CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 1,501	$ 1,841
Restricted cash	3	3
Receivables, net	3,166	2,898
Inventories, net	1,644	1,534
Prepayments and other current assets	326	321
Total current assets	6,640	6,597
Property, plant and equipment, net	4,337	4,395
Investments and long-term receivables	473	530
Goodwill	3,388	3,279
Other intangible assets, net	1,147	1,091
Other non-current assets	693	683
Total assets	16,678	16,575
LIABILITIES AND EQUITY
Notes payable and other short-term debt	64	66
Accounts payable	2,465	2,276
Other current liabilities	1,330	1,456
Total current liabilities	3,859	3,798
Long-term debt	4,223	4,261
Retirement-related liabilities	270	290
Other non-current liabilities	988	964
Total liabilities	9,340	9,313
Commitments and contingencies
Common stock	3	3
Capital in excess of par value	2,617	2,637
Retained earnings	6,830	6,671
Accumulated other comprehensive loss	(564)	(551)
Common stock held in treasury, at cost	(1,836)	(1,812)
Total BorgWarner Inc. stockholders’ equity	7,050	6,948
Noncontrolling interest	288	314
Total equity	7,338	7,262
Total liabilities and equity	$ 16,678	$ 16,575