BorgWarner (BWA) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	1-12162
Entity Registrant Name	BORGWARNER INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-3404508
Entity Address, Address Line One	3850 Hamlin Road,
Entity Address, City or Town	Auburn Hills,
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48326
City Area Code	248
Local Phone Number	754-9200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		239,574,862
Entity Central Index Key	0000908255
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Common Stock, par value $0.01 per share
Document Information [Line Items]
Title of each class	Common Stock, par value $0.01 per share
Trading Symbol(s)	BWA
Name of each exchange on which registered	NYSE
Senior Notes
Document Information [Line Items]
Title of each class	1.00% Senior Notes due 2031
Trading Symbol(s)	BWA31
Name of each exchange on which registered	NYSE

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 1,501	$ 1,841
Restricted cash	3	3
Receivables, net	3,166	2,898
Inventories, net	1,644	1,534
Prepayments and other current assets	326	321
Total current assets	6,640	6,597
Property, plant and equipment, net	4,337	4,395
Investments and long-term receivables	473	530
Goodwill	3,388	3,279
Other intangible assets, net	1,147	1,091
Other non-current assets	693	683
Total assets	16,678	16,575
LIABILITIES AND EQUITY
Notes payable and other short-term debt	64	66
Accounts payable	2,465	2,276
Other current liabilities	1,330	1,456
Total current liabilities	3,859	3,798
Long-term debt	4,223	4,261
Retirement-related liabilities	270	290
Other non-current liabilities	988	964
Total liabilities	9,340	9,313
Commitments and contingencies
Common stock	3	3
Capital in excess of par value	2,617	2,637
Retained earnings	6,830	6,671
Accumulated other comprehensive loss	(564)	(551)
Common stock held in treasury, at cost	(1,836)	(1,812)
Total BorgWarner Inc. stockholders’ equity	7,050	6,948
Noncontrolling interest	288	314
Total equity	7,338	7,262
Total liabilities and equity	$ 16,678	$ 16,575

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Net sales	$ 3,874	$ 4,009
Cost of sales	3,124	3,191
Gross profit	750	818
Selling, general and administrative expenses	388	377
Restructuring expense	15	30
Other operating (income) expense, net	(5)	8
Operating income	352	403
Equity in affiliates’ earnings, net of tax	(8)	(12)
Unrealized loss on equity securities	39	272
Interest expense, net	15	18
Other postretirement income	(9)	(11)
Earnings before income taxes and noncontrolling interest	315	136
Provision for income taxes	91	42
Net earnings	224	94
Net earnings attributable to noncontrolling interest, net of tax	24	29
Net earnings attributable to BorgWarner Inc.	$ 200	$ 65
Earnings per share attributable to BorgWarner Inc. — basic (in dollar per share)	$ 0.84	$ 0.27
Earnings per share attributable to BorgWarner Inc. — diluted (in dollar per share)	$ 0.84	$ 0.27
Weighted average shares outstanding:
Basic (in shares)	238.2	237.7
Diluted (in shares)	239	238.4

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net earnings attributable to BorgWarner Inc.		$ 200	$ 65
Other comprehensive income (loss)
Foreign currency translation adjustments	[1]	(18)	(87)
Hedge instruments	[1]	0	(6)
Defined benefit postretirement plans	[1]	5	8
Total other comprehensive loss attributable to BorgWarner Inc.		(13)	(85)
Comprehensive income (loss) attributable to BorgWarner Inc.	[1]	187	(20)
Net earnings attributable to noncontrolling interest, net of tax		24	29
Other comprehensive loss attributable to noncontrolling interest	[1]	(1)	(5)
Comprehensive income		$ 210	$ 4
[1]	Net of income taxes.

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
OPERATING
Net cash provided by operating activities	$ 116	$ 342
INVESTING
Capital expenditures, including tooling outlays	(177)	(195)
Capital expenditures for damage to property, plant and equipment	0	(2)
Payments for businesses acquired, net of cash acquired	(157)	0
Proceeds from settlement of net investment hedges, net	12	11
Proceeds from (payments for) investments in equity securities	30	(2)
Proceeds from the sale of business, net	25	0
Proceeds from asset disposals and other, net	13	3
Net cash used in investing activities	(254)	(185)
FINANCING
Net increase in notes payable	0	7
Additions to debt	0	22
Payments for debt issuance costs	0	(1)
Repayments of debt, including current portion	(2)	(26)
Payments for purchase of treasury stock	(40)	0
Payments for stock-based compensation items	(17)	(13)
Purchase of noncontrolling interest	(59)	0
Dividends paid to BorgWarner stockholders	(41)	(40)
Dividends paid to noncontrolling stockholders	(36)	0
Net cash used in financing activities	(195)	(51)
Effect of exchange rate changes on cash	(7)	(1)
Net (decrease) increase in cash, cash equivalents and restricted cash	(340)	105
Cash, cash equivalents and restricted cash at beginning of year	1,844	1,650
Cash, cash equivalents and restricted cash at end of period	$ 1,504	$ 1,755

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying unaudited Condensed Consolidated Financial Statements of BorgWarner Inc. and Consolidated Subsidiaries (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes necessary for a comprehensive presentation of financial position, results of operations and cash flow activity required by GAAP for complete financial statements. In the opinion of management, all normal recurring adjustments necessary for a fair statement of results have been included. Certain prior period amounts have been reclassified to conform to the current period presentation. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. The balance sheet as of December 31, 2021 was derived from the audited financial statements as of that date. For further information, refer to the Consolidated Financial Statements and Footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and accompanying notes, as well as the amounts of revenues and expenses reported during the periods covered by those financial statements and accompanying notes. Actual results could differ from these estimates. COVID-19 Pandemic and Other Supply Disruptions

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS In November 2021, the FASB issued ASU No. 2021-10, “Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance.” It is expected to increase transparency in financial reporting by requiring business entities to disclose information about certain types of government assistance they receive. The amendments require the following annual disclosures about transactions with a government: (i) information about the nature of the transactions and the related accounting policy used to account for the transactions; (ii) the line items on the balance sheet and income statement that are affected by the transactions, and the amounts applicable to each financial statement line item; and (iii) significant terms and conditions of the transactions, including commitments and contingencies. This guidance was effective for annual reporting periods beginning after December 15, 2021. The Company adopted this guidance prospectively as of January 1, 2022, and there was no impact on these Condensed Consolidated Financial Statements; however, the Company will include the annual disclosures as required in its Annual Report on Form 10-K for the year ended December 31, 2022. In October 2021, the FASB issued ASU No. 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” It requires entities to apply ASC Topic 606 to recognize and measure contract assets and contract liabilities in a business combination.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	ACQUISITIONS In accordance with ASC Topic 805, “Business Combinations,” acquisitions are recorded using the acquisition method of accounting. The Company recognizes and measures the acquisition date fair value of the identifiable assets acquired, liabilities assumed, and any non-controlling interest using a range a methodologies as indicated by generally accepted valuation practices. Various valuation techniques are used to determine the fair value of intangible assets, with the primary techniques being forms of the income approach, specifically the relief-from-royalty and multi-period excess earnings valuation methods. Under these valuation approaches, the Company is required to make estimates and assumptions from a market participant perspective and may include revenue growth rates, estimated earnings, royalty rates, obsolescence factors, contributory asset charges, customer attrition and discount rates. Santroll Automotive Components On March 31, 2022, the Company completed its acquisition of 100% of Santroll Automotive Components (“Santroll”), a carve-out of Santroll Electric Auto’s eMotor business, pursuant to the terms of an Equity Transfer Agreement (“ETA”). The total consideration is $212 million, including approximately ¥1.1 billion ($172 million) of base purchase price and ¥0.25 billion ($40 million) of estimated earn-out payments. The Company paid $157 million of base purchase price in the three months ended March 31, 2022. The remaining $15 million of base purchase price is payable in May 2022 and is recorded in Other current liabilities in the Company’s Condensed Consolidated Balance Sheet as of March 31, 2022. Pursuant to the ETA, the obligation of the Company to remit up to ¥0.3 billion (approximately $47 million) of earn-out payments is contingent upon achievement of certain sales volume targets and certain estimated future volume targets associated with newly awarded business. As of March 31, 2022, the Company’s current estimate of the earn-out payments is approximately $40 million, of which $16 million is recorded in Other current liabilities and $24 million in Other non-current liabilities in the Company’s Condensed Consolidated Balance Sheet. The acquisition is expected to strengthen the Company’s vertical integration, scale and portfolio breadth in light vehicle eMotors while allowing for increased speed to market. The purchase price was allocated on a provisional basis as of March 31, 2022. Assets acquired and liabilities assumed were recorded at estimated fair values based on management’s preliminary estimates, available information, and supportable assumptions that management considered reasonable. Certain estimated values for the acquisition, including goodwill, tangible and intangible assets and deferred taxes, are not yet finalized, and the provisional purchase price allocations are subject to change as the Company completes its analysis of the fair value at the date of acquisition. The final valuation of assets acquired and liabilities assumed may be materially different from the estimated values shown below. The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of March 31, 2022, the acquisition date: (in millions) Initial Allocation ASSETS Receivables, net $ 7 Inventories, net 1 Property, plant and equipment, net 9 Goodwill 132 Other intangible assets, net 87 Total assets acquired 236 LIABILITIES Accounts payable 2 Other non-current liabilities 22 Total liabilities assumed 24 Net assets acquired $ 212 Any excess of the purchase price over the estimated fair value of net assets was recognized as goodwill. Goodwill of $132 million was recorded within the Company’s e-Propulsion & Drivetrain segment. The goodwill consists of the Company’s expected future economic benefits that will arise from future product sales and the added capabilities from vertical integration of eMotors. The goodwill is not expected to be deductible for tax purposes. In connection with the acquisition, the Company preliminarily recorded $87 million for intangible assets, primarily for customer relationships and manufacturing processes (know-how). As described above, various valuation techniques were used to determine the provisional fair value of intangible assets. Management used a third-party valuation firm to assist in the determination of the provisional purchase accounting fair values; however, management ultimately oversees the third-party valuation firm to ensure that the transaction-specific assumptions are appropriate for the Company. The impact of the Santroll acquisition on net sales and net earnings was immaterial for the three months ended March 31, 2022. Due to its insignificant size relative to the Company, supplemental pro forma financial information of the combined entity for the current and prior reporting periods is not provided. AKASOL AG On June 4, 2021, the Company completed its voluntary public takeover offer for shares of AKASOL AG (“AKASOL”), resulting in ownership of 89% of AKASOL’s outstanding shares. The Company paid approximately €648 million ($788 million) to settle the offer from current cash balances, which included proceeds received from its public offering of 1.00% Senior Notes due 2031 completed on May 19, 2021. Following the settlement of the offer, AKASOL became a consolidated majority-owned subsidiary of the Company. Upon that settlement, the Company also consolidated approximately €64 million ($77 million) of gross debt of AKASOL. Subsequent to the completion of the voluntary public takeover offer, the Company purchased additional shares of AKASOL for €28 million ($33 million) increasing its ownership to 93% as of December 31, 2021. The acquisition further strengthens BorgWarner’s commercial vehicle and industrial electrification capabilities, which positions the Company to capitalize on what it believes to be a fast-growing battery module and pack market. On August 2, 2021, the Company initiated a merger squeeze-out process under German law for the purpose of acquiring 100% of AKASOL. On December 17, 2021, the shareholders of AKASOL voted to mandatorily transfer to ABBA BidCo. AG, a wholly owned indirect subsidiary of the Company, each issued and outstanding share of AKASOL held by shareholders that did not tender their shares in the Company’s previously completed exchange offer for AKASOL shares (the “Squeeze Out”). In exchange for the AKASOL shares transferred in the Squeeze Out, the Company paid appropriate cash compensation, in the amount of €119.16 per share, which was determined after an assessment by a third-party valuation firm, the adequacy of which was examined by an independent, court-appointed auditor. At December 31, 2021, the noncontrolling interest in AKASOL of approximately €51 million ($58 million) to be acquired through the Squeeze Out was reclassified to Other current liabilities in the Company’s Condensed Consolidated Balance Sheet as it was deemed mandatorily redeemable. No shareholder objections were filed during the statutory contestation period, and on February 10, 2022, the Company completed the registration of the Squeeze Out resulting in 100% ownership. The Company settled the Squeeze Out with AKASOL minority shareholders in the first quarter of 2022. The purchase price was allocated on a preliminary basis as of June 4, 2021. Assets acquired and liabilities assumed were recorded at estimated fair values based on management’s estimates, available information, and supportable assumptions that management considered reasonable. Certain estimated values for the acquisition, including goodwill and deferred taxes, are not yet finalized, and the preliminary purchase price allocations are subject to change as the Company completes its analysis of the fair value at the date of acquisition. The final valuation of assets acquired and liabilities assumed may be materially different from the estimated values shown below. The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of June 4, 2021, the acquisition date: (in millions) Initial Allocation Measurement Period Adjustments Revised Allocation ASSETS Cash and cash equivalents (including restricted cash of $16 million) $ 29 $ — $ 29 Receivables, net 16 — 16 Inventories, net 42 (2) 40 Prepayments and other current assets 5 — 5 Property, plant and equipment, net 106 (3) 103 Goodwill 707 (3) 704 Other intangible assets, net 130 — 130 Other non-current assets — 7 7 Total assets acquired 1,035 (1) 1,034 LIABILITIES Notes payable and other short-term debt 8 — 8 Accounts payable 22 — 22 Other current liabilities 13 6 19 Long-term debt 69 — 69 Other non-current liabilities 39 (7) 32 Total liabilities assumed 151 (1) 150 Noncontrolling interest 96 — 96 Net assets and noncontrolling interest acquired $ 788 $ — $ 788 Any excess of the purchase price over the estimated fair value of net assets was recognized as goodwill. Goodwill of $704 million, including the impact of measurement period adjustments, was recorded within the Company’s Air Management segment. The goodwill consists of the Company’s expected future economic benefits that will arise from acquiring this business, which is established in making next-generation products for electric vehicles and the potential development and deployment of future technologies, across a global customer base, in this market and across adjacent industries. The goodwill is not expected to be deductible for tax purposes. The following table summarizes the other intangible assets acquired: (in millions) Estimated Life Estimated Fair Value Amortized intangible assets: Developed technology 5 years $ 70 Customer relationships 11 years 25 Total amortized intangible assets 95 Unamortized trade name Indefinite 35 Total other intangible assets $ 130 The property, plant and equipment acquired were valued using a combination of cost and market approaches. Goodwill and identifiable intangible assets were valued using the income approach. Noncontrolling interests were valued using a market approach. Management used a third-party valuation firm to assist in the determination of the preliminary purchase accounting fair values; however, management ultimately oversees the third-party valuation firm to ensure that the transaction-specific assumptions are appropriate for the Company. Due to its insignificant size relative to the Company, supplemental pro forma financial information of the combined entity for the current and prior reporting periods is not provided. Romeo Power, Inc. In May 2019, the Company invested $50 million in exchange for a 20% equity interest in Romeo Systems, Inc., now known as Romeo Power, Inc., (“Romeo”) a technology-leading battery module and pack supplier that was then privately held. On December 29, 2020, through the business combination of Romeo Systems, Inc. and special purpose acquisition company RMG Acquisition Corporation, a new entity, Romeo Power, Inc., became a publicly listed company. The Company’s ownership in Romeo was reduced to 14%, and the investment was recorded at fair value on an ongoing basis with changes in fair value being recognized in Unrealized loss on equity securities in the Condensed Consolidated Statements of Operations. During the three months ended March 31, 2021, the Company recorded a loss of $272 million, to adjust the carrying value of the Company’s investment to fair value. As of December 31, 2021, the investment’s fair value was $70 million, which is reflected in Investments and long-term receivables in the Company’s Condensed Consolidated Balance Sheet. During the three months ended March 31, 2022, the Company recorded a loss of $39 million and liquidated its investment in Romeo shares at a fair value of $31 million. As of March 31, 2022, the Company no longer holds any investment in Romeo.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS The Company manufactures and sells products, primarily to OEMs of light vehicles and, to a lesser extent, to other OEMs of commercial vehicles and off-highway vehicles, to certain Tier One vehicle systems suppliers and into the aftermarket. The Company’s payment terms are based on customary business practices and vary by customer type and products offered. We have evaluated the terms of our arrangements and determined that they do not contain significant financing components. Generally, revenue is recognized upon shipment or delivery; however, a limited number of the Company’s customer arrangements for its highly customized products with no alternative use provide the Company with the right to payment during the production process. As a result, for these limited arrangements, revenue is recognized as goods are produced and control transfers to the customer using the input cost-to-cost method. The Company recorded a contract asset of $19 million and $17 million at March 31, 2022 and December 31, 2021, respectively, for these arrangements. These amounts are reflected in Prepayments and other current assets in the Company’s Condensed Consolidated Balance Sheets. In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. These contract liabilities are reflected as Other current liabilities and Other non-current liabilities in the Condensed Consolidated Balance Sheets and were $22 million and less than $1 million at March 31, 2022 and $21 million and $1 million at December 31, 2021, respectively. These amounts are reflected as revenue over the term of the arrangement (typically 3 to 7 years) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. The Company continually seeks business development opportunities and at times provides customer incentives for new program awards. When the Company determines that the payments are incremental and incurred only if the new business is obtained and expects to recover these amounts from the customer over the term of the new business arrangement, the Company capitalizes these amounts. As of March 31, 2022 and December 31, 2021, the Company recorded customer incentive payments of $37 million and $36 million, respectively, in Prepayments and other current assets, and $127 million and $137 million, respectively, in Other non-current assets in the Condensed Consolidated Balance Sheets. The following tables represent a disaggregation of revenue from contracts with customers by reporting segment and region. Refer to Note 22, “Reporting Segments And Related Information,” to the Condensed Consolidated Financial Statements for more information. Three Months Ended March 31, 2022 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Aftermarket Total North America $ 529 $ 522 $ 45 $ 75 $ 1,171 Europe 796 240 223 99 1,358 Asia 526 575 144 14 1,259 Other 44 9 18 15 86 Total $ 1,895 $ 1,346 $ 430 $ 203 $ 3,874 Three Months Ended March 31, 2021 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Aftermarket Total North America $ 532 $ 535 $ 3 $ 67 $ 1,137 Europe 833 276 271 102 1,482 Asia 572 602 137 13 1,324 Other 31 6 15 14 66 Total $ 1,968 $ 1,419 $ 426 $ 196 $ 4,009

