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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
The changes of the Stockholders’ Equity items during the three and six months ended June 30, 2023 and 2022, 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, 2023$$2,661 $(2,031)$7,632 $(824)$238 
Dividends declared ($0.17 per share*)
— — — (40)— — 
Net issuance for executive stock plan— 10 — — — — 
Net issuance of restricted stock— (12)24 — — — 
Purchase of noncontrolling interest— (2)— — — (13)
Net earnings— — — 204 — 18 
Other comprehensive loss— — — — (74)(13)
Balance, June 30, 2023$$2,657 $(2,007)$7,796 $(898)$230 
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, December 31, 2022$$2,675 $(2,032)$7,454 $(876)$284 
Dividends declared ($0.34 per share*)
— — — (79)— (58)
Net issuance for executive stock plan— — — — — 
Net issuance of restricted stock— (16)20 — — — 
Purchase of noncontrolling interest— (2)— — — (13)
Net earnings— — — 421 — 31 
Other comprehensive loss— — — — (22)(14)
Balance, June 30, 2023$$2,657 $(2,007)$7,796 $(898)$230 

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$$2,637 $(1,812)$6,671 $(551)$314 
Dividends declared ($0.34 per share*)
— — — (82)— (49)
Net issuance for executive stock plan— — — — — 
Net issuance of restricted stock— (5)11 — — — 
Purchase/sale of noncontrolling interest— — — — (4)
Purchase of treasury stock— — (140)— — — 
Net earnings— — — 416 — 39 
Other comprehensive loss— — — — (265)(18)
Balance, June 30, 2022$$2,633 $(1,936)$7,005 $(816)$282 
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* Per share dividends amount declared relate to BorgWarner common stock.