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BorgWarner Inc. and Consolidated Subsidiaries Consolidated Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Income Statement [Abstract]  
Net sales $ 7,436.6
Cost of sales 5,879.1
Gross profit 1,557.5
Selling, general and administrative expenses 639.7
Other expense (income) 62.6
Operating income 855.2
Equity in affiliates’ earnings, net of tax (43.5)
Interest income (4.8)
Interest expense and finance charges 34.2
Earnings before income taxes and noncontrolling interest 869.3
Provision for income taxes 218.3
Net earnings 651.0
Net earnings attributable to the noncontrolling interest, net of tax 26.7
Net earnings attributable to BorgWarner Inc. $ 624.3
Earnings per share — basic $ 2.73
Earnings per share — diluted $ 2.70 [1]
Weighted average shares outstanding:  
Basic 228,600
Diluted 231,337
Dividends declared per share $ 0.25
[1] * The Company's diluted earnings per share for the years ended December 31, 2012 and 2011 includes the impact of the Company's 3.50% convertible senior notes and associated warrants. Refer to Note 16, "Earnings Per Share," for further information on the diluted earnings per share calculation.