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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 2,416.2 $ 2,214.2 $ 7,212.9 $ 6,812.0
Cost of sales 1,893.5 1,743.1 5,658.7 5,379.9
Gross profit 522.7 471.1 1,554.2 1,432.1
Selling, general and administrative expenses 224.8 209.7 658.6 600.4
Other expense, net 22.0 111.1 27.5 147.8
Operating income 275.9 150.3 868.1 683.9
Equity in affiliates’ earnings, net of tax (14.4) (12.4) (38.5) (31.6)
Interest income (1.3) (1.6) (4.2) (4.7)
Interest expense and finance charges 17.6 22.4 53.6 65.1
Earnings before income taxes and noncontrolling interest 274.0 141.9 857.2 655.1
Provision for income taxes 79.4 48.8 241.9 213.4
Net earnings 194.6 93.1 615.3 441.7
Net earnings attributable to the noncontrolling interest, net of tax 9.7 9.8 29.2 29.9
Net earnings attributable to BorgWarner Inc. $ 184.9 $ 83.3 $ 586.1 $ 411.8
Earnings per share — basic $ 0.88 $ 0.39 $ 2.78 $ 1.91
Earnings per share — diluted $ 0.88 $ 0.39 $ 2.77 $ 1.90
Weighted average shares outstanding (thousands):        
Basic 209,803 212,872 210,657 215,332
Diluted 211,013 213,766 211,575 216,189
Dividends declared per share $ 0.14 $ 0.13 $ 0.42 $ 0.39