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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash $ 494 $ 739
Restricted cash 23 0
Receivables, net 2,065 1,988
Inventories, net 807 781
Prepayments and other current assets 280 250
Assets held for sale 50 47
Total current assets 3,719 3,805
Property, plant and equipment, net 2,895 2,904
Investments and other long-term receivables 617 592
Goodwill 1,848 1,853
Other intangible assets, net 433 439
Other non-current assets 592 502
Total assets 10,104 10,095
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 164 173
Accounts payable and accrued expenses 2,056 2,144
Income taxes payable 57 59
Liabilities held for sale 22 23
Total current liabilities 2,299 2,399
Long-term debt 1,923 1,941
Other non-current liabilities:    
Asbestos-related liability 746 755
Retirement-related liabilities 292 298
Other 459 357
Total other non-current liabilities 1,497 1,410
Common stock 3 3
Capital in excess of par value 1,111 1,146
Retained earnings 5,461 5,336
Accumulated other comprehensive loss (675) (674)
Common stock held in treasury (1,626) (1,585)
Total BorgWarner Inc. stockholders’ equity 4,274 4,226
Noncontrolling interest 111 119
Total equity 4,385 4,345
Total liabilities and equity $ 10,104 $ 10,095