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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Schedule of Earnings per Share reconciliation [Text Block]
The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock:
 
Year Ended December 31,
(in millions except per share amounts)
2011
 
2010
 
2009
Basic earnings per share:
 

 
 

 
 

Net earnings attributable to BorgWarner Inc.
$
550.1

 
$
377.4

 
$
27.0

Weighted average shares of common stock outstanding
109.229

 
114.155

 
116.522

Basic earnings per share of common stock
$
5.04

 
$
3.31

 
$
0.23

 
 
 
 
 
 
Diluted earnings per share:
 
 
 

 
 

Net earnings attributable to BorgWarner Inc.
$
550.1

 
$
377.4

 
$
27.0

Adjusted for net interest expense on convertible notes
21.5

 
20.4

 

Diluted net earnings attributable to BorgWarner Inc.
$
571.6

 
$
397.8

 
$
27.0

 
 
 
 
 
 
Weighted average shares of common stock outstanding
109.229

 
114.155

 
116.522

 
 
 
 
 
 
Effect of 3.50% convertible senior notes
11.389

 
11.389

 

Effect of warrant
5.215

 
1.464

 

Effect of stock-based compensation
2.635

 
2.567

 
0.417

Total dilutive effect on weighted average shares of common stock outstanding
19.239

 
15.420

 
0.417

 
 
 
 
 
 
Weighted average shares of common stock outstanding including dilutive shares
128.468

 
129.575

 
116.939

Diluted earnings per share of common stock
$
4.45

 
$
3.07

 
$
0.23

 
 
 
 
 
 
Anti-dilutive shares:


 


 


3.50% convertible senior notes

 

 
11.389

Bond hedge
6.141

 
2.836

 
0.034

Stock-based compensation

 

 
2.711

Total anti-dilutive shares
6.141

 
2.836

 
14.134