REPORTING SEGMENTS AND RELATED INFORMATION (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Net Sales and Total Assets by Reporting Segment

The following tables show segment information and Segment Adjusted Operating Income for the Company’s reporting segments:

Net Sales by Reporting Segment

	Three Months Ended September 30, 2022						Nine Months Ended September 30, 2022
(in millions)	Customers		Inter-segment		Net		Customers		Inter-segment		Net
Air Management	$	1,880	$	28	$	1,908	$	5,434	$	76	$	5,510
e-Propulsion & Drivetrain	1,327		44		1,371		3,776		141		3,917
Fuel Systems	528		72		600		1,531		176		1,707
Aftermarket	325		2		327		952		8		960
Inter-segment eliminations	—		(146)		(146)		—		(401)		(401)
Net sales	$	4,060	$	—	$	4,060	$	11,693	$	—	$	11,693

	Three Months Ended September 30, 2021						Nine Months Ended September 30, 2021
(in millions)	Customers		Inter-segment		Net		Customers		Inter-segment		Net
Air Management	$	1,551	$	25	$	1,576	$	5,145	$	78	$	5,223
e-Propulsion & Drivetrain	1,095		39		1,134		3,628		128		3,756
Fuel Systems	456		59		515		1,498		190		1,688
Aftermarket	314		2		316		912		8		920
Inter-segment eliminations	—		(125)		(125)		—		(404)		(404)
Net sales	$	3,416	$	—	$	3,416	$	11,183	$	—	$	11,183

Total Assets by Reporting Segment

(in millions)	September 30, 2022		December 31, 2021
Air Management	$	6,216	$	6,229
e-Propulsion & Drivetrain	5,225		5,163
Fuel Systems	2,059		2,282
Aftermarket	1,276		1,179
Total	14,776		14,853
Corporate	1,301		1,722
Consolidated	$	16,077	$	16,575

Schedule of Segment Earnings Before Interest and Income Taxes

Segment Adjusted Operating Income

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2022		2021		2022		2021
Air Management	$	277	$	214	$	755	$	791
e-Propulsion & Drivetrain	86		83		270		349
Fuel Systems	83		50		193		159
Aftermarket	49		43		139		123
Segment Adjusted Operating Income	495		390		1,357		1,422
Corporate, including stock-based compensation	57		54		182		201
Intangible asset amortization expense	24		25		74		65
Restructuring expense (Note 5)	8		51		50		143
Merger, acquisition and divestiture expense, net	8		8		40		36
Other non-comparable items	—		(1)		13		(3)
Loss (gain) on sale of business	9		—		(15)		7
Equity in affiliates’ earnings, net of tax	(10)		(12)		(29)		(40)
Unrealized (gain) loss on equity securities	(1)		61		27		337
Interest expense, net	12		18		42		75
Other postretirement income	(8)		(10)		(26)		(33)
Earnings before income taxes and noncontrolling interest	396		196		999		634
Provision for income taxes	104		79		252		149
Net earnings	292		117		$	747	$	485
Net earnings attributable to noncontrolling interest, net of tax	19		21		58		77
Net earnings attributable to BorgWarner Inc.	$	273	$	96	$	689	$	408