Assets
3 Months Ended
Mar. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Assets
ASSETS
Other current assets consisted of the following:
 
March 31,
2015
 
December 31,
2014
 
 
 
 
 
(in millions)
Value added tax receivable
$
175

 
$
191

Deferred income taxes
168

 
171

Prepaid insurance and other expenses
54

 
59

Reimbursable engineering costs
48

 
55

Notes receivable
29

 
28

Income and other taxes receivable
27

 
34

Deposits to vendors
8

 
8

Derivative financial instruments (Note 14)
1

 
—

Other
23

 
21

Total
$
533

 
$
567


Other long-term assets consisted of the following:
 
March 31,
2015
 
December 31,
2014
 
 
 
 
 
(in millions)
Deferred income taxes
$
223

 
$
232

Debt issuance costs (Note 8)
38

 
42

Income and other taxes receivable
66

 
67

Reimbursable engineering costs
64

 
73

Value added tax receivable
24

 
28

Derivative financial instruments (Note 14)
1

 
—

Other
63

 
66

Total
$
479

 
$
508