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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES OF CONTINUING OPERATIONS    
Net cash (used in) provided by operating activities of continuing operations (see Note 23) $ (118) $ 59
INVESTING ACTIVITIES OF CONTINUING OPERATIONS    
Capital expenditures, including tooling outlays (190) (239)
Payments for businesses acquired, net of cash acquired 0 (19)
Proceeds from settlement of net investment hedges, net 12 13
Proceeds from the sale of business, net 3 0
Proceeds from asset disposals and other, net 0 1
Net cash used in investing activities from continuing operations (175) (244) CloseCloseClose
FINANCING ACTIVITIES OF CONTINUING OPERATIONS    
Additions to debt 0 1
Repayments of debt, including current portion (12) (2)
Payments for purchase of treasury stock (100) 0
Payments for stock-based compensation items (23) (25)
Dividends paid to BorgWarner stockholders (25) (39)
Dividends paid to noncontrolling stockholders (23) (25)
Net cash used in financing activities from continuing operations (183) (90) CloseClose
CASH FLOWS FROM DISCONTINUED OPERATIONS    
Operating activities of discontinued operations (10) (71)
Investing activities of discontinued operations 0 (38)
Net cash used in discontinued operations (10) (109)
Effect of exchange rate changes on cash (11) (4) CloseClose
Net decrease in cash, cash equivalents and restricted cash (497) (388) CloseClose
Cash, cash equivalents and restricted cash at beginning of year 1,534 1,338
Cash, cash equivalents and restricted cash at end of period 1,037 950
Less: Cash, cash equivalents and restricted cash of discontinued operations at end of period 0 181
Cash, cash equivalents and restricted cash of continuing operations at end of period $ 1,037 $ 769