STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2024

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

The changes of the Stockholders’ Equity items during the three and nine months ended September 30, 2024 and 2023, 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		Total
Balance, June 30, 2024	$	3	$	2,645	$	(2,237)	$	6,620	$	(938)	$	192	$	6,285
Dividends declared ($0.11 per share*)	—		—		—		(24)		—		(22)		(46)
Issuance for executive stock plan, net of tax	—		8		—		—		—		—		8
Issuance of restricted stock, net of tax	—		4		5		—		—		—		9
Purchase of treasury stock	—		—		(304)		—		—		—		(304)
Net earnings	—		—		—		234		—		15		249
Other comprehensive income	—		—		—		—		130		11		141
Spin-Off of PHINIA	—		—		—		10		—		—		10
Balance, September 30, 2024	$	3	$	2,657	$	(2,536)	$	6,840	$	(808)	$	196	$	6,352

	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		Total
Balance, June 30, 2023	$	3	$	2,657	$	(2,007)	$	7,796	$	(898)	$	230	$	7,781
Dividends declared ($0.11 per share*)	—		—		—		(26)		—		(5)		(31)
Issuance for executive stock plan, net of tax	—		10		—		—		—		—		10
Issuance of restricted stock, net of tax	—		13		(3)		—		—		—		10
Net earnings	—		—		—		50		—		18		68
Other comprehensive loss	—		—		—		—		(1)		(4)		(5)
Spin-Off of PHINIA	—		—		—		(1,810)		(16)		—		(1,826)
Balance, September 30, 2023	$	3	$	2,680	$	(2,010)	$	6,010	$	(915)	$	239	$	6,007

	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		Total
Balance, December 31, 2023	$	3	$	2,689	$	(2,188)	$	6,152	$	(828)	$	238	$	6,066
Dividends declared ($0.22 per share*)	—		—		—		(74)		—		(89)		(163)
Issuance for executive stock plan, net of tax	—		(14)		21		—		—		—		7
Issuance of restricted stock, net of tax	—		(18)		35		—		—		—		17
Purchase of treasury stock	—		—		(404)		—		—		—		(404)
Net earnings	—		—		—		743		—		44		787
Other comprehensive income	—		—		—		—		20		3		23
Spin-Off of PHINIA	—		—		—		19		—		—		19
Balance, September 30, 2024	$	3	$	2,657	$	(2,536)	$	6,840	$	(808)	$	196	$	6,352

	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		Total
Balance, December 31, 2022	$	3	$	2,675	$	(2,032)	$	7,454	$	(876)	$	284	$	7,508
Dividends declared ($0.45 per share*)	—		—		—		(105)		—		(63)		(168)
Issuance for executive stock plan, net of tax	—		10		5		—		—		—		15
Issuance of restricted stock, net of tax	—		(3)		17		—		—		—		14
Purchase of noncontrolling interest	—		(2)		—		—		—		(13)		(15)
Net earnings	—		—		—		471		—		49		520
Other comprehensive loss	—		—		—		—		(23)		(18)		(41)
Spin-Off of PHINIA	—		—		—		(1,810)		(16)		—		(1,826)
Balance, September 30, 2023	$	3	$	2,680	$	(2,010)	$	6,010	$	(915)	$	239	$	6,007

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