XML 34 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 901 $ 832
Receivables, net 1,735 1,921
Inventories, net 847 807
Prepayments and other current assets 258 276
Total current assets 3,741 3,836
Property, plant and equipment, net 2,839 2,925
Investments and other long-term receivables 315 318
Goodwill 1,818 1,842
Other intangible assets, net 383 402
Other non-current assets 406 379
Total assets 9,502 9,702
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 286 286
Accounts payable and accrued expenses 1,793 1,977
Income taxes payable 45 66
Total current liabilities 2,124 2,329
Long-term debt 1,664 1,674
Other non-current liabilities:    
Retirement-related liabilities 302 306
Other 548 549
Total other non-current liabilities 850 855
Common stock 3 3
Capital in excess of par value 1,109 1,145
Retained earnings 6,036 5,942
Accumulated other comprehensive loss (801) (727)
Common stock held in treasury, at cost (1,623) (1,657)
Total BorgWarner Inc. stockholders’ equity 4,724 4,706
Noncontrolling interest 140 138
Total equity 4,864 4,844
Total liabilities and equity $ 9,502 $ 9,702