v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 2,313 $ 2,094
Receivables, net 2,962 2,843
Inventories 1,207 1,251
Prepayments and other current assets 313 333
Total current assets 6,795 6,521
Property, plant and equipment, net 3,330 3,575
Investments and long-term receivables 357 356
Goodwill 2,055 2,357
Other intangible assets, net 394 474
Other non-current assets 838 710
Total assets 13,769 13,993
LIABILITIES AND EQUITY    
Notes payable and other short-term debt 5 398
Accounts payable 1,996 2,032
Other current liabilities 1,281 1,216
Total current liabilities 3,282 3,646
Long-term debt 3,894 3,763
Retirement-related liabilities 128 137
Other non-current liabilities 851 741
Total liabilities 8,155 8,287
Commitments and contingencies  
Capital stock:    
Preferred stock, $0.01 par value; authorized shares: 5,000,000; none issued and outstanding 0 0
Capital in excess of par value 2,676 2,674
Retained earnings 6,570 6,412
Accumulated other comprehensive loss (799) (1,020)
Common stock held in treasury, at cost: (2025 - 76,518,605 shares; 2024 - 64,906,002 shares) (3,008) (2,537)
Total BorgWarner Inc. stockholders’ equity 5,442 5,532
Noncontrolling interest 172 174
Total equity 5,614 5,706
Total liabilities and equity 13,769 13,993
Issued common stock    
Capital stock:    
Common stock 3 3
Nonvoting Common Stock    
Capital stock:    
Common stock $ 0 $ 0