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Reporting Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Net Sales by Reporting Segment

Net Sales by Reporting Segment
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in millions)
2015
 
2014
 
2015
 
2014
Engine
$
1,308.9


$
1,412.4


$
4,102.8


$
4,322.0

Drivetrain
583.7


627.0


1,821.8


2,016.4

Inter-segment eliminations
(8.6
)

(7.3
)

(24.5
)

(25.2
)
Net sales
$
1,884.0


$
2,032.1


$
5,900.1


$
6,313.2

Segment Earnings Before Interest and Income Taxes

Adjusted Earnings Before Interest, Income Taxes and Noncontrolling Interest (“Adjusted EBIT”)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in millions)
2015
 
2014
 
2015
 
2014
Engine
$
211.9


$
222.6


$
670.3


$
696.0

Drivetrain
70.3


68.0


213.4


237.6

Adjusted EBIT
282.2


290.6


883.7


933.6

Restructuring expense
9.3


13.1


41.3


67.6

Merger and acquisition expense
3.9




3.9

 

Gain on previously held equity interest




(10.8
)


Pension settlement


2.7



 
2.7

Corporate, including equity in affiliates' earnings and stock-based compensation
23.2


22.3


81.8


76.0

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

Segment assets

Total Assets
(in millions)
September 30,
2015
 
December 31, 2014
Engine
$
4,032.2

 
$
3,936.2

Drivetrain
1,880.4

 
1,783.5

Total
5,912.6

 
5,719.7

Corporate *
1,774.5

 
1,508.3

Total assets
$
7,687.1

 
$
7,228.0

____________________________________
*    Corporate assets include investments and other long-term receivables and deferred income taxes.