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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING    
Net earnings $ 737.0 $ 615.3
Adjustments to reconcile net earnings to net cash flows from operations:    
Depreciation and amortization 325.8 302.0
Stock-based compensation expense 37.6 35.5
Deferred income tax (benefit) provision (36.6) 39.5
Restructuring expense, net of cash paid 34.7 3.5
Equity in affiliates’ earnings, net of dividends received, and other (21.6) (23.7)
Net earnings adjusted for non-cash charges to operations 1,076.9 972.1
Changes in assets and liabilities:    
Receivables (110.8) (232.0)
Inventories (80.4) (70.8)
Prepayments and other current assets (43.2) (9.1)
Accounts payable and accrued expenses (201.4) 49.8
Income taxes payable (53.4) (18.1)
Other assets and liabilities (31.4) (68.0)
Net cash provided by operating activities 556.3 623.9
INVESTING    
Capital expenditures, including tooling outlays (394.3) (389.7)
Payments to Acquire Businesses, Net of Cash Acquired 0.0 (180.6)
Payments for venture capital investment (4.2) (2.0)
Proceeds from asset disposals and other 5.5 1.6
Net cash used in investing activities (393.0) (570.7)
FINANCING    
Net (decrease) increase in notes payable (29.8) 124.9
Additions to long-term debt, net of debt issuance costs 20.3 0.0
Repayments of long-term debt, including current portion (15.0) (14.5)
Payments for debt issuance cost 0.0 2.4
Payments for purchase of treasury stock (150.0) (100.0)
Payments for stock-based compensation items (15.1) (2.1)
Dividends paid to BorgWarner stockholders (106.3) (88.5)
Dividends paid to noncontrolling stockholders (27.5) (23.6)
Net cash used in financing activities (323.4) (106.2)
Effect of exchange rate changes on cash (23.4) 23.6
Net decrease in cash (183.5) (29.4)
Cash at beginning of year 545.3 443.7
Cash at end of period 361.8 414.3
Cash paid during the period for:    
Interest 67.0 72.1
Income taxes, net of refunds 266.7 219.9
Non-cash investing transactions    
Liabilities assumed from business acquired $ 0.0 $ 19.1