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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, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net sales $ 8,305.1us-gaap_SalesRevenueGoodsNet $ 7,436.6us-gaap_SalesRevenueGoodsNet $ 7,183.2us-gaap_SalesRevenueGoodsNet
Cost of sales 6,548.7us-gaap_CostOfGoodsSold 5,879.1us-gaap_CostOfGoodsSold 5,716.3us-gaap_CostOfGoodsSold
Gross profit 1,756.4us-gaap_GrossProfit 1,557.5us-gaap_GrossProfit 1,466.9us-gaap_GrossProfit
Selling, general and administrative expenses 698.9us-gaap_SellingGeneralAndAdministrativeExpense 639.7us-gaap_SellingGeneralAndAdministrativeExpense 629.3us-gaap_SellingGeneralAndAdministrativeExpense
Other expense, net 93.8us-gaap_OtherOperatingIncomeExpenseNet 62.6us-gaap_OtherOperatingIncomeExpenseNet 84.7us-gaap_OtherOperatingIncomeExpenseNet
Operating income 963.7us-gaap_OperatingIncomeLoss 855.2us-gaap_OperatingIncomeLoss 752.9us-gaap_OperatingIncomeLoss
Equity in affiliates’ earnings, net of tax (47.3)us-gaap_IncomeLossFromEquityMethodInvestments (43.5)us-gaap_IncomeLossFromEquityMethodInvestments (42.8)us-gaap_IncomeLossFromEquityMethodInvestments
Interest income (5.5)us-gaap_InvestmentIncomeInterest (4.8)us-gaap_InvestmentIncomeInterest (4.7)us-gaap_InvestmentIncomeInterest
Interest expense and finance charges 36.4us-gaap_InterestAndDebtExpense 34.2us-gaap_InterestAndDebtExpense 39.4us-gaap_InterestAndDebtExpense
Earnings before income taxes and noncontrolling interest 980.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 869.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 761.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 292.6us-gaap_IncomeTaxExpenseBenefit 218.3us-gaap_IncomeTaxExpenseBenefit 238.6us-gaap_IncomeTaxExpenseBenefit
Net earnings 687.5us-gaap_ProfitLoss 651.0us-gaap_ProfitLoss 522.4us-gaap_ProfitLoss
Net earnings attributable to the noncontrolling interest, net of tax 31.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 26.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 21.5us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings attributable to BorgWarner Inc. $ 655.8us-gaap_NetIncomeLoss $ 624.3us-gaap_NetIncomeLoss $ 500.9us-gaap_NetIncomeLoss
Earnings per share — basic $ 2.89us-gaap_EarningsPerShareBasic $ 2.73us-gaap_EarningsPerShareBasic $ 2.22us-gaap_EarningsPerShareBasic
Earnings per share — diluted $ 2.86us-gaap_EarningsPerShareDiluted $ 2.70us-gaap_EarningsPerShareDiluted $ 2.09us-gaap_EarningsPerShareDiluted [1]
Weighted average shares outstanding (thousands):      
Basic 227,150us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 228,600us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 225,304us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 228,924us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 231,337us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 242,754us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per share $ 0.51us-gaap_CommonStockDividendsPerShareDeclared $ 0.25us-gaap_CommonStockDividendsPerShareDeclared $ 0us-gaap_CommonStockDividendsPerShareDeclared
[1] * The Company's diluted earnings per share for the year ended December 31, 2012 includes the impact of the Company's 3.50% convertible senior notes and associated warrants. Refer to the Earnings Per Share footnote to the Consolidated Financial Statements for further information on the diluted earnings per share calculation.