BorgWarner Inc(NYSE:BWA)
BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company's Engine segment offers turbocharger and turbocharger actuators; eBoosters; and timing systems products, including timing chains, variable cam timing, crankshaft and camshaft sprockets, tensioners...
Website: http://www.borgwarner.com
Founded: 1928
Full Time Employees: 48,000
Sector: Consumer Cyclical
Industry: Auto Parts
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 3,533,000,000 | 3,572,000,000 | 3,591,000,000 | 3,638,000,000 | 3,515,000,000 | 3,439,000,000 | 3,449,000,000 | 3,603,000,000 | 3,595,000,000 | 3,522,000,000 | 3,622,000,000 | 4,520,000,000 | 4,180,000,000 | 4,108,000,000 | 4,060,000,000 | 3,759,000,000 | 3,874,000,000 | 3,655,000,000 | 3,416,000,000 | 3,758,000,000 | 4,009,000,000 | 3,926,000,000 | 2,534,000,000 | 1,426,000,000 | 2,279,000,000 | 2,559,000,000 | 2,492,000,000 | 2,551,000,000 | 2,566,000,000 | 2,784,300,000 | 2,586,400,000 | 2,416,200,000 | 2,389,700,000 | 2,407,000,000 | 2,259,000,000 | 2,214,200,000 | 2,329,200,000 | 2,268,600,000 | 2,123,100,000 | 1,884,000,000 | 2,031,900,000 | |
yoy | 0.51% | 3.87% | 4.12% | 0.97% | -2.23% | -2.36% | -4.78% | -20.29% | -14.00% | -14.26% | -10.79% | 20.24% | 7.90% | 12.39% | 18.85% | 0.03% | -3.37% | -6.90% | 34.81% | 163.53% | 75.91% | 53.42% | 1.69% | -44.10% | -11.18% | -10.50% | -1.37% | 6.20% | 15.68% | 14.49% | 9.12% | 2.60% | 6.10% | 6.40% | 17.53% | 14.63% | ||||||
qoq | -1.09% | -0.53% | -1.29% | 3.50% | 2.21% | -0.29% | -4.27% | 0.22% | 2.07% | -2.76% | -19.87% | 8.13% | 1.75% | 1.18% | 8.01% | -2.97% | 5.99% | 7.00% | -9.10% | -6.26% | 2.11% | 54.93% | 77.70% | -37.43% | -10.94% | 2.69% | -2.31% | -0.58% | 7.65% | 7.04% | 1.11% | -0.72% | 6.55% | 2.02% | -4.94% | 2.67% | 6.85% | 12.69% | -7.28% | |||
cost of sales | 2,856,000,000 | 2,841,000,000 | 2,927,000,000 | 2,998,000,000 | 2,876,000,000 | 2,756,000,000 | 2,813,000,000 | 2,918,000,000 | 2,951,000,000 | 2,863,000,000 | 2,970,000,000 | 3,652,000,000 | 3,430,000,000 | 3,275,000,000 | 3,254,000,000 | 3,047,000,000 | 3,124,000,000 | 3,030,000,000 | 2,766,000,000 | 2,996,000,000 | 3,191,000,000 | 3,154,000,000 | 2,017,000,000 | 1,252,000,000 | 1,832,000,000 | 2,014,000,000 | 1,968,000,000 | 2,038,000,000 | 2,047,000,000 | 2,192,500,000 | 2,020,500,000 | 1,893,500,000 | 1,875,500,000 | 1,889,700,000 | 1,758,000,000 | 1,743,100,000 | 1,832,500,000 | 1,804,300,000 | 1,676,200,000 | 1,485,800,000 | 1,602,900,000 | |
gross profit | 677,000,000 | 731,000,000 | 664,000,000 | 640,000,000 | 639,000,000 | 683,000,000 | 636,000,000 | 685,000,000 | 644,000,000 | 659,000,000 | 652,000,000 | 868,000,000 | 750,000,000 | 833,000,000 | 806,000,000 | 712,000,000 | 750,000,000 | 625,000,000 | 650,000,000 | 762,000,000 | 818,000,000 | 772,000,000 | 517,000,000 | 174,000,000 | 447,000,000 | 545,000,000 | 524,000,000 | 513,000,000 | 519,000,000 | 591,800,000 | 565,900,000 | 522,700,000 | 514,200,000 | 517,300,000 | 501,000,000 | 471,100,000 | 496,700,000 | 464,300,000 | 446,900,000 | 398,200,000 | 429,000,000 | |
yoy | 5.95% | 7.03% | 4.40% | -6.57% | -0.78% | 3.64% | -2.45% | -21.08% | -14.13% | -20.89% | -19.11% | 21.91% | 0.00% | 33.28% | 24.00% | -6.56% | -8.31% | -19.04% | 25.73% | 337.93% | 83.00% | 41.65% | -1.34% | -66.08% | -13.87% | -11.46% | -9.35% | -0.71% | 14.40% | 12.95% | 10.95% | 3.52% | 11.42% | 12.11% | 18.31% | 15.78% | ||||||
qoq | -7.39% | 10.09% | 3.75% | 0.16% | -6.44% | 7.39% | -7.15% | 6.37% | -2.28% | 1.07% | -24.88% | 15.73% | -9.96% | 3.35% | 13.20% | -5.07% | 20.00% | -3.85% | -14.70% | -6.85% | 5.96% | 49.32% | 197.13% | -61.07% | -17.98% | 4.01% | 2.14% | -1.16% | 4.58% | 8.26% | 1.65% | -0.60% | 3.25% | 6.35% | -5.15% | 6.98% | 3.89% | 12.23% | -7.18% | |||
gross margin % | 19.16% | 20.46% | 18.49% | 17.59% | 18.18% | 19.86% | 18.44% | 19.01% | 17.91% | 18.71% | 18.00% | 19.20% | 17.94% | 20.28% | 19.85% | 18.94% | 19.36% | 17.10% | 19.03% | 20.28% | 20.40% | 19.66% | 20.40% | 12.20% | 19.61% | 21.30% | 21.03% | 20.11% | 20.23% | NaN% | 21.25% | 21.88% | 21.63% | 21.52% | 21.49% | 22.18% | 21.28% | 21.32% | 20.47% | 21.05% | 21.14% | 21.11% |
selling, general and administrative expenses | 328,000,000 | 331,000,000 | 341,000,000 | 317,000,000 | 315,000,000 | 340,000,000 | 340,000,000 | 341,000,000 | 329,000,000 | 353,000,000 | 330,000,000 | 422,000,000 | 384,000,000 | 431,000,000 | 397,000,000 | 394,000,000 | 388,000,000 | 376,000,000 | 343,000,000 | 364,000,000 | 377,000,000 | 350,000,000 | 204,000,000 | 184,000,000 | 213,000,000 | 205,000,000 | 230,000,000 | 212,000,000 | 226,000,000 | 253,400,000 | 239,900,000 | 224,800,000 | 215,000,000 | 218,800,000 | 217,100,000 | 209,700,000 | 202,300,000 | 188,400,000 | 178,400,000 | 148,000,000 | 167,400,000 | |
restructuring expense | 18,000,000 | 30,000,000 | 23,000,000 | 17,000,000 | 31,000,000 | 9,000,000 | 21,000,000 | 25,000,000 | 19,000,000 | 11,000,000 | 56,000,000 | 12,000,000 | 7,000,000 | 9,000,000 | 8,000,000 | 27,000,000 | 15,000,000 | |||||||||||||||||||||||||
other operating expense | -5,000,000 | 26,000,000 | 52,000,000 | 14,000,000 | 17,000,000 | 4,000,000 | 5,000,000 | 22,000,000 | 1,000,000 | 14,000,000 | -6,000,000 | 51,000,000 | 19,000,000 | 32,000,000 | 12,000,000 | 19,000,000 | -5,000,000 | -92,000,000 | 54,000,000 | 81,000,000 | 38,000,000 | |||||||||||||||||||||
impairment charges | 582,000,000 | 3,000,000 | 39,000,000 | |||||||||||||||||||||||||||||||||||||||
operating income | 336,000,000 | -238,000,000 | 248,000,000 | 289,000,000 | 237,000,000 | -316,000,000 | 270,000,000 | 297,000,000 | 295,000,000 | 281,000,000 | 272,000,000 | 383,000,000 | 340,000,000 | 361,000,000 | 389,000,000 | 272,000,000 | 352,000,000 | 178,000,000 | 253,000,000 | 317,000,000 | 403,000,000 | 223,000,000 | 284,000,000 | -78,000,000 | 189,000,000 | 478,000,000 | 276,000,000 | 285,000,000 | 264,000,000 | 333,500,000 | 209,000,000 | 275,900,000 | 299,500,000 | 292,700,000 | -458,000,000 | 150,300,000 | 269,400,000 | 264,200,000 | 200,500,000 | 237,100,000 | 242,500,000 | |
yoy | 41.77% | -24.68% | -8.15% | -2.69% | -19.66% | -212.46% | -0.74% | -22.45% | -13.24% | -22.16% | -30.08% | 40.81% | -3.41% | 102.81% | 53.75% | -14.20% | -12.66% | -20.18% | -10.92% | -506.41% | 113.23% | -53.35% | 2.90% | -127.37% | -28.41% | -17.24% | 36.36% | -4.31% | 13.94% | -145.63% | 83.57% | 11.17% | 10.79% | -328.43% | -36.61% | 11.09% | ||||||
qoq | -241.18% | -195.97% | -14.19% | 21.94% | -175.00% | -217.04% | -9.09% | 0.68% | 4.98% | 3.31% | -28.98% | 12.65% | -5.82% | -7.20% | 43.01% | -22.73% | 97.75% | -29.64% | -20.19% | -21.34% | 80.72% | -21.48% | -464.10% | -141.27% | -60.46% | 73.19% | -3.16% | 7.95% | 59.57% | -24.25% | -7.88% | 2.32% | -163.91% | -404.72% | -44.21% | 1.97% | 31.77% | -15.44% | -2.23% | |||
operating margin % | 9.51% | -6.66% | 6.91% | 7.94% | 6.74% | -9.19% | 7.83% | 8.24% | 8.21% | 7.98% | 7.51% | 8.47% | 8.13% | 8.79% | 9.58% | 7.24% | 9.09% | 4.87% | 7.41% | 8.44% | 10.05% | 5.68% | 11.21% | -5.47% | 8.29% | 18.68% | 11.08% | 11.17% | 10.29% | NaN% | 11.98% | 8.08% | 11.42% | 12.53% | 12.16% | -20.27% | 6.79% | 11.57% | 11.65% | 9.44% | 12.58% | 11.93% |
equity in affiliates’ earnings, net of tax | -6,000,000 | -6,000,000 | -11,000,000 | -8,000,000 | -10,000,000 | -4,000,000 | -6,000,000 | -12,000,000 | -5,000,000 | -7,000,000 | -10,000,000 | -14,000,000 | -4,000,000 | -9,000,000 | -10,000,000 | -11,000,000 | -8,000,000 | -8,000,000 | -12,000,000 | -16,000,000 | -12,000,000 | -8,000,000 | -3,000,000 | -2,000,000 | -5,000,000 | -7,000,000 | -7,000,000 | -9,000,000 | -9,000,000 | -10,200,000 | -12,700,000 | -14,400,000 | -14,400,000 | -9,700,000 | -11,300,000 | -12,400,000 | -10,100,000 | -9,100,000 | -11,700,000 | -8,700,000 | -11,100,000 | |
