We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BorgWarner Inc | NYSE:BWA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.825 | 2.49% | 34.005 | 34.02 | 33.04 | 33.26 | 180,345 | 15:16:21 |
x
|
Annual Report pursuant to Section 15(d) of the Securities and Exchange Act of 1934
|
q
|
Transition Report pursuant to Section 15(d) of the Securities Exchange Act of 1934
|
A.
|
Full title of the plan and the address of the plan, if different from that of the issuer named below:
|
B.
|
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
|
|
|
|
|
|
Page
|
|
|
|
|
||
|
|
|
Financial Statements:
|
|
|
|
|
|
|
||
|
|
|
|
||
|
|
|
|
||
|
|
|
Supplemental Schedule:
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
Note:
|
|
|
All other schedules required by section 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted due to the absence of conditions under which they are required.
|
|
|
|
|
|
|
||||
|
2013
|
|
2012
|
||||
|
|
|
|
||||
NET ASSETS:
|
|
|
|
||||
Cash
|
$
|
301
|
|
|
$
|
248
|
|
Participant-directed investments in BorgWarner Inc. Retirement Savings Master Trust (“Master Trust”)
|
—
|
|
|
840,182
|
|
||
Investments at fair value
|
981,608
|
|
|
—
|
|
||
Participant contributions receivable
|
158
|
|
|
137
|
|
||
Company contributions receivable
|
194
|
|
|
176
|
|
||
Notes receivable from participants
|
11,163
|
|
|
10,178
|
|
||
Total assets
|
993,424
|
|
|
850,921
|
|
||
|
|
|
|
||||
Accrued liabilities
|
105
|
|
|
153
|
|
||
|
|
|
|
||||
NET ASSETS AVAILABLE FOR BENEFITS AT FAIR VALUE
|
993,319
|
|
|
850,768
|
|
||
|
|
|
|
||||
Adjustment from fair value to contract value for the Master Trust's interest in common trust relating to fully benefit-responsive investment contracts
|
—
|
|
|
(6,689
|
)
|
||
Adjustment from fair value to contract value for interest in common trust relating to fully benefit-responsive investment contracts
|
(2,085
|
)
|
|
—
|
|
||
|
|
|
|
||||
NET ASSETS AVAILABLE FOR BENEFITS
|
$
|
991,234
|
|
|
$
|
844,079
|
|
|
|
|
|
||||
|
|
|
|
||||
See accompanying notes to financial statements.
|
1.
|
DESCRIPTION OF PLAN
|
2.
|
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
|
3.
|
EXEMPT PARTIES-IN-INTEREST TRANSACTIONS
|
4.
|
TAX STATUS
|
5.
|
RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500
|
|
|
2013
|
|
2012
|
||||
Net assets available for benefits per the financial statements
|
|
$
|
991,234
|
|
|
$
|
844,079
|
|
Adjustment from contract value to fair value for the Master Trust's interest in common trust relating to fully benefit-responsive investment contracts
|
|
—
|
|
|
6,689
|
|
||
Adjustment from contract value to fair value for interest in common trust relating to fully benefit-responsive investment contracts
|
|
2,085
|
|
|
—
|
|
||
Amounts allocated to withdrawing participants
|
|
(193
