← BORGWARNER INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $718.0m $702.0m $428.0m $335.0m $478.0m
Net Income (Loss) Attributable to Parent $118.5m
$439.9m +271.22%
$930.7m +111.57%
$746.0m -19.85%
$500.0m -32.98%
$537.0m +7.40%
$944.0m +75.79%
$625.0m -33.79%
$338.0m -45.92%
$277.0m -18.05%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $160.2m $483.3m $984.6m $797.0m $567.0m $639.0m $1.0b $695.0m $399.0m $335.0m —
Net Income (Loss) Attributable to Noncontrolling Interest $41.7m $43.4m $53.9m $51.0m $67.0m $102.0m $82.0m — — — —
Depreciation, Depletion and Amortization $391.4m $407.8m $431.3m $439.0m $568.0m $772.0m $721.0m $582.0m $673.0m $719.0m $679.0m
Depreciation — — — — — $684.0m $624.0m $515.0m $604.0m $653.0m $616.0m
Amortization of Intangible Assets $40.4m $40.0m $40.1m $39.0m $89.0m $88.0m $97.0m $67.0m $69.0m $66.0m —
Amortization Cash Flow — — — — — — $69.0m $67.0m $69.0m $66.0m —
Amortization Of Intangibles — — — — — — $69.0m $67.0m $69.0m $66.0m $63.0m
Depreciation Amortization Depletion — — — — — — $552.0m $582.0m $673.0m $719.0m $679.0m
Deferred Income Tax Expense (Benefit) ($264.9m) $291.9m ($70.0m) $187.0m $124.0m ($176.0m) ($66.0m) ($60.0m) ($156.0m) ($133.0m) ($125.0m)
Deferred Income Tax — — — — — — ($76.0m) ($44.0m) ($156.0m) ($133.0m) ($125.0m)
Deferred Tax — — — — — — ($76.0m) ($44.0m) ($156.0m) ($133.0m) ($125.0m)
Share-based Payment Arrangement, Noncash Expense $43.6m $52.7m $52.9m $42.0m $41.0m $62.0m $75.0m $58.0m $62.0m $66.0m $59.0m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — $25.0m $23.0m $22.0m —
Share-based Payment Arrangement, Expense — — — — $10.0m $24.0m $38.0m $21.0m $26.0m $29.0m $59.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — — $16.0m —
Goodwill, Impairment Loss — — — — — — — — $577.0m $423.0m $582.0m
Impairment of Intangible Assets (Excluding Goodwill) $12.6m $0 $0 — — — — — — $27.0m —
Impairment of Intangible Assets, Finite-lived $23.9m $0 — — — — — — — — —
Asset Impairment Charge — — — — — — $30.0m $29.0m $646.0m $624.0m $582.0m
Income (Loss) from Equity Method Investments $42.9m $51.2m $48.9m $32.0m $18.0m $48.0m $38.0m $30.0m $27.0m $35.0m —
Other Nonoperating Income (Expense) $4.2m $300k ($3.3m) $0 $0 — — — — — —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($152.0m) ($93.0m) ($208.0m) ($34.0m) $33.0m
Change In Receivables — — — — — — ($409.0m) ($482.0m) $143.0m $2.0m $85.0m
Increase (Decrease) in Inventories $36.5m $84.5m $53.3m $36.0m $28.0m $268.0m $215.0m $72.0m ($31.0m) ($105.0m) ($34.0m)
Change In Inventory — — — — — — ($158.0m) ($72.0m) $31.0m $105.0m ($34.0m)
Gain (Loss) on Disposition of Other Assets — — — — — — — $13.0m ($2.0m) ($9.0m) —
Other Operating Income (Expense), Net ($889.7m) ($144.5m) ($93.8m) $75.0m ($341.0m) ($81.0m) ($58.0m) ($13.0m) ($32.0m) ($109.0m) —
Net Cash Provided by (Used in) Operating Activities $1.0b
$1.2b +13.96%
$1.1b -4.56%
$1.0b -10.52%
$1.2b +17.46%
$1.3b +10.30%
$1.6b +20.14%
$1.4b -10.96%
$1.4b -1.07%
$1.6b +19.25%
$1.7b +4.61%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment — — $19.4m $0 $0 $5.0m $0 $0 $0 $4.0m ($39.0m)
Capital Expenditure $500.6m $560.0m $546.6m $481.0m $441.0m $666.0m ($622.0m) ($832.0m) ($653.0m) ($440.0m) ($483.0m)
Payments to Acquire Investments — — — — — — $473.0m — — — ($4.0m)
Restricted Cash and Investments, Current $0 — — — — — — — — — —
Unrealized Gain (Loss) on Investments — — — — $382.0m ($362.0m) — — — — —
Payments to Acquire Businesses, Net of Cash Acquired $0 $185.7m $0 $10.0m $449.0m $759.0m $312.0m $109.0m $0 $0 $0
