10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000908255-23-000051 |
| Period End Date | 20230930 |
| Filing Date | 20231102 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | bwa-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$1.07B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$949.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$1.08B | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$2.47B | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$3.35B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$1.33B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$1.22B | USD | Point-in-time |
| Prepayments and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$272.00M | USD | Point-in-time |
| Prepayments and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$230.00M | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
- | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$1.62B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.90B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.62B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$3.57B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$3.43B | USD | Point-in-time |
| Investments and long-term receivables |
LongTermInvestmentsAndReceivablesNet
|
$819.00M | USD | Point-in-time |
| Investments and long-term receivables |
LongTermInvestmentsAndReceivablesNet
|
$624.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.98B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.94B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$619.00M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$557.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$489.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$518.00M | USD | Point-in-time |
| Non-current assets of discontinued operations |
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
- | USD | Point-in-time |
| Non-current assets of discontinued operations |
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
$2.05B | USD | Point-in-time |
| Total assets |
Assets
|
$14.10B | USD | Point-in-time |
| Total assets |
Assets
|
$16.99B | USD | Point-in-time |
| Notes payable and other short-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$60.00M | USD | Point-in-time |
| Notes payable and other short-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$63.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$2.15B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$2.40B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.08B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.11B | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$946.00M | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
- | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.24B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.57B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$3.67B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$4.14B | USD | Point-in-time |
| Retirement-related liabilities |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$129.00M | USD | Point-in-time |
| Retirement-related liabilities |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$129.00M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$730.00M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$686.00M | USD | Point-in-time |
| Non-current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
- | USD | Point-in-time |
| Non-current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$295.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.49B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$8.10B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$3.00M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$3.00M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapital
|
$2.67B | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapital
|
$2.68B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$6.01B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$7.45B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-915.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-876.00M | USD | Point-in-time |
| Common stock held in treasury, at cost |
TreasuryStockCommonValue
|
$2.03B | USD | Point-in-time |
| Common stock held in treasury, at cost |
TreasuryStockCommonValue
|
$2.01B | USD | Point-in-time |
| Total BorgWarner Inc. stockholders equity |
StockholdersEquity
|
$5.77B | USD | Point-in-time |
| Total BorgWarner Inc. stockholders equity |
StockholdersEquity
|
$7.22B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$239.00M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$284.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.01B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.51B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$16.99B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$14.10B | USD | Point-in-time |
Income Statement
112 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$10.68B | USD | 3 Qtrs |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.62B | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.23B | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$9.32B | USD | 3 Qtrs |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$8.77B | USD | 3 Qtrs |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$7.59B | USD | 3 Qtrs |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$2.97B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$2.62B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.73B | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$652.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$607.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.91B | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$330.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$951.00M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$963.00M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$325.00M | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
$42.00M | USD | 3 Qtrs |
| Restructuring expense |
RestructuringCharges
|
$68.00M | USD | 3 Qtrs |
| Restructuring expense |
RestructuringCharges
|
$56.00M | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
$5.00M | USD | 1 Quarter |
| Other operating (income) expense, net |
OtherOperatingIncomeExpenseNet
|
$7.00M | USD | 3 Qtrs |
| Other operating (income) expense, net |
OtherOperatingIncomeExpenseNet
|
$1.00M | USD | 3 Qtrs |
| Other operating (income) expense, net |
