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Condensed Consolidated Statements of Cash Flows (Unaudited)
₨ in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
OPERATING    
Net earnings $ 173.2 $ 187.7
Adjustments to reconcile net earnings to net cash flows from operations:    
Depreciation and amortization 94.4 77.1
Restructuring expense, net of cash paid 0.1 8.1
Gain on previously held equity interest 0.0 (10.8)
Stock-based compensation expense 9.6 10.9
Deferred income tax provision 23.9 10.4
Equity in affiliates’ earnings, net of dividends received, and other (15.7) (9.8)
Net earnings adjusted for non-cash charges to operations 285.5 273.6
Changes in assets and liabilities:    
Receivables (155.8) (202.1)
Inventories (17.9) (30.6)
Prepayments and other current assets 0.5 (9.8)
Accounts payable and accrued expenses (43.6) 32.5
Income taxes payable (25.8) (7.8)
Other non-current assets and liabilities (8.5) (23.1)
Net cash provided by operating activities 34.4 32.7
INVESTING    
Capital expenditures, including tooling outlays (104.3) (140.0)
Payment for business acquired, net of cash acquired 0.0 (12.6)
Proceeds from asset disposals and other 1.1 0.8
Net cash used in investing activities (103.2) (151.8)
FINANCING    
Net increase (decrease) in notes payable 19.7 (512.3)
Additions to long-term debt, net of debt issuance costs 0.0 1,012.8
Repayments of long-term debt, including current portion (8.7) (3.1)
Payments for purchase of treasury stock (79.5) (33.7)
Payments for stock-based compensation items (7.6) (1.6)
Dividends paid to BorgWarner stockholders (28.2) (29.4)
Dividends paid to noncontrolling stockholders (20.5) (15.9)
Net cash (used in) provided by financing activities (124.8) 416.8
Effect of exchange rate changes on cash 8.2 (60.0)
Net (decrease) increase in cash (185.4) 237.7
Cash at beginning of year 577.7 797.8
Cash at end of period 392.3 1,035.5
Cash paid during the period for:    
Interest 29.3 12.8
Income taxes, net of refunds 84.4 50.0
BERU Diesel Start Systems Pvt. Ltd.    
Adjustments to reconcile net earnings to net cash flows from operations:    
Gain on previously held equity interest $ 0.0 $ (10.8)