unrealized loss on equity securities | 1,000,000 | -1,000,000 | 6,750,000 | -1,000,000 | -11,000,000 | 39,000,000 | 25,000,000 | 61,000,000 | 4,000,000 | 272,000,000 | ||||||||||||||||||||||||||||||||
interest expense | 11,000,000 | 6,000,000 | 9,000,000 | 12,000,000 | 12,000,000 | 3,000,000 | 4,000,000 | 8,000,000 | 5,000,000 | 7,000,000 | -19,000,000 | 12,000,000 | 10,000,000 | 10,000,000 | 12,000,000 | 15,000,000 | 15,000,000 | 9,000,000 | 21,000,000 | 42,000,000 | 21,000,000 | 23,000,000 | 20,000,000 | 18,000,000 | 12,000,000 | 12,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | |||||||||||||
other postretirement expense | 2,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 7,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | 1,000,000 | -1,000,000 | 27,000,000 | |||||||||||||||||||||||
earnings before income taxes and noncontrolling interest | 328,000,000 | 328,000,000 | 317,000,000 | 319,000,000 | 396,000,000 | 288,000,000 | 315,000,000 | 155,000,000 | 196,000,000 | 302,000,000 | 136,000,000 | 596,000,000 | 272,000,000 | -90,000,000 | 186,000,000 | 475,000,000 | 273,000,000 | 255,000,000 | 262,000,000 | 331,700,000 | 206,400,000 | 274,000,000 | 297,300,000 | 285,900,000 | -464,600,000 | 141,900,000 | 259,600,000 | 253,600,000 | 196,600,000 | 232,800,000 | 237,600,000 | |||||||||||
provision for income taxes | 73,000,000 | 1,000,000 | 75,000,000 | 52,000,000 | 61,000,000 | 67,000,000 | 13,000,000 | -31,000,000 | 62,000,000 | 59,000,000 | 133,000,000 | 106,000,000 | 87,000,000 | 63,000,000 | 104,000,000 | 57,000,000 | 91,000,000 | 1,000,000 | 79,000,000 | 28,000,000 | 42,000,000 | 211,000,000 | 143,000,000 | -6,000,000 | 49,000,000 | 238,000,000 | 66,000,000 | 73,000,000 | 91,000,000 | 94,900,000 | 338,400,000 | 79,400,000 | 76,200,000 | 86,300,000 | -183,100,000 | 48,800,000 | 84,200,000 | 80,400,000 | 61,200,000 | 66,900,000 | ||
net earnings | 255,000,000 | -241,000,000 | 173,000,000 | 232,000,000 | 171,000,000 | -388,000,000 | 249,000,000 | 317,000,000 | 221,000,000 | 175,000,000 | 68,000,000 | 222,000,000 | 230,000,000 | 279,000,000 | 292,000,000 | 231,000,000 | 224,000,000 | 154,000,000 | 117,000,000 | 274,000,000 | 94,000,000 | 385,000,000 | 129,000,000 | -84,000,000 | 137,000,000 | 237,000,000 | 207,000,000 | 182,000,000 | 171,000,000 | 236,800,000 | -132,000,000 | 194,600,000 | 221,100,000 | 199,600,000 | -281,500,000 | 93,100,000 | 175,400,000 | 173,200,000 | 135,400,000 | 165,900,000 | 157,400,000 | |
yoy | 49.12% | -37.89% | -30.52% | -26.81% | -22.62% | -321.71% | 266.18% | 42.79% | -3.91% | -37.28% | -76.71% | -3.90% | 2.68% | 81.17% | 149.57% | -15.69% | 138.30% | -60.00% | -9.30% | -426.19% | -31.39% | 62.45% | -37.68% | -146.15% | -19.88% | -12.58% | -237.88% | -12.13% | 18.64% | -53.11% | 109.02% | 26.05% | 15.24% | -307.90% | -43.88% | 11.44% | ||||||
qoq | -205.81% | -239.31% | -25.43% | 35.67% | -144.07% | -255.82% | -21.45% | 43.44% | 26.29% | 157.35% | -69.37% | -3.48% | -17.56% | -4.45% | 26.41% | 3.13% | 45.45% | 31.62% | -57.30% | 191.49% | -75.58% | 198.45% | -253.57% | -161.31% | -42.19% | 14.49% | 13.74% | 6.43% | -279.39% | -167.83% | -11.99% | 10.77% | -170.91% | -402.36% | -46.92% | 1.27% | 27.92% | -18.38% | 5.40% | |||
net income margin % | 7.22% | -6.75% | 4.82% | 6.38% | 4.86% | -11.28% | 7.22% | 8.80% | 6.15% | 4.97% | 1.88% | 4.91% | 5.50% | 6.79% | 7.19% | 6.15% | 5.78% | 4.21% | 3.43% | 7.29% | 2.34% | 9.81% | 5.09% | -5.89% | 6.01% | 9.26% | 8.31% | 7.13% | 6.66% | NaN% | 8.50% | -5.10% | 8.05% | 9.25% | 8.29% | -12.46% | 4.20% | 7.53% | 7.63% | 6.38% | 8.81% | 7.75% |
net earnings attributable to noncontrolling interest | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||
net earnings attributable to borgwarner inc. | 242,000,000 | -262,000,000 | 158,000,000 | 224,000,000 | 157,000,000 | -405,000,000 | 234,000,000 | 303,000,000 | 206,000,000 | 154,000,000 | 50,000,000 | 204,000,000 | 217,000,000 | 255,000,000 | 273,000,000 | 216,000,000 | 200,000,000 | 129,000,000 | 96,000,000 | 247,000,000 | 65,000,000 | 358,000,000 | 111,000,000 | -98,000,000 | 129,000,000 | 220,000,000 | 194,000,000 | 172,000,000 | 160,000,000 | 225,100,000 | -146,200,000 | 184,900,000 | 212,000,000 | 189,200,000 | -293,300,000 | 83,300,000 | 164,400,000 | 164,100,000 | 125,300,000 | 157,400,000 | 148,100,000 | |
earnings per share attributable to borgwarner inc. — basic | 1.18 | -1.21 | 0.74 | 1.04 | 0.72 | -1.78 | 1.04 | 1.34 | 0.91 | 0.66 | 0.21 | 0.87 | 0.93 | 1.09 | 1.17 | 0.91 | 0.84 | 0.54 | 0.4 | 1.03 | 0.27 | |||||||||||||||||||||
earnings per share attributable to borgwarner inc. — diluted | 1.16 | -1.2 | 0.73 | 1.03 | 0.72 | -1.78 | 1.04 | 1.34 | 0.9 | 0.66 | 0.21 | 0.87 | 0.93 | 1.09 | 1.16 | 0.91 | 0.84 | 0.54 | 0.4 | 1.03 | 0.27 | |||||||||||||||||||||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||
basic | 205.3 | 214.2 | 213.7 | 216.3 | 217.2 | 223.5 | 223.1 | 226.1 | 227.7 | 232.8 | 233.4 | 233.4 | 232.8 | 235.5 | 234.3 | 236.9 | 238.2 | 238.1 | 238.2 | 238.2 | 237.7 | 213 | 206 | 206 | 205.7 | 205.7 | 205.3 | 205.7 | 206.5 | 208,197 | 209,475 | 210,429 | 209,803 | 210,572 | 211,596 | 214,374 | 212,872 | 215,735 | 217,388 | 224,414 | 224,837 | 225,353 |
diluted | 208.3 | 216.4 | 216.5 | 218.2 | 218.1 | 224.8 | 224.5 | 227.2 | 228.3 | 234.4 | 235.3 | 234.4 | 234.4 | 236.8 | 235.6 | 238 | 239 | 239.5 | 239.8 | 239.6 | 238.4 | 214 | 207.3 | 206 | 206.2 | 206.8 | 206.3 | 206.8 | 207.1 | 209,496 | 210,766 | 211,548 | 211,013 | 211,478 | 212,236 | 215,328 | 213,766 | 216,663 | 218,137 | 225,648 | 225,991 | 226,615 |
unrealized gain on equity securities | -500,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||
earnings from continuing operations before income taxes and noncontrolling interest | -240,000,000 | 248,000,000 | 284,000,000 | 232,000,000 | -319,000,000 | 270,000,000 | 298,000,000 | 290,000,000 | 229,000,000 | 238,000,000 | ||||||||||||||||||||||||||||||||
net earnings from continuing operations | -241,000,000 | 173,000,000 | 232,000,000 | 171,000,000 | -386,000,000 | 257,000,000 | 329,000,000 | 228,000,000 | 170,000,000 | 105,000,000 | ||||||||||||||||||||||||||||||||
net loss from discontinued operations | -6,750,000 | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations attributable to noncontrolling interest | 9,250,000 | 15,000,000 | 8,000,000 | 14,000,000 | 11,000,000 | 15,000,000 | 14,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||
amounts attributable to borgwarner inc.: | ||||||||||||||||||||||||||||||||||||||||||
earnings per share from continuing operations — basic | -1.21 | 0.74 | 1.04 | 0.72 | -1.77 | 1.08 | 1.39 | 0.94 | 0.64 | 0.37 | ||||||||||||||||||||||||||||||||
loss per share from discontinued operations — basic | -0.03 | -0.04 | ||||||||||||||||||||||||||||||||||||||||
earnings per share from continuing operations — diluted | -1.2 | 0.73 | 1.03 | 0.72 | -1.77 | 1.08 | 1.39 | 0.93 | 0.64 | 0.37 | ||||||||||||||||||||||||||||||||
loss per share from discontinued operations — diluted | -0.03 | -0.04 | ||||||||||||||||||||||||||||||||||||||||
unrealized and realized loss on equity and debt securities | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||
unrealized loss on equity and debt securities | ||||||||||||||||||||||||||||||||||||||||||
net earnings from discontinued operations | -12,000,000 | -7,000,000 | 5,000,000 | -37,000,000 | ||||||||||||||||||||||||||||||||||||||
earnings per share from discontinued operations — basic | -0.05 | -0.03 | 0.02 | -0.16 | ||||||||||||||||||||||||||||||||||||||
earnings per share from discontinued operations — diluted | -0.05 | -0.03 | 0.02 | -0.16 | ||||||||||||||||||||||||||||||||||||||
unrealized loss on debt and equity securities | 2,000,000 | 54,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||||||||