Net Other Investing Changes — — — — — — $20.0m $30.0m $4.0m $47.0m $31.0m
Net Cash Provided by (Used in) Investing Activities ($404.2m) ($752.3m) ($514.5m) ($489.0m) ($866.0m) ($1.4b) ($1.4b) ($593.0m) ($603.0m) ($368.0m) ($435.0m)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt — — — — — ($20.0m) $0 $28.0m $10.0m $0 —
Repayments of Long-term Debt $193.6m $19.3m $65.7m $204.0m $331.0m $699.0m $13.0m $451.0m $525.0m $409.0m ($9.0m)
Proceeds from Issuance of Long-term Debt $4.6m $3.0m $58.7m $63.0m $1.2b $1.3b $5.0m $18.0m $1.0b — $1.0b
Debt and Equity Securities, Gain (Loss) — — — — — ($20.0m) ($473.0m) ($174.0m) ($1.0m) $3.0m —
Debt and Equity Securities, Unrealized Gain (Loss) — — — — — ($20.0m) ($73.0m) ($174.0m) ($1.0m) $3.0m —
Issuance Of Debt — — — — — — $5.0m $18.0m $1.0b $0 $1.0b
Long Term Debt Issuance — — — — — — $5.0m $18.0m $1.0b $0 $1.0b
Long Term Debt Payments — — — — — — ($13.0m) ($451.0m) ($525.0m) ($414.0m) ($9.0m)
Net Issuance Payments Of Debt — — — — — — ($8.0m) ($433.0m) $483.0m ($414.0m) ($9.0m)
Net Long Term Debt Issuance — — — — — — ($8.0m) ($433.0m) $483.0m ($414.0m) ($9.0m)
Repayment Of Debt — — — — — — ($13.0m) ($451.0m) ($525.0m) ($414.0m) ($9.0m)
Payments for Repurchase of Common Stock $288.0m $100.0m $150.0m $100.0m $216.0m $0 $240.0m $177.0m $402.0m $508.0m —
Payments of Ordinary Dividends, Common Stock $113.4m $124.1m $141.5m $140.0m $146.0m $162.0m $161.0m $130.0m $98.0m $119.0m ($140.0m)
Common Stock Dividend Paid — — — — — — ($161.0m) ($130.0m) ($98.0m) ($119.0m) ($96.0m)
Common Stock Payments — — — — — — ($240.0m) ($177.0m) ($402.0m) ($508.0m) ($650.0m)
Net Common Stock Issuance — — — — — — ($240.0m) ($177.0m) ($402.0m) ($508.0m) ($650.0m)
Repurchase Of Capital Stock — — — — — — ($240.0m) ($177.0m) ($402.0m) ($508.0m) ($650.0m)
Dividends Payable, Current $15.7m $17.7m $17.2m $14.0m — $18.0m $21.0m $0 — — —
Cash Dividends Paid — — — — — — ($161.0m) ($130.0m) ($98.0m) ($119.0m) ($140.0m)
Proceeds from (Payments for) Other Financing Activities $6.7m ($2.1m) ($15.2m) ($15.0m) ($13.0m) ($15.0m) ($18.0m) — — — —
Net Other Financing Charges — — — — — — ($137.0m) $244.0m ($127.0m) ($53.0m) ($47.0m)
Net Cash Provided by (Used in) Financing Activities ($733.8m)
($362.5m) +50.60%
($383.4m) -5.77%
($420.0m) -9.55%
$437.0m +204.05%
$286.0m -34.55%
($567.0m) -298.25%
($521.0m) +8.11%
($167.0m) +67.95%
($1.1b) -568.26%
($878.0m) +21.33%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($31.7m) $36.1m ($34.5m) $93.0m $818.0m $194.0m ($506.0m) $196.0m $560.0m $219.0m $2.5b
Beginning Cash Position — — — — — — $1.8b $1.3b $1.5b $2.1b $2.0b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $101.0m $194.0m $832.0m $1.6b $1.8b $1.3b $1.5b $2.1b $2.3b $2.5b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($31.7m) $36.1m ($34.5m) ($6.0m) $63.0m ($3.0m) ($90.0m) $0 ($22.0m) $55.0m ($5.0m)
Effect Of Exchange Rate Changes — — — — — — ($90.0m) $0 ($22.0m) $55.0m ($5.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Proceeds from Stock Options Exercised $13.0m $16.5m $0 $0 — — — — — — —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $100.3m $92.0m $83.6m $72.0m $97.0m $130.0m $138.0m $126.0m $121.0m $133.0m —
Income Taxes Paid, Net $300.5m $279.8m $315.7m $243.0m $205.0m $342.0m $319.0m $362.0m $406.0m $372.0m —
Additional Financial Items
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net $0 $0 — — — — — — — — —
Deconsolidation, Gain (Loss), Amount — — — — $0 $0 — — — — —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $0 $0 — ($27.0m) ($4.0m) — — — — — —
