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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 1,884.0 $ 2,032.1 $ 5,900.1 $ 6,313.2
Cost of sales 1,485.8 1,607.6 4,643.9 4,970.1
Gross profit 398.2 424.5 1,256.2 1,343.1
Selling, general and administrative expenses 148.0 174.5 483.6 529.5
Other expense, net 13.1 12.3 33.4 62.1
Operating income 237.1 237.7 739.2 751.5
Equity in affiliates’ earnings, net of tax (8.7) (14.8) (28.3) (35.8)
Interest income (2.0) (1.4) (5.3) (4.3)
Interest expense and finance charges 15.0 9.0 42.6 26.2
Earnings before income taxes and noncontrolling interest 232.8 244.9 730.2 765.4
Provision for income taxes 66.9 71.9 219.2 225.3
Net earnings 165.9 173.0 511.0 540.1
Net earnings attributable to the noncontrolling interest, net of tax 8.5 6.4 26.6 24.2
Net earnings attributable to BorgWarner Inc. $ 157.4 $ 166.6 $ 484.4 $ 515.9
Earnings per share — basic $ 0.70 $ 0.73 $ 2.15 $ 2.27
Earnings per share — diluted $ 0.70 $ 0.73 $ 2.14 $ 2.25
Weighted average shares outstanding (thousands):        
Basic 224,837 227,077 225,329 227,395
Diluted 225,991 228,668 226,565 229,222
Dividends declared per share $ 0.13 $ 0.13 $ 0.39 $ 0.38