realized and unrealized loss on debt and equity securities | 45,000,000 | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations attributable to noncontrolling interest, net of tax | 12,250,000 | 18,000,000 | ||||||||||||||||||||||||||||||||||||||||
net earnings from discontinued operations attributable to noncontrolling interest, net of tax | ||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to noncontrolling interest, net of tax | 18,000,000 | 13,000,000 | 14,500,000 | 19,000,000 | 15,000,000 | 24,000,000 | 19,250,000 | 21,000,000 | 27,000,000 | 29,000,000 | ||||||||||||||||||||||||||||||||
other postretirement income | -5,000,000 | -8,000,000 | -9,000,000 | -9,000,000 | -8,250,000 | -10,000,000 | -12,000,000 | -11,000,000 | -2,000,000 | -2,600,000 | ||||||||||||||||||||||||||||||||
interest income | -2,250,000 | -3,000,000 | -3,000,000 | -3,000,000 | -4,000,000 | -3,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -2,000,000 | -3,000,000 | -1,500,000 | -1,600,000 | -1,300,000 | -1,400,000 | -1,500,000 | -1,600,000 | -1,600,000 | -1,500,000 | -1,600,000 | -2,200,000 | -2,000,000 | -1,600,000 | ||||||||||||||||||
other expense | 35,500,000 | 29,000,000 | 68,000,000 | 45,000,000 | -138,000,000 | 18,000,000 | 16,000,000 | 29,000,000 | 4,900,000 | 117,000,000 | 22,000,000 | -300,000 | 5,800,000 | 741,900,000 | 111,100,000 | 25,000,000 | 11,700,000 | 68,000,000 | 13,100,000 | |||||||||||||||||||||||
net earnings attributable to the noncontrolling interest, net of tax | 27,000,000 | 18,000,000 | 14,000,000 | 8,000,000 | 17,000,000 | 13,000,000 | 10,000,000 | 11,000,000 | 11,700,000 | 14,200,000 | 9,700,000 | 9,100,000 | 10,400,000 | 11,800,000 | 9,800,000 | 11,000,000 | 9,100,000 | 10,100,000 | 8,500,000 | 9,300,000 | ||||||||||||||||||||||
earnings per share — basic | 0.173 | 0.54 | -0.47 | 0.63 | 1.07 | 0.94 | 0.84 | 0.77 | 1.07 | -0.69 | 0.88 | 1.01 | 0.89 | -1.36 | 0.39 | 0.76 | 0.75 | 0.57 | 0.7 | 0.66 | ||||||||||||||||||||||
earnings per share — diluted | 0.173 | 0.53 | -0.47 | 0.63 | 1.07 | 0.94 | 0.83 | 0.77 | 1.07 | -0.69 | 0.88 | 1 | 0.89 | -1.35 | 0.39 | 0.76 | 0.75 | 0.56 | 0.7 | 0.65 | ||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||
basic | 205.3 | 214.2 | 213.7 | 216.3 | 217.2 | 223.5 | 223.1 | 226.1 | 227.7 | 232.8 | 233.4 | 233.4 | 232.8 | 235.5 | 234.3 | 236.9 | 238.2 | 238.1 | 238.2 | 238.2 | 237.7 | 213 | 206 | 206 | 205.7 | 205.7 | 205.3 | 205.7 | 206.5 | 208,197 | 209,475 | 210,429 | 209,803 | 210,572 | 211,596 | 214,374 | 212,872 | 215,735 | 217,388 | 224,414 | 224,837 | 225,353 |
diluted | 208.3 | 216.4 | 216.5 | 218.2 | 218.1 | 224.8 | 224.5 | 227.2 | 228.3 | 234.4 | 235.3 | 234.4 | 234.4 | 236.8 | 235.6 | 238 | 239 | 239.5 | 239.8 | 239.6 | 238.4 | 214 | 207.3 | 206 | 206.2 | 206.8 | 206.3 | 206.8 | 207.1 | 209,496 | 210,766 | 211,548 | 211,013 | 211,478 | 212,236 | 215,328 | 213,766 | 216,663 | 218,137 | 225,648 | 225,991 | 226,615 |
interest expense and finance charges | 16,100,000 | 16,900,000 | 17,600,000 | 18,000,000 | 18,000,000 | 19,500,000 | 22,400,000 | 21,400,000 | 21,300,000 | 17,800,000 | 15,000,000 | 17,600,000 | ||||||||||||||||||||||||||||||
dividends declared per share | 0.17 | 0.17 | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | ||||||||||||||||||||||||||||||
other income | 19,100,000 | |||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 80,200,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 2,110,000,000 | 2,313,000,000 | 2,094,000,000 | 2,000,000,000 | 1,501,000,000 | 1,841,000,000 | 1,507,000,000 | 1,553,000,000 | 1,755,000,000 | 1,650,000,000 | 2,121,000,000 | 2,003,000,000 | 901,000,000 | 832,000,000 | ||||||||||||||||||||||||||||
receivables | 3,088,000,000 | 2,962,000,000 | 3,260,000,000 | 3,198,000,000 | 3,144,000,000 | 2,843,000,000 | 3,215,000,000 | 3,111,000,000 | 3,289,000,000 | 3,109,000,000 | 3,351,000,000 | 3,856,000,000 | 3,566,000,000 | 3,323,000,000 | 3,363,000,000 | 3,134,000,000 | 3,166,000,000 | 2,898,000,000 | 2,890,000,000 | 3,063,000,000 | 3,153,000,000 | 2,919,000,000 | 1,977,000,000 | 1,535,000,000 | 1,735,000,000 | 1,921,000,000 | 1,983,000,000 | 2,063,000,000 | 2,065,000,000 | 1,987,400,000 | 2,247,100,000 | 2,018,900,000 | 2,046,100,000 | 1,939,300,000 | 1,934,300,000 | 1,689,300,000 | 1,764,000,000 | 1,806,900,000 | 1,861,200,000 | 1,665,000,000 | 1,551,500,000 | 1,573,000,000 |
inventories | 1,200,000,000 | 1,207,000,000 | 1,231,000,000 | 1,216,000,000 | 1,205,000,000 | 1,251,000,000 | 1,366,000,000 | 1,322,000,000 | 1,333,000,000 | 1,313,000,000 | 1,328,000,000 | 1,860,000,000 | 1,800,000,000 | 1,687,000,000 | 1,658,000,000 | 1,653,000,000 | 1,644,000,000 | 1,534,000,000 | 1,649,000,000 | 1,567,000,000 | 1,361,000,000 | 1,286,000,000 | 815,000,000 | 836,000,000 | 847,000,000 | 807,000,000 | 810,000,000 | 817,000,000 | 807,000,000 | 780,800,000 | 800,400,000 | 766,300,000 | 773,400,000 | 701,400,000 | 656,900,000 | 641,200,000 | 687,200,000 | 744,600,000 | 756,300,000 | 723,600,000 | 523,100,000 | 525,700,000 |
prepayments and other current assets | 344,000,000 | 313,000,000 | 315,000,000 | 323,000,000 | 323,000,000 | 333,000,000 | 275,000,000 | 283,000,000 | 298,000,000 | 261,000,000 | 272,000,000 | 312,000,000 | 291,000,000 | 269,000,000 | 285,000,000 | 303,000,000 | 326,000,000 | 321,000,000 | 308,000,000 | 339,000,000 | 313,000,000 | 312,000,000 | 252,000,000 | 267,000,000 | 258,000,000 | 276,000,000 | 278,000,000 | 259,000,000 | 280,000,000 | 250,000,000 | 171,000,000 | 145,400,000 | 167,300,000 | 165,400,000 | 157,700,000 | 137,400,000 | 147,500,000 | 160,400,000 | 172,600,000 | 169,000,000 | 137,100,000 | 145,000,000 |
total current assets | 6,742,000,000 | 6,795,000,000 | 6,978,000,000 | 6,778,000,000 | 6,379,000,000 | 6,521,000,000 | 6,856,000,000 | 6,004,000,000 | 5,957,000,000 | 6,217,000,000 | 5,900,000,000 | 6,876,000,000 | 6,607,000,000 | 6,617,000,000 | 6,547,000,000 | 6,480,000,000 | 6,640,000,000 | 6,597,000,000 | 6,462,000,000 | 6,537,000,000 | 6,582,000,000 | 6,167,000,000 | 5,165,000,000 | 4,641,000,000 | 3,741,000,000 | 3,836,000,000 | 3,987,000,000 | 3,849,000,000 | 3,719,000,000 | 3,804,600,000 | 3,697,800,000 | 3,543,200,000 | 3,401,100,000 | 3,193,200,000 | 3,107,300,000 | 2,911,600,000 | 3,289,200,000 | 3,206,900,000 | 3,182,400,000 | 3,135,300,000 | 3,301,000,000 | 3,401,400,000 |
property, plant and equipment | 3,259,000,000 | 3,330,000,000 | 3,478,000,000 | 3,602,000,000 | 3,552,000,000 | 3,575,000,000 | 3,814,000,000 | 3,736,000,000 | 3,766,000,000 | 3,783,000,000 | 3,569,000,000 | 4,482,000,000 | 4,463,000,000 | 4,365,000,000 | 4,006,000,000 | 4,151,000,000 | 4,337,000,000 | 4,395,000,000 | 4,398,000,000 | 4,535,000,000 | 4,449,000,000 | 4,591,000,000 | 2,824,000,000 | 2,781,000,000 | 2,839,000,000 | 2,925,000,000 | 2,812,000,000 | 2,891,000,000 | 2,895,000,000 | 2,903,800,000 | 2,923,800,000 | 2,863,800,000 | 2,753,700,000 | 2,663,800,000 | 2,553,100,000 | 2,501,800,000 | 2,518,500,000 | 2,502,800,000 | 2,498,900,000 | 2,448,100,000 | 2,185,200,000 | 2,160,500,000 |
investments and long-term receivables | 343,000,000 | 357,000,000 | 407,000,000 | 367,000,000 | 355,000,000 | 356,000,000 | 350,000,000 | 342,000,000 | 365,000,000 | 364,000,000 | 624,000,000 | 835,000,000 | 895,000,000 | 896,000,000 | 422,000,000 | 442,000,000 | 473,000,000 | 530,000,000 | ||||||||||||||||||||||||
goodwill | 2,043,000,000 | 2,055,000,000 | 2,459,000,000 | 2,467,000,000 | 2,384,000,000 | 2,357,000,000 | 3,027,000,000 | 2,965,000,000 | 2,977,000,000 | 3,013,000,000 | 2,936,000,000 | 3,404,000,000 | 3,420,000,000 | 3,397,000,000 | 3,271,000,000 | 3,284,000,000 | 3,388,000,000 | 3,279,000,000 | 3,285,000,000 | 3,325,000,000 | 2,596,000,000 | 2,627,000,000 | 1,855,000,000 | 1,830,000,000 | 1,818,000,000 | 1,842,000,000 | 1,818,000,000 | 1,845,000,000 | 1,848,000,000 | 1,853,400,000 | 1,890,600,000 | 1,881,800,000 | 1,882,100,000 | 1,734,700,000 | 1,708,100,000 | 1,702,200,000 | 1,730,200,000 | 1,767,000,000 | 1,774,200,000 | 1,757,700,000 | 1,183,700,000 | 1,184,900,000 |
other intangible assets | 377,000,000 | 394,000,000 | 413,000,000 | 430,000,000 | 438,000,000 | 474,000,000 | 514,000,000 | 521,000,000 | 540,000,000 | 564,000,000 | 557,000,000 | 1,002,000,000 | 1,033,000,000 | 1,051,000,000 | 1,049,000,000 | 1,083,000,000 | 1,147,000,000 | 1,091,000,000 | 1,134,000,000 | 1,172,000,000 | 1,059,000,000 | 1,096,000,000 | 371,000,000 | 375,000,000 | 383,000,000 | 402,000,000 | 404,000,000 | 421,000,000 | 433,000,000 | 439,500,000 | 485,200,000 | 492,700,000 | 509,400,000 | 453,800,000 | 455,700,000 | 463,500,000 | 494,700,000 | 525,300,000 | 539,000,000 | 543,800,000 | ||
other non-current assets | 889,000,000 | 838,000,000 | 761,000,000 | 755,000,000 | 722,000,000 | 710,000,000 | 576,000,000 | 540,000,000 | 517,000,000 | 512,000,000 | 518,000,000 | 718,000,000 | 699,000,000 | 668,000,000 | 782,000,000 | 704,000,000 | 693,000,000 | 683,000,000 | 699,000,000 | 748,000,000 | 728,000,000 | 728,000,000 | 372,000,000 | 395,000,000 | 406,000,000 | 379,000,000 | 484,000,000 | 535,000,000 | 592,000,000 | 502,300,000 | 455,600,000 | 458,700,000 | 710,400,000 | 714,400,000 | 729,500,000 | 753,400,000 | 462,000,000 | 477,700,000 | 458,500,000 | 495,700,000 | 578,700,000 | 582,000,000 |
total assets | 13,653,000,000 | 13,769,000,000 | 14,496,000,000 | 14,399,000,000 | 13,830,000,000 | 13,993,000,000 | 15,137,000,000 | 14,108,000,000 | 14,122,000,000 | 14,453,000,000 | 14,104,000,000 | 17,317,000,000 | 17,117,000,000 | 16,994,000,000 | 16,077,000,000 | 16,144,000,000 | 16,678,000,000 | 16,575,000,000 | 16,491,000,000 | 16,863,000,000 | 15,971,000,000 | 16,029,000,000 | 10,892,000,000 | 10,337,000,000 | 9,502,000,000 | 9,702,000,000 | 10,199,000,000 | 10,231,000,000 | 10,104,000,000 | 10,095,300,000 | 10,034,800,000 | 9,787,600,000 | 9,816,200,000 | 9,288,500,000 | 9,083,700,000 | 8,834,700,000 | 9,007,300,000 | 8,988,600,000 | 8,940,700,000 | 8,841,500,000 | 7,687,100,000 | 7,766,300,000 |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||
short-term debt | 5,000,000 | 6,000,000 | 6,000,000 | 59,000,000 | 398,000,000 | 445,000,000 | 445,000,000 | |||||||||||||||||||||||||||||||||||
accounts payable | 2,058,000,000 | 1,996,000,000 | 2,101,000,000 | 2,093,000,000 | 2,060,000,000 | 2,032,000,000 | 2,176,000,000 | 2,202,000,000 | 2,378,000,000 | 2,546,000,000 | 2,396,000,000 | 2,725,000,000 | 2,676,000,000 | 2,684,000,000 | 2,400,000,000 | 2,298,000,000 | 2,465,000,000 | 2,276,000,000 | 2,131,000,000 | 2,367,000,000 | 2,485,000,000 | 2,352,000,000 | ||||||||||||||||||||
other current liabilities | 1,102,000,000 | 1,281,000,000 | 1,296,000,000 | 1,253,000,000 | 1,111,000,000 | 1,216,000,000 | 1,144,000,000 | 1,065,000,000 | 1,046,000,000 | 1,148,000,000 | 1,114,000,000 | 1,445,000,000 | 1,410,000,000 | 1,490,000,000 | 1,360,000,000 | 1,293,000,000 | 1,330,000,000 | 1,456,000,000 | 1,430,000,000 | 1,482,000,000 | 1,385,000,000 | 1,409,000,000 | ||||||||||||||||||||
total current liabilities | 3,165,000,000 | 3,282,000,000 | 3,403,000,000 | 3,352,000,000 | 3,230,000,000 | 3,646,000,000 | 3,718,000,000 | 3,712,000,000 | 3,869,000,000 | 3,767,000,000 | 3,573,000,000 | 4,235,000,000 | 4,148,000,000 | 4,236,000,000 | 3,816,000,000 | 3,651,000,000 | 3,859,000,000 | 3,798,000,000 | 3,637,000,000 | 3,862,000,000 | 3,921,000,000 | 3,810,000,000 | 2,199,000,000 | 1,970,000,000 | 2,124,000,000 | 2,329,000,000 | 2,525,000,000 | 2,313,000,000 | 2,299,000,000 | 2,398,900,000 | 2,436,600,000 | 2,425,200,000 | 2,381,200,000 | 2,106,100,000 | 2,151,200,000 | 2,091,800,000 | 2,445,100,000 | 2,399,800,000 | 2,310,400,000 | 2,357,300,000 | 1,539,800,000 | 1,635,600,000 |
long-term debt | 3,876,000,000 | 3,894,000,000 | 3,894,000,000 | 3,901,000,000 | 3,803,000,000 | 3,763,000,000 | 4,195,000,000 | 3,283,000,000 | 3,295,000,000 | 3,707,000,000 | 3,665,000,000 | 4,191,000,000 | 4,175,000,000 | 4,166,000,000 | 4,080,000,000 | 4,156,000,000 | 4,223,000,000 | 4,261,000,000 | 4,288,000,000 | 4,348,000,000 | 3,708,000,000 | 3,738,000,000 | 2,787,000,000 | 2,762,000,000 | 1,664,000,000 | 1,674,000,000 | 1,656,000,000 | 1,929,000,000 | 1,923,000,000 | 1,940,700,000 | 2,131,500,000 | 2,103,700,000 | 2,091,900,000 | 2,077,900,000 | 2,040,300,000 | 2,043,600,000 | 2,089,900,000 | 2,119,500,000 | 2,131,900,000 | 2,124,600,000 | 1,734,500,000 | 1,731,700,000 |
retirement-related liabilities | 124,000,000 | 128,000,000 | 149,000,000 | 148,000,000 | 139,000,000 | 137,000,000 | 146,000,000 | 141,000,000 | 142,000,000 | 146,000,000 | 129,000,000 | 228,000,000 | 223,000,000 | 223,000,000 | 252,000,000 | 261,000,000 | 270,000,000 | 290,000,000 | 518,000,000 | 541,000,000 | 552,000,000 | 576,000,000 | 290,000,000 | 299,000,000 | 302,000,000 | 306,000,000 | 273,000,000 | 283,000,000 | 292,000,000 | 298,300,000 | 300,200,000 | 301,600,000 | 301,700,000 | 290,800,000 | 292,000,000 | 294,100,000 | 293,700,000 | 302,700,000 | 313,600,000 | 312,900,000 | 306,700,000 | 311,000,000 |
other non-current liabilities | 846,000,000 | 851,000,000 | 900,000,000 | 929,000,000 | 768,000,000 | 741,000,000 | 726,000,000 | 687,000,000 | 774,000,000 | 767,000,000 | 730,000,000 | 882,000,000 | 892,000,000 | 861,000,000 | 892,000,000 | 905,000,000 | 988,000,000 | 964,000,000 | 1,028,000,000 | 1,090,000,000 | 1,136,000,000 | 1,181,000,000 | ||||||||||||||||||||
total liabilities | 8,011,000,000 | 8,155,000,000 | 8,346,000,000 | 8,330,000,000 | 7,940,000,000 | 8,287,000,000 | 8,785,000,000 | 7,823,000,000 | 8,080,000,000 | 8,387,000,000 | 8,097,000,000 | 9,536,000,000 | 9,438,000,000 | 9,486,000,000 | 9,040,000,000 | 8,973,000,000 | 9,340,000,000 | 9,313,000,000 | 9,471,000,000 | 9,841,000,000 | ||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||
common stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | |||||||||||
capital in excess of par value | 2,625,000,000 | 2,676,000,000 | 2,661,000,000 | 2,640,000,000 | 2,621,000,000 | 2,674,000,000 | 2,657,000,000 | 2,645,000,000 | 2,632,000,000 | 2,689,000,000 | 2,680,000,000 | 2,657,000,000 | 2,661,000,000 | 2,675,000,000 | 2,650,000,000 | 2,633,000,000 | 2,617,000,000 | 2,637,000,000 | 2,617,000,000 | 2,602,000,000 | 2,589,000,000 | 2,614,000,000 | 1,128,000,000 | 1,115,000,000 | 1,109,000,000 | 1,145,000,000 | 1,129,000,000 | 1,116,000,000 | 1,111,000,000 | 1,145,800,000 | 1,102,300,000 | 1,118,700,000 | 1,100,100,000 | 1,088,700,000 | 1,077,600,000 | 1,104,300,000 | 1,092,700,000 | 1,091,500,000 | 1,085,300,000 | 1,109,700,000 | 1,108,800,000 | 1,099,900,000 |
retained earnings | 6,777,000,000 | 6,570,000,000 | 6,867,000,000 | 6,745,000,000 | 6,545,000,000 | 6,412,000,000 | 6,840,000,000 | 6,620,000,000 | 6,325,000,000 | 6,152,000,000 | 6,010,000,000 | 7,796,000,000 | 7,632,000,000 | 7,454,000,000 | 7,239,000,000 | 7,005,000,000 | 6,830,000,000 | 6,671,000,000 | 6,582,000,000 | 6,527,000,000 | 6,321,000,000 | 6,296,000,000 | 5,979,000,000 | 5,903,000,000 | 6,036,000,000 | 5,942,000,000 | 5,757,000,000 | 5,598,000,000 | 5,461,000,000 | 5,336,100,000 | 4,722,400,000 | 4,531,000,000 | 4,712,800,000 | 4,557,300,000 | 4,374,700,000 | 4,215,200,000 | 4,538,100,000 | 4,482,400,000 | 4,346,000,000 | 4,210,100,000 | 4,113,600,000 | 3,985,400,000 |
accumulated other comprehensive loss | -799,000,000 | -799,000,000 | -838,000,000 | -868,000,000 | -961,000,000 | -1,020,000,000 | -808,000,000 | -938,000,000 | -883,000,000 | -828,000,000 | -915,000,000 | -898,000,000 | -824,000,000 | -876,000,000 | -1,078,000,000 | -816,000,000 | -564,000,000 | -551,000,000 | -746,000,000 | -673,000,000 | -736,000,000 | -651,000,000 | -730,000,000 | -787,000,000 | -801,000,000 | -727,000,000 | -779,000,000 | -670,000,000 | -675,000,000 | -674,100,000 | -430,300,000 | -490,000,000 | -545,700,000 | -606,400,000 | -674,200,000 | -722,100,000 | -571,000,000 | -593,800,000 | -540,800,000 | -610,200,000 | -576,700,000 | -539,500,000 |
