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Earnings Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
 
Nine Months Ended
September 30,
(in millions, except per share amounts)
2013
 
2012
 
2013
 
2012
Basic earnings per share:
 
 
 
 
 
 
 
Net earnings attributable to BorgWarner Inc.
$
166.8

 
$
101.1

 
$
482.9

 
$
379.7

Weighted average shares of common stock outstanding
113.819

 
114.299

 
114.584

 
111.619

Basic earnings per share of common stock
$
1.47

 
$
0.88

 
$
4.21

 
$
3.40

 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Net earnings attributable to BorgWarner Inc.
$
166.8

 
$
101.1

 
$
482.9

 
$
379.7

Adjustment for net interest expense on convertible notes

 

 

 
5.8

Diluted net earnings attributable to BorgWarner Inc.
$
166.8

 
$
101.1

 
$
482.9

 
$
385.5

 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding
113.819

 
114.299

 
114.584

 
111.619

 
 
 
 
 
 
 
 
Effect of 3.50% convertible senior notes

 

 

 
4.429

Effect of warrant

 
2.208

 

 
4.507

Effect of stock-based compensation
1.419

 
1.992

 
1.384

 
2.016

Total dilutive effect on weighted average shares of common stock outstanding
1.419

 
4.200

 
1.384

 
10.952

 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding including dilutive shares
115.238

 
118.499

 
115.968

 
122.571

Diluted earnings per share of common stock
$
1.45

 
$
0.85

 
$
4.16

 
$
3.15

 
 
 
 
 
 
 
 
Total anti-dilutive shares:
 
 
 
 
 
 
 
Call options

 

 

 
2.586