RESTRUCTURING

RESTRUCTURING	3 Months Ended
	Mar. 31, 2022
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING The Company’s restructuring activities are undertaken, as necessary, to execute management’s strategy and streamline operations, consolidate and take advantage of available capacity and resources, and ultimately achieve net cost reductions. Restructuring activities include efforts to integrate and rationalize the Company’s business and to relocate operations to best cost locations. The Company’s restructuring expenses consist primarily of employee termination benefits (principally severance and/or termination benefits) and other costs, which are primarily professional fees and costs related to facility closures and exits. Three Months Ended March 31, 2022 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Corporate Total Employee termination benefits $ 7 $ — $ 1 $ — $ 8 Other — 7 — — 7 Total restructuring expense $ 7 $ 7 $ 1 $ — $ 15 Three Months Ended March 31, 2021 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Corporate Total Employee termination benefits $ 14 $ 4 $ 3 $ — $ 21 Other 3 6 — — 9 Total restructuring expense $ 17 $ 10 $ 3 $ — $ 30 The following tables display a rollforward of the restructuring liability recorded within the Company’s Condensed Consolidated Balance Sheets and the related cash flow activity: (in millions) Employee Termination Benefits Other Total Balance at January 1, 2022 $ 126 $ 13 $ 139 Restructuring expense, net 8 7 15 Cash payments (38) (12) (50) Foreign currency translation adjustment and other (3) 3 — Balance at March 31, 2022 93 11 104 Less: Non-current restructuring liability 25 2 27 Current restructuring liability at March 31, 2022 $ 68 $ 9 $ 77 (in millions) Employee Termination Benefits Other Total Balance at January 1, 2021 $ 160 $ 13 $ 173 Restructuring expense, net 21 9 30 Cash payments (54) (12) (66) Balance at March 31, 2021 127 10 137 Less: Non-current restructuring liability 48 3 51 Current restructuring liability at March 31, 2021 $ 79 $ 7 $ 86 2020 Structural Costs Plan In February 2020, the Company announced a restructuring plan to address existing structural costs. During the three months ended March 31, 2022 and 2021, the Company recorded $13 million and $24 million of restructuring charges related to this plan, respectively. Cumulatively, the Company has incurred $264 million of restructuring charges related to this plan. This plan is expected to result in a total of $300 million of restructuring costs through 2022. Nearly all of the restructuring charges are expected to be cash expenditures. 2019 Legacy Delphi Technologies Plan In 2019, legacy Delphi Technologies announced a restructuring plan to reshape and realign its global technical center footprint and reduce salaried and contract staff. The Company continued actions under this program post-acquisition and has recorded cumulative charges of $64 million since October 1, 2020, including approximately $2 million and $5 million in restructuring charges during the three months ended March 31, 2022, and 2021, respectively. The majority of the actions under this program have been completed. The following provides details of restructuring expense incurred by the Company’s reporting segments during the three months ended March 31, 2022 and 2021, related to the two plans discussed above: Air Management 2020 Structural Costs Plan • During the three months ended March 31, 2022, the segment recorded $6 million of restructuring costs under this plan. This primarily related to $5 million for a voluntary termination program pursuant to which approximately 25 employees accepted termination packages in 2022. • During the three months ended March 31, 2021, the segment recorded $15 million of restructuring costs under this plan. This primarily related to $12 million for a voluntary termination program pursuant to which approximately 36 employees accepted termination packages in 2021 and $3 million for other specific actions to reduce structural costs. 2019 Legacy Delphi Technologies Plan • During the three months ended March 31, 2022 and 2021, the segment recorded $1 million and $2 million of restructuring costs, respectively, primarily related to severance costs. e-Propulsion & Drivetrain 2020 Structural Costs Plan • During the three months ended March 31, 2022, the segment recorded $7 million of restructuring costs related to this plan. These costs primarily related to contractual settlements, professional fees and other costs associated with the announced closure of a facility in Europe. • During the three months ended March 31, 2021, the segment recorded $10 million of restructuring costs related to this plan. Of these costs, $6 million primarily related to severance costs, equipment relocation and professional fees to reduce existing structural costs, and $4 million related to contractual settlements, professional fees and other costs associated with the announced closure of a facility in Europe. Fuel Injection 2019 Legacy Delphi Technologies Plan • During the three months ended March 31, 2022 and 2021, the segment recorded $1 million and $3 million of restructuring costs, respectively, under this plan. These costs were primarily for the statutory minimum benefits and incremental one-time termination benefits negotiated with local labor authorities. Estimates of restructuring expense are based on information available at the time such charges are recorded. Due to the inherent uncertainty involved in estimating restructuring expenses, actual amounts paid for such activities may differ from amounts initially recorded. Accordingly, the Company may record revisions of previous estimates by adjusting previously established accruals. The Company continues to evaluate different options across its operations to reduce existing structural costs over the next few years. The Company will recognize restructuring expense associated with any future actions at the time they are approved and become probable or are incurred. Any future actions could result in significant restructuring expense.

RESEARCH AND DEVELOPMENT COSTS

RESEARCH AND DEVELOPMENT COSTS	3 Months Ended
	Mar. 31, 2022
Research and Development [Abstract]
RESEARCH AND DEVELOPMENT COSTS	RESEARCH AND DEVELOPMENT COSTS The Company’s net Research & Development (“R&D”) expenditures are included in Selling, general and administrative expenses of the Condensed Consolidated Statements of Operations. Customer reimbursements are netted against gross R&D expenditures as they are considered a recovery of cost. Customer reimbursements for prototypes are recorded net of prototype costs based on customer contracts, typically either when the prototype is shipped or when it is accepted by the customer. Customer reimbursements for engineering services are recorded when performance obligations are satisfied in accordance with the contract. Financial risks and rewards transfer upon shipment, acceptance of a prototype component by the customer or upon completion of the performance obligation, as stated in the respective customer agreement. The Company has contracts with several customers relating to R&D activities that the Company performs at the Company’s various R&D locations. The following table presents the Company’s gross and net expenditures on R&D activities: Three Months Ended March 31, (in millions) 2022 2021 Gross R&D expenditures $ 232 $ 200 Customer reimbursements (41) (17) Net R&D expenditures $ 191 $ 183

OTHER OPERATING (INCOME) EXPENS

OTHER OPERATING (INCOME) EXPENSE, NET	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
OTHER OPERATING (INCOME) EXPENSE, NET	OTHER OPERATING (INCOME) EXPENSE, NET Items included in Other operating expense, net consist of: Three Months Ended March 31, (in millions) 2022 2021 Merger, acquisition and divestiture expense $ 23 $ 13 Gain on sale of business (Note 3) (24) — Net gain on insurance recovery for property damage — (2) Other income, net (4) (3) Other operating (income) expense, net $ (5) $ 8 Merger, acquisition and divestiture expense: During the three months ended March 31, 2022, the Company recorded merger, acquisition and divestiture expense of $23 million, primarily related to professional fees associated with specific acquisition and disposition initiatives. During the three months ended March 31, 2021, the Company recorded merger, acquisition and divestiture expense of $13 million. The expense for 2021 primarily related to professional fees for integration and other support associated with the Company’s acquisition of Delphi Technologies and professional fees associated with the acquisition of AKASOL.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s provision for income taxes is based upon an estimated annual tax rate for the year applied to federal, state and foreign income. On a quarterly basis, the annual effective tax rate is adjusted, as appropriate, based upon changed facts and circumstances, if any, as compared to those forecasted at the beginning of the fiscal year and each interim period thereafter. The Company’s effective tax rate for the three months ended March 31, 2022 and 2021 was 29% and 31%, respectively. The annual effective tax rates differ from the U.S. statutory rate primarily due to foreign rates which vary from those in the U.S., jurisdictions with pretax losses for which no tax benefit could be realized, U.S. taxes on foreign earnings, the realization of certain business tax credits (including foreign tax credits), and permanent differences between book and tax treatment for certain items (including the Foreign-Derived Intangible Income (“FDII”) deduction and the enhanced deduction of research and development expenses in certain jurisdictions).

INVENTORIES, NET

INVENTORIES, NET	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
INVENTORIES, NET	INVENTORIES, NET A summary of Inventories, net is presented below: March 31, December 31, (in millions) 2022 2021 Raw material and supplies $ 1,114 $ 1,057 Work in progress 182 175 Finished goods 380 327 FIFO inventories 1,676 1,559 LIFO reserve (32) (25) Inventories, net $ 1,644 $ 1,534

OTHER CURRENT AND NON-CURRENT A

OTHER CURRENT AND NON-CURRENT ASSETS	3 Months Ended
	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER CURRENT AND NON-CURRENT ASSETS	OTHER CURRENT AND NON-CURRENT ASSETS Additional detail related to assets is presented below: March 31, December 31, (in millions) 2022 2021 Prepayments and other current assets: Prepaid tooling $ 75 $ 81 Prepaid taxes 71 64 Customer incentive payments (Note 4) 37 36 Prepaid engineering 26 27 Contract assets (Note 4) 19 17 Other 98 96 Total prepayments and other current assets $ 326 $ 321 Investments and long-term receivables: Investment in equity affiliates $ 305 $ 298 Long-term receivables 108 102 Equity securities (Note 3) 60 130 Total investments and long-term receivables $ 473 $ 530 Other non-current assets: Deferred income taxes $ 270 $ 254 Operating leases 184 185 Customer incentive payments (Note 4) 127 137 Other 112 107 Total other non-current assets $ 693 $ 683

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLES	GOODWILL AND OTHER INTANGIBLES During the fourth quarter of each year, the Company assesses its goodwill and indefinite lived intangible assets assigned to each of its reporting units. In addition, the Company may test goodwill in between annual test dates if an event occurs or circumstances change that could more-likely-than-not reduce the fair value of a reporting unit below its carrying value. No events or circumstances were noted in the first three months of 2022 requiring additional assessment or testing. Future changes in the judgments, assumptions and estimates from those used in acquisition-related valuations and goodwill impairment testing, including discount rates or future operating results and related cash flow projections, could result in significantly different estimates of the fair values in the future. An increase in discount rates, a reduction in projected cash flows or a combination of the two could lead to a reduction in the estimated fair values, which may result in impairment charges that could materially affect the Company’s financial statements in any given year. A summary of the changes in the carrying amount of goodwill are as follows: (in millions) Air Management e-Propulsion & Drivetrain Aftermarket Total Gross goodwill balance, December 31, 2021 $ 2,169 $ 1,301 $ 311 $ 3,781 Accumulated impairment losses, December 31, 2021 (502) — — (502) Net goodwill balance, December 31, 2021 $ 1,667 $ 1,301 $ 311 $ 3,279 Goodwill during the period: Acquisition — 132 — 132 Other, primarily translation adjustment (28) (4) 9 (23) Ending balance, March 31, 2022 $ 1,639 $ 1,429 $ 320 $ 3,388 The Company’s other intangible assets, primarily from acquisitions, consist of the following: March 31, 2022 December 31, 2021 (in millions) Estimated useful lives (years) Gross Accumulated Net Gross Accumulated Net Amortized intangible assets: Patented and unpatented technology 5 - 15 $ 465 $ 113 $ 352 $ 443 $ 105 $ 338 Customer relationships 7 - 15 929 319 610 877 310 567 Miscellaneous 2 - 13 14 7 7 14 7 7 Total amortized intangible assets 1,408 439 969 1,334 422 912 Unamortized trade names 178 — 178 179 — 179 Total other intangible assets $ 1,586 $ 439 $ 1,147 $ 1,513 $ 422 $ 1,091

PRODUCT WARRANTY

PRODUCT WARRANTY	3 Months Ended
	Mar. 31, 2022
Product Warranties Disclosures [Abstract]
PRODUCT WARRANTY	PRODUCT WARRANTY The Company provides warranties on some, but not all, of its products. The warranty terms are typically from one The following table summarizes the activity in the product warranty accrual accounts: (in millions) 2022 2021 Beginning balance, January 1 $ 236 $ 253 Provisions for current period sales 24 28 Adjustments of prior estimates (2) 13 Payments (25) (29) Other, primarily translation adjustment (3) (5) Ending balance, March 31 $ 230 $ 260 The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows: March 31, December 31, (in millions) 2022 2021 Other current liabilities $ 120 $ 128 Other non-current liabilities 110 108 Total product warranty liability $ 230 $ 236

