XML 56 R46.htm IDEA: XBRL DOCUMENT
v3.21.2

STOCKHOLDERS' EQUITY (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Stockholders' Equity Note [Abstract] |
Schedule of stockholders equity | The changes of the Stockholders’ Equity items during the three and nine months ended September 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, June 30, 2021 | $ | 3 |  |  | $ | 2,602 |  |  | $ | (1,810) |  |  | $ | 6,527 |  |  | $ | (673) |  |  | $ | 373 |
Dividends declared ($0.17 per share*) | — |  |  | — |  |  | — |  |  | (41) |  |  | — |  |  | (14) |
Net issuance for executive stock plan | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings | — |  |  | — |  |  | — |  |  | 96 |  |  | — |  |  | 21 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (73) |  |  | (6) |
Balance, September 30, 2021 | $ | 3 |  |  | $ | 2,617 |  |  | $ | (1,810) |  |  | $ | 6,582 |  |  | $ | (746) |  |  | $ | 374 |
| 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, June 30, 2020 | $ | 3 |  |  | $ | 1,115 |  |  | $ | (1,623) |  |  | $ | 5,903 |  |  | $ | (787) |  |  | $ | 152 |
Dividends declared ($0.17 per share*) | — |  |  | — |  |  | — |  |  | (35) |  |  | — |  |  | (15) |
Net issuance for executive stock plan | — |  |  | 5 |  |  | — |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | 8 |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings | — |  |  | — |  |  | — |  |  | 111 |  |  | — |  |  | 18 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | — |  |  | 57 |  |  | 6 |
Balance, September 30, 2020 | $ | 3 |  |  | $ | 1,128 |  |  | $ | (1,623) |  |  | $ | 5,979 |  |  | $ | (730) |  |  | $ | 161 |
| 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 ($0.51 per share*) | — |  |  | — |  |  | — |  |  | (122) |  |  | — |  |  | (51) |
Net issuance for executive stock plan | — |  |  | 7 |  |  | 3 |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | (4) |  |  | 21 |  |  | — |  |  | — |  |  | — |
Acquisition of AKASOL | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 96 |
Purchase of noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (33) |
Net earnings | — |  |  | — |  |  | — |  |  | 408 |  |  | — |  |  | 77 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (95) |  |  | (11) |
Balance, September 30, 2021 | $ | 3 |  |  | $ | 2,617 |  |  | $ | (1,810) |  |  | $ | 6,582 |  |  | $ | (746) |  |  | $ | 374 |
| 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 ($0.51 per share*) | — |  |  | — |  |  | — |  |  | (105) |  |  | — |  |  | (20) |
Net issuance for executive stock plan | — |  |  | (11) |  |  | 12 |  |  | — |  |  | — |  |  | — |
Net issuance of restricted stock | — |  |  | (6) |  |  | 22 |  |  | — |  |  | — |  |  | — |
Net earnings | — |  |  | — |  |  | — |  |  | 142 |  |  | — |  |  | 40 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | 3 |
Balance, September 30, 2020 | $ | 3 |  |  | $ | 1,128 |  |  | $ | (1,623) |  |  | $ | 5,979 |  |  | $ | (730) |  |  | $ | 161 |
__________________________________ * The dividends declared relate to BorgWarner common stock.

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21463-112644 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration