What does non us — defined benefit plan service cost mean?

The cost of pension benefits earned by non-U.S. employees during the current year.

How do you interpret non us — defined benefit plan service cost?

An increase suggests rising labor costs or changes in workforce demographics, while a decrease may indicate plan changes or reduced headcount.

How does non us — defined benefit plan service cost compare across companies?

Standard across global manufacturing firms with defined benefit pension obligations.

BorgWarner BWA Non Us — Defined Benefit Plan Service Cost

Discontinued — last reported Q2 '19

Similar metrics at other companies

ALLENon Us — Defined Benefit Plan Service Cost

$500K-73.7%

PPGNon Us — Defined Benefit Plan Service Cost

$2.75M-21.4%

ALLENon United States — Defined Benefit Plan Service Cost

$400K-33.3%

HASNon Us — Pension Expense

$598K-31.1%

ALLENon Us — Defined Benefit Plan Net Periodic Benefit Cost

$1M+267%

HASUS — Defined Benefit Plan Service Cost

$325K+0.8%

Other financials

Income statement

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Revenue$3.5B+0.5%

Gross profit$677.0M+5.9%

Operating income$336.0M+41.8%

Net income$242.0M+54.1%

EPS (diluted)$1.16+61.1%

Balance sheet

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Cash & equivalents$2.3B+10.5%

Total debt$4.1B+2.1%

Total equity$5.5B-4.2%

Total assets$13.7B-1.3%

Cash flow

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Operating cash flow$152.0M+85.4%

CapEx$143.0M+20.2%

Free cash flow$9.0M+124%

Valuation

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Market cap$14.74B+77.6%

P/E18.9×-7.9×

P/S1×+0.4×

Profitability

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Gross margin18.9%0.0pp

Operating margin8.1%-0.1pp

Net margin6.3%+1.1pp

FCF margin8.5%+1.5pp

Returns & leverage

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Return on equity15%+3.5pp

Debt / equity0.7×0.0×

Current ratio2.1×+0.2×

Where this comes from

Reported directly by BorgWarner in its filing.

Tagged under the XBRL concept us-gaap:DefinedBenefitPlanServiceCost.

The official record: BorgWarner’s 10-Q, filed July 25, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does non us — defined benefit plan service cost mean?: The cost of pension benefits earned by non-U.S. employees during the current year.
How do you interpret non us — defined benefit plan service cost?: An increase suggests rising labor costs or changes in workforce demographics, while a decrease may indicate plan changes or reduced headcount.
How does non us — defined benefit plan service cost compare across companies?: Standard across global manufacturing firms with defined benefit pension obligations.