BORGWARNER INC
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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FY2023 · Filed Feb 8, 2024
BWA$50.45-1.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions) | 2023 | 2022 | 2021 |
| Net earnings attributable to BorgWarner Inc. | $625 | $944 | $537 |
| Other comprehensive (loss) income | |||
| Foreign currency translation adjustments1 | 31 | (327) | (102) |
| Hedge instruments1 | 24 | 4 | — |
| Postretirement defined benefit plans1 | (7) | (2) | 202 |
| Total other comprehensive (loss) income attributable to BorgWarner Inc. | 48 | (325) | 100 |
| Comprehensive income attributable to BorgWarner Inc.1 | 673 | 619 | 637 |
| Net earnings attributable to noncontrolling interest, net of tax | 70 | 82 | 102 |
| Other comprehensive (loss) income attributable to the noncontrolling interest1 | (8) | (24) | (6) |
| Comprehensive income | $735 | $677 | $733 |
1 Net of income taxes.
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