BorgWarner Inc. Files 2024 10-K
Ticker: BWA · Form: 10-K · Filed: 2025-02-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, automotive
TL;DR
BorgWarner dropped its 2024 10-K. Full financials out now.
AI Summary
BorgWarner Inc. filed its 2024 10-K on February 6, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, a major player in the motor vehicle parts and accessories industry, is incorporated in Delaware and headquartered in Auburn Hills, Michigan. The filing provides comprehensive financial statements and disclosures as required by the SEC.
Why It Matters
This filing provides investors and analysts with a detailed look at BorgWarner's financial health, operational performance, and strategic outlook for the past fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: low — This is a standard annual financial filing (10-K) and does not inherently present new risks beyond those typically associated with publicly traded companies.
Key Players & Entities
- BORGWARNER INC (company) — Filer
- 2024 (date) — Fiscal Year End
- December 31, 2024 (date) — Fiscal Year End
- February 6, 2025 (date) — Filing Date
- Auburn Hills, Michigan (location) — Company Headquarters
- MOTOR VEHICLE PARTS & ACCESSORIES (industry) — Standard Industrial Classification
FAQ
What is BorgWarner's Standard Industrial Classification (SIC) code?
BorgWarner Inc.'s SIC code is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
When was BorgWarner Inc. incorporated?
BorgWarner Inc. was incorporated in Delaware (DE).
What is the filing date of this 10-K report?
This 10-K report was filed on February 6, 2025.
What is the fiscal year end for the period covered by this report?
The fiscal year end for the period covered by this report is December 31, 2024.
What is BorgWarner's primary business address?
BorgWarner's primary business address is 3850 Hamlin Rd., Auburn Hills, MI 48326.
From the Filing
0000908255-25-000007.txt : 20250206 0000908255-25-000007.hdr.sgml : 20250206 20250206131907 ACCESSION NUMBER: 0000908255-25-000007 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 166 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250206 DATE AS OF CHANGE: 20250206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BORGWARNER INC CENTRAL INDEX KEY: 0000908255 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133404508 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12162 FILM NUMBER: 25596592 BUSINESS ADDRESS: STREET 1: 3850 HAMLIN RD. CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 2487549200 MAIL ADDRESS: STREET 1: 3850 HAMLIN RD. CITY: AUBURN HILLS STATE: MI ZIP: 48326 FORMER COMPANY: FORMER CONFORMED NAME: BORG WARNER AUTOMOTIVE INC DATE OF NAME CHANGE: 19930628 10-K 1 bwa-20241231.htm 10-K bwa-20241231 0000908255 false 2024 FY P3Y P3Y P3Y P1Y http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense 0.2 P3Y http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense P2Y 3 http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure bwa:joint_venture iso4217:EUR iso4217:CNY iso4217:CHF bwa:employee bwa:program bwa:numberOfDays iso4217:GBP iso4217:HUF iso4217:PLN iso4217:KRW iso4217:MXN iso4217:THB bwa:site bwa:segment 0000908255 2024-01-01 2024-12-31 0000908255 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000908255 us-gaap:SeniorNotesMember 2024-01-01 2024-12-31 0000908255 2024-06-30 0000908255 2025-01-31 0000908255 2024-12-31 0000908255 2023-12-31 0000908255 us-gaap:CommonStockMember 2024-12-31 0000908255 us-gaap:CommonStockMember 2023-12-31 0000908255 us-gaap:NonvotingCommonStockMember 2024-12-31 0000908255 us-gaap:NonvotingCommonStockMember 2023-12-31 0000908255 2023-01-01 2023-12-31 0000908255 2022-01-01 2022-12-31 0000908255 2022-12-31 0000908255 2021-12-31 0000908255 us-gaap:CommonStockMember 2021-12-31 0000908255 us-gaap:TreasuryStockCommonMember 2021-12-31 0000908255 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000908255 us-gaap:RetainedEarningsMember 2021-12-31 0000908255 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000908255 us-gaap:NoncontrollingInterestMember 2021-12-31 0000908255 bwa:TotalEquityMember 2021-12-31 0000908255 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000908255 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000908255 bwa:TotalEquityMember 2022-01-01 2022-12-31 0000908255 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000908255 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000908255 us-gaap:RestrictedStockMember us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000908255 us-gaap:AccumulatedOtherCom