    
Meritor Inc.                  
Business Acquisition [Line Items]                  
Business Acquisition, Percentage of Voting Interests Acquired 100.00%                
Payments to Acquire Businesses, Gross $ 2,613                
Payments to Acquire Businesses Liabilities Paid 248                
Business Combination, Consideration Transferred 2,861                
Goodwill 850                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets $ 1,610                
Business Acquisition, Share Price | $ / shares $ 36.50                
Repayments of Debt       900          
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 752                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 846                
Investments and advances related to equity method investees 382                
Defined Benefit Plan, Plan Assets, Business Combination 147                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets 364                
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 (325)                
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, Noncurrent Liabilities, Other (590)                
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value (111)                
Amortization of Intangible Assets 142                
NET SALES (a) (Note 2)       737          
Income (Loss) from Subsidiaries, Net of Tax       (37)          
Business Acquisition, Transaction Costs       30   30      
Business Acquisition, Pro Forma Revenue       7,734 6,913 23,071 21,115    
Business Acquisition, Pro Forma Net Income (Loss)       397 $ 544 1,565 $ 1,662    
Unsecured Debt       2,000   2,000      
Meritor Inc. | Rounded Purchase Price Member                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred 2,900                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt       (1,000)   (1,000)      
Meritor Inc. | Components                  
Business Acquisition [Line Items]                  
Goodwill 691                
Meritor Inc. | New Power                  
Business Acquisition [Line Items]                  
Goodwill 159                
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%              
Payments to Acquire Businesses, Gross   $ 346              
Payments to Acquire Businesses Liabilities Paid   0              
Business Combination, Consideration Transferred   346              
Goodwill   108              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets   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   (5)              
Amortization of Intangible Assets   18              
Business Acquisition, Goodwill, Expected Tax Deductible Amount   9              
NET SALES (a) (Note 2)       43   $ 80      
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              
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%            
Payments to Acquire Businesses, Gross     $ 42            
Payments to Acquire Businesses Liabilities Paid     0            
Business Combination, Consideration Transferred     42            
Goodwill     0            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets     $ 20            
Siemens Commercial Vehicles business                  
Business Acquisition [Line Items]                  
Other Commitment | €               € 190  
[1] (a) Includes sales to nonconsolidated equity investees of $295 million and $920 million for the three and nine months ended September 30, 2022, compared with $385 million and $1,286 million for the comparable periods in 2021.