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BorgWarner (FRA:BGW) PensionAndRetirementBenefit : €140 Mil (As of Dec. 2023)


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What is BorgWarner PensionAndRetirementBenefit?

BorgWarner's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was €140 Mil.

BorgWarner's quarterly PensionAndRetirementBenefit declined from Jun. 2023 (€218 Mil) to Sep. 2023 (€127 Mil) but then increased from Sep. 2023 (€127 Mil) to Dec. 2023 (€140 Mil).

BorgWarner's annual PensionAndRetirementBenefit declined from Dec. 2021 (€293 Mil) to Dec. 2022 (€139 Mil) but then increased from Dec. 2022 (€139 Mil) to Dec. 2023 (€140 Mil).


BorgWarner PensionAndRetirementBenefit Historical Data

The historical data trend for BorgWarner's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BorgWarner PensionAndRetirementBenefit Chart

BorgWarner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275.40 521.97 292.94 138.77 140.30

BorgWarner Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.77 217.62 217.83 127.43 140.30

BorgWarner PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


BorgWarner (FRA:BGW) Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

BorgWarner (FRA:BGW) Headlines

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