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Investments in Affiliates and Other Related Party Transactions | 12 Months Ended
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Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Investments in Affiliates and Other Related Party Transactions | Investments in Affiliates and Other Related Party Transactions The Company’s beneficial ownership in affiliates accounted for under the equity method is shown below:
December 31, | 2015 |  | 2014 |  | 2013
Shanghai Lear STEC Automotive Parts Co., Ltd. (China) | 55% |  | 55% |  | 55%
Beijing BAI Lear Automotive Systems Co., Ltd. (China) | 50 |  | 50 |  | 50
Beijing Lear Automotive Electronics and Electrical Products Co., Ltd. (China) | 50 |  | 50 |  | 50
Dong Kwang Lear Yuhan Hoesa (Korea) | 50 |  | 50 |  | 50
Industrias Cousin Freres, S.L. (Spain) | 50 |  | 50 |  | 50
Jiangxi Jiangling Lear Interior Systems Co., Ltd. (China) | 50 |  | 50 |  | 50
Lear Dongfeng Automotive Seating Co., Ltd. (China) | 50 |  | 50 |  | 50
Changchun Lear FAWSN Automotive Electrical and Electronics Co., Ltd. (China) | 49 |  | 49 |  | 49
Changchun Lear FAWSN Automotive Seat Systems Co., Ltd. (China) | 49 |  | 49 |  | 49
Honduras Electrical Distribution Systems S. de R.L. de C.V. (Honduras) | 49 |  | 49 |  | 49
Kyungshin-Lear Sales and Engineering LLC | 49 |  | 49 |  | 49
Beijing Lear Dymos Automotive Systems Co., Ltd. (China) | 40 |  | 40 |  | 40
Dymos Lear Automotive India Private Limited (India) | 35 |  | 35 |  | 35
eLumigen, LLC | 30 |  | 30 |  | 15
RevoLaze, LLC | 20 |  | 20 |  | 20
HB Polymer Company, LLC | 10 |  | 10 |  | 10
Tacle Seating USA, LLC | — |  | — |  | 49
Summarized group financial information for affiliates accounted for under the equity method as of December 31, 2015 and 2014, and for the years ended December 31, 2015, 2014 and 2013, is shown below (unaudited; in millions):
December 31, | 2015 |  | 2014
Balance sheet data: |  |  |
Current assets | $ | 977.7 |  |  | $ | 909.3 |
Non-current assets | 211.5 |  |  | 179.1 |
Current liabilities | 823.2 |  |  | 723.4 |
Non-current liabilities | 34.2 |  |  | 10.8 |
For the year ended December 31, | 2015 |  | 2014 |  | 2013
Income statement data: |  |  |  |  |
Net sales | $ | 2,087.8 |  |  | $ | 2,074.4 |  |  | $ | 1,831.7 |
Gross profit | 155.5 |  |  | 123.4 |  |  | 119.6 |
Income before provision for income taxes | 127.4 |  |  | 112.3 |  |  | 106.9 |
Net income attributable to affiliates | 96.0 |  |  | 85.6 |  |  | 86.0 |
As of December 31, 2015 and 2014, the Company’s aggregate investment in affiliates was $156.5 million and $171.5 million, respectively. In addition, the Company had receivables due from affiliates, including notes and advances, of $95.5 million and $101.0 million and payables due to affiliates of $7.7 million and $5.7 million as of December 31, 2015 and 2014, respectively. A summary of transactions with affiliates and other related parties is shown below (in millions):
For the year ended December 31, | 2015 |  | 2014 |  | 2013
Sales to affiliates | $ | 198.5 |  |  | $ | 292.5 |  |  | $ | 235.0 |
Purchases from affiliates | 26.3 |  |  | 32.1 |  |  | 41.5 |
Management and other fees for services provided to affiliates | 36.8 |  |  | 26.9 |  |  | 22.3 |
Dividends received from affiliates | 54.1 |  |  | 25.0 |  |  | 17.6 |
The Company’s investment in Shanghai Lear STEC Automotive Parts Co., Ltd. is accounted for under the equity method as the result of certain approval rights granted to the minority shareholders, including approval of the annual budget, business plan and the appointment or dismissal of management. The Company’s investments in eLumigen, LLC and HB Polymer Company, LLC are accounted for under the equity method as the Company’s interests in these entities are similar to partnership interests. 2014 In April 2014, the Company sold its 49% ownership interest in Tacle Seating USA, LLC. The Company did not recognize a significant gain or loss related to this transaction. Also in 2014, the Company acquired an additional ownership interest in eLumigen, LLC, thereby increasing its ownership interest to 30% from 15%. 2013 In March 2013, the Company completed the sale of its 22.88% ownership interest in International Automotive Components Group North America, LLC for net proceeds of $49.6 million. The Company did not recognize a significant gain or loss related to this transaction. Also in 2013, the Company established investments in RevoLaze, LLC, eLumigen, LLC and HB Polymer Company, LLC.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=49116238&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=49116238&loc=d3e32787-111569 + Details
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