Gain (Loss) on Disposition of Intangible Assets — — — — — — — — — $9.0m —
Gain (Loss) on Disposition of Business ($127.1m) ($71.0m) ($25.6m) ($7.0m) ($17.0m) ($29.0m) $13.0m $5.0m ($6.0m) ($2.0m) —
Gain (Loss) on Termination of Lease — ($5.3m) $0 $0 — — — — — — —
Gain (Loss) Related to Litigation Settlement — — — ($14.0m) $0 $0 — — — — —
Goodwill $1.7b $1.9b $1.9b $1.8b $2.6b $3.3b $3.4b $3.0b $2.4b $2.1b $582.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $632.0m $367.0m $277.0m —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — $702.0m $428.0m $335.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — ($7.0m) ($29.0m) $0 —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — $0 —
Income Tax Expense (Benefit) $30.3m $580.3m $211.3m $468.0m $397.0m $150.0m $292.0m $289.0m $111.0m $189.0m —
Investment Income, Interest $6.3m $5.8m $6.4m $12.0m $12.0m $12.0m $26.0m $35.0m $54.0m $60.0m —
Pension Cost (Reversal of Cost) $10.1m $12.5m $8.5m $45.0m $15.0m ($19.0m) ($10.0m) $26.0m $26.0m $26.0m —
Proceeds from Noncontrolling Interests — — — $4.0m $4.0m — — — — — —
Proceeds from (Payments to) Noncontrolling Interests — — — — — ($33.0m) ($59.0m) ($15.0m) $0 $0 —
Restructuring Costs $12.0m $27.0m $33.0m $30.0m $135.0m $123.0m $45.0m $66.0m $6.0m $36.0m —
Revenue from Contract with Customer, Including Assessed Tax — — — — — — — $14.2b $14.1b $14.3b —
Cash Flow From Continuing Financing Activities — — — — — — ($564.0m) ($521.0m) ($167.0m) ($1.1b) ($878.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($1.3b) ($593.0m) ($603.0m) ($368.0m) ($435.0m)
Cash Flow From Discontinued Operation — — — — — — $288.0m ($87.0m) ($30.0m) $0 ($12.0m)
Change In Account Payable — — — — — — $433.0m $375.0m ($292.0m) ($207.0m) ($207.0m)
Change In Cash Supplemental As Reported — — — — — — ($506.0m) $196.0m $560.0m $219.0m —
Change In Other Working Capital — — — — — — ($35.0m) $89.0m ($72.0m) $34.0m $19.0m
Change In Payable — — — — — — $433.0m $375.0m ($292.0m) ($207.0m) ($207.0m)
Change In Prepaid Assets — — — — — — $17.0m ($3.0m) ($18.0m) $32.0m ($18.0m)
Changes In Cash — — — — — — ($416.0m) $196.0m $582.0m $164.0m $412.0m
End Cash Position — — — — — — $1.3b $1.5b $2.1b $2.3b $2.5b
Financing Cash Flow — — — — — — ($564.0m)
($521.0m) +7.62%
($167.0m) +67.95%
($1.1b) -568.26%
($878.0m) +21.33%
Free Cash Flow — — — — — — $558.0m $565.0m $729.0m $1.2b $1.2b
Gain Loss On Investment Securities — — — — — $362.0m $73.0m $174.0m $1.0m ($3.0m) ($3.0m)
Gain Loss On Sale Of Business — — — — — — ($16.0m) ($5.0m) $6.0m $34.0m $33.0m
Investing Cash Flow — — — — — — ($1.3b) ($593.0m) ($603.0m) ($368.0m) ($435.0m)
Net Business Purchase And Sale — — — — — — ($285.0m) ($100.0m) $8.0m $7.0m $0
Net Investment Purchase And Sale — — — — — — ($433.0m) $309.0m $38.0m $18.0m $17.0m
Operating Gains Losses — — — — — — $36.0m $122.0m ($48.0m) $31.0m ($39.0m)
Other Non Cash Items — — — — — — $8.0m $41.0m ($15.0m) $40.0m —
Pension And Employee Benefit Expense — — — — — ($28.0m) ($21.0m) ($19.0m) ($45.0m) — ($46.0m)
Proceeds From Stock Option Exercised — — — — — — ($18.0m) ($25.0m) ($23.0m) ($22.0m) ($32.0m)
Purchase Of Business — — — — — — ($312.0m) ($109.0m) $0 $0 $0
Purchase Of Investment — — — — — ($20.0m) ($473.0m) — ($8.0m) — ($4.0m)
Sale Of Business — — — — — — $27.0m $9.0m $8.0m $7.0m $0
Sale Of Investment — — — — — — $40.0m $309.0m $46.0m $18.0m $19.0m
Stock Based Compensation — — — — — — $64.0m $58.0m $62.0m $66.0m $59.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.