XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash $ 1,035.5us-gaap_CashAndCashEquivalentsAtCarryingValue $ 797.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, net 1,564.7us-gaap_ReceivablesNetCurrent 1,443.5us-gaap_ReceivablesNetCurrent
Inventories, net 506.3us-gaap_InventoryNet 505.7us-gaap_InventoryNet
Deferred income taxes 79.9us-gaap_DeferredTaxAssetsNetCurrent 93.6us-gaap_DeferredTaxAssetsNetCurrent
Prepayments and other current assets 139.0us-gaap_PrepaidExpenseAndOtherAssetsCurrent 130.2us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 3,325.4us-gaap_AssetsCurrent 2,970.8us-gaap_AssetsCurrent
Property, plant and equipment, net 2,049.9us-gaap_PropertyPlantAndEquipmentNet 2,093.9us-gaap_PropertyPlantAndEquipmentNet
Investments and other long-term receivables 422.5us-gaap_LongTermInvestments 403.3us-gaap_LongTermInvestments
Goodwill 1,168.6us-gaap_Goodwill 1,205.7us-gaap_Goodwill
Other non-current assets 556.2us-gaap_OtherAssetsNoncurrent 554.3us-gaap_OtherAssetsNoncurrent
Total assets 7,522.6us-gaap_Assets 7,228.0us-gaap_Assets
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 107.8us-gaap_NotesPayableCurrent 623.7us-gaap_NotesPayableCurrent
Accounts payable and accrued expenses 1,484.4us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 1,530.3us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Income taxes payable 9.3us-gaap_AccruedIncomeTaxesCurrent 14.2us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 1,601.5us-gaap_LiabilitiesCurrent 2,168.2us-gaap_LiabilitiesCurrent
Long-term debt 1,730.6us-gaap_LongTermDebtNoncurrent 716.3us-gaap_LongTermDebtNoncurrent
Other non-current liabilities:    
Retirement-related liabilities 315.0us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 326.6us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Other 313.0us-gaap_OtherLiabilitiesNoncurrent 326.0us-gaap_OtherLiabilitiesNoncurrent
Total other non-current liabilities 628.0us-gaap_LiabilitiesOtherThanLongtermDebtNoncurrent 652.6us-gaap_LiabilitiesOtherThanLongtermDebtNoncurrent
Common stock 2.5us-gaap_CommonStockValue 2.5us-gaap_CommonStockValue
Capital in excess of par value 1,096.7us-gaap_AdditionalPaidInCapital 1,112.4us-gaap_AdditionalPaidInCapital
Retained earnings 3,866.6us-gaap_RetainedEarningsAccumulatedDeficit 3,717.1us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (616.9)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (383.6)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Common stock held in treasury (844.9)us-gaap_TreasuryStockValue (832.2)us-gaap_TreasuryStockValue
Total BorgWarner Inc. stockholders’ equity 3,504.0us-gaap_StockholdersEquity 3,616.2us-gaap_StockholdersEquity
Noncontrolling interest 58.5us-gaap_MinorityInterest 74.7us-gaap_MinorityInterest
Total equity 3,562.5us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 3,690.9us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 7,522.6us-gaap_LiabilitiesAndStockholdersEquity $ 7,228.0us-gaap_LiabilitiesAndStockholdersEquity