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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING      
Net cash provided by operating activities $ 1,184 $ 1,008 $ 1,126
INVESTING      
Capital expenditures, including tooling outlays (441) (481) (546)
Insurance proceeds received for damage to property, plant and equipment 20 0 0
Capital expenditures for damage to property, plant and equipment (20) 0 0
Payments for investments in equity securities (2) (53) (6)
Payments for businesses acquired, net of cash acquired (449) (10) 0
Proceeds from sale of businesses, net of cash divested 0 24 0
Proceeds from settlement of net investment hedges, net 10 22 2
Proceeds from asset disposals and other, net 16 9 36
Net cash used in investing activities (866) (489) (514)
FINANCING      
Net increase (decrease) in notes payable 8 0 (34)
Additions to debt 1,178 63 59
Repayments of debt, including current portion (331) (204) (66)
Payments for debt issuance cost (10) 0 0
Payments for purchase of treasury stock (216) (100) (150)
Payments for stock-based compensation items (13) (15) (15)
Capital contribution from noncontrolling interest 4 4 0
Dividends paid to BorgWarner stockholders (146) (140) (142)
Dividends paid to noncontrolling stockholders (37) (28) (35)
Net cash provided by (used in) financing activities 437 (420) (383)
Effect of exchange rate changes on cash 63 (6) (35)
Net increase in cash and cash equivalents 818 93 194
Cash and restricted cash at beginning of period 832 739 545
Cash and restricted cash at end of period $ 1,650 $ 832 $ 739