EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of earnings per share reconciliation

The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock:


	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share amounts)	2021		2020		2021		2020
Basic earnings (loss) per share:
Net earnings (loss) attributable to BorgWarner Inc.	$	247	$	(98)	$	312	$	31
Weighted average shares of common stock outstanding	238.2		206.0		237.9		205.8
Basic earnings (loss) per share of common stock	$	1.03	$	(0.47)	$	1.31	$	0.15

Diluted earnings (loss) per share:
Net earnings (loss) attributable to BorgWarner Inc.	$	247	$	(98)	$	312	$	31

Weighted average shares of common stock outstanding	238.2		206.0		237.9		205.8



Effect of stock-based compensation*	1.4		—		1.1		0.6

Weighted average shares of common stock outstanding including dilutive shares	239.6		206.0		239.0		206.4
Diluted earnings (loss) per share of common stock	$	1.03	$	(0.47)	$	1.30	$	0.15

Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share:	—		—		—		—

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* The Company had a loss for the three months ended June 30, 2020. As a result, diluted loss per share is the same as basic loss per share in the period, as any dilutive securities would reduce the loss per share. There were 2.8 million stock-based awards excluded from the computation of diluted earnings per share for the three months ended June 30, 2020.