It would still be a MWBC even though the current wouldn't cancel the same as it does in the single phase scenario.
Roger
In this same picture example lets say at first one of the 120V circuits was feeding a receptacle with its respective hot and neutral. Then we wanted to add a light from the other 120V leg and bugged onto the same existing neutral to now have 2 circuits as shown in the picture.
Would this be an example of a borrowed neutral?