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 Statements of Equity
| Number of shares · BorgWarner Inc. stockholder's equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in millions, except share data) | Issued common stock | Common stock held in treasury | Issued common stock | Capital in excess of par value | Treasury stock | Retained earnings | Accumulated other comprehensive income (loss) | Noncontrolling interests | Total |
| Balance, January 1, 2021 | 283,575,876 | (44,645,173) | $3 | $2,614 | $(1,834) | $6,296 | $(651) | $296 | $6,724 |
| Dividends declared ($0.68 per share)1 | — | — | — | — | — | (162) | — | (84) | (246) |
| Net issuance for executive stock plan | — | 89,787 | — | 19 | 2 | — | — | — | 21 |
| Net issuance of restricted stock | — | 756,402 | — | 5 | 20 | — | — | — | 25 |
| Acquisition of AKASOL | — | — | — | — | — | — | — | 96 | 96 |
| Purchase and reclass of noncontrolling interest | — | — | — | (1) | — | — | — | (90) | (91) |
| Net earnings | — | — | — | — | — | 537 | — | 102 | 639 |
| Other comprehensive loss | — | — | — | — | — | — | 100 | (6) | 94 |
| Balance, December 31, 2021 | 283,575,876 | (43,798,984) | $3 | $2,637 | $(1,812) | $6,671 | $(551) | $314 | $7,262 |
| Dividends declared ($0.68 per share)1 | — | — | — | — | — | (161) | — | (85) | (246) |
| Net issuance for executive stock plan | — | 181,212 | — | 28 | 4 | — | — | — | 32 |
| Net issuance of restricted stock | — | 583,021 | — | 9 | 16 | — | — | — | 25 |
| Purchase of treasury stock | — | (6,418,914) | — | — | (240) | — | — | — | (240) |
| Purchase/sale of noncontrolling interest | — | — | — | 1 | — | — | — | (3) | (2) |
| Net earnings | — | — | — | — | — | 944 | — | 82 | 1,026 |
| Other comprehensive loss | — | — | — | — | — | — | (325) | (24) | (349) |
| Balance, December 31, 2022 | 283,575,876 | (49,453,665) | $3 | $2,675 | $(2,032) | $7,454 | $(876) | $284 | $7,508 |
| Dividends declared ($0.56 per share)1 | — | — | — | — | — | (130) | — | (95) | (225) |
| Net issuance for executive stock plan | — | 238,708 | — | 9 | 5 | — | — | — | 14 |
| Net issuance of restricted stock | — | 687,799 | — | 7 | 16 | — | — | — | 23 |
| Purchase of treasury stock | — | (5,264,923) | — | — | (177) | — | — | — | (177) |
| Purchase of noncontrolling interest | — | — | — | (2) | — | — | — | (13) | (15) |
| Net earnings | — | — | — | — | — | 625 | — | 70 | 695 |
| Other comprehensive income | — | — | — | — | — | — | 64 | (8) | 56 |
| Spin-Off of PHINIA | — | — | — | — | — | (1,797) | (16) | — | (1,813) |
| Balance, December 31, 2023 | 283,575,876 | (53,792,081) | $3 | $2,689 | $(2,188) | $6,152 | $(828) | $238 | $6,066 |
1 Dividends declared relate to BorgWarner common stock.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.