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REPORTING SEGMENTS AND RELATED INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Schedule of net sales by reporting segment | The following tables show segment information and Segment Adjusted EBIT for the Company’s reporting segments: Net Sales by Reporting Segment
| Three Months Ended March 31, |  |
(in millions) | 2021 |  | 2020 |  |  |  |
Air Management | $ | 2,011 |  |  | $ | 1,434 |  |  |  |  |
e-Propulsion & Drivetrain | 1,466 |  |  | 860 |  |  |  |  |
Fuel Injection | 475 |  |  | — |  |  |  |  |
Aftermarket | 197 |  |  | — |  |  |  |  |
Inter-segment eliminations | (140) |  |  | (15) |  |  |  |  |
Net sales | $ | 4,009 |  |  | $ | 2,279 |  |  |  |  |
Schedule of segment earnings before interest and income taxes | Segment Adjusted EBIT
| Three Months Ended March 31, |  |
(in millions) | 2021 |  | 2020 |  |  |  |
Air Management | $ | 322 |  |  | $ | 208 |  |  |  |  |
e-Propulsion & Drivetrain | 137 |  |  | 63 |  |  |  |  |
Fuel Injection | 33 |  |  | — |  |  |  |  |
Aftermarket | 21 |  |  | — |  |  |  |  |
Segment Adjusted EBIT | 513 |  |  | 271 |  |  |  |  |
Corporate, including stock-based compensation | 69 |  |  | 37 |  |  |  |  |
Restructuring expense | 30 |  |  | 15 |  |  |  |  |
Merger, acquisition and divestiture expense | 13 |  |  | 21 |  |  |  |  |
Net gain on insurance recovery for property damage | (2) |  |  | — |  |  |  |  |
Equity in affiliates’ earnings, net of tax | (12) |  |  | (5) |  |  |  |  |
Unrealized loss on equity securities | 272 |  |  | 9 |  |  |  |  |
Interest income | (3) |  |  | (2) |  |  |  |  |
Interest expense | 21 |  |  | 12 |  |  |  |  |
Other postretirement income | (11) |  |  | (2) |  |  |  |  |
Earnings before income taxes and noncontrolling interest | 136 |  |  | 186 |  |  |  |  |
Provision for income taxes | 42 |  |  | 49 |  |  |  |  |
Net earnings | 94 |  |  | 137 |  |  |  |  |
Net earnings attributable to noncontrolling interest, net of tax | 29 |  |  | 8 |  |  |  |  |
Net earnings attributable to BorgWarner Inc. | $ | 65 |  |  | $ | 129 |  |  |  |  |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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