XML 71 R58.htm IDEA: XBRL DOCUMENT v3.20.4
REPORTING SEGMENTS AND RELATED INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
2020 Segment information
Net salesYear-end assetsDepreciation/ amortization (a)Long-lived asset expenditures (b)
(in millions)CustomersInter-segmentNet
Air Management$5,598 $80 $5,678 $5,714 $241 $210 
e-Propulsion & Drivetrain3,940 49 3,989 5,412 261 192 
Fuel Injection435 44 479 1,964 32 21 
Aftermarket192 2 194 806 2 2 
Inter-segment eliminations— (175)(175)— — — 
Total10,165 — 10,165 13,896 536 425 
Corporate (c)— — — 2,133 32 16 
Consolidated$10,165 $— $10,165 $16,029 $568 $441 
2019 Segment information
Net salesYear-end assetsDepreciation/ amortizationLong-lived asset expenditures (b)
(in millions)CustomersInter-segmentNet
Air Management$6,153 $61 $6,214 $4,536 $227 $219 
e-Propulsion & Drivetrain4,015 — 4,015 4,075 183 254 
Inter-segment eliminations— (61)(61)— — — 
Total10,168 — 10,168 8,611 410 473 
Corporate (c)— — — 1,091 29 8 
Consolidated$10,168 $— $10,168 $9,702 $439 $481 
2018 Segment information
Net salesYear-end assets Depreciation/ amortizationLong-lived asset
expenditures (b)
(in millions)CustomersInter-segmentNet
Air Management$6,390 $57 $6,447 $4,731 $226 $278 
e-Propulsion & Drivetrain4,140 — 4,140 3,920 175 254 
Inter-segment eliminations— (57)(57)— — — 
Total10,530 — 10,530 8,651 401 532 
Corporate (c)— — — 1,444 30 14 
Consolidated$10,530 $— $10,530 $10,095 $431 $546 
_______________
(a) In 2020, depreciation and amortization includes incremental amortization associated with purchase accounting and intangibles acquired in the Delphi Technologies acquisition. Additionally, e-Propulsion & Drivetrain includes $38 million related to accelerated amortization for certain intangibles, refer to Note 12, “Goodwill And Other Intangibles,” for more information.
(b) Long-lived asset expenditures include capital expenditures and tooling outlays.
(c) Corporate assets include investments and other long-term receivables and deferred income taxes.
Adjusted earnings before interest, income taxes and noncontrolling interest (“Segment Adjusted EBIT”)
Year Ended December 31,
(in millions)202020192018
Air Management$762 $995 $1,040 
e-Propulsion & Drivetrain359 443 475 
Fuel Injection39 — — 
Aftermarket22 — — 
Segment Adjusted EBIT1,182 1,438 1,515 
Corporate, including stock-based compensation192 206 219 
Restructuring expense203 72 67 
Merger, acquisition and divestiture expense96 11 6 
Intangible asset accelerated amortization38 — — 
Amortization of inventory fair value adjustment27 — — 
Asset impairment and loss on divestiture17 7 25 
Net gain on insurance recovery for property damage(9)— — 
Gain on derecognition of subsidiary— (177)— 
Unfavorable arbitration loss— 14 — 
Officer stock awards modification— 2 8 
Asbestos-related adjustments— — 23 
Gain on sale of building— — (19)
Other operating income— — (4)
Equity in affiliates' earnings, net of tax(18)(32)(49)
Unrealized gain on equity securities(382)— — 
Interest income(12)(12)(6)
Interest expense73 55 59 
Other postretirement (income) expense(7)27 (10)
Earnings before income taxes and noncontrolling interest964 1,265 1,196 
Provision for income taxes397 468 211 
Net earnings567 797 985 
Net earnings attributable to the noncontrolling interest, net of tax67 51 54 
Net earnings attributable to BorgWarner Inc. $500 $746 $931 
Schedule of revenue from external customers and long-lived assets, by geographical areas
 Net salesLong-lived assets
(in millions)202020192018202020192018
United States$2,023 $2,335 $2,394 $937 $752 $729 
Europe:   
Germany1,175 1,507 1,665 338 328 371 
Poland696 627 519 352 180 171 
Hungary458 589 687 184 164 153 
United Kingdom276 171 169 229 56 53 
Other Europe954 916 982 620 229 229 
Total Europe3,559 3,810 4,022 1,723 957 977 
China2,269 1,711 1,801 1,055 605 589 
Mexico1,035 1,040 978 367 247 223 
South Korea814 786 859 301 221 235 
Other foreign465 486 476 208 152 151 
Total$10,165 $10,168 $10,530 $4,591 $2,934 $2,904