BORGWARNER INC
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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FY2023 · Filed Feb 8, 2024
BWA$51.44+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (in millions, except share and per share amounts) | 2023 | 2022 |
| ASSETS | ||
| Cash, cash equivalents and restricted cash | $1,534 | $1,083 |
| Receivables, net | 3,109 | 2,471 |
| Inventories, net | 1,313 | 1,217 |
| Prepayments and other current assets | 261 | 230 |
| Current assets of discontinued operations | — | 1,616 |
| Total current assets | 6,217 | 6,617 |
| Property, plant and equipment, net | 3,783 | 3,426 |
| Investments and long-term receivables | 364 | 819 |
| Goodwill | 3,013 | 2,978 |
| Other intangible assets, net | 564 | 619 |
| Other non-current assets | 512 | 489 |
| Non-current assets of discontinued operations | — | 2,046 |
| Total assets | $14,453 | $16,994 |
| LIABILITIES AND EQUITY | ||
| Notes payable and other short-term debt | $73 | $60 |
| Accounts payable | 2,546 | 2,146 |
| Other current liabilities | 1,148 | 1,084 |
| Current liabilities of discontinued operations | — | 946 |
| Total current liabilities | 3,767 | 4,236 |
| Long-term debt | 3,707 | 4,140 |
| Retirement-related liabilities | 146 | 129 |
| Other non-current liabilities | 767 | 686 |
| Non-current liabilities of discontinued operations | — | 295 |
| Total liabilities | 8,387 | 9,486 |
| Commitments and contingencies | ||
| Capital stock: | ||
| Preferred stock, $0.01 par value; authorized shares: 5,000,000; none issued and outstanding | — | — |
| Common stock, $0.01 par value; authorized shares: 390,000,000; issued shares: (2023 - 283,575,876; 2022 - 283,575,876); outstanding shares: (2023 - 229,783,795; 2022 - 234,122,211) | 3 | 3 |
| Non-voting common stock, $0.01 par value; authorized shares: 25,000,000; none issued and outstanding | — | — |
| Capital in excess of par value | 2,689 | 2,675 |
| Retained earnings | 6,152 | 7,454 |
| Accumulated other comprehensive loss | (828) | (876) |
| Common stock held in treasury, at cost: (2023 - 53,792,081 shares; 2022 - 49,453,665 shares) | (2,188) | (2,032) |
| Total BorgWarner Inc. stockholders’ equity | 5,828 | 7,224 |
| Noncontrolling interest | 238 | 284 |
| Total equity | 6,066 | 7,508 |
| Total liabilities and equity | $14,453 | $16,994 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.