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Reporting Segments (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of net sales by reporting segment The following tables show segment information and Adjusted EBIT for the Company's reporting segments.
Net Sales by Reporting Segment
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2020201920202019
Engine$826  $1,569  $2,260  $3,167  
Drivetrain607  998  1,467  1,980  
Inter-segment eliminations(7) (16) (22) (30) 
Net sales$1,426  $2,551  $3,705  $5,117  
Schedule of segment earnings before interest and income taxes
Adjusted EBIT
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2020201920202019
Engine$28  $249  $236  $490  
Drivetrain 102  64  207  
Adjusted EBIT29  351  300  697  
Restructuring expense37  13  52  27  
Merger, acquisition and divestiture expense21   42   
Asset impairments17  —  26  —  
Net gain on insurance proceeds for property damage(6) —  (6) —  
Unfavorable arbitration loss—  —  —  14  
Officer stock awards modification—  —  —   
Corporate, including stock-based compensation38  48  75  99  
Equity in affiliates’ earnings, net of tax(2) (9) (7) (18) 
Interest income(3) (2) (5) (5) 
Interest expense18  14  30  28  
Other postretirement (income) expense(1) 27  (3) 27  
(Loss) earnings before income taxes and noncontrolling interest
(90) 255  96  517  
(Benefit) provision for income taxes(6) 73  43  164  
Net (loss) earnings$(84) $182  $53  $353  
Net earnings attributable to the noncontrolling interest, net of tax14  10  22  21  
Net (loss) earnings attributable to BorgWarner Inc. $(98) $172  $31  $332  
Schedule of segment assets
Total Assets
June 30,December 31,
(in millions)20202019
Engine$4,218  $4,536  
Drivetrain3,821  4,075  
Total8,039  8,611  
Corporate *2,298  1,091  
Total assets$10,337  $9,702  
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* Corporate assets include cash and cash equivalents, investments and other long-term receivables, and certain deferred income taxes.