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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay-Versus-Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information about our approach to rewarding our NEOs in a “pay for performance” manner for accomplishment of pre-defined business goals and objectives, refer to the Compensation Discussion and Analysis section of this Proxy Statement.
2022 Pay Versus Performance Table
​ ​ ​ ​ ​ ​
Summary
Compensation
Table Total
for PEO1
​ ​ ​
Compensation
Actually
Paid to PEO2
​ ​ ​
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs3
​ ​ ​
Average
Compensation
Actually Paid
to Non-PEO
NEOs4
​ ​ ​
Value of Initial
Fixed $100 Investment
Based On:
​ ​ ​
Net Income
(millions)7
​ ​ ​
EPS8
​ ​
​ ​
Year
​ ​ ​
Total
Shareholder
Return5
​ ​ ​
Peer Group
Total
Shareholder
Return6
​ ​
​ ​
(a)
​ ​ ​
(b)
​ ​ ​
(c)
​ ​ ​
(d)
​ ​ ​
(e)
​ ​ ​
(f)
​ ​ ​
(g)
​ ​ ​
(h)
​ ​ ​
(i)
​ ​
​ ​
2022
​ ​ ​ ​ $ 11,685,472 ​ ​ ​ ​ ​ $ 14,962,045 ​ ​ ​ ​ ​ $ 2,629,586 ​ ​ ​ ​ ​ $ 3,049,534 ​ ​ ​ ​ ​ $ 131 ​ ​ ​ ​ ​ $ 133 ​ ​ ​ ​ ​ $ 633 ​ ​ ​ ​ ​ $ 4.86 ​ ​ ​
​ ​
2021
​ ​ ​ ​ $ 11,027,238 ​ ​ ​ ​ ​ $ 15,961,883 ​ ​ ​ ​ ​ $ 3,806,454 ​ ​ ​ ​ ​ $ 3,565,170 ​ ​ ​ ​ ​ $ 120 ​ ​ ​ ​ ​ $ 150 ​ ​ ​ ​ ​ $ 558 ​ ​ ​ ​ ​ $ 4.26 ​ ​ ​
​ ​
2020
​ ​ ​ ​ $ 11,044,419 ​ ​ ​ ​ ​ $ 9,083,133 ​ ​ ​ ​ ​ $ 2,847,857 ​ ​ ​ ​ ​ $ 1,487,328 ​ ​ ​ ​ ​ $ 95 ​ ​ ​ ​ ​ $ 120 ​ ​ ​ ​ ​ $ 414 ​ ​ ​ ​ ​ $ 3.79 ​ ​ ​
​
1
The dollar amounts reported in column (b) are the amounts of total compensation reported for Rafael Santana (our Principal Executive Officer ”PEO“) for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation—Executive Compensation Tables—Summary Compensation Table.”
​
2
The dollar amounts reported in column (c) represent the amount of  “compensation actually paid” to Mr. Santana, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Santana during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Santana’s total compensation for each year to determine the compensation actually paid:
​
​ ​
Year
​ ​ ​
Reported Summary
Compensation Table
Total for PEO
​ ​ ​
Reported
Value of Equity Awardsa
​ ​ ​
Equity
Award Adjustmentsb
​ ​ ​
Compensation
Actually Paid to PEO
​ ​
​ ​
2022
​ ​ ​ ​ $ 11,685,472 ​ ​ ​ ​ ​ $ (8,200,042) ​ ​ ​ ​ ​ $ 11,476,615 ​ ​ ​ ​ ​ $ 14,962,045 ​ ​ ​
​ ​
2021
​ ​ ​ ​ $ 11,027,238 ​ ​ ​ ​ ​ $ (7,201,548) ​ ​ ​ ​ ​ $ 12,136,193 ​ ​ ​ ​ ​ $ 15,961,883 ​ ​ ​
​ ​
2020
​ ​ ​ ​ $ 11,044,419 ​ ​ ​ ​ ​ $ (5,832,485) ​ ​ ​ ​ ​ $ 3,871,199 ​ ​ ​ ​ ​ $ 9,083,133 ​ ​ ​
​
(a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
​
(b)
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable
​
​ ​
Year
​ ​ ​
Year End
Fair Value
of Equity
Awards
​ ​ ​
Year over Year
Change in
Fair Value of
Outstanding
and
Unvested
Equity Awards
​ ​ ​
Fair Value
as of Vesting
Date of
Equity Awards
Granted
and Vested
in the Year
​ ​ ​
Year over Year
Change in
Fair Value of
Equity Awards
Granted in
Prior Years
that Vested
in the Year
​ ​ ​
Fair Value at
the End
of the Prior
Year of
Equity Awards
that Failed
to Meet
Vesting
Conditions
in the Year
​ ​ ​
Value of
Dividends
or other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected in
Fair Value
or Total
Compensation
​ ​ ​
Total
Equity
Award
Adjustments
​ ​
​ ​
2022
​ ​ ​ ​ $ 9,319,998 ​ ​ ​ ​ ​ $ 2,184,162 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ (70,543) ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 42,998 ​ ​ ​ ​ ​ $ 11,476,615 ​ ​ ​
​ ​
2021
​ ​ ​ ​ $ 9,065,366 ​ ​ ​ ​ ​ $ 2,976,341 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 61,792 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 32,696 ​ ​ ​ ​ ​ $ 12,136,195 ​ ​ ​
​ ​
2020
​ ​ ​ ​ $ 5,441,403 ​ ​ ​ ​ ​ $ (1,379,240) ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ (221,467) ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 30,502 ​ ​ ​ ​ ​ $ 3,871,198 ​ ​ ​
