For the year ending 2025-12-31, BWA had $219M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net cash provided by operating activities | - | - | - | 1,569 |
| Net cash provided by operating activities (see note 25) | 1,648 | 1,382 | 1,397 | - |
| Capital expenditures, including tooling outlays | 469 | 671 | 832 | 723 |
| Capital expenditures for damage to property, plant and equipment | - | - | 0 | 0 |
| Customer advances related to capital expenditures | -29 | -18 | - | - |
| Insurance proceeds received for damage to property, plant and equipment | 4 | - | 0 | 0 |
| Payments for acquired business, net of cash acquired | 0 | 0 | 109 | 312 |
| Proceeds from sale of businesses, net | 7 | 8 | 9 | 27 |
| Proceeds from settlement of net investment hedges, net | 18 | 46 | 25 | -40 |
| Payments for investments in debt and equity securities, net | - | - | - | 473 |
| (payments for) proceeds from investments in debt and equity securities, net | 0 | 8 | -284 | - |
| Proceeds from asset disposals and other, net | 43 | 4 | 30 | 23 |
| Net cash used in investing activities | - | - | - | -1,418 |
| Net cash used in investing activities from continuing operations | -368 | -603 | -593 | - |
| Payments on notes payable | -5 | - | - | 0 |
| Additions to debt | - | 1,008 | 18 | 5 |
| Repayments of debt, including current portion | 409 | 525 | 451 | 13 |
| Payments for debt issuance costs | 0 | 9 | 3 | 0 |
| Payments for purchase of treasury stock | 508 | 402 | 177 | 240 |
| Payments for stock-based compensation items | 22 | 23 | 25 | - |
| Payments for business acquired, net of cash acquired | - | 4 | - | - |
| Payments for stock-based compensation items | - | - | - | -18 |
| Payments for contingent consideration | 4 | 1 | 23 | - |
| Purchase of noncontrolling interest | 0 | 0 | -15 | -59 |
| Net distribution from phinia | 0 | 0 | 401 | - |
| Dividends paid to borgwarner stockholders | 119 | 98 | 130 | 161 |
| Dividends paid to noncontrolling stockholders | 49 | 113 | 116 | 81 |
| Net cash used in financing activities from continuing operations | -1,116 | -167 | -521 | - |
| Operating activities of discontinued operations | 0 | -30 | -85 | - |
| Investing activities of discontinued operations | 0 | 0 | -86 | - |
| Financing activities of discontinued operations | 0 | 0 | 84 | - |
| Net cash (used in) provided by financing activities | - | - | - | -567 |
| Net cash used in discontinued operations | 0 | -30 | -87 | - |
| Effect of exchange rate changes on cash | 55 | -22 | 0 | -90 |
| Net increase in cash, cash equivalents and restricted cash | 219 | 560 | 196 | -506 |
| Cash and cash equivalents at beginning of period | 2,094 | 1,534 | 1,338 | 1,844 |
| Cash and cash equivalents at end of period | 2,313 | 2,094 | 1,534 | 1,338 |
BORGWARNER INC (BWA)
BORGWARNER INC (BWA)