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Document and Entity Information - shares	12 Months Ended
Document and Entity Information - shares	Dec. 31, 2018	Feb. 26, 2019
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	GTX
Entity Registrant Name	Garrett Motion Inc.
Entity Central Index Key	0001735707
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		74,019,825

CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Net sales (Note 4)	$ 3,375	$ 3,096	$ 2,997
Cost of goods sold	2,599	2,361	2,365
Gross profit	776	735	632
Selling, general and administrative expenses	249	249	197
Other expense, net (Note 5)	120	130	183
Interest expense	19	8	7
Non-operating (income) expense (Note 6)	(8)	(18)	(5)
Income before taxes	396	366	250
Tax (benefit) expense (Note 7)	(784)	1,349	51
Net income (loss)	$ 1,180	$ (983)	$ 199
Earnings (losses) per common share
Basic	$ 15.93	$ (13.27)	$ 2.69
Diluted	$ 15.86	$ (13.27)	$ 2.69
Weighted average common shares outstanding
Basic	74,059,240	74,070,852	74,070,852
Diluted	74,402,148	74,070,852	74,070,852

CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 1,180	$ (983)	$ 199
Foreign exchange translation adjustment	(198)	72	29
Defined benefit pension plan adjustment, net of tax (Note 22)	(2)		(12)
Changes in fair value of effective cash flow hedges, net of tax (Note 16)	35	(77)	33
Total other comprehensive (loss) income, net of tax	(165)	(5)	50
Comprehensive income (loss)	$ 1,015	$ (988)	$ 249

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 196	$ 300
Accounts, notes and other receivables—net (Note 8)	750	745
Inventories—net (Note 9)	172	188
Due from related parties, current (Note 3)		530
Other current assets (Note 10)	71	321
Total current assets	1,189	2,084
Due from related parties, non-current (Note 3)		23
Investments and long-term receivables	39	38
Property, plant and equipment—net (Note 11)	438	442
Goodwill (Note 12)	193	193
Insurance recoveries for asbestos-related liabilities (Note 21)		174
Deferred income taxes (Note 7)	165	41
Other assets	80	2
Total assets	2,104	2,997
Current liabilities:
Accounts payable	916	860
Due to related parties, current (Note 3)		1,117
Current maturities of long-term debt (Note 14)	23
Obligations payable to Honeywell, current (Note 21)	127
Accrued liabilities (Note 13)	426	571
Total current liabilities	1,492	2,548
Long-term debt (Note 14)	1,569
Deferred income taxes (Note 7)	27	956
Obligations payable to Honeywell (Note 21)	1,399
Asbestos-related liabilities (Note 21)	1	1,527
Other liabilities (Note 17)	209	161
Total liabilities	4,697	5,192
COMMITMENTS AND CONTINGENCIES (Note 21)
EQUITY (DEFICIT)
Additional paid-in capital	5
Retained earnings	(2,671)
Invested equity (deficit)		(2,433)
Accumulated other comprehensive income (Note 18)	73	238
Total stockholders' deficit	(2,593)	(2,195)
Total liabilities and stockholders' deficit	$ 2,104	$ 2,997

CONSOLIDATED AND COMBINED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares, issued	74,070,852	74,070,852
Common stock, shares, outstanding	74,019,825	74,019,825

CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net (loss) income	$ 1,180	$ (983)	$ 199
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Deferred income taxes	(905)	973	(39)
Depreciation and amortization	72	64	59
Foreign exchange (gain) loss	15	(24)	(15)
Stock compensation expense	21	15	12
Pension expense	10	9	13
Other	39	(2)	(24)
Changes in assets and liabilities:
Accounts, notes and other receivables	(30)	(42)	(90)
Receivables from related parties	57		3
Inventories	2	(46)	2
Other assets	(46)	1	6
Accounts payable	63	88	82
Payables to related parties	(50)	32	(5)
Accrued liabilities	49	41	43
Obligations payable to Honeywell	(76)
Asbestos-related liabilities	(1)	(69)	16
Other liabilities	(27)	14	43
Net cash provided by operating activities	373	71	305
Cash flows from investing activities:
Expenditures for property, plant and equipment	(95)	(103)	(84)
Issuance of related party notes receivables			(63)
Proceeds from related party notes receivables		66	72
Increase in marketable securities	(21)	(651)	(659)
Decrease in marketable securities	312	712	575
Other	(4)	6	(23)
Net cash provided by (used for) investing activities	192	30	(182)
Cash flows from financing activities:
Net increase in Invested deficit	(1,493)	(19)	(95)
Proceeds from revolving credit facility	331
Payments of revolving credit facility	(331)
Proceeds from issuance of long-term debt	1,631
Payments of long-term debt	(6)
Proceeds for related party notes payable		671	656
Payments related to related party notes payable	(493)	(670)	(655)
Net change to cash pooling and short-term notes	(300)	78	(55)
Other	3
Net cash provided by (used for) financing activities	(658)	60	(149)
Effect of foreign exchange rate changes on cash and cash equivalents	(11)	20	(1)
Net increase (decrease) in cash and cash equivalents	(104)	181	(27)
Cash and cash equivalents at beginning of period	300	119	146
Cash and cash equivalents at end of period	196	300	119
Supplemental cash flow disclosures:
Income taxes paid (net of refunds)	76	430	73
Interest expense paid	12	5	5
Supplemental schedule of non-cash investing and financing activities:
Expenditures for property, plant and equipment in accounts payable	$ 43	$ 42	$ 35

CONSOLIDATED AND COMBINED STATEMENTS OF EQUITY (DEFICIT) - USD ($) shares in Millions, $ in Millions	Total	Before Spin-Off	Afer Spin-Off	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Afer Spin-Off	Invested Deficit	Invested Deficit Before Spin-Off	Accumulated Other Comprehensive Income/(loss)
Beginning balance at Dec. 31, 2015	$ (1,359)							$ (1,552)		$ 193
Net (loss) income	199							199
Other comprehensive income, net of tax	50									50
Change in Invested deficit	(111)							(111)
Ending balance at Dec. 31, 2016	(1,221)							(1,464)		243
Net (loss) income	(983)							(983)
Other comprehensive income, net of tax	(5)									(5)
Change in Invested deficit	14							14
Ending balance at Dec. 31, 2017	(2,195)							(2,433)		238
Net (loss) income	1,180	$ 1,137	$ 43				$ 43		$ 1,137
Other comprehensive income, net of tax	(165)									(165)
Change in Invested deficit	(1,168)							(1,168)
Spin-Off related adjustments	(250)							(250)
Issuance of common stock and reclassification of invested deficit						$ (2,714)		$ 2,714
Issuance of common stock and reclassification of invested deficit, Shares				74
Stock-based compensation	5				$ 5
Ending balance at Dec. 31, 2018	$ (2,593)				$ 5	$ (2,671)				$ 73
Ending balance, Shares at Dec. 31, 2018				74

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Organization, Operations and Basis of Presentation

12 Months Ended

Dec. 31, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Organization, Operations and Basis of Presentation

Note 1. Organization, Operations and Basis of Presentation

Background

Garrett Motion Inc. (the “Company” or “Garrett”) designs, manufactures and sells highly engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (“OEMs”) and the aftermarket. We are a global technology leader with significant expertise in delivering products across gasoline and diesel propulsion systems and hybrid and fuel cell powertrains.

On October 1, 2018, the Company became an independent publicly-traded company through a pro rata distribution by Honeywell International Inc. (“Former Parent” or “Honeywell”) of 100% of the then-outstanding shares of Garrett to Honeywell’s stockholders (the “Spin-Off”). Each Honeywell stockholder of record received one share of Garrett common stock for every 10 shares of Honeywell common stock held on the record date. Approximately 74 million shares of Garrett common stock were distributed on October 1, 2018 to Honeywell stockholders. In connection with the Spin-Off, Garrett´s common stock began trading “regular-way” under the ticker symbol “GTX” on the New York Stock Exchange on October 1, 2018.

The Spin-Off was completed pursuant to a Separation and Distribution Agreement and other agreements with Honeywell related to the Spin-Off, including but not limited to an indemnification and reimbursement agreement (the “Indemnification and Reimbursement Agreement”) and a tax matters agreement (the “Tax Matters Agreement”). Refer to Note 21 Commitments and Contingencies for additional details related to the Indemnification and Reimbursement Agreement and Tax Matters Agreement.

Unless the context otherwise requires, references to “Garrett,” “we,” “us,” “our,” and “the Company” refer to (i) Honeywell’s Transportation Systems Business (the “Transportation Systems Business” or the “Business”) prior to the Spin-Off and (ii) Garrett Motion Inc. and its subsidiaries following the Spin-Off, as applicable.

Basis of Presentation

Prior to the Spin-Off on October 1, 2018, our historical financial statements were prepared on a stand-alone combined basis and were derived from the consolidated financial statements and accounting records of Honeywell. Accordingly, for periods prior to October 1, 2018, our financial statements are presented on a combined basis and for the periods subsequent to October 1, 2018 are presented on a consolidated basis (collectively, the historical financial statements for all periods presented are referred to as “Consolidated and Combined Financial Statements”). The Consolidated and Combined Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Asbestos-related expenses, net of probable insurance recoveries, are presented within Other expense, net in the Consolidated and Combined Statement of Operations. Honeywell is subject to certain asbestos-related and environmental-related liabilities, primarily related to its legacy Bendix business. In conjunction with the Spin-Off, certain operations that were part of the Bendix business, along with the ownership of the Bendix trademark, as well as certain operations that were part of other legacy elements of the Business, were transferred to us. For the periods prior to the Spin-Off, these Consolidated and Combined Financial Statements reflect an estimated liability for resolution of pending and future asbestos-related and environmental liabilities primarily related to the Bendix legacy Honeywell business, calculated as if we were responsible for 100% of the Bendix asbestos-liability payments. However, this recognition model differs from the recognition model applied subsequent to the Spin-Off, with the difference recognized through equity as of the Spin-Off date. In periods subsequent to the Spin-Off, the accounting for the majority of our asbestos-related liability payments and accounts payable reflect the terms of the Indemnification and Reimbursement Agreement with Honeywell entered into on September 12, 2018, under which we are required to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.

We evaluated segment reporting in accordance with Accounting Standards Codification (“ASC”) 280–Segment Reporting. We concluded that Garrett operates in a single operating segment and a single reportable segment based on the operating results available and evaluated regularly by the chief operating decision maker (“CODM”) to make decisions about resource allocation and performance assessment. The CODM makes operational performance assessments and resource allocation decisions on a consolidated basis, inclusive of all of the Business’s products.

All intracompany transactions have been eliminated. As described in Note 3 Related Party Transactions with Honeywell, all significant transactions between the Business and Honeywell prior to the Spin-Off have been included in the Consolidated and Combined Financial Statements and settled for cash prior to the Spin-Off with the exception of certain related party notes which were forgiven. These transactions which were settled for cash prior to the Spin-Off are reflected in the Consolidated and Combined Balance Sheets as Due from related parties or Due to related parties for the periods prior to the Spin-Off. In the Consolidated and Combined Statements of Cash Flows, the cash flows related to related party notes receivables presented in the Consolidated and Combined Balance Sheets in Due from related parties are reflected as investing activities since these balances represent amounts loaned to Former Parent. The cash flows related to related party notes payables presented in the Consolidated and Combined Balance Sheets in Due to related parties are reflected as financing activities since these balances represent amounts financed by Former Parent. Following the Spin-Off, Honeywell is no longer considered a related party.

Honeywell used a centralized approach to cash management and financing of its operations. For the periods prior to the Spin-Off, the majority of the Business’s cash was transferred to Honeywell daily and Honeywell funded its operating and investing activities as needed. This arrangement is not reflective of the manner in which the Business would have been able to finance its operations had it been a stand-alone business separate from Honeywell during the periods presented prior to the Spin-Off. Cash transfers to and from Honeywell’s cash management accounts are reflected in the Consolidated and Combined Balance Sheet as Due to and Due from related parties, current and in the Consolidated and Combined Statements of Cash Flows as net financing activities.

For the periods prior to the Spin-Off, the Consolidated and Combined Financial Statements include certain assets and liabilities that have historically been held at the Honeywell corporate level but are specifically identifiable or otherwise attributable to Garrett. The cash and cash equivalents held by Honeywell at the corporate level are not specifically identifiable to Garrett and therefore were not attributed for any of the periods presented. Honeywell third-party debt and the related interest expense have not been allocated for any of the periods presented as Honeywell’s borrowings were not directly attributable to Garrett.

For the periods prior to the Spin-Off, Honeywell provided certain services, such as legal, accounting, information technology, human resources and other infrastructure support, on behalf of the Business. The cost of these services has been allocated to the Business on the basis of the proportion of revenues. We consider these allocations to be a reasonable reflection of the benefits received by the Business. However, the financial information presented in the Consolidated and Combined Financial Statements may not reflect the consolidated and combined financial position, operating results and cash flows of the Business had the Business been a separate stand-alone entity during the periods presented. Actual costs that would have been incurred if the Business had been a stand-alone company would depend on multiple factors, including organizational structure and strategic decisions made in various areas, including information technology and infrastructure. We consider the basis on which the expenses have been allocated to be a reasonable reflection of the utilization of services provided to or the benefits received by the Business during the periods presented.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Note 2. Summary of Significant Accounting Policies

Principles of Consolidation and Combination— For the periods subsequent to the Spin-Off, the Consolidated and Combined Financial Statements include the accounts of Garrett Motion Inc. and all of its subsidiaries in which a controlling financial interest is maintained. We consolidate entities that we control due to ownership of a majority voting interest, and we consolidate variable interest entities (“VIEs”) when we have variable interests and are the primary beneficiary. Our consolidation policy requires equity investments that we exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities to be accounted for using the equity method. Investments through which we are not able to exercise significant influence over the investee and which we do not have readily determinable fair values are accounted for under the cost method. All intercompany transactions and balances are eliminated in consolidation.

For the periods prior to the Spin-Off, the Consolidated and Combined Financial Statements were prepared on a stand-alone basis and include our business units and wholly owned direct and indirect subsidiaries and entities in which we had a controlling financial interest.

Cash and Cash Equivalents—Cash and cash equivalents include cash on hand and highly liquid investments having an original maturity of three months or less.

Trade Receivables and Allowance for Doubtful Accounts—Trade accounts receivable are recorded at the invoiced amount as a result of transactions with customers. Garrett maintains allowances for doubtful accounts for estimated losses as a result of customer’s inability to make required payments. Garrett estimates anticipated losses from doubtful accounts based on days past due as measured from the contractual due date and historical collection history. Garrett also takes into consideration changes in economic conditions that may not be reflected in historical trends (for example, customers in bankruptcy, liquidation or reorganization). Receivables are written-off against the allowance for doubtful accounts when they are determined uncollectible. Such determination includes analysis and consideration of the particular conditions of the account, including time intervals since last collection, customer performance against agreed upon payment plans, solvency of customer and any bankruptcy proceedings.

Inventories—Inventories are stated at the lower of cost, determined on a first-in, first-out basis, including direct material costs and direct and indirect manufacturing costs, or net realizable value. Obsolete inventory is identified based on analysis of inventory for known obsolescence issues. The original equipment inventory on hand in excess of one year’s forecasted usage is fully reserved.

Property, Plant and Equipment—Property, plant and equipment are recorded at cost less accumulated depreciation and amortization. For financial reporting, the straight-line method of depreciation is used over the estimated useful lives of 10 to 50 years for buildings and improvements, 2 to 16 years for machinery and equipment, 3 to 10 years for tooling equipment and 5 to 7 years for software.

Goodwill—Goodwill is subject to impairment testing annually as of March 31, and whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. This testing compares carrying value to fair value of our single reporting unit. The Company recognizes an impairment charge for the amount by which the carrying value of the reporting unit exceeds the reporting unit´s fair value. However, any impairment should not exceed the amount of goodwill allocated to the reporting unit. We completed our annual goodwill impairment test as of March 31, 2018, as well as an interim impairment test immediately following the Spin-Off and determined that there was no impairment as of these dates.

Warranties and Guarantees—Expected warranty costs for products sold are recognized based on an estimate of the amount that eventually will be required to settle such obligations. These accruals are based on factors such as past experience, length of the warranty and various other considerations. Costs of product recalls, which may include the cost of the product being replaced as well as the customer’s cost of the recall, including labor to remove and replace the recalled part, are accrued as part of our warranty accrual at the time an obligation becomes probable and can be reasonably estimated. These estimates are adjusted from time to time based on facts and circumstances that impact the status of existing claims. For additional information, see Note 21, Commitments and Contingencies.

Sales Recognition—On January 1, 2018, we adopted the FASB´s updated guidance on revenue from contracts with customers, ASC 606 Revenue from Contracts With Customers (“ASC 606”), using the modified retrospective method applied to contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting.

Product sales are recognized when we transfer control of the promised goods to our customer, which is based on shipping terms. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring the promised goods.

In the sale of products in the OEM channel, the transaction price for these goods is equal to the agreed price of each unit and represents the standalone selling price for the unit.

In the sale of products in the aftermarket channel, the terms of a contract or the historical business practice can give rise to variable consideration due to, but not limited to, discounts and bonuses. We estimate variable consideration at the most likely amount we will receive from customers and reduce revenues recognized accordingly. We include estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Our estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is reasonably available to us.

Prior to January 1, 2018, sales were recognized when there was evidence of a sales agreement, the delivery of goods had occurred, the sales price was fixed or determinable and the collectability of revenue was reasonably assured. Sales were generally recorded upon shipment of product to customers and transfer of title under standard commercial terms. Sales incentives and allowances were recognized as a reduction to revenue at the time of the related sale. In addition, payments made to customers were generally recognized as a reduction to revenue at the time these payments are made or committed to the customers.

Research and Development—Garrett conducts research and development (“R&D”) activities, which consist primarily of the development of new products and product applications. R&D costs are charged to expense as incurred. Such costs are included in Cost of goods sold of $128 million, $119 million, and $112 million for the years ended December 31, 2018, 2017, and 2016, respectively. Additionally, the Company incurs engineering-related expenses which are also included in Cost of goods sold of $10 million, $19 million, and $21 million for the years ended December 31, 2018, 2017, and 2016. The prior year amounts have been reclassified to conform to the current year presentation.

Asbestos-Related Contingencies and Insurance Recoveries—Honeywell is subject to certain asbestos-related and environmental-related liabilities, primarily related to its legacy Bendix business. In conjunction with the Spin-Off, certain operations that were part of the Bendix business, along with the ownership of the Bendix trademark, as well as certain operations that were part of other legacy elements of the Business, were transferred to us. For periods prior to the Spin-Off, we reflect an estimated liability for resolution of pending and future asbestos-related and environmental liabilities primarily related to the Bendix legacy Honeywell business, calculated as if we were responsible for 100% of the Bendix asbestos-liability payments. We recognized a liability for any asbestos-related contingency that was probable of occurrence and reasonably estimable. In connection with the recognition of liabilities for asbestos-related matters, we recorded asbestos-related insurance recoveries that are deemed probable. Asbestos-related expenses, net of probable insurance recoveries, are presented within Other expense, net in the Consolidated and Combined Statement of Operations. The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.

In periods subsequent to the Spin-Off, the accounting for the majority of our asbestos-related liability payments and accounts payable reflect the terms of the Indemnification and Reimbursement Agreement with Honeywell entered into on September 12, 2018, under which we are required to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. Net charges for asbestos-related and environmental-related matters in connection with the Indemnification and Reimbursement Agreement are presented within Other expense, net in the Consolidated and Combined Statement of Operations.

Stock-Based Compensation Plans—The principal awards issued under our stock-based compensation plans, which are described in Note 19 Stock-Based Compensation Plans, are restricted stock units. The cost for such awards is measured at the grant date based on the fair value of the award. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods (generally the vesting period of the equity award) and is included in Selling, general and administrative expenses in the Consolidated and Combined Statements of Operations. Forfeitures are estimated at the time of grant to recognize expense for those awards that are expected to vest and are based on our historical forfeiture rates under our Former Parent´s plans.

For periods prior to the Spin-Off, certain employees within the Business participated in stock-based compensation plans sponsored by the Former Parent. The Former Parent’s stock-based compensation plans primarily include incentive compensation plans. Awards granted under the plans consist of stock options, restricted stock units (“RSUs”) and performance stock units (“PSUs”) and are based on the Former Parent’s common shares and, as such, are reflected in Invested deficit within the Consolidated and Combined Statements of Equity (Deficit).

Pension Benefits—Following the Spin-Off, we sponsor defined benefit pension plans covering certain employees, primarily in Switzerland, the US and Ireland. For such plans, we recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment), and, if applicable, in any quarter in which an interim remeasurement is triggered. The remaining components of pension expense, primarily service and interest costs and assumed return on plan assets, are recognized on a quarterly basis.

On January 1, 2018, we retrospectively adopted the new accounting guidance on presentation of net periodic pension costs. That guidance requires that we disaggregate the service cost component of net benefit costs and report those costs in the same line item or items in the Consolidated Statement of Operations as other compensation costs arising from services rendered by the pertinent employees during the period. The other nonservice components of net benefit costs are required to be presented separately from the service cost component.

Following the adoption of this guidance, we continue to record the service cost component of Pension ongoing (income) expense in Costs of goods sold or Selling, general and administrative expenses. The remaining components of net benefit costs within Pension ongoing (income) expense, primarily interest costs and assumed return on plan assets, are now recorded in Non-operating (income) expense. We will continue to recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment). The MTM Adjustment will also be reported in Non-operating (income) expense.

For periods prior to the Spin-Off, we sponsored a defined benefit pension plan covering certain employees in Ireland. Additionally, certain Garrett employees participated in defined benefit pension plans (the “Shared Plans”) sponsored by Honeywell which includes participants of other Honeywell subsidiaries and operations. We accounted for our participation in the Shared Plans as a multiemployer benefit plan. Accordingly, we did not record an asset or liability to recognize the funded status of the Shared Plans. The related pension expense was based on annual service cost of active Garrett participants and reported within Cost of goods sold in the Consolidated and Combined Statements of Operations. The pension expense specifically identified for the active Garrett participants in the Shared Plans for the years ended December 31, 2018, 2017 and 2016 was $5 million, $7 million and $6 million, respectively.

Foreign Currency Translation—Assets and liabilities of subsidiaries operating outside the United States with a functional currency other than U.S. Dollars are translated into U.S. Dollars using year-end exchange rates. Sales, costs and expenses are translated at the average exchange rates in effect during the year. Foreign currency translation gains and losses are included as a component of Accumulated other comprehensive income (loss).

Derivative Financial Instruments—We minimize our risks from foreign currency exchange rate fluctuations through our normal operating and financing activities and, when deemed appropriate through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes. Derivative financial instruments that qualify for hedge accounting must be designated and effective as a hedge of the identified risk exposure at the inception of the contract. Accordingly, changes in fair value of the derivative contract must be highly correlated with changes in fair value of the underlying hedged item at inception of the hedge and over the life of the hedge contract.

All derivatives are recorded on the balance sheet as assets or liabilities and measured at fair value. For derivatives designated as cash flow hedges, the effective portion of the changes in fair value of the derivatives are recorded in Accumulated other comprehensive income (loss) and subsequently recognized in earnings when the hedged items impact earnings. Cash flows of such derivative financial instruments are classified consistent with the underlying hedged item.

On September 27, 2018, we early adopted the new accounting guidance contained in ASU 2017-12 on a modified retrospective approach. The new standard is intended to improve and simplify rules relating to hedge accounting, including the elimination of periodic hedge ineffectiveness, recognition of components excluded from hedge effectiveness assessment, the ability to elect to perform subsequent effectiveness assessments qualitatively, and other provisions designed to provide more transparency around the economics of a company’s hedging strategy.

Income Taxes—We account for income taxes pursuant to the asset and liability method which requires us to recognize current tax liabilities or receivables for the amount of taxes we estimate are payable or refundable for the current year and deferred tax assets and liabilities for the expected future tax consequences attributable to temporary differences between the financial statement carrying amounts and their respective tax bases of assets and liabilities and the expected benefits of net operating loss and credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period enacted. A valuation allowance is provided when it is more likely than not that a portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and the reversal of deferred tax liabilities during the period in which related temporary differences become deductible.

Prior to the Spin-Off, the tax provision was presented on a separate company basis as if we were a separate filer. The effects of tax adjustments and settlements from taxing authorities are presented in our Consolidated and Combined Financial Statements in the period to which they relate as if we were a separate filer. Our current obligations for taxes are settled with our Former Parent on an estimated basis and adjusted in later periods as appropriate. All income taxes due to or due from our Former Parent that have not been settled or recovered by the end of the period are reflected in Invested deficit within the Consolidated and Combined Financial Statements. We are subject to income tax in the United States (federal, state and local) as well as other jurisdictions in which we operate. The tax provision has been calculated as if the carve-out entity was operating on a stand-alone basis and filed separate tax returns in the jurisdiction in which it operates. Therefore, cash tax payments and items of current and deferred taxes may not be reflective of the actual tax balances prior to or subsequent to the carve-out.

Earnings per share—Basic earnings per share is based on the weighted average number of common shares outstanding. Diluted earnings per share is based on the weighted average number of common shares outstanding and all dilutive potential common shares outstanding. On October 1, 2018, the date of consummation of the Spin-Off, 74,070,852 shares of the Company’s Common Stock were distributed to Honeywell stockholders of record as of September 18, 2018 who held their shares through the Distribution Date. Basic and diluted EPS for all periods prior to the Spin-Off reflect the number of distributed shares, or 74,070,852 shares. For 2018, the distributed shares were treated as issued and outstanding from January 1, 2018 for purposes of calculating historical basic earnings per share.

Use of Estimates—The preparation of the Consolidated and Combined Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated and Combined Financial Statements and related disclosures in the accompanying notes. Actual results could differ from those estimates. Estimates and assumptions are periodically reviewed and the effects of changes are reflected in the Consolidated and Combined Financial Statements in the period they are determined to be necessary.

