Federal-mogul (FDML) 10-Q 28 Oct 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2015shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	FDML
Entity Registrant Name	FEDERAL-MOGUL HOLDINGS CORPORATION
Entity Central Index Key	1,419,581
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	169,040,651

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net sales	$ 1,824	$ 1,871	$ 5,621	$ 5,522
Cost of products sold	(1,561)	(1,609)	(4,817)	(4,689)
Gross profit	263	262	804	833
Selling, general and administrative expenses	(193)	(210)	(596)	(585)
Interest expense, net	(36)	(34)	(103)	(87)
Restructuring expense	(18)	(25)	(57)	(63)
Loss on debt extinguishment	0	0	0	(24)
Equity earnings of non-consolidated affiliates	9	12	37	39
Amortization expense	(16)	(13)	(45)	(37)
Adjustment of assets to fair value	(62)	(1)	(60)	(3)
Other income (expense), net	0	7	(3)	(4)
Income (loss) from continuing operations before income taxes	(53)	(2)	(23)	69
Income tax expense	9	15	32	48
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(62)	(17)	(55)	21
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	0	0	7	0
Net (loss) income from continuing operations	(62)	(17)	(48)	21
Less net income attributable to noncontrolling interests	(1)	(1)	(4)	(4)
Net (loss) income attributable to Federal-Mogul	(63)	(18)	(52)	17
Amounts attributable to Federal-Mogul:
Income (Loss) from Continuing Operations Attributable to Parent	(63)	(18)	(59)	17
Net (loss) income attributable to Federal-Mogul	$ (63)	$ (18)	$ (52)	$ 17
Net income (loss) per common share attributable to Federal-Mogul
Income (Loss) from Continuing Operations, Per Basic and Diluted Share	$ (0.37)	$ (0.12)	$ (0.36)	$ 0.11
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share	0	0	0.04	0
Earnings Per Share, Basic and Diluted	$ (0.37)	$ (0.12)	$ (0.32)	$ 0.11

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net (loss) income	$ (62)	$ (17)	$ (48)	$ 21
Other comprehensive loss:
Foreign currency translation adjustments and other	(92)	(99)	(189)	(100)
Other Comprehensive Income Defined Benefit Pension And Other Postretirement Benefits Gain Loss Arising During Period Net Of Tax	0	7	11	7
Pensions and post-retirement benefits:
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax Deconsolidated	0	(1)	0	1
Reclassification of costs included in net (loss) income during period	6	1	17	5
Income taxes	2	0	2	(1)
Pensions and post-retirement benefits, net of tax	8	7	30	12
Hedge instruments:
Net unrealized (losses) gains arising during period	(1)	0	(3)	1
Reclassification of losses included in net (loss) income during the period	1	1	2	2
Income taxes	0	(1)	0	(1)
Hedge instruments, net of tax	0	0	(1)	2
Other comprehensive loss, net of tax	(84)	(92)	(160)	(86)
Comprehensive loss	(146)	(109)	(208)	(65)
Less: Comprehensive loss attributable to noncontrolling interests	3	6	2	3
Comprehensive loss attributable to Federal-Mogul	$ (143)	$ (103)	$ (206)	$ (62)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and equivalents	$ 220	$ 332
Accounts receivable, net	1,469	1,419
Inventories, net	1,370	1,215
Prepaid expenses and other current assets	213	225
Total current assets	3,272	3,191
Property, plant and equipment, net	2,352	2,160
Goodwill and other indefinite-lived intangible assets	949	928
Definite-lived intangible assets, net	417	354
Investments in non-consolidated affiliates	280	269
Other noncurrent assets	183	165
Total assets	7,453	7,067
Current liabilities:
Short-term debt, including current portion of long-term debt	141	127
Accounts payable	932	926
Accrued liabilities	616	546
Current portion of pensions and other postemployment benefits liability	44	46
Other current liabilities	164	186
Total current liabilities	1,897	1,831
Long-term debt	2,878	2,563
Pensions and other postemployment benefits liability	1,209	1,282
Long-term portion of deferred income taxes	393	389
Other accrued liabilities	97	93
Shareholders’ equity:
Preferred stock ($0.01 par value; 90,000,000 authorized shares; none issued)	0	0
Common stock ($0.01 par value; 450,100,000 authorized shares; 170,636,151 issued shares and 169,040,651 outstanding shares as of September 30, 2015; 151,624,744 issued shares and 150,029,244 outstanding shares as of December 31, 2014)	2	2
Additional paid-in capital	2,899	2,649
Accumulated deficit	(738)	(686)
Accumulated other comprehensive loss	(1,296)	(1,142)
Treasury stock, at cost	(17)	(17)
Total Federal-Mogul shareholders’ equity	850	806
Noncontrolling interests	129	103
Total shareholders’ equity	979	909
Total liabilities and shareholders' equity	$ 7,453	$ 7,067

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	90,000,000	90,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	450,100,000	450,100,000
Common stock, shares issued	170,636,151	151,624,744
Entity Common Stock, Shares Outstanding	169,040,651
Common stock, shares outstanding		150,029,244

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash (Used By) Provided From Operating Activities
Net (loss) income	$ (48)	$ 21
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation and amortization	254	251
Restructuring expense	57	63
Payments against restructuring liabilities	(48)	(33)
Loss on debt extinguishment	0	24
Equity earnings of non-consolidated affiliates	(37)	(39)
Proceeds from Equity Method Investment, Dividends or Distributions	6	22
Change in pensions and postemployment benefits	(61)	(64)
Asset Impairment Charges Total	60	3
Deferred tax benefit	(4)	(6)
Loss on sale of equity method investment	11	0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	(7)	0
Gain (Loss) on Disposition of Property Plant Equipment	(4)	0
Changes in operating assets and liabilities:
Accounts receivable	(80)	(100)
Inventories	(175)	(71)
Accounts payable	40	106
Other assets and liabilities	11	85
Net Cash (Used by) Provided From Operating Activities	(25)	262
Cash (Used By) Provided From Investing Activities
Expenditures for property, plant and equipment	(326)	(282)
Payments to acquire businesses, net of cash acquired	(365)	(321)
Net proceeds from sale of equity method investment	15	0
Net proceeds from sales of property, plant and equipment	8	4
Net Cash Used By Investing Activities	(668)	(599)
Cash (Used By) Provided From Financing Activities
Proceeds from Loan Originations	0	2,589
Proceeds from equity rights offering net of related fees	250	0
Proceeds from draws on revolving line of credit	543	0
Payments on revolving line of credit	(208)	0
Principal payments on term loans	(20)	(2,537)
(Decrease)/Increase in other long-term debt	(3)	7
Debt Issuance Cost	0	(12)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	0	(9)
Increase in short-term debt	19	0
Net remittances on servicing of factoring arrangements	(2)	(2)
Net Cash Provided From Financing Activities	579	36
Effect of foreign currency exchange rate fluctuations on cash	2	9
Decrease in cash and equivalents	(112)	(292)
Cash and equivalents at beginning of period	332	761
Cash and equivalents at end of period	$ 220	$ 469

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION On April 15, 2014, Federal-Mogul Corporation completed a holding company reorganization (the “Reorganization”). As a result of the Reorganization, the outstanding shares of Federal-Mogul Corporation common stock were automatically converted on a one-for-one basis into shares of Federal-Mogul Holdings Corporation common stock, and all of the stockholders of Federal-Mogul Corporation immediately prior to the Reorganization automatically became stockholders of Federal-Mogul Holdings Corporation. The rights of stockholders of Federal-Mogul Holdings Corporation are generally governed by Delaware law and Federal-Mogul Holdings Corporation’s certificate of incorporation and bylaws, which are the same in all material respects as those of Federal-Mogul Corporation immediately prior to the Reorganization. In addition, the board of directors of Federal-Mogul Holdings Corporation and its Audit Committee and Compensation Committee are composed of the same members as the board of directors, Audit Committee and Compensation Committee of Federal-Mogul Corporation prior to the Reorganization. References herein to the “Company,” “Federal-Mogul,” “we,” “us,” and “our” refer to Federal-Mogul Corporation for the period prior to the effective time of the Reorganization on April 15, 2014 and to Federal-Mogul Holdings Corporation for the period after the effective time of the Reorganization. Interim Financial Statements The unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. These statements include all adjustments (consisting of normal recurring adjustments) that management believes are necessary for a fair presentation of the results of operations, comprehensive income, financial position and cash flows. The Company’s management believes that the disclosures are adequate to make the information presented not misleading when read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 filed on February 27, 2015. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the year ended December 31, 2015. Principles of Consolidation The Company consolidates into its financial statements all wholly-owned and any partially-owned subsidiaries that the Company has the ability to control. Control generally equates to ownership percentage, whereby investments that are more than 50% owned are consolidated, investments in affiliates of 50% or less but greater than 20% are accounted for using the equity method, and investments in affiliates of 20% or less are accounted for using the cost method. See Note 10 , Investment in Non-consolidated Affiliates , for discussion regarding the Company's subsidiaries that were subject to regulatory control. The Company does not consolidate any entity for which it has a variable interest based solely on power to direct the activities and significant participation in the entity’s expected results that would not otherwise be consolidated based on control through voting interests. Further, the Company’s affiliates are businesses established and maintained in connection with the Company's operating strategy. All intercompany transactions and balances have been eliminated. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported therein. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be based upon amounts that differ from these estimates. Controlling Ownership As of September 30, 2015 , Mr. Carl C. Icahn indirectly controls approximately 81.99% of the voting power of the Company’s capital stock and, by virtue of such stock ownership, is able to control or exert substantial influence over the Company, including the election of directors, business strategy and policies, mergers or other business combinations, acquisition or disposition of assets, future issuances of common stock or other securities, incurrence of debt or obtaining other sources of financing, and the payment of dividends on the Company’s common stock. The existence of a controlling stockholder may have the effect of making it difficult for, or may discourage or delay, a third party from seeking to acquire a majority of the Company’s outstanding common stock, which may adversely affect the market price of the stock. Mr. Icahn’s interests may not always be consistent with the Company’s interests or with the interests of the Company’s other stockholders. Mr. Icahn and entities controlled by him may also pursue acquisitions or business opportunities that may or may not be complementary to the Company’s business. To the extent that conflicts of interest may arise between the Company and Mr. Icahn and his affiliates, those conflicts may be resolved in a manner adverse to the Company or its other shareholders. Related Party Insight Portfolio Group LLC (“Insight Portfolio Group”) is an entity formed by Mr. Icahn in order to maximize the potential buying power of a group of entities with which Mr. Icahn has a relationship in negotiating with a wide range of suppliers of goods, services and tangible and intangible property at negotiated rates. The Company acquired a minority equity interest in Insight Portfolio Group and agreed to pay a portion of Insight Portfolio Group’s operating expenses beginning in 2013. In addition to the minority equity interest held by the Company, certain subsidiaries of Icahn Enterprises Holdings, including CVR, Tropicana, ARI, Viskase PSC Metals and WPH also acquired minority equity interests in Insight Portfolio Group and agreed to pay a portion of Insight Portfolio Group’s operating expenses. A number of other entities with which Mr. Icahn has a relationship also acquired equity interests in Insight Portfolio Group and also agreed to pay certain operating expenses. The Company’s payments to Insight Portfolio Group were less than $0.5 million during 2014. The Company anticipates its 2015 payments to Insight Portfolio Group to be similar to the amounts paid in 2014. On June 1, 2015, Icahn Enterprises L.P., ("IEP"), an entity controlled by Mr. Icahn and the parent company of Federal-Mogul Holdings Corporation, completed an acquisition of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc. comprising the U.S. automotive parts distribution of Uni-Select Inc ("Uni-Select"). Uni-Select will be operated independently from the Company and all transactions will be approved by the independent directors of each company. In connection with IEP's acquisition of Uni-Select, Mr. Icahn has resigned from the Company's board of directors and Daniel A. Ninivaggi, Co-Chief Executive Officer of the Company has resigned from the board of directors of IEP. Subsequent to the IEP acquisition of Uni-Select, Uni-Select changed its name to Auto Plus. The Company had $17 million of sales from the date of acquisition through September 30, 2015 to Auto Plus and $19 million of accounts receivable outstanding from Auto Plus as of September 30, 2015 . Factoring of Trade Accounts Receivable Federal-Mogul subsidiaries in Brazil, France, Germany, Italy and the United States are party to accounts receivable factoring and securitization facilities. Amounts factored under these facilities consist of the following: September 30 December 31 2015 2014 Gross accounts receivable factored $ 412 $ 306 Gross accounts receivable factored, qualifying as sales 397 293 Undrawn cash on factored accounts receivable 1 2 Proceeds from the factoring of accounts receivable qualifying as sales and expenses associated with the factoring of receivables are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Proceeds from factoring qualifying as sales $ 380 $ 456 $ 1,180 $ 1,311 Losses on sales of account receivables (3 ) (2 ) (7 ) (5 ) Certain of the facilities contain terms that require the Company to share in the credit risk of the factored receivables. The maximum exposures to the Company associated with these certain facilities’ terms were $11 million and $17 million as of September 30, 2015 and December 31, 2014 . The fair values of the exposures to the Company associated with these certain facilities’ terms were determined to be immaterial. The losses on sales of accounts receivable are recorded in the condensed consolidated statements of operations within “Other income (expense), net.” Where the Company receives a fee to service and monitor these transferred receivables, such fees are sufficient to offset the costs and, as such, a servicing asset or liability is not incurred as a result of such activities. Accounts receivables factored but not qualifying as a sale, as defined in FASB ASC Topic 860, Transfers and Servicing , were pledged as collateral and accounted for as secured borrowings and recorded in the consolidated balance sheets within “Accounts receivable, net” and “Short-term debt, including current portion of long-term debt.” Noncontrolling Interests The following table presents a rollforward of the changes in noncontrolling interests: Nine Months Ended September 30 2015 Equity balance of noncontrolling interests as of December 31, 2014 $ 103 Acquisitions 28 Comprehensive income (loss): Net income 4 Foreign currency adjustments and other (6 ) Equity balance of noncontrolling interests as of September 30, 2015 $ 129 See further details related to the increase in the noncontrolling interest balance in Note 4, Acquisitions . New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-9, Revenue from Contracts with Customers , which supersedes the revenue recognition requirements in Accounting Standards Codification ("ASC") 605, Revenue Recognition . This ASU clarifies the principles for recognizing revenue and provides a common revenue standard for U.S. GAAP and International Financial Reporting Standards and will require revenue to be recognized when promised goods or services are transferred to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. Adoption of the new rules could affect the timing of revenue recognition for certain transactions. The FASB, through the issuance of ASU No. 2015-14, approved a one year delay of the effective date and the new standard is effective for reporting periods beginning after December 15, 2017 and permits two implementation approaches, one requiring retrospective application of the new standard with restatement of prior years and one requiring prospective application of the new standard with disclosure of results under old standards. The Company is currently evaluating the potential effects of this pronouncement and the implementation approach to be used. In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. This ASU is effective for annual reporting periods beginning after December 15, 2015, with early adoption permitted. This ASU amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. In August 2015, the FASB issued ASU No. 2015-15, Interest - Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements: Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting to clarify the SEC staff’s position on presenting and measuring debt issuance costs incurred in connection with line-of-credit arrangements. ASU No. 2015-15 is effective upon issuance. Upon adoption of this guidance the Company will present the debt issuance costs for its revolving line of credit as an asset and not as a direct deduction from its revolving line of credit liability. The Company expects the adoption of this guidance will not have a material effect on its financial statements. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory . This ASU requires entities to measure most inventory “at the lower of cost and net realizable value,” thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market. ASU No. 2015-11 is effective prospectively for annual periods beginning after December 15, 2016, and interim periods therein, with early adoption permitted. The Company is currently evaluating the potential effects of this pronouncement. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments . Under this ASU, an acquirer must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The effect on earnings of changes in depreciation or amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed as of the acquisition date, must be recorded in the reporting period in which the adjustment amounts are determined rather than retrospectively. This standard is effective for annual reporting periods, including interim reporting periods within those periods, beginning after December 15, 2016. Early adoption is permitted as of annual reporting periods beginning after December 15, 2015, including interim reporting periods within those annual periods. The Company expects the adoption of this guidance will not have a material effect on its financial statements.

RESTRUCTURING

RESTRUCTURING	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING The Company’s restructuring activities are undertaken as necessary to execute management’s strategy and streamline operations, consolidate and take advantage of available capacity and resources, and ultimately achieve net cost reductions. Restructuring activities include efforts to integrate and rationalize the Company’s businesses and to relocate manufacturing operations to best cost manufacturing locations. The costs contained within “Restructuring expense” in the Company’s condensed consolidated statements of operations contain two types: employee costs (principally termination benefits), and facility closure and other costs. Termination benefits are accounted for in accordance with ASC 712, Compensation – Nonretirement Postemployment Benefits , and are recorded when it is probable that employees will be entitled to benefits and the amounts can be reasonably estimated. Estimates of termination benefits are based on the frequency of past termination benefits, the similarity of benefits under the current plan and prior plans, and the existence of statutory required minimum benefits. Termination benefits are also accounted for in accordance with ASC 420, Exit or Disposal Cost Obligations (“ASC 420”), for one-time termination benefits and are recorded dependent upon future service requirements. Facility closure and other costs are accounted for in accordance with ASC 420 and are recorded when the liability is incurred. Estimates of restructuring charges are based on information available at the time such charges are recorded. In certain countries where the Company operates, statutory requirements include involuntary termination benefits that extend several years into the future. Accordingly, severance payments continue well past the date of termination at many international locations. Thus, restructuring programs appear to be ongoing when, in fact, terminations and other activities have been substantially completed. Restructuring opportunities include potential plant closures and employee headcount reductions in various countries that require consultation with various parties including, but not limited to, unions/works councils, local governments and/or customers. The consultation process can take a significant amount of time and affect the final outcome and timing. The Company's policy is to record a provision for qualifying restructuring costs in accordance with the applicable accounting guidance when the outcome of such consultations becomes probable. Management expects to finance its restructuring programs through cash generated from its ongoing operations or through cash available under its existing credit facility, subject to the terms of applicable covenants. Management does not expect that the execution of these programs will have an adverse effect on its liquidity position. The following table provides a quarterly summary of the Company’s consolidated restructuring liabilities and related activity as of and for the nine months ended September 30, 2015 by reporting segment. Powertrain Motorparts Total Reporting Segment Corporate Total Company Balance at December 31, 2014 $ 36 $ 16 $ 52 $ 1 $ 53 Provisions 6 6 12 — 12 Payments (10 ) (5 ) (15 ) (1 ) (16 ) Acquisitions 2 — 2 — 2 Foreign Currency (3 ) (1 ) (4 ) — (4 ) Balance at March 31, 2015 31 16 47 — 47 Provisions 6 25 31 — 31 Reversals (4 ) — (4 ) — (4 ) Payments (16 ) (6 ) (22 ) — (22 ) Balance at June 30, 2015 17 35 52 — 52 Provisions 17 1 18 — 18 Payments (4 ) (6 ) (10 ) — (10 ) Balance at September 30, 2015 $ 30 $ 30 $ 60 $ — $ 60 The following table provides a quarterly summary of the Company’s consolidated restructuring liabilities and related activity for each type of exit cost as of and for the nine months ended September 30, 2015 . As the table reflects, facility closure and other costs are typically paid within the quarter of incurrence. Employee Costs Facility Closure and Other Costs Total Balance at December 31, 2014 $ 51 $ 2 $ 53 Provisions 10 2 12 Payments (13 ) (3 ) (16 ) Acquisitions 2 — 2 Foreign Currency (4 ) — (4 ) Balance at March 31, 2015 46 1 47 Provisions 29 2 31 Reversals (4 ) — (4 ) Payments (20 ) (2 ) (22 ) Balance at June 30, 2015 51 1 52 Provisions 17 1 18 Payments (9 ) (1 ) (10 ) Balance at September 30, 2015 $ 59 $ 1 $ 60 Restructuring expenses for the three months ended September 30, 2015 primarily relate to EMEA locations aimed at reducing production complexities and reducing inefficiencies in indirect and fixed costs structures. We expect to complete these programs in 2018 and incur additional restructuring and other charges of approximately $40 million . For programs previously initiated, we expect to complete these programs in 2018 and incur additional restructuring and other charges of approximately $10 million . The Company recognized net restructuring expenses of $25 million during the three months ended September 30, 2014 . Of these expenses, $23 million was related to employee costs and $2 million was related to facility closure and other costs. The Company recognized net restructuring expenses of $63 million during the nine months ended September 30, 2014 . Of these expenses, $57 million was related to employee costs and $6 million was related facility closure and other costs.

OTHER EXPENSE, NET

OTHER EXPENSE, NET	9 Months Ended
	Sep. 30, 2015
Other Income and Expenses [Abstract]
Other Expense	OTHER INCOME (EXPENSE), NET The specific components of “ Other income (expense), net ” are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Loss on sale of equity method investment $ — $ — $ (11 ) $ — Gain on sale of assets — 1 4 1 Third-party royalty income 1 2 5 5 Legal separation costs (1 ) (1 ) (3 ) (1 ) Losses on sales of account receivables (3 ) (2 ) (7 ) (5 ) Other 3 7 9 (4 ) $ — $ 7 $ (3 ) $ (4 ) During the nine months ended September 30, 2015 the Company recognized an $11 million loss on the disposition of an equity method investment. See Note 10 , Investment in Non-consolidated Affiliates , for further details.

ACQUISITIONS Acquisitions

ACQUISITIONS Acquisitions	9 Months Ended
	Sep. 30, 2015
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Affinia Chassis Business Acquisition On May 1, 2014, the Company completed the Affinia chassis business acquisition. This business serves leading U.S. aftermarket customers with private label chassis product lines and will allow the Company to broaden its product offering, provide operational synergies and better service customers globally. The purchase price was $149 million , net of acquired cash. The Company paid $140 million in the second quarter of 2014 and $9 million in the third quarter of 2014. A valuation of the assets from the Affinia chassis business acquisition resulted in $71 million allocated to tangible net assets, $26 million allocated to goodwill, and $52 million allocated to other intangible assets based on estimated fair values as of the acquisition date. The valuation of assets was performed utilizing cost, income and market approaches. Honeywell Brake Component Acquisition On July 11, 2014, the Company completed the purchase of certain business assets of the Honeywell brake component business including two recently established manufacturing facilities in China and Romania which substantially strengthens the manufacturing and engineering capabilities of the Company's current global braking portfolio. The business was acquired through a combination of asset and stock purchases for a base purchase price of $168 million and other incurred liabilities of $15 million . A valuation of the assets from the Honeywell brake component business acquisition was performed utilizing cost, income and market approaches resulting in $183 million allocated to tangible net assets. The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date: Fair Value Cash, net of assumed debt $ 6 Accounts receivable, net 107 Inventory, net 74 Property, plant and equipment, net 178 Accounts payable (107 ) Acquired postemployment benefits (81 ) Other net assets 6 Total identifiable net assets $ 183 TRW Engine Components Acquisition Pursuant to the Amended and Restated Share and Asset Purchase Agreement dated January 23, 2015, the Company completed the acquisition of the engine components business from TRW. On February 6, 2015, the Company completed the acquisition of certain assets of the TRW engine components business. The business was acquired through a combination of asset and stock purchases for a purchase price of approximately $309 million . On July 7, 2015, the Company completed the purchase of certain additional business assets of the TRW engine components business. The business was acquired through stock purchases for a base purchase price of approximately $56 million . The purchase includes a $25 million noncontrolling interest related to a 66% stake in a majority owned entity that the Company consolidates into its financial statements. The acquisition was funded primarily from the Company's available revolving line of credit and is subject to certain customary closing and post-closing adjustments. The acquisition of certain assets of the TRW engine components business adds a completely new product line to the Company's portfolio, strengthens the Company's position as a leading developer and supplier of core components for engines, and enhances the Company's ability to support its customers to improve fuel economy and reduce emissions. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date. The Company is in the process of finalizing certain customary post-closing adjustments which could have an effect on the third-party valuations of certain tangible assets; thus, the provisional measurements of net assets are subject to change. Estimated Fair Value at Acquisition Measurement Period Adjustments Estimated Fair Value as of September 30, 2015 Cash $ 14 $ — $ 14 Accounts receivable, net 31 — 31 Inventory, net 36 — 36 Property, plant and equipment, net 287 (52 ) 235 Goodwill 58 18 76 Other identified intangible assets 69 37 106 Accounts payable (21 ) (1 ) (22 ) Accrued liabilities (36 ) (7 ) (43 ) Acquired postemployment benefits (45 ) (1 ) (46 ) Other net assets 1 2 3 Total identifiable net assets $ 394 $ (4 ) $ 390 In addition to the benefits noted above, goodwill is created from the expected synergies through the integration of the engine components business into the existing Powertrain segment which will allow for improved profitability. Proforma Results The following proforma results for the three and nine months ended September 30, 2015 and 2014 assume the Affinia chassis business acquisition, the purchase of Honeywell's braking component business and the acquisition of certain assets of the TRW engine components business occurred as of the beginning of 2014 and is inclusive of provisional purchase price adjustments. The proforma results are not necessarily indicative of the results that actually would have been obtained. Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Unaudited Net sales $ 1,824 $ 1,986 $ 5,665 $ 6,247 Net (loss) income attributable to Federal-Mogul $ (62 ) $ (15 ) $ (52 ) $ 22 (Loss) earnings per share attributable to Federal-Mogul - basic and diluted $ (0.37 ) $ (0.10 ) $ (0.32 ) $ 0.15 During the nine months ended September 30, 2015 , the Company recorded $1 million in transaction related expenses, primarily legal and other professional fees, associated with the acquisition of certain assets of the TRW engine components business. These expenses are recorded in "Selling, general and administrative expenses" within the condensed consolidated statements of operations.

DISCONTINUED OPERATIONS (Notes)

DISCONTINUED OPERATIONS (Notes)	9 Months Ended
	Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	DISCONTINUED OPERATIONS In connection with its strategic planning process, the Company assesses its operations for market position, product technology and capability, and profitability. Those businesses not core to the Company’s long-term portfolio may be considered for divestiture or other exit activities. During the nine months ended September 30, 2015 , the Company recognized a $7 million adjustment (no income tax effect) which is included in “Gain from discontinued operations, net of income tax” with in the condensed consolidated statement of operations.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS Commodity Price Risk The Company’s production processes are dependent upon the supply of certain raw materials that are exposed to price fluctuations on the open market. The primary purpose of the Company’s commodity price forward contract activity is to manage the volatility associated with forecasted purchases. The Company monitors its commodity price risk exposures regularly to maximize the overall effectiveness of its commodity forward contracts. Principal raw materials hedged include copper, nickel, tin, zinc, high-grade aluminum and aluminum alloy. Forward contracts are used to mitigate commodity price risk associated with raw materials, generally related to purchases forecast for up to fifteen months in the future. Information regarding the Company’s outstanding commodity price hedge contracts is as follows: September 30 December 31 2015 2014 Combined notional value $ 25 $ 36 Combined notional value designated as hedging instruments 25 36 Unrealized net loss recorded in “Accumulated other comprehensive loss” (3 ) (1 ) The Company has designated these contracts as cash flow hedging instruments and has a net liability position related to these instruments in the amount of $3 million and $1 million as of September 30, 2015 and December 31, 2014. The Company records unrecognized gains and losses in other comprehensive income and makes regular reclassifying adjustments into "Cost of products sold" within the condensed consolidated statement of operations when amounts are recognized. For the three months ended September 30, 2015 and September 30, 2014, the Company recognized $1 million of losses and $0 into other comprehensive income and has reclassified $1 million of losses and $1 million of gains into "Cost of products sold" within the condensed consolidated statement of operations. For the nine months ended September 30, 2015 and September 30, 2014, the Company recognized $3 million of losses and $1 million of gains into other comprehensive income and has reclassified $2 million of losses and $1 million in losses into "Cost of products sold" within the condensed consolidated statement of operations. Substantially all of the commodity price hedge contracts mature within one year. Foreign Currency Risk The Company manufactures and sells its products in North America, South America, Asia, Europe, Australia and Africa. As a result, the Company’s financial results could be significantly affected by factors such as changes in foreign currency exchange rates or weak economic conditions in foreign markets in which the Company manufactures and sells its products. The Company’s operating results are primarily exposed to changes in exchange rates between the U.S. dollar and various global currencies. The Company generally tries to use natural hedges within its foreign currency activities, including the matching of revenues and costs, to minimize foreign currency risk. Where natural hedges are not in place, the Company considers managing certain aspects of its foreign currency activities and larger transactions through the use of foreign currency options or forward contracts. Principal currencies hedged have historically included the euro, British pound and Polish zloty. Foreign currency forwards are also used in conjunction with the Company's commodity hedging program. In order to obtain critical terms match for commodity exposure, the Company engages the use of foreign exchange contracts. The Company did not hold any foreign currency price hedge contracts at September 30, 2015 or December 31, 2014 . For the three months ended September 30, 2015 and September 30, 2014 there were no amounts reclassified into net income. For the nine months ended September 30, 2015 there were no amounts reclassified into net income and for the nine months ended September 30, 2014 the company reclassified $1 million of losses into "Cost of products sold" within the condensed consolidated statement of operations. Other The Company presents its derivative positions and any related material collateral under master netting agreements on a net basis. For derivatives designated as cash flow hedges, changes in the time value are excluded from the assessment of hedge effectiveness. Unrealized gains and losses associated with ineffective hedges, determined using the hypothetical derivative method, are recognized in “ Other income (expense), net .” Derivative gains and losses included in “Accumulated other comprehensive loss” for effective hedges are reclassified into operations upon recognition of the hedged transaction. Derivative gains and losses associated with undesignated hedges are recognized in “ Other income (expense), net ” for outstanding hedges and either “Cost of products sold” or “ Other income (expense), net ” upon hedge maturity. Concentrations of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of accounts receivable and cash investments. The Company’s customer base includes virtually every significant global light and commercial vehicle manufacturer and a large number of distributors, installers and retailers of automotive aftermarket parts. The Company’s credit evaluation process and the geographical dispersion of sales transactions help to mitigate credit risk concentration. One Motorparts customer accounts for approximately 12% of the Company’s net trade accounts receivable balance as of September 30, 2015 . The Company requires placement of cash in financial institutions evaluated as highly creditworthy.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based upon assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. An asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities measured at fair value are based on one or more of the following three valuation techniques noted in ASC 820: A. Market approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. B. Cost approach: Amount that would be required to replace the service capacity of an asset (replacement cost). C. Income approach: Techniques to convert future amounts to a single present amount based upon market expectations (including present value techniques, option-pricing and excess earnings models). Assets and liabilities remeasured and disclosed at fair value on a recurring basis at September 30, 2015 and December 31, 2014 are set forth in the table below: Liability Level 2 Valuation Technique September 30, 2015 Commodity contracts $ (3 ) $ (3 ) C December 31, 2014 Commodity contracts (1 ) (1 ) C The Company calculates the fair value of its commodity contracts and foreign currency contracts using quoted commodity forward rates and quoted currency forward rates, respectively, to calculate forward values, and then discounts the forward values. The discount rates for all derivative contracts are based on quoted bank deposit rates. Assets and liabilities measured at fair value on a nonrecurring basis during the nine months ended September 30, 2015 and 2014 are set forth in the table below: Asset Level 3 Loss Valuation Technique September 30, 2015 Goodwill — — (56 ) A,C Property, plant and equipment 17 17 (10 ) A,B September 30, 2014 Property, plant and equipment — — (3 ) A,B One of the Company's reporting units with goodwill of $56 million was fully impaired, resulting in an impairment charge of $56 million which was recorded within "Adjustment of assets to fair value" in the condensed consolidated statement of operations for the nine months ended September 30, 2015 . Property, plant and equipment with a carrying value of $27 million was written down to fair value of $17 million , resulting in an impairment charge of $10 million which was recorded within “Adjustment of assets to fair value” in the condensed consolidated statement of operations for the nine months ended September 30, 2015 . Property, plant and equipment with a carrying value of $3 million was fully impaired, resulting in an impairment charge of $3 million , which was recorded within “Adjustment of assets to fair value” in the condensed consolidated statement of operations for the nine months ended September 30, 2014 .

