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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 2,031.9 $ 2,197.0 $ 4,016.1 $ 4,281.1
Cost of sales 1,602.9 1,724.2 3,158.1 3,362.5
Gross profit 429.0 472.8 858.0 918.6
Selling, general and administrative expenses 167.4 181.2 335.6 355.0
Other expense, net 19.1 11.0 20.3 49.8
Operating income 242.5 280.6 502.1 513.8
Equity in affiliates’ earnings, net of tax (11.1) (12.2) (19.6) (21.0)
Interest income (1.6) (1.4) (3.3) (2.9)
Interest expense and finance charges 17.6 9.0 27.6 17.2
Earnings before income taxes and noncontrolling interest 237.6 285.2 497.4 520.5
Provision for income taxes 80.2 85.3 152.3 153.4
Net earnings 157.4 199.9 345.1 367.1
Net earnings attributable to the noncontrolling interest, net of tax 9.3 9.7 18.1 17.8
Net earnings attributable to BorgWarner Inc. $ 148.1 $ 190.2 $ 327.0 $ 349.3
Earnings per share — basic $ 0.66 $ 0.84 $ 1.45 $ 1.54
Earnings per share — diluted $ 0.65 $ 0.83 $ 1.44 $ 1.52
Weighted average shares outstanding (thousands):        
Basic 225,353 227,678 225,575 227,554
Diluted 226,615 229,670 226,852 229,499
Dividends declared per share $ 0.13 $ 0.125 $ 0.26 $ 0.25