Recently Adopted Accounting Pronouncements

In October 2016, the FASB issued ASU 2016-16, Intra-Entity Transfers of Assets Other Than Inventory. The ASU requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, at the time the entity transfer occurs rather than when the asset is ultimately transferred to a third party, as required under current U.S. GAAP. The guidance is intended to reduce diversity in practice, particularly for transfers involving intellectual property. Subsequent to 2017 fiscal year, we adopted the accounting standard update as of January 1, 2018. The guidance requires application on a modified retrospective basis. The adoption of this guidance increased our deferred tax assets by $191 million with a cumulative-effect adjustment to retained earnings of the same amount.

In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350). The ASU eliminates Step 2 of the goodwill impairment test, which requires determining the fair value of assets acquired or liabilities assumed in a business combination. Under the amendments in this update, a goodwill impairment test is performed by comparing the fair value of the reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. We have early adopted this guidance during the fourth quarter of 2018. The adoption did not have an impact on our Consolidated and Combined Balance Sheets, Statements of Operations and related Notes to Consolidated and Combined Financial Statements.

In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. These amendments are intended to better align a company’s risk management strategies and financial reporting for hedging relationships. As further noted in our Derivative financial instruments accounting policy above, we early adopted during the third quarter of 2018 the new accounting guidance contained in ASU 2017-12 on a modified retrospective approach. In relation to the Company’s foreign currency exchange forward and option contracts (foreign currency exchange contracts), the adoption did not have an impact on our Consolidated and Combined Balance Sheets and Statements of Operations.

Recently Issued Accounting Pronouncements

In February 2016, the FASB issued guidance on accounting for leases which requires lessees to recognize most leases on their balance sheets for the rights and obligations created by those leases. The guidance requires enhanced disclosures regarding the amount, timing and uncertainty of cash flows arising from leases that will be effective for interim and annual periods beginning after December 15, 2018, with early adoption permitted. We expect to adopt the requirements of the new standard effective January 1, 2019, and we will elect to not recast comparative periods in the transition. We estimate the adoption will result in the addition of $33 million to $43 million of right-of-use assets and liabilities to our consolidated balance sheet, with no significant change to our consolidated statements of operations or cash flows. In adopting the new leases standard as per January 1, 2019, the Company has applied the practical expedients as per ASC 842-10-65-1(f) and (g).

In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), which requires measurement and recognition of expected credit losses for financial assets held. ASU 2016-13 is effective for us in our first quarter of fiscal 2020, and earlier adoption is permitted beginning in the first quarter of fiscal 2019. We are currently evaluating the impact of the guidance on our Consolidated and Combined Balance Sheets, Statements of Operations and related Notes to Consolidated and Combined Financial Statements.

In February 2018, the FASB issued guidance that allows for an entity to elect to reclassify the income tax effects on items within Accumulated other comprehensive income resulting from U.S. tax reform to retained earnings. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including interim periods within those years. The guidance allows for adoption (i) at the beginning of the period of adoption or (ii) retrospective to each period in which the income tax effects of the U.S. tax reform related to items recognized in Accumulated other comprehensive income are recognized. We are currently evaluating the impact of this standard on our Consolidated and Combined Financial Statements and whether we will elect to reclassify the income tax effects on items within Accumulated other comprehensive income resulting from U.S. tax reform to retained earnings.

Related Party Transactions with Honeywell

12 Months Ended

Dec. 31, 2018

Note 3. Related Party Transactions with Honeywell

Subsequent to Spin-Off

Following the Spin-Off, Honeywell is no longer considered a related party.

We have Obligations payable to Honeywell related to the Indemnification and Reimbursement Agreement and Tax Matters Agreement. See Note 21 Commitments and Contingencies for further details.

Prior to Spin-Off

The Consolidated and Combined Financial Statements have been prepared on a stand-alone basis and are derived from the consolidated financial statements and accounting records of Honeywell.

Prior to the Spin-Off, Honeywell provided certain services, such as legal, accounting, information technology, human resources and other infrastructure support, on behalf of the Business. The cost of these services has been allocated to the Business on the basis of the proportion of revenues. We consider the allocations to be a reasonable reflection of the benefits received by the Business. During the years ended December 31, 2018, 2017 and 2016, Garrett was allocated $87 million, $127 million and $75 million, respectively, of general corporate expenses incurred by Honeywell, and such amounts are included within Selling, general and administrative expenses in the Consolidated and Combined Statements of Operations. As certain expenses reflected in the Consolidated and Combined Financial Statements include allocations of corporate expenses from Honeywell, these statements could differ from those that would have been prepared had Garrett operated on a stand-alone basis.

Honeywell used a centralized approach for the purpose of cash management and financing of its operations. Prior to the Spin-Off, the Business’ cash was historically transferred to Honeywell daily, and Honeywell funded its operating and investing activities as needed. Honeywell had operated a centralized non-interest-bearing cash pool in U.S. and regional interest-bearing cash pools outside of U.S. As of December 31, 2017, the Company had non-interest-bearing cash pooling balances of $51 million which are presented in Invested deficit within the Consolidated and Combined Balance Sheets.

The Company received interest income for related party notes receivables of $1 million, $1 million and $4 million for the years ended December 31, 2018, 2017 and 2016, respectively. Additionally, the Company incurred interest expense for related party notes payable of $1 million, $6 million and $6 million for the years ended December 31, 2018, 2017 and 2016, respectively.

Honeywell centrally hedged its exposure to changes in foreign exchange rates principally with forward contracts. Certain contracts were specifically designated to and entered on behalf of the Business with the Former Parent as a counterparty and were used to hedge known or probable anticipated foreign currency sales and purchases. The Business designated these hedges as cash flow hedges. These hedges were marked-to-market with the effective portion of the changes in fair value of the derivatives recorded in Accumulated other comprehensive income (loss) and subsequently recognized in earnings when the hedged items impact earnings. See Note 6 Non-Operating (Income) Expense, and Note 18 Accumulated Other Comprehensive Income (Loss), for the net impact of these economic foreign currency hedges in Non-Operating (Income) Expense and Accumulated Other Comprehensive Income, respectively, and Note 16 Financial Instruments and Fair Value Measures, for further details of these financial instruments.

Due from related parties, current consists of the following:

	December 31, 2018		December 31, 2017
Cash pooling and short-term notes receivables	$	—	$	495
Other tax receivables from Former Parent		—		26
Receivables from related parties		—		8
Related party notes receivables, current		—		1
Foreign currency exchange contracts		—		—
	$	—	$	530

Due from related parties, non-current consists of the following:

December 31,

2018

December 31,

2017

Other tax receivables from Former Parent

—

Due to related parties, current consists of the following:

	December 31, 2018		December 31, 2017
Cash pooling and short-term notes payables	$	—	$	545
Related party notes payables, current		—		484
Payables to related parties		—		51
Foreign currency exchange contracts		—		37
	$	—	$	1,117

Net transfers to and from Honeywell are included within Invested deficit on the Consolidated and Combined Balance Sheet. The components of the net transfers to and from Honeywell for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Years Ended December 31,
	2018			2017			2016
General financing activities	$	1,774		$	(363	)	$	(151	)
Distribution to Former Parent		(2,994	)		(97	)		(117	)
Unbilled corporate allocations		41			70			37
Stock compensation expense and other compensation awards		17			19			16
Pension expense		7			9			13
Mandatory Transition Tax		(13	)		354			—
Other Income Tax		—			22			91
Spin-Off related adjustments		(250	)		—			—
Issuance of common stock and reclassification of invested deficit		2,714			—			—
Total net decrease (increase) in Invested deficit	$	1,296		$	14		$	(111	)

Revenue Recognition and Contracts with Customers

12 Months Ended

Dec. 31, 2018

Revenue From Contract With Customer [Abstract]

Revenue Recognition and Contracts with Customers

Note 4. Revenue Recognition and Contracts with Customers

The Company generates revenue through the sale of products to customers in the OEM and aftermarket channels. OEM and aftermarket contracts generally include scheduling agreements that stipulate the pricing and delivery terms that identify the quantity and timing of the product to be transferred.

Revenue recognition will be generally consistent with the previous standard, with the exception of how we account for payments made to customers in conjunction with future business. Historically these payments were recognized as a reduction of revenue at the time the payments were made. Under ASC 606, these payments result in deferred reductions to revenue that are subsequently recognized when the products are delivered to the customer. The Company evaluates the amounts capitalized each period end for recoverability and expenses any amounts that are no longer expected to be recovered over the term of the business arrangement. These payments are recorded in Other current assets and Other assets in our Consolidated and Combined Balance Sheet. Upon adoption the cumulative impact of this change is as follows:

	December 31, 2017
	As reported			Adjustments		As adjusted
Consolidated and Combined Balance Sheet
Assets
Current assets:
Other current assets	$	321		$	7	$	328
Other assets		2			53		55

Liabilities
Non-current liabilities:
Deferred income taxes		956			6		962

Equity (Deficit)
Invested deficit		(2,433	)		54		(2,379	)

Under the modified retrospective method of adoption, we are required to disclose the impact to revenues had we continued to follow our accounting policies under the previous revenue recognition guidance. We estimate the impact to revenues for the year ended December 31, 2018 would have been a decrease of $6 million. As of December 31, 2018, deferred payments to customers recorded in Other current assets and Other assets in our Consolidated and Combined Balance Sheet were $9 million and $56 million. Refer to Note 2, Summary of Significant Accounting Policies for a summary of our significant policies for revenue recognition.

Disaggregated Revenue

For Net sales by region (determined based on country of shipment) and channel, refer to Note 24, Concentrations.

We recognize virtually all of our revenues arising from performance obligations at a point in time. Less than 1% of our revenue is satisfied over time.

Contract Balances

The timing of revenue recognition, billings and cash collections results in unbilled receivables (contract assets) and billed accounts receivable, reported in Accounts, notes and other receivables – net, and customer advances and deposits (contract liabilities), reported in Accrued Liabilities, on the Consolidated and Combined Balance Sheet. Contract assets arise when the timing of cash collected from customers differs from the timing of revenue recognition. Contract assets are recognized when the revenue associated with the contract is recognized prior to billing and derecognized once invoiced in accordance with the terms of the contract. Contract liabilities are recorded in scenarios where we enter into arrangements where customers are contractually obligated to remit cash payments in advance of us satisfying performance obligations and recognizing revenue. Contract liabilities are generally derecognized when revenue is recognized.

These assets and liabilities are reported on the Consolidated and Combined Balance Sheet on a contract-by-contract basis at the end of each reporting period.

The following table summarizes our contract assets and liabilities balances:

	2018
Contract assets—January 1	$	5
Contract assets—December 31		5
Change in contract assets—Increase/(Decrease)		—
Contract liabilities—January 1	$	(7	)
Contract liabilities—December 31		(2	)
Change in contract liabilities—(Increase)/Decrease	$	5

Performance Obligations

A performance obligation is a promise in a contract to transfer a distinct good or service to the customer, and is defined as the unit of account. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. For product sales, typically each product sold to a customer represents a distinct performance obligation.

Virtually all of our performance obligations are satisfied as of a point in time. Performance obligations are supported by contracts with customers, providing a framework for the nature of the distinct goods, services or bundle of goods and services. The timing of satisfying the performance obligation is typically indicated by the terms of the contract. All performance obligations are expected to be satisfied within one year, with substantially all performance obligations being satisfied within a month.

The timing of satisfaction of our performance obligations does not significantly vary from the typical timing of payment, with cash advances (contract liabilities) and unbilled receivables (contract assets) being settled within 3 months. For some contracts, we may be entitled to receive an advance payment.

We have applied the practical expedient to not disclose the value of remaining performance obligations for contracts with an original expected term of one year or less.

Other Income and Expenses

12 Months Ended

Dec. 31, 2018

Other Income And Expenses [Abstract]

Other Expense, Net

Note 5. Other Expense, Net

	Years Ended December 31,
	2018			2017			2016
Indemnification related — post Spin-Off	$	(16	)	$	—		$	—
Asbestos related, net of probable insurance recoveries		131			132			181
Environmental remediation, non-active sites		5			(2	)		2
	$	120		$	130		$	183

Non-Operating (Income) Expense

12 Months Ended

Dec. 31, 2018

Non Operating Income Expense [Abstract]

Non-Operating (Income) Expense

Note 6. Non-Operating (Income) Expense

	Years Ended December 31,
	2018			2017			2016
Equity income of affiliated companies	$	(5	)	$	(4	)	$	(6	)
Interest income		(7	)		(14	)		(16	)
Pension ongoing (income) expense—non service		2			(1	)		5
Foreign exchange		6			—			9
Others, net		(4	)		1			3
	$	(8	)	$	(18	)	$	(5	)

Income Taxes

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Income Taxes

Note 7. Income Taxes

The sources of income (loss) from continuing operations, before income taxes, classified between domestic entities and those entities domiciled outside of the U.S., are as follows:

	Years Ended December 31,
Income before taxes	2018			2017			2016
Domestic entities	$	(99	)	$	(105	)	$	(181	)
Entities outside the U.S.		495			471			431
	$	396		$	366		$	250

Tax expense (benefit)

Tax expense (benefit) consists of:

	Years Ended December 31,
	2018			2017			2016
Current:
Federal	$	7		$	311		$	13
State		1			(2	)		2
Foreign		113			67			75
	$	121		$	376		$	90
Deferred:
Federal		(3	)		3			—
State		—			6			—
Foreign		(902	)		964			(39	)
	$	(905	)	$	973		$	(39	)
	$	(784	)	$	1,349		$	51

The U.S. federal statutory income tax rate is reconciled to our effective income tax rate as follows:

	Years Ended December 31,
	2018			2017			2016
U.S. federal statutory income tax rate		21.0	%		35.0	%		35.0	%
Taxes on non-U.S. earnings different from U.S. tax rate, net of changes in valuation allowance		1.1	%		(28.0	)%		(46.1	)%
Reserves for tax contingencies		1.0	%		(14.3	)%		7.0	%
Enactment of the Tax Act		1.0	%		364.7	%		—
Non-deductible expenses		6.0	%		11.6	%		25.3	%
Restructuring/Foreign Unremitted Earnings		(227.7	)%		—			—
All other items		(0.4	)%		(0.4	)%		(0.8	)%
		(198.0	)%		368.6	%		20.4	%

The effective tax rate decreased by 566.6 percentage points in 2018 compared to 2017. The decrease was primarily attributable to the impacts of U.S. tax reform from 2017 (see "The Tax Act" further below) and due to tax benefits from the mitigation of certain potential tax liabilities as part of the internal restructuring of Garrett’s business in advance of the Spin-Off. The Company's non-U.S. effective tax rate was (197.6)%, a decrease of approximately 417 percentage points compared to 2017. The year-over-year decrease in the non-U.S. effective tax rate was primarily driven by the Company's change in assertion regarding foreign unremitted earnings in connection with the Tax Act, decreased expense for tax reserves in various jurisdictions, and higher earnings taxed at lower rates.

The effective tax rate increased by 348.2 percentage points in 2017 compared to 2016. The increase was primarily attributable to the provisional impact of U.S. tax reform (see "The Tax Act" further below), partially offset by increased tax benefits from the resolution of tax audits. The Company's non-U.S. effective tax rate was 218.9%, an increase of approximately 210.5 percentage points compared to 2016. The year-over-year increase in the non-U.S. effective tax rate was primarily driven by the Company's change in assertion regarding foreign unremitted earnings in connection with the Tax Act, partially offset by decreased expense for tax reserves in various jurisdictions and higher earnings taxed at lower rates.

Deferred tax assets (liabilities)

The tax effects of temporary differences and tax carryforwards which give rise to future income tax benefits and payables are as follows:

	December 31,
	2018			2017
Deferred tax assets:
Pension	$	—		$	7
Other accruals and reserves		38			22
Net operating and capital losses		27			77
Depreciation and amortization		158			(8	)
Other		10			15
Total Deferred tax assets		233			113
Valuation allowance		(24	)		(48	)
Net deferred tax assets	$	209		$	65
Deferred tax liabilities:
Investment basis differences	$	(56	)	$	(980	)
Other liabilities		(15	)		—
Total deferred tax liabilities		(71	)		(980	)
Net deferred tax asset/(liability)	$	138		$	(915	)

As discussed further below, under “The Tax Act”, the Company no longer intends to reinvest the historical earnings of its foreign subsidiaries as of December 31, 2018 and has recorded a deferred tax liability, mainly comprised of non-US withholding taxes of approximately $56 million.

Our deferred tax assets of $209 million relate primarily to non-U.S. operations comprised principally of deductible temporary differences and net operating loss carryforwards (mainly in Brazil, France, Germany and Portugal). We maintain a valuation allowance of $24 million against a portion of the non-U.S. gross deferred tax assets. In the event we determine that we will not be able to realize our net deferred tax assets in the future, we will reduce such amounts through an increase to Tax expense in the period such determination is made. Conversely, if we determine that we will be able to realize net deferred tax assets in excess of the carrying amounts, we will decrease the recorded valuation allowance through a reduction to Tax expense in the period that such determination is made. Our balance sheets present a deferred tax asset of $165 million and a deferred tax liability of $27 million after taking into account jurisdictional netting.

As of December 31, 2018, our net operating loss carryforwards were as follows:

Many jurisdictions impose limitations on the timing and utilization of net operating loss carryforwards. In those instances whereby there is an expected permanent limitation on the utilization of the net operating loss or tax credit carryforward, the deferred tax asset and amount of the carryforward have been reduced.

The following table summarizes the activity related to the Company’s uncertain tax positions (excluding interest and penalties and related tax attributes):

	2018			2017			2016
Change in unrecognized tax benefits:
Balance at beginning of year	$	100		$	152		$	136
Gross increases related to current period tax positions		7			11			21
Gross increases related to prior periods tax positions		5			1			1
Gross decreases related to prior periods tax positions		(8	)		(64	)		(5	)
Decrease related to resolutions of audits with tax authorities		—			(2	)		—
Expiration of the statute of limitations for the assessment of taxes		—			—			—
Potential Indemnifications to Honeywell for US and foreign taxes as contractually obligated in connection with Tax Matters Agreement		(71	)		—			—
Foreign currency translation		(1	)		2			(1	)
Balance at end of year	$	32		$	100		$	152

As of December 31, 2018, 2017, and 2016 there were $32 million, $100 million, and $152 million, respectively, of unrecognized tax benefits that if recognized would be recorded as a component of Tax expense.

The following table summarizes tax years that remain subject to examination by major tax jurisdictions as of December 31, 2018:

	Open Tax Years Based on Originally Filed Returns
	Examination	Examination
	in Progress	Not Yet
	Jurisdiction	Initiated
U.S. Federal	2015-2016	2017-2018
U.S. State	2015-2017	2018
Germany	2008-2015	2016-2018
India	1999-2016	2017-2018
United Kingdom	2013-2015	2016-2018

* Includes provincial or similar local jurisdictions, as applicable

Based on the outcome of these examinations, or as a result of the expiration of statutes of limitations for specific jurisdictions, it is reasonably possible that certain unrecognized tax benefits for tax positions taken on previously filed tax returns will materially change from those recorded as liabilities in our financial statements. In addition, the outcome of these examinations may impact the valuation of certain deferred tax assets (such as net operating losses) in future periods.

Estimated interest and penalties related to the underpayment of income taxes are classified as a component of Tax expense in the Consolidated and Combined Statement of Operations and totaled $2 million of income attributed to recognition of previously unrecognized tax benefits, $6 million of income, and $5 million of expense for the years ended December 31, 2018, 2017, and 2016, respectively. Accrued interest and penalties were $29 million, $35 million, and $43 million, as of December 31, 2018, 2017, and 2016, respectively.

The Tax Act

On December 22, 2017, the U.S. enacted H.R. 1, commonly known as the Tax Cuts and Jobs Act (“Tax Act”) that instituted fundamental changes to the taxation of multinational corporations. The Tax Act changed the taxation of foreign earnings by implementing a dividend exemption system, expansion of the current anti-deferral rules, a minimum tax on low-taxed foreign earnings and new measures to deter base erosion. The Tax Act also included a permanent reduction in the corporate tax rate to 21%, repeal of the corporate alternative minimum tax, expensing of capital investment and limitation of the deduction for interest expense.

Furthermore, as part of the transition to the new tax system, a one-time transition tax was imposed on a U.S. shareholder’s historical undistributed earnings of foreign affiliates. Although the Tax Act was generally effective January 1, 2018, GAAP required recognition of the tax effects of new legislation during the reporting period that includes the enactment date, which was December 22, 2017.

As a result of the impacts of the Tax Act, the SEC provided guidance that allowed the Company to record provisional amounts for those impacts, with the requirement that the accounting be completed in a period not to exceed one year from the date of enactment. As of December 31, 2018, the Company has completed the accounting for the tax effects of the Tax Act. The primary impacts of the Tax Act relate to the re-measurement of deferred tax assets and liabilities resulting from the change in the corporate tax rate (“Corporate Tax Rate Change”); the one-time mandatory transition tax on undistributed earnings of foreign affiliates (“MTT”); and deferred taxes in connection with a change in the Company’s intent to permanently reinvest the historical undistributed earnings of its foreign affiliates (“Undistributed Foreign Earnings”).

Corporate Tax Rate Change—For the year ended December 31, 2017 when the Business was still part of Honeywell and its consolidated tax return filings, we recorded a tax expense of less than $1 million due to the decrease in the corporate tax rate from 35% to 21% with respect to the remeasurement of the deferred tax assets and liabilities.

At the date of enactment, the Company had a deferred tax asset for the excess of its tax basis over net book value of its U.S. assets and liabilities that will generate future tax deductions in excess of book value. Due to the Tax Act, these additional tax deductions will be subject to tax at a lower corporate tax rate, consequently reducing the Company’s deferred tax asset as of the date of enactment.

Mandatory Transition Tax—For the year ended December 31, 2017, we recorded a provisional tax charge of approximately $354 million determined as if the Company was a stand-alone business due to the imposition of the MTT on the deemed repatriation of undistributed foreign earnings.

The Tax Act imposes a one-time tax on undistributed and previously untaxed post-1986 foreign earnings and profits (“E&P”) as determined in accordance with U.S. tax principles of certain foreign corporations owned by U.S. shareholders. In general, we estimated $1.7 billion of E&P related to our foreign affiliates that is subject to the MTT. The MTT is imposed at a rate of 15.5% to the extent of the cash and cash equivalents that are held by the foreign affiliates at certain testing dates; the remaining E&P is taxed at a rate of 8.0%. As a result of Honeywell finalizing its computation of the MTT, Garrett was allocated an indemnity obligation of $240 million. The Company has completed its analysis of the impact of the Tax Act and fully recorded this impact.

In addition, pursuant to the Tax Matters Agreement, we will be required to make payments to a subsidiary of Honeywell in an amount payable in Euros (calculated by reference to the Distribution Date Currency Exchange Rate) representing the net tax liability of Honeywell under the mandatory transition tax attributable to the Business, as determined by Honeywell. Following the Spin-Off which occurred in October 2018, Honeywell has determined the portion of its net tax liability attributable to the Business is $240 million. The amount will be payable in installments over 8 years and may be adjusted at Honeywell’s discretion in the event of an audit adjustment or otherwise. Furthermore, Honeywell will control any subsequent tax audits or legal proceedings with respect to the mandatory transition tax, and accordingly we do not expect to be able to make definitive decisions regarding settlements or other outcomes that could influence our potential related exposure.

Undistributed Foreign Earnings—For the year ended December 31, 2017, we recorded a tax charge of $980 million due to the Company’s intent to not permanently reinvest the historical undistributed earnings of its foreign affiliates. The amount was calculated as if the Company was operating on a stand-alone basis for the full year and filed separate tax returns in the jurisdictions in which it operates. The Company has completed its analysis of the impact of the Tax Act and fully recorded this impact.

We previously considered substantially all of the earnings in our non-U.S. subsidiaries to be permanently reinvested and, accordingly, recorded no deferred income taxes on such earnings. As a result of the fundamental changes to the taxation of multinational corporations created by the Tax Act, the Company no longer intends to permanently reinvest the historical undistributed earnings of its foreign affiliates which amount to approximately $1.7 billion as of December 31, 2018 (including current year earnings). GAAP requires recognition of a deferred tax liability in the reporting period in which its intent to no longer permanently reinvest its historical undistributed foreign earnings is made. Although no U.S. federal taxes will be imposed on such future distributions of foreign earnings, in many cases the cash transfer will be subject to foreign withholding and other local taxes. Accordingly, at December 31, 2018, the Company has included a deferred tax liability of $56 million, mostly related to non-U.S. withholding taxes. Further, the Company previously recorded its provisional estimate based on E&P as distributable reserves was not available at that time. We have finalized our analysis using distributable reserves to compute the deferred tax liability.

Global Intangible Low-Taxed Income—In addition to the changes described above, the Tax Act imposes a U.S. tax on global intangible low-taxed income (“GILTI”) that is earned by certain foreign affiliates owned by a U.S. shareholder. The computation of GILTI is still subject to interpretation and additional clarifying guidance is expected, but is generally intended to impose tax on earnings of a foreign corporation that are deemed to exceed a certain threshold return relative to the underlying business investment. For purposes of the Consolidated and Combined Financial Statements, future taxes related to GILTI have not been included as they are being recorded as a current period expense in the reporting period in which the tax is incurred.

Supplemental Cash Flow Information— Included in Income taxes paid, net of refunds for 2017 on the Consolidated and Combined Statements of Cash Flows is the provisional tax charge settled with the Former Parent of $354 million due to the imposition of the mandatory transition tax on the deemed repatriation of certain undistributed foreign earnings. As noted above within the Mandatory Transition Tax section, this liability was ultimately reduced to $240 million in 2018 as an adjustment to equity in connection with the opening balance sheet (and will be paid to Honeywell over an 8 year period). Additionally, included within the change in 2017 deferred income taxes is the provisional tax charge of $980 million related to a reduction of estimated foreign and state taxes on undistributed earnings of its foreign affiliates. As noted above under “Tax expense (benefit)”, the Company recorded a tax benefit due to the mitigation of certain potential tax liabilities as part of the internal restructuring of Garrett’s business in advance of the Spin-Off. The balance as of December 31, 2018 is $56 million.

Accounts, Notes and Other Receivables—Net

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Accounts, Notes and Other Receivables—Net

Note 8. Accounts, Notes and Other Receivables—Net

	December 31, 2018			December 31, 2017
Trade receivables	$	593		$	592
Notes receivables		93			83
Other receivables		67			73
	$	753		$	748
Less—Allowance for doubtful accounts		(3	)		(3	)
	$	750		$	745

Trade Receivables include $5 million and $6 million of unbilled balances as of December 31, 2018 and 2017, respectively. These amounts are billed in accordance with the terms of customer contracts to which they relate. See Note 4 Revenue Recognition and Contracts with Customers.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Inventories-Net

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

Inventories-Net

Note 9. Inventories—Net

	December 31, 2018			December 31, 2017
Raw materials	$	112		$	118
Work in process		19			20
Finished products		64			73
	$	195		$	211
Less—Reserves		(23	)		(23	)
	$	172		$	188

Other Current Assets

12 Months Ended

Dec. 31, 2018

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Other Current Assets

Note 10. Other Current Assets

	December 31,
	2018		2017
Marketable securities^(a)	$	—	$	298
Insurance recoveries for asbestos-related liabilities		—		17
Prepaid expenses		14		3
Taxes receivable		35		—
Advanced discounts to customers, current		9		—
Customer reimbursable engineering		10		3
Other		3		—
	$	71	$	321

(a)	Represents time deposits greater than 90 days, but less than a year.

Property, Plant and Equipment - Net

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

Property, Plant and Equipment - Net

Note 11. Property, Plant and Equipment—Net

	December 31,
	2018			2017
Machinery and equipment	$	623		$	720
Tooling		306			291
Buildings and improvements		136			145
Construction in progress		57			65
Software		54			54
Land and improvements		16			14
Others		24			25
		1,216			1,314
Less—Accumulated depreciation and amortization		(778	)		(872	)
	$	438		$	442

Depreciation and amortization expense was $72 million, $64 million and $59 million in 2018, 2017 and 2016, respectively.

Goodwill

12 Months Ended

Dec. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill

Note 12. Goodwill

The change in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 is as follows:

December 31,

2017

Currency

Translation

Adjustment

December 31,

2018

Goodwill

193

—

193

Accrued Liabilities

12 Months Ended

Dec. 31, 2018

Accrued Liabilities Current [Abstract]

Accrued Liabilities

Note 13. Accrued Liabilities

	December 31, 2018		December 31, 2017
Asbestos-related liabilities^(a)	$	—	$	185
Customer pricing reserve		107		114
Compensation, benefit and other employee related		71		65
Repositioning		15		60
Product warranties and performance guarantees		32		28
Other taxes		113		22
Advanced discounts from suppliers, current		17		12
Customer advances and deferred income^(b)		14		21
Accrued interest		6		—
Other (primarily operating expenses)		51		64
	$	426	$	571

(a)

For periods prior to the Spin-Off, we reflect an estimated liability for resolution of pending and future asbestos-related liabilities primarily related to the Bendix legacy Honeywell business, calculated as if we were responsible for 100% of the Bendix asbestos-liability payments. In periods subsequent to the Spin-Off, the accounting for the majority of our asbestos-related liability payments and accounts payable reflect the terms of the Indemnification and Reimbursement Agreement with Honeywell. Such liabilities are recorded in Obligations payable to Honeywell. Refer to Note 21 Commitments and Contingencies.

(b)	Customer advances and deferred income include $2 million and $7 million of contract liabilities as of December 31, 2018 and 2017, respectively. See Note 4 Revenue Recognition and Contracts with Customers.

The Company accrued repositioning costs related to projects to optimize our product costs and to right-size our organizational structure. Expenses related to the repositioning accruals are included in Cost of goods sold in our Consolidated and Combined Statement of Operations.

	Severance Costs			Exit Costs			Total
Balance at December 31, 2016	$	35		$	8		$	43
Charges		20			—			20
Usage—cash		(6	)		(2	)		(8	)
Foreign currency translation		4			1			5
Balance at December 31, 2017		53			7			60
Charges		2			—			2
Usage—cash		(42	)		(5	)		(47	)
Foreign currency translation		—			—			—
Balance at December 31, 2018	$	13		$	2		$	15

Long-term Debt and Credit Agreements

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Long-term Debt and Credit Agreements

Note 14. Long-term Debt and Credit Agreements

The principal amounts outstanding on long-term debt and the revolving credit facility are as follows:

	December 31, 2018
Term Loan A	$	374
Term Loan B		853
Senior Notes		401
		1,628
Less: current portion		(23	)
	$	1,605

On September 27, 2018, we entered into a Credit Agreement, by and among us, Garrett LX I S.à r.l., Garrett LX II S.à r.l. (“Lux Guarantor”), Garrett LX III S.à r.l. (“Lux Borrower”), Garrett Borrowing LLC (in such capacity, the “US Co-Borrower”), and Honeywell Technologies Sàrl (“Swiss Borrower” and, together with Lux Borrower and US Co-Borrower, the “Borrowers”), the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Credit Agreement”).

The Credit Agreement provides for senior secured financing of approximately the Euro equivalent of $1,254 million, consisting of (i) a seven-year senior secured first-lien term B loan facility, which consists of a tranche denominated in Euro of €375 million and a tranche denominated in U.S. Dollars of $425 million (the “Term B Facility”), (ii) five-year senior secured first-lien term A loan facility in an aggregate principal amount of €330 million (the “Term A Facility” and, together with the Term B Facility, the “Term Loan Facilities”) and (iii) a five-year senior secured first-lien revolving credit facility in an aggregate principal amount of €430 million with revolving loans to Swiss Borrower, to be made available in a number of currencies including Australian Dollars, Euros, Pounds Sterling, Swiss Francs, U.S. Dollars and Yen (the “Revolving Facility” and, together with the Term Loan Facilities, the “Senior Credit Facilities”). Each of the Revolving Facility and the Term A Facility matures five years after the effective date of the Credit Agreement, in each case with certain extension rights in the discretion of each lender. The Term B Facility matures seven years after the effective date of the Credit Agreement, with certain extension rights in the discretion of each lender.

The Senior Credit Facilities are subject to an interest rate, at our option, of either (a) base rate determined by reference to the highest of (1) the rate of interest last quoted by The Wall Street Journal as the “prime rate” in the United States, (2) the greater of the federal funds effective rate and the overnight bank funding rate, plus 0.5% and (3) the one month adjusted LIBOR rate, plus 1% per annum (“ABR”), (b) an adjusted LIBOR rate (“LIBOR”) (which shall not be less than zero), or (c) an adjusted EURIBOR rate (“EURIBOR”) (which shall not be less than zero), in each case, plus an applicable margin. The applicable margin for the U.S. Dollar tranche of the Term B Facility is currently 2.50% per annum (for LIBOR loans) and 1.50% per annum (for ABR loans) while that for the Euro tranche of the Term B Facility is currently 2.75% per annum (for EURIBOR loans). The applicable margin for each of the Term A Facility and the Revolving Credit Facility varies based on our leverage ratio. Accordingly, the interest rates for the Senior Credit Facilities will fluctuate during the term of the Credit Agreement based on changes in the ABR, LIBOR, EURIBOR or future changes in our leverage ratio. Interest payments with respect to the Term Loan Facilities are required either on a quarterly basis (for ABR loans) or at the end of each interest period (for LIBOR and EURIBOR loans) or, if the duration of the applicable interest period exceeds three months, then every three months.

We are obligated to make quarterly principal payments throughout the term of the Term Loan Facilities according to the amortization provisions in the Credit Agreement. Borrowings under the Credit Agreement are prepayable at our option without premium or penalty, subject to a 1.00% prepayment premium in connection with any repricing transaction with respect to the Term B Facility in the first six months after the effective date of the Credit Agreement. We may request to extend the maturity date of all or a portion of the Senior Credit Facilities subject to certain conditions customary for financings of this type. The Credit Agreement also contains certain mandatory prepayment provisions in the event that we incur certain types of indebtedness or receive net cash proceeds from certain non-ordinary course asset sales or other dispositions of property, in each case subject to terms and conditions customary for financings of this type.

The schedule of principal payments on long-term debt and the revolving credit facility is as follows:

	December 31, 2018
2019	$	23
2020		28
2021		47
2022		65
2023		231
Thereafter		1,234
	$	1,628
Less: current portion		(23	)
	$	1,605

The Credit Agreement contains certain affirmative and negative covenants customary for financings of this type that, among other things, limit our and our subsidiaries’ ability to incur additional indebtedness or liens, to dispose of assets, to make certain fundamental changes, to enter into restrictive agreements, to make certain investments, loans, advances, guarantees and acquisitions, to prepay certain indebtedness and to pay dividends, to make other distributions or redemptions/ repurchases, in respect of the our and our subsidiaries’ equity interests, to engage in transactions with affiliates, amend certain material documents or to permit the International Financial Reporting Standards equity amount of Lux Borrower to decrease below a certain amount. The Credit Agreement also contains financial covenants requiring the maintenance of a consolidated total leverage ratio of not greater than 4.25 to 1.00 (with step-downs to (i) 4.00 to 1.00 in approximately 2019, (ii) 3.75 to 1.00 in approximately 2020 and (iii) 3.50 to 1.00 in approximately 2021), and a consolidated interest coverage ratio of not less than 2.75 to 1.00. We are in compliance with our financial covenants as of December 31, 2018.

On September 27, 2018, we completed the offering of €350 million (approximately $400 million) in aggregate principal amount of 5.125% senior notes due 2026 (the “Senior Notes”). The Senior Notes bear interest at a fixed annual interest rate of 5.125% and mature on October 15, 2026.

The Senior Notes were issued pursuant to an Indenture, dated September 27, 2018 (the “Indenture”), which, among other things and subject to certain limitations and exceptions, limits our ability and the ability of our restricted subsidiaries to: (i) incur, assume or guarantee additional indebtedness or issue certain disqualified equity interests and preferred shares, (ii) pay dividends or distributions on, or redeem or repurchase, capital stock and make other restricted payments, (iii) make investments, (iv) consummate certain asset sales or transfers, (v) engage in certain transactions with affiliates, (vi) grant or assume certain liens on assets to secure debt unless the Senior Notes are secured equally and ratably (vii) restrict dividends and other payments by certain of their subsidiaries and (vii) consolidate, merge, sell or otherwise dispose of all or substantially all of our or our restricted subsidiaries’ assets.

All debt issuance costs, except for those associated to the Revolving Credit Facility, are deferred and recognized as a direct deduction to the related debt liability and are amortized to interest expense over the debt term. The company paid approximately $37 million of debt issuance costs in connection with the Term A Facility, Term B Facility, and Senior Notes.

The unutilized portion of the Revolving Credit Facility is subject to an annual commitment fee of 0.40% to 0.50% depending on the Company’s consolidated leverage ratio. Debt issuance costs associated with the Revolving Credit Facility were capitalized in Other assets and are amortized to interest expense over the debt term. Approximately, $6 million of debt issuance costs were paid in connection with the Revolving Credit Facility.

Lease Commitments

12 Months Ended

Dec. 31, 2018

Leases [Abstract]

Lease Commitments

Note 15. Lease Commitments

Future minimum lease payments under operating leases having initial non-cancellable lease terms in excess of one year are as follows:

	December 31, 2018
2019	$	12
2020		8
2021		5
2022		4
2023		4
Thereafter		15
	$	48

Rent expense was $14 million, $10 million and $11 million in 2018, 2017 and 2016, respectively.

Financial Instruments and Fair Value Measures

12 Months Ended

Dec. 31, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Financial Instruments and Fair Value Measures

Note 16. Financial Instruments and Fair Value Measures

Credit and Market Risk—We continually monitor the creditworthiness of our customers to which we grant credit terms in the normal course of business. The terms and conditions of our credit sales are designed to mitigate or eliminate concentrations of credit risk with any single customer.

Foreign Currency Risk Management—We are exposed to market risks from changes in currency exchange rates. These exposures may impact future earnings and/or operating cash flows. Our exposure to market risk for changes in foreign currency exchange rates arises from international financing activities between subsidiaries, foreign currency denominated monetary assets and liabilities and transactions arising from international trade.

For the periods prior to the Spin-Off, as part of Honeywell´s centralized treasury function, the primary objective was to preserve the U.S. Dollar value of foreign currency denominated cash flows and earnings. We hedged major exposures to foreign currency denominated cash flows to smoothen the effects of fluctuations in foreign currency exchange rates on earnings. We designated the related hedging instruments as cash flow hedges, except in cases where the hedged item was recognized on balance sheet. The gain or loss from a derivative financial instrument designated as a cash flow hedge was classified in the same line of the Consolidated and Combined Statements of Operations as the offsetting loss or gain on the hedged item.

The historical treasury strategies implemented by Honeywell’s centralized treasury function differ from our treasury strategy as a standalone company, which is described below.

We hedge currency exposures with natural offsets to the fullest extent possible and, once these opportunities have been exhausted, through foreign currency exchange forward contracts (foreign currency exchange contracts). We hedge monetary assets and liabilities denominated in non-functional currencies. Prior to conversion into U.S. dollars, these assets and liabilities are remeasured at spot exchange rates in effect on the balance sheet date. The effects of changes in spot rates are recognized in earnings and included in Non-operating (income) expense. Open foreign currency exchange contracts (excluding the below cross-currency swap) mature in the next four months.

At December 31, 2018 and December 31, 2017, we had contracts with aggregate gross notional amounts of $838 million and $928 million, respectively, to exchange foreign currencies, principally the U.S. Dollar, Euro, Chinese Yuan, Japanese Yen, Mexican Peso, New Romanian Leu, Australian Dollar and Korean Won.

Fair Value of Financial Instruments—The FASB’s accounting guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price).

Financial and nonfinancial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2018 and December 31, 2017:

					Fair Value
	Notional Amounts				Assets					Liabilities
	December 31, 2018		December 31, 2017		December 31, 2018			December 31, 2017		December 31, 2018			December 31, 2017
Designated forward currency exchange contracts	$	—	$	556	$	—		$	—	$	—		$	35	^(d)
Undesignated instruments:
Undesignated cross-currency swap		425		—		16	^(a)		—		—			—
Undesignated forward currency exchange contracts		413		372		4	^(b)		—		1	^(c)		2	^(d)
		838		372		20			—		1			2
	$	838	$	928	$	20		$	—	$	1		$	37

(a)	Recorded within Other assets in the Company’s Consolidated and Combined Balance Sheets

(b)	Recorded within Other current assets in the Company’s Consolidated and Combined Balance Sheets

(c)	Recorded within Accrued liabilities in the Company’s Consolidated and Combined Balance Sheets

(d)	Recorded within Due to related parties in the Company’s Consolidated and Combined Balance Sheet

On September 27, 2018, the Company entered into a floating-floating cross-currency swap contract to hedge the foreign currency exposure from foreign currency-denominated debt which will mature on September 27, 2025. The gain or loss on this derivative instrument is recognized in earnings and included in Non-operating (income) expense. For the year ended December 31, 2018, gains recorded in Non-operating (income) expense, under the cross-currency swap contract were $16 million.

The foreign currency exchange and cross-currency swap contracts are valued using market observable inputs. As such, these derivative instruments are classified within Level 2. The assumptions used in measuring fair value of the cross-currency swap are considered level 2 inputs, which are based upon market observable interest rate curves, cross currency basis curves, credit default swap curves, and foreign exchange rates.

The carrying value of Cash and cash equivalents, Marketable securities (Level 2), Account receivables, notes and other receivables, Due from related parties, Account payables, and Due to related parties contained in the Consolidated and Combined Balance Sheets approximates fair value.

The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value:

	December 31, 2018
	Carrying Value		Fair Value
Long-term debt and related current maturities	$	1,592	$	1,548

The Company determined the fair value of certain of its long-term debt and related current maturities utilizing transactions in the listed markets for similar liabilities. As such, the fair value of the long-term debt and related current maturities is considered level 2.

Other Liabilities

12 Months Ended

Dec. 31, 2018

Other Liabilities Disclosure [Abstract]

Other Liabilities

Note 17. Other Liabilities

	Years Ended December 31,
	2018		2017
Pension and other employee related	$	71	$	54
Advanced discounts from suppliers		63		53
Income taxes		59		42
Other		16		12
	$	209	$	161

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2018

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Comprehensive Income (Loss)

Note 18. Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) are provided in the tables below:

	Pre-Tax			Tax			After-Tax
Year Ended December 31, 2016
Foreign exchange translation adjustment	$	29		$	—		$	29
Pension adjustments		(12	)		—			(12	)
Changes in fair value of effective cash flow hedges		38			(5	)		33
	$	55		$	(5	)	$	50
Year Ended December 31, 2017
Foreign exchange translation adjustment	$	72		$	—		$	72
Pension adjustments		—			—			—
Changes in fair value of effective cash flow hedges		(84	)		7			(77	)
	$	(12	)	$	7		$	(5	)
Year Ended December 31, 2018
Foreign exchange translation adjustment	$	(198	)	$	—		$	(198	)
Pension adjustments		(2	)		—			(2	)
Changes in fair value of effective cash flow hedges		37			(2	)		35
	$	(163	)	$	(2	)	$	(165	)

Changes in Accumulated Other Comprehensive Income (Loss) by Component

										Total
	Foreign			Changes in Fair						Accumulated
	Exchange			Value of						Other
	Translation			Effective Cash			Pension			Comprehensive
	Adjustment			Flow Hedges			Adjustments			Income (Loss)
Balance at December 31, 2016	$	212		$	42		$	(11	)	$	243
Other comprehensive income (loss) before reclassifications		72			(66	)		—			6
Amounts reclassified from accumulated other comprehensive income (loss)		—			(11	)		—			(11	)
Net current period other comprehensive income (loss)		72			(77	)		—			(5	)
Balance at December 31, 2017	$	284		$	(35	)	$	(11	)	$	238
Other comprehensive income (loss) before reclassifications		(198	)		12			(5	)		(191	)
Amounts reclassified from accumulated other comprehensive income		—			23			3			26
Net current period other comprehensive income (loss)		(198	)		35			(2	)		(165	)
Balance at December 31, 2018	$	86		$	—		$	(13	)	$	73

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

Year ended December 31, 2018
Affected Line in the Consolidated and Combined Statement of Operations
						Selling,
				Cost of		General and
	Net			Goods		Administrative		Non-Operating (Income)
	Sales			Sold		Expenses		Expense		Total
Amortization of Pension and Other Postretirement Items:
Actuarial losses recognized	$	—		$	—	$	—	$	3	$	3
Losses (gains) on cash flow hedges		(1	)		26		—		—		25
Tax expense (benefit)											(2	)
Total reclassifications for the period, net of tax										$	26

Year ended December 31, 2017
Affected Line in the Consolidated and Combined Statement of Operations
						Selling,
			Cost of			General and
	Net		Goods			Administrative		Non-Operating (Income)
	Sales		Sold			Expenses		Expense		Total
Amortization of Pension and Other Postretirement Items:
Actuarial losses recognized	$	—	$	—		$	—	$	—	$	—
Losses (gains) on cash flow hedges		—		(14	)		—		—		(14	)
Tax expense (benefit)											3
Total reclassifications for the period, net of tax										$	(11	)

Stock-Based Compensation

12 Months Ended

Dec. 31, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Compensation

Note 19. Stock-Based Compensation

On September 14, 2018, our Board adopted, and Honeywell, as our sole stockholder, approved, the 2018 Stock Incentive Plan of Garrett Motion Inc. and its Affiliates (the “Stock Incentive Plan”) and the 2018 Stock Plan for Non-Employee Directors (the “Director Equity Plan”). The Stock Incentive Plan provides for the grant of stock options, stock appreciation rights, performance awards, restricted stock units, restricted stock, other stock-based awards, and cash-based awards to employees of Garrett or its affiliates, and independent contractors or consultants of Garrett. The maximum aggregate number of shares of our common stock that may be issued under the Stock Incentive Plan is 10,000,000 shares and, for the Director Equity Plan, 400,000 shares. Up to 5,000,000 shares may be granted as incentive stock options under the Stock Incentive Plan.

As of December 31, 2018, 6,620,619 shares of our common stock were available for future issuance under the Stock Incentive Plan.

As of December 31, 2018, no awards have been granted to members of our Board under the Director Equity Plan and 400,000 shares of our common stock remain available for future issuance under such plan.

Restricted Stock Units —Restricted stock unit (“RSU”) awards are issued to certain key employees and directors at fair market value at the date of grant. RSUs typically vest over a period of three or four years, and when vested, each unit entitles the holder to one share of our common stock.

•

In 2018, 496,240 RSUs were granted to officers of Garrett with three- and four-year vesting periods pursuant to the Stock Incentive Plan.

•

In connection with the Spin-Off, any Honeywell equity awards held by our employees that were outstanding and unvested as of the date of the Spin-Off were terminated and canceled in accordance with their terms and we issued replacement RSU awards in the amount of 2,848,541 RSUs under our Stock Incentive Plan. The vesting schedule for each replacement award is substantially the same as that of the forfeited award. These replacement awards were intended to preserve the intrinsic value of the forfeited awards as of the Spin-Off. As a result, there was no incremental stock-based compensation expense recorded. Compensation expense for these awards will continue to be recognized ratably over the remaining term of the unvested awards, which ranges from 0 to 5.4 years as of the date of the Spin-Off, and shall be based on management's estimate of the number of shares expected to vest.

The following table summarizes information about RSU activity related to our Stock Incentive Plan for the year ended December 31, 2018:

	Number of Restricted Stock Units			Weighted Average Grant Date Fair Value Per Share
Non-vested at October 1, 2018		2,848,541		$	8.70
Granted		530,840			17.76
Vested		(4,452	)		6.67
Forfeited		(5,307	)		14.16
Non-vested at December 31, 2018		3,369,622		$	10.12

As of December 31, 2018, there was approximately $25 million of total unrecognized compensation cost related to unvested RSUs granted under our Stock Incentive Plan, which is expected to be recognized over a weighted-average period of 2.8 years.

The following table summarizes information about the income statement impact from RSUs for the year ended December 31, 2018:

Compensation expense		$	5
Future income tax benefit recognized			1

Stock Based Awards Granted by Honeywell—For periods prior to the Spin-Off, Honeywell maintained stock-based compensation plans for the benefit of its officers, directors and employees. Under the Former Parent´s stock-based compensation plans, Honeywell awarded RSUs, stock options and PSUs to certain employees. Stock-based compensation expense related to awards granted by Honeywell recognized in the Consolidated and Combined Statements of Operations amounted to $16 million, $15 million and $12 million for the years ended December 31, 2018, 2017 and 2016, respectively, of which approximately $10 million, $8 million and $5 million are specifically identified for employees within the Business, respectively and $6 million, $7 million and $7 million is related to shared employees not specifically identifiable to the Business, respectively. These amounts represent stock-based compensation expenses attributable to the Business based on the awards and terms previously granted under the incentive compensation plans to employees within the Business and an allocation of Former Parent’s corporate and shared functional employee stock based compensation expenses. Accordingly, the amounts presented are not necessarily indicative of current and future awards and do not necessarily reflect the results that the Business would have experienced as an independent company for the periods presented.

The activity related to stock based awards granted by Honeywell to employees of the Business for the year ended December 31, 2017 consisted of the following:

	RSUs						Options
					Wtd Avg
	Number of				Grant Date		Number of				Wtd Avg
	RSUs				Fair Value		Options				Exercise Price
Outstanding as of December 31, 2016		163,110			$	96		475,476			$	87
Granted^(a)		45,503				131		162,600				125
Vested/exercised		(41,137	)			83		(121,231	)			79
Outstanding as of December 31, 2017		167,476		^(b)(c)	$	108		516,845		^(d)	$	101

(a)	Primarily represents awards granted by Honeywell in February and July 2017.

(b)	Aggregate unrecognized compensation expense related to RSUs was $9.4 million as of December 31, 2017, which is expected to be recognized over a weighted average period of 3.6 years.

(c)	Substantially all RSUs outstanding as of December 31, 2017 are expected to vest over time.

(d)	Aggregate unrecognized compensation expense related to stock options was $4.2 million as of December 31, 2017, which is expected to be recognized over a weighted average period of 2.5 years.

Earnings Per Share

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

Note 20. Earnings Per Share

On October 1, 2018, the date of consummation of the Spin-Off, 74,070,852 shares of the Company’s common stock were distributed to Honeywell stockholders of record as of September 18, 2018 who held their shares through the Distribution Date. Basic and Diluted EPS for all historical periods prior to the Spin-Off reflect the number of distributed shares, or 74,070,852 shares. For 2018, these shares are treated as issued and outstanding from January 1, 2018 to the Spin-Off for purposes of calculating basic earnings per share.

The details of the earnings per share calculations for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Years Ended December 31,
	2018		2017			2016
Basic
Net Income	$	1,180	$	(983	)	$	199
Weighted average common shares outstanding		74,059,240		74,070,852			74,070,852
EPS – Basic	$	15.93	$	(13.27	)	$	2.69

	Years Ended December 31,
	2018		2017			2016
Diluted
Net Income	$	1,180	$	(983	)	$	199
Weighted average common shares outstanding – Basic		74,059,240		74,070,852			74,070,852
Dilutive effect of unvested RSUs		342,908		—			—
Weighted average common shares outstanding – Diluted		74,402,148		74,070,852			74,070,852
EPS – Diluted	$	15.86	$	(13.27	)	$	2.69

Diluted EPS is computed based upon the weighted average number of common shares outstanding for the year plus the dilutive effect of common stock equivalents using the treasury stock method and the average market price of our common stock for the year. There were no anti-dilutive shares excluded from the computation of Diluted EPS for any of the periods presented.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2018

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 21. Commitments and Contingencies

Obligations payable to Honeywell

Honeywell is a defendant in asbestos-related personal injury actions mainly related to its legacy Bendix friction materials (“Bendix”) business. The Bendix business manufactured automotive brake linings that contained chrysotile asbestos in an encapsulated form. Claimants consist largely of individuals who allege exposure to asbestos from brakes from either performing or being in the vicinity of individuals who performed brake replacements. Certain operations that were part of the Bendix business were transferred to Garrett.

