XML 58 R47.htm IDEA: XBRL DOCUMENT v3.23.1

REPORTING SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Net Sales and Total Assets by Reporting Segment

The following tables show segment information and Segment Adjusted Operating Income (Loss) for the Company’s reporting segments:

Net Sales by Reporting Segment

			Three Months Ended March 31, 2023
(in millions)			Customers						Inter-segment						Net
Air Management			$	1,953					$	26					$	1,979
Drivetrain & Battery Systems			955						—						955
Fuel Systems			507						61						568
ePropulsion			439						48						487
Aftermarket			326						4						330
Inter-segment eliminations			—						(139)						(139)
Net sales			$	4,180					$	—					$	4,180

			Three Months Ended March 31, 2022
(in millions)			Customers						Inter-segment						Net
Air Management			$	1,752					$	16					$	1,768
Drivetrain & Battery Systems			895						—						895
Fuel Systems			529						62						591
ePropulsion			394						46						440
Aftermarket			304						3						307
Inter-segment eliminations			—						(127)						(127)
Net sales			$	3,874					$	—					$	3,874

Total Assets by Reporting Segment

(in millions)			March 31, 2023						December 31, 2022
Air Management			$	5,497					$	5,376
Drivetrain & Battery Systems			3,830						3,963
ePropulsion			2,517						2,453
Fuel Systems			2,155						2,227
Aftermarket			1,309						1,281
Total			15,308						15,300
Corporate			1,809						1,694
Consolidated			$	17,117					$	16,994

Schedule of Segment Earnings Before Interest and Income Taxes

Segment Adjusted Operating Income (Loss)

			Three Months Ended March 31,
(in millions)			2023						2022
Air Management			$	285					$	251
Drivetrain & Battery Systems			110						113
Fuel Systems			48						66
Aftermarket			45						39
ePropulsion			(34)						(17)
Segment Adjusted Operating Income			454						452
Corporate, including stock-based compensation			58						63
Merger, acquisition and divestiture expense, net			25						23
Intangible asset amortization expense			24						23
Restructuring expense (Note 5)			7						15
Gain on sale of business			—						(24)
Equity in affiliates’ earnings, net of tax			(4)						(8)
Unrealized loss on debt and equity securities			15						39
Interest expense, net			10						15
Other postretirement expense (income)			2						(9)
Earnings before income taxes and noncontrolling interest			317						315
Provision for income taxes			87						91
Net earnings			230						224
Net earnings attributable to noncontrolling interest, net of tax			13						24
Net earnings attributable to BorgWarner Inc.			$	217					$	200

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ 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 https://asc.fasb.org/extlink&oid=126901519&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 (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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