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories are stated at the lower of cost or market. Cost was determined by the first-in, first-out method at September 30, 2015 and December 31, 2014 . Inventories are reduced by an allowance for excess and obsolete inventories based on management’s review of on-hand inventories compared to historical and estimated future sales and usage. Net inventories consist of the following: September 30 December 31 2015 2014 Raw materials $ 262 $ 232 Work-in-process 192 171 Finished products 1,043 934 1,497 1,337 Inventory valuation allowance (127 ) (122 ) $ 1,370 $ 1,215

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS At September 30, 2015 and December 31, 2014 , goodwill and other indefinite-lived intangible assets consist of the following: September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Impairment Net Carrying Amount Gross Carrying Amount Accumulated Impairment Net Carrying Amount Goodwill $ 1,459 $ (740 ) $ 719 $ 1,391 $ (690 ) $ 701 Trademarks and brand names 428 (198 ) 230 425 (198 ) 227 $ 1,887 $ (938 ) $ 949 $ 1,816 $ (888 ) $ 928 At September 30, 2015 and December 31, 2014 , definite-lived intangible assets consist of the following: September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 140 $ (87 ) $ 53 $ 116 $ (73 ) $ 43 Customer relationships 682 (318 ) 364 598 (287 ) 311 $ 822 $ (405 ) $ 417 $ 714 $ (360 ) $ 354 The following is a quarterly summary of the Company’s goodwill as of and for the nine months ended September 30, 2015 : Powertrain Motorparts Net Carrying Amount Balance at December 31, 2014 $ 490 $ 211 $ 701 2014 impairment finalization — 6 6 Acquisitions and purchase accounting adjustments 51 — 51 Foreign currency (3 ) — (3 ) Balance at March 31, 2015 538 217 755 Acquisitions and purchase accounting adjustments 32 — 32 Foreign currency 4 1 5 Balance at June 30, 2015 574 218 792 Impairments — (56 ) (56 ) Acquisitions and purchase accounting adjustments (9 ) — (9 ) Foreign currency (7 ) (1 ) (8 ) Balance at September 30, 2015 $ 558 $ 161 $ 719 Based on an interim analysis, the Company determined that there were impairment indicators for one of its reporting units and conducted an impairment analysis where it concluded $56 million of goodwill was impaired. The Company does not believe that there are impairment indicators of goodwill for any other reporting units, but has experienced decreases in operating results for certain reporting units as a result of the negative effect of exchange rates and negative economic conditions. Additional declines in operating results or forecasts due to a strengthening of the US dollar or deterioration of economic conditions could result in an impairment charge in future periods. Given the complexity of the calculation, the Company had not finalized “Step 2” of its annual goodwill impairment assessment for the year ended December 31, 2014 prior to filing its annual report on Form 10-K. The goodwill impairment charge recognized during the fourth quarter of 2014 was $120 million . During the quarter ended March 31, 2015, the Company completed this assessment, and recorded a reduction of $6 million to its initial goodwill impairment charge. The goodwill impairment charge was required to adjust the carrying value of goodwill to estimated fair value. The estimated fair value was determined based upon consideration of various valuation methodologies, including projected future cash flows discounted at rates commensurate with the risks involved, guideline transaction multiples, and multiples of current and future earnings. The following is a quarterly summary of the Company’s trademarks and brand names as of and for the nine months ended September 30, 2015 : Powertrain Motorparts Net Carrying Amount Balance at December 31, 2014 $ 4 $ 223 $ 227 Foreign currency — — — Balance at March 31, 2015 4 223 227 Acquisitions and purchase accounting adjustments 4 — 4 Foreign currency (1 ) — (1 ) Balance at June 30, 2015 7 223 230 Acquisitions and purchase accounting adjustments — — — Balance at September 30, 2015 $ 7 $ 223 $ 230 The following is a quarterly summary of the Company’s definite-lived intangible assets (net) as of and for the nine months ended September 30, 2015 : Powertrain Motorparts Net Carrying Amount Balance at December 31, 2014 $ 53 $ 301 $ 354 Acquisitions and purchase accounting adjustments 69 — 69 Amortization expense (3 ) (11 ) (14 ) Foreign currency (2 ) — (2 ) Balance at March 31, 2015 117 290 407 Acquisitions and purchase accounting adjustments 23 — 23 Amortization expense (6 ) (9 ) (15 ) Foreign currency 2 — 2 Balance at June 30, 2015 136 281 417 Acquisitions and purchase accounting adjustments 16 — 16 Amortization expense (6 ) (10 ) (16 ) Balance at September 30, 2015 $ 146 $ 271 $ 417 During the nine months ended September 30, 2015 , the Company recorded $76 million of goodwill, $84 million of customer relationships and $22 million of developed technology in connection with its acquisition of certain assets of the TRW engine components business. See Note 4 , Acquisitions , for further detail on the acquisition. The Company utilizes the straight-line method of amortization, recognized over the estimated useful lives of the assets. The Company’s estimated future amortization expense for its definite-lived intangible assets is as follows: Millions of Dollars 2015 (remaining three months) $ 15 2016 58 2017 57 2018 49 2019 49 2020 and thereafter 189 $ 417

INVESTMENTS IN NON-CONSOLIDATED

INVESTMENTS IN NON-CONSOLIDATED AFFILIATES	9 Months Ended
	Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN NON-CONSOLIDATED AFFILIATES	INVESTMENT IN NON-CONSOLIDATED AFFILIATES The Company maintains investments in several non-consolidated affiliates, which are located in China, Korea, Turkey, India and the United States. With the exception of the deconsolidated business discussed below, the Company generally equates control to ownership percentage whereby investments that are more than 50% owned are consolidated. As part of the regulatory approval related to the acquisition of certain business assets of the Honeywell brake component business, the Company committed to divest, or procure the divestiture of the commercial vehicle brake pads business relating to original equipment manufacturers (“OEM”) and servicers (“OES”) (collectively “OE”) market in the European Economic Area (“EEA”), based at the manufacturing plant in Marienheide, Germany and light vehicle brake pads business relating to the OE market in the EEA, based at the manufacturing plant in Noyon, France (collectively, the “Divestment Business”). Furthermore, to the extent possible, the Company committed to keep the Divestment Business separate from the business(es) it is retaining, and unless explicitly permitted committed to ensure: (i) management and staff have no involvement in the Divestment Business; (ii) certain key personnel of the Divestment Business have no involvement in any business retained by the Company and do not report to any individual outside the Divestment Business. As such, as of June 30, 2014 the Company deconsolidated its subsidiaries or group of assets which were subject to regulatory commitments and recorded an investment in unconsolidated subsidiary, which was accounted for as an equity method investment until disposition. The disposition of the Divestment Business was complete in the first quarter of 2015. As a result of the disposition, the Company recognized an $11 million loss on disposal recorded in the line item " Other income (expense), net " in the condensed consolidated statements of operations. The Company does not hold a controlling interest in an entity based on exposure to economic risks and potential rewards (variable interests) for which it is the primary beneficiary. Further, the Company’s affiliations are businesses established and maintained in connection with its operating strategy and are not special purpose entities. The following represents the Company’s aggregate investments and direct ownership in these affiliates: September 30 December 31 2015 2014 Investments in non-consolidated affiliates $ 280 $ 269 Direct ownership percentages 2% to 50% 2% to 100% The following table represents amounts reflected in the Company’s financial statements related to non-consolidated affiliates: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Equity earnings of non-consolidated affiliates $ 9 $ 12 $ 37 $ 39 Cash dividends received from non-consolidated affiliates — 17 6 22 The following table presents selected aggregated financial information of the Company’s non-consolidated affiliates: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Statements of Operations Sales $ 193 $ 232 $ 625 $ 679 Gross profit 36 46 125 142 Income from continuing operations 25 31 100 105 Net income 23 27 91 92

ACCRUED LIABILITIES

ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2015
Other Liabilities Disclosure [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES Accrued liabilities consist of the following: September 30 December 31 2015 2014 Accrued compensation $ 217 $ 177 Accrued rebates 164 149 Restructuring liabilities 60 53 Non-income taxes payable 55 52 Alleged defective products 31 30 Accrued professional services 31 28 Accrued income taxes 22 24 Accrued product returns 20 24 Accrued warranty 16 9 $ 616 $ 546

DEBT

DEBT	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
DEBT	DEBT On April 15, 2014, Federal-Mogul Holdings Corporation entered into a new tranche B term loan facility (the “New Tranche B Facility”) and a new tranche C term loan facility (the “New Tranche C Facility,” and together with the New Tranche B Facility, the “New Term Facilities”), which were arranged by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC (the "Term Arrangers"), and assumed all of the obligations of Federal-Mogul Corporation with respect to the Replacement Revolving Facility under the Credit Agreement (both defined below). The New Term Facilities were entered into, and the Replacement Revolving Facility was assumed, by Federal-Mogul Holdings Corporation pursuant to an amendment dated as of April 15, 2014 to the previously existing Term Loan and Revolving Credit Agreement dated December 27, 2007 among Federal-Mogul Corporation, the lenders party thereto, the Term Arrangers, Citibank, N.A., as Revolving Administrative Agent, Citibank, N.A., as Tranche B Term Administrative Agent, Credit Suisse AG, as Tranche C Term Administrative Agent, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Wells Fargo Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners with respect to the Revolving Facility and Wells Fargo Bank, N.A., as sole Documentation Agent with respect to the Revolving Facility (as amended, the "Credit Agreement"). Immediately following the closing of the New Term Facilities, Federal-Mogul Holdings Corporation contributed all of the net proceeds from the New Facilities to Federal-Mogul Corporation, and Federal-Mogul Corporation repaid its existing outstanding indebtedness as a borrower under the tranche B and tranche C term loan facilities. In accordance with FASB ASC Topic No. 405, Extinguishments of Liabilities, the Company recognized a $24 million non-cash loss on the extinguishment of debt attributable to the write-off of the unamortized fair value adjustment and unamortized debt issuance costs which was recorded in the line item “Loss on debt extinguishment” in the condensed consolidated statements of operations during the nine months ended September 30, 2014 . The New Term Facilities, among other things, (i) provides for aggregate commitments under the New Tranche B Facility of $700 million with a maturity date of April 15, 2018, (ii) provides for aggregate commitments under the New Tranche C Facility of $1.9 billion with a maturity date of April 15, 2021, (iii) increases the interest rates applicable to the New Facilities as described below, (iv) provides that for all outstanding letters of credit there is a corresponding decrease in borrowings available under the Replacement Revolving Facility, (v) provides that in the event that as of a particular determination date more than $700 million aggregate principal amount of existing term loans and certain related refinancing indebtedness will become due within 91 days of such determination date, the Replacement Revolving Facility will mature on such determination date, (vi) provides for additional incremental indebtedness, secured on a pari passu basis, of an unlimited amount of additional indebtedness if the Company meets a financial covenant incurrence test, and (vii) amends certain other restrictive covenants. Pursuant to the New Term Facilities, Federal-Mogul Holdings Corporation assumed all of the obligations of Federal-Mogul Corporation with respect to the Replacement Revolving Facility under the Credit Agreement. Advances under the New Tranche B Facility generally bear interest at a variable rate per annum equal to (i) the Alternate Base Rate plus a margin of 2.00% or (ii) the Adjusted LIBOR Rate plus a margin of 3.00% , subject, in each case, to a floor of 1.00% . Advances under the New Tranche C Facility generally bear interest at a variable rate per annum equal to (i) the Alternate Base Rate plus a margin of 2.75% or (ii) the Adjusted LIBOR Rate plus a margin of 3.75% , subject, in each case, to a minimum rate of 1.00% plus the applicable margin. On December 6, 2013, the Company entered into an amendment (the “Replacement Revolving Facility”) of its Term Loan and Revolving Credit Agreement dated as of December 27, 2007 (as amended, the “Credit Agreement”), among the Company, the lenders party thereto, Citicorp USA, Inc., as Administrative Agent, JPMorgan Chase Bank, N.A., as Syndication Agent, and Wachovia Capital Finance Corporation and Wells Fargo Foothill, LLC, as Co-Documentation Agents, to amend its existing revolving credit facility to provide for a replacement revolving credit facility (the “Replacement Revolving Facility”). The Replacement Revolving Facility, among other things, (i) increased the aggregate commitments available under the Replacement Revolving Facility from $540 million to $550 million , (ii) extended the maturity date of the Replacement Revolving Facility to December 6, 2018, subject to certain limited exceptions described below, and (iii) amended the Company’s borrowing base to provide the Company with additional liquidity. Advances under the Replacement Revolving Facility generally bear interest at a variable rate per annum equal to (i) the Alternate Base Rate (as defined in the Credit Agreement) plus an adjustable margin of 0.50% to 1.00% based on the average monthly availability under the Replacement Revolving Facility or (ii) Adjusted LIBOR Rate (as defined in the Credit Agreement) plus a margin of 1.50% to 2.00% based on the average monthly availability under the Replacement Revolving Facility. An unused commitment fee of 0.375% also is payable under the terms of the Replacement Revolving Facility. In connection with the New Term Facilities, the Company incurred original issue discount of $9 million and debt issuance costs of $6 million in connection with the New Tranche C Facility and original issue discount of $2 million and debt issuance costs of $6 million in connection with the New Tranche B Facility. The discount and debt issuance costs are being amortized to interest expense over the terms of the loans of 84 months and 48 months, respectively. As noted above, the unamortized fair value adjustment established when applying the provisions of fresh-start reporting to the Company's Credit agreement was written off upon the closing of the New Term Facilities. Interest expense associated with the amortization of the original issue discount, debt issuance costs and fair value adjustment recognized in the Company’s condensed consolidated statements of operations, consists of the following: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Amortization of debt issuance fees $ 1 $ 1 $ 2 $ 2 Amortization of original issue discount — — 1 — Amortization of fair value adjustment — — — 7 $ 1 $ 1 $ 3 $ 9 Debt consists of the following: September 30 December 31 2015 2014 Loans under New Term Facilities: Revolver $ 335 $ — Tranche B term loan 693 698 Tranche C term loan 1,881 1,895 Debt discount (9 ) (10 ) Other debt, primarily foreign instruments 119 107 3,019 2,690 Less: Short-term debt, including current maturities of long-term debt (141 ) (127 ) Total long-term debt $ 2,878 $ 2,563 The obligations of the Company under the Credit Agreement are guaranteed by substantially all of the domestic subsidiaries and certain foreign subsidiaries of the Company, and are secured by substantially all personal property and certain real property of the Company and such guarantors, subject to certain limitations. The liens granted to secure these obligations and certain cash management and hedging obligations have first priority. The Credit Agreement contains certain affirmative and negative covenants and events of default, including, subject to certain exceptions, restrictions on incurring additional indebtedness, mandatory prepayment provisions associated with specified asset sales and dispositions, and limitations on: i) investments; ii) certain acquisitions, mergers or consolidations; iii) sale and leaseback transactions; iv) certain transactions with affiliates; and v) dividends and other payments in respect of capital stock. The Company was in compliance with all debt covenants as of September 30, 2015 and December 31, 2014 . The Replacement Revolving Facility had an available borrowing base of $175 million and $516 million as of September 30, 2015 and December 31, 2014 , respectively. The Company had $40 million and $34 million of letters of credit outstanding as of September 30, 2015 and December 31, 2014 , respectively, pertaining to the Replacement Revolving Facility. To the extent letters of credit associated with the Replacement Revolving Facility are issued, there is a corresponding decrease in borrowings available under this facility. Estimated fair values of the Company’s term loans under the Credit Agreement were: Estimated Fair Value (Level 1) Fair Value in Excess (Deficit) of Carrying Value Valuation Technique September 30, 2015 Term Loans $ 2,468 $ (97 ) A December 31, 2014 Term Loans $ 2,571 $ (12 ) A Fair market values are developed by the use of estimates obtained from brokers and other appropriate valuation techniques based on information available as of September 30, 2015 and December 31, 2014 . The fair value estimates do not necessarily reflect the values the Company could realize in the current markets. Refer to Note 7 , Fair Value Measurements , for definitions of input levels and valuation techniques.

PENSIONS AND OTHER POSTEMPLOYME

PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS	PENSIONS AND OTHER POST-RETIREMENT BENEFITS The Company sponsors several defined benefit pension plans (“Pension Benefits”) and health care and life insurance benefits (“Other Post-Retirement Benefits”) for certain employees and retirees around the world. Components of net periodic benefit cost (credit)for the three months ended September 30, 2015 and 2014 are as follows: Pension Benefits Other Post-Retirement United States Plans Non-U.S. Plans Benefits 2015 2014 2015 2014 2015 2014 Service cost $ — $ — $ 4 $ 3 $ — $ — Interest cost 12 13 4 4 3 4 Expected return on plan assets (15 ) (15 ) — (1 ) — — Amortization of actuarial losses 3 1 2 1 2 1 Amortization of prior service credits — — — — (1 ) (2 ) Net periodic benefit cost (credit) $ — $ (1 ) $ 10 $ 7 $ 4 $ 3 Components of net periodic benefit cost (credit) for the nine months ended September 30, 2015 and 2014 are as follows: Pension Benefits Other Post-Retirement United States Plans Non-U.S. Plans Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 2 $ 2 $ 12 $ 9 $ — $ — Interest cost 36 39 8 12 10 12 Expected return on plan assets (44 ) (46 ) (1 ) (2 ) — — Amortization of actuarial losses 8 3 8 4 4 2 Amortization of prior service credits — — — — (3 ) (4 ) Net periodic benefit cost (credit) $ 2 $ (2 ) $ 27 $ 23 $ 11 $ 10

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For the three months ended September 30, 2015 , the Company recorded income tax expense of $9 million on a loss from continuing operations before income taxes of $53 million . This compares to income tax expense of $15 million on a loss from operations before income taxes of $2 million in the same period of 2014 . Income tax expense for the three months ended September 30, 2015 differs from the U.S. statutory rate due primarily to pre-tax losses with no tax benefits, partially offset by pre-tax income taxed at rates lower than the U.S. statutory rate. The income tax expense for the three months ended September 30, 2014 differs from the U.S. statutory rate due primarily to pre-tax losses with no tax benefits, partially offset by pre-tax income taxed at rates lower than the U.S. statutory rate and income in jurisdictions with no tax expense due to offsetting valuation allowance changes. For the nine months ended September 30, 2015 , the Company recorded income tax expense of $ 32 million on a loss from continuing operations before income taxes of $ 23 million . This compares to income tax expense of $ 48 million on income from continuing operations before income taxes of $ 69 million in the same period of 2014 . Income tax expense for the nine months ended September 30, 2015 differs from the U.S. statutory rate due primarily to pre-tax losses with no tax benefits, partially offset by pre-tax income taxed at rates lower than the U.S. statutory rate. The income tax expense for the nine months ended September 30, 2014 differs from the U.S. statutory rate due primarily to pre-tax losses with no tax benefits, partially offset by pre-tax income taxed at rates lower than the U.S. statutory rate and income in jurisdictions with no tax expense due to offsetting valuation allowance changes. On July 11, 2013, the Company became part of an affiliated group of corporations as defined in Section 1504 of the Internal Revenue Code of 1986 ("the Code"), as amended, of which American Entertainment Properties Corp. (“AEP”), a wholly owned subsidiary of Icahn Enterprises, is the common parent. The Company subsequently entered into a tax allocation agreement (the “Tax Allocation Agreement”) with AEP. Pursuant to the Tax Allocation Agreement, AEP and the Company have agreed to the allocation of certain income tax items. The Company is a member of the AEP U.S. consolidated tax group. In those jurisdictions where the Company is filing consolidated U.S. federal and state returns with AEP, the Company will pay to AEP any tax it would have owed had it continued to file separately. To the extent that the AEP consolidated group is able to reduce its tax liability as a result of including the Company in its consolidated group, AEP will pay the Company an amount equal to 20% of such reduction and the Company will carryforward for its own use under the Tax Allocation Agreement 80% of the items that caused the tax reduction (the “Excess Tax Benefits”). While a member of the AEP affiliated group the Company will reduce the amounts it would otherwise owe AEP by the Excess Tax Benefits. Moreover, if the Company should ever become deconsolidated from AEP, AEP will reimburse the Company for any tax liability in post-deconsolidation years the Company would not have paid had it actually had the Excess Tax Benefits for its own use. The cumulative payments to the Company by AEP post-deconsolidation cannot exceed the cumulative reductions in tax to the AEP group resulting from its use of the Excess Tax Benefits. Separate return methodology will be used in determining income taxes.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Environmental Matters The Company is a defendant in lawsuits filed, or the recipient of administrative orders issued or demand letters received, in various jurisdictions pursuant to the Federal Comprehensive Environmental Response Compensation and Liability Act of 1980 (“CERCLA”) or other similar national, provincial or state environmental remedial laws. These laws provide that responsible parties may be liable to pay for remediating contamination resulting from hazardous substances that were discharged into the environment by them, by prior owners or occupants of property they currently own or operate, or by others to whom they sent such substances for treatment or other disposition at third party locations. The Company has been notified by the United States Environmental Protection Agency, other national environmental agencies, and various provincial and state agencies that it may be a potentially responsible party (“PRP”) under such laws for the cost of remediating hazardous substances pursuant to CERCLA and other national and state or provincial environmental laws. PRP designation typically requires the funding of site investigations and subsequent remedial activities. Many of the sites that are likely to be the costliest to remediate are often current or former commercial waste disposal facilities to which numerous companies sent wastes. Despite the potential joint and several liability which might be imposed on the Company under CERCLA and some of the other laws pertaining to these sites, the Company’s share of the total waste sent to these sites has generally been small. The Company believes its exposure for liability at these sites is limited. On a global basis, the Company has also identified certain other present and former properties at which it may be responsible for cleaning up or addressing environmental contamination, in some cases as a result of contractual commitments and/or federal or state environmental laws. The Company is actively seeking to resolve these actual and potential statutory, regulatory and contractual obligations. Although difficult to quantify based on the complexity of the issues, the Company has accrued amounts corresponding to its best estimate of the costs associated with such regulatory and contractual obligations on the basis of available information from site investigations and best professional judgment of consultants. Total environmental liabilities, determined on an undiscounted basis, are included in the consolidated balance sheets as follows: September 30 December 31 2015 2014 Other current liabilities $ 7 $ 6 Other accrued liabilities (noncurrent) 9 9 $ 16 $ 15 Management believes that recorded environmental liabilities will be adequate to cover the Company’s estimated liability for its exposure in respect to such matters. In the event that such liabilities were to significantly exceed the amounts recorded by the Company, the Company’s results of operations and financial condition could be materially affected. At September 30, 2015 , management estimates that reasonably possible material additional losses above and beyond management’s best estimate of required remediation costs as recorded approximate $44 million . Asset Retirement Obligations The Company records asset retirement obligations (“ARO”) in accordance with FASB ASC Topic 410, Asset Retirement and Environmental Obligations . The Company’s primary ARO activities relate to the removal of hazardous building materials at its facilities. The Company records an ARO at fair value upon initial recognition when the amount can be reasonably estimated, typically upon the expectation that an operating site may be closed or sold. ARO fair values are determined based on the Company’s determination of what a third party would charge to perform the remediation activities, generally using a present value technique. For those sites that the Company identifies in the future for closure or sale, or for which it otherwise believes it has a reasonable basis to assign probabilities to a range of potential settlement dates, the Company will review these sites for both ARO and impairment issues. The Company has identified sites with contractual obligations and several sites that are closed or expected to be closed and sold. In connection with these sites, the Company maintains ARO liabilities in the consolidated balance sheets as follows: September 30 December 31 2015 2014 Other current liabilities $ 2 $ 3 Other accrued liabilities (noncurrent) 17 21 $ 19 $ 24 The Company has conditional asset retirement obligations (“CARO”), primarily related to removal costs of hazardous materials in buildings, for which it believes reasonable cost estimates cannot be made at this time because the Company does not believe it has a reasonable basis to assign probabilities to a range of potential settlement dates for these retirement obligations. Accordingly, the Company is currently unable to determine amounts to accrue for CARO at such sites. Affiliate Pension Obligations As a result of the more than 80% ownership interest in the Company by Mr. Icahn’s affiliates, the Company is subject to the pension liabilities of all entities in which Mr. Icahn has a direct or indirect ownership interest of at least 80% . One such entity, ACF Industries LLC ("ACF"), is the sponsor of several pension plans. All the minimum funding requirements of the Code and the Employee Retirement Income Security Act of 1974 for these plans have been met as of September 30, 2015 . If the ACF plans were voluntarily terminated, they would be underfunded by approximately $104 million as of September 30, 2015 . These results are based on the most recent information provided by the plans’ actuaries. These liabilities could increase or decrease, depending on a number of factors, including future changes in benefits, investment returns, and the assumptions used to calculate the liability. As members of the controlled group, the Company would be liable for any failure of ACF to make ongoing pension contributions or to pay the unfunded liabilities upon a termination of the pension plans of ACF. In addition, other entities now or in the future within the controlled group in which the Company is included may have pension plan obligations that are, or may become, underfunded and the Company would be liable for any failure of such entities to make ongoing pension contributions or to pay the unfunded liabilities upon termination of such plans. Further, the failure to pay these pension obligations when due may result in the creation of liens in favor of the pension plan or the Pension Benefit Guaranty Corporation (“PBGC”) against the assets of each member of the controlled group. The current underfunded status of the pension plans of ACF requires it to notify the PBGC of certain “reportable events” such as if the Company ceases to be a member of the ACF controlled group, or the Company makes certain extraordinary dividends or stock redemptions. The obligation to report could cause the Company to seek to delay or reconsider the occurrence of such reportable events. Icahn Enterprises Holdings L.P. and IEH FM Holdings LLC have undertaken to indemnify Federal-Mogul for any and all liability imposed upon the Company pursuant to the Employee Retirement Income Security Act of 1974, as amended, or any regulation thereunder (“ERISA”) resulting from the Company being considered a member of a controlled group within the meaning of ERISA § 4001(a)(14) of which American Entertainment Properties Corporation is a member, except with respect to liability in respect to any employee benefit plan, as defined by ERISA § 3(3), maintained by the Company. Icahn Enterprises Holdings L.P. and IEH FM Holdings LLC are not required to maintain any specific net worth and there can be no guarantee Icahn Enterprises Holdings L.P. and IEH FM Holdings LLC will be able to fund its indemnification obligations to the Company. Other Matters On April 25, 2014, a group of plaintiffs brought an action against Federal-Mogul Products, Inc. (“F-M Products”), a wholly-owned subsidiary of the Company, alleging injuries and damages associated with the discharge of chlorinated hydrocarbons by the former owner of a facility located in Kentucky. Since 1998, when F-M Products acquired the facility, it has been cooperating with the applicable regulatory agencies on remediating the prior discharges pursuant to an order entered into by the facility’s former owner. The Company is unable to estimate any reasonably possible range of loss for reasons including that the plaintiffs did not claim any amount of damages in their complaint. F-M Products intends to vigorously defend this litigation. The Company is involved in other legal actions and claims, directly and through its subsidiaries. Management does not believe that the outcomes of these other actions or claims are likely to have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.

CHANGES IN ACCUMULATED OTHER CO

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (NET OF TAX)	9 Months Ended
	Sep. 30, 2015
Changes In Accumulated Other Comprehensive Income Loss By Component [Abstract]
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (NET OF TAX)	CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (NET OF TAX) The following represents the Company’s changes in accumulated other comprehensive loss ("AOCL") by component for the nine months ended September 30, 2015 : Foreign Currency Translation Adjustments Gains and Losses on Cash Flow Hedges Pensions and Post-retirement Benefits Total Balance at December 31, 2014 $ (482 ) $ (17 ) $ (643 ) $ (1,142 ) Other comprehensive (loss) income before reclassifications (183 ) (3 ) 11 (175 ) Amounts reclassified from AOCL — 2 17 19 Income taxes — — 2 2 Other comprehensive (loss) income (183 ) (1 ) 30 (154 ) Balance at September 30, 2015 $ (665 ) $ (18 ) $ (613 ) $ (1,296 )

RECLASSIFICATIONS OUT OF ACCUMU

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS	RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS Items reclassified out of AOCL to net income are as follows: Three Months Ended Nine Months Ended Affected Line Item in the September 30 September 30 Statement Where Net Loss 2015 2014 2015 2014 is Presented Gain (losses) on cash flow hedges Commodity contracts $ (1 ) $ 1 $ (2 ) $ (1 ) Cost of products sold Foreign currency contracts — — — (1 ) Cost of products sold Total (1 ) 1 (2 ) (2 ) Income taxes — (1 ) — 1 Income tax expense Net of tax (1 ) — (2 ) (1 ) Pensions and post-retirement benefits Cost of products sold and Selling, general and administrative expenses ("SG&A") Amortization of actuarial losses (7 ) (3 ) (20 ) (9 ) Amortization of prior service credits 1 2 3 4 Cost of products sold and SG&A Total (6 ) (1 ) (17 ) (5 ) Income taxes — — — 1 Income tax expense Net of tax (6 ) (1 ) (17 ) (4 ) Total reclassifications $ (7 ) $ (1 ) $ (19 ) $ (5 )

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION In February 2012, 2011 and 2010, the Company granted approximately 809,000 , 1,043,000 and 437,000 SARs, respectively, to certain employees. The SARs granted in February 2012 (“2012 SARs”) and in February 2011 (“2011 SARs”) vested 25.0% on the grant date and 25.0% on each of the next three anniversaries of the grant date. The SARs granted in February 2010 (“2010 SARs”) vested 33.3% on each of the three anniversaries of the grant date. All SARs have a term of five years from date of grant. The SARs are payable in cash or, at the election of the Company, in stock. As the Company anticipates paying out SARs exercised in the form of cash, the SARs are being treated as liability awards for accounting purposes. The Company has total outstanding awards of approximately 609,000 and 796,000 as of September 30, 2015 and December 31, 2014. All 2010 SARs have expired as of September 30, 2015. The Company did not recognize any SARs income for the three months ended September 30, 2015 and recognized $1 million in income for the nine months ended September 30, 2015. The Company recognized SARs income of $2 million and $4 million for the three and nine months ended September 30, 2014 .

INCOME (LOSS) PER COMMON SHARE

INCOME (LOSS) PER COMMON SHARE	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Common Share	INCOME (LOSS) PER COMMON SHARE The following table sets forth the computation of basic and diluted (loss) income per common share attributable to Federal-Mogul: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 (Millions of Dollars, Except per Share Amounts) Amounts attributable to Federal-Mogul: Net (loss) income from continuing operations $ (63 ) $ (18 ) $ (59 ) $ 17 Gain from discontinued operations, net of income tax — — 7 — Net (loss) income $ (63 ) $ (18 ) $ (52 ) $ 17 Weighted average shares outstanding, basic and diluted (in millions) 169.0 150.0 163.2 150.0 Net (loss) income per common share attributable to Federal- Mogul basic and diluted: Net (loss) income from continuing operations $ (0.37 ) $ (0.12 ) $ (0.36 ) $ 0.11 Gain from discontinued operations, net of income tax — — 0.04 — Net (loss) income $ (0.37 ) $ (0.12 ) $ (0.32 ) $ 0.11 As a result of the Company's registered common stock rights offering undertaken in the first quarter of 2015, the Company's total shares outstanding increased by 19,011,407 to 169,040,651 shares outstanding as of September 30, 2015 . Warrants to purchase 6,951,871 common shares, which expired December 27, 2014, were not included in the computation of diluted earnings per share, because the exercise price was greater than the average market price of the Company’s common shares during the three and nine months ended September 30, 2014 .