In connection with the Spin-Off, we entered into an Indemnification and Reimbursement Agreement with Honeywell on September 12, 2018. As of the Spin-Off date of October 1, 2018, we are obligated to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. Pursuant to the terms of this Indemnification and Reimbursement Agreement, we are responsible for paying to Honeywell such amounts, up to a cap of an amount equal to the Euro-to-U.S. dollar exchange rate determined by Honeywell as of a date within two business days prior to the date of the Distribution (1.16977 USD = 1 EUR) equivalent of $175 million in respect of such liabilities arising in any given calendar year. The payments that we are required to make to Honeywell pursuant to the terms of this agreement will not be deductible for U.S. federal income tax purposes. The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement. During the fourth quarter of 2018, we paid Honeywell the Euro-equivalent of $41 million in connection with the Indemnification and Reimbursement Agreement.

On September 12, 2018, we also entered into a Tax Matters Agreement with Honeywell (the “Tax Matters Agreement”), which governs the respective rights, responsibilities and obligations of Honeywell and us after the Spin-Off with respect to all tax matters (including tax liabilities, tax attributes, tax returns and tax contests). The Tax Matters Agreement generally provides that, following the Spin-Off date of October 1, 2018, we are responsible and will indemnify Honeywell for all taxes, including income taxes, sales taxes, VAT and payroll taxes, relating to Garrett for all periods, including periods prior to the completion date of the Spin-Off. Among other items, as a result of the mandatory transition tax imposed by the Tax Cuts and Jobs Act, one of our subsidiaries is required to make payments to a subsidiary of Honeywell in the amount representing the net tax liability of Honeywell under the mandatory transition tax attributable to us, as determined by Honeywell. We currently estimate that our aggregate payments to Honeywell with respect to the mandatory transition tax will be $240 million. Under the terms of the Tax Matters Agreement, we are required to pay this amount in Euros, without interest, in five annual installments, each equal to 8% of the aggregate amount, followed by three additional annual installments equal to 15%, 20% and 25% of the aggregate amount, respectively. In connection with this agreement, we paid Honeywell the Euro-equivalent of $19 million during the fourth quarter of 2018.

In addition, the Tax Matters Agreement addresses the allocation of liability for taxes incurred as a result of restructuring activities undertaken to effectuate the Spin-Off. The Tax Matters Agreement also provides that we are required to indemnify Honeywell for certain taxes (and reasonable expenses) resulting from the failure of the Spin-Off and related internal transactions to qualify for their intended tax treatment under U.S. federal, state and local income tax law, as well as foreign tax law. Further, the Tax Matters Agreement also imposes certain restrictions on us and our subsidiaries (including restrictions on share issuances, redemptions or repurchases, business combinations, sales of assets and similar transactions) that are designed to address compliance with Section 355 of the Internal Revenue Code of 1986, as amended, and are intended to preserve the tax-free nature of the Spin-Off.

The following table summarizes our Obligation payable to Honeywell related to these agreements following the Spin-Off:

	2018
	Asbestos and environmental			Tax Matters			Total
Beginning of year	$	—		$	—		$	—
Spin-Off related adjustments		1,328			308			1,636
Accrual for update to estimated liability		(30	)		—			(30	)
Legal fees expensed		14			—			14
Payments to Honeywell		(41	)		(19	)		(60	)
Currency translation adjustment		(27	)		(7	)		(34	)
End of year	$	1,244		$	282		$	1,526

Current		108			19			127
Non-current		1,136			263			1,399
Total	$	1,244		$	282		$	1,526

Asbestos Matters

For the periods prior to the Spin-Off, these Consolidated and Combined Financial Statements reflect an estimated liability for resolution of pending and future asbestos-related and environmental liabilities primarily related to the Bendix legacy Honeywell business, calculated as if we were responsible for 100% of the Bendix asbestos-liability payments. However, this recognition model differs from the recognition model applied subsequent to the Spin-Off as outlined above. In periods subsequent to the Spin-Off, the accounting for the majority of our asbestos-related liability payments and accounts payable reflect the terms of the Indemnification and Reimbursement Agreement with Honeywell entered into on September 12, 2018, under which we are required to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.

The following table summarizes information concerning both Bendix and other asbestos-related balances. Other represents asbestos liabilities related to claimants outside the United States.

Asbestos-Related Liabilities

	Year ended December 31, 2018									Year ended December 31, 2017									Year ended December 31, 2016
	Bendix			Other			Total			Bendix			Other			Total			Bendix			Other		Total
Beginning of year	$	1,703		$	9		$	1,712		$	1,789		$	6		$	1,795		$	1,793		$	6	$	1,799
Accrual for update to estimated liabilities		141			—			141			199			4			203			203			—		203
Change in estimated cost of future claims		—			—			—			(65	)		—			(65	)		(10	)		—		(10	)
Update of expected resolution values for pending claims		—			—			—			3			—			3			4			—		4
Asbestos-related liability payments		(151	)		(4	)		(155	)		(223	)		(1	)		(224	)		(201	)		—		(201	)
Spin-Off related adjustments		(1,693	)		(4	)		(1,697	)		—			—			—			—			—		—
End of year	$	—		$	1		$	1		$	1,703		$	9		$	1,712		$	1,789		$	6	$	1,795

Insurance Recoveries for Asbestos-Related Liabilities

	2018			2017			2016
	Bendix			Bendix			Bendix
Beginning of year	$	191		$	201		$	222
Probable insurance recoveries related to estimated liability		10			10			8
Insurance receipts for asbestos-related liabilities		(24	)		(20	)		(37	)
Insurance receivables settlements and write-offs		1			—			7
Other		—			—			1
Spin-Off related adjustments		(178	)		—			—
	$	—		$	191		$	201

Asbestos balances are included in the following balance sheet accounts:

	December 31,
	2018		2017
Other current assets	$	—	$	17
Insurance recoveries for asbestos-related liabilities		—		174
	$	—	$	191
Accrued liabilities	$	—	$	185
Asbestos-related liabilities		1		1,527
	$	1	$	1,712

The following tables present information regarding Bendix-related asbestos claims activity:

	Years Ended December 31,
Claims Activity	2018			2017
Claims Unresolved at the beginning of year		6,280			7,724
Claims Filed		2,430			2,645
Claims Resolved		(2,501	)		(4,089	)
Claims Unresolved at the end of the year		6,209			6,280

	December 31,
Disease Distribution of Unresolved Claims	2018		2017
Mesothelioma and Other Cancer Claims		2,949		3,062
Nonmalignant Claims		3,260		3,218
Total Claims		6,209		6,280

Honeywell has experienced average resolutions per Bendix-related asbestos claim, excluding legal costs, as follows:

	Years Ended December 31,
	2018		2017		2016		2015		2014
					(in whole dollars)
Malignant claims	$	55,300	$	56,000	$	44,000	$	44,000	$	53,500
Nonmalignant claims	$	4,700	$	2,800	$	4,485	$	100	$	120

It is not possible to predict whether resolution values for Bendix-related asbestos claims will increase, decrease or stabilize in the future.

Other Matters

We are subject to other lawsuits, investigations and disputes arising out of the conduct of our business, including matters relating to commercial transactions, government contracts, product liability, prior acquisitions and divestitures, employee benefit plans, intellectual property and environmental, health and safety matters. We recognize a liability for any contingency that is probable of occurrence and reasonably estimable. We continually assess the likelihood of adverse judgments of outcomes in these matters, as well as potential ranges of possible losses (taking into consideration any insurance recoveries), based on a careful analysis of each matter with the assistance of outside legal counsel and, if applicable, other experts. To date, no such matters are material to the Consolidated and Combined Statements of Operations.

Warranties and Guarantees

In the normal course of business we issue product warranties and product performance guarantees. We accrue for the estimated cost of product warranties and performance guarantees based on contract terms and historical experience at the time of sale to the customer. Adjustments to initial obligations for warranties and guarantees are made as changes to the obligations become reasonably estimable. Product warranties and product performance guarantees are included in Accrued liabilities. The following table summarizes information concerning our recorded obligations for product warranties and product performance guarantees.

	Years Ended December 31,
	2018			2017			2016
Beginning of year	$	28		$	22		$	19
Accruals for warranties/guarantees issued during the year		33			14			14
Settlement of warranty/guarantee claims		(29	)		(8	)		(11	)
	$	32		$	28		$	22

Defined Benefit Pension Plans

12 Months Ended

Dec. 31, 2018

Compensation And Retirement Disclosure [Abstract]

Defined Benefit Pension Plans

Note 22. Defined Benefit Pension Plans

We sponsor several funded U.S. and non-U.S. defined benefit pension plans. Pension benefits for many of our U.S. employees are provided through a non-contributory, qualified defined benefit plan. All non-union hourly and salaried employees joining the Business for the first time after December 31, 2012, are not eligible to participate in our U.S. defined benefit pension plans. We also sponsor defined benefit pension plans which cover non-U.S. employees who are not U.S. citizens, in Switzerland and Ireland. Other pension plans outside of the U.S. are not material to the Company either individually or in the aggregate.

For periods prior to the Spin-Off, we only accounted for our pension plan in Ireland as a defined benefit pension plan. Our other pension plans were accounted for as multiemployer plans.

On October 1, 2018, in connection with the Spin-Off, we performed an interim remeasurement of our defined benefit pension plan in Ireland to update the discount rate as of the date immediately prior to the Spin-Off as mandated by the Employee Matters Agreement.

The following tables summarize the balance sheet impact, including the benefit obligations, assets and funded status associated with our significant pension plans.

	Pension Benefits
	U.S. Plans			Non-U.S. Plans			Non-U.S. Plans
	2018			2018⁽¹⁾			2017⁽¹⁾
Change in benefit obligation:
Benefit obligation at beginning of the year	$	—		$	107		$	89
Transfer of plan obligations from Former Parent		181			65			—
Spin-Off remeasurement adjustment		—			2			—
Service cost		—			4			2
Interest cost		2			2			2
Plan amendments		—			1			—
Actuarial (gains) losses		(3	)		(5	)		3
Benefits paid		(2	)		(3	)		(1	)
Foreign currency translation		—			(5	)		12
Other		—			4			—
Benefit obligation at end of the year		178			172			107
Change in plan assets:
Fair value of plan assets at beginning of the year		—			64			50
Transfer of plan assets from Former Parent		181			54			—
Spin-Off remeasurement adjustment		—			(10	)		—
Actual return on plan assets		(2	)		2			4
Employer contributions		—			16			3
Benefits paid		(2	)		(3	)		—
Foreign currency translation		—			(4	)		7
Other		—			4			—
Fair value of plan assets at end of year		177			123			64
Funded status of plans	$	(1	)	$	(49	)	$	(43	)
Amounts recognized in Consolidated Balance Sheet consist of:
Accrued pension liabilities - current		—			—			(3	)
Accrued pension liabilities - noncurrent⁽²⁾		(1	)		(49	)		(40	)
Net amount recognized	$	(1	)	$	(49	)	$	(43	)

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

(2)	Included in Other liabilities in the Consolidated and Combined Balance Sheet

Amounts recognized in Accumulated other comprehensive (income) loss associated with our significant pension and other postretirement benefit plans at December 31, 2018 are as follows:

	Pension Benefits
	U.S. Plans			Non-U.S. Plans		Non-U.S. Plans
	2018			2018⁽¹⁾		2017⁽¹⁾
Prior service (credit)	$	(2	)	$	—	$	—
Net actuarial loss		4			7		11
Net amount recognized	$	2		$	7	$	11

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

The components of net periodic benefit (income) cost and other amounts recognized in Other comprehensive (income) loss for our significant pension and other postretirement benefit plans include the following components:

	Pension Benefits
	U.S. Plans			Non-U.S. Plans
Net Periodic Benefit Cost	2018			2018⁽¹⁾			2017⁽¹⁾
Service cost	$	—		$	4		$	2
Interest cost		2			2			2
Expected return on plan assets		(3	)		(3	)		(2	)
Recognition of actuarial losses		—			3			—
Net periodic benefit (income) cost	$	(1	)	$	6		$	2

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Other Changes in Plan Assets and Benefits Obligations Recognized in	U.S. Plans		Non-U.S. Plans
Other Comprehensive (Income) Loss	2018		2018⁽¹⁾			2017⁽¹⁾
Actuarial (gains) losses	$	2	$	(4	)	$	—
Prior service (credit)		—		1			—
Actuarial losses recognized during year		—		(3	)		—
Total recognized in other comprehensive (income) loss	$	2	$	(6	)	$	—
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss	$	1	$	—		$	2

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

The estimated prior service (credit) for pension benefits that will be amortized from Accumulated other comprehensive (income) loss into net periodic benefit (income) cost in 2019 are expected to be less than $1 million for both the U.S. and non-U.S. pension plans.

Major actuarial assumptions used in determining the benefit obligations and net periodic benefit (income) cost for our significant benefit plans are presented in the following table as weighted averages.

	Pension Benefits
	U.S. Plans			Non-U.S. Plans
	2018			2018⁽¹⁾			2017⁽¹⁾
Actuarial assumptions used to determine benefit obligations as of December 31:
Discount rate		4.33	%		1.50	%		1.80	%
Expected annual rate of compensation increase		3.74	%		1.77	%		2.00	%
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate—benefit obligation		4.33	%		1.50	%		1.80	%
Discount rate—service cost		4.11	%		1.50	%		1.80	%
Discount rate—interest cost		4.02	%		1.50	%		1.80	%
Expected rate of return on plan assets		6.00	%		3.77	%		4.00	%
Expected annual rate of compensation increase		3.74	%		1.77	%		2.00	%

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

The discount rate for our significant pension plans reflects the current rate at which the associated liabilities could be settled at the measurement date of December 31, 2018 and 2017, respectively. To determine the discount rates, we use a modeling process that involves matching the expected cash outflows of our benefit plans to a yield curve constructed from a portfolio of high quality, fixed-income debt instruments. We use the single weighted-average yield of this hypothetical portfolio as a discount rate benchmark.

For our U.S. defined benefit pension plan, we estimate the service and interest cost components of net period benefit (income) cost by utilizing a full yield curve approach in the estimation of these cost components by applying the specific spot rates along the yield curve used in the determination of the pension benefit obligation to their underlying projected cash flows. This approach provides a more precise measurement of service and interest costs by improving the correlation between projected cash flows and their corresponding spot rates. For our Switzerland and Ireland defined benefit pension plans, we estimated such cost components utilizing a single weighted-average discount rate derived from the yield curve used to measure the pension benefit obligation. In 2019, we expect to update the approach for estimating the service and interest cost components of net period benefit (income) cost for the Switzerland and Ireland plans to the full yield curve approach.

For non-U.S. benefit plans, actuarial assumptions reflect economic and market factors relevant to each country.

The following amounts relate to our significant pension plans with accumulated benefit obligations exceeding the fair value of plan assets.

	December 31,
	U.S. Plans		Non-U.S. Plans
	2018		2018⁽¹⁾		2017⁽¹⁾
Projected benefit obligation	$	178	$	172	$	107
Accumulated benefit obligation		177		164		104
Fair value of plan assets		177		123		64

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Our asset investment strategy for our U.S. pension plan focuses on maintaining a diversified portfolio using various asset classes in order to achieve market exposure and diversification on an interim basis as we complete an asset liability study and develop our long-term investment objectives on a risk adjusted basis. Once finalized, we will implement our long-term strategy. Our interim target allocations are as follows: 35% equity securities, 50% fixed income securities and cash, 10% real estate investments, and 5% high yield bonds. Equity securities include mutual funds that invest in companies located both inside and outside the United States. Fixed income securities include exposure to medium and high quality investment grade corporate bonds, pooled consumer loans and U.S. government bonds with an average maturity of 5 – 25 years. The real estate fund invests in real estate investment trusts – companies that purchase office buildings, hotels and other real estate property. The high yield bond fund invests in a diversified portfolio of intermediate term below investment-grade debt securities. Our assets are reviewed on a daily basis to ensure that we are within the targeted asset allocation ranges and, if necessary, asset balances are adjusted back within target allocations.

Our non-U.S. pension assets are typically managed by decentralized fiduciary committees. Our non-U.S. investment policies are different for each country as local regulations, funding requirements, and financial and tax considerations are part of the funding and investment allocation process in each country.

The fair values of both our U.S. and non-U.S. pension plans assets by asset category are as follows:

	U.S. Plans
	December 31, 2018
	Total		Level 1		Level 2		Level 3
Equity funds	$	60	$	—	$	60	$	—
Short-term investments		8		—		8		—
Corporate bond funds		92		—		92		—
Real estate funds		17		—		17		—
Total assets at fair value	$	177	$	—	$	177	$	—

	Non-U.S. Plans
	December 31, 2018
	Total		Level 1		Level 2		Level 3
Equity funds	$	48	$	—	$	48	$	—
Short-term investments		12		—		12		—
Government bond funds		28		—		28		—
Corporate bond funds		16		—		16		—
Real estate funds		11		—		11		—
Other		8		—		8		—
Total assets at fair value	$	123	$	—	$	123	$	—

	Non-U.S. Plans
	December 31, 2017
	Total		Level 1		Level 2		Level 3
Equity funds	$	33	$	—	$	33	$	—
Government bond funds		19		—		19		—
Corporate bond funds		6		—		6		—
Other		6		—		6		—
Total assets at fair value	$	64	$	—	$	64	$	—

Equity funds, corporate bond funds, government bond funds, real estate funds and short-term investments are valued either by bids provided by brokers or dealers or quoted prices of securities with similar characteristics. Other includes diversified mutual funds. These investments are valued at estimated fair value based on quarterly financial information received from the investment advisor and/or general partner.

Our general funding policy for qualified defined benefit pension plans is to contribute amounts at least sufficient to satisfy regulatory funding standards. We are not required to make any contributions to our U.S. pension plan in 2019. In 2018, contributions of $16 million were made to our non-U.S. pension plans to satisfy regulatory funding requirements. In 2019, we expect to make contributions of cash and/or marketable securities of approximately $6 million to our non-U.S. pension plans to satisfy regulatory funding standards. Contributions for both our U.S. and non-U.S. pension plans do not reflect benefits paid directly from Company assets.

Benefit payments, including amounts to be paid from Company assets, and reflecting expected future service, as appropriate, are expected to be paid as follows:

	U.S. Plans		Non-U.S. Plans
2019	$	9	$	3
2020		10		3
2021		10		3
2022		10		3
2023		11		3
2024-2028		56		18

China Variable Interest Entity

12 Months Ended

Dec. 31, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

China Variable Interest Entity

Note 23. China Variable Interest Entity

On September 20, 2018 in preparation of the Spin-Off, we entered into an agreement by and between Honeywell International Inc. and Garrett Motion Inc. (the “China Purchase Agreement”) in which Honeywell agreed to sell to Garrett 100% of the equity interests of Honeywell Transportation Investment (China) Co., Ltd. (“Garrett China”) consisting of our primary operations in China, in exchange for upfront consideration of 8,444,077 shares of our common stock. No further consideration from Garrett is due. The transfer of the equity interests in Garrett China from Honeywell to Garrett will occur following the current share lock-up period, one year from the date of the agreement.

Garrett China is considered a variable interest entity for which Garrett is the primary beneficiary because the China Purchase Agreement provides Garrett, prior to the transfer of the equity interests, control to direct the management and operation of Garrett China as well as all economic benefits and losses. The intent of the agreement is to place Garrett in the same position as if it already owned 100% of the equity interests of Garrett China. As the agreement was effective prior to the Spin-Off date while the Company and Garrett China were under common control of Honeywell, the assets and liabilities of Garrett China are recognized at their carrying amounts. Additionally, the assets and liabilities and related operations of Garrett China were included in our Consolidated and Combined Balance Sheets and Consolidated and Consolidated and Combined Statements of Operations as of and for the years ended December 31, 2017 and 2016 which were prepared on a carve-out basis.

The following table summarizes the consolidated assets and liabilities of Garrett China:

	December 31,
	2018		2017
	(Dollars in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	70	$	78
Accounts, notes and other receivables—net		224		240
Inventories—net		19		21
Due from related parties, current		—		73
Total current assets		313		412
Property, plant and equipment—net		67		66
Deferred income taxes		20		8
Other assets		1		—
Total assets	$	401	$	486
LIABILITIES
Current liabilities:
Accounts payable	$	261	$	245
Due to related parties, current		—		37
Accrued liabilities		77		84
Total current liabilities		338		366
Other liabilities		13		16
Total liabilities	$	351	$	382

Net sales from Garrett China were $470 million, $393 million, and $279 million for the years ended December 31, 2018, 2017, and 2016, respectively. Related expenses primarily consisted of Costs of Goods Sold of $340 million, $310 million, and $199 million, Selling, general and administrative expenses of $19 million, $20 million, and $17 million and Tax expense of $24 million, $28 million and $14 million for the years ended December 31, 2018, 2017, and 2016, respectively.

Concentrations

12 Months Ended

Dec. 31, 2018

Risks And Uncertainties [Abstract]

Concentrations

Note 24. Concentrations

Sales concentration—Net sales by region (determined based on country of shipment⁽¹⁾) and channel are as follows:

	Year ended December 31, 2018
	OEM		Aftermarket		Other		Total
United States	$	338	$	175	$	5	$	518
Europe		1,686		151		54		1,891
Asia		847		50		26		923
Other International		22		21		—		43
	$	2,893	$	397	$	85	$	3,375

	Year ended December 31, 2017⁽¹⁾
	OEM		Aftermarket		Other		Total
United States	$	277	$	178	$	6	$	461
Europe		1,568		140		54		1,762
Asia		750		49		33		832
Other International		19		22		—		41
	$	2,614	$	389	$	93	$	3,096

	Year ended December 31, 2016⁽¹⁾
	OEM		Aftermarket		Other		Total
United States	$	296	$	164	$	6	$	466
Europe		1,622		149		35		1,806
Asia		611		53		28		692
Other International		12		21		—		33
	$	2,541	$	387	$	69	$	2,997

(1)	The sales concentration information was previously presented based on the customer’s origin and is now presented based on country of shipment. As a result, the prior periods presented were recast to conform to the current year presentation.

Customer concentration—Net sales to Garrett’s largest customers and the corresponding percentage of total net sales are as follows:

	Net sales
	Years ended December 31,
	2018		%		2017		%		2016		%
Customer A	$	455		13	$	423		14	$	436		15
Customer B		254		8		246		8		303		10
Others		2,666		79		2,427		78		2,258		75
	$	3,375		100	$	3,096		100	$	2,997		100

Long-lived assets concentration—Long-lived assets by region are as follows:

	Long-lived Assets⁽¹⁾
	December 31,
	2018		2017		2016
United States	$	26	$	23	$	21
Europe		273		273		219
Asia		123		124		109
Other International		16		22		22
	$	438	$	442	$	371

(1)	Long-lived assets are comprised of property, plant and equipment–net.

Supplier concentration—The Company’s largest supplier accounted for 14%, 16% and 17% of direct materials purchases for the years ended December 31, 2018, 2017 and 2016, respectively.

Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Unaudited Quarterly Financial Information

Note 25. Unaudited Quarterly Financial Information

The following tables show selected unaudited quarterly results of operations for 2018 and 2017. The quarterly data have been prepared on the same basis as the audited annual financial statements and include all adjustments, which include only normal recurring adjustments, necessary for the fair statement of our results of operations for these periods.

	2018
	March 31		June 30		September 30^(b)		December 31		Year Ended December 31,
Net Sales	$	915	$	877	$	784	$	799	$	3,375
Gross Profit		211		215		178		172		776
Net Income (Loss)		58		150		929		43		1,180
Earnings (loss) per share - basic^(a)		0.78		2.03		12.54		0.58		15.93
Earnings (loss) per share - diluted^(a)		0.78		2.03		12.54		0.57		15.86

	2017
	March 31		June 30		September 30		December 31^(c)			Year Ended December 31,
Net Sales	$	772	$	775	$	745	$	804		$	3,096
Gross Profit		188		197		177		173			735
Net Income (Loss)		75		105		57		(1,220	)		(983	)
Earnings (Loss) per share - basic^(a)		1.01		1.42		0.77		(16.47	)		(13.27	)
Earnings per share - diluted^(a)		1.01		1.42		0.77		(16.47	)		(13.27	)

(a)

(b)

Net income for three months ended September 30, 2018 was impacted by an $870 million reduction in tax expense primarily due to tax benefits from an internal restructuring of Garrett’s business in advance of the Spin-Off and tax benefits related to the currency impacts on withholding taxes on undistributed foreign earnings, partially offset by adjustments to the provisional tax amount related to U.S. tax reform and non-deductible expenses.

(c)	Net Loss for the quarter ended December 31, 2017 was impacted by the Tax Act in the amount of $1,335 million. Refer to Note 7 Income Taxes.

