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BorgWarner Inc. and Consolidated Subsidiaries Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 832 $ 739
Receivables, net 1,921 1,988
Inventories, net 807 781
Prepayments and other current assets 276 250
Assets held for sale 0 47
Total current assets 3,836 3,805
Property, plant and equipment, net 2,925 2,904
Investments and other long-term receivables 318 592
Goodwill 1,842 1,853
Other intangible assets, net 402 439
Other non-current assets 379 502
Total assets 9,702 10,095
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 286 173
Accounts payable and accrued expenses 1,977 2,144
Income taxes payable 66 59
Liabilities held for sale 0 23
Total current liabilities 2,329 2,399
Long-term debt 1,674 1,941
Other non-current liabilities:    
Asbestos-related liabilities 0 755
Retirement-related liabilities 306 298
Other 549 357
Total other non-current liabilities 855 1,410
Capital stock:    
Common stock 3 3
Capital in excess of par value 1,145 1,146
Retained earnings 5,942 5,336
Accumulated other comprehensive loss (727) (674)
Common stock held in treasury (1,657) (1,585)
Total BorgWarner Inc. stockholders’ equity 4,706 4,226
Noncontrolling interest 138 119
Total equity 4,844 4,345
Total liabilities and equity $ 9,702 $ 10,095
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 5,000,000 5,000,000
Preferred Stock, Shares Issued 0 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 390,000,000 390,000,000
Common Stock, Shares, Issued 246,387,057 246,387,057
Common Stock, Shares, Outstanding 206,407,543 208,214,934
Treasury Stock, Shares 39,979,514 38,172,123
Nonvoting Common Stock [Member]    
Capital stock:    
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 25,000,000 25,000,000
Common Stock, Shares, Issued 0 0
Common Stock, Shares, Outstanding 0 0