STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY The changes of the Stockholders’ Equity items during the three and nine months ended September 30, 2021 and 2020, 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, 2021	$	3	$	2,602	$	(1,810)	$	6,527	$	(673)	$	373
Dividends declared ($0.17 per share*)	—		—		—		(41)		—		(14)
Net issuance for executive stock plan	—		6		—		—		—		—
Net issuance of restricted stock	—		9		—		—		—		—
Net earnings	—		—		—		96		—		21
Other comprehensive loss	—		—		—		—		(73)		(6)
Balance, September 30, 2021	$	3	$	2,617	$	(1,810)	$	6,582	$	(746)	$	374

	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, December 31, 2020	$	3	$	2,614	$	(1,834)	$	6,296	$	(651)	$	296
Dividends declared ($0.51 per share*)	—		—		—		(122)		—		(51)
Net issuance for executive stock plan	—		7		3		—		—		—
Net issuance of restricted stock	—		(4)		21		—		—		—
Acquisition of AKASOL	—		—		—		—		—		96
Purchase of noncontrolling interest	—		—		—		—		—		(33)
Net earnings	—		—		—		408		—		77
Other comprehensive loss	—		—		—		—		(95)		(11)
Balance, September 30, 2021	$	3	$	2,617	$	(1,810)	$	6,582	$	(746)	$	374

	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

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* The dividends declared relate to BorgWarner common stock.