---
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"
generated_at: "2026-05-17T03:10:13.675243+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BorgWarner settles VAT refund dispute with PHINIA for $78M; records $38M Q3 charge

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: litigation
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000162828025045710/0001628280-25-045710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000162828025045710/bwa-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-045710
- JSON: https://secwatch.observer/filing/0001628280-25-045710.json
- Plain text: https://secwatch.observer/filing/0001628280-25-045710.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.