OtherOperatingIncomeExpenseNet
|
$6.00M | USD | 1 Quarter |
| Other operating (income) expense, net |
OtherOperatingIncomeExpenseNet
|
$-12.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$272.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$879.00M | USD | 3 Qtrs |
| Operating income |
OperatingIncomeLoss
|
$265.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$744.00M | USD | 3 Qtrs |
| Equity in affiliates earnings, net of tax |
IncomeLossFromEquityMethodInvestments
|
$23.00M | USD | 3 Qtrs |
| Equity in affiliates earnings, net of tax |
IncomeLossFromEquityMethodInvestments
|
$5.00M | USD | 1 Quarter |
| Equity in affiliates earnings, net of tax |
IncomeLossFromEquityMethodInvestments
|
$21.00M | USD | 3 Qtrs |
| Equity in affiliates earnings, net of tax |
IncomeLossFromEquityMethodInvestments
|
$10.00M | USD | 1 Quarter |
| Realized and unrealized loss (gain) on debt and equity securities |
DebtAndEquitySecuritiesGainLoss
|
$1.00M | USD | 1 Quarter |
| Realized and unrealized loss (gain) on debt and equity securities |
DebtAndEquitySecuritiesGainLoss
|
$-60.00M | USD | 1 Quarter |
| Realized and unrealized loss (gain) on debt and equity securities |
DebtAndEquitySecuritiesGainLoss
|
$-27.00M | USD | 3 Qtrs |
| Realized and unrealized loss (gain) on debt and equity securities |
DebtAndEquitySecuritiesGainLoss
|
$-129.00M | USD | 3 Qtrs |
| Interest (income) expense, net |
InterestIncomeExpenseNet
|
$-12.00M | USD | 1 Quarter |
| Interest (income) expense, net |
InterestIncomeExpenseNet
|
$-3.00M | USD | 3 Qtrs |
| Interest (income) expense, net |
InterestIncomeExpenseNet
|
$19.00M | USD | 1 Quarter |
| Interest (income) expense, net |
InterestIncomeExpenseNet
|
$-41.00M | USD | 3 Qtrs |
| Other postretirement expense (income) |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$8.00M | USD | 3 Qtrs |
| Other postretirement expense (income) |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-2.00M | USD | 3 Qtrs |
| Other postretirement expense (income) |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$3.00M | USD | 1 Quarter |
| Other postretirement expense (income) |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-1.00M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$260.00M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$238.00M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$762.00M | USD | 3 Qtrs |
| Earnings from continuing operations before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$699.00M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$68.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$230.00M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$177.00M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$133.00M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$192.00M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$105.00M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$522.00M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$532.00M | USD | 3 Qtrs |
| Net (loss) earnings from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-37.00M | USD | 1 Quarter |
| Net (loss) earnings from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$225.00M | USD | 3 Qtrs |
| Net (loss) earnings from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$100.00M | USD | 1 Quarter |
| Net (loss) earnings from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-12.00M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$292.00M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$520.00M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$747.00M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$68.00M | USD | 1 Quarter |
| Net earnings from continuing operations attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$19.00M | USD | 1 Quarter |
| Net earnings from continuing operations attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$49.00M | USD | 3 Qtrs |
| Net earnings from continuing operations attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$58.00M | USD | 3 Qtrs |
| Net earnings from continuing operations attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$18.00M | USD | 1 Quarter |
| Net earnings from discontinued operations attributable to noncontrolling interest, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 3 Qtrs |
| Net earnings from discontinued operations attributable to noncontrolling interest, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net earnings from discontinued operations attributable to noncontrolling interest, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net earnings from discontinued operations attributable to noncontrolling interest, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 3 Qtrs |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$471.00M | USD | 3 Qtrs |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$50.00M | USD | 1 Quarter |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$273.00M | USD | 1 Quarter |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$689.00M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperations
|
$87.00M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperations
|
$483.00M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperations
|
$464.00M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperations
|
$173.00M | USD | 1 Quarter |
| Earnings per share from continuing operations basic (in dollar per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.74 | USD | 1 Quarter |
| Earnings per share from continuing operations basic (in dollar per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.07 | USD | 3 Qtrs |
| Earnings per share from continuing operations basic (in dollar per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.37 | USD | 1 Quarter |
| Earnings per share from continuing operations basic (in dollar per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.96 | USD | 3 Qtrs |
| Earnings per share from discontinued operations basic (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$0.95 | USD | 3 Qtrs |
| Earnings per share from discontinued operations basic (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.05 | USD | 3 Qtrs |
| Earnings per share from discontinued operations basic (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$0.43 | USD | 1 Quarter |
| Earnings per share from discontinued operations basic (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.16 | USD | 1 Quarter |
