Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K |
| Net sales | 14,838.0 | 10,165.0 | 10,168.0 | 10,530.0 | 9,799.0 | 9,071.0 | 8,023.2 | 8,305.1 |
| Net sales growth | 46.0% | 0.0% | -3.4% | 7.5% | 8.0% | 13.1% | -3.4% | 11.7% |
| Cost of sales | 11,983.0 | 8,255.0 | 8,067.0 | 8,300.0 | 7,684.0 | 7,142.3 | | |
| Gross profit | 2,855.0 | 1,910.0 | 2,101.0 | 2,230.0 | 2,115.0 | 1,928.7 | 1,703.1 | 1,756.4 |
| Gross margin | 19.2% | 18.8% | 20.7% | 21.2% | 21.6% | 21.3% | 21.2% | 21.1% |
| Selling, general and administrative expenses | 1,460.0 | 951.0 | 873.0 | 946.0 | 899.0 | 818.0 | 662.0 | 698.9 |
| Restructuring expense | 163.0 | 203.0 | 72.0 | | | | | |
| Other operating expense, net | 81.0 | 138.0 | -147.0 | 94.0 | 144.0 | 137.5 | 152.8 | 93.8 |
| Operating income | 1,151.0 | 618.0 | 1,303.0 | 1,190.0 | 1,072.0 | 973.2 | 888.3 | 963.7 |
| Operating margin | 7.8% | 6.1% | 12.8% | 11.3% | 10.9% | 10.7% | 11.1% | 11.6% |
| Equity in affiliates’ earnings, net of tax | -48.0 | -18.0 | -32.0 | -49.0 | -51.0 | -42.9 | -40.0 | -47.3 |
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| Unrealized (gain) loss on equity securities | | | | | | | | |
| Interest expense, net | -93.0 | -61.0 | -43.0 | -59.0 | -71.0 | -84.6 | -60.4 | -36.4 |
| Earnings before income taxes and noncontrolling interest | 789.0 | 964.0 | 1,265.0 | 1,196.0 | 1,063.0 | 942.7 | 875.4 | 980.1 |
| Provision for income taxes | 150.0 | 397.0 | 468.0 | 211.0 | 580.0 | 306.0 | 261.5 | 292.6 |
| Net earnings | 639.0 | 567.0 | 797.0 | 985.0 | 483.0 | 636.7 | 613.9 | 687.5 |
| Net earnings attributable to noncontrolling interest, net of tax | 102.0 | 67.0 | 51.0 | 54.0 | 43.0 | 41.7 | 36.7 | 31.7 |
| Net earnings attributable to BorgWarner Inc. | 537.0 | 500.0 | 746.0 | 931.0 | 440.0 | 595.0 | 577.2 | 655.8 |
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| Earnings per share attributable to BorgWarner Inc. — basic (in dollar per share) | $2.25 | $2.35 | $3.63 | $4.47 | $2.09 | $2.78 | $2.57 | $2.89 |
| Earnings per share attributable to BorgWarner Inc. — diluted | $2.24 | $2.34 | $3.61 | $4.44 | $2.08 | $2.76 | $2.56 | $2.86 |
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| Weighted average shares outstanding: | | | | | | | | |
| Basic (in shares) | 238.1 | 213.0 | 205.7 | 208.2 | 210.4 | 214.4 | 224.4 | 227.2 |
| Diluted (in shares) | 239.5 | 214.0 | 206.8 | 209.5 | 211.5 | 215.3 | 225.6 | 228.9 |
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