8-K
filed October 21, 2025, 7:59 PM ET
ticker BWA
CIK 0000908255
litigation
confidence high
sentiment negative
materiality 0.55
BorgWarner settles VAT refund dispute with PHINIA for $78M; records $38M Q3 charge
BORGWARNER INC
- PHINIA pays $78M total; $31M immediate, $21M due Jan 2026, remainder upon government collection by Dec 1, 2026.
- BorgWarner had $120M VAT refund asset at June 30, 2025, reduced by settlement terms.
- Net $38M charge in Q3 2025 from lower VAT receivables, liability elimination, and legal fees.
- Charge treated as noncomparable item not reflective of ongoing operations.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001628280-25-045710
- form_type
- 8-K
- ticker
- BWA
- cik
- 0000908255
- company_name
- BORGWARNER INC
- filed_at
- 2025-10-21T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:42.557871+00:00
- generated_at
- 2026-05-17T03:10:13.675243+00:00
- sec_items
- ["8.01", "9.01"]
- event_type
- litigation
- sentiment
- negative
- materiality_score
- 0.55
- calibrated_materiality_score
- 0.55
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001628280-25-045710
- json_url
- https://secwatch.observer/filing/0001628280-25-045710.json
- markdown_url
- https://secwatch.observer/filing/0001628280-25-045710.md
- text_url
- https://secwatch.observer/filing/0001628280-25-045710.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/908255/000162828025045710/0001628280-25-045710-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/908255/000162828025045710/bwa-20251021.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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