XML 84 R72.htm IDEA: XBRL DOCUMENT v3.4.0.3
Supplemental Guarantor Condensed Consolidating Financial Statements - Income Statement (Detail) - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Condensed Financial Statements, Captions [Line Items]    
Net sales $ 4,662.9 $ 4,521.4
Cost of sales 4,127.2 4,095.7
Selling, general and administrative expenses 149.0 151.7
Intercompany operating (income) expense, net 0.0 0.0
Amortization of intangible assets 13.2 13.3
Interest expense 21.1 24.4
Other expense, net 8.5 30.0
Consolidated income before provision for income taxes and equity in net income of affiliates 343.9 206.3
Provision for income taxes 98.2 62.9
Equity in net income of affiliates (16.8) (13.3)
Equity in net income of subsidiaries 0.0 0.0
Consolidated net income 262.5 156.7
Less: Net income attributable to noncontrolling interests 14.1 9.4
Net income attributable to Lear 248.4 147.3
Consolidated comprehensive income 332.2 28.8
Less: Comprehensive income attributable to noncontrolling interests 14.3 9.3
Comprehensive income attributable to Lear 317.9 19.5
Eliminations    
Condensed Financial Statements, Captions [Line Items]    
Net sales (1,322.3) (1,290.9)
Cost of sales (1,322.3) (1,290.9)
Selling, general and administrative expenses 0.0 0.0
Intercompany operating (income) expense, net 0.0 0.0
Amortization of intangible assets 0.0 0.0
Interest expense 0.0 0.0
Other expense, net 0.0 0.0
Consolidated income before provision for income taxes and equity in net income of affiliates 0.0 0.0
Provision for income taxes 0.0 0.0
Equity in net income of affiliates 0.0 0.0
Equity in net income of subsidiaries 395.2 213.4
Consolidated net income (395.2) (213.4)
Less: Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to Lear (395.2) (213.4)
Consolidated comprehensive income (462.5) (74.8)
Less: Comprehensive income attributable to noncontrolling interests 0.0 0.0
Comprehensive income attributable to Lear (462.5) (74.8)
Lear    
Condensed Financial Statements, Captions [Line Items]    
Net sales 105.6 96.8
Cost of sales 158.5 148.3
Selling, general and administrative expenses 73.7 61.2
Intercompany operating (income) expense, net (129.9) (147.9)
Amortization of intangible assets 0.7 0.4
Interest expense 16.2 20.8
Other expense, net 10.3 14.2
Consolidated income before provision for income taxes and equity in net income of affiliates (23.9) (0.2)
Provision for income taxes (9.5) 2.8
Equity in net income of affiliates 0.1 (0.3)
Equity in net income of subsidiaries (262.9) (150.0)
Consolidated net income 248.4 147.3
Less: Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to Lear 248.4 147.3
Consolidated comprehensive income 317.9 19.5
Less: Comprehensive income attributable to noncontrolling interests 0.0 0.0
Comprehensive income attributable to Lear 317.9 19.5
Guarantors    
Condensed Financial Statements, Captions [Line Items]    
Net sales 2,038.4 1,987.9
Cost of sales 1,797.5 1,812.0
Selling, general and administrative expenses 5.1 23.8
Intercompany operating (income) expense, net 74.5 70.4
Amortization of intangible assets 5.2 5.2
Interest expense 6.9 5.9
Other expense, net (0.4) (2.1)
Consolidated income before provision for income taxes and equity in net income of affiliates 149.6 72.7
Provision for income taxes 60.2 31.5
Equity in net income of affiliates (0.5) (0.7)
Equity in net income of subsidiaries (132.3) (63.4)
Consolidated net income 222.2 105.3
Less: Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to Lear 222.2 105.3
Consolidated comprehensive income 228.1 88.6
Less: Comprehensive income attributable to noncontrolling interests 0.0 0.0
Comprehensive income attributable to Lear 228.1 88.6
Non- guarantors    
Condensed Financial Statements, Captions [Line Items]    
Net sales 3,841.2 3,727.6
Cost of sales 3,493.5 3,426.3
Selling, general and administrative expenses 70.2 66.7
Intercompany operating (income) expense, net 55.4 77.5
Amortization of intangible assets 7.3 7.7
Interest expense (2.0) (2.3)
Other expense, net (1.4) 17.9
Consolidated income before provision for income taxes and equity in net income of affiliates 218.2 133.8
Provision for income taxes 47.5 28.6
Equity in net income of affiliates (16.4) (12.3)
Equity in net income of subsidiaries 0.0 0.0
Consolidated net income 187.1 117.5
Less: Net income attributable to noncontrolling interests 14.1 9.4
Net income attributable to Lear 173.0 108.1
Consolidated comprehensive income 248.7 (4.5)
Less: Comprehensive income attributable to noncontrolling interests 14.3 9.3
Comprehensive income attributable to Lear $ 234.4 $ (13.8)