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Comprehensive Income and Equity (Tables) | 3 Months Ended
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Apr. 02, 2016
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 April 2, 2016, are shown below (in millions):
| Three Months Ended April 2, 2016
| Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests
Beginning equity balance | $ | 3,017.7 |  |  | $ | 2,927.4 |  |  | $ | 90.3 |
Stock-based compensation transactions | (27.7 | ) |  | (27.7 | ) |  | — |
Repurchase of common stock | (154.7 | ) |  | (154.7 | ) |  | — |
Dividends declared to Lear Corporation stockholders | (23.1 | ) |  | (23.1 | ) |  | — |
Non-controlling interests — other | — |  |  | (2.2 | ) |  | 2.2 |
Comprehensive income: |  |  |  |  |  |
Net income | 262.5 |  |  | 248.4 |  |  | 14.1 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |
Defined benefit plan adjustments | (2.8 | ) |  | (2.8 | ) |  | — |
Derivative instruments and hedging activities | 2.0 |  |  | 2.0 |  |  | — |
Foreign currency translation adjustments | 70.5 |  |  | 70.3 |  |  | 0.2 |
Other comprehensive income | 69.7 |  |  | 69.5 |  |  | 0.2 |
Comprehensive income | 332.2 |  |  | 317.9 |  |  | 14.3 |
Ending equity balance | $ | 3,144.4 |  |  | $ | 3,037.6 |  |  | $ | 106.8 |
A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three months ended March 28, 2015, are shown below (in millions):
| Three Months Ended March 28, 2015
| Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests
Beginning equity balance | $ | 3,029.3 |  |  | $ | 2,958.8 |  |  | $ | 70.5 |
Stock-based compensation transactions | (33.5 | ) |  | (33.5 | ) |  | — |
Repurchase of common stock | (112.4 | ) |  | (112.4 | ) |  | — |
Dividends declared to Lear Corporation stockholders | (20.3 | ) |  | (20.3 | ) |  | — |
Dividends paid to noncontrolling interests | (0.1 | ) |  | — |  |  | (0.1 | )
Comprehensive income: |  |  |  |  |
Net income | 156.7 |  |  | 147.3 |  |  | 9.4 |
Other comprehensive income (loss), net of tax: |  |  |  |  |
Defined benefit plan adjustments | 7.7 |  |  | 7.7 |  |  | — |
Derivative instruments and hedging activities | 5.7 |  |  | 5.7 |  |  | — |
Foreign currency translation adjustments | (141.3 | ) |  | (141.2 | ) |  | (0.1 | )
Other comprehensive loss | (127.9 | ) |  | (127.8 | ) |  | (0.1 | )
Comprehensive income | 28.8 |  |  | 19.5 |  |  | 9.3 |
Ending equity balance | $ | 2,891.8 |  |  | $ | 2,812.1 |  |  | $ | 79.7 |
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | A summary of changes, net of tax, in accumulated other comprehensive loss for the three months ended April 2, 2016, is shown below (in millions):
| Three Months Ended April 2, 2016
Defined benefit plans: |
Balance at beginning of period | $ | (194.6 | )
Reclassification adjustments (net of tax expense of $0.2 million) | 1.1 |
Other comprehensive loss recognized during the period (net of tax impact of $— million) | (3.9 | )
Balance at end of period | $ | (197.4 | )
Derivative instruments and hedging: |
Balance at beginning of period | $ | (38.7 | )
Reclassification adjustments (net of tax expense of $4.9 million) | 13.6 |
Other comprehensive loss recognized during the period (net of tax benefit of $4.2 million) | (11.6 | )
Balance at end of period | $ | (36.7 | )
Foreign currency translation: |
Balance at beginning of period | $ | (496.8 | )
Other comprehensive income recognized during the period (net of tax impact of $— million) | 70.3 |
Balance at end of period | $ | (426.5 | )
A summary of changes, net of tax, in accumulated other comprehensive loss for the three months ended March 28, 2015, is shown below (in millions):
| Three Months Ended March 28, 2015
Defined benefit plans: |
Balance at beginning of period | $ | (219.2 | )
Reclassification adjustments (net of tax expense of $0.4 million) | 1.1 |
Other comprehensive income recognized during the period (net of tax impact of $— million) | 6.6 |
Balance at end of period | $ | (211.5 | )
Derivative instruments and hedging: |
Balance at beginning of period | $ | (33.2 | )
Reclassification adjustments (net of tax expense of $1.3 million) | 3.4 |
Other comprehensive income recognized during the period (net of tax expense of $1.1 million) | 2.3 |
Balance at end of period | $ | (27.5 | )
Foreign currency translation: |
Balance at beginning of period | $ | (249.6 | )
Other comprehensive loss recognized during the period (net of tax benefit of $4.1 million) | (141.2 | )
Balance at end of period | $ | (390.8 | )

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