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation and Combination	Principles of Consolidation and Combination— For the periods subsequent to the Spin-Off, the Consolidated and Combined Financial Statements include the accounts of Garrett Motion Inc. and all of its subsidiaries in which a controlling financial interest is maintained. We consolidate entities that we control due to ownership of a majority voting interest, and we consolidate variable interest entities (“VIEs”) when we have variable interests and are the primary beneficiary. Our consolidation policy requires equity investments that we exercise significant influence over but do not control the investee and are not the primary beneficiary of the investee’s activities to be accounted for using the equity method. Investments through which we are not able to exercise significant influence over the investee and which we do not have readily determinable fair values are accounted for under the cost method. All intercompany transactions and balances are eliminated in consolidation. For the periods prior to the Spin-Off, the Consolidated and Combined Financial Statements were prepared on a stand-alone basis and include our business units and wholly owned direct and indirect subsidiaries and entities in which we had a controlling financial interest.
Cash and Cash Equivalents	Cash and Cash Equivalents—Cash and cash equivalents include cash on hand and highly liquid investments having an original maturity of three months or less.
Trade Receivables and Allowance for Doubtful Accounts	Trade Receivables and Allowance for Doubtful Accounts—Trade accounts receivable are recorded at the invoiced amount as a result of transactions with customers. Garrett maintains allowances for doubtful accounts for estimated losses as a result of customer’s inability to make required payments. Garrett estimates anticipated losses from doubtful accounts based on days past due as measured from the contractual due date and historical collection history. Garrett also takes into consideration changes in economic conditions that may not be reflected in historical trends (for example, customers in bankruptcy, liquidation or reorganization). Receivables are written-off against the allowance for doubtful accounts when they are determined uncollectible. Such determination includes analysis and consideration of the particular conditions of the account, including time intervals since last collection, customer performance against agreed upon payment plans, solvency of customer and any bankruptcy proceedings.
Inventories	Inventories—Inventories are stated at the lower of cost, determined on a first-in, first-out basis, including direct material costs and direct and indirect manufacturing costs, or net realizable value. Obsolete inventory is identified based on analysis of inventory for known obsolescence issues. The original equipment inventory on hand in excess of one year’s forecasted usage is fully reserved.
Property, Plant and Equipment	Property, Plant and Equipment—Property, plant and equipment are recorded at cost less accumulated depreciation and amortization. For financial reporting, the straight-line method of depreciation is used over the estimated useful lives of 10 to 50 years for buildings and improvements, 2 to 16 years for machinery and equipment, 3 to 10 years for tooling equipment and 5 to 7 years for software.
Goodwill	Goodwill—Goodwill is subject to impairment testing annually as of March 31, and whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. This testing compares carrying value to fair value of our single reporting unit. The Company recognizes an impairment charge for the amount by which the carrying value of the reporting unit exceeds the reporting unit´s fair value. However, any impairment should not exceed the amount of goodwill allocated to the reporting unit. We completed our annual goodwill impairment test as of March 31, 2018, as well as an interim impairment test immediately following the Spin-Off and determined that there was no impairment as of these dates.
Warranties and Guarantees	Warranties and Guarantees—Expected warranty costs for products sold are recognized based on an estimate of the amount that eventually will be required to settle such obligations. These accruals are based on factors such as past experience, length of the warranty and various other considerations. Costs of product recalls, which may include the cost of the product being replaced as well as the customer’s cost of the recall, including labor to remove and replace the recalled part, are accrued as part of our warranty accrual at the time an obligation becomes probable and can be reasonably estimated. These estimates are adjusted from time to time based on facts and circumstances that impact the status of existing claims. For additional information, see Note 21, Commitments and Contingencies.
Sales Recognition	Sales Recognition—On January 1, 2018, we adopted the FASB´s updated guidance on revenue from contracts with customers, ASC 606 Revenue from Contracts With Customers (“ASC 606”), using the modified retrospective method applied to contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting. Product sales are recognized when we transfer control of the promised goods to our customer, which is based on shipping terms. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring the promised goods. In the sale of products in the OEM channel, the transaction price for these goods is equal to the agreed price of each unit and represents the standalone selling price for the unit. In the sale of products in the aftermarket channel, the terms of a contract or the historical business practice can give rise to variable consideration due to, but not limited to, discounts and bonuses. We estimate variable consideration at the most likely amount we will receive from customers and reduce revenues recognized accordingly. We include estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Our estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is reasonably available to us. Prior to January 1, 2018, sales were recognized when there was evidence of a sales agreement, the delivery of goods had occurred, the sales price was fixed or determinable and the collectability of revenue was reasonably assured. Sales were generally recorded upon shipment of product to customers and transfer of title under standard commercial terms. Sales incentives and allowances were recognized as a reduction to revenue at the time of the related sale. In addition, payments made to customers were generally recognized as a reduction to revenue at the time these payments are made or committed to the customers.
Research and Development	Research and Development—Garrett conducts research and development (“R&D”) activities, which consist primarily of the development of new products and product applications. R&D costs are charged to expense as incurred. Such costs are included in Cost of goods sold of $128 million, $119 million, and $112 million for the years ended December 31, 2018, 2017, and 2016, respectively. Additionally, the Company incurs engineering-related expenses which are also included in Cost of goods sold of $10 million, $19 million, and $21 million for the years ended December 31, 2018, 2017, and 2016. The prior year amounts have been reclassified to conform to the current year presentation.
Asbestos-Related Contingencies and Insurance Recoveries	Asbestos-Related Contingencies and Insurance Recoveries—Honeywell is subject to certain asbestos-related and environmental-related liabilities, primarily related to its legacy Bendix business. In conjunction with the Spin-Off, certain operations that were part of the Bendix business, along with the ownership of the Bendix trademark, as well as certain operations that were part of other legacy elements of the Business, were transferred to us. For periods prior to the Spin-Off, we reflect an estimated liability for resolution of pending and future asbestos-related and environmental liabilities primarily related to the Bendix legacy Honeywell business, calculated as if we were responsible for 100% of the Bendix asbestos-liability payments. We recognized a liability for any asbestos-related contingency that was probable of occurrence and reasonably estimable. In connection with the recognition of liabilities for asbestos-related matters, we recorded asbestos-related insurance recoveries that are deemed probable. Asbestos-related expenses, net of probable insurance recoveries, are presented within Other expense, net in the Consolidated and Combined Statement of Operations. The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement. In periods subsequent to the Spin-Off, the accounting for the majority of our asbestos-related liability payments and accounts payable reflect the terms of the Indemnification and Reimbursement Agreement with Honeywell entered into on September 12, 2018, under which we are required to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. Net charges for asbestos-related and environmental-related matters in connection with the Indemnification and Reimbursement Agreement are presented within Other expense, net in the Consolidated and Combined Statement of Operations.
Stock-Based Compensation Plans	Stock-Based Compensation Plans—The principal awards issued under our stock-based compensation plans, which are described in Note 19 Stock-Based Compensation Plans, are restricted stock units. The cost for such awards is measured at the grant date based on the fair value of the award. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods (generally the vesting period of the equity award) and is included in Selling, general and administrative expenses in the Consolidated and Combined Statements of Operations. Forfeitures are estimated at the time of grant to recognize expense for those awards that are expected to vest and are based on our historical forfeiture rates under our Former Parent´s plans. For periods prior to the Spin-Off, certain employees within the Business participated in stock-based compensation plans sponsored by the Former Parent. The Former Parent’s stock-based compensation plans primarily include incentive compensation plans. Awards granted under the plans consist of stock options, restricted stock units (“RSUs”) and performance stock units (“PSUs”) and are based on the Former Parent’s common shares and, as such, are reflected in Invested deficit within the Consolidated and Combined Statements of Equity (Deficit).
Pension Benefits	Pension Benefits—Following the Spin-Off, we sponsor defined benefit pension plans covering certain employees, primarily in Switzerland, the US and Ireland. For such plans, we recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment), and, if applicable, in any quarter in which an interim remeasurement is triggered. The remaining components of pension expense, primarily service and interest costs and assumed return on plan assets, are recognized on a quarterly basis. On January 1, 2018, we retrospectively adopted the new accounting guidance on presentation of net periodic pension costs. That guidance requires that we disaggregate the service cost component of net benefit costs and report those costs in the same line item or items in the Consolidated Statement of Operations as other compensation costs arising from services rendered by the pertinent employees during the period. The other nonservice components of net benefit costs are required to be presented separately from the service cost component. Following the adoption of this guidance, we continue to record the service cost component of Pension ongoing (income) expense in Costs of goods sold or Selling, general and administrative expenses. The remaining components of net benefit costs within Pension ongoing (income) expense, primarily interest costs and assumed return on plan assets, are now recorded in Non-operating (income) expense. We will continue to recognize net actuarial gains or losses in excess of 10% of the greater of the fair value of plan assets or the plans’ projected benefit obligation (the corridor) annually in the fourth quarter each year (MTM Adjustment). The MTM Adjustment will also be reported in Non-operating (income) expense. For periods prior to the Spin-Off, we sponsored a defined benefit pension plan covering certain employees in Ireland. Additionally, certain Garrett employees participated in defined benefit pension plans (the “Shared Plans”) sponsored by Honeywell which includes participants of other Honeywell subsidiaries and operations. We accounted for our participation in the Shared Plans as a multiemployer benefit plan. Accordingly, we did not record an asset or liability to recognize the funded status of the Shared Plans. The related pension expense was based on annual service cost of active Garrett participants and reported within Cost of goods sold in the Consolidated and Combined Statements of Operations. The pension expense specifically identified for the active Garrett participants in the Shared Plans for the years ended December 31, 2018, 2017 and 2016 was $5 million, $7 million and $6 million, respectively.
Foreign Currency Translation	Foreign Currency Translation—Assets and liabilities of subsidiaries operating outside the United States with a functional currency other than U.S. Dollars are translated into U.S. Dollars using year-end exchange rates. Sales, costs and expenses are translated at the average exchange rates in effect during the year. Foreign currency translation gains and losses are included as a component of Accumulated other comprehensive income (loss).
Derivative Financial Instruments	Derivative Financial Instruments—We minimize our risks from foreign currency exchange rate fluctuations through our normal operating and financing activities and, when deemed appropriate through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes. Derivative financial instruments that qualify for hedge accounting must be designated and effective as a hedge of the identified risk exposure at the inception of the contract. Accordingly, changes in fair value of the derivative contract must be highly correlated with changes in fair value of the underlying hedged item at inception of the hedge and over the life of the hedge contract. All derivatives are recorded on the balance sheet as assets or liabilities and measured at fair value. For derivatives designated as cash flow hedges, the effective portion of the changes in fair value of the derivatives are recorded in Accumulated other comprehensive income (loss) and subsequently recognized in earnings when the hedged items impact earnings. Cash flows of such derivative financial instruments are classified consistent with the underlying hedged item. On September 27, 2018, we early adopted the new accounting guidance contained in ASU 2017-12 on a modified retrospective approach. The new standard is intended to improve and simplify rules relating to hedge accounting, including the elimination of periodic hedge ineffectiveness, recognition of components excluded from hedge effectiveness assessment, the ability to elect to perform subsequent effectiveness assessments qualitatively, and other provisions designed to provide more transparency around the economics of a company’s hedging strategy.
Income Taxes	Income Taxes—We account for income taxes pursuant to the asset and liability method which requires us to recognize current tax liabilities or receivables for the amount of taxes we estimate are payable or refundable for the current year and deferred tax assets and liabilities for the expected future tax consequences attributable to temporary differences between the financial statement carrying amounts and their respective tax bases of assets and liabilities and the expected benefits of net operating loss and credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period enacted. A valuation allowance is provided when it is more likely than not that a portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and the reversal of deferred tax liabilities during the period in which related temporary differences become deductible. Prior to the Spin-Off, the tax provision was presented on a separate company basis as if we were a separate filer. The effects of tax adjustments and settlements from taxing authorities are presented in our Consolidated and Combined Financial Statements in the period to which they relate as if we were a separate filer. Our current obligations for taxes are settled with our Former Parent on an estimated basis and adjusted in later periods as appropriate. All income taxes due to or due from our Former Parent that have not been settled or recovered by the end of the period are reflected in Invested deficit within the Consolidated and Combined Financial Statements. We are subject to income tax in the United States (federal, state and local) as well as other jurisdictions in which we operate. The tax provision has been calculated as if the carve-out entity was operating on a stand-alone basis and filed separate tax returns in the jurisdiction in which it operates. Therefore, cash tax payments and items of current and deferred taxes may not be reflective of the actual tax balances prior to or subsequent to the carve-out.
Earnings per share	Earnings per share—Basic earnings per share is based on the weighted average number of common shares outstanding. Diluted earnings per share is based on the weighted average number of common shares outstanding and all dilutive potential common shares outstanding. On October 1, 2018, the date of consummation of the Spin-Off, 74,070,852 shares of the Company’s Common Stock were distributed to Honeywell stockholders of record as of September 18, 2018 who held their shares through the Distribution Date. Basic and diluted EPS for all periods prior to the Spin-Off reflect the number of distributed shares, or 74,070,852 shares. For 2018, the distributed shares were treated as issued and outstanding from January 1, 2018 for purposes of calculating historical basic earnings per share.
Use of Estimates	Use of Estimates—The preparation of the Consolidated and Combined Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated and Combined Financial Statements and related disclosures in the accompanying notes. Actual results could differ from those estimates. Estimates and assumptions are periodically reviewed and the effects of changes are reflected in the Consolidated and Combined Financial Statements in the period they are determined to be necessary.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In October 2016, the FASB issued ASU 2016-16, Intra-Entity Transfers of Assets Other Than Inventory. The ASU requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, at the time the entity transfer occurs rather than when the asset is ultimately transferred to a third party, as required under current U.S. GAAP. The guidance is intended to reduce diversity in practice, particularly for transfers involving intellectual property. Subsequent to 2017 fiscal year, we adopted the accounting standard update as of January 1, 2018. The guidance requires application on a modified retrospective basis. The adoption of this guidance increased our deferred tax assets by $191 million with a cumulative-effect adjustment to retained earnings of the same amount. In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350). The ASU eliminates Step 2 of the goodwill impairment test, which requires determining the fair value of assets acquired or liabilities assumed in a business combination. Under the amendments in this update, a goodwill impairment test is performed by comparing the fair value of the reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. We have early adopted this guidance during the fourth quarter of 2018. The adoption did not have an impact on our Consolidated and Combined Balance Sheets, Statements of Operations and related Notes to Consolidated and Combined Financial Statements. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. These amendments are intended to better align a company’s risk management strategies and financial reporting for hedging relationships. As further noted in our Derivative financial instruments accounting policy above, we early adopted during the third quarter of 2018 the new accounting guidance contained in ASU 2017-12 on a modified retrospective approach. In relation to the Company’s foreign currency exchange forward and option contracts (foreign currency exchange contracts), the adoption did not have an impact on our Consolidated and Combined Balance Sheets and Statements of Operations.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the FASB issued guidance on accounting for leases which requires lessees to recognize most leases on their balance sheets for the rights and obligations created by those leases. The guidance requires enhanced disclosures regarding the amount, timing and uncertainty of cash flows arising from leases that will be effective for interim and annual periods beginning after December 15, 2018, with early adoption permitted. We expect to adopt the requirements of the new standard effective January 1, 2019, and we will elect to not recast comparative periods in the transition. We estimate the adoption will result in the addition of $33 million to $43 million of right-of-use assets and liabilities to our consolidated balance sheet, with no significant change to our consolidated statements of operations or cash flows. In adopting the new leases standard as per January 1, 2019, the Company has applied the practical expedients as per ASC 842-10-65-1(f) and (g). In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), which requires measurement and recognition of expected credit losses for financial assets held. ASU 2016-13 is effective for us in our first quarter of fiscal 2020, and earlier adoption is permitted beginning in the first quarter of fiscal 2019. We are currently evaluating the impact of the guidance on our Consolidated and Combined Balance Sheets, Statements of Operations and related Notes to Consolidated and Combined Financial Statements. In February 2018, the FASB issued guidance that allows for an entity to elect to reclassify the income tax effects on items within Accumulated other comprehensive income resulting from U.S. tax reform to retained earnings. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted, including interim periods within those years. The guidance allows for adoption (i) at the beginning of the period of adoption or (ii) retrospective to each period in which the income tax effects of the U.S. tax reform related to items recognized in Accumulated other comprehensive income are recognized. We are currently evaluating the impact of this standard on our Consolidated and Combined Financial Statements and whether we will elect to reclassify the income tax effects on items within Accumulated other comprehensive income resulting from U.S. tax reform to retained earnings.

Related Party Transactions with Honeywell (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Related Party Transactions

Due from related parties, current consists of the following:

	December 31, 2018		December 31, 2017
Cash pooling and short-term notes receivables	$	—	$	495
Other tax receivables from Former Parent		—		26
Receivables from related parties		—		8
Related party notes receivables, current		—		1
Foreign currency exchange contracts		—		—
	$	—	$	530

Due from related parties, non-current consists of the following:

December 31,

2018

December 31,

2017

Other tax receivables from Former Parent

—

Due to related parties, current consists of the following:

	December 31, 2018		December 31, 2017
Cash pooling and short-term notes payables	$	—	$	545
Related party notes payables, current		—		484
Payables to related parties		—		51
Foreign currency exchange contracts		—		37
	$	—	$	1,117

Schedule of Components of Net Transfers From (To) Parent [Table Text Block]

The components of the net transfers to and from Honeywell for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Years Ended December 31,
	2018			2017			2016
General financing activities	$	1,774		$	(363	)	$	(151	)
Distribution to Former Parent		(2,994	)		(97	)		(117	)
Unbilled corporate allocations		41			70			37
Stock compensation expense and other compensation awards		17			19			16
Pension expense		7			9			13
Mandatory Transition Tax		(13	)		354			—
Other Income Tax		—			22			91
Spin-Off related adjustments		(250	)		—			—
Issuance of common stock and reclassification of invested deficit		2,714			—			—
Total net decrease (increase) in Invested deficit	$	1,296		$	14		$	(111	)

Revenue Recognition and Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2018

Revenue From Contract With Customer [Abstract]

Summary of Cumulative Impact of New Accounting Pronouncements and Changes in Accounting on Consolidated and Combined Balance Sheet

Upon adoption the cumulative impact of this change is as follows:

	December 31, 2017
	As reported			Adjustments		As adjusted
Consolidated and Combined Balance Sheet
Assets
Current assets:
Other current assets	$	321		$	7	$	328
Other assets		2			53		55

Liabilities
Non-current liabilities:
Deferred income taxes		956			6		962

Equity (Deficit)
Invested deficit		(2,433	)		54		(2,379	)

Summary of Contract Assets and Liabilities

The following table summarizes our contract assets and liabilities balances:

	2018
Contract assets—January 1	$	5
Contract assets—December 31		5
Change in contract assets—Increase/(Decrease)		—
Contract liabilities—January 1	$	(7	)
Contract liabilities—December 31		(2	)
Change in contract liabilities—(Increase)/Decrease	$	5

Other Expenses, Net (Tables)

12 Months Ended

Dec. 31, 2018

Other Income And Expenses [Abstract]

Schedule of Other Operating Cost and Expense

	Years Ended December 31,
	2018			2017			2016
Indemnification related — post Spin-Off	$	(16	)	$	—		$	—
Asbestos related, net of probable insurance recoveries		131			132			181
Environmental remediation, non-active sites		5			(2	)		2
	$	120		$	130		$	183

Non-Operating (Income) Expense (Tables)

12 Months Ended

Dec. 31, 2018

Non Operating Income Expense [Abstract]

Schedule of Non-Operating (Income) Expense

	Years Ended December 31,
	2018			2017			2016
Equity income of affiliated companies	$	(5	)	$	(4	)	$	(6	)
Interest income		(7	)		(14	)		(16	)
Pension ongoing (income) expense—non service		2			(1	)		5
Foreign exchange		6			—			9
Others, net		(4	)		1			3
	$	(8	)	$	(18	)	$	(5	)

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income (loss) Before Income Taxes

The sources of income (loss) from continuing operations, before income taxes, classified between domestic entities and those entities domiciled outside of the U.S., are as follows:

	Years Ended December 31,
Income before taxes	2018			2017			2016
Domestic entities	$	(99	)	$	(105	)	$	(181	)
Entities outside the U.S.		495			471			431
	$	396		$	366		$	250

Schedule of Income Tax Expense (Benefit)

Tax expense (benefit)

Tax expense (benefit) consists of:

	Years Ended December 31,
	2018			2017			2016
Current:
Federal	$	7		$	311		$	13
State		1			(2	)		2
Foreign		113			67			75
	$	121		$	376		$	90
Deferred:
Federal		(3	)		3			—
State		—			6			—
Foreign		(902	)		964			(39	)
	$	(905	)	$	973		$	(39	)
	$	(784	)	$	1,349		$	51

Schedule of Effective Income Tax Rate Reconciliation

The U.S. federal statutory income tax rate is reconciled to our effective income tax rate as follows:

	Years Ended December 31,
	2018			2017			2016
U.S. federal statutory income tax rate		21.0	%		35.0	%		35.0	%
Taxes on non-U.S. earnings different from U.S. tax rate, net of changes in valuation allowance		1.1	%		(28.0	)%		(46.1	)%
Reserves for tax contingencies		1.0	%		(14.3	)%		7.0	%
Enactment of the Tax Act		1.0	%		364.7	%		—
Non-deductible expenses		6.0	%		11.6	%		25.3	%
Restructuring/Foreign Unremitted Earnings		(227.7	)%		—			—
All other items		(0.4	)%		(0.4	)%		(0.8	)%
		(198.0	)%		368.6	%		20.4	%

Schedule of Deferred Tax Assets (Liabilities) and Effects of Temporary Differences

Deferred tax assets (liabilities)

The tax effects of temporary differences and tax carryforwards which give rise to future income tax benefits and payables are as follows:

	December 31,
	2018			2017
Deferred tax assets:
Pension	$	—		$	7
Other accruals and reserves		38			22
Net operating and capital losses		27			77
Depreciation and amortization		158			(8	)
Other		10			15
Total Deferred tax assets		233			113
Valuation allowance		(24	)		(48	)
Net deferred tax assets	$	209		$	65
Deferred tax liabilities:
Investment basis differences	$	(56	)	$	(980	)
Other liabilities		(15	)		—
Total deferred tax liabilities		(71	)		(980	)
Net deferred tax asset/(liability)	$	138		$	(915	)

Summary of Net Operating Loss Carryforwards

As of December 31, 2018, our net operating loss carryforwards were as follows:

Schedule of Unrecognized Tax Benefits Roll Forward

The following table summarizes the activity related to the Company’s uncertain tax positions (excluding interest and penalties and related tax attributes):

	2018			2017			2016
Change in unrecognized tax benefits:
Balance at beginning of year	$	100		$	152		$	136
Gross increases related to current period tax positions		7			11			21
Gross increases related to prior periods tax positions		5			1			1
Gross decreases related to prior periods tax positions		(8	)		(64	)		(5	)
Decrease related to resolutions of audits with tax authorities		—			(2	)		—
Expiration of the statute of limitations for the assessment of taxes		—			—			—
Potential Indemnifications to Honeywell for US and foreign taxes as contractually obligated in connection with Tax Matters Agreement		(71	)		—			—
Foreign currency translation		(1	)		2			(1	)
Balance at end of year	$	32		$	100		$	152

Schedule of Income Tax Expense Benefit by Jurisdiction

The following table summarizes tax years that remain subject to examination by major tax jurisdictions as of December 31, 2018:

	Open Tax Years Based on Originally Filed Returns
	Examination	Examination
	in Progress	Not Yet
	Jurisdiction	Initiated
U.S. Federal	2015-2016	2017-2018
U.S. State	2015-2017	2018
Germany	2008-2015	2016-2018
India	1999-2016	2017-2018
United Kingdom	2013-2015	2016-2018

Accounts, Notes and Other Receivables—Net (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Schedule of Accounts, Notes and Other Receivables Net

	December 31, 2018			December 31, 2017
Trade receivables	$	593		$	592
Notes receivables		93			83
Other receivables		67			73
	$	753		$	748
Less—Allowance for doubtful accounts		(3	)		(3	)
	$	750		$	745

Inventories-Net (Tables)

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

Summary of Inventories

	December 31, 2018			December 31, 2017
Raw materials	$	112		$	118
Work in process		19			20
Finished products		64			73
	$	195		$	211
Less—Reserves		(23	)		(23	)
	$	172		$	188

Other Current Assets (Tables)

12 Months Ended

Dec. 31, 2018

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Schedule of Other Current Assets

	December 31,
	2018		2017
Marketable securities^(a)	$	—	$	298
Insurance recoveries for asbestos-related liabilities		—		17
Prepaid expenses		14		3
Taxes receivable		35		—
Advanced discounts to customers, current		9		—
Customer reimbursable engineering		10		3
Other		3		—
	$	71	$	321

(a)	Represents time deposits greater than 90 days, but less than a year.

Property, Plant and Equipment - Net (Tables)

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

Schedule of Property, Plant and Equipment - Net

	December 31,
	2018			2017
Machinery and equipment	$	623		$	720
Tooling		306			291
Buildings and improvements		136			145
Construction in progress		57			65
Software		54			54
Land and improvements		16			14
Others		24			25
		1,216			1,314
Less—Accumulated depreciation and amortization		(778	)		(872	)
	$	438		$	442

Goodwill (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 is as follows:

December 31,

2017

Currency

Translation

Adjustment

December 31,

2018

Goodwill

193

—

193

Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Accrued Liabilities Current [Abstract]

Summary of Accrued Liabilities

	December 31, 2018		December 31, 2017
Asbestos-related liabilities^(a)	$	—	$	185
Customer pricing reserve		107		114
Compensation, benefit and other employee related		71		65
Repositioning		15		60
Product warranties and performance guarantees		32		28
Other taxes		113		22
Advanced discounts from suppliers, current		17		12
Customer advances and deferred income^(b)		14		21
Accrued interest		6		—
Other (primarily operating expenses)		51		64
	$	426	$	571

(a)

(b)	Customer advances and deferred income include $2 million and $7 million of contract liabilities as of December 31, 2018 and 2017, respectively. See Note 4 Revenue Recognition and Contracts with Customers.

Summary of Expenses Related to the Repositioning Accruals

	Severance Costs			Exit Costs			Total
Balance at December 31, 2016	$	35		$	8		$	43
Charges		20			—			20
Usage—cash		(6	)		(2	)		(8	)
Foreign currency translation		4			1			5
Balance at December 31, 2017		53			7			60
Charges		2			—			2
Usage—cash		(42	)		(5	)		(47	)
Foreign currency translation		—			—			—
Balance at December 31, 2018	$	13		$	2		$	15

Long-term Debt and Credit Agreements (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Summary of Amounts Outstanding on Long-term Debt and Revolving Credit Facility

The principal amounts outstanding on long-term debt and the revolving credit facility are as follows:

	December 31, 2018
Term Loan A	$	374
Term Loan B		853
Senior Notes		401
		1,628
Less: current portion		(23	)
	$	1,605

Schedule of Principal Payments on Long-term Debt and Revolving Credit Facility

The schedule of principal payments on long-term debt and the revolving credit facility is as follows:

	December 31, 2018
2019	$	23
2020		28
2021		47
2022		65
2023		231
Thereafter		1,234
	$	1,628
Less: current portion		(23	)
	$	1,605

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2018

Leases [Abstract]

Schedule of Future Minimum Lease Payments Under Operating Leases

Future minimum lease payments under operating leases having initial non-cancellable lease terms in excess of one year are as follows:

	December 31, 2018
2019	$	12
2020		8
2021		5
2022		4
2023		4
Thereafter		15
	$	48

Financial Instruments and Fair Value Measures (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Financial Assets and Liabilities Accounted for at Fair Value on Recurring Basis

The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2018 and December 31, 2017:

					Fair Value
	Notional Amounts				Assets					Liabilities
	December 31, 2018		December 31, 2017		December 31, 2018			December 31, 2017		December 31, 2018			December 31, 2017
Designated forward currency exchange contracts	$	—	$	556	$	—		$	—	$	—		$	35	^(d)
Undesignated instruments:
Undesignated cross-currency swap		425		—		16	^(a)		—		—			—
Undesignated forward currency exchange contracts		413		372		4	^(b)		—		1	^(c)		2	^(d)
		838		372		20			—		1			2
	$	838	$	928	$	20		$	—	$	1		$	37

(a)	Recorded within Other assets in the Company’s Consolidated and Combined Balance Sheets

(b)	Recorded within Other current assets in the Company’s Consolidated and Combined Balance Sheets

(c)	Recorded within Accrued liabilities in the Company’s Consolidated and Combined Balance Sheets

(d)	Recorded within Due to related parties in the Company’s Consolidated and Combined Balance Sheet

Summary of Financial Assets and Liabilities Not Carried at Fair Value

The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value:

	December 31, 2018
	Carrying Value		Fair Value
Long-term debt and related current maturities	$	1,592	$	1,548

Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

	Years Ended December 31,
	2018		2017
Pension and other employee related	$	71	$	54
Advanced discounts from suppliers		63		53
Income taxes		59		42
Other		16		12
	$	209	$	161

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2018

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Summary of Changes in Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) are provided in the tables below:

	Pre-Tax			Tax			After-Tax
Year Ended December 31, 2016
Foreign exchange translation adjustment	$	29		$	—		$	29
Pension adjustments		(12	)		—			(12	)
Changes in fair value of effective cash flow hedges		38			(5	)		33
	$	55		$	(5	)	$	50
Year Ended December 31, 2017
Foreign exchange translation adjustment	$	72		$	—		$	72
Pension adjustments		—			—			—
Changes in fair value of effective cash flow hedges		(84	)		7			(77	)
	$	(12	)	$	7		$	(5	)
Year Ended December 31, 2018
Foreign exchange translation adjustment	$	(198	)	$	—		$	(198	)
Pension adjustments		(2	)		—			(2	)
Changes in fair value of effective cash flow hedges		37			(2	)		35
	$	(163	)	$	(2	)	$	(165	)

Changes in Accumulated Other Comprehensive Income (Loss) by Component

										Total
	Foreign			Changes in Fair						Accumulated
	Exchange			Value of						Other
	Translation			Effective Cash			Pension			Comprehensive
	Adjustment			Flow Hedges			Adjustments			Income (Loss)
Balance at December 31, 2016	$	212		$	42		$	(11	)	$	243
Other comprehensive income (loss) before reclassifications		72			(66	)		—			6
Amounts reclassified from accumulated other comprehensive income (loss)		—			(11	)		—			(11	)
Net current period other comprehensive income (loss)		72			(77	)		—			(5	)
Balance at December 31, 2017	$	284		$	(35	)	$	(11	)	$	238
Other comprehensive income (loss) before reclassifications		(198	)		12			(5	)		(191	)
Amounts reclassified from accumulated other comprehensive income		—			23			3			26
Net current period other comprehensive income (loss)		(198	)		35			(2	)		(165	)
Balance at December 31, 2018	$	86		$	—		$	(13	)	$	73

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

Year ended December 31, 2018
Affected Line in the Consolidated and Combined Statement of Operations
						Selling,
				Cost of		General and
	Net			Goods		Administrative		Non-Operating (Income)
	Sales			Sold		Expenses		Expense		Total
Amortization of Pension and Other Postretirement Items:
Actuarial losses recognized	$	—		$	—	$	—	$	3	$	3
Losses (gains) on cash flow hedges		(1	)		26		—		—		25
Tax expense (benefit)											(2	)
Total reclassifications for the period, net of tax										$	26

Year ended December 31, 2017
Affected Line in the Consolidated and Combined Statement of Operations
						Selling,
			Cost of			General and
	Net		Goods			Administrative		Non-Operating (Income)
	Sales		Sold			Expenses		Expense		Total
Amortization of Pension and Other Postretirement Items:
Actuarial losses recognized	$	—	$	—		$	—	$	—	$	—
Losses (gains) on cash flow hedges		—		(14	)		—		—		(14	)
Tax expense (benefit)											3
Total reclassifications for the period, net of tax										$	(11	)

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Restricted Stock Activity Related to Stock Incentive Plan

The following table summarizes information about RSU activity related to our Stock Incentive Plan for the year ended December 31, 2018:

	Number of Restricted Stock Units			Weighted Average Grant Date Fair Value Per Share
Non-vested at October 1, 2018		2,848,541		$	8.70
Granted		530,840			17.76
Vested		(4,452	)		6.67
Forfeited		(5,307	)		14.16
Non-vested at December 31, 2018		3,369,622		$	10.12

Summary of Information about Income Statement Impact from RSUs

The following table summarizes information about the income statement impact from RSUs for the year ended December 31, 2018:

Compensation expense		$	5
Future income tax benefit recognized			1

The activity related to stock based awards granted by Honeywell to employees of the Business for the year ended December 31, 2017 consisted of the following:

	RSUs						Options
					Wtd Avg
	Number of				Grant Date		Number of				Wtd Avg
	RSUs				Fair Value		Options				Exercise Price
Outstanding as of December 31, 2016		163,110			$	96		475,476			$	87
Granted^(a)		45,503				131		162,600				125
Vested/exercised		(41,137	)			83		(121,231	)			79
Outstanding as of December 31, 2017		167,476		^(b)(c)	$	108		516,845		^(d)	$	101

(a)	Primarily represents awards granted by Honeywell in February and July 2017.

(b)	Aggregate unrecognized compensation expense related to RSUs was $9.4 million as of December 31, 2017, which is expected to be recognized over a weighted average period of 3.6 years.

(c)	Substantially all RSUs outstanding as of December 31, 2017 are expected to vest over time.

(d)	Aggregate unrecognized compensation expense related to stock options was $4.2 million as of December 31, 2017, which is expected to be recognized over a weighted average period of 2.5 years.

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The details of the earnings per share calculations for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Years Ended December 31,
	2018		2017			2016
Basic
Net Income	$	1,180	$	(983	)	$	199
Weighted average common shares outstanding		74,059,240		74,070,852			74,070,852
EPS – Basic	$	15.93	$	(13.27	)	$	2.69

	Years Ended December 31,
	2018		2017			2016
Diluted
Net Income	$	1,180	$	(983	)	$	199
Weighted average common shares outstanding – Basic		74,059,240		74,070,852			74,070,852
Dilutive effect of unvested RSUs		342,908		—			—
Weighted average common shares outstanding – Diluted		74,402,148		74,070,852			74,070,852
EPS – Diluted	$	15.86	$	(13.27	)	$	2.69

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2018

Commitments And Contingencies Disclosure [Abstract]

Summary of Obligation Payable to Honeywell

The following table summarizes our Obligation payable to Honeywell related to these agreements following the Spin-Off:

	2018
	Asbestos and environmental			Tax Matters			Total
Beginning of year	$	—		$	—		$	—
Spin-Off related adjustments		1,328			308			1,636
Accrual for update to estimated liability		(30	)		—			(30	)
Legal fees expensed		14			—			14
Payments to Honeywell		(41	)		(19	)		(60	)
Currency translation adjustment		(27	)		(7	)		(34	)
End of year	$	1,244		$	282		$	1,526

Current		108			19			127
Non-current		1,136			263			1,399
Total	$	1,244		$	282		$	1,526

Summary of Asbestos Related Liabilities and Insurance Recoveries

The following table summarizes information concerning both Bendix and other asbestos-related balances. Other represents asbestos liabilities related to claimants outside the United States.

Asbestos-Related Liabilities

	Year ended December 31, 2018									Year ended December 31, 2017									Year ended December 31, 2016
	Bendix			Other			Total			Bendix			Other			Total			Bendix			Other		Total
Beginning of year	$	1,703		$	9		$	1,712		$	1,789		$	6		$	1,795		$	1,793		$	6	$	1,799
Accrual for update to estimated liabilities		141			—			141			199			4			203			203			—		203
Change in estimated cost of future claims		—			—			—			(65	)		—			(65	)		(10	)		—		(10	)
Update of expected resolution values for pending claims		—			—			—			3			—			3			4			—		4
Asbestos-related liability payments		(151	)		(4	)		(155	)		(223	)		(1	)		(224	)		(201	)		—		(201	)
Spin-Off related adjustments		(1,693	)		(4	)		(1,697	)		—			—			—			—			—		—
End of year	$	—		$	1		$	1		$	1,703		$	9		$	1,712		$	1,789		$	6	$	1,795

Insurance Recoveries for Asbestos-Related Liabilities

	2018			2017			2016
	Bendix			Bendix			Bendix
Beginning of year	$	191		$	201		$	222
Probable insurance recoveries related to estimated liability		10			10			8
Insurance receipts for asbestos-related liabilities		(24	)		(20	)		(37	)
Insurance receivables settlements and write-offs		1			—			7
Other		—			—			1
Spin-Off related adjustments		(178	)		—			—
	$	—		$	191		$	201

Summary of Asbestos Balances Included in Balance Sheet Accounts

Asbestos balances are included in the following balance sheet accounts:

	December 31,
	2018		2017
Other current assets	$	—	$	17
Insurance recoveries for asbestos-related liabilities		—		174
	$	—	$	191
Accrued liabilities	$	—	$	185
Asbestos-related liabilities		1		1,527
	$	1	$	1,712

Summary of Asbestos Claim Activity

The following tables present information regarding Bendix-related asbestos claims activity:

	Years Ended December 31,
Claims Activity	2018			2017
Claims Unresolved at the beginning of year		6,280			7,724
Claims Filed		2,430			2,645
Claims Resolved		(2,501	)		(4,089	)
Claims Unresolved at the end of the year		6,209			6,280

	December 31,
Disease Distribution of Unresolved Claims	2018		2017
Mesothelioma and Other Cancer Claims		2,949		3,062
Nonmalignant Claims		3,260		3,218
Total Claims		6,209		6,280

Summary of Average Resolutions Per Claim Excluding Legal Costs

Honeywell has experienced average resolutions per Bendix-related asbestos claim, excluding legal costs, as follows:

	Years Ended December 31,
	2018		2017		2016		2015		2014
					(in whole dollars)
Malignant claims	$	55,300	$	56,000	$	44,000	$	44,000	$	53,500
Nonmalignant claims	$	4,700	$	2,800	$	4,485	$	100	$	120

Summary Information Concerning Our Recorded Obligations For Product Warranties and Product Performance Guarantees

The following table summarizes information concerning our recorded obligations for product warranties and product performance guarantees.

	Years Ended December 31,
	2018			2017			2016
Beginning of year	$	28		$	22		$	19
Accruals for warranties/guarantees issued during the year		33			14			14
Settlement of warranty/guarantee claims		(29	)		(8	)		(11	)
	$	32		$	28		$	22

Defined Benefit Pension Plans (Tables)

12 Months Ended

Dec. 31, 2018

Compensation And Retirement Disclosure [Abstract]

Summary of Balance Sheet Impact, Including Benefit Obligations, Assets and Funded Status

The following tables summarize the balance sheet impact, including the benefit obligations, assets and funded status associated with our significant pension plans.

	Pension Benefits
	U.S. Plans			Non-U.S. Plans			Non-U.S. Plans
	2018			2018⁽¹⁾			2017⁽¹⁾
Change in benefit obligation:
Benefit obligation at beginning of the year	$	—		$	107		$	89
Transfer of plan obligations from Former Parent		181			65			—
Spin-Off remeasurement adjustment		—			2			—
Service cost		—			4			2
Interest cost		2			2			2
Plan amendments		—			1			—
Actuarial (gains) losses		(3	)		(5	)		3
Benefits paid		(2	)		(3	)		(1	)
Foreign currency translation		—			(5	)		12
Other		—			4			—
Benefit obligation at end of the year		178			172			107
Change in plan assets:
Fair value of plan assets at beginning of the year		—			64			50
Transfer of plan assets from Former Parent		181			54			—
Spin-Off remeasurement adjustment		—			(10	)		—
Actual return on plan assets		(2	)		2			4
Employer contributions		—			16			3
Benefits paid		(2	)		(3	)		—
Foreign currency translation		—			(4	)		7
Other		—			4			—
Fair value of plan assets at end of year		177			123			64
Funded status of plans	$	(1	)	$	(49	)	$	(43	)
Amounts recognized in Consolidated Balance Sheet consist of:
Accrued pension liabilities - current		—			—			(3	)
Accrued pension liabilities - noncurrent⁽²⁾		(1	)		(49	)		(40	)
Net amount recognized	$	(1	)	$	(49	)	$	(43	)

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

(2)	Included in Other liabilities in the Consolidated and Combined Balance Sheet

Summary of Accumulated Other Comprehensive (Income) Loss Associated with Pension Plan

Amounts recognized in Accumulated other comprehensive (income) loss associated with our significant pension and other postretirement benefit plans at December 31, 2018 are as follows:

	Pension Benefits
	U.S. Plans			Non-U.S. Plans		Non-U.S. Plans
	2018			2018⁽¹⁾		2017⁽¹⁾
Prior service (credit)	$	(2	)	$	—	$	—
Net actuarial loss		4			7		11
Net amount recognized	$	2		$	7	$	11

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Summary of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive (Income) Loss

	Pension Benefits
	U.S. Plans			Non-U.S. Plans
Net Periodic Benefit Cost	2018			2018⁽¹⁾			2017⁽¹⁾
Service cost	$	—		$	4		$	2
Interest cost		2			2			2
Expected return on plan assets		(3	)		(3	)		(2	)
Recognition of actuarial losses		—			3			—
Net periodic benefit (income) cost	$	(1	)	$	6		$	2

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Summary of Net Periodic Benefit (Income) Cost Other Than The Service Cost Included in Other Expense, Net

Other Changes in Plan Assets and Benefits Obligations Recognized in	U.S. Plans		Non-U.S. Plans
Other Comprehensive (Income) Loss	2018		2018⁽¹⁾			2017⁽¹⁾
Actuarial (gains) losses	$	2	$	(4	)	$	—
Prior service (credit)		—		1			—
Actuarial losses recognized during year		—		(3	)		—
Total recognized in other comprehensive (income) loss	$	2	$	(6	)	$	—
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss	$	1	$	—		$	2

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Summary of Major Actuarial Assumptions Used in Determining Benefit Obligations and Net Periodic Benefit (Income) Cost

	Pension Benefits
	U.S. Plans			Non-U.S. Plans
	2018			2018⁽¹⁾			2017⁽¹⁾
Actuarial assumptions used to determine benefit obligations as of December 31:
Discount rate		4.33	%		1.50	%		1.80	%
Expected annual rate of compensation increase		3.74	%		1.77	%		2.00	%
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate—benefit obligation		4.33	%		1.50	%		1.80	%
Discount rate—service cost		4.11	%		1.50	%		1.80	%
Discount rate—interest cost		4.02	%		1.50	%		1.80	%
Expected rate of return on plan assets		6.00	%		3.77	%		4.00	%
Expected annual rate of compensation increase		3.74	%		1.77	%		2.00	%

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Summary of Amounts Relate to Significant Pension Plans with Accumulated Benefit Obligations Exceeding Fair Value of Plan Assets

The following amounts relate to our significant pension plans with accumulated benefit obligations exceeding the fair value of plan assets.

	December 31,
	U.S. Plans		Non-U.S. Plans
	2018		2018⁽¹⁾		2017⁽¹⁾
Projected benefit obligation	$	178	$	172	$	107
Accumulated benefit obligation		177		164		104
Fair value of plan assets		177		123		64

(1)	For the periods prior to the Spin-Off, only the pension plan in Ireland is reflected as a non-U.S. defined benefit pension plan as all other pension plans were accounted for as multiemployer plans. Following the Spin-Off, the defined benefit pension plan in Switzerland is also reflected.

Summary of Fair Values of Both U.S. and Non-U.S. Pension Plans Assets by Asset Category

The fair values of both our U.S. and non-U.S. pension plans assets by asset category are as follows:

	U.S. Plans
	December 31, 2018
	Total		Level 1		Level 2		Level 3
Equity funds	$	60	$	—	$	60	$	—
Short-term investments		8		—		8		—
Corporate bond funds		92		—		92		—
Real estate funds		17		—		17		—
Total assets at fair value	$	177	$	—	$	177	$	—

	Non-U.S. Plans
	December 31, 2018
	Total		Level 1		Level 2		Level 3
Equity funds	$	48	$	—	$	48	$	—
Short-term investments		12		—		12		—
Government bond funds		28		—		28		—
Corporate bond funds		16		—		16		—
Real estate funds		11		—		11		—
Other		8		—		8		—
Total assets at fair value	$	123	$	—	$	123	$	—

	Non-U.S. Plans
	December 31, 2017
	Total		Level 1		Level 2		Level 3
Equity funds	$	33	$	—	$	33	$	—
Government bond funds		19		—		19		—
Corporate bond funds		6		—		6		—
Other		6		—		6		—
Total assets at fair value	$	64	$	—	$	64	$	—

Summary of Benefit Payments

Benefit payments, including amounts to be paid from Company assets, and reflecting expected future service, as appropriate, are expected to be paid as follows:

	U.S. Plans		Non-U.S. Plans
2019	$	9	$	3
2020		10		3
2021		10		3
2022		10		3
2023		11		3
2024-2028		56		18

China Variable Interest Entity (Tables)

12 Months Ended

Dec. 31, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Schedule of Consolidated Assets and Liabilities

The following table summarizes the consolidated assets and liabilities of Garrett China:

	December 31,
	2018		2017
	(Dollars in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	70	$	78
Accounts, notes and other receivables—net		224		240
Inventories—net		19		21
Due from related parties, current		—		73
Total current assets		313		412
Property, plant and equipment—net		67		66
Deferred income taxes		20		8
Other assets		1		—
Total assets	$	401	$	486
LIABILITIES
Current liabilities:
Accounts payable	$	261	$	245
Due to related parties, current		—		37
Accrued liabilities		77		84
Total current liabilities		338		366
Other liabilities		13		16
Total liabilities	$	351	$	382

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

Concentrations (Tables)

12 Months Ended

Dec. 31, 2018

Risks And Uncertainties [Abstract]

Summary of Net Sales by Region

Sales concentration—Net sales by region (determined based on country of shipment⁽¹⁾) and channel are as follows:

	Year ended December 31, 2018
	OEM		Aftermarket		Other		Total
United States	$	338	$	175	$	5	$	518
Europe		1,686		151		54		1,891
Asia		847		50		26		923
Other International		22		21		—		43
	$	2,893	$	397	$	85	$	3,375

	Year ended December 31, 2017⁽¹⁾
	OEM		Aftermarket		Other		Total
United States	$	277	$	178	$	6	$	461
Europe		1,568		140		54		1,762
Asia		750		49		33		832
Other International		19		22		—		41
	$	2,614	$	389	$	93	$	3,096

	Year ended December 31, 2016⁽¹⁾
	OEM		Aftermarket		Other		Total
United States	$	296	$	164	$	6	$	466
Europe		1,622		149		35		1,806
Asia		611		53		28		692
Other International		12		21		—		33
	$	2,541	$	387	$	69	$	2,997

(1)	The sales concentration information was previously presented based on the customer’s origin and is now presented based on country of shipment. As a result, the prior periods presented were recast to conform to the current year presentation.

Summary of Net Sales to Largest Customers and Corresponding Percentage of Total Net Sales

Customer concentration—Net sales to Garrett’s largest customers and the corresponding percentage of total net sales are as follows:

	Net sales
	Years ended December 31,
	2018		%		2017		%		2016		%
Customer A	$	455		13	$	423		14	$	436		15
Customer B		254		8		246		8		303		10
Others		2,666		79		2,427		78		2,258		75
	$	3,375		100	$	3,096		100	$	2,997		100

Summary of Long-lived Assets by Region

Long-lived assets concentration—Long-lived assets by region are as follows:

	Long-lived Assets⁽¹⁾
	December 31,
	2018		2017		2016
United States	$	26	$	23	$	21
Europe		273		273		219
Asia		123		124		109
Other International		16		22		22
	$	438	$	442	$	371

(1)	Long-lived assets are comprised of property, plant and equipment–net.

Unaudited Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Summary of Unaudited Quarterly Financial Information

	2018
	March 31		June 30		September 30^(b)		December 31		Year Ended December 31,
Net Sales	$	915	$	877	$	784	$	799	$	3,375
Gross Profit		211		215		178		172		776
Net Income (Loss)		58		150		929		43		1,180
Earnings (loss) per share - basic^(a)		0.78		2.03		12.54		0.58		15.93
Earnings (loss) per share - diluted^(a)		0.78		2.03		12.54		0.57		15.86

	2017
	March 31		June 30		September 30		December 31^(c)			Year Ended December 31,
Net Sales	$	772	$	775	$	745	$	804		$	3,096
Gross Profit		188		197		177		173			735
Net Income (Loss)		75		105		57		(1,220	)		(983	)
Earnings (Loss) per share - basic^(a)		1.01		1.42		0.77		(16.47	)		(13.27	)
Earnings per share - diluted^(a)		1.01		1.42		0.77		(16.47	)		(13.27	)

(a)

(b)

(c)	Net Loss for the quarter ended December 31, 2017 was impacted by the Tax Act in the amount of $1,335 million. Refer to Note 7 Income Taxes.

Organization, Operations and Basis of Presentation - Additional Information (Details) shares in Millions			12 Months Ended
	Oct. 01, 2018 shares	Sep. 12, 2018 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017
Indemnification and Reimbursement Agreement
Organizations Operations And Basis Of Presentation [Line Items]
Agreement termination date		Dec. 31, 2048
Agreement termination description		The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.	The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.
Bendix
Organizations Operations And Basis Of Presentation [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		100.00%	100.00%	100.00%
Honeywell
Organizations Operations And Basis Of Presentation [Line Items]
Conversion common stock shareowner received ratio	0.1
Description of conversion common stock shareowner received ratio	Each Honeywell stockholder of record received one share of Garrett common stock for every 10 shares of Honeywell common stock held on the record date.
Shares of Garrett common stock distributed \| shares	74
Liability for asbestos and environmental claims maximum amount converted into euros			$ 25,000,000
Honeywell \| Indemnification and Reimbursement Agreement
Organizations Operations And Basis Of Presentation [Line Items]
Percentage of net insurance receipts		90.00%
Honeywell \| Indemnification and Reimbursement Agreement \| Maximum
Organizations Operations And Basis Of Presentation [Line Items]
Liability for asbestos and environmental claims maximum amount converted into euros		$ 25,000,000
Honeywell \| Bendix \| Indemnification and Reimbursement Agreement
Organizations Operations And Basis Of Presentation [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		90.00%
Honeywell \| Garrett Motion Inc.
Organizations Operations And Basis Of Presentation [Line Items]
Pro rata distribution of outstanding shares, percentage	100.00%

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)				9 Months Ended	12 Months Ended
	Oct. 01, 2018	Sep. 12, 2018	Mar. 31, 2018	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Feb. 29, 2016
Significant Accounting Policies [Line Items]
Goodwill, impairment			$ 0
Basic and diluted shares				74,070,852
ASU 2016-16 \| Retained Earnings
Significant Accounting Policies [Line Items]
Increased in deferred tax assets for cumulative effect adjustment					$ 191,000,000
Shared Plan
Significant Accounting Policies [Line Items]
Pension expense					5,000,000	$ 7,000,000	$ 6,000,000
Honeywell
Significant Accounting Policies [Line Items]
Liability for asbestos and environmental claims maximum amount converted into euros					$ 25,000,000
Number of spin-off common Stock distributed	74,070,852
Indemnification and Reimbursement Agreement
Significant Accounting Policies [Line Items]
Agreement termination description		The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.			The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.
Reimbursement agreement termination date					Dec. 31, 2048
Indemnification and Reimbursement Agreement \| Honeywell
Significant Accounting Policies [Line Items]
Percentage of net insurance receipts		90.00%
Bendix
Significant Accounting Policies [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		100.00%			100.00%	100.00%
Bendix \| Indemnification and Reimbursement Agreement \| Honeywell
Significant Accounting Policies [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		90.00%
Cost of goods sold
Significant Accounting Policies [Line Items]
Research and development cost					$ 128,000,000	$ 119,000,000	112,000,000
Engineering-related expenses					$ 10,000,000	$ 19,000,000	$ 21,000,000
Minimum \| ASU 2016-02
Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Assets								$ 33,000,000
Operating Lease, Liabilities								33,000,000
Maximum \| ASU 2016-02
Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Assets								43,000,000
Operating Lease, Liabilities								$ 43,000,000
Maximum \| Indemnification and Reimbursement Agreement \| Honeywell
Significant Accounting Policies [Line Items]
Liability for asbestos and environmental claims maximum amount converted into euros		$ 25,000,000
Buildings and Improvements \| Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives					10 years
Buildings and Improvements \| Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives					50 years
Machinery and Equipment \| Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives					2 years
Machinery and Equipment \| Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives					16 years
Tooling Equipment \| Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives					3 years
Tooling Equipment \| Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives					10 years
Software \| Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives					5 years
Software \| Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives					7 years

Related Party Transactions with Honeywell - Additional Information (Details) - Honeywell International Inc - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Notes Receivables
Related Party Transaction [Line Items]
Interest income received for related party	$ 1	$ 1	$ 4
Notes Payable
Related Party Transaction [Line Items]
Interest expense incurred for related party	1	6	6
Invested Deficit
Related Party Transaction [Line Items]
Non-interest-bearing cash pooling balances		51
Selling, General and Administrative Expenses
Related Party Transaction [Line Items]
General corporate expenses included within selling, general and administrative expenses	$ 87	$ 127	$ 75

Related Party Transactions with Honeywell - Summary of Due from Related Parties, Current (Details) $ in Millions	Dec. 31, 2017 USD ($)
Related Party Transaction [Line Items]
Due from related parties, current	$ 530
Honeywell International Inc
Related Party Transaction [Line Items]
Cash pooling and short-term notes receivables	495
Other tax receivables from Former Parent	26
Receivables from related parties	8
Related party notes receivables, current	1
Due from related parties, current	$ 530

Related Party Transactions with Honeywell - Summary of Due from Related Parties, Non-Current (Details) $ in Millions	Dec. 31, 2017 USD ($)
Related Party Transaction [Line Items]
Due from related parties, non-current	$ 23
Honeywell International Inc
Related Party Transaction [Line Items]
Other tax receivables from Former Parent	23
Due from related parties, non-current	$ 23

Related Party Transactions with Honeywell - Summary of Due to Related Parties, Current (Details) $ in Millions	Dec. 31, 2017 USD ($)
Related Party Transaction [Line Items]
Due to related parties, current	$ 1,117
Honeywell International Inc
Related Party Transaction [Line Items]
Cash pooling and short-term notes payables	545
Related party notes payables, current	484
Payables to related parties	51
Foreign currency exchange contracts	37
Due to related parties, current	$ 1,117

Related Party Transactions with Honeywell - Summary of Components of Net Transfers to and from Honeywell (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Total net decrease (increase) in Invested deficit	$ (1,168)	$ 14	$ (111)
Honeywell International Inc
Related Party Transaction [Line Items]
General financing activities	1,774	(363)	(151)
Distribution to Former Parent	(2,994)	(97)	(117)
Unbilled corporate allocations	41	70	37
Stock compensation expense and other compensation awards	17	19	16
Pension expense	7	9	13
Mandatory Transition Tax	(13)	354
Other Income Tax		22	91
Spin-Off related adjustments	(250)
Issuance of common stock and reclassification of invested deficit	2,714
Total net decrease (increase) in Invested deficit	$ 1,296	$ 14	$ (111)

Revenue Recognition and Contracts with Customers -Summary of Cumulative Impact of New Accounting Pronouncements and Changes in Accounting on Consolidated and Combined Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Other current assets	$ 71	$ 321
Other assets	80	2
Non-current liabilities:
Deferred income taxes	$ 27	956
EQUITY (DEFICIT)
Invested deficit		(2,433)
Adjustments
Current assets:
Other current assets		7
Other assets		53
Non-current liabilities:
Deferred income taxes		6
EQUITY (DEFICIT)
Invested deficit		54
As Adjusted
Current assets:
Other current assets		328
Other assets		55
Non-current liabilities:
Deferred income taxes		962
EQUITY (DEFICIT)
Invested deficit		$ (2,379)

Revenue Recognition and Contracts with Customers - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue Recognition And Contracts With Customers [Line Items]
Decrease in revenues	$ 6
Deferred payments to customers	$ 2	$ 7
Revenue performance obligation, description of timing	The timing of satisfying the performance obligation is typically indicated by the terms of the contract. All performance obligations are expected to be satisfied within one year, with substantially all performance obligations being satisfied within a month
Contract with customer cash advances and unbilled receivables settlement period	3 months
Revenue performance obligation, description of payment terms	The timing of satisfaction of our performance obligations does not significantly vary from the typical timing of payment, with cash advances (contract liabilities) and unbilled receivables (contract assets) being settled within 3 months. For some contracts, we may be entitled to receive an advance payment.
Revenue, Practical Expedient, Initial Application and Transition, Nondisclosure of Transaction Price Allocation to Remaining Performance Obligation [true false]	true
Maximum
Revenue Recognition And Contracts With Customers [Line Items]
Revenue performance obligation satisfied over time percentage	1.00%
Other Current Assets
Revenue Recognition And Contracts With Customers [Line Items]
Deferred payments to customers	$ 9
Other Assets
Revenue Recognition And Contracts With Customers [Line Items]
Deferred payments to customers	$ 56

Revenue Recognition and Contracts with Customers - Summary of Contract Assets and Liabilities (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018 USD ($)
Contract With Customer Asset And Liability [Abstract]
Contract assets—January 1	$ 5
Contract assets—December 31	5
Contract liabilities—January 1	(7)
Contract liabilities—December 31	(2)
Change in contract liabilities—(Increase)/Decrease	$ 5

Revenue Recognition and Contracts with Customers - Additional Information (Details 1)	Dec. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-01-01
Revenue Recognition And Contracts With Customers [Line Items]
Performance obligation expected to be satisfied, period	1 year

Other Expense, Net - Schedule of Other Operating Cost and Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Income And Expenses [Abstract]
Indemnification related — post Spin-Off	$ (16)
Asbestos related, net of probable insurance recoveries	131	$ 132	$ 181
Environmental remediation, non-active sites	5	(2)	2
Other operating income (expense), net	$ 120	$ 130	$ 183

Non-Operating (Income) Expense - Schedule of Non-Operating (Income) Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Non Operating Income Expense [Abstract]
Equity income of affiliated companies	$ (5)	$ (4)	$ (6)
Interest income	(7)	(14)	(16)
Pension ongoing (income) expense—non service	2	(1)	5
Foreign exchange	6		9
Others, net	(4)	1	3
Other non-operating (income) expense	$ (8)	$ (18)	$ (5)

Income Taxes - Schedule of Income (loss) Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income before taxes
Domestic entities	$ (99)	$ (105)	$ (181)
Entities outside the U.S.	495	471	431
Income before taxes	$ 396	$ 366	$ 250

Income Taxes - Schedule of Tax Expense (Benefits) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current:
Federal	$ 7	$ 311	$ 13
State	1	(2)	2
Foreign	113	67	75
Total current income tax expense (benefit)	121	376	90
Deferred:
Federal	(3)	3
State		6
Foreign	(902)	964	(39)
Total deferred income tax expense (benefit)	(905)	973	(39)
Income tax expense (benefit)	$ (784)	$ 1,349	$ 51

Income Taxes - Schedule of U.S Federal Statutory Income Tax Rate Reconciled to Effective Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
U.S. federal statutory income tax rate	21.00%	35.00%	35.00%
Taxes on non-U.S. earnings different from U.S. tax rate, net of changes in valuation allowance	1.10%	(28.00%)	(46.10%)
Reserves for tax contingencies	1.00%	(14.30%)	7.00%
Enactment of the Tax Act	1.00%	364.70%
Non-deductible expenses	6.00%	11.60%	25.30%
Restructuring/Foreign Unremitted Earnings	(227.70%)
All other items	(0.40%)	(0.40%)	(0.80%)
Effective income tax rate	(198.00%)	368.60%	20.40%

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Line Items]
Increase (decrease) to the effective tax rate, percentage		(566.60%)	348.20%
Non-U.S. effective income tax rate		(197.60%)	218.90%
Deferred tax liability, withholding taxes		$ 56	$ 980
Deferred tax assets		209	65
Valuation allowance		24	48
Deferred tax asset		165	41
Deferred income taxes		27	956
Unrecognized tax benefits		32	100	$ 152
Interest and penalties expense		2	6	5
Accrued interest and penalties		$ 29	$ 35	$ 43
U.S. federal statutory income tax rate		21.00%	35.00%	35.00%
Provisional tax charge due to the imposition of the mandatory transition tax (“MTT”)			$ 354
Estimated foreign affiliates		$ 1,700
Undistributed foreign earnings tax rate		15.50%
Remaining Undistributed foreign earning tax rate		8.00%
Undistributed earnings indemnity obligation		$ 240
Net tax liability attributable to the business	$ 240
Amount payable in installments over the years	8 years
Tax charge on unremitted earnings of foreign affiliates			980
Tax charge due to liability reduced to mandatory transition tax		240
Maximum
Income Taxes [Line Items]
Increase (decrease) in income taxes			$ 1
Non-US
Income Taxes [Line Items]
Deferred tax liability, withholding taxes		56
Deferred tax assets		209
Valuation allowance		$ 24
Foreign
Income Taxes [Line Items]
Increase (decrease) to the effective tax rate, percentage		(417.00%)	210.50%

Income Taxes - Schedule of Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Pension		$ 7
Other accruals and reserves	$ 38	22
Net operating and capital losses	27	77
Depreciation and amortization	158	(8)
Other	10	15
Total Deferred tax assets	233	113
Valuation allowance	(24)	(48)
Net deferred tax assets	209	65
Deferred tax liabilities:
Investment basis differences	(56)	(980)
Other liabilities	(15)
Total deferred tax liabilities	(71)	(980)
Net deferred tax asset/(liability)	$ 138
Net deferred tax asset/(liability)		$ (915)

Income Taxes - Schedule of Net Operating Loss Carryforwards (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018 USD ($)
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 88
Non-US Expiration Period 2027
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 3
Expiration period	2027
Non-Us Indefinite Expiration Period
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 85
Expiration period	Indefinite

Income Taxes - Schedule of Changes in Uncertain Tax Positions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Change in unrecognized tax benefits:
Balance at beginning of year	$ 100	$ 152	$ 136
Gross increases related to current period tax positions	7	11	21
Gross increases related to prior periods tax positions	5	1	1
Gross decreases related to prior periods tax positions	(8)	(64)	(5)
Decrease related to resolutions of audits with tax authorities		(2)
Potential Indemnifications to Honeywell for US and foreign taxes as contractually obligated in connection with Tax Matters Agreement	(71)
Foreign currency translation	(1)	2	(1)
Balance at end of year	$ 32	$ 100	$ 152

Income Taxes - Summary of Income Tax Examinations (Details)	12 Months Ended
	Dec. 31, 2018
U.S. Federal \| 2015
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2015
U.S. Federal \| 2016
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2016
U.S. Federal \| 2017
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2017
U.S. Federal \| 2018
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2018
U.S. State \| 2015
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2015
U.S. State \| 2016
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2016
U.S. State \| 2017
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2017
U.S. State \| 2018
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2018
Germany \| 2015
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2015
Germany \| 2016
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2016
Germany \| 2017
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2017
Germany \| 2018
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2018
Germany \| Tax Year 2008
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2008
Germany \| Tax Year 2009
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2009
Germany \| Tax Year 2010
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2010
Germany \| Tax Year 2011
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2011
Germany \| Tax Year 2012
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2012
Germany \| Tax Year 2013
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2013
Germany \| Tax Year 2014
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2014
India \| 2015
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2015
India \| 2016
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2016
India \| 2017
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2017
India \| 2018
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2018
India \| Tax Year 2008
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2008
India \| Tax Year 2009
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2009
India \| Tax Year 2010
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2010
India \| Tax Year 2011
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2011
India \| Tax Year 2012
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2012
India \| Tax Year 2013
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2013
India \| Tax Year 2014
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2014
India \| 1999
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	1999
India \| 2000
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2000
India \| 2001
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2001
India \| 2002
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2002
India \| 2003
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2003
India \| 2004
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2004
India \| 2005
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2005
India \| 2006
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2006
India \| 2007
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2007
United Kingdom \| 2015
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2015
United Kingdom \| 2016
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2016
United Kingdom \| 2017
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2017
United Kingdom \| 2018
Income Taxes [Line Items]
Income Tax Examinations Not Yet Initiated Years	2018
United Kingdom \| Tax Year 2013
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2013
United Kingdom \| Tax Year 2014
Income Taxes [Line Items]
Income Tax Examinations In Progress, Years	2014

Accounts, Notes and Other Receivables Net - Schedule of Accounts, Notes and Other Receivables Net (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Receivables [Abstract]
Trade receivables	$ 593	$ 592
Notes receivables	93	83
Other receivables	67	73
Accounts, notes and other receivables, gross	753	748
Less—Allowance for doubtful accounts	(3)	(3)
Accounts, notes and other receivables, net	$ 750	$ 745

Accounts, Notes and Other Receivables Net - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Receivables [Abstract]
Unbilled balances	$ 5	$ 6

Inventories-Net - Summary of Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Inventory Combining Work In Process And Raw Materials Alternative Gross [Abstract]
Raw materials	$ 112	$ 118
Work in process	19	20
Finished products	64	73
Inventory, gross	195	211
Less—Reserves	(23)	(23)
Inventories	$ 172	$ 188

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Marketable securities		$ 298
Insurance recoveries for asbestos-related liabilities		17
Prepaid expenses	$ 14	3
Taxes receivable	35
Advanced discounts to customers, current	9
Customer reimbursable engineering	10	3
Other	3
Other current assets	$ 71	$ 321

Property, Plant and Equipment - Net - Schedule of Property, Plant and Equipment - Net (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 1,216	$ 1,314
Less—Accumulated depreciation and amortization	(778)	(872)
Total property, plant and equipment-net	438	442
Machinery and Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	623	720
Tooling
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	306	291
Buildings and improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	136	145
Construction in progress
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	57	65
Software
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	54	54
Land and improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	16	14
Others
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 24	$ 25

Property, Plant and Equipment - Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Depreciation and amortization expense	$ 72	$ 64	$ 59

Goodwill - Schedule of Carrying Amount of Goodwill (Details) $ in Millions	Dec. 31, 2018 USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Beginning balance	$ 193
Ending balance	$ 193

Accrued Liabilities - Summary of Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Accrued Liabilities Current [Abstract]
Asbestos-related liabilities		$ 185
Customer pricing reserve	$ 107	114
Compensation, benefit and other employee related	71	65
Repositioning	15	60
Product warranties and performance guarantees	32	28
Other taxes	113	22
Advanced discounts from suppliers, current	17	12
Customer advances and deferred income	14	21
Accrued interest	6
Other (primarily operating expenses)	51	64
Accrued Liabilities	$ 426	$ 571

Accrued Liabilities - Summary of Accrued Liabilities (Parenthetical) (Details) - USD ($) $ in Millions		12 Months Ended
	Sep. 12, 2018	Dec. 31, 2018	Dec. 31, 2017
Accrued Liabilities Current [Line Items]
Contract liabilities		$ 2	$ 7
Bendix
Accrued Liabilities Current [Line Items]
Percentage of asbestos and environmental liabilities liable to pay	100.00%	100.00%	100.00%

Accrued Liabilities - Summary of Expenses Related to the Repositioning Accruals (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Restructuring Cost And Reserve [Line Items]
Balance at beginning of period	$ 60	$ 43
Charges	2	20
Usage—cash	(47)	(8)
Foreign currency translation		5
Balance at end of period	15	60
Severance Costs
Restructuring Cost And Reserve [Line Items]
Balance at beginning of period	53	35
Charges	2	20
Usage—cash	(42)	(6)
Foreign currency translation		4
Balance at end of period	13	53
Exit Costs
Restructuring Cost And Reserve [Line Items]
Balance at beginning of period	7	8
Usage—cash	(5)	(2)
Foreign currency translation		1
Balance at end of period	$ 2	$ 7

Long-term Debt and Credit Agreements - Summary of Amounts Outstanding on Long-term Debt and Revolving Credit Facility (Details) $ in Millions	Dec. 31, 2018 USD ($)
Debt Instrument [Line Items]
Long-term debt	$ 1,628
Less: current portion	(23)
Debt face amount	1,605
Term Loan A
Debt Instrument [Line Items]
Long-term debt	374
Term Loan B
Debt Instrument [Line Items]
Long-term debt	853
Senior Notes
Debt Instrument [Line Items]
Long-term debt	$ 401

Long-term Debt and Credit Agreements - Additional Information (Details)		12 Months Ended
	Sep. 27, 2018 USD ($)	Dec. 31, 2018 USD ($)	Sep. 27, 2018 EUR (€)
Debt Instrument [Line Items]
Line of credit, interest rate terms		Senior Credit Facilities are subject to an interest rate, at our option, of either (a) base rate determined by reference to the highest of (1) the rate of interest last quoted by The Wall Street Journal as the “prime rate” in the United States, (2) the greater of the federal funds effective rate and the overnight bank funding rate, plus 0.5% and (3) the one month adjusted LIBOR rate, plus 1% per annum (“ABR”), (b) an adjusted LIBOR rate (“LIBOR”) (which shall not be less than zero), or (c) an adjusted EURIBOR rate (“EURIBOR”) (which shall not be less than zero), in each case, plus an applicable margin.
Line of credit, frequency of interest payment description		Interest payments with respect to the Term Loan Facilities are required either on a quarterly basis (for ABR loans) or at the end of each interest period (for LIBOR and EURIBOR loans) or, if the duration of the applicable interest period exceeds three months, then every three months
Line of credit, frequency of principal payments		quarterly
Payment of debt issuance costs		$ 37,000,000
Maximum
Debt Instrument [Line Items]
Consolidated total leverage ratio		425.00%
Consolidated total leverage ratio in 2019		400.00%
Consolidated total leverage ratio in 2020		375.00%
Consolidated total leverage ratio in 2021		350.00%
Minimum
Debt Instrument [Line Items]
Consolidated interest coverage ratio		275.00%
Term B Facility
Debt Instrument [Line Items]
Percentage of prepayment premium	1.00%
Term B Facility \| LIBOR Loans
Debt Instrument [Line Items]
Debt instrument applicale margin rate	2.50%
Term B Facility \| ABR Loans
Debt Instrument [Line Items]
Debt instrument applicale margin rate	1.50%
Term B Facility \| EURIBOR Loans
Debt Instrument [Line Items]
Debt instrument applicale margin rate	2.75%
5.125% Senior Notes Due 2026
Debt Instrument [Line Items]
Senior notes	$ 400,000,000		€ 350,000,000
Debt instrument, annual fixed interest rate	5.125%		5.125%
Debt instrument maturity date	Oct. 15, 2026
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Payment of debt issuance costs		$ 6,000,000
Revolving Credit Facility [Member] \| Maximum
Debt Instrument [Line Items]
Percentage of annual commitment fee		0.50%
Revolving Credit Facility [Member] \| Minimum
Debt Instrument [Line Items]
Percentage of annual commitment fee		0.40%
Credit Agreement \| Euro Equivalent Senior Secured Financing
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 1,254,000,000
Credit Agreement \| Term B Facility
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 425,000,000		€ 375,000,000
Line of credit, term	7 years
Credit Agreement \| Term A Facility
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity \| €			330,000,000
Line of credit, term	5 years
Credit Agreement \| Revolving Facility
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity \| €			€ 430,000,000
Line of credit, term	5 years

Long-term Debt and Credit Agreements - Schedule of Principal Payments on Long-term Debt and Revolving Credit Facility (Details) $ in Millions	Dec. 31, 2018 USD ($)
Debt Disclosure [Abstract]
2019	$ 23
2020	28
2021	47
2022	65
2023	231
Thereafter	1,234
Long-term debt	1,628
Less: current portion	(23)
Debt face amount	$ 1,605

Lease Commitments - Schedule of Future Minimum Lease Payments Under Operating Leases (Details) $ in Millions	Dec. 31, 2018 USD ($)
Leases [Abstract]
2019	$ 12
2020	8
2021	5
2022	4
2023	4
Thereafter	15
Total	$ 48

Lease Commitments - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Leases [Abstract]
Rent expense	$ 14	$ 10	$ 11

Financial Instruments and Fair Value Measures - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative, aggregate gross notional amount	$ 838,000,000	$ 928,000,000
Cross-currency Swap Contract
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Floating cross-currency swap contract entered date	Sep. 27, 2018
Floating cross-currency swap contract maturity date	Sep. 27, 2025
Cross-currency Swap Contract \| Nonoperating (Income) Expense
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Gains on derivative instrument	$ 16,000,000

Financial Instruments and Fair Value Measures - Summary of Financial Assets and Liabilities Accounted for at Fair Value on Recurring Basis (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts	$ 838,000,000	$ 928,000,000
Fair Value Measurements Recurring [Member] \| Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts	838,000,000	928,000,000
Fair Value, Assets	20,000,000
Fair Value, Liabilities	1,000,000	37,000,000
Fair Value Measurements Recurring [Member] \| Significant Observable Inputs (Level 2) [Member] \| Designated as Hedging [Member] \| Forward Currency Exchange Contracts [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts		556,000,000
Fair Value, Liabilities		35,000,000
Fair Value Measurements Recurring [Member] \| Significant Observable Inputs (Level 2) [Member] \| Undesignated as Hedging [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts	838,000,000	372,000,000
Fair Value, Assets	20,000,000
Fair Value, Liabilities	1,000,000	2,000,000
Fair Value Measurements Recurring [Member] \| Significant Observable Inputs (Level 2) [Member] \| Undesignated as Hedging [Member] \| Cross-currency Swap [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts	425,000,000
Fair Value, Assets	16,000,000
Fair Value Measurements Recurring [Member] \| Significant Observable Inputs (Level 2) [Member] \| Undesignated as Hedging [Member] \| Forward Currency Exchange Contracts [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notional Amounts	413,000,000	372,000,000
Fair Value, Assets	4,000,000
Fair Value, Liabilities	$ 1,000,000	$ 2,000,000

Financial Instruments and Fair Value Measures - Summary of Financial Assets and Liabilities Not Carried at Fair Value (Details) $ in Millions	Dec. 31, 2018 USD ($)
Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term debt and related current maturities	$ 1,592
Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term debt and related current maturities	$ 1,548

Other Liabilities - Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Other Liabilities Disclosure [Abstract]
Pension and other employee related	$ 71	$ 54
Advanced discounts from suppliers	63	53
Income taxes	59	42
Other	16	12
Other Liabilities	$ 209	$ 161

Accumulated Other Comprehensive Income (Loss) - Summary of Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Foreign exchange translation adjustment, pre-tax	$ (198)	$ 72	$ 29
Pension adjustments, pre-tax	(2)		(12)
Changes in fair value of effective cash flow hedges, pre-tax	37	(84)	38
Other Comprehensive Income (Loss),pre-tax	(163)	(12)	55
Changes in fair value of effective cash flow hedges, tax	(2)	7	(5)
Other Comprehensive Income (Loss), tax	(2)	7	(5)
Foreign exchange translation adjustment	(198)	72	29
Defined benefit pension plan adjustment, net of tax (Note 22)	(2)		(12)
Changes in fair value of effective cash flow hedges, after-tax	35	(77)	33
Other comprehensive income, net of tax	$ (165)	$ (5)	$ 50

Accumulated Other Comprehensive Income (Loss) - Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period	$ (2,593)	$ (2,195)	$ (1,221)	$ (1,359)
Other comprehensive income, net of tax	(165)	(5)	50
Foreign Exchange Translation Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period	86	284	212
Other comprehensive income (loss) before reclassifications	(198)	72
Other comprehensive income, net of tax	(198)	72
Change in Fair Value of Effective Cash Flow Hedges
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period		(35)	42
Other comprehensive income (loss) before reclassifications	12	(66)
Amounts reclassified from accumulated other comprehensive income (loss)	23	(11)
Other comprehensive income, net of tax	35	(77)
Pension Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period	(13)	(11)	(11)
Other comprehensive income (loss) before reclassifications	(5)
Amounts reclassified from accumulated other comprehensive income (loss)	3
Other comprehensive income, net of tax	(2)
Accumulated Other Comprehensive Income/(loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Balance beginning of period	73	238	243	$ 193
Other comprehensive income (loss) before reclassifications	(191)	6
Amounts reclassified from accumulated other comprehensive income (loss)	26	(11)
Other comprehensive income, net of tax	$ (165)	$ (5)	$ 50

Accumulated Other Comprehensive Income (Loss) - Reclassification Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Net Sales	$ 799	$ 784	$ 877	$ 915	$ 804	$ 745	$ 775	$ 772	$ 3,375	$ 3,096	$ 2,997
Cost of goods sold									2,599	2,361	2,365
Selling, general and administrative expenses									249	249	197
Non-operating (income) expense									8	18	5
Income before taxes									396	366	250
Tax (benefit) expense									(784)	1,349	51
Net income (loss)	$ 43	$ 929	$ 150	$ 58	$ (1,220)	$ 57	$ 105	$ 75	1,180	(983)	$ 199
Reclassification out of Accumulated Other Comprehensive Income
Defined Benefit Plan Disclosure [Line Items]
Tax (benefit) expense									(2)	3
Net income (loss)									26	(11)
Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent
Defined Benefit Plan Disclosure [Line Items]
Non-operating (income) expense									3
Income before taxes									3
Reclassification out of Accumulated Other Comprehensive Income \| Change in Fair Value of Effective Cash Flow Hedges
Defined Benefit Plan Disclosure [Line Items]
Net Sales									(1)
Cost of goods sold									26	(14)
Income before taxes									$ 25	$ (14)

Stock-Based Compensation - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Sep. 14, 2018
Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense		$ 16,000,000	$ 15,000,000	$ 12,000,000
Employees \| Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense		10,000,000	8,000,000	5,000,000
Shared Employees \| Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense		$ 6,000,000	$ 7,000,000	$ 7,000,000
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average recognition period		2 years 9 months 18 days
Total unrecognized compensation cost	$ 25,000,000	$ 25,000,000
Stock-based compensation expense		$ 5,000,000
Restricted Stock Units \| Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of restricted stock units granted		2,848,541	45,503
Incremental stock-based compensation expense		$ 0
Weighted-average recognition period			3 years 7 months 6 days
Total unrecognized compensation cost			$ 9,400,000
Restricted Stock Units \| Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of restricted stock units granted		496,240
Restricted Stock Units \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		4 years
Restricted Stock Units \| Maximum \| Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average recognition period		5 years 4 months 24 days
Restricted Stock Units \| Maximum \| Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		4 years
Restricted Stock Units \| Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		3 years
Restricted Stock Units \| Minimum \| Honeywell
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average recognition period		0 years
Restricted Stock Units \| Minimum \| Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		3 years
Stock Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock available for future issuance	6,620,619	6,620,619
Stock Incentive Plan \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate number of shares of common stock that may be issued					10,000,000
Stock Incentive Plan \| Stock Options \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate number of shares of common stock that may be issued					5,000,000
Stock Incentive Plan \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of restricted stock units granted	530,840
Director Equity Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock available for future issuance	400,000	400,000
Shares granted		0
Director Equity Plan \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate number of shares of common stock that may be issued					400,000

Stock-Based Compensation - Summary of Restricted Stock Activity Related to Stock Incentive Plan (Details) - Restricted Stock Units - Stock Incentive Plan	3 Months Ended
	Dec. 31, 2018 $ / shares shares
Number of Restricted Stock Units
Non-vested, Beginning Balance \| shares	2,848,541
Granted \| shares	530,840
Vested \| shares	(4,452)
Forfeited \| shares	(5,307)
Non-vested Ending Balance \| shares	3,369,622
Weighted Average Grant Date Fair ValuePer Share
Non-vested, Beginning Balance \| $ / shares	$ 8.70
Granted \| $ / shares	17.76
Vested \| $ / shares	6.67
Forfeited \| $ / shares	14.16
Non-vested, Ending Balance \| $ / shares	$ 10.12

Stock-Based Compensation - Summary of Information about Income Statement Impact from RSUs (Details) - Restricted Stock Units $ in Millions	12 Months Ended
	Dec. 31, 2018 USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense	$ 5
Future income tax benefit recognized	$ 1

Stock-Based Compensation - Activity Related to Stock Based Awards Granted by Honeywell to Employees of Business (Details) - Honeywell - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Options
Number of Options
Outstanding as of December 31, 2016	516,845	475,476
Shares granted		162,600
Vested/exercised		(121,231)
Outstanding as of December 31, 2017		516,845
Wtd Avg Exercise Price
Outstanding as of December 31, 2016	$ 101	$ 87
Granted		125
Vested/exercised		79
Outstanding as of December 31, 2017		$ 101
Restricted Stock Units
Number of RSUs
Non-vested, Beginning Balance	167,476	163,110
Granted	2,848,541	45,503
Vested/exercised		(41,137)
Non-vested Ending Balance		167,476
Wtd Avg Grant Date Fair value
Non-vested, Beginning Balance	$ 108	$ 96
Granted		131
Vested/exercised		83
Non-vested, Ending Balance		$ 108

Stock-Based Compensation - Activity Related to Stock Based Awards Granted by Honeywell to Employees of Business (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized compensation cost	$ 25.0
Weighted-average recognition period	2 years 9 months 18 days
Honeywell \| Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average recognition period		2 years 6 months
Total unrecognized compensation cost		$ 4.2
Honeywell \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized compensation cost		$ 9.4
Weighted-average recognition period		3 years 7 months 6 days

Earnings Per Share - Additional Information (Details) - shares	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2018	Oct. 01, 2018	Dec. 31, 2017
Shares of common stock distributed		74,070,852		74,070,852
Basic and diluted shares	74,070,852
Honeywell \| Exit Costs
Shares of common stock distributed			74,070,852

Earnings Per Share - Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Basic
Net income (loss)	$ 43	$ 929	$ 150	$ 58	$ (1,220)	$ 57	$ 105	$ 75	$ 1,180	$ (983)	$ 199
Weighted average common sharesoutstanding – Basic									74,059,240	74,070,852	74,070,852
EPS – Basic	$ 0.58	$ 12.54	$ 2.03	$ 0.78	$ (16.47)	$ 0.77	$ 1.42	$ 1.01	$ 15.93	$ (13.27)	$ 2.69
Diluted
Net income (loss)	$ 43	$ 929	$ 150	$ 58	$ (1,220)	$ 57	$ 105	$ 75	$ 1,180	$ (983)	$ 199
Weighted average common sharesoutstanding – Basic									74,059,240	74,070,852	74,070,852
Dilutive effect of unvested RSUs									342,908
Weighted average common shares outstanding – Diluted									74,402,148	74,070,852	74,070,852
EPS – Diluted	$ 0.57	$ 12.54	$ 2.03	$ 0.78	$ (16.47)	$ 0.77	$ 1.42	$ 1.01	$ 15.86	$ (13.27)	$ 2.69

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Commitments and Contingencies - Additional Information (Details) $ in Millions			3 Months Ended	12 Months Ended
	Oct. 01, 2018 USD ($) Installment	Sep. 12, 2018 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Loss Contingencies [Line Items]
Loss contingency payable			$ 1	$ 1	$ 1,712	$ 1,795	$ 1,799
Payment made in connection with the Indemnification and Reimbursement Agreement				$ 155	$ 224	201
Indemnification and Reimbursement Agreement
Loss Contingencies [Line Items]
Loss contingency payable		$ 175
Minimum amount agreed to maintain for termination		$ 25
Agreement termination description		The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.		The Indemnification and Reimbursement Agreement provides that the agreement will terminate upon the earlier of (x) December 31, 2048 or (y) December 31st of the third consecutive year during which certain amounts owed to Honeywell during each such year were less than $25 million as converted into Euros in accordance with the terms of the agreement.
Honeywell \| Tax Matters Agreement
Loss Contingencies [Line Items]
Aggregate payments connection with mandatory transition tax	$ 240
Number of annual installments \| Installment	5
Mandatory transition tax rate first installment	8.00%
Mandatory transition tax rate second installment	8.00%
Mandatory transition tax rate third installment	15.00%
Mandatory transition tax rate fourth installment	20.00%
Mandatory transition tax rate fifth installment	25.00%
Payment to Honeywell			19
Honeywell \| Indemnification and Reimbursement Agreement
Loss Contingencies [Line Items]
Percentage of net insurance receipts		90.00%
Payment made in connection with the Indemnification and Reimbursement Agreement			$ 41
Description of indemnification agreement				As of the Spin-Off date of October 1, 2018, we are obligated to make payments to Honeywell in amounts equal to 90% of Honeywell’s asbestos-related liability payments and accounts payable, primarily related to the Bendix business in the United States, as well as certain environmental-related liability payments and accounts payable and non-United States asbestos-related liability payments and accounts payable, in each case related to legacy elements of the Business, including the legal costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts and, as may be applicable, certain other recoveries associated with such liabilities. Pursuant to the terms of this Indemnification and Reimbursement Agreement, we are responsible for paying to Honeywell such amounts, up to a cap of an amount equal to the Euro-to-U.S. dollar exchange rate determined by Honeywell as of a date within two business days prior to the date of the Distribution (1.16977 USD = 1 EUR) equivalent of $175 million in respect of such liabilities arising in any given calendar year.
Bendix
Loss Contingencies [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		100.00%		100.00%	100.00%
Loss contingency payable					$ 1,703	1,789	$ 1,793
Payment made in connection with the Indemnification and Reimbursement Agreement				$ 151	$ 223	$ 201
Bendix \| Honeywell \| Indemnification and Reimbursement Agreement
Loss Contingencies [Line Items]
Percentage of asbestos and environmental liabilities liable to pay		90.00%

Commitments and Contingencies - Summary of Obligation Payable to Honeywell (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018 USD ($)
Loss Contingencies [Line Items]
Obligations payable to Honeywell, current (Note 21)	$ 127
Obligations payable to Honeywell (Note 21)	1,399
Exit Costs \| Honeywell
Loss Contingencies [Line Items]
Spin-Off related adjustments	1,636
Accrual for update to estimated liability	(30)
Legal fees expensed	14
Payments to Honeywell	(60)
Currency translation adjustment	(34)
End of year	1,526
Obligations payable to Honeywell, current (Note 21)	127
Obligations payable to Honeywell (Note 21)	1,399
Total	1,526
Exit Costs \| Honeywell \| Asbestos and Environmental
Loss Contingencies [Line Items]
Spin-Off related adjustments	1,328
Accrual for update to estimated liability	(30)
Legal fees expensed	14
Payments to Honeywell	(41)
Currency translation adjustment	(27)
End of year	1,244
Obligations payable to Honeywell, current (Note 21)	108
Obligations payable to Honeywell (Note 21)	1,136
Total	1,244
Exit Costs \| Honeywell \| Tax Matters Agreement
Loss Contingencies [Line Items]
Spin-Off related adjustments	308
Payments to Honeywell	(19)
Currency translation adjustment	(7)
End of year	282
Obligations payable to Honeywell, current (Note 21)	19
Obligations payable to Honeywell (Note 21)	263
Total	$ 282

Commitments and Contingencies - Summary of Asbestos Related Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Loss Contingencies [Line Items]
Beginning of year	$ 1,712	$ 1,795	$ 1,799
Accrual for update to estimated liabilities	141	203	203
Change in estimated cost of future claims		(65)	(10)
Update of expected resolution values for pending claims		3	4
Asbestos-related liability payments	(155)	(224)	(201)
Spin-Off related adjustments	(1,697)
End of year	1	1,712	1,795
Bendix
Loss Contingencies [Line Items]
Beginning of year	1,703	1,789	1,793
Accrual for update to estimated liabilities	141	199	203
Change in estimated cost of future claims		(65)	(10)
Update of expected resolution values for pending claims		3	4
Asbestos-related liability payments	(151)	(223)	(201)
Spin-Off related adjustments	(1,693)
End of year		1,703	1,789
Other Asbestos Related Liabilities
Loss Contingencies [Line Items]
Beginning of year	9	6	6
Accrual for update to estimated liabilities		4
Asbestos-related liability payments	(4)	(1)
Spin-Off related adjustments	(4)
End of year	$ 1	$ 9	$ 6

Commitments and Contingencies - Summary of Insurance Recoveries for Asbestos Related Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Loss Contingencies [Line Items]
Beginning of year	$ 191
End of the period		$ 191
Bendix
Loss Contingencies [Line Items]
Beginning of year	191	201	$ 222
Probable insurance recoveries related to estimated liability	10	10	8
Insurance receipts for asbestos-related liabilities	(24)	(20)	(37)
Insurance receivables settlements and write-offs	1		7
Other			1
Spin-Off related adjustments	$ (178)
End of the period		$ 191	$ 201

Commitments and Contingencies - Summary of Asbestos Balances Included in Balance Sheet Accounts (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Other current assets		$ 17
Insurance recoveries for asbestos-related liabilities (Note 21)		174
Total Assets		191
Accrued liabilities		185
Asbestos-related liabilities (Note 21)	$ 1	1,527
Total Liabilities	$ 1	$ 1,712	$ 1,795	$ 1,799

Commitments and Contingencies - Summary of Asbestos Claims Activity (Details) - Bendix - Claim	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Claims Activity
Claims Unresolved at the beginning of year	6,280	7,724
Claims Filed	2,430	2,645
Claims Resolved	(2,501)	(4,089)
Claims Unresolved at the end of the year	6,209	6,280

Commitments and Contingencies - Summary of Asbestos Disease Distribution of Unresolved Claims (Details) - Bendix - Claim	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disease Distribution of Unresolved Claims
Mesothelioma and Other Cancer Claims	2,949	3,062
Nonmalignant Claims	3,260	3,218
Total Claims	6,209	6,280	7,724

Commitments and Contingencies - Summary of Average Resolutions Per Claim Excluding Legal Costs (Details) - $ / Claim	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments And Contingencies Disclosure [Abstract]
Malignant claims	55,300	56,000	44,000	44,000	53,500
Nonmalignant claims	4,700	2,800	4,485	100	120

Commitments and Contingencies - Summary Information Concerning Our Recorded Obligations For Product Warranties and Product Performance Guarantees (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Beginning of year	$ 28	$ 22	$ 19
Accruals for warranties/guarantees issued during the year	33	14	14
Settlement of warranty/guarantee claims	(29)	(8)	(11)
End of year	$ 32	$ 28	$ 22

Defined Benefit Pension Plans - Summary of Balance Sheet Impact, Including Benefit Obligations, Assets and Funded Status Associated with Significant Pension Plans (Details) - Pension Benefits - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
U.S. Plans
Change in benefit obligation:
Transfer of plan obligations from Former Parent	$ 181
Interest cost	2
Actuarial (gains) losses	(3)
Benefits paid	(2)
Benefit obligation at end of the year	178
Change in plan assets:
Transfer of plan assets from Former Parent	181
Actual return on plan assets	(2)
Benefits paid	(2)
Fair value of plan assets at end of year	177
Funded status of plans	(1)
Amounts recognized in Consolidated Balance Sheet consist of:
Accrued pension liabilities - noncurrent(2)	(1)
Net amount recognized	(1)
Non-U.S. Plans
Change in benefit obligation:
Benefit obligation at beginning of the year	107	$ 89
Transfer of plan obligations from Former Parent	65
Spin-Off remeasurement adjustment	2
Service cost	4	2
Interest cost	2	2
Plan amendments	1
Actuarial (gains) losses	(5)	3
Benefits paid	(3)	(1)
Foreign currency translation	(5)	12
Other	4
Benefit obligation at end of the year	172	107
Change in plan assets:
Fair value of plan assets at beginning of the year	64	50
Transfer of plan assets from Former Parent	54
Spin-Off remeasurement adjustment	(10)
Actual return on plan assets	2	4
Employer contributions	16	3
Benefits paid	(3)
Foreign currency translation	(4)	7
Other	4
Fair value of plan assets at end of year	123	64
Funded status of plans	(49)	(43)
Amounts recognized in Consolidated Balance Sheet consist of:
Accrued pension liabilities - current		(3)
Accrued pension liabilities - noncurrent(2)	(49)	(40)
Net amount recognized	$ (49)	$ (43)

Defined Benefit Pension Plans - Schedule of Amounts Recognized in Accumulated Other Comprehensive (Income) Loss (Details) - Pension Benefits - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Prior service (credit)	$ (2)
Net actuarial loss	4
Net amount recognized	2
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	7	$ 11
Net amount recognized	$ 7	$ 11

Defined Benefit Pension Plans - Summary of Net Periodic Benefit (Income) Cost and Other Amounts Recognized in Other Comprehensive (Income) Loss (Details) - Pension Benefits - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 2
Expected return on plan assets	(3)
Net periodic benefit (income) cost	(1)
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	$ 2
Interest cost	2	2
Expected return on plan assets	(3)	(2)
Recognition of actuarial losses	3
Net periodic benefit (income) cost	$ 6	$ 2

Defined Benefit Pension Plans - Summary of Net Periodic Benefit (Income) Cost Other Than The Service Cost Included in Other Expense, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Changes in Plan Assets and Benefits Obligations Recognized in Other Comprehensive (Income) Loss
Total recognized in other comprehensive (income) loss	$ (2)		$ (12)
Pension Benefits \| U.S. Plans
Other Changes in Plan Assets and Benefits Obligations Recognized in Other Comprehensive (Income) Loss
Actuarial (gains) losses	2
Total recognized in other comprehensive (income) loss	2
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss	1
Pension Benefits \| Non-U.S. Plans
Other Changes in Plan Assets and Benefits Obligations Recognized in Other Comprehensive (Income) Loss
Actuarial (gains) losses	(4)
Prior service (credit)	1
Actuarial losses recognized during year	(3)
Total recognized in other comprehensive (income) loss	$ (6)
Total recognized in net periodic benefit (income) cost and other comprehensive (income) loss		$ 2

Defined Benefit Pension Plans - Additional Information (Details) - Pension Benefits $ in Millions	12 Months Ended
	Dec. 31, 2018 USD ($)
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations percentage	35.00%
Defined Benefit Plan Fixed Income Securities And Cash
Defined Benefit Plan Disclosure [Line Items]
Target allocations percentage	50.00%
Real Estate Investments
Defined Benefit Plan Disclosure [Line Items]
Target allocations percentage	10.00%
High Yield Bonds
Defined Benefit Plan Disclosure [Line Items]
Target allocations percentage	5.00%
Fixed Income Securities \| Minimum
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan Plan Assets Maturity Period	5 years
Fixed Income Securities \| Maximum
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan Plan Assets Maturity Period	25 years
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income) cost expected in 2019	$ 1
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income) cost expected in 2019	1
Pension contribution	16
Expected pension contribution in the next fiscal year	$ 6

Defined Benefit Pension Plans - Summary of Major Actuarial Assumptions Used in Determining Benefit Obligations and Net Periodic Benefit (Income) Cost (Details) - Pension Benefits	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
U.S. Plans
Actuarial assumptions used to determine benefit obligations as of December 31:
Discount rate	4.33%
Expected annual rate of compensation increase	3.74%
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Expected rate of return on plan assets	6.00%
Expected annual rate of compensation increase	3.74%
Non-U.S. Plans
Actuarial assumptions used to determine benefit obligations as of December 31:
Discount rate	1.50%	1.80%
Expected annual rate of compensation increase	1.77%	2.00%
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Expected rate of return on plan assets	3.77%	4.00%
Expected annual rate of compensation increase	1.77%	2.00%
Beneftit Obligation \| U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	4.33%
Beneftit Obligation \| Non-U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	1.50%	1.80%
Service Cost \| U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	4.11%
Service Cost \| Non-U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	1.50%	1.80%
Interest Cost \| U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	4.02%
Interest Cost \| Non-U.S. Plans
Actuarial assumptions used to determine net periodic benefit (income) cost for years ended December 31:
Discount rate	1.50%	1.80%

Defined Benefit Pension Plans - Summary of Amounts Relate to Significant Pension Plans with Accumulated Benefit Obligations Exceeding Fair Value of plan Assets (Details) - Pension Benefits - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 178
Accumulated benefit obligation	177
Fair value of plan assets	177
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	172	$ 107
Accumulated benefit obligation	164	104
Fair value of plan assets	$ 123	$ 64

Defined Benefit Pension Plans - Summary of Fair Values of Both U.S. and Non-U.S. Pension Plans Assets by Asset Category (Details) - Pension Benefits - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Equity Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	$ 60
Equity Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	48	$ 33
Short-Term Investments \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	8
Short-Term Investments \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	12
Corporate Bond Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	92
Corporate Bond Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	16	6
Real Estate Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	17
Real Estate Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	11
Assets at Fair Value \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	177
Assets at Fair Value \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	123	64
Government Bond Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	28	19
Other \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	8	6
Significant Observable Inputs (Level 2) [Member] \| Equity Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	60
Significant Observable Inputs (Level 2) [Member] \| Equity Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	48	33
Significant Observable Inputs (Level 2) [Member] \| Short-Term Investments \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	8
Significant Observable Inputs (Level 2) [Member] \| Short-Term Investments \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	12
Significant Observable Inputs (Level 2) [Member] \| Corporate Bond Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	92
Significant Observable Inputs (Level 2) [Member] \| Corporate Bond Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	16	6
Significant Observable Inputs (Level 2) [Member] \| Real Estate Funds \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	17
Significant Observable Inputs (Level 2) [Member] \| Real Estate Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	11
Significant Observable Inputs (Level 2) [Member] \| Assets at Fair Value \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	177
Significant Observable Inputs (Level 2) [Member] \| Assets at Fair Value \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	123	64
Significant Observable Inputs (Level 2) [Member] \| Government Bond Funds \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	28	19
Significant Observable Inputs (Level 2) [Member] \| Other \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	$ 8	$ 6

Defined Benefit Pension Plans - Summary of Benefit Payments (Details) - Pension Benefits $ in Millions	Dec. 31, 2018 USD ($)
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
2019	$ 9
2020	10
2021	10
2022	10
2023	11
2024-2028	56
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
2019	3
2020	3
2021	3
2022	3
2023	3
2024-2028	$ 18

China Variable Interest Entity - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended								12 Months Ended
	Sep. 30, 2018	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Net Sales		$ 799	$ 784	$ 877	$ 915	$ 804	$ 745	$ 775	$ 772	$ 3,375	$ 3,096	$ 2,997
Cost of goods sold										2,599	2,361	2,365
Selling, general and administrative expenses										249	249	197
Tax (benefit) expense										(784)	1,349	51
Garrett China \| Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest ownership percentage	100.00%
Equity interests in exchange for shares of common stock issued	8,444,077
Net Sales										470	393	279
Cost of goods sold										340	310	199
Selling, general and administrative expenses										19	20	17
Tax (benefit) expense										$ 24	$ 28	$ 14

China Variable Interest Entity - Schedule of Consolidated Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 196	$ 300	$ 119	$ 146
Accounts, notes and other receivables—net	750	745
Inventories—net	172	188
Due from related parties, current		530
Property, plant and equipment—net	438	442
Deferred income taxes	165	41
Other assets	80	2
Current liabilities:
Accounts payable	916	860
Due to related parties, current		1,117
Accrued liabilities	426	571
Other liabilities	209	161
Variable Interest Entity, Primary Beneficiary \| Garrett China
Current assets:
Cash and cash equivalents	70	78
Accounts, notes and other receivables—net	224	240
Inventories—net	19	21
Due from related parties, current		73
Total current assets	313	412
Property, plant and equipment—net	67	66
Deferred income taxes	20	8
Other assets	1
Total assets	401	486
Current liabilities:
Accounts payable	261	245
Due to related parties, current		37
Accrued liabilities	77	84
Total current liabilities	338	366
Other liabilities	13	16
Total liabilities	$ 351	$ 382

Concentrations - Summary of Net Sales by Region and Channel (Details) - Sales Concentration - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration Risk [Line Items]
Net sales	$ 3,375	$ 3,096	$ 2,997
OEM
Concentration Risk [Line Items]
Net sales	2,893	2,614	2,541
Aftermarket
Concentration Risk [Line Items]
Net sales	397	389	387
Other
Concentration Risk [Line Items]
Net sales	85	93	69
U.S. Plans
Concentration Risk [Line Items]
Net sales	518	461	466
U.S. Plans \| OEM
Concentration Risk [Line Items]
Net sales	338	277	296
U.S. Plans \| Aftermarket
Concentration Risk [Line Items]
Net sales	175	178	164
U.S. Plans \| Other
Concentration Risk [Line Items]
Net sales	5	6	6
Europe
Concentration Risk [Line Items]
Net sales	1,891	1,762	1,806
Europe \| OEM
Concentration Risk [Line Items]
Net sales	1,686	1,568	1,622
Europe \| Aftermarket
Concentration Risk [Line Items]
Net sales	151	140	149
Europe \| Other
Concentration Risk [Line Items]
Net sales	54	54	35
Asia
Concentration Risk [Line Items]
Net sales	923	832	692
Asia \| OEM
Concentration Risk [Line Items]
Net sales	847	750	611
Asia \| Aftermarket
Concentration Risk [Line Items]
Net sales	50	49	53
Asia \| Other
Concentration Risk [Line Items]
Net sales	26	33	28
Non-US
Concentration Risk [Line Items]
Net sales	43	41	33
Non-US \| OEM
Concentration Risk [Line Items]
Net sales	22	19	12
Non-US \| Aftermarket
Concentration Risk [Line Items]
Net sales	$ 21	$ 22	$ 21

Concentrations - Summary of Net Sales to Largest Customers and Corresponding Percentage of Total Net Sales (Details) - Customer Concentration - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration Risk [Line Items]
Net sales	$ 3,375	$ 3,096	$ 2,997
Net sales, percentage	100.00%	100.00%	100.00%
Customer A
Concentration Risk [Line Items]
Net sales	$ 455	$ 423	$ 436
Net sales, percentage	13.00%	14.00%	15.00%
Customer B
Concentration Risk [Line Items]
Net sales	$ 254	$ 246	$ 303
Net sales, percentage	8.00%	8.00%	10.00%
Others
Concentration Risk [Line Items]
Net sales	$ 2,666	$ 2,427	$ 2,258
Net sales, percentage	79.00%	78.00%	75.00%

Concentrations - Summary of Long Lived Assets by Region (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration Risk [Line Items]
Long-lived assets	$ 438	$ 442
Long-lived Assets Concentration
Concentration Risk [Line Items]
Long-lived assets	438	442	$ 371
Long-lived Assets Concentration \| U.S. Plans
Concentration Risk [Line Items]
Long-lived assets	26	23	21
Long-lived Assets Concentration \| Europe
Concentration Risk [Line Items]
Long-lived assets	273	273	219
Long-lived Assets Concentration \| Asia
Concentration Risk [Line Items]
Long-lived assets	123	124	109
Long-lived Assets Concentration \| Non-US
Concentration Risk [Line Items]
Long-lived assets	$ 16	$ 22	$ 22

Concentrations - Additional Information (Details)	12 Months Ended
Concentrations - Additional Information (Details)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Supplier Concentration \| Purchases
Concentration Risk [Line Items]
Concentration risk, percentage	14.00%	16.00%	17.00%

Unaudited Quarterly Financial Information - Summary of Unaudited Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Net Sales	$ 799	$ 784	$ 877	$ 915	$ 804	$ 745	$ 775	$ 772	$ 3,375	$ 3,096	$ 2,997
Gross Profit	172	178	215	211	173	177	197	188	776	735	632
Net income (loss)	$ 43	$ 929	$ 150	$ 58	$ (1,220)	$ 57	$ 105	$ 75	$ 1,180	$ (983)	$ 199
EPS – Basic	$ 0.58	$ 12.54	$ 2.03	$ 0.78	$ (16.47)	$ 0.77	$ 1.42	$ 1.01	$ 15.93	$ (13.27)	$ 2.69
EPS – Diluted	$ 0.57	$ 12.54	$ 2.03	$ 0.78	$ (16.47)	$ 0.77	$ 1.42	$ 1.01	$ 15.86	$ (13.27)	$ 2.69

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Unaudited Quarterly Financial Information - Summary of Unaudited Quarterly Financial Information (Parenthetical) (Details) - USD ($) $ in Millions			3 Months Ended
	Oct. 01, 2018	Sep. 18, 2018	Sep. 30, 2018	Dec. 31, 2017
Conversion Of Stock [Line Items]
Reduction in tax expense			$ (870)
Impact of tax cut jobs act on net loss				$ 1,335
Honeywell \| Exit Costs
Conversion Of Stock [Line Items]
Shares issued	74,070,852	74,070,852
Distribution made at spin-off date of record		Sep. 18, 2018