XML 61 R49.htm IDEA: XBRL DOCUMENT v3.22.1
ACQUISITIONS - Narrative (Details)
€ / shares in Units, € in Millions, ¥ in Millions, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2022
USD ($)
Mar. 31, 2022
USD ($)
Mar. 31, 2022
CNY (¥)
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
EUR (€)
Mar. 31, 2022
CNY (¥)
Dec. 31, 2021
EUR (€)
Dec. 17, 2021
€ / shares
Oct. 25, 2021
USD ($)
Aug. 02, 2021
Jun. 04, 2021
USD ($)
Jun. 04, 2021
EUR (€)
Dec. 29, 2020
Sep. 30, 2019
USD ($)
May 31, 2019
USD ($)
Business Acquisition [Line Items]                                
Earn out payments, current   $ 16     $ 0                      
Earn out payments, noncurrent   24     0                      
Goodwill   3,388     3,279                      
Unrealized gain (loss) on investments   (39)   $ (272)                        
Equity securities   60     130                      
BorgWarner Romeo Power LLC                                
Business Acquisition [Line Items]                                
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure                   $ 30            
BorgWarner Romeo Power LLC | Corporate Joint Venture                                
Business Acquisition [Line Items]                                
Noncontrolling interest, ownership percentage by parent (in percent)                             60.00%  
Romeo Power Inc                                
Business Acquisition [Line Items]                                
Noncontrolling interest, ownership percentage by parent (in percent)                           14.00%    
Romeo Power Inc                                
Business Acquisition [Line Items]                                
Equity method interest (percent)                               20.00%
Unrealized gain (loss) on investments   (39)   $ (272)                        
Equity Securities, FV-NI         $ 70                      
BorgWarner Romeo Power LLC                                
Business Acquisition [Line Items]                                
Percent of ownership interest disposal 60.00%                              
Proceeds from divestiture of joint venture $ 29                              
Business combination fair value reduced by discount 5.00%                              
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure $ 30                              
BorgWarner Romeo Power LLC | Corporate Joint Venture                                
Business Acquisition [Line Items]                                
Payments for investments in equity securities                             $ 10  
Gain on Sale of Investments   $ 24                            
Senior Notes | 1.000% Senior Notes due 05/19/31 (€1,000 million par value)                                
Business Acquisition [Line Items]                                
Debt instrument stated interest rate                       1.00% 1.00%      
Santoll Automotive Components                                
Business Acquisition [Line Items]                                
Business acquisition, percentage of voting interests acquired   100.00%         100.00%                  
Business consideration   $ 212                            
Base purchase price   172 ¥ 1,100                          
Earn out payment liability   40 ¥ 250                          
Payments to acquire businesses   157                            
Business combination, consideration payable   15                            
Earn-out payments   47         ¥ 300                  
Goodwill   132                            
Other intangible assets, net   87                            
Santoll Automotive Components | Other Current Liabilities                                
Business Acquisition [Line Items]                                
Earn out payments, current   16                            
Santoll Automotive Components | Other Noncurrent Liabilities                                
Business Acquisition [Line Items]                                
Earn out payments, noncurrent   24                            
AKASOL                                
Business Acquisition [Line Items]                                
Business acquisition, percentage of voting interests acquired         93.00%     93.00%     100.00% 89.00% 89.00%      
Goodwill   704                   $ 707        
Other intangible assets, net   130                   130        
Amount of settlement paid                       788 € 648      
Financial liabilities assumed                       77 € 64      
Purchase of additional shares of AKASOL         $ 33 € 28                    
Share price (in euro per share) | € / shares                 € 119.16              
Noncontrolling interest   96     $ 58     € 51       $ 96        
Romeo Power Inc                                
Business Acquisition [Line Items]                                
Payments for investments in equity securities                               $ 50
Romeo Power Inc | Romeo Power Inc                                
Business Acquisition [Line Items]                                
Equity Securities, FV-NI   $ 31