Stockholders' Equity

9 Months Ended

Sep. 30, 2020

The changes of the Stockholders' Equity items during the three and nine months ended September 30, 2020 and 2019, are as follows:


	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, June 30, 2020	$	3	$	1,115	$	(1,623)	$	5,903	$	(787)	$	152
Dividends declared ($0.17 per share*)	—		—		—		(35)		—		(15)
Net issuance for executive stock plan	—		5		—		—		—		—
Net issuance of restricted stock	—		8		—		—		—		—

Net earnings	—		—		—		111		—		18
Other comprehensive income	—		—		—		—		57		6
Balance, September 30, 2020	$	3	$	1,128	$	(1,623)	$	5,979	$	(730)	$	161


	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, June 30, 2019	$	3	$	1,116	$	(1,653)	$	5,598	$	(670)	$	108
Dividends declared ($0.17 per share*)	—		—		—		(35)		—		1
Contributions	—		—		—		—		—		4
Net issuance for executive stock plan	—		4		1		—		—		—
Net issuance of restricted stock	—		9		(1)		—		—		—
Net earnings	—		—		—		194		—		13
Other comprehensive loss	—		—		—		—		(109)		(5)
Balance, September 30, 2019	$	3	$	1,129	$	(1,653)	$	5,757	$	(779)	$	121


	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, December 31, 2019	$	3	$	1,145	$	(1,657)	$	5,942	$	(727)	$	138
Dividends declared ($0.51 per share*)	—		—		—		(105)		—		(20)
Net issuance for executive stock plan	—		(11)		12		—		—		—
Net issuance of restricted stock	—		(6)		22		—		—		—

Net earnings	—		—		—		142		—		40
Other comprehensive (loss) income	—		—		—		—		(3)		3
Balance, September 30, 2020	$	3	$	1,128	$	(1,623)	$	5,979	$	(730)	$	161


	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, December 31, 2018	$	3	$	1,146	$	(1,585)	$	5,336	$	(674)	$	119
Dividends declared ($0.51 per share*)	—		—		—		(105)		—		(29)
Contributions	—		—		—		—		—		4
Net issuance for executive stock plan	—		(5)		8		—		—		—
Net issuance of restricted stock	—		(12)		24		—		—		—
Purchase of treasury stock	—		—		(100)		—		—		—
Net earnings	—		—		—		526		—		34
Other comprehensive loss	—		—		—		—		(105)		(7)
Balance, September 30, 2019	$	3	$	1,129	$	(1,653)	$	5,757	$	(779)	$	121

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* The dividends declared relate to BorgWarner common stock.