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BorgWarner Inc. and Consolidated Subsidiaries Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING      
Net earnings $ 522.4 $ 570.6 $ 396.2
Adjustments to reconcile net earnings to net cash flows from operations:      
Depreciation and tooling amortization 260.2 252.2 224.5
Amortization of intangible assets and other 28.4 30.8 28.4
Loss from disposal activities, net of cash paid 31.7 21.5 0
Restructuring expense, net of cash paid 23.3 0 0
Environmental litigation settlement, net of cash paid 0 0 (14.0)
Stock-based compensation expense 56.7 21.8 22.8
Deferred income tax benefit (10.7) (1.1) (52.2)
Bond amortization 5.3 20.3 18.3
BERU - Eichenauer equity investment gain 0 0 (8.0)
Equity in affiliates’ earnings, net of dividends received, and other (13.0) (7.8) 1.7
Net earnings adjusted for non-cash charges to operations 904.3 908.3 645.7
Changes in assets and liabilities:      
Receivables 43.8 (150.6) (239.0)
Inventories (5.3) (38.6) (79.0)
Prepayments and other current assets (15.4) (2.4) 0.6
Accounts payable and accrued expenses (27.1) 53.0 169.4
Income taxes payable 44.9 (15.4) 37.3
Other non-current assets and liabilities (66.5) (46.1) 3.9
Net cash provided by operating activities 878.7 708.2 538.9
INVESTING      
Capital expenditures, including tooling outlays (407.4) (393.7) (276.6)
Net proceeds from asset disposals 5.4 7.9 6.8
Payments for businesses acquired, net of cash acquired 0 (203.7) (164.7)
Net proceeds from sale of businesses 56.8 25.0 5.0
Net cash used in investing activities (345.2) (564.5) (429.5)
FINANCING      
Net increase (decrease) in notes payable 12.8 67.6 (29.8)
Additions to long-term debt, net of debt issuance costs 313.9 364.6 372.2
Repayments of long-term debt, including current portion (246.4) (309.1) (116.1)
Proceeds from accounts receivable securitization facility 30.0 0 30.0
Payments for purchase of treasury stock (295.9) (357.6) (325.7)
Proceeds from stock options exercised, including the tax benefit 52.0 53.0 67.1
Taxes paid on employees' restricted stock award vestings (18.1) (14.4) 0
Purchase of noncontrolling interest (15.0) (29.4) 0
Capital contribution from noncontrolling interest 0 19.5 0
Dividends paid to noncontrolling stockholders (21.9) (13.9) (10.9)
Net cash used in financing activities (188.6) (219.7) (13.2)
Effect of exchange rate changes on cash 11.2 (14.3) (3.7)
Net increase (decrease) in cash 356.1 (90.3) 92.5
Cash at beginning of year 359.6 449.9 357.4
Cash at end of year 715.7 359.6 449.9
SUPPLEMENTAL CASH FLOW INFORMATION      
Net cash paid during the year for interest 57.0 68.5 53.4
Net cash paid during the year for income taxes $ 158.9 $ 175.5 $ 83.1