common stock held in treasury, at cost | -3,127,000,000 | -2,704,000,000 | -2,597,000,000 | -2,488,000,000 | -2,536,000,000 | -2,237,000,000 | -2,236,000,000 | -2,010,000,000 | -2,007,000,000 | -2,031,000,000 | -2,039,000,000 | -1,936,000,000 | -1,836,000,000 | -1,810,000,000 | -1,810,000,000 | -1,810,000,000 | -1,623,000,000 | -1,623,000,000 | -1,623,000,000 | |||||||||||||||||||||||
total borgwarner inc. stockholders’ equity | 5,479,000,000 | 5,442,000,000 | 5,989,000,000 | 5,923,000,000 | 5,720,000,000 | 5,532,000,000 | 6,156,000,000 | 6,093,000,000 | 5,841,000,000 | 5,828,000,000 | 5,768,000,000 | 7,551,000,000 | 7,441,000,000 | 7,224,000,000 | 6,775,000,000 | 6,889,000,000 | 7,050,000,000 | 6,948,000,000 | 6,646,000,000 | 6,649,000,000 | 6,367,000,000 | 6,428,000,000 | 4,757,000,000 | 4,611,000,000 | 4,724,000,000 | 4,706,000,000 | 4,457,000,000 | 4,394,000,000 | 4,274,000,000 | 4,225,500,000 | 3,910,700,000 | 3,716,800,000 | 3,825,700,000 | 3,612,000,000 | 3,403,400,000 | 3,218,300,000 | 3,709,900,000 | 3,681,700,000 | 3,693,200,000 | 3,553,700,000 | 3,717,000,000 | 3,686,700,000 |
noncontrolling interest | 163,000,000 | 172,000,000 | 161,000,000 | 146,000,000 | 170,000,000 | 174,000,000 | 196,000,000 | 192,000,000 | 201,000,000 | 238,000,000 | 239,000,000 | 230,000,000 | 238,000,000 | 284,000,000 | 262,000,000 | 282,000,000 | 288,000,000 | 314,000,000 | 374,000,000 | 373,000,000 | 287,000,000 | 296,000,000 | 161,000,000 | 152,000,000 | 140,000,000 | 138,000,000 | 121,000,000 | 108,000,000 | 111,000,000 | 119,300,000 | 105,100,000 | 109,100,000 | 90,600,000 | 79,900,000 | 76,300,000 | 83,600,000 | 80,800,000 | 74,400,000 | 67,900,000 | 77,800,000 | 70,900,000 | 64,800,000 |
total equity | 5,642,000,000 | 5,614,000,000 | 6,150,000,000 | 6,069,000,000 | 5,890,000,000 | 5,706,000,000 | 6,352,000,000 | 6,285,000,000 | 6,042,000,000 | 6,066,000,000 | 6,007,000,000 | 7,781,000,000 | 7,679,000,000 | 7,508,000,000 | 7,037,000,000 | 7,171,000,000 | 7,338,000,000 | 7,262,000,000 | 7,020,000,000 | 7,022,000,000 | 6,654,000,000 | 6,724,000,000 | 4,918,000,000 | 4,763,000,000 | 4,864,000,000 | 4,844,000,000 | 4,578,000,000 | 4,502,000,000 | 4,385,000,000 | 4,344,800,000 | 4,015,800,000 | 3,825,900,000 | 3,916,300,000 | 3,691,900,000 | 3,479,700,000 | 3,301,900,000 | 3,790,700,000 | 3,756,100,000 | 3,761,100,000 | 3,631,500,000 | 3,787,900,000 | 3,751,500,000 |
total liabilities and equity | 13,653,000,000 | 13,769,000,000 | 14,496,000,000 | 14,399,000,000 | 13,830,000,000 | 13,993,000,000 | 15,137,000,000 | 14,108,000,000 | 14,122,000,000 | 14,453,000,000 | 14,104,000,000 | 17,317,000,000 | 17,117,000,000 | 16,994,000,000 | 16,077,000,000 | 16,144,000,000 | 16,678,000,000 | 16,575,000,000 | 16,491,000,000 | 16,863,000,000 | 15,971,000,000 | 16,029,000,000 | 10,892,000,000 | 10,337,000,000 | 9,502,000,000 | 9,702,000,000 | 10,199,000,000 | 10,231,000,000 | 10,104,000,000 | 10,095,300,000 | 10,034,800,000 | 9,787,600,000 | 9,816,200,000 | 9,288,500,000 | 9,083,700,000 | 8,834,700,000 | 9,007,300,000 | 8,988,600,000 | 8,940,700,000 | 8,841,500,000 | 7,687,100,000 | 7,766,300,000 |
notes payable and other short-term debt | 5,000,000 | 398,000,000 | 73,000,000 | 63,000,000 | 65,000,000 | 62,000,000 | 62,000,000 | 56,000,000 | 60,000,000 | 64,000,000 | 66,000,000 | 54,000,000 | 13,000,000 | 51,000,000 | 49,000,000 | 49,000,000 | 297,000,000 | 286,000,000 | 286,000,000 | 419,000,000 | 171,000,000 | 164,000,000 | 172,600,000 | 194,000,000 | 84,600,000 | 303,200,000 | 141,800,000 | 255,100,000 | 175,900,000 | 525,400,000 | 515,300,000 | 466,500,000 | 441,500,000 | 74,600,000 | 72,100,000 | |||||||
capital stock: | ||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | |||||||||||||||||||||||||||||||
non-voting common stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||
common stock held in treasury, at cost: | -3,008,000,000 | -2,537,000,000 | -2,188,000,000 | -2,032,000,000 | -1,812,000,000 | -1,834,000,000 | -1,657,000,000 | -1,584,800,000 | -1,445,400,000 | -1,381,600,000 | -1,158,400,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 2,172,000,000 | 2,041,000,000 | 1,707,000,000 | 1,288,000,000 | 1,037,000,000 | 1,534,000,000 | 949,000,000 | 848,000,000 | 950,000,000 | 1,338,000,000 | 1,241,000,000 | 1,390,000,000 | ||||||||||||||||||||||||||||||
current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||
non-current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||
restricted cash | 3,000,000 | 3,000,000 | 3,000,000 | 15,000,000 | 23,000,000 | |||||||||||||||||||||||||||||||||||||
assets held for sale | 105,000,000 | 50,000,000 | 47,000,000 | 69,600,000 | 67,300,000 | 171,800,000 | ||||||||||||||||||||||||||||||||||||
investments and other long-term receivables | 513,000,000 | 546,000,000 | 557,000,000 | 820,000,000 | 305,000,000 | 315,000,000 | 315,000,000 | 318,000,000 | 694,000,000 | 690,000,000 | 617,000,000 | 591,700,000 | 581,800,000 | 547,400,000 | 559,500,000 | 528,600,000 | 530,000,000 | 502,200,000 | 512,700,000 | 508,900,000 | 487,700,000 | 460,900,000 | 438,500,000 | 437,500,000 | ||||||||||||||||||
liabilities held for sale | 22,000,000 | 22,000,000 | 23,100,000 | 37,800,000 | 29,500,000 | 95,300,000 | ||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 2,127,000,000 | 1,654,000,000 | 1,793,000,000 | 1,977,000,000 | 2,048,000,000 | 2,089,000,000 | 2,056,000,000 | 2,144,300,000 | 2,160,400,000 | 2,270,300,000 | 2,015,000,000 | 1,904,700,000 | 1,841,300,000 | 1,847,300,000 | 1,763,200,000 | 1,790,700,000 | 1,819,400,000 | 1,866,400,000 | 1,436,600,000 | 1,528,200,000 | ||||||||||||||||||||||
income taxes payable | 23,000,000 | 19,000,000 | 45,000,000 | 66,000,000 | 58,000,000 | 53,000,000 | 57,000,000 | 58,900,000 | 44,400,000 | 40,800,000 | 63,000,000 | 59,600,000 | 54,800,000 | 68,600,000 | 61,200,000 | 93,800,000 | 24,500,000 | 49,400,000 | 28,600,000 | 35,300,000 | ||||||||||||||||||||||
other non-current liabilities: | ||||||||||||||||||||||||||||||||||||||||||
other | 698,000,000 | 543,000,000 | 548,000,000 | 549,000,000 | 444,000,000 | 470,000,000 | 459,000,000 | 357,300,000 | 389,400,000 | 355,500,000 | 339,100,000 | 321,200,000 | 306,700,000 | 275,700,000 | 387,900,000 | 410,500,000 | 423,700,000 | 415,200,000 | 318,200,000 | 336,500,000 | ||||||||||||||||||||||
total other non-current liabilities | 988,000,000 | 842,000,000 | 850,000,000 | 855,000,000 | 1,440,000,000 | 1,487,000,000 | 1,497,000,000 | 1,410,900,000 | 1,450,900,000 | 1,432,800,000 | 1,426,800,000 | 1,412,600,000 | 1,412,500,000 | 1,397,400,000 | 681,600,000 | 713,200,000 | 737,300,000 | 728,100,000 | 624,900,000 | 647,500,000 | ||||||||||||||||||||||
asbestos-related liabilities | 723,000,000 | 734,000,000 | 746,000,000 | 755,300,000 | 761,300,000 | 775,700,000 | 786,000,000 | 800,600,000 | 813,800,000 | 827,600,000 | ||||||||||||||||||||||||||||||||
cash | 916,000,000 | 710,000,000 | 494,000,000 | 739,400,000 | 409,700,000 | 545,300,000 | 414,300,000 | 387,100,000 | 358,400,000 | 443,700,000 | 518,700,000 | 495,000,000 | 392,300,000 | 577,700,000 | 1,033,300,000 | 1,107,900,000 | ||||||||||||||||||||||||||
common stock held in treasury | -1,653,000,000 | -1,653,000,000 | -1,626,000,000 | -1,486,200,000 | -1,444,000,000 | -1,430,100,000 | -1,377,200,000 | -1,352,400,000 | -1,300,900,000 | -1,199,800,000 | -931,200,000 | -861,600,000 | ||||||||||||||||||||||||||||||
deferred income taxes | 56,000,000 | 49,800,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 152,000,000 | 280,000,000 | -12,000,000 | 890,000,000 | 347,000,000 | 216,000,000 | 116,000,000 | 542,000,000 | 142,000,000 | 280,000,000 | 342,000,000 | 376,000,000 | 481,000,000 | 64,000,000 | 263,000,000 | 184,000,000 | 357,000,000 | 427,000,000 | 40,000,000 | 34,700,000 | 556,400,000 | 224,700,000 | 338,900,000 | 60,300,000 | 442,600,000 | 230,900,000 | 327,800,000 | 34,400,000 | 397,700,000 | 150,900,000 | ||||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||
free cash flows | 152,000,000 | 280,000,000 | -12,000,000 | 890,000,000 | 347,000,000 | 216,000,000 | 116,000,000 | 542,000,000 | 142,000,000 | 280,000,000 | 342,000,000 | 376,000,000 | 481,000,000 | 64,000,000 | 263,000,000 | 184,000,000 | 357,000,000 | 427,000,000 | 40,000,000 | 34,700,000 | 556,400,000 | 224,700,000 | 338,900,000 | 60,300,000 | 442,600,000 | 230,900,000 | 327,800,000 | 34,400,000 | 397,700,000 | 150,900,000 | ||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||
capital expenditures, including tooling outlays | -143,000,000 | -162,000,000 | -111,000,000 | -77,000,000 | -119,000,000 | -161,000,000 | -155,000,000 | -165,000,000 | -190,000,000 | -208,000,000 | -104,000,000 | -242,000,000 | -278,000,000 | -212,000,000 | -180,000,000 | -154,000,000 | -177,000,000 | -172,000,000 | -152,000,000 | -147,000,000 | -195,000,000 | -179,000,000 | -91,000,000 | -54,000,000 | -117,000,000 | -135,000,000 | -102,000,000 | -127,000,000 | -117,000,000 | -160,400,000 | -170,300,000 | -135,500,000 | -123,300,000 | -130,900,000 | -145,800,000 | -120,100,000 | -130,400,000 | -104,300,000 | -158,500,000 | -133,800,000 |
customer advances related to capital expenditures | 4,000,000 | 13,000,000 | 9,000,000 | 5,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from settlement of net investment hedges | 9,000,000 | 0 | 10,000,000 | -4,000,000 | 12,000,000 | 0 | 10,000,000 | 24,000,000 | 12,000,000 | 0 | 12,000,000 | 0 | 13,000,000 | 0 | 12,000,000 | 16,000,000 | 12,000,000 | -10,000,000 | 10,000,000 | 0 | 11,000,000 | -2,000,000 | 6,000,000 | 5,000,000 | 1,000,000 | |||||||||||||||
proceeds from asset disposals and other | 27,000,000 | 0 | 5,000,000 | 11,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 13,000,000 | 14,000,000 | 2,000,000 | 2,000,000 | 4,000,000 | 4,000,000 | 13,000,000 | 8,000,000 | 1,000,000 | 1,000,000 | -2,000,000 | 5,000,000 | 3,000,000 | 0 | 1,000,000 | 100,000 | 2,900,000 | 600,000 | 1,300,000 | -300,000 | 3,600,000 | 1,200,000 | 4,700,000 | 1,100,000 | 1,300,000 | 900,000 | |||||||
net cash from investing activities | -130,000,000 | -240,000,000 | -282,000,000 | -732,000,000 | -298,000,000 | -134,000,000 | -254,000,000 | -157,000,000 | -139,000,000 | -914,000,000 | -185,000,000 | -617,000,000 | -102,000,000 | -27,000,000 | -120,000,000 | -109,000,000 | -103,000,000 | -173,000,000 | -104,000,000 | -160,900,000 | -181,600,000 | -315,500,000 | -122,500,000 | -132,700,000 | -61,800,000 | -113,500,000 | -125,700,000 | -103,200,000 | -1,331,100,000 | -132,900,000 | ||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||
payments of notes payable | 0 | 0 | -5,000,000 | |||||||||||||||||||||||||||||||||||||
repayments of debt, including current portion | -2,000,000 | -3,000,000 | -3,000,000 | -57,000,000 | -346,000,000 | -350,000,000 | -160,000,000 | -3,000,000 | -12,000,000 | -7,000,000 | -438,000,000 | -4,000,000 | -2,000,000 | -4,000,000 | -3,000,000 | -4,000,000 | -2,000,000 | -1,000,000 | -27,000,000 | -645,000,000 | -26,000,000 | -23,000,000 | -273,000,000 | -21,000,000 | -14,000,000 | |||||||||||||||
payments for purchase of treasury stock | -150,000,000 | -298,000,000 | -102,000,000 | -1,000,000 | -301,000,000 | 0 | -100,000,000 | 0 | -100,000,000 | -100,000,000 | -40,000,000 | 0 | 0 | -33,000,000 | -67,000,000 | -55,200,000 | 0 | -15,300,000 | -53,700,000 | -31,000,000 | -38,000,000 | -66,200,000 | -104,300,000 | -79,500,000 | -219,500,000 | -67,400,000 | ||||||||||||||
payments for stock-based compensation items | -28,000,000 | 0 | -4,000,000 | 0 | -18,000,000 | 0 | 0 | 0 | -23,000,000 | 0 | 0 | 0 | -25,000,000 | 0 | -1,000,000 | 0 | -17,000,000 | -1,000,000 | 0 | -1,000,000 | -13,000,000 | 0 | 0 | -1,000,000 | -12,000,000 | 0 | 0 | -1,000,000 | -14,000,000 | -14,400,000 | -600,000 | -1,300,000 | -7,600,000 | |||||||
payment for business acquired, net of cash acquired | -3,000,000 | |||||||||||||||||||||||||||||||||||||||
dividends paid to borgwarner stockholders | -35,000,000 | -35,000,000 | -36,000,000 | -24,000,000 | -24,000,000 | -24,000,000 | -24,000,000 | -25,000,000 | -25,000,000 | -25,000,000 | -26,000,000 | -40,000,000 | -39,000,000 | -40,000,000 | -39,000,000 | -41,000,000 | -41,000,000 | -40,000,000 | -41,000,000 | -41,000,000 | -40,000,000 | -41,000,000 | -35,000,000 | -35,000,000 | -35,000,000 | -35,000,000 | -35,000,000 | -35,000,000 | -35,000,000 | -35,600,000 | -35,600,000 | -29,400,000 | -29,400,000 | -29,700,000 | -29,600,000 | -27,600,000 | -28,000,000 | -28,200,000 | -28,800,000 | -29,200,000 |
dividends paid to noncontrolling stockholders | -27,000,000 | -2,000,000 | -16,000,000 | -4,000,000 | -50,000,000 | -8,000,000 | -32,000,000 | -23,000,000 | -45,000,000 | -7,000,000 | -39,000,000 | -25,000,000 | -33,000,000 | -2,000,000 | -10,000,000 | -36,000,000 | -34,000,000 | -33,000,000 | -16,000,000 | -5,000,000 | -2,000,000 | -14,000,000 | -5,000,000 | 1,000,000 | -2,000,000 | -22,000,000 | -17,800,000 | -5,700,000 | -1,900,000 | 100,000 | -21,800,000 | -4,200,000 | -2,200,000 | -3,000,000 | -20,500,000 | -4,900,000 | -300,000 | |||
net cash from financing activities | -218,000,000 | -117,000,000 | -90,000,000 | -74,000,000 | -145,000,000 | -153,000,000 | -195,000,000 | -64,000,000 | -59,000,000 | 460,000,000 | -51,000,000 | -274,000,000 | -288,000,000 | 1,061,000,000 | -62,000,000 | -172,000,000 | -30,000,000 | -65,000,000 | -153,000,000 | -3,500,000 | -256,300,000 | 108,100,000 | -198,500,000 | -15,800,000 | -423,700,000 | -99,200,000 | -86,100,000 | -124,800,000 | 497,100,000 | -82,600,000 | ||||||||||
effect of exchange rate changes on cash | -7,000,000 | 7,000,000 | -2,000,000 | 28,000,000 | 22,000,000 | -25,000,000 | 20,000,000 | -6,000,000 | -11,000,000 | 14,000,000 | -25,000,000 | -4,000,000 | 13,000,000 | -53,000,000 | -43,000,000 | -7,000,000 | 13,000,000 | -2,000,000 | -13,000,000 | -1,000,000 | 44,000,000 | 27,000,000 | 4,000,000 | -12,000,000 | 13,000,000 | -18,000,000 | 4,000,000 | -5,000,000 | -5,900,000 | 12,500,000 | 9,900,000 | 10,800,000 | 2,900,000 | -32,100,000 | 5,500,000 | -13,300,000 | 8,200,000 | -19,300,000 | -10,000,000 | |
net decrease in cash, cash equivalents and restricted cash | -203,000,000 | 334,000,000 | -387,000,000 | 251,000,000 | -497,000,000 | 101,000,000 | -102,000,000 | -388,000,000 | -149,000,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 2,313,000,000 | 0 | 0 | 2,094,000,000 | 0 | 0 | 0 | 1,650,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 2,110,000,000 | 251,000,000 | 1,037,000,000 | 101,000,000 | -102,000,000 | 950,000,000 | -149,000,000 | -114,000,000 | 1,504,000,000 | -58,000,000 | ||||||||||||||||||||||||||||||
operating activities of continuing operations | ||||||||||||||||||||||||||||||||||||||||
investing activities of continuing operations | ||||||||||||||||||||||||||||||||||||||||
insurance proceeds received for damage to property, plant and equipment | 0 | 0 | -3,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||
payments for acquired business, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses | ||||||||||||||||||||||||||||||||||||||||
(payments for) proceeds from investments in debt and equity securities | ||||||||||||||||||||||||||||||||||||||||
