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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING    
Net earnings $ 521.1 $ 420.7
Adjustments to reconcile net earnings to net cash flows from operations:    
Depreciation and amortization 218.3 197.1
Stock-based compensation expense 21.9 24.3
Deferred income tax (benefit) provision (34.5) 38.8
Restructuring expense, net of cash paid 30.8 0.0
Equity in affiliates’ earnings, net of dividends received, and other (26.9) (10.4)
Net earnings adjusted for non-cash charges to operations 730.7 670.5
Changes in assets and liabilities:    
Receivables (158.6) (174.0)
Inventories (61.6) (31.2)
Prepayments and other current assets (34.6) (13.4)
Accounts payable and accrued expenses (106.2) (0.7)
Income taxes payable (52.7) (20.2)
Other assets and liabilities (11.8) (31.8)
Net cash provided by operating activities 305.2 399.2
INVESTING    
Capital expenditures, including tooling outlays (268.7) (254.2)
Payments for venture capital investment (3.0) (2.0)
Proceeds from asset disposals and other 5.1 1.0
Net cash used in investing activities (266.6) (255.2)
FINANCING    
Net increase (decrease) in notes payable 0.8 (32.0)
Additions to long-term debt, net of debt issuance costs 19.4 0.0
Repayments of long-term debt, including current portion (14.3) (12.5)
Payments for debt issuance cost 0.0 2.4
Payments for purchase of treasury stock (110.5) (84.7)
Payments for stock-based compensation items (15.1) (1.9)
Dividends paid to BorgWarner stockholders (71.1) (59.1)
Dividends paid to noncontrolling stockholders (24.9) (21.7)
Net cash used in financing activities (215.7) (214.3)
Effect of exchange rate changes on cash (6.3) 13.7
Net decrease in cash (183.4) (56.6)
Cash at beginning of year 545.3 443.7
Cash at end of period 361.9 387.1
Cash paid during the period for:    
Interest 38.7 40.3
Income taxes, net of refunds $ 185.9 $ 152.0