|
)
|
|
—
|
|
||
Net assets available for benefits per the Form 5500
|
|
$
|
993,126
|
|
|
$
|
850,768
|
|
|
|
2013
|
||
Total net investment income per the financial statements
|
|
$
|
191,464
|
|
Change in adjustment from contract value to fair value for interest in common trust relating to fully benefit-responsive investment contracts
|
|
(4,604
|
)
|
|
Net investment income per the Form 5500
|
|
$
|
186,860
|
|
|
|
2013
|
||
Participants' withdrawals per the financial statements
|
|
$
|
92,097
|
|
Amounts allocated to withdrawing participants at December 31, 2013
|
|
193
|
|
|
Participants' withdrawals per the Form 5500
|
|
$
|
92,290
|
|
|
|
2013
|
|
2012
|
|
||||
BorgWarner Inc. Common Stock
|
|
$
|
200,870
|
|
|
$
|
145,671
|
|
|
Northern Trust S & P 500 Index
|
|
191,997
|
|
|
151,410
|
|
|
||
T. Rowe Price Stable Value Common Trust Fund
|
|
149,164
|
|
|
162,275
|
|
|
||
Vanguard Mid-Cap Index Fund
|
|
63,464
|
|
|
49,063
|
|
|
||
Buffalo Small Cap Fund
|
|
57,531
|
|
|
40,707
|
|
*
|
||
Harbor International Fund
|
|
54,535
|
|
|
48,742
|
|
|
||
*Investment is not equal to or greater than 5% of net assets available for benefits in the respective year
|
|
|
|
|
|
|
|
2013
|
||
Collective Trust Funds
|
|
$
|
72,750
|
|
BorgWarner Inc. Common Stock
|
|
71,597
|
|
|
Mutual Funds
|
|
36,374
|
|
|
Net appreciation in fair value of investments
|
|
$
|
180,721
|
|
|
|
2013
|
|
2012
|
||||
Fair value of investments:
|
|
|
|
|
||||
Northern Trust Focus Funds
|
|
$
|
—
|
|
|
$
|
205,142
|
|
BorgWarner Inc. Common Stock
|
|
—
|
|
|
145,671
|
|
||
Northern Trust S & P 500 Index
|
|
—
|
|
|
151,410
|
|
||
T. Rowe Price Stable Value Common Trust Fund
|
|
—
|
|
|
162,275
|
|
||
Vanguard Mid-Cap Index Fund
|
|
—
|
|
|
49,063
|
|
||
Buffalo Small Cap Fund
|
|
—
|
|
|
40,707
|
|
||
Harbor International Fund
|
|
—
|
|
|
48,742
|
|
||
Northern Trust Collective Aggregate Bond Index
|
|
—
|
|
|
36,352
|
|
||
Cash Fund (Northern Trust Short Term Investment Fund)
|
|
—
|
|
|
690
|
|
||
T. Rowe Price Prime Reserve Fund
|
|
—
|
|
|
130
|
|
||
Assets reflecting all investments at fair value
|
|
—
|
|
|
840,182
|
|
||
|
|
|
|
|
||||
Adjustment from fair value to contract value for the interest in common trust relating to fully benefit-responsive investment contracts
|
|
—
|
|
|
(6,689
|
)
|
||
|
|
|
|
|
||||
Total assets
|
|
$
|
—
|
|
|
$
|
833,493
|
|
8.
|
FAIR VALUE MEASUREMENTS
|
Level 1:
|
Observable inputs such as quoted prices for identical assets or liabilities in active markets;
|
Level 2:
|
Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and
|
Level 3:
|
Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
|
Plan Investments
|
|
|
|
Basis of Fair Value Measurements
|
||||||||||||
(in thousands)
|
|
Balance at December 31, 2013
|
|
