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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 2,094 $ 1,534
Receivables, net 2,843 3,109
Inventories, net 1,251 1,313
Prepayments and other current assets 333 261
Total current assets 6,521 6,217
Property, plant and equipment, net 3,575 3,783
Investments and long-term receivables 356 364
Goodwill 2,357 3,013
Other intangible assets, net 474 564
Other non-current assets 710 512
Total assets 13,993 14,453
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 398 73
Accounts payable 2,032 2,546
Other current liabilities 1,216 1,148
Total current liabilities 3,646 3,767
Long-term debt 3,763 3,707
Retirement-related liabilities 137 146
Other non-current liabilities 741 767
Total liabilities 8,287 8,387
Commitments and contingencies
Capital stock:    
Preferred stock, $0.01 par value; authorized shares: 5,000,000; none issued and outstanding 0 0
Capital in excess of par value 2,674 2,689
Retained earnings 6,412 6,152
Accumulated other comprehensive loss (1,020) (828)
Common stock held in treasury, at cost: (2024 - 64,906,002 shares; 2023 - 53,792,081 shares) (2,537) (2,188)
Total BorgWarner Inc. stockholders’ equity 5,532 5,828
Noncontrolling interest 174 238
Total equity 5,706 6,066
Total liabilities and equity 13,993 14,453
Issued common stock    
Capital stock:    
Common stock 3 3
Nonvoting Common Stock    
Capital stock:    
Common stock $ 0 $ 0