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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES OF CONTINUING OPERATIONS      
Net cash provided by operating activities (see Note 25) $ 1,382 $ 1,397 $ 1,180
INVESTING ACTIVITIES OF CONTINUING OPERATIONS      
Capital expenditures, including tooling outlays (671) (832) (622)
Customer advances related to capital expenditures 18 0 0
Payments for businesses acquired, net of cash acquired 0 (109) (312)
Proceeds from sale of businesses, net of cash divested 8 9 27
Proceeds from settlement of net investment hedges, net 46 25 40
(Payments for) proceeds from investments in debt and equity securities, net (8) 284 (473)
Proceeds from asset disposals and other, net 4 30 20
Net cash used in investing activities from continuing operations (603) (593) (1,320)
FINANCING ACTIVITIES OF CONTINUING OPERATIONS      
Additions to debt 1,008 18 5
Repayments of debt, including current portion (525) (451) (13)
Payments for debt issuance costs (9) (3) 0
Payments for purchase of treasury stock (402) (177) (240)
Payments for stock-based compensation items (23) (25) (18)
Payments for business acquired, net of cash acquired 4    
Payments for contingent consideration (1) (23) 0
Purchase of noncontrolling interest 0 (15) (56)
Net distribution from PHINIA 0 401 0
Dividends paid to BorgWarner stockholders (98) (130) (161)
Dividends paid to noncontrolling stockholders (113) (116) (81)
Net cash used in financing activities from continuing operations (167) (521) (564)
CASH FLOWS FROM DISCONTINUED OPERATIONS      
Operating activities of discontinued operations (30) (85) 390
Investing activities of discontinued operations 0 (86) (99)
Financing activities of discontinued operations 0 84 (3)
Net cash (used in) provided by discontinued operations (30) (87) 288
Effect of exchange rate changes on cash (22) 0 (90)
Net increase (decrease) in cash, cash equivalents and restricted cash 560 196 (506)
Cash, cash equivalents and restricted cash at beginning of year 1,534 1,338 1,844
Cash, cash equivalents and restricted cash at end of year 2,094 1,534 1,338
Less: Cash and cash equivalents of discontinued operations at end of year 0 0 255
Cash and cash equivalents $ 2,094 $ 1,534 $ 1,083