OPERATIONS BY REPORTING SEGMENT

OPERATIONS BY REPORTING SEGMENT	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
OPERATIONS BY REPORTING SEGMENT	OPERATIONS BY REPORTING SEGMENT The Company operates with two end-customer focused business segments. The Powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The Motorparts segment sells and distributes a broad portfolio of products in the global aftermarket, while also serving original equipment manufacturers with products including braking, chassis, wipers and other vehicle components. This organizational model allows for a strong product line focus benefitting both original equipment and aftermarket customers and enables the Company's global teams to be responsive to customers’ needs for superior products and to promote greater identification with the Company's premium brands. Additionally, this organizational model enhances management focus to capitalize on opportunities for organic or acquisition growth, profit improvement, resource utilization and business model optimization in line with the unique requirements of the two different customer bases. The Company evaluates reporting segment performance principally on a non-GAAP Operational EBITDA basis. Management believes that Operational EBITDA provides supplemental information for management and investors to evaluate the operating performance of its business. Management uses and believes that investors benefit from referring to Operational EBITDA in assessing the Company’s operating results. Operational EBITDA presents a performance measure exclusive of capital structure and the method by which net assets were acquired, disposed of, or financed. Accordingly, Operational EBITDA is defined as earnings before interest, income taxes, depreciation and amortization, and certain items such as restructuring and impairment charges, Chapter 11 and U.K. Administration related reorganization expenses, gains or losses on the sales of businesses, the non-service cost components of the U.S. based funded pension plan, curtailment gains or losses, the income statement impacts associated with SARs, loss on extinguishment of debt and costs associated with acquisitions, legal separation and headquarters relocation. Net sales, cost of products sold and gross profit information are as follows: Three Months Ended September 30 Net Sales Cost of Products Sold Gross Profit 2015 2014 2015 2014 2015 2014 Powertrain $ 1,079 $ 1,091 $ (955 ) $ (963 ) $ 124 $ 128 Motorparts 817 859 (678 ) (725 ) 139 134 Inter-segment eliminations (72 ) (79 ) 72 79 — — Total Reporting Segment $ 1,824 $ 1,871 $ (1,561 ) $ (1,609 ) $ 263 $ 262 Nine Months Ended September 30 Net Sales Cost of Products Sold Gross Profit 2015 2014 2015 2014 2015 2014 Powertrain $ 3,384 $ 3,391 $ (2,978 ) $ (2,966 ) $ 406 $ 425 Motorparts 2,461 2,369 (2,063 ) (1,961 ) 398 408 Inter-segment eliminations (224 ) (238 ) 224 238 — — Total Reporting Segment $ 5,621 $ 5,522 $ (4,817 ) $ (4,689 ) $ 804 $ 833 Operational EBITDA and the reconciliation to net (loss) income are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Powertrain $ 97 $ 104 $ 321 $ 338 Motorparts 56 48 152 168 Total Operational EBITDA 153 152 473 506 Depreciation and amortization (88 ) (88 ) (254 ) (251 ) Interest expense, net (36 ) (34 ) (103 ) (87 ) Restructuring expense (18 ) (25 ) (57 ) (63 ) Loss on sale of equity method investment — — (11 ) — Discontinued operations — — 7 — Acquisition related costs (1 ) (9 ) (7 ) (14 ) Legal separation costs (1 ) (1 ) (3 ) (1 ) Loss on debt extinguishment — — — (24 ) Non-service cost components associated with U.S. based funded pension plans 1 2 1 5 Adjustment of assets to fair value (62 ) (1 ) (60 ) (3 ) Stock appreciation rights — 2 1 4 Headquarters relocation costs — (2 ) — (4 ) Income tax expense (9 ) (15 ) (32 ) (48 ) Other (1 ) 2 (3 ) 1 Net (loss) income $ (62 ) $ (17 ) $ (48 ) $ 21 Total assets are as follows: September 30 December 31 2015 2014 Powertrain $ 4,007 $ 3,485 Motorparts 3,315 3,355 Total Reporting Segment Assets 7,322 6,840 Corporate 131 227 Total Company Assets $ 7,453 $ 7,067

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Interim Financial Statements	Interim Financial Statements The unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. These statements include all adjustments (consisting of normal recurring adjustments) that management believes are necessary for a fair presentation of the results of operations, comprehensive income, financial position and cash flows. The Company’s management believes that the disclosures are adequate to make the information presented not misleading when read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 filed on February 27, 2015. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the year ended December 31, 2015.
Principles of Consolidation	Principles of Consolidation The Company consolidates into its financial statements all wholly-owned and any partially-owned subsidiaries that the Company has the ability to control. Control generally equates to ownership percentage, whereby investments that are more than 50% owned are consolidated, investments in affiliates of 50% or less but greater than 20% are accounted for using the equity method, and investments in affiliates of 20% or less are accounted for using the cost method. See Note 10 , Investment in Non-consolidated Affiliates , for discussion regarding the Company's subsidiaries that were subject to regulatory control. The Company does not consolidate any entity for which it has a variable interest based solely on power to direct the activities and significant participation in the entity’s expected results that would not otherwise be consolidated based on control through voting interests. Further, the Company’s affiliates are businesses established and maintained in connection with the Company's operating strategy. All intercompany transactions and balances have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported therein. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be based upon amounts that differ from these estimates.
Controlling Ownership	Controlling Ownership As of September 30, 2015 , Mr. Carl C. Icahn indirectly controls approximately 81.99% of the voting power of the Company’s capital stock and, by virtue of such stock ownership, is able to control or exert substantial influence over the Company, including the election of directors, business strategy and policies, mergers or other business combinations, acquisition or disposition of assets, future issuances of common stock or other securities, incurrence of debt or obtaining other sources of financing, and the payment of dividends on the Company’s common stock. The existence of a controlling stockholder may have the effect of making it difficult for, or may discourage or delay, a third party from seeking to acquire a majority of the Company’s outstanding common stock, which may adversely affect the market price of the stock. Mr. Icahn’s interests may not always be consistent with the Company’s interests or with the interests of the Company’s other stockholders. Mr. Icahn and entities controlled by him may also pursue acquisitions or business opportunities that may or may not be complementary to the Company’s business. To the extent that conflicts of interest may arise between the Company and Mr. Icahn and his affiliates, those conflicts may be resolved in a manner adverse to the Company or its other shareholders. Related Party Insight Portfolio Group LLC (“Insight Portfolio Group”) is an entity formed by Mr. Icahn in order to maximize the potential buying power of a group of entities with which Mr. Icahn has a relationship in negotiating with a wide range of suppliers of goods, services and tangible and intangible property at negotiated rates. The Company acquired a minority equity interest in Insight Portfolio Group and agreed to pay a portion of Insight Portfolio Group’s operating expenses beginning in 2013. In addition to the minority equity interest held by the Company, certain subsidiaries of Icahn Enterprises Holdings, including CVR, Tropicana, ARI, Viskase PSC Metals and WPH also acquired minority equity interests in Insight Portfolio Group and agreed to pay a portion of Insight Portfolio Group’s operating expenses. A number of other entities with which Mr. Icahn has a relationship also acquired equity interests in Insight Portfolio Group and also agreed to pay certain operating expenses. The Company’s payments to Insight Portfolio Group were less than $0.5 million during 2014. The Company anticipates its 2015 payments to Insight Portfolio Group to be similar to the amounts paid in 2014. On June 1, 2015, Icahn Enterprises L.P., ("IEP"), an entity controlled by Mr. Icahn and the parent company of Federal-Mogul Holdings Corporation, completed an acquisition of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc. comprising the U.S. automotive parts distribution of Uni-Select Inc ("Uni-Select"). Uni-Select will be operated independently from the Company and all transactions will be approved by the independent directors of each company. In connection with IEP's acquisition of Uni-Select, Mr. Icahn has resigned from the Company's board of directors and Daniel A. Ninivaggi, Co-Chief Executive Officer of the Company has resigned from the board of directors of IEP. Subsequent to the IEP acquisition of Uni-Select, Uni-Select changed its name to Auto Plus. The Company had $17 million of sales from the date of acquisition through September 30, 2015 to Auto Plus and $19 million of accounts receivable outstanding from Auto Plus as of September 30, 2015 .
Factoring of Trade Accounts Receivable	Factoring of Trade Accounts Receivable Federal-Mogul subsidiaries in Brazil, France, Germany, Italy and the United States are party to accounts receivable factoring and securitization facilities. Amounts factored under these facilities consist of the following: September 30 December 31 2015 2014 Gross accounts receivable factored $ 412 $ 306 Gross accounts receivable factored, qualifying as sales 397 293 Undrawn cash on factored accounts receivable 1 2 Proceeds from the factoring of accounts receivable qualifying as sales and expenses associated with the factoring of receivables are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Proceeds from factoring qualifying as sales $ 380 $ 456 $ 1,180 $ 1,311 Losses on sales of account receivables (3 ) (2 ) (7 ) (5 ) Certain of the facilities contain terms that require the Company to share in the credit risk of the factored receivables. The maximum exposures to the Company associated with these certain facilities’ terms were $11 million and $17 million as of September 30, 2015 and December 31, 2014 . The fair values of the exposures to the Company associated with these certain facilities’ terms were determined to be immaterial. The losses on sales of accounts receivable are recorded in the condensed consolidated statements of operations within “Other income (expense), net.” Where the Company receives a fee to service and monitor these transferred receivables, such fees are sufficient to offset the costs and, as such, a servicing asset or liability is not incurred as a result of such activities. Accounts receivables factored but not qualifying as a sale, as defined in FASB ASC Topic 860, Transfers and Servicing , were pledged as collateral and accounted for as secured borrowings and recorded in the consolidated balance sheets within “Accounts receivable, net” and “Short-term debt, including current portion of long-term debt.”
Noncontrolling Interests	Noncontrolling Interests The following table presents a rollforward of the changes in noncontrolling interests: Nine Months Ended September 30 2015 Equity balance of noncontrolling interests as of December 31, 2014 $ 103 Acquisitions 28 Comprehensive income (loss): Net income 4 Foreign currency adjustments and other (6 ) Equity balance of noncontrolling interests as of September 30, 2015 $ 129
Compensation - Nonretirement Postemployment Benefits	Termination benefits are accounted for in accordance with ASC 712, Compensation – Nonretirement Postemployment Benefits , and are recorded when it is probable that employees will be entitled to benefits and the amounts can be reasonably estimated. Estimates of termination benefits are based on the frequency of past termination benefits, the similarity of benefits under the current plan and prior plans, and the existence of statutory required minimum benefits. Termination benefits are also accounted for in accordance with ASC 420, Exit or Disposal Cost Obligations (“ASC 420”), for one-time termination benefits and are recorded dependent upon future service requirements.
Fair Value Measurements and Disclosures	ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based upon assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. An asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities measured at fair value are based on one or more of the following three valuation techniques noted in ASC 820: A. Market approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. B. Cost approach: Amount that would be required to replace the service capacity of an asset (replacement cost). C. Income approach: Techniques to convert future amounts to a single present amount based upon market expectations (including present value techniques, option-pricing and excess earnings models).

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Accounts Receivable Factoring and Securitization Facilities	Amounts factored under these facilities consist of the following: September 30 December 31 2015 2014 Gross accounts receivable factored $ 412 $ 306 Gross accounts receivable factored, qualifying as sales 397 293 Undrawn cash on factored accounts receivable 1 2
Proceeds From Factoring of Accounts Receivable Qualifying as Sales and Expenses Associated With Factoring of Receivable	Proceeds from the factoring of accounts receivable qualifying as sales and expenses associated with the factoring of receivables are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Proceeds from factoring qualifying as sales $ 380 $ 456 $ 1,180 $ 1,311 Losses on sales of account receivables (3 ) (2 ) (7 ) (5 )
Schedule of Changes in Noncontrolling Interests	The following table presents a rollforward of the changes in noncontrolling interests: Nine Months Ended September 30 2015 Equity balance of noncontrolling interests as of December 31, 2014 $ 103 Acquisitions 28 Comprehensive income (loss): Net income 4 Foreign currency adjustments and other (6 ) Equity balance of noncontrolling interests as of September 30, 2015 $ 129

RESTRUCTURING (Tables)

RESTRUCTURING (Tables)	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Summary of Company's Restructuring Liabilities by Reporting Segment	The following table provides a quarterly summary of the Company’s consolidated restructuring liabilities and related activity as of and for the nine months ended September 30, 2015 by reporting segment. Powertrain Motorparts Total Reporting Segment Corporate Total Company Balance at December 31, 2014 $ 36 $ 16 $ 52 $ 1 $ 53 Provisions 6 6 12 — 12 Payments (10 ) (5 ) (15 ) (1 ) (16 ) Acquisitions 2 — 2 — 2 Foreign Currency (3 ) (1 ) (4 ) — (4 ) Balance at March 31, 2015 31 16 47 — 47 Provisions 6 25 31 — 31 Reversals (4 ) — (4 ) — (4 ) Payments (16 ) (6 ) (22 ) — (22 ) Balance at June 30, 2015 17 35 52 — 52 Provisions 17 1 18 — 18 Payments (4 ) (6 ) (10 ) — (10 ) Balance at September 30, 2015 $ 30 $ 30 $ 60 $ — $ 60
Summary of Company's Restructuring Liabilities and Related Activity for Each Type of Exit Cost	The following table provides a quarterly summary of the Company’s consolidated restructuring liabilities and related activity for each type of exit cost as of and for the nine months ended September 30, 2015 . As the table reflects, facility closure and other costs are typically paid within the quarter of incurrence. Employee Costs Facility Closure and Other Costs Total Balance at December 31, 2014 $ 51 $ 2 $ 53 Provisions 10 2 12 Payments (13 ) (3 ) (16 ) Acquisitions 2 — 2 Foreign Currency (4 ) — (4 ) Balance at March 31, 2015 46 1 47 Provisions 29 2 31 Reversals (4 ) — (4 ) Payments (20 ) (2 ) (22 ) Balance at June 30, 2015 51 1 52 Provisions 17 1 18 Payments (9 ) (1 ) (10 ) Balance at September 30, 2015 $ 59 $ 1 $ 60

OTHER EXPENSE, NET (Tables)

OTHER EXPENSE, NET (Tables)	9 Months Ended
	Sep. 30, 2015
Other Income and Expenses [Abstract]
Schedule of Other Expense, Net	The specific components of “ Other income (expense), net ” are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Loss on sale of equity method investment $ — $ — $ (11 ) $ — Gain on sale of assets — 1 4 1 Third-party royalty income 1 2 5 5 Legal separation costs (1 ) (1 ) (3 ) (1 ) Losses on sales of account receivables (3 ) (2 ) (7 ) (5 ) Other 3 7 9 (4 ) $ — $ 7 $ (3 ) $ (4 )

ACQUISITIONS Acquisitions (Tabl

ACQUISITIONS Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2015
Business Combinations [Abstract]
Schedule of Fair Values of Assets and Liabilities Assumed	The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date: Fair Value Cash, net of assumed debt $ 6 Accounts receivable, net 107 Inventory, net 74 Property, plant and equipment, net 178 Accounts payable (107 ) Acquired postemployment benefits (81 ) Other net assets 6 Total identifiable net assets $ 183
Schedule of Pro Forma Results	The following proforma results for the three and nine months ended September 30, 2015 and 2014 assume the Affinia chassis business acquisition, the purchase of Honeywell's braking component business and the acquisition of certain assets of the TRW engine components business occurred as of the beginning of 2014 and is inclusive of provisional purchase price adjustments. The proforma results are not necessarily indicative of the results that actually would have been obtained. Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Unaudited Net sales $ 1,824 $ 1,986 $ 5,665 $ 6,247 Net (loss) income attributable to Federal-Mogul $ (62 ) $ (15 ) $ (52 ) $ 22 (Loss) earnings per share attributable to Federal-Mogul - basic and diluted $ (0.37 ) $ (0.10 ) $ (0.32 ) $ 0.15

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Outstanding Commodity Price Hedge Contracts	September 30 December 31 2015 2014 Combined notional value $ 25 $ 36 Combined notional value designated as hedging instruments 25 36 Unrealized net loss recorded in “Accumulated other comprehensive loss” (3 ) (1 )

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Assets and Liabilities Remeasured and Disclosed at Fair Value on Recurring Basis	Assets and liabilities remeasured and disclosed at fair value on a recurring basis at September 30, 2015 and December 31, 2014 are set forth in the table below: Liability Level 2 Valuation Technique September 30, 2015 Commodity contracts $ (3 ) $ (3 ) C December 31, 2014 Commodity contracts (1 ) (1 ) C

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Net Inventories	Net inventories consist of the following: September 30 December 31 2015 2014 Raw materials $ 262 $ 232 Work-in-process 192 171 Finished products 1,043 934 1,497 1,337 Inventory valuation allowance (127 ) (122 ) $ 1,370 $ 1,215

