CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
ASSETS
Cash, cash equivalents and restricted cash	$ 2,041	$ 2,094
Receivables, net	3,198	2,843
Inventories	1,216	1,251
Prepayments and other current assets	323	333
Total current assets	6,778	6,521
Property, plant and equipment, net	3,602	3,575
Investments and long-term receivables	367	356
Goodwill	2,467	2,357
Other intangible assets, net	430	474
Other non-current assets	755	710
Total assets	14,399	13,993
LIABILITIES AND EQUITY
Short-term debt	6	398
Accounts payable	2,093	2,032
Other current liabilities	1,253	1,216
Total current liabilities	3,352	3,646
Long-term debt	3,901	3,763
Retirement-related liabilities	148	137
Other non-current liabilities	929	741
Total liabilities	8,330	8,287
Commitments and contingencies
Common stock	3	3
Capital in excess of par value	2,640	2,674
Retained earnings	6,745	6,412
Accumulated other comprehensive loss	(868)	(1,020)
Common stock held in treasury, at cost	(2,597)	(2,537)
Total BorgWarner Inc. stockholders’ equity	5,923	5,532
Noncontrolling interest	146	174
Total equity	6,069	5,706
Total liabilities and equity	$ 14,399	$ 13,993