NOTES PAYABLE AND DEBT

NOTES PAYABLE AND DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
NOTES PAYABLE AND DEBT	NOTES PAYABLE AND DEBT As of March 31, 2022 and December 31, 2021, the Company had debt outstanding as follows: March 31, December 31, ( in millions ) 2022 2021 Short-term borrowings $ 60 $ 62 Long-term debt 3.375% Senior notes due 03/15/25 ($500 million par value) 498 498 5.000% Senior notes due 10/01/25 ($800 million par value)* 884 889 2.650% Senior notes due 07/01/27 ($1,100 million par value) 1,090 1,092 7.125% Senior notes due 02/15/29 ($121 million par value) 120 119 1.000% Senior Notes due 05/19/31 (€1,000 million par value) 1,087 1,117 4.375% Senior notes due 03/15/45 ($500 million par value) 494 494 Term loan facilities, finance leases and other 54 56 Total long-term debt 4,227 4,265 Less: current portion 4 4 Long-term debt, net of current portion $ 4,223 $ 4,261 _____________________________ *Includes the fair value step-up from the Delphi Technologies acquisition, which was based on observable market data and will be amortized as a reduction to interest expense over the remaining life of the instrument using the effective interest method. The Company may utilize uncommitted lines of credit for short-term working capital requirements. As of March 31, 2022 and December 31, 2021, the Company had $60 million and $62 million, respectively, in borrowings under these facilities, which are classified in Notes payable and other short-term debt on the Condensed Consolidated Balance Sheets. The following table provides details on Interest expense, net included in the Condensed Consolidated Statements of Operations: Three Months Ended March 31, (in millions) 2022 2021 Interest expense $ 19 $ 21 Interest income (4) (3) Interest expense, net $ 15 $ 18 The Company has a $2.0 billion multi-currency revolving credit facility that includes a feature allowing the Company the ability to increase the facility by $1.0 billion with bank group approval. This facility matures in March 2025. The credit agreement contains customary events of default and one key financial covenant, which is a debt-to-EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) ratio. The Company was in compliance with the financial covenant at March 31, 2022. At March 31, 2022 and December 31, 2021, the Company had no outstanding borrowings under this facility. The Company’s commercial paper program allows the Company to issue up to $2.0 billion of short-term, unsecured commercial paper notes under the limits of its multi-currency revolving credit facility. Under this program, the Company may issue notes from time to time and use the proceeds for general corporate purposes. The Company had no outstanding borrowings under this program as of March 31, 2022 and December 31, 2021. The total current combined borrowing capacity under the multi-currency revolving credit facility and commercial paper program cannot exceed $2 billion. As of March 31, 2022 and December 31, 2021, the estimated fair values of the Company’s senior unsecured notes totaled $4,020 million and $4,421 million, respectively. The estimated fair values were $153 million lower than their carrying value at March 31, 2022 and $212 million higher than their carrying value at December 31, 2021. Fair market values of the senior unsecured notes are developed using observable values for similar debt instruments, which are considered Level 2 inputs as defined by ASC Topic 820. The carrying values of the Company's multi-currency revolving credit facility, commercial paper program and other debt facilities approximate fair value. The fair value estimates do not necessarily reflect the values the Company could realize in the current markets. The Company had outstanding letters of credit of $43 million and $35 million at March 31, 2022 and December 31, 2021, respectively. The letters of credit typically act as guarantees of payment to certain third parties in accordance with specified terms and conditions.

OTHER CURRENT AND NON-CURRENT L

OTHER CURRENT AND NON-CURRENT LIABILITIES	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
OTHER CURRENT AND NON-CURRENT LIABILITIES	OTHER CURRENT AND NON-CURRENT LIABILITIES Additional detail related to liabilities is presented in the table below: March 31, December 31, ( in millions ) 2022 2021 Other current liabilities: Payroll and employee related $ 232 $ 330 Customer related 220 220 Product warranties (Note 12) 120 128 Income taxes payable 102 105 Indirect taxes 87 106 Employee termination benefits (Note 5) 69 85 Accrued freight 56 46 Operating leases 40 43 Interest 37 23 Deferred engineering reimbursements 35 44 Dividends payable 27 18 Supplier related 22 18 Contract liabilities (Note 4) 22 21 Other non-income taxes 21 22 Insurance 18 19 Earn-out liability (Note 3) 16 — Retirement related 16 16 Mandatorily redeemable noncontrolling interest liability (Note 3) — 58 Other 190 154 Total other current liabilities $ 1,330 $ 1,456 Other non-current liabilities: Other income tax liabilities $ 281 $ 274 Deferred income taxes 240 206 Operating leases 153 152 Product warranties (Note 12) 110 108 Deferred income 65 68 Derivative instruments 27 54 Employee termination benefits (Note 5) 25 41 Earn-out liability (Note 3) 24 — Other 63 61 Total other non-current liabilities $ 988 $ 964

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS ASC Topic 820 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC Topic 820 establishes a fair value hierarchy, which prioritizes the inputs used in measuring fair values as follows: Level 1: Observable inputs such as quoted prices for identical assets or liabilities in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs for which there is little or no market data, which require the reporting entity to develop its own assumptions. Assets and liabilities measured at fair value are based on one or more of the following three valuation techniques noted in ASC Topic 820: A. Market approach: Prices and other relevant information generated by market transactions involving identical or comparable assets, liabilities or a group of assets or liabilities, such as a business. B. Cost approach: Amount that would be required to replace the service capacity of an asset (replacement cost). C. Income approach: Techniques to convert future amounts to a single present amount based upon market expectations (including present value techniques, option-pricing and excess earnings models). The following tables classify assets and liabilities measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021: Basis of fair value measurements (in millions) Balance at March 31, 2022 Quoted prices in active markets for identical items Significant other observable inputs Significant unobservable inputs Valuation technique Assets: Long-term receivables $ 35 $ — $ 17 $ 18 C Foreign currency contracts $ 16 $ — $ 16 $ — A Net investment hedge contracts $ 11 $ — $ 11 $ — A Liabilities: Current earn-out liability $ 16 $ — $ — $ 16 C Non-current earn-out liability $ 24 $ — $ — $ 24 C Foreign currency contracts $ 11 $ — $ 11 $ — A Net investment hedge contracts $ 27 $ — $ 27 $ — A Basis of fair value measurements (in millions) Balance at Quoted prices in active markets for identical items Significant other observable inputs Significant unobservable inputs Valuation Assets: Investment in equity securities $ 70 $ 70 $ — $ — A Long-term receivables $ 35 $ — $ 17 $ 18 C Foreign currency contracts $ 13 $ — $ 13 $ — A Net investment hedge contracts $ 8 $ — $ 8 $ — A Liabilities: Foreign currency contracts $ 8 $ — $ 8 $ — A Net investment hedge contracts $ 54 $ — $ 54 $ — A

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS The Company’s financial instruments include cash and cash equivalents, marketable securities and accounts receivable. Due to the short-term nature of these instruments, their book value approximates their fair value. The Company’s financial instruments may also include long-term debt, investments in equity securities, interest rate and cross-currency swaps, commodity derivative contracts and foreign currency derivative contracts. All derivative contracts are placed with counterparties that have an S&P, or equivalent, investment grade credit rating at the time of the contracts’ placement. At March 31, 2022 and December 31, 2021, the Company had no derivative contracts that contained credit risk-related contingent features. The Company, at times, uses certain commodity derivative contracts to protect against commodity price changes related to forecasted raw material and component purchases. At March 31, 2022 and December 31, 2021, the Company had no material commodity derivative contracts. The Company primarily utilizes forward and option contracts, which are designated as cash flow hedges. The Company manages its interest rate risk by balancing its exposure to fixed and variable rates while attempting to optimize its interest costs. The Company, at times, selectively uses interest rate swaps and options to reduce market value risk associated with changes in interest rates (fair value hedges and cash flow hedges). At March 31, 2022 and December 31, 2021, the Company had no outstanding interest rate swaps or options. The Company uses foreign currency forward and option contracts to protect against exchange rate movements for forecasted cash flows, including capital expenditures, purchases, operating expenses or sales transactions designated in currencies other than the functional currency of the operating unit. In addition, the Company uses foreign currency forward contracts to hedge exposure associated with its net investment in certain foreign operations (net investment hedges). Foreign currency derivative contracts require the Company, at a future date, to either buy or sell foreign currency in exchange for the operating units’ local currency. At March 31, 2022 and December 31, 2021, the following foreign currency derivative contracts were outstanding and mature through the ending duration noted below: Foreign currency derivatives (in millions)* Functional Currency Traded Currency Notional in traded currency Notional in traded currency Ending Duration Brazilian Real US Dollar 16 23 Dec - 22 British Pound Euro — 42 N/A Chinese Renminbi British Pound 20 26 Dec - 22 Chinese Renminbi Euro 19 26 Dec - 22 Chinese Renminbi US Dollar 126 185 Dec - 22 Euro British Pound 40 6 Dec - 22 Euro Polish Zloty 276 394 Dec - 22 Euro US Dollar 63 86 Dec - 22 US Dollar British Pound 9 13 Dec - 22 US Dollar Chinese Renminbi 81 — Dec - 22 US Dollar Euro 39 28 Jun - 22 US Dollar Korean Won 59,818 49,919 Dec - 22 US Dollar Mexican Peso 1,830 2,619 Dec - 22 US Dollar Singapore Dollar 18 27 Dec - 22 US Dollar Thailand Baht 1,920 1,720 May - 22 *Table above excludes non-significant traded currency pairings with total notional amounts less than $10 million U.S. dollar equivalent as of March 31, 2022 and December 31, 2021. The Company selectively uses cross-currency swaps to hedge the foreign currency exposure associated with its net investment in certain foreign operations (net investment hedges). At March 31, 2022 and December 31, 2021, the following cross-currency swap contracts were outstanding: Cross-currency swaps (in millions) March 31, 2022 December 31, 2021 Ending duration US dollar to Euro: Fixed receiving notional $ 1,100 $ 1,100 Jul - 27 Fixed paying notional € 976 € 976 Jul - 27 US dollar to Euro: Fixed receiving notional $ 500 $ 500 Mar - 25 Fixed paying notional € 450 € 450 Mar - 25 US dollar to Japanese yen: Fixed receiving notional $ 100 $ 100 Feb - 23 Fixed paying notional ¥ 10,978 ¥ 10,978 Feb - 23 At March 31, 2022 and December 31, 2021, the following amounts were recorded in the Condensed Consolidated Balance Sheets as being payable to or receivable from counterparties under ASC Topic 815: (in millions) Assets Liabilities Derivatives designated as hedging instruments Under 815: Location March 31, 2022 December 31, 2021 Location March 31, 2022 December 31, 2021 Foreign currency Prepayments and other current assets $ 9 $ 7 Other current liabilities $ 11 $ 8 Net investment hedges Other non-current assets $ 11 $ 8 Other non-current liabilities $ 27 $ 54 Derivatives not designated as hedging instruments: Foreign currency Prepayments and other current assets $ 7 $ 6 Other current liabilities $ — $ — Effectiveness for cash flow hedges is assessed at the inception of the hedging relationship and quarterly, thereafter. Gains and losses arising from these contracts that are included in the assessment of effectiveness are deferred into accumulated other comprehensive loss (“AOCI”) and reclassified into income as the underlying operating transactions are recognized. These realized gains or losses offset the hedged transaction and are recorded on the same line in the statement of operations. The initial value of any component excluded from the assessment of effectiveness will be recognized in income using a systematic and rational method over the life of the hedging instrument. Any difference between the change in fair value of the excluded component and amounts recognized in income under that systematic and rational method will be recognized in AOCI. Effectiveness for net investment hedges is assessed at the inception of the hedging relationship and quarterly, thereafter. Gains and losses arising from these contracts that are included in the assessment of effectiveness are deferred into foreign currency translation adjustments and only released when the subsidiary being hedged is sold or substantially liquidated. The initial value of any component excluded from the assessment of effectiveness will be recognized in income using a systematic and rational method over the life of the hedging instrument. Any difference between the change in fair value of the excluded component and amounts recognized in income under that systematic and rational method will be recognized in AOCI. The table below shows deferred gains (losses) reported in AOCI as well as the amount expected to be reclassified to income in one year or less for designated net investment hedges. The amount expected to be reclassified to income in one year or less assumes no change in the current relationship of the hedged item at March 31, 2022 market rates. (in millions) Deferred gain (loss) in AOCI at Gain (loss) expected to be reclassified to income in one year or less Contract Type March 31, 2022 December 31, 2021 Net investment hedges: Foreign currency $ (10) $ (10) $ — Cross-currency swaps (15) (46) — Foreign currency-denominated debt 97 66 — Total $ 72 $ 10 $ — Derivative instruments designated as hedging instruments as defined by ASC Topic 815 held during the period resulted in the following gains and losses recorded in income: Three Months Ended March 31, 2022 (in millions) Net sales Cost of sales Selling, general and administrative expenses Other comprehensive income (loss) Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded $ 3,874 $ 3,124 $ 388 $ (13) Gain (loss) on cash flow hedging relationships: Foreign currency: Gain (loss) recognized in other comprehensive income $ (1) Gain (loss) reclassified from AOCI to income $ — $ (1) $ — Three Months Ended March 31, 2021 (in millions) Net sales Cost of sales Selling, general and administrative expenses Other comprehensive income (loss) Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded $ 4,009 $ 3,191 $ 377 $ (85) Gain (loss) on cash flow hedging relationships: Foreign currency: Gain (loss) recognized in other comprehensive income $ (6) The gains or losses recorded in income related to components excluded from the assessment of effectiveness for derivative instruments designated as cash flow hedges were immaterial for the periods presented. Gains and (losses) on derivative instruments designated as net investment hedges were recognized in other comprehensive income (loss) during the periods presented below. (in millions) Three Months Ended March 31, Net investment hedges 2022 2021 Cross-currency swaps $ 31 $ 44 Foreign currency-denominated debt $ 31 $ 25 Derivatives designated as net investment hedge instruments, as defined by ASC Topic 815, held during the period resulted in the following gains recorded in Interest expense on components excluded from the assessment of effectiveness: (in millions) Three Months Ended March 31, Net investment hedges 2022 2021 Cross-currency swaps $ 6 $ 5 There were no gains or losses recorded in income related to components excluded from the assessment of effectiveness for foreign currency-denominated debt designated as net investment hedges. There were no gains and losses reclassified from AOCI for net investment hedges during the periods presented. Derivatives not designated as hedging instruments are used to hedge remeasurement exposures of monetary assets and liabilities denominated in currencies other than the operating units' functional currency. These derivatives resulted in the following gains recorded in income: (in millions) Three Months Ended March 31, Contract Type Location 2022 2021 Foreign Currency Selling, general and administrative expenses $ (1) $ 1