GOODWILL AND OTHER INTANGIBLE35

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Goodwill and Other Intangible Assets	At September 30, 2015 and December 31, 2014 , goodwill and other indefinite-lived intangible assets consist of the following: September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Impairment Net Carrying Amount Gross Carrying Amount Accumulated Impairment Net Carrying Amount Goodwill $ 1,459 $ (740 ) $ 719 $ 1,391 $ (690 ) $ 701 Trademarks and brand names 428 (198 ) 230 425 (198 ) 227 $ 1,887 $ (938 ) $ 949 $ 1,816 $ (888 ) $ 928
Components of Definite-Lived Intangible Assets	At September 30, 2015 and December 31, 2014 , definite-lived intangible assets consist of the following: September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 140 $ (87 ) $ 53 $ 116 $ (73 ) $ 43 Customer relationships 682 (318 ) 364 598 (287 ) 311 $ 822 $ (405 ) $ 417 $ 714 $ (360 ) $ 354
Net Goodwill Balances by Reportable Segments	The following is a quarterly summary of the Company’s goodwill as of and for the nine months ended September 30, 2015 : Powertrain Motorparts Net Carrying Amount Balance at December 31, 2014 $ 490 $ 211 $ 701 2014 impairment finalization — 6 6 Acquisitions and purchase accounting adjustments 51 — 51 Foreign currency (3 ) — (3 ) Balance at March 31, 2015 538 217 755 Acquisitions and purchase accounting adjustments 32 — 32 Foreign currency 4 1 5 Balance at June 30, 2015 574 218 792 Impairments — (56 ) (56 ) Acquisitions and purchase accounting adjustments (9 ) — (9 ) Foreign currency (7 ) (1 ) (8 ) Balance at September 30, 2015 $ 558 $ 161 $ 719
Net Trademarks and Brand Names by Reportable Segment	uding projected future cash flows discounted at rates commensurate with the risks involved, guideline transaction multiples, and mul
Summary of Company's Goodwill and Other Intangible Assets (Net)	ples of current and future earnings. The following is a quarterly summary of the Company’s trademarks and brand

INVESTMENTS IN NON-CONSOLIDAT36

INVESTMENTS IN NON-CONSOLIDATED AFFILIATES (Tables)	9 Months Ended
	Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
Aggregate Investments and Direct Ownership in Affiliates	The following represents the Company’s aggregate investments and direct ownership in these affiliates: September 30 December 31 2015 2014 Investments in non-consolidated affiliates $ 280 $ 269 Direct ownership percentages 2% to 50% 2% to 100%
Representation of Amounts Reflected in Company's Financial Statements Related to Non-Consolidated Affiliates	The following table represents amounts reflected in the Company’s financial statements related to non-consolidated affiliates: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Equity earnings of non-consolidated affiliates $ 9 $ 12 $ 37 $ 39 Cash dividends received from non-consolidated affiliates — 17 6 22
Aggregated Financial Information of Non-Consolidated Affiliates	The following table presents selected aggregated financial information of the Company’s non-consolidated affiliates: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Statements of Operations Sales $ 193 $ 232 $ 625 $ 679 Gross profit 36 46 125 142 Income from continuing operations 25 31 100 105 Net income 23 27 91 92

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2015
Other Liabilities Disclosure [Abstract]
Components of Accrued Liabilities	Accrued liabilities consist of the following: September 30 December 31 2015 2014 Accrued compensation $ 217 $ 177 Accrued rebates 164 149 Restructuring liabilities 60 53 Non-income taxes payable 55 52 Alleged defective products 31 30 Accrued professional services 31 28 Accrued income taxes 22 24 Accrued product returns 20 24 Accrued warranty 16 9 $ 616 $ 546

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Amortization of Fair Value Adjustment	Interest expense associated with the amortization of the original issue discount, debt issuance costs and fair value adjustment recognized in the Company’s condensed consolidated statements of operations, consists of the following: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Amortization of debt issuance fees $ 1 $ 1 $ 2 $ 2 Amortization of original issue discount — — 1 — Amortization of fair value adjustment — — — 7 $ 1 $ 1 $ 3 $ 9
Components of Long-Term Debt	September 30 December 31 2015 2014 Loans under New Term Facilities: Revolver $ 335 $ — Tranche B term loan 693 698 Tranche C term loan 1,881 1,895 Debt discount (9 ) (10 ) Other debt, primarily foreign instruments 119 107 3,019 2,690 Less: Short-term debt, including current maturities of long-term debt (141 ) (127 ) Total long-term debt $ 2,878 $ 2,563
Estimated Fair Values of Company's Debt Facilities	Estimated fair values of the Company’s term loans under the Credit Agreement were: Estimated Fair Value (Level 1) Fair Value in Excess (Deficit) of Carrying Value Valuation Technique September 30, 2015 Term Loans $ 2,468 $ (97 ) A December 31, 2014 Term Loans $ 2,571 $ (12 ) A

PENSIONS AND OTHER POSTEMPLOY39

PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Net Periodic Benefit Cost (Credit)	Components of net periodic benefit cost (credit) for the nine months ended September 30, 2015 and 2014 are as follows: Pension Benefits Other Post-Retirement United States Plans Non-U.S. Plans Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 2 $ 2 $ 12 $ 9 $ — $ — Interest cost 36 39 8 12 10 12 Expected return on plan assets (44 ) (46 ) (1 ) (2 ) — — Amortization of actuarial losses 8 3 8 4 4 2 Amortization of prior service credits — — — — (3 ) (4 ) Net periodic benefit cost (credit) $ 2 $ (2 ) $ 27 $ 23 $ 11 $ 10

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Total Environmental Liabilities	Total environmental liabilities, determined on an undiscounted basis, are included in the consolidated balance sheets as follows: September 30 December 31 2015 2014 Other current liabilities $ 7 $ 6 Other accrued liabilities (noncurrent) 9 9 $ 16 $ 15
Liabilities for Asset Retirement Obligation	In connection with these sites, the Company maintains ARO liabilities in the consolidated balance sheets as follows: September 30 December 31 2015 2014 Other current liabilities $ 2 $ 3 Other accrued liabilities (noncurrent) 17 21 $ 19 $ 24

CHANGES IN ACCUMULATED OTHER 41

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (NET OF TAX) (Tables)	9 Months Ended
	Sep. 30, 2015
Changes In Accumulated Other Comprehensive Income Loss By Component [Abstract]
Changes in AOCI By Components	The following represents the Company’s changes in accumulated other comprehensive loss ("AOCL") by component for the nine months ended September 30, 2015 : Foreign Currency Translation Adjustments Gains and Losses on Cash Flow Hedges Pensions and Post-retirement Benefits Total Balance at December 31, 2014 $ (482 ) $ (17 ) $ (643 ) $ (1,142 ) Other comprehensive (loss) income before reclassifications (183 ) (3 ) 11 (175 ) Amounts reclassified from AOCL — 2 17 19 Income taxes — — 2 2 Other comprehensive (loss) income (183 ) (1 ) 30 (154 ) Balance at September 30, 2015 $ (665 ) $ (18 ) $ (613 ) $ (1,296 )

RECLASSIFICATIONS OUT OF ACCU42

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Reclassification of Accumulated Other Comprehensive Loss to Net Income (Loss)	Items reclassified out of AOCL to net income are as follows: Three Months Ended Nine Months Ended Affected Line Item in the September 30 September 30 Statement Where Net Loss 2015 2014 2015 2014 is Presented Gain (losses) on cash flow hedges Commodity contracts $ (1 ) $ 1 $ (2 ) $ (1 ) Cost of products sold Foreign currency contracts — — — (1 ) Cost of products sold Total (1 ) 1 (2 ) (2 ) Income taxes — (1 ) — 1 Income tax expense Net of tax (1 ) — (2 ) (1 ) Pensions and post-retirement benefits Cost of products sold and Selling, general and administrative expenses ("SG&A") Amortization of actuarial losses (7 ) (3 ) (20 ) (9 ) Amortization of prior service credits 1 2 3 4 Cost of products sold and SG&A Total (6 ) (1 ) (17 ) (5 ) Income taxes — — — 1 Income tax expense Net of tax (6 ) (1 ) (17 ) (4 ) Total reclassifications $ (7 ) $ (1 ) $ (19 ) $ (5 )

INCOME (LOSS) PER COMMON SHARE

INCOME (LOSS) PER COMMON SHARE INCOME (LOSS) PER COMMON SHARE (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted (loss) income per common share attributable to Federal-Mogul: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 (Millions of Dollars, Except per Share Amounts) Amounts attributable to Federal-Mogul: Net (loss) income from continuing operations $ (63 ) $ (18 ) $ (59 ) $ 17 Gain from discontinued operations, net of income tax — — 7 — Net (loss) income $ (63 ) $ (18 ) $ (52 ) $ 17 Weighted average shares outstanding, basic and diluted (in millions) 169.0 150.0 163.2 150.0 Net (loss) income per common share attributable to Federal- Mogul basic and diluted: Net (loss) income from continuing operations $ (0.37 ) $ (0.12 ) $ (0.36 ) $ 0.11 Gain from discontinued operations, net of income tax — — 0.04 — Net (loss) income $ (0.37 ) $ (0.12 ) $ (0.32 ) $ 0.11

OPERATIONS BY REPORTING SEGME44

OPERATIONS BY REPORTING SEGMENT (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Summary of Net Sales, Cost of Products Sold and Gross Margin Information	Net sales, cost of products sold and gross profit information are as follows: Three Months Ended September 30 Net Sales Cost of Products Sold Gross Profit 2015 2014 2015 2014 2015 2014 Powertrain $ 1,079 $ 1,091 $ (955 ) $ (963 ) $ 124 $ 128 Motorparts 817 859 (678 ) (725 ) 139 134 Inter-segment eliminations (72 ) (79 ) 72 79 — — Total Reporting Segment $ 1,824 $ 1,871 $ (1,561 ) $ (1,609 ) $ 263 $ 262 Nine Months Ended September 30 Net Sales Cost of Products Sold Gross Profit 2015 2014 2015 2014 2015 2014 Powertrain $ 3,384 $ 3,391 $ (2,978 ) $ (2,966 ) $ 406 $ 425 Motorparts 2,461 2,369 (2,063 ) (1,961 ) 398 408 Inter-segment eliminations (224 ) (238 ) 224 238 — — Total Reporting Segment $ 5,621 $ 5,522 $ (4,817 ) $ (4,689 ) $ 804 $ 833
Summary of Net Income (Loss)	Operational EBITDA and the reconciliation to net (loss) income are as follows: Three Months Ended Nine Months Ended September 30 September 30 2015 2014 2015 2014 Powertrain $ 97 $ 104 $ 321 $ 338 Motorparts 56 48 152 168 Total Operational EBITDA 153 152 473 506 Depreciation and amortization (88 ) (88 ) (254 ) (251 ) Interest expense, net (36 ) (34 ) (103 ) (87 ) Restructuring expense (18 ) (25 ) (57 ) (63 ) Loss on sale of equity method investment — — (11 ) — Discontinued operations — — 7 — Acquisition related costs (1 ) (9 ) (7 ) (14 ) Legal separation costs (1 ) (1 ) (3 ) (1 ) Loss on debt extinguishment — — — (24 ) Non-service cost components associated with U.S. based funded pension plans 1 2 1 5 Adjustment of assets to fair value (62 ) (1 ) (60 ) (3 ) Stock appreciation rights — 2 1 4 Headquarters relocation costs — (2 ) — (4 ) Income tax expense (9 ) (15 ) (32 ) (48 ) Other (1 ) 2 (3 ) 1 Net (loss) income $ (62 ) $ (17 ) $ (48 ) $ 21
Summary of Total Assets	Total assets are as follows: September 30 December 31 2015 2014 Powertrain $ 4,007 $ 3,485 Motorparts 3,315 3,355 Total Reporting Segment Assets 7,322 6,840 Corporate 131 227 Total Company Assets $ 7,453 $ 7,067

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		4 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Minimum Percentage of Ownership in Investments for Consolidation				50.00%
Percentage of controlling ownership in voting power of capital stock			81.99%	81.99%
Business acquisition net cash acquired				$ 365	$ 321
Maximum exposures to accounts receivable factoring and securitization facilities			$ 11	11		$ 17
Payments to Noncontrolling Interests						$ 0.5
Related Party Transaction, Other Revenues from Transactions with Related Party			17
Accounts Receivable, Related Parties			$ 19	$ 19
Minimum [Member] | Equity Method Investments [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of investment in affiliates			20.00%	20.00%
Maximum [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of investment in affiliates			50.00%	50.00%		100.00%
Maximum [Member] | Cost Method Investments [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of investment in affiliates			20.00%	20.00%
Affinia [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Payments to Acquire Businesses, Gross	$ 9	$ 140

Basis of Presentation - Summary

Basis of Presentation - Summary of Accounts Receivable Factoring and Securitization Facilities (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Gross accounts receivable factored	$ 412	$ 306
Gross accounts receivable factored, qualifying as sales	397	293
Undrawn cash on factored accounts receivable	$ 1	$ 2

Basis of Presentation - Proceed

Basis of Presentation - Proceeds from Factoring of Accounts Receivable Qualifying as Sales and Expenses Associated with Factoring of Accounts Receivable (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Accounting Policies [Abstract]
Proceeds from factoring qualifying as sales	$ 380	$ 456	$ 1,180	$ 1,311
Expenses associated with factoring of receivables	$ (3)	$ (2)	$ (7)	$ (5)

Basis of Presentation - Schedul

Basis of Presentation - Schedule of Changes in Noncontrolling Interests (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Accounting Policies [Abstract]
Equity in noncontrolling interest from acquisitions			$ 28
Equity balance of non-controlling interests, Beginning balance			103
Net income	$ 1	$ 1	4	$ 4
Foreign currency adjustments and other			(6)
Equity balance of non-controlling interests, Ending balance	$ 129		$ 129

Restructuring - Summary of Comp

Restructuring - Summary of Company's Restructuring Liabilities by Reporting Segment (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	$ 52	$ 47	$ 53		$ 53
Provisions	18	31	12	$ 25	63
Restructuring Reserve, Accrual Adjustment		4
Payments	(10)	(22)	(16)		(48)	$ (33)
restructuring charges related to acquisitions			2
Foreign Currency			(4)
Restructuring Reserve, Ending Balance	60	52	47		60
Reporting Segment One [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	17	31	36		36
Provisions	17	6	6
Restructuring Reserve, Accrual Adjustment		4
Payments	(4)	(16)	(10)
restructuring charges related to acquisitions			2
Foreign Currency			(3)
Restructuring Reserve, Ending Balance	30	17	31		30
Reporting Segment Two [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	35	16	16		16
Provisions	1	25	6
Restructuring Reserve, Accrual Adjustment		0
Payments	(6)	(6)	(5)
restructuring charges related to acquisitions			0
Foreign Currency			(1)
Restructuring Reserve, Ending Balance	30	35	16		30
Total Reporting Segment [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	52	47	52		52
Provisions	18	31	12
Restructuring Reserve, Accrual Adjustment		4
Payments	(10)	(22)	(15)
restructuring charges related to acquisitions			2
Foreign Currency			(4)
Restructuring Reserve, Ending Balance	60	52	47		60
Corporate [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	0	0	1		1
Provisions	0	0	0
Restructuring Reserve, Accrual Adjustment		0
Payments	0	0	(1)
restructuring charges related to acquisitions			0
Foreign Currency			0
Restructuring Reserve, Ending Balance	0	0	0		0
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	51	46	51		51
Provisions	17	29	10	23		57
Restructuring Reserve, Accrual Adjustment		4
Payments	(9)	(20)	(13)
Restructuring Reserve, Ending Balance	59	51	46		59
Facility Closing [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	1	1	2		2
Provisions	1	2	2	$ 2		$ 6
Restructuring Reserve, Accrual Adjustment		0
Payments	(1)	(2)	(3)
Restructuring Reserve, Ending Balance	$ 1	$ 1	$ 1		$ 1