net cash from investing activities from continuing operations | -122,000,000 | -88,000,000 | -64,000,000 | -94,000,000 | -143,000,000 | -147,000,000 | -138,000,000 | -175,000,000 | -55,000,000 | |||||||||||||||||||||||||||||||
financing activities of continuing operations | ||||||||||||||||||||||||||||||||||||||||
payments on notes payable | ||||||||||||||||||||||||||||||||||||||||
additions to debt | 8,000,000 | 998,000,000 | 14,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | 0 | 13,000,000 | 44,000,000 | 1,207,000,000 | 22,000,000 | 15,000,000 | 20,000,000 | ||||||||||||||||||||||||||
payments for debt issuance costs | 0 | 0 | -1,000,000 | 0 | -9,000,000 | -1,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||
payments for business acquired, net of cash acquired | 0 | 0 | -2,000,000 | |||||||||||||||||||||||||||||||||||||
payments for contingent consideration | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest | 0 | 0 | 0 | 0 | -59,000,000 | 0 | ||||||||||||||||||||||||||||||||||
net distribution from phinia | 0 | |||||||||||||||||||||||||||||||||||||||
net cash from financing activities from continuing operations | -363,000,000 | -147,000,000 | -209,000,000 | -397,000,000 | -417,000,000 | 492,000,000 | -59,000,000 | -183,000,000 | -243,000,000 | |||||||||||||||||||||||||||||||
cash flows from discontinued operations | ||||||||||||||||||||||||||||||||||||||||
operating activities of discontinued operations | -3,000,000 | -9,000,000 | -8,000,000 | -10,000,000 | -19,000,000 | |||||||||||||||||||||||||||||||||||
investing activities of discontinued operations | 0 | |||||||||||||||||||||||||||||||||||||||
financing activities of discontinued operations | 0 | |||||||||||||||||||||||||||||||||||||||
net cash from discontinued operations | -3,000,000 | -9,000,000 | -8,000,000 | -10,000,000 | -19,000,000 | |||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | 141,000,000 | -340,000,000 | -58,000,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | 0 | 1,534,000,000 | 0 | 0 | 0 | 1,338,000,000 | 0 | 0 | 0 | 1,844,000,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||
net cash from operating activities of continuing operations | 368,000,000 | 579,000,000 | 82,000,000 | 356,000,000 | 462,000,000 | -118,000,000 | ||||||||||||||||||||||||||||||||||
payments for investments in equity securities | -5,000,000 | 0 | -1,000,000 | -1,000,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from the sale of business | 0 | 0 | 5,000,000 | 3,000,000 | 0 | 0 | 25,000,000 | |||||||||||||||||||||||||||||||||
payments for businesses acquired, net of cash acquired | -1,000,000 | -11,000,000 | -19,000,000 | -131,000,000 | 0 | -157,000,000 | 0 | |||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash of continuing operations at end of period | 131,000,000 | 334,000,000 | 1,707,000,000 | 251,000,000 | 1,037,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from sale of businesses, net of cash divested | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | ||||||||||||||||||||||||||||||||||||||||
less: cash and cash equivalents of discontinued operations at end of year | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash of continuing operations at end of year | ||||||||||||||||||||||||||||||||||||||||
(payments for) proceeds from investments in equity and debt securities | ||||||||||||||||||||||||||||||||||||||||
net increase in notes payable | 0 | 0 | 7,000,000 | 2,000,000 | 117,400,000 | 156,900,000 | -106,400,000 | 74,400,000 | -180,700,000 | -13,600,000 | 45,500,000 | 19,700,000 | 214,300,000 | 8,000,000 | ||||||||||||||||||||||||||
net increase in cash and cash equivalents | 105,000,000 | -471,000,000 | 118,000,000 | 1,102,000,000 | 69,000,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 1,755,000,000 | 118,000,000 | ||||||||||||||||||||||||||||||||||||||
less: cash and cash equivalents of discontinued operations at end of period | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of continuing operations at end of period | ||||||||||||||||||||||||||||||||||||||||
less: cash, cash equivalents and restricted cash of discontinued operations at end of period | ||||||||||||||||||||||||||||||||||||||||
capital expenditures for damage to property, plant and equipment | 0 | 0 | 0 | -2,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||
payments for businesses acquired, net of cash and restricted cash acquired | 0 | 0 | ||||||||||||||||||||||||||||||||||||||
proceeds from (payments for) investments in debt and equity securities | ||||||||||||||||||||||||||||||||||||||||
less: cash, cash equivalents and restricted cash of discontinued operations at end of year | ||||||||||||||||||||||||||||||||||||||||
proceeds from investments in debt and equity securities | 64,000,000 | |||||||||||||||||||||||||||||||||||||||
operating | ||||||||||||||||||||||||||||||||||||||||
investing | ||||||||||||||||||||||||||||||||||||||||
financing | ||||||||||||||||||||||||||||||||||||||||
payments for investments in debt and equity securities | ||||||||||||||||||||||||||||||||||||||||
(purchase of) capital contribution from noncontrolling interest | ||||||||||||||||||||||||||||||||||||||||
proceeds from (payments for) investments in equity securities | -3,000,000 | 0 | 30,000,000 | |||||||||||||||||||||||||||||||||||||
net decrease in notes payable | ||||||||||||||||||||||||||||||||||||||||
payments for investments in equity securities and other | ||||||||||||||||||||||||||||||||||||||||
payments for debt issuance cost | 0 | 0 | ||||||||||||||||||||||||||||||||||||||
capital contribution from noncontrolling interest | ||||||||||||||||||||||||||||||||||||||||
net earnings | 129,000,000 | -84,000,000 | 137,000,000 | 237,000,000 | 207,000,000 | 182,000,000 | 171,000,000 | 236,800,000 | -132,000,000 | 194,600,000 | 221,100,000 | 199,600,000 | -281,500,000 | 93,100,000 | 175,400,000 | 173,200,000 | 135,400,000 | 165,900,000 | ||||||||||||||||||||||
adjustments to reconcile net earnings to net cash flows from operations: | ||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 115,000,000 | 112,000,000 | 112,000,000 | 115,000,000 | 110,000,000 | 107,000,000 | 107,000,000 | 109,200,000 | 105,800,000 | 104,900,000 | 99,800,000 | 97,300,000 | 100,200,000 | 97,800,000 | 99,000,000 | 94,400,000 | ||||||||||||||||||||||||
restructuring expense, net of cash paid | 4,000,000 | 43,000,000 | 2,000,000 | 16,000,000 | 2,000,000 | 5,000,000 | 7,000,000 | 6,900,000 | 23,500,000 | 0 | 2,200,000 | 9,700,000 | 100,000 | 16,400,000 | 800,000 | |||||||||||||||||||||||||
asset impairments | 0 | |||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 13,000,000 | 6,000,000 | 10,000,000 | 12,000,000 | 13,000,000 | 9,000,000 | 8,000,000 | 14,700,000 | 17,200,000 | 11,200,000 | 11,200,000 | 13,100,000 | 16,300,000 | 7,000,000 | 10,700,000 | 9,600,000 | 9,700,000 | 9,900,000 | ||||||||||||||||||||||
gain on insurance recovery received for property damage | ||||||||||||||||||||||||||||||||||||||||
deferred income tax provision | 80,000,000 | 158,000,000 | -7,000,000 | 37,000,000 | -2,000,000 | 8,200,000 | 2,300,000 | 700,000 | 18,200,000 | 20,600,000 | -269,600,000 | -22,800,000 | -400,000 | 23,900,000 | -13,500,000 | 4,500,000 | ||||||||||||||||||||||||
pension settlement loss | 1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||
tax reform adjustments to provision for income taxes | 0 | 0 | -6,000,000 | 22,000,000 | ||||||||||||||||||||||||||||||||||||
equity in affiliates’ earnings, net of dividends received, and other | 7,000,000 | -4,000,000 | -4,000,000 | 13,000,000 | -10,000,000 | 6,000,000 | -11,000,000 | -8,300,000 | -13,300,000 | -900,000 | -9,500,000 | 5,300,000 | 2,000,000 | -8,600,000 | -15,700,000 | -13,100,000 | 9,900,000 | |||||||||||||||||||||||