RETIREMENT BENEFIT PLANS

RETIREMENT BENEFIT PLANS	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
RETIREMENT BENEFIT PLANS	RETIREMENT BENEFIT PLANS The Company has a number of defined benefit pension plans and other postemployment benefit plans covering eligible salaried and hourly employees and their dependents. The estimated contributions to the Company's defined benefit pension plans for 2022 range from $20 million to $30 million, of which $5 million has been contributed through the first three months of the year. The other postemployment benefit plans, which provide medical and life insurance benefits, are funded on a pay-as-you-go basis. The components of net periodic benefit (income) cost recorded in the Condensed Consolidated Statements of Operations are as follows: Pension benefits Other postemployment benefits (in millions) 2022 2021 Three Months Ended March 31, US Non-US US Non-US 2022 2021 Service cost $ — $ 5 $ — $ 6 $ — $ — Interest cost 1 10 1 8 — — Expected return on plan assets (2) (20) (3) (21) — — Amortization of unrecognized prior service credit — — — — — — Amortization of unrecognized loss — 2 1 3 — — Net periodic benefit income $ (1) $ (3) $ (1) $ (4) $ — $ — The components of net periodic benefit income other than the service cost component are included in Other postretirement income in the Condensed Consolidated Statements of Operations.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY The changes of the Stockholders’ Equity items during the three months ended March 31, 2022 and 2021, are as follows: BorgWarner Inc. stockholders' equity (in millions) Issued common stock Capital in excess of par value Treasury stock Retained earnings Accumulated other comprehensive income (loss) Noncontrolling interests Balance, December 31, 2021 $ 3 $ 2,637 $ (1,812) $ 6,671 $ (551) $ 314 Dividends declared ($0.17 per share*) — — — (41) — (45) Net issuance for executive stock plan — (6) 4 — — — Net issuance of restricted stock — (15) 12 — — — Purchase of treasury stock — — (40) — — — Purchase/sale of noncontrolling interest — 1 — — — (4) Net earnings — — — 200 — 24 Other comprehensive loss — — — — (13) (1) Balance, March 31, 2022 $ 3 $ 2,617 $ (1,836) $ 6,830 $ (564) $ 288 BorgWarner Inc. stockholders' equity (in millions) Issued common stock Capital in excess of par value Treasury stock Retained earnings Accumulated other comprehensive income (loss) Noncontrolling interests Balance, December 31, 2020 $ 3 $ 2,614 $ (1,834) $ 6,296 $ (651) $ 296 Dividends declared ($0.17 per share*) — — — (40) — (33) Net issuance for executive stock plan — (2) 3 — — — Net issuance of restricted stock — (23) 21 — — — Net earnings — — — 65 — 29 Other comprehensive loss — — — — (85) (5) Balance, March 31, 2021 $ 3 $ 2,589 $ (1,810) $ 6,321 $ (736) $ 287 __________________________________ * Per share dividends amount declared relate to BorgWarner common stock.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables summarize the activity within accumulated other comprehensive loss during the three months ended March 31, 2022 and 2021: (in millions) Foreign currency translation adjustments Hedge instruments Defined benefit retirement plans Total Beginning balance, December 31, 2021 $ (423) $ — $ (128) $ (551) Comprehensive (loss) income before reclassifications (18) (1) 3 (16) Income taxes associated with comprehensive (loss) income before reclassifications — — — — Reclassification from accumulated other comprehensive loss — 1 2 3 Income taxes reclassified into net earnings — — — — Ending balance, March 31, 2022 $ (441) $ — $ (123) $ (564) (in millions) Foreign currency translation adjustments Hedge instruments Defined benefit retirement plans Total Beginning balance, December 31, 2020 $ (321) $ — $ (330) $ (651) Comprehensive (loss) income before reclassifications (73) (6) 4 (75) Income taxes associated with comprehensive (loss) income before reclassifications (14) — 1 (13) Reclassification from accumulated other comprehensive loss — — 4 4 Income taxes reclassified into net earnings — — (1) (1) Ending balance, March 31, 2021 $ (408) $ (6) $ (322) $ (736)

CONTINGENCIES

CONTINGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES In the normal course of business, the Company is party to various commercial and legal claims, actions and complaints, including matters involving warranty claims, intellectual property claims, general liability and other risks. It is not possible to predict with certainty whether or not the Company will ultimately be successful in any of these commercial and legal matters or, if not, what the impact might be. The Company’s management does not expect that an adverse outcome in any of these commercial and legal claims, actions and complaints that are currently pending will have a material adverse effect on the Company’s results of operations, financial position or cash flows. An adverse outcome could, nonetheless, be material to the results of operations or cash flows. Environmental The Company and certain of its current and former direct and indirect corporate predecessors, subsidiaries and divisions have been identified by the United States Environmental Protection Agency and certain state environmental agencies and private parties as potentially responsible parties (“PRPs”) at various hazardous waste disposal sites under the Comprehensive Environmental Response, Compensation and Liability Act (“Superfund”) and equivalent state laws and, as such, may presently be liable for the cost of clean-up and other remedial activities at 26 such sites as of March 31, 2022 and December 31, 2021. Responsibility for clean-up and other remedial activities at a Superfund site is typically shared among PRPs based on an allocation formula. The Company believes that none of these matters, individually or in the aggregate, will have a material adverse effect on its results of operations, financial position or cash flows. Generally, this is because either the estimates of the maximum potential liability at a site are not material or the liability will be shared with other PRPs, although no assurance can be given with respect to the ultimate outcome of any such matter. The Company had an accrual for environmental liabilities of $7 million as of March 31, 2022 and December 31, 2021 included in Other current and Other non-current liabilities in the Condensed Consolidated Balance Sheets. This accrual, comprising eight of the sites, is based on information available to the Company (which, in most cases, includes an estimate of allocation of liability among PRPs; the probability that other PRPs, many of whom are large, solvent public companies, will fully pay the cost apportioned to them; currently available information from PRPs and/or federal or state environmental agencies concerning the scope of contamination and estimated remediation and consulting costs; and remediation alternatives). Clean-up and other remedial activities are complete or nearing completion at the other 18 sites, of which there was no accrual as of March 31, 2022 and December 31, 2021.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The Company presents both basic and diluted earnings per share of common stock (“EPS”) amounts. Basic EPS is calculated by dividing net earnings attributable to BorgWarner Inc. by the weighted average shares of common stock outstanding during the reporting period. Diluted EPS is calculated by dividing net earnings attributable to BorgWarner Inc. by the weighted average shares of common stock and common stock equivalents outstanding during the reporting period. The dilutive impact of stock-based compensation is calculated using the treasury stock method. The treasury stock method assumes that the Company uses the assumed proceeds from the exercise of awards to repurchase common stock at the average market price during the period. The assumed proceeds under the treasury stock method include the purchase price that the grantee will pay in the future and compensation cost for future service that the Company has not yet recognized. The dilutive effects of performance-based stock awards are included in the computation of diluted earnings per share at the level the related performance criteria are met through the respective balance sheet date. There were 1.0 million and 0.9 million performance share units excluded from the computation of the diluted earnings for the three months ended March 31, 2022 and 2021, respectively, because the related performance criteria had not been met as of the balance sheet dates. The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock: Three Months Ended March 31, (in millions, except per share amounts) 2022 2021 Basic earnings per share: Net earnings attributable to BorgWarner Inc. $ 200 $ 65 Weighted average shares of common stock outstanding 238.2 237.7 Basic earnings per share of common stock $ 0.84 $ 0.27 Diluted earnings per share: Net earnings attributable to BorgWarner Inc. $ 200 $ 65 Weighted average shares of common stock outstanding 238.2 237.7 Effect of stock-based compensation 0.8 0.7 Weighted average shares of common stock outstanding including dilutive shares 239.0 238.4 Diluted earnings per share of common stock $ 0.84 $ 0.27

REPORTING SEGMENTS AND RELATED

REPORTING SEGMENTS AND RELATED INFORMATION	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
REPORTING SEGMENTS AND RELATED INFORMATION	REPORTING SEGMENTS AND RELATED INFORMATION The Company’s business is aggregated of four reporting segments: Air Management, e-Propulsion & Drivetrain, Fuel Injection and Aftermarket. These segments are strategic business groups that are managed separately as each represents a specific grouping of related automotive components and systems. In the first quarter of 2022, the Company announced that the starter and alternator business previously reported in its e-Propulsion & Drivetrain segment will transition to the Aftermarket segment. This transition is in process, and as of March 31, 2022, management continued to assess the performance of reporting segments using the structure that was in place in 2021. The Company has also announced that the canisters and fuel delivery modules product lines currently reported in its Air Management segment will transition to the Fuel Injection segment later in 2022. When these transitions are completed, and performance is assessed using the new structures, the reporting segment disclosures will be updated accordingly. Additionally, during the first quarter of 2022, the Company updated the definition of its measure of segment income or loss to exclude the impact of intangible asset amortization expense. The Company believes this change improves comparability of ongoing operations, given the increasing operating margin impact of intangible asset amortization arising from the Company’s merger and acquisition activity. The prior period information disclosed below has been recast to reflect this change. Further, the Company renamed its measure of segment income or loss from Segment Adjusted EBIT to Segment Adjusted Operating Income. Segment Adjusted Operating Income is comprised of operating income adjusted for restructuring, merger, acquisition and divestiture expense, intangible asset amortization expense, impairment charges and other items not reflective of ongoing operating income or loss. Segment Adjusted Operating Income is the measure of segment income or loss used by the Company. The Company believes Segment Adjusted Operating Income is most reflective of the operational profitability or loss of our reporting segments. The following tables show segment information and Segment Adjusted Operating Income for the Company’s reporting segments: Net Sales by Reporting Segment Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (in millions) Customers Inter-segment Net Customers Inter-segment Net Air Management $ 1,895 $ 36 $ 1,931 $ 1,968 $ 43 $ 2,011 e-Propulsion & Drivetrain 1,346 44 1,390 1,419 47 1,466 Fuel Injection 430 42 472 427 48 475 Aftermarket 203 2 205 195 2 197 Inter-segment eliminations — (124) (124) — (140) (140) Net sales $ 3,874 $ — $ 3,874 $ 4,009 $ — $ 4,009 Segment Adjusted Operating Income Three Months Ended March 31, (in millions) 2022 2021 Air Management $ 257 $ 329 e-Propulsion & Drivetrain 119 149 Fuel Injection 52 34 Aftermarket 24 21 Segment Adjusted Operating Income 452 533 Corporate, including stock-based compensation 63 69 Merger, acquisition and divestiture expense 23 13 Intangible asset amortization expense 23 20 Restructuring expense (Note 5) 15 30 Gain on sale of business (Note 3) (24) — Net gain on insurance recovery for property damage — (2) Equity in affiliates’ earnings, net of tax (8) (12) Unrealized loss on equity securities 39 272 Interest expense, net 15 18 Other postretirement income (9) (11) Earnings before income taxes and noncontrolling interest 315 136 Provision for income taxes 91 42 Net earnings 224 94 Net earnings attributable to noncontrolling interest, net of tax 24 29 Net earnings attributable to BorgWarner Inc. $ 200 $ 65

OPERATING CASH FLOWS AND OTHER

OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION	3 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Elements [Abstract]
OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION	OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION Three Months Ended March 31, (in millions) 2022 2021 OPERATING Net earnings $ 224 $ 94 Adjustments to reconcile net earnings to net cash flows from operations: Depreciation and tooling amortization 157 175 Intangible asset amortization 23 20 Restructuring expense, net of cash paid 12 18 Stock-based compensation expense 12 12 Gain on sale of business (26) — Deferred income tax benefit (8) (64) Unrealized loss on equity securities 39 272 Other non-cash adjustments (10) (16) Net earnings adjustments to reconcile to net cash flows from operations 423 511 Retirement plan contributions (5) (7) Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments: Receivables (282) (290) Inventories (124) (104) Prepayments and other current assets 3 — Accounts payable and accrued expenses 109 172 Prepaid taxes and income taxes payable (9) 18 Other assets and liabilities 1 42 Net cash provided by operating activities $ 116 $ 342 SUPPLEMENTAL CASH FLOW INFORMATION Cash paid during the period for: Interest, net $ 27 $ 25 Income taxes, net of refunds $ 96 $ 75 Balance as of: Non-cash investing transactions: March 31, December 31, Period end accounts payable related to property, plant and equipment purchases $ 107 $ 142

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	The accompanying unaudited Condensed Consolidated Financial Statements of BorgWarner Inc. and Consolidated Subsidiaries (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes necessary for a comprehensive presentation of financial position, results of operations and cash flow activity required by GAAP for complete financial statements. In the opinion of management, all normal recurring adjustments necessary for a fair statement of results have been included. Certain prior period amounts have been reclassified to conform to the current period presentation. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. The balance sheet as of December 31, 2021 was derived from the audited financial statements as of that date. For further information, refer to the Consolidated Financial Statements and Footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.
Use of Estimates	Management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and accompanying notes, as well as the amounts of revenues and expenses reported during the periods covered by those financial statements and accompanying notes. Actual results could differ from these estimates.
New Accounting Pronouncements	In November 2021, the FASB issued ASU No. 2021-10, “Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance.” It is expected to increase transparency in financial reporting by requiring business entities to disclose information about certain types of government assistance they receive. The amendments require the following annual disclosures about transactions with a government: (i) information about the nature of the transactions and the related accounting policy used to account for the transactions; (ii) the line items on the balance sheet and income statement that are affected by the transactions, and the amounts applicable to each financial statement line item; and (iii) significant terms and conditions of the transactions, including commitments and contingencies. This guidance was effective for annual reporting periods beginning after December 15, 2021. The Company adopted this guidance prospectively as of January 1, 2022, and there was no impact on these Condensed Consolidated Financial Statements; however, the Company will include the annual disclosures as required in its Annual Report on Form 10-K for the year ended December 31, 2022. In October 2021, the FASB issued ASU No. 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” It requires entities to apply ASC Topic 606 to recognize and measure contract assets and contract liabilities in a business combination.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of fair values of assets acquired and liabilities	The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of March 31, 2022, the acquisition date: (in millions) Initial Allocation ASSETS Receivables, net $ 7 Inventories, net 1 Property, plant and equipment, net 9 Goodwill 132 Other intangible assets, net 87 Total assets acquired 236 LIABILITIES Accounts payable 2 Other non-current liabilities 22 Total liabilities assumed 24 Net assets acquired $ 212 The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of June 4, 2021, the acquisition date: (in millions) Initial Allocation Measurement Period Adjustments Revised Allocation ASSETS Cash and cash equivalents (including restricted cash of $16 million) $ 29 $ — $ 29 Receivables, net 16 — 16 Inventories, net 42 (2) 40 Prepayments and other current assets 5 — 5 Property, plant and equipment, net 106 (3) 103 Goodwill 707 (3) 704 Other intangible assets, net 130 — 130 Other non-current assets — 7 7 Total assets acquired 1,035 (1) 1,034 LIABILITIES Notes payable and other short-term debt 8 — 8 Accounts payable 22 — 22 Other current liabilities 13 6 19 Long-term debt 69 — 69 Other non-current liabilities 39 (7) 32 Total liabilities assumed 151 (1) 150 Noncontrolling interest 96 — 96 Net assets and noncontrolling interest acquired $ 788 $ — $ 788
Schedule of other intangible assets acquired	The following table summarizes the other intangible assets acquired: (in millions) Estimated Life Estimated Fair Value Amortized intangible assets: Developed technology 5 years $ 70 Customer relationships 11 years 25 Total amortized intangible assets 95 Unamortized trade name Indefinite 35 Total other intangible assets $ 130

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue	The following tables represent a disaggregation of revenue from contracts with customers by reporting segment and region. Refer to Note 22, “Reporting Segments And Related Information,” to the Condensed Consolidated Financial Statements for more information. Three Months Ended March 31, 2022 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Aftermarket Total North America $ 529 $ 522 $ 45 $ 75 $ 1,171 Europe 796 240 223 99 1,358 Asia 526 575 144 14 1,259 Other 44 9 18 15 86 Total $ 1,895 $ 1,346 $ 430 $ 203 $ 3,874 Three Months Ended March 31, 2021 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Aftermarket Total North America $ 532 $ 535 $ 3 $ 67 $ 1,137 Europe 833 276 271 102 1,482 Asia 572 602 137 13 1,324 Other 31 6 15 14 66 Total $ 1,968 $ 1,419 $ 426 $ 196 $ 4,009

RESTRUCTURING (Tables)

RESTRUCTURING (Tables)	3 Months Ended
	Mar. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of restructuring reserve by type of cost	The Company’s restructuring expenses consist primarily of employee termination benefits (principally severance and/or termination benefits) and other costs, which are primarily professional fees and costs related to facility closures and exits. Three Months Ended March 31, 2022 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Corporate Total Employee termination benefits $ 7 $ — $ 1 $ — $ 8 Other — 7 — — 7 Total restructuring expense $ 7 $ 7 $ 1 $ — $ 15 Three Months Ended March 31, 2021 (in millions) Air Management e-Propulsion & Drivetrain Fuel Injection Corporate Total Employee termination benefits $ 14 $ 4 $ 3 $ — $ 21 Other 3 6 — — 9 Total restructuring expense $ 17 $ 10 $ 3 $ — $ 30
Schedule of restructuring reserve of roll forward of the restructuring liability	The following tables display a rollforward of the restructuring liability recorded within the Company’s Condensed Consolidated Balance Sheets and the related cash flow activity: (in millions) Employee Termination Benefits Other Total Balance at January 1, 2022 $ 126 $ 13 $ 139 Restructuring expense, net 8 7 15 Cash payments (38) (12) (50) Foreign currency translation adjustment and other (3) 3 — Balance at March 31, 2022 93 11 104 Less: Non-current restructuring liability 25 2 27 Current restructuring liability at March 31, 2022 $ 68 $ 9 $ 77 (in millions) Employee Termination Benefits Other Total Balance at January 1, 2021 $ 160 $ 13 $ 173 Restructuring expense, net 21 9 30 Cash payments (54) (12) (66) Balance at March 31, 2021 127 10 137 Less: Non-current restructuring liability 48 3 51 Current restructuring liability at March 31, 2021 $ 79 $ 7 $ 86

RESEARCH AND DEVELOPMENT COSTS

RESEARCH AND DEVELOPMENT COSTS (Tables)	3 Months Ended
	Mar. 31, 2022
Research and Development [Abstract]
Schedule of research and development costs	The following table presents the Company’s gross and net expenditures on R&D activities: Three Months Ended March 31, (in millions) 2022 2021 Gross R&D expenditures $ 232 $ 200 Customer reimbursements (41) (17) Net R&D expenditures $ 191 $ 183

OTHER OPERATING (INCOME) EXPE_2

OTHER OPERATING (INCOME) EXPENSE, NET (Tables)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Schedule of other expense	Items included in Other operating expense, net consist of: Three Months Ended March 31, (in millions) 2022 2021 Merger, acquisition and divestiture expense $ 23 $ 13 Gain on sale of business (Note 3) (24) — Net gain on insurance recovery for property damage — (2) Other income, net (4) (3) Other operating (income) expense, net $ (5) $ 8

INVENTORIES, NET (Tables)

INVENTORIES, NET (Tables)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Schedule of inventory	A summary of Inventories, net is presented below: March 31, December 31, (in millions) 2022 2021 Raw material and supplies $ 1,114 $ 1,057 Work in progress 182 175 Finished goods 380 327 FIFO inventories 1,676 1,559 LIFO reserve (32) (25) Inventories, net $ 1,644 $ 1,534

OTHER CURRENT AND NON-CURRENT_2

OTHER CURRENT AND NON-CURRENT ASSETS (Tables)	3 Months Ended
	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of additional related assets	Additional detail related to assets is presented below: March 31, December 31, (in millions) 2022 2021 Prepayments and other current assets: Prepaid tooling $ 75 $ 81 Prepaid taxes 71 64 Customer incentive payments (Note 4) 37 36 Prepaid engineering 26 27 Contract assets (Note 4) 19 17 Other 98 96 Total prepayments and other current assets $ 326 $ 321 Investments and long-term receivables: Investment in equity affiliates $ 305 $ 298 Long-term receivables 108 102 Equity securities (Note 3) 60 130 Total investments and long-term receivables $ 473 $ 530 Other non-current assets: Deferred income taxes $ 270 $ 254 Operating leases 184 185 Customer incentive payments (Note 4) 127 137 Other 112 107 Total other non-current assets $ 693 $ 683

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	A summary of the changes in the carrying amount of goodwill are as follows: (in millions) Air Management e-Propulsion & Drivetrain Aftermarket Total Gross goodwill balance, December 31, 2021 $ 2,169 $ 1,301 $ 311 $ 3,781 Accumulated impairment losses, December 31, 2021 (502) — — (502) Net goodwill balance, December 31, 2021 $ 1,667 $ 1,301 $ 311 $ 3,279 Goodwill during the period: Acquisition — 132 — 132 Other, primarily translation adjustment (28) (4) 9 (23) Ending balance, March 31, 2022 $ 1,639 $ 1,429 $ 320 $ 3,388
Summary of intangible assets gross roll forward	The Company’s other intangible assets, primarily from acquisitions, consist of the following: March 31, 2022 December 31, 2021 (in millions) Estimated useful lives (years) Gross Accumulated Net Gross Accumulated Net Amortized intangible assets: Patented and unpatented technology 5 - 15 $ 465 $ 113 $ 352 $ 443 $ 105 $ 338 Customer relationships 7 - 15 929 319 610 877 310 567 Miscellaneous 2 - 13 14 7 7 14 7 7 Total amortized intangible assets 1,408 439 969 1,334 422 912 Unamortized trade names 178 — 178 179 — 179 Total other intangible assets $ 1,586 $ 439 $ 1,147 $ 1,513 $ 422 $ 1,091

PRODUCT WARRANTY (Tables)

PRODUCT WARRANTY (Tables)	3 Months Ended
	Mar. 31, 2022
Product Warranties Disclosures [Abstract]
Schedule of product warranty liability	The following table summarizes the activity in the product warranty accrual accounts: (in millions) 2022 2021 Beginning balance, January 1 $ 236 $ 253 Provisions for current period sales 24 28 Adjustments of prior estimates (2) 13 Payments (25) (29) Other, primarily translation adjustment (3) (5) Ending balance, March 31 $ 230 $ 260 The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows: March 31, December 31, (in millions) 2022 2021 Other current liabilities $ 120 $ 128 Other non-current liabilities 110 108 Total product warranty liability $ 230 $ 236

NOTES PAYABLE AND DEBT (Tables)

NOTES PAYABLE AND DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	As of March 31, 2022 and December 31, 2021, the Company had debt outstanding as follows: March 31, December 31, ( in millions ) 2022 2021 Short-term borrowings $ 60 $ 62 Long-term debt 3.375% Senior notes due 03/15/25 ($500 million par value) 498 498 5.000% Senior notes due 10/01/25 ($800 million par value)* 884 889 2.650% Senior notes due 07/01/27 ($1,100 million par value) 1,090 1,092 7.125% Senior notes due 02/15/29 ($121 million par value) 120 119 1.000% Senior Notes due 05/19/31 (€1,000 million par value) 1,087 1,117 4.375% Senior notes due 03/15/45 ($500 million par value) 494 494 Term loan facilities, finance leases and other 54 56 Total long-term debt 4,227 4,265 Less: current portion 4 4 Long-term debt, net of current portion $ 4,223 $ 4,261 _____________________________ *Includes the fair value step-up from the Delphi Technologies acquisition, which was based on observable market data and will be amortized as a reduction to interest expense over the remaining life of the instrument using the effective interest method.
Schedule of consolidated statements of operations	The following table provides details on Interest expense, net included in the Condensed Consolidated Statements of Operations: Three Months Ended March 31, (in millions) 2022 2021 Interest expense $ 19 $ 21 Interest income (4) (3) Interest expense, net $ 15 $ 18

OTHER CURRENT AND NON-CURRENT_3

OTHER CURRENT AND NON-CURRENT LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
Summary of additional details related to other liabilities	Additional detail related to liabilities is presented in the table below: March 31, December 31, ( in millions ) 2022 2021 Other current liabilities: Payroll and employee related $ 232 $ 330 Customer related 220 220 Product warranties (Note 12) 120 128 Income taxes payable 102 105 Indirect taxes 87 106 Employee termination benefits (Note 5) 69 85 Accrued freight 56 46 Operating leases 40 43 Interest 37 23 Deferred engineering reimbursements 35 44 Dividends payable 27 18 Supplier related 22 18 Contract liabilities (Note 4) 22 21 Other non-income taxes 21 22 Insurance 18 19 Earn-out liability (Note 3) 16 — Retirement related 16 16 Mandatorily redeemable noncontrolling interest liability (Note 3) — 58 Other 190 154 Total other current liabilities $ 1,330 $ 1,456 Other non-current liabilities: Other income tax liabilities $ 281 $ 274 Deferred income taxes 240 206 Operating leases 153 152 Product warranties (Note 12) 110 108 Deferred income 65 68 Derivative instruments 27 54 Employee termination benefits (Note 5) 25 41 Earn-out liability (Note 3) 24 — Other 63 61 Total other non-current liabilities $ 988 $ 964

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Summary of assets and liabilities measured at fair value	The following tables classify assets and liabilities measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021: Basis of fair value measurements (in millions) Balance at March 31, 2022 Quoted prices in active markets for identical items Significant other observable inputs Significant unobservable inputs Valuation technique Assets: Long-term receivables $ 35 $ — $ 17 $ 18 C Foreign currency contracts $ 16 $ — $ 16 $ — A Net investment hedge contracts $ 11 $ — $ 11 $ — A Liabilities: Current earn-out liability $ 16 $ — $ — $ 16 C Non-current earn-out liability $ 24 $ — $ — $ 24 C Foreign currency contracts $ 11 $ — $ 11 $ — A Net investment hedge contracts $ 27 $ — $ 27 $ — A Basis of fair value measurements (in millions) Balance at Quoted prices in active markets for identical items Significant other observable inputs Significant unobservable inputs Valuation Assets: Investment in equity securities $ 70 $ 70 $ — $ — A Long-term receivables $ 35 $ — $ 17 $ 18 C Foreign currency contracts $ 13 $ — $ 13 $ — A Net investment hedge contracts $ 8 $ — $ 8 $ — A Liabilities: Foreign currency contracts $ 8 $ — $ 8 $ — A Net investment hedge contracts $ 54 $ — $ 54 $ — A

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of foreign exchange derivative contracts outstanding	At March 31, 2022 and December 31, 2021, the following foreign currency derivative contracts were outstanding and mature through the ending duration noted below: Foreign currency derivatives (in millions)* Functional Currency Traded Currency Notional in traded currency Notional in traded currency Ending Duration Brazilian Real US Dollar 16 23 Dec - 22 British Pound Euro — 42 N/A Chinese Renminbi British Pound 20 26 Dec - 22 Chinese Renminbi Euro 19 26 Dec - 22 Chinese Renminbi US Dollar 126 185 Dec - 22 Euro British Pound 40 6 Dec - 22 Euro Polish Zloty 276 394 Dec - 22 Euro US Dollar 63 86 Dec - 22 US Dollar British Pound 9 13 Dec - 22 US Dollar Chinese Renminbi 81 — Dec - 22 US Dollar Euro 39 28 Jun - 22 US Dollar Korean Won 59,818 49,919 Dec - 22 US Dollar Mexican Peso 1,830 2,619 Dec - 22 US Dollar Singapore Dollar 18 27 Dec - 22 US Dollar Thailand Baht 1,920 1,720 May - 22 *Table above excludes non-significant traded currency pairings with total notional amounts less than $10 million U.S. dollar equivalent as of March 31, 2022 and December 31, 2021.
Schedule of foreign exchange contracts, statement of financial position	At March 31, 2022 and December 31, 2021, the following cross-currency swap contracts were outstanding: Cross-currency swaps (in millions) March 31, 2022 December 31, 2021 Ending duration US dollar to Euro: Fixed receiving notional $ 1,100 $ 1,100 Jul - 27 Fixed paying notional € 976 € 976 Jul - 27 US dollar to Euro: Fixed receiving notional $ 500 $ 500 Mar - 25 Fixed paying notional € 450 € 450 Mar - 25 US dollar to Japanese yen: Fixed receiving notional $ 100 $ 100 Feb - 23 Fixed paying notional ¥ 10,978 ¥ 10,978 Feb - 23
Schedule of derivatives instruments in statements of financial position	At March 31, 2022 and December 31, 2021, the following amounts were recorded in the Condensed Consolidated Balance Sheets as being payable to or receivable from counterparties under ASC Topic 815: (in millions) Assets Liabilities Derivatives designated as hedging instruments Under 815: Location March 31, 2022 December 31, 2021 Location March 31, 2022 December 31, 2021 Foreign currency Prepayments and other current assets $ 9 $ 7 Other current liabilities $ 11 $ 8 Net investment hedges Other non-current assets $ 11 $ 8 Other non-current liabilities $ 27 $ 54 Derivatives not designated as hedging instruments: Foreign currency Prepayments and other current assets $ 7 $ 6 Other current liabilities $ — $ —
Schedule of cash flow hedges included in accumulated other comprehensive income (loss)	The table below shows deferred gains (losses) reported in AOCI as well as the amount expected to be reclassified to income in one year or less for designated net investment hedges. The amount expected to be reclassified to income in one year or less assumes no change in the current relationship of the hedged item at March 31, 2022 market rates. (in millions) Deferred gain (loss) in AOCI at Gain (loss) expected to be reclassified to income in one year or less Contract Type March 31, 2022 December 31, 2021 Net investment hedges: Foreign currency $ (10) $ (10) $ — Cross-currency swaps (15) (46) — Foreign currency-denominated debt 97 66 — Total $ 72 $ 10 $ — Gains and (losses) on derivative instruments designated as net investment hedges were recognized in other comprehensive income (loss) during the periods presented below. (in millions) Three Months Ended March 31, Net investment hedges 2022 2021 Cross-currency swaps $ 31 $ 44 Foreign currency-denominated debt $ 31 $ 25
Schedule of derivative instruments	Derivative instruments designated as hedging instruments as defined by ASC Topic 815 held during the period resulted in the following gains and losses recorded in income: Three Months Ended March 31, 2022 (in millions) Net sales Cost of sales Selling, general and administrative expenses Other comprehensive income (loss) Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded $ 3,874 $ 3,124 $ 388 $ (13) Gain (loss) on cash flow hedging relationships: Foreign currency: Gain (loss) recognized in other comprehensive income $ (1) Gain (loss) reclassified from AOCI to income $ — $ (1) $ — Three Months Ended March 31, 2021 (in millions) Net sales Cost of sales Selling, general and administrative expenses Other comprehensive income (loss) Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded $ 4,009 $ 3,191 $ 377 $ (85) Gain (loss) on cash flow hedging relationships: Foreign currency: Gain (loss) recognized in other comprehensive income $ (6)
Schedule of derivative instruments, gain (loss)	Derivatives designated as net investment hedge instruments, as defined by ASC Topic 815, held during the period resulted in the following gains recorded in Interest expense on components excluded from the assessment of effectiveness: (in millions) Three Months Ended March 31, Net investment hedges 2022 2021 Cross-currency swaps $ 6 $ 5
Schedule of derivatives not designated as hedging instruments	Derivatives not designated as hedging instruments are used to hedge remeasurement exposures of monetary assets and liabilities denominated in currencies other than the operating units' functional currency. These derivatives resulted in the following gains recorded in income: (in millions) Three Months Ended March 31, Contract Type Location 2022 2021 Foreign Currency Selling, general and administrative expenses $ (1) $ 1

RETIREMENT BENEFIT PLANS (Table

RETIREMENT BENEFIT PLANS (Tables)	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Schedule of net benefit (income) costs	The components of net periodic benefit (income) cost recorded in the Condensed Consolidated Statements of Operations are as follows: Pension benefits Other postemployment benefits (in millions) 2022 2021 Three Months Ended March 31, US Non-US US Non-US 2022 2021 Service cost $ — $ 5 $ — $ 6 $ — $ — Interest cost 1 10 1 8 — — Expected return on plan assets (2) (20) (3) (21) — — Amortization of unrecognized prior service credit — — — — — — Amortization of unrecognized loss — 2 1 3 — — Net periodic benefit income $ (1) $ (3) $ (1) $ (4) $ — $ —

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of stockholders equity	The changes of the Stockholders’ Equity items during the three months ended March 31, 2022 and 2021, are as follows: BorgWarner Inc. stockholders' equity (in millions) Issued common stock Capital in excess of par value Treasury stock Retained earnings Accumulated other comprehensive income (loss) Noncontrolling interests Balance, December 31, 2021 $ 3 $ 2,637 $ (1,812) $ 6,671 $ (551) $ 314 Dividends declared ($0.17 per share*) — — — (41) — (45) Net issuance for executive stock plan — (6) 4 — — — Net issuance of restricted stock — (15) 12 — — — Purchase of treasury stock — — (40) — — — Purchase/sale of noncontrolling interest — 1 — — — (4) Net earnings — — — 200 — 24 Other comprehensive loss — — — — (13) (1) Balance, March 31, 2022 $ 3 $ 2,617 $ (1,836) $ 6,830 $ (564) $ 288 BorgWarner Inc. stockholders' equity (in millions) Issued common stock Capital in excess of par value Treasury stock Retained earnings Accumulated other comprehensive income (loss) Noncontrolling interests Balance, December 31, 2020 $ 3 $ 2,614 $ (1,834) $ 6,296 $ (651) $ 296 Dividends declared ($0.17 per share*) — — — (40) — (33) Net issuance for executive stock plan — (2) 3 — — — Net issuance of restricted stock — (23) 21 — — — Net earnings — — — 65 — 29 Other comprehensive loss — — — — (85) (5) Balance, March 31, 2021 $ 3 $ 2,589 $ (1,810) $ 6,321 $ (736) $ 287 __________________________________ * Per share dividends amount declared relate to BorgWarner common stock.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of accumulated other comprehensive loss	The following tables summarize the activity within accumulated other comprehensive loss during the three months ended March 31, 2022 and 2021: (in millions) Foreign currency translation adjustments Hedge instruments Defined benefit retirement plans Total Beginning balance, December 31, 2021 $ (423) $ — $ (128) $ (551) Comprehensive (loss) income before reclassifications (18) (1) 3 (16) Income taxes associated with comprehensive (loss) income before reclassifications — — — — Reclassification from accumulated other comprehensive loss — 1 2 3 Income taxes reclassified into net earnings — — — — Ending balance, March 31, 2022 $ (441) $ — $ (123) $ (564) (in millions) Foreign currency translation adjustments Hedge instruments Defined benefit retirement plans Total Beginning balance, December 31, 2020 $ (321) $ — $ (330) $ (651) Comprehensive (loss) income before reclassifications (73) (6) 4 (75) Income taxes associated with comprehensive (loss) income before reclassifications (14) — 1 (13) Reclassification from accumulated other comprehensive loss — — 4 4 Income taxes reclassified into net earnings — — (1) (1) Ending balance, March 31, 2021 $ (408) $ (6) $ (322) $ (736)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of earnings per share reconciliation	The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock: Three Months Ended March 31, (in millions, except per share amounts) 2022 2021 Basic earnings per share: Net earnings attributable to BorgWarner Inc. $ 200 $ 65 Weighted average shares of common stock outstanding 238.2 237.7 Basic earnings per share of common stock $ 0.84 $ 0.27 Diluted earnings per share: Net earnings attributable to BorgWarner Inc. $ 200 $ 65 Weighted average shares of common stock outstanding 238.2 237.7 Effect of stock-based compensation 0.8 0.7 Weighted average shares of common stock outstanding including dilutive shares 239.0 238.4 Diluted earnings per share of common stock $ 0.84 $ 0.27

REPORTING SEGMENTS AND RELATE_2

REPORTING SEGMENTS AND RELATED INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of net sales by reporting segment	The following tables show segment information and Segment Adjusted Operating Income for the Company’s reporting segments: Net Sales by Reporting Segment Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (in millions) Customers Inter-segment Net Customers Inter-segment Net Air Management $ 1,895 $ 36 $ 1,931 $ 1,968 $ 43 $ 2,011 e-Propulsion & Drivetrain 1,346 44 1,390 1,419 47 1,466 Fuel Injection 430 42 472 427 48 475 Aftermarket 203 2 205 195 2 197 Inter-segment eliminations — (124) (124) — (140) (140) Net sales $ 3,874 $ — $ 3,874 $ 4,009 $ — $ 4,009
Schedule of segment earnings before interest and income taxes	Segment Adjusted Operating Income Three Months Ended March 31, (in millions) 2022 2021 Air Management $ 257 $ 329 e-Propulsion & Drivetrain 119 149 Fuel Injection 52 34 Aftermarket 24 21 Segment Adjusted Operating Income 452 533 Corporate, including stock-based compensation 63 69 Merger, acquisition and divestiture expense 23 13 Intangible asset amortization expense 23 20 Restructuring expense (Note 5) 15 30 Gain on sale of business (Note 3) (24) — Net gain on insurance recovery for property damage — (2) Equity in affiliates’ earnings, net of tax (8) (12) Unrealized loss on equity securities 39 272 Interest expense, net 15 18 Other postretirement income (9) (11) Earnings before income taxes and noncontrolling interest 315 136 Provision for income taxes 91 42 Net earnings 224 94 Net earnings attributable to noncontrolling interest, net of tax 24 29 Net earnings attributable to BorgWarner Inc. $ 200 $ 65

OPERATING CASH FLOWS AND OTHE_2

OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Elements [Abstract]
Schedule of cash flow, supplemental disclosures	Three Months Ended March 31, (in millions) 2022 2021 OPERATING Net earnings $ 224 $ 94 Adjustments to reconcile net earnings to net cash flows from operations: Depreciation and tooling amortization 157 175 Intangible asset amortization 23 20 Restructuring expense, net of cash paid 12 18 Stock-based compensation expense 12 12 Gain on sale of business (26) — Deferred income tax benefit (8) (64) Unrealized loss on equity securities 39 272 Other non-cash adjustments (10) (16) Net earnings adjustments to reconcile to net cash flows from operations 423 511 Retirement plan contributions (5) (7) Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments: Receivables (282) (290) Inventories (124) (104) Prepayments and other current assets 3 — Accounts payable and accrued expenses 109 172 Prepaid taxes and income taxes payable (9) 18 Other assets and liabilities 1 42 Net cash provided by operating activities $ 116 $ 342 SUPPLEMENTAL CASH FLOW INFORMATION Cash paid during the period for: Interest, net $ 27 $ 25 Income taxes, net of refunds $ 96 $ 75 Balance as of: Non-cash investing transactions: March 31, December 31, Period end accounts payable related to property, plant and equipment purchases $ 107 $ 142

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) € / shares in Units, € in Millions, ¥ in Millions, $ in Millions	1 Months Ended	3 Months Ended			12 Months Ended
	Feb. 28, 2022USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2022CNY (¥)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021EUR (€)	Mar. 31, 2022CNY (¥)	Dec. 31, 2021EUR (€)	Dec. 17, 2021€ / shares	Oct. 25, 2021USD ($)	Aug. 02, 2021	Jun. 04, 2021USD ($)	Jun. 04, 2021EUR (€)	Dec. 29, 2020	Sep. 30, 2019USD ($)	May 31, 2019USD ($)
Business Acquisition [Line Items]
Earn out payments, current		$ 16			$ 0
Earn out payments, noncurrent		24			0
Goodwill		3,388			3,279
Unrealized gain (loss) on investments		(39)		$ (272)
Equity securities		60			130
BorgWarner Romeo Power LLC
Business Acquisition [Line Items]
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure										$ 30
BorgWarner Romeo Power LLC | Corporate Joint Venture
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by parent (in percent)															60.00%
Romeo Power Inc
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by parent (in percent)														14.00%
Romeo Power Inc
Business Acquisition [Line Items]
Equity method interest (percent)																20.00%
Unrealized gain (loss) on investments		(39)		$ (272)
Equity Securities, FV-NI					$ 70
BorgWarner Romeo Power LLC
Business Acquisition [Line Items]
Percent of ownership interest disposal	60.00%
Proceeds from divestiture of joint venture	$ 29
Business combination fair value reduced by discount	5.00%
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure	$ 30
BorgWarner Romeo Power LLC | Corporate Joint Venture
Business Acquisition [Line Items]
Payments for investments in equity securities															$ 10
Gain on Sale of Investments		$ 24
Senior Notes | 1.000% Senior Notes due 05/19/31 (€1,000 million par value)
Business Acquisition [Line Items]
Debt instrument stated interest rate												1.00%	1.00%
Santoll Automotive Components
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired		100.00%					100.00%
Business consideration		$ 212
Base purchase price		172	¥ 1,100
Earn out payment liability		40	¥ 250
Payments to acquire businesses		157
Business combination, consideration payable		15
Earn-out payments		47					¥ 300
Goodwill		132
Other intangible assets, net		87
Santoll Automotive Components | Other Current Liabilities
Business Acquisition [Line Items]
Earn out payments, current		16
Santoll Automotive Components | Other Noncurrent Liabilities
Business Acquisition [Line Items]
Earn out payments, noncurrent		24
AKASOL
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired					93.00%			93.00%			100.00%	89.00%	89.00%
Goodwill		704										$ 707
Other intangible assets, net		130										130
Amount of settlement paid												788	€ 648
Financial liabilities assumed												77	€ 64
Purchase of additional shares of AKASOL					$ 33	€ 28
Share price (in euro per share) | € / shares									€ 119.16
Noncontrolling interest		96			$ 58			€ 51				$ 96
Romeo Power Inc
Business Acquisition [Line Items]
Payments for investments in equity securities																$ 50
Romeo Power Inc | Romeo Power Inc
Business Acquisition [Line Items]
Equity Securities, FV-NI		$ 31

ACQUISITIONS - Fair Values of A

ACQUISITIONS - Fair Values of Assets Acquired and Liabilities (Details) € in Millions, $ in Millions	10 Months Ended
	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021EUR (€)	Jun. 04, 2021USD ($)
ASSETS
Goodwill	$ 3,388	$ 3,279
Santoll Automotive Components
ASSETS
Receivables, net	7
Inventories, net	1
Property, plant and equipment, net	9
Goodwill	132
Other intangible assets, net	87
Total assets acquired	236
LIABILITIES
Accounts payable	2
Other non-current liabilities	22
Total liabilities assumed	24
Net assets acquired	212
AKASOL
ASSETS
Cash and cash equivalents	29			$ 29
Measurement period adjustments, cash and cash equivalents	0
Receivables, net	16			16
Measurement period adjustments, receivables, net	0
Inventories, net	40			42
Measurement period adjustments, inventories, net	(2)
Prepayments and other current assets	5			5
Measurement period adjustments, prepayments and other current assets	0
Property, plant and equipment, net	103			106
Measurement period adjustments, property, plant and equipment, net	(3)
Goodwill	704			707
Measurement period adjustments, goodwill	(3)
Other intangible assets, net	130			130
Measurement period adjustments, other intangible assets, net	0
Other non-current assets	7			0
Measurement period adjustments, other non current assets	7
Total assets acquired	1,034			1,035
Measurement period adjustments, total assets acquired	(1)
LIABILITIES
Notes payable and other short-term debt	8			8
Measurement period adjustments, notes payable and other short-term debt	0
Accounts payable	22			22
Measurement period adjustments, accounts payable	0
Other current liabilities	19			13
Measurement period adjustments, other current liabilities	6
Long-term debt	69			69
Measurement period adjustments, total liabilities assumed	0
Other non-current liabilities	32			39
Measurement period adjustments, other	(7)
Total liabilities assumed	150			151
Measurement period adjustments, total liabilities assumed	(1)
Noncontrolling interest	96	$ 58	€ 51	96
Measurement period adjustments, non controlling interests	0
Net assets and noncontrolling interest acquired	788			788
Measurement period adjustments, net assets and non controlling interests	$ 0
Restricted cash				$ 16

ACQUISITIONS - Schedule of Othe

ACQUISITIONS - Schedule of Other Intangible Assets Acquired (Details) - AKASOL - USD ($) $ in Millions	Jun. 04, 2021	Mar. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 95
Other intangible assets, net	130	$ 130
Unamortized trade names
Finite-Lived Intangible Assets [Line Items]
Unamortized trade name	$ 35
Developed technology
Finite-Lived Intangible Assets [Line Items]
Estimated Life	5 years
Estimated Fair Value	$ 70
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Estimated Life	11 years
Estimated Fair Value	$ 25

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Allowance for credit loss	$ 19	$ 17
Contract liabilities - Current	22	21
Deferred income	65	68
Customer incentive payments	37	36
Customer incentive payments	$ 127	137
Minimum
Disaggregation of Revenue [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction (in years)	3 years
Maximum
Disaggregation of Revenue [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction (in years)	7 years
Other Current Liabilities
Disaggregation of Revenue [Line Items]
Contract liabilities - Current	$ 22	21
Other non-current liabilities
Disaggregation of Revenue [Line Items]
Deferred income		1
Other non-current liabilities | Maximum
Disaggregation of Revenue [Line Items]
Deferred income	1
Prepayments and other current assets
Disaggregation of Revenue [Line Items]
Customer incentive payments	37	36
Other non-current assets
Disaggregation of Revenue [Line Items]
Customer incentive payments	$ 127	$ 137

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Net sales	$ 3,874	$ 4,009
Air Management
Disaggregation of Revenue [Line Items]
Net sales	1,895	1,968
e-Propulsion & Drivetrain
Disaggregation of Revenue [Line Items]
Net sales	1,346	1,419
Fuel Injection
Disaggregation of Revenue [Line Items]
Net sales	430	426
Aftermarket
Disaggregation of Revenue [Line Items]
Net sales	203	196
North America
Disaggregation of Revenue [Line Items]
Net sales	1,171	1,137
North America | Air Management
Disaggregation of Revenue [Line Items]
Net sales	529	532
North America | e-Propulsion & Drivetrain
Disaggregation of Revenue [Line Items]
Net sales	522	535
North America | Fuel Injection
Disaggregation of Revenue [Line Items]
Net sales	45	3
North America | Aftermarket
Disaggregation of Revenue [Line Items]
Net sales	75	67
Europe
Disaggregation of Revenue [Line Items]
Net sales	1,358	1,482
Europe | Air Management
Disaggregation of Revenue [Line Items]
Net sales	796	833
Europe | e-Propulsion & Drivetrain
Disaggregation of Revenue [Line Items]
Net sales	240	276
Europe | Fuel Injection
Disaggregation of Revenue [Line Items]
Net sales	223	271
Europe | Aftermarket
Disaggregation of Revenue [Line Items]
Net sales	99	102
Asia
Disaggregation of Revenue [Line Items]
Net sales	1,259	1,324
Asia | Air Management
Disaggregation of Revenue [Line Items]
Net sales	526	572
Asia | e-Propulsion & Drivetrain
Disaggregation of Revenue [Line Items]
Net sales	575	602
Asia | Fuel Injection
Disaggregation of Revenue [Line Items]
Net sales	144	137
Asia | Aftermarket
Disaggregation of Revenue [Line Items]
Net sales	14	13
Other
Disaggregation of Revenue [Line Items]
Net sales	86	66
Other | Air Management
Disaggregation of Revenue [Line Items]
Net sales	44	31
Other | e-Propulsion & Drivetrain
Disaggregation of Revenue [Line Items]
Net sales	9	6
Other | Fuel Injection
Disaggregation of Revenue [Line Items]
Net sales	18	15
Other | Aftermarket
Disaggregation of Revenue [Line Items]
Net sales	$ 15	$ 14

RESTRUCTURING - Reserve by Type

RESTRUCTURING - Reserve by Type of Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 12	$ 18
Restructuring expense	15	30
2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense	13	24
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	0
Air Management
Restructuring Cost and Reserve [Line Items]
Restructuring expense	7	17
Air Management | 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense	6	15
e-Propulsion & Drivetrain | 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense	7	10
Fuel Injection
Restructuring Cost and Reserve [Line Items]
Restructuring expense	1	3
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense	8	21
Employee termination benefits | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	0
Employee termination benefits | Air Management
Restructuring Cost and Reserve [Line Items]
Restructuring expense	7	14
Employee termination benefits | e-Propulsion & Drivetrain | 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	4
Employee termination benefits | Fuel Injection
Restructuring Cost and Reserve [Line Items]
Restructuring expense	1	3
Other
Restructuring Cost and Reserve [Line Items]
Restructuring expense	7	9
Other | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	0
Other | Air Management
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	3
Other | e-Propulsion & Drivetrain | 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense	7	6
Other | Fuel Injection
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 0	$ 0

RESTRUCTURING - Roll Forward of

RESTRUCTURING - Roll Forward of Restructuring Liability (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	$ 139	$ 173
Restructuring expense, net	15	30
Cash payments	(50)	(66)
Foreign currency translation adjustment and other	0
Restructuring reserve, ending balance	104	137
Less: Non-current restructuring liability	27	51
Current restructuring liability	77	86
Employee Termination Benefits
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	126	160
Restructuring expense, net	8	21
Cash payments	(38)	(54)
Foreign currency translation adjustment and other	(3)
Restructuring reserve, ending balance	93	127
Less: Non-current restructuring liability	25	48
Current restructuring liability	68	79
Other
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	13	13
Restructuring expense, net	7	9
Cash payments	(12)	(12)
Foreign currency translation adjustment and other	3
Restructuring reserve, ending balance	11	10
Less: Non-current restructuring liability	2	3
Current restructuring liability	$ 9	$ 7

RESTRUCTURING - Narrative (Deta

RESTRUCTURING - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)employee	Mar. 31, 2021USD ($)employee
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	$ 15	$ 30
Restructuring expense, net of cash paid	12	18
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	8	21
Air Management
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	7	17
Air Management | Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	7	14
Fuel Injection
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	1	3
Fuel Injection | Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	1	3
2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	13	24
Restructuring cost, incurred to date	264
Restructuring and related plan	300
2020 Restructuring Plan | Air Management
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	$ 6	$ 15
Number of positions eliminated | employee	25	36
2020 Restructuring Plan | Air Management | Termination Benefit
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net		$ 12
2020 Restructuring Plan | Air Management | Severance Costs and Professional Fees
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	$ 5	3
2020 Restructuring Plan | e-Propulsion & Drivetrain
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	7	10
2020 Restructuring Plan | e-Propulsion & Drivetrain | Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid	0	4
Delphi Technologies Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	2	5
Restructuring cost, incurred to date	64
Delphi Technologies Restructuring | Air Management | Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net	$ 1	2
Delphi Technologies Restructuring | Fuel Injection | Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expense, net of cash paid		$ 3

RESEARCH AND DEVELOPMENT COST_2

RESEARCH AND DEVELOPMENT COSTS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Research and Development [Abstract]
Gross R&D expenditures	$ 232	$ 200
Customer reimbursements	(41)	(17)
Net R&D expenditures	$ 191	$ 183

OTHER OPERATING (INCOME) EXPE_3

OTHER OPERATING (INCOME) EXPENSE, NET - Other Operating Expense, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Merger, acquisition and divestiture expense	$ 23	$ 13
Gain on sale of business	(24)	0
Net gain on insurance recovery for property damage	0	(2)
Other income, net	(4)	(3)
Other operating (income) expense, net	$ (5)	$ 8

OTHER OPERATING (INCOME) EXPE_4

OTHER OPERATING (INCOME) EXPENSE, NET - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Merger, acquisition and divestiture expense	$ 23	$ 13

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate, continuing operations (in percent)	29.00%	31.00%

INVENTORIES, NET (Details)

INVENTORIES, NET (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw material and supplies	$ 1,114	$ 1,057
Work in progress	182	175
Finished goods	380	327
FIFO inventories	1,676	1,559
LIFO reserve	(32)	(25)
Inventories, net	$ 1,644	$ 1,534

OTHER CURRENT AND NON-CURRENT_4

OTHER CURRENT AND NON-CURRENT ASSETS (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Prepayments and other current assets:
Prepaid tooling	$ 75	$ 81
Prepaid taxes	71	64
Customer incentive payments	37	36
Prepaid engineering	26	27
Contract assets	19	17
Other	98	96
Total prepayments and other current assets	326	321
Investments and long-term receivables:
Investment in equity affiliates	305	298
Long-term receivables	108	102
Equity securities	60	130
Total investments and long-term receivables	473	530
Other non-current assets:
Deferred income taxes	270	254
Operating leases	184	185
Customer incentive payments	127	137
Other	112	107
Total other non-current assets	$ 693	$ 683

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLES - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Gross goodwill balance, December 31, 2021	$ 3,781
Accumulated impairment losses, December 31, 2021		$ (502)
Net goodwill balance, December 31, 2021	3,388	3,279
Acquisition	132
Other, primarily translation adjustment	(23)
Ending balance, March 31, 2022	3,388
Air Management
Goodwill [Roll Forward]
Gross goodwill balance, December 31, 2021	2,169
Accumulated impairment losses, December 31, 2021		(502)
Net goodwill balance, December 31, 2021	1,639	1,667
Acquisition	0
Other, primarily translation adjustment	(28)
Ending balance, March 31, 2022	1,639
e-Propulsion & Drivetrain
Goodwill [Roll Forward]
Gross goodwill balance, December 31, 2021	1,301
Accumulated impairment losses, December 31, 2021		0
Net goodwill balance, December 31, 2021	1,429	1,301
Acquisition	132
Other, primarily translation adjustment	(4)
Ending balance, March 31, 2022	1,429
Aftermarket
Goodwill [Roll Forward]
Gross goodwill balance, December 31, 2021	311
Accumulated impairment losses, December 31, 2021		0
Net goodwill balance, December 31, 2021	320	$ 311
Acquisition	0
Other, primarily translation adjustment	9
Ending balance, March 31, 2022	$ 320

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLES - Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortized intangible assets, gross carrying amount	$ 1,408	$ 1,334
Amortized intangible assets, accumulated amortization	439	422
Amortized intangible assets, net carrying amount	969	912
Intangible assets, gross (excluding goodwill)	1,586	1,513
Other intangible assets, net	1,147	1,091
Unamortized trade names
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Unamortized trade names	178	179
Patented and unpatented technology
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortized intangible assets, gross carrying amount	465	443
Amortized intangible assets, accumulated amortization	113	105
Amortized intangible assets, net carrying amount	352	338
Customer relationships
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortized intangible assets, gross carrying amount	929	877
Amortized intangible assets, accumulated amortization	319	310
Amortized intangible assets, net carrying amount	610	567
Miscellaneous
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortized intangible assets, gross carrying amount	14	14
Amortized intangible assets, accumulated amortization	7	7
Amortized intangible assets, net carrying amount	$ 7	$ 7
Minimum | Patented and unpatented technology
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	5 years
Minimum | Customer relationships
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	7 years
Minimum | Miscellaneous
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	2 years
Maximum | Patented and unpatented technology
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	15 years
Maximum | Customer relationships
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	15 years
Maximum | Miscellaneous
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Estimated useful lives (years)	13 years

PRODUCT WARRANTY - Narrative (D

PRODUCT WARRANTY - Narrative (Details)	3 Months Ended
	Mar. 31, 2022
Minimum
Guarantor Obligations [Line Items]
Product warranty term	1 year
Maximum
Guarantor Obligations [Line Items]
Product warranty term	3 years

PRODUCT WARRANTY - Product Warr

PRODUCT WARRANTY - Product Warranty Accrual Accounts (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Product warranty rollforward
Beginning balance, January 1	$ 236	$ 253
Provisions for current period sales	24	28
Adjustments of prior estimates	(2)	13
Payments	(25)	(29)
Other, primarily translation adjustment	(3)	(5)
Ending balance, March 31	230	260
Other current liabilities	120		$ 128
Other non-current liabilities	110		108
Total product warranty liability	$ 230	$ 260	$ 236

NOTES PAYABLE AND DEBT - Debt O

NOTES PAYABLE AND DEBT - Debt Outstanding (Details)	Mar. 31, 2022USD ($)	Mar. 31, 2022EUR (€)	Dec. 31, 2021USD ($)	Jun. 04, 2021	Oct. 05, 2020	Jun. 19, 2020USD ($)
Long-term debt
Total long-term debt	$ 4,227,000,000		$ 4,265,000,000
Less: current portion	4,000,000		4,000,000
Long-term debt, net of current portion	4,223,000,000		4,261,000,000
Senior Notes | 3.375% Senior notes due 03/15/25 ($500 million par value)
Long-term debt
Long-term debt	$ 498,000,000		498,000,000
Debt instrument stated interest rate	3.375%	3.375%
Debt instrument face value	$ 500,000,000
Senior Notes | 5.000% Senior notes due 10/01/25 ($800 million par value)
Long-term debt
Long-term debt	884,000,000		889,000,000
Debt instrument stated interest rate					5.00%
Debt instrument face value	800,000,000
Senior Notes | 2.650% Senior notes due 07/01/27 ($1,100 million par value)
Long-term debt
Long-term debt	1,090,000,000		1,092,000,000
Debt instrument stated interest rate						2.65%
Debt instrument face value						$ 1,100,000,000
Senior Notes | 7.125% Senior notes due 02/15/29 ($121 million par value)
Long-term debt
Long-term debt	$ 120,000,000		119,000,000
Debt instrument stated interest rate	7.125%	7.125%
Debt instrument face value	$ 121,000,000
Senior Notes | 1.000% Senior Notes due 05/19/31 (€1,000 million par value)
Long-term debt
Long-term debt	1,087,000,000		1,117,000,000
Debt instrument stated interest rate				1.00%
Debt instrument face value | €		€ 1,000,000,000
Senior Notes | 4.375% Senior notes due 03/15/45 ($500 million par value)
Long-term debt
Long-term debt	$ 494,000,000		494,000,000
Debt instrument stated interest rate	4.375%	4.375%
Debt instrument face value	$ 500,000,000
Term Loan | Term loan facilities, finance leases and other
Long-term debt
Long-term debt	$ 54,000,000		$ 56,000,000

NOTES PAYABLE AND DEBT - Narrat

NOTES PAYABLE AND DEBT - Narrative (Details)	Mar. 31, 2022USD ($)	Mar. 31, 2022EUR (€)	Dec. 31, 2021USD ($)	Jun. 04, 2021	Oct. 01, 2020USD ($)	Mar. 13, 2020USD ($)
Line of Credit Facility
Potential additional increase to credit facility	$ 2,000,000,000
Estimated fair value of senior unsecured notes	4,020,000,000		$ 4,421,000,000
Debt, difference between fair value and carrying value	(153,000,000)		212,000,000
Letters of credit outstanding, amount	43,000,000		35,000,000
Short Term Borrowings
Line of Credit Facility
Short-term borrowings	60,000,000		62,000,000
1.000% Senior Notes due 05/19/31 (€1,000 million par value) | Senior Notes
Line of Credit Facility
Debt instrument face value | €		€ 1,000,000,000
Debt instrument stated interest rate				1.00%
Revolving Credit Facility
Line of Credit Facility
Maximum borrowing capacity					$ 2,000,000,000
Potential additional increase to credit facility						$ 1,000,000,000
Line of credit outstanding	0		0
Short-term, Unsecured Commercial Paper Notes
Line of Credit Facility
Line of credit outstanding	0		$ 0
Commercial Paper
Line of Credit Facility
Current borrowing capacity	$ 2,000,000,000

NOTES PAYABLE AND DEBT - Schedu

NOTES PAYABLE AND DEBT - Schedule of consolidated statements of operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Debt Disclosure [Abstract]
Interest expense	$ 19	$ 21
Interest income	(4)	(3)
Interest expense, net	$ (15)	$ (18)

OTHER CURRENT AND NON-CURRENT_5

OTHER CURRENT AND NON-CURRENT LIABILITIES (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Other current liabilities:
Payroll and employee related	$ 232	$ 330
Customer related	220	220
Product warranties	120	128
Income taxes payable	102	105
Indirect taxes	87	106
Employee termination benefits	69	85
Accrued freight	56	46
Operating leases	40	43
Interest	37	23
Deferred engineering reimbursements	35	44
Dividends payable	27	18
Supplier related	22	18
Contract liabilities	22	21
Other non-income taxes	21	22
Insurance	18	19
Earn-out liability	16	0
Retirement related	16	16
Mandatorily redeemable noncontrolling interest liability	0	58
Other	190	154
Total other current liabilities	1,330	1,456
Other non-current liabilities:
Other income tax liabilities	281	274
Deferred income taxes	240	206
Operating leases	153	152
Product warranties	110	108
Deferred income	65	68
Derivative instruments	27	54
Employee termination benefits	25	41
Earn-out liability	24	0
Other	63	61
Total other non-current liabilities	$ 988	$ 964

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Fair Value, Recurring - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Valuation, Income Approach
Assets:
Long-term receivables		$ 35
Liabilities:
Current earn-out liability	$ 16
Non-current earn-out liability	24
Valuation, Income Approach | Long-term receivables
Assets:
Long-term receivables	35
Valuation, Income Approach | Fair Value, Inputs, Level 1
Assets:
Long-term receivables		0
Liabilities:
Current earn-out liability	0
Non-current earn-out liability	0
Valuation, Income Approach | Fair Value, Inputs, Level 1 | Long-term receivables
Assets:
Long-term receivables	0
Valuation, Income Approach | Fair Value, Inputs, Level 2
Assets:
Long-term receivables		17
Liabilities:
Current earn-out liability	0
Non-current earn-out liability	0
Valuation, Income Approach | Fair Value, Inputs, Level 2 | Long-term receivables
Assets:
Long-term receivables	17
Valuation, Income Approach | Fair Value, Inputs, Level 3
Assets:
Long-term receivables		18
Liabilities:
Current earn-out liability	16
Non-current earn-out liability	24
Valuation, Income Approach | Fair Value, Inputs, Level 3 | Long-term receivables
Assets:
Long-term receivables	18
Valuation, Market Approach
Assets:
Investment in equity securities		70
Foreign currency contracts	16	13
Net investment hedge contracts	11	8
Liabilities:
Foreign currency contracts	11	8
Net investment hedge contracts	27	54
Valuation, Market Approach | Fair Value, Inputs, Level 1
Assets:
Investment in equity securities		70
Foreign currency contracts	0	0
Net investment hedge contracts	0	0
Liabilities:
Foreign currency contracts	0	0
Net investment hedge contracts	0	0
Valuation, Market Approach | Fair Value, Inputs, Level 2
Assets:
Investment in equity securities		0
Foreign currency contracts	16	13
Net investment hedge contracts	11	8
Liabilities:
Foreign currency contracts	11	8
Net investment hedge contracts	27	54
Valuation, Market Approach | Fair Value, Inputs, Level 3
Assets:
Investment in equity securities		0
Foreign currency contracts	0	0
Net investment hedge contracts	0	0
Liabilities:
Foreign currency contracts	0	0
Net investment hedge contracts	$ 0	$ 0

FINANCIAL INSTRUMENTS - Foreign

FINANCIAL INSTRUMENTS - Foreign Currency Derivative Contract (Details) € in Millions, ₩ in Millions, ฿ in Millions, ¥ in Millions, £ in Millions, zł in Millions, $ in Millions, $ in Millions, $ in Millions

Mar. 31, 2022USD ($)

Mar. 31, 2022EUR (€)

Mar. 31, 2022GBP (£)

Mar. 31, 2022PLN (zł)

Mar. 31, 2022CNY (¥)

Mar. 31, 2022KRW (₩)

Mar. 31, 2022MXN ($)

Mar. 31, 2022SGD ($)

Mar. 31, 2022THB (฿)

Dec. 31, 2021USD ($)

Dec. 31, 2021EUR (€)

Dec. 31, 2021GBP (£)

Dec. 31, 2021PLN (zł)

Dec. 31, 2021CNY (¥)

Dec. 31, 2021KRW (₩)

Dec. 31, 2021MXN ($)

Dec. 31, 2021SGD ($)

Dec. 31, 2021THB (฿)

