XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash $ 710 $ 739
Receivables, net 2,063 1,988
Inventories, net 817 781
Prepayments and other current assets 259 250
Assets held for sale 0 47
Total current assets 3,849 3,805
Property, plant and equipment, net 2,891 2,904
Investments and other long-term receivables 690 592
Goodwill 1,845 1,853
Other intangible assets, net 421 439
Other non-current assets 535 502
Total assets 10,231 10,095
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 171 173
Accounts payable and accrued expenses 2,089 2,144
Income taxes payable 53 59
Liabilities held for sale 0 23
Total current liabilities 2,313 2,399
Long-term debt 1,929 1,941
Other non-current liabilities:    
Asbestos-related liability 734 755
Retirement-related liabilities 283 298
Other 470 357
Total other non-current liabilities 1,487 1,410
Common stock 3 3
Capital in excess of par value 1,116 1,146
Retained earnings 5,598 5,336
Accumulated other comprehensive loss (670) (674)
Common stock held in treasury (1,653) (1,585)
Total BorgWarner Inc. stockholders’ equity 4,394 4,226
Noncontrolling interest 108 119
Total equity 4,502 4,345
Total liabilities and equity $ 10,231 $ 10,095