CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 2,000	$ 1,534
Receivables, net	3,215	3,109
Inventories, net	1,366	1,313
Prepayments and other current assets	275	261
Total current assets	6,856	6,217
Property, plant and equipment, net	3,814	3,783
Investments and long-term receivables	350	364
Goodwill	3,027	3,013
Other intangible assets, net	514	564
Other non-current assets	576	512
Total assets	15,137	14,453
LIABILITIES AND EQUITY
Short-term debt	398	73
Accounts payable	2,176	2,546
Other current liabilities	1,144	1,148
Total current liabilities	3,718	3,767
Long-term debt	4,195	3,707
Retirement-related liabilities	146	146
Other non-current liabilities	726	767
Total liabilities	8,785	8,387
Commitments and contingencies
Common stock	3	3
Capital in excess of par value	2,657	2,689
Retained earnings	6,840	6,152
Accumulated other comprehensive loss	(808)	(828)
Common stock held in treasury, at cost	(2,536)	(2,188)
Total BorgWarner Inc. stockholders’ equity	6,156	5,828
Noncontrolling interest	196	238
Total equity	6,352	6,066
Total liabilities and equity	$ 15,137	$ 14,453