ACQUISITIONS AND DISPOSITIONS (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Fair Values of Assets Acquired and Liabilities

The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of July 29, 2022, the acquisition date:

(in millions)	Initial Allocation		Measurement Period Adjustments		Revised Allocation
ASSETS
Current assets	$	7	$	—	$	7
Goodwill	104		—		104
Other intangible assets, net	27		—		27
Other non-current assets	4		—		4
Total assets acquired	142		—		142
LIABILITIES
Current liabilities	3		—		3
Other non-current liabilities	8		—		8
Total liabilities assumed	11		—		11
Net assets acquired	$	131	$	—	$	131

The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of March 31, 2022, the acquisition date:

(in millions)	Initial Allocation		Measurement Period Adjustments		Revised Allocation
ASSETS
Current assets	$	8	$	(2)	$	6
Property, plant and equipment, net	9		2		11
Goodwill	132		(20)		112
Other intangible assets, net	87		—		87
Total assets acquired	236		(20)		216
LIABILITIES
Current liabilities	2		—		2
Other non-current liabilities	22		—		22
Total liabilities assumed	24		—		24
Net assets acquired	$	212	$	(20)	$	192

The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of the acquisition date and subsequent measurement period adjustments:

(in millions)	Initial Allocation		Measurement Period Adjustments		Final Allocation
ASSETS
Cash and cash equivalents (including restricted cash of $16 million)	$	29	$	—	$	29
Receivables, net	16		—		16
Inventories, net	42		(2)		40
Prepayments and other current assets	5		—		5
Property, plant and equipment, net	106		(3)		103
Goodwill	707		(3)		704
Other intangible assets, net	130		—		130
Other non-current assets	—		7		7
Total assets acquired	1,035		(1)		1,034
LIABILITIES
Notes payable and other short-term debt	8		—		8
Accounts payable	22		—		22
Other current liabilities	13		6		19
Long-term debt	69		—		69
Other non-current liabilities	39		(7)		32
Total liabilities assumed	151		(1)		150
Noncontrolling interests	96		—		96
Net assets and noncontrolling interest acquired	$	788	$	—	$	788

Schedule of Other Intangible Assets Acquired

The following table summarizes the other intangible assets acquired:

(in millions)	Estimated Life	Estimated Fair Value
Developed technology	13 years	$	22
Customer relationships	8 years	5
Total other intangible assets		$	27

The following table summarizes the other intangible assets acquired:

(in millions)	Estimated Life	Estimated Fair Value
Customer relationships	12 years	$	62
Manufacturing processes (know-how)	10 years	25
Total other intangible assets		$	87

The following table summarizes the other intangible assets acquired:

(in millions)	Estimated Life	Estimated Fair Value
Amortized intangible assets:
Developed technology	5 years	$	70
Customer relationships	11 years	25
Total amortized intangible assets		95
Unamortized trade names	Indefinite	35
Total other intangible assets		$	130

Schedule of Purchase Price Consideration

The following table summarizes the purchase price for Delphi Technologies:

(in millions, except for share data)
BorgWarner common stock issued for purchase of Delphi Technologies	37,188,819
BorgWarner share price at October 1, 2020	$	39.54
Fair value of stock consideration	$	1,470
Stock compensation consideration	7
Total stock consideration	$	1,477
Cash consideration	18
Repayment of Delphi Technologies’ debt	896
Total consideration	$	2,391

Schedule of Pro Forma Financial Information

The following table summarizes the net sales and earnings related to Delphi Technologies’ operations that have been included in the Company’s Consolidated Statement of Operations for the year ended December 31, 2020, following the October 1, 2020 acquisition date:

(in millions)
Net sales	$	1,120
Net earnings attributable to BorgWarner Inc.	$	30

The following table summarizes, on a pro forma basis, the combined results of operations of the Company and Delphi Technologies business as though the acquisition and the related financing had occurred as of January 1, 2019. The pro forma results are not necessarily indicative of either the actual consolidated results had the acquisition of Delphi Technologies occurred on January 1, 2019 or of future consolidated operating results. Actual operating results for the year ended December 31, 2022 and 2021 have been included in the table below for comparative purposes.

	Actual				Pro forma (unaudited)
	Year Ended December 31,
(in millions)	2022		2021		2020
Net sales	$	15,801	$	14,838	$	12,792
Net earnings attributable to BorgWarner Inc.	$	944	$	537	$	616