Borgwarner inc. (BWA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net sales

2,279

2,559

2,492

2,551

2,566

2,574

2,478

2,694

2,784

2,586

2,416

2,389

2,407

2,259

2,214

2,329

2,268

2,123

1,884

2,031

1,984

1,991

2,032

2,197

2,084

1,885

1,806

1,893

1,851

1,719

1,695

1,856

1,912

1,773

1,791

1,818

1,730

1,533

1,410

1,421

1,286

1,198

1,027

916

819

1,316

1,516

Cost of sales

1,832

2,014

1,968

2,038

2,047

2,030

1,963

2,114

2,193

2,021

1,894

1,876

1,890

1,758

1,743

1,832

1,804

1,676

1,485

1,602

1,555

1,578

1,607

1,724

1,638

1,478

1,426

1,497

1,476

1,374

1,351

1,473

1,516

1,414

1,441

1,461

1,387

1,227

1,137

1,146

1,048

985

876

800

739

1,114

1,237

Gross profit

447

545

524

513

519

544

515

580

591

564

521

512

516

501

471

496

464

446

398

429

429

413

424

472

445

406

379

396

374

344

343

383

395

359

350

357

342

306

273

275

238

213

151

116

79

202

278

Selling, general and administrative expenses

213

205

230

212

226

226

230

237

253

240

225

215

219

217

209

202

188

178

148

167

168

169

174

181

173

167

157

155

159

156

151

153

169

146

151

157

165

148

150

137

130

144

125

115

74

134

159

Restructuring expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

-

25

0

Other Operating Income (Expense), Net

-45

138

-18

-16

-29

-52

-7

-30

-5

-117

-22

0

-5

9

-109

-25

-11

-68

-13

-19

-1

-31

-12

-11

-38

-51

3

2

-16

-17

-29

-36

-1

-21

-0

28

1

-0

-0

-20

-1

1

-1

-

-

-0

0

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

-

Operating income

189

478

276

285

264

266

278

313

333

207

274

298

291

293

151

269

264

200

237

242

259

212

237

280

233

187

225

243

198

170

163

193

225

191

198

228

179

157

123

117

106

67

27

-49

5

-103

118

Equity in affiliates’ earnings, net of tax

5

7

7

9

9

11

15

13

10

12

14

14

9

11

-12

10

9

11

8

11

8

11

14

12

8

12

10

11

9

10

11

12

9

10

11

8

8

9

10

10

9

-10

-6

-4

-0

-9

-11

Interest income

2

3

4

2

3

2

1

1

2

1

1

1

1

1

1

1

1

2

2

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

2

2

Interest expense

12

12

15

14

14

14

14

15

16

16

17

18

18

19

22

21

21

17

15

17

10

10

9

9

8

7

8

8

9

6

5

12

15

17

18

20

18

22

18

14

14

16

13

9

19

11

10

Other postretirement income

-2

1

-1

27

0

-2

-3

-2

-3

-1

-1

-1

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings before income taxes and noncontrolling interest

186

475

273

255

262

267

283

314

332

206

274

297

285

286

143

259

253

196

232

237

259

214

244

285

235

193

229

246

199

175

170

194

221

185

193

217

170

146

115

113

102

62

21

-53

-12

-103

122

Provision for income taxes

49

238

66

73

91

19

67

30

95

338

79

76

86

92

49

84

80

61

66

80

72

67

71

85

68

44

56

66

50

48

64

68

57

58

46

49

40

30

4

26

20

5

1

-19

-6

24

29

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

137

237

207

182

171

248

216

284

237

-132

194

221

199

194

94

175

173

135

165

157

187

147

173

199

167

149

172

180

148

126

105

126

163

127

146

167

129

115

111

87

81

56

20

-33

-6

-128

92

Net earnings attributable to the noncontrolling interest, net of tax

8

17

13

10

11

18

12

12

12

14

9

9

10

11

9

11

9

10

8

9

8

7

6

9

8

8

6

6

6

5

4

5

5

5

5

5

4

3

4

4

5

3

2

2

0

2

4

Net Income (Loss) Attributable to Parent

129

220

194

172

160

230

204

272

225

-146

184

212

189

182

84

164

164

125

157

148

178

139

166

190

159

141

166

174

142

121

101

120

158

122

141

162

124

111

106

82

76

52

17

-35

-7

-130

87

Earnings Per Share, Basic

0.63

1.07

0.94

0.84

0.77

1.11

0.98

1.30

1.07

-0.70

0.88

1.01

0.89

0.86

0.40

0.76

0.75

0.57

0.70

0.66

0.79

0.62

0.73

0.84

0.70

0.62

0.73

0.76

0.62

0.52

0.44

0.54

0.73

1.12

1.30

1.49

1.13

1.00

0.95

0.72

0.65

0.45

0.15

-0.31

-0.06

-1.12

0.75

Earnings Per Share, Diluted

0.63

1.06

0.94

0.83

0.77

1.10

0.98

1.30

1.07

-0.70

0.88

1.00

0.89

0.86

0.39

0.76

0.75

0.56

0.70

0.65

0.79

0.61

0.73

0.83

0.69

0.62

0.72

0.75

0.61

0.51

0.43

0.50

0.64

1.00

1.15

1.31

1.00

0.89

0.87

0.68

0.63

0.45

0.15

-0.31

-0.06

-1.12

0.74

Weighted Average Number of Shares Outstanding [Abstract]
Weighted Average Number of Shares Outstanding, Basic

205

205

205

205

206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

116

Weighted Average Number of Shares Outstanding, Diluted

206

206

206

206

207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

118

Dividends declared per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.11

0.11