XML 34 R24.htm IDEA: XBRL DOCUMENT v3.21.1

STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2021

Stockholders' Equity Note [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

The changes of the Stockholders’ Equity items during the three months ended March 31, 2021 and 2020, are as follows:

			BorgWarner Inc. stockholders' equity
(in millions)			Issued common stock						Capital in excess of par value						Treasury stock						Retained earnings						Accumulated other comprehensive income (loss)						Noncontrolling interests
Balance, December 31, 2020			$	3					$	2,614					$	(1,834)					$	6,296					$	(651)					$	296
Dividends declared ($0.17 per share*)			—						—						—						(40)						—						(33)
Net issuance for executive stock plan			—						(2)						3						—						—						—
Net issuance of restricted stock			—						(23)						21						—						—						—
Net earnings			—						—						—						65						—						29
Other comprehensive loss			—						—						—						—						(85)						(5)
Balance, March 31, 2021			$	3					$	2,589					$	(1,810)					$	6,321					$	(736)					$	287

			BorgWarner Inc. stockholders' equity
(in millions)			Issued common stock						Capital in excess of par value						Treasury stock						Retained earnings						Accumulated other comprehensive income (loss)						Noncontrolling interests
Balance, December 31, 2019			$	3					$	1,145					$	(1,657)					$	5,942					$	(727)					$	138
Dividends declared ($0.17 per share*)			—						—						—						(35)						—						(3)
Net issuance for executive stock plan			—						(16)						12						—						—						—
Net issuance of restricted stock			—						(20)						22						—						—						—
Net earnings			—						—						—						129						—						8
Other comprehensive loss			—						—						—						—						(74)						(3)
Balance, March 31, 2020			$	3					$	1,109					$	(1,623)					$	6,036					$	(801)					$	140

____________________________________

* The dividends declared relate to BorgWarner common stock.

X

- References

No definition available.

+ Details

Name:	us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

+ Details

Name:	us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration