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    BorgWarner Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    10/31/24 8:31:31 AM ET
    $BWA
    Auto Parts:O.E.M.
    Consumer Discretionary
    Get the next $BWA alert in real time by email
    bwa-20241031
    0000908255FALSE00009082552024-10-312024-10-310000908255us-gaap:CommonStockMember2024-10-312024-10-310000908255bwa:SeniorNotesDueMay2031Memberus-gaap:SeniorNotesMember2024-10-312024-10-31

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington D.C. 20549
    FORM 8-K
    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): October 31, 2024

    BORGWARNER INC.
    ________________________________________________
    (Exact name of registrant as specified in its charter)
    Delaware1-1216213-3404508
    State or other jurisdiction ofCommission File No.(I.R.S. Employer
    Incorporation or organization Identification No.)
    3850 Hamlin Road, Auburn Hills,Michigan 48326
    (Address of principal executive offices) (Zip Code)
    Registrant’s telephone number, including area code: (248) 754-9200

    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Title of each class Trading Symbol(s)Name of each exchange on which registered
    Common Stock, par value $0.01 per shareBWANew York Stock Exchange
    1.00% Senior Notes due 2031BWA31New York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company o  

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o  



    Item 2.02. Results of Operations and Financial Condition

    On October 31, 2024, BorgWarner Inc. (the “Company”) issued a press release announcing its financial results for the quarter and nine months ended September 30, 2024. Effective July 1, 2024, the Company implemented a new business unit and management structure. The Company now reports its results in the following four reportable segments: Turbos & Thermal Technologies, Drivetrain & Morse Systems, PowerDrive Systems (formerly ePropulsion) and Battery & Charging Systems. The reportable segment disclosures have been updated accordingly which included recasting prior period information for the new reporting structure. The press release includes such recast information for the quarters within the six months ended June 30, 2024 and the quarters within the year ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The earnings call presentation to which the attached press release refers is available at https://www.borgwarner.com/investors, but it is not incorporated herein by reference.

    The information contained in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purpose of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in any such filings.

    Item 9.01. Financial Statements and Exhibits

    (d)     Exhibits. The following exhibits are being furnished as part of this Report.
    Exhibit
    Number
    Description
    99.1
    Press release regarding earnings issued by BorgWarner Inc. dated October 31, 2024
    104.1The cover page from this Current Report on Form 8-K, formatted as Inline XBRL





    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    BorgWarner Inc.
    Date: October 31, 2024
    By:/s/ Tonit M. Calaway
    Name: Tonit M. Calaway
    Title: Executive Vice President and Secretary


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