| Earnings per share attributable to BorgWarner Inc. basic (in dollar per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Earnings per share attributable to BorgWarner Inc. basic (in dollar per share) |
EarningsPerShareBasic
|
$1.17 | USD | 1 Quarter |
| Earnings per share attributable to BorgWarner Inc. basic (in dollar per share) |
EarningsPerShareBasic
|
$2.91 | USD | 3 Qtrs |
| Earnings per share attributable to BorgWarner Inc. basic (in dollar per share) |
EarningsPerShareBasic
|
$2.02 | USD | 3 Qtrs |
| Earnings per share from continuing operations diluted (in dollar per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.37 | USD | 1 Quarter |
| Earnings per share from continuing operations diluted (in dollar per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$1.95 | USD | 3 Qtrs |
| Earnings per share from continuing operations diluted (in dollar per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.06 | USD | 3 Qtrs |
| Earnings per share from continuing operations diluted (in dollar per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.73 | USD | 1 Quarter |
| Earnings per share from discontinued operations diluted (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$0.42 | USD | 1 Quarter |
| Earnings per share from discontinued operations diluted (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.05 | USD | 3 Qtrs |
| Earnings per share from discontinued operations diluted (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$0.95 | USD | 3 Qtrs |
| Earnings per share from discontinued operations diluted (in dollar per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.16 | USD | 1 Quarter |
| Earnings per share attributable to BorgWarner Inc. diluted (in dollar per share) |
EarningsPerShareDiluted
|
$2.01 | USD | 3 Qtrs |
| Earnings per share attributable to BorgWarner Inc. diluted (in dollar per share) |
EarningsPerShareDiluted
|
$2.90 | USD | 3 Qtrs |
| Earnings per share attributable to BorgWarner Inc. diluted (in dollar per share) |
EarningsPerShareDiluted
|
$0.21 | USD | 1 Quarter |
| Earnings per share attributable to BorgWarner Inc. diluted (in dollar per share) |
EarningsPerShareDiluted
|
$1.15 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
234.30M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
233.40M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
236.50M | shares | 3 Qtrs |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
233.20M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
235.30M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
237.50M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
234.60M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
235.60M | shares | 1 Quarter |
Cash Flow Statement
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities of continuing operations (see Note 23) |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$510.00M | USD | 3 Qtrs |
| Net cash provided by operating activities of continuing operations (see Note 23) |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$552.00M | USD | 3 Qtrs |
| Capital expenditures, including tooling outlays |
PaymentsToAcquireProductiveAssets
|
$427.00M | USD | 3 Qtrs |
| Capital expenditures, including tooling outlays |
PaymentsToAcquireProductiveAssets
|
$624.00M | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$288.00M | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$31.00M | USD | 3 Qtrs |
| Proceeds from settlement of net investment hedges, net |
ProceedsFromHedgeInvestingActivities
|
$40.00M | USD | 3 Qtrs |
| Proceeds from settlement of net investment hedges, net |
ProceedsFromHedgeInvestingActivities
|
$25.00M | USD | 3 Qtrs |
| Proceeds from investments in debt and equity securities, net |
PaymentsForProceedsFromInvestments
|
$-27.00M | USD | 3 Qtrs |
| Proceeds from investments in debt and equity securities, net |
PaymentsForProceedsFromInvestments
|
$-63.00M | USD | 3 Qtrs |
| Proceeds from the sale of business, net |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
- | USD | 3 Qtrs |
| Proceeds from the sale of business, net |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
$25.00M | USD | 3 Qtrs |
| Proceeds from asset disposals and other, net |
ProceedsFromSaleOfProductiveAssets
|
$16.00M | USD | 3 Qtrs |
| Proceeds from asset disposals and other, net |
ProceedsFromSaleOfProductiveAssets
|
$29.00M | USD | 3 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-538.00M | USD | 3 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-607.00M | USD | 3 Qtrs |
| Net increase in notes payable |
ProceedsFromRepaymentsOfNotesPayable
|
- | USD | 3 Qtrs |
| Net increase in notes payable |
ProceedsFromRepaymentsOfNotesPayable
|
$3.00M | USD | 3 Qtrs |
| Additions to debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.00M | USD | 3 Qtrs |
| Additions to debt |
ProceedsFromIssuanceOfLongTermDebt
|
$4.00M | USD | 3 Qtrs |
| Payments for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 3 Qtrs |
| Payments for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$3.00M | USD | 3 Qtrs |
| Repayments of debt, including current portion |
RepaymentsOfLongTermDebt
|
$9.00M | USD | 3 Qtrs |
| Repayments of debt, including current portion |
RepaymentsOfLongTermDebt
|
$444.00M | USD | 3 Qtrs |
| Payments for purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 3 Qtrs |
| Payments for purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$240.00M | USD | 3 Qtrs |
| Payments for stock-based compensation items |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$25.00M | USD | 3 Qtrs |
| Payments for stock-based compensation items |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$18.00M | USD | 3 Qtrs |
| Payments for contingent consideration |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
- | USD | 3 Qtrs |
| Payments for contingent consideration |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$23.00M | USD | 3 Qtrs |
| Purchase of noncontrolling interest |
PaymentsToMinorityShareholders
|
$56.00M | USD | 3 Qtrs |
| Purchase of noncontrolling interest |
PaymentsToMinorityShareholders
|
$15.00M | USD | 3 Qtrs |
| Net distribution from PHINIA |
ProceedsFromNetDistribution
|
$401.00M | USD | 3 Qtrs |
| Net distribution from PHINIA |
ProceedsFromNetDistribution
|
- | USD | 3 Qtrs |
| Dividends paid to BorgWarner stockholders |
PaymentsOfDividendsCommonStock
|
$121.00M | USD | 3 Qtrs |
| Dividends paid to BorgWarner stockholders |
PaymentsOfDividendsCommonStock
|
$105.00M | USD | 3 Qtrs |
| Dividends paid to noncontrolling stockholders |
PaymentsOfDividendsMinorityInterest
|
$48.00M | USD | 3 Qtrs |
| Dividends paid to noncontrolling stockholders |
PaymentsOfDividendsMinorityInterest
|
$71.00M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-490.00M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-278.00M | USD | 3 Qtrs |
| Operating activities of discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$127.00M | USD | 3 Qtrs |
| Operating activities of discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-66.00M | USD | 3 Qtrs |
| Investing activities of discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-86.00M | USD | 3 Qtrs |
| Investing activities of discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-79.00M | USD | 3 Qtrs |
| Financing activities of discontinued operations |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$84.00M | USD | 3 Qtrs |
| Financing activities of discontinued operations |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-3.00M | USD | 3 Qtrs |
| Net cash (used in) provided by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-68.00M | USD | 3 Qtrs |
| Net cash (used in) provided by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$45.00M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-15.00M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-103.00M | USD | 3 Qtrs |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-389.00M | USD | 3 Qtrs |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-603.00M | USD | 3 Qtrs |
| Cash, cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$949.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.84B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.24B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.34B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$949.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.84B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.24B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.34B | USD | Point-in-time |
| Less: Cash, cash equivalents and restricted cash of discontinued operations at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
- | USD | Point-in-time |
| Less: Cash, cash equivalents and restricted cash of discontinued operations at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
$172.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash of continuing operations at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$1.07B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash of continuing operations at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$949.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash of continuing operations at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
$1.08B | USD | Point-in-time |
Comprehensive Income
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$471.00M | USD | 3 Qtrs |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$50.00M | USD | 1 Quarter |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$273.00M | USD | 1 Quarter |
| Net earnings attributable to BorgWarner Inc. |
NetIncomeLoss
|
$689.00M | USD | 3 Qtrs |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-72.00M | USD | 3 Qtrs |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-16.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-274.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-554.00M | USD | 3 Qtrs |
| Hedge instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$26.00M | USD | 3 Qtrs |
| Hedge instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$8.00M | USD | 1 Quarter |
| Hedge instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-12.00M | USD | 1 Quarter |
| Hedge instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$13.00M | USD | 3 Qtrs |
| Defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-11.00M | USD | 1 Quarter |
| Defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.00M | USD | 1 Quarter |
| Defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-14.00M | USD | 3 Qtrs |
| Defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-7.00M | USD | 3 Qtrs |
| Total other comprehensive loss attributable to BorgWarner Inc. |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-39.00M | USD | 3 Qtrs |
| Total other comprehensive loss attributable to BorgWarner Inc. |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-527.00M | USD | 3 Qtrs |
| Total other comprehensive loss attributable to BorgWarner Inc. |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-17.00M | USD | 1 Quarter |
| Total other comprehensive loss attributable to BorgWarner Inc. |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-262.00M | USD | 1 Quarter |
| Comprehensive income attributable to BorgWarner Inc |
ComprehensiveIncomeNetOfTax
|
$432.00M | USD | 3 Qtrs |
| Comprehensive income attributable to BorgWarner Inc |
ComprehensiveIncomeNetOfTax
|
$162.00M | USD | 3 Qtrs |
| Comprehensive income attributable to BorgWarner Inc |
ComprehensiveIncomeNetOfTax
|
$33.00M | USD | 1 Quarter |
| Comprehensive income attributable to BorgWarner Inc |
ComprehensiveIncomeNetOfTax
|
$11.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$19.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$49.00M | USD | 3 Qtrs |
| Net income attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$58.00M | USD | 3 Qtrs |
| Net income attributable to noncontrolling interest, net of tax |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$18.00M | USD | 1 Quarter |
| Other comprehensive loss attributable to noncontrolling interest |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$-18.00M | USD | 3 Qtrs |
| Other comprehensive loss attributable to noncontrolling interest |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$-42.00M | USD | 3 Qtrs |
| Other comprehensive loss attributable to noncontrolling interest |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$-24.00M | USD | 1 Quarter |
| Other comprehensive loss attributable to noncontrolling interest |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$-4.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$463.00M | USD | 3 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$6.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$47.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$178.00M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.