Quote Prices in Active Market for Identical Items
(Level 1)
|
|
Significant Other Observable Inputs
(Level 2)
|
|
Significant Unobservable Inputs
(Level 3)
|
||||||||
Collective Trust Funds:
|
|
|
|
|
|
|
|
|
||||||||
Northern Trust Focus Funds
|
|
$
|
232,628
|
|
|
$
|
—
|
|
|
$
|
232,628
|
|
|
$
|
—
|
|
Northern Trust S & P 500 Index
|
|
191,997
|
|
|
—
|
|
|
191,997
|
|
|
—
|
|
||||
Northern Trust Collective Aggregate Bond Index
|
|
30,996
|
|
|
—
|
|
|
30,996
|
|
|
—
|
|
||||
BorgWarner Inc. Common Stock
|
|
200,870
|
|
|
200,870
|
|
|
—
|
|
|
—
|
|
||||
T. Rowe Price Stable Value Common Trust Fund
|
|
149,164
|
|
|
—
|
|
|
149,164
|
|
|
—
|
|
||||
Mutual Funds:
|
|
|
|
|
|
|
|
|
||||||||
Vanguard Mid-Cap Index Fund
|
|
63,464
|
|
|
63,464
|
|
|
—
|
|
|
—
|
|
||||
Buffalo Small Cap Fund
|
|
57,531
|
|
|
57,531
|
|
|
—
|
|
|
—
|
|
||||
Harbor International Fund
|
|
54,535
|
|
|
54,535
|
|
|
—
|
|
|
—
|
|
||||
Money Market Funds:
|
|
|
|
|
|
|
|
|
||||||||
Cash Fund (Northern Trust Short Term Investment Fund)
|
|
293
|
|
|
—
|
|
|
293
|
|
|
—
|
|
||||
T. Rowe Price Prime Reserve Fund
|
|
130
|
|
|
—
|
|
|
130
|
|
|
—
|
|
||||
Total Investments at Fair Value
|
|
$
|
981,608
|
|
|
$
|
376,400
|
|
|
$
|
605,208
|
|
|
$
|
—
|
|
Master Trust Investments
|
|
|
|
Basis of Fair Value Measurements
|
||||||||||||
(in thousands)
|
|
Balance at December 31, 2012
|
|
Quote Prices in Active Market for Identical Items
(Level 1)
|
|
Significant Other Observable Inputs
(Level 2)
|
|
Significant Unobservable Inputs
(Level 3)
|
||||||||
Collective Trust Funds:
|
|
|
|
|
|
|
|
|
||||||||
Northern Trust Focus Funds
|
|
$
|
205,142
|
|
|
$
|
—
|
|
|
$
|
205,142
|
|
|
$
|
—
|
|
Northern Trust S & P 500 Index
|
|
151,410
|
|
|
—
|
|
|
151,410
|
|
|
—
|
|
||||
Northern Trust Collective Aggregate Bond Index
|
|
36,352
|
|
|
—
|
|
|
36,352
|
|
|
—
|
|
||||
T. Rowe Price Stable Value Common Trust Fund
|
|
162,275
|
|
|
—
|
|
|
162,275
|
|
|
—
|
|
||||
BorgWarner Inc. Common Stock
|
|
145,671
|
|
|
145,671
|
|
|
—
|
|
|
—
|
|
||||
Mutual Funds:
|
|
|
|
|
|
|
|
|
||||||||
Harbor International Fund
|
|
48,742
|
|
|
48,742
|
|
|
—
|
|
|
—
|
|
||||
Vanguard Mid-Cap Index Fund
|
|
49,063
|
|
|
49,063
|
|
|
—
|
|
|
—
|
|
||||
Buffalo Small Cap Fund
|
|
40,707
|
|
|
40,707
|
|
|
—
|
|
|
—
|
|
||||
Money Market Funds:
|
|
|
|
|
|
|
|
|
|
|||||||
Cash Fund (Northern Trust Short Term Investment Fund)
|
|
690
|
|
|
—
|
|
|
690
|
|
|
—
|
|
||||
T. Rowe Price Prime Reserve Fund
|
|
130
|
|
|
—
|
|
|
130
|
|
|
—
|
|
||||
Total Master Trust
|
|
$
|
840,182
|
|
|
$
|
284,183
|
|
|
$
|
555,999
|
|
|
$
|
—
|
|
|
|
|
|
|
|
||
|
Identity of Issue,
Borrower, Lessor, or
Similar Party
|
|
Description of Investment Including Maturity Date, Rate of Interest, Collateral, Par, or Maturity Value and Number of Shares Outstanding