Restructuring - Summary of Co50

Restructuring - Summary of Company's Restructuring Liabilities and Related Activity for Each Type of Exit Cost (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	$ 52	$ 47	$ 53		$ 53
Provisions	18	31	12	$ 25	63
Restructuring Reserve, Accrual Adjustment		4
Payments	(10)	(22)	(16)		(48)	$ (33)
restructuring charges related to acquisitions			2
Foreign Currency			(4)
Restructuring Reserve, Ending Balance	60	52	47		60
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	51	46	51		51
Provisions	17	29	10	23		57
Restructuring Reserve, Accrual Adjustment		4
Payments	(9)	(20)	(13)
Restructuring Reserve, Ending Balance	59	51	46		59
Facility Closing [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Beginning Balance	1	1	2		2
Provisions	1	2	2	$ 2		$ 6
Restructuring Reserve, Accrual Adjustment		0
Payments	(1)	(2)	(3)
Restructuring Reserve, Ending Balance	$ 1	$ 1	1		$ 1
Facility Closing [Member]
Restructuring Reserve [Roll Forward]
restructuring charges related to acquisitions			0
Foreign Currency			0
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
restructuring charges related to acquisitions			2
Foreign Currency			$ (4)

Restructuring - Additional Info

Restructuring - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring And Related Cost Estimated Additional Charges For New Restructuring Programs	$ 40
Restructuring And Related Cost Estimated Additional Charges For Previously Existing Restructuring Programs	10
Restructuring Charges	18	$ 31	$ 12	$ 25	$ 63
Corporate [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	0	0	0
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	17	29	10	23		$ 57
Facility Closing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 1	$ 2	$ 2	$ 2		$ 6

Restructuring - Net Restructuri

Restructuring - Net Restructuring Costs by Type of Exit Cost (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 18	$ 31	$ 12	$ 25	$ 63
Restructuring Reserve, Accrual Adjustment		4
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	17	29	10	23		$ 57
Restructuring Reserve, Accrual Adjustment		4
Facility Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 1	2	$ 2	$ 2		$ 6
Restructuring Reserve, Accrual Adjustment		$ 0

Other Income (Expense), Net - S

Other Income (Expense), Net - Schedule of Specific Components of Other Income (Expense), Net (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Other Income and Expenses [Abstract]
Loss on sale of equity method investment	$ 0	$ 0	$ 11	$ 0
Gain on sale of assets	0	1	4	1
Third-party royalty income	1	2	5	5
Legal separation costs	(1)	(1)	(3)	(1)
Losses on sales of account receivables	(3)	(2)	(7)	(5)
Other	3	7	9	(4)
Other income (expense), net	$ 0	$ 7	$ (3)	$ (4)

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Millions	Jul. 07, 2015	Feb. 06, 2015	Jul. 11, 2014	May. 01, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Acquisition and purchase accounting costs					$ (1)	$ (9)		$ (7)	$ (14)
Goodwill					$ 719			$ 719		$ 792	$ 755	$ 701
Majority Shareholder Ownership Percentage					81.99%			81.99%
Affinia [Member]
Business Acquisition [Line Items]
Acquisition purchase price				$ 149
Payments to Acquire Businesses, Gross						$ 9	$ 140
Tangible net assets				71
Goodwill				26
Purchase price allocated to other intangible assets				$ 52
Honeywell [Member]
Business Acquisition [Line Items]
Acquisition purchase price			$ 168
Tangible net assets			$ 183		$ 183			$ 183
TRW Automotive, Inc [Member]
Business Acquisition [Line Items]
Acquisition and purchase accounting costs								(1)
Acquisition purchase price	$ 56	$ 309
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Significant Inputs	25
Tangible net assets					390			390		394
Purchase price allocated to other intangible assets					$ 106			$ 106		$ 69
Majority Shareholder Ownership Percentage	66.00%

ACQUISITIONS - Estimated Fair V

ACQUISITIONS - Estimated Fair Values of Assets and Liabilities Assumed (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Jul. 11, 2014	May. 01, 2014
Business Acquisition [Line Items]
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Assumed Goodwill	$ 18
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles	37
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accounts Payable	(1)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments, Accrued Liabilities	(7)
TRW Automotive, Inc [Member]
Business Acquisition [Line Items]
Cash, net of assumed debt	14	$ 14
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Cash and Equivalents Net of Debt Assumed	0
Accounts receivable, net	31	31
Business combination, provisional information, initial accounting incomplete, adjustment, accounts receivable	0
Inventory, net	36	36
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory	0
Property, plant and equipment, net	235	287
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	76	58
Purchase price allocated to other intangible assets	106	69
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment	(52)
Accounts payable	(22)	(21)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, accrued liabilities	(43)	(36)
Acquired postemployment benefits	(46)	(45)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Post-Employment Benefits	(1)
Other net assets	3	1
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Net Assets (Liabilities)	2
Total identifiable net assets	390	$ 394
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred	(4)
TRW Automotive, Inc [Member]
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability			$ 15
Cash, net of assumed debt	6
Accounts receivable, net	107
Inventory, net	74
Property, plant and equipment, net	178
Accounts payable	(107)
Acquired postemployment benefits	(81)
Other net assets	6
Total identifiable net assets	$ 183		$ 183
Affinia [Member]
Business Acquisition [Line Items]
Purchase price allocated to other intangible assets				$ 52
Total identifiable net assets				$ 71

ACQUISITIONS - Pro Forma Result

ACQUISITIONS - Pro Forma Results (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Business Combinations [Abstract]
Business Acquisition, Pro Forma Revenue	$ 1,824	$ 1,986	$ 5,665	$ 6,247
Business Acquisition, Pro Forma Net Income (Loss)	$ (62)	$ (15)	$ (52)	$ 22
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ (0.37)	$ (0.10)	$ (0.32)	$ 0.15

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	$ 0	$ 0	$ 7	$ 0

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Derivative [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ (1)	$ 0	$ (3)	$ 1
Cost of Goods Sold	(1,561)	(1,609)	(4,817)	(4,689)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	1	1	$ 2	2
Interest rates change			0.25%
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Derivative [Line Items]
Concentration risk			12.00%
Commodity Contracts [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	1	0	$ 3	1
Total notional value of five-year interest rate swap agreements	25		25		$ 36
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Commodity Contracts [Member]
Derivative [Line Items]
Cost of Goods Sold	1	(1)	2	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Foreign Currency Contracts [Member]
Derivative [Line Items]
Cost of Goods Sold	0	0	0	1
Cost of Sales [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Commodity Contracts [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ 1	$ 1	$ 2	1
Cost of Sales [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Foreign Currency Contracts [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax				$ 1

Financial Instruments - Schedul

Financial Instruments - Schedule of Outstanding Commodity Price Hedge Contracts (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Derivative [Line Items]
Document Period End Date			Sep. 30, 2015
Gain (Loss) on Price Risk Derivatives, Net			$ (3)		$ (1)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ (1)	$ 0	(3)	$ 1
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	(1)	(1)	(2)	(2)
Commodity Contracts [Member]
Derivative [Line Items]
Combined notional value	25		25		36
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	1	0	3	1
Commodity Contracts [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Combined notional value	25		25		36
Other Current Liabilities [Member] | Commodity [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	3		3		$ 1
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Cost of Sales [Member] | Commodity Contracts [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ (1)	$ (1)	$ (2)	$ (1)

Financial Instruments - Sched60

Financial Instruments - Schedule of Outstanding Foreign Currency Hedge Contracts (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ (1)	$ (1)	$ (2)	$ (2)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Cost of Sales [Member] | Foreign Currency Contracts [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax				$ (1)

Financial Instruments - Effect

Financial Instruments - Effect of Company's Derivative Instruments on Consolidated Statement of Comprehensive Income (Loss) and Consolidated Statement of Operations (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivatives (Effective Portion)	$ (1)	$ 0	$ (3)	$ 1
Reclassification of losses included in net (loss) income during the period	1	1	2	2
Cost of Goods Sold	(1,561)	(1,609)	(4,817)	(4,689)
Other Comprehensive Income (Loss), before Reclassifications, before Tax			(175)
Commodity Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivatives (Effective Portion)	1	0	3	1
Gains and Losses on Cash Flow Hedges [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, before Tax			(3)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Commodity Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cost of Goods Sold	1	(1)	2	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Commodity Contracts [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification of losses included in net (loss) income during the period	1	1	2	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Foreign Currency Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cost of Goods Sold	$ 0	$ 0	$ 0	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Foreign Currency Contracts [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification of losses included in net (loss) income during the period				$ 1

Fair Value Measurement - Assets

Fair Value Measurement - Assets and Liabilities Remeasured and Disclosed at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Adjustment of assets to fair value	$ (62)	$ (1)	$ (60)	$ (3)
Fair Value Measurements, Recurring [Member] | Commodity Contracts [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(3)		(3)		$ (1)
Level 2 [Member] | Fair Value Measurements, Recurring [Member] | Commodity Contracts [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ (3)		$ (3)		$ (1)

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Adjustment of assets to fair value	$ 62	$ 1	$ 60	$ 3

FAIR VALUE MEASUREMENTS Fair Va

FAIR VALUE MEASUREMENTS Fair Value Measurement - Assets Remeasured and Disclosed at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of impaired long lived assets	$ 27	$ 3	$ 27	$ 3
Assets, Fair Value Adjustment	(62)	$ (1)	(60)	(3)
Goodwill [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	56		56
Goodwill [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Assets, Fair Value Adjustment			56
Goodwill [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Property, Plant and Equipment [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	17		17		$ 0
Assets, Fair Value Adjustment			10	3
Impairment of Long-Lived Assets Held-for-use			10	$ 3
Property, Plant and Equipment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 17		$ 17		$ 0

Inventories - Net Inventories (

Inventories - Net Inventories (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Inventory Net
Raw materials	$ 262	$ 232
Work-in-process	192	171
Finished products	1,043	934
Gross inventory	1,497	1,337
Inventory valuation allowance	(127)	(122)
Total Inventories	$ 1,370	$ 1,215

Goodwill and Other Intangible66

Goodwill and Other Intangible Assets - Components of Goodwill and Other Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Finite And Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Translation Adjustments		$ 2	$ (2)
Goodwill, Impairment Loss	$ (56)		6
Goodwill, Gross Carrying Amount	1,459			$ 1,459	$ 1,391
Goodwill, Accumulated Impairment	(740)			(740)	(690)
Goodwill, Net Carrying Amount	719	792	755	719	701
Indefinite Lived Intangible Assets, Gross Carrying Amount	1,887			1,887	1,816
Indefinite Lived Intangible Assets, Accumulated Impairment	(938)			(938)	(888)
Indefinite Lived Intangible Assets, Net Carrying Amount	949			949	928
Definite lived Intangible Assets, Gross Carrying Amount	822			822	714
Definite Lived Intangible Assets, Accumulated Amortization	(405)			(405)	(360)
Definite Lived Intangible Assets, Net Carrying Amount	417	417	407	417	354
Developed Technology Rights [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Definite lived Intangible Assets, Gross Carrying Amount	140			140	116
Definite Lived Intangible Assets, Accumulated Amortization	(87)			(87)	(73)
Definite Lived Intangible Assets, Net Carrying Amount	53			53	43
Customer Relationships [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Definite lived Intangible Assets, Gross Carrying Amount	682			682	598
Definite Lived Intangible Assets, Accumulated Amortization	(318)			(318)	(287)
Definite Lived Intangible Assets, Net Carrying Amount	364			364	311
Trademarks and Brand Names [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Trademarks and brand names, Gross Carrying Amount	428			428	425
Trademarks and brand names, Accumulated Impairment	(198)			(198)	(198)
Trademarks and brand names, Net Carrying Amount	230	230	227	230	227
TRW Automotive, Inc [Member] | Developed Technology Rights [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-Lived Intangibles (Net), Acquisitions				22
TRW Automotive, Inc [Member] | Customer Relationships [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-Lived Intangibles (Net), Acquisitions				84
Reporting Segment One [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Translation Adjustments		2	(2)
Goodwill, Impairment Loss	0		0
Goodwill, Net Carrying Amount	558	574	538	558	490
Definite Lived Intangible Assets, Net Carrying Amount	146	136	117	146	53
Reporting Segment One [Member] | Trademarks and Brand Names [Member]
Finite And Indefinite Lived Intangible Assets [Line Items]
Trademarks and brand names, Net Carrying Amount	$ 7	$ 7	$ 4	$ 7	$ 4

Goodwill and Other Intangible67

Goodwill and Other Intangible Assets - Net Goodwill Balances by Reportable Segments (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Goodwill [Line Items]
Net Goodwill	$ 719	$ 792	$ 755	$ 701	$ 719
Goodwill, Impairment Loss	(56)		6
Business Acquisition Purchase Price Allocations Goodwill Amount	(9)	32	51		76
Goodwill, Translation Adjustments	(8)	5	(3)
Reporting Segment One [Member]
Goodwill [Line Items]
Net Goodwill	558	574	538	490	558
Goodwill, Impairment Loss	0		0
Business Acquisition Purchase Price Allocations Goodwill Amount	(9)	32
Goodwill, Translation Adjustments	(7)	4	(3)
Reporting Segment Two [Member]
Goodwill [Line Items]
Net Goodwill	161	218	217	211	$ 161
Goodwill, Impairment Loss	(56)		6	$ 120
Business Acquisition Purchase Price Allocations Goodwill Amount	0	0	0
Goodwill, Translation Adjustments	$ (1)	$ 1	$ 0

Goodwill and Other Intangible68

Goodwill and Other Intangible Assets - Net Trademarks and Brand Names by Reportable Segment (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	$ 0	$ 4
Goodwill, Impairment Loss	(56)		$ 6
Indefinite-lived Intangible Assets, Translation Adjustments		(1)	0
Reporting Segment Two [Member]
Goodwill [Line Items]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	0	0
Goodwill, Impairment Loss	(56)		6	$ 120
Indefinite-lived Intangible Assets, Translation Adjustments		0	0
Reporting Segment One [Member]
Goodwill [Line Items]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	0	4
Goodwill, Impairment Loss	0		0
Indefinite-lived Intangible Assets, Translation Adjustments		(1)	0
Trademarks and Brand Names [Member]
Goodwill [Line Items]
Net trademarks and brand names	230	230	227	227
Trademarks and Brand Names [Member] | Reporting Segment Two [Member]
Goodwill [Line Items]
Net trademarks and brand names	223	223	223	223
Trademarks and Brand Names [Member] | Reporting Segment One [Member]
Goodwill [Line Items]
Net trademarks and brand names	$ 7	$ 7	$ 4	$ 4

Goodwill and Other Intangible69

Goodwill and Other Intangible Assets - Summary of Company's Goodwill and Other Intangible Assets (Net) (Detail) - USD ($) $ in Millions	3 Months Ended					9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	$ 15					$ 15
Goodwill, Impairment Loss	56		$ (6)
Goodwill [Roll Forward]
Net Goodwill, Beginning Balance	792	$ 755	701			701
Business Acquisition Purchase Price Allocations Goodwill Amount	(9)	32	51			76
Goodwill, Translation Adjustments	(8)	5	(3)
Net Goodwill, Ending Balance	719	792	755	$ 701		719
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	16	23	69
Indefinite-lived Intangible Assets, Translation Adjustments		(1)	0
Finite-lived Intangible Assets [Roll Forward]
Definite-Lived Intangibles (Net), Beginning Balance	417	407	354			354
Definite-Lived Intangibles (Net), Amortization expense	(16)	(15)	(14)		$ (13)	(45)	$ (37)
Definite-Lived Intangibles (Net), Foreign currency		2	(2)
Definite-Lived Intangibles (Net), Ending Balance	417	417	407	354		417
Finite-Lived Intangible Assets, Amortization Expense, Year Two	58					58
Finite-Lived Intangible Assets, Amortization Expense, Year Three	57					57
Finite-Lived Intangible Assets, Amortization Expense, Year Four	49					49
Finite-Lived Intangible Assets, Amortization Expense, Year Five	49					49
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	189					$ 189
Document Period End Date						Sep. 30, 2015
Reporting Segment One [Member]
Goodwill, Impairment Loss	0		0
Goodwill [Roll Forward]
Net Goodwill, Beginning Balance	574	538	490			$ 490
Business Acquisition Purchase Price Allocations Goodwill Amount	(9)	32
Goodwill, Translation Adjustments	(7)	4	(3)
Net Goodwill, Ending Balance	558	574	538	490		558
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	16	23	69
Indefinite-lived Intangible Assets, Translation Adjustments		(1)	0
Finite-lived Intangible Assets [Roll Forward]
Definite-Lived Intangibles (Net), Beginning Balance	136	117	53			53
Definite-Lived Intangibles (Net), Amortization expense	(6)	(6)	(3)
Definite-Lived Intangibles (Net), Foreign currency		2	(2)
Definite-Lived Intangibles (Net), Ending Balance	146	136	117	53		146
Reporting Segment Two [Member]
Goodwill, Impairment Loss	56		(6)	(120)
Goodwill [Roll Forward]
Net Goodwill, Beginning Balance	218	217	211			211
Business Acquisition Purchase Price Allocations Goodwill Amount	0	0	0
Goodwill, Translation Adjustments	(1)	1	0
Net Goodwill, Ending Balance	161	218	217	211		161
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments	0	0	0
Indefinite-lived Intangible Assets, Translation Adjustments		0	0
Finite-lived Intangible Assets [Roll Forward]
Definite-Lived Intangibles (Net), Beginning Balance	281	290	301			301
Definite-Lived Intangibles (Net), Amortization expense	(10)	(9)	(11)
Definite-Lived Intangibles (Net), Foreign currency		0	0
Definite-Lived Intangibles (Net), Ending Balance	271	$ 281	290	301		271
TRW Automotive, Inc [Member]
Goodwill [Roll Forward]
Business Acquisition Purchase Price Allocations Goodwill Amount			51
Developed Technology Rights [Member]
Finite-lived Intangible Assets [Roll Forward]
Definite-Lived Intangibles (Net), Beginning Balance			$ 43			43
Definite-Lived Intangibles (Net), Ending Balance	$ 53			$ 43		53
Developed Technology Rights [Member] | TRW Automotive, Inc [Member]
Finite-lived Intangible Assets [Roll Forward]
Definite-Lived Intangibles (Net), Acquisitions						$ 22

Investments in Non-Consolidat70

Investments in Non-Consolidated Affiliates - Aggregate Investments and Direct Ownership in Affiliates (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Investments in and Advances to Affiliates [Line Items]
Investments in non-consolidated affiliates	$ 280	$ 269
Minimum Percentage of Ownership in Investments for Consolidation	50.00%
Minimum [Member]
Investments in and Advances to Affiliates [Line Items]
Direct ownership percentage	2.00%	2.00%
Maximum [Member]
Investments in and Advances to Affiliates [Line Items]
Direct ownership percentage	50.00%	100.00%

Investments in Non-Consolidat71

Investments in Non-Consolidated Affiliates - Representation of Amounts Reflected in Company's Financial Statements Related to Non-Consolidated Affiliates (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Loss on sale of equity method investment	$ 0	$ 0	$ (11)	$ 0
Equity earnings of non-consolidated affiliates	9	12	37	39
Proceeds from Equity Method Investment, Dividends or Distributions	$ 0	$ 17	$ 6	$ 22

Investments in Non-Consolidat72

Investments in Non-Consolidated Affiliates - Aggregated Financial Information of Non-Consolidated Affiliates (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]
Sales	$ 193	$ 232	$ 625	$ 679
Gross margin	36	46	125	142
Income from continuing operations	25	31	100	105
Net income	$ 23	$ 27	$ 91	$ 92

Accrued Liabilities - Component

Accrued Liabilities - Components of Accrued Liabilities (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Accrued compensation	$ 217	$ 177
Accrued rebates	164	149
Restructuring Reserve, Noncurrent	60	53
Non-income taxes payable	55	52
Accrued professional services	31	28
Alleged defective products	31	30
Accrued income taxes	22	24
Accrued product returns	20	24
Accrued warranty	16	9
Total other current liabilities	$ 616	$ 546

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	Dec. 06, 2013	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Apr. 15, 2014	Dec. 27, 2007
Line of Credit Facility [Line Items]
Amortization of Debt Discount (Premium)		$ 0	$ 0	$ 1,000,000	$ 0
Loss on debt extinguishment		0	$ 0	$ 0	24,000,000
Debt Instrument, Interest Rate, Increase (Decrease)				0.25%
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums		9,000,000		$ 9,000,000		$ 10,000,000
Letters of Credit Outstanding, Amount		$ 40,000,000		40,000,000		34,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Borrowing base	$ 550,000,000							$ 540,000,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.375%
Line of Credit Facility, Refinancing Indebtedness Due, Period		91 days
Borrowing base		$ 175,000,000		$ 175,000,000		516,000,000
New Tranche B Term Loan [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Term				48 months
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums							$ (2,000,000)
Debt issuance costs					6,000,000
New Tranche C Term Loan [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Term				84 months
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums							(9,000,000)
Debt issuance costs					$ 6,000,000
Base Rate [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest	0.50%
Base Rate [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest	1.00%
LIBOR [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest	1.50%
LIBOR [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest	2.00%
New Tranche C Term Loan [Member]
Line of Credit Facility [Line Items]
Long-term Debt, Gross		$ 1,881,000,000		$ 1,881,000,000		1,895,000,000	1,900,000,000
New Tranche C Term Loan [Member] | Base Rate [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest				2.75%
New Tranche C Term Loan [Member] | LIBOR [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest				3.75%
New Tranche C Term Loan [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		1.00%		1.00%
New Tranche B Term Loan [Member]
Line of Credit Facility [Line Items]
Long-term Debt, Gross		$ 693,000,000		$ 693,000,000		$ 698,000,000	700,000,000
New Tranche B Term Loan [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term Debt, Gross							$ 700,000,000
New Tranche B Term Loan [Member] | Base Rate [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest				2.00%
New Tranche B Term Loan [Member] | LIBOR [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt facilities term loans bear interest				3.00%
New Tranche B Term Loan [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		1.00%		1.00%

Debt - Amortization of Fair Val

Debt - Amortization of Fair Value Adjustment (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Debt Disclosure [Abstract]
Amortization of Financing Costs and Discounts	$ 1	$ 1	$ 2	$ 2
Amortization of Debt Discount (Premium)	0	0	1	0
Amortization of Financing Costs	0	0	0	7
Interest expense associated with amortization of fair value adjustment and original issue discount	$ 1	$ 1	$ 3	$ 9

Debt - Components of Long-Term

Debt - Components of Long-Term Debt (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Apr. 15, 2014
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount	$ 40		$ 40		$ 34
Long-term Line of Credit	335		335		0
Extinguishment of debt cost	0	$ 0	0	$ (24)
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums	(9)		(9)		(10)
Other debt, primarily foreign instruments	119		119		107
Total other long-term debts	3,019		3,019		2,690
Less: short-term debt, including current maturities of long-term debt	(141)		(141)		(127)
Total long-term debt	2,878		2,878		2,563
New Tranche B Term Loan [Member]
Debt Instrument [Line Items]
Debt Facilities	693		693		698	$ 700
New Tranche C Term Loan [Member]
Debt Instrument [Line Items]
Debt Facilities	$ 1,881		$ 1,881		$ 1,895	1,900
New Tranche C Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Term			84 months
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums						$ 9

Debt - Estimated Fair Value of

Debt - Estimated Fair Value of Company's Debt Facilities (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Debt Facilities, Estimated Fair Value (Level 1)	$ 2,468	$ 2,571
Debt Facilities, Carrying Value in Excess of Fair Value	$ (97)	$ (12)

Pensions and Other Postemploy78

Pensions and Other Postemployment Benefits - Net Periodic Benefit Cost (Credit) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Pension Benefits [Member] | United States Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 2	$ 2
Interest cost	12	13	36	39
Expected return on plan assets	(15)	(15)	(44)	(46)
Amortization of actuarial loss	3	1	8	3
Amortization of prior service credit	0	0	0	0
Net periodic benefit cost (credit)	0	(1)	2	(2)
Pension Benefits [Member] | Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	3	12	9
Interest cost	4	4	8	12
Expected return on plan assets	0	(1)	(1)	(2)
Amortization of actuarial loss	2	1	8	4
Amortization of prior service credit	0	0	0	0
Net periodic benefit cost (credit)	10	7	27	23
Other Postretirement Benefit Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0	0
Interest cost	3	4	10	12
Expected return on plan assets	0	0	0	0
Amortization of actuarial loss	2	1	4	2
Amortization of prior service credit	(1)	(2)	(3)	(4)
Net periodic benefit cost (credit)	$ 4	$ 3	$ 11	$ 10

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income tax expense	$ (9)	$ (15)	$ (32)	$ (48)
Income (loss) from continuing operations before income taxes	$ (53)	$ (2)	$ (23)	$ 69
Percentage Of Tax Benefit Tax Allocation Agreement			20.00%
Percentage Of Tax Benefit Tax Allocation Agreement Carryforward			80.00%

Commitments and Contingencies -

Commitments and Contingencies - Total Environmental Liabilities (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Other current liabilities	$ 7	$ 6
Other accrued liabilities (noncurrent)	9	9
Total	$ 16	$ 15

Commitments and Contingencies81

Commitments and Contingencies - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Majority Shareholder Ownership Percentage Minimum	80.00%
Environmental liabilities estimated remediation costs	$ 44
Underfunded Pension Obligation If Pension Plans Voluntarily Terminated By Affiliate	$ 104

Commitments and Contingencies82

Commitments and Contingencies - Liabilities for Asset Retirement Obligation (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Other current liabilities	$ 2	$ 3
Other accrued liabilities (noncurrent)	17	21
Total Liabilities	$ 19	$ 24

Changes in Accumulated Other 83

Changes in Accumulated Other Comprehensive Loss by Component (Net of Tax) - Changes in AOCI By Components (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ (1,142)
Other comprehensive (loss) income before reclassifications			(175)
Other Comprehensive Income Defined Benefit Pension And Other Postretirement Benefits Gain Loss Arising During Period Net Of Tax	$ 0	$ 7	11	$ 7
Amounts reclassified from AOCL			19
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent	2	0	2	(1)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent			2
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	1	$ 1	2	$ 2
Other comprehensive (loss) income			(154)
Ending balance	(1,296)		(1,296)
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(482)
Other comprehensive (loss) income before reclassifications			(183)
Amounts reclassified from AOCL			0
Other comprehensive (loss) income			(183)
Ending balance	(665)		(665)
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(17)
Other comprehensive (loss) income before reclassifications			(3)
Other comprehensive (loss) income			(1)
Ending balance	(18)		(18)
Post- employment Benefits [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(643)
Amounts reclassified from AOCL			(17)
Other comprehensive (loss) income			30
Ending balance	$ (613)		$ (613)

Reclassifications out of Accu84

Reclassifications out of Accumulated Other Comprehensive Loss - Reclassification of Accumulated Other Comprehensive Loss to Net Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold	$ (1,561)	$ (1,609)	$ (4,817)	$ (4,689)
Total	(53)	(2)	(23)	69
Income tax expense	(9)	(15)	(32)	(48)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications, Net of tax	(7)	(1)	(19)	(5)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total	(1)	1	(2)	(2)
Income tax expense	0	(1)	0	(1)
Total reclassifications, Net of tax	(1)	0	(2)	(1)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Foreign Currency Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold	0	0	0	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Commodity Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold	1	(1)	2	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Post- employment Benefits [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total	(6)	(1)	(17)	(5)
Income tax expense	0	0	0	(1)
Total reclassifications, Net of tax	(6)	(1)	(17)	(4)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Amortization of Prior Service Credits [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold and Selling, general and administrative expenses (SG&A)	(1)	(2)	(3)	(4)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Amortization of Actuarial Losses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold and Selling, general and administrative expenses (SG&A)	$ (7)	$ (3)	$ (20)	$ (9)

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Company Stock Appreciation Rights (SARs) Activity (Detail) - shares	Sep. 30, 2015	Dec. 31, 2014
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	609,000	796,000

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - Stock Appreciation Rights [Member] - USD ($) $ in Millions	1 Months Ended			3 Months Ended		9 Months Ended
	Feb. 29, 2012	Feb. 28, 2011	Feb. 28, 2010	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, SARs	809,000	1,043,000	437,000
Percentage of SARs vested immediately upon grant	25.00%	25.00%
Percentage of SAR's vesting annually	25.00%	25.00%	33.30%
SAR award vesting period	3 years	3 years	3 years
Expected life of awards				5 years
Share based compensation income					$ 2	$ 1	$ 4

Income (Loss) Per Common Shar87

Income (Loss) Per Common Share - Basic and Diluted Income (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Income (Loss) from Continuing Operations Attributable to Parent	$ (63)	$ (18)	$ (59)	$ 17
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	0	0	7	0
Net Income (Loss) Attributable to Parent	$ (63)	$ (18)	$ (52)	$ 17
Weighted average shares outstanding, diluted	169	150	163.2	150
Earnings Per Share, Basic and Diluted [Abstract]
Earnings Per Share, Basic and Diluted	$ (0.37)	$ (0.12)	$ (0.32)	$ 0.11

Income (Loss) Per Common Shar88

Income (Loss) Per Common Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2014	Mar. 26, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
increase in common shares outstanding				19,011,407
Entity Common Stock, Shares Outstanding	169,040,651
Common stock, shares outstanding					150,029,244
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares not included in the computation of diluted earnings per share	6,951,871	6,951,871	6,951,871

Operations by Reporting Segme89

Operations by Reporting Segment - Summary of Net Sales, Cost of Products Sold and Gross Margin Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Net sales	$ 1,824	$ 1,871	$ 5,621	$ 5,522
Cost of products sold	(1,561)	(1,609)	(4,817)	(4,689)
Gross profit	263	262	804	833
Reporting Segment One [Member]
Segment Reporting Information [Line Items]
Net sales	1,079	1,091	3,384	3,391
Cost of products sold	(955)	(963)	(2,978)	(2,966)
Gross profit	124	128	406	425
Reporting Segment Two [Member]
Segment Reporting Information [Line Items]
Net sales	817	859	2,461	2,369
Cost of products sold	(678)	(725)	(2,063)	(1,961)
Gross profit	139	134	398	408
Inter-segment eliminations [Member]
Segment Reporting Information [Line Items]
Net sales	(72)	(79)	(224)	(238)
Cost of products sold	72	79	224	238
Gross profit	0	0	0	0
Total Reporting Segment [Member]
Segment Reporting Information [Line Items]
Net sales	1,824	1,871	5,621	5,522
Cost of products sold	(1,561)	(1,609)	(4,817)	(4,689)
Gross profit	$ 263	$ 262	$ 804	$ 833

Operations by Reporting Segme90

Operations by Reporting Segment - Summary of Net Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Operational EBITDA	$ 153	$ 152	$ 473	$ 506
Depreciation and amortization			(254)	(251)
Interest expense, net	(36)	(34)	(103)	(87)
Restructuring expense	18	25	57	63
Gain (Loss) on Disposition of Business	0	0	(11)	0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	0	0	7	0
Acquisition and purchase accounting costs	(1)	(9)	(7)	(14)
Segmentation Costs	1	1	3	1
Loss on debt extinguishment	0	0	0	(24)
Non-service cost components associated with U.S. based funded pension plans	1	2	1	5
Adjustment of assets to fair value	(62)	(1)	(60)	(3)
Stock appreciation rights	0	2	1	4
Headquarters relocation costs	0	(2)	0	(4)
Income tax expense	(9)	(15)	(32)	(48)
Other	(1)	2	(3)	1
Net (loss) income	(62)	(17)	(48)	21
Continuing Operations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Depreciation and amortization	(88)	(88)	(254)	(251)
Powertrain [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Operational EBITDA	97	104	321	338
Vehicle Components Solutions [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Operational EBITDA	$ 56	$ 48	$ 152	$ 168

Operations by Reporting Segme91

Operations by Reporting Segment - Summary of Total Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total Assets	$ 7,453	$ 7,067
Powertrain [Member]
Segment Reporting Information [Line Items]
Total Assets	4,007	3,485
Reporting Segment Two [Member]
Segment Reporting Information [Line Items]
Total Assets	3,315	3,355
Total Reporting Segment [Member]
Segment Reporting Information [Line Items]
Total Assets	7,322	6,840
Corporate [Member]
Segment Reporting Information [Line Items]
Total Assets	$ 131	$ 227

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ in Millions	Jul. 07, 2015	Feb. 06, 2015	Sep. 30, 2015
Subsequent Event [Line Items]
Effect on Future Cash Flows, Amount			$ 15
TRW Automotive, Inc [Member]
Subsequent Event [Line Items]
Acquisition Costs, Period Cost	$ 56	$ 309