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Comprehensive Income and Equity (Tables) | 3 Months Ended
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Mar. 29, 2014
Equity [Abstract] |
Summary of Comprehensive Income and Reconciliations of Equity | A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three months ended March 29, 2014 and March 30, 2013, are shown below (in millions):
|  | Three Months Ended March 29, 2014 |  |  | Three Months Ended March 30, 2013 |
|  | Equity |  |  | Lear Corporation Stockholders’ Equity |  |  | Non- controlling Interests |  |  | Equity |  |  | Lear Corporation Stockholders’ Equity |  |  | Non- controlling Interests |
Beginning equity balance |  | $ | 3,149.5 |  |  | $ | 3,045.9 |  |  | $ | 103.6 |  |  | $ | 3,612.2 |  |  | $ | 3,487.1 |  |  | $ | 125.1 |
Stock-based compensation transactions |  |  | 0.3 |  |  |  | 0.3 |  |  |  | — |  |  |  | 7.4 |  |  |  | 7.4 |  |  |  | — |
Repurchase of common stock |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (200.1 | ) |  |  | (200.1 | ) |  |  | — |
Dividends declared to Lear Corporation stockholders |  |  | (17.2 | ) |  |  | (17.2 | ) |  |  | — |  |  |  | (16.5 | ) |  |  | (16.5 | ) |  |  | — |
Dividends paid to noncontrolling interests |  |  | (5.8 | ) |  |  | — |  |  |  | (5.8 | ) |  |  | (3.9 | ) |  |  | — |  |  |  | (3.9 | )
Acquisition of noncontrolling interests |  |  | (2.1 | ) |  |  | 0.3 |  |  |  | (2.4 | ) |  |  | (8.0 | ) |  |  | (3.2 | ) |  |  | (4.8 | )
Comprehensive income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  |  | 128.6 |  |  |  | 122.0 |  |  |  | 6.6 |  |  |  | 116.9 |  |  |  | 108.5 |  |  |  | 8.4 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Defined benefit plan adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1.9 |  |  |  | 1.9 |  |  |  | — |
Derivative instruments and hedging activities |  |  | 1.9 |  |  |  | 1.9 |  |  |  | — |  |  |  | 7.3 |  |  |  | 7.3 |  |  |  | — |
Foreign currency translation adjustments |  |  | (12.7 | ) |  |  | (10.9 | ) |  |  | (1.8 | ) |  |  | (31.4 | ) |  |  | (31.8 | ) |  |  | 0.4 |
Other comprehensive income (loss) |  |  | (10.8 | ) |  |  | (9.0 | ) |  |  | (1.8 | ) |  |  | (22.2 | ) |  |  | (22.6 | ) |  |  | 0.4 |
Comprehensive income |  |  | 117.8 |  |  |  | 113.0 |  |  |  | 4.8 |  |  |  | 94.7 |  |  |  | 85.9 |  |  |  | 8.8 |
Ending equity balance |  | $ | 3,242.5 |  |  | $ | 3,142.3 |  |  | $ | 100.2 |  |  | $ | 3,485.8 |  |  | $ | 3,360.6 |  |  | $ | 125.2 |
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | A summary of changes in accumulated other comprehensive income (loss), net of tax is shown below (in millions):
|  | Three Months Ended |
|  | March 29, 2014 |  |  | March 30, 2013 |
Defined benefit plan adjustments: |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (104.5 | ) |  | $ | (249.9 | )
Reclassification adjustments |  |  | — |  |  |  | 1.9 |
Balance at end of period |  | $ | (104.5 | ) |  | $ | (248.0 | )
Derivative instruments and hedging activities: |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (5.3 | ) |  | $ | 2.7 |
Reclassification adjustments |  |  | (0.7 | ) |  |  | (5.9 | )
Other comprehensive income recognized during the period |  |  | 2.6 |  |  |  | 13.2 |
Balance at end of period |  | $ | (3.4 | ) |  | $ | 10.0 |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (56.3 | ) |  | $ | (53.6 | )
Other comprehensive loss recognized during the period |  |  | (10.9 | ) |  |  | (31.8 | )
Balance at end of period |  | $ | (67.2 | ) |  | $ | (85.4 | )

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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