|
|
Current
Value
|
||
|
|
|
|
|
|
||
|
Northern Trust Focus Income Fund
|
|
Collective Trust Fund - 7,971
|
|
$
|
1,042
|
|
|
Northern Trust Focus 2010 Fund
|
|
Collective Trust Fund - 158,944
|
|
21,588
|
|
|
|
Northern Trust Focus 2015 Fund
|
|
Collective Trust Fund - 211,792
|
|
29,448
|
|
|
|
Northern Trust Focus 2020 Fund
|
|
Collective Trust Fund - 329,386
|
|
46,934
|
|
|
|
Northern Trust Focus 2025 Fund
|
|
Collective Trust Fund - 213,209
|
|
31,062
|
|
|
|
Northern Trust Focus 2030 Fund
|
|
Collective Trust Fund - 226,720
|
|
33,840
|
|
|
|
Northern Trust Focus 2035 Fund
|
|
Collective Trust Fund - 178,029
|
|
27,158
|
|
|
|
Northern Trust Focus 2040 Fund
|
|
Collective Trust Fund - 147,571
|
|
22,767
|
|
|
|
Northern Trust Focus 2045 Fund
|
|
Collective Trust Fund - 80,628
|
|
12,443
|
|
|
|
Northern Trust Focus 2050 Fund
|
|
Collective Trust Fund - 33,845
|
|
5,228
|
|
|
|
Northern Trust Focus 2055 Fund
|
|
Collective Trust Fund - 7,224
|
|
1,118
|
|
|
|
Northern Trust S&P 500 Index
|
|
Collective Trust Fund - 1,026,504
|
|
191,997
|
|
|
|
Northern Trust Collective Aggregate Bond Index
|
|
Collective Trust Fund - 264,467
|
|
30,996
|
|
|
*
|
BorgWarner Inc. Common Stock
|
|
Company Stock - 3,592,729
|
|
200,870
|
|
|
*
|
T. Rowe Price Stable Value Common Trust Fund
|
|
Stable Value Common Trust Fund - 147,079,811
|
|
149,164
|
|
|
|
Vanguard Mid-Cap Index Fund
|
|
Mutual Fund - 2,109,845
|
|
63,464
|
|
|
|
Buffalo Small Cap Fund
|
|
Mutual Fund - 1,541,565
|
|
57,531
|
|
|
|
Harbor International Fund
|
|
Mutual Fund - 767,987
|
|
54,535
|
|
|
|
Cash Fund (Northern Trust Short Term Investment Fund)
|
|
Money Market Fund - 292,844
|
|
293
|
|
|
*
|
T. Rowe Price Prime Reserve Fund
|
|
Money Market Fund - 129,638
|
|
130
|
|
|
*
|
Notes receivable from participants
|
|
Notes receivable from participants, interest rates generally ranging from 4.25% to 9.50%; loan terms generally ranging from 6 months to 5 years
|
|
11,163
|
|
|
|
|
|
|
|
$
|
992,771
|
|
|
|
|
|
|
|
||
*
|
Denotes party-in-interest.
|
|
|
|
|
Plan Name: BorgWarner Inc. Retirement Savings Plan
|
||
|
|
|
By:
|
|
/s/ James R. Verrier
|
Name:
|
|
James R. Verrier
|
Title:
|
|
Member of Employee Benefits Committee
|
|
|
|
By:
|
|
/s/ Ronald T. Hundzinski
|
Name:
|
|
Ronald T. Hundzinski
|
Title:
|
|
Member of Employee Benefits Committee
|
|
|
|
By:
|
|
/s/ Steven G. Carlson
|
Name:
|
|
Steven G. Carlson
|
Title:
|
|
Member of Employee Benefits Committee
|
|
|
|
By:
|
|
/s/ Kim Jenett
|
Name:
|
|
Kim Jenett
|
Title:
|
|
Chairperson of Employee Benefits Committee
|
|
|
|
|
Exhibit
Number
|
|
Exhibit Description
|
|
23.1
|
|
|
Consent of Independent Registered Public Accounting Firm
|
1 Year BorgWarner Chart |
1 Month BorgWarner Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions