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BorgWarner Inc. and Consolidated Subsidiaries Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales $ 8,023.2 $ 8,305.1 $ 7,436.6
Cost of sales 6,320.1 6,548.7 5,879.1
Gross profit 1,703.1 1,756.4 1,557.5
Selling, general and administrative expenses 662.0 698.9 639.7
Other expense, net 101.4 93.8 62.6
Operating income 939.7 963.7 855.2
Equity in affiliates’ earnings, net of tax (40.0) (47.3) (43.5)
Interest income (7.5) (5.5) (4.8)
Interest expense and finance charges 60.4 36.4 34.2
Earnings before income taxes and noncontrolling interest 926.8 980.1 869.3
Provision for income taxes 280.4 292.6 218.3
Net earnings 646.4 687.5 651.0
Net earnings attributable to the noncontrolling interest, net of tax 36.7 31.7 26.7
Net earnings attributable to BorgWarner Inc. $ 609.7 $ 655.8 $ 624.3
Earnings per share — basic $ 2.72 $ 2.89 $ 2.73
Earnings per share — diluted $ 2.70 $ 2.86 $ 2.70
Weighted average shares outstanding (thousands):      
Basic 224,414 227,150 228,600
Diluted 225,648 228,924 231,337
Dividends declared per share $ 0.52 $ 0.51 $ 0.25