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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING    
Net cash provided by operating activities $ 342 $ 263
INVESTING    
Capital expenditures, including tooling outlays (195) (117)
Capital expenditures for damage to property, plant and equipment (2) 0
Proceeds from settlement of net investment hedges, net 11 1
Proceeds from asset disposal and other, net 1 (4)
Net cash used in investing activities (185) (120)
FINANCING    
Net increase in notes payable 7 0
Additions to debt 22 13
Payments for debt issuance costs (1) 0
Repayments of debt, including current portion (26) (14)
Payments for stock-based compensation items (13) (12)
Dividends paid to BorgWarner stockholders (40) (35)
Dividends paid to noncontrolling stockholders 0 (14)
Net cash used in financing activities (51) (62)
Effect of exchange rate changes on cash (1) (12)
Net increase in cash and cash equivalents 105 69
Cash and cash equivalents at beginning of year 1,650 832
Cash and cash equivalents at end of period $ 1,755 $ 901