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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING    
Net cash provided by operating activities $ 764 $ 808
INVESTING    
Capital expenditures, including tooling outlays (494) (262)
Capital expenditures for damage to property, plant and equipment (2) (18)
Insurance proceeds received for damage to property, plant and equipment 5 23
Payments for businesses acquired, net of cash and restricted cash acquired (759) (2)
Proceeds from settlement of net investment hedges, net 21 12
Payments for investments in equity securities (15) (2)
Proceeds from asset disposals and other, net 6 0
Net cash used in investing activities (1,238) (249)
FINANCING    
Net (decrease) increase in notes payable (8) 6
Additions to debt 1,273 1,163
Payments for debt issuance costs (10) (11)
Repayments of debt, including current portion (698) (308)
Payments for stock-based compensation items (14) (13)
Purchase of noncontrolling interest (33) 0
Dividends paid to BorgWarner stockholders (122) (105)
Dividends paid to noncontrolling stockholders (38) (21)
Net cash provided by financing activities 350 711
Effect of exchange rate changes on cash (16) 19
Net (decrease) increase in cash, cash equivalents and restricted cash (140) 1,289
Cash and cash equivalents at beginning of year 1,650 832
Cash, cash equivalents and restricted cash at end of period $ 1,510 $ 2,121