​
3
The dollar amounts reported in column (d) represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Santana, who has served as our CEO since July 2019) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Santana) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2022, John Olin, David L. DeNinno, Pascal Schweitzer, and Eric Gebhardt; (ii) for 2021, John Olin, David L. DeNinno, Pascal Schweitzer, Eric Gebhardt, and Patrick D. Dugan; and (iii) for 2020, Patrick D. Dugan, David L. DeNinno, Pascal Schweitzer, Nicole Theophilus, Albert J. Neupaver, and Scott E. Wahlstrom.
​
4
The dollar amounts reported in column (e) represent the average amount of  “compensation actually paid” to the NEOs as a group (excluding Mr. Santana), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Santana) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Santana) for each year to determine the compensation actually paid, using the same methodology described above in Note 2:
​
​ ​
Year
​ ​ ​
Average
Reported Summary
Compensation Table
Total for
Non-PEO NEOs
​ ​ ​
Average
Reported
Value of Equity
Awards
​ ​ ​
Average Equity
Award Adjustmentsa
​ ​ ​
Average
Compensation
Actually Paid to
Non-PEO NEOs
​ ​
​ ​
2022
​ ​ ​ ​ $ 2,629,586 ​ ​ ​ ​ ​ $ (1,250,011) ​ ​ ​ ​ ​ $ 1,669,960 ​ ​ ​ ​ ​ $ 3,049,535 ​ ​ ​
​ ​
2021
​ ​ ​ ​ $ 3,806,454 ​ ​ ​ ​ ​ $ (1,917,786) ​ ​ ​ ​ ​ $ 1,676,502 ​ ​ ​ ​ ​ $ 3,565,170 ​ ​ ​
​ ​
2020
​ ​ ​ ​ $ 2,847,857 ​ ​ ​ ​ ​ $ (1,531,362) ​ ​ ​ ​ ​ $ 170,833 ​ ​ ​ ​ ​ $ 1,487,328 ​ ​ ​
​
(a)
The amounts deducted or added in calculating the total average equity award adjustments are as follows:
​
​ ​
Year
​ ​ ​
Average
Year End Fair
Value of
Equity Awards
​ ​ ​
Year over
Year Average
Change in
Fair Value of
Outstanding
and
Unvested
Equity Awards
​ ​ ​
Average Fair
Value as
of Vesting
Date of
Equity Awards
Granted and
Vested in
the Year
​ ​ ​
Year over
Year Average
Change in Fair
Value
of Equity
Awards
Granted in
Prior Years
that Vested
in the Year
​ ​ ​
Average Fair
Value at the
End of the Prior
Year of Equity
Awards that
Failed to
Meet Vesting
Conditions
in the Year
​ ​ ​
Average Value
of Dividends
or other
Earnings Paid
on Stock or
Option Awards
not Otherwise
Reflected in
Fair Value
or Total
Compensation
​ ​ ​
Total
Average
Equity Award
Adjustments
​ ​
​ ​
2022
​ ​ ​ ​ $ 1,420,738 ​ ​ ​ ​ ​ $ 244,469 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 290 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 4,463 ​ ​ ​ ​ ​ $ 1,669,960 ​ ​ ​
​ ​
2021
​ ​ ​ ​ $ 1,016,773 ​ ​ ​ ​ ​ $ 373,430 ​ ​ ​ ​ ​ $ 175,446 ​ ​ ​ ​ ​ $ 104,296 ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 6,558 ​ ​ ​ ​ ​ $ 1,676,503 ​ ​ ​
​ ​
2020
​ ​ ​ ​ $ 1,409,472 ​ ​ ​ ​ ​ $ (905,176) ​ ​ ​ ​ ​ $ 55,683 ​ ​ ​ ​ ​ $ (399,355) ​ ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ $ 10,209 ​ ​ ​ ​ ​ $ 170,833 ​ ​ ​
​
5
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period.
​
6
Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is our peer group of manufacturing companies which consists of the following publicly traded companies: AGCO, AMETEK, Arconic, Borg Warner, CSX, Dover, Emerson Electric, Fortive, Greenbrier Companies, Illinois Tool Works, Ingersoll-Rand, Norfolk Southern, Oshkosh, Parker-Hannifin, Rockwell Automation, Terex, Textron, Trinity Industries, and Xylem.
​
7
The dollar amounts reported represent the amount of net income excluding non-controlling interest reflected in the Company’s audited financial statements for the applicable year.
​
8
EPS means our “adjusted earnings per diluted share” calculated as U.S. GAAP earnings per diluted share, adjusted for non-cash amortization expense and certain restructuring costs.
    
Company Selected Measure Name EPS    
Peer Group Issuers, Footnote [Text Block]
6
Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is our peer group of manufacturing companies which consists of the following publicly traded companies: AGCO, AMETEK, Arconic, Borg Warner, CSX, Dover, Emerson Electric, Fortive, Greenbrier Companies, Illinois Tool Works, Ingersoll-Rand, Norfolk Southern, Oshkosh, Parker-Hannifin, Rockwell Automation, Terex, Textron, Trinity Industries, and Xylem.
​
7
The dollar amounts reported represent the amount of net income excluding non-controlling interest reflected in the Company’s audited financial statements for the applicable year.
   
PEO Total Compensation Amount $ 11,685,472 $ 11,027,238 $ 11,044,419
PEO Actually Paid Compensation Amount 14,962,045 15,961,883 9,083,133
Non-PEO NEO Average Total Compensation Amount 2,629,586 3,806,454 2,847,857
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,049,534 3,565,170 1,487,328
Compensation Actually Paid vs. Net Income [Text Block]
[MISSING IMAGE: bc_actually-pn.jpg]
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
[MISSING IMAGE: bc_adjusted-pn.jpg]
   
Total Shareholder Return Vs Peer Group [Text Block]
[MISSING IMAGE: bc_compensation-pn.jpg]
   
Tabular List [Table Text Block]
Most Important Performance Measures for 2022
As described in greater detail in the Compensation Discussion and Analysis, the Company’s executive compensation program includes linking pay of our NEOs to Company, business unit and individual performance as a key objective. The metrics that the Company uses for both our annual cash incentive awards and for performance units that are part of our long-term incentive compensation awards are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our long-term stockholders.
For 2022, the most important financial performance measures used by the Company to link executive compensation actually paid to the NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:
•
EPS
​
•
Annual Cash Conversion
​
•
Cumulative Cash Conversion
​
•
Return on Invested Capital
​
•
TSR
    
Total Shareholder Return Amount $ 131 120 95
Peer Group Total Shareholder Return Amount 133 150 120
Net Income (Loss) $ 633,000,000 $ 558,000,000 $ 414,000,000
Company Selected Measure Amount 4.86 4.26 3.79
PEO Name Rafael Santana    
Additional 402(v) Disclosure [Text Block]
5
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period.
   
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,049,535 $ 3,565,170 $ 1,487,328
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name EPS    
Non-GAAP Measure Description [Text Block]
8
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Annual Cash Conversion    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Cumulative Cash Conversion    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Invested Capital    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name TSR    
Mr. Santana [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards $ (8,200,042) (7,201,548) (5,832,485)
Mr. Santana [Member] | Equity Award Adjustment [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 11,476,615 12,136,193 3,871,199
Mr. Santana [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 9,319,998 9,065,366 5,441,403
Mr. Santana [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,184,162 2,976,341 (1,379,240)
Mr. Santana [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (70,543) 61,792 (221,467)
Mr. Santana [Member] | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 42,998 32,696 30,502
Mr. Santana [Member] | Total Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 11,476,615 12,136,195 3,871,198
Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (1,250,011) (1,917,786) (1,531,362)
Non-PEO NEO [Member] | Equity Award Adjustment [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,669,960 1,676,502 170,833
Non-PEO NEO [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,420,738 1,016,773 1,409,472
Non-PEO NEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 244,469 373,430 (905,176)
Non-PEO NEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 290 104,296 (399,355)
Non-PEO NEO [Member] | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,463 6,558 10,209
Non-PEO NEO [Member] | Total Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 1,669,960 1,676,503 170,833
Non-PEO NEO [Member] | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   $ 175,446 $ 55,683