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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 2,478.5 $ 2,416.2 $ 7,956.8 $ 7,212.9
Cost of sales 1,962.9 1,894.6 6,270.2 5,662.1
Gross profit 515.6 521.6 1,686.6 1,550.8
Selling, general and administrative expenses 230.5 225.0 719.9 659.1
Other expense, net 7.1 22.0 42.4 27.5
Operating income 278.0 274.6 924.3 864.2
Equity in affiliates’ earnings, net of tax (15.2) (14.4) (38.4) (38.5)
Interest income (1.5) (1.3) (4.4) (4.2)
Interest expense and finance charges 14.4 17.6 45.4 53.6
Other postretirement income (2.4) (1.3) (7.4) (3.9)
Earnings before income taxes and noncontrolling interest 282.7 274.0 929.1 857.2
Provision for income taxes 66.8 79.4 192.1 241.9
Net earnings 215.9 194.6 737.0 615.3
Net earnings attributable to the noncontrolling interest, net of tax 12.1 9.7 36.3 29.2
Net earnings attributable to BorgWarner Inc. $ 203.8 $ 184.9 $ 700.7 $ 586.1
Earnings per share — basic $ 0.98 $ 0.88 $ 3.36 $ 2.78
Earnings per share — diluted $ 0.98 $ 0.88 $ 3.34 $ 2.77
Weighted average shares outstanding (thousands):        
Basic 207,471 209,803 208,505 210,657
Diluted 208,738 211,013 209,787 211,575
Dividends declared per share $ 0.17 $ 0.14 $ 0.51 $ 0.42