net earnings adjusted for non-cash charges to operations | 348,000,000 | 62,000,000 | 261,000,000 | 360,000,000 | 338,000,000 | 350,000,000 | 319,000,000 | 364,800,000 | 353,000,000 | 301,600,000 | 349,400,000 | 321,100,000 | 294,900,000 | 285,800,000 | 285,800,000 | 285,500,000 | 244,500,000 | 269,300,000 | ||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||
receivables | -387,000,000 | 210,000,000 | 152,000,000 | 95,000,000 | 14,000,000 | 5,000,000 | -95,000,000 | -187,100,000 | 64,100,000 | -58,000,000 | 41,400,000 | -215,400,000 | 38,700,000 | -53,100,000 | 32,700,000 | -155,800,000 | 87,700,000 | 5,300,000 | ||||||||||||||||||||||
inventories | 43,000,000 | 18,000,000 | -58,000,000 | 20,000,000 | -16,000,000 | -9,000,000 | -31,000,000 | -27,500,000 | -13,700,000 | -39,600,000 | -25,700,000 | -5,500,000 | 9,000,000 | -31,400,000 | 3,800,000 | -17,900,000 | -8,200,000 | -3,600,000 | ||||||||||||||||||||||
prepayments and other current assets | 4,000,000 | 0 | -8,000,000 | 6,000,000 | -2,000,000 | 1,000,000 | -23,000,000 | -13,600,000 | 9,600,000 | 4,300,000 | -4,700,000 | -8,700,000 | 4,900,000 | 4,800,000 | -1,400,000 | 500,000 | 900,000 | 6,900,000 | ||||||||||||||||||||||
accounts payable and accrued expenses | 437,000,000 | -188,000,000 | -96,000,000 | -105,000,000 | 30,000,000 | 72,000,000 | -120,000,000 | -109,100,000 | 183,000,000 | 50,500,000 | 15,600,000 | -16,300,000 | 148,900,000 | 40,300,000 | -10,700,000 | -43,600,000 | 76,400,000 | -82,100,000 | ||||||||||||||||||||||
prepaid taxes and income taxes payable | 21,000,000 | -31,000,000 | 8,000,000 | -23,000,000 | 9,000,000 | 18,000,000 | -12,000,000 | |||||||||||||||||||||||||||||||||
other assets and liabilities | 15,000,000 | -7,000,000 | 4,000,000 | 3,000,000 | -16,000,000 | -10,000,000 | 2,000,000 | 4,100,000 | -14,900,000 | -36,200,000 | ||||||||||||||||||||||||||||||
proceeds from sale of business, net of cash divested | 0 | |||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interest stockholders | ||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information | ||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||||||||
interest | 24,000,000 | 0 | 29,000,000 | 14,000,000 | 25,000,000 | 7,000,000 | 26,000,000 | 30,600,000 | 19,900,000 | 31,800,000 | 8,400,000 | 31,900,000 | 26,800,000 | 28,700,000 | 15,500,000 | 29,300,000 | 14,400,000 | 31,000,000 | ||||||||||||||||||||||
income taxes, net of refunds | 27,000,000 | 40,000,000 | 43,000,000 | 95,000,000 | 59,000,000 | 21,000,000 | 68,000,000 | 80,200,000 | 59,900,000 | 67,900,000 | 73,500,000 | 78,500,000 | 54,400,000 | 102,400,000 | 59,300,000 | 84,400,000 | 55,800,000 | 52,200,000 | ||||||||||||||||||||||
gain on insurance proceeds received for property damage | ||||||||||||||||||||||||||||||||||||||||
asset impairment | 9,000,000 | |||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -5,000,000 | |||||||||||||||||||||||||||||||||||||||
additions to debt, net of debt issuance costs | 13,000,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, including restricted cash at beginning of year | 832,000,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, including restricted cash at end of period | 901,000,000 | |||||||||||||||||||||||||||||||||||||||
non-cash charges (credits) to operations: | ||||||||||||||||||||||||||||||||||||||||
asset impairment and loss on divestiture | ||||||||||||||||||||||||||||||||||||||||
gain on derecognition of subsidiary | ||||||||||||||||||||||||||||||||||||||||
derecognition of a subsidiary | ||||||||||||||||||||||||||||||||||||||||
payments for businesses acquired, including restricted cash, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||
proceeds from (payments for) settlement of net investment hedges | ||||||||||||||||||||||||||||||||||||||||
repayments of long term debt, including current portion | ||||||||||||||||||||||||||||||||||||||||
cash paid during the year for: | ||||||||||||||||||||||||||||||||||||||||
non-cash investing transactions | ||||||||||||||||||||||||||||||||||||||||
liabilities assumed from business acquired | -1,100,000 | |||||||||||||||||||||||||||||||||||||||
payments for business acquired | 0 | 0 | -10,000,000 | |||||||||||||||||||||||||||||||||||||
additions to long-term debt, net of debt issuance costs | 15,000,000 | 19,000,000 | 11,000,000 | 12,100,000 | 0 | 541,700,000 | 11,600,000 | |||||||||||||||||||||||||||||||||
repayments of long-term debt, including current portion | -15,000,000 | -13,000,000 | -26,000,000 | -10,000,000 | -4,800,000 | -2,000,000 | -6,100,000 | -6,400,000 | -177,000,000 | -7,300,000 | -600,000 | -8,700,000 | -7,400,000 | -6,900,000 | ||||||||||||||||||||||||||
net increase in cash | 23,700,000 | 102,700,000 | -185,400,000 | -455,600,000 | -74,600,000 | |||||||||||||||||||||||||||||||||||
cash and restricted cash at beginning of year | 0 | 0 | 739,000,000 | |||||||||||||||||||||||||||||||||||||
cash and restricted cash at end of period | 206,000,000 | 193,000,000 | 517,000,000 | |||||||||||||||||||||||||||||||||||||
net decrease in cash | 193,000,000 | -222,000,000 | -135,600,000 | 27,200,000 | 28,700,000 | -85,300,000 | ||||||||||||||||||||||||||||||||||
proceeds from sale of business | 23,000,000 | |||||||||||||||||||||||||||||||||||||||
payments for venture capital investment | -1,000,000 | -600,000 | -600,000 | 0 | ||||||||||||||||||||||||||||||||||||
income taxes payable | 3,100,000 | -24,700,000 | 2,100,000 | -3,700,000 | -16,500,000 | 18,900,000 | -31,400,000 | 24,100,000 | -25,800,000 | 20,700,000 | -6,200,000 | |||||||||||||||||||||||||||||
cash at beginning of year | 545,300,000 | 0 | 0 | 0 | 443,700,000 | 0 | 0 | 0 | 577,700,000 | 0 | 0 | |||||||||||||||||||||||||||||
cash at end of period | 409,700,000 | 27,200,000 | 28,700,000 | 358,400,000 | 23,700,000 | 102,700,000 | 392,300,000 | -74,600,000 | ||||||||||||||||||||||||||||||||
asbestos-related charge | ||||||||||||||||||||||||||||||||||||||||
gain on previously held equity interest | 0 | 0 | ||||||||||||||||||||||||||||||||||||||
(payments for) proceeds from settlement of net investment hedges | ||||||||||||||||||||||||||||||||||||||||
proceeds from interest rate swap termination | 0 | |||||||||||||||||||||||||||||||||||||||
(payments for) proceeds from stock-based compensation items | ||||||||||||||||||||||||||||||||||||||||
cash at end of year | ||||||||||||||||||||||||||||||||||||||||
non-cash financing transactions | ||||||||||||||||||||||||||||||||||||||||
debt assumed from business acquired | ||||||||||||||||||||||||||||||||||||||||
asset impairment expense | ||||||||||||||||||||||||||||||||||||||||
payments for (proceeds from) stock-based compensation items | ||||||||||||||||||||||||||||||||||||||||
other non-current assets and liabilities | 1,600,000 | 15,900,000 | -6,500,000 | -8,500,000 | -24,300,000 | -38,700,000 | ||||||||||||||||||||||||||||||||||
payment for venture capital investment | -1,500,000 | |||||||||||||||||||||||||||||||||||||||
loss on divestiture | ||||||||||||||||||||||||||||||||||||||||
repayments of accounts receivable securitization facility | ||||||||||||||||||||||||||||||||||||||||
proceeds from (payments for) stock-based compensation items | ||||||||||||||||||||||||||||||||||||||||
proceeds from stock-based compensation items | ||||||||||||||||||||||||||||||||||||||||
depreciation and tooling amortization | 74,000,000 | |||||||||||||||||||||||||||||||||||||||
amortization of intangible assets and other | 4,300,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from stock options exercised, including the tax benefit | 1,500,000 | |||||||||||||||||||||||||||||||||||||||
taxes paid on employees' restricted stock award vestings | 100,000 | |||||||||||||||||||||||||||||||||||||||
gross r&d expenditures | ||||||||||||||||||||||||||||||||||||||||
customer reimbursements | ||||||||||||||||||||||||||||||||||||||||
net r&d expenditures |
