XML 55 R44.htm IDEA: XBRL DOCUMENT v3.22.2
STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Schedule of stockholders equity
The changes of the Stockholders’ Equity items during the three and six months ended June 30, 2022 and 2021, are as follows:

BorgWarner Inc. stockholders' equity
(in millions)Issued common stockCapital in excess of par valueTreasury stockRetained earningsAccumulated other comprehensive income (loss)Noncontrolling interests
Balance, March 31, 2022$$2,617 $(1,836)$6,830 $(564)$288 
Dividends declared ($0.17 per share*)
— — — (41)— (4)
Net issuance for executive stock plan— — — — 
Net issuance of restricted stock— 10 (1)— — — 
Purchase of treasury stock— — (100)— — — 
Net earnings— — — 216 — 15 
Other comprehensive loss— — — — (252)(17)
Balance, June 30, 2022$$2,633 $(1,936)$7,005 $(816)$282 

BorgWarner Inc. stockholders' equity
(in millions)Issued common stockCapital in excess of par valueTreasury stockRetained earningsAccumulated other comprehensive income (loss)Noncontrolling interests
Balance, March 31, 2021$$2,589 $(1,810)$6,321 $(736)$287 
Dividends declared ($0.17 per share*)
— — — (41)— (4)
Net issuance for executive stock plan— — — — — 
Net issuance of restricted stock— 10 — — — — 
Purchase of noncontrolling interest— — — — — (33)
Acquisition of AKASOL— — — — — 96 
Net earnings— — — 247 — 27 
Other comprehensive income— — — — 63 — 
Balance, June 30, 2021$$2,602 $(1,810)$6,527 $(673)$373 

BorgWarner Inc. stockholders' equity
(in millions)Issued common stockCapital in excess of par valueTreasury stockRetained earningsAccumulated other comprehensive income (loss)Noncontrolling interests
Balance, December 31, 2021$$2,637 $(1,812)$6,671 $(551)$314 
Dividends declared ($0.34 per share*)
— — — (82)— (49)
Net issuance for executive stock plan— — — — — 
Net issuance of restricted stock— (5)11 — — — 
Purchase of treasury stock— — (140)— — — 
Purchase/sale of noncontrolling interest— — — — (4)
Net earnings— — — 416 — 39 
Other comprehensive loss— — — — (265)(18)
Balance, June 30, 2022$$2,633 $(1,936)$7,005 $(816)$282 
BorgWarner Inc. stockholders' equity
(in millions)Issued common stockCapital in excess of par valueTreasury stockRetained earningsAccumulated other comprehensive income (loss)Noncontrolling interests
Balance, December 31, 2020$$2,614 $(1,834)$6,296 $(651)$296 
Dividends declared ($0.34 per share*)
— — — (81)— (37)
Net issuance for executive stock plan— — — — 
Net issuance of restricted stock— (13)21 — — — 
Purchase of noncontrolling interest— — — — — (33)
Acquisition of AKASOL— — — — — 96 
Net earnings— — — 312 — 56 
Other comprehensive loss— — — — (22)(5)
Balance, June 30, 2021$$2,602 $(1,810)$6,527 $(673)$373 
__________________________________
* Per share dividends amount declared relate to BorgWarner common stock.