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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 02, 2016
 [1]
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 1,174.1 $ 1,196.6
Accounts receivable 3,048.8 2,590.0
Inventories 1,009.7 947.6
Other 543.1 552.4
Total current assets 5,775.7 5,286.6
LONG-TERM ASSETS:    
Property, plant and equipment, net 1,874.0 1,826.5
Goodwill 1,065.3 1,053.8
Other 1,244.5 1,238.9
Total long-term assets 4,183.8 4,119.2
Total assets 9,959.5 9,405.8
CURRENT LIABILITIES:    
Short-term borrowings 2.6 0.0
Accounts payable and drafts 2,790.0 2,504.4
Accrued liabilities 1,450.5 1,312.1
Current portion of long-term debt 26.4 23.1
Total current liabilities 4,269.5 3,839.6
LONG-TERM LIABILITIES:    
Long-term debt 1,928.5 1,931.7
Other 617.1 616.8
Total long-term liabilities 2,545.6 2,548.5
EQUITY:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding 0.0 0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 80,563,291 shares issued as of April 2, 2016 and December 31, 2015 0.8 0.8
Additional paid-in capital 1,346.9 1,451.9
Common stock held in treasury, 6,796,200 and 6,099,078 shares as of April 2, 2016 and December 31, 2015, respectively, at cost (700.4) (623.0)
Retained earnings 3,050.9 2,827.8
Accumulated other comprehensive loss (660.6) (730.1)
Lear Corporation stockholders’ equity 3,037.6 2,927.4
Noncontrolling interests 106.8 90.3
Equity 3,144.4 3,017.7
Total liabilities and equity $ 9,959.5 $ 9,405.8
[1] Unaudited.