STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2022

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

The changes of the Stockholders’ Equity items during the three and nine months ended September 30, 2022 and 2021, are as follows:

	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, June 30, 2022	$	3	$	2,633	$	(1,936)	$	7,005	$	(816)	$	282
Dividends declared ($0.17 per share*)	—		—		—		(39)		—		(15)
Net issuance for executive stock plan	—		6		(1)		—		—		—
Net issuance of restricted stock	—		11		(2)		—		—		—
Purchase of treasury stock	—		—		(100)		—		—		—
Net earnings	—		—		—		273		—		19
Other comprehensive loss	—		—		—		—		(262)		(24)
Balance, September 30, 2022	$	3	$	2,650	$	(2,039)	$	7,239	$	(1,078)	$	262

	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, June 30, 2021	$	3	$	2,602	$	(1,810)	$	6,527	$	(673)	$	373
Dividends declared ($0.17 per share*)	—		—		—		(41)		—		(14)
Net issuance for executive stock plan	—		6		—		—		—		—
Net issuance of restricted stock	—		9		—		—		—		—
Net earnings	—		—		—		96		—		21
Other comprehensive income	—		—		—		—		(73)		(6)
Balance, September 30, 2021	$	3	$	2,617	$	(1,810)	$	6,582	$	(746)	$	374

	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, December 31, 2021	$	3	$	2,637	$	(1,812)	$	6,671	$	(551)	$	314
Dividends declared ($0.51 per share*)	—		—		—		(121)		—		(64)
Net issuance for executive stock plan	—		6		4		—		—		—
Net issuance of restricted stock	—		6		9		—		—		—
Purchase of treasury stock	—		—		(240)		—		—		—
Purchase/sale of noncontrolling interest	—		1		—		—		—		(4)
Net earnings	—		—		—		689		—		58
Other comprehensive loss	—		—		—		—		(527)		(42)
Balance, September 30, 2022	$	3	$	2,650	$	(2,039)	$	7,239	$	(1,078)	$	262

	BorgWarner Inc. stockholders' equity
(in millions)	Issued common stock		Capital in excess of par value		Treasury stock		Retained earnings		Accumulated other comprehensive income (loss)		Noncontrolling interests
Balance, December 31, 2020	$	3	$	2,614	$	(1,834)	$	6,296	$	(651)	$	296
Dividends declared ($0.51 per share*)	—		—		—		(122)		—		(51)
Net issuance for executive stock plan	—		7		3		—		—		—
Net issuance of restricted stock	—		(4)		21		—		—		—
Purchase of noncontrolling interest	—		—		—		—		—		(33)
Acquisition of AKASOL	—		—		—		—		—		96
Net earnings	—		—		—		408		—		77
Other comprehensive loss	—		—		—		—		(95)		(11)
Balance, September 30, 2021	$	3	$	2,617	$	(1,810)	$	6,582	$	(746)	$	374

__________________________________

* Per share dividends amount declared relate to BorgWarner common stock.