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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions, except per share amounts)
2013
 
2012
 
2013
 
2012
Basic earnings per share:
 
 
 
 
 
 
 
Net earnings attributable to BorgWarner Inc.
$
174.1

 
$
120.6

 
$
316.1

 
$
278.6

Weighted average shares of common stock outstanding
114.748

 
112.139

 
114.967

 
110.280

Basic earnings per share of common stock
$
1.52

 
$
1.08

 
$
2.75

 
$
2.53

 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Net earnings attributable to BorgWarner Inc.
$
174.1

 
$
120.6

 
$
316.1

 
$
278.6

Adjustment for net interest expense on convertible notes

 
0.8

 

 
5.8

Diluted net earnings attributable to BorgWarner Inc.
$
174.1

 
$
121.4

 
$
316.1

 
$
284.4

 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding
114.748

 
112.139

 
114.967

 
110.280

 
 
 
 
 
 
 
 
Effect of 3.50% convertible senior notes

 
1.898

 

 
6.644

Effect of warrant

 
5.499

 

 
5.656

Effect of stock-based compensation
1.353

 
1.937

 
1.366

 
2.028

Total dilutive effect on weighted average shares of common stock outstanding
1.353

 
9.334

 
1.366

 
14.328

 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding including dilutive shares
116.101

 
121.473

 
116.333

 
124.608

Diluted earnings per share of common stock
$
1.50

 
$
1.00

 
$
2.72

 
$
2.28

 
 
 
 
 
 
 
 
Total anti-dilutive shares:
 
 
 
 
 
 
 
Call options

 
1.108

 

 
3.879