Investor Presentaiton
11
BorgWarner Financial Results & Adj. Operating Income
$ in millions
Q4 2021 adj. operating
income*
$398
(in millions, except per share
amounts)
Three months ended
Disposition
pro forma impact**
Q4 2021 pro forma
adj. operating income*
$(4)|
GAAP & Non-GAAP
Financial Information
December 31,
2021
2022
Sales
$3,655
$4,108
$394
FX
$(40)
Adj. operating income*
Adj. operating margin*
$398
$428
10.9%
10.4%
Organic change,
R&D and performance
Q4 2022 adj. operating
Adj. diluted EPS*
$74
Free cash flow*
$1.06
$1.26
$370
$678
$428
income*
*
**
Adj. operating income, adj. operating margin, adj. diluted EPS and free cash flow on this slide are non-US-GAAP measures. See reconciliation to US GAAP in Appendix.
Disposition impact is from the sale of Water Valley business.
* BorgWarnerView entire presentation