REPORTING SEGMENTS AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021


2021 Segment information
	Net sales						Year-end assets		Depreciation/ amortization		Long-lived asset expenditures1
(in millions)	Customers		Inter-segment		Net
Air Management	$	7,146	$	152	$	7,298	$	6,729	$	305	$	281
e-Propulsion & Drivetrain	5,209		169		5,378		5,527		284		237
Fuel Injection	1,637		189		1,826		1,782		142		110
Aftermarket	846		7		853		815		5		4
Inter-segment eliminations	—		(517)		(517)		—		—		—
Total	14,838		—		14,838		14,853		736		632
Corporate2	—		—		—		1,722		36		34
Consolidated	$	14,838	$	—	$	14,838	$	16,575	$	772	$	666


2020 Segment information
	Net sales						Year-end assets		Depreciation/ amortization3		Long-lived asset expenditures1
(in millions)	Customers		Inter-segment		Net
Air Management	$	5,598	$	80	$	5,678	$	5,714	$	241	$	210
e-Propulsion & Drivetrain	3,940		49		3,989		5,412		261		192


Fuel Injection	435		44		479		1,964		32		21
Aftermarket	192		2		194		806		2		2
Inter-segment eliminations	—		(175)		(175)		—		—		—
Total	10,165		—		10,165		13,896		536		425
Corporate2	—		—		—		2,133		32		16
Consolidated	$	10,165	$	—	$	10,165	$	16,029	$	568	$	441


2019 Segment information
	Net sales						Year-end assets		Depreciation/ amortization		Long-lived asset expenditures1
(in millions)	Customers		Inter-segment		Net
Air Management	$	6,153	$	61	$	6,214	$	4,536	$	227	$	219
e-Propulsion & Drivetrain	4,015		—		4,015		4,075		183		254


Inter-segment eliminations	—		(61)		(61)		—		—		—
Total	10,168		—		10,168		8,611		410		473
Corporate2	—		—		—		1,091		29		8
Consolidated	$	10,168	$	—	$	10,168	$	9,702	$	439	$	481

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1 Long-lived asset expenditures include capital expenditures and tooling outlays.
2 Corporate assets include cash and cash equivalents, investments and long-term receivables, and deferred income taxes.
3 In 2020, e-Propulsion & Drivetrain includes $38 million related to accelerated amortization for certain intangibles, refer to Note 12, “Goodwill and Other Intangibles,” for more information.

Adjusted earnings before interest, income taxes and noncontrolling interest (“Segment Adjusted EBIT”)


	Year Ended December 31,
(in millions)	2021		2020		2019
Air Management	$	1,070	$	762	$	995
e-Propulsion & Drivetrain	486		359		443
Fuel Injection	170		39		—
Aftermarket	107		22		—
Segment Adjusted EBIT	1,833		1,182		1,438
Corporate, including stock-based compensation	302		192		206
Restructuring expense	163		203		72
Customer warranty settlement (Note 21)	124		—		—
Merger, acquisition and divestiture expense	50		96		11
Loss on sales of businesses	29		—		7
Asset impairments and lease modifications	17		17		—
Net gain on insurance recovery for property damage	(3)		(9)		—
Intangible asset accelerated amortization (Note 12)	—		38		—
Amortization of inventory fair value adjustment	—		27		—
Gain on derecognition of subsidiary (Note 21)	—		—		(177)
Unfavorable arbitration loss	—		—		14
Officer stock awards modification	—		—		2


Equity in affiliates' earnings, net of tax	(48)		(18)		(32)
Unrealized loss (gain) on equity securities	362		(382)		—


Interest expense, net	93		61		43
Other postretirement (income) expense	(45)		(7)		27
Earnings before income taxes and noncontrolling interest	789		964		1,265
Provision for income taxes	150		397		468
Net earnings	639		567		797
Net earnings attributable to the noncontrolling interest, net of tax	102		67		51
Net earnings attributable to BorgWarner Inc.	$	537	$	500	$	746