Brazilian Real | Foreign currency

Derivative [Line Items]

Derivative, notional amount

$ 16

$ 23

British Pound | Foreign currency

Derivative [Line Items]

Derivative, notional amount | €

€ 0

€ 42

Chinese Renminbi | Foreign currency

Derivative [Line Items]

Derivative, notional amount

126

19

£ 20

185

26

£ 26

Euro | Foreign currency

Derivative [Line Items]

Derivative, notional amount

63

40

zł 276

86

6

zł 394

US Dollar

Derivative [Line Items]

Derivative, notional amount

$ 10

$ 10

US Dollar | Foreign currency

Derivative [Line Items]

Derivative, notional amount

€ 39

£ 9

¥ 81

₩ 59,818

$ 1,830

$ 18

฿ 1,920

€ 28

£ 13

¥ 0

₩ 49,919

$ 2,619

$ 27

฿ 1,720

FINANCIAL INSTRUMENTS - Cross-C

FINANCIAL INSTRUMENTS - Cross-Currency Swap Contract (Details) € in Millions, ¥ in Millions, $ in Millions	Mar. 31, 2022USD ($)	Mar. 31, 2022EUR (€)	Mar. 31, 2022JPY (¥)	Dec. 31, 2021USD ($)	Dec. 31, 2021EUR (€)	Dec. 31, 2021JPY (¥)
US Dollar
Derivative [Line Items]
Derivative, notional amount	$ 10			$ 10
Cross-currency swaps | US Dollar | Maturity Period March 2025
Derivative [Line Items]
Derivative, notional amount	1,100			1,100
Cross-currency swaps | US Dollar | Maturity Period July 2027
Derivative [Line Items]
Derivative, notional amount	500			500
Cross-currency swaps | US Dollar | Maturity Period Feb 2023
Derivative [Line Items]
Derivative, notional amount	$ 100			$ 100
Cross-currency swaps | Euro | Maturity Period March 2025
Derivative [Line Items]
Derivative, notional amount | €		€ 976			€ 976
Cross-currency swaps | Euro | Maturity Period July 2027
Derivative [Line Items]
Derivative, notional amount | €		€ 450			€ 450
Cross-currency swaps | Japanese Yen | Maturity Period Feb 2023
Derivative [Line Items]
Derivative, notional amount | ¥			¥ 10,978			¥ 10,978

FINANCIAL INSTRUMENTS - Balance

FINANCIAL INSTRUMENTS - Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Designated as Hedging Instrument | Foreign currency | Prepayments and other current assets
Derivatives, Fair Value
Derivative assets	$ 9	$ 7
Designated as Hedging Instrument | Foreign currency | Other Current Liabilities
Derivatives, Fair Value
Derivative liability	11	8
Designated as Hedging Instrument | Cross-currency swaps | Other non-current assets | Net Investment Hedging
Derivatives, Fair Value
Derivative assets	11	8
Designated as Hedging Instrument | Cross-currency swaps | Other non-current liabilities | Net Investment Hedging
Derivatives, Fair Value
Derivative liability	27	54
Not Designated as Hedging Instrument | Foreign currency | Prepayments and other current assets
Derivatives, Fair Value
Derivative assets	7	6
Not Designated as Hedging Instrument | Foreign currency | Other Current Liabilities
Derivatives, Fair Value
Derivative liability	$ 0	$ 0

FINANCIAL INSTRUMENTS - AOCI (D

FINANCIAL INSTRUMENTS - AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value
Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from hedges, before tax	$ 72	$ 10
Gain (loss) expected to be reclassified to income in one year or less	0
Foreign currency | Net Investment Hedging
Derivatives, Fair Value
Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from hedges, before tax	(10)	(10)
Gain (loss) expected to be reclassified to income in one year or less	0
Cross-currency swaps | Net Investment Hedging
Derivatives, Fair Value
Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from hedges, before tax	(15)	(46)
Gain (loss) expected to be reclassified to income in one year or less	0
Foreign currency-denominated debt | Net Investment Hedging
Derivatives, Fair Value
Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from hedges, before tax	97	$ 66
Gain (loss) expected to be reclassified to income in one year or less	$ 0

FINANCIAL INSTRUMENTS - Income

FINANCIAL INSTRUMENTS - Income Statement (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss)
Net sales	$ 3,874	$ 4,009
Cost of sales	3,124	3,191
Selling, general and administrative expenses	388	377
Other comprehensive income (loss)	(13)	(85)
Gain (loss) on cash flow hedging relationships:
Gain (loss) recognized in other comprehensive income	(1)	$ (6)
Foreign currency | Cash Flow Hedging | Gain (loss) reclassified from AOCI to income
Derivative Instruments, Gain (Loss)
Net sales	0
Cost of sales	(1)
Selling, general and administrative expenses	$ 0

FINANCIAL INSTRUMENTS - Other C

FINANCIAL INSTRUMENTS - Other Comprehensive Income (Loss) (Details) - Net Investment Hedging - Other comprehensive income (loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cross-currency swaps
Derivative Instruments, Gain (Loss)
Gains and (losses) on derivative instruments	$ 31	$ 44
Foreign currency-denominated debt
Derivative Instruments, Gain (Loss)
Gains and (losses) on derivative instruments	$ 31	$ 25

FINANCIAL INSTRUMENTS - Derivat

FINANCIAL INSTRUMENTS - Derivative Instruments Gain (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cross-currency swaps
Derivative Instruments, Gain (Loss)
Net investment hedges	$ 6	$ 5

FINANCIAL INSTRUMENTS - Deriv_2

FINANCIAL INSTRUMENTS - Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Foreign currency | Not Designated as Hedging Instrument | Selling, general and administrative expenses
Derivative [Line Items]
Gain (loss) on derivatives not designated as hedges	$ (1)	$ 1

RETIREMENT BENEFIT PLANS - Narr

RETIREMENT BENEFIT PLANS - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Defined Benefit Plan Disclosure [Line Items]
Actual contribution to defined benefit pension plans	$ 5
Minimum
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, expected future employer contributions, current fiscal year	20
Maximum
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, expected future employer contributions, current fiscal year	$ 30

RETIREMENT BENEFIT PLANS - Net

RETIREMENT BENEFIT PLANS - Net Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Pension benefits | US
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0
Interest cost	1	1
Expected return on plan assets	(2)	(3)
Amortization of unrecognized prior service credit	0	0
Amortization of unrecognized loss	0	1
Net periodic benefit income	(1)	(1)
Pension benefits | Non-US
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	6
Interest cost	10	8
Expected return on plan assets	(20)	(21)
Amortization of unrecognized prior service credit	0	0
Amortization of unrecognized loss	2	3
Net periodic benefit income	(3)	(4)
Other postemployment benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0
Interest cost	0	0
Expected return on plan assets	0	0
Amortization of unrecognized prior service credit	0	0
Amortization of unrecognized loss	0	0
Net periodic benefit income	$ 0	$ 0

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 7,262
Net earnings	200	$ 65
Other comprehensive loss	(13)	(85)
Other comprehensive loss	210	$ 4
Ending balance	$ 7,338
Dividends declared (in dollar per share)	$ 0.17	$ 0.17
Issued common stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 3	$ 3
Ending balance	3	3
Capital in excess of par value
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	2,637	2,614
Net issuance for executive stock plan	(6)	(2)
Net issuance of restricted stock	(15)	(23)
Purchase/sale of noncontrolling interest	1
Ending balance	2,617	2,589
Treasury stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(1,812)	(1,834)
Net issuance for executive stock plan	4	3
Net issuance of restricted stock	12	21
Purchase of treasury stock	(40)
Ending balance	(1,836)	(1,810)
Retained earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	6,671	6,296
Dividends declared	(41)	(40)
Net earnings	200	65
Ending balance	6,830	6,321
Accumulated other comprehensive income (loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(551)	(651)
Other comprehensive loss	(13)	(85)
Ending balance	(564)	(736)
Noncontrolling interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	314	296
Dividends declared	(45)	(33)
Net issuance for executive stock plan	0	0
Net issuance of restricted stock	0	0
Purchase of treasury stock	0
Purchase/sale of noncontrolling interest	(4)
Net earnings	24	29
Other comprehensive loss	(1)	(5)
Ending balance	$ 288	$ 287

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 7,262
Comprehensive (loss) income before reclassifications	(16)	$ (75)
Income taxes associated with comprehensive (loss) income before reclassifications	0	(13)
Reclassification from accumulated other comprehensive loss	3	4
Income taxes reclassified into net earnings	(91)	(42)
Ending balance	7,338
Gain (loss) reclassified from AOCI to income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Income taxes reclassified into net earnings	0	(1)
Accumulated other comprehensive income (loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(551)	(651)
Ending balance	(564)	(736)
Foreign currency translation adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(423)	(321)
Comprehensive (loss) income before reclassifications	(18)	(73)
Income taxes associated with comprehensive (loss) income before reclassifications	0	(14)
Reclassification from accumulated other comprehensive loss	0	0
Ending balance	(441)	(408)
Foreign currency translation adjustments | Gain (loss) reclassified from AOCI to income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Income taxes reclassified into net earnings	0	0
Hedge instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	0	0
Comprehensive (loss) income before reclassifications	(1)	(6)
Income taxes associated with comprehensive (loss) income before reclassifications	0	0
Reclassification from accumulated other comprehensive loss	1	0
Ending balance	0	(6)
Hedge instruments | Gain (loss) reclassified from AOCI to income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Income taxes reclassified into net earnings	0	0
Defined benefit retirement plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(128)	(330)
Comprehensive (loss) income before reclassifications	3	4
Income taxes associated with comprehensive (loss) income before reclassifications	0	1
Reclassification from accumulated other comprehensive loss	2	4
Ending balance	(123)	(322)
Defined benefit retirement plans | Gain (loss) reclassified from AOCI to income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Income taxes reclassified into net earnings	$ 0	$ (1)

CONTINGENCIES (Details)

CONTINGENCIES (Details) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022USD ($)siteactivity	Dec. 31, 2021USD ($)activitysite
Commitments and Contingencies Disclosure [Abstract]
Waste disposal sites	26	26
Accrual for environmental loss contingencies | $	$ 7	$ 7
Number of sites with accrual	8
Completed or near completed clean up activities | activity	18	18

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Performance Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	1	0.9

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Basic earnings per share:
Net earnings attributable to BorgWarner Inc.	$ 200	$ 65
Weighted average shares of common stock outstanding (in shares)	238.2	237.7
Basic earnings per share of common stock (in dollar per share)	$ 0.84	$ 0.27
Diluted earnings per share:
Net earnings attributable to BorgWarner Inc.	$ 200	$ 65
Weighted average shares of common stock outstanding (in shares)	238.2	237.7
Effect of stock-based compensation (in shares)	0.8	0.7
Weighted average shares of common stock outstanding including dilutive shares (in shares)	239	238.4
Diluted earnings per share of common stock (in dollar per share)	$ 0.84	$ 0.27

REPORTING SEGMENTS AND RELATE_3

REPORTING SEGMENTS AND RELATED INFORMATION - Narrative (Details)	3 Months Ended
	Mar. 31, 2022segment
Segment Reporting [Abstract]
Number of reportable segments	4

REPORTING SEGMENTS AND RELATE_4

REPORTING SEGMENTS AND RELATED INFORMATION - Net sales by reporting segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information
Net sales	$ 3,874	$ 4,009
Customers
Segment Reporting Information
Net sales	3,874	4,009
Inter-segment
Segment Reporting Information
Net sales	0	0
Inter-segment eliminations
Segment Reporting Information
Net sales	(124)	(140)
Inter-segment eliminations | Customers
Segment Reporting Information
Net sales	0	0
Inter-segment eliminations | Inter-segment
Segment Reporting Information
Net sales	(124)	(140)
Air Management
Segment Reporting Information
Net sales	1,895	1,968
Air Management | Operating Segments
Segment Reporting Information
Net sales	1,931	2,011
Air Management | Operating Segments | Customers
Segment Reporting Information
Net sales	1,895	1,968
Air Management | Operating Segments | Inter-segment
Segment Reporting Information
Net sales	36	43
e-Propulsion & Drivetrain
Segment Reporting Information
Net sales	1,346	1,419
e-Propulsion & Drivetrain | Operating Segments
Segment Reporting Information
Net sales	1,390	1,466
e-Propulsion & Drivetrain | Operating Segments | Customers
Segment Reporting Information
Net sales	1,346	1,419
e-Propulsion & Drivetrain | Operating Segments | Inter-segment
Segment Reporting Information
Net sales	44	47
Fuel Injection
Segment Reporting Information
Net sales	430	426
Fuel Injection | Operating Segments
Segment Reporting Information
Net sales	472	475
Fuel Injection | Operating Segments | Customers
Segment Reporting Information
Net sales	430	427
Fuel Injection | Operating Segments | Inter-segment
Segment Reporting Information
Net sales	42	48
Aftermarket
Segment Reporting Information
Net sales	203	196
Aftermarket | Operating Segments
Segment Reporting Information
Net sales	205	197
Aftermarket | Operating Segments | Customers
Segment Reporting Information
Net sales	203	195
Aftermarket | Operating Segments | Inter-segment
Segment Reporting Information
Net sales	$ 2	$ 2

REPORTING SEGMENTS AND RELATE_5

REPORTING SEGMENTS AND RELATED INFORMATION - Earnings before interest and income taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information
Segment Adjusted Operating Income	$ 452	$ 533
Corporate, including stock-based compensation	63	69
Merger, acquisition and divestiture expense	23	13
Intangible asset amortization expense	23	20
Restructuring expense	15	30
Gain on sale of business	(24)	0
Net gain on insurance recovery for property damage	0	(2)
Equity in affiliates’ earnings, net of tax	(8)	(12)
Unrealized loss on equity securities	39	272
Interest expense, net	15	18
Other postretirement income	(9)	(11)
Earnings before income taxes and noncontrolling interest	315	136
Provision for income taxes	91	42
Net earnings	224	94
Net earnings attributable to noncontrolling interest, net of tax	24	29
Net earnings attributable to BorgWarner Inc.	200	65
Air Management
Segment Reporting Information
Segment Adjusted Operating Income	257	329
e-Propulsion & Drivetrain
Segment Reporting Information
Segment Adjusted Operating Income	119	149
Fuel Injection
Segment Reporting Information
Segment Adjusted Operating Income	52	34
Aftermarket
Segment Reporting Information
Segment Adjusted Operating Income	$ 24	$ 21

OPERATING CASH FLOWS AND OTHE_3

OPERATING CASH FLOWS AND OTHER SUPPLEMENTAL FINANCIAL INFORMATION (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]
Net earnings	$ 224	$ 94
Adjustments to reconcile net earnings to net cash flows from operations:
Depreciation and tooling amortization	157	175
Intangible asset amortization	23	20
Restructuring expense, net of cash paid	12	18
Stock-based compensation expense	12	12
Gain on sale of business	(26)	0
Deferred income tax benefit	(8)	(64)
Unrealized loss on equity securities	39	272
Other non-cash adjustments	(10)	(16)
Net earnings adjustments to reconcile to net cash flows from operations	423	511
Retirement plan contributions	(5)	(7)
Changes in assets and liabilities, excluding effects of acquisitions, divestitures and foreign currency translation adjustments:
Receivables	(282)	(290)
Inventories	(124)	(104)
Prepayments and other current assets	3	0
Accounts payable and accrued expenses	109	172
Prepaid taxes and income taxes payable	(9)	18
Other assets and liabilities	1	42
Net cash provided by operating activities	116	342
Cash paid during the period for:
Interest, net	27	25
Income taxes, net of refunds	96	$ 75
Non-cash investing transactions:
Period end accounts payable related to property, plant and equipment purchases	$ 107		$ 142