XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.21.2

STOCKHOLDERS' EQUITY | 6 Months Ended
--- | ---
Jun. 30, 2021
Stockholders' Equity Note [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS' EQUITY The changes of the Stockholders’ Equity items during the three and six months ended June 30, 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, March 31, 2021 | $ | 3 |  |  | $ | 2,589 |  |  | $ | (1,810) |  |  | $ | 6,321 |  |  | $ | (736) |  |  | $ | 287 |
Dividends declared ($0.17 per share*) | — |  |  | — |  |  | — |  |  | (41) |  |  | — |  |  | (4) |
Net issuance for executive stock plan | — |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |
Acquisition of AKASOL | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 96 |
Purchase of noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (33) |
Net earnings | — |  |  | — |  |  | — |  |  | 247 |  |  | — |  |  | 27 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | 63 |  |  | — |
Balance, June 30, 2021 | $ | 3 |  |  | $ | 2,602 |  |  | $ | (1,810) |  |  | $ | 6,527 |  |  | $ | (673) |  |  | $ | 373 |
| 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, March 31, 2020 | $ | 3 |  |  | $ | 1,109 |  |  | $ | (1,623) |  |  | $ | 6,036 |  |  | $ | (801) |  |  | $ | 140 |
Dividends declared ($0.17 per share*) | — |  |  | — |  |  | — |  |  | (35) |  |  | — |  |  | (2) |
Net issuance of restricted stock | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings | — |  |  | — |  |  | — |  |  | (98) |  |  | — |  |  | 14 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | — |  |  | 14 |  |  | — |
Balance, June 30, 2020 | $ | 3 |  |  | $ | 1,115 |  |  | $ | (1,623) |  |  | $ | 5,903 |  |  | $ | (787) |  |  | $ | 152 |
| 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 ($0.34 per share*) | — |  |  | — |  |  | — |  |  | (81) |  |  | — |  |  | (37) |
Net issuance for executive stock plan | — |  |  | 1 |  |  | 3 |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | (13) |  |  | 21 |  |  | — |  |  | — |  |  | — |
Acquisition of AKASOL | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 96 |
Purchase of noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (33) |
Net earnings | — |  |  | — |  |  | — |  |  | 312 |  |  | — |  |  | 56 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (22) |  |  | (5) |
Balance, June 30, 2021 | $ | 3 |  |  | $ | 2,602 |  |  | $ | (1,810) |  |  | $ | 6,527 |  |  | $ | (673) |  |  | $ | 373 |
| 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 ($0.34 per share*) | — |  |  | — |  |  | — |  |  | (70) |  |  | — |  |  | (5) |
Net issuance for executive stock plan | — |  |  | (16) |  |  | 12 |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | (14) |  |  | 22 |  |  | — |  |  | — |  |  | — |
Net earnings | — |  |  | — |  |  | — |  |  | 31 |  |  | — |  |  | 22 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (60) |  |  | (3) |
Balance, June 30, 2020 | $ | 3 |  |  | $ | 1,115 |  |  | $ | (1,623) |  |  | $ | 5,903 |  |  | $ | (787) |  |  | $ | 152 |
____________________________________ * 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 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: 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 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: 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 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration